# EDGAR Filing Document

**Accession Number:** 0000778207
**File Stem:** 0001752724-23-049049
**Filing Date:** 2023-3
**Character Count:** 151327
**Document Hash:** c22c0d313622181ed9817618151a4eb0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-049049.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001752724-23-049049

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TRANSAMERICA SERIES TRUST
- **CENTRAL INDEX KEY:** 0000778207
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04419
- **FILM NUMBER:** 23690765

**BUSINESS ADDRESS:**
- **STREET 1:** 1801 CALIFORNIA STREET
- **STREET 2:** SUITE 5200
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202
- **BUSINESS PHONE:** 720-482-8836

**MAIL ADDRESS:**
- **STREET 1:** 1801 CALIFORNIA STREET
- **STREET 2:** SUITE 5200
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AEGON/TRANSAMERICA SERIES TRUST
- **DATE OF NAME CHANGE:** 20050511

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AEGON/TRANSAMERICA SERIES FUND INC
- **DATE OF NAME CHANGE:** 20010501

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WRL SERIES FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Transamerica PIMCO Tactical - Growth VP (Series ID: S000025014)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000074413 | Service      |  |
| C000074414 | Initial      |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** TRANSAMERICA SERIES TRUST

- **b. Investment Company Act file number:** 811-04419

- **c. CIK number of Registrant:** 0000778207

- **d. LEI of Registrant:** 5493000QR1WGXIM5V222

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

  - **Street Address 1:** 1801 CALIFORNIA STREET

  - **City:** DENVER

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80202

  - **Telephone number:** 720-493-4256

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

- **a. Name of Series:** Transamerica PIMCO Tactical - Growth VP

- **b. EDGAR series identifier (if any):** S000025014

- **c. LEI of Series:** W7KXBK9JBA0NRDSFCY41

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

- **a. Date of fiscal year-end:** 2022-12-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $301584840.16

**Total Liabilities:** $40994506.50

**Net Assets:** $260590333.66

**Delayed Delivery Securities:** $31300378.94

**Cash Not Reported:** $3693249.95

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -124.70000000 | **1-Year:** -2772.04000000 | **5-Year:** -7367.44000000 | **10-Year:** -6378.71000000 | **30-Year:** -4463.23000000

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

- **3-Month:** -9.18000000 | **1-Year:** -316.48000000 | **5-Year:** -907.58000000 | **10-Year:** -846.65000000 | **30-Year:** -624.22000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000074414 | 2.01%                | 4.98%                | -3.09%               |
| Class ID C000074413 | 1.95%                | 5.02%                | -3.19%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-766165.84              | $-1155804.10                               |
| Month 2  | $-22114.27               | $3572731.17                                |
| Month 3  | $-291511.97              | $-111969.89                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AMER AIRLINE 16-3 A PTT                                                         | American Airlines Pass-Through Trust                                              | CUSIP: 023771S25<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     72141 | PA      | $56053.76     | 0.02%             | 2028-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FERGUSON FINANCE PLC                                                            | Ferguson Finance PLC                                                              | CUSIP: 314890AB0<br>LEI: 2138003A7ZEU931DZL61 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $254505.68    | 0.10%             | 2030-06-02      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                    | Broadcom, Inc.                                                                    | CUSIP: 11135FBQ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    100000 | PA      | $72056.18     | 0.03%             | 2036-11-15      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                             | American Tower Corp.                                                              | CUSIP: 03027XBC3<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    100000 | PA      | $79402.08     | 0.03%             | 2030-06-15      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                          | Mitsubishi UFJ Financial Group, Inc.                                              | CUSIP: 606822CQ5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    300000 | PA      | $298024.28    | 0.11%             | 2025-09-12      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                           | Wells Fargo & Co.                                                                 | CUSIP: 95000U2F9<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    200000 | PA      | $185452.00    | 0.07%             | 2027-06-17      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                        | Lloyds Banking Group PLC                                                          | CUSIP: 539439AR0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $190142.64    | 0.07%             | 2028-03-22      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                             | Global Payments, Inc.                                                             | CUSIP: 37940XAP7<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    300000 | PA      | $291530.78    | 0.11%             | 2027-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Birch Grove CLO Ltd.                                                            | Birch Grove CLO Ltd.                                                              | CUSIP: 09075JAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    300000 | PA      | $293462.10    | 0.11%             | 2031-06-15      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                                                   | Purchased USD / Sold GBP                                                          | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | US        |         1 | NC      | $3209.53      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                        | Constellation Brands, Inc.                                                        | CUSIP: 21036PBL1<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193084.00    | 0.07%             | 2032-05-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                                                             | Sound Point CLO IX Ltd.                                                           | CUSIP: 83609GBN4<br>LEI: 549300W2FX6HEXN27U70 | Long             | ABS-CBDO         | CORP              | KY        |    100000 | PA      | $97226.80     | 0.04%             | 2032-07-20      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F040628<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8100000 | PA      | $7605466.16   | 2.92%             | 2053-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Berry Global Inc                                                                | Berry Global, Inc.                                                                | CUSIP: 085770AA3<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192273.47    | 0.07%             | 2026-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810TA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1700000 | PA      | $1172003.90   | 0.45%             | 2041-08-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Zephyrus Capital Aviation Partners 2018-1 LLC                                   | Zephyrus Capital Aviation Partners LLC                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    255676 | PA      | $216132.35    | 0.08%             | 2038-10-15      | Fixed         | 4.61%                 | No            |                  3 | On Loan: No      |
| BANK OF AMERICA CORP                                                            | Bank of America Corp.                                                             | CUSIP: 06051GLC1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    200000 | PA      | $206210.97    | 0.08%             | 2028-11-10      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                          | Marriott International, Inc.                                                      | CUSIP: 571903BG7<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80948.15     | 0.03%             | 2031-04-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                                                              | Dominican Republic International Bonds                                            | CUSIP: 25714PEF1<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    200000 | PA      | $166015.00    | 0.06%             | 2032-09-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA                                                        | Blackstone Holdings Finance Co. LLC                                               | CUSIP: 09261BAJ9<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100604.27    | 0.04%             | 2027-11-03      | Fixed         | 5.90%                 | No            |                  2 | On Loan: —       |
| Goldman Sachs & Co. LLC                                                         | Goldman Sachs & Co. LLC                                                           | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | Long             | RA               | CORP              | US        |  50000000 | PA      | $50000000.00  | 19.19%            |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                   | Citigroup, Inc.                                                                   | CUSIP: 172967MV0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    500000 | PA      | $426250.00    | 0.16%             | 2026-02-18      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| AHS Hospital Corp                                                               | AHS Hospital Corp.                                                                | CUSIP: 001306AB5<br>LEI: 549300D7W3C9Z4RGJG34 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193311.78    | 0.07%             | 2045-07-01      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| ILLUMINA INC                                                                    | Illumina, Inc.                                                                    | CUSIP: 452327AM1<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80317.67     | 0.03%             | 2031-03-23      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                        | Government National Mortgage Association REMICS                                   | CUSIP: 38375UXM7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    494912 | PA      | $488540.29    | 0.19%             | 2066-05-20      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2016-2 A PTT                                                         | United Airlines Pass-Through Trust                                                | CUSIP: 90932DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    220707 | PA      | $178477.88    | 0.07%             | 2028-10-07      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                                  | Purchased MXN / Sold USD                                                          | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | MX        |         1 | NC      | $35.73        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| WILLIS NORTH AMERICA INC                                                        | Willis North America, Inc.                                                        | CUSIP: 970648AL5<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193407.16    | 0.07%             | 2027-06-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Man GLG Euro CLO                                                                | Man GLG Euro CLO VI DAC                                                           | CUSIP: 000000000<br>LEI: 635400D8TYQFYNLHNR61 | Long             | ABS-CBDO         | CORP              | IE        |    299832 | PA      | $311191.20    | 0.12%             | 2032-10-15      | Floating      | 2.19%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                        | Santander U.K. Group Holdings PLC                                                 | CUSIP: 80281LAP0<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $155034.24    | 0.06%             | 2032-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3100000 | PA      | $2207054.67   | 0.85%             | 2041-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| LEASEPLAN CORPORATION NV                                                        | LeasePlan Corp. NV                                                                | CUSIP: 52206AAD2<br>LEI: 724500C60L930FVHS484 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $187620.08    | 0.07%             | 2024-10-24      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Fixed Income Clearing Corp                                                      | FIXED INC CLEARING CORP.REPO                                                      | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        | 115963753 | PA      | $115963752.69 | 44.50%            |  |  |  | No            |                  2 | On Loan: No      |
| MOTOROLA SOLUTIONS INC                                                          | Motorola Solutions, Inc.                                                          | CUSIP: 620076BT5<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |    200000 | PA      | $156772.89    | 0.06%             | 2030-11-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31416NYW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1232 | PA      | $1222.74      | 0.00%             | 2039-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                 | PHEAA Student Loan Trust                                                          | CUSIP: 69343VAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     87937 | PA      | $87186.20     | 0.03%             | 2065-11-25      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810TM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1500000 | PA      | $1478203.13   | 0.57%             | 2042-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| DAE FUNDING LLC                                                                 | DAE Funding LLC                                                                   | CUSIP: 23371DAJ3<br>LEI: 635400SZTPQL3Y1P2C76 | Long             | DBT              | CORP              | US        |    200000 | PA      | $186191.83    | 0.07%             | 2024-08-01      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810TB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    160000 | PA      | $102362.50    | 0.04%             | 2051-11-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| NYO Commercial Mortgage Trust                                                   | NYO Commercial Mortgage Trust                                                     | CUSIP: 62955HAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $271793.31    | 0.10%             | 2038-11-15      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                              | Energy Transfer LP                                                                | CUSIP: 29273RBG3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    400000 | PA      | $390008.05    | 0.15%             | 2026-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810RU4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1200000 | PA      | $969375.00    | 0.37%             | 2046-11-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: —       |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F042616<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1400000 | PA      | $1348593.75   | 0.52%             | 2053-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MortgageIT Trust                                                                | MortgageIT Trust                                                                  | CUSIP: 61915RAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      6867 | PA      | $6540.62      | 0.00%             | 2035-05-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Funding                                                     | Towd Point Mortgage Funding PLC                                                   | CUSIP: 000000000<br>LEI: 635400655NWVVZHH1395 | Long             | ABS-MBS          | CORP              | GB        |    293673 | PA      | $353930.18    | 0.14%             | 2051-10-20      | Floating      | 4.07%                 | No            |                  2 | On Loan: No      |
| JAZZ SECURITIES DAC                                                             | Jazz Securities DAC                                                               | CUSIP: 47216FAA5<br>LEI: 6354009DV8VV7K6KOO02 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $178230.00    | 0.07%             | 2029-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3138A7FZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1305 | PA      | $1291.20      | 0.00%             | 2041-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission State Highway Fund                              | Texas Transportation Commission State Highway Fund                                | CUSIP: 88283LKV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $181827.94    | 0.07%             | 2033-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                               | HSBC Holdings PLC                                                                 | CUSIP: 404280DR7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $209890.92    | 0.08%             | 2028-11-03      | Fixed         | 7.39%                 | No            |                  2 | On Loan: No      |
| State Street Global Advisors                                                    | State Street Navigator Securities Lending Government Money Market Portfolio       | CUSIP: 857492706<br>LEI: 5493008BJIBKQ5KTIF74 | Long             | STIV             | RF                | US        |   3591589 | NS      | $3591588.60   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1020000 | PA      | $864489.84    | 0.33%             | 2048-05-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                                                        | Rockies Express Pipeline LLC                                                      | CUSIP: 77340RAT4<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    200000 | PA      | $175991.10    | 0.07%             | 2030-05-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2016-1 AA PTT                                                        | United Airlines Pass-Through Trust                                                | CUSIP: 90931LAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     73617 | PA      | $66459.70     | 0.03%             | 2028-07-07      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Romark CLO Ltd                                                                  | Romark CLO Ltd.                                                                   | CUSIP: 77587UAL6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $245024.50    | 0.09%             | 2030-10-23      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                          | Credit Suisse Group AG                                                            | CUSIP: 225401AQ1<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    300000 | PA      | $256426.54    | 0.10%             | 2026-06-05      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| Citibank N.A.                                                                   | Purchased USD / Sold PEN                                                          | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $-23398.08    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                                                             | Sound Point CLO XVI Ltd.                                                          | CUSIP: 83610KAJ2<br>LEI: 549300ZK5CJ7PM7YBH85 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $246061.25    | 0.09%             | 2030-07-25      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    200000 | PA      | $128367.19    | 0.05%             | 2051-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bills                                                               | CUSIP: 912796XT1<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |    268000 | PA      | $267149.69    | 0.10%             | 2023-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                                                          | Option                                                                            | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       284 | NC      | $3643720.00   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                        | Alexandria Real Estate Equities, Inc.                                             | CUSIP: 015271AG4<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |    200000 | PA      | $189832.84    | 0.07%             | 2029-07-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Los Angeles Community College District/CA                                       | Los Angeles Community College District                                            | CUSIP: 54438CNZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $119976.84    | 0.05%             | 2042-08-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| New York State Urban Development Corp                                           | New York State Urban Development Corp.                                            | CUSIP: 650036AX4<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |    200000 | PA      | $166266.44    | 0.06%             | 2029-03-15      | Fixed         | 1.83%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                     | Swap                                                                              | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    700000 | OU      | $-38574.78    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Limited                                                                     | Swap                                                                              | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    200000 | OU      | $-11099.29    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                               | HSBC Holdings PLC                                                                 | CUSIP: 404280CR8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $207823.36    | 0.08%             | 2027-07-24      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Freddiemac Strip                                                                | Federal Home Loan Mortgage Corp. Strips                                           | CUSIP: 31325UUE4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    214937 | PA      | $19611.09     | 0.01%             | 2043-09-15      | Floating      | 1.57%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORP                                                                 | Fair Isaac Corp.                                                                  | CUSIP: 303250AF1<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90750.60     | 0.03%             | 2028-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                             | Southern California Edison Co.                                                    | CUSIP: 842400FZ1<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    300000 | PA      | $261117.89    | 0.10%             | 2043-10-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                                          | Future                                                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -102 | NC      | $52097.02     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                         | GLP Capital LP/GLP Financing II, Inc.                                             | CUSIP: 361841AH2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $58879.69     | 0.02%             | 2026-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BANCO BTG PACTUAL/CAYMAN                                                        | Banco BTG Pactual SA                                                              | CUSIP: 05971AAE1<br>LEI: 2549002JHJ73KGETOK78 | Long             | DBT              | CORP              | BR        |    200000 | PA      | $192750.00    | 0.07%             | 2025-01-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                    | Barclays PLC                                                                      | CUSIP: 06738EBZ7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $397335.87    | 0.15%             | 2026-08-09      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Brookfield Finance Inc                                                          | Brookfield Finance, Inc.                                                          | CUSIP: 11271LAC6<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    700000 | PA      | $643730.82    | 0.25%             | 2028-01-25      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                     | Swap                                                                              | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   1200000 | OU      | $212412.84    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                                                     | Swap                                                                              | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   3800000 | OU      | $7837.71      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F030629<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5700000 | PA      | $5012692.86   | 1.92%             | 2053-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3140X7ST7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1538293 | PA      | $1457104.50   | 0.56%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3138WET25<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     53224 | PA      | $49606.74     | 0.02%             | 2045-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                                        | Avolon Holdings Funding Ltd.                                                      | CUSIP: 05401AAH4<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    100000 | PA      | $92333.12     | 0.04%             | 2025-02-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                               | NatWest Group PLC                                                                 | CUSIP: 780097BG5<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $284338.38    | 0.11%             | 2029-05-18      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| Woodside Finance Ltd                                                            | Woodside Finance Ltd.                                                             | CUSIP: 980236AM5<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | AU        |     10000 | PA      | $9606.00      | 0.00%             | 2025-03-05      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31416WL67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       988 | PA      | $979.97       | 0.00%             | 2040-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                                                   | UniCredit SpA                                                                     | CUSIP: 904678AU3<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    350000 | PA      | $310204.09    | 0.12%             | 2026-09-22      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| AMGEN INC INDUSTRY                                                              | Amgen, Inc.                                                                       | CUSIP: 031162DF4<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    200000 | PA      | $159592.72    | 0.06%             | 2052-02-22      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Bank of America N.A.                                                            | Purchased USD / Sold PEN                                                          | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $-523.66      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                                                        | Omega Healthcare Investors, Inc.                                                  | CUSIP: 681936BN9<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              |  | US        |    100000 | PA      | $72567.68     | 0.03%             | 2033-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                                                         | BDS LLC                                                                           | CUSIP: 054980AA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    200000 | PA      | $191510.70    | 0.07%             | 2039-03-19      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                      | Humana, Inc.                                                                      | CUSIP: 444859BU5<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204489.70    | 0.08%             | 2028-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                                                        | Discovery Communications LLC                                                      | CUSIP: 25470DBL2<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    243000 | PA      | $146698.14    | 0.06%             | 2055-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Venture CDO Ltd                                                                 | Venture 38 CLO Ltd.                                                               | CUSIP: 92332NAS4<br>LEI: 549300EM6DS6KQH1HN07 | Long             | ABS-CBDO         | CORP              | KY        |    200000 | PA      | $194744.20    | 0.07%             | 2032-07-30      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                                                         | Purchased PEN / Sold USD                                                          | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | PE        |         1 | NC      | $254.63       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                                                     | Extended Stay America Trust                                                       | CUSIP: 30227FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    292858 | PA      | $284408.49    | 0.11%             | 2038-07-15      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                                          | CCO Holdings LLC/CCO Holdings Capital Corp.                                       | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $341022.00    | 0.13%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Worldwide Plaza Trust                                                           | Worldwide Plaza Trust                                                             | CUSIP: 98162JAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $429478.05    | 0.16%             | 2036-11-10      | Fixed         | 3.53%                 | No            |                  2 | On Loan: No      |
| SPIRIT AIR 2015-1 PTT A                                                         | Spirit Airlines Pass-Through Trust                                                | CUSIP: 84858DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     61152 | PA      | $54499.43     | 0.02%             | 2028-04-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| MLCC Mortgage Investors Inc                                                     | Merrill Lynch Mortgage Investors Trust                                            | CUSIP: 589929K56<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     54487 | PA      | $50935.89     | 0.02%             | 2028-04-25      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| KKR GROUP FINAN CO XII                                                          | KKR Group Finance Co. XII LLC                                                     | CUSIP: 48255GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $187352.99    | 0.07%             | 2032-05-17      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| La Hipotecaria SA                                                               | La Hipotecaria El Salvadorian Mortgage Trust                                      | CUSIP: 50346VAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | PA        |    221878 | PA      | $211862.80    | 0.08%             | 2046-01-15      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| ICE Futures U.S., Inc.                                                          | Future                                                                            | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               |  | US        |       414 | NC      | $-1003770.58  | -0.39%            |  |  |  | No            |                  1 | On Loan: No      |
| MOODY'S CORPORATION                                                             | Moody's Corp.                                                                     | CUSIP: 615369AX3<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |    200000 | PA      | $127047.93    | 0.05%             | 2061-11-29      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank N.A.                                                        | Swaption                                                                          | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              |  | US        |  -1600000 | NC      | $-4769.60     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HCA INC                                                                         | HCA, Inc.                                                                         | CUSIP: 404119BX6<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91517.84     | 0.04%             | 2029-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Louisiana Loc Govt Envrnmntl Fac & Cmnty Dev Auth                               | Louisiana Local Government Environmental Facilities & Community Development Auth  | CUSIP: 54627RAN0<br>LEI: 5493004WIZ1HV87IVF85 | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $185958.60    | 0.07%             | 2036-02-01      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                                                 | Sands China Ltd.                                                                  | CUSIP: 80007RAK1<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    300000 | PA      | $276837.29    | 0.11%             | 2026-01-08      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                              | Energy Transfer LP                                                                | CUSIP: 29273RAJ8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     50000 | PA      | $53343.20     | 0.02%             | 2038-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                    | UBS Group AG                                                                      | CUSIP: 902613AS7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    400000 | PA      | $387062.67    | 0.15%             | 2027-08-05      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810QT8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1290000 | PA      | $1122249.61   | 0.43%             | 2041-11-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                                          | Future                                                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       126 | NC      | $-75969.43    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| NISSAN MOTOR CO                                                                 | Nissan Motor Co. Ltd.                                                             | CUSIP: 654744AC5<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $181545.74    | 0.07%             | 2027-09-17      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| MIDWEST CONNECTOR CAPIT                                                         | Midwest Connector Capital Co. LLC                                                 | CUSIP: 59833CAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $193712.06    | 0.07%             | 2024-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810TK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1400000 | PA      | $1259781.25   | 0.48%             | 2042-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Fortress CBO Investments Ltd                                                    | FORT CRE Issuer LLC                                                               | CUSIP: 34706CAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    300000 | PA      | $292946.82    | 0.11%             | 2039-02-23      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                     | Federal Home Loan Mortgage Corp. REMICS                                           | CUSIP: 3137BEH49<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     90211 | PA      | $87959.68     | 0.03%             | 2041-02-15      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                                                            | Tencent Holdings Ltd.                                                             | CUSIP: 88032WAN6<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |    100000 | PA      | $92371.20     | 0.04%             | 2029-04-11      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                                           | Micron Technology, Inc.                                                           | CUSIP: 595112BV4<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101925.84    | 0.04%             | 2029-11-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FRESENIUS MED CARE III                                                          | Fresenius Medical Care U.S. Finance III, Inc.                                     | CUSIP: 35805BAB4<br>LEI: 5299006ZHLMXOOUVTU44 | Long             | DBT              | CORP              | US        |    200000 | PA      | $147011.30    | 0.06%             | 2031-02-16      | Fixed         | 2.38%                 | No            |                  2 | On Loan: —       |
| FEDERAL HOME LOAN BANK                                                          | Federal Home Loan Banks                                                           | CUSIP: 3130ATJX6<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   1800000 | PA      | $1800006.05   | 0.69%             | 2023-01-10      | Floating      | 4.32%                 | No            |                  2 | On Loan: No      |
| GLOBE LIFE INC                                                                  | Globe Life, Inc.                                                                  | CUSIP: 37959EAB8<br>LEI: 5493001JFHKQOPP6XA71 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94574.15     | 0.04%             | 2032-06-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| BMO Harris Bank NA                                                              | BMO Harris Bank                                                                   | CUSIP: 000000000<br>LEI: 3Y4U8VZURTYWI1W2K376 | Long             | STIV             | RF                | US        |    171000 | NS      | $171000.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic of Peru                                                                | Peruvian Government International Bonds                                           | CUSIP: 715638AX0<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    400000 | PA      | $110161.83    | 0.04%             | 2026-08-12      | Fixed         | 8.20%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                                                              | Seagate HDD Cayman                                                                | CUSIP: 81180WBG5<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    101600 | PA      | $111434.88    | 0.04%             | 2032-12-01      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                        | Government National Mortgage Association, TBA                                     | CUSIP: 21H042612<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    200000 | PA      | $194187.50    | 0.07%             | 2053-01-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DAE FUNDING LLC                                                                 | DAE Funding LLC                                                                   | CUSIP: 23371DAF1<br>LEI: 635400SZTPQL3Y1P2C76 | Long             | DBT              | CORP              | US        |    200000 | PA      | $186760.00    | 0.07%             | 2025-03-20      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| NATIONAL RETAIL PROP INC                                                        | National Retail Properties, Inc.                                                  | CUSIP: 637417AM8<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              |  | US        |    300000 | PA      | $250555.64    | 0.10%             | 2048-10-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Starwood Commercial Mortgage Trust                                              | Starwood Ltd.                                                                     | CUSIP: 78485KAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    300000 | PA      | $287348.58    | 0.11%             | 2038-11-15      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                                                | Peruvian Government International Bonds                                           | CUSIP: 000000000<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    600000 | PA      | $144733.82    | 0.06%             | 2029-02-12      | Fixed         | 5.94%                 | Yes           |                  2 | On Loan: No      |
| AEP TEXAS INC                                                                   | AEP Texas, Inc.                                                                   | CUSIP: 00108WAQ3<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96369.22     | 0.04%             | 2052-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHRISTUS HEALTH                                                                 | CHRISTUS Health                                                                   | CUSIP: 17108JAA1<br>LEI: OQUVMAC1TV7BMO6XVW61 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190374.16    | 0.07%             | 2028-07-01      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                                                     | Swap                                                                              | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |    800000 | OU      | $218352.62    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| NIAGARA MOHAWK POWER                                                            | Niagara Mohawk Power Corp.                                                        | CUSIP: 65364UAE6<br>LEI: 3T97Y9RR5EN5Y18QHB56 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77838.81     | 0.03%             | 2042-11-28      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Citibank N.A.                                                                   | Purchased BRL / Sold USD                                                          | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | BR        |         1 | NC      | $1300.90      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Fremont Home Loan Trust                                                         | Fremont Home Loan Trust                                                           | CUSIP: 35729PJF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    148374 | PA      | $140668.81    | 0.05%             | 2035-06-25      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| DBUBS Mortgage Trust                                                            | DBUBS Mortgage Trust                                                              | CUSIP: 23305JAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $564227.82    | 0.22%             | 2034-10-10      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    620000 | PA      | $513485.93    | 0.20%             | 2048-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31368HNM1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     76796 | PA      | $76138.90     | 0.03%             | 2039-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                     | BNP Paribas SA                                                                    | CUSIP: 05565ASK0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $154520.52    | 0.06%             | 2031-02-25      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                                                           | PennyMac Financial Services, Inc.                                                 | CUSIP: 70932MAA5<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90122.43     | 0.03%             | 2025-10-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3138A4X75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2218 | PA      | $2208.15      | 0.00%             | 2041-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                                                     | Bell Telephone Co. of Canada or Bell Canada                                       | CUSIP: 0778FPAB5<br>LEI: 549300JYAVAQRV5MNZ86 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $81736.16     | 0.03%             | 2049-07-29      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                                          | Swaption                                                                          | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DIR              |  | US        |   -500000 | NC      | $-188.54      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LFT CRE 2021-FL1, LLC                                                           | LFT CRE Ltd.                                                                      | CUSIP: 50203JAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    200000 | PA      | $193679.00    | 0.07%             | 2039-06-15      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| Helios Leasing I LLC                                                            | Helios Leasing I LLC                                                              | CUSIP: 42328BAC6<br>LEI: 549300H2L807705NLV88 | Long             | DBT              | CORP              | US        |     15842 | PA      | $15017.31     | 0.01%             | 2024-09-28      | Fixed         | 1.56%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F032625<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    400000 | PA      | $364033.87    | 0.14%             | 2053-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                        | Lloyds Banking Group PLC                                                          | CUSIP: 539439AT6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    600000 | PA      | $565518.41    | 0.22%             | 2028-08-16      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                        | Government National Mortgage Association REMICS                                   | CUSIP: 38376RVV5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    288071 | PA      | $285188.24    | 0.11%             | 2066-06-20      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                                          | Purchased USD / Sold BRL                                                          | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | US        |         1 | NC      | $-1379.26     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LIBERTY UTILITIES FIN                                                           | Liberty Utilities Finance GP 1                                                    | CUSIP: 531546AB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $150710.58    | 0.06%             | 2030-09-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: —       |
| Standard Chartered Bank                                                         | Purchased PEN / Sold USD                                                          | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | PE        |         1 | NC      | $327.93       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                                                | Georgia Power Co.                                                                 | CUSIP: 373334KQ3<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193523.64    | 0.07%             | 2032-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                       | Boeing Co.                                                                        | CUSIP: 097023CJ2<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80278.63     | 0.03%             | 2034-05-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                          | Pacific Gas & Electric Co.                                                        | CUSIP: 694308HA8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $134871.46    | 0.05%             | 2042-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                                                        | Angel Oak Mortgage Trust                                                          | CUSIP: 03464LAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     44365 | PA      | $39634.99     | 0.02%             | 2065-06-25      | Variable      | 1.47%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                    | Comcast Corp.                                                                     | CUSIP: 20030NDU2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    941000 | PA      | $586410.71    | 0.23%             | 2056-11-01      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| Banc of America Merrill Lynch Large Loan Inc                                    | BAMLL Commercial Mortgage Securities Trust                                        | CUSIP: 05492HAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $293123.67    | 0.11%             | 2036-04-15      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| TAGUA LEASING LLC                                                               | Tagua Leasing LLC                                                                 | CUSIP: 873782AC0<br>LEI: 549300NMMHVYCBECJ059 | Long             | DBT              | CORP              | US        |     18111 | PA      | $17495.84     | 0.01%             | 2024-11-16      | Fixed         | 1.58%                 | No            |                  2 | On Loan: No      |
| Credit Suisse First Boston Mortgage Securities                                  | Credit Suisse First Boston Mortgage Securities Corp.                              | CUSIP: 22541SRP5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     24277 | PA      | $23252.30     | 0.01%             | 2034-11-25      | Variable      | 3.63%                 | No            |                  2 | On Loan: No      |
| CGI INC                                                                         | CGI, Inc.                                                                         | CUSIP: 12532HAF1<br>LEI: 549300WSRCZY73ZG3090 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $152381.89    | 0.06%             | 2031-09-14      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                          | Standard Chartered PLC                                                            | CUSIP: 853254CN8<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $212266.25    | 0.08%             | 2028-11-16      | Fixed         | 7.77%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810TH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1800000 | PA      | $1588781.25   | 0.61%             | 2042-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                                          | Future                                                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        14 | NC      | $-12051.06    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARDWALK PIPELINES LP                                                          | Boardwalk Pipelines LP                                                            | CUSIP: 096630AH1<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |    200000 | PA      | $167799.19    | 0.06%             | 2031-02-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                          | Pacific Gas & Electric Co.                                                        | CUSIP: 694308JL2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    250000 | PA      | $236827.07    | 0.09%             | 2025-07-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                                                                  | Open Text Corp.                                                                   | CUSIP: 683715AF3<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $200000.00    | 0.08%             | 2027-12-01      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                             | Southern California Edison Co.                                                    | CUSIP: 842400GG2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    300000 | PA      | $235359.75    | 0.09%             | 2047-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTHSTAR EDUCATION FINANCE, INC.                                               | Northstar Education Finance, Inc.                                                 | CUSIP: 66705EAA6<br>LEI: 25490059JOHYRUHEXW19 | Long             | ABS-O            | CORP              | US        |      8677 | PA      | $8619.87      | 0.00%             | 2031-12-26      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust                                                  | HarborView Mortgage Loan Trust                                                    | CUSIP: 41161PMX8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     19968 | PA      | $14531.92     | 0.01%             | 2035-07-19      | Variable      | 3.28%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                                                              | Seagate HDD Cayman                                                                | CUSIP: 81180WBD2<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     73000 | PA      | $56981.30     | 0.02%             | 2031-01-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                                         | Duke Energy Florida LLC                                                           | CUSIP: 26444HAA9<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |    200000 | PA      | $144738.50    | 0.06%             | 2046-10-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                                        | Avolon Holdings Funding Ltd.                                                      | CUSIP: 05401AAR2<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |     79000 | PA      | $63244.33     | 0.02%             | 2027-11-18      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                                                       | Morgan Stanley Bank of America Merrill Lynch Trust                                | CUSIP: 61765TAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $473685.15    | 0.18%             | 2048-10-15      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                                                          | Aviation Capital Group LLC                                                        | CUSIP: 05369AAH4<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196277.76    | 0.08%             | 2024-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                         | Consolidated Edison Co. of New York, Inc.                                         | CUSIP: 209111GD9<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    100000 | PA      | $107770.00    | 0.04%             | 2052-11-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| BIG Commercial Mortgage Trust 2022-BIG                                          | BIG Commercial Mortgage Trust                                                     | CUSIP: 05551UAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $191941.38    | 0.07%             | 2039-02-15      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| MASTR Alternative Loans Trust                                                   | MASTR Alternative Loan Trust                                                      | CUSIP: 576434KX1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     59650 | PA      | $56425.39     | 0.02%             | 2033-11-25      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                | Commonwealth Financing Authority                                                  | CUSIP: 20281PNE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $144021.30    | 0.06%             | 2042-06-01      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| Ashford Hospitality Trust                                                       | Ashford Hospitality Trust                                                         | CUSIP: 04410RAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    151578 | PA      | $146423.64    | 0.06%             | 2035-04-15      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Arbor Realty Collateralized Loan Obligation Ltd                                 | Arbor Realty Commercial Real Estate Notes Ltd.                                    | CUSIP: 03880XAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    200000 | PA      | $193604.70    | 0.07%             | 2037-01-15      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                    | Centene Corp.                                                                     | CUSIP: 15135BAX9<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78247.31     | 0.03%             | 2031-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                        | Government National Mortgage Association, TBA                                     | CUSIP: 21H040616<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    700000 | PA      | $663114.07    | 0.25%             | 2053-01-23      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Independence Plaza Trust                                                        | Independence Plaza Trust                                                          | CUSIP: 45378YAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $374976.88    | 0.14%             | 2035-07-10      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| UDR INC                                                                         | UDR, Inc.                                                                         | CUSIP: 90265EAR1<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              |  | US        |    100000 | PA      | $83664.62     | 0.03%             | 2031-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                                          | Swaption                                                                          | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DIR              |  | US        |   -500000 | NC      | $-2907.02     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investors Trust                                          | Merrill Lynch Mortgage Investors Trust                                            | CUSIP: 59020UMF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     82060 | PA      | $79118.15     | 0.03%             | 2035-07-25      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                                                 | Swap                                                                              | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |    300000 | OU      | $-17451.80    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                     | Federal Home Loan Mortgage Corp. REMICS                                           | CUSIP: 3137BPPH6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    174867 | PA      | $174824.11    | 0.07%             | 2038-01-15      | Floating      | 3.36%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                               | NatWest Group PLC                                                                 | CUSIP: 780097BP5<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $179099.96    | 0.07%             | 2028-05-22      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                                                             | Sound Point CLO XVII Ltd.                                                         | CUSIP: 83611GAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    400000 | PA      | $393390.80    | 0.15%             | 2030-10-20      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                             | COMM Mortgage Trust                                                               | CUSIP: 20048JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $272898.72    | 0.10%             | 2033-04-10      | Variable      | 3.82%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | State of California                                                               | CUSIP: 13063BBU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $183100.77    | 0.07%             | 2039-11-01      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                         | WaMu Mortgage Pass-Through Certificates Trust                                     | CUSIP: 93363DAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    202438 | PA      | $153484.08    | 0.06%             | 2046-08-25      | Floating      | 3.10%                 | No            |                  2 | On Loan: No      |
| Northwell Healthcare Inc                                                        | Northwell Healthcare, Inc.                                                        | CUSIP: 667274AA2<br>LEI: 54930073NUTKK4QD3P47 | Long             | DBT              | CORP              | US        |    200000 | PA      | $154340.77    | 0.06%             | 2046-11-01      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                                                     | Swap                                                                              | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |    900000 | OU      | $241183.54    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| STORE CAPITAL CORP                                                              | STORE Capital Corp.                                                               | CUSIP: 862121AC4<br>LEI: 5493004EA6C9IHDZ7N66 | Long             | DBT              |  | US        |    200000 | PA      | $153970.92    | 0.06%             | 2030-11-18      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SASOL Financing USA LLC                                                         | Sasol Financing USA LLC                                                           | CUSIP: 80386WAA3<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |    300000 | PA      | $293276.91    | 0.11%             | 2024-03-27      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 19-1A PTT                                                          | American Airlines Pass-Through Trust                                              | CUSIP: 02378MAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     77799 | PA      | $59046.92     | 0.02%             | 2032-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                               | Kinder Morgan, Inc.                                                               | CUSIP: 28368EAE6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    100000 | PA      | $112513.61    | 0.04%             | 2032-01-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| Natixis Commercial Mortgage Securities                                          | Natixis Commercial Mortgage Securities Trust                                      | CUSIP: 63874UAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $347091.92    | 0.13%             | 2039-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BANK LEUMI LE-ISRAEL                                                            | Bank Leumi Le-Israel BM                                                           | CUSIP: 000000000<br>LEI: 7JDSZWRGUQY2DSTWCR57 | Long             | DBT              | CORP              | IL        |    200000 | PA      | $198110.88    | 0.08%             | 2027-07-27      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                             | Southern California Edison Co.                                                    | CUSIP: 842400FW8<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77501.35     | 0.03%             | 2043-03-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                        | Charter Communications Operating LLC/Charter Communications Operating Capital     | CUSIP: 161175BK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $276178.24    | 0.11%             | 2028-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                                                             | American Tower Corp.                                                              | CUSIP: 03027XAG5<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    760000 | PA      | $741166.92    | 0.28%             | 2025-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                               | HSBC Holdings PLC                                                                 | CUSIP: 404280DH9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $278729.33    | 0.11%             | 2033-08-11      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Mill City Mortgage Trust                                                        | Mill City Mortgage Loan Trust                                                     | CUSIP: 59981TAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     86984 | PA      | $81381.64     | 0.03%             | 2059-08-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Citibank N.A.                                                                   | Purchased USD / Sold BRL                                                          | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $13.89        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Province of Quebec                                                              | Province of Quebec                                                                | CUSIP: 748149AJ0<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    600000 | PA      | $564621.46    | 0.22%             | 2026-04-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                                                       | Morgan Stanley Bank of America Merrill Lynch Trust                                | CUSIP: 61761QAF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |         0 | PA      | $0.00         | 0.00%             | 2048-12-15      | Variable      | 0.63%                 | No            |                  2 | On Loan: No      |
| Flex Ltd                                                                        | Flex Ltd.                                                                         | CUSIP: 33938XAA3<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |    100000 | PA      | $94338.96     | 0.04%             | 2029-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    680000 | PA      | $428851.56    | 0.16%             | 2040-05-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE                                                        | Equitable Financial Life Global Funding                                           | CUSIP: 29449WAP2<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99863.90     | 0.04%             | 2025-12-02      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank N.A.                                                        | Swaption                                                                          | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              |  | US        |  -1600000 | NC      | $-71.57       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                             | Nomura Holdings, Inc.                                                             | CUSIP: 65535HAZ2<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    400000 | PA      | $350784.96    | 0.13%             | 2027-01-22      | Fixed         | 2.33%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                                                     | Federal Home Loan Mortgage Corp. REMICS                                           | CUSIP: 3137BPS83<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    174867 | PA      | $6519.47      | 0.00%             | 2038-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                     | Federal Home Loan Mortgage Corp. REMICS                                           | CUSIP: 3137FDBN1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    714566 | PA      | $628164.92    | 0.24%             | 2048-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                                          | Santander Holdings USA, Inc.                                                      | CUSIP: 80282KBB1<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    400000 | PA      | $381678.53    | 0.15%             | 2025-06-02      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                                          | Purchased BRL / Sold USD                                                          | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | BR        |         1 | NC      | $1441.92      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD                                                       | Anchorage Capital CLO 6 Ltd.                                                      | CUSIP: 03328QAY7<br>LEI: 54930064GO7DB3TVDY21 | Long             | ABS-CBDO         | CORP              | KY        |     99994 | PA      | $98719.03     | 0.04%             | 2030-07-15      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| LoanCore 2022-CRE7 Issuer Ltd.                                                  | LoanCore Issuer Ltd.                                                              | CUSIP: 53946PAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    300000 | PA      | $289107.33    | 0.11%             | 2037-01-17      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                                                             | Macquarie Group Ltd.                                                              | CUSIP: 55608JBF4<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |    100000 | PA      | $99661.84     | 0.04%             | 2026-08-09      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                                                   | Purchased USD / Sold DKK                                                          | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | US        |         1 | NC      | $-2992.46     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Arbor Realty Collateralized Loan Obligation Ltd                                 | Arbor Realty Commercial Real Estate Notes Ltd.                                    | CUSIP: 03881EAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    200000 | PA      | $194159.94    | 0.07%             | 2036-05-15      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINL HLDGS LTD                                                          | Fairfax Financial Holdings Ltd.                                                   | CUSIP: 303901BJ0<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $82181.72     | 0.03%             | 2031-03-03      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                         | Bay Area Toll Authority                                                           | CUSIP: 072024NU2<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |    100000 | PA      | $116842.48    | 0.04%             | 2040-04-01      | Fixed         | 6.92%                 | No            |                  2 | On Loan: No      |
| AMCOR FLEXIBLES NORTH AM                                                        | Amcor Flexibles North America, Inc.                                               | CUSIP: 081437AT2<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |    200000 | PA      | $163043.24    | 0.06%             | 2030-06-19      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810TD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    200000 | PA      | $140437.50    | 0.05%             | 2052-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| JAPAN FIN ORG MUNICIPAL                                                         | Japan Finance Organization for Municipalities                                     | CUSIP: 471068AJ5<br>LEI: 5493007YYYNZ4NMEOD64 | Long             | DBT              | NUSS              | JP        |    800000 | PA      | $780752.00    | 0.30%             | 2023-10-25      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810TG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    300000 | PA      | $242625.00    | 0.09%             | 2052-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                                       | Amgen, Inc.                                                                       | CUSIP: 031162BZ2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    200000 | PA      | $168194.70    | 0.06%             | 2045-05-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810TJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1700000 | PA      | $1413656.25   | 0.54%             | 2052-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: —       |
| UNITED AIR 2016-2 AA PTT                                                        | United Airlines Pass-Through Trust                                                | CUSIP: 90932EAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    220707 | PA      | $187956.94    | 0.07%             | 2028-10-07      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF GAS CO                                                           | Southern California Gas Co.                                                       | CUSIP: 842434CR1<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |    300000 | PA      | $241881.73    | 0.09%             | 2048-06-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Venture CDO Ltd                                                                 | Venture XIV CLO Ltd.                                                              | CUSIP: 92328GBA3<br>LEI: 5493002O60L75PP6F022 | Long             | ABS-CBDO         | CORP              | KY        |    442038 | PA      | $436199.13    | 0.17%             | 2029-08-28      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                          | Pacific Gas & Electric Co.                                                        | CUSIP: 694308JK4<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    250000 | PA      | $222119.10    | 0.09%             | 2028-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Residential Asset Mortgage Products, INC.                                       | RAMP Trust                                                                        | CUSIP: 76112BTV2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     32728 | PA      | $32589.30     | 0.01%             | 2035-06-25      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                     | Oracle Corp.                                                                      | CUSIP: 68389XCH6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    200000 | PA      | $208076.51    | 0.08%             | 2029-11-09      | Fixed         | 6.15%                 | Yes           |                  2 | On Loan: No      |
| Georgia Power Co                                                                | Georgia Power Co.                                                                 | CUSIP: 373334JW2<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86370.48     | 0.03%             | 2042-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                                          | Future                                                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        45 | NC      | $-760.23      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| American Money Management Corporation                                           | AMMC CLO XII Ltd.                                                                 | CUSIP: 00176CAW1<br>LEI: 549300YZO1X7UK2OVY35 | Long             | ABS-CBDO         | CORP              | KY        |    700000 | PA      | $689983.00    | 0.26%             | 2030-11-10      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810TC2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3200000 | PA      | $2301624.99   | 0.88%             | 2041-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ChaseFlex Trust                                                                 | ChaseFlex Trust                                                                   | CUSIP: 16165WAA4<br>LEI: 549300B1U8MKA7ONX421 | Long             | ABS-MBS          | CORP              | US        |    108720 | PA      | $104525.09    | 0.04%             | 2037-05-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                     | Federal Home Loan Mortgage Corp. REMICS                                           | CUSIP: 3137BLD88<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    289605 | PA      | $283377.70    | 0.11%             | 2045-09-15      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                                          | Future                                                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        -6 | NC      | $4165.45      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Bacardi Ltd                                                                     | Bacardi Ltd.                                                                      | CUSIP: 067316AF6<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | BM        |    100000 | PA      | $95610.35     | 0.04%             | 2028-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31419BCW3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1858 | PA      | $1844.00      | 0.00%             | 2041-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 16-3 AA PTT                                                        | American Airlines Pass-Through Trust                                              | CUSIP: 023771R91<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    144430 | PA      | $125339.46    | 0.05%             | 2028-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                 | San Diego Gas & Electric Co.                                                      | CUSIP: 797440BZ6<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79308.50     | 0.03%             | 2030-10-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                                                | SMB Private Education Loan Trust                                                  | CUSIP: 78449GAC3<br>LEI: 5493008SQ2WS8HE83M61 | Long             | ABS-O            | CORP              | US        |    128678 | PA      | $127741.74    | 0.05%             | 2032-02-17      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| VMC Finance LLC                                                                 | VMC Finance LLC                                                                   | CUSIP: 91835BAA3<br>LEI: 549300QK6J0UZ3WZJ014 | Long             | ABS-CBDO         | CORP              | US        |    250000 | PA      | $243152.13    | 0.09%             | 2039-02-18      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                          | Pacific Gas & Electric Co.                                                        | CUSIP: 694308HM2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    110000 | PA      | $103858.15    | 0.04%             | 2025-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Republic of Peru                                                                | Peruvian Government International Bonds                                           | CUSIP: 715638BX9<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    300000 | PA      | $72366.91     | 0.03%             | 2029-02-12      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                    | Barclays PLC                                                                      | CUSIP: 06738ECD5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $208482.44    | 0.08%             | 2028-11-02      | Fixed         | 7.39%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN PENERBIT SBSN                                                        | Perusahaan Penerbit SBSN Indonesia III                                            | CUSIP: 71567PAU4<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | CORP              | ID        |    200000 | PA      | $197775.17    | 0.08%             | 2027-06-06      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                                                         | Purchased PEN / Sold USD                                                          | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | PE        |         1 | NC      | $327.95       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Spirit AeroSystems Inc                                                          | Spirit AeroSystems, Inc.                                                          | CUSIP: 85205TAG5<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90500.37     | 0.03%             | 2026-06-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                  | Morgan Stanley                                                                    | CUSIP: 61747YEV3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    200000 | PA      | $206048.38    | 0.08%             | 2028-10-18      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                                            | Enel Finance International NV                                                     | CUSIP: 29278GAW8<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $189466.87    | 0.07%             | 2027-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                                                     | Swap                                                                              | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |    700000 | OU      | $118323.43    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| HACKENSACK MERIDIAN HLTH                                                        | Hackensack Meridian Health, Inc.                                                  | CUSIP: 404530AA5<br>LEI: 5493001CB3OCWTEJY668 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85610.99     | 0.03%             | 2057-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANK OF IRELAND GROUP                                                           | Bank of Ireland Group PLC                                                         | CUSIP: 06279JAA7<br>LEI: 635400C8EK6DRI12LJ39 | Long             | DBT              | CORP              | IE        |    300000 | PA      | $296873.29    | 0.11%             | 2023-11-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                     | BNP Paribas SA                                                                    | CUSIP: 05565AM34<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    300000 | PA      | $296250.00    | 0.11%             | 2029-08-16      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| TPG Real Estate Finance                                                         | TRTX Issuer Ltd.                                                                  | CUSIP: 87277JAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    300000 | PA      | $288737.34    | 0.11%             | 2039-02-15      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| Bank of America N.A.                                                            | Purchased PEN / Sold USD                                                          | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | PE        |         1 | NC      | $518.08       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                                                     | Future                                                                            | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |       472 | NC      | $-3369835.24  | -1.29%            |  |  |  | No            |                  1 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                        | Sumitomo Mitsui Financial Group, Inc.                                             | CUSIP: 86562MCB4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    400000 | PA      | $317180.69    | 0.12%             | 2030-07-08      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| TCW CLO                                                                         | TCW CLO Ltd.                                                                      | CUSIP: 87240UAR1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    100000 | PA      | $98569.50     | 0.04%             | 2031-04-25      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association REMICS                                      | CUSIP: 3136ACHM6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     91522 | PA      | $5048.41      | 0.00%             | 2028-03-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Essex Portfolio LP                                                              | Essex Portfolio LP                                                                | CUSIP: 29717PAT4<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              |  | US        |    300000 | PA      | $274047.44    | 0.11%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                                                         | Romania Government International Bonds                                            | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    200000 | PA      | $119784.58    | 0.05%             | 2041-04-14      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BROOKLYN UNION GAS CO                                                           | Brooklyn Union Gas Co.                                                            | CUSIP: 114259AV6<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |    200000 | PA      | $191045.93    | 0.07%             | 2027-08-05      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE HLDGS LLC                                                           | Brighthouse Holdings LLC                                                          | CUSIP: 10924BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $89000.00     | 0.03%             | 2037-07-27      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Vibrant CLO Ltd                                                                 | Vibrant CLO VI Ltd.                                                               | CUSIP: 92558EAJ1<br>LEI: 549300WOQQ4NNX4VIU97 | Long             | ABS-CBDO         | CORP              | KY        |    138550 | PA      | $136674.81    | 0.05%             | 2029-06-20      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                                                        | Targa Resources Partners LP/Targa Resources Partners Finance Corp.                | CUSIP: 87612BBU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $83985.00     | 0.03%             | 2032-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    800000 | PA      | $449156.25    | 0.17%             | 2050-08-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64828XAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    103776 | PA      | $94667.25     | 0.04%             | 2059-11-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST                                                        | Fortress Transportation & Infrastructure Investors LLC                            | CUSIP: 34960PAB7<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    153000 | PA      | $143851.19    | 0.06%             | 2025-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE CHILDREN HOSP                                                        | Nationwide Children's Hospital, Inc.                                              | CUSIP: 63861UAA7<br>LEI: 549300P18KU1WR8JWZ05 | Long             | DBT              | CORP              | US        |    200000 | PA      | $178816.45    | 0.07%             | 2052-11-01      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F060626<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1100000 | PA      | $1115726.56   | 0.43%             | 2053-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG                                                                | Deutsche Bank AG                                                                  | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $84020.87     | 0.03%             | 2030-11-19      | Fixed         | 1.75%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Inflation-Indexed Notes                                             | CUSIP: 91282CEZ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    820440 | PA      | $752283.65    | 0.29%             | 2032-07-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| STICHTING AK RABOBANK                                                           | Stichting AK Rabobank Certificaten                                                | CUSIP: 000000000<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    210100 | PA      | $215635.50    | 0.08%             | 2049-12-29      | Variable      | 6.50%                 | Yes           |                  2 | On Loan: —       |
| Vibrant CLO Ltd                                                                 | Vibrant CLO VII Ltd.                                                              | CUSIP: 92558BAJ7<br>LEI: 5493007DQ2IM8HOLV582 | Long             | ABS-CBDO         | CORP              | KY        |    248995 | PA      | $244452.73    | 0.09%             | 2030-09-15      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                                                   | Purchased USD / Sold EUR                                                          | CUSIP: 000000000<br>LEI: MP6I5ZYZBEU3UXPYFY54 | N/A              | DFE              |  | US        |         1 | NC      | $-18672.90    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Bear Stearns Alt-A Trust                                                        | Bear Stearns ALT-A Trust                                                          | CUSIP: 07386HVS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     80359 | PA      | $49485.00     | 0.02%             | 2035-09-25      | Variable      | 3.73%                 | No            |                  2 | On Loan: No      |
| MASTR Asset Backed Securities Trust                                             | MASTR Asset-Backed Securities Trust                                               | CUSIP: 57643LFN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    106531 | PA      | $100132.68    | 0.04%             | 2034-10-25      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| TENNESSEE GAS PIPELINE                                                          | Tennessee Gas Pipeline Co. LLC                                                    | CUSIP: 880451AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $107002.67    | 0.04%             | 2028-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GOODMAN US FIN FIVE LLC                                                         | Goodman U.S. Finance Five LLC                                                     | CUSIP: 38239PAA5<br>LEI: N/A                  | Long             | DBT              |  | US        |    200000 | PA      | $182859.43    | 0.07%             | 2032-05-04      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association REMICS                                      | CUSIP: 3136A35Q0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     26523 | PA      | $26435.28     | 0.01%             | 2041-02-25      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64830NAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    253584 | PA      | $235808.27    | 0.09%             | 2059-07-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                     | Federal Home Loan Mortgage Corp.                                                  | CUSIP: 3132Y1RS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    168081 | PA      | $165432.94    | 0.06%             | 2048-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                | Societe Generale SA                                                               | CUSIP: 83368RAZ5<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $173999.55    | 0.07%             | 2026-12-14      | Fixed         | 1.49%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                        | Enterprise Products Operating LLC                                                 | CUSIP: 29379VCA9<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    230000 | PA      | $152006.68    | 0.06%             | 2052-02-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| VIRTUSA CORPORATION                                                             | Virtusa Corp.                                                                     | CUSIP: 92828KAK8<br>LEI: C77OMXDER63WLJCSKT03 | Long             | LON              | CORP              | US        |     98250 | PA      | $94647.47     | 0.04%             | 2028-02-11      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SA7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1050000 | PA      | $867931.64    | 0.33%             | 2048-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| American Money Management Corporation                                           | AMMC CLO 16 Ltd.                                                                  | CUSIP: 00176JAT3<br>LEI: 549300I1YCI83LUUYL82 | Long             | ABS-CBDO         | CORP              | KY        |     85581 | PA      | $85059.75     | 0.03%             | 2029-04-14      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                          | Federal Home Loan Banks                                                           | CUSIP: 3130ATT23<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   3700000 | PA      | $3700199.54   | 1.42%             | 2023-03-06      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                                                        | Northern States Power Co.                                                         | CUSIP: 665772CV9<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91128.15     | 0.03%             | 2052-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PARK AEROSPACE HOLDINGS                                                         | Park Aerospace Holdings Ltd.                                                      | CUSIP: 70014LAB6<br>LEI: 635400CPI3EOIFF6OC33 | Long             | DBT              | CORP              | KY        |     28000 | PA      | $27643.26     | 0.01%             | 2024-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Inflation-Indexed Notes                                             | CUSIP: 91282CDX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    214986 | PA      | $188515.85    | 0.07%             | 2032-01-15      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                   | Citigroup, Inc.                                                                   | CUSIP: 172967JT9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    750000 | PA      | $736749.65    | 0.28%             | 2025-06-10      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                         | Goldman Sachs Group, Inc.                                                         | CUSIP: 38141GVX9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    300000 | PA      | $305240.04    | 0.12%             | 2027-10-28      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC / Charter Communications Operating Capital | Charter Communications Operating LLC/Charter Communications Operating Capital     | CUSIP: 161175BT0<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    200000 | PA      | $145592.09    | 0.06%             | 2050-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810ST6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7180000 | PA      | $4703180.45   | 1.80%             | 2040-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Entergy Mississippi LLC                                                         | Entergy Mississippi LLC                                                           | CUSIP: 29364NAT5<br>LEI: 54930043I78H35DVVW89 | Long             | DBT              | CORP              | US        |    700000 | PA      | $621116.52    | 0.24%             | 2028-06-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                                                         | Nissan Motor Acceptance Co. LLC                                                   | CUSIP: 654740BS7<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86123.01     | 0.03%             | 2026-03-09      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Bayer US Finance II LLC                                                         | Bayer U.S. Finance II LLC                                                         | CUSIP: 07274NAN3<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |    600000 | PA      | $522887.78    | 0.20%             | 2038-06-25      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                              | VICI Properties LP                                                                | CUSIP: 925650AA1<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |    200000 | PA      | $193813.78    | 0.07%             | 2025-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Group AG                                                          | Credit Suisse Group AG                                                            | CUSIP: 225401AC2<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    300000 | PA      | $249056.42    | 0.10%             | 2028-01-09      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELEC POWER                                                         | Southwestern Electric Power Co.                                                   | CUSIP: 845437BL5<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |    400000 | PA      | $408030.50    | 0.16%             | 2040-03-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                | Deutsche Bank AG                                                                  | CUSIP: 251526CK3<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $152124.70    | 0.06%             | 2032-05-28      | Fixed         | 3.04%                 | Yes           |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                                                     | Future                                                                            | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |       146 | NC      | $-411211.82   | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                          | Federal Home Loan Banks                                                           | CUSIP: 3130ATJT5<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   1800000 | PA      | $1799999.06   | 0.69%             | 2023-01-06      | Floating      | 4.32%                 | No            |                  2 | On Loan: No      |
| DROP Mortgage Trust 2021-FILE                                                   | DROP Mortgage Trust                                                               | CUSIP: 26210YAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $95232.26     | 0.04%             | 2043-10-15      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Alabama Power Co                                                                | Alabama Power Co.                                                                 | CUSIP: 010392FL7<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |    200000 | PA      | $167517.93    | 0.06%             | 2044-08-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                | Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates | CUSIP: 3137FG6Q3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    600000 | PA      | $559765.68    | 0.21%             | 2028-04-25      | Variable      | 3.21%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810QQ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1900000 | PA      | $1980750.00   | 0.76%             | 2041-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                                                         | Purchased PEN / Sold USD                                                          | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | PE        |         1 | NC      | $129.72       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810TF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    900000 | PA      | $692085.94    | 0.27%             | 2042-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| SVB FINANCIAL GROUP                                                             | SVB Financial Group                                                               | CUSIP: 78486QAR2<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |    200000 | PA      | $189398.98    | 0.07%             | 2028-04-29      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                          | Mizuho Financial Group, Inc.                                                      | CUSIP: 60687YBP3<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $173438.88    | 0.07%             | 2027-05-22      | Fixed         | 1.23%                 | No            |                  2 | On Loan: No      |
| BRITISH AIR 18-1 AA PTT                                                         | British Airways Pass-Through Trust                                                | CUSIP: 11042TAA1<br>LEI: 2549007HITOHPGVGUX03 | Long             | DBT              | CORP              | US        |    143879 | PA      | $129833.70    | 0.05%             | 2031-09-20      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                           | Level 3 Financing, Inc.                                                           | CUSIP: 527298BQ5<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    200000 | PA      | $157827.08    | 0.06%             | 2029-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                     | Oracle Corp.                                                                      | CUSIP: 68389XBC8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    760000 | PA      | $721609.84    | 0.28%             | 2025-05-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                                                        | Liberty Mutual Group, Inc.                                                        | CUSIP: 53079EBN3<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    200000 | PA      | $180634.10    | 0.07%             | 2052-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Electric Co                                                        | Pennsylvania Electric Co.                                                         | CUSIP: 708696BZ1<br>LEI: O1PLQWO3TX952VMBJ146 | Long             | DBT              | CORP              | US        |    400000 | PA      | $359853.94    | 0.14%             | 2029-06-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| LCM Ltd Partnership                                                             | LCM XV LP                                                                         | CUSIP: 50184NAR3<br>LEI: 549300HV40B88JRNJD93 | Long             | ABS-CBDO         | CORP              | KY        |    240791 | PA      | $237141.42    | 0.09%             | 2030-07-20      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                                          | Arizona Public Service Co.                                                        | CUSIP: 040555DC5<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    100000 | PA      | $58570.98     | 0.02%             | 2050-09-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** TRANSAMERICA SERIES TRUST

**Signature:** Vincent Toner

**Name of Signer:** Vincent Toner

**Title:** Treasurer