# EDGAR Filing Document

**Accession Number:** 0000742212
**File Stem:** 0001410368-25-029476
**Filing Date:** 2025-11
**Character Count:** 549828
**Document Hash:** 6163c877b1ab68788e0af9d89387f7df
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-029476.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0001410368-25-029476

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHWESTERN MUTUAL SERIES FUND INC
- **CENTRAL INDEX KEY:** 0000742212

**ORGANIZATION NAME:**
- **EIN:** 391603401
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03990
- **FILM NUMBER:** 251511988

**BUSINESS ADDRESS:**
- **STREET 1:** 720 E WISCONSIN AVE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 4142992508

**MAIL ADDRESS:**
- **STREET 1:** 720 EAST WISCONSIN AVE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NORTHWESTERN MUTUAL VARIABLE LIFE SERIES FUND INC
- **DATE OF NAME CHANGE:** 19940830

## Series and Classes Contracts Data

### Select Bond Portfolio (Series ID: S000000047)

| Class ID   | Class Name            | Ticker Symbol   |
|:---|:---|:---|
| C000000082 | Select Bond Portfolio |  |

## Nport-Ex

Select Bond Portfolio

SCHEDULE OF INVESTMENTS

**September 30, 2025 (unaudited)** 

---

| | | |
|:---|:---|:---|
| Corporate Bonds (26.0%) | Shares/ Par <sup>+</sup> | Value<br> $(000's) |
|  **Basic Materials (0.3%)** |  |  |
|  Corp Nacional del Cobre de Chile<br>6.330%, 1/13/35 144A | 1295000 | 1381 |
|  Gerdau Trade, Inc.<br>5.750%, 6/9/35 | 1522000 | 1577 |
|  Glencore Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.634%, 4/4/34 144A | 1111000 | 1156 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.673%, 4/1/35 144A | 2592000 | 2694 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.141%, 4/1/55 144A | 972000 | 1016 |
|  Suzano Netherlands BV<br>5.500%, 1/15/36 | 1455000 | 1456 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **9280** |
|  **Communications (1.4%)** |  |  |
|  Alphabet, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 5/15/55 | 1357000 | 1360 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 5/15/65 | 1357000 | 1350 |
|  AT&T, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 6/1/41 | 903000 | 722 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 9/15/53 | 1401000 | 969 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.550%, 9/15/55 | 1399000 | 964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.650%, 9/15/59 | 884000 | 604 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 12/1/57 | 1232000 | 878 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 11/1/32 | 1655000 | 1648 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 11/1/35 | 1655000 | 1642 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 11/1/45 | 1324000 | 1311 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 11/1/54 | 1324000 | 1309 |
|  Charter Communications Operating LLC *I* Charter Communications Operating Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 6/1/41 | 486000 | 355 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 3/1/42 | 2373000 | 1709 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 6/1/52 | 689000 | 467 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 4/1/53 | 1161000 | 970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 4/1/63 | 494000 | 414 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 12/1/35 | 1798000 | 1815 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.700%, 12/1/55 | 1758000 | 1779 |
|  Comcast Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.987%, 11/1/63 | 1057000 | 604 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.049%, 11/1/52 | 911000 | 698 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 5/15/53 | 757000 | 710 |
|  Meta Platforms, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 8/15/54 | 546000 | 539 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 8/15/64 | 2622000 | 2603 |
|  Netflix, Inc.<br>5.400%, 8/15/54 | 1209000 | 1218 |
|  T-Mobile USA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 5/15/35 | 1948000 | 1995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 11/15/55 | 989000 | 1010 |
|  Uber Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 1/15/31 | 2482000 | 2459 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 9/15/34 | 2426000 | 2431 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 9/15/35 | 1655000 | 1640 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 9/15/54 | 1138000 | 1104 |
|  Verizon Communications, Inc.<br>2.987%, 10/30/56 | 1416000 | 873 |

---

---

| | | |
|:---|:---|:---|
| Corporate Bonds (26.0%) | Shares/ Par <sup>+</sup> | Value<br> $(000's) |
|  **Communications continued** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 4/2/35 | 2473000 | 2515 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **40665** |
|  **Consumer, Cyclical (1.7%)** |  |  |
|  BMW US Capital LLC<br>5.200%, 8/11/35 144A | 1652000 | 1670 |
|  Delta Air Lines, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 7/10/28 | 3835000 | 3882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 7/10/30 | 4314000 | 4401 |
|  Delta Air Lines, lnc./SkyMiles IP, Ltd.<br>4.750%, 10/20/28 144A | 3102000 | 3119 |
|  Dick's Sporting Goods, Inc.<br>4.100%, 1/15/52 | 1816000 | 1352 |
|  Ford Motor Credit Co. LLC<br>2.900%, 2/10/29 | 6185000 | 5731 |
|  General Motors Financial Co., Inc.<br>2.700%, 6/10/31 | 3590000 | 3209 |
|  Gildan Activewear, Inc.<br>5.400%, 10/7/35 144A | 484000 | 484 |
|  The Home Depot, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 4/15/52 | 919000 | 688 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 6/25/31 | 422000 | 435 |
|  Hyundai Capital America |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 9/18/30 144A | 1241000 | 1235 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 3/27/30 144A | 1403000 | 1432 |
|  Lowe's Companies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 4/1/51 | 1142000 | 811 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 3/15/31 | 2212000 | 2198 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 4/1/52 | 2103000 | 1698 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 10/15/35 | 2059000 | 2042 |
|  Marriott International, Inc.<br>5.250%, 10/15/35 | 2871000 | 2897 |
|  McDonald's Corp.<br>6.300%, 3/1/38 | 1441000 | 1591 |
|  Toyota Motor Credit Corp.<br>4.650%, 9/3/32 | 2893000 | 2913 |
|  Walmart, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 4/28/30 | 3355000 | 3410 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 4/28/35 | 4392000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4518 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **49716** |
|  **Consumer, Non-cyclical (4.0%)** |  |  |
|  AbbVie, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 11/21/29 | 3514000 | 3390 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 11/21/39 | 998000 | 893 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 11/21/49 | 3467000 | 2921 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 5/14/35 | 146000 | 143 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 3/15/35 | 413000 | 407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 3/15/27 | 2383000 | 2410 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 3/15/30 | 1917000 | 1973 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 3/15/31 | 1430000 | 1478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 3/15/34 | 2383000 | 2452 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 3/15/35 | 2226000 | 2304 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 3/15/55 | 220000 | 225 |
|  Alcon Finance Corp.<br>5.375%, 12/6/32 144A | 2809000 | 2929 |

---

**1** 

------

Select Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Corporate Bonds (26.0%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Consumer, Non-cyclical continued** |  |  |
|  Altria Group, Inc.<br>3.875%, 9/16/46 | 1303000 | 999 |
|  Amgen, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 3/2/43 | 1374000 | 1392 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 3/2/53 | 434000 | 433 |
|  Anheuser-Busch Cos. LLC *I* Anheuser-Busch lnBev Worldwide, Inc.<br>4.700%, 2/1/36 | 4955000 | 4892 |
|  Anheuser- Busch lnBev Worldwide, Inc.<br>5.450%, 1/23/39 | 962000 | 994 |
|  BAT Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.540%, 8/15/47 | 1996000 | 1674 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 8/15/55 | 1414000 | 1479 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.081%, 8/2/53 | 522000 | 598 |
|  Bunge, Ltd. Finance Corp.<br>5.150%, 8/4/35 | 2476000 | 2505 |
|  CVS Health Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.780%, 3/25/38 | 1045000 | 979 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 3/25/48 | 4218000 | 3753 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 6/1/31 | 1890000 | 1977 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 6/1/34 | 1941000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2026 |
|  Eli Lilly & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 8/14/29 | 2995000 | 3016 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 3/15/31 | 2884000 | 2888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 8/14/34 | 2467000 | 2476 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 2/9/34 | 1893000 | 1914 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 2/12/32 | 724000 | 748 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 8/14/54 | 231000 | 220 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 2/12/35 | 1029000 | 1064 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 2/9/64 | 951000 | 898 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 2/12/55 | 1192000 | 1218 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 10/15/55 | 601000 | 618 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 2/12/65 | 1315000 | 1346 |
|  EMD Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 10/15/30 144A | 2651000 | 2651 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 10/15/35 144A | 1870000 | 1871 |
|  Gilead Sciences, Inc.<br>4.000%, 9/1/36 | 963000 | 896 |
|  HCA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 6/15/49 | 1225000 | 1122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 3/1/32 | 3264000 | 3401 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 6/1/53 | 714000 | 705 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 3/1/55 | 1925000 | 1987 |
|  Imperial Brands Finance PLC<br>5.625%, 7/1/35 144A | 1914000 | 1952 |
|  JBS USA Holding LUX SARL / JBS Foods Group Holdings, Inc. *I* JBS USA Food Co.<br>6.375%, 4/15/66 144A | 495000 | 509 |
|  JBS USA Holding LUX SARL / JBS USA Food Co. JBS LUX Co. SARL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 5/15/32 | 1861000 | 1665 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 1/15/32 | 2504000 | 2334 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 4/1/33 | 617000 | 644 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 12/1/52 | 1299000 | 1369 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 11/15/53 | 1988000 | 2280 |
|  Merck & Co., Inc.<br>2.350%, 6/24/40 | 799000 | 574 |
|  PepsiCo, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.100%, 1/15/29 | 2407000 | 2416 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 7/23/30 | 1334000 | 1342 |

---

---

| | | |
|:---|:---|:---|
| Corporate Bonds (26.0%) | Shares/<br> Par <sup>+</sup> | Value<br>$(000's) |
|  **Consumer, Non-cyclical continued** |  |  |
|  Philip Morris International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 4/28/28 | 4172000 | 4180 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 4/30/30 | 3532000 | 3548 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 4/30/35 | 3744000 | 3746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 11/17/25 | 1996000 | 1997 |
|  UnitedHealth Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.050%, 5/15/41 | 442000 | 336 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 7/15/44 | 1152000 | 1154 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 7/15/54 | 3076000 | 3059 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 2/15/53 | 2426000 | 2494 |
|  Verisk Analytics, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 8/15/30 | 1652000 | 1657 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 2/15/36 | 1845000 | 1862 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **113383** |
|  **Energy (1.1%)** |  |  |
|  Aker BP ASA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 10/1/34 144A | 1373000 | 1350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 10/1/54 144A | 442000 | 410 |
|  Chevron USA, Inc.<br>4.300%, 10/15/30 | 1722000 | 1731 |
|  Devon Energy Corp.<br>5.750%, 9/15/54 | 1581000 | 1466 |
|  Diamondback Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 1/30/30 | 1779000 | 1832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 4/18/27 | 953000 | 967 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 4/18/54 | 614000 | 591 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 4/18/64 | 479000 | 461 |
|  Energy Transfer LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 7/1/29 | 2403000 | 2473 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 4/15/47 | 962000 | 869 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 4/1/35 | 2808000 | 2899 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 5/15/54 | 3868000 | 3746 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 2/1/29 144A | 1744000 | 1769 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 9/1/54 | 963000 | 946 |
|  Equinor ASA<br>5.125%, 6/3/35 | 824000 | 849 |
|  Galaxy Pipeline Assets Bidco, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.160%, 3/31/34 144A | 1540316 | 1398 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.625%, 3/31/36 144A | 1280000 | 1127 |
|  Kinder Morgan, Inc.<br>5.150%, 6/1/30 | 1643000 | 1695 |
|  ONEOK, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 11/1/34 | 495000 | 488 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 11/1/54 | 2060000 | 1945 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 11/1/64 | 383000 | 366 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 10/15/55 | 1239000 | 1258 |
|  Petroleos Mexicanos<br>2.460%, 12/15/25 | 320950 | 318 |
|  Saudi Arabian Oil Co.<br>6.375%, 6/2/55 144A | 554000 | 591 |
|  TotalEnergies Capital SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.425%, 9/10/64 | 494000 | 476 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.638%, 4/5/64 | 475000 | 473 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **32494** |
|  **Financial (9.4%)** |  |  |
|  Agree LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 6/15/28 | 1469000 | 1386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.600%, 6/15/33 | 401000 | 343 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 10/1/32 | 883000 | 889 |

---

**2** 

------

Select Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Corporate Bonds (26.0%) | Shares/ Par <sup>+</sup> | Value<br> $(000's) |
|  **Financial continued** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 6/15/35 | 1439000 | 1500 |
|  American Express Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.351%, (US SOFR plus 0.810%), 7/20/29 α | 3855000 | 3878 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.731 %, (US SOFR plus 1.260%), 4/25/29 α | 3104000 | 3153 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.918%, (US SOFR plus 1.220%), 7/20/33 α | 2825000 | 2874 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.016%, (US SOFR plus 1.440%), 4/25/31 α | 3331000 | 3425 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.085%, (US SOFR Index plus 1.020%), 1/30/31 α | 1302000 | 1342 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.442%, (US SOFR Index plus 1.320%), 1/30/36 α | 1704000 | 1772 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.667%, (US SOFR plus 1.790%), 4/25/36 α | 1248000 | 1319 |
|  American Homes 4 Rent LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 4/15/32 | 1622000 | 1518 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 4/15/52 | 727000 | 583 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 6/15/30 | 1238000 | 1261 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 7/15/34 | 660000 | 680 |
|  Ares Management Corp.<br>5.600%, 10/11/54 | 1434000 | 1387 |
|  Athene Global Funding<br>5.543%, 8/22/35 144A | 1476000 | 1496 |
|  Bank of America Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.734%, (US SOFR plus 0.960%), 7/22/27 α | 5981000 | 5862 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.922%, (US SOFR plus 1.370%), 10/24/31 α | 830000 | 737 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.496%, (US SOFR 3 Month plus 0.990%), 2/13/31 α | 1871000 | 1732 |
|  The Bank of New York Mellon Corp.<br>4.942%, (US SOFR plus 0.887%), 2/11/31 α | 2707000 | 2780 |
|  Barclays PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.476%, (US SOFR plus 1.080%), 11/11/29 α | 2898000 | 2903 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.785%, (US SOFR plus 1.590%), 2/25/36 α | 1639000 | 1710 |
|  BPCE SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.389%, (US SOFR plus 1.581%), 5/28/31 144A α | 1087000 | 1115 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.027%, (US SOFR plus 1.956%), 5/28/36 144A α | 1590000 | 1674 |
|  Brixmor Operating Partnership LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 8/16/31 | 1551000 | 1377 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 2/15/33 | 679000 | 678 |
|  Brookfield Asset Management, Ltd.<br>6.077%, 9/15/55 | 969000 | 1005 |
|  Brookfield Finance, Inc.<br>5.330%, 1/15/36 | 2051000 | 2062 |
|  CaixaBank SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.634%, (US SOFR plus 1.140%),<br>7/3/29 144A α | 3123000 | 3145 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.885%, (US SOFR plus 1.360%),<br>7/3/31 144A α | 3123000 | 3155 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.581%, (US SOFR plus 1.790%),<br>7/3/36 144A α | 1880000 | 1926 |
|  Canadian Imperial Bank of Commerce |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.243%, (US SOFR Index plus 0.600%), 9/8/28 α | 2908000 | 2913 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.580%, (US SOFR Index plus 1.170%), 9/8/31 α | 3113000 | 3123 |
|  Capital One Financial Corp.<br>6.051%, (US SOFR plus 2.260%), 2/1/35 α | 3684000 | 3911 |
|  CBRE Services, Inc.<br>5.500%, 6/15/35 | 1247000 | 1284 |

---

---

| | | |
|:---|:---|:---|
| Corporate Bonds (26.0%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Financial continued** |  |  |
|  Citigroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.503%, (US SOFR plus 1.171 %), 9/11/31 α | 3560000 | 3562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.542%, (US SOFR plus 1.338%), 9/19/30 α | 1553000 | 1560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.786%, (US SOFR plus 0.870%), 3/4/29 α | 3353000 | 3396 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.952%, (US SOFR plus 1.463%), 5/7/31 α | 2478000 | 2525 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.174%, (US SOFR plus 1.488%), 9/11/36 α | 2316000 | 2340 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.333%, (US SOFR plus 1.465%), 3/27/36 α | 3379000 | 3454 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.612%, (US SOFR plus 1.746%), 3/4/56 α | 2302000 | 2324 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.827%, (US SOFR plus 2.056%), 2/13/35 α | 1046000 | 1085 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.020%, (US SOFR plus 1.830%), 1/24/36 α | 2892000 | 3030 |
|  Commonwealth Bank of Australia<br>4.150%, 10/1/30 | 1836000 | 1835 |
|  Credit Agricole SA<br>4.818%, (US SOFR plus 1.360%), 9/25/33 144A α | 2722000 | 2705 |
|  Crown Castle, Inc.<br>2.100%, 4/1/31 | 68000 | 60 |
|  Deutsche Bank AG<br>4.950%, (US SOFR plus 1.300%), 8/4/31 α | 1670000 | 1686 |
|  Essex Portfolio LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.550%, 6/15/31 | 837000 | 749 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 4/1/34 | 987000 | 1025 |
|  FS KKR Capital Corp.<br>6.125%, 1/15/30 | 2707000 | 2695 |
|  The Goldman Sachs Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.692%, (US SOFR plus 1.135%), 10/23/30 α | 2867000 | 2904 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.049%, (US SOFR plus 1.210%), 7/23/30 α | 1480000 | 1517 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.207%, (US SOFR plus 1.078%), 1/28/31 α | 3786000 | 3908 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.218%, (US SOFR plus 1.580%), 4/23/31 α | 4861000 | 5027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.330%, (US SOFR plus 1.550%), 7/23/35 α | 2944000 | 3031 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.734%, (US SOFR plus 1.696%), 1/28/56 α | 1349000 | 1399 |
|  Guardian Life Global Funding<br>4.327%, 10/6/30 144A | 2060000 | 2061 |
|  Invitation Homes Operating Partnership LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 8/15/31 | 280000 | 242 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 4/15/32 | 1614000 | 1560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 2/1/35 | 1433000 | 1415 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 1/15/33 | 1641000 | 1649 |
|  JPMorgan Chase & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.522%, (US SOFR plus 2.040%), 4/22/31 α | 1463000 | 1357 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.576%, (US SOFR plus 1.635%), 7/23/36 α | 2068000 | 2144 |
|  Kimco Realty OP LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 3/1/35 | 1291000 | 1283 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 2/1/36 | 1484000 | 1517 |
|  Mitsubishi UFJ Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.527%, (US Treasury Yield Curve Rate T Note Constant Maturity 1 Year plus 0.800%), 9/12/31 α | 2709000 | 2719 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.188%, (US Treasury Yield Curve Rate T Note Constant Maturity 5 year plus 0.930%), 9/12/36 α | 2726000 | 2770 |
|  Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.994%, (US SOFR plus 1.380%), 4/12/29 α | 4866000 | 4963 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.042%, (US SOFR plus 1.215%), 7/19/30 α | 4414000 | 4524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.192%, (US SOFR plus 1.510%), 4/17/31 α | 778000 | 803 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.230%, (US SOFR plus 1.108%), 1/15/31 α | 4743000 | 4895 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.449%, (US SOFR plus 1.630%), 7/20/29 α | 1865000 | 1927 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.831 %, (US SOFR plus 1.580%), 4/19/35 α | 4357000 | 4645 |

---

**3** 

------

Select Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Corporate Bonds (26.0%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Financial continued** |  |  |
|  Morgan Stanley Private Bank NA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.466%, (US SOFR plus 0.770%), 7/6/28 α | 2927000 | 2943 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.734%, (US SOFR plus 1.080%), 7/18/31 α | 8720000 | 8850 |
|  Nationwide Building Society |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.351%, 9/30/30 144A | 2695000 | 2685 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.537%, (US SOFR plus 1.650%), 7/14/36 144A α | 1539000 | 1583 |
|  Nomura Holdings, Inc.<br>4.904%, 7/1/30 | 3123000 | 3167 |
|  Oaktree Specialty Lending Corp.<br>6.340%, 2/27/30 | 1629000 | 1636 |
|  PNC Bank NA<br>4.429%, (US SOFR plus 0.727%), 7/21/28 α | 3869000 | 3889 |
|  The PNC Financial Services Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.812%, (US SOFR plus 1.259%), 10/21/32 α | 2198000 | 2228 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.373%, (US SOFR plus 1.417%), 7/21/36 α | 1240000 | 1276 |
|  Realty Income Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.100%, 3/15/28 | 910000 | 868 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.850%, 12/15/32 | 1174000 | 1048 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.400%, 1/15/30 | 972000 | 941 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 2/1/29 | 1449000 | 1442 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 2/1/33 | 1235000 | 1222 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 7/15/33 | 1397000 | 1416 |
|  Regency Centers LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 9/15/29 | 2221000 | 2121 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 7/15/32 | 1403000 | 1435 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 1/15/34 | 1904000 | 1957 |
|  Royal Bank of Canada<br>4.696%, (US SOFR plus 1.060%), 8/6/31 α | 3307000 | 3350 |
|  Societe Generale SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.439%, (US SOFR plus 1.730%), 10/3/36 144A α | 2899000 | 2891 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.132%, (US Treasury Yield Curve Rate T Note Constant Maturity 1 Year plus 2.950%), 1/19/55 144A α | 2386000 | 2549 |
|  State Street Corp.<br>4.729%, 2/28/30 | 3833000 | 3916 |
|  Store Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 12/1/31 | 564000 | 494 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 11/18/30 | 1434000 | 1304 |
|  Sumitomo Life Insurance Co. 5.875%, (US Treasury Yield Curve Rate T Note Constant Maturity 5 year plus 2.651 %), 9/10/55 144A α | 3219000 | 3277 |
|  Sumitomo Mitsui Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.660%, (US SOFR plus 1.190%), 7/8/31 α | 1710000 | 1729 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.954%, (US SOFR plus 1.380%), 7/8/33 α | 1710000 | 1740 |
|  Sumitomo Mitsui Trust Bank, Ltd.<br>4.350%, 9/11/30 144A | 1844000 | 1849 |
|  Sumitomo Mitsui Trust Group, Inc.<br>5.416%, (US SOFR plus 1.650%), 9/11/36 144A α | 2387000 | 2414 |
|  Sun Communities Operating LP<br>4.200%, 4/15/32 | 1781000 | 1725 |
|  Synchrony Financial<br>6.000%, (US SOFR plus 2.070%), 7/29/36 α | 1443000 | 1476 |
|  Truist Bank<br>4.420%, (US SOFR plus 0.770%), 7/24/28 α | 3870000 | 3887 |

---

---

| | | |
|:---|:---|:---|
| Corporate Bonds (26.0%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Financial continued** |  |  |
|  UBS Group AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.151%, (US SOFR plus 0.840%), 12/23/29 144A α | 3353000 | 3345 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.398%, (US SOFR plus 1.060%), 9/23/31 144A α | 3326000 | 3315 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.010%, (US SOFR plus 1.340%), 3/23/37 144A α | 5204000 | 5179 |
|  Wells Fargo & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.078%, (US SOFR plus 0.880%), 9/15/29 α | 2670000 | 2662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.892%, (US SOFR plus 1.340%), 9/15/36 α | 1655000 | 1652 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.900%, (US SOFR plus 0.780%), 1/24/28 α | 2063000 | 2082 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.970%, (US SOFR plus 1.370%), 4/23/29 α | 4930000 | 5024 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.150%, (US SOFR plus 1.500%), 4/23/31 α | 1622000 | 1673 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.211%, (US SOFR plus 1.380%), 12/3/35 α | 1534000 | 1567 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.574%, (US SOFR plus 1.740%), 7/25/29 α | 938000 | 972 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.707%, (US SOFR plus 1.070%), 4/22/28 α | 1492000 | 1527 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.303%, (US SOFR plus 1.790%), 10/23/29 α | 955000 | 1011 |
|  **Total** |  | **267506** |
|  **Industrial (2.1%)** |  |  |
|  The Boeing Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.805%, 5/1/50 | 1662000 | 1660 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.858%, 5/1/54 | 993000 | 1133 |
|  Carlisle Cos., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 9/15/35 | 1231000 | 1246 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 9/15/40 | 492000 | 498 |
|  Caterpillar Financial Services Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 8/16/29 | 1075000 | 1090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 5/14/27 | 2866000 | 2916 |
|  Caterpillar, Inc.<br>5.200%, 5/15/35 | 3134000 | 3242 |
|  CRH SMW Finance DAC<br>5.125%, 1/9/30 | 378000 | 389 |
|  Crowley Conro LLC<br>4.181%, 8/15/43 | 1098475 | 1005 |
|  Deere & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 1/16/35 | 4014000 | 4225 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 1/19/55 | 1990000 | 2093 |
|  Eaton Capital ULC<br>4.450%, 5/9/30 | 1276000 | 1289 |
|  Embraer Netherlands Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 1/9/38 | 1452000 | 1446 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.980%, 2/11/35 | 2485000 | 2636 |
|  General Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 7/29/30 | 2894000 | 2911 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 1/29/36 | 2631000 | 2668 |
|  Howmet Aerospace, Inc.<br>4.850%, 10/15/31 | 1276000 | 1309 |
|  John Deere Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 9/15/27 | 1879000 | 1888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 1/8/27 | 2369000 | 2388 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 1/7/28 | 1668000 | 1695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 6/11/29 | 311000 | 319 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 9/8/26 | 1753000 | 1775 |
|  Norfolk Southern Corp.<br>5.100%, 5/1/35 | 1654000 | 1689 |
|  Northrop Grumman Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 7/15/30 | 1367000 | 1390 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 7/15/35 | 1269000 | 1314 |

---

**4** 

------

Select Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Corporate Bonds (26.0%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Industrial continued** |  |  |
|  Siemens Funding BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 5/26/28 144A | 3119000 | 3150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 5/28/30 144A | 2081000 | 2118 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 5/28/32 144A | 2508000 | 2573 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 5/28/35 144A | 2508000 | 2600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 5/28/55 144A | 1272000 | 1365 |
|  Union Pacific Corp.<br>5.600%, 12/1/54 | 744000 | 756 |
|  United Parcel Service, Inc.<br>6.050%, 5/14/65 | 1897000 | 1986 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **58762** |
|  **Technology (2.9%)** |  |  |
|  Accenture Capital, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 10/4/31 | 3821000 | 3815 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 10/4/34 | 2101000 | 2072 |
|  Apple, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 2/8/41 | 685000 | 492 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 5/11/50 | 746000 | 478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 2/8/51 | 576000 | 368 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 8/8/52 | 1803000 | 1464 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 5/12/28 | 1441000 | 1451 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 5/12/30 | 2477000 | 2504 |
|  Autodesk, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.400%, 12/15/31 | 116000 | 103 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 6/15/35 | 1237000 | 1271 |
|  Broadcom, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 2/15/28 | 2344000 | 2350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 2/15/32 | 2388000 | 2405 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 7/15/30 | 3112000 | 3159 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 10/15/34 | 3344000 | 3367 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 7/15/32 | 1941000 | 1986 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.926%, 5/15/37 144A | 1346000 | 1342 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 7/12/29 | 3436000 | 3539 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 11/15/31 | 3196000 | 3321 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 7/15/35 | 1031000 | 1063 |
|  Cadence Design Systems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 9/10/27 | 1780000 | 1787 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 9/10/29 | 4944000 | 4975 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 9/10/34 | 4561000 | 4554 |
|  Foundry JV Holdco LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 1/25/31 144A | 686000 | 712 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 1/25/33 144A | 793000 | 836 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.300%, 1/25/39 144A | 627000 | 674 |
|  Hewlett Packard Enterprise Co.<br>5.600%, 10/15/54 | 1023000 | 978 |
|  Intel Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 8/12/41 | 809000 | 566 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 11/15/49 | 474000 | 315 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 2/10/43 | 540000 | 530 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 2/10/63 | 709000 | 691 |
|  Oracle Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 7/15/46 | 1635000 | 1274 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 9/26/30 | 2028000 | 2027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 9/26/32 | 2028000 | 2030 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 9/26/35 | 2029000 | 2040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 9/27/54 | 1231000 | 1131 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 2/6/53 | 1018000 | 963 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 9/26/45 | 1930000 | 1935 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 9/26/55 | 1930000 | 1924 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 8/3/55 | 2847000 | 2858 |

---

---

| | | |
|:---|:---|:---|
| Corporate Bonds (26.0%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Technology continued** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.100%, 9/26/65 | 1930000 | 1926 |
|  Synopsys, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 4/1/28 | 1437000 | 1453 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 4/1/30 | 2055000 | 2093 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 4/1/32 | 1644000 | 1680 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 4/1/35 | 1448000 | 1473 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 4/1/55 | 1156000 | 1167 |
|  Texas Instruments, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 3/14/53 | 1125000 | 1059 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 2/8/54 | 951000 | 917 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **81118** |
|  **Utilities (3.1%)** |  |  |
|  Alabama Power Co.<br>5.100%, 4/2/35 | 1333000 | 1362 |
|  American Transmission Systems, Inc.<br>2.650%, 1/15/32 144A | 586000 | 526 |
|  Arizona Public Service Co.<br>5.900%, 8/15/55 | 1641000 | 1680 |
|  Baltimore Gas & Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 6/15/31 | 1257000 | 1125 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 6/1/35 | 1650000 | 1714 |
|  CenterPoint Energy Houston Electric LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 3/1/52 | 928000 | 689 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 8/15/35 | 1981000 | 1974 |
|  Chile Electricity Lux MPC II SARL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.580%, 10/20/35 144A | 1202331 | 1242 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.672%, 10/20/35 144A | 2285000 | 2355 |
|  Consolidated Edison Co. of New York, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 12/1/51 | 282000 | 191 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 11/15/59 | 479000 | 343 |
|  Consumers Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 1/15/31 | 2466000 | 2491 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 5/15/35 | 1823000 | 1855 |
|  DTE Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 3/1/50 | 1467000 | 989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.650%, 3/1/52 | 672000 | 503 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 5/15/35 | 864000 | 889 |
|  Duke Energy Carolinas LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.550%, 4/15/31 | 573000 | 525 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.850%, 3/15/32 | 1561000 | 1423 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.550%, 3/15/52 | 1137000 | 837 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 3/15/35 | 1370000 | 1418 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 1/15/53 | 1101000 | 1080 |
|  Duke Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 6/15/51 | 779000 | 549 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 9/15/35 | 2911000 | 2892 |
|  Duke Energy Florida LLC<br>2.400%, 12/15/31 | 1252000 | 1125 |
|  Duke Energy Progress LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 8/15/50 | 1268000 | 760 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 10/15/46 | 286000 | 221 |
|  Entergy Arkansas LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 6/15/51 | 1132000 | 685 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 1/15/33 | 1885000 | 1949 |
|  Entergy Mississippi LLC<br>5.800%, 4/15/55 | 1229000 | 1259 |
|  Exelon Corp.<br>5.875%, 3/15/55 | 1892000 | 1925 |
|  FirstEnergy Pennsylvania Electric Co.<br>3.250%, 3/15/28 144A | 1224000 | 1194 |

---

**5** 

------

Select Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Corporate Bonds (26.0%) | Shares/ Par <sup>+</sup> | Value<br> $(000's) |
|  **Utilities continued** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 1/15/29 144A | 1477000 | 1479 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 4/1/28 144A | 967000 | 989 |
|  Georgia Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 10/1/28 | 2211000 | 2211 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 3/15/31 | 893000 | 917 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 3/15/35 | 493000 | 505 |
|  Jersey Central Power & Light Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 3/1/32 144A | 1381000 | 1235 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 1/15/29 144A | 1334000 | 1332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 1/15/31 144A | 2223000 | 2215 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 1/15/35 | 1118000 | 1133 |
|  MidAmerican Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 8/1/52 | 1089000 | 685 |
|  Mississippi Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 7/30/51 | 1507000 | 1017 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 3/15/42 | 639000 | 557 |
|  Northern States Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 5/15/35 | 2056000 | 2097 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 3/15/54 | 760000 | 753 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 6/15/54 | 825000 | 851 |
|  NRG Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.734%, 10/15/30 144A | 1932000 | 1931 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.407%, 10/15/35 144A | 966000 | 969 |
|  NSTAR Electric Co.<br>5.400%, 6/1/34 | 1451000 | 1510 |
|  Ohio Edison Co.<br>4.950%, 12/15/29 144A | 1237000 | 1264 |
|  Oncor Electric Delivery Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 4/1/35 144A | 1155000 | 1195 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 4/1/55 144A | 1348000 | 1386 |
|  Pacific Gas & Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 8/1/50 | 477000 | 325 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 12/1/47 | 2914000 | 2178 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 6/1/41 | 730000 | 598 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 7/1/50 | 3589000 | 3080 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 10/15/32 | 2064000 | 2060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.100%, 10/15/55 | 1323000 | 1321 |
|  PECO Energy Co.<br>2.850%, 9/15/51 | 1516000 | 974 |
|  PPL Capital Funding, Inc.<br>5.250%, 9/1/34 | 873000 | 893 |
|  Public Service Company of Oklahoma<br>3.150%, 8/15/51 | 850000 | 555 |
|  Public Service Electric & Gas Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.900%, 8/15/31 | 2159000 | 1893 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.050%, 8/1/50 | 349000 | 189 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 5/1/50 | 588000 | 372 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 8/15/35 | 1652000 | 1665 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 3/1/35 | 1451000 | 1480 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 3/1/55 | 575000 | 578 |
|  Sempra |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.550%, (US Treasury Yield Curve Rate T Note Constant Maturity 5 year plus 2.138%), 4/1/55 α | 274000 | 280 |
|  Southern California Edison Co.<br>4.125%, 3/1/48 | 946000 | 723 |
|  Trans-Allegheny Interstate Line Co.<br>5.000%, 1/15/31 144A | 1791000 | 1836 |
|  Virginia Electric & Power Co.<br>2.950%, 11/15/51 | 1257000 | 804 |

---

---

| | | |
|:---|:---|:---|
| Corporate Bonds (26.0%) | Shares/ Par <sup>+</sup> | Value<br> $(000's) |
|  **Utilities continued** |  |  |
|  Wisconsin Electric Power Co.<br>4.150%, 10/15/30 | 1786000 | 1778 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **87583** |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds (Cost: $737,844)** |  | **740507** |
| Governments (21.2%) |  |  |
|  **Governments (21.2%)** |  |  |
|  Export Finance & Insurance Corp.<br>4.625%, 10/26/27 144A | 3290000 | 3346 |
|  Israel Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 7/3/50 | 775000 | 557 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 1/17/33 | 553000 | 539 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 2/19/30 | 2832000 | 2921 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 3/12/54 | 2131000 | 2016 |
|  Kuwait International Government Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.016%, 10/9/28 144A | 4438000 | 4438 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.136%, 10/9/30 144A | 4429000 | 4429 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.652%, 10/9/35 144A | 2511000 | 2511 |
|  Republic of Paraguay |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 3/30/50 144A | 2879000 | 2642 |
|  United Mexican States |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 2/12/34 | 1750000 | 1520 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 2/12/52 | 1249000 | 931 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 1/23/46 | 1349000 | 1080 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 2/10/48 | 1184000 | 933 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 3/22/31 | 3380000 | 3350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 3/8/44 | 1304000 | 1083 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 3/22/33 | 5562000 | 5545 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 9/22/35 | 1322000 | 1316 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 1/29/38 | 1994000 | 2096 |
|  US Treasury |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.125%, 8/15/40 | 15309000 | 9654 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.375%, 11/15/40 | 18590000 | 12129 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 8/15/41 | 56853000 | 38576 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.875%, 2/15/32 | 253000 | 224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 11/15/41 | 65409000 | 45935 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 8/15/46 | 10114000 | 6748 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 8/15/49 | 15525000 | 9909 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 2/15/42 | 19695000 | 14594 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 5/15/46 | 11064000 | 7780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 2/15/48 | 48477000 | 36608 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 8/15/48 | 21875000 | 16447 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 2/15/49 | 26112000 | 19551 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 5/15/48 | 40317000 | 31088 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 9/15/28 | 31385000 | 31172 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 9/30/27 | 15825000 | 15791 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 3/31/30 | 22193000 | 22102 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 9/30/30 | 91129000 | 90666 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 6/30/30 | 10315000 | 10319 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 7/31/30 | 6767000 | 6808 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 9/30/32 | 3595000 | 3583 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 7/31/30 | 25182000 | 25466 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 8/31/30 | 18746000 | 19060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 8/15/35 | 19466000 | 19624 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 9/30/30 | 1466000 | 1524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 5/15/55 | 40522000 | 40649 |

---

**6** 

------

Select Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Governments (21.2%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Governments continued** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 8/15/45 | 26406000 | 26996 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **604256** |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Governments (Cost: $602,080)** |  | **604256** |
| Municipal Bonds (0.1%) |  |  |
|  **Municipal Bonds (0.1%)** |  |  |
|  North Texas Tollway Authority<br>6.718%, 1/1/49 RB | 1241000 | 1382 |
|  The Ohio State University<br>4.800%, 6/1/11 RB | 148000 | 126 |
|  Port Authority of New York & New Jersey<br>4.458%, 10/1/62 RB | 2355000 | 2010 |
|  The University of Texas System<br>2.439%, 8/15/49 RB | 785000 | 491 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Municipal Bonds (Cost: $5,095)** |  | **4009** |
| Structured Products (52.1%) |  |  |
|  **Asset Backed Securities (8.3%)** |  |  |
|  Ally Auto Receivables Trust, Series 2022-3, Class A4<br>5.070%, 6/15/31 | 1172000 | 1178 |
|  American Express Credit Account Master Trust Series 2023-4, Class A<br>5.150%, 9/16/30 | 4288000 | 4434 |
|  American Express Credit Account Master Trust Series 2025-2, Class A<br>4.280%, 4/15/30 | 5403000 | 5455 |
|  American Express Credit Account Master Trust Series 2025-4, Class A<br>4.300%, 7/15/30 | 9498000 | 9600 |
|  American Express Credit Account Master Trust Series 2025-5, Class A<br>4.510%, 7/15/32 | 5021000 | 5128 |
|  AmeriCredit Automobile Receivables Trust, Series 2023-1, Class A3<br>5.620%, 11/18/27 | 545127 | 547 |
|  AmeriCredit Automobile Receivables Trust, Series 2023-2, Class A3<br>5.810%, 5/18/28 | 2021497 | 2037 |
|  AutoNation Finance Trust, Series 2025-1A, Class A3<br>4.620%, 11/13/29 144A | 1891000 | 1909 |
|  BA Credit Card Trust, Series 2025-A1, Class A<br>4.310%, 5/15/30 | 5726000 | 5791 |
|  Barclays Dryrock Issuance Trust, Series 2025-1, Class A<br>3.970%, 7/15/31 | 4348000 | 4345 |
|  Capital One Multi-Asset Execution Trust, Series 2025-A1, Class A<br>3.820%, 9/16/30 | 821000 | 821 |
|  Capital One Multi-Asset Execution Trust, Series 2025-A2, Class A<br>4.020%, 9/15/32 | 963000 | 961 |
|  Carmax Auto Owner Trust, Series 2025-2, Class A3<br>4.480%, 3/15/30 | 4491000 | 4538 |
|  CarMax Auto Owner Trust, Series 2025-3, Class A3<br>4.350%, 7/15/30 | 2628000 | 2649 |

---

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Asset Backed Securities continued** |  |  |
|  CarMax Auto Owner Trust, Series 2025-3,<br>Class A4<br>4.470%, 1/15/31 | 1793000 | 1817 |
|  Chase Auto Owner Trust, Series 2022-AA,<br>Class A4<br>3.990%, 3/27/28 144A | 1504000 | 1502 |
|  Chase Issuance Trust, Series 2024-A2, Class A<br>4.630%, 1/15/31 | 3608000 | 3688 |
|  Chase Issuance Trust, Series 2025-A1, Class A<br>4.160%, 7/15/30 | 1317000 | 1325 |
|  Citibank Credit Card Issuance Trust, Series 2025-A1, Class A<br>4.300%, 6/21/30 | 4309000 | 4354 |
|  College Avenue Student Loans LLC, Series 2017-A, Class A1<br>5.922%, (US SOFR 1 Month plus 1.765%), 11/26/46 144A | 410554 | 414 |
|  College Avenue Student Loans LLC, Series 2018-A, Class A2<br>4.130%, 12/26/47 144A | 386768 | 381 |
|  College Avenue Student Loans LLC, Series 2019-A, Class A2<br>3.280%, 12/28/48 144A | 803800 | 772 |
|  Ford Credit Auto Lease Trust, Series 2024-A, Class A4<br>5.050%, 6/15/27 | 1103000 | 1110 |
|  Ford Credit Auto Owner Trust, Series 2022-1, Class A<br>3.880%, 11/15/34 144A | 3600000 | 3593 |
|  Ford Credit Auto Owner Trust, Series 2022-D, Class A4<br>5.300%, 3/15/28 | 1060000 | 1071 |
|  Ford Credit Auto Owner Trust, Series 2024-D, Class A3<br>4.610%, 8/15/29 | 1067000 | 1079 |
|  Ford Credit Auto Owner Trust, Series 2025-1, Class A<br>4.860%, 8/15/37 144A ∑  | 5717000 | 5865 |
|  Ford Credit Auto Owner Trust, Series 2025-2, Class A<br>4.370%, 2/15/38 144A ∑  | 3736000 | 3757 |
|  Ford Credit Auto Owner Trust, Series 2025-B, Class A4<br>3.950%, 7/15/31 | 3305000 | 3302 |
|  Ford Credit Floorplan Master Owner Trust, Series 2024-3, Class A1<br>4.300%, 9/15/29 144A | 6050000 | 6077 |
|  Ford Credit Floorplan Master Owner Trust, Series 2025-1, Class A1<br>4.630%, 4/15/30 | 4654000 | 4720 |
|  GM Financial Automobile Leasing Trust, Series 2023-3, Class A4<br>5.440%, 8/20/27 | 955000 | 958 |
|  GM Financial Revolving Receivables Trust, Series 2024-1, Class A<br>4.980%, 12/11/36 144A | 769000 | 789 |
|  GM Financial Revolving Receivables Trust, Series 2024-2, Class A<br>4.520%, 3/11/37 144A | 1506000 | 1525 |

---

**7** 

------

Select Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Asset Backed Securities continued** |  |  |
|  GM Financial Revolving Receivables Trust, Series 2025-1, Class A<br>4.640%, 12/11/37 144A | 8025000 | 8167 |
|  GMF Floorplan Owner Revolving Trust, Series 2024-4A, Class A1<br>4.730%, 11/15/29 144A | 3613000 | 3664 |
|  GMF Floorplan Owner Revolving Trust, Series 2025-2A, Class A<br>4.640%, 3/15/30 144A | 4883000 | 4946 |
|  Honda Auto Receivables Owner Trust, Series 2025-3, Class A4<br>4.100%, 11/21/31 | 2586000 | 2594 |
|  Hyundai Auto Lease Securitization Trust, Series 2025-B, Class A3<br>4.530%, 4/17/28 144A | 3749000 | 3782 |
|  Hyundai Auto Receivables Trust, Series 2022- A, Class A4<br>2.350%, 4/17/28 | 929235 | 926 |
|  Hyundai Auto Receivables Trust, Series 2023- A, Class A4<br>4.480%, 7/17/28 | 2148000 | 2155 |
|  Hyundai Auto Receivables Trust, Series 2023- B, Class A3<br>5.480%, 4/17/28 | 836407 | 843 |
|  Mercedes-Benz Auto Receivables Trust, Series 2022-1, Class A4<br>5.250%, 2/15/29 | 2454000 | 2484 |
|  Mercedes-Benz Auto Receivables Trust, Series 2025-1, Class A3<br>4.780%, 12/17/29 | 2096000 | 2124 |
|  Navient Private Education Refi Loan Trust, Series 2018-DA, Class A2A<br>4.000%, 12/15/59 144A | 783022 | 778 |
|  Navient Private Education Refi Loan Trust, Series 2019-A, Class A2A<br>3.420%, 1/15/43 144A | 299072 | 298 |
|  Navient Private Education Refi Loan Trust, Series 2019-CA, Class A2<br>3.130%, 2/15/68 144A | 394873 | 390 |
|  Navient Private Education Refi Loan Trust, Series 2019-D, Class A2A<br>3.010%, 12/15/59 144A | 1832548 | 1783 |
|  Navient Private Education Refi Loan Trust, Series 2019-FA, Class A2<br>2.600%, 8/15/68 144A | 1004692 | 972 |
|  Navient Private Education Refi Loan Trust, Series 2020-EA, Class A<br>1.690%, 5/15/69 144A | 61405 | 58 |
|  Navient Private Education Refi Loan Trust, Series 2020-GA, Class A<br>1.170%, 9/16/69 144A | 1113128 | 1045 |
|  Navient Private Education Refi Loan Trust, Series 2021-BA, Class A<br>0.940%, 7/15/69 144A | 522944 | 478 |
|  Navient Private Education Refi Loan Trust, Series 2021-CA, Class A<br>1.060%, 10/15/69 144A | 1847402 | 1684 |
|  Navient Private Education Refi Loan Trust, Series 2021-EA, Class A<br>0.970%, 12/16/69 144A | 3129121 | 2820 |

---

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Asset Backed Securities continued** |  |  |
|  Navient Private Education Refi Loan Trust, Series 2021-FA, Class A<br>1.110%, 2/18/70 144A | 1995448 | 1780 |
|  Navient Private Education Refi Loan Trust, Series 2021-GA, Class A<br>1.580%, 4/15/70 144A | 509798 | 461 |
|  Navient Private Education Refi Loan Trust, Series 2022-A, Class A<br>2.230%, 7/15/70 144A | 5068630 | 4627 |
|  Navient Student Loan Trust, Series 2021-3A, Class A1A<br>1.770%, 8/25/70 144A | 2074544 | 1828 |
|  Nelnet Student Loan Trust, Series 2004-4, Class A5<br>4.762%, (US 90 Day Average SOFR plus 0.422%), 1/25/37 | 718773 | 717 |
|  Nelnet Student Loan Trust, Series 2005-1, Class A5<br>4.712%, (US 90 Day Average SOFR plus 0.372%), 10/25/33 | 2416607 | 2399 |
|  Nelnet Student Loan Trust, Series 2005-2, Class A5<br>4.739%, (US 90 Day Average SOFR plus 0.362%), 3/23/37 | 2203259 | 2187 |
|  Nelnet Student Loan Trust, Series 2005-3, Class A5<br>4.759%, (US 90 Day Average SOFR plus 0.382%), 12/24/35 | 1640651 | 1631 |
|  Nissan Auto Receivables Owner Trust, Series 2022-B, Class A4<br>4.450%, 11/15/29 | 1459000 | 1466 |
|  PenFed Auto Receivables Owner Trust, Series 2022-A, Class A4<br>4.180%, 12/15/28 144A | 240496 | 240 |
|  Santander Drive Auto Receivables Trust, Series 2024-3, Class A3<br>5.630%, 1/16/29 | 1988130 | 1998 |
|  Santander Drive Auto Receivables Trust, Series 2025-2, Class A3<br>4.670%, 8/15/29 | 2360000 | 2379 |
|  Santander Drive Auto Receivables Trust, Series 2025-3, Class A3<br>4.380%, 1/15/30 | 2895000 | 2912 |
|  SBNA Auto Lease Trust, Series 2024-C, Class A4<br>4.420%, 3/20/29 144A | 1391000 | 1397 |
|  SBNA Auto Receivables Trust, Series 2024-A, Class A3<br>5.320%, 12/15/28 144A | 936994 | 941 |
|  SBNA Auto Receivables Trust, Series 2024-A, Class A4<br>5.210%, 4/16/29 144A | 636000 | 642 |
|  SFS Auto Receivables Securitization Trust, Series 2024-1A, Class A3<br>4.950%, 5/21/29 144A | 2954083 | 2974 |
|  SFS Auto Receivables Securitization Trust, Series 2024-1A, Class A4<br>4.940%, 1/21/31 144A | 557000 | 566 |
|  SFS Auto Receivables Securitization Trust, Series 2024-2A, Class A3<br>5.330%, 11/20/29 144A | 2099000 | 2124 |

---

**8** 

------

Select Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Asset Backed Securities continued** |  |  |
|  SFS Auto Receivables Securitization Trust, Series 2025-2A, Class A4<br>4.580%, 5/20/31 144A | 1765000 | 1793 |
|  SMB Private Education Loan Trust, Series 2021-A, Class APT1<br>1.070%, 1/15/53 144A | 2815057 | 2572 |
|  SoFi Professional Loan Program LLC, Series 2021-B, Class AFX<br>1.140%, 2/15/47 144A | 1521752 | 1335 |
|  Synchrony Card Funding LLC, Series 2025- A2, Class A<br>4.490%, 5/15/31 | 2933000 | 2968 |
|  Synchrony Card Issuance Trust, Series 2025- A1, Class A<br>4.780%, 2/18/31 | 3250000 | 3307 |
|  T-Mobile US Trust, Series 2024-2A, Class A<br>4.250%, 5/21/29 144A | 6373000 | 6397 |
|  T-Mobile US Trust, Series 2025-1A, Class A<br>4.740%, 11/20/29 144A | 2387000 | 2417 |
|  T-Mobile US Trust, Series 2025-2A, Class A<br>4.340%, 4/22/30 144A | 1987000 | 2001 |
|  Toyota Auto Receivables Owner Trust, Series 2022-D, Class A4<br>5.430%, 4/17/28 | 1337000 | 1361 |
|  Toyota Auto Receivables Owner Trust, Series 2025-B, Class A3<br>4.340%, 11/15/29 | 497000 | 501 |
|  USB Auto Owner Trust, Series 2025-1A, Class A3<br>4.490%, 6/17/30 144A | 2155000 | 2176 |
|  USB Auto Owner Trust, Series 2025-1A, Class A4<br>4.620%, 12/16/30 144A | 644000 | 655 |
|  Verizon Master Trust, Series 2023-4, Class A1A<br>5.160%, 6/20/29 | 7176000 | 7231 |
|  Verizon Master Trust, Series 2024-7, Class A<br>4.350%, 8/20/32 144A | 4438000 | 4479 |
|  Verizon Master Trust, Series 2025-2, Class A<br>4.940%, 1/20/33 144A | 5536000 | 5697 |
|  Verizon Master Trust, Series 2025-3, Class A1A<br>4.510%, 3/20/30 | 5037000 | 5079 |
|  Verizon Master Trust,Series 2025-4, Class A<br>4.760%, 3/21/33 144A | 3564000 | 3654 |
|  Volkswagen Auto Lease Trust, Series 2025-B,<br>Class A3<br>4.010%, 1/22/29 | 5513000 | 5521 |
|  Volkswagen Auto Loan Enhanced Trust, Series 2024-1, Class A3<br>4.630%, 7/20/29 | 1375000 | 1391 |
|  World Financial Network Credit Card Master Trust, Series 2024-A, Class A<br>5.470%, 2/17/131 | 723000 | 739 |
|  World Omni Auto Receivables Trust, Series 2025-C, Class A4<br>4.190%, 11/17/31 | 1591000 | 1600 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **235626** |

---

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Mortgage Securities (43.8%)** |  |  |
|  Angel Oak Mortgage Trust, Series 2020-2,<br>Class A1A<br>2.531%, (AFC), 1/26/65 144A | 582792 | 554 |
|  Angel Oak Mortgage Trust, Series 2020-5, Class A1<br>1.373%, (AFC), 5/25/65 144A | 119247 | 115 |
|  Angel Oak Mortgage Trust, Series 2021-6, Class A1<br>1.458%, (AFC), 9/25/66 144A | 1297604 | 1104 |
|  BANK, Series 2022-BNK44, Class A5<br>5.935%, (CSTR), 11/15/55 | 1073000 | 1136 |
|  BBCMS Mortgage Trust, Series 2018-C2,<br>Class ASB<br>4.236%, 12/15/51 | 416656 | 417 |
|  BBCMS Mortgage Trust, Series 2022-C17,<br>Class A5<br>4.441%, 9/15/55 | 2207000 | 2174 |
|  BBCMS Mortgage Trust, Series 2025-5C33,<br>Class A4<br>5.839%, 3/15/58 | 2742000 | 2890 |
|  BBCMS Mortgage Trust, Series 2025-5C37,<br>Class A3<br>5.015%, 9/15/58 | 1842000 | 1883 |
|  BBCMS Mortgage Trust, Series 2025-C35,<br>Class A5<br>5.586%, (AFC), 7/15/58 | 686000 | 724 |
|  Benchmark Mortgage Trust, Series 2021-B25, Class A4<br>2.268%, 4/15/54 | 910000 | 827 |
|  BMO Mortgage Trust, Series 2025-5C10, Class A3<br>5.578%, 5/15/58 | 1367000 | 1425 |
|  BMO Mortgage Trust, Series 2025-C11, Class A5<br>5.687%, 2/15/58 | 1380000 | 1464 |
|  BMO Mortgage Trust, Series 2025-C12, Class A5<br>5.871%, (AFC), 6/15/58 | 911000 | 978 |
|  Bunker **Hill** Loan Depositary Trust, Series 2019-2, Class A1<br>2.879%, (AFC), 7/25/49 144A S | 417870 | 410 |
|  BX Commercial Mortgage Trust, Series 2021 - VOLT, Class A<br>4.965%, (US SOFR 1 Month plus 0.815%), 9/15136 144A | 5877880 | 5860 |
|  BX Trust Series 2025-VLT7, Class A<br>5.850%, (US SOFR 1 Month plus 1700%), 7/15/44 144A | 1737000 | 1741 |
|  Citigroup Mortgage Loan Trust, Series 2005-1, Class 3A1<br>6.500%, 4/25/35 | 45312 | 46 |
|  COLT Mortgage Loan Trust, Series 2021-2,<br>Class A1<br>0.924%, (AFC), 8/25/66 144A | 1641749 | 1392 |
|  COLT Mortgage Loan Trust Series 2021-4,<br>Class A1<br>1.397%, (AFC), 10/25/66 144A | 1816106 | 1557 |
|  Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 6/1/40 | 5479975 | 4828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 7/1/40 | 7870807 | 6931 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 8/1/40 | 5860457 | 5155 |

---

**9** 

------

Select Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Mortgage Securities continued** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 10/1/40 | 4945292 | 4344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 11/1/40 | 9791395 | 8595 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 3/1/42 | 2438233 | 2105 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 2/1/47 | 979664 | 796 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 12/1/51 | 767696 | 634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 7/1/33 | 2929745 | 2886 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 4/1/37 | 1692168 | 1605 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 4/1/42 | 918938 | 816 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 5/1/42 | 3363660 | 2999 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 6/1/42 | 1199701 | 1069 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 8/1/43 | 2643985 | 2399 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 6/1/46 | 3116702 | 2820 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 11/1/46 | 2140029 | 1857 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 8/1/50 | 1905434 | 1642 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 10/1/50 | 1310998 | 1127 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 11/1/50 | 9801744 | 8409 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 5/1/51 | 4779349 | 4114 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 7/1/51 | 2416950 | 2073 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 9/1/51 | 5552523 | 4779 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 11/1/51 | 1114029 | 959 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 1/1/52 | 28962243 | 24878 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 2/1/52 | 647881 | 553 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 3/1/52 | 2018498 | 1721 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 4/1/52 | 3669178 | 3143 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 3/1/43 | 1042117 | 958 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 4/1/43 | 4097197 | 3768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 5/1/43 | 1276511 | 1175 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 8/1/43 | 2689374 | 2473 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 2/1/45 | 3629395 | 3315 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 4/1/45 | 3969447 | 3649 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 5/1/45 | 2028321 | 1845 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 1/1/46 | 1794078 | 1651 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 9/1/46 | 2753512 | 2491 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 2/1/47 | 657589 | 606 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 4/1/47 | 12417570 | 11228 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 11/1/48 | 5445004 | 4920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 4/1/49 | 2286987 | 2067 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 5/1/49 | 1394721 | 1261 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 11/1/49 | 1702086 | 1538 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 1/1/50 | 2841199 | 2567 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.104%, (FTSE USD IBOR Consumer Cash Fallbacks Term 1 Year plus 1.621%), 2/1/50 | 1544801 | 1557 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.951%, (US 30 Day Average SOFR plus 2.140%), 8/1/52 | 1656442 | 1618 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 3/1/50 | 5282018 | 5108 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.218%, (US 30 Day Average SOFR plus 2.306%), 5/1/53 | 4682617 | 4679 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 6/1/39 | 65326 | 65 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 7/1/39 | 75179 | 75 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.611%, (US 30 Day Average SOFR plus 2.352%), 3/1/53 | 3104153 | 3088 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.828%, (US 30 Day Average SOFR plus 2.151%), 1/1/55 | 2562764 | 2587 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.848%, (US 30 Day Average SOFR plus 2.245%), 6/1/55 | 8251112 | 8264 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.895%, (US 30 Day Average SOFR plus 2.325%), 10/1/54 | 2203429 | 2222 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.980%, (US 30 Day Average SOFR plus 2.060%), 6/1/55 | 1343047 | 1353 |

---

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Mortgage Securities continued** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.988%, (US 30 Day Average SOFR plus<br>2.257%), 2/1/54 | 974749 | 985 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.016%, (US 30 Day Average SOFR plus<br>2.140%), 6/1/55 | 1539284 | 1554 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.069%, (US 30 Day Average SOFR plus<br>2.060%), 7/1/55 | 838189 | 845 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.104%, (US 30 Day Average SOFR plus<br>2.194%), 8/1/55 | 745089 | 753 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.106%, (US 30 Day Average SOFR plus<br>2.161%), 6/1/55 | 1316088 | 1327 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.121%, (US 30 Day Average SOFR plus<br>2.227%), 6/1/55 | 7192505 | 7252 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.141%, (US 30 Day Average SOFR plus<br>2.060%), 7/1/55 | 1241777 | 1251 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.198%, (US 30 Day Average SOFR plus<br>2.203%), 6/1/55 | 2166266 | 2189 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.220%, (US 30 Day Average SOFR plus<br>2.265%), 1/1/55 | 7024640 | 7091 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.263%, (US 30 Day Average SOFR plus<br>2.075%), 7/1/55 | 3429339 | 3463 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.303%, (US 30 Day Average SOFR plus<br>2.075%), 7/1/55 | 1390013 | 1407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.322%, (US 30 Day Average SOFR plus<br>2.105%), 8/1/55 | 1271405 | 1288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.337%, (US 30 Day Average SOFR plus<br>2.330%), 8/1/55 | 1562510 | 1578 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.431%, (US 30 Day Average SOFR plus<br>2.330%), 8/1/55 | 2010698 | 2028 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.446%, (US 30 Day Average SOFR plus<br>2.090%), 5/1/55 | 883732 | 895 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 5/1/55 | 11244227 | 11372 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 7/1/55 | 5825241 | 5875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.612%, (US 30 Day Average SOFR plus<br>2.330%), 7/1/55 | 2378853 | 2403 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.818%, (FTSE USD IBOR Consumer Cash Fallbacks Term 1 Year plus 1.640%), 11/1/48 | 885209 | 924 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 9/1/54 | 16834306 | 17568 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 10/1/54 | 2927208 | 3055 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 5/1/55 | 10936449 | 11207 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 6/1/55 | 4362094 | 4463 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 9/1/54 | 6482753 | 6850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 10/1/54 | 2022290 | 2140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 11/1/54 | 507501 | 535 |
| &nbsp;&nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. Stripped, Series 264, Class 30<br>3.000%, 7/15/42 | 2169705 | 2003 |
| &nbsp;&nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. Stripped, Series 326, Class F2<br>5.037%, (US 30 Day Average SOFR plus<br>0.665%), 3/15/44 | 999520 | 996 |
| &nbsp;&nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp., Series 1582, Class M<br>2.500%, 5/25/49 | 1341205 | 1202 |
| &nbsp;&nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp., Series 2439, Class LH<br>6.000%, 4/15/32 | 80006 | 83 |
| &nbsp;&nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp., Series 3693, Class FC<br>4.987%, (US 30 Day Average SOFR plus<br>0.615%), 7/15/40 | 660467 | 656 |

---

**10** 

------

Select Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares / Par <sup>+</sup> | Value<br>$(000's) |
|  **Mortgage Securities continued** |  |  |
|  Federal Home Loan Mortgage Corp., Series 3919, Class FA<br>4.987%, (US 30 Day Average SOFR plus 0.615%), 9/15/41 | 638019 | 633 |
|  Federal Home Loan Mortgage Corp., Series 3958, Class AF<br>4.937%, (US 30 Day Average SOFR plus 0.565%), 11/15/41 | 598017 | 592 |
|  Federal Home Loan Mortgage Corp., Series 3975, Class FA<br>4.977%, (US 30 Day Average SOFR plus 0.605%), 12/15/41 | 551164 | 547 |
|  Federal Home Loan Mortgage Corp., Series 3990, Class FG<br>4.937%, (US 30 Day Average SOFR plus 0.565%), 1/15/42 | 685572 | 679 |
|  Federal Home Loan Mortgage Corp., Series 4059, Class FP<br>4.937%, (US 30 Day Average SOFR plus 0.565%), 6/15/42 | 807179 | 799 |
|  Federal Home Loan Mortgage Corp., Series 4091, Class BX<br>3.250%, 10/15/41 | 1324833 | 1255 |
|  Federal Home Loan Mortgage Corp., Series 4091, Class EX<br>3.375%, 7/15/42 | 845566 | 799 |
|  Federal Home Loan Mortgage Corp., Series 4091, Class FN<br>4.887%, (US 30 Day Average SOFR plus 0.515%), 8/15/42 | 787880 | 776 |
|  Federal Home Loan Mortgage Corp., Series 4091, Class MX<br>3.250%, 2/15/42 | 1004136 | 944 |
|  Federal Home Loan Mortgage Corp., Series 4160, Class HP<br>2.500%, 1/15/33 | 802666 | 773 |
|  Federal Home Loan Mortgage Corp., Series 4177, Class HB<br>2.500%, 10/15/42 | 870853 | 786 |
| &nbsp;&nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp., Series 4184, Class FN<br>4.837%, (US 30 Day Average SOFR plus 0.465%), 3/15/43 | 457510 | 450 |
|  Federal Home Loan Mortgage Corp., Series 4205, Class PA<br>1.750%, 5/15/43 | 731040 | 641 |
|  Federal Home Loan Mortgage Corp., Series 4240, Class FA<br>4.987%, (US 30 Day Average SOFR plus 0.615%), 8/15/43 | 2390657 | 2354 |
|  Federal Home Loan Mortgage Corp., Series 4281, Class FA<br>4.887%, (US 30 Day Average SOFR plus 0.515%), 12/15/43 | 357597 | 354 |
|  Federal Home Loan Mortgage Corp., Series 4303, Class FA<br>4.837%, (US 30 Day Average SOFR plus 0.465%), 2/15/44 | 648437 | 639 |
|  Federal Home Loan Mortgage Corp., Series 4427, Class CE<br>3.000%, 2/15/34 | 185532 | 184 |

---

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares / Par <sup>+</sup> | Value<br>$(000's) |
|  **Mortgage Securities continued** |  |  |
|  Federal Home Loan Mortgage Corp., Series 4446, Class CP<br>2.250%, 3/15/45 | 1089833 | 982 |
|  Federal Home Loan Mortgage Corp., Series 4582, Class HA<br>3.000%, 9/15/45 | 4046370 | 3826 |
|  Federal Home Loan Mortgage Corp., Series 4587, Class AF<br>4.837%, (US 30 Day Average SOFR plus 0.465%), 6/15/46 | 1127156 | 1119 |
|  Federal Home Loan Mortgage Corp., Series 4604, Class FB<br>4.887%, (US 30 Day Average SOFR plus 0.515%), 8/15/46 | 2185404 | 2164 |
|  Federal Home Loan Mortgage Corp., Series 4611, Class BF<br>4.887%, (US 30 Day Average SOFR plus 0.515%), 6/15/41 | 8347143 | 8254 |
|  Federal Home Loan Mortgage Corp., Series 4620, Class LF<br>4.887%, (US 30 Day Average SOFR plus 0.515%), 10/15/46 | 1178079 | 1168 |
|  Federal Home Loan Mortgage Corp., Series 4628, Class KF<br>4.987%, (US 30 Day Average SOFR plus 0.615%), 1/15/55 | 1288565 | 1253 |
|  Federal Home Loan Mortgage Corp., Series 4709, Class FA<br>4.787%, (US 30 Day Average SOFR plus 0.415%), 8/15/47 | 876228 | 864 |
|  Federal Home Loan Mortgage Corp., Series 4719, Class LA<br>3.500%, 9/15/47 | 1195654 | 1124 |
|  Federal Home Loan Mortgage Corp., Series 4719, Class LM<br>3.000%, 9/15/47 | 933282 | 850 |
|  Federal Home Loan Mortgage Corp., Series 4742, Class PA<br>3.000%, 10/15/47 | 1616400 | 1488 |
|  Federal Home Loan Mortgage Corp., Series 4753, Class BD<br>3.000%, 1/15/48 | 1028169 | 929 |
|  Federal Home Loan Mortgage Corp., Series 4826, Class KF<br>4.787%, (US 30 Day Average SOFR plus 0.415%), 9/15/48 | 782349 | 763 |
|  Federal Home Loan Mortgage Corp., Series 4854, Class FB<br>4.787%, (US 30 Day Average SOFR plus 0.415%), 1/15/49 | 2219912 | 2194 |
|  Federal Home Loan Mortgage Corp., Series 4857, Class JA<br>3.350%, 1/15/49 | 3452962 | 3328 |
|  Federal Home Loan Mortgage Corp., Series 4880, Class DA<br>3.000%, 5/15/50 | 1546971 | 1438 |
|  Federal Home Loan Mortgage Corp., Series 4903, Class NF<br>4.871%, (US 30 Day Average SOFR plus 0.515%), 8/25/49 | 718700 | 705 |

---

**11** 

------

Select Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares / Par <sup>+</sup> | Value<br>$(000's) |
|  **Mortgage Securities continued** |  |  |
|  Federal Home Loan Mortgage Corp., Series 4927, Class BG<br>3.000%, 11/25/49 | 1629440 | 1507 |
|  Federal Home Loan Mortgage Corp., Series 4937, Class MD<br>2.500%, 10/25/49 | 1582131 | 1411 |
|  Federal Home Loan Mortgage Corp., Series 4940, Class AG<br>3.000%, 5/15/40 | 996390 | 949 |
|  Federal Home Loan Mortgage Corp., Series 4941, Class GA<br>2.000%, 12/15/47 | 919148 | 777 |
|  Federal Home Loan Mortgage Corp., Series 4954, Class LB<br>2.500%, 2/25/50 | 734207 | 650 |
|  Federal Home Loan Mortgage Corp., Series 4957, Class MY<br>3.000%, 2/25/50 | 1143000 | 962 |
|  Federal Home Loan Mortgage Corp., Series 4988, Class KF<br>4.821%, (US 30 Day Average SOFR plus 0.465%), 7/25/50 | 1249391 | 1235 |
|  Federal Home Loan Mortgage Corp., Series 4993, Class KF<br>4.921%, (US 30 Day Average SOFR plus 0.565%), 7/25/50 | 7374319 | 7133 |
|  Federal Home Loan Mortgage Corp., Series 5004, Class FM<br>4.821%, (US 30 Day Average SOFR plus 0.465%), 8/25/50 | 1465346 | 1406 |
|  Federal Home Loan Mortgage Corp., Series 5020, Class ET<br>3.500%, 10/25/50 | 1399408 | 1291 |
|  Federal Home Loan Mortgage Corp., Series 5058, Class BC<br>5.000%, 11/25/50 | 1039794 | 1031 |
|  Federal Home Loan Mortgage Corp., Series 5091, Class AB<br>1.500%, 3/25/51 | 2535351 | 2084 |
|  Federal Home Loan Mortgage Corp., Series 5092, Class HE<br>2.000%, 2/25/51 | 1695793 | 1438 |
|  Federal Home Loan Mortgage Corp., Series 5116, Class PB<br>2.250%, 2/25/51 | 1735261 | 1525 |
|  Federal Home Loan Mortgage Corp., Series 5118, Class CA<br>1.500%, 10/15/33 | 1665887 | 1548 |
|  Federal Home Loan Mortgage Corp., Series 5119, Class QF<br>4.556%, (US 30 Day Average SOFR plus 0 200%), 6/25/51 | 2157065 | 2031 |
|  Federal Home Loan Mortgage Corp., Series 5178, Class TP<br>2.500%, 4/25/49 | 2287074 | 2045 |
|  Federal Home Loan Mortgage Corp., Series 5201, Class CA<br>2.500%, 7/25/48 | 1899392 | 1746 |
|  Federal Home Loan Mortgage Corp., Series 5202, Class BH<br>2.000%, 12/25/47 | 1000038 | 922 |

---

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares / Par <sup>+</sup> | Value<br>$(000's) |
|  **Mortgage Securities continued** |  |  |
|  Federal Home Loan Mortgage Corp., Series 5202, Class KA<br>2.500%, 6/25/49 | 1498839 | 1352 |
|  Federal Home Loan Mortgage Corp., Series 5202, Class TA<br>2.500%, 12/25/48 | 2935826 | 2707 |
|  Federal Home Loan Mortgage Corp., Series 5207, Class PA<br>3.000%, 6/25/51 | 2213127 | 1998 |
|  Federal Home Loan Mortgage Corp., Series 5210, Class DC<br>3.000%, 9/25/51 | 1506303 | 1415 |
|  Federal Home Loan Mortgage Corp., Series 5217, Class CD<br>2.500%, 7/25/49 | 1525414 | 1434 |
|  Federal Home Loan Mortgage Corp., Series 5220, Class QK<br>3.500%, 9/25/50 | 3088250 | 2961 |
|  Federal Home Loan Mortgage Corp., Series 5228, Class TN<br>3.500%, 7/25/39 | 1278884 | 1235 |
|  Federal Home Loan Mortgage Corp., Series 5335, Class FB<br>5. 187%, (US 30 Day Average SOFR plus 0.815%), 10/15/39 | 2836417 | 2844 |
|  Federal Home Loan Mortgage Corp., Series 5396, Class HF<br>5.306%, (US 30 Day Average SOFR plus 0.950%), 4/25/54 | 3936528 | 3951 |
|  Federal Home Loan Mortgage Corp., Series 5399, Class FB<br>5.256%, (US 30 Day Average SOFR plus 0.900%), 4/25/54 | 2295368 | 2292 |
|  Federal Home Loan Mortgage Corp., Series 5410, Class JY<br>3.000%, 3/15/44 | 1782000 | 1561 |
|  Federal Home Loan Mortgage Corp., Series 5451, Class FD<br>4.887%, (US 30 Day Average SOFR plus 05.15%), 1/15/44 | 1251538 | 1235 |
|  Federal Home Loan Mortgage Corp., Series 5452, Class KY<br>3.000%, 3/15/44 | 1863000 | 1619 |
|  Federal Home Loan Mortgage Corp., Series 5529, Class HA<br>3.000%, 3/15/43 | 1021524 | 971 |
|  Federal National Mortgage Association<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 6/1/40 | 1646900 | 1451 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 7/1/40 | 5549278 | 4885 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 8/1/40 | 10482511 | 9220 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 9/1/40 | 6248894 | 5493 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 10/1/40 | 7939596 | 6975 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 11/1/40 | 5578031 | 4900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 12/1/40 | 11020690 | 9691 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 10/1/41 | 3600481 | 3136 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 11/1/41 | 1171943 | 1019 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 4/1/42 | 1908813 | 1656 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 5/1/42 | 2723016 | 2351 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 4/1/46 | 6139634 | 5115 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 1/1/47 | 1169064 | 967 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 3/1/47 | 8029030 | 6635 |

---

**12** 

------

Select Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares / Par <sup>+</sup> | Value<br>$(000's) |
|  **Mortgage Securities continued** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 5/1/37 | 1854851 | 1755 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%,12/1/40 | 3392906 | 3055 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 5/1/41 | 3595996 | 3233 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 8/1/41 | 1759064 | 1580 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 2/1/42 | 1935123 | 1726 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 4/1/42 | 991704 | 874 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 5/1/42 | 2726212 | 2446 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 6/1/42 | 2380334 | 2122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%,11/1/42 | 1219680 | 1099 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%,12/1/47 | 4838658 | 4326 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 9/1/50 | 6192050 | 5320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%,10/1/50 | 3244151 | 2793 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%,11/1/50 | 1197725 | 1027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 2/1/51 | 2742258 | 2352 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 5/1/51 | 1810813 | 1549 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 6/1/51 | 2812623 | 2410 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%,12/1/51 | 2477660 | 2122 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 3/1/52 | 8967148 | 7682 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 5/1/52 | 1365646 | 1170 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.754%, (FTSE USD IBOR Consumer Cash<br>Fallbacks Term 1 Year plus 1.606%), 6/1/50 | 1098660 | 1060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 8/1/42 | 1122215 | 1032 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%,11/1/42 | 1719247 | 1581 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%,1/1/43 | 1496546 | 1427 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 2/1/43 | 10334305 | 9443 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 7/1/43 | 1413533 | 1299 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 9/1/43 | 1504826 | 1384 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%,12/1/43 | 1837670 | 1689 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%,1/1/44 | 2114172 | 1942 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 2/1/45 | 1079813 | 992 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 3/1/45 | 4451771 | 4053 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%,10/1/46 | 3434710 | 3156 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%,11/1/46 | 5295741 | 4786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%,12/1/46 | 7688485 | 6948 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 9/1/47 | 868703 | 786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%,12/1/47 | 1004645 | 911 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%,1/1/48 | 1950445 | 1792 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 2/1/48 | 1289681 | 1169 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 4/1/48 | 7445394 | 6844 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 8/1/48 | 1559094 | 1412 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%,1/1/49 | 3308815 | 3023 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%,10/1/49 | 22795090 | 20956 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 2/1/50 | 29993140 | 27207 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 5/1/50 | 6384063 | 5707 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 7/1/50 | 12501946 | 11297 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 4/1/52 | 6921299 | 6183 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 7/1/52 | 1255989 | 1119 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%,10/1/52 | 8806577 | 7953 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 2/1/55 | 1008854 | 911 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 7/1/60 | 12605941 | 11108 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 6/1/42 | 1174832 | 1121 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.500%,1/1/44 | 666918 | 634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.935%, (US 30 Day Average SOFR plus<br>2 120%), 8/1/52 | 659591 | 646 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 3/1/35 | 1126332 | 1123 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%,10/1/37 | 305750 | 305 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 9/1/45 | 327443 | 319 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%,1/1/46 | 1737845 | 1690 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 3/1/47 | 701762 | 681 |

---

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares / Par<sup>+</sup> | Value<br>$(000's) |
|  **Mortgage Securities continued** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 4/1/47 | 176715 | 171 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 10/1/47 | 201533 | 195 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 12/1/48 | 907230 | 879 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.102%, (US 30 Day Average SOFR plus<br>2.120%), 9/1/52 | 2134647 | 2135 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.130%, (US 30 Day Average SOFR plus<br>2.134%), 10/1/52 | 5251728 | 5253 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.146%, (US 30 Day Average SOFR plus<br>2.129%), 11/1/52 | 1827277 | 1828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.355%, (US 30 Day Average SOFR plus<br>2.162%), 1/1/55 | 2285951 | 2302 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.359%, (US 30 Day Average SOFR plus<br>2.125%), 7/1/52 | 2742832 | 2739 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 3/1/43 | 969663 | 970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 10/1/45 | 1519416 | 1508 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 2/1/46 | 51397 | 51 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.535%, (US 30 Day Average SOFR plus<br>2.330%), 4/1/53 | 7866887 | 7830 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.600%, (US 30 Day Average SOFR plus<br>2.126%), 8/1/52 | 3027207 | 3040 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.601%, (US 30 Day Average SOFR plus<br>2.123%), 8/1/52 | 2330898 | 2329 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.637%, (US 30 Day Average SOFR plus<br>2.128%), 8/1/52 | 1747294 | 1756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.673%, (US 30 Day Average SOFR plus<br>2.297%), 4/1/53 | 9377194 | 9476 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.866%, (US 30 Day Average SOFR plus<br>4.558%), 7/1/54 | 4750224 | 4796 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.943%, (US 30 Day Average SOFR plus 2.160%), 4/1/55 | 1870250 | 1889 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.967%, (US 30 Day Average SOFR plus<br>2.310%), 5/1/55 | 2257579 | 2277 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.014%, (US 30 Day Average SOFR plus<br>2.050%), 8/1/55 | 788346 | 797 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.053%, (US 30 Day Average SOFR plus<br>2.086%), 7/1/55 | 2260167 | 2289 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.371%, (US 30 Day Average SOFR plus<br>2.060%), 5/1/55 | 2243061 | 2277 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.402%, (US 30 Day Average SOFR plus<br>2.333%), 8/1/54 | 3265750 | 3311 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 2/1/54 | 30307969 | 30656 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 2/1/55 | 6971165 | 7031 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 3/1/55 | 6748382 | 6807 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 5/1/55 | 5533211 | 5610 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 7/1/55 | 18520748 | 18732 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.592%, (US 30 Day Average SOFR plus<br>2.060%), 8/1/55 | 2272529 | 2300 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.598%, (US 30 Day Average SOFR plus<br>2.085%), 12/1/53 | 1482254 | 1495 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.975%, (FTSE USD IBOR Consumer Cash Fallbacks Term 1 Year plus<br>1.604%), 3/1/50 | 2009783 | 2091 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 12/1/53 | 1320048 | 1370 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 6/1/54 | 1987892 | 2075 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 7/1/54 | 2193739 | 2292 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 9/1/54 | 5377646 | 5610 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 10/1/54 | 975220 | 1019 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 4/1/55 | 16087400 | 16486 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 5/1/55 | 9904035 | 10175 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 12/1/53 | 1384172 | 1468 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 9/1/54 | 2341646 | 2473 |

---

**13** 

------

Select Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares/ Par <sup>+</sup> | Value<br> $(000's) |
|  **Mortgage Securities continued** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 10/1/54 | 2083883 | 2203 |
|  Federal National Mortgage Association, Series<br>2010-107, Class FB<br>4.881%, (US 30 Day Average SOFR plus<br>0.525%), 9/25/40 | 612596 | 607 |
|  Federal National Mortgage Association, Series 2011-111, Class DB<br>4.000%, 11/25/41 | 1312623 | 1275 |
|  Federal National Mortgage Association, Series<br>2011-117, Class AF<br>4.921%, (US 30 Day Average SOFR plus<br>0.565%), 11/25/41 | 549247 | 544 |
|  Federal National Mortgage Association, Series<br>2011-117, Class FA<br>4.921%, (US 30 Day Average SOFR plus<br>0.565%), 11/25/41 | 1270225 | 1258 |
|  Federal National Mortgage Association, Series<br>2011-127, Class FC<br>4.921%, (US 30 Day Average SOFR plus<br>0.565%), 12/25/41 | 586243 | 580 |
|  Federal National Mortgage Association, Series<br>2011-142, Class EF<br>4.971%, (US 30 Day Average SOFR plus<br>0.615%), 1/25/42 | 657260 | 652 |
|  Federal National Mortgage Association, Series<br>2011-55, Class FH<br>4.911%, (US 30 Day Average SOFR plus<br>0.555%), 6/25/41 | 448434 | 445 |
|  Federal National Mortgage Association, Series<br>2012-106, Class FA<br>4.811%, (US 30 Day Average SOFR plus<br>0.455%), 10/25/42 | 521485 | 515 |
|  Federal National Mortgage Association, Series<br>2012-12, Class FA<br>4.971%, (US 30 Day Average SOFR plus<br>0.615%), 2/25/42 | 579720 | 575 |
|  Federal National Mortgage Association, Series<br>2012-151, Class NX<br>1.500%, 1/25/43 | 728541 | 636 |
|  Federal National Mortgage Association, Series<br>2012-47, Class JF<br>4.971%, (US 30 Day Average SOFR plus<br>0.615%), 5/25/42 | 779931 | 774 |
|  Federal National Mortgage Association, Series 2013-11, Class AP<br>1.500%, 1/25/43 | 1969971 | 1811 |
|  Federal National Mortgage Association, Series 2013-43, Class BP<br>1.750%, 5/25/43 | 881471 | 773 |
|  Federal National Mortgage Association, Series 2013-49, Class AP<br>1.750%, 5/25/43 | 712570 | 620 |
|  Federal National Mortgage Association, Series 2014-25, Class EL<br>3.000%, 5/25/44 | 1246411 | 1145 |
|  Federal National Mortgage Association, Series<br>2014-74, Class FC<br>4.871%, (US 30 Day Average SOFR plus<br>0.515%), 11/25/44 | 648221 | 639 |

---

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares/ Par<sup>+</sup> | Value<br> $(000's) |
|  **Mortgage Securities continued** |  |  |
|  Federal National Mortgage Association, Series<br>2015-32, Class FA<br>4.771%, (US 30 Day Average SOFR plus<br>0.415%), 5/25/45 | 1183021 | 1153 |
|  Federal National Mortgage Association, Series<br>2015-48, Class FB<br>4.771%, (US 30 Day Average SOFR plus<br>0.415%), 7/25/45 | 1406380 | 1372 |
|  Federal National Mortgage Association, Series<br>2015-72, Class GL<br>3.000%, 10/25/45 | 888000 | 779 |
|  Federal National Mortgage Association, Series<br>2015-8, Class AP<br>2.000%, 3/25/45 | 2154799 | 1941 |
|  Federal National Mortgage Association, Series<br>2015-84, Class PA<br>1.700%, 8/25/33 | 1432536 | 1350 |
|  Federal National Mortgage Association, Series<br>2016-11, Class CF<br>4.821%, (US 30 Day Average SOFR plus<br>0.465%), 3/25/46 | 608645 | 602 |
|  Federal National Mortgage Association, Series<br>2016-11, Class FG<br>4.821%, (US 30 Day Average SOFR plus<br>0.465%), 3/25/46 | 814047 | 805 |
|  Federal National Mortgage Association, Series<br>2016-19, Class FD<br>4.871%, (US 30 Day Average SOFR plus<br>0.515%), 4/25/46 | 3630645 | 3604 |
|  Federal National Mortgage Association, Series<br>2016-22, Class FA<br>4.871 %, (US 30 Day Average SOFR plus<br>0.515%), 4/25/46 | 1580401 | 1565 |
|  Federal National Mortgage Association, Series<br>2016-22, Class FG<br>4.871%, (US 30 Day Average SOFR plus<br>0.515%), 4/25/46 | 1399308 | 1385 |
|  Federal National Mortgage Association, Series<br>2016-48, Class MA<br>2.000%, 6/25/38 | 2524797 | 2364 |
|  Federal National Mortgage Association, Series<br>2016-57, Class PC<br>1.750%, 6/25/46 | 5938729 | 5094 |
|  Federal National Mortgage Association, Series<br>2016-64, Class BC<br>1.750%, 9/25/46 | 1443206 | 1350 |
|  Federal National Mortgage Association, Series<br>2016-64, Class PE<br>2.500%, 9/25/46 | 1020000 | 787 |
|  Federal National Mortgage Association, Series<br>2016-69, Class BF<br>4.871%, (US 30 Day Average SOFR plus<br>0.515%), 10/25/46 | 1269154 | 1258 |
|  Federal National Mortgage Association, Series<br>2016-75, Class FE<br>4.871%, (US 30 Day Average SOFR plus<br>0.515%), 10/25/46 | 965507 | 958 |
|  Federal National Mortgage Association, Series<br>2016-78, Class FA<br>4.871%, (US 30 Day Average SOFR plus<br>0.515%), 3/25/44 | 621715 | 615 |

---

**14** 

------

Select Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Mortgage Securities continued** |  |  |
|  Federal National Mortgage Association, Series<br>2016-79, Class FH<br>4.871%, (US 30 Day Average SOFR plus<br>0.515%), 11/25/46 | 976855 | 969 |
|  Federal National Mortgage Association, Series<br>2016-82, Class FE<br>4.871%, (US 30 Day Average SOFR plus<br>0.515%), 11/25/46 | 2144770 | 2128 |
|  Federal National Mortgage Association, Series<br>2016-82, Class FH<br>4.871%, (US 30 Day Average SOFR plus<br>0.515%), 11/25/46 | 1980652 | 1962 |
|  Federal National Mortgage Association, Series<br>2016-84, Class FB<br>4.871%, (US 30 Day Average SOFR plus<br>0.515%), 11/25/46 | 953088 | 944 |
|  Federal National Mortgage Association, Series<br>2016-86, Class FE<br>4.871%, (US 30 Day Average SOFR plus<br>0.515%), 11/25/46 | 2474156 | 2449 |
|  Federal National Mortgage Association, Series<br>2016-88, Class CF<br>4.921%, (US 30 Day Average SOFR plus<br>0.565%), 12/25/46 | 1669403 | 1656 |
|  Federal National Mortgage Association, Series<br>2016-91, Class AF<br>4.871%, (US 30 Day Average SOFR plus<br>0.515%), 12/25/46 | 871739 | 866 |
|  Federal National Mortgage Association, Series<br>2017-11, Class FA<br>4.871%, (US 30 Day Average SOFR plus<br>0.515%), 3/25/47 | 381848 | 379 |
|  Federal National Mortgage Association, Series<br>2017- 113, Class FB<br>4.721%, (US 30 Day Average SOFR plus<br>0.365%), 1/25/48 | 383131 | 378 |
|  Federal National Mortgage Association, Series<br>2017-12, Class FD<br>4.871%, (US 30 Day Average SOFR plus<br>0.515%), 3/25/47 | 973793 | 966 |
|  Federal National Mortgage Association, Series 2017-13, Class PA<br>3.000%, 8/25/46 | 939786 | 882 |
|  Federal National Mortgage Association, Series<br>2017-23, Class FA<br>4.871%, (US 30 Day Average SOFR plus<br>0.515%), 4/25/47 | 1095969 | 1086 |
|  Federal National Mortgage Association, Series 2017-24, Class PG<br>2.625%, 4/25/47 | 3803085 | 3371 |
|  Federal National Mortgage Association, Series<br>2017-26, Class FA<br>4.821%, (US 30 Day Average SOFR plus<br>0.465%), 4/25/47 | 2500979 | 2479 |
|  Federal National Mortgage Association, Series 2017-35, Class MC<br>2.625%, 12/25/44 | 756510 | 735 |
|  Federal National Mortgage Association, Series<br>2017-82, Class FE<br>4.721%, (US 30 Day Average SOFR plus<br>0.365%), 10/25/47 | 878434 | 871 |

---

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Mortgage Securities continued** |  |  |
|  Federal National Mortgage Association, Series<br>2017-9, Class BF<br>4.871%, (US 30 Day Average SOFR plus<br>0.515%), 3/25/47 | 1177377 | 1167 |
|  Federal National Mortgage Association, Series<br>2017-9, Class DF<br>4.871%, (US 30 Day Average SOFR plus<br>0.515%), 3/25/47 | 850396 | 843 |
|  Federal National Mortgage Association, Series<br>2017-9, Class EF<br>4.871%, (US 30 Day Average SOFR plus<br>0.515%), 3/25/47 | 433172 | 430 |
|  Federal National Mortgage Association, Series<br>2017-96, Class FB<br>4.771%, (US 30 Day Average SOFR plus<br>0.415%), 12/25/47 | 1508682 | 1486 |
|  Federal National Mortgage Association, Series<br>2018-1, Class FA<br>4.721%, (US 30 Day Average SOFR plus<br>0.365%), 2/25/48 | 493120 | 487 |
|  Federal National Mortgage Association, Series 2018-14, Class KC<br>3.000%, 3/25/48 | 1693876 | 1623 |
|  Federal National Mortgage Association, Series<br>2018-36, Class FD<br>4.721%, (US 30 Day Average SOFR plus<br>0.365%), 6/25/48 | 2036365 | 2013 |
|  Federal National Mortgage Association, Series<br>2018-38, Class MA<br>3.300%, 6/25/48 | 1774961 | 1703 |
|  Federal National Mortgage Association, Series 2018-45, Class TM<br>3.000%, 6/25/48 | 1432131 | 1299 |
|  Federal National Mortgage Association, Series 2018-55, Class GA<br>3.375%, 8/25/48 | 1359031 | 1307 |
|  Federal National Mortgage Association, Series 2018-64, Class A<br>3.000%, 9/25/48 | 1279231 | 1152 |
|  Federal National Mortgage Association, Series 2018-85, Class EA<br>3.500%, 12/25/48 | 973499 | 948 |
|  Federal National Mortgage Association, Series 2019-13, Class PE<br>3.000%, 3/25/49 | 852500 | 784 |
|  Federal National Mortgage Association, Series<br>2019-15, Class FA<br>4.971%, (US 30 Day Average SOFR plus<br>0.615%), 4/25/49 | 706973 | 691 |
|  Federal National Mortgage Association, Series 2019-25, Class PA<br>3.000%, 5/25/48 | 1836915 | 1723 |
|  Federal National Mortgage Association, Series<br>2019-41, Class FG<br>4.971%, (US 30 Day Average SOFR plus<br>0.615%), 8/25/59 | 1800877 | 1750 |
|  Federal National Mortgage Association, Series<br>2019-43, Class FC<br>4.871%, (US 30 Day Average SOFR plus<br>0.515%), 8/25/49 | 1380939 | 1355 |

---

**15** 

------

Select Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares / Par <sup>+</sup> | Value<br>$(000's) |
|  **Mortgage Securities continued** |  |  |
|  Federal National Mortgage Association, Series<br>2019-67, Class FB<br>4.921%, (US 30 Day Average SOFR plus<br>0.565%), 11/25/49 | 769911 | 756 |
|  Federal National Mortgage Association, Series 2019-81, Class LH<br>3.000%, 12/25/49 | 1015198 | 925 |
|  Federal National Mortgage Association, Series 2020-48, Class AB<br>2.000%, 7/25/50 | 1074975 | 922 |
|  Federal National Mortgage Association, Series 2020-59, Class NC<br>3.000%, 8/25/40 | 1549849 | 1432 |
|  Federal National Mortgage Association, Series 2021-27, Class EC<br>1.500%, 5/25/51 | 4634899 | 3800 |
|  Federal National Mortgage Association, Series 2021-40, Class DW<br>2.000%, 6/25/41 | 346443 | 310 |
|  Federal National Mortgage Association, Series 2021-42, Class AC<br>2.000%, 2/25/51 | 1406785 | 1220 |
|  Federal National Mortgage Association, Series 2021-78, Class ND<br>1.500%, 11/25/51 | 2589812 | 2126 |
|  Federal National Mortgage Association, Series 2021-91, Class AB<br>2.500%, 9/25/49 | 1749810 | 1561 |
|  Federal National Mortgage Association, Series 2021-95, Class CP<br>1.500%, 8/25/51 | 808379 | 694 |
|  Federal National Mortgage Association, Series 2022-3, Class N<br>2.000%, 10/25/47 | 4888251 | 4377 |
|  Federal National Mortgage Association, Series 2022-62, Class KA<br>3.250%, 9/25/52 | 1046379 | 985 |
|  Federal National Mortgage Association, Series 2022-89, Class AY<br>3.000%, 2/25/48 | 2263000 | 1982 |
|  Federal National Mortgage Association, Series 2023-14, Class EJ<br>2.750%, 4/25/49 | 1673986 | 1571 |
|  Federal National Mortgage Association, Series 2023-37, Class FH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.871%, (US 30 Day Average SOFR plus 0.515%), 1/25/50 | 2882837 | 2833 |
|  Federal National Mortgage Association, Series<br>2023-38, Class FC<br>5.021%, (US 30 Day Average SOFR plus<br>0.665%), 6/25/40 | 2173739 | 2167 |
|  Federal National Mortgage Association, Series<br>2023-38, Class FD<br>5.213%, (US 30 Day Average SOFR plus<br>0.865%), (AFC), 10/25/39 | 683257 | 679 |
|  Federal National Mortgage Association, Series 2024-64, Class KY<br>3.000%, 12/25/43 | 1086000 | 936 |
|  Government National Mortgage Association 2.500%, 12/20/37 | 1909460 | 1776 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 6/20/38 | 3580160 | 3325 |

---

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares / Par <sup>+</sup> | Value<br>$(000's) |
|  **Mortgage Securities continued** |  |  |
|  2.500%, 7/20/50 | 10330310 | 8757 |
|  3.000%, 6/20/43 | 1925843 | 1730 |
|  3.000%, 8/20/43 | 583872 | 525 |
|  3.000%, 11/15/47 | 5507161 | 5042 |
|  3.000%, 10/20/50 | 4684830 | 4172 |
|  4.000%, 8/20/52 | 22610001 | 21473 |
|  5.500%, 8/20/55 | 27020048 | 27263 |
|  6.000%, 1/20/53 | 7255270 | 7487 |
|  6.000%, 7/20/55  | 9237693 | 9402 |
|  Government National Mortgage Association, Series 2010-163, Class NC<br>4.000%, 12/20/40 | 1375109 | 1361 |
|  Government National Mortgage Association, Series 2013- 152, Class HA<br>2.500%, 6/20/43 | 1554652 | 1445 |
|  Government National Mortgage Association, Series 2014-133, Class BP<br>2.250%, 9/20/44 | 1181873 | 1068 |
|  Government National Mortgage Association, Series 2014-149, Class KP<br>2.250%, 7/16/44 | 1007646 | 930 |
|  Government National Mortgage Association, Series 2014-181, Class L<br>3.000%, 12/20/44 | 1110369 | 1011 |
|  Government National Mortgage Association, Series 2015-144, Class CA<br>2.500%, 10/20/45 | 1681289 | 1494 |
|  Government National Mortgage Association, Series 2016-136, Class A<br>3.000%, 7/20/44 | 1001453 | 911 |
|  Government National Mortgage Association, Series 2016-93, Class AB<br>1.750%, 7/20/44 | 2156588 | 1819 |
|  Government National Mortgage Association, Series 2016-99, Class TL<br>2.000%, 4/16/44 | 2738081 | 2317 |
|  Government National Mortgage Association, Series 2017-139, Class GA<br>3.000%, 9/20/47 | 3844857 | 3501 |
|  Government National Mortgage Association, Series 2017-167, Class BQ<br>2.500%, 8/20/44 | 909825 | 859 |
|  Government National Mortgage Association, Series 2018-65, Class DC<br>3.500%, 5/20/48 | 1482000 | 1382 |
|  Government National Mortgage Association, Series 2021-105, Class P<br>1.750%, 6/20/51 | 5118963 | 4209 |
|  Government National Mortgage Association, Series 2021-107, Class DB<br>1.750%, 4/20/51 | 4800950 | 3954 |
|  Government National Mortgage Association, Series 2021-135, Class A<br>2.000%, 8/20/51 | 1186290 | 990 |
|  Government National Mortgage Association, Series 2021-160, Class NE<br>2.000%, 9/20/51 | 9131056 | 7805 |
|  Government National Mortgage Association, Series 2021-215, Class GA<br>2.000%, 12/20/51 | 7932685 | 6935 |

---

**16** 

------

Select Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares/ Par <sup>+</sup> | Value<br> $(000's) |
|  **Mortgage Securities continued** |  |  |
|  Government National Mortgage Association, Series 2021-225, Class YC<br>2.000%, 12/20/51 | 932740 | 802 |
|  Government National Mortgage Association, Series 2021-24, Class BC<br>1.250%, 2/20/51 | 1673002 | 1318 |
|  Government National Mortgage Association, Series 2021-27, Class BD<br>5.000%, 2/20/51 | 1450391 | 1447 |
|  Government National Mortgage Association, Series 2021-27, Class CW<br>5.000%, 2/20/51 | 1948043 | 1943 |
|  Government National Mortgage Association, Series 2021-27, Class NT<br>5.000%, 2/20/51 | 1520023 | 1500 |
|  Government National Mortgage Association, Series 2021-27, Class Q<br>5.000%, 2/20/51 | 1354647 | 1351 |
|  Government National Mortgage Association, Series 2021-8, Class CY<br>5.000%, 1/20/51 | 1358440 | 1354 |
|  Government National Mortgage Association, Series 2021-89, Class LK<br>2.000%, 5/20/51 | 2848453 | 2374 |
|  Government National Mortgage Association, Series 2022-107, Class C<br>2.500%, 6/20/51 | 6217441 | 5217 |
|  Government National Mortgage Association, Series 2022-138, Class PT 2.500%, 10/20/51 | 7515397 | 6298 |
|  Government National Mortgage Association, Series 2022-153, Class KA<br>4.000%, 12/20/49 | 1540581 | 1520 |
|  Government National Mortgage Association, Series 2022-197, Class LF<br>5.089%, (US 30 Day Average SOFR plus 0.700%), 11/20/52 | 5932327 | 5903 |
|  Government National Mortgage Association, Series 2022-205, Class A<br>2.000%, 9/20/51 | 2316515 | 1889 |
|  Government National Mortgage Association, Series 2022-24, Class AH<br>2.500%, 2/20/52 | 510796 | 441 |
|  Government National Mortgage Association, Series 2022-31, Class GH<br>2.500%, 12/20/49 | 3793567 | 3430 |
|  Government National Mortgage Association, Series 2022-34, Class DN<br>3.500%, 9/20/41 | 3075448 | 2955 |
|  Government National Mortgage Association, Series 2022-46, Class LY<br>3.000%, 3/20/52 | 716000 | 597 |
|  Government National Mortgage Association, Series 2022-5, Class BA 2.000%, 10/20/49 | 6061869 | 5296 |
|  Government National Mortgage Association, Series 2022-50, Class CA<br>3.000%, 3/20/52 | 5475725 | 4956 |
|  Government National Mortgage Association, Series 2022-66, Class CG<br>3.500%, 4/20/52 | 3328756 | 3182 |

---

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares/ Par <sup>+</sup> | Value<br> $(000's) |
|  **Mortgage Securities continued** |  |  |
|  Government National Mortgage Association, Series 2022-78, Class HW<br>2.500%, 4/20/52 | 1247000 | 997 |
|  Government National Mortgage Association, Series 2022-84, Class A<br>2.500%, 1/20/52 | 11735428 | 9826 |
|  Government National Mortgage Association, Series 2022-9, Class GA<br>2.000%, 1/20/52 | 1385322 | 1156 |
|  Government National Mortgage Association, Series 2023-81, Class YJ<br>3.500%, 6/20/53 | 7319000 | 6411 |
|  Government National Mortgage Association, Series 2024- 110, Class JC<br>3.000%, 9/20/47 | 9077040 | 8648 |
|  Government National Mortgage Association, Series 2024-110, Class JL<br>3.000%, 10/20/49 | 1918000 | 1659 |
|  Government National Mortgage Association, Series 2024-184, Class GC<br>3.500%, 10/20/51 | 7527192 | 7252 |
|  Government National Mortgage Association, Series 2024-45, Class BD<br>2.000%, 3/20/54 | 1246261 | 1149 |
|  Government National Mortgage Association, Series 2025-1, Class GC<br>3.500%, 10/20/51 | 23510222 | 22649 |
|  Government National Mortgage Association, Series 2025-7, Class EL<br>2.500%, 1/20/55 | 828000 | 594 |
|  GS Mortgage Securities Trust, Series 2020- GSA2, Class A4<br>1.721%, 12/12/53 | 3499000 | 3129 |
|  JP Morgan Chase Commercial Mortgage Securities Trust, Series 2016-JP4, Class A3<br>3.392%, 12/15/49 | 490000 | 485 |
|  MFRA Trust, Series 2021-NQM2, Class A1 1.029%, (AFC), 11/25/64 144A | 641562 | 568 |
|  Morgan Stanley Bank of America Merrill Lynch Trust, Series 2025-5C1, Class A3<br>5.635%, 3/15/58 | 638000 | 667 |
|  Morgan Stanley Capital I Trust, Series 2020- HR8, Class A3<br>1.790%, 7/15/53 | 1277930 | 1141 |
|  New Residential Mortgage Loan Trust, Series 2019-NQM4, Class A1<br>2.492%, (AFC), 9/25/59 144A | 244571 | 235 |
|  Starwood Mortgage Residential Trust, Series 2020-3, Class A1<br>1.486%, (AFC), 4/25/65 144A | 286934 | 280 |
|  Starwood Mortgage Residential Trust, Series 2020- INV1, Class A1<br>1.027%, (AFC), 11/25/55 144A | 255080 | 243 |
|  Starwood Mortgage Residential Trust, Series 2021-4, Class A1<br>1.162%, (AFC), 8/25/56 144A | 1472241 | 1311 |
|  Starwood Residential Mortgage Trust, Series 2021-1, Class A1<br>1.219%, (AFC), 5/25/65 144A | 440668 | 414 |

---

**17** 

------

Select Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Structured Products (52.1%) | Shares/ Par <sup>+</sup> | Value<br> $(000's) |
|  **Mortgage Securities continued** |  |  |
|  SWCH Commercial Mortgage Trust, Series 2025-DATA, Class A<br>5.593%, (US SOFR 1 Month plus 1.443%), 3/15/42 144A | 2307000 | 2295 |
|  Uniform Mortgage Backed Security TBA<br>5.500%, 10/15/54 | 7200000 | 7259 |
|  Verus Securitization Trust, Series 2021-1, Class A1<br>0.815%, (AFC), 1/25/66 144A | 633896 | 570 |
|  Verus Securitization Trust, Series 2021-2, Class A1<br>1.031%, (AFC), 2/25/66 144A | 1260817 | 1127 |
|  Verus Securitization Trust, Series 2021-3, Class A1<br>1.046%, (AFC), 6/25/66 144A | 1139525 | 1002 |
|  Verus Securitization Trust, Series 2021-4, Class A1<br>0.938%, (AFC), 7/25/66 144A | 1464848 | 1245 |
|  Verus Securitization Trust, Series 2021-5, Class A1<br>1.013%, (AFC), 9/25/66 144A | 1602837 | 1396 |
|  Verus Securitization Trust, Series 2021-7, Class A1<br>1.829%, (AFC), 10/25/66 144A ∑  | 844337 | 771 |
|  Verus Securitization Trust, Series 2021-8, Class A1<br>1.824%, (AFC), 11/25/66 144A | 1518923 | 1406 |
|  Verus Securitization Trust, Series 2021-R1, Class A1<br> 0.820%, (AFC), 10/25/63 144A | 306044 | 294 |
|  Verus Securitization Trust, Series 2021-R3, Class A1<br> 1.020%, (AFC), 5/25/64 144A | 520326 | 496 |
|  Wells Fargo Commercial Mortgage Trust, Series 2025- C64, Class A5 5.645%, 2/15/58 | 459000 | 486 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **1249901** |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Structured Products (Cost: $1,485,071)** | &nbsp;&nbsp;&nbsp;&nbsp; **Total Structured Products (Cost: $1,485,071)** | **1485527** |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (99.4%) (Cost: $2,830,090)<sup>@</sup>** | &nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (99.4%) (Cost: $2,830,090)<sup>@</sup>** | **2834299** |
| &nbsp;&nbsp;&nbsp;&nbsp; **Other Assets, Less Liabilities (0.6%)** | &nbsp;&nbsp;&nbsp;&nbsp; **Other Assets, Less Liabilities (0.6%)** | **17794** |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Assets (100.0%)** | &nbsp;&nbsp;&nbsp;&nbsp; **Net Assets (100.0%)** | **2852093** |

---

+ All par is stated in U.S. Dollar unless otherwise noted.

---

| | |
|:---|:---|
| 144A | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold as transactions exempt from registration, normally to qualified institutional buyers. At September 30, 2025 the value of these securities (in thousands) was $265,583 representing 9.3% of the net assets.  |

---

α Rate shown is the rate as of the period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future.

∑ Stepped coupon bond for which the coupon rate of interest adjusts on specified date(s); rate shown is effective rate at period-end.

---

| | |
|:---|:---|
| @ | At September 30, 2025, the aggregate cost of investments, including derivatives, for federal tax purposes (in thousands) was $2,830,090 and the net unrealized appreciation of investments based on that cost was $4,209 which is comprised of $36,502 aggregate gross unrealized appreciation and $32,293 aggregate gross unrealized depreciation. Because tax adjustments are calculated annually, these amounts do not reflect tax adjustments. For the previous fiscal year's federal income tax information, please refer to the Notes to the Financial Statements section in the Portfolio's most recent annual report.  |

---

**18** 

------

Select Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

The Fair Value Measurements and Disclosures Topic of the FASB Accounting Standards Codification defines fair value as the price that a Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes and requires disclosure of a fair value hierarchy, separately for each major category of asset and liability, which segregates fair value measurements into levels. A summary of the fair value hierarchy is described below:

Level 1 - fair value is determined by unadjusted quoted prices in active markets for identical securities or derivatives

Level 2 - fair value is determined by other significant observable inputs

Level 3 - fair value is determined by significant unobservable inputs

The categorization of a value determined for a financial instrument within the hierarchy is based upon the pricing transparency of the instrument and does not necessarily correspond to the Portfolio's perceived risk of that instrument.

The following is a summary of the inputs used in valuing the Portfolio's Investments at September 30, 2025.

---

| | | | |
|:---|:---|:---|:---|
| | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Valuation Inputs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Valuation Inputs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Valuation Inputs |
| <br>**Description** | **Level 1 - Quoted<br>Prices** | **Level 2 - Other**<br> **Significant**<br> **Observable Inputs**  | **Level 3**<br> **- Significant<br> Unobservable <br>Inputs** |
|  | *(Amounts in thousands)* | *(Amounts in thousands)* | *(Amounts in thousands)* |
|  Assets: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds | $— | $740507 | $— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Governments |  | 604256 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds |  | 4009 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Structured Products |  | 1485527 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Assets: | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2834299 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

**19** 

------

Abbreviations (unaudited)

**Abbreviations that may be used in the preceding statements** 

---

| | |
|:---|:---|
|  ADR | American Depositary Receipt |
|  AFC | Available Funds Cap security - Security accrues interest at an assumed or uncapped rate. If the interest rate on the underlying loans is lower than the uncapped rate, then the security will pay at the lower rate. |
|  CSTR | Collateral Strip Rate security - interest is based on the weighted net interest rate of the collateral. |
|  IO | Interest Only Security |
|  PO | Principal Only Security |
|  RB | Revenue Bond |
|  CPURNSA | U.S. Consumer Price Index - All Urban Consumers - Not Seasonally Adjusted |
|  IBOR | Interbank Offered Rate |
|  LIBOR | London Interbank Offered Rate |
|  SOFR | Secured Overnight Financing Rate |
|  CME | Chicago Mercantile Exchange |
|  ICE | Intercontinental Exchange |
|  FTSE | Financial Times Stock Exchange |
|  SONIO | Sterling Overnight Interbank Average Rate |
|  MUTKCALM | Bank of Japan Unsecured Overnight Call Rate |
|  DAC | Designated Activity Company |
|  RSC | Restricted Scope Company |
|  KSC | Kuwait Shareholding Company |
|  TBA | To Be Announced |
|  CMT | Constant Maturity Treasury |
|  OIS | Overnight Index Swaps |
|  BBR | Bank Bill Rate |
|  BBSW | Bank Bill Swap Reference Rate |
|  DIFC | Dubai International Financial Centre |
|  EURIBOR | Euro Interbank Offered Rate |
|  PRIBOR | Prague Interbank Offered Rate |
|  SDR | Swedish Depository Receipt |
|  ETF | Exchange Traded Fund |
|  **Currency Abbreviations** | **Currency Abbreviations** |
|  AED | United Arab Emirates Dirham |
|  AUD | Australian Dollar |
|  BRL | Brazilian Real |
|  CAD | Canadian Dollar |
|  CHF | Swiss Franc |
|  CNH | Chinese Yuan Renminbi - Offshore |
|  CNY | Chinese Yuan Renminbi |
|  CZK | Czech Koruna |
|  DKK | Danish Krone |
|  EGP | Egyptian Pound |
|  EUR | Euro |
|  GBP | British Pound |
|  HKD | Hong Kong Dollar |
|  IDR | Indonesian Rupiah |
|  ILS | Israeli Shekel |
|  INR | Indian Rupee |
|  JPY | Japanese Yen |
|  KRW | South Korean Won |
|  MXN | Mexican New Peso |
|  NGN | Nigerian Naira |
|  NOK | Norwegian Krone |
|  NZD | New Zealand Dollar |
|  PEN | Peruvian Sol |
|  PLN | Polish Zloty |
|  RUB | Russian Ruble |
|  SAR | Saudi Riyal |
|  SEK | Swedish Krona |
|  SGD | Singapore Dollar |
|  THB | Thai Baht |
|  TRY | Turkish Lira |
|  TWD | Taiwan Dollar |
|  USD | United States Dollar |
|  ZAR | South African Rand |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** NORTHWESTERN MUTUAL SERIES FUND INC

- **b. Investment Company Act file number:** 811-03990

- **c. CIK number of Registrant:** 0000742212

- **d. LEI of Registrant:** 549300T1UBX7MDSNZA55

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

  - **Street Address 1:** 720 E WISCONSIN AVE

  - **City:** MILWAUKEE

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 414-271-1444

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

- **a. Name of Series:** Select Bond Portfolio

- **b. EDGAR series identifier (if any):** S000000047

- **c. LEI of Series:** 03DZ35VFRGD62UKLL347

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

- **a. Date of fiscal year-end:** 2025-12-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $2901265071.93

**Total Liabilities:** $38701692.06

**Net Assets:** $2862563379.87

**Delayed Delivery Securities:** $14640845.22

**Cash Not Reported:** $30861596.99

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -1911.92000000 | **1-Year:** -63062.34000000 | **5-Year:** -197240.29000000 | **10-Year:** -229427.46000000 | **30-Year:** -121838.20000000

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

- **3-Month:** -11.60000000 | **1-Year:** -114.22000000 | **5-Year:** -437.63000000 | **10-Year:** -1993.44000000 | **30-Year:** -1591.35000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000082 | -0.18%               | 1.16%                | 1.14%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1839386.80             | $-13813476.39                              |
| Month 2  | $2770311.78              | $20443353.92                               |
| Month 3  | $1528012.95              | $21378890.69                               |

**Designated Index Information**

- **Index Name:** Bloomberg U.S. Aggregate Bond Index

- **Index Identifier:** LBUSTRUU

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| OAKTREE SPECIALTY LEND                             | Oaktree Specialty Lending Corp                                                  | CUSIP: 67401PAE8<br>LEI: 549300J6MGCEU5928620 | Long             | DBT              | CORP              | US        |   1629000 | PA      | $1636226.98   | 0.06%             | 2030-02-27      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3138ERVH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1079813 | PA      | $992494.05    | 0.03%             | 2045-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                | JPMorgan Chase & Co                                                             | CUSIP: 46647PFC5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   2068000 | PA      | $2143858.38   | 0.07%             | 2036-07-23      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31418DRP9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  10482511 | PA      | $9220210.47   | 0.32%             | 2040-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140J7VT9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3434710 | PA      | $3156238.46   | 0.11%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                   | Georgia Power Co                                                                | CUSIP: 373334LC3<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |   2211000 | PA      | $2210960.00   | 0.08%             | 2028-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                      | Boeing Co/The                                                                   | CUSIP: 097023DT9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    993000 | PA      | $1132718.18   | 0.04%             | 2054-05-01      | Fixed         | 6.86%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137HC4W9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3936528 | PA      | $3951204.56   | 0.14%             | 2054-04-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                          | Apple Inc                                                                       | CUSIP: 037833DW7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    746000 | PA      | $477980.66    | 0.02%             | 2050-05-11      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136B1FM1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1693876 | PA      | $1622636.14   | 0.06%             | 2048-03-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                | Delta Air Lines Inc                                                             | CUSIP: 247361A24<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |   3835000 | PA      | $3881541.75   | 0.14%             | 2028-07-10      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140W0VA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6971165 | PA      | $7031229.36   | 0.25%             | 2055-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140MWS72<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3027207 | PA      | $3039758.98   | 0.11%             | 2052-08-01      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                | Petroleos Mexicanos                                                             | CUSIP: 71654QBY7<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    320950 | PA      | $317963.29    | 0.01%             | 2025-12-15      | Fixed         | 2.46%                 | No            |                  2 | On Loan: No      |
| Bunker Hill Loan Depositary Trust                  | Bunker Hill Loan Depositary Trust 2019-2                                        | CUSIP: 12061RAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    417870 | PA      | $409673.29    | 0.01%             | 2049-07-25      | Variable      | 2.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140QVE75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    994707 | PA      | $1039268.95   | 0.04%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SBNA Auto Lease Trust                              | SBNA Auto Lease Trust 2024-C                                                    | CUSIP: 78398DAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1391000 | PA      | $1397243.09   | 0.05%             | 2029-03-20      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                     | Home Depot Inc/The                                                              | CUSIP: 437076CQ3<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    919000 | PA      | $688503.06    | 0.02%             | 2052-04-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FWX39<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1399408 | PA      | $1290731.09   | 0.05%             | 2050-10-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BPQG9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2263000 | PA      | $1982046.51   | 0.07%             | 2048-02-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHILE ELECTRICITY LUX                              | Chile Electricity Lux Mpc II Sarl                                               | CUSIP: 16882LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1202331 | PA      | $1241741.64   | 0.04%             | 2035-10-20      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                       | Synopsys Inc                                                                    | CUSIP: 871607AC1<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |   2055000 | PA      | $2093163.12   | 0.07%             | 2030-04-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| World Omni Auto Receivables Trust                  | World Omni Auto Receivables Trust 2025-C                                        | CUSIP: 981936AD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1591000 | PA      | $1600135.84   | 0.06%             | 2031-11-17      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38383YCC4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   7515397 | PA      | $6297526.51   | 0.22%             | 2051-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140W0Y58<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2322057 | PA      | $2120926.20   | 0.07%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3133KYWS4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3363660 | PA      | $2998646.47   | 0.10%             | 2042-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AVTN9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    973793 | PA      | $965726.08    | 0.03%             | 2047-03-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136APKQ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1406380 | PA      | $1371701.62   | 0.05%             | 2045-07-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137AUTF6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    870853 | PA      | $786075.08    | 0.03%             | 2042-10-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EMD FINANCE LLC                                    | EMD Finance LLC                                                                 | CUSIP: 26867LAR1<br>LEI: 529900C8KS5G529A0B76 | Long             | DBT              | CORP              | US        |   1870000 | PA      | $1870633.33   | 0.07%             | 2035-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential Trust                | Starwood Mortgage Residential Trust 2021-4                                      | CUSIP: 85573PAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1472241 | PA      | $1310784.52   | 0.05%             | 2056-08-25      | Variable      | 1.16%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137BGAL3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    185532 | PA      | $183608.09    | 0.01%             | 2034-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                    | Deere & Co                                                                      | CUSIP: 244199BM6<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |   1990000 | PA      | $2093025.36   | 0.07%             | 2055-01-19      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                | Gilead Sciences Inc                                                             | CUSIP: 375558BJ1<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    963000 | PA      | $895935.36    | 0.03%             | 2036-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136B5D77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1800877 | PA      | $1750367.96   | 0.06%             | 2059-08-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AWNE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    756510 | PA      | $734827.81    | 0.03%             | 2044-12-25      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                         | Verus Securitization Trust 2021-3                                               | CUSIP: 92539LAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1139525 | PA      | $1002287.88   | 0.04%             | 2066-06-25      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38383YJQ6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1540581 | PA      | $1519702.87   | 0.05%             | 2049-12-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140W1DK6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6748382 | PA      | $6807221.43   | 0.24%             | 2055-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SUMITOMO LIFE INSUR                                | Sumitomo Life Insurance Co                                                      | CUSIP: 86564CAF7<br>LEI: 549300I5OQCDADQSPI57 | Long             | DBT              | CORP              | JP        |   3219000 | PA      | $3277283.21   | 0.11%             | 2055-09-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                              | Duke Energy Carolinas LLC                                                       | CUSIP: 26442CBQ6<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |   1370000 | PA      | $1417694.33   | 0.05%             | 2035-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                  | State Street Corp                                                               | CUSIP: 857477CW1<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |   3833000 | PA      | $3916460.70   | 0.14%             | 2030-02-28      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Ginnie Mae II Pool                                                              | CUSIP: 36179XDD5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  22610001 | PA      | $21473305.73  | 0.75%             | 2052-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Ginnie Mae II Pool                                                              | CUSIP: 3618N5RG6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   9237693 | PA      | $9401672.93   | 0.33%             | 2055-07-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY PVT BANK                            | Morgan Stanley Private Bank NA                                                  | CUSIP: 61776NVG5<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |   8720000 | PA      | $8850218.11   | 0.31%             | 2031-07-18      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                        | Netflix Inc                                                                     | CUSIP: 64110LBA3<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |   1209000 | PA      | $1217544.28   | 0.04%             | 2054-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140Y6LH1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1870250 | PA      | $1888860.03   | 0.07%             | 2055-04-01      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XJV83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1837670 | PA      | $1688791.96   | 0.06%             | 2043-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132DNDB6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1203329 | PA      | $1030395.76   | 0.04%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3142GUUQ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  10936449 | PA      | $11207127.54  | 0.39%             | 2055-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                         | AbbVie Inc                                                                      | CUSIP: 00287YCB3<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   3467000 | PA      | $2920881.25   | 0.10%             | 2049-11-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FRRE3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1143000 | PA      | $961563.72    | 0.03%             | 2050-02-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                         | Verus Securitization Trust 2021-R1                                              | CUSIP: 92538BAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    306044 | PA      | $294484.43    | 0.01%             | 2063-10-25      | Variable      | 0.82%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                 | Energy Transfer LP                                                              | CUSIP: 29273VBB5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    963000 | PA      | $945551.30    | 0.03%             | 2054-09-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132DVL29<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5552523 | PA      | $4779203.54   | 0.17%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                         | Navient Private Education Refi Loan Trust 2020-G                                | CUSIP: 63941UAA1<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |   1113128 | PA      | $1044998.37   | 0.04%             | 2069-09-16      | Fixed         | 1.17%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                      | Citigroup Inc                                                                   | CUSIP: 17327CAW3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   3353000 | PA      | $3396187.28   | 0.12%             | 2029-03-04      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                   | Deutsche Bank AG/New York NY                                                    | CUSIP: 251526DB2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   1670000 | PA      | $1685792.86   | 0.06%             | 2031-08-04      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                           | AT&T Inc                                                                        | CUSIP: 00206RMN9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1232000 | PA      | $878474.56    | 0.03%             | 2057-12-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                            | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GB29<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1480000 | PA      | $1517093.80   | 0.05%             | 2030-07-23      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137B0BG8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    457510 | PA      | $450275.97    | 0.02%             | 2043-03-15      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                | American Express Co                                                             | CUSIP: 025816EK1<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   2825000 | PA      | $2874178.65   | 0.10%             | 2033-07-20      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FAN95<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    876228 | PA      | $863971.09    | 0.03%             | 2047-08-15      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                         | Intel Corp                                                                      | CUSIP: 458140CK4<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    709000 | PA      | $690560.97    | 0.02%             | 2063-02-10      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38380WV71<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1482000 | PA      | $1381850.29   | 0.05%             | 2048-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| T-Mobile US Trust                                  | T-Mobile US Trust 2025-1                                                        | CUSIP: 872974AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2387000 | PA      | $2417468.86   | 0.08%             | 2029-11-20      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137F8AV5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1039794 | PA      | $1030676.29   | 0.04%             | 2050-11-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                       | Barclays PLC                                                                    | CUSIP: 06738ECZ6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   1639000 | PA      | $1710484.72   | 0.06%             | 2036-02-25      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                         | Navient Private Education Refi Loan Trust 2021-G                                | CUSIP: 63942KAA2<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |    509798 | PA      | $460756.56    | 0.02%             | 2070-04-15      | Fixed         | 1.58%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Bonds                                                             | CUSIP: 912810TA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  56853000 | PA      | $38575648.54  | 1.35%             | 2041-08-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                         | Verus Securitization Trust 2021-5                                               | CUSIP: 92538KAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1602837 | PA      | $1395770.14   | 0.05%             | 2066-09-25      | Variable      | 1.01%                 | No            |                  2 | On Loan: No      |
| BAT Capital Corp                                   | BAT Capital Corp                                                                | CUSIP: 05526DBF1<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |   1996000 | PA      | $1673724.66   | 0.06%             | 2047-08-15      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                         | AbbVie Inc                                                                      | CUSIP: 00287YDR7<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   2383000 | PA      | $2410058.73   | 0.08%             | 2027-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132A5DF9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3629395 | PA      | $3315137.52   | 0.12%             | 2045-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BKUP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    808379 | PA      | $694421.51    | 0.02%             | 2051-08-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                               | Bank of America Corp                                                            | CUSIP: 06051GHZ5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1871000 | PA      | $1731617.01   | 0.06%             | 2031-02-13      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                              | Uber Technologies Inc                                                           | CUSIP: 90353TAU4<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   1655000 | PA      | $1639986.17   | 0.06%             | 2035-09-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                  | Kinder Morgan Inc                                                               | CUSIP: 49456BBB6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |   1643000 | PA      | $1694884.35   | 0.06%             | 2030-06-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                | Nomura Holdings Inc                                                             | CUSIP: 65535HBZ1<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |   3123000 | PA      | $3167377.05   | 0.11%             | 2030-07-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                             | Brixmor Operating Partnership LP                                                | CUSIP: 11120VAP8<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |    679000 | PA      | $677509.33    | 0.02%             | 2033-02-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                       | Alphabet Inc                                                                    | CUSIP: 02079KAM9<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |   1357000 | PA      | $1359957.47   | 0.05%             | 2055-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BALTIMORE GAS & ELECTRIC                           | Baltimore Gas and Electric Co                                                   | CUSIP: 059165EN6<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |   1257000 | PA      | $1125311.46   | 0.04%             | 2031-06-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                         | AbbVie Inc                                                                      | CUSIP: 00287YEA3<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   2226000 | PA      | $2303776.95   | 0.08%             | 2035-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Social Professional Loan Program LLC               | SoFi Professional Loan Program 2021-B Trust                                     | CUSIP: 83405NAA4<br>LEI: 5493002WMPR84WZ75V46 | Long             | ABS-O            | CORP              | US        |   1521752 | PA      | $1334951.65   | 0.05%             | 2047-02-15      | Fixed         | 1.14%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137AXUG6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    802666 | PA      | $772941.43    | 0.03%             | 2033-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137H63N3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2935826 | PA      | $2707042.37   | 0.09%             | 2048-12-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3142J6A52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5825241 | PA      | $5875434.42   | 0.21%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                | American Express Co                                                             | CUSIP: 025816EF2<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   3331000 | PA      | $3425163.37   | 0.12%             | 2031-04-25      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                             | UnitedHealth Group Inc                                                          | CUSIP: 91324PFK3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |   1152000 | PA      | $1154175.29   | 0.04%             | 2044-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHILE ELECTRICITY LUX                              | Chile Electricity Lux Mpc II Sarl                                               | CUSIP: 16882LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   2285000 | PA      | $2354915.74   | 0.08%             | 2035-10-20      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO                                    | DTE Electric Co                                                                 | CUSIP: 23338VAL0<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |   1467000 | PA      | $988882.45    | 0.03%             | 2050-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3138MFHB6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1719247 | PA      | $1581438.98   | 0.06%             | 2042-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                              | Athene Global Funding                                                           | CUSIP: 04685A4S7<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   1476000 | PA      | $1495768.84   | 0.05%             | 2035-08-22      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                | Kimco Realty OP LLC                                                             | CUSIP: 49447BAB9<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |   1291000 | PA      | $1282919.14   | 0.04%             | 2035-03-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136ATTP9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1020000 | PA      | $787351.36    | 0.03%             | 2046-09-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BGAH4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1406785 | PA      | $1219829.48   | 0.04%             | 2051-02-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132DMBC8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3112975 | PA      | $2819803.62   | 0.10%             | 2047-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PECO ENERGY CO                                     | PECO Energy Co                                                                  | CUSIP: 693304BC0<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |   1516000 | PA      | $974287.80    | 0.03%             | 2051-09-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| SIEMENS FUNDING BV                                 | Siemens Funding BV                                                              | CUSIP: 82622RAA4<br>LEI: 213800CCRGH2TO338X64 | Long             | DBT              | CORP              | NL        |   3119000 | PA      | $3149841.76   | 0.11%             | 2028-05-26      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137ATFL1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1004136 | PA      | $944209.35    | 0.03%             | 2042-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FH4G5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    782349 | PA      | $763419.60    | 0.03%             | 2048-09-15      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                              | Duke Energy Carolinas LLC                                                       | CUSIP: 26442CBG8<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |   1561000 | PA      | $1422851.77   | 0.05%             | 2032-03-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38385BN55<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    828000 | PA      | $594364.73    | 0.02%             | 2055-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                           | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175CL6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    494000 | PA      | $413969.79    | 0.01%             | 2063-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                           | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175CK8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1161000 | PA      | $970129.88    | 0.03%             | 2053-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136ATUD4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1443206 | PA      | $1350199.83   | 0.05%             | 2046-09-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38384KGP0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1246261 | PA      | $1149486.66   | 0.04%             | 2054-03-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                              | Mexico Government International Bond                                            | CUSIP: 91087BBK5<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   5562000 | PA      | $5545314.00   | 0.19%             | 2033-03-22      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO                                    | DTE Electric Co                                                                 | CUSIP: 23338VAR7<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |    672000 | PA      | $502523.25    | 0.02%             | 2052-03-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137AL3F4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    685572 | PA      | $679481.89    | 0.02%             | 2042-01-15      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140JCS70<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2627845 | PA      | $2655035.66   | 0.09%             | 2054-07-01      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                              | Wells Fargo & Co                                                                | CUSIP: 95000U3R2<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   2063000 | PA      | $2081969.92   | 0.07%             | 2028-01-24      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-WISC                           | Northern States Power Co/WI                                                     | CUSIP: 665789BC6<br>LEI: OOVRSRHKQSBLKRB7QM17 | Long             | DBT              | CORP              | US        |    825000 | PA      | $851055.22    | 0.03%             | 2054-06-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 31427PG65<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2841199 | PA      | $2567421.15   | 0.09%             | 2050-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132DSS45<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    657589 | PA      | $605547.37    | 0.02%             | 2047-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                         | Verus Securitization Trust 2021-2                                               | CUSIP: 92538FAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1260817 | PA      | $1127038.89   | 0.04%             | 2066-02-25      | Variable      | 1.03%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                       | Synopsys Inc                                                                    | CUSIP: 871607AB3<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |   1437000 | PA      | $1453083.45   | 0.05%             | 2028-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                       | UBS Group AG                                                                    | CUSIP: 225401BM9<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   3326000 | PA      | $3314716.08   | 0.12%             | 2031-09-23      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140QVMF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    537141 | PA      | $568516.55    | 0.02%             | 2054-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136A2SV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    586243 | PA      | $580171.80    | 0.02%             | 2041-12-25      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                     | Eli Lilly & Co                                                                  | CUSIP: 532457CW6<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    724000 | PA      | $747912.52    | 0.03%             | 2032-02-12      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                              | Mexico Government International Bond                                            | CUSIP: 91087BBJ8<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   3380000 | PA      | $3350425.00   | 0.12%             | 2031-03-22      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                              | Mexico Government International Bond                                            | CUSIP: 91087BBL3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1322000 | PA      | $1315469.32   | 0.05%             | 2035-09-22      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137BPJ34<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4046370 | PA      | $3826238.58   | 0.13%             | 2045-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                     | Morgan Stanley                                                                  | CUSIP: 61747YFS9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   4414000 | PA      | $4523737.73   | 0.16%             | 2030-07-19      | Fixed         | 5.04%                 | 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        |   9498000 | PA      | $9599945.83   | 0.34%             | 2030-07-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137ATDS8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    787880 | PA      | $776426.89    | 0.03%             | 2042-08-15      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31418EDM9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2726212 | PA      | $2445569.74   | 0.09%             | 2042-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MFRA TRUST                                         | MFA 2021-NQM2 Trust                                                             | CUSIP: 55283WAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    641562 | PA      | $567569.74    | 0.02%             | 2064-11-25      | Variable      | 1.03%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132DUKW6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6482753 | PA      | $6849899.94   | 0.24%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XJVS9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3392906 | PA      | $3054977.50   | 0.11%             | 2040-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137H6WG6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1506303 | PA      | $1415186.08   | 0.05%             | 2051-09-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137H56A0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2287074 | PA      | $2045314.42   | 0.07%             | 2049-04-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BK2Z4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1749810 | PA      | $1560930.02   | 0.05%             | 2049-09-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                     | Morgan Stanley                                                                  | CUSIP: 61747YFY6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   4866000 | PA      | $4963191.83   | 0.17%             | 2029-04-12      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust             | Santander Drive Auto Receivables Trust 2024-3                                   | CUSIP: 80287LAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1988130 | PA      | $1998263.29   | 0.07%             | 2029-01-16      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| OHIO EDISON CO                                     | Ohio Edison Co                                                                  | CUSIP: 677347CJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1237000 | PA      | $1264057.02   | 0.04%             | 2029-12-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XFZA2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    350860 | PA      | $300440.08    | 0.01%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BX Trust                                           | BX Commercial Mortgage Trust 2021-VOLT                                          | CUSIP: 05609VAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5877880 | PA      | $5859511.85   | 0.20%             | 2036-09-15      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| VERISK ANALYTICS INC                               | Verisk Analytics Inc                                                            | CUSIP: 92345YAM8<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |   1652000 | PA      | $1656959.49   | 0.06%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                         | AbbVie Inc                                                                      | CUSIP: 00287YDT3<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   1430000 | PA      | $1478085.49   | 0.05%             | 2031-03-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR INC                                    | Caterpillar Inc                                                                 | CUSIP: 149123CL3<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |   3134000 | PA      | $3242464.86   | 0.11%             | 2035-05-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                       | Ford Credit Auto Owner Trust 2024-D                                             | CUSIP: 34535VAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1067000 | PA      | $1079478.78   | 0.04%             | 2029-08-15      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137BPXH7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1127156 | PA      | $1119008.41   | 0.04%             | 2046-06-15      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| T-Mobile US Trust                                  | T-Mobile US Trust 2024-2                                                        | CUSIP: 87268CAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6373000 | PA      | $6397502.91   | 0.22%             | 2029-05-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                       | Ford Credit Auto Owner Trust 2025-B                                             | CUSIP: 34532BAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3305000 | PA      | $3301604.11   | 0.12%             | 2031-07-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XN6S8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2723016 | PA      | $2351076.07   | 0.08%             | 2042-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER CO                                   | Alabama Power Co                                                                | CUSIP: 010392GC6<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |   1333000 | PA      | $1362212.31   | 0.05%             | 2035-04-02      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3133B1BM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    767696 | PA      | $634331.69    | 0.02%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140MMXZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2742832 | PA      | $2739468.09   | 0.10%             | 2052-07-01      | Floating      | 4.36%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38378UWV5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1554652 | PA      | $1445066.07   | 0.05%             | 2043-06-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SUN COMMUNITIES OPER LP                            | Sun Communities Operating LP                                                    | CUSIP: 866677AH0<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              |  | US        |   1781000 | PA      | $1725440.78   | 0.06%             | 2032-04-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                             | Pacific Gas and Electric Co                                                     | CUSIP: 694308JN8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   3589000 | PA      | $3080391.15   | 0.11%             | 2050-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| JERSEY CENTRAL PWR & LT                            | Jersey Central Power & Light Co                                                 | CUSIP: 476556DG7<br>LEI: 549300W9UGH9ZPLNPF79 | Long             | DBT              | CORP              | US        |   2223000 | PA      | $2215154.03   | 0.08%             | 2031-01-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CRH SMW FINANCE DAC                                | CRH SMW Finance DAC                                                             | CUSIP: 12704PAB4<br>LEI: 54930044475SH442C864 | Long             | DBT              | CORP              | IE        |    378000 | PA      | $389062.35    | 0.01%             | 2030-01-09      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                 | Energy Transfer LP                                                              | CUSIP: 226373AR9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1744000 | PA      | $1768807.34   | 0.06%             | 2029-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                     | Eli Lilly & Co                                                                  | CUSIP: 532457DC9<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |   2884000 | PA      | $2887585.88   | 0.10%             | 2031-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC        | BBCMS Mortgage Trust 2025-5C37                                                  | CUSIP: 05494NAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1842000 | PA      | $1883142.18   | 0.07%             | 2058-09-15      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitization Trust          | SFS Auto Receivables Securitization Trust 2025-2                                | CUSIP: 78398HAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1765000 | PA      | $1792842.35   | 0.06%             | 2031-05-20      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136B3QB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    973499 | PA      | $948031.79    | 0.03%             | 2048-12-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31418CDL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3272137 | PA      | $2957056.02   | 0.10%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL CO                               | Saudi Arabian Oil Co                                                            | CUSIP: 80414L3F0<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |    554000 | PA      | $590549.72    | 0.02%             | 2055-06-02      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140MHUN7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1391624 | PA      | $1184671.06   | 0.04%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                       | Broadcom Inc                                                                    | CUSIP: 11135FBV2<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1346000 | PA      | $1342390.23   | 0.05%             | 2037-05-15      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136B0AG1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1508682 | PA      | $1486221.11   | 0.05%             | 2047-12-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AD7G8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    712570 | PA      | $619571.54    | 0.02%             | 2043-05-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XRRM9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1854851 | PA      | $1754634.07   | 0.06%             | 2037-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ENTERGY ARKANSAS LLC                               | Entergy Arkansas LLC                                                            | CUSIP: 29366MAD0<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |   1885000 | PA      | $1949178.33   | 0.07%             | 2033-01-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31374CS31<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2114172 | PA      | $1941942.71   | 0.07%             | 2044-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                   | Crown Castle Inc                                                                | CUSIP: 22822VAW1<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     68000 | PA      | $59535.23     | 0.00%             | 2031-04-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140Y6YJ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  18520748 | PA      | $18731844.58  | 0.65%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3138EQKN1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    327443 | PA      | $318697.16    | 0.01%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140QHHD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2742258 | PA      | $2352043.08   | 0.08%             | 2051-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38382NFF9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1354647 | PA      | $1350598.81   | 0.05%             | 2051-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL SA                           | TotalEnergies Capital SA                                                        | CUSIP: 89157XAC5<br>LEI: 529900QI55ZLJVCMPA71 | Long             | DBT              | CORP              | FR        |    475000 | PA      | $473244.28    | 0.02%             | 2064-04-05      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| Ally Auto Receivables Trust                        | Ally Auto Receivables Trust 2022-3                                              | CUSIP: 02008DAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1172000 | PA      | $1178396.31   | 0.04%             | 2028-10-16      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                            | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GB37<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   2944000 | PA      | $3030683.52   | 0.11%             | 2035-07-23      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                             | Mitsubishi UFJ Financial Group Inc                                              | CUSIP: 606822DQ4<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |   2726000 | PA      | $2769920.30   | 0.10%             | 2036-09-12      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                           | Northern States Power Co/MN                                                     | CUSIP: 665772CZ0<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |   2056000 | PA      | $2096936.46   | 0.07%             | 2035-05-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                              | Mexico Government International Bond                                            | CUSIP: 91087BBF6<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1994000 | PA      | $2095713.94   | 0.07%             | 2038-01-29      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140QKKA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6139634 | PA      | $5114511.67   | 0.18%             | 2046-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XMAN6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1679414 | PA      | $1543177.78   | 0.05%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AKER BP ASA                                        | Aker BP ASA                                                                     | CUSIP: 00973RAP8<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |    442000 | PA      | $409782.97    | 0.01%             | 2054-10-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140FXTM4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4647598 | PA      | $4126446.41   | 0.14%             | 2050-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FYCE4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1695793 | PA      | $1437970.53   | 0.05%             | 2051-02-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                 | Energy Transfer LP                                                              | CUSIP: 29273RBL2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    962000 | PA      | $868855.89    | 0.03%             | 2047-04-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 3142AWQG3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1562510 | PA      | $1578117.77   | 0.06%             | 2055-08-01      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FKLB0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2219912 | PA      | $2193695.69   | 0.08%             | 2049-01-15      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Lease Trust                        | Volkswagen Auto Lease Trust 2025-B                                              | CUSIP: 92868BAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5513000 | PA      | $5520575.96   | 0.19%             | 2029-01-22      | Fixed         | 4.01%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137AJB29<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    598017 | PA      | $592429.11    | 0.02%             | 2041-11-15      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3133KNJJ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  28962243 | PA      | $24877924.32  | 0.87%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136A6EJ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    779931 | PA      | $773571.34    | 0.03%             | 2042-05-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XHU39<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1126332 | PA      | $1122830.10   | 0.04%             | 2035-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                             | Chase Auto Owner Trust 2022-A                                                   | CUSIP: 16144JAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1504000 | PA      | $1502359.29   | 0.05%             | 2028-03-27      | Fixed         | 3.99%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                 | BMO 2025-C11 Mortgage Trust                                                     | CUSIP: 05613XAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1380000 | PA      | $1463509.73   | 0.05%             | 2058-02-15      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Notes                                                             | CUSIP: 91282CPB1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14966000 | PA      | $14933846.45  | 0.52%             | 2027-09-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Bonds                                                             | CUSIP: 912810RT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10114000 | PA      | $6747934.38   | 0.24%             | 2046-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3133KLUA3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4779349 | PA      | $4113755.64   | 0.14%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3133KKNG0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   9801744 | PA      | $8409123.26   | 0.29%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136A9AN8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    521485 | PA      | $515215.84    | 0.02%             | 2042-10-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| GALAXY PIPELINE ASSETS                             | Galaxy Pipeline Assets Bidco Ltd                                                | CUSIP: 36321PAD2<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |   1540316 | PA      | $1398535.78   | 0.05%             | 2034-03-31      | Fixed         | 2.16%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                         | Verus Securitization Trust 2021-8                                               | CUSIP: 92538GAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1518923 | PA      | $1405863.79   | 0.05%             | 2066-11-25      | Variable      | 1.82%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                          | Apple Inc                                                                       | CUSIP: 037833EE6<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    685000 | PA      | $492432.98    | 0.02%             | 2041-02-08      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds              | Mexico Government International Bonds                                           | CUSIP: 91086QBB3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1304000 | PA      | $1083298.00   | 0.04%             | 2044-03-08      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                      | Citigroup Inc                                                                   | CUSIP: 172967QA2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2478000 | PA      | $2525085.49   | 0.09%             | 2031-05-07      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137BRN76<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2185404 | PA      | $2163996.27   | 0.08%             | 2046-08-15      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                   | T-Mobile USA Inc                                                                | CUSIP: 87264ADT9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   1948000 | PA      | $1995106.98   | 0.07%             | 2035-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140FXHL9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1174832 | PA      | $1120607.54   | 0.04%             | 2042-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                       | Broadcom Inc                                                                    | CUSIP: 11135FCC3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   2388000 | PA      | $2404591.18   | 0.08%             | 2032-02-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3133KYTW9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7870807 | PA      | $6931194.25   | 0.24%             | 2040-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                         | Navient Private Education Refi Loan Trust 2021-E                                | CUSIP: 63942EAA6<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |   3129121 | PA      | $2820479.96   | 0.10%             | 2069-12-16      | Fixed         | 0.97%                 | No            |                  2 | On Loan: No      |
| GM Financial Automobile Leasing Trust              | GM Financial Automobile Leasing Trust 2023-3                                    | CUSIP: 379929AE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    955000 | PA      | $957913.61    | 0.03%             | 2027-08-20      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                               | Howmet Aerospace Inc                                                            | CUSIP: 443201AC2<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |   1276000 | PA      | $1309223.16   | 0.05%             | 2031-10-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| World Financial Network Credit Card Master Trust   | World Financial Network Credit Card Master Trust                                | CUSIP: 981464HR4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    723000 | PA      | $738713.18    | 0.03%             | 2031-02-15      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Bonds                                                             | CUSIP: 912810SC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  40317000 | PA      | $31088186.72  | 1.09%             | 2048-05-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Bonds                                                             | CUSIP: 912810UN6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  26406000 | PA      | $26996009.06  | 0.94%             | 2045-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                 | BMO 2025-5C10 Mortgage Trust                                                    | CUSIP: 05615BAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1367000 | PA      | $1425196.61   | 0.05%             | 2058-05-15      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XNZC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1384172 | PA      | $1468418.96   | 0.05%             | 2053-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SBNA Auto Receivables Trust                        | SBNA Auto Receivables Trust 2024-A                                              | CUSIP: 78437PAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    636000 | PA      | $642280.88    | 0.02%             | 2029-04-16      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                           | Benchmark 2021-B25 Mortgage Trust                                               | CUSIP: 08163DAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    910000 | PA      | $826924.83    | 0.03%             | 2054-04-15      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                         | Navient Private Education Refi Loan Trust 2019-D                                | CUSIP: 63941CAB9<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |   1832548 | PA      | $1783335.69   | 0.06%             | 2059-12-15      | Fixed         | 3.01%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ELECTRIC POWER                           | Wisconsin Electric Power Co                                                     | CUSIP: 976656CU0<br>LEI: AENKIFMULUAWOUU8Q584 | Long             | DBT              | CORP              | US        |   1786000 | PA      | $1778456.28   | 0.06%             | 2030-10-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                         | AbbVie Inc                                                                      | CUSIP: 00287YCA5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    998000 | PA      | $893145.50    | 0.03%             | 2039-11-21      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Notes                                                             | CUSIP: 91282CNV9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1512000 | PA      | $1511940.94   | 0.05%             | 2027-08-31      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                               | Glencore Funding LLC                                                            | CUSIP: 378272BU1<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   1111000 | PA      | $1156276.58   | 0.04%             | 2034-04-04      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| EXPORT FIN & INS CORP                              | Export Finance & Insurance Corp                                                 | CUSIP: 30220L2B9<br>LEI: 213800XAAULSUYWPBB61 | Long             | DBT              | NUSS              | AU        |   3290000 | PA      | $3345591.76   | 0.12%             | 2027-10-26      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                | New Residential Mortgage Loan Trust 2019-NQM4                                   | CUSIP: 64828EAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    244571 | PA      | $235004.80    | 0.01%             | 2059-09-25      | Variable      | 2.49%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136ALXB2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    648221 | PA      | $638783.59    | 0.02%             | 2044-11-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| AKER BP ASA                                        | Aker BP ASA                                                                     | CUSIP: 00973RAN3<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |   1373000 | PA      | $1349632.30   | 0.05%             | 2034-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140AXCD7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2243061 | PA      | $2276523.44   | 0.08%             | 2055-05-01      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Ginnie Mae I Pool                                                               | CUSIP: 3622AB3S9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5507161 | PA      | $5041524.82   | 0.18%             | 2047-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                             | Philip Morris International Inc                                                 | CUSIP: 718172DU0<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   3744000 | PA      | $3746144.71   | 0.13%             | 2035-04-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                   | BAT Capital Corp                                                                | CUSIP: 054989AD0<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    522000 | PA      | $598316.56    | 0.02%             | 2053-08-02      | Fixed         | 7.08%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds              | Mexico Government International Bonds                                           | CUSIP: 91087BAS9<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1249000 | PA      | $931191.95    | 0.03%             | 2052-02-12      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AYPC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    878434 | PA      | $870949.25    | 0.03%             | 2047-10-25      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| REGENCY CENTERS LP                                 | Regency Centers LP                                                              | CUSIP: 75884RAZ6<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              |  | US        |   2221000 | PA      | $2120614.89   | 0.07%             | 2029-09-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 31288RGF9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1271405 | PA      | $1288424.28   | 0.05%             | 2055-08-01      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140W24T5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1287872 | PA      | $1164320.58   | 0.04%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140JB6J0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9377194 | PA      | $9476239.19   | 0.33%             | 2053-04-01      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140QTRB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1482254 | PA      | $1494730.43   | 0.05%             | 2053-12-01      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137BSAQ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1178079 | PA      | $1167659.42   | 0.04%             | 2046-10-15      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                           | Capital One Financial Corp                                                      | CUSIP: 14040HDF9<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   3684000 | PA      | $3910629.84   | 0.14%             | 2035-02-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                 | Energy Transfer LP                                                              | CUSIP: 29273VAW0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   3868000 | PA      | $3745883.99   | 0.13%             | 2054-05-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 31288QWY2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4682617 | PA      | $4678871.73   | 0.16%             | 2053-05-01      | Floating      | 4.22%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137H6SL0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1525414 | PA      | $1433622.86   | 0.05%             | 2049-07-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                         | Verus Securitization Trust 2021-7                                               | CUSIP: 92538QAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    844337 | PA      | $771492.85    | 0.03%             | 2066-10-25      | Variable      | 1.83%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Notes                                                             | CUSIP: 91282CPA3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  26300000 | PA      | $26166445.44  | 0.91%             | 2030-09-30      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                       | Comcast Corp                                                                    | CUSIP: 20030NEF4<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    757000 | PA      | $709834.09    | 0.02%             | 2053-05-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| AMERICAN TRANSMISSION SY                           | American Transmission Systems Inc                                               | CUSIP: 030288AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    586000 | PA      | $525737.30    | 0.02%             | 2032-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                       | Synopsys Inc                                                                    | CUSIP: 871607AD9<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |   1644000 | PA      | $1679998.50   | 0.06%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                         | AbbVie Inc                                                                      | CUSIP: 00287YAR0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    146000 | PA      | $143269.78    | 0.01%             | 2035-05-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO                                | Consumers Energy Co                                                             | CUSIP: 210518DZ6<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |   1823000 | PA      | $1854617.16   | 0.06%             | 2035-05-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| PPL CAPITAL FUNDING INC                            | PPL Capital Funding Inc                                                         | CUSIP: 69352PAT0<br>LEI: 549300MROK5WY0D2NU17 | Long             | DBT              | CORP              | US        |    873000 | PA      | $892863.39    | 0.03%             | 2034-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                    | Chevron USA Inc                                                                 | CUSIP: 166756BJ4<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |   1722000 | PA      | $1731384.88   | 0.06%             | 2030-10-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Synchrony Card Issuance Trust                      | Synchrony Card Funding LLC                                                      | CUSIP: 87166PAQ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3891000 | PA      | $3937637.53   | 0.14%             | 2031-05-15      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FLTS3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1546971 | PA      | $1437638.18   | 0.05%             | 2050-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                          | ONEOK Inc                                                                       | CUSIP: 682680CG6<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    383000 | PA      | $365579.63    | 0.01%             | 2064-11-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140QVL28<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    975220 | PA      | $1018910.83   | 0.04%             | 2054-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                | American Express Co                                                             | CUSIP: 025816EH8<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   1248000 | PA      | $1318516.68   | 0.05%             | 2036-04-25      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| General Motors                                     | GMF Floorplan Owner Revolving Trust                                             | CUSIP: 361886EB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4883000 | PA      | $4945633.75   | 0.17%             | 2030-03-15      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| CADENCE DESIGN SYS INC                             | Cadence Design Systems Inc                                                      | CUSIP: 127387AN8<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | DBT              | CORP              | US        |   4944000 | PA      | $4975137.56   | 0.17%             | 2029-09-10      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XHDY0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  14963977 | PA      | $13522126.90  | 0.47%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140QVL85<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1546742 | PA      | $1634623.62   | 0.06%             | 2054-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                            | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GC36<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   3786000 | PA      | $3908223.29   | 0.14%             | 2031-01-28      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 31288RCK2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2203429 | PA      | $2222237.51   | 0.08%             | 2054-10-01      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| JERSEY CENTRAL PWR & LT                            | Jersey Central Power & Light Co                                                 | CUSIP: 476556DD4<br>LEI: 549300W9UGH9ZPLNPF79 | Long             | DBT              | CORP              | US        |   1381000 | PA      | $1234770.03   | 0.04%             | 2032-03-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                         | Verus Securitization Trust 2021-4                                               | CUSIP: 92538HAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1464848 | PA      | $1245233.83   | 0.04%             | 2066-07-25      | Variable      | 0.94%                 | No            |                  2 | On Loan: No      |
| JERSEY CENTRAL PWR & LT                            | Jersey Central Power & Light Co                                                 | CUSIP: 476556DJ1<br>LEI: 549300W9UGH9ZPLNPF79 | Long             | DBT              | CORP              | US        |   1334000 | PA      | $1332303.55   | 0.05%             | 2029-01-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140FXT36<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1736465 | PA      | $1580602.90   | 0.06%             | 2050-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140FXJ60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8806577 | PA      | $7953351.27   | 0.28%             | 2052-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                           | Angel Oak Mortgage Trust 2020-5                                                 | CUSIP: 03464WAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    119247 | PA      | $114508.87    | 0.00%             | 2065-05-25      | Variable      | 1.37%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                     | Eli Lilly & Co                                                                  | CUSIP: 532457CQ9<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |   2995000 | PA      | $3016201.04   | 0.11%             | 2029-08-14      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38382NLJ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1948043 | PA      | $1943030.89   | 0.07%             | 2051-02-20      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| VERISK ANALYTICS INC                               | Verisk Analytics Inc                                                            | CUSIP: 92345YAN6<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |   1845000 | PA      | $1862061.95   | 0.07%             | 2036-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38383PLD1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5475725 | PA      | $4956237.42   | 0.17%             | 2052-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132AEUB0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2689374 | PA      | $2472906.95   | 0.09%             | 2043-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                          | ONEOK Inc                                                                       | CUSIP: 682680DD2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   1239000 | PA      | $1258229.69   | 0.04%             | 2055-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3142GS4R6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1027938 | PA      | $1089248.74   | 0.04%             | 2054-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HCA INC                                            | HCA Inc                                                                         | CUSIP: 404119CR8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    714000 | PA      | $704966.24    | 0.02%             | 2053-06-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3138W9BH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1413533 | PA      | $1299065.55   | 0.05%             | 2043-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                          | Apple Inc                                                                       | CUSIP: 037833EZ9<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |   2477000 | PA      | $2503709.00   | 0.09%             | 2030-05-12      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                            | Consolidated Edison Co of New York Inc                                          | CUSIP: 209111FW8<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    479000 | PA      | $342994.33    | 0.01%             | 2059-11-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38382XAA3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1186290 | PA      | $989714.08    | 0.03%             | 2051-08-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136B1Q49<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1774961 | PA      | $1702536.23   | 0.06%             | 2048-06-25      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132DM5F8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     99842 | PA      | $85493.87     | 0.00%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3133KYUJ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   9791395 | PA      | $8594692.09   | 0.30%             | 2040-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137B3V70<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2390657 | PA      | $2353584.48   | 0.08%             | 2043-08-15      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                              | Wells Fargo & Co                                                                | CUSIP: 95000U3N1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1534000 | PA      | $1567352.29   | 0.05%             | 2035-12-03      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| Starwood Residential Mortgage Trust                | STAR 2021-1 Trust                                                               | CUSIP: 85573GAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    440668 | PA      | $413894.94    | 0.01%             | 2065-05-25      | Variable      | 1.22%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                     | Lowe's Cos Inc                                                                  | CUSIP: 548661EB9<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |   1142000 | PA      | $811128.97    | 0.03%             | 2051-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                       | Synopsys Inc                                                                    | CUSIP: 871607AE7<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |   1448000 | PA      | $1472984.31   | 0.05%             | 2035-04-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                         | Navient Private Education Refi Loan Trust 2018-D                                | CUSIP: 63940UAB0<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |    783022 | PA      | $777772.54    | 0.03%             | 2059-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                          | MSBAM                                                                           | CUSIP: 61778GAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    638000 | PA      | $666938.02    | 0.02%             | 2058-03-15      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE OKLAHOMA                            | Public Service Co of Oklahoma                                                   | CUSIP: 744533BP4<br>LEI: F3TJNSIZRGXRH8GEIK79 | Long             | DBT              | CORP              | US        |    850000 | PA      | $554588.72    | 0.02%             | 2051-08-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                           | Sumitomo Mitsui Financial Group Inc                                             | CUSIP: 86562MDZ0<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |   1710000 | PA      | $1740397.28   | 0.06%             | 2033-07-08      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                              | Wells Fargo & Co                                                                | CUSIP: 95000U3W1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1622000 | PA      | $1672770.16   | 0.06%             | 2031-04-23      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                         | Navient Private Education Refi Loan Trust 2021-C                                | CUSIP: 63942JAA5<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |   1847402 | PA      | $1684391.14   | 0.06%             | 2069-10-15      | Fixed         | 1.06%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 31427MSZ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1702086 | PA      | $1538082.00   | 0.05%             | 2049-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitization Trust          | SFS Auto Receivables Securitization Trust 2024-1                                | CUSIP: 78435VAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    557000 | PA      | $565751.53    | 0.02%             | 2031-01-21      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| SIEMENS FUNDING BV                                 | Siemens Funding BV                                                              | CUSIP: 82622RAF3<br>LEI: 213800CCRGH2TO338X64 | Long             | DBT              | CORP              | NL        |   1272000 | PA      | $1364845.72   | 0.05%             | 2055-05-28      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136B5ZS7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1380939 | PA      | $1354841.87   | 0.05%             | 2049-08-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140HKD54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    481706 | PA      | $413158.74    | 0.01%             | 2050-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136ARQU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    814047 | PA      | $804575.71    | 0.03%             | 2046-03-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                         | Intel Corp                                                                      | CUSIP: 458140BJ8<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    474000 | PA      | $314967.60    | 0.01%             | 2049-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                       | UBS Group AG                                                                    | CUSIP: 225401BP2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   5204000 | PA      | $5178909.07   | 0.18%             | 2037-03-23      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                       | Broadcom Inc                                                                    | CUSIP: 11135FCD1<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   3344000 | PA      | $3367389.07   | 0.12%             | 2034-10-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                               | Verizon Master Trust                                                            | CUSIP: 92348KDJ9<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   4438000 | PA      | $4478885.08   | 0.16%             | 2032-08-20      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                            | Carmax Auto Owner Trust 2025-2                                                  | CUSIP: 14320AAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4491000 | PA      | $4538168.52   | 0.16%             | 2030-03-15      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 31339WNA0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     80006 | PA      | $83099.19     | 0.00%             | 2032-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38379QD93<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1681289 | PA      | $1493594.14   | 0.05%             | 2045-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AUAS0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1980652 | PA      | $1961676.11   | 0.07%             | 2046-11-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| SIEMENS FUNDING BV                                 | Siemens Funding BV                                                              | CUSIP: 82622RAD8<br>LEI: 213800CCRGH2TO338X64 | Long             | DBT              | CORP              | NL        |   2508000 | PA      | $2572488.25   | 0.09%             | 2032-05-28      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132CXVT6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2929745 | PA      | $2886027.30   | 0.10%             | 2033-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FUQ98<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1249391 | PA      | $1235025.63   | 0.04%             | 2050-07-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Ginnie Mae II Pool                                                              | CUSIP: 3622ACCS7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   7255270 | PA      | $7486535.07   | 0.26%             | 2053-01-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                             | UnitedHealth Group Inc                                                          | CUSIP: 91324PES7<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |   2426000 | PA      | $2494134.60   | 0.09%             | 2053-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3133B3ZD2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    979664 | PA      | $796120.95    | 0.03%             | 2047-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                 | Realty Income Corp                                                              | CUSIP: 756109CW2<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |   1449000 | PA      | $1441817.77   | 0.05%             | 2029-02-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| AmeriCredit Automobile Receivables Trust           | AmeriCredit Automobile Receivables Trust 2023-2                                 | CUSIP: 03065UAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2021497 | PA      | $2036652.66   | 0.07%             | 2028-05-18      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                            | Nationwide Building Society                                                     | CUSIP: 63861VAP2<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   2695000 | PA      | $2684892.97   | 0.09%             | 2030-09-30      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Notes                                                             | CUSIP: 91282CNN7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6767000 | PA      | $6807707.70   | 0.24%             | 2030-07-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137ATCV2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1324833 | PA      | $1254945.35   | 0.04%             | 2041-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137H77M9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3088250 | PA      | $2961160.99   | 0.10%             | 2050-09-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                 | Realty Income Corp                                                              | CUSIP: 756109CC6<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    972000 | PA      | $940992.26    | 0.03%             | 2030-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                     | Home Depot Inc/The                                                              | CUSIP: 437076DD1<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    422000 | PA      | $435467.31    | 0.02%             | 2031-06-25      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust             | Santander Drive Auto Receivables Trust 2025-2                                   | CUSIP: 80287NAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2360000 | PA      | $2378575.32   | 0.08%             | 2029-08-15      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey            | PORT AUTH OF NEW YORK & NEW JERSEY NY                                           | CUSIP: 73358WJA3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2355000 | PA      | $2009907.96   | 0.07%             | 2062-10-01      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| ACCENTURE CAPITAL INC                              | Accenture Capital Inc                                                           | CUSIP: 00440KAD5<br>LEI: 254900FRO0P7RIINYT25 | Long             | DBT              | CORP              | US        |   2101000 | PA      | $2072056.79   | 0.07%             | 2034-10-04      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132DTZW3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2435605 | PA      | $2200871.63   | 0.08%             | 2048-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NSTAR ELECTRIC CO                                  | NSTAR Electric Co                                                               | CUSIP: 67021CAW7<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |    257000 | PA      | $261890.73    | 0.01%             | 2035-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                           | AT&T Inc                                                                        | CUSIP: 00206RNB4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1655000 | PA      | $1647657.59   | 0.06%             | 2032-11-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 3142AWQC2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2378853 | PA      | $2403392.64   | 0.08%             | 2055-07-01      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140W1UP6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1950445 | PA      | $1792429.81   | 0.06%             | 2048-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust             | Santander Drive Auto Receivables Trust 2025-3                                   | CUSIP: 80288JAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2895000 | PA      | $2912418.64   | 0.10%             | 2030-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31418ECZ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    991704 | PA      | $873654.80    | 0.03%             | 2042-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TRANS-ALLEGHENY INTERSTA                           | Trans-Allegheny Interstate Line Co                                              | CUSIP: 893045AF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1791000 | PA      | $1836314.20   | 0.06%             | 2031-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                           | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                      | CUSIP: 46590XAU0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   2504000 | PA      | $2334136.98   | 0.08%             | 2032-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                         | Intel Corp                                                                      | CUSIP: 458140BV1<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    809000 | PA      | $565872.46    | 0.02%             | 2041-08-12      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 31427M5F4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1678119 | PA      | $1516425.39   | 0.05%             | 2048-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140MM3B2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2330898 | PA      | $2329306.38   | 0.08%             | 2052-08-01      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC        | BBCMS Mortgage Trust 2018-C2                                                    | CUSIP: 05491UBA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    416656 | PA      | $417344.44    | 0.01%             | 2051-12-15      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST                             | Commonwealth Bank of Australia                                                  | CUSIP: 20271RAW0<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |   1836000 | PA      | $1835403.98   | 0.06%             | 2030-10-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140QMT95<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2477660 | PA      | $2121591.08   | 0.07%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38384QXH6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1918000 | PA      | $1658578.99   | 0.06%             | 2049-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OP                                | Invitation Homes Operating Partnership LP                                       | CUSIP: 46188BAA0<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              |  | US        |    280000 | PA      | $241938.41    | 0.01%             | 2031-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136B2TN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1359031 | PA      | $1307393.47   | 0.05%             | 2048-08-25      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                          | Uniform Mortgage-Backed Security, TBA                                           | CUSIP: 01F0526A5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   7200000 | PA      | $7259313.38   | 0.25%             | 2054-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OP                                | Invitation Homes Operating Partnership LP                                       | CUSIP: 46188BAG7<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              |  | US        |   1433000 | PA      | $1415093.42   | 0.05%             | 2035-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                              | Foundry JV Holdco LLC                                                           | CUSIP: 350930AG8<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    793000 | PA      | $836207.02    | 0.03%             | 2033-01-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38383LFS4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5932327 | PA      | $5902858.60   | 0.21%             | 2052-11-20      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38380HEJ7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3844857 | PA      | $3501288.41   | 0.12%             | 2047-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                 | BMO 2025-C12 Mortgage Trust                                                     | CUSIP: 05615DAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    911000 | PA      | $977991.84    | 0.03%             | 2058-06-15      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                            | Public Service Electric and Gas Co                                              | CUSIP: 74456QCE4<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    349000 | PA      | $189256.80    | 0.01%             | 2050-08-01      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                | Southern California Edison Co                                                   | CUSIP: 842400GK3<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    946000 | PA      | $722798.84    | 0.03%             | 2048-03-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38383RU96<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  11735428 | PA      | $9826106.70   | 0.34%             | 2052-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds              | Mexico Government International Bonds                                           | CUSIP: 91087BAR1<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1750000 | PA      | $1519875.00   | 0.05%             | 2034-02-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137HAL87<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2836417 | PA      | $2844174.71   | 0.10%             | 2039-10-15      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140FXUX8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    666918 | PA      | $634441.23    | 0.02%             | 2044-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                       | UBS Group AG                                                                    | CUSIP: 225401BK3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   3353000 | PA      | $3345057.51   | 0.12%             | 2029-12-23      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38384XN25<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   7527192 | PA      | $7251655.16   | 0.25%             | 2051-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ford Credit Floorplan Master Owner Trust           | Ford Credit Floorplan Master Owner Trust A                                      | CUSIP: 34528QJK1<br>LEI: 5493001DTG5N7T8BG747 | Long             | ABS-O            | CORP              | US        |   6050000 | PA      | $6076972.72   | 0.21%             | 2029-09-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137A0PE9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    660467 | PA      | $655834.19    | 0.02%             | 2040-07-15      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3138Y7DK5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     51397 | PA      | $50915.48     | 0.00%             | 2046-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Bank of America Credit Card Trust                  | BA Credit Card Trust                                                            | CUSIP: 05522RDK1<br>LEI: 5493006DQ60M1CRKHH19 | Long             | ABS-O            | CORP              | US        |   5726000 | PA      | $5791523.76   | 0.20%             | 2030-05-15      | Fixed         | 4.31%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136ADY52<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    881471 | PA      | $773399.82    | 0.03%             | 2043-05-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                            | John Deere Capital Corp                                                         | CUSIP: 24422EXD6<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |   1753000 | PA      | $1774929.14   | 0.06%             | 2026-09-08      | Fixed         | 5.15%                 | 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        |   2155000 | PA      | $2176381.91   | 0.08%             | 2030-06-17      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| REGENCY CENTERS LP                                 | Regency Centers LP                                                              | CUSIP: 75884RBD4<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              |  | US        |   1403000 | PA      | $1435314.36   | 0.05%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddiemac Strip                                   | Freddie Mac Strips                                                              | CUSIP: 3132HT3R5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    999520 | PA      | $996415.04    | 0.03%             | 2044-03-15      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD ASSET MANAGEM                           | Brookfield Asset Management Ltd                                                 | CUSIP: 112586AB8<br>LEI: 549300CZ84WPNJZKY093 | Long             | DBT              | CORP              | CA        |    969000 | PA      | $1005476.84   | 0.04%             | 2055-09-15      | Fixed         | 6.08%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140QVFB5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2341646 | PA      | $2473375.16   | 0.09%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Ginnie Mae II Pool                                                              | CUSIP: 3618N5TN9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  27020048 | PA      | $27263319.02  | 0.95%             | 2055-08-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140QKQY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3595996 | PA      | $3232615.43   | 0.11%             | 2041-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ENTERGY ARKANSAS LLC                               | Entergy Arkansas LLC                                                            | CUSIP: 29366MAB4<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |   1132000 | PA      | $684522.43    | 0.02%             | 2051-06-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential Trust 2020-INV1      | Starwood Mortgage Residential Trust 2020-INV                                    | CUSIP: 85573EAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    255080 | PA      | $242557.84    | 0.01%             | 2055-11-25      | Variable      | 1.03%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH CO/INBEV                            | Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc                     | CUSIP: 03522AAH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4955000 | PA      | $4892083.84   | 0.17%             | 2036-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| EATON CAPITAL ULC                                  | Eaton Capital ULC                                                               | CUSIP: 27806HAA9<br>LEI: 549300OLS85LSODKAF64 | Long             | DBT              | CORP              | IE        |   1276000 | PA      | $1289227.40   | 0.05%             | 2030-05-09      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AT4D3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    965507 | PA      | $957724.96    | 0.03%             | 2046-10-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                 | Union Pacific Corp                                                              | CUSIP: 907818GH5<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    744000 | PA      | $755545.54    | 0.03%             | 2054-12-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3133KYUA5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4945292 | PA      | $4343617.90   | 0.15%             | 2040-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38383FF57<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   6061869 | PA      | $5296431.49   | 0.19%             | 2049-10-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140QVEW0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4382939 | PA      | $4571184.21   | 0.16%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                        | Truist Bank                                                                     | CUSIP: 89788JAF6<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |   3870000 | PA      | $3886511.97   | 0.14%             | 2028-07-24      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XDJH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3600481 | PA      | $3135667.93   | 0.11%             | 2041-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3133USHW4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3116702 | PA      | $2820306.99   | 0.10%             | 2046-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137HFL94<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1251538 | PA      | $1235068.09   | 0.04%             | 2044-01-15      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                             | PNC Financial Services Group Inc/The                                            | CUSIP: 693475CA1<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   2198000 | PA      | $2228236.06   | 0.08%             | 2032-10-21      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                       | Comcast Corp                                                                    | CUSIP: 20030NDW8<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   1057000 | PA      | $603564.92    | 0.02%             | 2063-11-01      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140JBYR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2009783 | PA      | $2091295.30   | 0.07%             | 2050-03-01      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137H7W33<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1278884 | PA      | $1235048.26   | 0.04%             | 2039-07-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ACCENTURE CAPITAL INC                              | Accenture Capital Inc                                                           | CUSIP: 00440KAC7<br>LEI: 254900FRO0P7RIINYT25 | Long             | DBT              | CORP              | US        |   3821000 | PA      | $3815295.74   | 0.13%             | 2031-10-04      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AVFH7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    939786 | PA      | $882476.34    | 0.03%             | 2046-08-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137HCHB1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2295368 | PA      | $2291861.24   | 0.08%             | 2054-04-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Ginnie Mae II Pool                                                              | CUSIP: 3622ACGT1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1909460 | PA      | $1775861.48   | 0.06%             | 2037-12-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust/Ford Credit           | Ford Credit Auto Owner Trust 2025-REV2                                          | CUSIP: 34536BAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3736000 | PA      | $3757253.36   | 0.13%             | 2038-02-15      | Variable      | 4.37%                 | No            |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                              | Foundry JV Holdco LLC                                                           | CUSIP: 350930AF0<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    686000 | PA      | $711842.07    | 0.02%             | 2031-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AUTODESK INC                                       | Autodesk Inc                                                                    | CUSIP: 052769AH9<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | DBT              | CORP              | US        |    116000 | PA      | $102773.85    | 0.00%             | 2031-12-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 31288QAQ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    885209 | PA      | $923527.20    | 0.03%             | 2048-11-01      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                 | Energy Transfer LP                                                              | CUSIP: 29273VBE9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2808000 | PA      | $2899483.18   | 0.10%             | 2035-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FKRS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3452962 | PA      | $3327585.24   | 0.12%             | 2049-01-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                 | Credit Agricole SA                                                              | CUSIP: 22535WAS6<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   2722000 | PA      | $2705270.23   | 0.09%             | 2033-09-25      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                     | NRG Energy Inc                                                                  | CUSIP: 629377DB5<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    966000 | PA      | $969285.37    | 0.03%             | 2035-10-15      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORP                              | Northrop Grumman Corp                                                           | CUSIP: 666807CN0<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |   1367000 | PA      | $1390390.56   | 0.05%             | 2030-07-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136B2DN9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2036365 | PA      | $2013267.46   | 0.07%             | 2048-06-25      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| MIDAMERICAN ENERGY CO                              | MidAmerican Energy Co                                                           | CUSIP: 595620AW5<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |   1089000 | PA      | $684594.87    | 0.02%             | 2052-08-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132CWWX8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1692168 | PA      | $1605432.54   | 0.06%             | 2037-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Notes                                                             | CUSIP: 91282CHR5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25182000 | PA      | $25466281.11  | 0.89%             | 2030-07-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential Trust                | Starwood Mortgage Residential Trust 2020-3                                      | CUSIP: 85573MAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    286934 | PA      | $279813.99    | 0.01%             | 2065-04-25      | Variable      | 1.49%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                       | Comcast Corp                                                                    | CUSIP: 20030NCG4<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    911000 | PA      | $698485.02    | 0.02%             | 2052-11-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                           | Caterpillar Financial Services Corp                                             | CUSIP: 14913UAL4<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |   2866000 | PA      | $2915732.06   | 0.10%             | 2027-05-14      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140FXLJ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1513136 | PA      | $1505580.83   | 0.05%             | 2048-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                            | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GC51<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1349000 | PA      | $1398602.31   | 0.05%             | 2056-01-28      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                           | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175CA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    689000 | PA      | $466654.41    | 0.02%             | 2052-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AVXA2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    433172 | PA      | $429534.08    | 0.02%             | 2047-03-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                           | SUMITOMO MITSUI FINL GRP                                                        | CUSIP: 86562MDY3<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |   1710000 | PA      | $1728967.53   | 0.06%             | 2031-07-08      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                           | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                      | CUSIP: 46590XAY2<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    617000 | PA      | $644351.61    | 0.02%             | 2033-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XQ4S3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2388742 | PA      | $2047561.77   | 0.07%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XMLC8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  12501946 | PA      | $11297383.09  | 0.39%             | 2050-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                         | AbbVie Inc                                                                      | CUSIP: 00287YEB1<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    220000 | PA      | $225101.05    | 0.01%             | 2055-03-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                              | Norfolk Southern Corp                                                           | CUSIP: 655844CV8<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |   1654000 | PA      | $1688741.21   | 0.06%             | 2035-05-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                            | Carmax Auto Owner Trust 2025-3                                                  | CUSIP: 14290FAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1793000 | PA      | $1817519.99   | 0.06%             | 2031-01-15      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                           | Northern States Power Co/MN                                                     | CUSIP: 665772CY3<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |    760000 | PA      | $753461.33    | 0.03%             | 2054-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AY7F4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    383131 | PA      | $377929.38    | 0.01%             | 2048-01-25      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OP                                | Invitation Homes Operating Partnership LP                                       | CUSIP: 46188BAH5<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              |  | US        |   1641000 | PA      | $1648962.59   | 0.06%             | 2033-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                     | Hyundai Auto Receivables Trust 2022-A                                           | CUSIP: 448977AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    929235 | PA      | $925580.06    | 0.03%             | 2028-04-17      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                             | Verizon Communications Inc                                                      | CUSIP: 92343VFW9<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   1416000 | PA      | $873091.99    | 0.03%             | 2056-10-30      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| Ford Credit Floorplan Master Owner Trust           | Ford Credit Floorplan Master Owner Trust A                                      | CUSIP: 34529BAA4<br>LEI: 5493001DTG5N7T8BG747 | Long             | ABS-O            | CORP              | US        |   4654000 | PA      | $4719626.98   | 0.16%             | 2030-04-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137BHAJ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1089833 | PA      | $982234.78    | 0.03%             | 2045-03-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 3142AWQA6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1241777 | PA      | $1251279.54   | 0.04%             | 2055-07-01      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XCMJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1759064 | PA      | $1580204.52   | 0.06%             | 2041-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                     | Morgan Stanley                                                                  | CUSIP: 61748UAE2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   4743000 | PA      | $4895486.26   | 0.17%             | 2031-01-15      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XA2X9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1197725 | PA      | $1026667.65   | 0.04%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                           | Virginia Electric and Power Co                                                  | CUSIP: 927804GF5<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |   1257000 | PA      | $803872.43    | 0.03%             | 2051-11-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 31288RDJ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7024640 | PA      | $7091029.63   | 0.25%             | 2055-01-01      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Loan Enhanced Trust                | Volkswagen Auto Loan Enhanced Trust 2024-1                                      | CUSIP: 92868RAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1375000 | PA      | $1390885.38   | 0.05%             | 2029-07-20      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                           | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                      | CUSIP: 46590XAP1<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1861000 | PA      | $1664988.50   | 0.06%             | 2032-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                | FS KKR Capital Corp                                                             | CUSIP: 302635AP2<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |   2707000 | PA      | $2694912.03   | 0.09%             | 2030-01-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                         | AbbVie Inc                                                                      | CUSIP: 00287YDZ9<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   1917000 | PA      | $1973284.04   | 0.07%             | 2030-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                             | Diamondback Energy Inc                                                          | CUSIP: 25278XBA6<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    614000 | PA      | $591031.02    | 0.02%             | 2054-04-18      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38383RGE1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3328756 | PA      | $3182191.24   | 0.11%             | 2052-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140JB3L8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5251728 | PA      | $5253446.09   | 0.18%             | 2052-10-01      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XJEJ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    305750 | PA      | $304717.62    | 0.01%             | 2027-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                              | Wells Fargo & Co                                                                | CUSIP: 95000U4B6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1655000 | PA      | $1651692.07   | 0.06%             | 2036-09-15      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                           | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175CS1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1798000 | PA      | $1815175.02   | 0.06%             | 2035-12-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XLDL9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1699273 | PA      | $1518559.38   | 0.05%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 3142AWQJ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    745089 | PA      | $752768.54    | 0.03%             | 2055-08-01      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                         | Navient Private Education Refi Loan Trust 2019-C                                | CUSIP: 63940YAB2<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |    394873 | PA      | $390047.41    | 0.01%             | 2068-02-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Ginnie Mae II Pool                                                              | CUSIP: 3622ACMM9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3580160 | PA      | $3325185.41   | 0.12%             | 2038-06-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AQQT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1432536 | PA      | $1349893.59   | 0.05%             | 2033-08-25      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| SIEMENS FUNDING BV                                 | Siemens Funding BV                                                              | CUSIP: 82622RAC0<br>LEI: 213800CCRGH2TO338X64 | Long             | DBT              | CORP              | NL        |   2081000 | PA      | $2118442.23   | 0.07%             | 2030-05-28      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38380BNN1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1001453 | PA      | $911046.58    | 0.03%             | 2044-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                        | Oracle Corp                                                                     | CUSIP: 68389XCU7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1231000 | PA      | $1130822.62   | 0.04%             | 2054-09-27      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner Trust                 | Honda Auto Receivables 2025-3 Owner Trust                                       | CUSIP: 43813QAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2586000 | PA      | $2594525.27   | 0.09%             | 2031-11-21      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140FXXP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1255989 | PA      | $1119042.04   | 0.04%             | 2052-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds              | Mexico Government International Bonds                                           | CUSIP: 91087BAD2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1184000 | PA      | $932636.80    | 0.03%             | 2048-02-10      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FVAY8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1465346 | PA      | $1405844.73   | 0.05%             | 2050-08-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XKE22<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2165528 | PA      | $1985131.48   | 0.07%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FAXZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1195654 | PA      | $1123782.14   | 0.04%             | 2047-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137AK4K4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    551164 | PA      | $547204.97    | 0.02%             | 2041-12-15      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 3142AWPS8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1343047 | PA      | $1352581.08   | 0.05%             | 2055-06-01      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XG2P3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6702646 | PA      | $5535464.59   | 0.19%             | 2047-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38383HAG4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2316515 | PA      | $1889068.54   | 0.07%             | 2051-09-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AGREE LP                                           | Agree LP                                                                        | CUSIP: 008513AF0<br>LEI: 549300DXY3G299V1BO77 | Long             | DBT              |  | US        |   1439000 | PA      | $1500218.53   | 0.05%             | 2035-06-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                | Delta Air Lines Inc                                                             | CUSIP: 247361A32<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |   4314000 | PA      | $4401109.24   | 0.15%             | 2030-07-10      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XLZA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1747378 | PA      | $1605812.44   | 0.06%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                 | Realty Income Corp                                                              | CUSIP: 756109CX0<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |   1235000 | PA      | $1221501.45   | 0.04%             | 2033-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AGREE LP                                           | Agree LP                                                                        | CUSIP: 008513AC7<br>LEI: 549300DXY3G299V1BO77 | Long             | DBT              |  | US        |    401000 | PA      | $343143.77    | 0.01%             | 2033-06-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132E0TX0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1331280 | PA      | $1203005.31   | 0.04%             | 2048-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                            | Oncor Electric Delivery Co LLC                                                  | CUSIP: 68233JCZ5<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |   1155000 | PA      | $1194613.94   | 0.04%             | 2035-04-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132DUD20<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  11017190 | PA      | $11490375.37  | 0.40%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                              | Duke Energy Carolinas LLC                                                       | CUSIP: 26442CBK9<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |   1101000 | PA      | $1079860.67   | 0.04%             | 2053-01-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140BFNZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    788346 | PA      | $796807.42    | 0.03%             | 2055-08-01      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                           | AT&T Inc                                                                        | CUSIP: 00206RNC2<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1655000 | PA      | $1642078.94   | 0.06%             | 2035-11-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38383AZA5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   9131056 | PA      | $7805490.85   | 0.27%             | 2051-09-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XFHB0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1169064 | PA      | $967426.81    | 0.03%             | 2047-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                         | AbbVie Inc                                                                      | CUSIP: 00287YCY3<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    413000 | PA      | $406557.11    | 0.01%             | 2035-03-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FQS53<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    919148 | PA      | $777408.20    | 0.03%             | 2047-12-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                          | ONEOK Inc                                                                       | CUSIP: 682680CF8<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   2060000 | PA      | $1944784.84   | 0.07%             | 2054-11-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                            | Hyundai Capital America                                                         | CUSIP: 44891AEA1<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   1241000 | PA      | $1235091.38   | 0.04%             | 2030-09-18      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                             | Canadian Imperial Bank of Commerce                                              | CUSIP: 13607QFD9<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   2908000 | PA      | $2912965.58   | 0.10%             | 2028-09-08      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                           | Anheuser-Busch InBev Worldwide Inc                                              | CUSIP: 03523TBU1<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    962000 | PA      | $993954.17    | 0.03%             | 2039-01-23      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140Y6PQ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5533211 | PA      | $5610365.01   | 0.20%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Ginnie Mae II Pool                                                              | CUSIP: 36179VQH6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  10330310 | PA      | $8757324.89   | 0.31%             | 2050-07-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 31288RDM7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    974749 | PA      | $984617.45    | 0.03%             | 2054-02-01      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust              | Wells Fargo Commercial Mortgage Trust 2025-C64                                  | CUSIP: 95004BAW1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    459000 | PA      | $485704.12    | 0.02%             | 2058-02-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                    | CVS Health Corp                                                                 | CUSIP: 126650ED8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   1941000 | PA      | $2025522.20   | 0.07%             | 2034-06-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                              | Texas Instruments Inc                                                           | CUSIP: 882508CJ1<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |    951000 | PA      | $917009.28    | 0.03%             | 2054-02-08      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                           | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175BZ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    486000 | PA      | $354587.38    | 0.01%             | 2041-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                      | Citigroup Inc                                                                   | CUSIP: 172967QH7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2316000 | PA      | $2339502.44   | 0.08%             | 2036-09-11      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137B26P0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    731040 | PA      | $640946.11    | 0.02%             | 2043-05-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                            | Public Service Electric and Gas Co                                              | CUSIP: 74456QCU8<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |   1451000 | PA      | $1479969.48   | 0.05%             | 2035-03-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                       | Barclays PLC                                                                    | CUSIP: 06738EDD4<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   2898000 | PA      | $2903119.35   | 0.10%             | 2029-11-11      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3142GUUP6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  11244227 | PA      | $11372386.94  | 0.40%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140JAGG7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  10334305 | PA      | $9442632.06   | 0.33%             | 2043-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38382UDH1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4800950 | PA      | $3954295.64   | 0.14%             | 2051-04-20      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                       | Synopsys Inc                                                                    | CUSIP: 871607AG2<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |   1156000 | PA      | $1166670.82   | 0.04%             | 2055-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                          | ONEOK Inc                                                                       | CUSIP: 682680CE1<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    495000 | PA      | $488158.90    | 0.02%             | 2034-11-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137HFH40<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1863000 | PA      | $1619343.26   | 0.06%             | 2044-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                       | Broadcom Inc                                                                    | CUSIP: 11135FBY6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   3196000 | PA      | $3320799.58   | 0.12%             | 2031-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 3142BBF62<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2010698 | PA      | $2028135.81   | 0.07%             | 2055-08-01      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust                          | Nelnet Student Loan Trust 2005-3                                                | CUSIP: 64031QCD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1640651 | PA      | $1630561.69   | 0.06%             | 2035-12-24      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                           | AT&T Inc                                                                        | CUSIP: 00206RNE8<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1324000 | PA      | $1308595.58   | 0.05%             | 2054-11-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AUTG6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1669403 | PA      | $1655512.17   | 0.06%             | 2046-12-25      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| GERDAU TRADE INC                                   | Gerdau Trade Inc                                                                | CUSIP: 37373WAE0<br>LEI: 5493008RWEW71JB0LO29 | Long             | DBT              | CORP              | VG        |   1522000 | PA      | $1576792.00   | 0.06%             | 2035-06-09      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                              | Wells Fargo & Co                                                                | CUSIP: 95000U3E1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    938000 | PA      | $972098.05    | 0.03%             | 2029-07-25      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                             | Brookfield Finance Inc                                                          | CUSIP: 11271LAQ5<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |   2051000 | PA      | $2061827.09   | 0.07%             | 2036-01-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust Inc                  | Citigroup Mortgage Loan Trust Inc                                               | CUSIP: 17307GQA9<br>LEI: 549300R1KUK063S4I339 | Long             | ABS-MBS          | CORP              | US        |     45312 | PA      | $46093.57     | 0.00%             | 2035-04-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                     | Morgan Stanley                                                                  | CUSIP: 61747YFZ3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    778000 | PA      | $803356.96    | 0.03%             | 2031-04-17      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AUEC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    621715 | PA      | $614819.72    | 0.02%             | 2044-03-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                       | Broadcom Inc                                                                    | CUSIP: 11135FCA7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   2344000 | PA      | $2350113.48   | 0.08%             | 2028-02-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140B9DR7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2257579 | PA      | $2277037.42   | 0.08%             | 2055-05-01      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                    | CVS Health Corp                                                                 | CUSIP: 126650CZ1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   4218000 | PA      | $3752912.94   | 0.13%             | 2048-03-25      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                              | Uber Technologies Inc                                                           | CUSIP: 90353TAT7<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   2482000 | PA      | $2459332.39   | 0.09%             | 2031-01-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XBGK0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1810813 | PA      | $1548873.10   | 0.05%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BJVY8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2589812 | PA      | $2126186.75   | 0.07%             | 2051-11-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Bonds                                                             | CUSIP: 912810SD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25458000 | PA      | $19141233.75  | 0.67%             | 2048-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31418DTJ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7939596 | PA      | $6974618.40   | 0.24%             | 2040-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| General Motors                                     | GMF Floorplan Owner Revolving Trust                                             | CUSIP: 361886DQ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3613000 | PA      | $3663882.60   | 0.13%             | 2029-11-15      | Fixed         | 4.73%                 | No            |                  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        |   2954083 | PA      | $2973649.71   | 0.10%             | 2029-05-21      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ AUTO RECEIVABLES TRUST               | Mercedes-Benz Auto Receivables Trust 2022-1                                     | CUSIP: 58768PAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2454000 | PA      | $2484067.64   | 0.09%             | 2029-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140JCTD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2122380 | PA      | $2141267.47   | 0.07%             | 2054-07-01      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| CBRE SERVICES INC                                  | CBRE Services Inc                                                               | CUSIP: 12505BAK6<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |   1247000 | PA      | $1284423.12   | 0.04%             | 2035-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Notes                                                             | CUSIP: 91282CHZ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19466000 | PA      | $20233994.43  | 0.71%             | 2030-09-30      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                           | AT&T Inc                                                                        | CUSIP: 00206RND0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1324000 | PA      | $1310837.69   | 0.05%             | 2045-11-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                               | Glencore Funding LLC                                                            | CUSIP: 378272CB2<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    972000 | PA      | $1016133.07   | 0.04%             | 2055-04-01      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| EQUINOR ASA                                        | Equinor ASA                                                                     | CUSIP: 29446MAN2<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |    824000 | PA      | $849001.06    | 0.03%             | 2035-06-03      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                              | Wells Fargo & Co                                                                | CUSIP: 95000U3G6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    955000 | PA      | $1011500.19   | 0.04%             | 2029-10-23      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Bonds                                                             | CUSIP: 912810SJ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15525000 | PA      | $9909316.41   | 0.35%             | 2049-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| SUMITOM MITSUI TRST                                | Sumitomo Mitsui Trust Group Inc                                                 | CUSIP: 86566AAA0<br>LEI: 353800P843RLCDBLNT17 | Long             | DBT              | CORP              | JP        |   2387000 | PA      | $2414065.24   | 0.08%             | 2036-09-11      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                              | Texas Instruments Inc                                                           | CUSIP: 882508CC6<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1058578.36   | 0.04%             | 2053-03-14      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REGENCY CENTERS LP                                 | Regency Centers LP                                                              | CUSIP: 75884RBB8<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              |  | US        |   1904000 | PA      | $1956843.69   | 0.07%             | 2034-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO                                    | DTE Electric Co                                                                 | CUSIP: 23338VAY2<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |    864000 | PA      | $888973.92    | 0.03%             | 2035-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitization Trust          | SFS Auto Receivables Securitization Trust 2024-2                                | CUSIP: 78397XAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2099000 | PA      | $2123745.11   | 0.07%             | 2029-11-20      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                            | Public Service Electric and Gas Co                                              | CUSIP: 74456QCV6<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    575000 | PA      | $577530.13    | 0.02%             | 2055-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                            | John Deere Capital Corp                                                         | CUSIP: 24422EWK1<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |   1879000 | PA      | $1887849.81   | 0.07%             | 2027-09-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| ALCON FINANCE CORP                                 | Alcon Finance Corp                                                              | CUSIP: 01400EAE3<br>LEI: 549300CUZUI9VU7XNK42 | Long             | DBT              | CORP              | US        |   2809000 | PA      | $2928956.55   | 0.10%             | 2032-12-06      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140LYNU3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1171943 | PA      | $1018641.19   | 0.04%             | 2041-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HCA INC                                            | HCA Inc                                                                         | CUSIP: 404119DC0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1925000 | PA      | $1987143.68   | 0.07%             | 2055-03-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                   | Duke Energy Corp                                                                | CUSIP: 26441CBN4<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    779000 | PA      | $548908.41    | 0.02%             | 2051-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                         | Verus Securitization Trust 2021-R3                                              | CUSIP: 92538EAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    520326 | PA      | $495892.16    | 0.02%             | 2064-04-25      | Variable      | 1.02%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140Y6JM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  16087400 | PA      | $16485564.14  | 0.58%             | 2055-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BPL41<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1673986 | PA      | $1570725.08   | 0.05%             | 2049-04-25      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AT6K5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2474156 | PA      | $2449139.03   | 0.09%             | 2046-11-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| GENERAL ELECTRIC CO                                | General Electric Co                                                             | CUSIP: 369604BZ5<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |   2894000 | PA      | $2911191.40   | 0.10%             | 2030-07-29      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                           | AT&T Inc                                                                        | CUSIP: 00206RJZ6<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    903000 | PA      | $721837.47    | 0.03%             | 2041-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                     | Merck & Co Inc                                                                  | CUSIP: 58933YBA2<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    799000 | PA      | $573860.46    | 0.02%             | 2040-06-24      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                            | BPCE SA                                                                         | CUSIP: 056121AA4<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   1087000 | PA      | $1115201.48   | 0.04%             | 2031-05-28      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                              | Duke Energy Carolinas LLC                                                       | CUSIP: 26442CBH6<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |   1137000 | PA      | $836982.46    | 0.03%             | 2052-03-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                       | Alphabet Inc                                                                    | CUSIP: 02079KAN7<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |   1357000 | PA      | $1350258.91   | 0.05%             | 2065-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| SWCH Commercial Mortgage Trust                     | SWCH Commercial Mortgage Trust 2025-DATA                                        | CUSIP: 78489CAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2307000 | PA      | $2294744.06   | 0.08%             | 2042-02-15      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| SBNA Auto Receivables Trust                        | SBNA Auto Receivables Trust 2024-A                                              | CUSIP: 78437PAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    936994 | PA      | $940818.17    | 0.03%             | 2028-12-15      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136B2EV0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1432131 | PA      | $1298848.42   | 0.05%             | 2048-06-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                        | Walmart Inc                                                                     | CUSIP: 931142FN8<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |   3355000 | PA      | $3410067.36   | 0.12%             | 2030-04-28      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136ATLW2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2524797 | PA      | $2364186.24   | 0.08%             | 2038-06-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                            | Public Service Electric and Gas Co                                              | CUSIP: 74456QCH7<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |   2159000 | PA      | $1893480.01   | 0.07%             | 2031-08-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 3142BNJM7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1656442 | PA      | $1618164.58   | 0.06%             | 2052-08-01      | Floating      | 3.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3133USH20<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2643985 | PA      | $2398540.16   | 0.08%             | 2043-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                           | CenterPoint Energy Houston Electric LLC                                         | CUSIP: 15189XBH0<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |   1981000 | PA      | $1973820.36   | 0.07%             | 2035-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                            | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GC93<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   4861000 | PA      | $5026787.71   | 0.18%             | 2031-04-23      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137H0SS8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2157065 | PA      | $2030497.77   | 0.07%             | 2051-06-25      | Floating      | 4.56%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132DVLF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1310998 | PA      | $1126636.24   | 0.04%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136ARPM4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    608645 | PA      | $601943.55    | 0.02%             | 2046-03-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                           | Toyota Motor Credit Corp                                                        | CUSIP: 89236TNT8<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   2893000 | PA      | $2912707.46   | 0.10%             | 2032-09-03      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                            | Carmax Auto Owner Trust 2025-3                                                  | CUSIP: 14290FAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2628000 | PA      | $2649464.45   | 0.09%             | 2030-07-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| HCA INC                                            | HCA Inc                                                                         | CUSIP: 404119DA4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   3264000 | PA      | $3400537.56   | 0.12%             | 2032-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XN4G6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1752601 | PA      | $1583738.29   | 0.06%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds              | Mexico Government International Bonds                                           | CUSIP: 91086QBF4<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1349000 | PA      | $1079874.50   | 0.04%             | 2046-01-23      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AVWX3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    850396 | PA      | $843021.47    | 0.03%             | 2047-03-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140GNG80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    176715 | PA      | $171208.83    | 0.01%             | 2047-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| College Ave Student Loans                          | College Avenue Student Loans LLC                                                | CUSIP: 194204AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    410554 | PA      | $413772.57    | 0.01%             | 2046-11-26      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| BALTIMORE GAS & ELECTRIC                           | Baltimore Gas and Electric Co                                                   | CUSIP: 059165ET3<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1713901.20   | 0.06%             | 2035-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137AFPQ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    638019 | PA      | $633013.22    | 0.02%             | 2041-09-15      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                            | Consolidated Edison Co of New York Inc                                          | CUSIP: 209111GC1<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    282000 | PA      | $190968.82    | 0.01%             | 2051-12-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                             | Bank of New York Mellon Corp/The                                                | CUSIP: 06406RCB1<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   2707000 | PA      | $2780457.18   | 0.10%             | 2031-02-11      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                        | Oracle Corp                                                                     | CUSIP: 68389XDK8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   2028000 | PA      | $2030438.61   | 0.07%             | 2032-09-26      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                            | Hyundai Capital America                                                         | CUSIP: 44891ADQ7<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   1403000 | PA      | $1431656.23   | 0.05%             | 2030-03-27      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AWBV8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2500979 | PA      | $2479104.73   | 0.09%             | 2047-04-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                        | Oracle Corp                                                                     | CUSIP: 68389XDR3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1930000 | PA      | $1924062.95   | 0.07%             | 2055-09-26      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                             | Arizona Public Service Co                                                       | CUSIP: 040555DJ0<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |   1641000 | PA      | $1680380.44   | 0.06%             | 2055-08-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                 | Energy Transfer LP                                                              | CUSIP: 29273VAZ3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2403000 | PA      | $2472714.66   | 0.09%             | 2029-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GM Financial Revolving Receivables Trust           | GM Financial Revolving Receivables Trust 2025-1                                 | CUSIP: 36271NAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8025000 | PA      | $8166931.76   | 0.29%             | 2037-12-11      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                     | Lowe's Cos Inc                                                                  | CUSIP: 548661EX1<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |   2059000 | PA      | $2041963.81   | 0.07%             | 2035-10-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                   | Georgia Power Co                                                                | CUSIP: 373334LB5<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    493000 | PA      | $505194.74    | 0.02%             | 2035-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                            | John Deere Capital Corp                                                         | CUSIP: 24422EXY0<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |   2369000 | PA      | $2387676.94   | 0.08%             | 2027-01-08      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38382NJU2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1520023 | PA      | $1500088.79   | 0.05%             | 2051-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                           | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                      | CUSIP: 46590XAX4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1299000 | PA      | $1368808.26   | 0.05%             | 2052-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Nissan Auto Receivables Owner Trust                | Nissan Auto Receivables 2022-B Owner Trust                                      | CUSIP: 65480JAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1459000 | PA      | $1466368.53   | 0.05%             | 2029-11-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| GM Financial Revolving Receivables Trust           | GM Financial Revolving Receivables Trust 2024-1                                 | CUSIP: 36269KAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    769000 | PA      | $789150.03    | 0.03%             | 2036-12-11      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC        | BBCMS Mortgage Trust 2025-5C33                                                  | CUSIP: 072924AD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2742000 | PA      | $2889693.99   | 0.10%             | 2058-03-15      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                         | Navient Private Education Refi Loan Trust 2021-B                                | CUSIP: 63942LAA0<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |    522944 | PA      | $477908.03    | 0.02%             | 2069-07-15      | Fixed         | 0.94%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132A5AL9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1042117 | PA      | $958274.25    | 0.03%             | 2043-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140MSNU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1827277 | PA      | $1827982.60   | 0.06%             | 2052-11-01      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140W2D32<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3947871 | PA      | $3389693.47   | 0.12%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140FXSB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1008854 | PA      | $910982.55    | 0.03%             | 2055-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3138M1ZM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1122215 | PA      | $1032383.81   | 0.04%             | 2042-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137B83K1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    648437 | PA      | $638911.18    | 0.02%             | 2044-02-15      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                              | American Homes 4 Rent LP                                                        | CUSIP: 02666TAH0<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |    660000 | PA      | $680106.52    | 0.02%             | 2034-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137H6K95<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2213127 | PA      | $1998100.59   | 0.07%             | 2051-06-25      | Fixed         | 3.00%                 | 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        |   1891000 | PA      | $1909157.38   | 0.07%             | 2029-11-13      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI POWER CO                               | Mississippi Power Co                                                            | CUSIP: 605417CD4<br>LEI: LNZ0J6YZ5SC6ILIRU850 | Long             | DBT              | CORP              | US        |   1507000 | PA      | $1016526.73   | 0.04%             | 2051-07-30      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                                 | Essex Portfolio LP                                                              | CUSIP: 29717PAZ0<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              |  | US        |    837000 | PA      | $749460.71    | 0.03%             | 2031-06-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 3142BBFN5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3429339 | PA      | $3463482.24   | 0.12%             | 2055-07-01      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| EMD FINANCE LLC                                    | EMD Finance LLC                                                                 | CUSIP: 26867LAP5<br>LEI: 529900C8KS5G529A0B76 | Long             | DBT              | CORP              | US        |   2651000 | PA      | $2650676.26   | 0.09%             | 2030-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38384BFM8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   7319000 | PA      | $6410544.49   | 0.22%             | 2053-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136ARD54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3630645 | PA      | $3603577.77   | 0.13%             | 2046-04-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| Altria Group Inc                                   | Altria Group Inc                                                                | CUSIP: 02209SAV5<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |   1303000 | PA      | $998776.98    | 0.03%             | 2046-09-16      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                              | Wells Fargo & Co                                                                | CUSIP: 95000U3T8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   4930000 | PA      | $5023874.89   | 0.18%             | 2029-04-23      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                                 | Essex Portfolio LP                                                              | CUSIP: 29717PBA4<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              |  | US        |    987000 | PA      | $1025065.41   | 0.04%             | 2034-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132DNWM1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1394721 | PA      | $1260625.82   | 0.04%             | 2049-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Notes                                                             | CUSIP: 91282CNT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  21779000 | PA      | $21955954.38  | 0.77%             | 2035-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                                       | CaixaBank SA                                                                    | CUSIP: 12803RAL8<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |   3123000 | PA      | $3155049.32   | 0.11%             | 2031-07-03      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38383PXJ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    716000 | PA      | $597264.79    | 0.02%             | 2052-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140QTPY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1320048 | PA      | $1369860.88   | 0.05%             | 2053-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140QVCB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3265750 | PA      | $3310930.49   | 0.12%             | 2054-08-01      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31418DSS2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6248894 | PA      | $5493326.23   | 0.19%             | 2040-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XKTB6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1504826 | PA      | $1384337.53   | 0.05%             | 2043-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                              | Wells Fargo & Co                                                                | CUSIP: 95000U3L5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1492000 | PA      | $1526666.47   | 0.05%             | 2028-04-22      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XGCW7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5222027 | PA      | $4664242.55   | 0.16%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FQLS0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    996390 | PA      | $949286.51    | 0.03%             | 2040-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| American Express Credit Account Master Trust       | American Express Credit Account Master Trust                                    | CUSIP: 02589BAC4<br>LEI: 549300Y4SA5G3GIJTP18 | Long             | ABS-O            | CORP              | US        |   4288000 | PA      | $4434256.82   | 0.15%             | 2030-09-16      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System | UNIV OF TEXAS TX UNIV REVENUES                                                  | CUSIP: 91514AKD6<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |    785000 | PA      | $491137.61    | 0.02%             | 2049-08-15      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                    | Israel Government International Bond                                            | CUSIP: 46514BRM1<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |   2131000 | PA      | $2015805.39   | 0.07%             | 2054-03-12      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136B36T2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    706973 | PA      | $691226.87    | 0.02%             | 2049-04-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                   | BAT Capital Corp                                                                | CUSIP: 05526DCD5<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |   1414000 | PA      | $1478515.39   | 0.05%             | 2055-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 31398NKP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    612596 | PA      | $607062.99    | 0.02%             | 2040-09-25      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                      | Citigroup Inc                                                                   | CUSIP: 172967PU9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2892000 | PA      | $3029615.59   | 0.11%             | 2036-01-24      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                         | Navient Private Education Refi Loan Trust 2020-E                                | CUSIP: 63941TAA4<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |     61405 | PA      | $57715.78     | 0.00%             | 2069-05-15      | Fixed         | 1.69%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL SA                           | TotalEnergies Capital SA                                                        | CUSIP: 89157XAF8<br>LEI: 529900QI55ZLJVCMPA71 | Long             | DBT              | CORP              | FR        |    494000 | PA      | $475653.63    | 0.02%             | 2064-09-10      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132A5DS1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2028321 | PA      | $1845364.97   | 0.06%             | 2045-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140B0WX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2272529 | PA      | $2299706.69   | 0.08%             | 2055-08-01      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Gold Pool                                                           | CUSIP: 3129882U1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     75179 | PA      | $75133.61     | 0.00%             | 2039-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Republic of Paraguay                               | Paraguay Government International Bond                                          | CUSIP: 699149AH3<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |   2879000 | PA      | $2642115.88   | 0.09%             | 2050-03-30      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 31427NDZ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2286987 | PA      | $2066613.90   | 0.07%             | 2049-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132DPXU7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4097197 | PA      | $3768276.98   | 0.13%             | 2043-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| STORE CAPITAL LLC                                  | Store Capital LLC                                                               | CUSIP: 862121AD2<br>LEI: 254900Z9PIEFQ6AYXK50 | Long             | DBT              |  | US        |    564000 | PA      | $493746.58    | 0.02%             | 2031-12-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Ginnie Mae II Pool                                                              | CUSIP: 3617YM4G4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1925843 | PA      | $1730194.95   | 0.06%             | 2043-06-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                           | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175CE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2373000 | PA      | $1709143.43   | 0.06%             | 2042-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140F5AD5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2023604 | PA      | $1828748.22   | 0.06%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                    | Israel Government International Bond                                            | CUSIP: 46513JB42<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    775000 | PA      | $556654.30    | 0.02%             | 2050-07-03      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                        | Exelon Corp                                                                     | CUSIP: 30161NBS9<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |   1892000 | PA      | $1924828.41   | 0.07%             | 2055-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                    | CVS Health Corp                                                                 | CUSIP: 126650CY4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   1045000 | PA      | $979412.97    | 0.03%             | 2038-03-25      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| DICK'S SPORTING GOODS                              | Dick's Sporting Goods Inc                                                       | CUSIP: 253393AG7<br>LEI: 529900SSBV5I4LWSK313 | Long             | DBT              | CORP              | US        |   1816000 | PA      | $1352047.38   | 0.05%             | 2052-01-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| AGREE LP                                           | Agree LP                                                                        | CUSIP: 008513AB9<br>LEI: 549300DXY3G299V1BO77 | Long             | DBT              |  | US        |   1469000 | PA      | $1385975.10   | 0.05%             | 2028-06-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                                       | CaixaBank SA                                                                    | CUSIP: 12803RAM6<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |   1880000 | PA      | $1925551.40   | 0.07%             | 2036-07-03      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                     | Eli Lilly & Co                                                                  | CUSIP: 532457CR7<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |   2467000 | PA      | $2476244.42   | 0.09%             | 2034-08-14      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38383GS44<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3793567 | PA      | $3429998.76   | 0.12%             | 2049-12-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EMBRAER NETHERLANDS FINA                           | Embraer Netherlands Finance BV                                                  | CUSIP: 29082HAF9<br>LEI: 724500PBR8LR26XBSP67 | Long             | DBT              | CORP              | NL        |   1452000 | PA      | $1445654.76   | 0.05%             | 2038-01-09      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                       | Broadcom Inc                                                                    | CUSIP: 11135FCK5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   3112000 | PA      | $3159049.36   | 0.11%             | 2030-07-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38383FZF3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    932740 | PA      | $802467.91    | 0.03%             | 2051-12-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AUKJ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    953088 | PA      | $943623.44    | 0.03%             | 2046-11-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                 | Meta Platforms Inc                                                              | CUSIP: 30303M8W5<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |   2622000 | PA      | $2602735.14   | 0.09%             | 2064-08-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136A14M4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    549247 | PA      | $543966.79    | 0.02%             | 2041-11-25      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136B64V2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    769911 | PA      | $755665.83    | 0.03%             | 2049-11-25      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| PNC BANK NA                                        | PNC Bank NA                                                                     | CUSIP: 69353RFZ6<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |   3869000 | PA      | $3888585.92   | 0.14%             | 2028-07-21      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| STORE CAPITAL LLC                                  | Store Capital LLC                                                               | CUSIP: 862121AC4<br>LEI: 254900Z9PIEFQ6AYXK50 | Long             | DBT              |  | US        |   1434000 | PA      | $1303538.90   | 0.05%             | 2030-11-18      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                             | UnitedHealth Group Inc                                                          | CUSIP: 91324PEE8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    442000 | PA      | $336226.61    | 0.01%             | 2041-05-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AJ3U8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1246411 | PA      | $1145482.01   | 0.04%             | 2044-05-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140QDTW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1646900 | PA      | $1451016.74   | 0.05%             | 2040-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140W1VR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1365646 | PA      | $1169714.31   | 0.04%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136B4GU6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    852500 | PA      | $783509.38    | 0.03%             | 2049-03-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GALAXY PIPELINE ASSETS                             | Galaxy Pipeline Assets Bidco Ltd                                                | CUSIP: 36321PAB6<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |   1280000 | PA      | $1127459.72   | 0.04%             | 2036-03-31      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132DVL52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1114029 | PA      | $958878.36    | 0.03%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SEMPRA                                             | Sempra                                                                          | CUSIP: 816851BV0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    274000 | PA      | $279990.74    | 0.01%             | 2055-04-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38379GSW8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1007646 | PA      | $929504.22    | 0.03%             | 2044-07-16      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                           | Duke Energy Progress LLC                                                        | CUSIP: 26442UAK0<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |   1268000 | PA      | $760040.29    | 0.03%             | 2050-08-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132AEXD3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2140029 | PA      | $1857207.28   | 0.06%             | 2046-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                         | AbbVie Inc                                                                      | CUSIP: 00287YBX6<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   3514000 | PA      | $3390130.80   | 0.12%             | 2029-11-21      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| BX Trust                                           | BX Trust 2025-VLT7                                                              | CUSIP: 123913AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1737000 | PA      | $1741342.50   | 0.06%             | 2044-07-15      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3133KYT90<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5860457 | PA      | $5155473.34   | 0.18%             | 2040-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitization Trust            | Hyundai Auto Lease Securitization Trust 2025-B                                  | CUSIP: 44935DAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3749000 | PA      | $3782278.37   | 0.13%             | 2028-04-17      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                       | GS Mortgage Securities Trust 2020-GSA2                                          | CUSIP: 36264KAU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3499000 | PA      | $3128669.34   | 0.11%             | 2053-12-12      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137H0T73<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1665887 | PA      | $1548383.26   | 0.05%             | 2033-10-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140MGR60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1326385 | PA      | $1099388.36   | 0.04%             | 2047-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FYM52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2535351 | PA      | $2084336.17   | 0.07%             | 2051-03-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                    | CVS Health Corp                                                                 | CUSIP: 126650EC0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   1890000 | PA      | $1976930.93   | 0.07%             | 2031-06-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY PENN ELECTRI                           | FirstEnergy Pennsylvania Electric Co                                            | CUSIP: 591894CC2<br>LEI: O1PLQWO3TX952VMBJ146 | Long             | DBT              | CORP              | US        |   1477000 | PA      | $1479149.80   | 0.05%             | 2029-01-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                             | Pacific Gas and Electric Co                                                     | CUSIP: 694308JJ7<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    477000 | PA      | $325412.23    | 0.01%             | 2050-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132ADME5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1794078 | PA      | $1651461.85   | 0.06%             | 2046-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                        | Oracle Corp                                                                     | CUSIP: 68389XCQ6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1018000 | PA      | $963256.56    | 0.03%             | 2053-02-06      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136ATEP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5938729 | PA      | $5093794.14   | 0.18%             | 2046-06-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| PenFed Auto Receivables Owner Trust                | PenFed Auto Receivables Owner Trust 2022-A                                      | CUSIP: 706874AD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    240496 | PA      | $240418.59    | 0.01%             | 2028-12-15      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                    | Israel Government International Bond                                            | CUSIP: 46514BRA7<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    553000 | PA      | $538965.63    | 0.02%             | 2033-01-17      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140QGGP6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  11020690 | PA      | $9690801.98   | 0.34%             | 2040-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ AUTO RECEIVABLES TRUST               | Mercedes-Benz Auto Receivables Trust 2025-1                                     | CUSIP: 58773DAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2096000 | PA      | $2123911.17   | 0.07%             | 2029-12-17      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                           | Angel Oak Mortgage Trust 2021-6                                                 | CUSIP: 03465JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1297604 | PA      | $1103868.32   | 0.04%             | 2066-09-25      | Variable      | 1.46%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AA5N1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    728541 | PA      | $635702.81    | 0.02%             | 2043-01-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Barclays Dryrock Issuance Trust                    | Barclays Dryrock Issuance Trust                                                 | CUSIP: 06742LBF9<br>LEI: 213800R4G3N2G68CHU37 | Long             | ABS-O            | CORP              | US        |   4348000 | PA      | $4344854.22   | 0.15%             | 2031-07-15      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3142GS4U9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1834036 | PA      | $1912808.02   | 0.07%             | 2054-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                     | Morgan Stanley                                                                  | CUSIP: 61747YFF7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1865000 | PA      | $1927122.48   | 0.07%             | 2029-07-20      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FU6C3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7374319 | PA      | $7133387.97   | 0.25%             | 2050-07-25      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                   | Hewlett Packard Enterprise Co                                                   | CUSIP: 42824CBW8<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |   1023000 | PA      | $978360.12    | 0.03%             | 2054-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 31427N7L7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2465850 | PA      | $2113069.56   | 0.07%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                              | Uber Technologies Inc                                                           | CUSIP: 90353TAP5<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   2426000 | PA      | $2430553.60   | 0.08%             | 2034-09-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                               | Royal Bank of Canada                                                            | CUSIP: 78017DAM0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   3307000 | PA      | $3350292.37   | 0.12%             | 2031-08-06      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                             | Diamondback Energy Inc                                                          | CUSIP: 25278XBB4<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    479000 | PA      | $461124.94    | 0.02%             | 2064-04-18      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XLDP0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    719836 | PA      | $661745.14    | 0.02%             | 2049-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140J9XD8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    907230 | PA      | $878962.49    | 0.03%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137H64V4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1899392 | PA      | $1746388.77   | 0.06%             | 2048-07-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                        | PepsiCo Inc                                                                     | CUSIP: 713448GL6<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |   2407000 | PA      | $2415504.56   | 0.08%             | 2029-01-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                     | Hyundai Auto Receivables Trust 2023-B                                           | CUSIP: 44933XAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    836407 | PA      | $842576.25    | 0.03%             | 2028-04-17      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AUBK6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2144770 | PA      | $2127654.99   | 0.07%             | 2046-11-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| American Express Credit Account Master Trust       | American Express Credit Account Master Trust                                    | CUSIP: 02582JKP4<br>LEI: 549300Y4SA5G3GIJTP18 | Long             | ABS-O            | CORP              | US        |   5403000 | PA      | $5454614.86   | 0.19%             | 2030-04-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BQHM4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    683257 | PA      | $679412.40    | 0.02%             | 2039-10-25      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust      | JP Morgan Chase Commercial Mortgage Securities Trust 2016-JP4                   | CUSIP: 46645UAS6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    490000 | PA      | $485468.24    | 0.02%             | 2049-12-15      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| AUTODESK INC                                       | Autodesk Inc                                                                    | CUSIP: 052769AJ5<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | DBT              | CORP              | US        |   1237000 | PA      | $1271216.69   | 0.04%             | 2035-06-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                            | Oncor Electric Delivery Co LLC                                                  | CUSIP: 68233JDA9<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |   1348000 | PA      | $1386414.93   | 0.05%             | 2055-04-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 3142AWP90<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1390013 | PA      | $1406585.99   | 0.05%             | 2055-07-01      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                       | Broadcom Inc                                                                    | CUSIP: 11135FCM1<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1031000 | PA      | $1062549.74   | 0.04%             | 2035-07-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136A3NR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    657260 | PA      | $652183.99    | 0.02%             | 2042-01-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| EMBRAER NETHERLANDS FINA                           | Embraer Netherlands Finance BV                                                  | CUSIP: 29082HAE2<br>LEI: 724500PBR8LR26XBSP67 | Long             | DBT              | CORP              | NL        |   2485000 | PA      | $2636286.80   | 0.09%             | 2035-02-11      | Fixed         | 5.98%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140MMXV5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2186011 | PA      | $2150315.52   | 0.08%             | 2052-07-01      | Floating      | 4.07%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                           | AT&T Inc                                                                        | CUSIP: 00206RKJ0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1401000 | PA      | $969075.85    | 0.03%             | 2053-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                            | John Deere Capital Corp                                                         | CUSIP: 24422EXT1<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    311000 | PA      | $319487.13    | 0.01%             | 2029-06-11      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XLQR2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4074313 | PA      | $3681743.94   | 0.13%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AVP94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3803085 | PA      | $3371434.36   | 0.12%             | 2047-04-25      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140H25Z7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    201533 | PA      | $195253.36    | 0.01%             | 2047-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                   | SMB Private Education Loan Trust 2021-A                                         | CUSIP: 78448YAH4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2815057 | PA      | $2571630.69   | 0.09%             | 2053-01-15      | Fixed         | 1.07%                 | No            |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                              | Foundry JV Holdco LLC                                                           | CUSIP: 350930AK9<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    627000 | PA      | $674263.32    | 0.02%             | 2039-01-25      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                        | Oracle Corp                                                                     | CUSIP: 68389XDB8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   2847000 | PA      | $2858122.09   | 0.10%             | 2055-08-03      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                     | Eli Lilly & Co                                                                  | CUSIP: 532457CL0<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |   1893000 | PA      | $1913903.19   | 0.07%             | 2034-02-09      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AQAD2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    888000 | PA      | $779481.25    | 0.03%             | 2045-10-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136ATA53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1269154 | PA      | $1257761.81   | 0.04%             | 2046-10-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                      | N TX TOLLWAY AUTH REVENUE                                                       | CUSIP: 66285WFB7<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   1241000 | PA      | $1382350.40   | 0.05%             | 2049-01-01      | Fixed         | 6.72%                 | No            |                  2 | On Loan: No      |
| Chase Issuance Trust                               | Chase Issuance Trust                                                            | CUSIP: 161571HW7<br>LEI: 5493008SHVCX2Y068L12 | Long             | ABS-O            | CORP              | US        |   3608000 | PA      | $3687708.30   | 0.13%             | 2031-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31418DQZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5549278 | PA      | $4885159.23   | 0.17%             | 2040-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                           | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175CT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1758000 | PA      | $1779008.38   | 0.06%             | 2055-12-01      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                           | Angel Oak Mortgage Trust 2020-2                                                 | CUSIP: 03464XAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    582792 | PA      | $554160.01    | 0.02%             | 2065-01-26      | Variable      | 2.53%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust                | Toyota Auto Receivables 2022-D Owner Trust                                      | CUSIP: 89239HAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1337000 | PA      | $1360950.48   | 0.05%             | 2028-04-17      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38379XX47<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2156588 | PA      | $1818998.66   | 0.06%             | 2044-07-20      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                | Kimco Realty OP LLC                                                             | CUSIP: 49447BAC7<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |   1484000 | PA      | $1516980.61   | 0.05%             | 2036-02-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                             | Verizon Communications Inc                                                      | CUSIP: 92343VGZ1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   2473000 | PA      | $2514827.90   | 0.09%             | 2035-04-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BBKP6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1549849 | PA      | $1431812.20   | 0.05%             | 2040-08-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XHFN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1908813 | PA      | $1655861.27   | 0.06%             | 2042-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                              | United Parcel Service Inc                                                       | CUSIP: 911312CL8<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |   1897000 | PA      | $1985776.17   | 0.07%             | 2065-05-14      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137H62L8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1498839 | PA      | $1351894.00   | 0.05%             | 2049-06-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                             | Philip Morris International Inc                                                 | CUSIP: 718172CU1<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   1996000 | PA      | $1997337.08   | 0.07%             | 2025-11-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3133KYWW5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1199701 | PA      | $1068770.83   | 0.04%             | 2042-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140JBDE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1098660 | PA      | $1060030.92   | 0.04%             | 2050-06-01      | Floating      | 2.76%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BQHF9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2173739 | PA      | $2166594.32   | 0.08%             | 2040-06-25      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                     | Eli Lilly & Co                                                                  | CUSIP: 532457CZ9<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |   1315000 | PA      | $1346382.55   | 0.05%             | 2065-02-12      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| CADENCE DESIGN SYS INC                             | Cadence Design Systems Inc                                                      | CUSIP: 127387AP3<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | DBT              | CORP              | US        |   4561000 | PA      | $4553632.21   | 0.16%             | 2034-09-10      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                      | Citigroup Inc                                                                   | CUSIP: 17327CAY9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2302000 | PA      | $2324466.42   | 0.08%             | 2056-03-04      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| Chase Issuance Trust                               | Chase Issuance Trust                                                            | CUSIP: 161571HZ0<br>LEI: 5493008SHVCX2Y068L12 | Long             | ABS-O            | CORP              | US        |   1317000 | PA      | $1325477.13   | 0.05%             | 2030-07-15      | Fixed         | 4.16%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                           | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                      | CUSIP: 47214BAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1988000 | PA      | $2279673.40   | 0.08%             | 2053-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FCAZ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1616400 | PA      | $1487588.17   | 0.05%             | 2047-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                             | General Motors Financial Co Inc                                                 | CUSIP: 37045XDL7<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   3590000 | PA      | $3209484.84   | 0.11%             | 2031-06-10      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| College Ave Student Loans                          | College Ave Student Loans 2019-A LLC                                            | CUSIP: 19421UAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    803800 | PA      | $771601.55    | 0.03%             | 2048-12-28      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3133B7FK9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2018498 | PA      | $1720913.06   | 0.06%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                           | Caterpillar Financial Services Corp                                             | CUSIP: 14913UAQ3<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1089811.36   | 0.04%             | 2029-08-16      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136B22V3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1279231 | PA      | $1152288.48   | 0.04%             | 2048-09-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140JCTZ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2260167 | PA      | $2288990.19   | 0.08%             | 2055-07-01      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3142GTD94<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    507501 | PA      | $535029.19    | 0.02%             | 2054-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136ARF86<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1580401 | PA      | $1564640.61   | 0.05%             | 2046-04-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 3142AWP33<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    838189 | PA      | $845481.69    | 0.03%             | 2055-07-01      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FR2N0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    734207 | PA      | $650456.06    | 0.02%             | 2050-02-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                             | Diamondback Energy Inc                                                          | CUSIP: 25278XAX7<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    953000 | PA      | $966679.92    | 0.03%             | 2027-04-18      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31417DZZ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1219680 | PA      | $1099280.42   | 0.04%             | 2042-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Citibank Credit Card Issuance Trust                | Citibank Credit Card Issuance Trust                                             | CUSIP: 17305EHA6<br>LEI: R8AG6FXVDQAMDKCSJJ64 | Long             | ABS-O            | CORP              | US        |   4309000 | PA      | $4353832.13   | 0.15%             | 2030-06-21      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                   | COLT 2021-4 Mortgage Loan Trust                                                 | CUSIP: 19688GAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1816106 | PA      | $1556518.38   | 0.05%             | 2066-10-25      | Variable      | 1.40%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                   | Societe Generale SA                                                             | CUSIP: 83368RCK6<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   2899000 | PA      | $2891490.60   | 0.10%             | 2036-10-03      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                         | AbbVie Inc                                                                      | CUSIP: 00287YDU0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   2383000 | PA      | $2452164.88   | 0.09%             | 2034-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XH5J2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  22795090 | PA      | $20955516.03  | 0.73%             | 2049-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CADENCE DESIGN SYS INC                             | Cadence Design Systems Inc                                                      | CUSIP: 127387AM0<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | DBT              | CORP              | US        |   1780000 | PA      | $1787400.17   | 0.06%             | 2027-09-10      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38385CKW7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  23510222 | PA      | $22648537.43  | 0.79%             | 2051-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                            | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GB60<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   2867000 | PA      | $2903539.00   | 0.10%             | 2030-10-23      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                         | Navient Private Education Refi Loan Trust 2022-A                                | CUSIP: 63942MAA8<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |   5068630 | PA      | $4626717.78   | 0.16%             | 2070-07-15      | Fixed         | 2.23%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                     | Hyundai Auto Receivables Trust 2023-A                                           | CUSIP: 448979AE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2148000 | PA      | $2155464.51   | 0.08%             | 2028-07-17      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                           | AT&T Inc                                                                        | CUSIP: 00206RLJ9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1399000 | PA      | $964076.17    | 0.03%             | 2055-09-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                        | Oracle Corp                                                                     | CUSIP: 68389XDH5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   2028000 | PA      | $2027004.98   | 0.07%             | 2030-09-26      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132DUDZ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5817116 | PA      | $6077722.71   | 0.21%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| College Ave Student Loans                          | College Ave Student Loans 2018-A LLC                                            | CUSIP: 19423DAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    386768 | PA      | $381155.76    | 0.01%             | 2047-12-26      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140MM3D8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1747294 | PA      | $1755785.39   | 0.06%             | 2052-08-01      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                             | Mitsubishi UFJ Financial Group Inc                                              | CUSIP: 606822DN1<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |   2709000 | PA      | $2719313.92   | 0.09%             | 2031-09-12      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3138ENRL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    969663 | PA      | $970406.29    | 0.03%             | 2043-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                                | Synchrony Financial                                                             | CUSIP: 87165BAY9<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |   1443000 | PA      | $1475959.92   | 0.05%             | 2036-07-29      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3133KYWP0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    918938 | PA      | $816421.16    | 0.03%             | 2042-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38379HMV4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1110369 | PA      | $1010802.74   | 0.04%             | 2044-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Gold Pool                                                           | CUSIP: 3128MJYT1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2753512 | PA      | $2491409.87   | 0.09%             | 2046-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Bonds                                                             | CUSIP: 912810TC2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  65409000 | PA      | $45934491.94  | 1.60%             | 2041-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136B4B64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1836915 | PA      | $1723008.72   | 0.06%             | 2048-05-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY PENN ELECTRI                           | FirstEnergy Pennsylvania Electric Co                                            | CUSIP: 708696BY4<br>LEI: O1PLQWO3TX952VMBJ146 | Long             | DBT              | CORP              | US        |   1224000 | PA      | $1194476.68   | 0.04%             | 2028-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38383FX73<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    510796 | PA      | $440906.72    | 0.02%             | 2052-02-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FDV82<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1028169 | PA      | $928980.36    | 0.03%             | 2048-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Bonds                                                             | CUSIP: 912810SQ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15309000 | PA      | $9654238.13   | 0.34%             | 2040-08-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 31288QWH9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3104153 | PA      | $3088009.40   | 0.11%             | 2053-03-01      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                             | Philip Morris International Inc                                                 | CUSIP: 718172DT3<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   3532000 | PA      | $3547714.26   | 0.12%             | 2030-04-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 3142B3WD6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2166266 | PA      | $2188699.03   | 0.08%             | 2055-06-01      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                        | PepsiCo Inc                                                                     | CUSIP: 713448GH5<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |   1334000 | PA      | $1342137.17   | 0.05%             | 2030-07-23      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Mississippi Power Co                               | Mississippi Power Co                                                            | CUSIP: 605417BZ6<br>LEI: LNZ0J6YZ5SC6ILIRU850 | Long             | DBT              | CORP              | US        |    639000 | PA      | $556494.74    | 0.02%             | 2042-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                             | Canadian Imperial Bank of Commerce                                              | CUSIP: 13607QFE7<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   3113000 | PA      | $3123226.49   | 0.11%             | 2031-09-08      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                     | Lowe's Cos Inc                                                                  | CUSIP: 548661EJ2<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |   2103000 | PA      | $1698098.01   | 0.06%             | 2052-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                     | Eli Lilly & Co                                                                  | CUSIP: 532457CS5<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    231000 | PA      | $220365.75    | 0.01%             | 2054-08-14      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132DMWN1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2416950 | PA      | $2073009.92   | 0.07%             | 2051-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                    | Israel Government International Bond                                            | CUSIP: 46514Y8A8<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |   2832000 | PA      | $2921120.29   | 0.10%             | 2030-02-19      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                | American Express Co                                                             | CUSIP: 025816DY2<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   1302000 | PA      | $1342343.49   | 0.05%             | 2031-01-30      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136B8DW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1015198 | PA      | $924499.29    | 0.03%             | 2049-12-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132DNGM9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5282018 | PA      | $5107871.67   | 0.18%             | 2050-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 31288QFW5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1544801 | PA      | $1557230.54   | 0.05%             | 2050-02-01      | Floating      | 3.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XC6E3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7445394 | PA      | $6843764.29   | 0.24%             | 2048-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AGREE LP                                           | Agree LP                                                                        | CUSIP: 008513AD5<br>LEI: 549300DXY3G299V1BO77 | Long             | DBT              |  | US        |    883000 | PA      | $889003.43    | 0.03%             | 2032-10-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                             | Brixmor Operating Partnership LP                                                | CUSIP: 11120VAL7<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |   1551000 | PA      | $1377380.38   | 0.05%             | 2031-08-16      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                         | Navient Private Education Refi Loan Trust 2019-F                                | CUSIP: 63935CAB7<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |   1004692 | PA      | $971923.11    | 0.03%             | 2068-08-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 31427NVE6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4362094 | PA      | $4463218.18   | 0.16%             | 2055-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Bonds                                                             | CUSIP: 912810SF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  26112000 | PA      | $19551360.00  | 0.68%             | 2049-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Ginnie Mae II Pool                                                              | CUSIP: 3617F96J6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    583872 | PA      | $524554.83    | 0.02%             | 2043-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                            | Public Service Electric and Gas Co                                              | CUSIP: 74456QCD6<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    588000 | PA      | $371484.53    | 0.01%             | 2050-05-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                 | Meta Platforms Inc                                                              | CUSIP: 30303M8V7<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    546000 | PA      | $539437.93    | 0.02%             | 2054-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38383FR62<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1385322 | PA      | $1155700.35   | 0.04%             | 2052-01-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140QEXU1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5710344 | PA      | $4907302.76   | 0.17%             | 2050-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                   | T-Mobile USA Inc                                                                | CUSIP: 87264ADU6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    989000 | PA      | $1010227.75   | 0.04%             | 2055-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                             | Marriott International Inc/MD                                                   | CUSIP: 571903BX0<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |   2871000 | PA      | $2896557.81   | 0.10%             | 2035-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                     | Morgan Stanley                                                                  | CUSIP: 61747YFR1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   4357000 | PA      | $4644749.05   | 0.16%             | 2035-04-19      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                              | American Homes 4 Rent LP                                                        | CUSIP: 02666TAK3<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |   1238000 | PA      | $1260558.24   | 0.04%             | 2030-06-15      | Fixed         | 4.95%                 | 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        |    644000 | PA      | $655283.33    | 0.02%             | 2030-12-16      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                          | Apple Inc                                                                       | CUSIP: 037833EF3<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    576000 | PA      | $367486.43    | 0.01%             | 2051-02-08      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Ohio State University/The                          | OHIO ST UNIV                                                                    | CUSIP: 677632PA3<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |    148000 | PA      | $126068.18    | 0.00%             | 2111-06-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                            | Public Service Electric and Gas Co                                              | CUSIP: 74456QCW4<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |   1652000 | PA      | $1664817.52   | 0.06%             | 2035-08-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 3142BBEA4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    883732 | PA      | $894598.93    | 0.03%             | 2055-05-01      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3138WED71<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4451771 | PA      | $4053452.37   | 0.14%             | 2045-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust                       | Ford Credit Auto Lease Trust 2024-A                                             | CUSIP: 345290AE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1103000 | PA      | $1110217.59   | 0.04%             | 2027-06-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 31288RFR4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7192505 | PA      | $7251837.42   | 0.25%             | 2055-06-01      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust/Ford Credit           | Ford Credit Auto Owner Trust 2022-REV1                                          | CUSIP: 34528EAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3600000 | PA      | $3592697.04   | 0.13%             | 2034-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                              | American Homes 4 Rent LP                                                        | CUSIP: 02666TAE7<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |   1622000 | PA      | $1517866.77   | 0.05%             | 2032-04-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136A32U4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    579720 | PA      | $575067.12    | 0.02%             | 2042-02-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| American Express Credit Account Master Trust       | American Express Credit Account Master Trust Series 2025-5                      | CUSIP: 02582JKT6<br>LEI: 549300Y4SA5G3GIJTP18 | Long             | ABS-O            | CORP              | US        |   6512000 | PA      | $6650375.44   | 0.23%             | 2032-07-15      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140LXFK6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    659591 | PA      | $645796.44    | 0.02%             | 2052-08-01      | Floating      | 3.94%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                           | Ford Motor Credit Co LLC                                                        | CUSIP: 345397B93<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   6185000 | PA      | $5730564.98   | 0.20%             | 2029-02-10      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                     | Morgan Stanley Capital I Trust 2020-HR8                                         | CUSIP: 61692BBJ8<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-MBS          | CORP              | US        |   1277930 | PA      | $1140495.39   | 0.04%             | 2053-07-15      | Fixed         | 1.79%                 | No            |                  2 | On Loan: No      |
| JERSEY CENTRAL PWR & LT                            | Jersey Central Power & Light Co                                                 | CUSIP: 476556DF9<br>LEI: 549300W9UGH9ZPLNPF79 | Long             | DBT              | CORP              | US        |   1118000 | PA      | $1133066.86   | 0.04%             | 2035-01-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AURK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    871739 | PA      | $865856.08    | 0.03%             | 2046-12-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                      | Citigroup Inc                                                                   | CUSIP: 172967PG0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1046000 | PA      | $1084860.31   | 0.04%             | 2035-02-13      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136A14A0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1270225 | PA      | $1258460.03   | 0.04%             | 2041-11-25      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140X8KC0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5578031 | PA      | $4900049.77   | 0.17%             | 2040-11-01      | Fixed         | 2.00%                 | 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        |   3102000 | PA      | $3119442.55   | 0.11%             | 2028-10-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XLE87<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    701762 | PA      | $680986.72    | 0.02%             | 2047-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust                          | Nelnet Student Loan Trust 2005-2                                                | CUSIP: 64031QBX8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2203259 | PA      | $2187273.21   | 0.08%             | 2037-03-23      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XN6L3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1559094 | PA      | $1412119.01   | 0.05%             | 2048-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Notes                                                             | CUSIP: 91282CNZ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5551000 | PA      | $5532785.78   | 0.19%             | 2032-09-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                | American Express Co                                                             | CUSIP: 025816EJ4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   3855000 | PA      | $3877744.15   | 0.14%             | 2029-07-20      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140QFA66<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3244151 | PA      | $2793078.03   | 0.10%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Bank                                               | BANK 2022-BNK44                                                                 | CUSIP: 06540KAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1073000 | PA      | $1135769.96   | 0.04%             | 2055-11-15      | Variable      | 5.94%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3138EQQV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1519416 | PA      | $1508071.14   | 0.05%             | 2045-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38383TLM3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   6217441 | PA      | $5216836.21   | 0.18%             | 2051-06-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Gold Pool                                                           | CUSIP: 3129882T4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     65326 | PA      | $65255.56     | 0.00%             | 2039-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BAUL6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1074975 | PA      | $921831.43    | 0.03%             | 2050-07-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                        | Corp Nacional del Cobre de Chile                                                | CUSIP: 21987BBL1<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |   1295000 | PA      | $1380793.75   | 0.05%             | 2035-01-13      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                         | Navient Private Education Refi Loan Trust 2019-A                                | CUSIP: 63941BAB1<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |    299072 | PA      | $297868.58    | 0.01%             | 2043-01-15      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                          | Apple Inc                                                                       | CUSIP: 037833EQ9<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |   1803000 | PA      | $1464226.58   | 0.05%             | 2052-08-08      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD GRP/CO                           | JBS USA Holding Lux Sarl / JBS USA Foods Group Holdings Inc / JBS USA Food Co   | CUSIP: 472140AJ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    495000 | PA      | $508879.80    | 0.02%             | 2066-04-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137H0K64<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1735261 | PA      | $1525403.45   | 0.05%             | 2051-02-25      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Notes                                                             | CUSIP: 91282CHW4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  18746000 | PA      | $19060141.91  | 0.67%             | 2030-08-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3133KYTV1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5479975 | PA      | $4827620.98   | 0.17%             | 2040-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TR BK LT                           | Sumitomo Mitsui Trust Bank Ltd                                                  | CUSIP: 86563VCF4<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |   1844000 | PA      | $1848544.61   | 0.06%             | 2030-09-11      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                     | Eli Lilly & Co                                                                  | CUSIP: 532457CN6<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    951000 | PA      | $898304.03    | 0.03%             | 2064-02-09      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| CARLISLE COS INC                                   | Carlisle Cos Inc                                                                | CUSIP: 142339AN0<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |   1231000 | PA      | $1245895.16   | 0.04%             | 2035-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136ARG93<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1399308 | PA      | $1384939.28   | 0.05%             | 2046-04-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                        | Oracle Corp                                                                     | CUSIP: 68389XBJ3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1635000 | PA      | $1273621.90   | 0.04%             | 2046-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136A2HP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1312623 | PA      | $1275204.59   | 0.04%             | 2041-11-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XAL91<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    868703 | PA      | $785905.18    | 0.03%             | 2047-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                               | Verizon Master Trust                                                            | CUSIP: 92348KEC3<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   3564000 | PA      | $3653542.29   | 0.13%             | 2033-03-21      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                            | BPCE SA                                                                         | CUSIP: 056121AB2<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   1590000 | PA      | $1674420.70   | 0.06%             | 2036-05-28      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                   | COLT 2021-2 Mortgage Loan Trust                                                 | CUSIP: 19685WAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1641749 | PA      | $1391711.72   | 0.05%             | 2066-08-25      | Variable      | 0.92%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                   | Duke Energy Corp                                                                | CUSIP: 26441CCJ2<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |   2911000 | PA      | $2891896.42   | 0.10%             | 2035-09-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                   | Societe Generale SA                                                             | CUSIP: 83368RBY7<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   2386000 | PA      | $2549349.88   | 0.09%             | 2055-01-19      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Bonds                                                             | CUSIP: 912810UK2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  33451000 | PA      | $33555534.38  | 1.17%             | 2055-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                        | Oracle Corp                                                                     | CUSIP: 68389XDP7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1930000 | PA      | $1935239.93   | 0.07%             | 2045-09-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                 | BMW US Capital LLC                                                              | CUSIP: 05565EDD4<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   1652000 | PA      | $1669762.42   | 0.06%             | 2035-08-11      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| GM Financial Revolving Receivables Trust           | GM Financial Revolving Receivables Trust 2024-2                                 | CUSIP: 379925AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1506000 | PA      | $1524790.81   | 0.05%             | 2037-03-11      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137AQZV3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    807179 | PA      | $798750.76    | 0.03%             | 2042-06-15      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3138EQ6N7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1737845 | PA      | $1690350.82   | 0.06%             | 2046-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XQNP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1004645 | PA      | $910975.05    | 0.03%             | 2047-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FQA37<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1582131 | PA      | $1410970.18   | 0.05%             | 2049-10-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                   | Georgia Power Co                                                                | CUSIP: 373334LA7<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    893000 | PA      | $916919.17    | 0.03%             | 2031-03-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY PENN ELECTRI                           | FirstEnergy Pennsylvania Electric Co                                            | CUSIP: 591894CE8<br>LEI: O1PLQWO3TX952VMBJ146 | Long             | DBT              | CORP              | US        |    967000 | PA      | $988848.38    | 0.03%             | 2028-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38382QB90<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2848453 | PA      | $2373870.13   | 0.08%             | 2051-05-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                        | Walmart Inc                                                                     | CUSIP: 931142FP3<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |   4392000 | PA      | $4517880.39   | 0.16%             | 2035-04-28      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                     | NRG Energy Inc                                                                  | CUSIP: 629377DA7<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   1932000 | PA      | $1931388.58   | 0.07%             | 2030-10-15      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                             | Philip Morris International Inc                                                 | CUSIP: 718172DR7<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   4172000 | PA      | $4179475.97   | 0.15%             | 2028-04-28      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                          | Amgen Inc                                                                       | CUSIP: 031162DT4<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    434000 | PA      | $432889.93    | 0.02%             | 2053-03-02      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136ABZ63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1969971 | PA      | $1810891.64   | 0.06%             | 2043-01-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BN2C9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1046379 | PA      | $985384.39    | 0.03%             | 2052-09-25      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                             | UnitedHealth Group Inc                                                          | CUSIP: 91324PFL1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |   3076000 | PA      | $3059350.29   | 0.11%             | 2054-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137B6N56<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    357597 | PA      | $354244.34    | 0.01%             | 2043-12-15      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                             | Pacific Gas and Electric Co                                                     | CUSIP: 694308HY6<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   2914000 | PA      | $2177775.19   | 0.08%             | 2047-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AVWS4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1177377 | PA      | $1167079.93   | 0.04%             | 2047-03-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                               | Verizon Master Trust                                                            | CUSIP: 92348KDY6<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   5037000 | PA      | $5078842.36   | 0.18%             | 2030-03-20      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| SUZANO NETHERLANDS BV                              | Suzano Netherlands BV                                                           | CUSIP: 86960YAA0<br>LEI: 9845009ZB9F5D6DB3602 | Long             | DBT              | CORP              | NL        |   1455000 | PA      | $1456455.00   | 0.05%             | 2036-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO                                | Consumers Energy Co                                                             | CUSIP: 210518DY9<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |   2466000 | PA      | $2491196.77   | 0.09%             | 2031-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                         | Navient Private Education Refi Loan Trust 2021-F                                | CUSIP: 63942GAA1<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |   1995448 | PA      | $1779576.43   | 0.06%             | 2070-02-18      | Fixed         | 1.11%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC        | BBCMS Mortgage Trust 2025-C35                                                   | CUSIP: 07337DAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    686000 | PA      | $723714.70    | 0.03%             | 2058-07-15      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 31397UGD5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    448434 | PA      | $445184.48    | 0.02%             | 2041-06-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                         | Navient Student Loan Trust 2021-3                                               | CUSIP: 63942WAA6<br>LEI: 549300761SV59SBM0Z40 | Long             | ABS-O            | CORP              | US        |   2074544 | PA      | $1827678.04   | 0.06%             | 2070-08-25      | Fixed         | 1.77%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                        | Oracle Corp                                                                     | CUSIP: 68389XDM4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   2029000 | PA      | $2040172.55   | 0.07%             | 2035-09-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140QUVA1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1987892 | PA      | $2074495.20   | 0.07%             | 2054-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GENERAL ELECTRIC CO                                | General Electric Co                                                             | CUSIP: 369604CA9<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |   2631000 | PA      | $2667656.75   | 0.09%             | 2036-01-29      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                 | Realty Income Corp                                                              | CUSIP: 756109BL7<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |   1174000 | PA      | $1047629.92   | 0.04%             | 2032-12-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                                       | CaixaBank SA                                                                    | CUSIP: 12803RAK0<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |   3123000 | PA      | $3144864.40   | 0.11%             | 2029-07-03      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FPPA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1629440 | PA      | $1506893.72   | 0.05%             | 2049-11-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY FLORIDA LLC                            | Duke Energy Florida LLC                                                         | CUSIP: 26444HAK7<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |   1252000 | PA      | $1125411.32   | 0.04%             | 2031-12-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140MHUK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    888050 | PA      | $760081.78    | 0.03%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust                          | Nelnet Student Loan Trust 2005-1                                                | CUSIP: 64031QBR1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2416607 | PA      | $2399346.46   | 0.08%             | 2033-10-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FAY28<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    933282 | PA      | $850044.87    | 0.03%             | 2047-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                         | Verus Securitization Trust 2021-1                                               | CUSIP: 92537QAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    633896 | PA      | $570015.77    | 0.02%             | 2066-01-25      | Variable      | 0.82%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140X4HF6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2588978 | PA      | $2361205.31   | 0.08%             | 2049-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                        | Oracle Corp                                                                     | CUSIP: 68389XDT9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1930000 | PA      | $1926445.65   | 0.07%             | 2065-09-26      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                     | Lowe's Cos Inc                                                                  | CUSIP: 548661EV5<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |   2212000 | PA      | $2197684.58   | 0.08%             | 2031-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                             | Diamondback Energy Inc                                                          | CUSIP: 25278XAY5<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |   1779000 | PA      | $1832139.23   | 0.06%             | 2030-01-30      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BHAA7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4634899 | PA      | $3799849.24   | 0.13%             | 2051-05-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                     | Eli Lilly & Co                                                                  | CUSIP: 532457CY2<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |   1192000 | PA      | $1217541.43   | 0.04%             | 2055-02-12      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137FN5F3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    718700 | PA      | $704589.41    | 0.02%             | 2049-08-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                          | Boeing Co/The                                                                   | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   1662000 | PA      | $1660443.99   | 0.06%             | 2050-05-01      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XHEN3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4838658 | PA      | $4325549.40   | 0.15%             | 2047-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                    | U.S. Treasury Bonds                                                             | CUSIP: 912810RS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11064000 | PA      | $7779807.16   | 0.27%             | 2046-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132AEQT6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3969447 | PA      | $3648692.18   | 0.13%             | 2045-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY PVT BANK                            | Morgan Stanley Private Bank NA                                                  | CUSIP: 61776NVE0<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |   2927000 | PA      | $2943413.18   | 0.10%             | 2028-07-06      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                              | Duke Energy Carolinas LLC                                                       | CUSIP: 26442CBB9<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    573000 | PA      | $524551.04    | 0.02%             | 2031-04-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| GILDAN ACTIVEWEAR INC                              | Gildan Activewear Inc                                                           | CUSIP: 375916AG8<br>LEI: 549300SB3IBI34M00Z45 | Long             | DBT              | CORP              | CA        |    484000 | PA      | $484067.22    | 0.02%             | 2035-10-07      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC        | BBCMS Mortgage Trust 2022-C17                                                   | CUSIP: 054976AE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2207000 | PA      | $2174370.39   | 0.08%             | 2055-09-15      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137HKUP7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1021524 | PA      | $970509.28    | 0.03%             | 2043-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Crowley Conro LLC                                  | Crowley Conro LLC                                                               | CUSIP: 228023AB3<br>LEI: 5493002RTOQUGXZXJJ02 | Long             | DBT              | CORP              | US        |   1098475 | PA      | $1005348.19   | 0.04%             | 2043-08-15      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                               | Glencore Funding LLC                                                            | CUSIP: 378272CA4<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   2592000 | PA      | $2693948.67   | 0.09%             | 2035-04-01      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Notes                                                             | CUSIP: 91282CDY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    253000 | PA      | $224458.44    | 0.01%             | 2032-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132AEV52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1276511 | PA      | $1174974.18   | 0.04%             | 2043-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137BSVH3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1288565 | PA      | $1253083.20   | 0.04%             | 2055-01-15      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                              | Wells Fargo & Co                                                                | CUSIP: 95000U4A8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   2670000 | PA      | $2661672.06   | 0.09%             | 2029-09-15      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                    | Deere & Co                                                                      | CUSIP: 244199BL8<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |   4014000 | PA      | $4225201.27   | 0.15%             | 2035-01-16      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31418CEF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7688485 | PA      | $6948133.80   | 0.24%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BHPY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    346443 | PA      | $309889.53    | 0.01%             | 2041-06-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38379GQX8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1181873 | PA      | $1067883.63   | 0.04%             | 2044-09-20      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                     | Eli Lilly & Co                                                                  | CUSIP: 532457DF2<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    601000 | PA      | $618283.19    | 0.02%             | 2055-10-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FIN PLC                            | Imperial Brands Finance PLC                                                     | CUSIP: 45262BAK9<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |   1914000 | PA      | $1952138.12   | 0.07%             | 2035-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust                | Toyota Auto Receivables 2025-B Owner Trust                                      | CUSIP: 89231HAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    497000 | PA      | $501049.90    | 0.02%             | 2029-11-15      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| Freddiemac Strip                                   | Freddie Mac Strips                                                              | CUSIP: 3128HXMV4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2169705 | PA      | $2003306.29   | 0.07%             | 2042-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                          | Amgen Inc                                                                       | CUSIP: 031162DS6<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   1374000 | PA      | $1392208.70   | 0.05%             | 2043-03-02      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                           | AT&T Inc                                                                        | CUSIP: 00206RLV2<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    884000 | PA      | $604395.00    | 0.02%             | 2059-09-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                | American Express Co                                                             | CUSIP: 025816DZ9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   1704000 | PA      | $1772287.90   | 0.06%             | 2036-01-30      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Bonds                                                             | CUSIP: 912810SA7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  48477000 | PA      | $36607709.53  | 1.28%             | 2048-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38379XN63<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2738081 | PA      | $2317208.65   | 0.08%             | 2044-04-16      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 3142BGWE5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   8251112 | PA      | $8263632.41   | 0.29%             | 2055-06-01      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Ginnie Mae II Pool                                                              | CUSIP: 3622ABMK5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4684830 | PA      | $4172338.13   | 0.15%             | 2050-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Notes                                                             | CUSIP: 91282CNX5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  31179000 | PA      | $31018233.28  | 1.08%             | 2030-08-31      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                           | Devon Energy Corp                                                               | CUSIP: 25179MBH5<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |   1581000 | PA      | $1466498.37   | 0.05%             | 2054-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140FXRS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  12605941 | PA      | $11108467.10  | 0.39%             | 2060-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3142GS4Q8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1093172 | PA      | $1142146.94   | 0.04%             | 2054-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ENTERGY MISSISSIPPI LLC                            | Entergy Mississippi LLC                                                         | CUSIP: 29366WAG1<br>LEI: 54930043I78H35DVVW89 | Long             | DBT              | CORP              | US        |   1229000 | PA      | $1259041.73   | 0.04%             | 2055-04-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                | JPMorgan Chase & Co                                                             | CUSIP: 46647PBL9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1463000 | PA      | $1356976.58   | 0.05%             | 2031-04-22      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38377RKA2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1375109 | PA      | $1360928.10   | 0.05%             | 2040-12-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BLES5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4888251 | PA      | $4377124.22   | 0.15%             | 2047-10-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38384QH76<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   9077040 | PA      | $8648429.68   | 0.30%             | 2047-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Capital One Multi-Asset Execution Trust            | Capital One Multi-Asset Execution Trust                                         | CUSIP: 14041NGG0<br>LEI: R42WS16M9R97TJJKGU15 | Long             | ABS-O            | CORP              | US        |    963000 | PA      | $961037.02    | 0.03%             | 2032-09-15      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                               | Verizon Master Trust Series 2025-2                                              | CUSIP: 92348KDV2<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   5536000 | PA      | $5697052.76   | 0.20%             | 2033-01-20      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                             | PNC Financial Services Group Inc/The                                            | CUSIP: 693475CE3<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   1240000 | PA      | $1276044.47   | 0.04%             | 2036-07-21      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                               | Bank of America Corp                                                            | CUSIP: 06051GJL4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    830000 | PA      | $737181.21    | 0.03%             | 2031-10-24      | Fixed         | 1.92%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38382TXL3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5118963 | PA      | $4208959.64   | 0.15%             | 2051-06-20      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| T-Mobile US Trust                                  | T-Mobile US Trust 2025-2                                                        | CUSIP: 87268MAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1987000 | PA      | $2000752.82   | 0.07%             | 2030-04-22      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38383MFU7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3075448 | PA      | $2954629.75   | 0.10%             | 2041-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                              | American Homes 4 Rent LP                                                        | CUSIP: 02666TAF4<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |    727000 | PA      | $582569.62    | 0.02%             | 2052-04-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                 | Realty Income Corp                                                              | CUSIP: 756109CA0<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    910000 | PA      | $868200.00    | 0.03%             | 2028-03-15      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38382NFU6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1450391 | PA      | $1446536.54   | 0.05%             | 2051-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                            | John Deere Capital Corp                                                         | CUSIP: 24422EXZ7<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |   1668000 | PA      | $1695257.79   | 0.06%             | 2028-01-07      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132E0A44<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   9304595 | PA      | $8408045.56   | 0.29%             | 2047-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                    | McDonald's Corp                                                                 | CUSIP: 58013MEF7<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |   1441000 | PA      | $1591526.33   | 0.06%             | 2038-03-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                              | Uber Technologies Inc                                                           | CUSIP: 90353TAQ3<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   1138000 | PA      | $1104120.49   | 0.04%             | 2054-09-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                            | Nationwide Building Society                                                     | CUSIP: 63861VAN7<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   1539000 | PA      | $1582669.20   | 0.06%             | 2036-07-14      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38383D2L1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   7932685 | PA      | $6935038.98   | 0.24%             | 2051-12-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Bonds                                                             | CUSIP: 912810ST6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  18590000 | PA      | $12128522.75  | 0.42%             | 2040-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38383RWC7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1247000 | PA      | $997202.46    | 0.03%             | 2052-04-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 31288RE46<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2562764 | PA      | $2586846.69   | 0.09%             | 2055-01-01      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                | American Express Co                                                             | CUSIP: 025816ED7<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   3104000 | PA      | $3152917.46   | 0.11%             | 2029-04-25      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XGTG4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1935123 | PA      | $1725983.57   | 0.06%             | 2042-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                      | Citigroup Inc                                                                   | CUSIP: 17327CAT0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1553000 | PA      | $1560226.64   | 0.05%             | 2030-09-19      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140MM5C8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2134647 | PA      | $2134797.10   | 0.07%             | 2052-09-01      | Floating      | 4.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AMUK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2154799 | PA      | $1940987.94   | 0.07%             | 2045-03-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                               | Verizon Master Trust                                                            | CUSIP: 92348KBS1<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   7176000 | PA      | $7230582.81   | 0.25%             | 2029-06-20      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| Synchrony Card Issuance Trust                      | Synchrony Card Issuance Trust                                                   | CUSIP: 87166PAP6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3250000 | PA      | $3306743.70   | 0.12%             | 2031-02-15      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Capital One Multi-Asset Execution Trust            | Capital One Multi-Asset Execution Trust                                         | CUSIP: 14041NGF2<br>LEI: R42WS16M9R97TJJKGU15 | Long             | ABS-O            | CORP              | US        |    821000 | PA      | $820572.18    | 0.03%             | 2030-09-16      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XGKS7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1289681 | PA      | $1169416.24   | 0.04%             | 2048-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140JCP99<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2285951 | PA      | $2301597.64   | 0.08%             | 2055-01-01      | Floating      | 4.36%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137H5ZK6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000038 | PA      | $922095.38    | 0.03%             | 2047-12-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AmeriCredit Automobile Receivables Trust           | Americredit Automobile Receivables Trust 2023-1                                 | CUSIP: 03067BAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    545127 | PA      | $546782.88    | 0.02%             | 2027-11-18      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                             | Pacific Gas and Electric Co                                                     | CUSIP: 694308JU2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    730000 | PA      | $597773.90    | 0.02%             | 2041-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                       | Broadcom Inc                                                                    | CUSIP: 11135FCL3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1941000 | PA      | $1985619.16   | 0.07%             | 2032-07-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AV5J4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1095969 | PA      | $1085951.00   | 0.04%             | 2047-04-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                      | Citigroup Inc                                                                   | CUSIP: 17327CBA0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   3379000 | PA      | $3454019.85   | 0.12%             | 2036-03-27      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XBQP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2812623 | PA      | $2410216.92   | 0.08%             | 2051-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132DVLC7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1905434 | PA      | $1642041.54   | 0.06%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Notes                                                             | CUSIP: 91282CHJ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10315000 | PA      | $10319432.25  | 0.36%             | 2030-06-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Notes                                                             | CUSIP: 91282CNY3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  32268000 | PA      | $32048678.28  | 1.12%             | 2028-09-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                       | Broadcom Inc                                                                    | CUSIP: 11135FBX8<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   3436000 | PA      | $3539374.98   | 0.12%             | 2029-07-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| HCA INC                                            | HCA Inc                                                                         | CUSIP: 404119BZ1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1225000 | PA      | $1122086.84   | 0.04%             | 2049-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38382NPQ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1673002 | PA      | $1318106.21   | 0.05%             | 2051-02-20      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140XNRG1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  30307969 | PA      | $30655680.18  | 1.07%             | 2054-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 31288RGB8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1316088 | PA      | $1326976.24   | 0.05%             | 2055-06-01      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| SIEMENS FUNDING BV                                 | Siemens Funding BV                                                              | CUSIP: 82622RAE6<br>LEI: 213800CCRGH2TO338X64 | Long             | DBT              | CORP              | NL        |   2508000 | PA      | $2600468.96   | 0.09%             | 2035-05-28      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140JB6N1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7866887 | PA      | $7829597.40   | 0.27%             | 2053-04-01      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BQEE5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2882837 | PA      | $2833352.99   | 0.10%             | 2050-01-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                       | Ford Credit Auto Owner Trust 2022-D                                             | CUSIP: 345295AE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1060000 | PA      | $1071513.08   | 0.04%             | 2028-03-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                 | Realty Income Corp                                                              | CUSIP: 756109BT0<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |   1397000 | PA      | $1415813.40   | 0.05%             | 2033-07-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140FXKV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1496546 | PA      | $1426835.46   | 0.05%             | 2043-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ARES MANAGEMENT CORP                               | Ares Management Corp                                                            | CUSIP: 03990BAB7<br>LEI: 529900JUV61FH7B8VW38 | Long             | DBT              | CORP              | US        |   1434000 | PA      | $1386770.31   | 0.05%             | 2054-10-11      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137H5CE5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1341205 | PA      | $1202472.74   | 0.04%             | 2049-05-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38380H3A8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    909825 | PA      | $859459.54    | 0.03%             | 2044-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OP                                | Invitation Homes Operating Partnership LP                                       | CUSIP: 46188BAD4<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              |  | US        |   1614000 | PA      | $1560306.76   | 0.05%             | 2032-04-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Notes                                                             | CUSIP: 91282CGS4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  22193000 | PA      | $22101974.08  | 0.77%             | 2030-03-31      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3142GS4V7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    994351 | PA      | $1050288.93   | 0.04%             | 2054-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BSN43<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1086000 | PA      | $936388.30    | 0.03%             | 2043-12-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Bonds                                                             | CUSIP: 912810TF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19695000 | PA      | $14594302.64  | 0.51%             | 2042-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136B0WX0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    493120 | PA      | $486929.28    | 0.02%             | 2048-02-25      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Non Gold Pool                                                       | CUSIP: 3142B3WE4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1539284 | PA      | $1554147.56   | 0.05%             | 2055-06-01      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140QUZW9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2193739 | PA      | $2292015.38   | 0.08%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3133B5NK4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    548038 | PA      | $467962.63    | 0.02%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust                          | Nelnet Student Loan Trust 2004-4                                                | CUSIP: 64031QBK6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    718773 | PA      | $717269.37    | 0.03%             | 2037-01-25      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AVRD3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    381848 | PA      | $378685.70    | 0.01%             | 2047-03-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                           | CenterPoint Energy Houston Electric LLC                                         | CUSIP: 15189XAY4<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    928000 | PA      | $688934.56    | 0.02%             | 2052-03-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                               | Bank of America Corp                                                            | CUSIP: 06051GJS9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   5981000 | PA      | $5861550.94   | 0.20%             | 2027-07-22      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137ATDK5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    845566 | PA      | $798797.34    | 0.03%             | 2042-07-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                     | Eli Lilly & Co                                                                  | CUSIP: 532457CX4<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |   1029000 | PA      | $1064471.61   | 0.04%             | 2035-02-12      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137HCQJ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1782000 | PA      | $1561315.16   | 0.05%             | 2044-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust/Ford Credit           | Ford Credit Auto Owner Trust/Ford Credit                                        | CUSIP: 34532MAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5717000 | PA      | $5865281.83   | 0.20%             | 2037-08-15      | Variable      | 4.86%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                      | Citigroup Inc                                                                   | CUSIP: 172967QF1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   3560000 | PA      | $3561924.46   | 0.12%             | 2031-09-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BUNGE LTD FINANCE CORP                             | Bunge Ltd Finance Corp                                                          | CUSIP: 120568BR0<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |   2476000 | PA      | $2505186.35   | 0.09%             | 2035-08-04      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                          | Apple Inc                                                                       | CUSIP: 037833EY2<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |   1441000 | PA      | $1450723.02   | 0.05%             | 2028-05-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CARLISLE COS INC                                   | Carlisle Cos Inc                                                                | CUSIP: 142339AM2<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |    492000 | PA      | $498030.72    | 0.02%             | 2040-09-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                           | Duke Energy Progress LLC                                                        | CUSIP: 26442UAC8<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    286000 | PA      | $221258.76    | 0.01%             | 2046-10-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                         | Intel Corp                                                                      | CUSIP: 458140CH1<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    540000 | PA      | $529549.84    | 0.02%             | 2043-02-10      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3133KYWH8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2438233 | PA      | $2105196.50   | 0.07%             | 2042-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137BRC60<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   8347143 | PA      | $8253926.38   | 0.29%             | 2041-06-15      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association           | Government National Mortgage Association                                        | CUSIP: 38382MUU1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1358440 | PA      | $1354298.13   | 0.05%             | 2051-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORP                              | Northrop Grumman Corp                                                           | CUSIP: 666807CP5<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |   1269000 | PA      | $1313576.30   | 0.05%             | 2035-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31418EED8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2380334 | PA      | $2122033.47   | 0.07%             | 2042-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3140Y6PX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9904035 | PA      | $10175136.69  | 0.36%             | 2055-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136AUGJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    976855 | PA      | $968584.09    | 0.03%             | 2046-11-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| NSTAR ELECTRIC CO                                  | NSTAR Electric Co                                                               | CUSIP: 67021CAV9<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |   1451000 | PA      | $1510455.41   | 0.05%             | 2034-06-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136ANPY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1183021 | PA      | $1153317.63   | 0.04%             | 2045-05-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-28

**Name of Applicant:** NORTHWESTERN MUTUAL SERIES FUND INC

**Signature:** Linda Wisniewski

**Name of Signer:** Linda Wisniewski

**Title:** Controller and Chief Accounting Officer