# EDGAR Filing Document

**Accession Number:** 0001496608
**File Stem:** 0001410368-26-040399
**Filing Date:** 2026-4
**Character Count:** 106452
**Document Hash:** 1fc9f3f6997d42c071d3271e489b1a66
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-040399.hdr.sgml**: 20260424

**ACCESSION NUMBER**: 0001410368-26-040399

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260424

**DATE AS OF CHANGE**: 20260424

**PERIOD START**: 20261130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AB Active ETFs, Inc.
- **CENTRAL INDEX KEY:** 0001496608

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23799
- **FILM NUMBER:** 26895236

**BUSINESS ADDRESS:**
- **STREET 1:** C/O ALLIANCEBERNSTEIN L.P.
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001
- **BUSINESS PHONE:** 212-969-1000

**MAIL ADDRESS:**
- **STREET 1:** C/O ALLIANCEBERNSTEIN L.P.
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AllianceBernstein Active ETFs, Inc.
- **DATE OF NAME CHANGE:** 20100714

## Series and Classes Contracts Data

### AB Ultra Short Income ETF (Series ID: S000076880)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000237019 | AB Ultra Short Income ETF | YEAR            |

## Nport-Ex

**AB Active ETFs, Inc.** 

**AB Ultra Short Income ETF** 

**Portfolio of Investments** 

**February 28, 2026 (unaudited)** 

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **CORPORATES - INVESTMENT GRADE – 42.9%** | **CORPORATES - INVESTMENT GRADE – 42.9%** | **CORPORATES - INVESTMENT GRADE – 42.9%** |
|  **Financial Institutions – 25.1%** | **Financial Institutions – 25.1%** | **Financial Institutions – 25.1%** |
|  **Banking – 16.3%** | **Banking – 16.3%** | **Banking – 16.3%** |
|  ABN AMRO Bank NV <br>4.80%, 04/18/2026<sup>(a)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14702 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14709204 |
|  Bank of America Corp. <br>4.45%, 03/03/2026 | 19527 | 19527000 |
|  Barclays PLC <br>5.20%, 05/12/2026 | 14273 | 14288272 |
|  BNP Paribas SA <br>4.375%, 05/12/2026<sup>(a)</sup> | 15464 | 15461216 |
|  BPCE SA <br>4.875%, 04/01/2026<sup>(a)</sup> | 13939 | 13945273 |
|  Capital One Financial Corp. <br>3.75%, 07/28/2026 | 14865 | 14830662 |
|  Capital One NA <br>4.25%, 03/13/2026 | 5334 | 5334480 |
|  Citigroup, Inc. <br>4.60%, 03/09/2026 | 20610 | 20595161 |
|  Cooperatieve Rabobank UA <br>3.75%, 07/21/2026 | 20631 | 20598816 |
|  Goldman Sachs Group, Inc. (The)<br>3.85%, 01/26/2027 | 8500 | 8495920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 01/15/2027 | 6000 | 6097800 |
|  Lloyds Banking Group PLC <br>4.65%, 03/24/2026 | 1491 | 1491432 |
|  Mitsubishi UFJ Financial Group, Inc. <br>3.85%, 03/01/2026 | 7379 | 7379000 |
|  Nationwide Building Society<br>1.50%, 10/13/2026<sup>(a)</sup> | 2591 | 2552990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 09/14/2026<sup>(a)</sup> | 7180 | 7161978 |
|  Nordea Bank Abp <br>1.50%, 09/30/2026<sup>(a)</sup> | 2192 | 2161641 |
|  Societe Generale SA<br>4.25%, 08/19/2026<sup>(a)</sup> | 12148 | 12142898 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 02/19/2027<sup>(a)</sup> | 7300 | 7379570 |
|  Svenska Handelsbanken AB <br>1.418%, 06/11/2027<sup>(a)</sup> | 500 | 496400 |
|  UBS Group AG <br>4.125%, 04/15/2026<sup>(a)</sup> | 7159 | 7159000 |
|  UniCredit SpA <br>1.982%, 06/03/2027<sup>(a)</sup> | 7300 | 7260288 |
|  US Bancorp <br>3.10%, 04/27/2026 | 1424 | 1421650 |
|  Wells Fargo & Co. <br>4.10%, 06/03/2026 | 21021 | 21014904 |
|  Western Union Co. (The) <br>1.35%, 03/15/2026 | 6725 | 6717334 |
|  |  | 238222889 |
|  **Brokerage – 0.4%** | **Brokerage – 0.4%** | **Brokerage – 0.4%** |
|  Charles Schwab Corp. (The) <br>1.15%, 05/13/2026 | 5000 | 4972300 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **Commercial Banking – 3.8%** | **Commercial Banking – 3.8%** | **Commercial Banking – 3.8%** |
|  HSBC Holdings PLC <br>4.375%, 11/23/2026 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7564 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7583440 |
|  JPMorgan Chase & Co. <br>4.125%, 12/15/2026 | 20375 | 20400265 |
|  Morgan Stanley <br>Series G <br>4.35%, 09/08/2026 | 20391 | 20413022 |
|  Toronto-Dominion Bank (The) <br>5.532%, 07/17/2026 | 7236 | 7280429 |
|  |  | 55677156 |
|  **Finance – 1.4%** | **Finance – 1.4%** | **Finance – 1.4%** |
|  AerCap Ireland Capital DAC/AerCap<br>Global Aviation Trust <br>2.45%, 10/29/2026 | 5148 | 5097498 |
|  Air Lease Corp. <br>Series G <br>3.75%, 06/01/2026 | 7472 | 7461614 |
|  Aircastle Ltd. <br>4.25%, 06/15/2026 | 7564 | 7558176 |
|  Aviation Capital Group LLC <br>1.95%, 09/20/2026<sup>(a)</sup> | 368 | 363554 |
|  |  | 20480842 |
|  **Insurance – 2.0%** | **Insurance – 2.0%** | **Insurance – 2.0%** |
|  Aon Corp. <br>8.205%, 01/01/2027 | 1542 | 1592917 |
|  Athene Global Funding <br>5.62%, 05/08/2026<sup>(a)</sup> | 6955 | 6973361 |
|  Cigna Group (The) <br>1.25%, 03/15/2026 | 6695 | 6684690 |
|  Elevance Health, Inc. <br>4.50%, 10/30/2026 | 6795 | 6813346 |
|  Principal Financial Group, Inc. <br>3.10%, 11/15/2026 | 7300 | 7254886 |
|  |  | 29319200 |
|  **REITs – 1.2%** | **REITs – 1.2%** | **REITs – 1.2%** |
|  American Tower Corp. <br>3.375%, 10/15/2026 | 7327 | 7295934 |
|  Brixmor Operating Partnership LP <br>4.125%, 06/15/2026 | 3025 | 3021642 |
|  Equinix, Inc. <br>1.45%, 05/15/2026 | 7382 | 7341325 |
|  |  | 17658901 |
|  |  | 366331288 |
|  **Industrial – 16.7%** | **Industrial – 16.7%** | **Industrial – 16.7%** |
|  **Basic – 1.8%** | **Basic – 1.8%** | **Basic – 1.8%** |
|  ArcelorMittal SA <br>4.55%, 03/11/2026 | 6500 | 6499415 |
|  BHP Billiton Finance USA Ltd. <br>6.42%, 03/01/2026 | 4510 | 4510000 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Nutrien Ltd. <br>4.00%, 12/15/2026 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7292 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7292802 |
|  Westlake Corp. <br>3.60%, 08/15/2026 |  | 7601 |  | 7581770 |
|  |  |  |  | 25883987 |
|  **Capital Goods – 0.5%** | **Capital Goods – 0.5%** | **Capital Goods – 0.5%** | **Capital Goods – 0.5%** | **Capital Goods – 0.5%** |
|  RTX Corp. <br>5.75%, 11/08/2026 |  | 7061 |  | 7130339 |
|  **Communications - Media – 0.8%** | **Communications - Media – 0.8%** | **Communications - Media – 0.8%** | **Communications - Media – 0.8%** | **Communications - Media – 0.8%** |
|  Cox Communications, Inc. <br>3.35%, 09/15/2026<sup>(a)</sup> |  | 7220 |  | 7190615 |
|  Omnicom Group, Inc./Omnicom Capital, Inc. <br>3.60%, 04/15/2026 |  | 4618 |  | 4616060 |
|  |  |  |  | 11806675 |
|  **Communications - Telecommunications – 0.5%** | **Communications - Telecommunications – 0.5%** | **Communications - Telecommunications – 0.5%** | **Communications - Telecommunications – 0.5%** | **Communications - Telecommunications – 0.5%** |
|  AT&T, Inc. <br>1.70%, 03/25/2026 |  | 7238 |  | 7225912 |
|  **Consumer Cyclical - Automotive – 1.4%** | **Consumer Cyclical - Automotive – 1.4%** | **Consumer Cyclical - Automotive – 1.4%** | **Consumer Cyclical - Automotive – 1.4%** | **Consumer Cyclical - Automotive – 1.4%** |
|  American Honda Finance Corp. <br>Series G <br>5.25%, 07/07/2026 |  | 8903 |  | 8942084 |
|  BMW US Capital LLC <br>2.80%, 04/11/2026<sup>(a)</sup> |  | 1100 |  | 1097965 |
|  Ford Motor Credit Co. LLC <br>6.95%, 06/10/2026 |  | 1731 |  | 1739897 |
|  General Motors Financial Co., Inc. <br>1.50%, 06/10/2026 |  | 5604 |  | 5562755 |
|  Toyota Motor Credit Corp. <br>4.45%, 05/18/2026 |  | 3074 |  | 3077689 |
|  |  |  |  | 20420390 |
|  **Consumer Cyclical - Other – 0.5%** | **Consumer Cyclical - Other – 0.5%** | **Consumer Cyclical - Other – 0.5%** | **Consumer Cyclical - Other – 0.5%** | **Consumer Cyclical - Other – 0.5%** |
|  PulteGroup, Inc. <br>5.00%, 01/15/2027 |  | 7099 |  | 7136696 |
|  **Consumer Cyclical - Retailers – 0.3%** | **Consumer Cyclical - Retailers – 0.3%** | **Consumer Cyclical - Retailers – 0.3%** | **Consumer Cyclical - Retailers – 0.3%** | **Consumer Cyclical - Retailers – 0.3%** |
|  Lowe's Cos., Inc. <br>2.50%, 04/15/2026 |  | 4625 |  | 4616490 |
|  **Consumer Non-Cyclical – 3.4%** | **Consumer Non-Cyclical – 3.4%** | **Consumer Non-Cyclical – 3.4%** | **Consumer Non-Cyclical – 3.4%** | **Consumer Non-Cyclical – 3.4%** |
|  BAT International Finance PLC <br>1.668%, 03/25/2026 |  | 4884 |  | 4873499 |
|  Bunge Ltd. Finance Corp. <br>3.25%, 08/15/2026 |  | 7423 |  | 7394792 |
|  CVS Health Corp. <br>3.00%, 08/15/2026 |  | 6082 |  | 6052381 |
|  General Mills, Inc. <br>4.70%, 01/30/2027 |  | 7095 |  | 7140053 |
|  HCA, Inc. <br>5.25%, 06/15/2026 |  | 1935 |  | 1936916 |
|  Kraft Heinz Foods Co. <br>3.00%, 06/01/2026 |  | 7405 |  | 7384266 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Molson Coors Beverage Co. <br>3.00%, 07/15/2026 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7500 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7471125 |
|  Sysco Corp. <br>3.30%, 07/15/2026 |  | 7321 |  | 7299696 |
|  |  |  |  | 49552728 |
|  **Energy – 3.7%** | **Energy – 3.7%** | **Energy – 3.7%** | **Energy – 3.7%** | **Energy – 3.7%** |
|  Continental Resources, Inc./OK <br>2.268%, 11/15/2026<sup>(a)</sup> |  | 7664 |  | 7557854 |
|  Energy Transfer LP <br>6.05%, 12/01/2026 |  | 1834 |  | 1858961 |
|  EQT Corp. <br>3.125%, 05/15/2026<sup>(a)</sup> |  | 2401 |  | 2394709 |
|  Marathon Petroleum Corp. <br>5.125%, 12/15/2026 |  | 7426 |  | 7468402 |
|  MPLX LP <br>1.75%, 03/01/2026 |  | 7210 |  | 7210000 |
|  ONEOK, Inc. 4.85%, 07/15/2026 |  | 4803 |  | 4806458 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 11/01/2026 |  | 2503 |  | 2525051 |
|  Spectra Energy Partners LP <br>3.375%, 10/15/2026 |  | 7500 |  | 7468725 |
|  Valero Energy Corp. <br>3.40%, 09/15/2026 |  | 7323 |  | 7300592 |
|  Western Midstream Operating LP <br>4.65%, 07/01/2026 |  | 5236 |  | 5235110 |
|  |  |  |  | 53825862 |
|  **Technology – 2.9%** | **Technology – 2.9%** | **Technology – 2.9%** | **Technology – 2.9%** | **Technology – 2.9%** |
|  Broadridge Financial Solutions, Inc. <br>3.40%, 06/27/2026 |  | 7497 |  | 7474509 |
|  CDW LLC/CDW Finance Corp. <br>2.67%, 12/01/2026 |  | 7389 |  | 7311268 |
|  Dell International LLC/EMC Corp.<br>4.90%, 10/01/2026 |  | 2039 |  | 2045504 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.02%, 06/15/2026 |  | 1451 |  | 1451943 |
|  Fidelity National Information Services, Inc. <br>1.15%, 03/01/2026 |  | 7217 |  | 7217000 |
|  Fiserv, Inc. <br>3.20%, 07/01/2026 |  | 1911 |  | 1904503 |
|  Jabil, Inc. <br>1.70%, 04/15/2026 |  | 7005 |  | 6981743 |
|  Oracle Corp. <br>2.65%, 07/15/2026 |  | 7378 |  | 7334175 |
|  |  |  |  | 41720645 |
|  **Transportation - Services – 0.9%** | **Transportation - Services – 0.9%** | **Transportation - Services – 0.9%** | **Transportation - Services – 0.9%** | **Transportation - Services – 0.9%** |
|  FedEx Corp. <br>3.25%, 04/01/2026 |  | 7424 |  | 7418581 |
|  Ryder System, Inc. <br>1.75%, 09/01/2026 |  | 6421 |  | 6345232 |
|  |  |  |  | 13763813 |
|  |  |  |  | 243083537 |

---

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---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **Utility – 1.1%** |  |  |
|  **Electric – 1.1%** |  |  |
|  CMS Energy Corp. <br>3.00%, 05/15/2026 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1020 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1018062 |
|  Entergy Corp. <br>2.95%, 09/01/2026 | 7523 | 7480570 |
|  Southwestern Electric Power Co. <br>Series K <br>2.75%, 10/01/2026 | 7570 | 7512544 |
|  |  | 16011176 |
|  Total Corporates - Investment Grade <br>(cost $625,416,384) |  | 625426001 |
|  **GOVERNMENTS - TREASURIES – 38.9%** |  |  |
|  **United States – 38.9%** |  |  |
|  U.S. Treasury Notes<br>3.50%, 10/31/2027 | 81423 | 81518418 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/30/2027 | 35227 | 35328828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.783% (CME Term SOFR 3 Month + 0.16%), 04/30/2027<sup>(b)</sup> | 45000 | 45048678 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.805% (CME Term SOFR 3 Month + 0.18%), 07/31/2026<sup>(b)</sup> | 111000 | 111058257 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 03/31/2027 | 44306 | 44477340 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 07/15/2028 | 36967 | 37374215 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/31/2030 | 28039 | 28601971 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 12/31/2026 | 62295 | 62647843 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 02/15/2028 | 119973 | 121903815 |
|  Total Governments - Treasuries <br>(cost $563,746,791) |  | 567959365 |
|  **ASSET-BACKED SECURITIES – 9.1%** |  |  |
|  **Autos - Fixed Rate – 5.0%** |  |  |
|  ACM Auto Trust<br>Series 2024-2A, Class A<br>6.06%, 02/20/2029<sup>(a)</sup> | 314 | 313740 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-1A, Class A<br>5.38%, 06/20/2029<sup>(a)</sup> | 362 | 361736 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-2A, Class A<br>5.55%, 06/20/2028<sup>(a)</sup> | 2294 | 2297756 |
|  American Credit Acceptance Receivables Trust <br>Series 2025-2, Class A <br>4.81%, 09/12/2028<sup>(a)</sup> | 2659 | 2662714 |
|  Arivo Acceptance Auto Loan Receivables Trust<br>Series 2024-1A, Class A<br>6.46%, 04/17/2028<sup>(a)</sup> | 149 | 149899 |
|  Series 2025-1A, Class A2<br>4.92%, 05/15/2029<sup>(a)</sup> | 5373 | 5394353 |
|  BOF VII AL Funding Trust I <br>Series 2023-CAR3, Class A2 <br>6.291%, 07/26/2032<sup>(a)</sup> | 582 | 591612 |

---

------

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| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Bridgecrest Lending Auto Securitization Trust <br>Series 2025-2, Class A2 <br>4.84%, 01/18/2028 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1927 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1929581 |
|  CarMax Select Receivables Trust <br>Series 2025-A, Class A2A <br>4.76%, 05/15/2028 | 3305 | 3313939 |
|  Consumer Portfolio Services Auto Trust <br>Series 2025-B, Class A <br>4.74%, 02/15/2029<sup>(a)</sup> | 3138 | 3145927 |
|  Exeter Select Automobile Receivables Trust <br>Series 2025-1, Class A2 <br>4.83%, 10/16/2028 | 2815 | 2821812 |
|  FHF Issuer Trust <br>Series 2023-2A, Class A2 <br>6.79%, 10/15/2029<sup>(a)</sup> | 343 | 346176 |
|  GLS Auto Receivables Issuer Trust <br>Series 2025-2A, Class A2 <br>4.75%, 03/15/2028<sup>(a)</sup> | 3748 | 3755143 |
|  Lendbuzz Securitization Trust<br>Series 2023-1A, Class A2<br>6.92%, 08/15/2028<sup>(a)</sup> | 217 | 219458 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-2A, Class A2<br>7.09%, 10/16/2028<sup>(a)</sup> | 329 | 332652 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-3A, Class A2<br>7.50%, 12/15/2028<sup>(a)</sup> | 414 | 421360 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2026-1A, Class A2<br>4.68%, 07/15/2030<sup>(a)</sup> | 2104 | 2106586 |
|  Lobel Automobile Receivables Trust <br>Series 2025-1, Class A <br>5.06%, 11/15/2027<sup>(a)</sup> | 1292 | 1293699 |
|  Merchants Fleet Funding LLC <br>Series 2023-1A, Class A <br>7.21%, 05/20/2036<sup>(a)</sup> | 987 | 990291 |
|  OCCU Auto Receivables Trust <br>Series 2025-1A, Class A2 <br>4.82%, 04/17/2028<sup>(a)</sup> | 5515 | 5529479 |
|  Prestige Auto Receivables Trust <br>Series 2025-1A, Class A2 <br>4.87%, 12/15/2027<sup>(a)</sup> | 2596 | 2597986 |
|  Research-Driven Pagaya Motor Asset Trust<br>Series 2023-3A, Class A<br>7.13%, 01/26/2032<sup>(a)</sup> | 672 | 673266 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-4A, Class A<br>7.54%, 03/25/2032<sup>(a)</sup> | 418 | 419349 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-4A, Class A2<br>5.124%, 04/25/2034<sup>(a)</sup> | 7300 | 7335656 |
|  Research-Driven Pagaya Motor Trust <br>Series 2024-1A, Class A <br>7.09%, 06/25/2032<sup>(a)</sup> | 391 | 391381 |
|  SAFCO Auto Receivables Trust <br>Series 2025-1A, Class A <br>5.46%, 09/10/2029<sup>(a)</sup> | 3673 | 3672157 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Santander Drive Auto Receivables Trust <br>Series 2025-2, Class A2<br>4.71%, 06/15/2028 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2072 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2073982 |
|  Stellantis Financial Underwritten Enhanced Lease Trust <br>Series 2025-AA, Class A2 <br>4.63%, 07/20/2027<sup>(a)</sup> | 5131 | 5145261 |
|  Strike Acceptance Auto Funding Trust <br>Series 2025-1A, Class A <br>5.84%, 04/15/2032<sup>(a)</sup> | 1567 | 1575223 |
|  Tricolor Auto Securitization Trust<br>Series 2024-1A, Class A<br>6.61%, 10/17/2027<sup>(c)(d)(e)(f)(g)</sup> | 424 | 398805 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-2A, Class A<br>6.36%, 12/15/2027<sup>(c)(d)(e)(f)(g)</sup> | 369 | 344999 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-3A, Class A<br>5.22%, 06/15/2028<sup>(c)(d)(e)(f)(g)</sup> | 785 | 682850 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-1A, Class A<br>4.94%, 02/15/2029<sup>(c)(d)(e)(f)(g)</sup> | 2015 | 1163985 |
|  United Auto Credit Securitization Trust <br>Series 2026-1, Class A <br>4.41%, 06/12/2028<sup>(a)</sup> | 7300 | 7301171 |
|  US Bank NA <br>Series 2023-1, Class B <br>6.789%, 08/25/2032<sup>(a)</sup> | 510 | 514798 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;72268782 |
|  **Other ABS - Fixed Rate – 3.7%** |  |  |
|  ACHV ABS Trust <br>Series 2024-2PL, Class A <br>5.07%, 10/27/2031<sup>(a)</sup> | 1700 | 1708572 |
|  Affirm Asset Securitization Trust<br>Series 2025-X1, Class A<br>5.08%, 04/15/2030<sup>(a)</sup> | 1127 | 1128398 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-X2, Class A<br>4.45%, 10/15/2030<sup>(a)</sup> | 2824 | 2826962 |
|  Dext ABS LLC <br>Series 2023-1, Class A2 <br>5.99%, 03/15/2032<sup>(a)</sup> | 102 | 102619 |
|  Equify ABS LLC <br>Series 2024-1A, Class A <br>5.43%, 04/18/2033<sup>(a)</sup> | 1474 | 1479457 |
|  Marlette Funding Trust <br>Series 2025-1A, Class A <br>4.75%, 07/16/2035<sup>(a)</sup> | 2429 | 2432138 |
|  NMEF Funding LLC <br>Series 2023-A, Class A2 <br>6.57%, 06/17/2030<sup>(a)</sup> | 265 | 266574 |
|  Oportun Funding Trust <br>Series 2024-3, Class A <br>5.26%, 08/15/2029<sup>(a)</sup> | 28 | 28168 |
|  Pagaya AI Debt Grantor Trust<br>Series 2024-5, Class A<br>6.278%, 10/15/2031<sup>(a)</sup> | 265 | 266307 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-3, Class A2<br>5.365%, 12/15/2032<sup>(a)</sup> | 2659 | 2690210 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2026-1, Class A2<br>4.739%, 09/15/2033<sup>(a)</sup> | 1000 | 1000834 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Pagaya AI Debt Grantor Trust And Pagaya AI Debt Trust <br>Series 2024-6, Class A <br>6.093%, 11/15/2031<sup>(a)</sup>  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;495 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;496089 |
|  Pagaya AI Debt Trust<br>Series 2024-2, Class A<br>6.319%, 08/15/2031<sup>(a)</sup> | 432 | 432539 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-3, Class A<br>6.258%, 10/15/2031<sup>(a)</sup> | 280 | 280057 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-R1, Class A2<br>5.338%, 06/15/2032<sup>(a)</sup> | 6323 | 6362949 |
|  Pagaya Point of Sale Holdings Grantor Trust <br>Series 2025-1, Class A <br>5.715%, 01/20/2034<sup>(a)</sup>  | 7000 | 7040216 |
|  PEAC Solutions Receivables LLC <br>Series 2024-2A, Class A2 <br>4.74%, 04/20/2027<sup>(a)</sup>  | 2244 | 2248324 |
|  RCKT Trust <br>Series 2025-1A, Class A <br>4.90%, 07/25/2034<sup>(a)</sup>  | 5307 | 5319672 |
|  Reach Abs Trust <br>Series 2026-1A, Class A <br>4.32%, 02/15/2033<sup>(a)</sup>  | 3300 | 3300072 |
|  Service Experts Issuer LLC <br>Series 2024-1A, Class A <br>6.39%, 11/20/2035<sup>(a)</sup>  | 3359 | 3450626 |
|  Upgrade Master Pass-Thru Trust <br>Series 2025-ST5, Class A <br>4.794%, 09/15/2032<sup>(a)</sup>  | 4505 | 4515852 |
|  Upstart Securitization Trust<br>Series 2023-3, Class A<br>6.90%, 10/20/2033<sup>(a)</sup> | 38 | 37591 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-1, Class A<br>5.33%, 11/20/2034<sup>(a)</sup> | 1665 | 1672399 |
|  Verdant Receivables 2023-1 LLC <br>Series 2023-1A, Class A2 <br>6.24%, 01/13/2031<sup>(a)</sup>  | 474 | 481539 |
|  VFI ABS LLC <br>Series 2025-1A, Class A <br>4.78%, 06/24/2030<sup>(a)</sup>  | 4885 | 4910245 |
|  |  | 54478409 |
|  **Credit Cards – Fixed Rate – 0.4%** |  |  |
|  Mission Lane Credit Card Master Trust <br>Series 2024-B, Class A <br>5.88%, 01/15/2030<sup>(a)</sup>  | 5900 | 5928132 |
|  Total Asset-Backed Securities <br>(cost $133,164,022) |  | 132675323 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **SHORT-TERM INVESTMENTS – 8.7%** |  |  |
|  **Commercial Paper – 4.8%** |  |  |
|  Anheuser-Busch InBev Worldwide, Inc. <br>Zero Coupon, 05/04/2026<sup>(a)</sup> | $540 | $536185 |
|  Charles Schwab Corp. (The) <br>Zero Coupon, 06/05/2026<sup>(a)</sup> | 7300 | 7226870 |
|  ERAC USA Finance LLC <br>Zero Coupon, 04/09/2026<sup>(a)</sup> | 7300 | 7267296 |
|  General Motors Financial Co., Inc. <br>Zero Coupon, 03/20/2026<sup>(a)</sup> | 9550 | 9528584 |
|  HCA, Inc. <br>Zero Coupon, 05/07/2026<sup>(a)</sup> | 3700 | 3670336 |
|  Imperial Brands Finance PLC <br>Zero Coupon, 04/20/2026<sup>(a)</sup> | 7200 | 7159877 |
|  Intesa Sanpaolo Funding LLC <br>Zero Coupon, 11/20/2026 | 14000 | 13582934 |
|  Macquarie Group Ltd.<br>Zero Coupon, 06/02/2026 | 7200 | 7127220 |
|  Zero Coupon, 06/05/2026 | 7300 | 7223873 |
|  VW Credit, Inc. <br>Zero Coupon, 03/03/2026<sup>(a)</sup> | 7400 | 7396842 |
|  Total Commercial Paper <br>(cost $70,757,799) |  | 70720017 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Shares**  |  |
|  **Investment Companies – 3.9%** |  |  |
|  AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 3.53%<sup>(h) (i) (j)</sup> <br>(cost $56,153,733) | 56153733 | 56153733 |
|  Total Short-Term Investments <br>(cost $126,911,532) |  | 126873750 |
|  **Total Investments – 99.6%** <br>(cost $1,449,238,729)<sup>(k)</sup> |  | 1452934439 |
|  Other assets less liabilities – 0.4% |  | 5785294 |
|  **Net Assets – 100.0%** |  | $**1458719733** |

---

**FUTURES** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Number<br>of<br>Contracts** | **Expiration<br>Month** | **Current<br>Notional** | **Value and<br>Unrealized<br>Appreciation<br>(Depreciation)** |
| **Purchased Contracts** | **Purchased Contracts** | **Purchased Contracts** | **Purchased Contracts** | **Purchased Contracts** |
| U.S. T-Note 2 Yr (CBT) Futures | 315 | June 2026 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65921133 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110516 |
| U.S. T-Note 5 Yr (CBT) Futures | 337 | June 2026 | 37117391 | 202727 |
|  |  |  |  | $313243 |

---

------

*(a)* *Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities are considered restricted, but liquid and may be resold in transactions exempt from registration. At February 28, 2026, the aggregate market value of these securities amounted to $278,739,876 or 19.1% of net assets.* 

*(b)* *Floating Rate Security. Stated interest/floor/ceiling rate was in effect at February 28, 2026.* 

*(c)* *Security in which significant unobservable inputs (Level 3) were used in determining fair value.* 

*(d)* *Non-income producing security.* 

*(e)* *Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities, which represent 0.18% of net assets as of February 28, 2026, are considered illiquid and restricted. Additional information regarding such securities follows:* 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **144A/Restricted & Illiquid Securities** | **Acquisition**<br> **Date** | **Acquisition**<br> **Date** | | **Cost** | | **Market**<br> **Value** | | **Percentage**<br> **of**<br> **Net Assets** |
|  *Tricolor Auto Securitization Trust<br>Series 2024-1A, Class A <br>6.61%, 10/17/2027* | | *01/25/2024* | | $*423524* | | $*398805* | | *0.03%* |
|  *Tricolor Auto Securitization Trust<br>Series 2024-2A, Class A <br>6.36%, 12/15/2027* | | *05/14/2024* | | *368983* | | *344999* | | *0.02%* |
|  *Tricolor Auto Securitization Trust<br>Series 2024-3A, Class A <br>5.22%, 06/15/2028* | | *10/07/2024* | | *784855* | | *682850* | | *0.05%* |
|  *Tricolor Auto Securitization Trust<br>Series 2025-1A, Class A <br>4.94%, 02/15/2029* | | *03/11/2025* | | *2015238* | | *1163985* | | *0.08%* |

---

*(f)* *Fair valued by the Adviser.* 

*(g)* *Defaulted.* 

*(h)* *To obtain a copy of the fund's shareholder report, please go to the Securities and Exchange Commission's website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.* 

*(i)* *The rate shown represents the 7-day yield as of period end.* 

*(j)* *Affiliated investments.* 

*(k)* *As of February 28, 2026, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $5,224,262 and gross unrealized depreciation of investments was $(1,215,309), resulting in net unrealized appreciation of $4,008,953.* 

*Glossary:* 

*ABS – Asset-Backed Securities* 

*CBT – Chicago Board of Trade* 

*CME – Chicago Mercantile Exchange* 

*REIT – Real Estate Investment Trust* 

*SOFR – Secured Overnight Financing Rate* 

------

**AB Active ETFs, Inc.** 

**AB Ultra Short Income ETF** 

**February 28, 2026 (unaudited)** 

In accordance with U.S. GAAP regarding fair value measurements, fair value is defined as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a framework for measuring fair value, and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability (including those valued based on their market values). Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Fund. Unobservable inputs reflect the Fund's own assumptions about the assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances. Each investment is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 - quoted prices in active markets for identical investments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates,
prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of
investments)

The fair value of debt instruments, such as bonds, and over-the-counter derivatives is generally based on market price quotations, recently executed market transactions (where observable) or industry recognized modeling techniques and are generally classified as Level 2. Pricing vendor inputs to Level 2 valuations may include quoted prices for similar investments in active markets, interest rate curves, coupon rates, currency rates, yield curves, option adjusted spreads, default rates, credit spreads and other unique security features in order to estimate the relevant cash flows which is then discounted to calculate fair values. If these inputs are unobservable and significant to the fair value, these investments will be classified as Level 3. In addition, non-agency rated investments are classified as Level 3.

Other fixed income investments, including non-U.S. government and corporate debt, are generally valued using quoted market prices, if available, which are typically impacted by current interest rates, maturity dates and any perceived credit risk of the issuer. Additionally, in the absence of quoted market prices, these inputs are used by pricing vendors to derive a valuation based upon industry or proprietary models which incorporate issuer specific data with relevant yield/spread comparisons with more widely quoted bonds with similar key characteristics. Those investments for which there are observable inputs are classified as Level 2. Where the inputs are not observable, the investments are classified as Level 3.

Valuations of mortgage-backed or other asset backed securities, by pricing vendors, are based on both proprietary and industry recognized models and discounted cash flow techniques. Significant inputs to the valuation of these instruments are value of the collateral, the rates and timing of delinquencies, the rates and timing of prepayments, and default and loss expectations, which are driven in part by housing prices for residential mortgages. Significant inputs are determined based on relative value analyses, which incorporate comparisons to instruments with similar collateral and risk profiles, including relevant indices. Mortgage and asset backed securities for which management has collected current observable data through pricing services are generally categorized within Level 2. Those investments for which current observable data has not been provided are classified as Level 3.

------

The following table summarizes the valuation of the Fund's investments by the above fair value hierarchy levels as of February 28, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments in Securities:** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets:** |  |  |  |  |
| Corporates - Investment Grade | $— | $625426001 | $— | $625426001 |
| Governments - Treasuries |  | 567959365 |  | 567959365 |
| Asset-Backed Securities |  | 130084684 | 2590639 | 132675323 |
| Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commercial Paper |  | 70720017 |  | 70720017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Companies | 56153733 |  |  | 56153733 |
| Total Investments in Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56153733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1394190067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2590639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1452934439 |
| **Other Financial Instruments<sup>(a)</sup>:** |  |  |  |  |
| **Assets:** |  |  |  |  |
| Futures | 313243 |  |  | 313243 |
| **Liabilities** | **—** | **—** | **—** | **—** |
| **Total** | $**56466976** | $**1394190067** | $**2590639** | $**1453247682** |

---

*<sup>(a)</sup>* *Other financial instruments include derivative instruments, such as futures, forwards and swaps. Derivative instruments are valued at the unrealized appreciation (depreciation) on the instrument. Other financial instruments may also include swaps with upfront premiums, written options and written swaptions which are valued at market value.* 

A summary of the Fund's transactions in AB mutual funds for the three months end February 28, 2026 is as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Fund** | **Market Value**<br> **11/30/2025**<br> **(000)** | **Purchases**<br> **at Cost**<br> **(000)** | **Sales**<br> **Proceeds**<br> **(000)** | **Market Value**<br> **02/28/2026**<br> **(000)** | **Dividend**<br> **Income**<br> **(000)** |
| AB Government Money Market Portfolio | $131537 | $282947 | $358330 | $56154 | $802 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AB Active ETFs, Inc.

- **b. Investment Company Act file number:** 811-23799

- **c. CIK number of Registrant:** 0001496608

- **d. LEI of Registrant:** 2549006ZG5WBMZRI5P66

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

  - **Street Address 1:** ALLIANCEBERNSTEIN LP

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10001

  - **Telephone number:** 212-969-1000

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

- **a. Name of Series:** AB Ultra Short Income ETF

- **b. EDGAR series identifier (if any):** S000076880

- **c. LEI of Series:** 254900LNMZU3RC64M909

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

- **a. Date of fiscal year-end:** 2026-11-30

- **b. Date as of which information is reported:** 2026-02-28

**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:** $1465323004.82

**Total Liabilities:** $276606.60

**Net Assets:** $1465046398.22

**Cash Not Reported:** $682544.89

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -14518.67000000 | **1-Year:** -9772.09000000 | **5-Year:** -88.95000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** -806.25000000 | **1-Year:** -2965.54000000 | **5-Year:** -510.97000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000237019 | 0.32%                | 0.29%                | 0.38%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $29088.84                | $-161631.80                                |
| Month 2  | $112468.24               | $-649705.31                                |
| Month 3  | $249.39                  | $398517.16                                 |

### Schedule of Portfolio Investments

| Name                                                   | Title                                                               | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| HCA Inc                                                | HCA Inc                                                             | CUSIP: 40412DE70<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | STIV             | CORP              | US        |   3700000 | PA      | $3670335.62   | 0.25%             | 2026-05-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                                | Fidelity National Information Services Inc                          | CUSIP: 31620MBR6<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |   7217000 | PA      | $7217000.00   | 0.49%             | 2026-03-01      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                 | US 5YR NOTE (CBT) JUN26                                             | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       337 | NC      | $202726.74    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AVIATION CAPITAL GROUP                                 | Aviation Capital Group LLC                                          | CUSIP: 05369AAL5<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    368000 | PA      | $363554.56    | 0.02%             | 2026-09-20      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| JABIL INC                                              | Jabil Inc                                                           | CUSIP: 466313AL7<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |   7005000 | PA      | $6981743.40   | 0.48%             | 2026-04-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                                   | ERAC USA Finance LLC                                                | CUSIP: 26882SD94<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | STIV             | CORP              | US        |   7300000 | PA      | $7267296.00   | 0.50%             | 2026-04-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Alliance Bernstein                                     | AB Fixed Income Shares, Inc. - Government Money Market Portfolio    | CUSIP: 018616748<br>LEI: 5493006YWHO7MNK2U579 | Long             | STIV             | RF                | US        |  56153733 | NS      | $56153733.34  | 3.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Tricolor Auto Securitization Trust                     | Tricolor Auto Securitization Trust 2024-1                           | CUSIP: 89616LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    423540 | PA      | $398804.91    | 0.03%             | 2027-10-15      | Fixed         | 6.61%                 | No            |                  3 | On Loan: No      |
| Stellantis Financial Underwritten Enhanced Lease Trust | Stellantis Financial Underwritten Enhanced Lease Trust 2025-A       | CUSIP: 858928AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5130636 | PA      | $5145260.99   | 0.35%             | 2027-07-20      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch InBev Worldwide Inc                     | Anheuser-Busch InBev Worldwide Inc                                  | CUSIP: 03523LE43<br>LEI: 549300CRGMZK3K53BF92 | Long             | STIV             | CORP              | US        |    540000 | PA      | $536184.52    | 0.04%             | 2026-05-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                     | BMW US Capital LLC                                                  | CUSIP: 05565EAH8<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1097965.00   | 0.07%             | 2026-04-11      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Exeter Select Automobile Receivables Trust             | Exeter Select Automobile Receivables Trust 2025-1                   | CUSIP: 30185AAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2814676 | PA      | $2821811.99   | 0.19%             | 2028-10-16      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                  | Athene Global Funding                                               | CUSIP: 04685A3V1<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   6955000 | PA      | $6973361.20   | 0.48%             | 2026-05-08      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                | Dell International LLC / EMC Corp                                   | CUSIP: 24703TAE6<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |   2039000 | PA      | $2045504.41   | 0.14%             | 2026-10-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                      | General Mills Inc                                                   | CUSIP: 370334CX0<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |   7095000 | PA      | $7140053.25   | 0.49%             | 2027-01-30      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST                                         | ACHV ABS TRUST 2024-2PL                                             | CUSIP: 00092HAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1699690 | PA      | $1708571.62   | 0.12%             | 2031-10-27      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| U.S. Bank National Association                         | US Bank NA                                                          | CUSIP: 90357PAV6<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | ABS-O            | CORP              | US        |    509753 | PA      | $514798.14    | 0.04%             | 2032-08-25      | Fixed         | 6.79%                 | No            |                  2 | On Loan: No      |
| ARCELORMITTAL                                          | ArcelorMittal SA                                                    | CUSIP: 03938LBA1<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |   6500000 | PA      | $6499415.00   | 0.44%             | 2026-03-11      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                         | Lowe's Cos Inc                                                      | CUSIP: 548661DM6<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |   4625000 | PA      | $4616490.00   | 0.32%             | 2026-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                               | AerCap Ireland Capital DAC / AerCap Global Aviation Trust           | CUSIP: 00774MAV7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   5148000 | PA      | $5097498.12   | 0.35%             | 2026-10-29      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                           | UBS Group AG                                                        | CUSIP: 90351DAF4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   7159000 | PA      | $7159000.00   | 0.49%             | 2026-04-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| STRIKE ACCEPTANCE AUTO FUNDING TRUST                   | Strike Acceptance Auto Funding Trust 2025-1                         | CUSIP: 86332RAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1567449 | PA      | $1575223.21   | 0.11%             | 2032-04-15      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo Funding LLC                            | Intesa Sanpaolo Funding LLC                                         | CUSIP: 4611K1LL7<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  14000000 | PA      | $13582934.40  | 0.93%             | 2026-11-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Notes                                                 | CUSIP: 91282CME8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  62295000 | PA      | $62647842.62  | 4.28%             | 2026-12-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ACM Auto Trust                                         | ACM Auto Trust 2025-2                                               | CUSIP: 00161TAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2294341 | PA      | $2297755.66   | 0.16%             | 2028-06-20      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Floating Rate Notes                                   | CUSIP: 91282CMX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  45000000 | PA      | $45048677.85  | 3.07%             | 2027-04-30      | Floating      | 3.78%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                             | US Bancorp                                                          | CUSIP: 91159HHM5<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |   1424000 | PA      | $1421650.40   | 0.10%             | 2026-04-27      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                             | FedEx Corp                                                          | CUSIP: 31428XBF2<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |   7424000 | PA      | $7418580.48   | 0.51%             | 2026-04-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| VW CREDIT INC                                          | VW Credit Inc                                                       | CUSIP: 91842KC38<br>LEI: 549300UUPJ2NXDB68M19 | Long             | STIV             | CORP              | US        |   7400000 | PA      | $7396841.68   | 0.50%             | 2026-03-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CarMax Select Receivables Trust                        | CarMax Select Receivables Trust 2025-A                              | CUSIP: 14319UAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3305408 | PA      | $3313939.34   | 0.23%             | 2028-05-15      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                               | AT&T Inc                                                            | CUSIP: 00206RML3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   7238000 | PA      | $7225912.54   | 0.49%             | 2026-03-25      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| NMEF Funding LLC                                       | NMEF Funding 2023-A LLC                                             | CUSIP: 62890QAB1<br>LEI: 549300LKWL3P0UPHKL72 | Long             | ABS-O            | CORP              | US        |    265454 | PA      | $266573.69    | 0.02%             | 2030-06-17      | Fixed         | 6.57%                 | No            |                  2 | On Loan: No      |
| Arivo Acceptance Auto Loan Receivables Trust           | Arivo Acceptance Auto Loan Receivables Trust 2024-1                 | CUSIP: 039943AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    149176 | PA      | $149899.37    | 0.01%             | 2028-04-17      | Fixed         | 6.46%                 | No            |                  2 | On Loan: No      |
| AON CORP                                               | Aon Corp                                                            | CUSIP: 037389AK9<br>LEI: LTS3U8DGK38SETRUWX71 | Long             | DBT              | CORP              | US        |   1542000 | PA      | $1592916.84   | 0.11%             | 2027-01-01      | Fixed         | 8.21%                 | No            |                  2 | On Loan: No      |
| Verdant Receivables LLC                                | Verdant Receivables 2023-1 LLC                                      | CUSIP: 92339GAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    473700 | PA      | $481538.77    | 0.03%             | 2031-01-13      | Fixed         | 6.24%                 | No            |                  2 | On Loan: No      |
| Macquarie Group Ltd                                    | Macquarie Group Ltd                                                 | CUSIP: 55608VF22<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | STIV             | CORP              | AU        |   7200000 | PA      | $7127220.24   | 0.49%             | 2026-06-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| VALERO ENERGY CORP                                     | Valero Energy Corp                                                  | CUSIP: 91913YAU4<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |   7323000 | PA      | $7300591.62   | 0.50%             | 2026-09-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Dext ABS                                               | Dext ABS 2023-1 LLC                                                 | CUSIP: 25216BAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    102161 | PA      | $102618.85    | 0.01%             | 2032-03-15      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                       | Societe Generale SA                                                 | CUSIP: 83368RBZ4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   7300000 | PA      | $7379570.00   | 0.50%             | 2027-02-19      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MOLSON COORS BEVERAGE                                  | Molson Coors Beverage Co                                            | CUSIP: 60871RAG5<br>LEI: 54930073LBBH6ZCBE225 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7471125.00   | 0.51%             | 2026-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                                | Nationwide Building Society                                         | CUSIP: 63859WAE9<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   7180000 | PA      | $7161978.20   | 0.49%             | 2026-09-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Macquarie Group Ltd                                    | Macquarie Group Ltd                                                 | CUSIP: 55608VF55<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | STIV             | CORP              | AU        |   7300000 | PA      | $7223873.41   | 0.49%             | 2026-06-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                    | American Tower Corp                                                 | CUSIP: 03027XAK6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |   7327000 | PA      | $7295933.52   | 0.50%             | 2026-10-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                               | Lloyds Banking Group PLC                                            | CUSIP: 53944YAB9<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | US        |   1491000 | PA      | $1491432.39   | 0.10%             | 2026-03-24      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                 | US 2YR NOTE (CBT) JUN26                                             | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       315 | NC      | $110515.86    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Research-Driven Pagaya Motor Asset Trust I             | Research-Driven Pagaya Motor Trust 2024-1                           | CUSIP: 76088YAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    390603 | PA      | $391380.69    | 0.03%             | 2032-06-25      | Fixed         | 7.09%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                | MPLX LP                                                             | CUSIP: 55336VBR0<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   7210000 | PA      | $7210000.00   | 0.49%             | 2026-03-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| PEAC Solutions Receivables LLC                         | PEAC Solutions Receivables 2024-2 LLC                               | CUSIP: 69392BAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2244045 | PA      | $2248324.04   | 0.15%             | 2027-04-20      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                               | EQT Corp                                                            | CUSIP: 26884LAM1<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   2401000 | PA      | $2394709.38   | 0.16%             | 2026-05-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor Asset Trust I             | Research-Driven Pagaya Motor Asset Trust 2025-4                     | CUSIP: 76089MAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7300000 | PA      | $7335656.12   | 0.50%             | 2034-04-25      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                         | Pagaya AI Debt Grantor Trust 2024-5                                 | CUSIP: 69544LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    265339 | PA      | $266307.02    | 0.02%             | 2031-10-15      | Fixed         | 6.28%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                | BPCE SA                                                             | CUSIP: 05578QAE3<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |  13939000 | PA      | $13945272.55  | 0.95%             | 2026-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                  | Wells Fargo & Co                                                    | CUSIP: 94974BFY1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  21021000 | PA      | $21014903.91  | 1.43%             | 2026-06-03      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| BAT INTL FINANCE PLC                                   | BAT International Finance PLC                                       | CUSIP: 05530QAN0<br>LEI: 21380041YBGOQDFAC823 | Long             | DBT              | CORP              | GB        |   4884000 | PA      | $4873499.40   | 0.33%             | 2026-03-25      | Fixed         | 1.67%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                                 | Brixmor Operating Partnership LP                                    | CUSIP: 11120VAC7<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |   3025000 | PA      | $3021642.25   | 0.21%             | 2026-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                 | Mitsubishi UFJ Financial Group Inc                                  | CUSIP: 606822AD6<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | US        |   7379000 | PA      | $7379000.00   | 0.50%             | 2026-03-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA                               | Cooperatieve Rabobank UA                                            | CUSIP: 21684AAF3<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |  20631000 | PA      | $20598815.64  | 1.41%             | 2026-07-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                          | Lendbuzz Securitization Trust 2023-2                                | CUSIP: 52608MAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    328592 | PA      | $332652.11    | 0.02%             | 2028-10-16      | Fixed         | 7.09%                 | No            |                  2 | On Loan: No      |
| Prestige Auto Receivables Trust                        | Prestige Auto Receivables Trust 2025-1                              | CUSIP: 74113UAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2595762 | PA      | $2597986.08   | 0.18%             | 2027-12-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| Affirm Inc                                             | Affirm Asset Securitization Trust 2025-X2                           | CUSIP: 00835DAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2823725 | PA      | $2826962.47   | 0.19%             | 2030-10-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| CMS ENERGY CORP                                        | CMS Energy Corp                                                     | CUSIP: 125896BQ2<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |   1020000 | PA      | $1018062.00   | 0.07%             | 2026-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                               | Western Midstream Operating LP                                      | CUSIP: 958254AF1<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |   5236000 | PA      | $5235109.88   | 0.36%             | 2026-07-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                         | Pagaya AI Debt Trust 2024-3                                         | CUSIP: 69547XAA0<br>LEI: 254900ULYEY0HX0PKA54 | Long             | ABS-O            | CORP              | US        |    279813 | PA      | $280057.40    | 0.02%             | 2031-10-15      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| SVENSKA HANDELSBANKEN AB                               | Svenska Handelsbanken AB                                            | CUSIP: 86959LAH6<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |    500000 | PA      | $496400.00    | 0.03%             | 2027-06-11      | Fixed         | 1.42%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD                                          | Aircastle Ltd                                                       | CUSIP: 00928QAS0<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |   7564000 | PA      | $7558175.72   | 0.52%             | 2026-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                         | Pagaya AI Debt Trust 2024-2                                         | CUSIP: 694961AA1<br>LEI: 254900ULYEY0HX0PKA54 | Long             | ABS-O            | CORP              | US        |    432133 | PA      | $432538.54    | 0.03%             | 2031-08-15      | Fixed         | 6.32%                 | No            |                  2 | On Loan: No      |
| Arivo Acceptance Auto Loan Receivables Trust           | Arivo Acceptance Auto Loan Receivables Trust 2025-1                 | CUSIP: 039962AF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5372745 | PA      | $5394353.26   | 0.37%             | 2029-05-15      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                          | Citigroup Inc                                                       | CUSIP: 172967KJ9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  20610000 | PA      | $20595160.80  | 1.41%             | 2026-03-09      | Fixed         | 4.60%                 | 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        |   3747972 | PA      | $3755143.35   | 0.26%             | 2028-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Upstart Securitization Trust                           | Upstart Securitization Trust 2023-3                                 | CUSIP: 91684MAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     37524 | PA      | $37591.04     | 0.00%             | 2033-10-20      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| BROADRIDGE FINANCIAL SOL                               | Broadridge Financial Solutions Inc                                  | CUSIP: 11133TAC7<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | DBT              | CORP              | US        |   7497000 | PA      | $7474509.00   | 0.51%             | 2026-06-27      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| WESTERN UNION CO/THE                                   | Western Union Co/The                                                | CUSIP: 959802AZ2<br>LEI: 28ID94QU1140NC23S047 | Long             | DBT              | CORP              | US        |   6725000 | PA      | $6717333.50   | 0.46%             | 2026-03-15      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                                        | Nordea Bank Abp                                                     | CUSIP: 65559CAE1<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |   2192000 | PA      | $2161640.80   | 0.15%             | 2026-09-30      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                               | RTX Corp                                                            | CUSIP: 75513ECT6<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |   7061000 | PA      | $7130339.02   | 0.49%             | 2026-11-08      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                    | Elevance Health Inc                                                 | CUSIP: 036752BG7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |   6795000 | PA      | $6813346.50   | 0.47%             | 2026-10-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                              | ONEOK Inc                                                           | CUSIP: 682680CL5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   4803000 | PA      | $4806458.16   | 0.33%             | 2026-07-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Service Experts Issuer                                 | Service Experts Issuer 2024-1 LLC                                   | CUSIP: 81758FAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3359156 | PA      | $3450625.99   | 0.24%             | 2035-11-20      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Notes                                                 | CUSIP: 91282CMY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  35227000 | PA      | $35328828.22  | 2.41%             | 2027-04-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Notes                                                 | CUSIP: 91282CMV0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  44306000 | PA      | $44477339.72  | 3.04%             | 2027-03-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                              | ONEOK Inc                                                           | CUSIP: 682680BH5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   2503000 | PA      | $2525051.43   | 0.17%             | 2026-11-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| PULTEGROUP INC                                         | PulteGroup Inc                                                      | CUSIP: 745867AX9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7099000 | PA      | $7136695.69   | 0.49%             | 2027-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Equify ABS, LLC                                        | Equify ABS 2024-1 LLC                                               | CUSIP: 29445TAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1474075 | PA      | $1479456.58   | 0.10%             | 2033-04-18      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| Upstart Securitization Trust                           | Upstart Securitization Trust                                        | CUSIP: 91684NAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1665488 | PA      | $1672399.38   | 0.11%             | 2034-11-20      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| ACM Auto Trust                                         | ACM Auto Trust 2024-2                                               | CUSIP: 00461WAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    313578 | PA      | $313740.39    | 0.02%             | 2029-02-20      | Fixed         | 6.06%                 | No            |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                          | Lendbuzz Securitization Trust 2023-3                                | CUSIP: 525931AB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    413789 | PA      | $421360.21    | 0.03%             | 2028-12-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor Asset Trust I             | Research-Driven Pagaya Motor Asset Trust 2023-3                     | CUSIP: 76089RAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    671893 | PA      | $673266.51    | 0.05%             | 2032-01-26      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Lobel Automobile Receivables Trust                     | Lobel Automobile Receivables Trust 2025-1                           | CUSIP: 53948RAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1291738 | PA      | $1293699.02   | 0.09%             | 2027-11-15      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                       | Ryder System Inc                                                    | CUSIP: 78355HKS7<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |   6421000 | PA      | $6345232.20   | 0.43%             | 2026-09-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| RCKT Trust                                             | RCKT Trust 2025-PL1                                                 | CUSIP: 74939RAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5307065 | PA      | $5319671.55   | 0.36%             | 2034-07-25      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| VFI ABS LLC                                            | VFI ABS 2025-1 LLC                                                  | CUSIP: 91824UAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4885241 | PA      | $4910245.40   | 0.34%             | 2030-06-24      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| SAFCO Auto Receivables Trust                           | SAFCO Auto Receivables Trust 2025-1                                 | CUSIP: 785923AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3673334 | PA      | $3672156.86   | 0.25%             | 2029-09-10      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                      | Sysco Corp                                                          | CUSIP: 871829BC0<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |   7321000 | PA      | $7299695.89   | 0.50%             | 2026-07-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                         | Morgan Stanley                                                      | CUSIP: 6174467Y9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  20391000 | PA      | $20413022.28  | 1.39%             | 2026-09-08      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| United Auto Credit Securitization Trust                | United Auto Credit Securitization Trust 2026-1                      | CUSIP: 90945FAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7300000 | PA      | $7301170.92   | 0.50%             | 2028-06-12      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                                | Nationwide Building Society                                         | CUSIP: 63859UBH5<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   2591000 | PA      | $2552990.03   | 0.17%             | 2026-10-13      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                     | Energy Transfer LP                                                  | CUSIP: 29273VAR1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1834000 | PA      | $1858960.74   | 0.13%             | 2026-12-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                  | Toronto-Dominion Bank/The                                           | CUSIP: 89115A2S0<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   7236000 | PA      | $7280429.04   | 0.50%             | 2026-07-17      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Notes                                                 | CUSIP: 91282CMN8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 119973000 | PA      | $121903815.47 | 8.32%             | 2028-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BOF URSA FUNDING                                       | BOF VII AL Funding Trust I                                          | CUSIP: 097093AB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    581609 | PA      | $591612.28    | 0.04%             | 2032-07-26      | Fixed         | 6.29%                 | No            |                  2 | On Loan: No      |
| SPECTRA ENERGY PARTNERS                                | Spectra Energy Partners LP                                          | CUSIP: 84756NAH2<br>LEI: 2HKVXE7U4NF5B6UGSU72 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7468725.00   | 0.51%             | 2026-10-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                         | Pagaya AI Debt Grantor Trust 2026-1                                 | CUSIP: 694969AB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1000834.20   | 0.07%             | 2033-09-15      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| Imperial Brands Finance PLC                            | Imperial Brands Finance PLC                                         | CUSIP: 45262EDL8<br>LEI: 2138008L3B3MCG1DFS50 | Long             | STIV             | CORP              | GB        |   7200000 | PA      | $7159876.56   | 0.49%             | 2026-04-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                 | Santander Drive Auto Receivables Trust 2025-2                       | CUSIP: 80287NAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2071598 | PA      | $2073982.02   | 0.14%             | 2028-06-15      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| Upgrade Master Pass-Thru Trust                         | Upgrade Master Pass-Thru Trust Series 2025-ST5                      | CUSIP: 91535BAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4504659 | PA      | $4515851.59   | 0.31%             | 2032-09-15      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                               | Toyota Motor Credit Corp                                            | CUSIP: 89236TKT1<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   3074000 | PA      | $3077688.80   | 0.21%             | 2026-05-18      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                    | Charles Schwab Corp/The                                             | CUSIP: 808513BR5<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4972300.00   | 0.34%             | 2026-05-13      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL FINANCIAL GRP                                | Principal Financial Group Inc                                       | CUSIP: 74251VAM4<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |   7300000 | PA      | $7254886.00   | 0.50%             | 2026-11-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE NA                                         | Capital One NA                                                      | CUSIP: 25466AAE1<br>LEI: 207ALC1P1YM0OVDV0K75 | Long             | DBT              | CORP              | US        |   5334000 | PA      | $5334480.06   | 0.36%             | 2026-03-13      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                       | Societe Generale SA                                                 | CUSIP: 83368JKF6<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |  12148000 | PA      | $12142897.84  | 0.83%             | 2026-08-19      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                                  | Continental Resources Inc/OK                                        | CUSIP: 212015AU5<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |   7664000 | PA      | $7557853.60   | 0.52%             | 2026-11-15      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                               | Capital One Financial Corp                                          | CUSIP: 14040HBK0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |  14865000 | PA      | $14830661.85  | 1.01%             | 2026-07-28      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                       | ABN AMRO Bank NV                                                    | CUSIP: 00084DAL4<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |  14702000 | PA      | $14709203.98  | 1.00%             | 2026-04-18      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                 | General Motors Financial Co Inc                                     | CUSIP: 37046UCL3<br>LEI: 5493008B6JBRUJ90QL97 | Long             | STIV             | CORP              | US        |   9550000 | PA      | $9528584.13   | 0.65%             | 2026-03-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                         | Air Lease Corp                                                      | CUSIP: 00914AAB8<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   7472000 | PA      | $7461613.92   | 0.51%             | 2026-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                | HCA Inc                                                             | CUSIP: 404119BT5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1935000 | PA      | $1936915.65   | 0.13%             | 2026-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                                   | Kraft Heinz Foods Co                                                | CUSIP: 50077LAD8<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |   7405000 | PA      | $7384266.00   | 0.50%             | 2026-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CPS Auto Trust                                         | Consumer Portfolio Services Auto Trust 2025-B                       | CUSIP: 12630SAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3138228 | PA      | $3145926.89   | 0.21%             | 2029-02-15      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                            | Equinix Inc                                                         | CUSIP: 29444UBQ8<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |   7382000 | PA      | $7341325.18   | 0.50%             | 2026-05-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                         | Pagaya Ai Debt Trust 2025-R1                                        | CUSIP: 69547CAB4<br>LEI: 254900ULYEY0HX0PKA54 | Long             | ABS-O            | CORP              | US        |   6323300 | PA      | $6362949.14   | 0.43%             | 2032-06-15      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                             | Fiserv Inc                                                          | CUSIP: 337738AT5<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |   1911000 | PA      | $1904502.60   | 0.13%             | 2026-07-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                 | American Honda Finance Corp                                         | CUSIP: 02665WEK3<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   8903000 | PA      | $8942084.17   | 0.61%             | 2026-07-07      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Floating Rate Notes                                   | CUSIP: 91282CLA7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 111000000 | PA      | $111058257.24 | 7.58%             | 2026-07-31      | Floating      | 3.81%                 | No            |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Securitization Trust          | Bridgecrest Lending Auto Securitization Trust 2025-2                | CUSIP: 10807HAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1927338 | PA      | $1929580.52   | 0.13%             | 2028-01-18      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                | Goldman Sachs Group Inc/The                                         | CUSIP: 38141GES9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6097800.00   | 0.42%             | 2027-01-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| MARATHON PETROLEUM CORP                                | Marathon Petroleum Corp                                             | CUSIP: 56585ABC5<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |   7426000 | PA      | $7468402.46   | 0.51%             | 2026-12-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELEC POWER                                | Southwestern Electric Power Co                                      | CUSIP: 845437BP6<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |   7570000 | PA      | $7512543.70   | 0.51%             | 2026-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust                  | Mission Lane Credit Card Master Trust                               | CUSIP: 60510MBE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5900000 | PA      | $5928131.79   | 0.40%             | 2030-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| OMNICOM GP/OMNICOM CAP                                 | Omnicom Group Inc / Omnicom Capital Inc                             | CUSIP: 68217FAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4618000 | PA      | $4616060.44   | 0.32%             | 2026-04-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Tricolor Auto Securitization Trust                     | Tricolor Auto Securitization Trust 2025-1                           | CUSIP: 89617CAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2015275 | PA      | $1163985.07   | 0.08%             | 2029-02-15      | Fixed         | 4.94%                 | No            |                  3 | On Loan: No      |
| Reach Financial LLC                                    | Reach Abs Trust 2026-1                                              | CUSIP: 75526XAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3300195 | PA      | $3300072.38   | 0.23%             | 2033-02-15      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                         | Pagaya AI Debt Grantor Trust 2024-6 And Pagaya AI Debt Trust 2024-6 | CUSIP: 69548KAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    494565 | PA      | $496088.95    | 0.03%             | 2031-11-15      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                 | General Motors Financial Co Inc                                     | CUSIP: 37045XDK9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   5604000 | PA      | $5562754.56   | 0.38%             | 2026-06-10      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Merchants Fleet Funding LLC                            | Merchants Fleet Funding LLC                                         | CUSIP: 588926AA3<br>LEI: 254900Z2OOQUA5IN2X83 | Long             | ABS-O            | CORP              | US        |    987085 | PA      | $990290.85    | 0.07%             | 2036-05-20      | Fixed         | 7.21%                 | No            |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                          | Lendbuzz Securitization Trust 2026-1                                | CUSIP: 525952AB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2104000 | PA      | $2106585.82   | 0.14%             | 2030-07-15      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                          | UniCredit SpA                                                       | CUSIP: 904678AW9<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |   7300000 | PA      | $7260288.00   | 0.50%             | 2027-06-03      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor Asset Trust I             | Research-Driven Pagaya Motor Asset Trust 2023-4                     | CUSIP: 76088UAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    418361 | PA      | $419349.49    | 0.03%             | 2032-03-25      | Fixed         | 7.54%                 | No            |                  2 | On Loan: No      |
| Marlette Funding Trust                                 | Marlette Funding Trust 2025-1                                       | CUSIP: 570920AA6<br>LEI: 549300JRCMNFIBT50883 | Long             | ABS-O            | CORP              | US        |   2428546 | PA      | $2432138.19   | 0.17%             | 2035-07-16      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| First Help Financial LLC                               | FHF Issuer Trust 2023-2                                             | CUSIP: 30333LAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    342821 | PA      | $346175.84    | 0.02%             | 2029-10-15      | Fixed         | 6.79%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Notes                                                 | CUSIP: 91282CNM9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  36967000 | PA      | $37374214.79  | 2.55%             | 2028-07-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BUNGE LTD FINANCE CORP                                 | Bunge Ltd Finance Corp                                              | CUSIP: 120568AX8<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |   7423000 | PA      | $7394792.60   | 0.50%             | 2026-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                    | Charles Schwab Corp/The                                             | CUSIP: 8085A3F59<br>LEI: 549300VSGCJ7E698NM85 | Long             | STIV             | CORP              | US        |   7300000 | PA      | $7226870.06   | 0.49%             | 2026-06-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                        | CVS Health Corp                                                     | CUSIP: 126650DF4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   6082000 | PA      | $6052380.66   | 0.41%             | 2026-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                           | Barclays PLC                                                        | CUSIP: 06738EAP0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |  14273000 | PA      | $14288272.11  | 0.98%             | 2026-05-12      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                                    | CDW LLC / CDW Finance Corp                                          | CUSIP: 12513GBG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7389000 | PA      | $7311267.72   | 0.50%             | 2026-12-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| WESTLAKE CORP                                          | Westlake Corp                                                       | CUSIP: 960413AT9<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | DBT              | CORP              | US        |   7601000 | PA      | $7581769.47   | 0.52%             | 2026-08-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Tricolor Auto Securitization Trust                     | Tricolor Auto Securitization Trust 2024-3                           | CUSIP: 89617AAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    784885 | PA      | $682849.54    | 0.05%             | 2028-06-15      | Fixed         | 5.22%                 | No            |                  3 | On Loan: No      |
| ORACLE CORP                                            | Oracle Corp                                                         | CUSIP: 68389XBM6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   7378000 | PA      | $7334174.68   | 0.50%             | 2026-07-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                | Dell International LLC / EMC Corp                                   | CUSIP: 24703TAD8<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |   1451000 | PA      | $1451943.15   | 0.10%             | 2026-06-15      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Notes                                                 | CUSIP: 91282CMU2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  28039000 | PA      | $28601970.69  | 1.95%             | 2030-03-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pagaya Point of Sale Holdings Grantor Trust            | Pagaya Point of Sale Holdings Grantor Trust 2025-1                  | CUSIP: 694952AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7000000 | PA      | $7040216.40   | 0.48%             | 2034-01-20      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| COX COMMUNICATIONS INC                                 | Cox Communications Inc                                              | CUSIP: 224044CG0<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |   7220000 | PA      | $7190614.60   | 0.49%             | 2026-09-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                         | Pagaya AI Debt Grantor Trust 2025-3                                 | CUSIP: 69544TAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2658964 | PA      | $2690210.17   | 0.18%             | 2032-12-15      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                | Goldman Sachs Group Inc/The                                         | CUSIP: 38141GWB6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   8500000 | PA      | $8495920.00   | 0.58%             | 2027-01-26      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Oportun Funding LLC                                    | Oportun Funding Trust 2024-3                                        | CUSIP: 68377NAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     28160 | PA      | $28167.69     | 0.00%             | 2029-08-15      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                               | Ford Motor Credit Co LLC                                            | CUSIP: 345397D26<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1731000 | PA      | $1739897.34   | 0.12%             | 2026-06-10      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| BHP BILLITON FIN USA LTD                               | BHP Billiton Finance USA Ltd                                        | CUSIP: 055450AH3<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | CORP              | AU        |   4510000 | PA      | $4510000.00   | 0.31%             | 2026-03-01      | Fixed         | 6.42%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                   | Bank of America Corp                                                | CUSIP: 06051GFU8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  19527000 | PA      | $19527000.00  | 1.33%             | 2026-03-03      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Tricolor Auto Securitization Trust                     | Tricolor Auto Securitization Trust 2024-2                           | CUSIP: 89616PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    368983 | PA      | $344998.82    | 0.02%             | 2027-12-15      | Fixed         | 6.36%                 | No            |                  3 | On Loan: No      |
| ACM Auto Trust                                         | ACM Auto Trust 2025-1                                               | CUSIP: 00161EAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    361690 | PA      | $361735.53    | 0.02%             | 2029-06-20      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                            | BNP Paribas SA                                                      | CUSIP: 05565AAR4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |  15464000 | PA      | $15461216.48  | 1.06%             | 2026-05-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                      | HSBC Holdings PLC                                                   | CUSIP: 404280BH1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | US        |   7564000 | PA      | $7583439.48   | 0.52%             | 2026-11-23      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ENTERGY CORP                                           | Entergy Corp                                                        | CUSIP: 29364GAJ2<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   7523000 | PA      | $7480570.28   | 0.51%             | 2026-09-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Affirm Inc                                             | Affirm Asset Securitization Trust 2025-X1                           | CUSIP: 00834MAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1126942 | PA      | $1128397.85   | 0.08%             | 2030-04-15      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                            | Nutrien Ltd                                                         | CUSIP: 67077MAE8<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |   7292000 | PA      | $7292802.12   | 0.50%             | 2026-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                 | U.S. Treasury Notes                                                 | CUSIP: 91282CPE5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  81423000 | PA      | $81518417.99  | 5.56%             | 2027-10-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                    | JPMorgan Chase & Co                                                 | CUSIP: 46625HJZ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  20375000 | PA      | $20400265.00  | 1.39%             | 2026-12-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Receivables Trust           | American Credit Acceptance Receivables Trust 2025-2                 | CUSIP: 024938AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2658627 | PA      | $2662713.78   | 0.18%             | 2028-09-12      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| OCCU Auto Receivables Trust                            | OCCU Auto Receivables Trust 2025-1                                  | CUSIP: 67098SAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5515298 | PA      | $5529478.58   | 0.38%             | 2028-04-17      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                        | Cigna Group/The                                                     | CUSIP: 125523CP3<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |   6695000 | PA      | $6684689.70   | 0.46%             | 2026-03-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                          | Lendbuzz Securitization Trust 2023-1                                | CUSIP: 52608LAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    216995 | PA      | $219458.38    | 0.01%             | 2028-08-15      | Fixed         | 6.92%                 | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** AB Active ETFs, Inc.

**Signature:** Stephen Woetzel

**Name of Signer:** Stephen Woetzel

**Title:** Controller