# EDGAR Filing Document

**Accession Number:** 0000351601
**File Stem:** 0001410368-25-011878
**Filing Date:** 2025-9
**Character Count:** 286456
**Document Hash:** c3b29dbcaec53de6180deb2eee353b7c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-011878.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0001410368-25-011878

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RUSSELL INVESTMENT CO
- **CENTRAL INDEX KEY:** 0000351601

**ORGANIZATION NAME:**
- **EIN:** 911151059
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03153
- **FILM NUMBER:** 251346425

**BUSINESS ADDRESS:**
- **STREET 1:** 1301 SECOND AVENUE
- **STREET 2:** 18TH FLOOR
- **CITY:** SEATTLE
- **STATE:** WA
- **ZIP:** 98101
- **BUSINESS PHONE:** 800-787-7354

**MAIL ADDRESS:**
- **STREET 1:** 1301 SECOND AVENUE
- **STREET 2:** 18TH FLOOR
- **CITY:** SEATTLE
- **STATE:** WA
- **ZIP:** 98101

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RUSSELL FRANK INVESTMENT CO
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Short Duration Bond Fund (Series ID: S000001601)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000004336 | Class S      | RFBSX           |
| C000004337 | Class C      | RSBCX           |
| C000043470 | Class A      | RSBTX           |
| C000066918 | Class Y      | RSBYX           |
| C000166204 | Class R6     | RDBRX           |
| C000178370 | Class M      | RSDTX           |

## Nport-Ex

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## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** RUSSELL INVESTMENT CO

- **b. Investment Company Act file number:** 811-03153

- **c. CIK number of Registrant:** 0000351601

- **d. LEI of Registrant:** 549300J63VJ9OS4TCK93

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

  - **Street Address 1:** 1301 SECOND AVENUE

  - **City:** SEATTLE

  - **State:** WA

  - **Foreign country:** US

  - **Zip / Postal Code:** 98101

  - **Telephone number:** 800-787-7354

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

- **a. Name of Series:** Short Duration Bond Fund

- **b. EDGAR series identifier (if any):** S000001601

- **c. LEI of Series:** SYIWP2HFI2PTL75P6V57

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $422992023.45

**Total Liabilities:** $5094344.22

**Net Assets:** $417897679.23

**Delayed Delivery Securities:** $2996745.80

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -1292.95000000 | **1-Year:** -30622.87000000 | **5-Year:** -19832.97000000 | **10-Year:** -2756.04000000 | **30-Year:** -1351.64000000

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

- **3-Month:** -20.76000000 | **1-Year:** -877.70000000 | **5-Year:** -2785.97000000 | **10-Year:** -57.46000000 | **30-Year:** -28.46000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000043470 | 0.08%                | 0.80%                | 0.01%                |
| Class ID C000166204 | 0.11%                | 0.88%                | -0.02%               |
| Class ID C000004336 | 0.10%                | 0.82%                | 0.03%                |
| Class ID C000178370 | 0.11%                | 0.88%                | -0.02%               |
| Class ID C000004337 | 0.02%                | 0.75%                | -0.10%               |
| Class ID C000066918 | 0.11%                | 0.83%                | 0.04%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $324691.67               | $-999489.86                                |
| Month 2  | $72039.80                | $1505364.61                                |
| Month 3  | $61149.33                | $-970374.16                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| XCEL ENERGY INC                                                                                     | Xcel Energy Inc                                                                 | CUSIP: 98389BAW0<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    851000 | PA      | $786134.65    | 0.19%             | 2029-12-01      | Fixed         | 2.60%                 | No            | 2                  | On Loan: No      |
| SYNCHRONY BANK                                                                                      | Synchrony Bank                                                                  | CUSIP: 87166FAE3<br>LEI: 549300UATVPGSLE43Z27 | Long             | DBT              | CORP              | US        |    258000 | PA      | $262405.74    | 0.06%             | 2027-08-23      | Fixed         | 5.63%                 | No            | 2                  | On Loan: No      |
| United States Treasury                                                                              | U.S. Treasury Notes                                                             | CUSIP: 91282CGQ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3215000 | PA      | $3224042.19   | 0.77%             | 2030-02-28      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| SIXTH STREET SPECIALTY                                                                              | Sixth Street Specialty Lending Inc                                              | CUSIP: 83012AAC3<br>LEI: 549300TX61566GJWCN05 | Long             | DBT              | CORP              | US        |    261000 | PA      | $267292.05    | 0.06%             | 2029-03-01      | Fixed         | 6.13%                 | No            | 2                  | On Loan: No      |
| BANK OF AMERICA CORP                                                                                | Bank of America Corp                                                            | CUSIP: 06051GML0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1687285.10   | 0.40%             | 2031-01-24      | Fixed         | 5.16%                 | No            | 2                  | On Loan: No      |
| COCA-COLA EUROPACIFIC                                                                               | Coca-Cola Europacific Partners PLC                                              | CUSIP: 19123MAF0<br>LEI: 549300LTH67W4GWMRF57 | Long             | DBT              | CORP              | GB        |    717000 | PA      | $686551.76    | 0.16%             | 2027-01-15      | Fixed         | 1.50%                 | Yes           | 2                  | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC                                                         | BBCMS Mortgage Trust 2020-C8                                                    | CUSIP: 05552AAZ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     60000 | PA      | $56651.24     | 0.01%             | 2053-10-15      | Fixed         | 1.87%                 | No            | 2                  | On Loan: No      |
| Northern Trust Corp                                                                                 | Northern Trust Corp                                                             | CUSIP: 665859AS3<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |    542000 | PA      | $525665.37    | 0.13%             | 2032-05-08      | Fixed         | 3.38%                 | No            | 2                  | On Loan: No      |
| Mont Blanc Capital Corp                                                                             | Mont Blanc Capital Corp                                                         | CUSIP: 6117P4W30<br>LEI: 549300NC8BUDZTUFIQ67 | Long             | STIV             | CORP              | US        |    700000 | PA      | $697189.50    | 0.17%             | 2025-09-03      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| JPMORGAN CHASE & CO                                                                                 | JPMorgan Chase & Co                                                             | CUSIP: 46647PEA0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1585000 | PA      | $1597288.70   | 0.38%             | 2028-01-23      | Fixed         | 5.04%                 | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                                                              | PURCHASED JPY / SOLD USD                                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | JP        |         1 | NC      | $-81380.40    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                                            | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175CM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    567000 | PA      | $575392.28    | 0.14%             | 2026-11-10      | Fixed         | 6.15%                 | No            | 2                  | On Loan: No      |
| Woodward Capital Management                                                                         | RCKT Mortgage Trust 2025-CES7                                                   | CUSIP: 74943AAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $300342.51    | 0.07%             | 2055-07-25      | Variable      | 5.38%                 | Yes           | 2                  | On Loan: No      |
| United States Treasury                                                                              | U.S. Treasury Bills                                                             | CUSIP: 912797QT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |    935000 | PA      | $930665.96    | 0.22%             | 2025-09-09      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Home Partners of America Trust                                                                      | Home Partners of America 2020-2 Trust                                           | CUSIP: 437301AA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    915981 | PA      | $834987.43    | 0.20%             | 2041-01-17      | Fixed         | 1.53%                 | Yes           | 2                  | On Loan: No      |
| Nissan Auto Lease Trust                                                                             | Nissan Auto Lease Trust 2025-A                                                  | CUSIP: 65479XAF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    265000 | PA      | $266893.26    | 0.06%             | 2029-02-15      | Fixed         | 5.03%                 | No            | 2                  | On Loan: No      |
| BANCO SANTANDER SA                                                                                  | Banco Santander SA                                                              | CUSIP: 05964HAU9<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    539000 | PA      | $555811.31    | 0.13%             | 2028-08-08      | Fixed         | 5.59%                 | No            | 2                  | On Loan: No      |
| Verus Securitization Trust                                                                          | Verus Securitization Trust 2024-7                                               | CUSIP: 924925AA8<br>LEI: 213800HQOHEFNJCQYJ07 | Long             | ABS-MBS          | CORP              | US        |    819153 | PA      | $812916.78    | 0.19%             | 2069-09-25      | Variable      | 5.10%                 | Yes           | 2                  | On Loan: No      |
| BOOZ ALLEN HAMILTON INC                                                                             | Booz Allen Hamilton Inc                                                         | CUSIP: 09951LAB9<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |    370000 | PA      | $357710.24    | 0.09%             | 2029-07-01      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: No      |
| United States Treasury                                                                              | U.S. Treasury Notes                                                             | CUSIP: 91282CLL3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1525000 | PA      | $1508201.18   | 0.36%             | 2027-09-15      | Fixed         | 3.38%                 | No            | 2                  | On Loan: No      |
| KRAFT HEINZ FOODS CO                                                                                | Kraft Heinz Foods Co                                                            | CUSIP: 50077LAV8<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    723000 | PA      | $691188.58    | 0.17%             | 2030-04-01      | Fixed         | 3.75%                 | No            | 2                  | On Loan: No      |
| BARINGS BDC INC                                                                                     | Barings BDC Inc                                                                 | CUSIP: 06759LAC7<br>LEI: 549300GSF4KFZP6ONG49 | Long             | DBT              | CORP              | US        |    623000 | PA      | $608356.43    | 0.15%             | 2026-11-23      | Fixed         | 3.30%                 | No            | 2                  | On Loan: No      |
| Bank                                                                                                | BANK 2019-BNK22                                                                 | CUSIP: 06540XBE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     98049 | PA      | $95085.31     | 0.02%             | 2062-11-15      | Fixed         | 2.90%                 | No            | 2                  | On Loan: No      |
| SUZANO AUSTRIA GMBH                                                                                 | Suzano Austria GmbH                                                             | CUSIP: 86964WAH5<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |    259000 | PA      | $257787.47    | 0.06%             | 2030-01-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| HSBC HOLDINGS PLC                                                                                   | HSBC Holdings PLC                                                               | CUSIP: 404280DF3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    212000 | PA      | $212463.97    | 0.05%             | 2028-06-09      | Fixed         | 4.76%                 | No            | 2                  | On Loan: No      |
| BANK OF MONTREAL                                                                                    | Bank of Montreal                                                                | CUSIP: 06368LC53<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   1300000 | PA      | $1313853.45   | 0.31%             | 2026-12-11      | Fixed         | 5.27%                 | No            | 2                  | On Loan: No      |
| Tyson Foods Inc                                                                                     | Tyson Foods Inc                                                                 | CUSIP: 902494BC6<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |    393000 | PA      | $386131.49    | 0.09%             | 2027-06-02      | Fixed         | 3.55%                 | No            | 2                  | On Loan: No      |
| Inversiones CMPC SA                                                                                 | Inversiones CMPC SA                                                             | CUSIP: 46128MAJ0<br>LEI: 549300G475ACIABB4385 | Long             | DBT              | CORP              | CL        |    230000 | PA      | $228249.01    | 0.05%             | 2027-04-04      | Fixed         | 4.38%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                                                            | Government National Mortgage Association                                        | CUSIP: 38379LWP7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    271692 | PA      | $258502.18    | 0.06%             | 2043-01-16      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Cabot Trail Funding LLC                                                                             | Cabot Trail Funding LLC                                                         | CUSIP: 12710GZG8<br>LEI: 25490002FPRX2W8W9V23 | Long             | STIV             | CORP              | US        |    600000 | PA      | $589985.82    | 0.14%             | 2025-12-16      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| CITIGROUP INC                                                                                       | Citigroup Inc                                                                   | CUSIP: 17327CAW3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1420000 | PA      | $1427271.15   | 0.34%             | 2029-03-04      | Fixed         | 4.79%                 | No            | 2                  | On Loan: No      |
| JPMorgan Chase Bank NA                                                                              | PURCHASED NOK / SOLD USD                                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | NO        |         1 | NC      | $-39567.13    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| ORACLE CORP                                                                                         | Oracle Corp                                                                     | CUSIP: 68389XCY9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1225000 | PA      | $1238075.63   | 0.30%             | 2028-08-03      | Fixed         | 4.80%                 | No            | 2                  | On Loan: No      |
| Hertz Vehicle Financing LLC                                                                         | Hertz Vehicle Financing III LP                                                  | CUSIP: 42806MAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3910000 | PA      | $3769081.53   | 0.90%             | 2027-12-27      | Fixed         | 1.68%                 | Yes           | 2                  | On Loan: No      |
| United States Treasury                                                                              | U.S. Treasury Notes                                                             | CUSIP: 91282CLG4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2000000 | PA      | $1992656.26   | 0.48%             | 2027-08-15      | Fixed         | 3.75%                 | No            | 2                  | On Loan: No      |
| Dryden Senior Loan Fund                                                                             | Dryden 55 CLO Ltd                                                               | CUSIP: 26245MAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     88524 | PA      | $88569.94     | 0.02%             | 2031-04-15      | Floating      | 5.60%                 | Yes           | 2                  | On Loan: No      |
| VONTIER CORP                                                                                        | Vontier Corp                                                                    | CUSIP: 928881AD3<br>LEI: 549300VVSQLG4P5K4639 | Long             | DBT              | CORP              | US        |    671000 | PA      | $630612.01    | 0.15%             | 2028-04-01      | Fixed         | 2.40%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                                                                          | Fannie Mae REMICS                                                               | CUSIP: 3136BUQL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2304537 | PA      | $2302104.04   | 0.55%             | 2055-01-25      | Floating      | 5.60%                 | No            | 2                  | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                                                                            | Omega Healthcare Investors Inc                                                  | CUSIP: 681936BL3<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              |  | US        |    738000 | PA      | $700363.82    | 0.17%             | 2029-10-01      | Fixed         | 3.63%                 | No            | 2                  | On Loan: No      |
| CoreVest American Finance Ltd                                                                       | CoreVest American Finance 2022-1 Trust                                          | CUSIP: 21873EAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    520755 | PA      | $520447.88    | 0.12%             | 2055-06-17      | Variable      | 4.74%                 | Yes           | 2                  | On Loan: No      |
| Morgan Stanley Capital I Trust                                                                      | Morgan Stanley Capital I Trust 2019-H7                                          | CUSIP: 61771MAU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    244937 | PA      | $239043.59    | 0.06%             | 2052-07-15      | Fixed         | 3.17%                 | No            | 2                  | On Loan: No      |
| T-MOBILE USA INC                                                                                    | T-Mobile USA Inc                                                                | CUSIP: 87264ADA0<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    583000 | PA      | $590001.01    | 0.14%             | 2028-07-15      | Fixed         | 4.80%                 | No            | 2                  | On Loan: No      |
| FEDERAL FARM CREDIT BANK                                                                            | Federal Farm Credit Banks Funding Corp                                          | CUSIP: 3133ETJJ7<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |   2275000 | PA      | $2266939.45   | 0.54%             | 2030-05-28      | Fixed         | 4.72%                 | No            | 2                  | On Loan: No      |
| USB Auto Owner Trust                                                                                | USB Auto Owner Trust 2025-1                                                     | CUSIP: 90367VAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     65000 | PA      | $65384.53     | 0.02%             | 2031-01-15      | Fixed         | 4.81%                 | Yes           | 2                  | On Loan: No      |
| UniCredit SpA                                                                                       | UniCredit SpA                                                                   | CUSIP: 904678AQ2<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    272000 | PA      | $288428.08    | 0.07%             | 2034-04-02      | Fixed         | 7.30%                 | Yes           | 2                  | On Loan: No      |
| BX Trust                                                                                            | BX Commercial Mortgage Trust 2020-VIVA                                          | CUSIP: 12433XAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $90850.91     | 0.02%             | 2044-03-11      | Variable      | 3.55%                 | Yes           | 2                  | On Loan: No      |
| ABBVIE INC                                                                                          | AbbVie Inc                                                                      | CUSIP: 00287YDR7<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    715000 | PA      | $719807.82    | 0.17%             | 2027-03-15      | Fixed         | 4.80%                 | No            | 2                  | On Loan: No      |
| Western Funding Auto Loan Trust                                                                     | Western Funding Auto Loan Trust 2025-1                                          | CUSIP: 958250AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    690000 | PA      | $689656.38    | 0.17%             | 2035-07-16      | Fixed         | 4.75%                 | Yes           | 2                  | On Loan: No      |
| GOLDMAN SACHS BANK USA                                                                              | Goldman Sachs Bank USA/New York NY                                              | CUSIP: 38151LAG5<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1181910.67   | 0.28%             | 2027-05-21      | Fixed         | 5.41%                 | No            | 2                  | On Loan: No      |
| Freddie Mac - STACR                                                                                 | Freddie Mac STACR REMIC Trust 2021-DNA6                                         | CUSIP: 35564KKY4<br>LEI: 5493000ISONLNOUKGB71 | Long             | ABS-MBS          | USGSE             | US        |    341102 | PA      | $342643.18    | 0.08%             | 2041-10-25      | Floating      | 5.85%                 | Yes           | 2                  | On Loan: No      |
| Citibank NA                                                                                         | PURCHASED CAD / SOLD USD                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | CA        |         1 | NC      | $-65571.97    | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                                              | NextEra Energy Capital Holdings Inc                                             | CUSIP: 65339KCL2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    380000 | PA      | $381822.98    | 0.09%             | 2027-09-01      | Fixed         | 4.69%                 | No            | 2                  | On Loan: No      |
| ALASKA AIRLINES 2020 TR                                                                             | Alaska Airlines 2020-1 Class A Pass Through Trust                               | CUSIP: 01166VAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    417478 | PA      | $416285.22    | 0.10%             | 2027-08-15      | Fixed         | 4.80%                 | Yes           | 2                  | On Loan: No      |
| BCRED MML CLO 2021-1 LLC                                                                            | BCRED MML CLO 2021-1 LLC                                                        | CUSIP: 05554LAG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    200000 | PA      | $200095.40    | 0.05%             | 2035-01-15      | Floating      | 6.06%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                                                                         | Freddie Mac REMICS                                                              | CUSIP: 3137HHTX9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2221459 | PA      | $2207186.46   | 0.53%             | 2051-12-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Bank of America Credit Card Trust                                                                   | BA Credit Card Trust                                                            | CUSIP: 05522RDJ4<br>LEI: 5493006DQ60M1CRKHH19 | Long             | ABS-O            | CORP              | US        |    280000 | PA      | $283388.60    | 0.07%             | 2029-05-15      | Fixed         | 4.93%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                                                                          | Fannie Mae REMICS                                                               | CUSIP: 3136BUUY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1733072 | PA      | $1740198.78   | 0.42%             | 2055-02-25      | Floating      | 5.85%                 | No            | 2                  | On Loan: No      |
| PHILIP MORRIS INTL INC                                                                              | Philip Morris International Inc                                                 | CUSIP: 718172DF3<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    945000 | PA      | $950524.82    | 0.23%             | 2027-02-12      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| ORACLE CORP                                                                                         | Oracle Corp                                                                     | CUSIP: 68389XCX1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    530000 | PA      | $531874.31    | 0.13%             | 2028-08-03      | Floating      | 5.10%                 | No            | 2                  | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                                                            | Avis Budget Rental Car Funding AESOP LLC                                        | CUSIP: 05377RDU5<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    155000 | PA      | $154798.48    | 0.04%             | 2026-08-20      | Fixed         | 2.33%                 | Yes           | 2                  | On Loan: No      |
| GENERAL MOTORS FINL CO                                                                              | General Motors Financial Co Inc                                                 | CUSIP: 37045XDV5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    735000 | PA      | $721710.10    | 0.17%             | 2029-04-06      | Fixed         | 4.30%                 | No            | 2                  | On Loan: No      |
| Toyota Auto Receivables Owner Trust                                                                 | Toyota Auto Receivables 2024-A Owner Trust                                      | CUSIP: 89238DAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     36603 | PA      | $36615.85     | 0.01%             | 2026-12-15      | Fixed         | 5.13%                 | No            | 2                  | On Loan: No      |
| CarMax Auto Owner Trust                                                                             | CarMax Auto Owner Trust 2024-1                                                  | CUSIP: 14318WAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     75000 | PA      | $75943.63     | 0.02%             | 2029-08-15      | Fixed         | 5.17%                 | No            | 2                  | On Loan: No      |
| Citibank NA                                                                                         | PURCHASED USD / SOLD GBP                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $39593.34     | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| ROYAL BANK OF CANADA                                                                                | Royal Bank of Canada                                                            | CUSIP: 78016HZT0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    210000 | PA      | $211604.05    | 0.05%             | 2027-01-19      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| WELLS FARGO & COMPANY                                                                               | Wells Fargo & Co                                                                | CUSIP: 95000U3R2<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1270000 | PA      | $1276515.09   | 0.31%             | 2028-01-24      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| MERITAGE HOMES CORP                                                                                 | Meritage Homes Corp                                                             | CUSIP: 59001ABD3<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |    425000 | PA      | $410450.61    | 0.10%             | 2029-04-15      | Fixed         | 3.88%                 | Yes           | 2                  | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                                            | Enterprise Products Operating LLC                                               | CUSIP: 29379VCE1<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    700000 | PA      | $702445.11    | 0.17%             | 2027-01-11      | Fixed         | 4.60%                 | No            | 2                  | On Loan: No      |
| FIRST QUANTUM MINERALS L                                                                            | First Quantum Minerals Ltd                                                      | CUSIP: 335934AV7<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $212000.50    | 0.05%             | 2029-03-01      | Fixed         | 9.38%                 | Yes           | 2                  | On Loan: No      |
| F&G ANNUITIES & LIFE INC                                                                            | F&G Annuities & Life Inc                                                        | CUSIP: 30190AAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    568000 | PA      | $594456.88    | 0.14%             | 2028-01-13      | Fixed         | 7.40%                 | No            | 2                  | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                                             | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GWL4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    950000 | PA      | $935742.31    | 0.22%             | 2028-06-05      | Fixed         | 3.69%                 | No            | 2                  | On Loan: No      |
| SYNOPSYS INC                                                                                        | Synopsys Inc                                                                    | CUSIP: 871607AB3<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |   1185000 | PA      | $1193207.82   | 0.29%             | 2028-04-01      | Fixed         | 4.65%                 | No            | 2                  | On Loan: No      |
| PACCAR FINANCIAL CORP                                                                               | PACCAR Financial Corp                                                           | CUSIP: 69371RR99<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |   2270000 | PA      | $2269379.45   | 0.54%             | 2025-08-11      | Fixed         | 3.55%                 | No            | 2                  | On Loan: No      |
| American Express Credit Account Master Trust                                                        | American Express Credit Account Master Trust                                    | CUSIP: 02582JKV1<br>LEI: 549300Y4SA5G3GIJTP18 | Long             | ABS-O            | CORP              | US        |    570000 | PA      | $571492.97    | 0.14%             | 2030-07-15      | Fixed         | 4.30%                 | No            | 2                  | On Loan: No      |
| SYSCO CORPORATION                                                                                   | Sysco Corp                                                                      | CUSIP: 871829BK2<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    766000 | PA      | $698162.22    | 0.17%             | 2030-02-15      | Fixed         | 2.40%                 | No            | 2                  | On Loan: No      |
| SUZANO INTL FINANCE BV                                                                              | Suzano International Finance BV                                                 | CUSIP: 000000000<br>LEI: 5493000KMIB6J1KMKL84 | Long             | DBT              | CORP              | NL        |    384000 | PA      | $388361.57    | 0.09%             | 2027-01-17      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Verizon Master Trust                                                                                | Verizon Master Trust                                                            | CUSIP: 92348KDU4<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |    335000 | PA      | $336412.23    | 0.08%             | 2031-01-21      | Fixed         | 5.09%                 | No            | 2                  | On Loan: No      |
| MORGAN STANLEY                                                                                      | Morgan Stanley                                                                  | CUSIP: 61747YFY6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    725000 | PA      | $733757.51    | 0.18%             | 2029-04-12      | Fixed         | 4.99%                 | No            | 2                  | On Loan: No      |
| THE CAMPBELLS COMPANY                                                                               | The Campbell's Company                                                          | CUSIP: 134429BJ7<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |    316000 | PA      | $284617.43    | 0.07%             | 2030-04-24      | Fixed         | 2.38%                 | No            | 2                  | On Loan: No      |
| Golden Credit Card Trust                                                                            | Golden Credit Card Trust                                                        | CUSIP: 380881FB3<br>LEI: 549300BEDPMEONLTJX58 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $966689.09    | 0.23%             | 2028-08-15      | Fixed         | 1.14%                 | Yes           | 2                  | On Loan: No      |
| BANGKOK BANK PCL/HK                                                                                 | Bangkok Bank PCL/Hong Kong                                                      | CUSIP: 06000BAB8<br>LEI: 549300CCL2BKJGMYXV60 | Long             | DBT              | CORP              | TH        |    579000 | PA      | $574901.72    | 0.14%             | 2027-06-15      | Fixed         | 4.30%                 | Yes           | 2                  | On Loan: No      |
| AXIS SPECIALTY FINANCE                                                                              | AXIS Specialty Finance LLC                                                      | CUSIP: 05463HAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    278000 | PA      | $267014.26    | 0.06%             | 2040-01-15      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| BANCO SANTANDER S A N Y                                                                             | BANCO SANTANDER S A N Y                                                         | CUSIP: 05973RDK5<br>LEI: N/A                  | Long             | STIV             | CORP              | ES        |    600000 | PA      | $600009.56    | 0.14%             | 2025-08-12      | Fixed         | 4.53%                 | No            | 2                  | On Loan: No      |
| John Deere Owner Trust                                                                              | John Deere Owner Trust 2025-B                                                   | CUSIP: 47800UAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    900000 | PA      | $899106.54    | 0.22%             | 2028-07-17      | Fixed         | 4.28%                 | No            | 2                  | On Loan: No      |
| United States Treasury                                                                              | U.S. Treasury Bills                                                             | CUSIP: 912797RP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |    950000 | PA      | $937833.87    | 0.22%             | 2025-11-18      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| HSBC HOLDINGS PLC                                                                                   | HSBC Holdings PLC                                                               | CUSIP: 404280DZ9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    685000 | PA      | $693432.40    | 0.17%             | 2027-08-14      | Fixed         | 5.89%                 | No            | 2                  | On Loan: No      |
| AVNET INC                                                                                           | Avnet Inc                                                                       | CUSIP: 053807AW3<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |    666000 | PA      | $690651.78    | 0.17%             | 2028-03-15      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| Cencosud SA                                                                                         | Cencosud SA                                                                     | CUSIP: 15132HAH4<br>LEI: 549300NLTGCFV7482429 | Long             | DBT              | CORP              | CL        |    584000 | PA      | $579543.66    | 0.14%             | 2027-07-17      | Fixed         | 4.38%                 | Yes           | 2                  | On Loan: No      |
| WESTINGHOUSE AIR BRAKE                                                                              | Westinghouse Air Brake Technologies Corp                                        | CUSIP: 960386AL4<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |    679000 | PA      | $669380.08    | 0.16%             | 2026-11-15      | Fixed         | 3.45%                 | No            | 2                  | On Loan: No      |
| ELM Trust 2024                                                                                      | ELM Trust 2024-ELM                                                              | CUSIP: 26860XAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $101141.39    | 0.02%             | 2039-06-10      | Variable      | 6.00%                 | Yes           | 2                  | On Loan: No      |
| BANK OF MONTREAL                                                                                    | Bank of Montreal                                                                | CUSIP: 06368L8K5<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    630000 | PA      | $629953.12    | 0.15%             | 2027-09-10      | Fixed         | 4.57%                 | No            | 2                  | On Loan: No      |
| KEY BANK NA                                                                                         | KeyBank NA/Cleveland OH                                                         | CUSIP: 49327M3G7<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |    395000 | PA      | $394671.30    | 0.09%             | 2026-01-26      | Fixed         | 4.70%                 | No            | 2                  | On Loan: No      |
| CSAIL Commercial Mortgage Trust                                                                     | CSAIL 2019-C17 Commercial Mortgage Trust                                        | CUSIP: 12597BAV1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    129949 | PA      | $126351.41    | 0.03%             | 2052-09-17      | Fixed         | 2.96%                 | No            | 2                  | On Loan: No      |
| VERIZON COMMUNICATIONS                                                                              | Verizon Communications Inc                                                      | CUSIP: 92343VGH1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    750000 | PA      | $709018.55    | 0.17%             | 2028-03-22      | Fixed         | 2.10%                 | No            | 2                  | On Loan: No      |
| Freddie Mac - STACR                                                                                 | Freddie Mac STACR REMIC Trust 2022-DNA2                                         | CUSIP: 35564KRF8<br>LEI: 5493000ISA3AUOXQEF68 | Long             | ABS-MBS          | USGSE             | US        |    300000 | PA      | $305718.75    | 0.07%             | 2042-02-25      | Floating      | 6.75%                 | Yes           | 2                  | On Loan: No      |
| ROYAL BANK OF CANADA                                                                                | Royal Bank of Canada                                                            | CUSIP: 78017FZS5<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    890000 | PA      | $890162.88    | 0.21%             | 2028-10-18      | Fixed         | 4.52%                 | No            | 2                  | On Loan: No      |
| AMSR Trust                                                                                          | AMSR 2021-SFR2 Trust                                                            | CUSIP: 00179VAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2659388 | PA      | $2570899.11   | 0.62%             | 2038-08-17      | Fixed         | 1.53%                 | Yes           | 2                  | On Loan: No      |
| Enstar Group Ltd                                                                                    | Enstar Group Ltd                                                                | CUSIP: 29359UAB5<br>LEI: 213800AMAL5QFXVUCN04 | Long             | DBT              | CORP              | BM        |    676000 | PA      | $678132.69    | 0.16%             | 2029-06-01      | Fixed         | 4.95%                 | No            | 2                  | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                                                | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                                   | CUSIP: 70917TSC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $606269.25    | 0.15%             | 2026-11-01      | Fixed         | 4.86%                 | No            | 2                  | On Loan: No      |
| Hubbell Inc                                                                                         | Hubbell Inc                                                                     | CUSIP: 443510AH5<br>LEI: 54930088VDQ6840Y6597 | Long             | DBT              | CORP              | US        |    271000 | PA      | $263674.25    | 0.06%             | 2027-08-15      | Fixed         | 3.15%                 | No            | 2                  | On Loan: No      |
| EQUATE PETROCHEMICAL CO                                                                             | EQUATE Petrochemical Co KSC                                                     | CUSIP: 29441WAC9<br>LEI: 635400J73BDO4TTGXD45 | Long             | DBT              | CORP              | KW        |    260000 | PA      | $258214.51    | 0.06%             | 2026-11-03      | Fixed         | 4.25%                 | Yes           | 2                  | On Loan: No      |
| Woodward Capital Management                                                                         | RCKT Mortgage Trust 2025-CES2                                                   | CUSIP: 74942BAA9<br>LEI: 2549001985H26N17CK52 | Long             | ABS-MBS          | CORP              | US        |    804335 | PA      | $804741.00    | 0.19%             | 2055-02-25      | Variable      | 5.50%                 | Yes           | 2                  | On Loan: No      |
| BLOCK FINANCIAL LLC                                                                                 | Block Financial LLC                                                             | CUSIP: 093662AJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    304000 | PA      | $285984.12    | 0.07%             | 2028-07-15      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| United States Treasury                                                                              | U.S. Treasury Bills                                                             | CUSIP: 912797QL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |    590000 | PA      | $588243.14    | 0.14%             | 2025-08-26      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| STAR 2022-SFR3 Trust                                                                                | STAR 2022-SFR3 Trust                                                            | CUSIP: 78474PAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1623478 | PA      | $1627070.44   | 0.39%             | 2039-05-17      | Floating      | 5.99%                 | Yes           | 2                  | On Loan: No      |
| UBS AG                                                                                              | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | XX        |         1 | NC      | $-155024.67   | -0.04%            |  |  |  | No            | 2                  | On Loan: No      |
| CANADIAN NATL RESOURCES                                                                             | Canadian Natural Resources Ltd                                                  | CUSIP: 136385AX9<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |    304000 | PA      | $300364.93    | 0.07%             | 2027-06-01      | Fixed         | 3.85%                 | No            | 2                  | On Loan: No      |
| DTE ENERGY CO                                                                                       | DTE Energy Co                                                                   | CUSIP: 233331BF3<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    282000 | PA      | $262002.47    | 0.06%             | 2030-03-01      | Fixed         | 2.95%                 | No            | 2                  | On Loan: No      |
| BX Trust                                                                                            | BX Trust 2022-LBA6                                                              | CUSIP: 12433EAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $250142.98    | 0.06%             | 2039-01-15      | Floating      | 5.34%                 | Yes           | 2                  | On Loan: No      |
| Chicago Board of Trade                                                                              | US ULTRA BOND CBT SEP25                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |         1 | NC      | $2528.96      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Hexcel Corp                                                                                         | Hexcel Corp                                                                     | CUSIP: 428291AN8<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | DBT              | CORP              | US        |    607000 | PA      | $600665.65    | 0.14%             | 2027-02-15      | Fixed         | 4.20%                 | No            | 2                  | On Loan: No      |
| EQUITABLE AMERICA GLOBAL                                                                            | Equitable America Global Funding                                                | CUSIP: 29446Q2A0<br>LEI: 98450066CCBIACF06694 | Long             | DBT              | CORP              | US        |    565000 | PA      | $566648.73    | 0.14%             | 2028-06-09      | Fixed         | 4.65%                 | Yes           | 2                  | On Loan: No      |
| Cabot Trail Funding LLC                                                                             | Cabot Trail Funding LLC                                                         | CUSIP: 12710GYC8<br>LEI: 25490002FPRX2W8W9V23 | Long             | STIV             | CORP              | US        |    600000 | PA      | $592424.16    | 0.14%             | 2025-11-12      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| SANDS CHINA LTD                                                                                     | Sands China Ltd                                                                 | CUSIP: 80007RAN5<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $192653.97    | 0.05%             | 2027-03-08      | Fixed         | 2.30%                 | No            | 2                  | On Loan: No      |
| TORONTO-DOMINION BANK                                                                               | Toronto-Dominion Bank/The                                                       | CUSIP: 89115A2H4<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    755000 | PA      | $759661.69    | 0.18%             | 2027-09-15      | Fixed         | 4.69%                 | No            | 2                  | On Loan: No      |
| AMSR Trust                                                                                          | AMSR 2020-SFR5 Trust                                                            | CUSIP: 03217JAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    284423 | PA      | $281828.90    | 0.07%             | 2037-11-17      | Fixed         | 1.38%                 | Yes           | 2                  | On Loan: No      |
| Singapore Exchange Derivatives Clearing Ltd.                                                        | 10YR MINI JGB FUT SEP25                                                         | CUSIP: 000000000<br>LEI: 549300ZLWT3FK3F0FW61 | N/A              | DIR              |  | SG        |        -8 | NC      | $2165.52      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| CONSUMERS ENERGY CO                                                                                 | Consumers Energy Co                                                             | CUSIP: 210518DV5<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |    875000 | PA      | $890216.16    | 0.21%             | 2029-02-15      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| Hilton Grand Vacations Trust                                                                        | Hilton Grand Vacations Trust 2025-1                                             | CUSIP: 43283CAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    666015 | PA      | $666990.36    | 0.16%             | 2042-05-27      | Fixed         | 4.88%                 | Yes           | 2                  | On Loan: No      |
| Navient Student Loan Trust                                                                          | Navient Private Education Refi Loan Trust 2021-E                                | CUSIP: 63942EAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    204045 | PA      | $181950.12    | 0.04%             | 2069-12-16      | Fixed         | 0.97%                 | Yes           | 2                  | On Loan: No      |
| SEALED AIR CORP                                                                                     | Sealed Air Corp                                                                 | CUSIP: 81211KAZ3<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    976000 | PA      | $936978.22    | 0.22%             | 2026-10-15      | Fixed         | 1.57%                 | Yes           | 2                  | On Loan: No      |
| Nvent Finance Sarl                                                                                  | nVent Finance Sarl                                                              | CUSIP: 67078AAD5<br>LEI: 549300KO1OQ4MVFB6X02 | Long             | DBT              | CORP              | LU        |    534000 | PA      | $530707.13    | 0.13%             | 2028-04-15      | Fixed         | 4.55%                 | No            | 2                  | On Loan: No      |
| AMSR Trust                                                                                          | AMSR 2024-SFR2 Trust                                                            | CUSIP: 00179UAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $146372.10    | 0.04%             | 2041-11-17      | Fixed         | 4.15%                 | Yes           | 2                  | On Loan: No      |
| SEMPRA                                                                                              | Sempra                                                                          | CUSIP: 816851BP3<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    353000 | PA      | $342406.18    | 0.08%             | 2029-04-01      | Fixed         | 3.70%                 | No            | 2                  | On Loan: No      |
| John Deere Owner Trust                                                                              | John Deere Owner Trust 2024                                                     | CUSIP: 47800RAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    398692 | PA      | $399064.67    | 0.10%             | 2027-02-16      | Fixed         | 5.19%                 | No            | 2                  | On Loan: No      |
| AT&T INC                                                                                            | AT&T Inc                                                                        | CUSIP: 00206RML3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1767175.13   | 0.42%             | 2026-03-25      | Fixed         | 1.70%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                                                         | Freddie Mac REMICS                                                              | CUSIP: 3137HLL34<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2583808 | PA      | $2563169.68   | 0.61%             | 2052-11-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Capital One Multi-Asset Execution Trust                                                             | Capital One Multi-Asset Execution Trust                                         | CUSIP: 14041NGB1<br>LEI: R42WS16M9R97TJJKGU15 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1000918.62   | 0.24%             | 2027-10-15      | Fixed         | 4.95%                 | No            | 2                  | On Loan: No      |
| Onslow Bay Financial LLC                                                                            | OBX 2025-NQM6 Trust                                                             | CUSIP: 67448UAA0<br>LEI: 254900W46UQEWQMYYZ02 | Long             | ABS-MBS          | CORP              | US        |   1035919 | PA      | $1038521.80   | 0.25%             | 2065-03-25      | Variable      | 5.60%                 | Yes           | 2                  | On Loan: No      |
| Hin Timeshare Trust                                                                                 | HINNT 2024-A LLC                                                                | CUSIP: 40472QAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    129013 | PA      | $131090.12    | 0.03%             | 2043-03-15      | Fixed         | 5.49%                 | Yes           | 2                  | On Loan: No      |
| State Street Bank & Trust Co.                                                                       | PURCHASED NOK / SOLD USD                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | NO        |         1 | NC      | $-41.61       | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| FEDERAL FARM CREDIT BANK                                                                            | Federal Farm Credit Banks Funding Corp                                          | CUSIP: 3133ETFB8<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |    256000 | PA      | $255323.66    | 0.06%             | 2029-04-30      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| CVS HEALTH CORP                                                                                     | CVS Health Corp                                                                 | CUSIP: 126650DM9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    720000 | PA      | $673992.03    | 0.16%             | 2027-08-21      | Fixed         | 1.30%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                                                                          | Fannie Mae REMICS                                                               | CUSIP: 3136BV7C6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1800101 | PA      | $1785015.79   | 0.43%             | 2052-03-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                                                         | Freddie Mac REMICS                                                              | CUSIP: 3137HMLW8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2335000 | PA      | $2313807.96   | 0.55%             | 2052-04-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| NYC Commercial Mortgage Trust                                                                       | NYC Commercial Mortgage Trust 2025-3BP                                          | CUSIP: 67120UAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    730000 | PA      | $724623.92    | 0.17%             | 2042-02-15      | Floating      | 5.55%                 | Yes           | 2                  | On Loan: No      |
| AMERICAN EXPRESS CO                                                                                 | American Express Co                                                             | CUSIP: 025816CM9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1836685.86   | 0.44%             | 2026-11-04      | Fixed         | 1.65%                 | No            | 2                  | On Loan: No      |
| Barclays Mortgage Loan Trust                                                                        | Barclays Mortgage Loan Trust 2024-NQM4                                          | CUSIP: 06745KAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1949954 | PA      | $1916789.43   | 0.46%             | 2064-12-26      | Variable      | 4.79%                 | Yes           | 2                  | On Loan: No      |
| XPO INC                                                                                             | XPO Inc                                                                         | CUSIP: 98379KAA0<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |    573000 | PA      | $582328.06    | 0.14%             | 2028-06-01      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Progress Residential Trust                                                                          | Progress Residential 2025-SFR4 Trust                                            | CUSIP: 74290JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    720000 | PA      | $702877.65    | 0.17%             | 2042-08-19      | Fixed         | 4.30%                 | Yes           | 2                  | On Loan: No      |
| SOUTHERN CAL EDISON                                                                                 | Southern California Edison Co                                                   | CUSIP: 842400JA2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    538000 | PA      | $538816.66    | 0.13%             | 2027-02-01      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| Woodward Capital Management                                                                         | RCKT Mortgage Trust 2024-CES1                                                   | CUSIP: 749424AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    185557 | PA      | $186152.98    | 0.04%             | 2044-02-25      | Variable      | 6.03%                 | Yes           | 2                  | On Loan: No      |
| Monongahela Power Co                                                                                | Monongahela Power Co                                                            | CUSIP: 610202BR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1826000 | PA      | $1795332.95   | 0.43%             | 2027-05-15      | Fixed         | 3.55%                 | Yes           | 2                  | On Loan: No      |
| Synchrony Card Issuance Trust                                                                       | Synchrony Card Funding LLC                                                      | CUSIP: 87166PAM3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    920000 | PA      | $928969.35    | 0.22%             | 2030-03-15      | Fixed         | 5.04%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                                                                          | Fannie Mae REMICS                                                               | CUSIP: 3136BRTV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    917795 | PA      | $911134.60    | 0.22%             | 2044-03-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Western Funding Auto Loan Trust                                                                     | Western Funding Auto Loan Trust 2025-1                                          | CUSIP: 958250AB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    305000 | PA      | $304942.35    | 0.07%             | 2035-09-17      | Fixed         | 4.98%                 | Yes           | 2                  | On Loan: No      |
| PRP Advisors, LLC                                                                                   | PRPM 2024-RCF1 LLC                                                              | CUSIP: 693581AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    621487 | PA      | $608267.74    | 0.15%             | 2054-01-25      | Variable      | 4.00%                 | Yes           | 2                  | On Loan: No      |
| TSMC ARIZONA CORP                                                                                   | TSMC Arizona Corp                                                               | CUSIP: 872898AA9<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |    400000 | PA      | $386834.02    | 0.09%             | 2026-10-25      | Fixed         | 1.75%                 | No            | 2                  | On Loan: No      |
| TENNESSEE GAS PIPELINE                                                                              | Tennessee Gas Pipeline Co LLC                                                   | CUSIP: 880451AZ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    427000 | PA      | $394665.68    | 0.09%             | 2030-03-01      | Fixed         | 2.90%                 | Yes           | 2                  | On Loan: No      |
| Mercury General Corp                                                                                | Mercury General Corp                                                            | CUSIP: 589400AB6<br>LEI: 5493001Q9EXPCEL4W527 | Long             | DBT              | CORP              | US        |    668000 | PA      | $661016.15    | 0.16%             | 2027-03-15      | Fixed         | 4.40%                 | No            | 2                  | On Loan: No      |
| Taxable Municipal Funding Trust                                                                     | TXBL MUNI FUNDING TRUST VARIOUS STATES                                          | CUSIP: 62630WEL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $170000.00    | 0.04%             | 2030-09-01      | Floating      | 4.65%                 | Yes           | 2                  | On Loan: No      |
| DTE ENERGY CO                                                                                       | DTE Energy Co                                                                   | CUSIP: 233331BM8<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    865000 | PA      | $873062.93    | 0.21%             | 2027-07-01      | Fixed         | 4.95%                 | No            | 2                  | On Loan: No      |
| New York State Dormitory Authority                                                                  | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                            | CUSIP: 64990KHE6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    345000 | PA      | $343810.33    | 0.08%             | 2027-03-15      | Fixed         | 4.15%                 | No            | 2                  | On Loan: No      |
| UBS Commercial Mortgage Trust                                                                       | UBS Commercial Mortgage Trust 2017-C2                                           | CUSIP: 90276CAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    340211 | PA      | $332847.01    | 0.08%             | 2050-08-15      | Fixed         | 3.23%                 | No            | 2                  | On Loan: No      |
| ADANI ELECTRICITY MUMBAI                                                                            | Adani Electricity Mumbai Ltd                                                    | CUSIP: 00654GAA1<br>LEI: 335800AIC1B5EBFVUC38 | Long             | DBT              | CORP              | IN        |    555000 | PA      | $509058.74    | 0.12%             | 2030-02-12      | Fixed         | 3.95%                 | Yes           | 2                  | On Loan: No      |
| CARNIVAL CORP                                                                                       | Carnival Corp                                                                   | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    352000 | PA      | $341922.68    | 0.08%             | 2028-08-01      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: No      |
| Elmwood CLO I Ltd.                                                                                  | Elmwood CLO I Ltd                                                               | CUSIP: 290015AW6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    130000 | PA      | $130321.23    | 0.03%             | 2037-04-20      | Floating      | 5.85%                 | Yes           | 2                  | On Loan: No      |
| Constellation Brands Inc                                                                            | Constellation Brands Inc                                                        | CUSIP: 21036PAY4<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    429000 | PA      | $420464.44    | 0.10%             | 2028-02-15      | Fixed         | 3.60%                 | No            | 2                  | On Loan: No      |
| Home Partners of America Trust                                                                      | Home Partners of America 2021-2 Trust                                           | CUSIP: 43732VAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    311871 | PA      | $300348.47    | 0.07%             | 2026-12-17      | Fixed         | 2.30%                 | Yes           | 2                  | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                                            | Santander UK Group Holdings PLC                                                 | CUSIP: 80281LAG0<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    367000 | PA      | $359380.71    | 0.09%             | 2028-11-03      | Fixed         | 3.82%                 | No            | 2                  | On Loan: No      |
| PTTEP TREASURY CENTER CO                                                                            | PTTEP Treasury Center Co Ltd                                                    | CUSIP: 69371MAF4<br>LEI: 2549006WFOUPZX6TZG08 | Long             | DBT              | CORP              | TH        |    680000 | PA      | $654813.11    | 0.16%             | 2027-06-10      | Fixed         | 2.59%                 | Yes           | 2                  | On Loan: No      |
| Evergreen Credit Card Trust                                                                         | Evergreen Credit Card Trust                                                     | CUSIP: 30023JCX4<br>LEI: 5493002G9KVV6J3CNU15 | Long             | ABS-O            | CORP              | CA        |    320000 | PA      | $322360.30    | 0.08%             | 2029-05-15      | Fixed         | 5.24%                 | Yes           | 2                  | On Loan: No      |
| FIRSTENERGY PENN ELECTRI                                                                            | FirstEnergy Pennsylvania Electric Co                                            | CUSIP: 708696CA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    525000 | PA      | $526289.18    | 0.13%             | 2026-03-30      | Fixed         | 5.15%                 | Yes           | 2                  | On Loan: No      |
| State Street Bank & Trust Co.                                                                       | PURCHASED CHF / SOLD USD                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | CH        |         1 | NC      | $-44.39       | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                                             | GLP Capital LP / GLP Financing II Inc                                           | CUSIP: 361841AK5<br>LEI: N/A                  | Long             | DBT              |  | US        |    500000 | PA      | $510667.33    | 0.12%             | 2028-06-01      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| FS KKR CAPITAL CORP                                                                                 | FS KKR Capital Corp                                                             | CUSIP: 302635AH0<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |    586000 | PA      | $563321.65    | 0.13%             | 2027-01-15      | Fixed         | 2.63%                 | No            | 2                  | On Loan: No      |
| SK HYNIX INC                                                                                        | SK Hynix Inc                                                                    | CUSIP: 78392BAG2<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |    764000 | PA      | $772568.89    | 0.18%             | 2027-01-16      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| LPL HOLDINGS INC                                                                                    | LPL Holdings Inc                                                                | CUSIP: 50212YAD6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    779000 | PA      | $755132.35    | 0.18%             | 2029-03-15      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: No      |
| MCCORMICK & CO                                                                                      | McCormick & Co Inc/MD                                                           | CUSIP: 579780AQ0<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |    292000 | PA      | $266798.11    | 0.06%             | 2030-04-15      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| ENSTAR FINANCE LLC                                                                                  | Enstar Finance LLC                                                              | CUSIP: 29360AAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    463000 | PA      | $455421.94    | 0.11%             | 2042-01-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| BANK OF NOVA SCOTIA                                                                                 | Bank of Nova Scotia/The                                                         | CUSIP: 06417XAN1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   1450000 | PA      | $1451133.52   | 0.35%             | 2026-02-02      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust                                                       | JPMCC Commercial Mortgage Securities Trust 2017-JP7                             | CUSIP: 465968AC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    154920 | PA      | $150207.69    | 0.04%             | 2050-09-15      | Fixed         | 3.38%                 | No            | 2                  | On Loan: No      |
| FRESB Multifamily Mortgage Pass-Through Certifica                                                   | FRESB 2018-SB52 Mortgage Trust                                                  | CUSIP: 30297CAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    143859 | PA      | $140880.05    | 0.03%             | 2028-06-25      | Variable      | 3.45%                 | No            | 2                  | On Loan: No      |
| COOPERATIEVE RABOBANK UA                                                                            | Cooperatieve Rabobank UA                                                        | CUSIP: 74977RDN1<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    450000 | PA      | $443316.74    | 0.11%             | 2028-04-06      | Fixed         | 3.65%                 | Yes           | 2                  | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                                             | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GC77<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    805000 | PA      | $809926.13    | 0.19%             | 2028-04-23      | Fixed         | 4.94%                 | No            | 2                  | On Loan: No      |
| WALMART INC                                                                                         | Walmart Inc                                                                     | CUSIP: 931142EX7<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1297174.31   | 0.31%             | 2027-09-09      | Fixed         | 3.95%                 | No            | 2                  | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                                            | Ford Motor Credit Co LLC                                                        | CUSIP: 345397C27<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    855000 | PA      | $847971.54    | 0.20%             | 2027-05-28      | Fixed         | 4.95%                 | No            | 2                  | On Loan: No      |
| FEDERAL FARM CREDIT BANK                                                                            | Federal Farm Credit Banks Funding Corp                                          | CUSIP: 3133ETNH6<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |    620000 | PA      | $618672.46    | 0.15%             | 2027-03-30      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Dryden Senior Loan Fund                                                                             | Dryden 87 CLO Ltd                                                               | CUSIP: 26246GAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    200000 | PA      | $200000.00    | 0.05%             | 2034-05-20      | Floating      | 5.68%                 | Yes           | 2                  | On Loan: No      |
| Apple Inc                                                                                           | Apple Inc                                                                       | CUSIP: 037833CJ7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1186573.13   | 0.28%             | 2027-02-09      | Fixed         | 3.35%                 | No            | 2                  | On Loan: No      |
| Credit Agricole SA                                                                                  | Credit Agricole SA                                                              | CUSIP: 225313AK1<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    521000 | PA      | $506834.51    | 0.12%             | 2033-01-10      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: No      |
| FRESENIUS MED CARE III                                                                              | Fresenius Medical Care US Finance III Inc                                       | CUSIP: 35805BAA6<br>LEI: 5299006ZHLMXOOUVTU44 | Long             | DBT              | CORP              | US        |    710000 | PA      | $679286.24    | 0.16%             | 2029-06-15      | Fixed         | 3.75%                 | Yes           | 2                  | On Loan: No      |
| Manulife Financial Corp                                                                             | Manulife Financial Corp                                                         | CUSIP: 56501RAE6<br>LEI: 5493007GBX87QOZACS27 | Long             | DBT              | CORP              | CA        |    309000 | PA      | $304705.40    | 0.07%             | 2032-02-24      | Fixed         | 4.06%                 | No            | 2                  | On Loan: No      |
| Hyundai Auto Receivables Trust                                                                      | Hyundai Auto Receivables Trust 2024-A                                           | CUSIP: 448973AB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    290700 | PA      | $291059.33    | 0.07%             | 2027-04-15      | Fixed         | 5.29%                 | No            | 2                  | On Loan: No      |
| MPLX LP                                                                                             | MPLX LP                                                                         | CUSIP: 55336VBR0<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    755000 | PA      | $742204.18    | 0.18%             | 2026-03-01      | Fixed         | 1.75%                 | No            | 2                  | On Loan: No      |
| EQT CORP                                                                                            | EQT Corp                                                                        | CUSIP: 26884LAM1<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    290000 | PA      | $285902.58    | 0.07%             | 2026-05-15      | Fixed         | 3.13%                 | Yes           | 2                  | On Loan: No      |
| JPMORGAN CHASE & CO                                                                                 | JPMorgan Chase & Co                                                             | CUSIP: 46647PEU6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    805000 | PA      | $813436.73    | 0.19%             | 2029-01-24      | Fixed         | 4.92%                 | No            | 2                  | On Loan: No      |
| Home Partners of America Trust                                                                      | Home Partners of America 2019-2 Trust                                           | CUSIP: 43732TAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    888375 | PA      | $851144.06    | 0.20%             | 2039-10-19      | Fixed         | 2.92%                 | Yes           | 2                  | On Loan: No      |
| Bank of America Credit Card Trust                                                                   | BA Credit Card Trust                                                            | CUSIP: 05522RDK1<br>LEI: 5493006DQ60M1CRKHH19 | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $200784.68    | 0.05%             | 2030-05-15      | Fixed         | 4.31%                 | No            | 2                  | On Loan: No      |
| Mont Blanc Capital Corp                                                                             | Mont Blanc Capital Corp                                                         | CUSIP: 6117P4Y53<br>LEI: 549300NC8BUDZTUFIQ67 | Long             | STIV             | CORP              | US        |    400000 | PA      | $395262.80    | 0.09%             | 2025-11-05      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                                             | John Deere Capital Corp                                                         | CUSIP: 24422EXD6<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |   1725000 | PA      | $1741078.85   | 0.42%             | 2026-09-08      | Fixed         | 5.15%                 | No            | 2                  | On Loan: No      |
| ALLEGION US HOLDING CO                                                                              | Allegion US Holding Co Inc                                                      | CUSIP: 01748NAE4<br>LEI: 5493002B66JX7J7SXI33 | Long             | DBT              | CORP              | US        |    323000 | PA      | $316137.96    | 0.08%             | 2027-10-01      | Fixed         | 3.55%                 | No            | 2                  | On Loan: No      |
| United States Treasury                                                                              | U.S. Treasury Bills                                                             | CUSIP: 912797QV2<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |    600000 | PA      | $596216.59    | 0.14%             | 2025-09-23      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| USB Auto Owner Trust                                                                                | USB Auto Owner Trust 2025-1                                                     | CUSIP: 90367VAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    185000 | PA      | $185276.21    | 0.04%             | 2030-06-17      | Fixed         | 4.49%                 | Yes           | 2                  | On Loan: No      |
| Province of Ontario Canada                                                                          | Province of Ontario Canada                                                      | CUSIP: 68323JWS0<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | STIV             | NUSS              | CA        |    679000 | PA      | $674373.74    | 0.16%             | 2025-09-26      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| BANK OF NEW YORK MELLON                                                                             | Bank of New York Mellon/The                                                     | CUSIP: 06405LAH4<br>LEI: HPFHU0OQ28E4N0NFVK49 | Long             | DBT              | CORP              | US        |    430000 | PA      | $434617.86    | 0.10%             | 2029-04-20      | Fixed         | 4.73%                 | No            | 2                  | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                                              | Canadian Imperial Bank of Commerce                                              | CUSIP: 13607LSL8<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   1740000 | PA      | $1758973.95   | 0.42%             | 2026-07-17      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                                            | Ford Motor Credit Co LLC                                                        | CUSIP: 345397D83<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1170000 | PA      | $1177355.64   | 0.28%             | 2027-03-05      | Fixed         | 5.80%                 | No            | 2                  | On Loan: No      |
| Morgan Stanley Capital Inc                                                                          | Morgan Stanley ABS Capital I Inc Trust 2004-HE3                                 | CUSIP: 61744CDH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     80571 | PA      | $81572.09     | 0.02%             | 2034-03-25      | Floating      | 5.32%                 | No            | 2                  | On Loan: No      |
| Sprint Capital Corp                                                                                 | Sprint Capital Corp                                                             | CUSIP: 852060AD4<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |    649000 | PA      | $693820.84    | 0.17%             | 2028-11-15      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| SOCIETE GENERALE                                                                                    | Societe Generale SA                                                             | CUSIP: 83368RBV3<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    596000 | PA      | $601839.62    | 0.14%             | 2028-01-19      | Fixed         | 5.52%                 | Yes           | 2                  | On Loan: No      |
| M&T Bank Auto Receivables Trust                                                                     | M&T Bank Auto Receivables Trust 2024-1                                          | CUSIP: 55286TAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1315000 | PA      | $1327296.88   | 0.32%             | 2032-02-17      | Fixed         | 5.22%                 | Yes           | 2                  | On Loan: No      |
| BX Trust                                                                                            | BX Commercial Mortgage Trust 2020-VIVA                                          | CUSIP: 12433XAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $221882.01    | 0.05%             | 2044-03-11      | Variable      | 3.55%                 | Yes           | 2                  | On Loan: No      |
| arbor multifamily mortgage securities trust                                                         | Arbor Multifamily Mortgage Securities Trust 2021-MF3                            | CUSIP: 03882KAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    345000 | PA      | $330532.91    | 0.08%             | 2054-10-15      | Fixed         | 2.21%                 | Yes           | 2                  | On Loan: No      |
| Natixis SA/New York NY                                                                              | Natixis SA/New York NY                                                          | CUSIP: 63873JX70<br>LEI: 2549003L5ZG5M2ZSE107 | Long             | STIV             | CORP              | FR        |    500000 | PA      | $495862.90    | 0.12%             | 2025-10-07      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Avangrid Inc                                                                                        | Avangrid Inc                                                                    | CUSIP: 05351WAB9<br>LEI: 549300OX0Q38NLSKPB49 | Long             | DBT              | CORP              | US        |    585000 | PA      | $570301.30    | 0.14%             | 2029-06-01      | Fixed         | 3.80%                 | No            | 2                  | On Loan: No      |
| ROYAL BANK OF CANADA                                                                                | Royal Bank of Canada                                                            | CUSIP: 78017DAG3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    835000 | PA      | $837061.79    | 0.20%             | 2028-03-27      | Floating      | 5.17%                 | No            | 2                  | On Loan: No      |
| EXXON MOBIL CORPORATION                                                                             | Exxon Mobil Corp                                                                | CUSIP: 30231GAT9<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1785615.86   | 0.43%             | 2026-03-01      | Fixed         | 3.04%                 | No            | 2                  | On Loan: No      |
| ELM Trust 2024                                                                                      | ELM Trust 2024-ELM                                                              | CUSIP: 26860XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    450000 | PA      | $453092.48    | 0.11%             | 2039-06-10      | Variable      | 5.80%                 | Yes           | 2                  | On Loan: No      |
| HCA INC                                                                                             | HCA Inc                                                                         | CUSIP: 404119CP2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    585000 | PA      | $595023.66    | 0.14%             | 2028-06-01      | Fixed         | 5.20%                 | No            | 2                  | On Loan: No      |
| Chicago Board of Trade                                                                              | US 2YR NOTE (CBT) SEP25                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       290 | NC      | $-101940.07   | -0.02%            |  |  |  | No            | 1                  | On Loan: No      |
| Avery Dennison Corp                                                                                 | Avery Dennison Corp                                                             | CUSIP: 053611AJ8<br>LEI: 549300PW7VPFCYKLIV37 | Long             | DBT              | CORP              | US        |    590000 | PA      | $595679.91    | 0.14%             | 2028-12-06      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| Navient Student Loan Trust                                                                          | Navient Private Education Refi Loan Trust 2020-F                                | CUSIP: 63941XAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     36301 | PA      | $33834.53     | 0.01%             | 2069-07-15      | Fixed         | 1.22%                 | Yes           | 2                  | On Loan: No      |
| ASX Clear (Futures)                                                                                 | AUST 10Y BOND FUT SEP25                                                         | CUSIP: 000000000<br>LEI: 549300ZD7BBOVZFVHK49 | N/A              | DIR              |  | AU        |        93 | NC      | $-17246.41    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Chase Issuance Trust                                                                                | Chase Issuance Trust                                                            | CUSIP: 161571HV9<br>LEI: 5493008SHVCX2Y068L12 | Long             | ABS-O            | CORP              | US        |    960000 | PA      | $964450.52    | 0.23%             | 2029-01-16      | Fixed         | 4.60%                 | No            | 2                  | On Loan: No      |
| JP Morgan Mortgage Acquisition Corp                                                                 | JP Morgan Mortgage Acquisition Trust 2007-CH2                                   | CUSIP: 46630MAY8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    207355 | PA      | $201658.56    | 0.05%             | 2037-01-25      | Floating      | 4.92%                 | No            | 2                  | On Loan: No      |
| COLT Funding LLC                                                                                    | COLT 2024-INV3 Mortgage Loan Trust                                              | CUSIP: 196919AA2<br>LEI: 2138006GN5HS2TH8G784 | Long             | ABS-MBS          | CORP              | US        |    608254 | PA      | $606244.09    | 0.15%             | 2069-09-25      | Variable      | 5.44%                 | Yes           | 2                  | On Loan: No      |
| M&T Equipment Notes                                                                                 | M&T Equipment 2023-LEAF1 Notes                                                  | CUSIP: 551925AC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    280000 | PA      | $284246.90    | 0.07%             | 2030-07-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| Chase Issuance Trust                                                                                | Chase Issuance Trust                                                            | CUSIP: 161571HT4<br>LEI: 5493008SHVCX2Y068L12 | Long             | ABS-O            | CORP              | US        |   1085000 | PA      | $1094960.83   | 0.26%             | 2028-09-15      | Fixed         | 5.16%                 | No            | 2                  | On Loan: No      |
| SYNOVUS BANK GA                                                                                     | Synovus Bank/Columbus GA                                                        | CUSIP: 87164DVJ6<br>LEI: DX0JX77PRMOELF7VG772 | Long             | DBT              | CORP              | US        |    455000 | PA      | $460501.54    | 0.11%             | 2028-02-15      | Fixed         | 5.63%                 | No            | 2                  | On Loan: No      |
| CBRE Services Inc                                                                                   | CBRE Services Inc                                                               | CUSIP: 12610BV17<br>LEI: 549300CTE3HOMEUMM603 | Long             | STIV             | CORP              | US        |    850000 | PA      | $850000.00    | 0.20%             | 2025-08-01      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| BANK OF NY MELLON CORP                                                                              | Bank of New York Mellon Corp/The                                                | CUSIP: 06406RBG1<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    240000 | PA      | $238318.68    | 0.06%             | 2028-06-13      | Fixed         | 3.99%                 | No            | 2                  | On Loan: No      |
| BAT Capital Corp                                                                                    | BAT Capital Corp                                                                | CUSIP: 05526DBB0<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    650000 | PA      | $637955.59    | 0.15%             | 2027-08-15      | Fixed         | 3.56%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                                                                          | Fannie Mae Pool                                                                 | CUSIP: 3140JCSB1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    236721 | PA      | $237099.88    | 0.06%             | 2053-07-01      | Floating      | 4.89%                 | No            | 2                  | On Loan: No      |
| ENEL FINANCE INTL NV                                                                                | Enel Finance International NV                                                   | CUSIP: 29278GAF5<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    584000 | PA      | $568411.74    | 0.14%             | 2028-04-06      | Fixed         | 3.50%                 | Yes           | 2                  | On Loan: No      |
| ENBRIDGE INC                                                                                        | Enbridge Inc                                                                    | CUSIP: 29250NBN4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    618000 | PA      | $637722.20    | 0.15%             | 2083-01-15      | Fixed         | 7.38%                 | No            | 2                  | On Loan: No      |
| HERCULES CAPITAL INC                                                                                | Hercules Capital Inc                                                            | CUSIP: 427096AJ1<br>LEI: 549300UJ5OC256GR2B73 | Long             | DBT              | CORP              | US        |    706000 | PA      | $686068.99    | 0.16%             | 2027-01-20      | Fixed         | 3.38%                 | No            | 2                  | On Loan: No      |
| JP Morgan Mortgage Trust                                                                            | JP Morgan Mortgage Trust Series 2025-3                                          | CUSIP: 46593RAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1102413 | PA      | $1103552.74   | 0.26%             | 2055-09-25      | Variable      | 5.60%                 | Yes           | 2                  | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                                                            | Vistra Operations Co LLC                                                        | CUSIP: 92840VAT9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    365000 | PA      | $366260.02    | 0.09%             | 2026-12-30      | Fixed         | 5.05%                 | Yes           | 2                  | On Loan: No      |
| LEHMAN BROS CAP TR VII                                                                              | Lehman Brothers Holdings Capital Trust VII                                      | CUSIP: 524908XA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    270000 | PA      | $27.00        | 0.00%             | 2025-08-30      | None          | 0.00%                 | No            | 3                  | On Loan: No      |
| TRANSPRTDRA DE GAS INTL                                                                             | Transportadora de Gas Internacional SA ESP                                      | CUSIP: 89387YAC5<br>LEI: 529900780HCVLCEM2440 | Long             | DBT              | CORP              | CO        |    484000 | PA      | $490142.52    | 0.12%             | 2028-11-01      | Fixed         | 5.55%                 | Yes           | 2                  | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                                                            | Western Midstream Operating LP                                                  | CUSIP: 958254AF1<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    720000 | PA      | $719023.98    | 0.17%             | 2026-07-01      | Fixed         | 4.65%                 | No            | 2                  | On Loan: No      |
| Wells Fargo Card issuance Trust                                                                     | WF Card Issuance Trust                                                          | CUSIP: 92970QAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    935000 | PA      | $936483.13    | 0.22%             | 2029-10-15      | Fixed         | 4.29%                 | No            | 2                  | On Loan: No      |
| Morgan Stanley BAML Trust                                                                           | Morgan Stanley Bank of America Merrill Lynch Trust 2025-C35                     | CUSIP: 61779CAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $149705.63    | 0.04%             | 2058-08-15      | Fixed         | 4.61%                 | No            | 2                  | On Loan: No      |
| MORGAN STANLEY                                                                                      | Morgan Stanley                                                                  | CUSIP: 61747YFH3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    895000 | PA      | $944407.42    | 0.23%             | 2029-11-01      | Fixed         | 6.41%                 | No            | 2                  | On Loan: No      |
| CNO Financial Group Inc                                                                             | CNO Financial Group Inc                                                         | CUSIP: 12621EAL7<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | DBT              | CORP              | US        |    665000 | PA      | $670674.58    | 0.16%             | 2029-05-30      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| MORGAN STANLEY                                                                                      | Morgan Stanley                                                                  | CUSIP: 61747YFP5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2343565.08   | 0.56%             | 2028-04-13      | Fixed         | 5.65%                 | No            | 2                  | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                                            | Sumitomo Mitsui Financial Group Inc                                             | CUSIP: 86562MCH1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    340000 | PA      | $328477.22    | 0.08%             | 2026-09-17      | Fixed         | 1.40%                 | No            | 2                  | On Loan: No      |
| Battery Park CLO Ltd.                                                                               | Battery Park Clo Ltd                                                            | CUSIP: 07133YAL4<br>LEI: 549300HAR0K520KW1A03 | Long             | ABS-CBDO         | CORP              | KY        |    100000 | PA      | $100027.10    | 0.02%             | 2036-07-15      | Floating      | 5.72%                 | Yes           | 2                  | On Loan: No      |
| WASTE MANAGEMENT INC                                                                                | Waste Management Inc                                                            | CUSIP: 94106LCB3<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    965000 | PA      | $970684.58    | 0.23%             | 2028-03-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Invitation Homes Trust                                                                              | Invitation Homes 2024-SFR1 Trust                                                | CUSIP: 46188DAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    189675 | PA      | $183824.98    | 0.04%             | 2041-09-17      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: No      |
| MPLX LP                                                                                             | MPLX LP                                                                         | CUSIP: 55336VAK6<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   1126000 | PA      | $1118654.36   | 0.27%             | 2027-03-01      | Fixed         | 4.13%                 | No            | 2                  | On Loan: No      |
| Navient Student Loan Trust                                                                          | Navient Private Education Refi Loan Trust 2022-B                                | CUSIP: 63942PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    153317 | PA      | $149272.44    | 0.04%             | 2070-10-15      | Fixed         | 4.16%                 | Yes           | 2                  | On Loan: No      |
| FACTSET RESEARCH SYSTEMS                                                                            | FactSet Research Systems Inc                                                    | CUSIP: 303075AA3<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | DBT              | CORP              | US        |    619000 | PA      | $604459.29    | 0.14%             | 2027-03-01      | Fixed         | 2.90%                 | No            | 2                  | On Loan: No      |
| JP Morgan Mortgage Trust                                                                            | JP Morgan Mortgage Trust 2024-CCM1                                              | CUSIP: 46658NAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2682461 | PA      | $2680497.87   | 0.64%             | 2055-04-25      | Variable      | 5.50%                 | Yes           | 2                  | On Loan: No      |
| Prudential Financial Inc                                                                            | Prudential Financial Inc                                                        | CUSIP: 744320BF8<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    612000 | PA      | $620505.61    | 0.15%             | 2048-09-15      | Fixed         | 5.70%                 | No            | 2                  | On Loan: No      |
| MCDONALD'S CORP                                                                                     | McDonald's Corp                                                                 | CUSIP: 58013MFP4<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    710000 | PA      | $699695.73    | 0.17%             | 2027-07-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| FirstKey Homes 2020-SFR1 Trust                                                                      | FirstKey Homes 2020-SFR1 Trust                                                  | CUSIP: 33767MAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    442230 | PA      | $440179.05    | 0.11%             | 2037-08-17      | Fixed         | 1.34%                 | Yes           | 2                  | On Loan: No      |
| State Street Bank & Trust Co.                                                                       | PURCHASED USD / SOLD GBP                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $147.97       | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| JPMDB Commercial Mortgage Securities Trust                                                          | JPMDB Commercial Mortgage Securities Trust 2019-COR6                            | CUSIP: 48129RAZ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     65311 | PA      | $63480.04     | 0.02%             | 2052-11-13      | Fixed         | 2.98%                 | No            | 2                  | On Loan: No      |
| AMERICAN EXPRESS CO                                                                                 | American Express Co                                                             | CUSIP: 025816DP1<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    600000 | PA      | $605380.30    | 0.14%             | 2028-02-16      | Fixed         | 5.10%                 | No            | 2                  | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                                            | Enterprise Products Operating LLC                                               | CUSIP: 29379VBR3<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    711000 | PA      | $702344.61    | 0.17%             | 2078-02-15      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| Sierra Receivables Funding Co LLC                                                                   | Sierra Timeshare 2025-2 Receivables Funding LLC                                 | CUSIP: 82653HAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    355000 | PA      | $355026.37    | 0.08%             | 2044-04-20      | Fixed         | 4.72%                 | Yes           | 2                  | On Loan: No      |
| HALEON US CAPITAL LLC                                                                               | Haleon US Capital LLC                                                           | CUSIP: 36264FAK7<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |    550000 | PA      | $540873.40    | 0.13%             | 2027-03-24      | Fixed         | 3.38%                 | No            | 2                  | On Loan: No      |
| SIXTH STREET SPECIALTY                                                                              | Sixth Street Specialty Lending Inc                                              | CUSIP: 83012AAB5<br>LEI: 549300TX61566GJWCN05 | Long             | DBT              | CORP              | US        |    452000 | PA      | $474218.60    | 0.11%             | 2028-08-14      | Fixed         | 6.95%                 | No            | 2                  | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                                              | NextEra Energy Capital Holdings Inc                                             | CUSIP: 65339KDH0<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    560000 | PA      | $563204.42    | 0.13%             | 2028-02-04      | Floating      | 5.14%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                                                         | Freddie Mac REMICS                                                              | CUSIP: 3137HLLM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2393096 | PA      | $2366284.72   | 0.57%             | 2052-02-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| GA GLOBAL FUNDING TRUST                                                                             | GA Global Funding Trust                                                         | CUSIP: 36143L2A2<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |    285000 | PA      | $280992.69    | 0.07%             | 2026-01-15      | Fixed         | 1.63%                 | Yes           | 2                  | On Loan: No      |
| PRP Advisors, LLC                                                                                   | PRPM 2025-RCF1 LLC                                                              | CUSIP: 74390RAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    555100 | PA      | $546053.88    | 0.13%             | 2055-02-25      | Variable      | 4.50%                 | Yes           | 2                  | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                                             | Honeywell International Inc                                                     | CUSIP: 438516BL9<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1368716.73   | 0.33%             | 2026-11-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| DLLAA LLC                                                                                           | DLLAA 2025-1 LLC                                                                | CUSIP: 233249AC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    320000 | PA      | $323574.76    | 0.08%             | 2029-09-20      | Fixed         | 4.95%                 | Yes           | 2                  | On Loan: No      |
| NTT FINANCE CORP                                                                                    | NTT Finance Corp                                                                | CUSIP: 62954WAP0<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |    960000 | PA      | $961020.25    | 0.23%             | 2027-07-16      | Fixed         | 4.57%                 | Yes           | 2                  | On Loan: No      |
| COREBRIDGE GLOB FUNDING                                                                             | Corebridge Global Funding                                                       | CUSIP: 00138CBD9<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |    340000 | PA      | $343518.29    | 0.08%             | 2028-01-07      | Fixed         | 4.90%                 | Yes           | 2                  | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                                               | Wells Fargo Commercial Mortgage Trust 2016-C35                                  | CUSIP: 95000FAS5<br>LEI: 549300MZIB10PDVAE312 | Long             | ABS-MBS          | CORP              | US        |    731534 | PA      | $720281.08    | 0.17%             | 2048-07-15      | Fixed         | 2.67%                 | No            | 2                  | On Loan: No      |
| RTX CORP                                                                                            | RTX Corp                                                                        | CUSIP: 75513ECT6<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    540000 | PA      | $548017.90    | 0.13%             | 2026-11-08      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| GOLUB CAPITAL BDC                                                                                   | Golub Capital BDC Inc                                                           | CUSIP: 38173MAC6<br>LEI: 2549005WE0QLGK9APF78 | Long             | DBT              | CORP              | US        |    298000 | PA      | $284289.42    | 0.07%             | 2027-02-15      | Fixed         | 2.05%                 | No            | 2                  | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust                                                       | JPMCC Commercial Mortgage Securities Trust 2017-JP5                             | CUSIP: 46647TAT5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    135211 | PA      | $133681.91    | 0.03%             | 2050-03-15      | Fixed         | 3.55%                 | No            | 2                  | On Loan: No      |
| Voya Financial Inc                                                                                  | Voya Financial Inc                                                              | CUSIP: 929089AF7<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |    208000 | PA      | $198940.92    | 0.05%             | 2048-01-23      | Fixed         | 4.70%                 | No            | 2                  | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                                               | Wells Fargo Commercial Mortgage Trust 2020-C55                                  | CUSIP: 95002EAZ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     55371 | PA      | $53196.47     | 0.01%             | 2053-02-15      | Fixed         | 2.65%                 | No            | 2                  | On Loan: No      |
| Honda Auto Receivables Owner Trust                                                                  | Honda Auto Receivables 2024-2 Owner Trust                                       | CUSIP: 437930AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     70055 | PA      | $70167.99     | 0.02%             | 2026-11-18      | Fixed         | 5.48%                 | No            | 2                  | On Loan: No      |
| ORLANDO HEALTH OBL GRP                                                                              | Orlando Health Obligated Group                                                  | CUSIP: 686514AE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    865000 | PA      | $844866.80    | 0.20%             | 2028-10-01      | Fixed         | 3.78%                 | No            | 2                  | On Loan: No      |
| BROADCOM INC                                                                                        | Broadcom Inc                                                                    | CUSIP: 11135FCA7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    635000 | PA      | $631433.53    | 0.15%             | 2028-02-15      | Fixed         | 4.15%                 | No            | 2                  | On Loan: No      |
| Cross Mortgage Trust                                                                                | Cross 2023-H2 Mortgage Trust                                                    | CUSIP: 22757NAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    203936 | PA      | $206200.31    | 0.05%             | 2068-11-25      | Variable      | 7.14%                 | Yes           | 2                  | On Loan: No      |
| SREIT Trust                                                                                         | SREIT Trust 2021-MFP2                                                           | CUSIP: 85236WCE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $499104.93    | 0.12%             | 2036-11-15      | Floating      | 5.28%                 | Yes           | 2                  | On Loan: No      |
| ICE Futures Europe                                                                                  | LONG GILT FUTURE SEP25                                                          | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DIR              |  | GB        |        44 | NC      | $71909.12     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| ROYAL BANK OF CANADA                                                                                | Royal Bank of Canada                                                            | CUSIP: 78016EZQ3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   1800000 | PA      | $1756394.59   | 0.42%             | 2026-04-27      | Fixed         | 1.20%                 | No            | 2                  | On Loan: No      |
| Hertz Vehicle Financing LLC                                                                         | Hertz Vehicle Financing LLC                                                     | CUSIP: 42806MAN9<br>LEI: 5493004IHDYOZ9K9WF47 | Long             | ABS-O            | CORP              | US        |    890000 | PA      | $853882.84    | 0.20%             | 2028-06-26      | Fixed         | 2.33%                 | Yes           | 2                  | On Loan: No      |
| Fannie Mae                                                                                          | Fannie Mae REMICS                                                               | CUSIP: 3136BTYR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    805719 | PA      | $799672.62    | 0.19%             | 2051-07-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| DISH DBS CORP                                                                                       | DISH DBS Corp                                                                   | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $18811.44     | 0.00%             | 2026-12-01      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| SFS Auto Receivables Securitization Trust                                                           | SFS Auto Receivables Securitization Trust 2024-1                                | CUSIP: 78435VAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    170000 | PA      | $170574.12    | 0.04%             | 2029-05-21      | Fixed         | 4.95%                 | Yes           | 2                  | On Loan: No      |
| SMB Private Education Loan Trust                                                                    | SMB Private Education Loan Trust 2024-A                                         | CUSIP: 831943AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    193776 | PA      | $196380.18    | 0.05%             | 2056-03-15      | Fixed         | 5.24%                 | Yes           | 2                  | On Loan: No      |
| MET TOWER GLOBAL FUNDING                                                                            | Met Tower Global Funding                                                        | CUSIP: 58989V2D5<br>LEI: 635400OFJCY9IOGBGY57 | Long             | DBT              | CORP              | US        |    985000 | PA      | $951092.59    | 0.23%             | 2026-09-14      | Fixed         | 1.25%                 | Yes           | 2                  | On Loan: No      |
| NGPL PipeCo LLC                                                                                     | NGPL PipeCo LLC                                                                 | CUSIP: 62912XAF1<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |    536000 | PA      | $532988.71    | 0.13%             | 2027-08-15      | Fixed         | 4.88%                 | Yes           | 2                  | On Loan: No      |
| Westlake Automobile Receivables Trust                                                               | Westlake Automobile Receivables Trust 2025-P1                                   | CUSIP: 96043LAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    185000 | PA      | $186255.12    | 0.04%             | 2030-04-15      | Fixed         | 4.66%                 | Yes           | 2                  | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                                             | Procter & Gamble Co/The                                                         | CUSIP: 742718FG9<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1762289.24   | 0.42%             | 2027-03-25      | Fixed         | 2.80%                 | No            | 2                  | On Loan: No      |
| Dryden Senior Loan Fund                                                                             | Dryden 86 CLO Ltd                                                               | CUSIP: 26245XAY3<br>LEI: 25490017VKY7XEFZL303 | Long             | ABS-CBDO         | CORP              | KY        |   1040000 | PA      | $1040107.12   | 0.25%             | 2034-07-17      | Floating      | 5.45%                 | Yes           | 2                  | On Loan: No      |
| BAT Capital Corp                                                                                    | BAT Capital Corp                                                                | CUSIP: 05526DBP9<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    526000 | PA      | $527145.75    | 0.13%             | 2027-04-02      | Fixed         | 4.70%                 | No            | 2                  | On Loan: No      |
| HIGHMARK INC                                                                                        | Highmark Inc                                                                    | CUSIP: 431116AD4<br>LEI: 549300B6868ZXXEB2Y57 | Long             | DBT              | CORP              | US        |    520000 | PA      | $506335.22    | 0.12%             | 2026-05-10      | Fixed         | 1.45%                 | Yes           | 2                  | On Loan: No      |
| SONOCO PRODUCTS CO                                                                                  | Sonoco Products Co                                                              | CUSIP: 835495AQ5<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |    775000 | PA      | $773483.25    | 0.19%             | 2026-09-01      | Fixed         | 4.45%                 | No            | 2                  | On Loan: No      |
| UBS AG STAMFORD CT                                                                                  | UBS AG/Stamford CT                                                              | CUSIP: 90261AAD4<br>LEI: 254900R882POXXVAK772 | Long             | DBT              | CORP              | CH        |    815000 | PA      | $819791.32    | 0.20%             | 2028-01-10      | Fixed         | 4.86%                 | No            | 2                  | On Loan: No      |
| YMCA OF GREATER NY                                                                                  | YMCA of Greater New York                                                        | CUSIP: 98425BAU0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    465000 | PA      | $452510.85    | 0.11%             | 2026-08-01      | Fixed         | 2.30%                 | No            | 2                  | On Loan: No      |
| A&D Mortgage Trust                                                                                  | A&D Mortgage Trust 2023-NQM2                                                    | CUSIP: 00002DAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1176152 | PA      | $1174313.10   | 0.28%             | 2068-05-25      | Variable      | 6.13%                 | Yes           | 2                  | On Loan: No      |
| MF1 Multifamily Housing Mortgage Loan Trust                                                         | MF1 2021-FL7 Ltd                                                                | CUSIP: 55284AAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    102669 | PA      | $102542.54    | 0.02%             | 2036-10-16      | Floating      | 5.54%                 | Yes           | 2                  | On Loan: No      |
| GS Mortgage-Backed Securities Trust                                                                 | GS Mortgage-Backed Securities Trust 2025-PJ4                                    | CUSIP: 36271WAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    866778 | PA      | $866280.43    | 0.21%             | 2055-09-25      | Variable      | 5.50%                 | Yes           | 2                  | On Loan: No      |
| ONEOK INC                                                                                           | ONEOK Inc                                                                       | CUSIP: 682680BH5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    140000 | PA      | $141468.26    | 0.03%             | 2026-11-01      | Fixed         | 5.55%                 | No            | 2                  | On Loan: No      |
| BX Trust                                                                                            | BX Trust 2021-ARIA                                                              | CUSIP: 05608RAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    310000 | PA      | $309548.79    | 0.07%             | 2036-10-15      | Floating      | 5.36%                 | Yes           | 2                  | On Loan: No      |
| Rate Mortgage Trust                                                                                 | Rate Mortgage Trust 2024-J1                                                     | CUSIP: 75410PAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     14000 | PA      | $14049.90     | 0.00%             | 2054-07-25      | Variable      | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Woodward Capital Management                                                                         | RCKT Mortgage Trust 2023-CES1                                                   | CUSIP: 74935WAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    219550 | PA      | $220322.14    | 0.05%             | 2043-06-25      | Variable      | 6.52%                 | Yes           | 2                  | On Loan: No      |
| PulteGroup Inc                                                                                      | PulteGroup Inc                                                                  | CUSIP: 745867AX9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    660000 | PA      | $663209.96    | 0.16%             | 2027-01-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Octagon Investment Partners 47, LLC                                                                 | Octagon Investment Partners 47 Ltd                                              | CUSIP: 67576XAU4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    453750 | PA      | $453189.17    | 0.11%             | 2038-01-22      | Floating      | 5.38%                 | Yes           | 2                  | On Loan: No      |
| Fannie Mae                                                                                          | Fannie Mae Pool                                                                 | CUSIP: 3140JCS47<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    237812 | PA      | $239725.40    | 0.06%             | 2055-05-01      | Floating      | 5.30%                 | No            | 2                  | On Loan: No      |
| Voya CLO Ltd                                                                                        | Voya CLO 2018-3 Ltd                                                             | CUSIP: 92917KAQ7<br>LEI: 54930068MLVF3BECCK93 | Long             | ABS-CBDO         | CORP              | KY        |    128266 | PA      | $128497.29    | 0.03%             | 2031-10-15      | Floating      | 5.52%                 | Yes           | 2                  | On Loan: No      |
| LENNOX INTERNATIONAL INC                                                                            | Lennox International Inc                                                        | CUSIP: 526107AG2<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | DBT              | CORP              | US        |    541000 | PA      | $555556.24    | 0.13%             | 2028-09-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| SMB Private Education Loan Trust                                                                    | SMB Private Education Loan Trust 2023-B                                         | CUSIP: 78449HAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    201318 | PA      | $205356.04    | 0.05%             | 2056-10-16      | Floating      | 6.14%                 | Yes           | 2                  | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                                            | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MBN4<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    620000 | PA      | $624741.03    | 0.15%             | 2028-04-01      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| HCA INC                                                                                             | HCA Inc                                                                         | CUSIP: 404119CX5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1115000 | PA      | $1122303.30   | 0.27%             | 2028-03-01      | Floating      | 5.22%                 | No            | 2                  | On Loan: No      |
| JP Morgan Mortgage Trust                                                                            | JP Morgan Mortgage Trust                                                        | CUSIP: 46593VAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    918155 | PA      | $916654.55    | 0.22%             | 2055-11-25      | Variable      | 5.50%                 | Yes           | 2                  | On Loan: No      |
| FISERV INC                                                                                          | Fiserv Inc                                                                      | CUSIP: 337738AU2<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    721000 | PA      | $691625.78    | 0.17%             | 2029-07-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| EQT CORP                                                                                            | EQT Corp                                                                        | CUSIP: 26884LAG4<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    224000 | PA      | $242092.44    | 0.06%             | 2030-02-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Telefonica Emisiones SAU                                                                            | Telefonica Emisiones SA                                                         | CUSIP: 87938WAT0<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |    263000 | PA      | $260974.53    | 0.06%             | 2027-03-08      | Fixed         | 4.10%                 | No            | 2                  | On Loan: No      |
| NESTLE HOLDINGS INC                                                                                 | Nestle Holdings Inc                                                             | CUSIP: 641062BK9<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1507366.70   | 0.36%             | 2026-03-13      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| Merchants Fleet Funding LLC                                                                         | Merchants Fleet Funding LLC                                                     | CUSIP: 588926AF2<br>LEI: 254900Z2OOQUA5IN2X83 | Long             | ABS-O            | CORP              | US        |    263074 | PA      | $264833.19    | 0.06%             | 2037-04-20      | Fixed         | 5.82%                 | Yes           | 2                  | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                                              | Venture Global LNG Inc                                                          | CUSIP: 92332YAC5<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     80000 | PA      | $87227.43     | 0.02%             | 2029-02-01      | Fixed         | 9.50%                 | Yes           | 2                  | On Loan: No      |
| Boca Commercial Mortgage Trust                                                                      | BOCA Commercial Mortgage Trust 2024-BOCA                                        | CUSIP: 096817AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    370000 | PA      | $370879.91    | 0.09%             | 2041-08-15      | Floating      | 6.26%                 | Yes           | 2                  | On Loan: No      |
| United States Treasury                                                                              | U.S. Treasury Notes                                                             | CUSIP: 91282CJN2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15645000 | PA      | $15873563.75  | 3.80%             | 2028-11-30      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| Chevron Corp                                                                                        | Chevron Corp                                                                    | CUSIP: 166764BL3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1781072.80   | 0.43%             | 2026-05-16      | Fixed         | 2.95%                 | No            | 2                  | On Loan: No      |
| BANK OF NOVA SCOTIA                                                                                 | Bank of Nova Scotia/The                                                         | CUSIP: 06418GAL1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   1270000 | PA      | $1268388.07   | 0.30%             | 2028-09-08      | Fixed         | 4.40%                 | No            | 2                  | On Loan: No      |
| AT&T INC                                                                                            | AT&T Inc                                                                        | CUSIP: 00206RJX1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    735000 | PA      | $707743.53    | 0.17%             | 2027-06-01      | Fixed         | 2.30%                 | No            | 2                  | On Loan: No      |
| KEYSIGHT TECHNOLOGIES                                                                               | Keysight Technologies Inc                                                       | CUSIP: 49338LAF0<br>LEI: 549300GLKVIO8YRCYN02 | Long             | DBT              | CORP              | US        |    296000 | PA      | $277366.72    | 0.07%             | 2029-10-30      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| CNH INDUSTRIAL CAP LLC                                                                              | CNH Industrial Capital LLC                                                      | CUSIP: 12592BAM6<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |    765000 | PA      | $742897.70    | 0.18%             | 2026-07-15      | Fixed         | 1.45%                 | No            | 2                  | On Loan: No      |
| AT&T Inc                                                                                            | AT&T Inc                                                                        | CUSIP: 00206RHJ4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1490000 | PA      | $1485356.64   | 0.36%             | 2029-03-01      | Fixed         | 4.35%                 | No            | 2                  | On Loan: No      |
| BANK OF AMERICA CORP                                                                                | Bank of America Corp                                                            | CUSIP: 06051GMN6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1585000 | PA      | $1586106.77   | 0.38%             | 2029-01-24      | Floating      | 5.18%                 | No            | 2                  | On Loan: No      |
| STANDARD CHARTERED PLC                                                                              | Standard Chartered PLC                                                          | CUSIP: 853254CG3<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    801000 | PA      | $778029.44    | 0.19%             | 2028-01-12      | Fixed         | 2.61%                 | Yes           | 2                  | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                                               | Wells Fargo Commercial Mortgage Trust 2019-C52                                  | CUSIP: 95002MAV1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     72386 | PA      | $70237.85     | 0.02%             | 2052-08-15      | Fixed         | 2.83%                 | No            | 2                  | On Loan: No      |
| Northwest Pipeline LLC                                                                              | Northwest Pipeline LLC                                                          | CUSIP: 66775VAB1<br>LEI: 549300FFKMN9OW536A14 | Long             | DBT              | CORP              | US        |    391000 | PA      | $387454.83    | 0.09%             | 2027-04-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Navient Student Loan Trust                                                                          | Navient Private Education Refi Loan Trust 2021-B                                | CUSIP: 63942LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    358597 | PA      | $324697.99    | 0.08%             | 2069-07-15      | Fixed         | 0.94%                 | Yes           | 2                  | On Loan: No      |
| BOEING CO                                                                                           | Boeing Co/The                                                                   | CUSIP: 097023DG7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    415000 | PA      | $409523.86    | 0.10%             | 2026-02-04      | Fixed         | 2.20%                 | No            | 2                  | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                                            | Florida Power & Light Co                                                        | CUSIP: 341081GK7<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    560000 | PA      | $571287.05    | 0.14%             | 2028-04-01      | Fixed         | 5.05%                 | No            | 2                  | On Loan: No      |
| TEVA PHARMACEUTICALS NE                                                                             | Teva Pharmaceutical Finance Netherlands III BV                                  | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    138000 | PA      | $135095.94    | 0.03%             | 2026-10-01      | Fixed         | 3.15%                 | No            | 2                  | On Loan: No      |
| Toyota Auto Loan Extended Note Trust                                                                | Toyota Auto Loan Extended Note Trust 2022-1                                     | CUSIP: 89231EAA1<br>LEI: 549300VJ12IVOF78MZ11 | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $396441.60    | 0.09%             | 2035-04-25      | Fixed         | 3.82%                 | Yes           | 2                  | On Loan: No      |
| OPEN TEXT CORP                                                                                      | Open Text Corp                                                                  | CUSIP: 683715AF3<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    630000 | PA      | $650561.58    | 0.16%             | 2027-12-01      | Fixed         | 6.90%                 | Yes           | 2                  | On Loan: No      |
| BLUE OWL CAPITAL CORP                                                                               | Blue Owl Capital Corp                                                           | CUSIP: 69121KAF1<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |    527000 | PA      | $507687.41    | 0.12%             | 2027-01-15      | Fixed         | 2.63%                 | No            | 2                  | On Loan: No      |
| American Express Credit Account Master Trust                                                        | American Express Credit Account Master Trust                                    | CUSIP: 02582JJV3<br>LEI: 549300Y4SA5G3GIJTP18 | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $499854.24    | 0.12%             | 2027-08-15      | Fixed         | 3.75%                 | No            | 2                  | On Loan: No      |
| AutoNation Finance Trust 2025-1                                                                     | AutoNation Finance Trust 2025-1                                                 | CUSIP: 05330QAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    475000 | PA      | $477079.89    | 0.11%             | 2029-11-13      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| Bank of America Credit Card Trust                                                                   | BA Credit Card Trust                                                            | CUSIP: 05522RDF2<br>LEI: 5493006DQ60M1CRKHH19 | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $200290.88    | 0.05%             | 2028-04-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| STAR 2024-SFR4 Trust                                                                                | STAR 2024-SFR4 Trust                                                            | CUSIP: 85520AAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2206646 | PA      | $2222144.38   | 0.53%             | 2041-10-17      | Floating      | 6.09%                 | Yes           | 2                  | On Loan: No      |
| BANK OF AMERICA CORP                                                                                | Bank of America Corp                                                            | CUSIP: 06051GKJ7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $971431.49    | 0.23%             | 2028-02-04      | Fixed         | 2.55%                 | No            | 2                  | On Loan: No      |
| SYSTEM ENERGY RESOURCES                                                                             | System Energy Resources Inc                                                     | CUSIP: 871911AU7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    581000 | PA      | $601534.82    | 0.14%             | 2028-04-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| United States Treasury                                                                              | U.S. Treasury Notes                                                             | CUSIP: 91282CMN8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1160000 | PA      | $1169606.25   | 0.28%             | 2028-02-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| America Movil SAB de CV                                                                             | America Movil SAB de CV                                                         | CUSIP: 02364WBH7<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |    270000 | PA      | $260566.16    | 0.06%             | 2029-04-22      | Fixed         | 3.63%                 | No            | 2                  | On Loan: No      |
| NRG Energy Inc                                                                                      | NRG Energy Inc                                                                  | CUSIP: 629377CL4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    576000 | PA      | $566423.77    | 0.14%             | 2029-06-15      | Fixed         | 4.45%                 | Yes           | 2                  | On Loan: No      |
| TORONTO DOMINION BK                                                                                 | TORONTO DOMINION BK                                                             | CUSIP: 89115DAT3<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    105000 | PA      | $104983.14    | 0.03%             | 2025-10-07      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| ADANI PORTS AND SPECIAL                                                                             | Adani Ports & Special Economic Zone Ltd                                         | CUSIP: 00652MAG7<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |    359000 | PA      | $348206.56    | 0.08%             | 2027-08-04      | Fixed         | 4.20%                 | Yes           | 2                  | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                                             | Hyundai Capital America                                                         | CUSIP: 44891ADB0<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201869.59    | 0.05%             | 2027-06-24      | Fixed         | 5.28%                 | Yes           | 2                  | On Loan: No      |
| SPECTRA ENERGY PARTNERS                                                                             | Spectra Energy Partners LP                                                      | CUSIP: 84756NAH2<br>LEI: 2HKVXE7U4NF5B6UGSU72 | Long             | DBT              | CORP              | US        |    677000 | PA      | $667194.27    | 0.16%             | 2026-10-15      | Fixed         | 3.38%                 | No            | 2                  | On Loan: No      |
| WELLS FARGO & COMPANY                                                                               | Wells Fargo & Co                                                                | CUSIP: 95000U3L5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1235000 | PA      | $1258995.74   | 0.30%             | 2028-04-22      | Fixed         | 5.71%                 | No            | 2                  | On Loan: No      |
| PACCAR FINANCIAL CORP                                                                               | PACCAR Financial Corp                                                           | CUSIP: 69371RT55<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |    590000 | PA      | $592133.72    | 0.14%             | 2026-11-25      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| FirstEnergy Corp                                                                                    | FirstEnergy Corp                                                                | CUSIP: 337932AH0<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    363000 | PA      | $358542.82    | 0.09%             | 2027-07-15      | Fixed         | 3.90%                 | No            | 2                  | On Loan: No      |
| AMERICAN ELECTRIC POWER                                                                             | American Electric Power Co Inc                                                  | CUSIP: 025537AN1<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    526000 | PA      | $474964.04    | 0.11%             | 2030-03-01      | Fixed         | 2.30%                 | No            | 2                  | On Loan: No      |
| RADIAN GROUP INC                                                                                    | Radian Group Inc                                                                | CUSIP: 750236AW1<br>LEI: 54930005OUP720S5U385 | Long             | DBT              | CORP              | US        |    609000 | PA      | $607725.48    | 0.15%             | 2027-03-15      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| UNITED AIR 2013-1 A PTT                                                                             | United Airlines 2013-1 Class A Pass Through Trust                               | CUSIP: 909319AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    107653 | PA      | $107603.00    | 0.03%             | 2025-08-15      | Fixed         | 4.30%                 | No            | 2                  | On Loan: No      |
| RPM International Inc                                                                               | RPM International Inc                                                           | CUSIP: 749685AV5<br>LEI: 549300TJCKW4BRXPJ474 | Long             | DBT              | CORP              | US        |    672000 | PA      | $663337.86    | 0.16%             | 2027-03-15      | Fixed         | 3.75%                 | No            | 2                  | On Loan: No      |
| GEORGIA-PACIFIC LLC                                                                                 | Georgia-Pacific LLC                                                             | CUSIP: 37331NAN1<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |    170000 | PA      | $165500.38    | 0.04%             | 2026-05-15      | Fixed         | 0.95%                 | Yes           | 2                  | On Loan: No      |
| MIDWEST CONNECTOR CAPIT                                                                             | Midwest Connector Capital Co LLC                                                | CUSIP: 59833CAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    344000 | PA      | $340740.39    | 0.08%             | 2029-04-01      | Fixed         | 4.63%                 | Yes           | 2                  | On Loan: No      |
| SMB Private Education Loan Trust                                                                    | SMB Private Education Loan Trust 2021-B                                         | CUSIP: 78449YAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     55263 | PA      | $51415.17     | 0.01%             | 2051-07-17      | Fixed         | 1.31%                 | Yes           | 2                  | On Loan: No      |
| BERRY GLOBAL INC                                                                                    | Berry Global Inc                                                                | CUSIP: 08576PAF8<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    709000 | PA      | $680105.59    | 0.16%             | 2027-01-15      | Fixed         | 1.65%                 | No            | 2                  | On Loan: No      |
| Hertz Vehicle Financing LLC                                                                         | Hertz Vehicle Financing III LLC                                                 | CUSIP: 42806MCT4<br>LEI: 549300MNOMKDMDFI8J66 | Long             | ABS-O            | CORP              | US        |    845000 | PA      | $844051.26    | 0.20%             | 2029-09-25      | Fixed         | 4.91%                 | Yes           | 2                  | On Loan: No      |
| MONDELEZ INTERNATIONAL                                                                              | Mondelez International Inc                                                      | CUSIP: 609207BF1<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |    750000 | PA      | $747628.88    | 0.18%             | 2028-05-06      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| 7-ELEVEN INC                                                                                        | 7-Eleven Inc                                                                    | CUSIP: 817826AD2<br>LEI: 549300K23JPL0SS3LB18 | Long             | DBT              | CORP              | US        |    760000 | PA      | $704792.05    | 0.17%             | 2028-02-10      | Fixed         | 1.30%                 | Yes           | 2                  | On Loan: No      |
| AIRCASTLE LTD                                                                                       | Aircastle Ltd                                                                   | CUSIP: 00928QAU5<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    731000 | PA      | $697409.15    | 0.17%             | 2028-01-26      | Fixed         | 2.85%                 | Yes           | 2                  | On Loan: No      |
| Nelnet Student Loan Trust                                                                           | Nelnet Student Loan Trust 2021-A                                                | CUSIP: 64035DAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    385000 | PA      | $384561.85    | 0.09%             | 2062-04-20      | Floating      | 5.50%                 | Yes           | 2                  | On Loan: No      |
| Fannie Mae - CAS                                                                                    | Fannie Mae Connecticut Avenue Securities                                        | CUSIP: 20755CAB4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    450000 | PA      | $462980.29    | 0.11%             | 2043-10-25      | Floating      | 6.85%                 | Yes           | 2                  | On Loan: No      |
| EQUINOR ASA                                                                                         | Equinor ASA                                                                     | CUSIP: 29446MAE2<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |    475000 | PA      | $466045.07    | 0.11%             | 2027-04-06      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| MVW Owner Trust                                                                                     | MVW 2021-1W LLC                                                                 | CUSIP: 55389TAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     68919 | PA      | $65891.07     | 0.02%             | 2041-01-22      | Fixed         | 1.14%                 | Yes           | 2                  | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                                            | Occidental Petroleum Corp                                                       | CUSIP: 674599EH4<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   1865000 | PA      | $1874920.94   | 0.45%             | 2027-08-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| SAUDI INTERNATIONAL BOND                                                                            | Saudi Government International Bond                                             | CUSIP: 80413TBJ7<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    610000 | PA      | $619845.77    | 0.15%             | 2028-01-13      | Fixed         | 5.13%                 | Yes           | 2                  | On Loan: No      |
| Boardwalk Pipelines LP                                                                              | Boardwalk Pipelines LP                                                          | CUSIP: 096630AF5<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |    249000 | PA      | $248227.89    | 0.06%             | 2027-07-15      | Fixed         | 4.45%                 | No            | 2                  | On Loan: No      |
| COLUMBIA PIPELINE HOLDCO                                                                            | Columbia Pipelines Holding Co LLC                                               | CUSIP: 19828AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    565000 | PA      | $587390.32    | 0.14%             | 2028-08-15      | Fixed         | 6.04%                 | Yes           | 2                  | On Loan: No      |
| Osaka Exchange                                                                                      | JPN 10Y BOND(OSE) SEP25                                                         | CUSIP: 000000000<br>LEI: 3538001249AILNPRUX57 | N/A              | DIR              |  | JP        |        -8 | NC      | $28381.96     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| United States Treasury                                                                              | U.S. Treasury Notes                                                             | CUSIP: 91282CFH9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    475000 | PA      | $467392.58    | 0.11%             | 2027-08-31      | Fixed         | 3.13%                 | No            | 2                  | On Loan: No      |
| Battalion CLO LTD                                                                                   | Battalion CLO IX Ltd                                                            | CUSIP: 07132EAS4<br>LEI: 549300JMWGEYZEC6GK98 | Long             | ABS-CBDO         | CORP              | KY        |   1120000 | PA      | $1120122.08   | 0.27%             | 2031-07-15      | Floating      | 0.00%                 | Yes           | 2                  | On Loan: No      |
| CONTINENTAL RESOURCES                                                                               | Continental Resources Inc/OK                                                    | CUSIP: 212015AU5<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |    190000 | PA      | $183982.24    | 0.04%             | 2026-11-15      | Fixed         | 2.27%                 | Yes           | 2                  | On Loan: No      |
| INRETAIL CONSUMER                                                                                   | InRetail Consumer                                                               | CUSIP: 45790TAB1<br>LEI: 254900BI1YXHZ31NSP51 | Long             | DBT              | CORP              | PE        |    513000 | PA      | $490260.03    | 0.12%             | 2028-03-22      | Fixed         | 3.25%                 | Yes           | 2                  | On Loan: No      |
| United States Treasury                                                                              | U.S. Treasury Notes                                                             | CUSIP: 91282CAU5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1025000 | PA      | $950287.11    | 0.23%             | 2027-10-31      | Fixed         | 0.50%                 | No            | 2                  | On Loan: No      |
| MASTEC INC                                                                                          | MasTec Inc                                                                      | CUSIP: 576323AP4<br>LEI: 549300TMDIT8WREDOF45 | Long             | DBT              | CORP              | US        |    550000 | PA      | $544050.09    | 0.13%             | 2028-08-15      | Fixed         | 4.50%                 | Yes           | 2                  | On Loan: No      |
| DEUTSCHE BANK NY                                                                                    | Deutsche Bank AG/New York NY                                                    | CUSIP: 25160PAH0<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    777000 | PA      | $753707.84    | 0.18%             | 2028-01-07      | Fixed         | 2.55%                 | No            | 2                  | On Loan: No      |
| Verizon Master Trust                                                                                | Verizon Master Trust                                                            | CUSIP: 92348KDT7<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |    315000 | PA      | $317268.12    | 0.08%             | 2031-01-21      | Fixed         | 4.94%                 | No            | 2                  | On Loan: No      |
| Towd Point Mortgage Trust                                                                           | Towd Point Mortgage Trust 2021-SJ1                                              | CUSIP: 89180FCD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    255159 | PA      | $244860.12    | 0.06%             | 2068-07-25      | Variable      | 2.25%                 | Yes           | 2                  | On Loan: No      |
| ZIONS BANCORP NA                                                                                    | Zions Bancorp NA                                                                | CUSIP: 98971DAB6<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | DBT              | CORP              | US        |    725000 | PA      | $666494.49    | 0.16%             | 2029-10-29      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| STATE OF ISRAEL                                                                                     | Israel Government International Bond                                            | CUSIP: 46514BRN9<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    200000 | PA      | $203443.53    | 0.05%             | 2029-03-12      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| HUNTSMAN INTERNATIONAL L                                                                            | Huntsman International LLC                                                      | CUSIP: 44701QBE1<br>LEI: 3YTEJFW18LGIUQ2N5J61 | Long             | DBT              | CORP              | US        |    746000 | PA      | $709244.56    | 0.17%             | 2029-05-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| DUKE ENERGY CORP                                                                                    | Duke Energy Corp                                                                | CUSIP: 26441CBP9<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    562000 | PA      | $538376.11    | 0.13%             | 2082-01-15      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| DEVON ENERGY CORPORATION                                                                            | Devon Energy Corp                                                               | CUSIP: 25179MBD4<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250513.01    | 0.06%             | 2027-10-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| QAZAQGAZ NC JSC                                                                                     | QazaqGaz NC JSC                                                                 | CUSIP: 48668NAA9<br>LEI: 635400YGLXBBSVHONW39 | Long             | DBT              | CORP              | KZ        |    440000 | PA      | $432402.92    | 0.10%             | 2027-09-26      | Fixed         | 4.38%                 | Yes           | 2                  | On Loan: No      |
| MERCEDES-BENZ AUTO RECEIVABLES TRUST                                                                | Mercedes-Benz Auto Receivables Trust 2025-1                                     | CUSIP: 58773DAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1064262 | PA      | $1064313.76   | 0.25%             | 2028-02-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Dryden Senior Loan Fund                                                                             | Dryden 80 CLO Ltd                                                               | CUSIP: 26245JAS7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    270000 | PA      | $270194.13    | 0.06%             | 2033-01-17      | Floating      | 6.07%                 | Yes           | 2                  | On Loan: No      |
| Sixth Street CLO LTD.                                                                               | Sixth Street CLO XIV Ltd                                                        | CUSIP: 83013NAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    364000 | PA      | $363993.78    | 0.09%             | 2038-01-20      | Floating      | 5.28%                 | Yes           | 2                  | On Loan: No      |
| ALPHABET INC                                                                                        | Alphabet Inc                                                                    | CUSIP: 02079KAJ6<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1594446.59   | 0.38%             | 2027-08-15      | Fixed         | 0.80%                 | No            | 2                  | On Loan: No      |
| Rate Mortgage Trust                                                                                 | Rate Mortgage Trust 2024-J4                                                     | CUSIP: 75408TAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2837633 | PA      | $2834777.42   | 0.68%             | 2054-12-25      | Variable      | 5.50%                 | Yes           | 2                  | On Loan: No      |
| CONSTELLATION BRANDS INC                                                                            | Constellation Brands Inc                                                        | CUSIP: 21036PBK3<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    337000 | PA      | $335954.50    | 0.08%             | 2027-05-09      | Fixed         | 4.35%                 | No            | 2                  | On Loan: No      |
| Eurex Deutschland                                                                                   | EURO-BUND FUTURE SEP25                                                          | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |       -44 | NC      | $65159.26     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| JDE PEET'S NV                                                                                       | JDE Peet's NV                                                                   | CUSIP: 47216QAB9<br>LEI: 724500EHG519SE5ZRT89 | Long             | DBT              | CORP              | NL        |    722000 | PA      | $686530.98    | 0.16%             | 2027-01-15      | Fixed         | 1.38%                 | Yes           | 2                  | On Loan: No      |
| Fannie Mae - CAS                                                                                    | Fannie Mae Connecticut Avenue Securities                                        | CUSIP: 20754AAB9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    185000 | PA      | $186079.65    | 0.04%             | 2041-12-25      | Floating      | 6.00%                 | Yes           | 2                  | On Loan: No      |
| ALTRIA GROUP INC                                                                                    | Altria Group Inc                                                                | CUSIP: 02209SBS1<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    535000 | PA      | $539872.61    | 0.13%             | 2028-02-04      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| ARES CAPITAL CORP                                                                                   | Ares Capital Corp                                                               | CUSIP: 04010LBE2<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    506000 | PA      | $521023.90    | 0.12%             | 2027-01-15      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Woodward Capital Management                                                                         | RCKT Mortgage Trust 2025-CES1                                                   | CUSIP: 749427AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    867193 | PA      | $869235.11    | 0.21%             | 2045-01-25      | Variable      | 5.65%                 | Yes           | 2                  | On Loan: No      |
| United States Treasury                                                                              | U.S. Treasury Notes                                                             | CUSIP: 91282CEF4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1090000 | PA      | $1063857.04   | 0.25%             | 2027-03-31      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| HOME DEPOT INC                                                                                      | Home Depot Inc/The                                                              | CUSIP: 437076DB5<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    745000 | PA      | $754013.77    | 0.18%             | 2027-06-25      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| GEORGIA-PACIFIC LLC                                                                                 | Georgia-Pacific LLC                                                             | CUSIP: 37331NAR2<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |    785000 | PA      | $786485.09    | 0.19%             | 2028-06-30      | Fixed         | 4.40%                 | Yes           | 2                  | On Loan: No      |
| MUTUAL OF OMAHA GLOBAL                                                                              | Mutual of Omaha Cos Global Funding                                              | CUSIP: 62829D2G4<br>LEI: 635400AL5J3F1ZPTAN95 | Long             | DBT              | CORP              | US        |    780000 | PA      | $779456.07    | 0.19%             | 2028-06-09      | Fixed         | 4.51%                 | Yes           | 2                  | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                                             | Royal Caribbean Cruises Ltd                                                     | CUSIP: 780153BK7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    699000 | PA      | $702241.43    | 0.17%             | 2027-07-15      | Fixed         | 5.38%                 | Yes           | 2                  | On Loan: No      |
| GEORGIA POWER CO                                                                                    | Georgia Power Co                                                                | CUSIP: 373334KV2<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    210000 | PA      | $212110.28    | 0.05%             | 2027-02-23      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                                            | Occidental Petroleum Corp                                                       | CUSIP: 674599CM5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     60000 | PA      | $58369.81     | 0.01%             | 2027-02-15      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                                                 | Citigroup Commercial Mortgage Trust 2019-GC41                                   | CUSIP: 17328FAX3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    123445 | PA      | $119147.96    | 0.03%             | 2056-08-10      | Fixed         | 2.72%                 | No            | 2                  | On Loan: No      |
| ORACLE CORP                                                                                         | Oracle Corp                                                                     | CUSIP: 68389XCC7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    170000 | PA      | $166677.22    | 0.04%             | 2026-03-25      | Fixed         | 1.65%                 | No            | 2                  | On Loan: No      |
| AMSR Trust                                                                                          | AMSR 2020-SFR5 Trust                                                            | CUSIP: 03217JAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    725000 | PA      | $717986.09    | 0.17%             | 2037-11-17      | Fixed         | 1.88%                 | Yes           | 2                  | On Loan: No      |
| BANCO SANTANDER SA                                                                                  | Banco Santander SA                                                              | CUSIP: 05964HAQ8<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    400000 | PA      | $397087.26    | 0.10%             | 2028-03-24      | Fixed         | 4.18%                 | No            | 2                  | On Loan: No      |
| CARGILL INC                                                                                         | Cargill Inc                                                                     | CUSIP: 141781BY9<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1300283.10   | 0.31%             | 2025-10-10      | Fixed         | 4.88%                 | Yes           | 2                  | On Loan: No      |
| LKQ CORP                                                                                            | LKQ Corp                                                                        | CUSIP: 501889AD1<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | DBT              | CORP              | US        |    566000 | PA      | $579348.42    | 0.14%             | 2028-06-15      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| DANSKE BANK A/S                                                                                     | Danske Bank A/S                                                                 | CUSIP: 23636ABB6<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |    706000 | PA      | $682726.91    | 0.16%             | 2027-09-10      | Fixed         | 1.55%                 | Yes           | 2                  | On Loan: No      |
| BIMBO BAKERIES USA INC                                                                              | Bimbo Bakeries USA Inc                                                          | CUSIP: 09031WAC7<br>LEI: 549300HOXXHHT7926W92 | Long             | DBT              | CORP              | US        |    658000 | PA      | $683949.93    | 0.16%             | 2029-01-15      | Fixed         | 6.05%                 | Yes           | 2                  | On Loan: No      |
| CDW LLC/CDW FINANCE                                                                                 | CDW LLC / CDW Finance Corp                                                      | CUSIP: 12513GBF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    314000 | PA      | $297758.33    | 0.07%             | 2029-02-15      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| United States Treasury                                                                              | U.S. Treasury Bills                                                             | CUSIP: 912797MH7<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |    400000 | PA      | $398386.06    | 0.10%             | 2025-09-04      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                                                                          | Fannie Mae REMICS                                                               | CUSIP: 3136BUB58<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1720237 | PA      | $1726238.76   | 0.41%             | 2055-02-25      | Floating      | 5.85%                 | No            | 2                  | On Loan: No      |
| VICI PROPERTIES / NOTE                                                                              | VICI Properties LP / VICI Note Co Inc                                           | CUSIP: 92564RAL9<br>LEI: N/A                  | Long             | DBT              |  | US        |    284000 | PA      | $274864.28    | 0.07%             | 2029-02-15      | Fixed         | 3.88%                 | Yes           | 2                  | On Loan: No      |
| NextGear Floorplan Master Owner Trust                                                               | NextGear Floorplan Master Owner Trust                                           | CUSIP: 65341KCC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    856000 | PA      | $854727.58    | 0.20%             | 2029-09-15      | Fixed         | 4.42%                 | Yes           | 2                  | On Loan: No      |
| CSAIL Commercial Mortgage Trust                                                                     | CSAIL 2020-C19 Commercial Mortgage Trust                                        | CUSIP: 12597NAQ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     17490 | PA      | $16973.67     | 0.00%             | 2053-03-15      | Fixed         | 1.30%                 | No            | 2                  | On Loan: No      |
| COTERRA ENERGY INC                                                                                  | Coterra Energy Inc                                                              | CUSIP: 127097AG8<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | DBT              | CORP              | US        |    563000 | PA      | $556130.43    | 0.13%             | 2027-05-15      | Fixed         | 3.90%                 | No            | 2                  | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                                                 | Sherwin-Williams Co/The                                                         | CUSIP: 824348BJ4<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |    644000 | PA      | $606783.35    | 0.15%             | 2029-08-15      | Fixed         | 2.95%                 | No            | 2                  | On Loan: No      |
| HASBRO INC                                                                                          | Hasbro Inc                                                                      | CUSIP: 418056AZ0<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |    440000 | PA      | $424106.56    | 0.10%             | 2029-11-19      | Fixed         | 3.90%                 | No            | 2                  | On Loan: No      |
| Towd Point Mortgage Trust                                                                           | Towd Point Mortgage Trust 2019-4                                                | CUSIP: 89178BAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    164176 | PA      | $157661.25    | 0.04%             | 2059-10-25      | Variable      | 2.90%                 | Yes           | 2                  | On Loan: No      |
| BAT CAPITAL CORP                                                                                    | BAT Capital Corp                                                                | CUSIP: 05526DBJ3<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246572.56    | 0.06%             | 2026-09-06      | Fixed         | 3.22%                 | No            | 2                  | On Loan: No      |
| BANCO INBURSA                                                                                       | Banco Inbursa SA Institucion De Banca Multiple Grupo Financiero Inbursa         | CUSIP: 05969LAB7<br>LEI: 9598007PWYZP4GP23S45 | Long             | DBT              | CORP              | MX        |    634000 | PA      | $629534.07    | 0.15%             | 2027-04-11      | Fixed         | 4.38%                 | Yes           | 2                  | On Loan: No      |
| BAT CAPITAL CORP                                                                                    | BAT Capital Corp                                                                | CUSIP: 05526DBH7<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    670000 | PA      | $642968.74    | 0.15%             | 2029-09-06      | Fixed         | 3.46%                 | No            | 2                  | On Loan: No      |
| MORGAN STANLEY DIRECT                                                                               | Morgan Stanley Direct Lending Fund                                              | CUSIP: 61774AAD5<br>LEI: 549300QEX22T2J8IB029 | Long             | DBT              | CORP              | US        |    608000 | PA      | $603380.95    | 0.14%             | 2027-02-11      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| State Street Bank & Trust Co.                                                                       | PURCHASED USD / SOLD JPY                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $14280.50     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| BRAVO Residential Funding Trust                                                                     | BRAVO Residential Funding Trust 2025-NQM4                                       | CUSIP: 10570QAE1<br>LEI: 25490082TY9NA9XBGW19 | Long             | ABS-MBS          | CORP              | US        |   1006945 | PA      | $1008615.43   | 0.24%             | 2065-02-25      | Variable      | 5.61%                 | Yes           | 2                  | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                                              | Pacific Gas and Electric Co                                                     | CUSIP: 694308JW8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    656000 | PA      | $623410.63    | 0.15%             | 2028-06-15      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| CHEVRON USA INC                                                                                     | Chevron USA Inc                                                                 | CUSIP: 166756BB1<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |   1270000 | PA      | $1279623.84   | 0.31%             | 2028-02-26      | Fixed         | 4.48%                 | No            | 2                  | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                                              | NextEra Energy Capital Holdings Inc                                             | CUSIP: 65339KAV2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    265000 | PA      | $254851.03    | 0.06%             | 2077-12-01      | Fixed         | 4.80%                 | No            | 2                  | On Loan: No      |
| M&T BANK CORPORATION                                                                                | M&T Bank Corp                                                                   | CUSIP: 55261FAU8<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |    820000 | PA      | $824817.25    | 0.20%             | 2029-01-16      | Fixed         | 4.83%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                                                         | Freddie Mac REMICS                                                              | CUSIP: 3137HHJZ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    953161 | PA      | $945872.61    | 0.23%             | 2052-01-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| JPMORGAN CHASE & CO                                                                                 | JPMorgan Chase & Co                                                             | CUSIP: 46647PCW4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    745000 | PA      | $727688.39    | 0.17%             | 2028-02-24      | Fixed         | 2.95%                 | No            | 2                  | On Loan: No      |
| SEMPRA                                                                                              | Sempra                                                                          | CUSIP: 816851BA6<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    420000 | PA      | $410070.68    | 0.10%             | 2027-06-15      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Woodward Capital Management                                                                         | RCKT Mortgage Trust 2025-CES7                                                   | CUSIP: 74943AAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $149903.65    | 0.04%             | 2055-07-25      | Variable      | 5.48%                 | Yes           | 2                  | On Loan: No      |
| PROSUS NV                                                                                           | Prosus NV                                                                       | CUSIP: 74365PAG3<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    647000 | PA      | $632550.10    | 0.15%             | 2027-01-19      | Fixed         | 3.26%                 | Yes           | 2                  | On Loan: No      |
| COLUMBIA PIPELINE HOLDCO                                                                            | Columbia Pipelines Holding Co LLC                                               | CUSIP: 19828AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    210000 | PA      | $212289.36    | 0.05%             | 2026-08-15      | Fixed         | 6.06%                 | Yes           | 2                  | On Loan: No      |
| Citigroup Inc                                                                                       | Citigroup Inc                                                                   | CUSIP: 172967ME8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    695000 | PA      | $680175.39    | 0.16%             | 2030-03-20      | Fixed         | 3.98%                 | No            | 2                  | On Loan: No      |
| CELULOSA ARAUCO CONSTITU                                                                            | Celulosa Arauco y Constitucion SA                                               | CUSIP: 151191BE2<br>LEI: 549300QEKV8G0AMNQD28 | Long             | DBT              | CORP              | CL        |    314000 | PA      | $303562.94    | 0.07%             | 2029-04-30      | Fixed         | 4.25%                 | Yes           | 2                  | On Loan: No      |
| Bank                                                                                                | BANK 2019-BNK24                                                                 | CUSIP: 06540VBA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    126292 | PA      | $122453.31    | 0.03%             | 2062-11-15      | Fixed         | 2.93%                 | No            | 2                  | On Loan: No      |
| AEP Texas Inc                                                                                       | AEP Texas Inc                                                                   | CUSIP: 00108WAH3<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |    603000 | PA      | $593699.14    | 0.14%             | 2028-06-01      | Fixed         | 3.95%                 | No            | 2                  | On Loan: No      |
| FRESB Multifamily Mortgage Pass-Through Certifica                                                   | FRESB 2018-SB54 Mortgage Trust                                                  | CUSIP: 30297JAE7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     18525 | PA      | $18164.60     | 0.00%             | 2028-05-25      | Variable      | 3.52%                 | No            | 2                  | On Loan: No      |
| Morgan Stanley BAML Trust                                                                           | Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32                     | CUSIP: 61691GAQ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     93072 | PA      | $92199.18     | 0.02%             | 2049-12-15      | Fixed         | 3.51%                 | No            | 2                  | On Loan: No      |
| LAS VEGAS SANDS CORP                                                                                | Las Vegas Sands Corp                                                            | CUSIP: 517834AJ6<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    275000 | PA      | $279577.00    | 0.07%             | 2027-06-01      | Fixed         | 5.90%                 | No            | 2                  | On Loan: No      |
| Nissan Master Owner Trust Receivables                                                               | Nissan Master Owner Trust Receivables                                           | CUSIP: 65479VAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    235000 | PA      | $236743.22    | 0.06%             | 2029-02-15      | Fixed         | 5.05%                 | Yes           | 2                  | On Loan: No      |
| BNP PARIBAS                                                                                         | BNP Paribas SA                                                                  | CUSIP: 09659W2R4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    850000 | PA      | $787851.53    | 0.19%             | 2029-09-15      | Fixed         | 2.16%                 | Yes           | 2                  | On Loan: No      |
| United States Treasury                                                                              | U.S. Treasury Notes                                                             | CUSIP: 91282CEW7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1560000 | PA      | $1540012.50   | 0.37%             | 2027-06-30      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Zais CLO 13, Limited                                                                                | Zais Clo 13 Ltd                                                                 | CUSIP: 98876NAW4<br>LEI: 549300GODB02F7ODZK39 | Long             | ABS-CBDO         | CORP              | KY        |     88592 | PA      | $88612.38     | 0.02%             | 2032-07-15      | Floating      | 5.62%                 | Yes           | 2                  | On Loan: No      |
| State Street Bank & Trust Co.                                                                       | PURCHASED EUR / SOLD USD                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | XX        |         1 | NC      | $-3.30        | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Progress Residential Trust                                                                          | Progress Residential 2022-SFR2 Trust                                            | CUSIP: 74332VAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    530769 | PA      | $514953.26    | 0.12%             | 2027-04-17      | Fixed         | 2.95%                 | Yes           | 2                  | On Loan: No      |
| Redevelopment Authority of the City of Philadelphia                                                 | PHILADELPHIA PA REDEV AUTH                                                      | CUSIP: 717868JU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $468547.14    | 0.11%             | 2027-09-01      | Fixed         | 4.52%                 | No            | 2                  | On Loan: No      |
| Honda Auto Receivables Owner Trust                                                                  | Honda Auto Receivables 2024-1 Owner Trust                                       | CUSIP: 437918AB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     78023 | PA      | $78065.39     | 0.02%             | 2026-09-15      | Fixed         | 5.36%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                                                         | Freddie Mac REMICS                                                              | CUSIP: 3137HMKL3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1300000 | PA      | $1288621.84   | 0.31%             | 2052-11-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Progress Residential Trust                                                                          | Progress Residential 2021-SFR5 Trust                                            | CUSIP: 74333FAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    176750 | PA      | $172521.00    | 0.04%             | 2038-07-17      | Fixed         | 1.43%                 | Yes           | 2                  | On Loan: No      |
| Cedar Funding Ltd                                                                                   | Cedar Funding XII CLO Ltd                                                       | CUSIP: 15033TBA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    375000 | PA      | $375622.13    | 0.09%             | 2038-01-25      | Floating      | 5.52%                 | Yes           | 2                  | On Loan: No      |
| TOLL BROS FINANCE CORP                                                                              | Toll Brothers Finance Corp                                                      | CUSIP: 88947EAS9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    737000 | PA      | $738600.99    | 0.18%             | 2027-03-15      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| Apidos CLO Ltd                                                                                      | Apidos CLO XII                                                                  | CUSIP: 03764DAM3<br>LEI: 549300M5NMLBQJXUO195 | Long             | ABS-CBDO         | CORP              | KY        |     92737 | PA      | $92798.21     | 0.02%             | 2031-04-15      | Floating      | 5.40%                 | Yes           | 2                  | On Loan: No      |
| AMERICAN AIRLINES INC                                                                               | American Airlines Inc                                                           | CUSIP: 023771T40<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |     90000 | PA      | $94051.42     | 0.02%             | 2029-05-15      | Fixed         | 8.50%                 | Yes           | 2                  | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                                            | Lloyds Banking Group PLC                                                        | CUSIP: 53944YAZ6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    700000 | PA      | $707620.58    | 0.17%             | 2028-01-05      | Fixed         | 5.46%                 | No            | 2                  | On Loan: No      |
| United States Treasury                                                                              | U.S. Treasury Bills                                                             | CUSIP: 912797QJ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |    215000 | PA      | $214718.82    | 0.05%             | 2025-08-12      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Verizon Master Trust                                                                                | Verizon Master Trust                                                            | CUSIP: 92348KDE0<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   1190000 | PA      | $1187185.61   | 0.28%             | 2030-08-20      | Fixed         | 4.17%                 | No            | 2                  | On Loan: No      |
| BENCHMARK Mortgage Trust                                                                            | Benchmark 2019-B15 Mortgage Trust                                               | CUSIP: 08160KAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    129973 | PA      | $125845.49    | 0.03%             | 2072-12-15      | Fixed         | 2.86%                 | No            | 2                  | On Loan: No      |
| Goodgreen Trust                                                                                     | Goodgreen 2021-1 Trust                                                          | CUSIP: 38217UAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    137539 | PA      | $110521.25    | 0.03%             | 2056-10-15      | Fixed         | 2.66%                 | Yes           | 2                  | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                                            | Caterpillar Financial Services Corp                                             | CUSIP: 14913R3B1<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |   1765000 | PA      | $1766439.20   | 0.42%             | 2026-01-06      | Fixed         | 4.80%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                                                                         | Freddie Mac REMICS                                                              | CUSIP: 3137HJ4X2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2629502 | PA      | $2609494.74   | 0.62%             | 2052-04-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac - STACR                                                                                 | Freddie Mac STACR REMIC Trust 2022-DNA2                                         | CUSIP: 35564KRE1<br>LEI: 5493000ISA3AUOXQEF68 | Long             | ABS-MBS          | USGSE             | US        |     18803 | PA      | $18835.51     | 0.00%             | 2042-02-25      | Floating      | 5.65%                 | Yes           | 2                  | On Loan: No      |
| Fannie Mae                                                                                          | Fannie Mae REMICS                                                               | CUSIP: 3136BSRA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    614821 | PA      | $610570.30    | 0.15%             | 2052-06-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| United States Treasury                                                                              | U.S. Treasury Notes                                                             | CUSIP: 91282CHE4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3080000 | PA      | $3058103.14   | 0.73%             | 2028-05-31      | Fixed         | 3.63%                 | No            | 2                  | On Loan: No      |
| Verizon Master Trust                                                                                | Verizon Master Trust                                                            | CUSIP: 92348KDG5<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |    470000 | PA      | $468093.45    | 0.11%             | 2030-08-20      | Fixed         | 4.42%                 | No            | 2                  | On Loan: No      |
| Microsoft Corp                                                                                      | Microsoft Corp                                                                  | CUSIP: 594918BJ2<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |   1835000 | PA      | $1828676.09   | 0.44%             | 2025-11-03      | Fixed         | 3.13%                 | No            | 2                  | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                                            | Marsh & McLennan Cos Inc                                                        | CUSIP: 571748BY7<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    610000 | PA      | $613613.69    | 0.15%             | 2027-11-08      | Fixed         | 4.55%                 | No            | 2                  | On Loan: No      |
| Woodward Capital Management                                                                         | RCKT Mortgage Trust 2024-CES8                                                   | CUSIP: 749421AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    850967 | PA      | $850044.38    | 0.20%             | 2044-11-25      | Variable      | 5.49%                 | Yes           | 2                  | On Loan: No      |
| DBS Bank Ltd                                                                                        | DBS Bank Ltd                                                                    | CUSIP: 23305DW50<br>LEI: ATUEL7OJR5057F2PV266 | Long             | STIV             | CORP              | SG        |     75000 | PA      | $74680.63     | 0.02%             | 2025-09-05      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Nissan Auto Lease Trust                                                                             | Nissan Auto Lease Trust 2025-A                                                  | CUSIP: 65479XAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    265000 | PA      | $266804.99    | 0.06%             | 2029-06-15      | Fixed         | 5.11%                 | No            | 2                  | On Loan: No      |
| United States Treasury                                                                              | U.S. Treasury Notes                                                             | CUSIP: 91282CBZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    225000 | PA      | $209654.30    | 0.05%             | 2028-04-30      | Fixed         | 1.25%                 | No            | 2                  | On Loan: No      |
| TRANSDIGM INC                                                                                       | TransDigm Inc                                                                   | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     90000 | PA      | $92127.42     | 0.02%             | 2029-03-01      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| Intercontinental Exchange, Inc.                                                                     | CCPCDX--2I65BRAD4-20300620                                                      | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |   5635000 | OU      | $405500.24    | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| STATE STREET CORP                                                                                   | State Street Corp                                                               | CUSIP: 857477CL5<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |   1925000 | PA      | $1946866.69   | 0.47%             | 2027-03-18      | Fixed         | 4.99%                 | No            | 2                  | On Loan: No      |
| USB Auto Owner Trust                                                                                | USB Auto Owner Trust 2025-1                                                     | CUSIP: 90367VAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    205000 | PA      | $206470.62    | 0.05%             | 2030-12-16      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| Sequoia Mortgage Trust                                                                              | Sequoia Mortgage Trust 2024-INV1                                                | CUSIP: 816939AF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2212989 | PA      | $2207618.27   | 0.53%             | 2054-10-25      | Variable      | 5.50%                 | Yes           | 2                  | On Loan: No      |
| Smithfield Foods Inc                                                                                | Smithfield Foods Inc                                                            | CUSIP: 832248AZ1<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |    752000 | PA      | $743061.00    | 0.18%             | 2027-02-01      | Fixed         | 4.25%                 | Yes           | 2                  | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                                                            | Vistra Operations Co LLC                                                        | CUSIP: 92840VAG7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    684000 | PA      | $674505.68    | 0.16%             | 2027-01-30      | Fixed         | 3.70%                 | Yes           | 2                  | On Loan: No      |
| CITIGROUP INC                                                                                       | Citigroup Inc                                                                   | CUSIP: 172967PZ8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1120000 | PA      | $1121055.75   | 0.27%             | 2028-05-07      | Fixed         | 4.64%                 | No            | 2                  | On Loan: No      |
| Citigroup Inc                                                                                       | Citigroup Inc                                                                   | CUSIP: 172967LW9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    770000 | PA      | $760771.96    | 0.18%             | 2029-04-23      | Fixed         | 4.08%                 | No            | 2                  | On Loan: No      |
| PLAINS ALL AMER PIPELINE                                                                            | Plains All American Pipeline LP / PAA Finance Corp                              | CUSIP: 72650RBM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    280000 | PA      | $267108.07    | 0.06%             | 2029-12-15      | Fixed         | 3.55%                 | No            | 2                  | On Loan: No      |
| FRESB Multifamily Mortgage Pass-Through Certifica                                                   | FRESB 2018-SB53 Mortgage Trust                                                  | CUSIP: 30297DAJ9<br>LEI: 549300P6Y1UBYR0WQ049 | Long             | ABS-MBS          | USGSE             | US        |    223803 | PA      | $219714.68    | 0.05%             | 2028-06-25      | Variable      | 3.61%                 | No            | 2                  | On Loan: No      |
| CENTENE CORP                                                                                        | Centene Corp                                                                    | CUSIP: 15135BAY7<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    730000 | PA      | $666042.16    | 0.16%             | 2028-07-15      | Fixed         | 2.45%                 | No            | 2                  | On Loan: No      |
| MARS INC                                                                                            | Mars Inc                                                                        | CUSIP: 571676AX3<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    745000 | PA      | $749124.89    | 0.18%             | 2028-03-01      | Fixed         | 4.60%                 | Yes           | 2                  | On Loan: No      |
| NTT FINANCE CORP                                                                                    | NTT Finance Corp                                                                | CUSIP: 62954WAK1<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |    315000 | PA      | $314180.69    | 0.08%             | 2027-07-27      | Fixed         | 4.37%                 | Yes           | 2                  | On Loan: No      |
| IMPERIAL BRANDS FIN PLC                                                                             | Imperial Brands Finance PLC                                                     | CUSIP: 45262BAC7<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    341000 | PA      | $330030.14    | 0.08%             | 2029-07-26      | Fixed         | 3.88%                 | Yes           | 2                  | On Loan: No      |
| BARCLAYS PLC                                                                                        | Barclays PLC                                                                    | CUSIP: 06738EBK0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    670000 | PA      | $671996.96    | 0.16%             | 2030-06-20      | Fixed         | 5.09%                 | No            | 2                  | On Loan: No      |
| DELTA AIR LINES/SKYMILES                                                                            | Delta Air Lines Inc / SkyMiles IP Ltd                                           | CUSIP: 830867AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   1663000 | PA      | $1664841.62   | 0.40%             | 2028-10-20      | Fixed         | 4.75%                 | Yes           | 2                  | On Loan: No      |
| TELUS Corp                                                                                          | TELUS Corp                                                                      | CUSIP: 87971MBD4<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | DBT              | CORP              | CA        |    698000 | PA      | $680214.30    | 0.16%             | 2027-02-16      | Fixed         | 2.80%                 | No            | 2                  | On Loan: No      |
| AMERICAN HONDA FINANCE                                                                              | American Honda Finance Corp                                                     | CUSIP: 02665WEY3<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1301683.94   | 0.31%             | 2026-01-09      | Fixed         | 4.95%                 | No            | 2                  | On Loan: No      |
| NCL CORPORATION LTD                                                                                 | NCL Corp Ltd                                                                    | CUSIP: 62886HBN0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     30000 | PA      | $31537.70     | 0.01%             | 2029-01-15      | Fixed         | 8.13%                 | Yes           | 2                  | On Loan: No      |
| Ford Credit Floorplan Master Owner Trust                                                            | Ford Credit Floorplan Master Owner Trust A                                      | CUSIP: 34528QJA3<br>LEI: 5493001DTG5N7T8BG747 | Long             | ABS-O            | CORP              | US        |    450000 | PA      | $456237.14    | 0.11%             | 2029-04-15      | Fixed         | 5.29%                 | Yes           | 2                  | On Loan: No      |
| NEWS CORP                                                                                           | News Corp                                                                       | CUSIP: 65249BAA7<br>LEI: 549300ITS31QK8VRBQ14 | Long             | DBT              | CORP              | US        |    357000 | PA      | $341208.41    | 0.08%             | 2029-05-15      | Fixed         | 3.88%                 | Yes           | 2                  | On Loan: No      |
| Carval CLO LTD                                                                                      | CarVal CLO XI C Ltd                                                             | CUSIP: 14688RAA8<br>LEI: 254900BDRF474L9PWM54 | Long             | ABS-CBDO         | CORP              | KY        |    180000 | PA      | $180408.06    | 0.04%             | 2037-10-20      | Floating      | 5.72%                 | Yes           | 2                  | On Loan: No      |
| Hilton Grand Vacations Trust                                                                        | Hilton Grand Vacations Trust 2020-A                                             | CUSIP: 43285HAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     78782 | PA      | $76905.73     | 0.02%             | 2039-02-25      | Fixed         | 2.74%                 | Yes           | 2                  | On Loan: No      |
| CUMMINS INC                                                                                         | Cummins Inc                                                                     | CUSIP: 231021AY2<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | DBT              | CORP              | US        |    740000 | PA      | $740989.36    | 0.18%             | 2028-05-09      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Verizon Master Trust                                                                                | Verizon Master Trust                                                            | CUSIP: 92348KCQ4<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |    775000 | PA      | $787723.37    | 0.19%             | 2030-04-22      | Fixed         | 5.34%                 | No            | 2                  | On Loan: No      |
| ERAC USA FINANCE LLC                                                                                | ERAC USA Finance LLC                                                            | CUSIP: 26884TAV4<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |    375000 | PA      | $378142.06    | 0.09%             | 2028-05-01      | Fixed         | 4.60%                 | Yes           | 2                  | On Loan: No      |
| Nokia OYJ                                                                                           | Nokia Oyj                                                                       | CUSIP: 654902AE5<br>LEI: 549300A0JPRWG1KI7U06 | Long             | DBT              | CORP              | FI        |    674000 | PA      | $667924.51    | 0.16%             | 2027-06-12      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| Carlyle Global Market Strategies                                                                    | Carlyle US CLO 2021-9 Ltd                                                       | CUSIP: 14317KAQ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1040000 | PA      | $1040479.44   | 0.25%             | 2034-10-20      | Floating      | 5.43%                 | Yes           | 2                  | On Loan: No      |
| NTT FINANCE CORP                                                                                    | NTT Finance Corp                                                                | CUSIP: 62954WAC9<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |    350000 | PA      | $342062.14    | 0.08%             | 2026-04-03      | Fixed         | 1.16%                 | Yes           | 2                  | On Loan: No      |
| GENERAL MOTORS FINL CO                                                                              | General Motors Financial Co Inc                                                 | CUSIP: 37045XFE1<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    670000 | PA      | $676834.62    | 0.16%             | 2028-04-04      | Fixed         | 5.05%                 | No            | 2                  | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                                             | Hyundai Capital America                                                         | CUSIP: 44891ADU8<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    690000 | PA      | $692805.52    | 0.17%             | 2027-06-23      | Fixed         | 4.88%                 | Yes           | 2                  | On Loan: No      |
| Nelnet Student Loan Trust                                                                           | Nelnet Student Loan Trust 2021-C                                                | CUSIP: 64035GAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    328078 | PA      | $306477.99    | 0.07%             | 2062-04-20      | Fixed         | 1.32%                 | Yes           | 2                  | On Loan: No      |
| American Express Credit Account Master Trust                                                        | American Express Credit Account Master Trust                                    | CUSIP: 02582JKH2<br>LEI: 549300Y4SA5G3GIJTP18 | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $711312.22    | 0.17%             | 2029-04-15      | Fixed         | 5.23%                 | No            | 2                  | On Loan: No      |
| SLM Student Loan Trust                                                                              | SLM Private Credit Student Loan Trust 2006-B                                    | CUSIP: 78443CCU6<br>LEI: 549300MJYMBTZU2FTV38 | Long             | ABS-O            | CORP              | US        |    150520 | PA      | $147266.48    | 0.04%             | 2039-12-15      | Floating      | 4.85%                 | No            | 2                  | On Loan: No      |
| Mill City Mortgage Trust                                                                            | Mill City Mortgage Loan Trust 2019-1                                            | CUSIP: 59981AAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    121424 | PA      | $117824.89    | 0.03%             | 2069-10-25      | Variable      | 3.25%                 | Yes           | 2                  | On Loan: No      |
| MARS INC                                                                                            | Mars Inc                                                                        | CUSIP: 571676AW5<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    915000 | PA      | $916313.05    | 0.22%             | 2027-03-01      | Fixed         | 4.45%                 | Yes           | 2                  | On Loan: No      |
| MISC CAPITAL TWO LABUAN                                                                             | MISC Capital Two Labuan Ltd                                                     | CUSIP: 60475DAB7<br>LEI: 9845000ED8376T875113 | Long             | DBT              | CORP              | MY        |    348000 | PA      | $342536.41    | 0.08%             | 2027-04-06      | Fixed         | 3.75%                 | Yes           | 2                  | On Loan: No      |
| New York City Transitional Finance Authority                                                        | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                                      | CUSIP: 64972JUH9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    380000 | PA      | $382474.70    | 0.09%             | 2028-05-01      | Fixed         | 4.49%                 | No            | 2                  | On Loan: No      |
| State Street Bank & Trust Co.                                                                       | PURCHASED USD / SOLD CHF                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $165417.09    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| Sequoia Mortgage Trust                                                                              | Sequoia Mortgage Trust 2025-4                                                   | CUSIP: 81749MAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1155999 | PA      | $1157219.05   | 0.28%             | 2055-04-25      | Variable      | 5.50%                 | Yes           | 2                  | On Loan: No      |
| Tricon American Homes                                                                               | Tricon American Homes 2020-SFR2 Trust                                           | CUSIP: 89613JAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1771601 | PA      | $1658517.52   | 0.40%             | 2039-11-17      | Fixed         | 1.48%                 | Yes           | 2                  | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                                                            | Avis Budget Rental Car Funding AESOP LLC                                        | CUSIP: 05377RHC1<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   1540000 | PA      | $1565055.57   | 0.37%             | 2028-04-20      | Fixed         | 5.78%                 | Yes           | 2                  | On Loan: No      |
| ALIMENTATION COUCHE-TARD                                                                            | Alimentation Couche-Tard Inc                                                    | CUSIP: 01626PAM8<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |    327000 | PA      | $305003.22    | 0.07%             | 2030-01-25      | Fixed         | 2.95%                 | Yes           | 2                  | On Loan: No      |
| Russell Investments Trust Company Commingled Employee Benefit Funds Trust-U.S. Cash Management Fund | U.S. Cash Management Fund                                                       | CUSIP: 000000000<br>LEI: 845SLB3N6EI7ZN7PZ398 | Long             | STIV             | PF                | US        |  16837138 | NS      | $16832087.03  | 4.03%             |  |  |  | No            | N/A                | On Loan: No      |
| T-MOBILE USA INC                                                                                    | T-Mobile USA Inc                                                                | CUSIP: 87264ACZ6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    935000 | PA      | $946439.40    | 0.23%             | 2028-03-15      | Fixed         | 4.95%                 | No            | 2                  | On Loan: No      |
| HOWMET AEROSPACE INC                                                                                | Howmet Aerospace Inc                                                            | CUSIP: 022249AU0<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    551000 | PA      | $578840.21    | 0.14%             | 2028-01-15      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| BAE SYSTEMS PLC                                                                                     | BAE Systems PLC                                                                 | CUSIP: 05523RAH0<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |    850000 | PA      | $857629.12    | 0.21%             | 2027-03-26      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Highwoods Realty LP                                                                                 | Highwoods Realty LP                                                             | CUSIP: 431282AR3<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              |  | US        |    477000 | PA      | $463094.85    | 0.11%             | 2029-04-15      | Fixed         | 4.20%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                                                                          | Fannie Mae REMICS                                                               | CUSIP: 3136BV5T1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1996544 | PA      | $1979909.58   | 0.47%             | 2052-04-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| ENBRIDGE INC                                                                                        | Enbridge Inc                                                                    | CUSIP: 29250NCH6<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    435000 | PA      | $436672.58    | 0.10%             | 2028-06-20      | Fixed         | 4.60%                 | No            | 2                  | On Loan: No      |
| OAKTREE SPECIALTY LEND                                                                              | Oaktree Specialty Lending Corp                                                  | CUSIP: 67401PAC2<br>LEI: 549300J6MGCEU5928620 | Long             | DBT              | CORP              | US        |    687000 | PA      | $660569.84    | 0.16%             | 2027-01-15      | Fixed         | 2.70%                 | No            | 2                  | On Loan: No      |
| Progress Residential Trust                                                                          | Progress Residential 2021-SFR4                                                  | CUSIP: 74333EAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    731654 | PA      | $720856.65    | 0.17%             | 2038-05-17      | Fixed         | 1.56%                 | Yes           | 2                  | On Loan: No      |
| TOYOTA MOTOR CORP                                                                                   | Toyota Motor Corp                                                               | CUSIP: 892331AM1<br>LEI: 5493006W3QUS5LMH6R84 | Long             | DBT              | CORP              | JP        |     60000 | PA      | $58821.95     | 0.01%             | 2026-03-25      | Fixed         | 1.34%                 | No            | 2                  | On Loan: No      |
| MSCI INC                                                                                            | MSCI Inc                                                                        | CUSIP: 55354GAH3<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |    276000 | PA      | $266816.06    | 0.06%             | 2029-11-15      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: No      |
| TARGA RESOURCES CORP                                                                                | Targa Resources Corp                                                            | CUSIP: 87612KAA0<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    348000 | PA      | $352075.13    | 0.08%             | 2027-07-01      | Fixed         | 5.20%                 | No            | 2                  | On Loan: No      |
| Firstkey Homes Trust                                                                                | FirstKey Homes 2022-SFR3 Trust                                                  | CUSIP: 33768EAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2004549 | PA      | $1990469.73   | 0.48%             | 2038-07-17      | Fixed         | 4.25%                 | Yes           | 2                  | On Loan: No      |
| Westlake Automobile Receivables Trust                                                               | Westlake Automobile Receivables Trust 2025-P1                                   | CUSIP: 96043LAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $200575.21    | 0.05%             | 2029-06-15      | Fixed         | 4.58%                 | Yes           | 2                  | On Loan: No      |
| CONAGRA BRANDS INC                                                                                  | Conagra Brands Inc                                                              | CUSIP: 205887CF7<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |    622000 | PA      | $578268.23    | 0.14%             | 2027-11-01      | Fixed         | 1.38%                 | No            | 2                  | On Loan: No      |
| GARTNER INC                                                                                         | Gartner Inc                                                                     | CUSIP: 366651AG2<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |    408000 | PA      | $387242.94    | 0.09%             | 2029-06-15      | Fixed         | 3.63%                 | Yes           | 2                  | On Loan: No      |
| VIDEOTRON LTD                                                                                       | Videotron Ltd                                                                   | CUSIP: 92660FAN4<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |    348000 | PA      | $332514.45    | 0.08%             | 2029-06-15      | Fixed         | 3.63%                 | Yes           | 2                  | On Loan: No      |
| UNITED AIR 2014-1 A PTT                                                                             | United Airlines 2014-1 Class A Pass Through Trust                               | CUSIP: 90932PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    418879 | PA      | $416129.98    | 0.10%             | 2026-04-11      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| HSBC HOLDINGS PLC                                                                                   | HSBC Holdings PLC                                                               | CUSIP: 404280EF2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $203248.94    | 0.05%             | 2028-05-17      | Fixed         | 5.60%                 | No            | 2                  | On Loan: No      |
| Ford Credit Auto Owner Trust                                                                        | Ford Credit Auto Owner Trust 2022-B                                             | CUSIP: 34534LAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    450000 | PA      | $448808.94    | 0.11%             | 2027-08-15      | Fixed         | 3.93%                 | No            | 2                  | On Loan: No      |
| CarMax Auto Owner Trust                                                                             | Carmax Auto Owner Trust 2025-1                                                  | CUSIP: 14319WAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    275000 | PA      | $277733.80    | 0.07%             | 2030-01-15      | Fixed         | 4.84%                 | No            | 2                  | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                                            | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   1755000 | PA      | $1788459.10   | 0.43%             | 2027-01-15      | Fixed         | 6.10%                 | No            | 2                  | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                                            | Toyota Motor Credit Corp                                                        | CUSIP: 89236TKF1<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1798902.83   | 0.43%             | 2025-08-18      | Fixed         | 3.65%                 | No            | 2                  | On Loan: No      |
| ENEL FINANCE INTL NV                                                                                | Enel Finance International NV                                                   | CUSIP: 29278GAA6<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    224000 | PA      | $220556.84    | 0.05%             | 2027-05-25      | Fixed         | 3.63%                 | Yes           | 2                  | On Loan: No      |
| Cedar Funding Ltd                                                                                   | Cedar Funding V CLO Ltd                                                         | CUSIP: 15032AAY3<br>LEI: 635400NWFWJ92O7QGD64 | Long             | ABS-CBDO         | CORP              | KY        |    159273 | PA      | $156012.84    | 0.04%             | 2031-07-17      | Fixed         | 1.94%                 | Yes           | 2                  | On Loan: No      |
| GENERAL MOTORS FINL CO                                                                              | General Motors Financial Co Inc                                                 | CUSIP: 37045XEQ5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    915000 | PA      | $927114.25    | 0.22%             | 2027-05-08      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| WMG ACQUISITION CORP                                                                                | WMG Acquisition Corp                                                            | CUSIP: 92933BAT1<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |    376000 | PA      | $353082.18    | 0.08%             | 2029-12-01      | Fixed         | 3.75%                 | Yes           | 2                  | On Loan: No      |
| CF Industries Inc                                                                                   | CF Industries Inc                                                               | CUSIP: 12527GAH6<br>LEI: 5FVKT86LAD2F40NPC183 | Long             | DBT              | CORP              | US        |    666000 | PA      | $665297.34    | 0.16%             | 2026-12-01      | Fixed         | 4.50%                 | Yes           | 2                  | On Loan: No      |
| Black Hills Corp                                                                                    | Black Hills Corp                                                                | CUSIP: 092113AM1<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |    476000 | PA      | $465959.80    | 0.11%             | 2027-01-15      | Fixed         | 3.15%                 | No            | 2                  | On Loan: No      |
| L3HARRIS TECH INC                                                                                   | L3Harris Technologies Inc                                                       | CUSIP: 502431AP4<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |   1645000 | PA      | $1665199.00   | 0.40%             | 2027-01-15      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Chicago Board of Trade                                                                              | US 5YR NOTE (CBT) SEP25                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        81 | NC      | $23592.67     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Ferguson Finance PLC                                                                                | Ferguson Finance PLC                                                            | CUSIP: 314890AA2<br>LEI: 2138003A7ZEU931DZL61 | Long             | DBT              | CORP              | GB        |    298000 | PA      | $296469.05    | 0.07%             | 2028-10-24      | Fixed         | 4.50%                 | Yes           | 2                  | On Loan: No      |
| Credit Acceptance Auto Loan Trust                                                                   | Credit Acceptance Auto Loan Trust 2025-1                                        | CUSIP: 22536KAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $703136.52    | 0.17%             | 2035-03-15      | Fixed         | 5.02%                 | Yes           | 2                  | On Loan: No      |
| Tesla Sustainable Energy Trust                                                                      | Tesla Sustainable Energy Trust 2024-1                                           | CUSIP: 88164AAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    559863 | PA      | $560521.06    | 0.13%             | 2050-06-21      | Fixed         | 5.08%                 | Yes           | 2                  | On Loan: No      |
| ITC HOLDINGS CORP                                                                                   | ITC Holdings Corp                                                               | CUSIP: 465685AR6<br>LEI: 549300HTO5U9D3SLE207 | Long             | DBT              | CORP              | US        |    267000 | PA      | $268651.04    | 0.06%             | 2027-09-22      | Fixed         | 4.95%                 | Yes           | 2                  | On Loan: No      |
| DEUTSCHE TELEKOM INT FIN                                                                            | Deutsche Telekom International Finance BV                                       | CUSIP: 25156PBA0<br>LEI: 529900ERDFHS6C1M4U58 | Long             | DBT              | CORP              | NL        |    750000 | PA      | $739771.64    | 0.18%             | 2027-01-19      | Fixed         | 3.60%                 | Yes           | 2                  | On Loan: No      |
| BANCO DE CREDITO DEL PER                                                                            | Banco de Credito del Peru S.A.                                                  | CUSIP: 05971U2D8<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |    768000 | PA      | $755915.40    | 0.18%             | 2031-09-30      | Fixed         | 3.25%                 | Yes           | 2                  | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                                              | Federal Home Loan Banks                                                         | CUSIP: 3130B64J2<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   2000000 | PA      | $1986639.80   | 0.48%             | 2030-05-06      | Fixed         | 4.55%                 | No            | 2                  | On Loan: No      |
| PNC FINANCIAL SERVICES                                                                              | PNC Financial Services Group Inc/The                                            | CUSIP: 693475BV6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   1085000 | PA      | $1097699.95   | 0.26%             | 2028-01-21      | Fixed         | 5.30%                 | No            | 2                  | On Loan: No      |
| AMERICAN EXPRESS CO                                                                                 | American Express Co                                                             | CUSIP: 025816ED7<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    800000 | PA      | $806806.35    | 0.19%             | 2029-04-25      | Fixed         | 4.73%                 | No            | 2                  | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                                            | Warnermedia Holdings Inc                                                        | CUSIP: 55903VBL6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     57000 | PA      | $55861.02     | 0.01%             | 2027-03-15      | Fixed         | 3.76%                 | No            | 2                  | On Loan: No      |
| Chicago Board of Trade                                                                              | US 2YR NOTE (CBT) SEP25                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -18 | NC      | $4420.15      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Constellation Brands Inc                                                                            | Constellation Brands Inc                                                        | CUSIP: 21036PAQ1<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    965000 | PA      | $954820.16    | 0.23%             | 2026-12-06      | Fixed         | 3.70%                 | No            | 2                  | On Loan: No      |
| Towd Point Mortgage Trust                                                                           | Towd Point Mortgage Trust 2021-SJ2                                              | CUSIP: 89180LAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    177086 | PA      | $171264.65    | 0.04%             | 2061-12-25      | Variable      | 2.25%                 | Yes           | 2                  | On Loan: No      |
| Atlantic Asset Securitization LLC                                                                   | Atlantic Asset Securitization LLC                                               | CUSIP: 04821TVD4<br>LEI: 549300BUNY5BIX4CVW20 | Long             | STIV             | CORP              | US        |   1000000 | PA      | $998543.33    | 0.24%             | 2025-08-13      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Transcanada Trust                                                                                   | Transcanada Trust                                                               | CUSIP: 89356BAC2<br>LEI: 549300Y0MFCAXLBWUV51 | Long             | DBT              | CORP              | CA        |    371000 | PA      | $368714.44    | 0.09%             | 2077-03-15      | Fixed         | 5.30%                 | No            | 2                  | On Loan: No      |
| JPMORGAN CHASE & CO                                                                                 | JPMorgan Chase & Co                                                             | CUSIP: 46647PBT2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $989070.77    | 0.24%             | 2026-11-19      | Fixed         | 1.05%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                                                                          | Fannie Mae REMICS                                                               | CUSIP: 31396V4Q8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5177 | PA      | $5083.96      | 0.00%             | 2037-07-25      | Floating      | 4.48%                 | No            | 2                  | On Loan: No      |
| BX Trust                                                                                            | BX Commercial Mortgage Trust 2021-VOLT                                          | CUSIP: 05609VAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    460193 | PA      | $458280.63    | 0.11%             | 2036-09-15      | Floating      | 5.56%                 | Yes           | 2                  | On Loan: No      |
| Fannie Mae - CAS                                                                                    | Fannie Mae Connecticut Avenue Securities                                        | CUSIP: 20754GAE0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    230000 | PA      | $232298.08    | 0.06%             | 2044-02-25      | Floating      | 6.15%                 | Yes           | 2                  | On Loan: No      |
| UNITED AIR 2014-2 A PTT                                                                             | United Airlines 2014-2 Class A Pass Through Trust                               | CUSIP: 90932QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    812108 | PA      | $800844.83    | 0.19%             | 2026-09-03      | Fixed         | 3.75%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                                                                          | Fannie Mae REMICS                                                               | CUSIP: 3136BV5L8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3088699 | PA      | $3065545.71   | 0.73%             | 2051-03-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| BROADCOM INC                                                                                        | Broadcom Inc                                                                    | CUSIP: 11135FBX8<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1240000 | PA      | $1264749.02   | 0.30%             | 2029-07-12      | Fixed         | 5.05%                 | No            | 2                  | On Loan: No      |
| AMERICAN EXPRESS CO                                                                                 | American Express Co                                                             | CUSIP: 025816DG1<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    970000 | PA      | $977597.72    | 0.23%             | 2027-07-28      | Fixed         | 5.39%                 | No            | 2                  | On Loan: No      |
| Hertz Vehicle Financing LLC                                                                         | Hertz Vehicle Financing III LLC                                                 | CUSIP: 42806MCE7<br>LEI: 549300MNOMKDMDFI8J66 | Long             | ABS-O            | CORP              | US        |    975000 | PA      | $1011062.87   | 0.24%             | 2030-03-25      | Fixed         | 6.15%                 | Yes           | 2                  | On Loan: No      |
| United States Treasury                                                                              | U.S. Treasury Notes                                                             | CUSIP: 91282CKJ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4500000 | PA      | $4537265.63   | 1.09%             | 2027-04-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| United States Treasury                                                                              | U.S. Treasury Bills                                                             | CUSIP: 912797PN1<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |    540000 | PA      | $539167.50    | 0.13%             | 2025-08-14      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| SOUTHERN POWER CO                                                                                   | Southern Power Co                                                               | CUSIP: 843646AW0<br>LEI: 5LADC78JBG2BMZD5XF57 | Long             | DBT              | CORP              | US        |    685000 | PA      | $673094.79    | 0.16%             | 2026-01-15      | Fixed         | 0.90%                 | No            | 2                  | On Loan: No      |
| BENCHMARK Mortgage Trust                                                                            | Benchmark 2021-B27 Mortgage Trust                                               | CUSIP: 08163HAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4046272 | PA      | $201355.74    | 0.05%             | 2054-07-15      | Variable      | 1.23%                 | No            | 2                  | On Loan: No      |
| JPMORGAN CHASE & CO                                                                                 | JPMorgan Chase & Co                                                             | CUSIP: 46647PEL6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1040000 | PA      | $1050043.60   | 0.25%             | 2028-07-22      | Fixed         | 4.98%                 | No            | 2                  | On Loan: No      |
| ING GROEP NV                                                                                        | ING Groep NV                                                                    | CUSIP: 456837BB8<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    270000 | PA      | $267754.31    | 0.06%             | 2028-03-28      | Fixed         | 4.02%                 | No            | 2                  | On Loan: No      |
| State Street Bank & Trust Co.                                                                       | PURCHASED CAD / SOLD USD                                                        | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | CA        |         1 | NC      | $-4.65        | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Angel Oak Mortgage Trust                                                                            | Angel Oak Mortgage Trust 2025-4                                                 | CUSIP: 034935AA4<br>LEI: 254900VBIBOATGC48K85 | Long             | ABS-MBS          | CORP              | US        |   2486671 | PA      | $2499627.37   | 0.60%             | 2070-04-25      | Variable      | 5.86%                 | Yes           | 2                  | On Loan: No      |
| EPR Properties                                                                                      | EPR Properties                                                                  | CUSIP: 26884UAC3<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              |  | US        |    631000 | PA      | $629035.92    | 0.15%             | 2026-12-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| BANK OF AMERICA CORP                                                                                | Bank of America Corp                                                            | CUSIP: 06051GJS9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    440000 | PA      | $427881.41    | 0.10%             | 2027-07-22      | Fixed         | 1.73%                 | No            | 2                  | On Loan: No      |
| County of Miami-Dade Seaport Department                                                             | MIAMI-DADE CNTY FL SEAPORT REVENUE                                              | CUSIP: 59335KCP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $325276.81    | 0.08%             | 2027-10-01      | Fixed         | 1.52%                 | No            | 2                  | On Loan: No      |
| HONDA MOTOR CO LTD                                                                                  | Honda Motor Co Ltd                                                              | CUSIP: 438127AB8<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | DBT              | CORP              | JP        |    440000 | PA      | $426997.35    | 0.10%             | 2027-03-10      | Fixed         | 2.53%                 | No            | 2                  | On Loan: No      |
| ARES CLO Ltd                                                                                        | ARES XLIV CLO Ltd                                                               | CUSIP: 04016NBH5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1025000 | PA      | $1025000.00   | 0.25%             | 2034-04-15      | Floating      | 0.00%                 | Yes           | 2                  | On Loan: No      |
| SANTANDER HOLDINGS USA                                                                              | Santander Holdings USA Inc                                                      | CUSIP: 80282KBF2<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    580000 | PA      | $603989.70    | 0.14%             | 2029-03-09      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Starbird Funding Corp                                                                               | Starbird Funding Corp                                                           | CUSIP: 85520LY58<br>LEI: 549300A8DDPP6QJBB522 | Long             | STIV             | CORP              | US        |    700000 | PA      | $691709.90    | 0.17%             | 2025-11-05      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Yara International ASA                                                                              | Yara International ASA                                                          | CUSIP: 984851AF2<br>LEI: 213800WKOUWXWFJ5Z514 | Long             | DBT              | CORP              | NO        |    593000 | PA      | $593199.36    | 0.14%             | 2028-06-01      | Fixed         | 4.75%                 | Yes           | 2                  | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                                                 | Citigroup Commercial Mortgage Trust 2016-P4                                     | CUSIP: 29429EAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    840000 | PA      | $825097.63    | 0.20%             | 2049-07-10      | Fixed         | 2.65%                 | No            | 2                  | On Loan: No      |
| LOWE'S COS INC                                                                                      | Lowe's Cos Inc                                                                  | CUSIP: 548661DR5<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |   1240000 | PA      | $1207290.45   | 0.29%             | 2029-04-05      | Fixed         | 3.65%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                                                                                          | Fannie Mae Pool                                                                 | CUSIP: 3140HV4S0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    271927 | PA      | $264114.76    | 0.06%             | 2026-11-01      | Fixed         | 2.28%                 | No            | 2                  | On Loan: No      |
| TORONTO-DOMINION BANK                                                                               | Toronto-Dominion Bank/The                                                       | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    460000 | PA      | $483989.89    | 0.12%             | 2082-10-31      | Fixed         | 8.13%                 | No            | 2                  | On Loan: No      |

### Signature

**Date Signed:** 2025-08-28

**Name of Applicant:** RUSSELL INVESTMENT CO

**Signature:** Ross Erickson

**Name of Signer:** Ross Erickson

**Title:** Treasurer, Principal Accounting Officer and Principal Financial Officer