# EDGAR Filing Document

**Accession Number:** 0000885709
**File Stem:** 0000940400-26-011788
**Filing Date:** 2026-3
**Character Count:** 207698
**Document Hash:** 9f2c16dcf9876f734e84959bfb522d0a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-011788.hdr.sgml**: 20260327

**ACCESSION NUMBER**: 0000940400-26-011788

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260130

**FILED AS OF DATE**: 20260327

**DATE AS OF CHANGE**: 20260327

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PAYDEN & RYGEL INVESTMENT GROUP
- **CENTRAL INDEX KEY:** 0000885709

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06625
- **FILM NUMBER:** 26805632

**BUSINESS ADDRESS:**
- **STREET 1:** 333 S GRAND AVE
- **STREET 2:** 40TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071
- **BUSINESS PHONE:** 2136251900

**MAIL ADDRESS:**
- **STREET 1:** 333 S GRAND AVE
- **STREET 2:** 40TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAYDENFUNDS
- **DATE OF NAME CHANGE:** 20010423

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAYDEN & RYGEL INVESTMENT GROUP
- **DATE OF NAME CHANGE:** 19940104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** P&R INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### Payden Limited Maturity Fund (Series ID: S000011751)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000032176 | Payden Limited Maturity Fund (Investor Class) | PYLMX           |
| C000228770 | Payden Limited Maturity Fund (SI Class)       | PYLSX           |
| C000246929 | Payden Limited Maturity Fund (Adviser Class)  | PYLBX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PAYDEN & RYGEL INVESTMENT GROUP

- **b. Investment Company Act file number:** 811-06625

- **c. CIK number of Registrant:** 0000885709

- **d. LEI of Registrant:** 549300QJNYRKYZS3P282

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

  - **Street Address 1:** 333 South Grand Avenue

  - **City:** Los Angeles

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90071

  - **Telephone number:** 213-625-1900

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

- **a. Name of Series:** Payden Limited Maturity Fund

- **b. EDGAR series identifier (if any):** S000011751

- **c. LEI of Series:** V3GJTCYEA6MK6IE7MU03

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-30

**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:** $2081900316.53

**Total Liabilities:** $27757636.71

**Net Assets:** $2054142679.82

**Delayed Delivery Securities:** $2644000.00

**Cash Not Reported:** $6455160.55

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 211.00000000 | **1-Year:** 6732.00000000 | **5-Year:** 131756.00000000 | **10-Year:** 25654.00000000 | **30-Year:** 72037.00000000

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

- **3-Month:** 0.00000000 | **1-Year:** 488.00000000 | **5-Year:** 8221.00000000 | **10-Year:** 1878.00000000 | **30-Year:** 5832.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000032176 | 0.38%                | 0.50%                | 0.37%                |
| Class ID C000228770 | 0.49%                | 0.40%                | 0.38%                |
| Class ID C000246929 | 0.36%                | 0.37%                | 0.45%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $712384.82               | $-258620.22                                |
| Month 2  | $-15367.51               | $642706.43                                 |
| Month 3  | $38283.77                | $328224.48                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| HSBC SECURITIES (USA) INC.             | USD/CAD FORWARD                                                       | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $20047.25     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| AmeriCredit Automobile Receiva         | AmeriCredit Automobile Receivables Trust 2025-1                       | CUSIP: 03067FAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2200000 | PA      | $2203476.00   | 0.11%             | 2029-03-19      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| UBS AG STAMFORD CT                     | UBS AG/Stamford CT                                                    | CUSIP: 90261AAD4<br>LEI: 254900R882POXXVAK772 | Long             | DBT              | CORP              | CH        |   5045000 | PA      | $5089876.23   | 0.25%             | 2028-01-10      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2024-2                          | CUSIP: 96042YAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3160000 | PA      | $3171837.36   | 0.15%             | 2028-02-15      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| AREIT CRE Trust                        | AREIT 2024-CRE9 Ltd                                                   | CUSIP: 00193AAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1402586 | PA      | $1404472.39   | 0.07%             | 2041-05-17      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| CCG Receivables Trust                  | CCG Receivables Trust 2023-1                                          | CUSIP: 12512XAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    678549 | PA      | $681017.06    | 0.03%             | 2030-09-16      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| GREAT AMERICA LEASING RECEIVAB         | GreatAmerica Leasing Receivables Funding LLC                          | CUSIP: 39154GAH9<br>LEI: 549300JFP7GIDD4UWO79 | Long             | ABS-O            | CORP              | US        |   1766270 | PA      | $1772474.43   | 0.09%             | 2027-10-15      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategi         | Carlyle US CLO 2020-2 Ltd                                             | CUSIP: 14315GAW5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2250000 | PA      | $2250519.75   | 0.11%             | 2035-01-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Palmer Square Loan Funding Ltd         | Palmer Square Loan Funding 2024-3 Ltd                                 | CUSIP: 69690EAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3345142 | PA      | $3345105.16   | 0.16%             | 2032-08-08      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| PFS Financing Corp.                    | PFS Financing Corp                                                    | CUSIP: 69335PGA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5007191.00   | 0.24%             | 2029-07-15      | Floating      | 4.41%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC               | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                   | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1885000 | PA      | $1860351.36   | 0.09%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                | Arthur J Gallagher & Co                                               | CUSIP: 04316JAK5<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |   1930000 | PA      | $1952622.38   | 0.10%             | 2027-12-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust             | Verus Securitization Trust 2025-INV1                                  | CUSIP: 924929AC6<br>LEI: 213800YO7QOQOFRSRN78 | Long             | ABS-MBS          | CORP              | US        |   3222391 | PA      | $3264543.20   | 0.16%             | 2070-02-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Residential Mor         | Morgan Stanley Residential Mortgage Loan Trust 2025-NQM8              | CUSIP: 61779QAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5019026 | PA      | $5043067.87   | 0.25%             | 2070-09-25      | Variable      | 4.96%                 | No            |                  2 | On Loan: No      |
| Galaxy CLO Ltd                         | Galaxy XXII CLO Ltd                                                   | CUSIP: 36320TBM4<br>LEI: 54930022KENWLYJ8SJ86 | Long             | ABS-CBDO         | CORP              | KY        |   2644000 | PA      | $2644000.00   | 0.13%             | 2034-04-16      | Floating      | 0.01%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust             | GLS Auto Receivables Issuer Trust 2025-2                              | CUSIP: 37989BAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2625604 | PA      | $2631517.06   | 0.13%             | 2028-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Kubota Credit Owner Trust              | Kubota Credit Owner Trust 2023-1                                      | CUSIP: 50117KAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1538592 | PA      | $1544142.88   | 0.08%             | 2027-06-15      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2022-DNA7                               | CUSIP: 35564KL31<br>LEI: 5493000IRUQLXTG4SV18 | Long             | ABS-MBS          | CORP              | US        |   1625332 | PA      | $1637522.50   | 0.08%             | 2052-03-25      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables          | Exeter Automobile Receivables Trust                                   | CUSIP: 30166XAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2100000 | PA      | $2116475.13   | 0.10%             | 2029-07-16      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS INC                     | Albertsons Cos Inc                                                    | CUSIP: 01309QAE8<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1149427.02   | 0.06%             | 2032-03-31      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                 | General Motors Financial Co Inc                                       | CUSIP: 37045XEQ5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   2720000 | PA      | $2764360.59   | 0.13%             | 2027-05-08      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC         | Enterprise Fleet Financing 2024-2 LLC                                 | CUSIP: 29375RAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1251610 | PA      | $1255420.52   | 0.06%             | 2026-12-20      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC               | Vistra Operations Co LLC                                              | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    900000 | PA      | $901176.70    | 0.04%             | 2027-07-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BX Trust                               | BX Trust 2025-VOLT                                                    | CUSIP: 05619PAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6500000 | PA      | $6541480.40   | 0.32%             | 2044-12-15      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| Highbridge Loan Management Ltd         | Highbridge Loan Management 5-2015 Ltd                                 | CUSIP: 44331DAS8<br>LEI: 54930067MZ9NV8B3SZ80 | Long             | ABS-CBDO         | CORP              | KY        |   1449491 | PA      | $1449455.79   | 0.07%             | 2030-10-15      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2025-2                          | CUSIP: 96041KAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2507068.00   | 0.12%             | 2028-09-15      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                 | CCO Holdings LLC / CCO Holdings Capital Corp                          | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3010000 | PA      | $3012646.93   | 0.15%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                | Goldman Sachs Group Inc/The                                           | CUSIP: 38145GAP5<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   6660000 | PA      | $6666203.19   | 0.32%             | 2029-01-21      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust           | Dell Equipment Finance Trust 2024-2                                   | CUSIP: 24704EAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4584490 | PA      | $4592747.95   | 0.22%             | 2030-08-22      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2024-3                          | CUSIP: 96043CAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    604948 | PA      | $605563.37    | 0.03%             | 2027-09-15      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                  | Wells Fargo & Co                                                      | CUSIP: 95000U3Z4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  10530000 | PA      | $10585244.07  | 0.52%             | 2029-09-15      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                    | Bank of Nova Scotia/The                                               | CUSIP: 06418GAM9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   9760000 | PA      | $9812814.09   | 0.48%             | 2028-09-08      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2025-NQM15 Trust                                                  | CUSIP: 67122CAC9<br>LEI: 254900Y3YIZHUWMEGC78 | Long             | ABS-MBS          | CORP              | US        |   4485515 | PA      | $4522760.04   | 0.22%             | 2065-07-27      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust              | Towd Point Mortgage Trust 2026-CES1                                   | CUSIP: 89190LAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2700000 | PA      | $2703650.40   | 0.13%             | 2065-12-25      | Variable      | 4.96%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2024-NQM17 Trust                                                  | CUSIP: 673911AC7<br>LEI: 254900HMH8TR6ZSMCB34 | Long             | ABS-MBS          | CORP              | US        |   3469939 | PA      | $3513159.67   | 0.17%             | 2064-11-25      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| Ally Auto Receivables Trust            | Ally Auto Receivables Trust 2025-1                                    | CUSIP: 02008KAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3500000 | PA      | $3504341.40   | 0.17%             | 2028-07-17      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust             | Verus Securitization Trust 2024-8                                     | CUSIP: 92540PAA6<br>LEI: 213800RZ8QGNZ38DSP77 | Long             | ABS-MBS          | CORP              | US        |   1992379 | PA      | $2009428.23   | 0.10%             | 2069-10-25      | Variable      | 5.36%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                   | Cross 2024-H7 Mortgage Trust                                          | CUSIP: 22757CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2369498 | PA      | $2393924.09   | 0.12%             | 2069-11-25      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| ARI Fleet Lease Trust                  | ARI Fleet Lease Trust 2023-B                                          | CUSIP: 04033GAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1060824 | PA      | $1068556.53   | 0.05%             | 2032-07-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                                           | CUSIP: 912797TA5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  66000000 | PA      | $65666776.56  | 3.20%             | 2026-03-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BX Trust                               | BX Commercial Mortgage Trust 2024-MDHS                                | CUSIP: 12433BAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3653113 | PA      | $3664311.39   | 0.18%             | 2041-05-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2024-3                          | CUSIP: 96043CAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5400000 | PA      | $5415726.96   | 0.26%             | 2028-04-17      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                 | Daimler Truck Finance North America LLC                               | CUSIP: 233853AV2<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1011376.52   | 0.05%             | 2027-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitizat         | Hyundai Auto Lease Securitization Trust 2025-B                        | CUSIP: 44935DAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2824787 | PA      | $2836354.08   | 0.14%             | 2027-09-15      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| Flatiron CLO Ltd                       | Flatiron RR CLO 22 LLC                                                | CUSIP: 33883QAQ8<br>LEI: 5493000CIUZPG6SZO932 | Long             | ABS-CBDO         | CORP              | US        |   5000000 | PA      | $4981700.00   | 0.24%             | 2034-10-15      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL                 | Protective Life Global Funding                                        | CUSIP: 74368CBX1<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   2465000 | PA      | $2494000.48   | 0.12%             | 2027-01-12      | Fixed         | 4.99%                 | No            |                  2 | On Loan: —       |
| Neuberger Berman CLO Ltd               | Neuberger Berman Loan Advisers Clo 42 Ltd                             | CUSIP: 64133WAL9<br>LEI: 549300LGCRX4YI1JNS93 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5001785.00   | 0.24%             | 2036-07-16      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management            | RCKT Mortgage Trust 2025-CES11                                        | CUSIP: 749423AA7<br>LEI: 254900BTBXWWIQBK4D47 | Long             | ABS-MBS          | CORP              | US        |   4302521 | PA      | $4320731.08   | 0.21%             | 2055-11-25      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                     | Energy Transfer LP                                                    | CUSIP: 29273VAR1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   6840000 | PA      | $6949662.71   | 0.34%             | 2026-12-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                | National Bank of Canada                                               | CUSIP: 63307A2Z7<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |   5705000 | PA      | $5717878.64   | 0.28%             | 2027-07-02      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                       | Colt 2024-7 Mortgage Loan Trust                                       | CUSIP: 19688YAA2<br>LEI: 213800EA95GXXC9AJO50 | Long             | ABS-MBS          | CORP              | US        |   3943315 | PA      | $3985465.91   | 0.19%             | 2069-12-26      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                 | American Honda Finance Corp                                           | CUSIP: 02665WGR6<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   1855000 | PA      | $1859739.47   | 0.09%             | 2029-01-08      | Fixed         | 4.15%                 | No            |                  2 | On Loan: —       |
| ARI Fleet Lease Trust                  | ARI Fleet Lease Trust 2024-B                                          | CUSIP: 04033HAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1864607 | PA      | $1877628.22   | 0.09%             | 2033-04-15      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust           | Ford Credit Auto Owner Trust 2025-A                                   | CUSIP: 34535KAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3141841 | PA      | $3150118.70   | 0.15%             | 2027-12-15      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust         | Carvana Auto Receivables Trust 2025-P1                                | CUSIP: 14689MAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    744262 | PA      | $745003.48    | 0.04%             | 2028-06-12      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                       | Hewlett Packard Enterprise Co                                         | CUSIP: 42824CCB3<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |   9700000 | PA      | $9710487.83   | 0.47%             | 2027-09-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLD                  | Freedom Mortgage Holdings LLC                                         | CUSIP: 35641AAA6<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |    855000 | PA      | $895582.58    | 0.04%             | 2029-02-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY PVT BANK                | Morgan Stanley Private Bank NA                                        | CUSIP: 61776NVF7<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |   5880000 | PA      | $5898759.90   | 0.29%             | 2028-07-06      | Floating      | 4.42%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                 | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC | CUSIP: 01309QAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1130000 | PA      | $1133411.49   | 0.06%             | 2031-03-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ARI Fleet Lease Trust                  | ARI Fleet Lease Trust 2025-B                                          | CUSIP: 00193GAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1007081.40   | 0.05%             | 2034-03-15      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| MMAF Equipment Finance LLC             | MMAF Equipment Finance LLC 2022-A                                     | CUSIP: 55317RAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150104 | PA      | $149926.58    | 0.01%             | 2028-01-13      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                    | JPMorgan Chase & Co                                                   | CUSIP: 46647PEP7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3900000 | PA      | $3937308.53   | 0.19%             | 2028-10-22      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                      | General Mills Inc                                                     | CUSIP: 370334CX0<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |   1410000 | PA      | $1420157.80   | 0.07%             | 2027-01-30      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BX Trust                               | BX Commercial Mortgage Trust 2024-XL4                                 | CUSIP: 05611VAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6681853 | PA      | $6692701.32   | 0.33%             | 2039-02-15      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2024-DNA1                               | CUSIP: 35564NAW3<br>LEI: 529900N6M839KA246662 | Long             | ABS-MBS          | CORP              | US        |   3214914 | PA      | $3231324.93   | 0.16%             | 2044-02-25      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                     | BMW US Capital LLC                                                    | CUSIP: 05565ECH6<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   4825000 | PA      | $4882367.37   | 0.24%             | 2027-04-02      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Capital One Prime Auto Receiva         | Capital One Prime Auto Receivables Trust 2025-1                       | CUSIP: 14043YAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2600000 | PA      | $2602711.80   | 0.13%             | 2029-01-16      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2022-R01                          | CUSIP: 20754LAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    212005 | PA      | $212018.74    | 0.01%             | 2041-12-25      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| CCG Receivables Trust                  | CCG Receivables Trust 2025-1                                          | CUSIP: 12515XAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2631883 | PA      | $2646536.59   | 0.13%             | 2032-10-14      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM TRU         | SoFi Consumer Loan Program 2025-1 Trust                               | CUSIP: 83406YAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3020458 | PA      | $3036912.88   | 0.15%             | 2034-02-27      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Porsche Innovative Lease Owner         | Porsche Innovative Lease Owner Trust 2025-1                           | CUSIP: 73329KAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2001475 | PA      | $2008272.52   | 0.10%             | 2027-12-20      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| TD SYNNEX CORP                         | TD SYNNEX Corp                                                        | CUSIP: 87162WAM2<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |   3315000 | PA      | $3317017.87   | 0.16%             | 2029-01-17      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                       | COLT 2025-11 Mortgage Loan Trust                                      | CUSIP: 12676KAC7<br>LEI: 213800CETFGZSOQ6WF79 | Long             | ABS-MBS          | CORP              | US        |   3689088 | PA      | $3708919.19   | 0.18%             | 2070-11-25      | Variable      | 5.05%                 | No            |                  2 | On Loan: No      |
| General Motors                         | GMF Floorplan Owner Revolving Trust Series 2025-1                     | CUSIP: 361886DV3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3700000 | PA      | $3732096.76   | 0.18%             | 2029-03-15      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| Stellantis Financial Underwrit         | Stellantis Financial Underwritten Enhanced Lease Trust 2025-C         | CUSIP: 85855EAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1300000 | PA      | $1304212.00   | 0.06%             | 2028-06-20      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                   | FS Rialto 2024-FL9 Issuer LLC                                         | CUSIP: 30338WAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5100000 | PA      | $5124275.49   | 0.25%             | 2039-10-19      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| AMRIZE FINANCE US LLC                  | Amrize Finance US LLC                                                 | CUSIP: 43475RAP1<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |   6800000 | PA      | $6850117.43   | 0.33%             | 2027-04-07      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                 | Daimler Truck Finance North America LLC                               | CUSIP: 233853AX8<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   4570000 | PA      | $4589369.21   | 0.22%             | 2027-09-25      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                       | COLT 2024-INV4 Mortgage Loan Trust                                    | CUSIP: 19688QAA9<br>LEI: 2138008UGM66WOAUY633 | Long             | ABS-MBS          | CORP              | US        |   1494061 | PA      | $1513208.87   | 0.07%             | 2069-05-25      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| Basswood Park CLO Ltd                  | Basswood Park CLO Ltd                                                 | CUSIP: 070252AJ0<br>LEI: 5493005HSAGIQZIVAS94 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5007155.00   | 0.24%             | 2034-04-20      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| World Omni Auto Receivables Tr         | World Omni Auto Receivables Trust 2025-C                              | CUSIP: 981936AB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $4507342.20   | 0.22%             | 2028-10-16      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2025-NQM11 Trust                                                  | CUSIP: 67449BAA1<br>LEI: 254900KNWDG7C03UTA13 | Long             | ABS-MBS          | CORP              | US        |   5555998 | PA      | $5623220.92   | 0.27%             | 2065-05-25      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond                                      | CUSIP: 91282CNM9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  42100000 | PA      | $42400127.11  | 2.06%             | 2028-07-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GM Financial Securitized Term          | GM Financial Consumer Automobile Receivables Trust 2026-1             | CUSIP: 362970AB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5100000 | PA      | $5102970.75   | 0.25%             | 2029-03-16      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY PVT BANK                | Morgan Stanley Private Bank NA                                        | CUSIP: 61776NVE0<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |   3575000 | PA      | $3598454.57   | 0.18%             | 2028-07-06      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| MARS INC                               | Mars Inc                                                              | CUSIP: 571676AW5<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   4130000 | PA      | $4161079.98   | 0.20%             | 2027-03-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Loan Enhanced          | Volkswagen Auto Loan Enhanced Trust 2025-1                            | CUSIP: 92868MAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2668397 | PA      | $2674730.53   | 0.13%             | 2028-01-20      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                     | Energy Transfer LP                                                    | CUSIP: 29273VAP5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1744000 | PA      | $1794444.35   | 0.09%             | 2028-02-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| BXMT Ltd                               | BXMT 2020-FL2 LTD                                                     | CUSIP: 12434LAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2493654.75   | 0.12%             | 2038-02-15      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                            | Truist Bank                                                           | CUSIP: 89788JAJ8<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |   3440000 | PA      | $3444738.67   | 0.17%             | 2029-01-27      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                                           | CUSIP: 912797SD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  30000000 | PA      | $29822754.30  | 1.45%             | 2026-04-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                 | NextEra Energy Capital Holdings Inc                                   | CUSIP: 65339KDH0<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   5290000 | PA      | $5322333.80   | 0.26%             | 2028-02-04      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner          | Toyota Auto Receivables 2026-A Owner Trust                            | CUSIP: 89240KAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5003432.00   | 0.24%             | 2028-12-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| BMW Vehicle Lease Trust                | BMW Vehicle Lease Trust                                               | CUSIP: 05613MAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    609160 | PA      | $609269.20    | 0.03%             | 2027-01-25      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                       | Bank of Montreal                                                      | CUSIP: 06368MJG0<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   6895000 | PA      | $7026374.02   | 0.34%             | 2029-01-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd                  | KKR Clo 34 Ltd                                                        | CUSIP: 48253UAJ5<br>LEI: 254900DSRKUNUNRNUG13 | Long             | ABS-CBDO         | CORP              | KY        |   5500000 | PA      | $5502079.00   | 0.27%             | 2034-07-15      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                          | Citigroup Inc                                                         | CUSIP: 172967PZ8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  10370000 | PA      | $10450785.41  | 0.51%             | 2028-05-07      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                | Starwood Property Trust Inc                                           | CUSIP: 85571BBD6<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |   1285000 | PA      | $1338995.70   | 0.07%             | 2030-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2024-NQM13 Trust                                                  | CUSIP: 67119PAP6<br>LEI: 254900W2SY2Z6X7UAX78 | Long             | ABS-MBS          | CORP              | US        |   3140413 | PA      | $3155564.57   | 0.15%             | 2064-06-25      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BAE SYSTEMS PLC                        | BAE Systems PLC                                                       | CUSIP: 05523RAH0<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |   2415000 | PA      | $2443834.11   | 0.12%             | 2027-03-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC         | Enterprise Fleet Financing 2025-3 LLC                                 | CUSIP: 29375UAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2200000 | PA      | $2212412.84   | 0.11%             | 2028-04-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC         | Enterprise Fleet Financing 2026-1 LLC                                 | CUSIP: 29376JAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5021000.00   | 0.24%             | 2028-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tharaldson Hotel Portfolio Tru         | THPT 2023-THL Mortgage Trust                                          | CUSIP: 87252LAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6394336 | PA      | $6520828.66   | 0.32%             | 2034-12-10      | Variable      | 6.99%                 | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM TRU         | SoFi Consumer Loan Program 2025-4 Trust                               | CUSIP: 83405UAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3018795 | PA      | $3025237.82   | 0.15%             | 2035-08-25      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| GM Financial Automobile Leasin         | GM Financial Automobile Leasing Trust 2025-3                          | CUSIP: 379965AB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3900000 | PA      | $3909408.75   | 0.19%             | 2027-10-20      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2023-HQA3                               | CUSIP: 35564K3F4<br>LEI: 529900ZTXRUUVE8G8W08 | Long             | ABS-MBS          | CORP              | US        |   6741876 | PA      | $6798829.78   | 0.33%             | 2043-11-25      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Lease Trust            | Volkswagen Auto Lease Trust 2025-B                                    | CUSIP: 92868BAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $4505927.85   | 0.22%             | 2028-04-20      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2025-NQM7 Trust                                                   | CUSIP: 67121DAA2<br>LEI: 2549008GB179CC65SK60 | Long             | ABS-MBS          | CORP              | US        |   3899423 | PA      | $3952174.37   | 0.19%             | 2055-05-25      | Variable      | 5.56%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                     | BMW US Capital LLC                                                    | CUSIP: 05565ECN3<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   5875000 | PA      | $5893205.57   | 0.29%             | 2026-08-13      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| Life Financial Services Trust          | Life 2022-BMR Mortgage Trust                                          | CUSIP: 53218DAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4100000 | PA      | $3987303.71   | 0.19%             | 2039-05-15      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| MAIN STREET CAPITAL CORP               | Main Street Capital Corp                                              | CUSIP: 56035LAK0<br>LEI: 5493001FS9QJLJNF3E20 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4025570.44   | 0.20%             | 2028-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.             | USD/CAD FORWARD                                                       | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-31046.49    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                    | Axon Enterprise Inc                                                   | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |   2620000 | PA      | $2699776.38   | 0.13%             | 2030-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Chesapeake Funding II LLC              | Chesapeake Funding II LLC                                             | CUSIP: 165183DJ0<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-O            | CORP              | US        |   1738319 | PA      | $1740849.04   | 0.08%             | 2036-05-15      | Floating      | 4.48%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP                       | NTT Finance Corp                                                      | CUSIP: 62954WAP0<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |   4310000 | PA      | $4348761.81   | 0.21%             | 2027-07-16      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd               | Madison Park Funding LII Ltd                                          | CUSIP: 55822BAN5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5900000 | PA      | $5899911.50   | 0.29%             | 2035-01-22      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                  | Wells Fargo & Co                                                      | CUSIP: 95000U3U5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   7055000 | PA      | $7174399.60   | 0.35%             | 2029-04-23      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management            | RCKT Mortgage Trust 2025-CES10                                        | CUSIP: 74939LAA2<br>LEI: 2549008ADDIO9CIJ8W08 | Long             | ABS-MBS          | CORP              | US        |   5057831 | PA      | $5076711.06   | 0.25%             | 2055-11-25      | Variable      | 4.89%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                 | PNC Financial Services Group Inc/The                                  | CUSIP: 693475BV6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   1895000 | PA      | $1919431.95   | 0.09%             | 2028-01-21      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC               | Ford Motor Credit Co LLC                                              | CUSIP: 345397C50<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3607537.46   | 0.18%             | 2026-03-06      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                           | Barclays PLC                                                          | CUSIP: 06738EDF9<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |  10065000 | PA      | $10123442.83  | 0.49%             | 2029-11-11      | Floating      | 4.90%                 | No            |                  2 | On Loan: —       |
| GREAT AMERICA LEASING RECEIVAB         | GreatAmerica Leasing Receivables Funding LLC                          | CUSIP: 39154TCP1<br>LEI: 549300JFP7GIDD4UWO79 | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $4521199.50   | 0.22%             | 2028-05-15      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| Volvo Financial Equipment LLC          | Volvo Financial Equipment LLC Series 2025-1                           | CUSIP: 92887TAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    971865 | PA      | $973902.11    | 0.05%             | 2027-11-15      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC         | Enterprise Fleet Financing 2025-1 LLC                                 | CUSIP: 29390HAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4065933 | PA      | $4082281.51   | 0.20%             | 2027-10-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitizat         | Hyundai Auto Lease Securitization Trust 2023-C                        | CUSIP: 44935VAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    316682 | PA      | $316903.18    | 0.02%             | 2026-12-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| MERITAGE HOMES CORP                    | Meritage Homes Corp                                                   | CUSIP: 59001ABA9<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |   1990000 | PA      | $2004932.12   | 0.10%             | 2027-06-06      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2023-HQA3                               | CUSIP: 35564K3G2<br>LEI: 529900ZTXRUUVE8G8W08 | Long             | ABS-MBS          | CORP              | US        |    542692 | PA      | $545171.59    | 0.03%             | 2043-11-25      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2025-R06                          | CUSIP: 20754YAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4944693 | PA      | $4949114.92   | 0.24%             | 2045-09-25      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| EQUITABLE AMERICA GLOBAL               | Equitable America Global Funding                                      | CUSIP: 29446Q2C6<br>LEI: 98450066CCBIACF06694 | Long             | DBT              | CORP              | US        |   2180000 | PA      | $2177578.02   | 0.11%             | 2027-09-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2023-R06                          | CUSIP: 20754EAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2769751 | PA      | $2781525.06   | 0.14%             | 2043-07-25      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| ARI Fleet Lease Trust                  | ARI Fleet Lease Trust 2024-A                                          | CUSIP: 00218KAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3113996 | PA      | $3132125.05   | 0.15%             | 2032-11-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITAL HOLDIN               | Jefferson Capital Holdings LLC                                        | CUSIP: 472481AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1998024.22   | 0.10%             | 2026-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Diamond Infrastructure Funding         | Diamond Infrastructure Funding LLC                                    | CUSIP: 25265LAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4300000 | PA      | $4188553.89   | 0.20%             | 2049-04-15      | Fixed         | 1.76%                 | No            |                  2 | On Loan: No      |
| DLLMT LLC                              | DLLMT 2026-1 LLC                                                      | CUSIP: 23347JAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5008730.50   | 0.24%             | 2028-07-20      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2021-DNA5                               | CUSIP: 35564KHE2<br>LEI: 5493000ISU5NYXNHD479 | Long             | ABS-MBS          | CORP              | US        |   1204420 | PA      | $1209066.26   | 0.06%             | 2034-01-25      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner T         | Honda Auto Receivables 2025-2 Owner Trust                             | CUSIP: 437921AB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4361974 | PA      | $4371284.90   | 0.21%             | 2028-01-18      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Exeter Select Automobile Recei         | Exeter Select Automobile Receivables Trust 2025-1                     | CUSIP: 30185AAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2447887 | PA      | $2454950.37   | 0.12%             | 2028-10-16      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management            | RCKT Mortgage Trust 2025-CES8                                         | CUSIP: 74939WAA8<br>LEI: 254900FCN7EI8DTYGA19 | Long             | ABS-MBS          | CORP              | US        |   4609960 | PA      | $4647537.63   | 0.23%             | 2055-08-25      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| BXMT Ltd                               | BXMT 2020-FL2 LTD                                                     | CUSIP: 12434LAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    328602 | PA      | $329316.12    | 0.02%             | 2038-02-15      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| BSPRT Issuer, Ltd.                     | BSPRT 2023-FL10 Issuer Ltd                                            | CUSIP: 05610VAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4622387 | PA      | $4624842.40   | 0.23%             | 2035-09-15      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust           | Ford Credit Auto Owner Trust 2023-A                                   | CUSIP: 344928AD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1721770 | PA      | $1726537.49   | 0.08%             | 2028-02-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                       | COLT 2024-6 Mortgage Loan Trust                                       | CUSIP: 19688XAA4<br>LEI: 213800U2X2TO1PQH1O75 | Long             | ABS-MBS          | CORP              | US        |   4797467 | PA      | $4838347.51   | 0.24%             | 2069-11-25      | Variable      | 5.39%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust               | JP Morgan Mortgage Trust Series 2024-NQM1                             | CUSIP: 465983AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3431761 | PA      | $3470254.71   | 0.17%             | 2064-02-25      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                 | PNC Financial Services Group Inc/The                                  | CUSIP: 693475BT1<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   4855000 | PA      | $4945171.92   | 0.24%             | 2027-10-20      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitiz         | SFS Auto Receivables Securitization Trust 2025-3                      | CUSIP: 78398KAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2503664.50   | 0.12%             | 2029-03-20      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                  | Athene Global Funding                                                 | CUSIP: 04685A4E8<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   8360000 | PA      | $8430601.54   | 0.41%             | 2027-01-07      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2022-DNA2                               | CUSIP: 35564KRE1<br>LEI: 5493000ISA3AUOXQEF68 | Long             | ABS-MBS          | CORP              | US        |   1098136 | PA      | $1099578.95   | 0.05%             | 2042-02-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| MMAF Equipment Finance LLC             | Barings Equipment Finance LLC 2025-B                                  | CUSIP: 06764YAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3600000 | PA      | $3607788.24   | 0.18%             | 2029-02-13      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| EQT CORP                               | EQT Corp                                                              | CUSIP: 26884LAM1<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   7301000 | PA      | $7278302.87   | 0.35%             | 2026-05-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust             | GLS Auto Receivables Issuer Trust 2025-1                              | CUSIP: 36271KAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4900000 | PA      | $4917825.22   | 0.24%             | 2028-09-15      | Fixed         | 4.77%                 | No            |                  2 | On Loan: No      |
| Arbor Realty Collateralized Lo         | Arbor Realty Commercial Real Estate Notes 2022-FL1 Ltd                | CUSIP: 03880XAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1348057 | PA      | $1350745.41   | 0.07%             | 2037-01-15      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| LINCOLN FIN GLBL FUNDING               | Lincoln Financial Global Funding                                      | CUSIP: 53359KAD3<br>LEI: 984500OC010458395923 | Long             | DBT              | CORP              | US        |   1325000 | PA      | $1324180.00   | 0.06%             | 2029-01-12      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| LoanCore 2018-CRE1 Issuer, Ltd         | LoanCore 2025-CRE9 Issuer LLC                                         | CUSIP: 538912AA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4550000 | PA      | $4558256.43   | 0.22%             | 2042-08-18      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| PFS Financing Corp.                    | PFS Financing Corp                                                    | CUSIP: 69335PFW0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2700000 | PA      | $2710454.13   | 0.13%             | 2029-04-15      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust         | Morgan Stanley Capital I Trust 2020-CNP                               | CUSIP: 61770YAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1782303.40   | 0.09%             | 2042-04-05      | Variable      | 2.43%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC               | Ford Motor Credit Co LLC                                              | CUSIP: 345397E74<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   3060000 | PA      | $3110904.54   | 0.15%             | 2027-05-17      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2021-R03                          | CUSIP: 20754AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    172469 | PA      | $172474.18    | 0.01%             | 2041-12-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| Stack Infrastructure Issuer LL         | Stack Infrastructure Issuer LLC                                       | CUSIP: 85236KAE2<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-O            | CORP              | US        |   1094000 | PA      | $1088608.00   | 0.05%             | 2046-03-26      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| TPG Real Estate Finance                | TRTX 2025-FL6 Issuer Ltd                                              | CUSIP: 897764AA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5013941.50   | 0.24%             | 2042-09-18      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                    | JPMorgan Chase & Co                                                   | CUSIP: 46647PEM4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   5460000 | PA      | $5491868.93   | 0.27%             | 2028-07-22      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| General Motors                         | GMF Floorplan Owner Revolving Trust                                   | CUSIP: 361886DR2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4900000 | PA      | $4906762.49   | 0.24%             | 2029-11-15      | Floating      | 4.26%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2026-1                          | CUSIP: 96043BAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5200000 | PA      | $5209310.08   | 0.25%             | 2029-07-16      | Fixed         | 4.01%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                          | Carnival Corp                                                         | CUSIP: 143658CB6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   1530000 | PA      | $1548651.39   | 0.08%             | 2029-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| DLLST LLC                              | DLLST 2024-1 LLC                                                      | CUSIP: 23346HAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    811129 | PA      | $814732.28    | 0.04%             | 2027-08-20      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec         | American Credit Acceptance Receivables Trust 2026-1                   | CUSIP: 02531FAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4100000 | PA      | $4100612.54   | 0.20%             | 2029-07-12      | Fixed         | 4.16%                 | No            |                  2 | On Loan: No      |
| MOSAIC CO                              | Mosaic Co/The                                                         | CUSIP: 61945CAJ2<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | DBT              | CORP              | US        |   2095000 | PA      | $2102064.05   | 0.10%             | 2029-01-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                       | Ryder System Inc                                                      | CUSIP: 78355HLA5<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |   3640000 | PA      | $3690134.48   | 0.18%             | 2027-03-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Drive Auto Receivables Trust           | Drive Auto Receivables Trust 2021-3                                   | CUSIP: 262081AF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2382289 | PA      | $2361547.89   | 0.11%             | 2029-06-15      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP               | National Rural Utilities Cooperative Finance Corp                     | CUSIP: 63743HFU1<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   9900000 | PA      | $9966432.27   | 0.49%             | 2027-09-16      | Floating      | 4.51%                 | No            |                  2 | On Loan: —       |
| COLT Funding LLC                       | COLT 2025-8 Mortgage Loan Trust                                       | CUSIP: 19689DAA7<br>LEI: 2138009IZ4NQZAKAEN75 | Long             | ABS-MBS          | CORP              | US        |   4755752 | PA      | $4815007.35   | 0.23%             | 2070-08-25      | Variable      | 5.48%                 | No            |                  2 | On Loan: No      |
| Greystone Commercial Real Esta         | Greystone CRE Notes 2024-HC3                                          | CUSIP: 39808MAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5005123.00   | 0.24%             | 2041-03-15      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| BMW Vehicle Lease Trust                | BMW Vehicle Lease Trust 2025-1                                        | CUSIP: 096912AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1295476 | PA      | $1299704.97   | 0.06%             | 2027-09-27      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2022-DNA6                               | CUSIP: 35564KH36<br>LEI: 5493000IS30HKV5IAS29 | Long             | ABS-MBS          | CORP              | US        |   2106981 | PA      | $2116192.21   | 0.10%             | 2042-09-25      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                     | Expand Energy Corp                                                    | CUSIP: 845467AS8<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |   4900000 | PA      | $4988333.33   | 0.24%             | 2030-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                              | ONEOK Inc                                                             | CUSIP: 682680BH5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   3125000 | PA      | $3157902.34   | 0.15%             | 2026-11-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                        | Danske Bank A/S                                                       | CUSIP: 23636ABG5<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |   3965000 | PA      | $4023151.56   | 0.20%             | 2028-03-01      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA               | AerCap Ireland Capital DAC / AerCap Global Aviation Trust             | CUSIP: 00774MBN4<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   7430000 | PA      | $7551620.70   | 0.37%             | 2028-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitizat         | Hyundai Auto Lease Securitization Trust 2025-C                        | CUSIP: 44935GAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4236245 | PA      | $4251489.93   | 0.21%             | 2028-01-18      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust         | Hyundai Auto Receivables Trust 2025-B                                 | CUSIP: 44935XAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4840232 | PA      | $4854789.18   | 0.24%             | 2028-08-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2025-1                          | CUSIP: 96043VAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2509269 | PA      | $2513630.44   | 0.12%             | 2028-01-18      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| Tesla Lease Electric Vehicle S         | Tesla Lease Electric Vehicle Securitization 2025-A LLC                | CUSIP: 88162VAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3068720 | PA      | $3076938.59   | 0.15%             | 2028-06-20      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| VTR Commercial Mortgage Trust          | VTR Commercial Mortgage Trust 2025-STEM                               | CUSIP: 92890YAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5300000 | PA      | $5313136.05   | 0.26%             | 2039-10-13      | Variable      | 5.20%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP               | Sumitomo Mitsui Financial Group Inc                                   | CUSIP: 86562MEJ5<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |   2265000 | PA      | $2265939.30   | 0.11%             | 2029-01-15      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management            | RCKT Mortgage Trust 2025-CES3                                         | CUSIP: 749420AA3<br>LEI: 254900HS4CN69R7ARQ97 | Long             | ABS-MBS          | CORP              | US        |   3193712 | PA      | $3233764.03   | 0.16%             | 2055-03-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                      | Brown & Brown Inc                                                     | CUSIP: 115236AH4<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |   2365000 | PA      | $2379387.15   | 0.12%             | 2026-12-23      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                   | Royal Bank of Canada                                                  | CUSIP: 78017DAL2<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  10065000 | PA      | $10099856.10  | 0.49%             | 2029-08-06      | Floating      | 4.70%                 | No            |                  2 | On Loan: —       |
| SIRIUS XM RADIO LLC                    | Sirius XM Radio LLC                                                   | CUSIP: 82967NBL1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   3060000 | PA      | $3043169.69   | 0.15%             | 2026-09-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                   | Mercedes-Benz Finance North America LLC                               | CUSIP: 58769JAV9<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |   7285000 | PA      | $7299794.82   | 0.36%             | 2026-07-31      | Floating      | 4.29%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                 | Match Group Holdings II LLC                                           | CUSIP: 57665RAG1<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |   3025000 | PA      | $3034189.35   | 0.15%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivabl         | Santander Drive Auto Receivables Trust 2025-4                         | CUSIP: 802923AB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4300000 | PA      | $4309396.36   | 0.21%             | 2029-01-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                   | FS Rialto 2021-FL3                                                    | CUSIP: 30323CAC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3493261.45   | 0.17%             | 2036-11-16      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                       | GGAM Finance Ltd                                                      | CUSIP: 36170JAC0<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |   2000000 | PA      | $2035360.00   | 0.10%             | 2027-02-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables          | Exeter Automobile Receivables Trust 2024-4                            | CUSIP: 30166UAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    816667 | PA      | $817168.33    | 0.04%             | 2030-08-15      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec         | American Credit Acceptance Receivables Trust 2025-2                   | CUSIP: 024938AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1580701 | PA      | $1583527.80   | 0.08%             | 2028-09-12      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Palmer Square Loan Funding Ltd         | Palmer Square Loan Funding 2025-1 Ltd                                 | CUSIP: 69704CAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    865395 | PA      | $863704.42    | 0.04%             | 2033-02-15      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked N         | Ally Bank Auto Credit-Linked Notes Series 2024-A                      | CUSIP: 02007GZ48<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1405194 | PA      | $1430059.73   | 0.07%             | 2032-05-17      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                 | Canadian Imperial Bank of Commerce                                    | CUSIP: 13607QWB4<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   4240000 | PA      | $4251521.86   | 0.21%             | 2030-01-29      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec         | American Credit Acceptance Receivables Trust 2025-3                   | CUSIP: 02528EAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1158559 | PA      | $1161686.41   | 0.06%             | 2029-01-12      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                                           | CUSIP: 912797SX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  50000000 | PA      | $49399319.50  | 2.40%             | 2026-06-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                            | Oracle Corp                                                           | CUSIP: 68389XBU8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2852364.57   | 0.14%             | 2027-04-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitiz         | SFS Auto Receivables Securitization Trust 2025-2                      | CUSIP: 78398HAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1288758 | PA      | $1291650.94   | 0.06%             | 2028-11-20      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust             | Verus Securitization Trust 2025-11                                    | CUSIP: 924935AC3<br>LEI: 213800H1O4C5SRNN4B66 | Long             | ABS-MBS          | CORP              | US        |   5244346 | PA      | $5265985.74   | 0.26%             | 2070-11-25      | Variable      | 4.91%                 | No            |                  2 | On Loan: No      |
| BHMS Mortgage Trust                    | BHMS Commercial Mortgage Trust 2025-ATLS                              | CUSIP: 088928AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2900000 | PA      | $2923377.48   | 0.14%             | 2042-08-15      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2024-NQM15 Trust                                                  | CUSIP: 67449DAA7<br>LEI: 254900YXEB756F6RCA13 | Long             | ABS-MBS          | CORP              | US        |   1716218 | PA      | $1730325.68   | 0.08%             | 2064-10-25      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP               | Host Hotels & Resorts LP                                              | CUSIP: 44107TBE5<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |   1340000 | PA      | $1343199.88   | 0.07%             | 2028-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ALUMINA PTY LTD                        | Alumina Pty Ltd                                                       | CUSIP: 02220AAA5<br>LEI: 2138002VD9MW2WT8HR38 | Long             | DBT              | CORP              | AU        |   3150000 | PA      | $3252025.35   | 0.16%             | 2030-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ARES STRATEGIC INCOME FU               | Ares Strategic Income Fund                                            | CUSIP: 04020EAL1<br>LEI: 549300IANZJVZPTICV54 | Long             | DBT              | CORP              | US        |   8660000 | PA      | $8732501.43   | 0.43%             | 2028-09-09      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                     | Banco Santander SA                                                    | CUSIP: 05964HBE4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |  10000000 | PA      | $10060185.30  | 0.49%             | 2028-07-15      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Exeter Select Automobile Recei         | Exeter Select Automobile Receivables Trust 2025-2                     | CUSIP: 30185EAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1847478 | PA      | $1853906.63   | 0.09%             | 2029-06-15      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust           | Dell Equipment Finance Trust 2025-2                                   | CUSIP: 24703VAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5300000 | PA      | $5315787.11   | 0.26%             | 2028-02-22      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Apidos CLO                             | Apidos CLO XXXII                                                      | CUSIP: 03768RAQ9<br>LEI: 549300CXPXW83QGWOL98 | Long             | ABS-CBDO         | CORP              | KY        |   3572668 | PA      | $3577841.41   | 0.17%             | 2033-01-20      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust             | GLS Auto Receivables Issuer Trust 2025-1                              | CUSIP: 36271KAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1586080 | PA      | $1587617.35   | 0.08%             | 2027-12-15      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2022-DNA4                               | CUSIP: 35564KWT2<br>LEI: 5493000IS4CDPWRMWB65 | Long             | ABS-MBS          | CORP              | US        |  10670000 | PA      | $10992308.69  | 0.54%             | 2042-05-25      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| Ford Auto Securitization Trust         | Ford Auto Securitization Trust II Series 2025-B Asset-Backed Notes    | CUSIP: 345214CS7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | CA        |   6076719 | PA      | $4463832.62   | 0.22%             | 2027-12-15      | Fixed         | 2.71%                 | No            |                  2 | On Loan: No      |
| BrightSpire Capital, Inc               | BRSP 2024-FL2 Ltd                                                     | CUSIP: 05613BAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4700000 | PA      | $4708371.64   | 0.23%             | 2037-08-19      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2025-P1                         | CUSIP: 96043LAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1087686 | PA      | $1090960.24   | 0.05%             | 2028-02-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC               | Constellation Energy Generation LLC                                   | CUSIP: 210385AP5<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |   4215000 | PA      | $4211509.85   | 0.21%             | 2028-01-08      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2025-R04                          | CUSIP: 20755TAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2104703 | PA      | $2107682.02   | 0.10%             | 2045-05-25      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA               | Volkswagen Group of America Finance LLC                               | CUSIP: 928668CE0<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   8690000 | PA      | $8705676.06   | 0.42%             | 2026-03-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust         | Carvana Auto Receivables Trust 2025-P2                                | CUSIP: 14688YAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1138319 | PA      | $1140395.08   | 0.06%             | 2028-08-10      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                   | Glencore Funding LLC                                                  | CUSIP: 378272BR8<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   3550000 | PA      | $3606513.27   | 0.18%             | 2027-04-04      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                | CarMax Auto Owner Trust 2026-1                                        | CUSIP: 14320XAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3800000 | PA      | $3811749.60   | 0.19%             | 2029-04-16      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION         | USD/CAD FORWARD                                                       | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-138134.04   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| HPEFS Equipment Trust                  | HPEFS Equipment Trust 2025-1                                          | CUSIP: 40446EAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1200000 | PA      | $1204537.68   | 0.06%             | 2032-09-20      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                  | Continental Resources Inc/OK                                          | CUSIP: 212015AU5<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |   3469000 | PA      | $3417286.44   | 0.17%             | 2026-11-15      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON NATIONAL BANK               | Huntington National Bank/The                                          | CUSIP: 44644MAK7<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |   4670000 | PA      | $4711362.66   | 0.23%             | 2028-04-12      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd               | Madison Park Funding XLIX Ltd                                         | CUSIP: 55820VAL7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3750000 | PA      | $3745938.75   | 0.18%             | 2034-10-19      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                     | Macquarie Bank Ltd                                                    | CUSIP: 55608PBU7<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |   3620000 | PA      | $3646855.77   | 0.18%             | 2027-07-02      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORPORATION                   | M&T Bank Corp                                                         | CUSIP: 55261FAU8<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |   3065000 | PA      | $3114991.65   | 0.15%             | 2029-01-16      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2023-R05                          | CUSIP: 207942AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2731706 | PA      | $2755363.92   | 0.13%             | 2043-06-25      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                   | Bank of America Corp                                                  | CUSIP: 06051GMK2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   9480000 | PA      | $9657163.57   | 0.47%             | 2029-01-24      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| Toyota Lease Owner Trust               | Toyota Lease Owner Trust 2025-A                                       | CUSIP: 89239NAB1<br>LEI: 254900299R9KF5UH9O95 | Long             | ABS-O            | CORP              | US        |   1761613 | PA      | $1765044.26   | 0.09%             | 2027-07-20      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| Tesla Auto Lease Trust                 | Tesla Auto Lease Trust 2024-B                                         | CUSIP: 881934AB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    195329 | PA      | $195416.11    | 0.01%             | 2027-01-20      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2024-NQM14 Trust                                                  | CUSIP: 67119XAC8<br>LEI: 254900C7ZCEHM7Y5MX79 | Long             | ABS-MBS          | CORP              | US        |   3099106 | PA      | $3111432.26   | 0.15%             | 2064-09-25      | Variable      | 4.94%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ AUTO RECEIVABLES         | Mercedes-Benz Auto Receivables Trust 2023-1                           | CUSIP: 58770AAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    526926 | PA      | $528043.89    | 0.03%             | 2027-11-15      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                    | COMM 2025-SBX Mortgage Trust                                          | CUSIP: 20047UAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5200000 | PA      | $5230475.12   | 0.25%             | 2041-08-10      | Variable      | 5.26%                 | No            |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Secur         | Bridgecrest Lending Auto Securitization Trust 2024-4                  | CUSIP: 10806EAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3904894 | PA      | $3911891.17   | 0.19%             | 2028-09-15      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust         | Carvana Auto Receivables Trust 2024-P4                                | CUSIP: 14076LAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    663049 | PA      | $663371.44    | 0.03%             | 2028-02-10      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables          | Exeter Automobile Receivables Trust 2025-5                            | CUSIP: 30166VAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2008669.00   | 0.10%             | 2029-11-15      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                           | Synopsys Inc                                                          | CUSIP: 871607AA5<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |   4480000 | PA      | $4512828.59   | 0.22%             | 2027-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2023-R01                          | CUSIP: 207932AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1721639 | PA      | $1756232.54   | 0.09%             | 2042-12-25      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| US BANK NA CINCINNATI                  | US Bank NA/Cincinnati OH                                              | CUSIP: 90331HPS6<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |   5280000 | PA      | $5331735.82   | 0.26%             | 2028-05-15      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| Verde CLO Ltd                          | VERDE CLO Ltd                                                         | CUSIP: 92338BAW5<br>LEI: 254900DT3DF8KM5RRZ79 | Long             | ABS-CBDO         | CORP              | KY        |   2026446 | PA      | $2027086.07   | 0.10%             | 2032-04-15      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| AutoNation Finance Trust 2025-         | AutoNation Finance Trust 2026-1                                       | CUSIP: 05330WAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4950000 | PA      | $4955314.32   | 0.24%             | 2029-01-11      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner T         | Honda Auto Receivables 2025-3 Owner Trust                             | CUSIP: 43813QAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4600000 | PA      | $4610348.62   | 0.22%             | 2028-03-21      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| ACREC LLC                              | Acrec 2025 Fl 3 LLC                                                   | CUSIP: 00112HAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2750000 | PA      | $2748254.03   | 0.13%             | 2042-08-18      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                 | General Motors Financial Co Inc                                       | CUSIP: 37045XFF8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   5075000 | PA      | $5092493.02   | 0.25%             | 2028-04-04      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2024-R06                          | CUSIP: 20755RAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2028918 | PA      | $2034890.23   | 0.10%             | 2044-09-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust             | Verus Securitization Trust 2025-1                                     | CUSIP: 92540TAA8<br>LEI: 213800JOKZMXZECMAB50 | Long             | ABS-MBS          | CORP              | US        |   4080732 | PA      | $4130469.18   | 0.20%             | 2070-01-25      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| GM Financial Automobile Leasin         | GM Financial Automobile Leasing Trust 2024-3                          | CUSIP: 38012QAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    957985 | PA      | $958314.41    | 0.05%             | 2027-01-20      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                | Carmax Auto Owner Trust 2022-4                                        | CUSIP: 14318UAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    651351 | PA      | $652928.09    | 0.03%             | 2027-08-16      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                    | American Express Co                                                   | CUSIP: 025816EE5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   5320000 | PA      | $5389223.84   | 0.26%             | 2029-04-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| JABIL INC                              | Jabil Inc                                                             | CUSIP: 46656PAC8<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |   2610000 | PA      | $2609397.17   | 0.13%             | 2029-02-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Starwood Commercial Mortgage T         | STWD 2021-FL2 Ltd                                                     | CUSIP: 78486BAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1713662 | PA      | $1707868.40   | 0.08%             | 2038-04-18      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                 | Chase Auto Owner Trust 2025-1                                         | CUSIP: 16145NAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2937339 | PA      | $2945862.04   | 0.14%             | 2028-07-25      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Toyota Lease Owner Trust               | Toyota Lease Owner Trust 2025-B                                       | CUSIP: 89240NAB8<br>LEI: 25490023VYI9VGKU0357 | Long             | ABS-O            | CORP              | US        |   2200000 | PA      | $2203985.08   | 0.11%             | 2028-05-22      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                            | Citibank NA                                                           | CUSIP: 17325FBL1<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   9755000 | PA      | $9824793.03   | 0.48%             | 2027-11-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec         | American Credit Acceptance Receivables Trust 2025-4                   | CUSIP: 024948AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3543394 | PA      | $3549912.17   | 0.17%             | 2029-05-14      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                 | Daimler Truck Finance North America LLC                               | CUSIP: 233853BK5<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   1870000 | PA      | $1870163.01   | 0.09%             | 2029-01-12      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond                                      | CUSIP: 91282CPT2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  21855000 | PA      | $21792679.16  | 1.06%             | 2029-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                | Hyundai Capital America                                               | CUSIP: 44891ADU8<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   3685000 | PA      | $3725627.42   | 0.18%             | 2027-06-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC         | Enterprise Fleet Financing 2024-3 LLC                                 | CUSIP: 29375QAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1542071 | PA      | $1547373.73   | 0.08%             | 2027-04-20      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                | BDS 2021-FL10 Ltd                                                     | CUSIP: 07335YAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    563984 | PA      | $564750.54    | 0.03%             | 2036-12-16      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| ARI Fleet Lease Trust                  | ARI Fleet Lease Trust 2025-A                                          | CUSIP: 04033CAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4064803 | PA      | $4079212.44   | 0.20%             | 2034-01-17      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Auto Lease Trust         | Mercedes-Benz Auto Lease Trust 2024-B                                 | CUSIP: 58769GAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    104547 | PA      | $104556.26    | 0.01%             | 2026-12-15      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| PFP III                                | PFP 2024-11 Ltd                                                       | CUSIP: 69291WAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1972899 | PA      | $1977588.35   | 0.10%             | 2039-09-17      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Hotwire Funding LLC                    | Hotwire Funding LLC                                                   | CUSIP: 44148JAA7<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |   4575000 | PA      | $4496560.71   | 0.22%             | 2051-11-20      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                                           | CUSIP: 912797TH0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  65000000 | PA      | $64542537.80  | 3.14%             | 2026-04-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LEND                | Blackstone Secured Lending Fund                                       | CUSIP: 09261XAH5<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |   2660000 | PA      | $2713975.74   | 0.13%             | 2027-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust             | Verus Securitization Trust 2024-R1                                    | CUSIP: 924926AA6<br>LEI: 213800A8V9BALJ9WKP38 | Long             | ABS-MBS          | CORP              | US        |   1567570 | PA      | $1574152.41   | 0.08%             | 2069-09-25      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| LCM Ltd Partnership                    | LCM 31 Ltd                                                            | CUSIP: 50201QAL8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1700000 | PA      | $1701864.90   | 0.08%             | 2034-07-20      | Floating      | 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        |    316885 | PA      | $316525.96    | 0.02%             | 2028-04-17      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| GM Financial Automobile Leasin         | GM Financial Automobile Leasing Trust 2024-3                          | CUSIP: 38012QAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    498152 | PA      | $498255.65    | 0.02%             | 2027-01-20      | Floating      | 4.17%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                | Jefferies Financial Group Inc                                         | CUSIP: 47233WKM0<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |   9615000 | PA      | $9615115.09   | 0.47%             | 2026-08-11      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2023-R04                          | CUSIP: 20754QAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2429270 | PA      | $2483009.84   | 0.12%             | 2043-05-25      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| DLLAD LLC                              | DLLAD 2025-1 LLC                                                      | CUSIP: 23347BAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2100000 | PA      | $2112701.22   | 0.10%             | 2028-11-20      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LT         | Golub Capital Partners CLO 53B Ltd                                    | CUSIP: 38177YAL6<br>LEI: 254900DPK2EA9C8DGV68 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2999949.00   | 0.15%             | 2034-07-20      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| MCR Mortgage Trust                     | MCR 2024-HTL Mortgage Trust                                           | CUSIP: 55286PAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2497646 | PA      | $2501477.14   | 0.12%             | 2037-02-15      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                 | General Motors Financial Co Inc                                       | CUSIP: 37045XEW2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   6950000 | PA      | $6966301.36   | 0.34%             | 2027-07-15      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2022-HQA3                               | CUSIP: 35564KE39<br>LEI: 5493000IRJ8RDHSNEL96 | Long             | ABS-MBS          | CORP              | US        |   4985625 | PA      | $5069868.94   | 0.25%             | 2042-08-25      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE               | Intercontinental Exchange Inc                                         | CUSIP: 45865VAA8<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |   3150000 | PA      | $3152471.18   | 0.15%             | 2028-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ARI Fleet Lease Trust                  | ARI Fleet Lease Trust 2026-A                                          | CUSIP: 04033DAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4700000 | PA      | $4705927.17   | 0.23%             | 2034-11-15      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC         | Enterprise Fleet Financing 2024-1 LLC                                 | CUSIP: 29375PAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4435777 | PA      | $4468326.78   | 0.22%             | 2030-03-20      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| CCG Receivables Trust                  | CCG Receivables Trust 2025-2                                          | CUSIP: 12516XAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2100000 | PA      | $2105717.04   | 0.10%             | 2034-08-15      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                | Carmax Auto Owner Trust 2025-2                                        | CUSIP: 14320AAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2913273 | PA      | $2922654.55   | 0.14%             | 2028-07-17      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| Wheels Fleet Lease Funding LLC         | Wheels Fleet Lease Funding 1 LLC                                      | CUSIP: 96328GCE5<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-O            | CORP              | US        |   4953436 | PA      | $5001492.49   | 0.24%             | 2040-01-18      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS PRIVATE CR               | Goldman Sachs Private Credit Corp                                     | CUSIP: 38152BAE1<br>LEI: 549300TD27G6372IYJ65 | Long             | DBT              | CORP              | US        |   4475000 | PA      | $4482152.53   | 0.22%             | 2029-01-31      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BANK USA                 | Goldman Sachs Bank USA/New York NY                                    | CUSIP: 38151LAF7<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |   8620000 | PA      | $8633317.12   | 0.42%             | 2027-03-18      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                           | Voya CLO 2015-3 Ltd                                                   | CUSIP: 92913UBJ4<br>LEI: 254900MS3D9HONB0N824 | Long             | ABS-CBDO         | CORP              | KY        |   1221962 | PA      | $1222009.60   | 0.06%             | 2031-10-20      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management            | RCKT Mortgage Trust 2024-CES2                                         | CUSIP: 74938PAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2557799 | PA      | $2589459.84   | 0.13%             | 2044-04-25      | Variable      | 6.14%                 | No            |                  2 | On Loan: No      |
| Porsche Innovative Lease Owner         | Porsche Innovative Lease Owner Trust 2024-2                           | CUSIP: 73328NAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    130492 | PA      | $130508.73    | 0.01%             | 2026-12-21      | Floating      | 4.14%                 | No            |                  2 | On Loan: No      |
| GMF Canada Leasing Trust               | GMF Canada Leasing Trust                                              | CUSIP: 36252MDR8<br>LEI: 549300KHZQ7YBTEOJU80 | Long             | ABS-O            | CORP              | CA        |    855927 | PA      | $628865.67    | 0.03%             | 2026-10-20      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| AmeriCredit Automobile Receiva         | Americredit Automobile Receivables Trust 2023-1                       | CUSIP: 03067BAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    496932 | PA      | $498318.14    | 0.02%             | 2027-11-18      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC         | Enterprise Fleet Financing 2025-4 LLC                                 | CUSIP: 29373NAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3200000 | PA      | $3207383.36   | 0.16%             | 2028-08-20      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| MMAF Equipment Finance LLC             | Barings Equipment Finance LLC 2026-A                                  | CUSIP: 06764QAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2509627.50   | 0.12%             | 2029-04-13      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                    | JPMorgan Chase & Co                                                   | CUSIP: 46647PEE2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4865000 | PA      | $4957616.95   | 0.24%             | 2028-04-22      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitizat         | Hyundai Auto Lease Securitization Trust 2024-A                        | CUSIP: 448988AD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2467602 | PA      | $2471775.88   | 0.12%             | 2027-03-15      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                          | Carnival Corp                                                         | CUSIP: 143658BY7<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   1750000 | PA      | $1802892.00   | 0.09%             | 2030-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                | BDS 2021-FL10 Ltd                                                     | CUSIP: 07335YAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5280000 | PA      | $5296684.27   | 0.26%             | 2036-12-16      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2025-DNA4                               | CUSIP: 35564UBQ9<br>LEI: 529900ZVQVVVNGMGDO97 | Long             | ABS-MBS          | CORP              | US        |   4437500 | PA      | $4441420.98   | 0.22%             | 2045-10-25      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management            | RCKT Mortgage Trust 2025-CES9                                         | CUSIP: 74942JAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5023517 | PA      | $5031020.14   | 0.24%             | 2055-09-25      | Variable      | 4.79%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2024-R02                          | CUSIP: 20754GAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1021662 | PA      | $1023093.49   | 0.05%             | 2044-02-25      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| NYC Commercial Mortgage Trust          | NYC Commercial Mortgage Trust 2025-28L                                | CUSIP: 67123JAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5200000 | PA      | $5228726.88   | 0.25%             | 2038-11-05      | Variable      | 4.67%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                              | ONEOK Inc                                                             | CUSIP: 682680CB7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   5055000 | PA      | $5074800.33   | 0.25%             | 2027-09-24      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Auto Lease Trust         | Mercedes-Benz Auto Lease Trust 2026-A                                 | CUSIP: 58770YAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5850000 | PA      | $5855510.70   | 0.29%             | 2028-07-17      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE                 | Alliant Energy Finance LLC                                            | CUSIP: 01882YAF3<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |   2485000 | PA      | $2519905.35   | 0.12%             | 2027-06-06      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| KREF 2021-FL2 Ltd                      | KREF 2021-FL2 Ltd                                                     | CUSIP: 48275RAA5<br>LEI: 54930083ELM2GCMVTQ91 | Long             | ABS-CBDO         | CORP              | KY        |   1862630 | PA      | $1864446.10   | 0.09%             | 2039-02-15      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| BX Trust                               | BX Trust 2025-LUNR                                                    | CUSIP: 05594CAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4357602 | PA      | $4370598.33   | 0.21%             | 2040-06-15      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM TRU         | SoFi Consumer Loan Program 2025-3 Trust                               | CUSIP: 83390JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2701304 | PA      | $2709837.06   | 0.13%             | 2034-08-15      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac Stacr Remic Trust 2025-Dna3                               | CUSIP: 35564UAQ0<br>LEI: 5299009HC4IGFM6RXF30 | Long             | ABS-MBS          | CORP              | US        |   3485000 | PA      | $3491203.65   | 0.17%             | 2045-09-25      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                 | Santander Holdings USA Inc                                            | CUSIP: 80282KBK1<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |   1545000 | PA      | $1554110.85   | 0.08%             | 2027-05-31      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CCG Receivables Trust                  | CCG Receivables Trust 2024-1                                          | CUSIP: 12515PAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1492281 | PA      | $1505939.50   | 0.07%             | 2032-03-15      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                 | Chase Auto Owner Trust 2024-4                                         | CUSIP: 16144YAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     22438 | PA      | $22459.19     | 0.00%             | 2027-09-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust         | Carvana Auto Receivables Trust 2022-P3                                | CUSIP: 14686MAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    175846 | PA      | $176002.15    | 0.01%             | 2027-11-10      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| AON NORTH AMERICA INC                  | Aon North America Inc                                                 | CUSIP: 03740MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4820000 | PA      | $4879533.07   | 0.24%             | 2027-03-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                          | Owens Corning                                                         | CUSIP: 690742AN1<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |   2360000 | PA      | $2406394.79   | 0.12%             | 2027-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2024-NQM12 Trust                                                  | CUSIP: 67448PAA1<br>LEI: 254900MY906NOBBPOA44 | Long             | ABS-MBS          | CORP              | US        |   3212463 | PA      | $3242160.74   | 0.16%             | 2064-07-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BANK USA                 | Goldman Sachs Bank USA/New York NY                                    | CUSIP: 38151LAH3<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |   6950000 | PA      | $6958650.39   | 0.34%             | 2027-05-21      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| HIH Trust                              | HIH Trust 2024-61P                                                    | CUSIP: 40444VAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1951206 | PA      | $1958378.25   | 0.10%             | 2041-10-15      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust           | Ford Credit Auto Lease Trust 2025-B                                   | CUSIP: 34533MAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4945412 | PA      | $4958048.03   | 0.24%             | 2028-03-15      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                 | Banque Federative du Credit Mutuel SA                                 | CUSIP: 06675FBC0<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   4270000 | PA      | $4321235.39   | 0.21%             | 2027-01-23      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| REPSOL E&P CAP MARKETS                 | Repsol E&P Capital Markets US LLC                                     | CUSIP: 76026AAA5<br>LEI: 894500D0J12FRZ3Q0M15 | Long             | DBT              | CORP              | US        |   3015000 | PA      | $3050564.70   | 0.15%             | 2028-09-16      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2024-R05                          | CUSIP: 20754XAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7328971 | PA      | $7339816.32   | 0.36%             | 2044-07-25      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                 | Daimler Truck Finance North America LLC                               | CUSIP: 233853BG4<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   1020000 | PA      | $1025241.72   | 0.05%             | 2027-08-12      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC               | Vistra Operations Co LLC                                              | CUSIP: 92840VAX0<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   3700000 | PA      | $3702086.80   | 0.18%             | 2028-10-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| MANUF & TRADERS TRUST CO               | Manufacturers & Traders Trust Co                                      | CUSIP: 564760CC8<br>LEI: WWB2V0FCW3A0EE3ZJN75 | Long             | DBT              | CORP              | US        |   2645000 | PA      | $2670357.54   | 0.13%             | 2028-07-06      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| GoldenTree Loan Management US          | Goldentree Loan Management US Clo 8 Ltd                               | CUSIP: 38136NAY2<br>LEI: 549300LOEERRNVSKVY31 | Long             | ABS-CBDO         | CORP              | KY        |   3200000 | PA      | $3204182.40   | 0.16%             | 2034-10-20      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                   | Bank of America Corp                                                  | CUSIP: 06051GMU0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   9980000 | PA      | $10074309.80  | 0.49%             | 2029-05-09      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| M&T Equipment Notes                    | M&T Equipment 2025-LEAF1 Notes                                        | CUSIP: 55340QAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4100000 | PA      | $4120642.27   | 0.20%             | 2027-12-16      | Fixed         | 4.70%                 | 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        |   2000000 | PA      | $1988585.40   | 0.10%             | 2042-02-15      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| ALLISON TRANSMISSION INC               | Allison Transmission Inc                                              | CUSIP: 019736AE7<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |   2970000 | PA      | $2971396.55   | 0.14%             | 2027-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                | Hyundai Capital America                                               | CUSIP: 44891ACW5<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   6285000 | PA      | $6343046.44   | 0.31%             | 2027-01-08      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                | Carmax Auto Owner Trust 2025-3                                        | CUSIP: 14290FAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2837766 | PA      | $2845433.46   | 0.14%             | 2028-08-15      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION         | CAD/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $15127.80     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                       | ABN AMRO Bank NV                                                      | CUSIP: 00084DBD1<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   4900000 | PA      | $4982831.41   | 0.24%             | 2028-12-03      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LEND                | Blackstone Secured Lending Fund                                       | CUSIP: 09261XAD4<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |   7485000 | PA      | $7309598.53   | 0.36%             | 2027-02-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: —       |
| Ford Credit Auto Lease Trust           | Ford Credit Auto Lease Trust 2024-B                                   | CUSIP: 345279AD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5024038.00   | 0.24%             | 2027-12-15      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOB FUNDING                | Corebridge Global Funding                                             | CUSIP: 00138CBD9<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   2090000 | PA      | $2125465.80   | 0.10%             | 2028-01-07      | Fixed         | 4.90%                 | No            |                  2 | On Loan: —       |
| ARI Fleet Lease Trust                  | ARI Fleet Lease Trust 2023-A                                          | CUSIP: 00218GAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     51192 | PA      | $51223.91     | 0.00%             | 2032-02-17      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| Stellantis Financial Underwrit         | Stellantis Financial Underwritten Enhanced Lease Trust 2025-A         | CUSIP: 858928AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2275771 | PA      | $2285296.28   | 0.11%             | 2027-07-20      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust           | Dell Equipment Finance Trust 2024-1                                   | CUSIP: 24702GAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3983199 | PA      | $4012083.04   | 0.20%             | 2030-03-22      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| Battalion CLO LTD                      | Battalion CLO X Ltd                                                   | CUSIP: 07132JBL7<br>LEI: 549300RRK5G3IT4Y7N27 | Long             | ABS-CBDO         | CORP              | KY        |   4990887 | PA      | $4994101.28   | 0.24%             | 2035-01-24      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management            | RCKT Mortgage Trust 2025-CES5                                         | CUSIP: 74942CAA7<br>LEI: 2549008EA2IHW9G2TZ48 | Long             | ABS-MBS          | CORP              | US        |   2856905 | PA      | $2900495.24   | 0.14%             | 2055-05-25      | Variable      | 5.69%                 | No            |                  2 | On Loan: No      |
| REGAL REXNORD CORP                     | Regal Rexnord Corp                                                    | CUSIP: 758750AL7<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |   3640000 | PA      | $3641034.31   | 0.18%             | 2026-02-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Kubota Credit Owner Trust              | Kubota Credit Owner Trust 2025-2                                      | CUSIP: 50117LAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2200000 | PA      | $2212116.72   | 0.11%             | 2028-04-17      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| AutoNation Finance Trust 2025-         | AutoNation Finance Trust 2025-1                                       | CUSIP: 05330QAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1298785 | PA      | $1301646.76   | 0.06%             | 2028-04-10      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                  | Wells Fargo & Co                                                      | CUSIP: 95000U3L5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   3815000 | PA      | $3892124.50   | 0.19%             | 2028-04-22      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| Drive Auto Receivables Trust           | Drive Auto Receivables Trust 2025-1                                   | CUSIP: 262102AC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2010026.40   | 0.10%             | 2032-09-15      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2022-DNA3                               | CUSIP: 35564KUX5<br>LEI: 5493000IS4M3TZMRB410 | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $5116438.00   | 0.25%             | 2042-04-25      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| KFC HLD/PIZZA HUT/TACO                 | KFC Holding Co/Pizza Hut Holdings LLC/Taco Bell of America LLC        | CUSIP: 48250NAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2004288.00   | 0.10%             | 2027-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust             | LAD Auto Receivables Trust 2025-2                                     | CUSIP: 505912AB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1894222 | PA      | $1896761.52   | 0.09%             | 2028-07-17      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2023-DNA2                               | CUSIP: 35564KT58<br>LEI: 5493000IRI80KQJUNK40 | Long             | ABS-MBS          | CORP              | US        |   3685483 | PA      | $3730968.77   | 0.18%             | 2043-04-25      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust           | GS Mortgage Securities Corp Trust 2023-SHIP                           | CUSIP: 36270GAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2700000 | PA      | $2701550.88   | 0.13%             | 2038-09-10      | Variable      | 4.94%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd                       | Symphony CLO XX Ltd                                                   | CUSIP: 87166VAW8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3024064 | PA      | $3028587.59   | 0.15%             | 2032-01-16      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                 | Morgan Stanley Bank NA                                                | CUSIP: 61690U8D5<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   3350000 | PA      | $3374230.05   | 0.16%             | 2028-07-14      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust             | GLS Auto Receivables Issuer Trust 2025-3                              | CUSIP: 37989YAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1600000 | PA      | $1607190.56   | 0.08%             | 2029-03-15      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Secur         | Bridgecrest Lending Auto Securitization Trust 2025-3                  | CUSIP: 107920AC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1400000 | PA      | $1406886.60   | 0.07%             | 2029-01-15      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| GREAT AMERICA LEASING RECEIVAB         | GreatAmerica Leasing Receivables Funding LLC Series 2022-1            | CUSIP: 39154TBW7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    768284 | PA      | $768898.01    | 0.04%             | 2026-09-15      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| DGWD Trust                             | DGWD Trust 2025-INFL                                                  | CUSIP: 23347FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5950000 | PA      | $5983491.36   | 0.29%             | 2035-08-15      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked N         | Ally Bank Auto Credit-Linked Notes Series 2025-A                      | CUSIP: 02007G5E9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3390780 | PA      | $3409425.23   | 0.17%             | 2033-06-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                           | CaixaBank SA                                                          | CUSIP: 12803RAK0<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |   6340000 | PA      | $6408161.66   | 0.31%             | 2029-07-03      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION               | Hess Midstream Operations LP                                          | CUSIP: 428102AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1255000 | PA      | $1299639.10   | 0.06%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust           | Ford Credit Auto Lease Trust 2024-B                                   | CUSIP: 345279AB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     34305 | PA      | $34323.75     | 0.00%             | 2027-02-15      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd                  | KKR CLO 18 Ltd                                                        | CUSIP: 48251JAS2<br>LEI: 54930088PYF0FHKY5C94 | Long             | ABS-CBDO         | CORP              | KY        |   3883841 | PA      | $3891309.43   | 0.19%             | 2035-10-18      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust               | JP Morgan Mortgage Trust Series 2025-NQM1                             | CUSIP: 46593QAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4007860 | PA      | $4055487.93   | 0.20%             | 2065-06-25      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                    | JPMorgan Chase & Co                                                   | CUSIP: 46647PEA0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4100000 | PA      | $4142235.78   | 0.20%             | 2028-01-23      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| HPS CORPORATE LENDING FU               | HPS Corporate Lending Fund                                            | CUSIP: 40440VAL9<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |   8330000 | PA      | $8376497.48   | 0.41%             | 2027-06-05      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                | Carmax Auto Owner Trust 2025-4                                        | CUSIP: 14320HAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1200000 | PA      | $1201752.72   | 0.06%             | 2029-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2023-R02                          | CUSIP: 20755AAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    681192 | PA      | $696095.94    | 0.03%             | 2043-01-25      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| PNC BANK NA                            | PNC Bank NA                                                           | CUSIP: 69353RFZ6<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |   2865000 | PA      | $2885278.67   | 0.14%             | 2028-07-21      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| XHR LP                                 | XHR LP                                                                | CUSIP: 98372MAE5<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              | CORP              | US        |    960000 | PA      | $992640.96    | 0.05%             | 2030-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                   | Cross 2024-H8 Mortgage Trust                                          | CUSIP: 22757GAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3920613 | PA      | $3963761.79   | 0.19%             | 2069-12-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| SBNA Auto Lease Trust                  | SBNA Auto Lease Trust 2023-A                                          | CUSIP: 78436TAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    385292 | PA      | $386357.19    | 0.02%             | 2027-04-20      | Fixed         | 6.51%                 | No            |                  2 | On Loan: No      |
| SBNA Auto Lease Trust                  | SBNA Auto Lease Trust 2025-A                                          | CUSIP: 78437KAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1124206 | PA      | $1125046.75   | 0.05%             | 2027-04-20      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| BRANDYWINE OPER PARTNERS               | Brandywine Operating Partnership LP                                   | CUSIP: 105340AT0<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              | CORP              | US        |   4150000 | PA      | $4024484.33   | 0.20%             | 2031-01-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: —       |
| Ford Credit Auto Lease Trust           | Ford Credit Auto Lease Trust 2025-A                                   | CUSIP: 345282AB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2433467 | PA      | $2438270.33   | 0.12%             | 2027-08-15      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| PNC BANK NA                            | PNC Bank NA                                                           | CUSIP: 69353RFY9<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |   7485000 | PA      | $7495422.41   | 0.36%             | 2027-05-13      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust             | Verus Securitization Trust 2025-3                                     | CUSIP: 924928AA2<br>LEI: 213800DYYV3EM7TSTN14 | Long             | ABS-MBS          | CORP              | US        |   2124423 | PA      | $2153379.86   | 0.10%             | 2070-05-25      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| HTL Commercial Mortgage Trust          | HTL Commercial Mortgage Trust 2024-T53                                | CUSIP: 404300AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5700000 | PA      | $5775458.31   | 0.28%             | 2039-05-10      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                 | Group 1 Automotive Inc                                                | CUSIP: 398905AQ2<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |   1065000 | PA      | $1095241.74   | 0.05%             | 2030-01-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2025-NQM1 Trust                                                   | CUSIP: 673914AC1<br>LEI: 2549007E8KF1RJ2ZV866 | Long             | ABS-MBS          | CORP              | US        |   2863712 | PA      | $2897401.54   | 0.14%             | 2064-12-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| BX Trust                               | BX Trust 2024-VLT4                                                    | CUSIP: 05612TAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1080000 | PA      | $1082561.33   | 0.05%             | 2041-06-15      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2022-HQA2                               | CUSIP: 35564KB24<br>LEI: 5493000IRLADKYZNON28 | Long             | ABS-MBS          | CORP              | US        |   2528202 | PA      | $2576985.95   | 0.13%             | 2042-07-25      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                     | Credit Agricole SA                                                    | CUSIP: 22534PAF0<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   7990000 | PA      | $8025102.95   | 0.39%             | 2026-07-05      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                     | Steel Dynamics Inc                                                    | CUSIP: 858119BU3<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |   5925000 | PA      | $5918581.86   | 0.29%             | 2028-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FUEL GAS CO                   | National Fuel Gas Co                                                  | CUSIP: 636180BS9<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |   9600000 | PA      | $9689859.07   | 0.47%             | 2026-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                                           | CUSIP: 912797TP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19665600.00  | 0.96%             | 2026-07-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MMAF Equipment Finance LLC             | MMAF Equipment Finance LLC 2024-A                                     | CUSIP: 55318CAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    867868 | PA      | $869885.46    | 0.04%             | 2027-09-13      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| AAR ESCROW ISSUER LLC                  | AAR Escrow Issuer LLC                                                 | CUSIP: 00253PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2735000 | PA      | $2832356.84   | 0.14%             | 2029-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                   | Verizon Master Trust                                                  | CUSIP: 92348KDY6<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   4100000 | PA      | $4134203.43   | 0.20%             | 2030-03-20      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec         | American Credit Acceptance Receivables Trust 2024-4                   | CUSIP: 024945AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    141501 | PA      | $141536.43    | 0.01%             | 2028-03-13      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM TRU         | SoFi Consumer Loan Program 2025-2 Trust                               | CUSIP: 83407HAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1377007 | PA      | $1384930.73   | 0.07%             | 2034-06-25      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| GM Financial Securitized Term          | GM Financial Consumer Automobile Receivables Trust 2024-4             | CUSIP: 38014AAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    576143 | PA      | $576689.57    | 0.03%             | 2027-10-18      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| Payden Floating Rate Fund              | Payden Floating Rate Fund                                             | CUSIP: 704329218<br>LEI: 5493007MAZSH4J3PH219 | Long             | EC               | RF                | US        |   2726002 | NS      | $26169621.46  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Nissan Auto Lease Trust                | Nissan Auto Lease Trust 2025-B                                        | CUSIP: 65481RAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4900000 | PA      | $4920754.44   | 0.24%             | 2028-03-15      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2025-NQM14 Trust                                                  | CUSIP: 673924AC0<br>LEI: 254900T4WKE0IYMYAI09 | Long             | ABS-MBS          | CORP              | US        |   2627714 | PA      | $2649785.85   | 0.13%             | 2065-07-25      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                           | UBS Group AG                                                          | CUSIP: 225401BK3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   4490000 | PA      | $4485610.62   | 0.22%             | 2029-12-23      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                 | Banque Federative du Credit Mutuel SA                                 | CUSIP: 06675DCG5<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   4510000 | PA      | $4533315.26   | 0.22%             | 2026-07-13      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2024-NQM18 Trust                                                  | CUSIP: 673913AA7<br>LEI: 254900NK9PNLY9I00149 | Long             | ABS-MBS          | CORP              | US        |   2965250 | PA      | $2993224.17   | 0.15%             | 2064-10-25      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                       | COLT 2025-10 Mortgage Loan Trust                                      | CUSIP: 12675XAA4<br>LEI: 213800STFGFKQEQSRE63 | Long             | ABS-MBS          | CORP              | US        |   2926536 | PA      | $2943415.54   | 0.14%             | 2070-10-25      | Variable      | 5.09%                 | No            |                  2 | On Loan: No      |
| Apidos CLO                             | Apidos CLO XXX                                                        | CUSIP: 03768CAN9<br>LEI: 2549001XBZ4DU4T7EC48 | Long             | ABS-CBDO         | CORP              | KY        |     69381 | PA      | $69383.36     | 0.00%             | 2031-10-18      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| BX Trust                               | BX Commercial Mortgage Trust 2024-XL5                                 | CUSIP: 05612GAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4928320 | PA      | $4939271.23   | 0.24%             | 2041-03-15      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II               | Principal Life Global Funding II                                      | CUSIP: 74256LEX3<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |   1815000 | PA      | $1834435.80   | 0.09%             | 2027-01-16      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                         | Morgan Stanley                                                        | CUSIP: 61747YFN0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   9660000 | PA      | $9712618.99   | 0.47%             | 2028-04-13      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                       | Colt 2025-1 Mortgage Loan Trust                                       | CUSIP: 196920AC6<br>LEI: 21380069FFOP8RZNF423 | Long             | ABS-MBS          | CORP              | US        |   4064284 | PA      | $4113587.54   | 0.20%             | 2070-01-25      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| DBGS Mortgage Trust                    | DBGS 2024-SBL                                                         | CUSIP: 23306QAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5050000 | PA      | $5057604.29   | 0.25%             | 2034-08-15      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                            | Truist Bank                                                           | CUSIP: 89788JAF6<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |   7180000 | PA      | $7221286.29   | 0.35%             | 2028-07-24      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| Exeter Select Automobile Recei         | Exeter Select Automobile Receivables Trust 2025-3                     | CUSIP: 30185FAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3200000 | PA      | $3204103.68   | 0.16%             | 2029-05-15      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| GM Financial Securitized Term          | GM Financial Consumer Automobile Receivables Trust 2023-1             | CUSIP: 38013JAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1614270 | PA      | $1618537.84   | 0.08%             | 2028-02-16      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust           | Dell Equipment Finance Trust 2025-1                                   | CUSIP: 24703UAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3900000 | PA      | $3912898.86   | 0.19%             | 2027-07-22      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                     | Macquarie Bank Ltd                                                    | CUSIP: 55608PBS2<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |   2250000 | PA      | $2267373.08   | 0.11%             | 2026-12-07      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| LoanCore 2021-CRE5 Issuer, Ltd         | LoanCore 2021-CRE5 Issuer Ltd                                         | CUSIP: 53947XAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2416228 | PA      | $2419482.60   | 0.12%             | 2036-07-15      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                            | Truist Bank                                                           | CUSIP: 89788JAE9<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |  10205000 | PA      | $10222255.74  | 0.50%             | 2027-05-20      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Secur         | Bridgecrest Lending Auto Securitization Trust 2025-4                  | CUSIP: 10807UAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1600000 | PA      | $1601776.64   | 0.08%             | 2028-06-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2025-NQM3 Trust                                                   | CUSIP: 67448YAC8<br>LEI: 254900MBGY6CR10DAX67 | Long             | ABS-MBS          | CORP              | US        |   2562100 | PA      | $2597573.54   | 0.13%             | 2064-12-01      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| GLS Auto Select Receivables Tr         | GLS Auto Select Receivables Issuer Trust 2026-1                       | CUSIP: 37989DAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5200000 | PA      | $5204582.24   | 0.25%             | 2032-02-17      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| ANTERO RESOURCES CORP                  | Antero Resources Corp                                                 | CUSIP: 03674XAS5<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |   7892000 | PA      | $8008083.43   | 0.39%             | 2030-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                                           | CUSIP: 912797ST5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  18000000 | PA      | $17947546.20  | 0.87%             | 2026-03-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitizat         | Hyundai Auto Lease Securitization Trust 2026-A                        | CUSIP: 448970AB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5004102.00   | 0.24%             | 2028-05-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Payden Cash Reserves Money Market Fund | Payden Cash Reserves Money Market Fund                                | CUSIP: 704329598<br>LEI: 549300SI0EB26HO5RT16 | Long             | STIV             | RF                | US        |  20387454 | NS      | $20387453.80  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| BX Trust                               | BX Trust 2025-VLT7                                                    | CUSIP: 123913AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5100000 | PA      | $5124073.02   | 0.25%             | 2044-07-15      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                      | State Street Corp                                                     | CUSIP: 857477DA8<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3529114.05   | 0.17%             | 2028-04-24      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| John Deere Owner Trust                 | John Deere Owner Trust 2024-C                                         | CUSIP: 477911AC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    957546 | PA      | $957999.47    | 0.05%             | 2027-08-16      | Floating      | 4.14%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec         | American Credit Acceptance Receivables Trust 2025-1                   | CUSIP: 02528DAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1101317 | PA      | $1102203.29   | 0.05%             | 2028-07-12      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Secur         | Bridgecrest Lending Auto Securitization Trust 2026-1                  | CUSIP: 107927AB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $3005061.00   | 0.15%             | 2028-07-17      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2024-1                          | CUSIP: 96043RAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    152958 | PA      | $153042.05    | 0.01%             | 2027-05-17      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| HPEFS Equipment Trust                  | HPEFS Equipment Trust 2025-2                                          | CUSIP: 442927AB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1400000 | PA      | $1403280.06   | 0.07%             | 2032-11-22      | Fixed         | 4.07%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivabl         | Santander Drive Auto Receivables Trust 2024-5                         | CUSIP: 802920AD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3188773 | PA      | $3194293.82   | 0.16%             | 2028-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga         | MF1 2022-FL8 Ltd                                                      | CUSIP: 55284JAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2829702 | PA      | $2832674.22   | 0.14%             | 2037-02-19      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC         | Enterprise Fleet Financing 2024-4 LLC                                 | CUSIP: 29374MAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2976742 | PA      | $2987403.53   | 0.15%             | 2027-07-20      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| Invesco CLO LTD                        | Invesco CLO 2021-2 Ltd                                                | CUSIP: 46149MAL0<br>LEI: 54930008KRIBK4JIR608 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5000885.00   | 0.24%             | 2034-07-15      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Greystone Commercial Real Esta         | Greystone CRE Notes 2025-FL4 LLC                                      | CUSIP: 39810MAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5100000 | PA      | $5118723.63   | 0.25%             | 2043-01-15      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| BLUE RACER MID LLC/FINAN               | Blue Racer Midstream LLC / Blue Racer Finance Corp                    | CUSIP: 095796AJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1459714.20   | 0.07%             | 2029-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables          | Exeter Automobile Receivables Trust 2026-1                            | CUSIP: 30168HAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3600000 | PA      | $3606940.80   | 0.18%             | 2028-09-15      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                           | Navient Corp                                                          | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1988252.80   | 0.10%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                    | Travel + Leisure Co                                                   | CUSIP: 98310WAS7<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |   2985000 | PA      | $2997883.26   | 0.15%             | 2026-07-31      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                | CarMax Auto Owner Trust 2024-4                                        | CUSIP: 14290DAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1271393 | PA      | $1273407.01   | 0.06%             | 2027-12-15      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                    | American Express Co                                                   | CUSIP: 025816DJ5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   8435000 | PA      | $8458670.30   | 0.41%             | 2027-07-28      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust             | GLS Auto Receivables Issuer Trust 2025-4                              | CUSIP: 36273HAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5300000 | PA      | $5320972.10   | 0.26%             | 2029-07-16      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| COOPR Residential Mortgage Tru         | COOPR Residential Mortgage Trust 2025-CES4                            | CUSIP: 12636SAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5277431 | PA      | $5308712.62   | 0.26%             | 2060-11-25      | Variable      | 5.04%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                         | Morgan Stanley                                                        | CUSIP: 61748UAR3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   6375000 | PA      | $6387941.19   | 0.31%             | 2030-01-09      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                 | Aviation Capital Group LLC                                            | CUSIP: 05369AAV3<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |   2395000 | PA      | $2386928.66   | 0.12%             | 2029-04-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Secur         | Bridgecrest Lending Auto Securitization Trust 2025-1                  | CUSIP: 10806HAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $4509308.70   | 0.22%             | 2028-08-15      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| USB Auto Owner Trust                   | USB Auto Owner Trust 2025-1                                           | CUSIP: 90367VAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1311246 | PA      | $1313952.01   | 0.06%             | 2028-06-15      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                    | American Express Co                                                   | CUSIP: 025816DX4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   4730000 | PA      | $4754321.71   | 0.23%             | 2028-07-26      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                 | Aviation Capital Group LLC                                            | CUSIP: 05369AAR2<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |   2170000 | PA      | $2182621.54   | 0.11%             | 2027-04-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                    | American Express Co                                                   | CUSIP: 025816EL9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   7110000 | PA      | $7136142.69   | 0.35%             | 2029-07-20      | Floating      | 4.46%                 | No            |                  2 | On Loan: No      |
| Drive Auto Receivables Trust           | Drive Auto Receivables Trust 2025-2                                   | CUSIP: 262103AC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5298297 | PA      | $5302112.48   | 0.26%             | 2028-10-16      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                            | Truist Bank                                                           | CUSIP: 89788JAH2<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |   5585000 | PA      | $5582507.30   | 0.27%             | 2029-10-23      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| Toyota Lease Owner Trust               | Toyota Lease Owner Trust 2024-A                                       | CUSIP: 89238GAD3<br>LEI: 254900MVSB4M6HOIRE71 | Long             | ABS-O            | CORP              | US        |   1334915 | PA      | $1338546.53   | 0.07%             | 2027-04-20      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                | Hyundai Capital America                                               | CUSIP: 44891AED5<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   4410000 | PA      | $4419922.10   | 0.22%             | 2029-01-08      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                 | Bank of New York Mellon Corp/The                                      | CUSIP: 06406RCH8<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   4965000 | PA      | $5003253.84   | 0.24%             | 2028-06-09      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management            | RCKT Mortgage Trust 2025-CES7                                         | CUSIP: 74943AAA0<br>LEI: 254900E35NYYFOUTHD06 | Long             | ABS-MBS          | CORP              | US        |   4506426 | PA      | $4556400.42   | 0.22%             | 2055-07-25      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2025-3                          | CUSIP: 96043QAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5018081.50   | 0.24%             | 2029-06-15      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitiz         | SFS Auto Receivables Securitization Trust 2025-1                      | CUSIP: 81885BAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1267248 | PA      | $1269215.43   | 0.06%             | 2028-05-22      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                          | Citigroup Inc                                                         | CUSIP: 172967QG9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   3930000 | PA      | $3987512.13   | 0.19%             | 2031-09-11      | Floating      | 4.87%                 | No            |                  2 | On Loan: —       |
| UBS GROUP AG                           | UBS Group AG                                                          | CUSIP: 225401BL1<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   3920000 | PA      | $3924167.59   | 0.19%             | 2029-12-23      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                 | Chase Auto Owner Trust 2024-5                                         | CUSIP: 16144QAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    411376 | PA      | $411630.87    | 0.02%             | 2027-11-26      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ENERFLEX INC                           | Enerflex Inc                                                          | CUSIP: 29281WAA6<br>LEI: 549300SQCOV1LC1GBK07 | Long             | DBT              | CORP              | US        |   1360000 | PA      | $1406520.16   | 0.07%             | 2031-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Nissan Master Owner Trust Rece         | Nissan Master Owner Trust Receivables                                 | CUSIP: 65479VAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $4500931.50   | 0.22%             | 2028-02-15      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management            | RCKT Mortgage Trust 2025-CES6                                         | CUSIP: 748949AA2<br>LEI: 2549002LEW4WNQBOMB89 | Long             | ABS-MBS          | CORP              | US        |   3771793 | PA      | $3816749.27   | 0.19%             | 2055-06-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                | Dryden 40 Senior Loan Fund                                            | CUSIP: 26244GAS4<br>LEI: 549300BH0PFEW6WVTN52 | Long             | ABS-CBDO         | CORP              | KY        |   1715022 | PA      | $1715548.13   | 0.08%             | 2031-08-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION               | Hess Midstream Operations LP                                          | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5125000 | PA      | $5224722.25   | 0.25%             | 2028-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitizat         | Hyundai Auto Lease Securitization Trust 2024-C                        | CUSIP: 448984AC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1376315 | PA      | $1377117.19   | 0.07%             | 2027-03-15      | Floating      | 4.21%                 | No            |                  2 | On Loan: No      |
| BX Trust                               | BX Commercial Mortgage Trust 2024-AIRC                                | CUSIP: 12433CAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4509706 | PA      | $4525469.27   | 0.22%             | 2041-08-15      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| MET TOWER GLOBAL FUNDING               | Met Tower Global Funding                                              | CUSIP: 58989V2M5<br>LEI: 635400OFJCY9IOGBGY57 | Long             | DBT              | CORP              | US        |   1430000 | PA      | $1427945.26   | 0.07%             | 2029-01-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Beechwood Park CLO Ltd.                | Beechwood Park CLO Ltd                                                | CUSIP: 07355TBL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5002200.00   | 0.24%             | 2035-01-17      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2025-R03                          | CUSIP: 20754VAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3611829 | PA      | $3633707.60   | 0.18%             | 2045-03-25      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                    | Bank of Nova Scotia/The                                               | CUSIP: 06418GAU1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  10650000 | PA      | $10658543.86  | 0.52%             | 2028-09-15      | Fixed         | 4.04%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2024-DNA3                               | CUSIP: 35564NEY5<br>LEI: 529900P3PHNE8PW64Z68 | Long             | ABS-MBS          | CORP              | US        |   2646000 | PA      | $2651341.74   | 0.13%             | 2044-10-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                       | ABN AMRO Bank NV                                                      | CUSIP: 00084DBB5<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   9500000 | PA      | $9579044.09   | 0.47%             | 2027-09-18      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                   | FS RIALTO                                                             | CUSIP: 30319YAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1969020 | PA      | $1972485.46   | 0.10%             | 2038-05-16      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| CHURCHILL DOWNS INC                    | Churchill Downs Inc                                                   | CUSIP: 171484AE8<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1997313.40   | 0.10%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| ONE Park Mortgage Trust                | ONE 2021-PARK Mortgage Trust                                          | CUSIP: 682413AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4950000 | PA      | $4943077.43   | 0.24%             | 2036-03-15      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                | Goldman Sachs Group Inc/The                                           | CUSIP: 38141GC77<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   5320000 | PA      | $5378261.82   | 0.26%             | 2028-04-23      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                              | Sunoco LP                                                             | CUSIP: 86765KAB5<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   1090000 | PA      | $1134042.54   | 0.06%             | 2029-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CNH Equipment Trust                    | CNH Equipment Trust 2025-B                                            | CUSIP: 12675EAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1700000 | PA      | $1705658.28   | 0.08%             | 2028-11-15      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM TRU         | SoFi Consumer Loan Program Trust 2026-1                               | CUSIP: 83408AAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5800000 | PA      | $5807600.32   | 0.28%             | 2035-12-26      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                 | Santander Holdings USA Inc                                            | CUSIP: 80282KBP0<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |   7470000 | PA      | $7523364.78   | 0.37%             | 2029-03-20      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN               | TerraForm Power Operating LLC                                         | CUSIP: 88104LAE3<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |   3045000 | PA      | $3053997.98   | 0.15%             | 2028-01-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust             | Verus Securitization Trust 2025-7                                     | CUSIP: 924931AC2<br>LEI: 213800OVCAXDOBS94P47 | Long             | ABS-MBS          | CORP              | US        |   4873823 | PA      | $4910467.68   | 0.24%             | 2070-08-25      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management            | RCKT Mortgage Trust 2025-CES1                                         | CUSIP: 749427AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3361265 | PA      | $3404190.40   | 0.17%             | 2045-01-25      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                | Carmax Auto Owner Trust 2024-3                                        | CUSIP: 14319GAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    670365 | PA      | $671413.02    | 0.03%             | 2027-09-15      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2024-2                          | CUSIP: 96042YAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    114815 | PA      | $114839.07    | 0.01%             | 2027-08-16      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2022-HQA1                               | CUSIP: 35564KTA7<br>LEI: 5493000IRODEKU3J3Q16 | Long             | ABS-MBS          | CORP              | US        |    683239 | PA      | $684957.40    | 0.03%             | 2042-03-25      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                    | United Airlines Inc                                                   | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   1880000 | PA      | $1879683.97   | 0.09%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd               | Neuberger Berman Loan Advisers CLO 41 Ltd                             | CUSIP: 64134BAJ9<br>LEI: 549300RYH1PYRU661D66 | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2500375.00   | 0.12%             | 2034-04-15      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2024-NQM16 Trust                                                  | CUSIP: 67120GAA6<br>LEI: 254900AIRPH5Q5COT575 | Long             | ABS-MBS          | CORP              | US        |   1639437 | PA      | $1657075.48   | 0.08%             | 2064-10-25      | Variable      | 5.53%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                | National Bank of Canada                                               | CUSIP: 63307A3K9<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |   6315000 | PA      | $6330620.22   | 0.31%             | 2029-01-20      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2025-NQM2 Trust                                                   | CUSIP: 67120VAA3<br>LEI: 2549006BC0G3YEF5SL09 | Long             | ABS-MBS          | CORP              | US        |   3133265 | PA      | $3172642.40   | 0.15%             | 2064-11-25      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitiz         | SFS Auto Receivables Securitization Trust 2024-3                      | CUSIP: 78436XAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    620365 | PA      | $620875.13    | 0.03%             | 2028-05-22      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| Allegany Park CLO, Ltd.                | Allegany Park CLO Ltd                                                 | CUSIP: 017154AU9<br>LEI: 549300D5KL0IVFLIND32 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1500333.00   | 0.07%             | 2035-01-20      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Octagon 57 Ltd                         | Octagon 57 Ltd                                                        | CUSIP: 67592XAN0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5050000 | PA      | $5056575.10   | 0.25%             | 2034-10-15      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| OneMain Direct Auto Receivable         | OneMain Direct Auto Receivables Trust 2023-1                          | CUSIP: 682685AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5115000 | PA      | $5156537.38   | 0.25%             | 2029-11-14      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL               | Penske Truck Leasing Co Lp / PTL Finance Corp                         | CUSIP: 709599BY9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1965000 | PA      | $1988052.81   | 0.10%             | 2027-01-12      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC               | Vistra Operations Co LLC                                              | CUSIP: 92840VAT9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1155000 | PA      | $1165986.30   | 0.06%             | 2026-12-30      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                   | FS RIALTO                                                             | CUSIP: 30319YAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2000000 | PA      | $1996695.20   | 0.10%             | 2038-05-16      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                 | Canadian Imperial Bank of Commerce                                    | CUSIP: 13607PVP6<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   9430000 | PA      | $9508397.81   | 0.46%             | 2028-01-13      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| CITIZENS BANK NA/RI                    | Citizens Bank NA/Providence RI                                        | CUSIP: 75524KSA3<br>LEI: DRMSV1Q0EKMEXLAU1P80 | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2754908.94   | 0.13%             | 2029-01-29      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management            | RCKT Mortgage Trust 2024-CES9                                         | CUSIP: 749426AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1828565 | PA      | $1849987.12   | 0.09%             | 2044-12-25      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                | BDS 2025-FL14 LLC                                                     | CUSIP: 072921AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2800000 | PA      | $2800796.04   | 0.14%             | 2042-10-17      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-27

**Name of Applicant:** PAYDEN & RYGEL INVESTMENT GROUP

**Signature:** Sandi Brents

**Name of Signer:** Sandi Brents

**Title:** Compliance Officer