# EDGAR Filing Document

**Accession Number:** 0000063075
**File Stem:** 0002071691-26-006492
**Filing Date:** 2026-3
**Character Count:** 229693
**Document Hash:** 4306c59ea45c3a4f1e8d1c4cd47e3086
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-006492.hdr.sgml**: 20260325

**ACCESSION NUMBER**: 0002071691-26-006492

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 4

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260325

**DATE AS OF CHANGE**: 20260325

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MFS SERIES TRUST IX
- **CENTRAL INDEX KEY:** 0000063075

**ORGANIZATION NAME:**
- **EIN:** 042535629
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02464
- **FILM NUMBER:** 26789756

**BUSINESS ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 21ST FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199
- **BUSINESS PHONE:** 18006372929

**MAIL ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 21ST FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MFS SERIES TRUST IX /MA/
- **DATE OF NAME CHANGE:** 19951218

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MFS SERIES TRUST IX
- **DATE OF NAME CHANGE:** 19950207

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MFS BOND FUND
- **DATE OF NAME CHANGE:** 19930408

## Series and Classes Contracts Data

### MFS Limited Maturity Fund (Series ID: S000002495)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000006744 | I            | MQLIX           |
| C000006745 | A            | MQLFX           |
| C000006746 | R4           | MQLJX           |
| C000006750 | B            | MQLBX           |
| C000006751 | C            | MQLCX           |
| C000006753 | R1           | MQLGX           |
| C000006755 | R2           | MLMRX           |
| C000006756 | R3           | MQLHX           |
| C000119776 | R6           | MQLKX           |

## Nport-Ex

MQL-Q3

![](imge144f7531.gif)

**Quarterly Report**

January 31, 2026

MFS<sup>®</sup> Limited Maturity Fund

![](imge255aff72.gif)

------

**Portfolio of Investments**

1/31/26 (unaudited)

The Portfolio of Investments is a complete list of all securities owned by your fund. It is categorized by broad-based asset classes.

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

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – 95.6%  | Bonds – 95.6%  | Bonds – 95.6%  |
| Aerospace & Defense – 1.2% | Aerospace & Defense – 1.2% | Aerospace & Defense – 1.2% |
| Boeing Co., 2.196%, 2/04/2026  | $21074000 | &nbsp;&nbsp;&nbsp; $21070393 |
| Boeing Co., 6.388%, 5/01/2031  | 10258000 | &nbsp;&nbsp;&nbsp; 11130459 |
| Huntington Ingalls Industries, Inc., 5.353%, 1/15/2030  | 7750000 | &nbsp;&nbsp;&nbsp; 8015918 |
|  |  | &nbsp;&nbsp;&nbsp; $40216770 |
| Apparel Manufacturers – 0.4% | Apparel Manufacturers – 0.4% | Apparel Manufacturers – 0.4% |
| Gildan Activewear, Inc., 4.7%, 10/07/2030 (n) | $5673000 | &nbsp;&nbsp;&nbsp; $5656080 |
| Tapestry, Inc., 5.1%, 3/11/2030  | 7899000 | &nbsp;&nbsp;&nbsp; 8097814 |
|  |  | &nbsp;&nbsp;&nbsp; $13753894 |
| Asset-Backed & Securitized – 23.6% | Asset-Backed & Securitized – 23.6% | Asset-Backed & Securitized – 23.6% |
| 3650R Commercial Mortgage Trust, 2021-PF1, "XA", 0.992%, 11/15/2054 (i) | $88752305 | &nbsp;&nbsp;&nbsp; $3079084 |
| 37 Capital CLO Ltd., 2022-1A, "BR", FLR, 5.372% (SOFR - 3mo. + 1.7%), 7/15/2034 (n) | 9400000 | &nbsp;&nbsp;&nbsp; 9399765 |
| ACREC 2021-FL1 Ltd., "AS", FLR, 5.291% ((SOFR - 1mo. + 0.11448%) + 1.5%), 10/16/2036 (n) | 5944500 | &nbsp;&nbsp;&nbsp; 5945031 |
| ACREC 2021-FL1 Ltd., "B", FLR, 5.592% ((SOFR - 1mo. + 0.11448%) + 1.8%), 10/16/2036 (n) | 11776000 | &nbsp;&nbsp;&nbsp; 11761861 |
| ACREC 2021-FL1 Ltd., "C", FLR, 5.941% ((SOFR - 1mo. + 0.11448%) + 2.15%), 10/16/2036 (n) | 5972500 | &nbsp;&nbsp;&nbsp; 5971866 |
| ACREC 2025-FL3 LLC, "A", FLR, 4.985% (SOFR - 1mo. + 1.31%), 8/18/2042 (n) | 4071429 | &nbsp;&nbsp;&nbsp; 4070981 |
| Acres PLC, 2026-FL4, "A", 5.2%, 8/18/2044 (n)(w) | 10000000 | &nbsp;&nbsp;&nbsp; 10018747 |
| Acres PLC, 2026-FL4, "B", FLR, 5.7% (SOFR - 1mo. + 1.95%), 8/18/2044 (n)(w) | 4637500 | &nbsp;&nbsp;&nbsp; 4646191 |
| Affirm Asset Securitization Trust, 2024-X2, "A", 5.22%, 12/17/2029 (n) | 8623 | &nbsp;&nbsp;&nbsp; 8626 |
| Affirm Asset Securitization Trust, 2025-X1, "B", 5.19%, 4/15/2030 (n) | 5000000 | &nbsp;&nbsp;&nbsp; 5011956 |
| Affirm, Inc., 2025-X1, "A", 5.08%, 4/15/2030 (n) | 555411 | &nbsp;&nbsp;&nbsp; 556314 |
| American Credit Acceptance Receivables Trust, 2024-3, "B", 5.66%, 8/14/2028 (n) | 6535699 | &nbsp;&nbsp;&nbsp; 6544614 |
| AmeriCredit Automobile Receivables Trust, 2026-1, "A", 4.16%, 7/12/2029 (n) | 12664000 | &nbsp;&nbsp;&nbsp; 12664772 |
| AmeriCredit Automobile Receivables Trust, 2026-1, "B", 4.24%, 4/12/2030 (n) | 3000000 | &nbsp;&nbsp;&nbsp; 3003139 |
| Angel Oak Mortgage Trust, 2024-13, "A1", 5.464%, 12/26/2069 (n) | 11371759 | &nbsp;&nbsp;&nbsp; 11470464 |
| Angel Oak Mortgage Trust, 2024-7, "A1", 5.621%, 5/25/2069 (n) | 3384315 | &nbsp;&nbsp;&nbsp; 3415150 |
| Angel Oak Mortgage Trust, 2024-9, "A1", 5.138%, 9/25/2069 (n) | 3613026 | &nbsp;&nbsp;&nbsp; 3628341 |
| Arbor Realty Trust, Inc., CLO, 2021-FL4, "AS", FLR, 5.494% ((SOFR - 1mo. + 0.11448%) + 1.7%), 11/15/2036 (n) | 11713500 | &nbsp;&nbsp;&nbsp; 11713549 |
| Arbor Realty Trust, Inc., CLO, 2021-FL4, "B", FLR, 5.795% ((SOFR - 1mo. + 0.11448%) + 2%), 11/15/2036 (n) | 7713500 | &nbsp;&nbsp;&nbsp; 7714238 |
| Arbor Realty Trust, Inc., CLO, 2021-FL4, "C", FLR, 6.094% ((SOFR - 1mo. + 0.11448%) + 2.3%), 11/15/2036 (n) | 4645000 | &nbsp;&nbsp;&nbsp; 4645420 |
| Arbor Realty Trust, Inc., CLO, 2022-FL1, "C", FLR, 6.007% (SOFR - 30 day + 2.3%), 1/15/2037 (n) | 12447500 | &nbsp;&nbsp;&nbsp; 12463066 |
| ARDN Mortgage Trust, 2025-ARCP, "A", FLR, 5.43% (SOFR - 1mo. + 1.75%), 6/15/2035 (n) | 14993000 | &nbsp;&nbsp;&nbsp; 15039853 |
| AREIT 2022-CRE6 Trust, "C", FLR, 5.852% (SOFR - 30 day + 2.15%), 1/20/2037 (n) | 4174000 | &nbsp;&nbsp;&nbsp; 4130091 |
| AREIT 2022-CRE6 Trust, "D", FLR, 6.552% (SOFR - 30 day + 2.85%), 1/20/2037 (n) | 2549000 | &nbsp;&nbsp;&nbsp; 2501752 |
| AREIT 2022-CRE7 LLC, "B", FLR, 6.919% (SOFR - 1mo. + 3.244%), 6/17/2039 (n) | 12436500 | &nbsp;&nbsp;&nbsp; 12440405 |
| ARI Fleet Lease Trust, 2023-B, "A2", 6.05%, 7/15/2032 (n) | 724395 | &nbsp;&nbsp;&nbsp; 729598 |
| AutoNation Finance Trust, 2025-1A, "A2", 4.72%, 4/10/2028 (n) | 2729922 | &nbsp;&nbsp;&nbsp; 2735633 |
| BA Credit Card Trust, 2025-A1, "A", 4.31%, 5/15/2030  | 3923000 | &nbsp;&nbsp;&nbsp; 3966934 |
| Bain Capital Credit CLO Ltd., 2021-4A, "BR", FLR, 5.317% (SOFR - 3mo. + 1.65%), 10/20/2034 (n) | 10589623 | &nbsp;&nbsp;&nbsp; 10589432 |
| Bain Capital Credit CLO Ltd., 2021-7A, "BR", FLR, 5.169% (SOFR - 3mo. + 1.5%), 1/22/2035 (n) | 8775562 | &nbsp;&nbsp;&nbsp; 8777098 |
| Balboa Bay Loan Funding Ltd., 2022-1A, "BR", 5.517% (SOFR - 3mo. + 1.85%), 4/20/2037 (n) | 15426798 | &nbsp;&nbsp;&nbsp; 15452437 |
| Bardot CLO Ltd., 2019-2A, "CRR", FLR, 5.219% (SOFR - 3mo. + 1.55%), 10/22/2032 (n) | 5464286 | &nbsp;&nbsp;&nbsp; 5467051 |
| Bayview Commercial Asset Trust, FLR, 4.252% ((SOFR - 1mo. + 0.11448%) + 0.4658%), 8/25/2035 (n) | 121868 | &nbsp;&nbsp;&nbsp; 118952 |
| Bayview Financial Revolving Mortgage Loan Trust, FLR, 5.389% ((SOFR - 1mo. + 0.11448%) + 1.6%), 12/28/2040 (n) | 61015 | &nbsp;&nbsp;&nbsp; 143059 |
| BBCMS Mortgage Trust, 2018-C2, "XA", 0.746%, 12/15/2051 (i)(n) | 60804511 | &nbsp;&nbsp;&nbsp; 1001171 |
| BBCMS Mortgage Trust, 2021-C10, "XA", 1.206%, 7/15/2054 (i) | 32543702 | &nbsp;&nbsp;&nbsp; 1559631 |
| BBCMS Mortgage Trust, 2021-C11, "XA", 1.327%, 9/15/2054 (i) | 37683456 | &nbsp;&nbsp;&nbsp; 1892983 |
| BBCMS Mortgage Trust, 2021-C9, "XA", 1.544%, 2/15/2054 (i) | 52248336 | &nbsp;&nbsp;&nbsp; 3172012 |
| BDS 2021-FL10 Ltd., "B", FLR, 5.739% ((SOFR - 1mo. + 0.11448%) + 1.95%), 12/16/2036 (n) | 3637500 | &nbsp;&nbsp;&nbsp; 3639788 |
| BDS 2021-FL10 Ltd., "C", FLR, 6.09% ((SOFR - 1mo. + 0.11448%) + 2.3%), 12/16/2036 (n) | 2645500 | &nbsp;&nbsp;&nbsp; 2647166 |
| Benchmark 2021-B23 Mortgage Trust, "XA", 1.255%, 2/15/2054 (i) | 59404202 | &nbsp;&nbsp;&nbsp; 2650770 |
| Benchmark 2021-B24 Mortgage Trust, "XA", 1.128%, 3/15/2054 (i) | 38072749 | &nbsp;&nbsp;&nbsp; 1502823 |
| Benchmark 2021-B27 Mortgage Trust, "XA", 1.232%, 7/15/2054 (i) | 69134317 | &nbsp;&nbsp;&nbsp; 3168702 |
| Benchmark 2021-B28 Mortgage Trust, "XA", 1.238%, 8/15/2054 (i) | 51841528 | &nbsp;&nbsp;&nbsp; 2471871 |
| Benchmark 2021-B29 Mortgage Trust, "XA", 1.011%, 9/15/2054 (i) | 77045851 | &nbsp;&nbsp;&nbsp; 2612594 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Asset-Backed & Securitized – continued | Asset-Backed & Securitized – continued | Asset-Backed & Securitized – continued |
| Benchmark 2025-V18 Mortgage Trust, "A3", 5.183%, 10/15/2058  | $7525237 | &nbsp;&nbsp;&nbsp; $7757888 |
| BSPRT 2022-FL8 Issuer Ltd., "A", FLR, 5.207% (SOFR - 30 day + 1.5%), 2/15/2037 (n) | 2143379 | &nbsp;&nbsp;&nbsp; 2140265 |
| BSPRT 2022-FL8 Issuer Ltd., "B", FLR, 5.757% (SOFR - 30 day + 2.05%), 2/15/2037 (n) | 2054500 | &nbsp;&nbsp;&nbsp; 2049399 |
| BSPRT 2022-FL8 Issuer Ltd., "C", FLR, 6.007% (SOFR - 30 day + 2.3%), 2/15/2037 (n) | 3317000 | &nbsp;&nbsp;&nbsp; 3316978 |
| Business Jet Securities LLC, 2024-1A, "A", 6.197%, 5/15/2039 (n) | 2711852 | &nbsp;&nbsp;&nbsp; 2771844 |
| Business Jet Securities LLC, 2024-1A, "B", 6.924%, 5/15/2039 (n) | 315346 | &nbsp;&nbsp;&nbsp; 325139 |
| Business Jet Securities LLC, 2024-2A, "A", 5.364%, 9/15/2039 (n) | 3723850 | &nbsp;&nbsp;&nbsp; 3747280 |
| Business Jet Securities LLC, 2024-2A, "B", 5.754%, 9/15/2039 (n) | 2175950 | &nbsp;&nbsp;&nbsp; 2169847 |
| BXMT 2020-FL2 Ltd., "B", FLR, 5.441% ((SOFR - 1mo. + 0.11448%) + 1.4%), 2/15/2038 (n) | 5795500 | &nbsp;&nbsp;&nbsp; 5773842 |
| BXMT 2020-FL2 Ltd., "A", FLR, 4.942% ((SOFR - 1mo. + 0.11448%) + 0.9%), 2/15/2038 (n) | 1160916 | &nbsp;&nbsp;&nbsp; 1159537 |
| BXMT 2021-FL4 Ltd., "AS", FLR, 5.091% ((SOFR - 1mo. + 0.11448%) + 1.3%), 5/15/2038 (n) | 12062500 | &nbsp;&nbsp;&nbsp; 12017830 |
| C-BASS Mortgage Loan Trust, 2007-CB1, "AF3", 6.237%, 1/25/2037 (d)(q) | 1528211 | &nbsp;&nbsp;&nbsp; 416957 |
| C-BASS Mortgage Loan Trust, 2007-CB3, "A3", 6.231%, 3/25/2037 (d)(q) | 1995810 | &nbsp;&nbsp;&nbsp; 720033 |
| CD 2017-CD4 Mortgage Trust, "XA", 1.204%, 5/10/2050 (i) | 31814751 | &nbsp;&nbsp;&nbsp; 281408 |
| CF Hippolyta Issuer LLC, 2020-1, "A1", 1.69%, 7/15/2060 (n) | 1546326 | &nbsp;&nbsp;&nbsp; 1299344 |
| CF Hippolyta Issuer LLC, 2020-1, "B1", 2.28%, 7/15/2060 (n) | 499890 | &nbsp;&nbsp;&nbsp; 314979 |
| Chesapeake Funding II LLC, 2023-1A, "A1", 5.65%, 5/15/2035 (n) | 1546945 | &nbsp;&nbsp;&nbsp; 1554083 |
| Chesapeake Funding II LLC, 2023-2A, "A1", 6.16%, 10/15/2035 (n) | 1869027 | &nbsp;&nbsp;&nbsp; 1888647 |
| Colt Funding LLC, 2024-2, "A1", 6.125%, 4/25/2069 (n) | 3338321 | &nbsp;&nbsp;&nbsp; 3375254 |
| Colt Funding LLC, 2024-3, "A1", 6.393%, 6/25/2069 (n) | 5182558 | &nbsp;&nbsp;&nbsp; 5263228 |
| Colt Funding LLC, 2024-3, "A2", 6.646%, 6/25/2069 (n) | 1719454 | &nbsp;&nbsp;&nbsp; 1746183 |
| Columbia Cent CLO Ltd., 2025-35A, "AJ", FLR, 5.318% (SOFR - 3mo. + 1.65%), 7/25/2036 (n) | 13881711 | &nbsp;&nbsp;&nbsp; 13902339 |
| Commercial Mortgage Pass-Through Certificates, 2019-BN24, "XA", 0.632%, 11/15/2062 (i) | 34068915 | &nbsp;&nbsp;&nbsp; 742215 |
| Commercial Mortgage Pass-Through Certificates, 2021-BN31, "XA", 1.279%, 2/15/2054 (i) | 50989584 | &nbsp;&nbsp;&nbsp; 2541183 |
| Commercial Mortgage Pass-Through Certificates, 2021-BN32, "XA", 0.757%, 4/15/2054 (i) | 48343900 | &nbsp;&nbsp;&nbsp; 1348205 |
| Commercial Mortgage Pass-Through Certificates, 2021-BN34, "XA", 0.957%, 6/15/2063 (i) | 55240509 | &nbsp;&nbsp;&nbsp; 1973544 |
| Commercial Mortgage Pass-Through Certificates, 2021-BN35, "XA", 1.024%, 6/15/2064 (i) | 31429115 | &nbsp;&nbsp;&nbsp; 1245552 |
| COOPR Residential Mortgage Trust, 2025-CES1, "A1A", 5.654%, 5/25/2060 (n) | 2220607 | &nbsp;&nbsp;&nbsp; 2250325 |
| Dell Equipment Finance Trust, 2024-2, "A2", 4.69%, 8/22/2030 (n) | 2322077 | &nbsp;&nbsp;&nbsp; 2326013 |
| Dell Equipment Finance Trust, 2024-2, "A3", 4.59%, 8/22/2030 (n) | 3403000 | &nbsp;&nbsp;&nbsp; 3425937 |
| DLLST LLC, 2024-1A, "A3", 5.05%, 8/20/2027 (n) | 1185122 | &nbsp;&nbsp;&nbsp; 1190153 |
| Dryden Senior Loan Fund CLO Ltd., 2019-75A, "BR3", FLR, 5.172% (SOFR - 3mo. + 1.5%), 4/14/2034 (n) | 19157552 | &nbsp;&nbsp;&nbsp; 19168414 |
| Dryden Senior Loan Fund, 2017-49A, "BR", CLO, FLR, 5.529% ((SOFR - 3mo. + 0.26161%) + 1.6%), 7/18/2030 (n) | 9054010 | &nbsp;&nbsp;&nbsp; 9094943 |
| Dryden Senior Loan Fund, 2021-95A, "BR", FLR, 5.488% (SOFR - 3mo. + 1.6%), 8/20/2034 (n) | 16500000 | &nbsp;&nbsp;&nbsp; 16512672 |
| Empire District Bondco LLC, 4.943%, 1/01/2033  | 2635559 | &nbsp;&nbsp;&nbsp; 2674498 |
| Enterprise Fleet Financing 2022-4 LLC, "A2", 5.76%, 10/22/2029 (n) | 428437 | &nbsp;&nbsp;&nbsp; 429605 |
| Enterprise Fleet Financing 2023-1 LLC, "A2", 5.51%, 1/22/2029 (n) | 243379 | &nbsp;&nbsp;&nbsp; 243752 |
| Enterprise Fleet Financing 2023-2 LLC, "A2", 5.56%, 4/22/2030 (n) | 1504633 | &nbsp;&nbsp;&nbsp; 1511862 |
| Enterprise Fleet Financing 2023-2 LLC, "A3", 5.5%, 4/22/2030 (n) | 3561000 | &nbsp;&nbsp;&nbsp; 3617228 |
| Enterprise Fleet Financing 2024-3 LLC, "A2", 5.31%, 4/20/2027 (n) | 1474605 | &nbsp;&nbsp;&nbsp; 1479531 |
| Exeter Automobile Receivables Trust, 2024-4A, "A3", 5.28%, 8/15/2030  | 649635 | &nbsp;&nbsp;&nbsp; 650025 |
| Fortress CBO Investments Ltd., 2022-FL3, "AS", FLR, 5.947% (SOFR - 30 day + 2.25%), 2/23/2039 (n) | 5555800 | &nbsp;&nbsp;&nbsp; 5549977 |
| General Motors Co., FLR, 4.157% (SOFR - 1mo. + 0.45%), 11/15/2028 (n) | 5250000 | &nbsp;&nbsp;&nbsp; 5252890 |
| General Motors Co., FLR, 4.257% (SOFR - 1mo. + 0.55%), 11/15/2029 (n) | 7329000 | &nbsp;&nbsp;&nbsp; 7332813 |
| GLS Auto Select Receivables Issuer Trust, 2026-1, "A2", 4.05%, 2/17/2032 (n) | 2450000 | &nbsp;&nbsp;&nbsp; 2450814 |
| Greystone Commercial Real Estate Notes, 2025-FL4, "AS", FLR, 5.819% (SOFR - 1mo. + 2.1385%), 1/15/2043 (n) | 2127500 | &nbsp;&nbsp;&nbsp; 2132710 |
| Greystone Commercial Real Estate Notes, 2025-FL4, "B", FLR, 6.268% (SOFR - 1mo. + 2.5887%), 1/15/2043 (n) | 1330000 | &nbsp;&nbsp;&nbsp; 1332664 |
| GS Mortgage Securities Trust, 2017-GS6, "XA", 0.993%, 5/10/2050 (i) | 37081729 | &nbsp;&nbsp;&nbsp; 352499 |
| GS Mortgage Securities Trust, 2017-GS7, "XA", 1.022%, 8/10/2050 (i) | 34496223 | &nbsp;&nbsp;&nbsp; 372921 |
| GS Mortgage Securities Trust, 2020-GC47, "A5", 1.121%, 5/12/2053 (i) | 38902543 | &nbsp;&nbsp;&nbsp; 1488816 |
| IMPAC Secured Assets Corp., FLR, 4.487% ((SOFR - 1mo. + 0.11448%) + 0.7%), 5/25/2036  | 44398 | &nbsp;&nbsp;&nbsp; 42223 |
| Invesco CLO 2022-2A Ltd., "BR", 5.347%, 7/20/2035 (n) | 15288461 | &nbsp;&nbsp;&nbsp; 15290586 |
| Jersey Mikes Funding LLC, 2026-1A, "A2I", 4.952%, 2/15/2056 (n)(w) | 4748000 | &nbsp;&nbsp;&nbsp; 4748000 |
| JP Morgan Mortgage Trust, 5.592%, 2/25/2064 (n) | 3567672 | &nbsp;&nbsp;&nbsp; 3604974 |
| JP Morgan Trust, 2026-NQM1, "A1", 4.745%, 6/25/2066 (n) | 2710755 | &nbsp;&nbsp;&nbsp; 2711444 |
| JPMorgan Chase Commercial Mortgage Securities Corp., 1.013%, 9/15/2050 (i) | 29651606 | &nbsp;&nbsp;&nbsp; 297471 |
| LAD Auto Receivables Trust, 2024-3A, "A2", 4.64%, 11/15/2027 (n) | 417286 | &nbsp;&nbsp;&nbsp; 417471 |
| LoanCore 2021-CRE5 Ltd., "AS", FLR, 5.544% ((SOFR - 1mo. + 0.11448%) + 1.75%), 7/15/2036 (n) | 4821939 | &nbsp;&nbsp;&nbsp; 4817316 |
| LoanCore 2021-CRE5 Ltd., "B", FLR, 5.795% ((SOFR - 1mo. + 0.11448%) + 2.0%), 7/15/2036 (n) | 3588000 | &nbsp;&nbsp;&nbsp; 3580134 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Asset-Backed & Securitized – continued | Asset-Backed & Securitized – continued | Asset-Backed & Securitized – continued |
| LRECS 2025-CRE1 LLC, "AS", FLR, 5.425% (SOFR - 1mo. + 1.75%), 8/19/2043 (n) | $16500000 | &nbsp;&nbsp;&nbsp; $16540420 |
| Merrill Lynch Mortgage Investors, Inc., 5.95%, 2/25/2037 (a)(d) | 1583290 | &nbsp;&nbsp;&nbsp; 163843 |
| MF1 2022-FL8 Ltd., "C", FLR, 5.873% (SOFR - 30 day + 2.2%), 2/19/2037 (n) | 2198259 | &nbsp;&nbsp;&nbsp; 2185149 |
| MF1 2022-FL9 LLC, "B", FLR, 6.823% (SOFR - 1mo. + 3.15%), 6/19/2037 (n) | 15126500 | &nbsp;&nbsp;&nbsp; 15131991 |
| MF1 2024-FL14 LLC, "C", FLR, 6.964% (SOFR - 1mo. + 3.289%), 3/19/2039 (n) | 3863210 | &nbsp;&nbsp;&nbsp; 3870797 |
| MF1 2025-FL20 LLC, "AS", FLR, 5.375% (SOFR - 1mo. + 1.7%), 2/18/2043 (n) | 11000000 | &nbsp;&nbsp;&nbsp; 11027527 |
| MF1 2025-FL20 LLC, "B", FLR, 5.625% (SOFR - 1mo. + 1.95%), 2/18/2043 (n) | 5078314 | &nbsp;&nbsp;&nbsp; 5091019 |
| MF1 2026-FL21 LLC, "B", FLR, 5.43% (SOFR - 1mo. + 1.75%), 2/18/2041 (n)(w) | 1820322 | &nbsp;&nbsp;&nbsp; 1820415 |
| MF1 2026-FL21 LLC, "AS", FLR, 5.214% (SOFR - 1mo. + 1.55%), 2/18/2041 (n)(w) | 3373031 | &nbsp;&nbsp;&nbsp; 3376188 |
| MF1 2026-FL21 LLC, "C", FLR, 5.614% (SOFR - 1mo. + 1.95%), 2/18/2041 (n)(w) | 6024853 | &nbsp;&nbsp;&nbsp; 6025257 |
| Morgan Stanley Bank of America Merrill Lynch Trust, 2017-C33, "XA", 1.23%, 5/15/2050 (i) | 30200760 | &nbsp;&nbsp;&nbsp; 351942 |
| Morgan Stanley Capital I Trust, 2017-H1, "XA", 1.295%, 6/15/2050 (i) | 14512253 | &nbsp;&nbsp;&nbsp; 170325 |
| Morgan Stanley Capital I Trust, 2018-H4, "XA", 0.807%, 12/15/2051 (i) | 46951314 | &nbsp;&nbsp;&nbsp; 904710 |
| Morgan Stanley Capital I Trust, 2021-L5, "XA", 1.26%, 5/15/2054 (i) | 44280382 | &nbsp;&nbsp;&nbsp; 1907311 |
| Morgan Stanley Capital I Trust, 2021-L6, "XA", 1.14%, 6/15/2054 (i) | 38818393 | &nbsp;&nbsp;&nbsp; 1449234 |
| Morgan Stanley Residential Mortgage Loan Trust, 2024-NQM1, "A1", 6.152%, 12/25/2068 (n) | 4496015 | &nbsp;&nbsp;&nbsp; 4540646 |
| Morgan Stanley Residential Mortgage Loan Trust, 2024-NQM5, "A-1", 5.649%, 10/25/2069 (n) | 8791545 | &nbsp;&nbsp;&nbsp; 8883188 |
| Morgan Stanley Residential Mortgage Loan Trust, 2025-NQM1, "A-1", 5.738%, 11/25/2069 (n) | 12629922 | &nbsp;&nbsp;&nbsp; 12795766 |
| Morgan Stanley Residential Mortgage Loan Trust, 2025-NQM9, "A1", 5.016%, 9/25/2070 (n) | 3847859 | &nbsp;&nbsp;&nbsp; 3867208 |
| New Residential Mortgage Loan Trust, 2024-NQM3, "A-1", 5.53%, 5/25/2065 (n) | 4713511 | &nbsp;&nbsp;&nbsp; 4785278 |
| New Residential Mortgage Loan Trust, 2024-NQMI, "A-1", 6.129%, 3/25/2064 (n) | 5477927 | &nbsp;&nbsp;&nbsp; 5537126 |
| New Residential Mortgage Loan Trust, 2025-NQM1, "A-1", 5.643%, 1/25/2065 (n) | 11602618 | &nbsp;&nbsp;&nbsp; 11810877 |
| NextGear Floorplan Master Owner Trust, 2023-1A, "A1", FLR, 4.807% (SOFR - 1mo. + 1.1%), 3/15/2028 (n) | 4992000 | &nbsp;&nbsp;&nbsp; 4996426 |
| OBX Trust, 2023-NQM5, "A1", 5.988%, 1/25/2064 (n) | 1666531 | &nbsp;&nbsp;&nbsp; 1686157 |
| OBX Trust, 2024-NQM1, "A1", 5.928%, 11/25/2063 (n) | 2036745 | &nbsp;&nbsp;&nbsp; 2052097 |
| OBX Trust, 2024-NQM1, "A2", 6.253%, 11/25/2063 (n) | 617338 | &nbsp;&nbsp;&nbsp; 622542 |
| OBX Trust, 2024-NQM8, "A1", 6.233%, 5/25/2064 (n) | 3924161 | &nbsp;&nbsp;&nbsp; 3979297 |
| OneMain Financial Issuance Trust, 2020-2A, "A", 1.75%, 9/14/2035 (n) | 6062491 | &nbsp;&nbsp;&nbsp; 5974033 |
| OneMain Financial Issuance Trust, 2022-S1, "A", 4.13%, 5/14/2035 (n) | 2220798 | &nbsp;&nbsp;&nbsp; 2220491 |
| Ownit Mortgage Loan Asset-Backed Certificates, 5.79%, 10/25/2035  | 881144 | &nbsp;&nbsp;&nbsp; 490659 |
| Palmer Square Loan Funding, 2025-1A Ltd., "A2", FLR, 5.051% (SOFR - 3mo. + 1.2%), 2/15/2033 (n) | 15500000 | &nbsp;&nbsp;&nbsp; 15500217 |
| Palmer Square Loan Funding, 2025-2A Ltd., "A2", FLR, 5.072% (SOFR - 3mo. + 1.4%), 7/15/2033 (n) | 9500000 | &nbsp;&nbsp;&nbsp; 9505472 |
| PFP III 2026-13 B Ltd., "B", FLR, 5.6% (SOFR - 1mo. + 1.85%), 8/18/2043 (n) | 1015500 | &nbsp;&nbsp;&nbsp; 1019612 |
| PFP III 2025-12 Ltd., "AS", FLR, 5.415% (SOFR - 1mo. + 1.7418%), 12/18/2042 (n) | 10926000 | &nbsp;&nbsp;&nbsp; 10905863 |
| PFP III 2025-12 Ltd., "B", FLR, 5.715% (SOFR - 1mo. + 2.0421%), 12/18/2042 (n) | 5395500 | &nbsp;&nbsp;&nbsp; 5385632 |
| PFP III, 2026-13, "AS", FLR, 5.4% (SOFR - 1mo. + 1.65%), 8/18/2043 (n) | 9185000 | &nbsp;&nbsp;&nbsp; 9224592 |
| PFS Financing Corp., 2025-C, "A", FLR, 4.657%, 4/15/2029 (n) | 6500000 | &nbsp;&nbsp;&nbsp; 6521363 |
| Planet Fitness Master Issuer, 2025-1A, "A2I", 5.274%, 12/06/2055 (n) | 3578000 | &nbsp;&nbsp;&nbsp; 3601730 |
| Provident Funding Mortgage Trust, 2024-1, "A3", 5.5%, 12/25/2054 (n) | 7158595 | &nbsp;&nbsp;&nbsp; 7206138 |
| Provident Funding Mortgage Trust, 2025-1, "A", 5.5%, 2/25/2055 (n) | 11854309 | &nbsp;&nbsp;&nbsp; 11929392 |
| Rate Mortgage Trust, 2025-J3, "A27", FLR, 5.247% (SOFR - 1mo. + 1.55%), 11/25/2055 (n) | 15481253 | &nbsp;&nbsp;&nbsp; 15604662 |
| Santander Mortgage Asset Receivables Trust, 2025-NQM2, "A1", 5.732%, 2/25/2065 (n) | 2014460 | &nbsp;&nbsp;&nbsp; 2040048 |
| Shackleton 2013-4RA CLO Ltd., "B", FLR, 5.813% ((SOFR - 3mo. + 2.1616%) + 1.9%) 4/13/2031 (n) | 2268542 | &nbsp;&nbsp;&nbsp; 2278480 |
| Southwick Park CLO Ltd., 2019-4A, "B2R", 2.46%, 7/20/2032 (n) | 5142000 | &nbsp;&nbsp;&nbsp; 4828554 |
| Southwick Park CLO Ltd., 2019-4A, "CRR", FLR, 5.218% (SOFR - 3mo. + 1.55%), 7/20/2032 (n) | 5472000 | &nbsp;&nbsp;&nbsp; 5470200 |
| Starwood Commercial Mortgage, 2021-FL2, "B", FLR, 5.591% ((SOFR - 1mo. + 0.11448%) + 1.8%), 4/18/2038 (n) | 8644500 | &nbsp;&nbsp;&nbsp; 8620436 |
| Taco Bell Funding LLC, 2025-1A, "A2I", 4.821%, 8/25/2055 (n) | 9952588 | &nbsp;&nbsp;&nbsp; 9902281 |
| TCW Gem Ltd., 2020-1A, "BR3", FLR, 5.267% (SOFR - 3mo. + 1.6%), 4/20/2034 (n) | 17904685 | &nbsp;&nbsp;&nbsp; 17818546 |
| TPG Real Estate Finance, 2025-FL7, "AS", FLR, 5.375% (SOFR - 1mo. + 1.7%), 6/18/2043 (n) | 3885469 | &nbsp;&nbsp;&nbsp; 3885465 |
| TPG Real Estate Finance, 2025-FL7, "B" , FLR, 5.625% (SOFR - 1mo. + 1.95%), 6/18/2043 (n) | 7135803 | &nbsp;&nbsp;&nbsp; 7135793 |
| Trinitas CLO Ltd., 2021-15A, "B1R", FLR, 5.319% (SOFR - 3mo. + 1.65%), 4/22/2034 (n) | 15912802 | &nbsp;&nbsp;&nbsp; 15923098 |
| UBS Commercial Mortgage Trust, 2017-C1, "XA", 0.94%, 11/15/2050 (i) | 19127398 | &nbsp;&nbsp;&nbsp; 232239 |
| UBS Commercial Mortgage Trust, 2018-C14, "XA", 0.887%, 12/15/2051 (i) | 19041175 | &nbsp;&nbsp;&nbsp; 384683 |
| Verus Securitization Trust, 2024-3, "A2", 6.642%, 4/25/2069 (n) | 2723072 | &nbsp;&nbsp;&nbsp; 2767287 |
| Verus Securitization Trust, 2024-6, "A1", 5.799%, 7/25/2069 (n) | 2918454 | &nbsp;&nbsp;&nbsp; 2951477 |
| Virginia Power Fuel Securitization LLC, 5.088%, 5/01/2027  | 1114427 | &nbsp;&nbsp;&nbsp; 1121101 |
| Wells Fargo Commercial Mortgage Trust, 2021-C61, "XA", 1.335%, 11/15/2054 (i) | 43391643 | &nbsp;&nbsp;&nbsp; 2178022 |
|  |  | &nbsp;&nbsp;&nbsp; $782538967 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Automotive – 1.3% | Automotive – 1.3% | Automotive – 1.3% |
| Ford Motor Credit Co. LLC, 5.8%, 3/05/2027  | $16507000 | &nbsp;&nbsp;&nbsp; $16739505 |
| Ford Motor Credit Co. LLC, 5.753%, 4/06/2033  | 5263000 | &nbsp;&nbsp;&nbsp; 5312065 |
| LKQ Corp., 5.75%, 6/15/2028  | 13189000 | &nbsp;&nbsp;&nbsp; 13548002 |
| Stellantis Finance US, Inc., 1.711%, 1/29/2027 (n) | 6594000 | &nbsp;&nbsp;&nbsp; 6436447 |
|  |  | &nbsp;&nbsp;&nbsp; $42036019 |
| Brokerage & Asset Managers – 2.1% | Brokerage & Asset Managers – 2.1% | Brokerage & Asset Managers – 2.1% |
| Brookfield Finance, Inc., 3.9%, 1/25/2028  | $13949000 | &nbsp;&nbsp;&nbsp; $13928230 |
| Charles Schwab Corp., 5.875%, 8/24/2026  | 8657000 | &nbsp;&nbsp;&nbsp; 8744080 |
| Charles Schwab Corp., 5.643% to 5/19/2028, FLR (SOFR - 1 day + 2.210%) to 5/19/2029  | 12920000 | &nbsp;&nbsp;&nbsp; 13408499 |
| LPL Holdings, Inc., 5.7%, 5/20/2027  | 8342000 | &nbsp;&nbsp;&nbsp; 8496241 |
| LPL Holdings, Inc., 4.625%, 11/15/2027 (n) | 4896000 | &nbsp;&nbsp;&nbsp; 4873179 |
| LPL Holdings, Inc., 6.75%, 11/17/2028  | 3844000 | &nbsp;&nbsp;&nbsp; 4088811 |
| LPL Holdings, Inc., 4%, 3/15/2029 (n) | 7734000 | &nbsp;&nbsp;&nbsp; 7627037 |
| LPL Holdings, Inc., 5.2%, 3/15/2030  | 7293000 | &nbsp;&nbsp;&nbsp; 7456030 |
|  |  | &nbsp;&nbsp;&nbsp; $68622107 |
| Business Services – 0.6% | Business Services – 0.6% | Business Services – 0.6% |
| Global Payments, Inc., 1.2%, 3/01/2026  | $8692000 | &nbsp;&nbsp;&nbsp; $8672729 |
| Paychex, Inc., 5.1%, 4/15/2030  | 12480000 | &nbsp;&nbsp;&nbsp; 12836931 |
|  |  | &nbsp;&nbsp;&nbsp; $21509660 |
| Cable TV – 0.7% | Cable TV – 0.7% | Cable TV – 0.7% |
| Cox Communications, Inc., 5.45%, 9/15/2028 (n) | $13143000 | &nbsp;&nbsp;&nbsp; $13517404 |
| Videotron Ltd., 3.625%, 6/15/2029 (n) | 10162000 | &nbsp;&nbsp;&nbsp; 9927586 |
|  |  | &nbsp;&nbsp;&nbsp; $23444990 |
| Computer Software - Systems – 0.1% | Computer Software - Systems – 0.1% | Computer Software - Systems – 0.1% |
| VMware, Inc., 1.4%, 8/15/2026  | $4323000 | &nbsp;&nbsp;&nbsp; $4266415 |
| Conglomerates – 0.6% | Conglomerates – 0.6% | Conglomerates – 0.6% |
| Regal Rexnord Corp., 6.05%, 2/15/2026  | $12114000 | &nbsp;&nbsp;&nbsp; $12117360 |
| Regal Rexnord Corp., 6.05%, 4/15/2028  | 7325000 | &nbsp;&nbsp;&nbsp; 7593223 |
|  |  | &nbsp;&nbsp;&nbsp; $19710583 |
| Consumer Services – 1.6% | Consumer Services – 1.6% | Consumer Services – 1.6% |
| CBRE Services, Inc., 5.5%, 4/01/2029  | $10326000 | &nbsp;&nbsp;&nbsp; $10702084 |
| CBRE Services, Inc., 4.8%, 6/15/2030  | 3015000 | &nbsp;&nbsp;&nbsp; 3058414 |
| eBay, Inc., 4.25%, 3/06/2029  | 8418000 | &nbsp;&nbsp;&nbsp; 8452377 |
| Meituan, 4.5%, 4/02/2028 (n) | 7022000 | &nbsp;&nbsp;&nbsp; 7053341 |
| Meituan, 4.625%, 10/02/2029 (n) | 3769000 | &nbsp;&nbsp;&nbsp; 3795311 |
| Meituan, 4.5%, 5/05/2031 (n) | 3026000 | &nbsp;&nbsp;&nbsp; 2992556 |
| Rentokil Terminix LLC, 5%, 4/28/2030 (n) | 15656000 | &nbsp;&nbsp;&nbsp; 15946946 |
|  |  | &nbsp;&nbsp;&nbsp; $52001029 |
| Containers – 0.4% | Containers – 0.4% | Containers – 0.4% |
| Berry Global, Inc., 1.65%, 1/15/2027  | $9789000 | &nbsp;&nbsp;&nbsp; $9577608 |
| Berry Global, Inc., 5.5%, 4/15/2028  | 1938000 | &nbsp;&nbsp;&nbsp; 1997633 |
|  |  | &nbsp;&nbsp;&nbsp; $11575241 |
| Electrical Equipment – 0.8% | Electrical Equipment – 0.8% | Electrical Equipment – 0.8% |
| Arrow Electronics, Inc., 5.15%, 8/21/2029  | $10627000 | &nbsp;&nbsp;&nbsp; $10871702 |
| Arrow Electronics, Inc., 2.95%, 2/15/2032  | 6039000 | &nbsp;&nbsp;&nbsp; 5408385 |
| Molex Electronic Technologies LLC, 4.75%, 4/30/2028 (n) | 9367000 | &nbsp;&nbsp;&nbsp; 9496020 |
|  |  | &nbsp;&nbsp;&nbsp; $25776107 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Electronics – 1.0% | Electronics – 1.0% | Electronics – 1.0% |
| Broadcom, Inc., 5.05%, 7/12/2027  | $2368000 | &nbsp;&nbsp;&nbsp; $2409991 |
| Broadcom, Inc., 4.75%, 4/15/2029  | 13074000 | &nbsp;&nbsp;&nbsp; 13326224 |
| Broadcom, Inc., 5.05%, 7/12/2029  | 3382000 | &nbsp;&nbsp;&nbsp; 3484314 |
| Broadcom, Inc., 4.35%, 2/15/2030  | 8525000 | &nbsp;&nbsp;&nbsp; 8573135 |
| Broadcom, Inc., 4.3%, 1/15/2031  | 2858000 | &nbsp;&nbsp;&nbsp; 2856248 |
| NXP B.V./NXP Funding LLC/NXP USA, Inc., 4.3%, 8/19/2028  | 3104000 | &nbsp;&nbsp;&nbsp; 3117881 |
|  |  | &nbsp;&nbsp;&nbsp; $33767793 |
| Emerging Market Sovereign – 0.3% | Emerging Market Sovereign – 0.3% | Emerging Market Sovereign – 0.3% |
| Eagle Funding LuxCo S.à r.l. (United Mexican States), 5.5%, 8/17/2030 (n)  | $11215000 | &nbsp;&nbsp;&nbsp; $11392421 |
| Energy - Independent – 1.5% | Energy - Independent – 1.5% | Energy - Independent – 1.5% |
| Diamondback Energy, Inc., 5.2%, 4/18/2027  | $4369000 | &nbsp;&nbsp;&nbsp; $4429470 |
| Diamondback Energy, Inc., 5.15%, 1/30/2030  | 4369000 | &nbsp;&nbsp;&nbsp; 4492617 |
| EQT Corp., 5.7%, 4/01/2028  | 14194000 | &nbsp;&nbsp;&nbsp; 14641409 |
| Occidental Petroleum Corp., 6.625%, 9/01/2030  | 5675000 | &nbsp;&nbsp;&nbsp; 6101925 |
| Pioneer Natural Resources Co., 1.9%, 8/15/2030  | 17638000 | &nbsp;&nbsp;&nbsp; 15998149 |
| Pioneer Natural Resources Co., 2.15%, 1/15/2031  | 5163000 | &nbsp;&nbsp;&nbsp; 4689076 |
|  |  | &nbsp;&nbsp;&nbsp; $50352646 |
| Financial Institutions – 1.6% | Financial Institutions – 1.6% | Financial Institutions – 1.6% |
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust, 6.45%, 4/15/2027  | $5009000 | &nbsp;&nbsp;&nbsp; $5140430 |
| Aviation Capital Group, 4.25%, 4/30/2029 (n) | 10296000 | &nbsp;&nbsp;&nbsp; 10259764 |
| Avolon Holdings Funding Ltd., 4.25%, 4/15/2026 (n) | 2888000 | &nbsp;&nbsp;&nbsp; 2888342 |
| Avolon Holdings Funding Ltd., 2.528%, 11/18/2027 (n) | 6355000 | &nbsp;&nbsp;&nbsp; 6170900 |
| Avolon Holdings Funding Ltd., 2.75%, 2/21/2028 (n) | 4863000 | &nbsp;&nbsp;&nbsp; 4720853 |
| Avolon Holdings Funding Ltd., 6.375%, 5/04/2028 (n) | 5044000 | &nbsp;&nbsp;&nbsp; 5249563 |
| SMBC Aviation Capital Finance DAC, 5.3%, 4/03/2029 (n) | 17518000 | &nbsp;&nbsp;&nbsp; 17992156 |
|  |  | &nbsp;&nbsp;&nbsp; $52422008 |
| Food & Beverages – 2.6% | Food & Beverages – 2.6% | Food & Beverages – 2.6% |
| Bacardi Ltd., 4.7%, 5/15/2028 (n) | $3424000 | &nbsp;&nbsp;&nbsp; $3452514 |
| Bacardi-Martini B.V., 5.25%, 1/15/2029 (n) | 17244000 | &nbsp;&nbsp;&nbsp; 17595351 |
| Constellation Brands, Inc., 4.8%, 5/01/2030  | 7961000 | &nbsp;&nbsp;&nbsp; 8100123 |
| JBS USA Lux S.A./JBS USA Food Co./JBS USA Finance, Inc., 3%, 2/02/2029  | 16557000 | &nbsp;&nbsp;&nbsp; 15984884 |
| JDE Peet's N.V., 1.375%, 1/15/2027 (n) | 8629000 | &nbsp;&nbsp;&nbsp; 8411343 |
| Mars, Inc., 4.6%, 3/01/2028 (n) | 7441000 | &nbsp;&nbsp;&nbsp; 7540504 |
| Mars, Inc., 4.8%, 3/01/2030 (n) | 15614000 | &nbsp;&nbsp;&nbsp; 15952524 |
| Suntory Holdings Ltd., 5.124%, 6/11/2029 (n) | 8773000 | &nbsp;&nbsp;&nbsp; 8996984 |
|  |  | &nbsp;&nbsp;&nbsp; $86034227 |
| Gaming & Lodging – 1.3% | Gaming & Lodging – 1.3% | Gaming & Lodging – 1.3% |
| Flutter Treasury DAC, 5.875%, 6/04/2031 (n) | $10831000 | &nbsp;&nbsp;&nbsp; $10971298 |
| Hyatt Hotels Corp., 5.75%, 1/30/2027  | 5367000 | &nbsp;&nbsp;&nbsp; 5450417 |
| Las Vegas Sands Corp., 5.9%, 6/01/2027  | 3911000 | &nbsp;&nbsp;&nbsp; 3982796 |
| Las Vegas Sands Corp., 5.625%, 6/15/2028  | 6598000 | &nbsp;&nbsp;&nbsp; 6755119 |
| Marriott International, Inc., 4.9%, 4/15/2029  | 15549000 | &nbsp;&nbsp;&nbsp; 15895250 |
|  |  | &nbsp;&nbsp;&nbsp; $43054880 |
| Industrial – 0.1% | Industrial – 0.1% | Industrial – 0.1% |
| Booz Allen Hamilton, Inc., 4%, 7/01/2029 (n)  | $4711000 | &nbsp;&nbsp;&nbsp; $4626496 |
| Insurance – 1.2% | Insurance – 1.2% | Insurance – 1.2% |
| CNO Global Funding, 4.7%, 12/11/2030 (n) | $8514000 | &nbsp;&nbsp;&nbsp; $8507681 |
| Corebridge Financial, Inc., 3.65%, 4/05/2027  | 8294000 | &nbsp;&nbsp;&nbsp; 8257633 |
| Corebridge Global Funding, 5.2%, 1/12/2029 (n) | 5233000 | &nbsp;&nbsp;&nbsp; 5374901 |
| Sammons Financial Group Global Funding, 5.05%, 1/10/2028 (n) | 4095000 | &nbsp;&nbsp;&nbsp; 4160627 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Insurance – continued | Insurance – continued | Insurance – continued |
| Sammons Financial Group Global Funding, 5.1%, 12/10/2029 (n) | $14541000 | &nbsp;&nbsp;&nbsp; $14878994 |
|  |  | &nbsp;&nbsp;&nbsp; $41179836 |
| Insurance - Health – 0.3% | Insurance - Health – 0.3% | Insurance - Health – 0.3% |
| Elevance Health, Inc., 4.5%, 10/30/2026  | $5855000 | &nbsp;&nbsp;&nbsp; $5882144 |
| Elevance Health, Inc., 4.75%, 2/15/2030  | 4976000 | &nbsp;&nbsp;&nbsp; 5066559 |
|  |  | &nbsp;&nbsp;&nbsp; $10948703 |
| Insurance - Property & Casualty – 0.9% | Insurance - Property & Casualty – 0.9% | Insurance - Property & Casualty – 0.9% |
| Ambac Assurance Corp., 5.1%, 6/07/2172 (n) | $23514 | &nbsp;&nbsp;&nbsp; $30802 |
| Arthur J. Gallagher & Co., 4.6%, 12/15/2027  | 6009000 | &nbsp;&nbsp;&nbsp; 6076946 |
| Arthur J. Gallagher & Co., 4.85%, 12/15/2029  | 6008000 | &nbsp;&nbsp;&nbsp; 6146350 |
| Brown & Brown, Inc., 4.7%, 6/23/2028  | 4171000 | &nbsp;&nbsp;&nbsp; 4226328 |
| Marsh & McLennan Cos., Inc., 4.55%, 11/08/2027  | 6055000 | &nbsp;&nbsp;&nbsp; 6121322 |
| Marsh & McLennan Cos., Inc., 4.65%, 3/15/2030  | 6055000 | &nbsp;&nbsp;&nbsp; 6163993 |
|  |  | &nbsp;&nbsp;&nbsp; $28765741 |
| International Market Quasi-Sovereign – 0.3% | International Market Quasi-Sovereign – 0.3% | International Market Quasi-Sovereign – 0.3% |
| NBN Co. Ltd. (Commonwealth of Australia), 5.75%, 10/06/2028 (n)  | $10003000 | &nbsp;&nbsp;&nbsp; $10434779 |
| Machinery & Tools – 0.4% | Machinery & Tools – 0.4% | Machinery & Tools – 0.4% |
| AGCO Corp., 5.45%, 3/21/2027  | $5782000 | &nbsp;&nbsp;&nbsp; $5858738 |
| Ashtead Capital, Inc., 4.25%, 11/01/2029 (n) | 6204000 | &nbsp;&nbsp;&nbsp; 6148766 |
|  |  | &nbsp;&nbsp;&nbsp; $12007504 |
| Major Banks – 11.2% | Major Banks – 11.2% | Major Banks – 11.2% |
| Bank of America Corp., 4.45%, 3/03/2026  | $6999000 | &nbsp;&nbsp;&nbsp; $7003884 |
| Bank of America Corp., 4.25%, 10/22/2026  | 4033000 | &nbsp;&nbsp;&nbsp; 4042434 |
| Bank of America Corp., 1.734% to 7/22/2026, FLR (SOFR - 1 day + 0.96%) to 7/22/2027  | 22751000 | &nbsp;&nbsp;&nbsp; 22512610 |
| Bank of America Corp., 4.183%, 11/25/2027  | 6721000 | &nbsp;&nbsp;&nbsp; 6729714 |
| Barclays PLC, 2.279% to 11/24/2026, FLR (CMT - 1yr. + 1.05%) to 11/24/2027  | 10326000 | &nbsp;&nbsp;&nbsp; 10181664 |
| BNP Paribas S.A., 2.591% to 1/20/2027, FLR (SOFR - 1 day + 1.228%) to 1/20/2028 (n) | 12560000 | &nbsp;&nbsp;&nbsp; 12389690 |
| Capital One Financial Co., 4.722% to 1/30/2031, FLR (SOFR - 1 day + 1.15%) to 1/30/2032 (w) | 8492000 | &nbsp;&nbsp;&nbsp; 8494533 |
| Capital One Financial Corp., 7.149% to 10/29/2026, FLR (SOFR - 1 day + 2.44%) to 10/29/2027  | 1650000 | &nbsp;&nbsp;&nbsp; 1685524 |
| Capital One Financial Corp., 5.7% to 2/01/2029, FLR (SOFR - 1 day + 1.905%) to 2/01/2030  | 2193000 | &nbsp;&nbsp;&nbsp; 2277050 |
| Danske Bank A.S., 5.705% to 3/01/2029, FLR (CMT - 1yr. + 1.4%) to 3/01/2030 (n) | 7786000 | &nbsp;&nbsp;&nbsp; 8097112 |
| Deutsche Bank AG, 7.146% to 7/13/2026, FLR (SOFR - 1 day + 2.52%) to 7/13/2027  | 8420000 | &nbsp;&nbsp;&nbsp; 8534283 |
| Deutsche Bank AG, 2.311% to 11/16/2026, FLR (SOFR - 1 day + 1.219%) to 11/16/2027  | 5284000 | &nbsp;&nbsp;&nbsp; 5209515 |
| Deutsche Bank AG, 6.72% to 1/18/2028, FLR (SOFR - 1 day + 3.18%) to 1/18/2029  | 6381000 | &nbsp;&nbsp;&nbsp; 6683939 |
| Deutsche Bank AG, 4.95% to 8/04/2030, FLR (SOFR - 1 day + 1.3%) to 8/04/2031  | 6683000 | &nbsp;&nbsp;&nbsp; 6761115 |
| Federation des Caisses Desjardins du Quebec, 4.565%, 8/26/2030 (n) | 8606000 | &nbsp;&nbsp;&nbsp; 8656187 |
| Goldman Sachs Group, Inc., 1.948% to 10/21/2026, FLR (SOFR - 1 day + 0.913%) to 10/21/2027  | 8452000 | &nbsp;&nbsp;&nbsp; 8325945 |
| HSBC Holdings PLC, 4.899% to 3/03/2028, FLR (SOFR - 1 day + 1.03%) to 3/03/2029  | 14973000 | &nbsp;&nbsp;&nbsp; 15196702 |
| Huntington Bancshares, Inc., 4.443% to 8/04/2027, FLR (SOFR - 1 day + 1.970%) to 8/04/2028  | 1309000 | &nbsp;&nbsp;&nbsp; 1316546 |
| Huntington Bancshares, Inc., 5.272% to 1/15/2030, FLR (SOFR - 1 day + 1.276%) to 1/15/2031  | 4130000 | &nbsp;&nbsp;&nbsp; 4249828 |
| JPMorgan Chase & Co., 1.04% to 2/04/2026, FLR (SOFR - 1 day + 0.695%) to 2/04/2027  | 6935000 | &nbsp;&nbsp;&nbsp; 6933880 |
| JPMorgan Chase & Co., 1.578% to 4/22/2026, FLR (SOFR - 1 day + 0.885%) to 4/22/2027  | 5873000 | &nbsp;&nbsp;&nbsp; 5841660 |
| JPMorgan Chase & Co., 1.47% to 9/22/2026, FLR (SOFR - 1 day + 0.765%) to 9/22/2027  | 11149000 | &nbsp;&nbsp;&nbsp; 10972804 |
| JPMorgan Chase & Co., 5.04% to 1/23/2027, FLR (SOFR - 1 day + 1.19%) to 1/23/2028  | 18041000 | &nbsp;&nbsp;&nbsp; 18224014 |
| JPMorgan Chase & Co., 5.571% to 4/22/2027, FLR (SOFR - 1 day + 0.93%) to 4/22/2028  | 10252000 | &nbsp;&nbsp;&nbsp; 10445296 |
| Mitsubishi UFJ Financial Group, Inc., 5.159%, 4/24/2031  | 3979000 | &nbsp;&nbsp;&nbsp; 4095556 |
| Mizuho Financial Group, Inc., 4.711% to 7/08/2030, FLR (CMT - 1yr. + 0.92%) to 7/08/2031  | 14398000 | &nbsp;&nbsp;&nbsp; 14573377 |
| Morgan Stanley, 4.35%, 9/08/2026  | 10553000 | &nbsp;&nbsp;&nbsp; 10582342 |
| Morgan Stanley, 3.625%, 1/20/2027  | 6791000 | &nbsp;&nbsp;&nbsp; 6781411 |
| Morgan Stanley, 3.95%, 4/23/2027  | 2440000 | &nbsp;&nbsp;&nbsp; 2439569 |
| Morgan Stanley, 1.512% to 7/20/2026, FLR (SOFR - 1 day + 0.858%) to 7/20/2027  | 18842000 | &nbsp;&nbsp;&nbsp; 18621986 |
| Morgan Stanley, 4.994% to 4/12/2028, FLR (SOFR - 1 day + 1.38%) to 4/12/2029  | 7494000 | &nbsp;&nbsp;&nbsp; 7631104 |
| Morgan Stanley Private Bank N.A., 4.466% to 7/06/2027, FLR (SOFR - 1 day + 0.77%) to 7/06/2028  | 8909000 | &nbsp;&nbsp;&nbsp; 8965880 |
| Morgan Stanley Private Bank N.A., 4.734% to 7/18/2030, FLR (SOFR - 1 day + 1.08%) to 7/18/2031  | 12446000 | &nbsp;&nbsp;&nbsp; 12609598 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Major Banks – continued | Major Banks – continued | Major Banks – continued |
| Nationwide Building Society, 2.972% to 2/16/2027, FLR (SOFR - 1 day + 1.29%) to 2/16/2028 (n) | $10325000 | &nbsp;&nbsp;&nbsp; $10213358 |
| PNC Financial Services Group, Inc., 5.102% to 7/23/2026, FLR (SOFR - 1 day + 0.796%) to 7/23/2027  | 13246000 | &nbsp;&nbsp;&nbsp; 13316741 |
| PNC Financial Services Group, Inc., 5.354% to 12/02/2027, FLR (SOFR - 1 day + 1.62%) to 12/02/2028  | 16902000 | &nbsp;&nbsp;&nbsp; 17320451 |
| Sumitomo Mitsui Financial Group, Inc., 2.174%, 1/14/2027  | 8689000 | &nbsp;&nbsp;&nbsp; 8555622 |
| UBS Group AG, 4.703% to 8/05/2026, FLR (CMT - 1yr. + 2.05%) to 8/05/2027 (n) | 7314000 | &nbsp;&nbsp;&nbsp; 7336876 |
| UBS Group AG, 9.25% to 11/13/2028, FLR (CMT - 5yr. + 4.745%) to 5/13/2172 (n) | 2369000 | &nbsp;&nbsp;&nbsp; 2586430 |
| UBS Group AG, 6.6% to 2/05/2031, FLR (USD SOFR ICE Swap Rate - 5yr. + 3.122%) to 2/05/2174 (n) | 12039000 | &nbsp;&nbsp;&nbsp; 12161726 |
| Wells Fargo & Co., 3.526% to 3/24/2027, FLR (SOFR - 1 day + 1.51%) to 3/24/2028  | 13228000 | &nbsp;&nbsp;&nbsp; 13158252 |
|  |  | &nbsp;&nbsp;&nbsp; $371716208 |
| Medical & Health Technology & Services – 0.3% | Medical & Health Technology & Services – 0.3% | Medical & Health Technology & Services – 0.3% |
| HCA, Inc., 4.3%, 11/15/2030  | $2803000 | &nbsp;&nbsp;&nbsp; $2786869 |
| IQVIA, Inc., 5.7%, 5/15/2028  | 4073000 | &nbsp;&nbsp;&nbsp; 4196412 |
| IQVIA, Inc., 6.25%, 2/01/2029  | 3009000 | &nbsp;&nbsp;&nbsp; 3165651 |
|  |  | &nbsp;&nbsp;&nbsp; $10148932 |
| Metals & Mining – 1.4% | Metals & Mining – 1.4% | Metals & Mining – 1.4% |
| Anglo American Capital PLC, 4.75%, 4/10/2027 (n) | $12924000 | &nbsp;&nbsp;&nbsp; $13020183 |
| Glencore Funding LLC, 1.625%, 4/27/2026 (n) | 8268000 | &nbsp;&nbsp;&nbsp; 8219790 |
| Glencore Funding LLC, 5.186%, 4/01/2030 (n) | 12027000 | &nbsp;&nbsp;&nbsp; 12381086 |
| Rio Tinto Finance (USA) PLC, 4.5%, 3/14/2028  | 6206000 | &nbsp;&nbsp;&nbsp; 6282194 |
| Rio Tinto Finance (USA) PLC, 4.875%, 3/14/2030  | 7081000 | &nbsp;&nbsp;&nbsp; 7259947 |
|  |  | &nbsp;&nbsp;&nbsp; $47163200 |
| Midstream – 1.7% | Midstream – 1.7% | Midstream – 1.7% |
| Columbia Pipelines Holdings Co. LLC, 6.042%, 8/15/2028 (n) | $14822000 | &nbsp;&nbsp;&nbsp; $15439018 |
| DCP Midstream Operating LP, 5.625%, 7/15/2027  | 14003000 | &nbsp;&nbsp;&nbsp; 14257473 |
| Enbridge, Inc., 5.25%, 4/05/2027  | 9732000 | &nbsp;&nbsp;&nbsp; 9865965 |
| Enbridge, Inc., 4.9%, 6/20/2030  | 4364000 | &nbsp;&nbsp;&nbsp; 4455670 |
| Energy Transfer LP, 5.55%, 2/15/2028  | 4370000 | &nbsp;&nbsp;&nbsp; 4494281 |
| Plains All American Pipeline LP, 4.7%, 1/15/2031  | 7113000 | &nbsp;&nbsp;&nbsp; 7152349 |
|  |  | &nbsp;&nbsp;&nbsp; $55664756 |
| Mortgage-Backed – 0.4% | Mortgage-Backed – 0.4% |  |
| Fannie Mae, 3%, 12/01/2031  | $531266 | &nbsp;&nbsp;&nbsp; $520231 |
| Fannie Mae, 6.48%, 3/01/2033  | 24203 | &nbsp;&nbsp;&nbsp; 24705 |
| Fannie Mae, 6.375%, 5/01/2033  | 51118 | &nbsp;&nbsp;&nbsp; 52282 |
| Fannie Mae, 4.697%, 2/25/2045 (n) | 2566646 | &nbsp;&nbsp;&nbsp; 2569037 |
| Freddie Mac, 4.421%, 7/25/2029  | 2457125 | &nbsp;&nbsp;&nbsp; 2457458 |
| Freddie Mac, 1.567%, 4/25/2030 (i) | 28263259 | &nbsp;&nbsp;&nbsp; 1530088 |
| Freddie Mac, 3%, 4/15/2033 - 6/15/2045  | 5890390 | &nbsp;&nbsp;&nbsp; 5736154 |
| Freddie Mac, 2%, 7/15/2042  | 759240 | &nbsp;&nbsp;&nbsp; 718546 |
| Ginnie Mae, 5.375%, 7/20/2032  | 16638 | &nbsp;&nbsp;&nbsp; 16869 |
|  |  | &nbsp;&nbsp;&nbsp; $13625370 |
| Municipals – 0.2% | Municipals – 0.2% | Municipals – 0.2% |
| Kentucky Higher Education Student Loan Corp. Rev., Taxable, "A-2", 5.949%, 6/01/2037  | $6345000 | &nbsp;&nbsp;&nbsp; $6534693 |
| Massachusetts Educational Financing Authority, Education Loan Rev., Taxable, "A", 2.562%, 7/01/2026  | 1005000 | &nbsp;&nbsp;&nbsp; 999789 |
|  |  | &nbsp;&nbsp;&nbsp; $7534482 |
| Network & Telecom – 0.5% | Network & Telecom – 0.5% | Network & Telecom – 0.5% |
| NTT Finance Corp., 4.567%, 7/16/2027 (n) | $2786000 | &nbsp;&nbsp;&nbsp; $2810278 |
| NTT Finance Corp., 4.62%, 7/16/2028 (n) | 5972000 | &nbsp;&nbsp;&nbsp; 6050434 |
| NTT Finance Corp., 4.876%, 7/16/2030 (n) | 5972000 | &nbsp;&nbsp;&nbsp; 6089403 |
|  |  | &nbsp;&nbsp;&nbsp; $14950115 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Oil Services – 0.3% | Oil Services – 0.3% | Oil Services – 0.3% |
| Schlumberger Holdings Corp., 5%, 5/29/2027 (n) | $5832000 | &nbsp;&nbsp;&nbsp; $5905132 |
| Schlumberger Holdings Corp., 5%, 11/15/2029 (n) | 4083000 | &nbsp;&nbsp;&nbsp; 4187526 |
|  |  | &nbsp;&nbsp;&nbsp; $10092658 |
| Oils – 0.3% | Oils – 0.3% | Oils – 0.3% |
| Marathon Petroleum Corp., 5.15%, 3/01/2030  | $11074000 | &nbsp;&nbsp;&nbsp; $11400300 |
| Other Banks & Diversified Financials – 3.0% | Other Banks & Diversified Financials – 3.0% | Other Banks & Diversified Financials – 3.0% |
| AIB Group PLC, 6.608% to 9/13/2028, FLR (SOFR - 1 day + 2.33%) to 9/13/2029 (n) | $2036000 | &nbsp;&nbsp;&nbsp; $2159894 |
| American Express Co., 4.731% to 4/25/2028, FLR (SOFR - 1 day + 1.26%) to 4/25/2029  | 13906000 | &nbsp;&nbsp;&nbsp; 14115479 |
| Banque Federative du Credit Mutuel S.A., 5.896%, 7/13/2026 (n) | 7978000 | &nbsp;&nbsp;&nbsp; 8049359 |
| BPCE S.A., 5.281%, 5/30/2029 (n) | 8749000 | &nbsp;&nbsp;&nbsp; 9013490 |
| CaixaBank S.A., 4.634% to 7/03/2028, FLR (SOFR - 1 day + 1.14%) to 7/03/2029 (n) | 4184000 | &nbsp;&nbsp;&nbsp; 4227763 |
| CaixaBank S.A., 5.673% to 3/15/2029, FLR (SOFR - 1 day + 1.78%) to 3/15/2030 (n) | 12461000 | &nbsp;&nbsp;&nbsp; 12950572 |
| Citizens Financial Group, Inc., 5.841% to 1/23/2029, FLR (SOFR - 1 day + 2.01%) to 1/23/2030  | 9750000 | &nbsp;&nbsp;&nbsp; 10169720 |
| First Citizens Bancshare, Inc., 5.231% to 3/12/2030, FLR (SOFR - 1 day + 1.41%) to 3/12/2031  | 4793000 | &nbsp;&nbsp;&nbsp; 4863283 |
| M&T Bank Corp., 4.833% to 1/16/2028, FLR (SOFR - 1 day + 0.93%) to 1/16/2029  | 5819000 | &nbsp;&nbsp;&nbsp; 5912672 |
| M&T Bank Corp., 7.413% to 10/30/2028, FLR (SOFR - 1 day + 2.80%) to 10/30/2029  | 3652000 | &nbsp;&nbsp;&nbsp; 3958703 |
| Synchrony Financial, 5.019% to 7/29/2028, FLR (SOFR - 1 day + 1.395%) to 7/29/2029  | 5747000 | &nbsp;&nbsp;&nbsp; 5814073 |
| Truist Financial Corp., 5.435% to 1/24/2029, FLR (SOFR - 1 day + 1.62%) to 1/24/2030  | 16559000 | &nbsp;&nbsp;&nbsp; 17137437 |
|  |  | &nbsp;&nbsp;&nbsp; $98372445 |
| Pharmaceuticals – 0.3% | Pharmaceuticals – 0.3% | Pharmaceuticals – 0.3% |
| Biogen, Inc., 5.05%, 1/15/2031  | $9580000 | &nbsp;&nbsp;&nbsp; $9860841 |
| Printing & Publishing – 0.3% | Printing & Publishing – 0.3% | Printing & Publishing – 0.3% |
| News Corp., 3.875%, 5/15/2029 (n)  | $9172000 | &nbsp;&nbsp;&nbsp; $8935995 |
| Real Estate - Apartment – 0.3% | Real Estate - Apartment – 0.3% | Real Estate - Apartment – 0.3% |
| American Homes 4 Rent LP, REIT, 4.95%, 6/15/2030  | $9703000 | &nbsp;&nbsp;&nbsp; $9828595 |
| Real Estate - Office – 0.5% | Real Estate - Office – 0.5% | Real Estate - Office – 0.5% |
| Corporate Office Property LP, REIT, 2.25%, 3/15/2026  | $13184000 | &nbsp;&nbsp;&nbsp; $13155377 |
| Corporate Office Property LP, REIT, 2%, 1/15/2029  | 2060000 | &nbsp;&nbsp;&nbsp; 1936364 |
|  |  | &nbsp;&nbsp;&nbsp; $15091741 |
| Real Estate - Retail – 0.5% | Real Estate - Retail – 0.5% | Real Estate - Retail – 0.5% |
| STORE Capital Corp., REIT, 4.5%, 3/15/2028  | $1747000 | &nbsp;&nbsp;&nbsp; $1753373 |
| WEA Finance LLC, 4.125%, 9/20/2028 (n) | 10680000 | &nbsp;&nbsp;&nbsp; 10603199 |
| WEA Finance LLC, 3.5%, 6/15/2029 (n) | 2637000 | &nbsp;&nbsp;&nbsp; 2552922 |
| WEA Finance LLC, REIT, 2.875%, 1/15/2027 (n) | 1822000 | &nbsp;&nbsp;&nbsp; 1797940 |
|  |  | &nbsp;&nbsp;&nbsp; $16707434 |
| Retailers – 0.8% | Retailers – 0.8% | Retailers – 0.8% |
| AutoNation, Inc., 4.45%, 1/15/2029  | $16914000 | &nbsp;&nbsp;&nbsp; $16951383 |
| AutoNation, Inc., 3.85%, 3/01/2032  | 8901000 | &nbsp;&nbsp;&nbsp; 8395942 |
|  |  | &nbsp;&nbsp;&nbsp; $25347325 |
| Specialty Chemicals – 0.0% | Specialty Chemicals – 0.0% | Specialty Chemicals – 0.0% |
| International Flavors & Fragrances, Inc., 1.832%, 10/15/2027 (n)  | $1320000 | &nbsp;&nbsp;&nbsp; $1269949 |
| Specialty Stores – 0.5% | Specialty Stores – 0.5% | Specialty Stores – 0.5% |
| Genuine Parts Co., 4.95%, 8/15/2029  | $8889000 | &nbsp;&nbsp;&nbsp; $9033172 |
| Ross Stores, Inc., 0.875%, 4/15/2026  | 7863000 | &nbsp;&nbsp;&nbsp; 7815143 |
|  |  | &nbsp;&nbsp;&nbsp; $16848315 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Telecommunications - Wireless – 0.6% | Telecommunications - Wireless – 0.6% | Telecommunications - Wireless – 0.6% |
| Crown Castle, Inc., REIT, 2.9%, 3/15/2027  | $3817000 | &nbsp;&nbsp;&nbsp; $3769776 |
| Rogers Communications, Inc., 3.2%, 3/15/2027  | 12956000 | &nbsp;&nbsp;&nbsp; 12839803 |
| T-Mobile USA, Inc., 4.2%, 10/01/2029  | 4489000 | &nbsp;&nbsp;&nbsp; 4501781 |
|  |  | &nbsp;&nbsp;&nbsp; $21111360 |
| Tobacco – 1.2% | Tobacco – 1.2% | Tobacco – 1.2% |
| B.A.T. International Finance PLC, 5.931%, 2/02/2029  | $15232000 | &nbsp;&nbsp;&nbsp; $15988530 |
| Japan Tobacco, Inc., 4.85%, 5/15/2028 (n) | 9362000 | &nbsp;&nbsp;&nbsp; 9531759 |
| Philip Morris International, Inc., 5.125%, 11/17/2027  | 2988000 | &nbsp;&nbsp;&nbsp; 3051246 |
| Philip Morris International, Inc., 4.875%, 2/15/2028  | 6300000 | &nbsp;&nbsp;&nbsp; 6418391 |
| Philip Morris International, Inc., 4.125%, 4/28/2028  | 5549000 | &nbsp;&nbsp;&nbsp; 5576414 |
|  |  | &nbsp;&nbsp;&nbsp; $40566340 |
| Transportation - Services – 1.8% | Transportation - Services – 1.8% | Transportation - Services – 1.8% |
| Element Fleet Management Corp., 5.643%, 3/13/2027 (n) | $13058000 | &nbsp;&nbsp;&nbsp; $13265813 |
| Element Fleet Management Corp., 5.037%, 3/25/2030 (n) | 14335000 | &nbsp;&nbsp;&nbsp; 14646141 |
| GXO Logistics, Inc., 6.25%, 5/06/2029  | 5893000 | &nbsp;&nbsp;&nbsp; 6216243 |
| Penske Truck Leasing Co. LP, 5.35%, 1/12/2027 (n) | 5489000 | &nbsp;&nbsp;&nbsp; 5552492 |
| Penske Truck Leasing Co. LP, 5.35%, 3/30/2029 (n) | 8420000 | &nbsp;&nbsp;&nbsp; 8670894 |
| Penske Truck Leasing Co. LP, 5.25%, 7/01/2029 (n) | 6187000 | &nbsp;&nbsp;&nbsp; 6360129 |
| Triton International Ltd., 5.15%, 2/15/2033  | 5201000 | &nbsp;&nbsp;&nbsp; 5177181 |
|  |  | &nbsp;&nbsp;&nbsp; $59888893 |
| U.S. Treasury Obligations – 22.8% | U.S. Treasury Obligations – 22.8% | U.S. Treasury Obligations – 22.8% |
| U.S. Treasury Notes, 3.375%, 11/30/2027  | $66540000 | &nbsp;&nbsp;&nbsp; $66352856 |
| U.S. Treasury Notes, 4.125%, 7/31/2028  | 50000000 | &nbsp;&nbsp;&nbsp; 50660156 |
| U.S. Treasury Notes, 4.875%, 10/31/2028 (f) | 282349000 | &nbsp;&nbsp;&nbsp; 291679754 |
| U.S. Treasury Notes, 4.625%, 4/30/2029  | 337324000 | &nbsp;&nbsp;&nbsp; 347391013 |
|  |  | &nbsp;&nbsp;&nbsp; $756083779 |
| Utilities - Electric Power – 1.8% | Utilities - Electric Power – 1.8% | Utilities - Electric Power – 1.8% |
| Algonquin Power & Utilities Corp., 5.365%, 6/15/2026  | $3482000 | &nbsp;&nbsp;&nbsp; $3497655 |
| American Transmission Systems, Inc., 2.65%, 1/15/2032 (n) | 1347000 | &nbsp;&nbsp;&nbsp; 1214839 |
| Con Edison Co. of NY, Inc., FLR, 4.323% (SOFR - 1 day + 0.52%), 11/18/2027  | 8765000 | &nbsp;&nbsp;&nbsp; 8783336 |
| Eversource Energy, 4.45%, 12/15/2030  | 13220000 | &nbsp;&nbsp;&nbsp; 13198034 |
| NextEra Energy Capital Holdings, Inc., 4.685%, 9/01/2027  | 8620000 | &nbsp;&nbsp;&nbsp; 8718631 |
| Pacific Gas & Electric Co., 6.1%, 1/15/2029  | 8343000 | &nbsp;&nbsp;&nbsp; 8749958 |
| Pacific Gas & Electric Co., 5.55%, 5/15/2029  | 6193000 | &nbsp;&nbsp;&nbsp; 6397490 |
| PSEG Power LLC, 5.2%, 5/15/2030 (n) | 3214000 | &nbsp;&nbsp;&nbsp; 3297083 |
| Trans-Allegheny Interstate Line Co., 5%, 1/15/2031 (n) | 4372000 | &nbsp;&nbsp;&nbsp; 4494117 |
|  |  | &nbsp;&nbsp;&nbsp; $58351143 |
| **Total Bonds**  |  | &nbsp;&nbsp; **$3170998992** |
| Mutual Funds (h) – 4.9%  | Mutual Funds (h) – 4.9%  | Mutual Funds (h) – 4.9%  |
| Money Market Funds – 4.9% | Money Market Funds – 4.9% |  |
| MFS Institutional Money Market Portfolio, 3.73% (v)  | 163591088 | &nbsp;&nbsp;&nbsp; $163623806 |
| Other Assets, Less Liabilities – (0.5)% |  | &nbsp;&nbsp;&nbsp; (16690638)<br>|
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; **$3317932160** |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(d) In default.

&nbsp;&nbsp;&nbsp;&nbsp;(f) All or a portion of the security has been segregated as collateral for open futures
 contracts and cleared swap agreements.

&nbsp;&nbsp;&nbsp;&nbsp;(h) An affiliated issuer, which may be considered one in which the fund owns 5% or more
 of the outstanding voting securities, or a company which is under common control. At period end, the aggregate values of the fund's investments in affiliated
 issuers and in unaffiliated issuers were $163,623,806 and $3,170,998,992, respectively.

&nbsp;&nbsp;&nbsp;&nbsp;(i) Interest only security for which the fund receives interest on notional principal
 (Par amount). Par amount shown is the notional principal and does not reflect the cost of the security.

------

*Portfolio of Investments (unaudited) – continued*

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

&nbsp;&nbsp;&nbsp;&nbsp;(n) Securities exempt from registration under Rule 144A of the Securities Act of 1933.
 These securities may be sold in the ordinary course of business in transactions exempt from registration, normally to qualified institutional buyers.
 At period end, the aggregate value of these securities was $1,263,989,142, representing 38.1% of net assets.

&nbsp;&nbsp;&nbsp;&nbsp;(q) Interest received was less than stated coupon rate.

&nbsp;&nbsp;&nbsp;&nbsp;(v) Affiliated issuer that is available only to investment companies managed by MFS. The
 rate quoted for the MFS Institutional Money Market Portfolio is the annualized seven-day yield of the fund at period end.

&nbsp;&nbsp;&nbsp;&nbsp;(w) When-issued security.

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

---

| | |
|:---|:---|
| The following abbreviations are used in this report and are defined: | The following abbreviations are used in this report and are defined: |
| CLO | Collateralized Loan Obligation |
| CMT | Constant Maturity Treasury  |
| FLR | Floating Rate. Interest rate resets periodically based on the parenthetically disclosed reference rate plus a spread (if any). The period-end rate <br> reported may not be the current rate. All reference rates are USD unless otherwise noted.<br>|
| ICE | Intercontinental Exchange |
| REIT | Real Estate Investment Trust |
| SOFR | Secured Overnight Financing Rate |

---

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Derivative Contracts at 1/31/26** | **Derivative Contracts at 1/31/26** | **Derivative Contracts at 1/31/26** | **Derivative Contracts at 1/31/26** | **Derivative Contracts at 1/31/26** | **Derivative Contracts at 1/31/26** | **Derivative Contracts at 1/31/26** |
| **Futures Contracts**  | **Futures Contracts**  | **Futures Contracts**  | **Futures Contracts**  | **Futures Contracts**  | **Futures Contracts**  | **Futures Contracts**  |
| **Description** | **Long/** <br>**Short**<br>| **Currency** | **Contracts** | &nbsp;&nbsp; **Notional** <br>**Amount**<br>| &nbsp;&nbsp; **Expiration** <br>**Date**<br>| **Value/Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>|
| **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** |
| ***Interest Rate Futures***  | ***Interest Rate Futures***  | ***Interest Rate Futures***  | ***Interest Rate Futures***  | ***Interest Rate Futures***  |  |  |
| U.S. Treasury Note 2 yr | &nbsp;&nbsp; Long | &nbsp;&nbsp; USD | &nbsp;&nbsp; 154 | $32107797 | March – 2026 | &nbsp;&nbsp; $(69410)<br>|

---

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

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Cleared Swap Agreements**  | **Cleared Swap Agreements**  | **Cleared Swap Agreements**  | **Cleared Swap Agreements**  | **Cleared Swap Agreements**  | **Cleared Swap Agreements**  | **Cleared Swap Agreements**  | **Cleared Swap Agreements**  | **Cleared Swap Agreements**  |
| **Maturity** <br>**Date** | **Maturity** <br>**Date** | &nbsp;&nbsp; **Notional** <br>**Amount**<br>| **Counterparty** | &nbsp;&nbsp; **Cash Flows** <br>**to Receive/** <br>**Frequency**<br>| &nbsp;&nbsp; **Cash Flows** <br>**to Pay/** <br>**Frequency**<br>| **Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>| **Net** <br>**Unamortized** <br>**Upfront** <br>**Payments** <br>**(Receipts)**<br>| **Value** |
| **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** |  |  |  |
| ***Interest Rate Swaps***  | ***Interest Rate Swaps***  | ***Interest Rate Swaps***  | ***Interest Rate Swaps***  | ***Interest Rate Swaps***  | ***Interest Rate Swaps***  |  |  |  |
| 10/02/26 | USD | 228000000  | centrally cleared | 4.697%/Annually  | 1 - day SOFR/Annually  | &nbsp;&nbsp; $2244000 | &nbsp;&nbsp; $(4812)<br>| &nbsp;&nbsp; $2239188 |
| 10/02/26 | USD | 70900000  | centrally cleared | 4.664%/Annually  | 1 - day SOFR/Annually  | &nbsp;&nbsp; 671191 | &nbsp;&nbsp; — | &nbsp;&nbsp; 671191 |
| 12/23/27 | USD | 113000000  | centrally cleared | 4.106%/Annually  | 1 - day SOFR/Annually  | &nbsp;&nbsp; 1566898 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1566898 |
|  |  |  |  |  |  | &nbsp;&nbsp; $4482089 | &nbsp;&nbsp; $(4812)<br>| &nbsp;&nbsp; $4477277 |

---

At January 31, 2026, the fund had liquid securities collateral with an aggregate value of $2,623,948 to cover any collateral or margin obligations for certain derivative contracts.

See attached supplemental information. For more information see notes to financial statements as disclosed in the most recent semiannual or annual report.

------

**Supplemental Information**

1/31/26 (unaudited)

The fund is an investment company and accordingly follows the investment company accounting and reporting guidance of the Financial

Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 Financial Services - Investment Companies.

**(1) Investment Valuations**

Subject to its oversight, the fund's Board of Trustees has delegated primary responsibility for determining or causing to be determined the value of the fund's investments to MFS as the fund's adviser, pursuant to the fund's valuation policy and procedures which have been adopted by the adviser and approved by the Board. In accordance with Rule 2a-5 under the Investment Company Act of 1940, the Board of Trustees designated the adviser as the "valuation designee" of the fund. If the adviser, as valuation designee, determines that reliable market quotations are not readily available for an investment, the investment is valued at fair value as determined in good faith by the adviser in accordance with the adviser's fair valuation policy and procedures.

Under the fund's valuation policy and procedures, debt instruments and floating rate loans, including restricted debt instruments, are

generally valued at an evaluated or composite bid as provided by a third-party pricing service. Short-term instruments with a maturity at

issuance of 60 days or less may be valued at amortized cost, which approximates market value. Futures contracts are generally valued at last posted settlement price on their primary exchange as provided by a third-party pricing service. Futures contracts for which there were no trades that day for a particular position are generally valued at the closing bid quotation on their primary exchange as provided by a

third-party pricing service. Swap agreements are generally valued using valuations provided by a third-party pricing service, which for cleared

swaps includes an evaluation of any trading activity at the clearinghouses. Open-end investment companies are generally valued at net asset

value per share. The values of foreign securities and other assets and liabilities expressed in foreign currencies are converted to U.S. dollars using the mean of bid and asked prices for rates provided by a third-party pricing service.

Under the fund's valuation policy and procedures, market quotations are not considered to be readily available for debt instruments, floating rate loans, and many types of derivatives. These investments are generally valued at fair value based on information from third-party pricing services or otherwise determined by the adviser in accordance with the adviser's fair valuation policy and procedures. Securities and other assets generally valued on the basis of information from a third-party pricing service may also be valued at a broker/dealer bid quotation. In determining values, third-party pricing services can utilize both transaction data and market information such as yield, quality, coupon rate, maturity, type of issue, trading characteristics, spreads and other market data. Pricing services generally value debt instruments assuming orderly transactions of institutional round lot sizes, but a fund may hold or transact in such securities in smaller, odd lot sizes. In instances where a fund holds an odd lot size position in a debt instrument, such position will typically be valued using the pricing agent's institutional round lot price for the debt instrument. Odd lots may trade at lower prices than institutional round lots, and the fund may receive different prices when it sells odd lot positions than it would receive for sales of institutional round lot positions. An investment may also be valued at fair value if the adviser determines that the investment's value has been materially affected by events occurring after the close of the exchange or market on which the investment is principally traded (such as foreign exchange or market) and prior to the determination of the fund's net asset value, or after the halt of trading of a specific security where trading does not resume prior to the close of the exchange or market on which the security is principally traded. The adviser generally relies on third-party pricing services or other information (such as the correlation with price movements of similar securities in the same or other markets; the type, cost and investment characteristics of the security; the business and financial condition of the issuer; and trading and other market data) to assist in determining whether to fair value and at what value to fair value an investment. The value of an investment for purposes of calculating the fund's net asset value can differ depending on the source and method used to determine value. When fair valuation is used, the value of an investment used to determine the fund's net asset value may differ from quoted or published prices for the same investment. There can be no assurance that the fund could obtain the fair value assigned to an investment if it were to sell the investment at the same time at which the fund determines its net

asset value per share.

Various inputs are used in determining the value of the fund's assets or liabilities. These inputs are categorized into three broad levels. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, an investment's level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The fund's assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the investment. Level 1 includes unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 includes other significant observable market-based inputs (including quoted prices for similar securities, interest rates, prepayment speed, and credit risk).

------

*Supplemental Information (unaudited) – continued*

Level 3 includes significant unobservable inputs, which may include the adviser's own assumptions in determining the fair value of investments. Other financial instruments are derivative instruments, such as futures contracts and swap agreements. The following is a summary of the levels used as of January 31, 2026 in valuing the fund's assets and liabilities:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Financial Instruments** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| U.S. Treasury Bonds & U.S. Government Agencies & Equivalents | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $756083779 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $756083779 |
| Non - U.S. Sovereign Debt | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 21827200 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 21827200 |
| Municipal Bonds | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 7534482 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 7534482 |
| U.S. Corporate Bonds | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1101209586 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1101209586 |
| Residential Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 156126693 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 156126693 |
| Commercial Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 102274071 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 102274071 |
| Asset-Backed Securities (including CDOs) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 537763573 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 537763573 |
| Foreign Bonds | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 488179608 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 488179608 |
| Investment Companies | &nbsp;&nbsp;&nbsp; 163623806 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 163623806 |
| Total | &nbsp;&nbsp;&nbsp; $163623806 | &nbsp;&nbsp;&nbsp; $3170998992 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $3334622798 |
| **Other Financial Instruments** |  |  |  |  |
| Futures Contracts – Liabilities | &nbsp;&nbsp;&nbsp; $(69410)<br>| &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $(69410)<br>|
| Swap Agreements – Assets | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 4477277 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 4477277 |

---

For further information regarding security characteristics, see the Portfolio of Investments.

**(2) Investments in Affiliated Issuers**

An affiliated issuer may be considered one in which the fund owns 5% or more of the outstanding voting securities, or a company which is under common control. The following were affiliated issuers for the period ended January 31, 2026:

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated Issuers** | **Beginning** <br>**Value**<br>| **Purchases** | **Sales** <br>**Proceeds**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Change in** <br>**Unrealized** <br>**Appreciation or** <br>**Depreciation**<br>| **Ending** <br>**Value**<br>|
| MFS Institutional Money Market Portfolio  | &nbsp;&nbsp; $44720022 | &nbsp;&nbsp; $713008321 | &nbsp;&nbsp; $594118191 | &nbsp;&nbsp; $2743 | &nbsp;&nbsp; $10911 | &nbsp;&nbsp; $163623806<br>|

---

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

---

| | | |
|:---|:---|:---|
| **Affiliated Issuers** | **Dividend** <br>**Income**<br>| **Capital Gain** <br>**Distributions**<br>|
| MFS Institutional Money Market Portfolio  | &nbsp;&nbsp; $2244403 | &nbsp;&nbsp; $— |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** MFS Series Trust IX

- **b. Investment Company Act file number:** 811-02464

- **c. CIK number of Registrant:** 0000063075

- **d. LEI of Registrant:** 549300IJONSVWD5I9F62

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

  - **Street Address 1:** 111 Huntington Avenue

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02199

  - **Telephone number:** 617-954-5000

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

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

- **b. EDGAR series identifier (if any):** S000002495

- **c. LEI of Series:** 7ER38PJ2TK60L3Y32478

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2026-01-31

**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:** $3381651741.50

**Total Liabilities:** $63719683.01

**Net Assets:** $3317932058.49

**Delayed Delivery Securities:** $25855706.00

**Cash Not Reported:** $926922.78

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -11159.24456580 | **1-Year:** -195815.41328530 | **5-Year:** -234433.57579830 | **10-Year:** -18366.29553670 | **30-Year:** -5390.11040500

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

- **3-Month:** -845.38591940 | **1-Year:** -12542.19779650 | **5-Year:** -15205.54719070 | **10-Year:** -6281.00441070 | **30-Year:** -3465.00932460

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000006751 | 0.48%                | 0.14%                | 0.29%                |
| Class ID C000006744 | 0.56%                | 0.39%                | 0.38%                |
| Class ID C000006745 | 0.55%                | 0.21%                | 0.36%                |
| Class ID C000006755 | 0.36%                | 0.36%                | 0.34%                |
| Class ID C000006750 | 0.49%                | 0.15%                | 0.30%                |
| Class ID C000006753 | 0.48%                | 0.14%                | 0.29%                |
| Class ID C000119776 | 0.57%                | 0.23%                | 0.38%                |
| Class ID C000006746 | 0.56%                | 0.22%                | 0.38%                |
| Class ID C000006756 | 0.37%                | 0.37%                | 0.35%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $72619.35                | $4106224.29                                |
| Month 2  | $494954.86               | $-2303073.38                               |
| Month 3  | $1376763.43              | $-1886231.62                               |

**Designated Index Information**

- **Index Name:** Barclays US Govt Credit 1 to 3 yr Index

- **Index Identifier:** LD01TRUU

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| JPMorgan Chase & Co.                               | JPMorgan Chase & Co.                                                          | CUSIP: 46647PCP9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  11149000 | PA      | $10972804.33  | 0.33%             | 2027-09-22      | Variable      | 1.47%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                          | OBX Trust, Series 2024-NQM5, Class A1                                         | CUSIP: 67448NAA6<br>LEI: 254900RDM4XSF0B1E373 | Long             | ABS-MBS          | CORP              | US        |   1666531 | PA      | $1686156.87   | 0.05%             | 2064-01-25      | Variable      | 5.99%                 | Yes           |                  2 | On Loan: No      |
| COPT Defense Properties LP                         | COPT Defense Properties LP                                                    | CUSIP: 22003BAN6<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              | CORP              | US        |   2060000 | PA      | $1936363.81   | 0.06%             | 2029-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                | New Residential Mortgage Loan Trust, Series 2024-NQM1, Class A1               | CUSIP: 64828DAA5<br>LEI: 213800TFYSB4XLW7QW74 | Long             | ABS-MBS          | CORP              | US        |   5477927 | PA      | $5537126.00   | 0.17%             | 2064-03-25      | Variable      | 6.13%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley                                     | Morgan Stanley                                                                | CUSIP: 61747YFY6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   7494000 | PA      | $7631104.38   | 0.23%             | 2029-04-12      | Variable      | 4.99%                 | No            |                  2 | On Loan: No      |
| BDS Ltd.                                           | BDS Ltd., Series 2021-FL10, Class B                                           | CUSIP: 07335YAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3637500 | PA      | $3639787.99   | 0.11%             | 2036-12-16      | Floating      | 5.74%                 | Yes           |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                | New Residential Mortgage Loan Trust, Series 2025-NQM3, Class A1               | CUSIP: 64832CAC7<br>LEI: 2138002D8CMDYG7QOU84 | Long             | ABS-MBS          | CORP              | US        |   4713511 | PA      | $4785278.36   | 0.14%             | 2065-05-25      | Variable      | 5.53%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                | Connecticut Avenue Securities Trust, Series 2025-R02, Class 1A1               | CUSIP: 20754TAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2566646 | PA      | $2569037.23   | 0.08%             | 2045-02-25      | Floating      | 4.70%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                              | FHLMC, Series 4121, Class GC                                                  | CUSIP: 3137AV5K9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    759239 | PA      | $718546.32    | 0.02%             | 2042-07-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federation des Caisses Desjardins du Quebec        | Federation des Caisses Desjardins du Quebec                                   | CUSIP: 31429KAP8<br>LEI: 549300B2Q47IR0CR5B54 | Long             | DBT              | CORP              | CA        |   8606000 | PA      | $8656186.75   | 0.26%             | 2030-08-26      | Fixed         | 4.57%                 | Yes           |                  2 | On Loan: No      |
| Arbor Realty Commercial Real Estate Notes Ltd.     | Arbor Realty Commercial Real Estate Notes Ltd., Series 2021-FL4, Class C      | CUSIP: 03880RAG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4645000 | PA      | $4645420.37   | 0.14%             | 2036-11-15      | Floating      | 6.09%                 | Yes           |                  2 | On Loan: No      |
| Pacific Gas and Electric Co.                       | Pacific Gas and Electric Co.                                                  | CUSIP: 694308KQ9<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   6193000 | PA      | $6397489.64   | 0.19%             | 2029-05-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                        | Capital One Financial Corp.                                                   | CUSIP: 14040HDP7<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   8492000 | PA      | $8494533.16   | 0.26%             | 2032-01-30      | Variable      | 4.72%                 | No            |                  2 | On Loan: No      |
| Benchmark Mortgage Trust                           | Benchmark Mortgage Trust, Series 2025-V18, Class A3                           | CUSIP: 08164EAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7525237 | PA      | $7757887.98   | 0.23%             | 2058-10-15      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Receivables Trust       | American Credit Acceptance Receivables Trust, Series 2026-1, Class B          | CUSIP: 02531FAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $3003138.60   | 0.09%             | 2030-04-12      | Fixed         | 4.24%                 | Yes           |                  2 | On Loan: No      |
| BANK                                               | BANK, Series 2021-BN34, Class XA                                              | CUSIP: 06541JAR2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  55240509 | PA      | $1973544.51   | 0.06%             | 2063-06-15      | Variable      | 0.96%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                     | Enterprise Fleet Financing LLC, Series 2023-2, Class A2                       | CUSIP: 29375NAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1504633 | PA      | $1511861.86   | 0.05%             | 2030-04-22      | Fixed         | 5.56%                 | Yes           |                  2 | On Loan: No      |
| Berry Global, Inc.                                 | Berry Global, Inc.                                                            | CUSIP: 08576PAL5<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   1938000 | PA      | $1997633.09   | 0.06%             | 2028-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BBCMS Mortgage Trust                               | BBCMS Mortgage Trust, Series 2021-C11, Class XA                               | CUSIP: 05493MAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  37683456 | PA      | $1892983.18   | 0.06%             | 2054-09-15      | Variable      | 1.33%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                   | Deutsche Bank AG                                                              | CUSIP: 251526CP2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   5284000 | PA      | $5209514.52   | 0.16%             | 2027-11-16      | Variable      | 2.31%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                     | Enterprise Fleet Financing LLC, Series 2022-4, Class A2                       | CUSIP: 29374GAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    428437 | PA      | $429605.01    | 0.01%             | 2029-10-22      | Fixed         | 5.76%                 | Yes           |                  2 | On Loan: No      |
| Business Jet Securities LLC                        | Business Jet Securities LLC, Series 2024-1A, Class A                          | CUSIP: 12327CAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2711852 | PA      | $2771844.30   | 0.08%             | 2039-05-15      | Fixed         | 6.20%                 | Yes           |                  2 | On Loan: No      |
| Balboa Bay Loan Funding Ltd.                       | Balboa Bay Loan Funding Ltd., Series 2022-1A, Class BR                        | CUSIP: 05766EAN2<br>LEI: 549300USDGJ8GD3PWY07 | Long             | ABS-CBDO         | CORP              | KY        |  15426798 | PA      | $15452437.34  | 0.47%             | 2037-04-20      | Floating      | 5.52%                 | Yes           |                  2 | On Loan: No      |
| CBRE Services, Inc.                                | CBRE Services, Inc.                                                           | CUSIP: 12505BAH3<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |  10326000 | PA      | $10702084.18  | 0.32%             | 2029-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Southwick Park CLO LLC                             | Southwick Park CLO LLC, Series 2019-4A, Class CRR                             | CUSIP: 846031BA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5472000 | PA      | $5470199.71   | 0.16%             | 2032-07-20      | Floating      | 5.22%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Residential Mortgage Loan Trust     | Morgan Stanley Residential Mortgage Loan Trust, Series 2025-NQM1, Class A1    | CUSIP: 617932AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  12629922 | PA      | $12795765.62  | 0.39%             | 2069-11-25      | Variable      | 5.74%                 | Yes           |                  2 | On Loan: No      |
| Regal Rexnord Corp.                                | Regal Rexnord Corp.                                                           | CUSIP: 758750AM5<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |   7325000 | PA      | $7593223.11   | 0.23%             | 2028-04-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| BSPRT Issuer Ltd.                                  | BSPRT Issuer Ltd., Series 2022-FL8, Class A                                   | CUSIP: 055983AA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2143379 | PA      | $2140264.95   | 0.06%             | 2037-02-15      | Floating      | 5.21%                 | Yes           |                  2 | On Loan: No      |
| Virginia Power Fuel Securitization LLC             | Virginia Power Fuel Securitization LLC, Series A-1                            | CUSIP: 92808VAA0<br>LEI: 254900BELJ95ONW6U791 | Long             | DBT              | CORP              | US        |   1114427 | PA      | $1121101.05   | 0.03%             | 2027-05-01      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Videotron Ltd.                                     | Videotron Ltd.                                                                | CUSIP: 92660FAN4<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |  10162000 | PA      | $9927585.93   | 0.30%             | 2029-06-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Rogers Communications, Inc.                        | Rogers Communications, Inc.                                                   | CUSIP: 775109CG4<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |  12956000 | PA      | $12839803.08  | 0.39%             | 2027-03-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Benchmark Mortgage Trust                           | Benchmark Mortgage Trust, Series 2021-B23, Class XA                           | CUSIP: 08162RAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  59404202 | PA      | $2650769.93   | 0.08%             | 2054-02-15      | Variable      | 1.25%                 | No            |                  2 | On Loan: No      |
| PFP Ltd.                                           | PFP Ltd., Series 2026-13, Class B                                             | CUSIP: 716966AE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1015500 | PA      | $1019612.17   | 0.03%             | 2043-08-18      | Floating      | 5.60%                 | Yes           |                  2 | On Loan: No      |
| AREIT LLC                                          | AREIT LLC, Series 2022-CRE7, Class B                                          | CUSIP: 00217VAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  12436500 | PA      | $12440405.06  | 0.37%             | 2039-06-17      | Floating      | 6.92%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Private Bank NA                     | Morgan Stanley Private Bank NA                                                | CUSIP: 61776NVE0<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |   8909000 | PA      | $8965880.40   | 0.27%             | 2028-07-06      | Variable      | 4.47%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                     | Enterprise Fleet Financing LLC, Series 2024-3, Class A2                       | CUSIP: 29375QAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1474605 | PA      | $1479530.74   | 0.04%             | 2027-04-20      | Fixed         | 5.31%                 | Yes           |                  2 | On Loan: No      |
| Columbia Pipelines Holding Co. LLC                 | Columbia Pipelines Holding Co. LLC                                            | CUSIP: 19828AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  14822000 | PA      | $15439017.63  | 0.47%             | 2028-08-15      | Fixed         | 6.04%                 | Yes           |                  2 | On Loan: No      |
| PSEG Power LLC                                     | PSEG Power LLC                                                                | CUSIP: 69362BBD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3214000 | PA      | $3297083.51   | 0.10%             | 2030-05-15      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| MF1 Ltd.                                           | MF1 Ltd., Series 2022-FL8, Class C                                            | CUSIP: 55284JAG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2198259 | PA      | $2185148.58   | 0.07%             | 2037-02-19      | Floating      | 5.87%                 | Yes           |                  2 | On Loan: No      |
| ACRES Commercial Realty Issuer LLC                 | ACRES Commercial Realty Issuer LLC, Series 2026-FL4, Class A                  | CUSIP: 00501XAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  10000000 | PA      | $10018747.00  | 0.30%             | 2044-08-18      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Trinitas CLO XV Ltd.                               | Trinitas CLO XV Ltd., Series 2021-15A, Class B1R                              | CUSIP: 89641XAQ8<br>LEI: 254900ZVDNHQAUJNHH42 | Long             | ABS-CBDO         | CORP              | KY        |  15912802 | PA      | $15923097.58  | 0.48%             | 2034-04-22      | Floating      | 5.32%                 | Yes           |                  2 | On Loan: No      |
| MFS Institutional Money Market Portfolio           | MFS Institutional Money Market Portfolio, Class A                             | CUSIP: 55291X109<br>LEI: 5L2W638H85N8T1136O07 | Long             | STIV             | RF                | US        | 163106915 | NS      | $163139536.06 | 4.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Affirm Asset Securitization Trust                  | Affirm Asset Securitization Trust, Series 2025-X1, Class B                    | CUSIP: 00834MAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5011956.00   | 0.15%             | 2030-04-15      | Fixed         | 5.19%                 | Yes           |                  2 | On Loan: No      |
| United States of America                           | U.S. Treasury Notes                                                           | CUSIP: 91282CJF9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 282349000 | PA      | $291679753.52 | 8.79%             | 2028-10-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                   | Deutsche Bank AG                                                              | CUSIP: 251526CS6<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   6381000 | PA      | $6683939.06   | 0.20%             | 2029-01-18      | Variable      | 6.72%                 | No            |                  2 | On Loan: No      |
| Shackleton CLO Ltd.                                | Shackleton CLO Ltd., Series 2013-4RA, Class B                                 | CUSIP: 81882HAE5<br>LEI: 5493000LHXWSIZGUY418 | Long             | ABS-CBDO         | CORP              | KY        |   2268542 | PA      | $2278480.48   | 0.07%             | 2031-04-13      | Floating      | 5.81%                 | Yes           |                  2 | On Loan: No      |
| UBS Group AG                                       | UBS Group AG                                                                  | CUSIP: 902613BF4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   2369000 | PA      | $2586430.26   | 0.08%             | 2028-11-13      | Variable      | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                           | Angel Oak Mortgage Trust, Series 2024-7, Class A1                             | CUSIP: 03466CAA2<br>LEI: 254900Q2UY574S9NQF08 | Long             | ABS-MBS          | CORP              | US        |   3384315 | PA      | $3415150.15   | 0.10%             | 2069-05-25      | Variable      | 5.62%                 | Yes           |                  2 | On Loan: No      |
| MF1 LLC                                            | MF1 LLC, Series 2025-FL20, Class B                                            | CUSIP: 59319CAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5078314 | PA      | $5091019.43   | 0.15%             | 2043-02-18      | Floating      | 5.63%                 | Yes           |                  2 | On Loan: No      |
| Penske Truck Leasing Co. LP                        | Penske Truck Leasing Co. LP                                                   | CUSIP: 709599CA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6187000 | PA      | $6360129.21   | 0.19%             | 2029-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| UBS Group AG                                       | UBS Group AG                                                                  | CUSIP: 902613AS7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   7314000 | PA      | $7336876.36   | 0.22%             | 2027-08-05      | Variable      | 4.70%                 | Yes           |                  2 | On Loan: No      |
| Truist Financial Corp.                             | Truist Financial Corp.                                                        | CUSIP: 89788MAR3<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |  16559000 | PA      | $17137436.67  | 0.52%             | 2030-01-24      | Variable      | 5.43%                 | No            |                  2 | On Loan: No      |
| Arbor Realty Commercial Real Estate Notes Ltd.     | Arbor Realty Commercial Real Estate Notes Ltd., Series 2021-FL4, Class AS     | CUSIP: 03880RAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  11713500 | PA      | $11713549.20  | 0.35%             | 2036-11-15      | Floating      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Taco Bell Funding LLC                              | Taco Bell Funding LLC, Series 2025-1A, Class A2I                              | CUSIP: 87342RAK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9952588 | PA      | $9902280.65   | 0.30%             | 2055-08-25      | Fixed         | 4.82%                 | Yes           |                  2 | On Loan: No      |
| Mars, Inc.                                         | Mars, Inc.                                                                    | CUSIP: 571676AX3<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   7441000 | PA      | $7540504.40   | 0.23%             | 2028-03-01      | Fixed         | 4.60%                 | Yes           |                  2 | On Loan: No      |
| CaixaBank SA                                       | CaixaBank SA                                                                  | CUSIP: 12803RAG9<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |  12461000 | PA      | $12950571.76  | 0.39%             | 2030-03-15      | Variable      | 5.67%                 | Yes           |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                       | Avolon Holdings Funding Ltd.                                                  | CUSIP: 05401AAL5<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   2888000 | PA      | $2888341.59   | 0.09%             | 2026-04-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                               | GNMA                                                                          | CUSIP: 36225CVJ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     16638 | PA      | $16869.21     | 0.00%             | 2032-07-20      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| NTT Finance Corp.                                  | NTT Finance Corp.                                                             | CUSIP: 62954WAS4<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |   5972000 | PA      | $6089402.83   | 0.18%             | 2030-07-16      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                          | Ford Motor Credit Co. LLC                                                     | CUSIP: 345397J38<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   5263000 | PA      | $5312065.21   | 0.16%             | 2033-04-06      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Hyatt Hotels Corp.                                 | Hyatt Hotels Corp.                                                            | CUSIP: 448579AQ5<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |   5367000 | PA      | $5450417.03   | 0.16%             | 2027-01-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Acrec 2025 Fl LLC                                  | Acrec 2025 Fl LLC, Series 2025-FL3, Class A                                   | CUSIP: 00112HAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4071429 | PA      | $4070981.14   | 0.12%             | 2042-08-18      | Floating      | 4.99%                 | Yes           |                  2 | On Loan: No      |
| CBRE Services, Inc.                                | CBRE Services, Inc.                                                           | CUSIP: 12505BAJ9<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |   3015000 | PA      | $3058413.65   | 0.09%             | 2030-06-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO Ltd.                       | Bain Capital Credit CLO Ltd., Series 2021-4A, Class BR                        | CUSIP: 05685AAU2<br>LEI: 254900YJBP8866ZPO033 | Long             | ABS-CBDO         | CORP              | KY        |  10589623 | PA      | $10589432.39  | 0.32%             | 2034-10-20      | Floating      | 5.32%                 | Yes           |                  2 | On Loan: No      |
| Consolidated Edison Co. of New York, Inc.          | Consolidated Edison Co. of New York, Inc.                                     | CUSIP: 209111GL1<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |   8765000 | PA      | $8783335.68   | 0.26%             | 2027-11-18      | Floating      | 4.21%                 | No            |                  2 | On Loan: No      |
| Trans-Allegheny Interstate Line Co.                | Trans-Allegheny Interstate Line Co.                                           | CUSIP: 893045AF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4372000 | PA      | $4494116.69   | 0.14%             | 2031-01-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Palmer Square Loan Funding Ltd.                    | Palmer Square Loan Funding Ltd., Series 2025-1A, Class A2                     | CUSIP: 69704CAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  15500000 | PA      | $15500217.00  | 0.47%             | 2033-02-15      | Floating      | 5.05%                 | Yes           |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                      | UBS Commercial Mortgage Trust, Series 2018-C14, Class XA                      | CUSIP: 90278KBB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  19041175 | PA      | $384683.14    | 0.01%             | 2051-12-15      | Variable      | 0.89%                 | No            |                  2 | On Loan: No      |
| Pioneer Natural Resources Co.                      | Pioneer Natural Resources Co.                                                 | CUSIP: 723787AQ0<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | DBT              | CORP              | US        |  17638000 | PA      | $15998149.28  | 0.48%             | 2030-08-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Bayview Commercial Asset Trust                     | Bayview Commercial Asset Trust, Series 2005-2A, Class A1                      | CUSIP: 07324SBN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    121868 | PA      | $118951.79    | 0.00%             | 2035-08-25      | Floating      | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Arbor Realty Commercial Real Estate Notes Ltd.     | Arbor Realty Commercial Real Estate Notes Ltd., Series 2022-FL1, Class C      | CUSIP: 03880XAG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  12447500 | PA      | $12463065.60  | 0.38%             | 2037-01-15      | Floating      | 6.01%                 | Yes           |                  2 | On Loan: No      |
| Greystone CRE Notes LLC                            | Greystone CRE Notes LLC, Series 2025-FL4, Class AS                            | CUSIP: 39810MAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2127500 | PA      | $2132710.25   | 0.06%             | 2043-01-15      | Floating      | 5.82%                 | Yes           |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.              | NextEra Energy Capital Holdings, Inc.                                         | CUSIP: 65339KCL2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   8620000 | PA      | $8718631.25   | 0.26%             | 2027-09-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| Triton Container International Ltd.                | Triton Container International Ltd.                                           | CUSIP: 89681LAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   5201000 | PA      | $5177181.50   | 0.16%             | 2033-02-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| IQVIA, Inc.                                        | IQVIA, Inc.                                                                   | CUSIP: 46266TAC2<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   4073000 | PA      | $4196411.90   | 0.13%             | 2028-05-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Impac Secured Assets Trust                         | Impac Secured Assets Trust, Series 2006-1, Class 2A1                          | CUSIP: 45254TTN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     44398 | PA      | $42223.46     | 0.00%             | 2036-05-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                       | UBS Group AG                                                                  | CUSIP: 902613BR8<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  12039000 | PA      | $12161725.57  | 0.37%             | 2030-08-05      | Variable      | 6.60%                 | Yes           |                  2 | On Loan: No      |
| JDE Peet's NV                                      | JDE Peet's NV                                                                 | CUSIP: 47216QAB9<br>LEI: 724500EHG519SE5ZRT89 | Long             | DBT              | CORP              | NL        |   8629000 | PA      | $8411342.88   | 0.25%             | 2027-01-15      | Fixed         | 1.38%                 | Yes           |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                         | Occidental Petroleum Corp.                                                    | CUSIP: 674599ED3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   5675000 | PA      | $6101924.58   | 0.18%             | 2030-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Bacardi Ltd.                                       | Bacardi Ltd.                                                                  | CUSIP: 05635JAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  17244000 | PA      | $17595350.98  | 0.53%             | 2029-01-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Benchmark Mortgage Trust                           | Benchmark Mortgage Trust, Series 2021-B24, Class XA                           | CUSIP: 08163CBE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  38072749 | PA      | $1502822.78   | 0.05%             | 2054-03-15      | Variable      | 1.13%                 | No            |                  2 | On Loan: No      |
| Flutter Treasury DAC                               | Flutter Treasury DAC                                                          | CUSIP: 344045AB5<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |  10831000 | PA      | $10971297.84  | 0.33%             | 2031-06-04      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Huntington Ingalls Industries, Inc.                | Huntington Ingalls Industries, Inc.                                           | CUSIP: 446413BA3<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |   7750000 | PA      | $8015918.00   | 0.24%             | 2030-01-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Element Fleet Management Corp.                     | Element Fleet Management Corp.                                                | CUSIP: 286181AP7<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |  14335000 | PA      | $14646141.18  | 0.44%             | 2030-03-25      | Fixed         | 5.04%                 | Yes           |                  2 | On Loan: No      |
| Cox Communications, Inc.                           | Cox Communications, Inc.                                                      | CUSIP: 224044CR6<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |  13143000 | PA      | $13517404.12  | 0.41%             | 2028-09-15      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| Broadcom, Inc.                                     | Broadcom, Inc.                                                                | CUSIP: 11135FBX8<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   3382000 | PA      | $3484314.06   | 0.11%             | 2029-07-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                               | JPMorgan Chase & Co.                                                          | CUSIP: 46647PEE2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  10252000 | PA      | $10445296.23  | 0.31%             | 2028-04-22      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Finance USA plc                          | Rio Tinto Finance USA plc                                                     | CUSIP: 76720AAS5<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |   7081000 | PA      | $7259946.78   | 0.22%             | 2030-03-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Empire District Bondco LLC                         | Empire District Bondco LLC, Series A-1                                        | CUSIP: 291918AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2635559 | PA      | $2674498.01   | 0.08%             | 2033-01-01      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| American Express Co.                               | American Express Co.                                                          | CUSIP: 025816ED7<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |  13906000 | PA      | $14115479.43  | 0.43%             | 2029-04-25      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investors Trust             | Merrill Lynch Mortgage Investors Trust, Series 2006-RM1, Class A2B            | CUSIP: 59020U5D3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1583290 | PA      | $163843.23    | 0.00%             | 2037-02-25      | Variable      | 1.32%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                               | JPMorgan Chase & Co.                                                          | CUSIP: 46647PCB0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   5873000 | PA      | $5841659.68   | 0.18%             | 2027-04-22      | Variable      | 1.58%                 | No            |                  2 | On Loan: No      |
| GMF Floorplan Owner Revolving Trust                | GMF Floorplan Owner Revolving Trust, Series 2024-4A, Class A2                 | CUSIP: 361886DR2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7329000 | PA      | $7332812.55   | 0.22%             | 2029-11-15      | Floating      | 4.26%                 | Yes           |                  2 | On Loan: No      |
| Santander Mortgage Asset Receivable Trust          | Santander Mortgage Asset Receivable Trust, Series 2025-NQM2, Class A1         | CUSIP: 802638AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2014460 | PA      | $2040047.63   | 0.06%             | 2065-02-25      | Variable      | 5.73%                 | Yes           |                  2 | On Loan: No      |
| Broadcom, Inc.                                     | Broadcom, Inc.                                                                | CUSIP: 11135FBA8<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |  13074000 | PA      | $13326224.52  | 0.40%             | 2029-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Planet Fitness Master Issuer LLC                   | Planet Fitness Master Issuer LLC, Series 2025-1A, Class A2I                   | CUSIP: 72703PAH6<br>LEI: 549300NX9W3U2DO53T22 | Long             | ABS-O            | CORP              | US        |   3578000 | PA      | $3601730.37   | 0.11%             | 2055-12-06      | Fixed         | 5.27%                 | Yes           |                  2 | On Loan: No      |
| Schlumberger Holdings Corp.                        | Schlumberger Holdings Corp.                                                   | CUSIP: 806851AL5<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |   5832000 | PA      | $5905132.00   | 0.18%             | 2027-05-29      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                         | LAD Auto Receivables Trust, Series 2024-3A, Class A2                          | CUSIP: 505709AB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    417286 | PA      | $417470.80    | 0.01%             | 2027-11-15      | Fixed         | 4.64%                 | Yes           |                  2 | On Loan: No      |
| Crown Castle, Inc.                                 | Crown Castle, Inc.                                                            | CUSIP: 22822VAZ4<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   3817000 | PA      | $3769776.27   | 0.11%             | 2027-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| GMF Floorplan Owner Revolving Trust                | GMF Floorplan Owner Revolving Trust, Series 2024-3A, Class A2                 | CUSIP: 361886DL5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5250000 | PA      | $5252889.60   | 0.16%             | 2028-11-15      | Floating      | 4.16%                 | Yes           |                  2 | On Loan: No      |
| Pioneer Natural Resources Co.                      | Pioneer Natural Resources Co.                                                 | CUSIP: 723787AR8<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | DBT              | CORP              | US        |   5163000 | PA      | $4689076.41   | 0.14%             | 2031-01-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Benchmark Mortgage Trust                           | Benchmark Mortgage Trust, Series 2021-B29, Class XA                           | CUSIP: 08163JAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  77045851 | PA      | $2612594.00   | 0.08%             | 2054-09-15      | Variable      | 1.01%                 | No            |                  2 | On Loan: No      |
| FHLMC                                              | FHLMC, Series 4566, Class PG                                                  | CUSIP: 3137BNPS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1172277 | PA      | $1120131.70   | 0.03%             | 2045-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States of America                           | U.S. Treasury Notes                                                           | CUSIP: 91282CKP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 337324000 | PA      | $347391013.13 | 10.47%            | 2029-04-30      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| AREIT Trust                                        | AREIT Trust, Series 2022-CRE6, Class D                                        | CUSIP: 04002VAJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2549000 | PA      | $2501752.50   | 0.08%             | 2037-01-20      | Floating      | 6.55%                 | Yes           |                  2 | On Loan: No      |
| Penske Truck Leasing Co. LP                        | Penske Truck Leasing Co. LP                                                   | CUSIP: 709599BY9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5489000 | PA      | $5552492.20   | 0.17%             | 2027-01-12      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: No      |
| Molex Electronic Technologies LLC                  | Molex Electronic Technologies LLC                                             | CUSIP: 60856BAE4<br>LEI: 549300WTBVUFUPSIWI20 | Long             | DBT              | CORP              | US        |   9367000 | PA      | $9496020.40   | 0.29%             | 2028-04-30      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| CaixaBank SA                                       | CaixaBank SA                                                                  | CUSIP: 12803RAK0<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |   4184000 | PA      | $4227763.01   | 0.13%             | 2029-07-03      | Variable      | 4.63%                 | Yes           |                  2 | On Loan: No      |
| Charles Schwab Corp. (The)                         | Charles Schwab Corp. (The)                                                    | CUSIP: 808513CD5<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |  12920000 | PA      | $13408498.87  | 0.40%             | 2029-05-19      | Variable      | 5.64%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Trust                   | Provident Funding Mortgage Trust, Series 2025-1, Class A3                     | CUSIP: 74388NAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  11854309 | PA      | $11929391.60  | 0.36%             | 2055-02-25      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Broadcom, Inc.                                     | Broadcom, Inc.                                                                | CUSIP: 11135FCZ2<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   2858000 | PA      | $2856247.85   | 0.09%             | 2031-01-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Chesapeake Funding II LLC                          | Chesapeake Funding II LLC, Series 2023-2A, Class A1                           | CUSIP: 165183CZ5<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-O            | CORP              | US        |   1869027 | PA      | $1888646.87   | 0.06%             | 2035-10-15      | Fixed         | 6.16%                 | Yes           |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                 | LPL Holdings, Inc.                                                            | CUSIP: 50212YAD6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   7734000 | PA      | $7627037.47   | 0.23%             | 2029-03-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                           | Angel Oak Mortgage Trust, Series 2024-9, Class A1                             | CUSIP: 03466JAA7<br>LEI: 254900O3R79X1AD55F36 | Long             | ABS-MBS          | CORP              | US        |   3613026 | PA      | $3628340.96   | 0.11%             | 2069-09-25      | Variable      | 5.14%                 | Yes           |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                           | Angel Oak Mortgage Trust, Series 2024-13, Class A1                            | CUSIP: 03466PAA3<br>LEI: 254900WA697298AD1C53 | Long             | ABS-MBS          | CORP              | US        |  11371759 | PA      | $11470463.87  | 0.35%             | 2069-12-26      | Variable      | 5.46%                 | Yes           |                  2 | On Loan: No      |
| AGCO Corp.                                         | AGCO Corp.                                                                    | CUSIP: 001084AR3<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | DBT              | CORP              | US        |   5782000 | PA      | $5858738.41   | 0.18%             | 2027-03-21      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AREIT Trust                                        | AREIT Trust, Series 2022-CRE6, Class C                                        | CUSIP: 04002VAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   4174000 | PA      | $4130091.19   | 0.12%             | 2037-01-20      | Floating      | 5.85%                 | Yes           |                  2 | On Loan: No      |
| Deutsche Bank AG                                   | Deutsche Bank AG                                                              | CUSIP: 251526DB2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   6683000 | PA      | $6761114.78   | 0.20%             | 2031-08-04      | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| BXMT Ltd.                                          | BXMT Ltd., Series 2021-FL4, Class AS                                          | CUSIP: 05609GAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  12062500 | PA      | $12017830.15  | 0.36%             | 2038-05-15      | Floating      | 5.09%                 | Yes           |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority      | Massachusetts Educational Financing Authority                                 | CUSIP: 57563RQZ5<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   1005000 | PA      | $999789.08    | 0.03%             | 2026-07-01      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| Constellation Brands, Inc.                         | Constellation Brands, Inc.                                                    | CUSIP: 21036PBS6<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |   7961000 | PA      | $8100123.17   | 0.24%             | 2030-05-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                   | Deutsche Bank AG                                                              | CUSIP: 25160PAN7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   8420000 | PA      | $8534282.98   | 0.26%             | 2027-07-13      | Variable      | 7.15%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                        | Capital One Financial Corp.                                                   | CUSIP: 14040HDE2<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   2193000 | PA      | $2277049.55   | 0.07%             | 2030-02-01      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                     | Morgan Stanley Capital I Trust, Series 2018-H4, Class XA                      | CUSIP: 61691RAF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  46951314 | PA      | $904709.57    | 0.03%             | 2051-12-15      | Variable      | 0.81%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corp.                                     | M&T Bank Corp.                                                                | CUSIP: 55261FAU8<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |   5819000 | PA      | $5912672.05   | 0.18%             | 2029-01-16      | Variable      | 4.83%                 | No            |                  2 | On Loan: No      |
| Meituan                                            | Meituan                                                                       | CUSIP: 58533EAF0<br>LEI: 21380033K525E5JLIA77 | Long             | DBT              | CORP              | KY        |   3769000 | PA      | $3795310.64   | 0.11%             | 2029-10-02      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| NBN Co. Ltd.                                       | NBN Co. Ltd.                                                                  | CUSIP: 62878U2F8<br>LEI: 2549007CRZ2NT7S96A24 | Long             | DBT              | NUSS              | AU        |  10003000 | PA      | $10434778.69  | 0.31%             | 2028-10-06      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| BBCMS Trust                                        | BBCMS Trust, Series 2021-C10, Class XA                                        | CUSIP: 05551VBK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  32543701 | PA      | $1559630.86   | 0.05%             | 2054-07-15      | Variable      | 1.21%                 | No            |                  2 | On Loan: No      |
| FHLMC                                              | FHLMC Multifamily Structured Pass-Through Certificates, Series KF65, Class A  | CUSIP: 3137FNAS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2457125 | PA      | $2457458.21   | 0.07%             | 2029-07-25      | Floating      | 4.42%                 | No            |                  2 | On Loan: No      |
| MF1 LLC                                            | MF1 LLC, Series 2025-FL20, Class AS                                           | CUSIP: 59319CAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  11000000 | PA      | $11027527.50  | 0.33%             | 2043-02-18      | Floating      | 5.38%                 | Yes           |                  2 | On Loan: No      |
| First Citizens BancShares, Inc.                    | First Citizens BancShares, Inc.                                               | CUSIP: 31959XAC7<br>LEI: 549300N3Z00ZHE2XC526 | Long             | DBT              | CORP              | US        |   4793000 | PA      | $4863283.11   | 0.15%             | 2031-03-12      | Variable      | 5.23%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Residential Mortgage Loan Trust     | Morgan Stanley Residential Mortgage Loan Trust, Series 2024-NQM1, Class A1    | CUSIP: 61775UAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4496015 | PA      | $4540646.25   | 0.14%             | 2068-12-25      | Variable      | 6.15%                 | Yes           |                  2 | On Loan: No      |
| Dell Equipment Finance Trust                       | Dell Equipment Finance Trust, Series 2024-2, Class A3                         | CUSIP: 24704EAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3403000 | PA      | $3425936.56   | 0.10%             | 2030-08-22      | Fixed         | 4.59%                 | Yes           |                  2 | On Loan: No      |
| Synchrony Financial                                | Synchrony Financial                                                           | CUSIP: 87165BAX1<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |   5747000 | PA      | $5814072.49   | 0.18%             | 2029-07-29      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| Broadcom, Inc.                                     | Broadcom, Inc.                                                                | CUSIP: 11135FCB5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   8525000 | PA      | $8573134.54   | 0.26%             | 2030-02-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Marsh & McLennan Cos., Inc.                        | Marsh & McLennan Cos., Inc.                                                   | CUSIP: 571748CA8<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |   6055000 | PA      | $6163992.60   | 0.19%             | 2030-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| BDS Ltd.                                           | BDS Ltd., Series 2021-FL10, Class C                                           | CUSIP: 07335YAG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2645500 | PA      | $2647165.61   | 0.08%             | 2036-12-16      | Floating      | 6.09%                 | Yes           |                  2 | On Loan: No      |
| HSBC Holdings plc                                  | HSBC Holdings plc                                                             | CUSIP: 404280EQ8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |  14973000 | PA      | $15196702.16  | 0.46%             | 2029-03-03      | Variable      | 4.90%                 | No            |                  2 | On Loan: No      |
| Business Jet Securities LLC                        | Business Jet Securities LLC, Series 2024-2A, Class A                          | CUSIP: 12326TAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3723850 | PA      | $3747279.67   | 0.11%             | 2039-09-15      | Fixed         | 5.36%                 | Yes           |                  2 | On Loan: No      |
| AutoNation, Inc.                                   | AutoNation, Inc.                                                              | CUSIP: 05329RAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8901000 | PA      | $8395942.04   | 0.25%             | 2032-03-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                 | LPL Holdings, Inc.                                                            | CUSIP: 50212YAC8<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   4896000 | PA      | $4873178.91   | 0.15%             | 2027-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| AIB Group plc                                      | AIB Group plc                                                                 | CUSIP: 00135TAD6<br>LEI: 635400AKJBGNS5WNQL34 | Long             | DBT              | CORP              | IE        |   2036000 | PA      | $2159894.39   | 0.07%             | 2029-09-13      | Variable      | 6.61%                 | Yes           |                  2 | On Loan: No      |
| Bardot CLO Ltd.                                    | Bardot CLO Ltd., Series 2019-2A, Class CRR                                    | CUSIP: 06744NBW6<br>LEI: 549300KP12IHV6MTDK86 | Long             | ABS-CBDO         | CORP              | KY        |   5464286 | PA      | $5467050.93   | 0.16%             | 2032-10-22      | Floating      | 5.22%                 | Yes           |                  2 | On Loan: No      |
| Suntory Holdings Ltd.                              | Suntory Holdings Ltd.                                                         | CUSIP: 86803UAE1<br>LEI: 54930074QUY8RD0UZM08 | Long             | DBT              | CORP              | JP        |   8773000 | PA      | $8996983.64   | 0.27%             | 2029-06-11      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| 3650R Commercial Mortgage Trust                    | 3650R Commercial Mortgage Trust, Series 2021-PF1, Class XA                    | CUSIP: 88581EAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  88752305 | PA      | $3079083.71   | 0.09%             | 2054-11-15      | Variable      | 0.99%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                     | Morgan Stanley Capital I Trust, Series 2021-L6, Class XA                      | CUSIP: 61692CBK3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  38818393 | PA      | $1449234.23   | 0.04%             | 2054-06-15      | Variable      | 1.14%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp. (The)                         | Charles Schwab Corp. (The)                                                    | CUSIP: 808513CG8<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |   8657000 | PA      | $8744079.81   | 0.26%             | 2026-08-24      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Arrow Electronics, Inc.                            | Arrow Electronics, Inc.                                                       | CUSIP: 04273WAC5<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |   6039000 | PA      | $5408384.55   | 0.16%             | 2032-02-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Southwick Park CLO LLC                             | Southwick Park CLO LLC, Series 2019-4A, Class B2R                             | CUSIP: 846031AR3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5142000 | PA      | $4828553.96   | 0.15%             | 2032-07-20      | Fixed         | 2.46%                 | Yes           |                  2 | On Loan: No      |
| Kentucky Higher Education Student Loan Corp.       | Kentucky Higher Education Student Loan Corp.                                  | CUSIP: 49130NGL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6345000 | PA      | $6534692.66   | 0.20%             | 2037-06-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Genuine Parts Co.                                  | Genuine Parts Co.                                                             | CUSIP: 372460AF2<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |   8889000 | PA      | $9033172.20   | 0.27%             | 2029-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Regal Rexnord Corp.                                | Regal Rexnord Corp.                                                           | CUSIP: 758750AL7<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |  12114000 | PA      | $12117360.30  | 0.37%             | 2026-02-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                 | T-Mobile USA, Inc.                                                            | CUSIP: 87264ADL6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   4489000 | PA      | $4501780.68   | 0.14%             | 2029-10-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| LoanCore Issuer Ltd.                               | LoanCore Issuer Ltd., Series 2021-CRE5, Class AS                              | CUSIP: 53947XAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4821939 | PA      | $4817316.37   | 0.15%             | 2036-07-15      | Floating      | 5.54%                 | Yes           |                  2 | On Loan: No      |
| BANK                                               | BANK, Series 2021-BN32, Class XA                                              | CUSIP: 06542BBN6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  48343900 | PA      | $1348205.03   | 0.04%             | 2054-04-15      | Variable      | 0.76%                 | No            |                  2 | On Loan: No      |
| DLLST LLC                                          | DLLST LLC, Series 2024-1A, Class A3                                           | CUSIP: 23346HAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1185122 | PA      | $1190153.07   | 0.04%             | 2027-08-20      | Fixed         | 5.05%                 | Yes           |                  2 | On Loan: No      |
| Danske Bank A/S                                    | Danske Bank A/S                                                               | CUSIP: 23636ABH3<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |   7786000 | PA      | $8097112.44   | 0.24%             | 2030-03-01      | Variable      | 5.71%                 | Yes           |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                     | Enterprise Fleet Financing LLC, Series 2023-1, Class A2                       | CUSIP: 29375CAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    243379 | PA      | $243751.78    | 0.01%             | 2029-01-22      | Fixed         | 5.51%                 | Yes           |                  2 | On Loan: No      |
| STWD Ltd.                                          | STWD Ltd., Series 2021-FL2, Class B                                           | CUSIP: 78486BAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8644500 | PA      | $8620436.31   | 0.26%             | 2038-04-18      | Floating      | 5.59%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley                                     | Morgan Stanley                                                                | CUSIP: 61761JZN2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2440000 | PA      | $2439568.71   | 0.07%             | 2027-04-23      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| DCP Midstream Operating LP                         | DCP Midstream Operating LP                                                    | CUSIP: 23311VAJ6<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |  14003000 | PA      | $14257473.16  | 0.43%             | 2027-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                               | Glencore Funding LLC                                                          | CUSIP: 378272BZ0<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |  12027000 | PA      | $12381086.19  | 0.37%             | 2030-04-01      | Fixed         | 5.19%                 | Yes           |                  2 | On Loan: No      |
| NextGear Floorplan Master Owner Trust              | NextGear Floorplan Master Owner Trust, Series 2023-1A, Class A1               | CUSIP: 65345GAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4992000 | PA      | $4996425.91   | 0.15%             | 2028-03-15      | Floating      | 4.81%                 | Yes           |                  2 | On Loan: No      |
| GLS Auto Select Receivables Issuer Trust           | GLS Auto Select Receivables Issuer Trust, Series 2026-1A, Class A2            | CUSIP: 37989DAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2450000 | PA      | $2450814.14   | 0.07%             | 2032-02-17      | Fixed         | 4.05%                 | Yes           |                  2 | On Loan: No      |
| Provident Funding Mortgage Trust                   | Provident Funding Mortgage Trust, Series 2024-1, Class A3                     | CUSIP: 74389BAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7158595 | PA      | $7206137.73   | 0.22%             | 2054-12-25      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Philip Morris International, Inc.                  | Philip Morris International, Inc.                                             | CUSIP: 718172CV9<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   2988000 | PA      | $3051246.58   | 0.09%             | 2027-11-17      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Dryden 75 CLO Ltd.                                 | Dryden 75 CLO Ltd., Series 2019-75A, Class BR3                                | CUSIP: 26252JBE7<br>LEI: 254900JFO9XUH2EREJ70 | Long             | ABS-CBDO         | CORP              | KY        |  19157552 | PA      | $19168414.33  | 0.58%             | 2034-04-14      | Floating      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| ACREC Ltd.                                         | ACREC Ltd., Series 2021-FL1, Class AS                                         | CUSIP: 00500RAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5944500 | PA      | $5945030.84   | 0.18%             | 2036-10-16      | Floating      | 5.29%                 | Yes           |                  2 | On Loan: No      |
| TCW CLO Ltd.                                       | TCW CLO Ltd., Series 2020-1A, Class BR3                                       | CUSIP: 87190CBL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  17904685 | PA      | $17818545.56  | 0.54%             | 2034-04-20      | Floating      | 5.27%                 | Yes           |                  2 | On Loan: No      |
| Mars, Inc.                                         | Mars, Inc.                                                                    | CUSIP: 571676AY1<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |  15614000 | PA      | $15952524.32  | 0.48%             | 2030-03-01      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| Arrow Electronics, Inc.                            | Arrow Electronics, Inc.                                                       | CUSIP: 04273WAF8<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |  10627000 | PA      | $10871701.98  | 0.33%             | 2029-08-21      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline LP                    | Plains All American Pipeline LP                                               | CUSIP: 72650RBR2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7113000 | PA      | $7152348.90   | 0.22%             | 2031-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Corebridge Global Funding                          | Corebridge Global Funding                                                     | CUSIP: 00138CAX6<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   5233000 | PA      | $5374900.70   | 0.16%             | 2029-01-12      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley                                     | Morgan Stanley                                                                | CUSIP: 61747YEC5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  18842000 | PA      | $18621986.11  | 0.56%             | 2027-07-20      | Variable      | 1.51%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                     | BNP Paribas SA                                                                | CUSIP: 09659W2T0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |  12560000 | PA      | $12389689.79  | 0.37%             | 2028-01-20      | Variable      | 2.59%                 | Yes           |                  2 | On Loan: No      |
| C-BASS TRUST                                       | C-BASS TRUST, Series 2007-CB1, Class AF3                                      | CUSIP: 1248MGAL8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1528211 | PA      | $416957.09    | 0.01%             | 2037-01-25      | Variable      | 1.45%                 | No            |                  2 | On Loan: No      |
| Huntington Bancshares, Inc.                        | Huntington Bancshares, Inc.                                                   | CUSIP: 446150BE3<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |   4130000 | PA      | $4249828.15   | 0.13%             | 2031-01-15      | Variable      | 5.27%                 | No            |                  2 | On Loan: No      |
| NXP BV                                             | NXP BV                                                                        | CUSIP: 62954HBF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3104000 | PA      | $3117881.31   | 0.09%             | 2028-08-19      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| MF1 LLC                                            | MF1 LLC, Series 2024-FL14, Class C                                            | CUSIP: 55416AAG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3863210 | PA      | $3870797.34   | 0.12%             | 2039-03-19      | Floating      | 6.96%                 | Yes           |                  2 | On Loan: No      |
| Las Vegas Sands Corp.                              | Las Vegas Sands Corp.                                                         | CUSIP: 517834AM9<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |   6598000 | PA      | $6755119.10   | 0.20%             | 2028-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                          | Ford Motor Credit Co. LLC                                                     | CUSIP: 345397D83<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |  16507000 | PA      | $16739504.40  | 0.50%             | 2027-03-05      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                     | Morgan Stanley                                                                | CUSIP: 61746BEF9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   6791000 | PA      | $6781410.97   | 0.20%             | 2027-01-20      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Barclays plc                                       | Barclays plc                                                                  | CUSIP: 06738EBU8<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |  10326000 | PA      | $10181664.31  | 0.31%             | 2027-11-24      | Variable      | 2.28%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Private Bank NA                     | Morgan Stanley Private Bank NA                                                | CUSIP: 61776NVG5<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |  12446000 | PA      | $12609597.82  | 0.38%             | 2031-07-18      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                               | Glencore Funding LLC                                                          | CUSIP: 378272BD9<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   8268000 | PA      | $8219789.37   | 0.25%             | 2026-04-27      | Fixed         | 1.62%                 | Yes           |                  2 | On Loan: No      |
| Nationwide Building Society                        | Nationwide Building Society                                                   | CUSIP: 63861VAF4<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |  10325000 | PA      | $10213357.84  | 0.31%             | 2028-02-16      | Variable      | 2.97%                 | Yes           |                  2 | On Loan: No      |
| Bank of America Corp.                              | Bank of America Corp.                                                         | CUSIP: 06051GJS9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  22751000 | PA      | $22512609.79  | 0.68%             | 2027-07-22      | Variable      | 1.73%                 | No            |                  2 | On Loan: No      |
| Arthur J Gallagher & Co.                           | Arthur J Gallagher & Co.                                                      | CUSIP: 04316JAK5<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |   6009000 | PA      | $6076945.57   | 0.18%             | 2027-12-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Banque Federative du Credit Mutuel SA              | Banque Federative du Credit Mutuel SA                                         | CUSIP: 06675FBA4<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   7978000 | PA      | $8049359.30   | 0.24%             | 2026-07-13      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                     | Morgan Stanley Capital I Trust, Series 2017-H1, Class XA                      | CUSIP: 61691JAW4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  14512253 | PA      | $170324.51    | 0.01%             | 2050-06-15      | Variable      | 1.30%                 | No            |                  2 | On Loan: No      |
| Affirm Asset Securitization Trust                  | Affirm Asset Securitization Trust, Series 2025-X1, Class A                    | CUSIP: 00834MAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    555411 | PA      | $556313.76    | 0.02%             | 2030-04-15      | Fixed         | 5.08%                 | Yes           |                  2 | On Loan: No      |
| COPT Defense Properties LP                         | COPT Defense Properties LP                                                    | CUSIP: 22003BAL0<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              | CORP              | US        |  13184000 | PA      | $13155377.40  | 0.40%             | 2026-03-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Global Payments, Inc.                              | Global Payments, Inc.                                                         | CUSIP: 37940XAE2<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   8692000 | PA      | $8672728.62   | 0.26%             | 2026-03-01      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Greystone CRE Notes LLC                            | Greystone CRE Notes LLC, Series 2025-FL4, Class B                             | CUSIP: 39810MAE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1330000 | PA      | $1332663.99   | 0.04%             | 2043-01-15      | Floating      | 6.27%                 | Yes           |                  2 | On Loan: No      |
| HCA, Inc.                                          | HCA, Inc.                                                                     | CUSIP: 404119DD8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   2803000 | PA      | $2786869.02   | 0.08%             | 2030-11-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CNO Global Funding                                 | CNO Global Funding                                                            | CUSIP: 18977W2J8<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |   8514000 | PA      | $8507680.91   | 0.26%             | 2030-12-11      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                               | JPMorgan Chase & Co.                                                          | CUSIP: 46647PBW5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   6935000 | PA      | $6933880.00   | 0.21%             | 2027-02-04      | Variable      | 1.04%                 | No            |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                 | LPL Holdings, Inc.                                                            | CUSIP: 50212YAJ3<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   8342000 | PA      | $8496241.49   | 0.26%             | 2027-05-20      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                     | Enterprise Fleet Financing LLC, Series 2023-2, Class A3                       | CUSIP: 29375NAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3561000 | PA      | $3617227.83   | 0.11%             | 2030-04-22      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                | U.S. Treasury 2 Year Note                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       154 | NC      | $-69409.65    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Avolon Holdings Funding Ltd.                       | Avolon Holdings Funding Ltd.                                                  | CUSIP: 05401AAS0<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   5044000 | PA      | $5249562.87   | 0.16%             | 2028-05-04      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Brown & Brown, Inc.                                | Brown & Brown, Inc.                                                           | CUSIP: 115236AJ0<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |   4171000 | PA      | $4226328.48   | 0.13%             | 2028-06-23      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Eagle Funding Luxco Sarl                           | Eagle Funding Luxco Sarl                                                      | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | NUSS              | LU        |  11215000 | PA      | $11392421.30  | 0.34%             | 2030-08-17      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Broadcom, Inc.                                     | Broadcom, Inc.                                                                | CUSIP: 11135FBZ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   2368000 | PA      | $2409990.63   | 0.07%             | 2027-07-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| TRTX Issuer Ltd.                                   | TRTX Issuer Ltd., Series 2025-FL7, Class AS                                   | CUSIP: 87277LAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3885469 | PA      | $3885465.11   | 0.12%             | 2043-06-18      | Floating      | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Ownit Mortgage Loan Trust                          | Ownit Mortgage Loan Trust, Series 2006-1, Class AF2                           | CUSIP: 69121PCH4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    881144 | PA      | $490658.86    | 0.01%             | 2035-10-25      | Variable      | 3.16%                 | No            |                  2 | On Loan: No      |
| News Corp.                                         | News Corp.                                                                    | CUSIP: 65249BAA7<br>LEI: 549300ITS31QK8VRBQ14 | Long             | DBT              | CORP              | US        |   9172000 | PA      | $8935995.08   | 0.27%             | 2029-05-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Meituan                                            | Meituan                                                                       | CUSIP: 58533EAG8<br>LEI: 21380033K525E5JLIA77 | Long             | DBT              | CORP              | KY        |   3026000 | PA      | $2992555.59   | 0.09%             | 2031-05-05      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| BANK                                               | BANK, Series 2019-BN24, Class XA                                              | CUSIP: 06540VBC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  34068915 | PA      | $742215.17    | 0.02%             | 2062-11-15      | Variable      | 0.63%                 | No            |                  2 | On Loan: No      |
| WEA Finance LLC                                    | WEA Finance LLC                                                               | CUSIP: 92928QAF5<br>LEI: 3CYEJKBUJZO3UW777J80 | Long             | DBT              | CORP              | US        |   2637000 | PA      | $2552922.16   | 0.08%             | 2029-06-15      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Arbor Realty Commercial Real Estate Notes Ltd.     | Arbor Realty Commercial Real Estate Notes Ltd., Series 2021-FL4, Class B      | CUSIP: 03880RAE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7713500 | PA      | $7714238.18   | 0.23%             | 2036-11-15      | Floating      | 5.79%                 | Yes           |                  2 | On Loan: No      |
| Bank of America Corp.                              | Bank of America Corp., Series L                                               | CUSIP: 06051GGC7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   6721000 | PA      | $6729713.78   | 0.20%             | 2027-11-25      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                         | J.P. Morgan Mortgage Trust, Series 2026-NQM1, Class A1                        | CUSIP: 46660DAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2710755 | PA      | $2711443.53   | 0.08%             | 2066-06-25      | Variable      | 4.75%                 | Yes           |                  2 | On Loan: No      |
| BSPRT Issuer Ltd.                                  | BSPRT Issuer Ltd., Series 2022-FL8, Class B                                   | CUSIP: 055983AE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2054500 | PA      | $2049399.09   | 0.06%             | 2037-02-15      | Floating      | 5.76%                 | Yes           |                  2 | On Loan: No      |
| Bain Capital Credit CLO Ltd.                       | Bain Capital Credit CLO Ltd., Series 2021-7A, Class BR                        | CUSIP: 05682NAQ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8775562 | PA      | $8777097.72   | 0.26%             | 2035-01-22      | Floating      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                    | Goldman Sachs Group, Inc. (The)                                               | CUSIP: 38141GYM0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   8452000 | PA      | $8325945.18   | 0.25%             | 2027-10-21      | Variable      | 1.95%                 | No            |                  2 | On Loan: No      |
| Palmer Square Loan Funding Ltd.                    | Palmer Square Loan Funding Ltd., Series 2025-2A, Class A2                     | CUSIP: 69704AAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   9500000 | PA      | $9505472.00   | 0.29%             | 2033-07-15      | Floating      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                         | J.P. Morgan Mortgage Trust, Series 2024-NQM1, Class A1                        | CUSIP: 465983AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3567672 | PA      | $3604974.14   | 0.11%             | 2064-02-25      | Variable      | 5.59%                 | Yes           |                  2 | On Loan: No      |
| Store Capital LLC                                  | Store Capital LLC                                                             | CUSIP: 862121AA8<br>LEI: 254900Z9PIEFQ6AYXK50 | Long             | DBT              | CORP              | US        |   1747000 | PA      | $1753372.99   | 0.05%             | 2028-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States of America                           | U.S. Treasury Notes                                                           | CUSIP: 91282CPL9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  66540000 | PA      | $66352856.25  | 2.00%             | 2027-11-30      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Co.                       | Pacific Gas and Electric Co.                                                  | CUSIP: 694308KL0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   8343000 | PA      | $8749957.69   | 0.26%             | 2029-01-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Philip Morris International, Inc.                  | Philip Morris International, Inc.                                             | CUSIP: 718172CZ0<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   6300000 | PA      | $6418390.61   | 0.19%             | 2028-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SMBC Aviation Capital Finance DAC                  | SMBC Aviation Capital Finance DAC                                             | CUSIP: 78448TAL6<br>LEI: 549300OD7VKRVNWB2J98 | Long             | DBT              | CORP              | IE        |  17518000 | PA      | $17992156.55  | 0.54%             | 2029-04-03      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                              | FHLMC Multifamily Structured Pass-Through Certificates, Series K109, Class X1 | CUSIP: 3137FTG27<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  28263259 | PA      | $1530088.05   | 0.05%             | 2030-04-25      | Variable      | 1.57%                 | No            |                  2 | On Loan: No      |
| FNMA                                               | FNMA                                                                          | CUSIP: 31400YC79<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     24203 | PA      | $24705.48     | 0.00%             | 2033-03-01      | Variable      | 6.48%                 | No            |                  2 | On Loan: No      |
| Citizens Financial Group, Inc.                     | Citizens Financial Group, Inc.                                                | CUSIP: 174610BF1<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |   9750000 | PA      | $10169719.85  | 0.31%             | 2030-01-23      | Variable      | 5.84%                 | No            |                  2 | On Loan: No      |
| COLT Mortgage Loan Trust                           | COLT Mortgage Loan Trust, Series 2024-2, Class A1                             | CUSIP: 12665LAA2<br>LEI: 213800Z2Q6LED8DB8K38 | Long             | ABS-MBS          | CORP              | US        |   3338321 | PA      | $3375254.03   | 0.10%             | 2069-04-25      | Variable      | 6.13%                 | Yes           |                  2 | On Loan: No      |
| BXMT Ltd.                                          | BXMT Ltd., Series 2020-FL2, Class A                                           | CUSIP: 12434LAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1160916 | PA      | $1159536.80   | 0.03%             | 2038-02-15      | Floating      | 4.94%                 | Yes           |                  2 | On Loan: No      |
| Las Vegas Sands Corp.                              | Las Vegas Sands Corp.                                                         | CUSIP: 517834AJ6<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |   3911000 | PA      | $3982796.18   | 0.12%             | 2027-06-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                  | Wells Fargo & Co.                                                             | CUSIP: 95000U2V4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  13228000 | PA      | $13158252.46  | 0.40%             | 2028-03-24      | Variable      | 3.53%                 | No            |                  2 | On Loan: No      |
| PFS Financing Corp.                                | PFS Financing Corp., Series 2025-C, Class A                                   | CUSIP: 69335PFW0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6500000 | PA      | $6521362.90   | 0.20%             | 2029-04-15      | Floating      | 4.66%                 | Yes           |                  2 | On Loan: No      |
| Berry Global, Inc.                                 | Berry Global, Inc.                                                            | CUSIP: 08576PAF8<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   9789000 | PA      | $9577607.62   | 0.29%             | 2027-01-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                        | Capital One Financial Corp.                                                   | CUSIP: 14040HDB8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1685523.58   | 0.05%             | 2027-10-29      | Variable      | 7.15%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corp.                                     | M&T Bank Corp.                                                                | CUSIP: 55261FAS3<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |   3652000 | PA      | $3958702.96   | 0.12%             | 2029-10-30      | Variable      | 7.41%                 | No            |                  2 | On Loan: No      |
| Dryden 95 CLO Ltd.                                 | Dryden 95 CLO Ltd., Series 2021-95A, Class BR                                 | CUSIP: 262487AL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  16500000 | PA      | $16512672.00  | 0.50%             | 2034-08-20      | Floating      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC                         | AerCap Ireland Capital DAC                                                    | CUSIP: 00774MBG9<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   5009000 | PA      | $5140429.90   | 0.15%             | 2027-04-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                          | OBX Trust, Series 2024-NQM1, Class A2                                         | CUSIP: 67448LAB8<br>LEI: 254900UI1468MQ7I8472 | Long             | ABS-MBS          | CORP              | US        |    617338 | PA      | $622541.80    | 0.02%             | 2063-11-25      | Variable      | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                       | Avolon Holdings Funding Ltd.                                                  | CUSIP: 05401AAR2<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   6355000 | PA      | $6170899.72   | 0.19%             | 2027-11-18      | Fixed         | 2.53%                 | Yes           |                  2 | On Loan: No      |
| Japan Tobacco, Inc.                                | Japan Tobacco, Inc.                                                           | CUSIP: 471105AC0<br>LEI: 353800Z0ENYBQO0XRJ31 | Long             | DBT              | CORP              | JP        |   9362000 | PA      | $9531759.18   | 0.29%             | 2028-05-15      | Fixed         | 4.85%                 | Yes           |                  2 | On Loan: No      |
| CF Hippolyta Issuer LLC                            | CF Hippolyta Issuer LLC, Series 2020-1, Class B1                              | CUSIP: 12530MAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    499890 | PA      | $314978.65    | 0.01%             | 2060-07-15      | Fixed         | 2.28%                 | Yes           |                  2 | On Loan: No      |
| WEA Finance LLC                                    | WEA Finance LLC                                                               | CUSIP: 92928QAE8<br>LEI: 3CYEJKBUJZO3UW777J80 | Long             | DBT              | CORP              | US        |  10680000 | PA      | $10603198.52  | 0.32%             | 2028-09-20      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Diamondback Energy, Inc.                           | Diamondback Energy, Inc.                                                      | CUSIP: 25278XAX7<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |   4369000 | PA      | $4429470.32   | 0.13%             | 2027-04-18      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| EQT Corp.                                          | EQT Corp.                                                                     | CUSIP: 26884LAQ2<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |  14194000 | PA      | $14641409.22  | 0.44%             | 2028-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Tapestry, Inc.                                     | Tapestry, Inc.                                                                | CUSIP: 876030AK3<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |   7899000 | PA      | $8097814.12   | 0.24%             | 2030-03-11      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| BXMT Ltd.                                          | BXMT Ltd., Series 2020-FL2, Class B                                           | CUSIP: 12434LAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5795500 | PA      | $5773842.22   | 0.17%             | 2038-02-15      | Floating      | 5.44%                 | Yes           |                  2 | On Loan: No      |
| Eversource Energy                                  | Eversource Energy                                                             | CUSIP: 30040WBB3<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |  13220000 | PA      | $13198034.18  | 0.40%             | 2030-12-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| FORT CRE Issuer LLC                                | FORT CRE Issuer LLC, Series 2022-FL3, Class AS                                | CUSIP: 34706CAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5555800 | PA      | $5549977.51   | 0.17%             | 2039-02-23      | Floating      | 5.95%                 | Yes           |                  2 | On Loan: No      |
| Marathon Petroleum Corp.                           | Marathon Petroleum Corp.                                                      | CUSIP: 56585ABK7<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |  11074000 | PA      | $11400300.06  | 0.34%             | 2030-03-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| FNMA                                               | UMBS                                                                          | CUSIP: 3138ERQS2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    531266 | PA      | $520230.72    | 0.02%             | 2031-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust              | Wells Fargo Commercial Mortgage Trust, Series 2021-C61, Class XA              | CUSIP: 95003QBC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  43391643 | PA      | $2178021.85   | 0.07%             | 2054-11-15      | Variable      | 1.34%                 | No            |                  2 | On Loan: No      |
| Ambac Assurance Corp.                              | Ambac Assurance Corp.                                                         | CUSIP: 023138AA8<br>LEI: 549300RYYRVPPB8NC636 | Long             | DBT              | CORP              | US        |     23513 | PA      | $30802.41     | 0.00%             | 2049-12-31      | Fixed         | 5.10%                 | Yes           |                  2 | On Loan: No      |
| Stellantis Finance US, Inc.                        | Stellantis Finance US, Inc.                                                   | CUSIP: 85855CAA8<br>LEI: 549300QZ0AI8Q7LNON33 | Long             | DBT              | CORP              | US        |   6594000 | PA      | $6436447.25   | 0.19%             | 2027-01-29      | Fixed         | 1.71%                 | Yes           |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                 | LPL Holdings, Inc.                                                            | CUSIP: 50212YAL8<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   7293000 | PA      | $7456029.84   | 0.22%             | 2030-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| MF1 LLC                                            | MF1 LLC, Series 2022-FL9, Class B                                             | CUSIP: 55285AAE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  15126500 | PA      | $15131990.92  | 0.46%             | 2037-06-19      | Floating      | 6.82%                 | Yes           |                  2 | On Loan: No      |
| OneMain Financial Issuance Trust                   | OneMain Financial Issuance Trust, Series 2020-2A, Class A                     | CUSIP: 682696AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6062491 | PA      | $5974032.67   | 0.18%             | 2035-09-14      | Fixed         | 1.75%                 | Yes           |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                       | GS Mortgage Securities Trust, Series 2017-GS7, Class XA                       | CUSIP: 36254CAX8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  34496223 | PA      | $372921.42    | 0.01%             | 2050-08-10      | Variable      | 1.02%                 | No            |                  2 | On Loan: No      |
| American Homes 4 Rent LP                           | American Homes 4 Rent LP                                                      | CUSIP: 02666TAK3<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              | CORP              | US        |   9703000 | PA      | $9828595.34   | 0.30%             | 2030-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)           | PNC Financial Services Group, Inc. (The)                                      | CUSIP: 693475BK0<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |  16902000 | PA      | $17320451.10  | 0.52%             | 2028-12-02      | Variable      | 5.35%                 | No            |                  2 | On Loan: No      |
| NTT Finance Corp.                                  | NTT Finance Corp.                                                             | CUSIP: 62954WAQ8<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |   5972000 | PA      | $6050433.92   | 0.18%             | 2028-07-16      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| PFP Ltd.                                           | PFP Ltd., Series 2025-12, Class B                                             | CUSIP: 69382JAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5395500 | PA      | $5385631.63   | 0.16%             | 2042-12-18      | Floating      | 5.72%                 | Yes           |                  2 | On Loan: No      |
| BANK                                               | BANK, Series 2021-BN35, Class XA                                              | CUSIP: 06540CBL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  31429115 | PA      | $1245551.56   | 0.04%             | 2064-06-15      | Variable      | 1.02%                 | No            |                  2 | On Loan: No      |
| FNMA                                               | FNMA                                                                          | CUSIP: 31401L4W0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     51118 | PA      | $52281.56     | 0.00%             | 2033-05-01      | Variable      | 6.37%                 | No            |                  2 | On Loan: No      |
| COOPR Residential Mortgage Trust                   | COOPR Residential Mortgage Trust, Series 2025-CES1, Class A1A                 | CUSIP: 12596SAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2220607 | PA      | $2250324.89   | 0.07%             | 2060-05-25      | Variable      | 5.65%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                     | Morgan Stanley Capital I Trust, Series 2021-L5, Class XA                      | CUSIP: 61691YAP6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  44280382 | PA      | $1907311.02   | 0.06%             | 2054-05-15      | Variable      | 1.26%                 | No            |                  2 | On Loan: No      |
| ACRES Commercial Realty Issuer LLC                 | ACRES Commercial Realty Issuer LLC, Series 2026-FL4, Class B                  | CUSIP: 00501XAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4637500 | PA      | $4646190.68   | 0.14%             | 2044-08-18      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Huntington Bancshares, Inc.                        | Huntington Bancshares, Inc.                                                   | CUSIP: 446150BB9<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |   1309000 | PA      | $1316545.85   | 0.04%             | 2028-08-04      | Variable      | 4.44%                 | No            |                  2 | On Loan: No      |
| CF Hippolyta Issuer LLC                            | CF Hippolyta Issuer LLC, Series 2020-1, Class A1                              | CUSIP: 12530MAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1546326 | PA      | $1299343.76   | 0.04%             | 2060-07-15      | Fixed         | 1.69%                 | Yes           |                  2 | On Loan: No      |
| Rate Mortgage Trust                                | Rate Mortgage Trust, Series 2025-J3, Class A27                                | CUSIP: 75410EBC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  15481253 | PA      | $15604661.97  | 0.47%             | 2055-11-25      | Floating      | 5.25%                 | Yes           |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                 | LPL Holdings, Inc.                                                            | CUSIP: 50212YAH7<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   3844000 | PA      | $4088810.87   | 0.12%             | 2028-11-17      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Corebridge Financial, Inc.                         | Corebridge Financial, Inc.                                                    | CUSIP: 21871XAD1<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |   8294000 | PA      | $8257633.55   | 0.25%             | 2027-04-05      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)           | PNC Financial Services Group, Inc. (The)                                      | CUSIP: 693475BY0<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |  13246000 | PA      | $13316741.32  | 0.40%             | 2027-07-23      | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| Marriott International, Inc.                       | Marriott International, Inc.                                                  | CUSIP: 571903BL6<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |  15549000 | PA      | $15895249.64  | 0.48%             | 2029-04-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ACREC Ltd.                                         | ACREC Ltd., Series 2021-FL1, Class C                                          | CUSIP: 00500RAG0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5972500 | PA      | $5971866.32   | 0.18%             | 2036-10-16      | Floating      | 5.94%                 | Yes           |                  2 | On Loan: No      |
| Diamondback Energy, Inc.                           | Diamondback Energy, Inc.                                                      | CUSIP: 25278XAY5<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |   4369000 | PA      | $4492616.66   | 0.14%             | 2030-01-30      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Booz Allen Hamilton, Inc.                          | Booz Allen Hamilton, Inc.                                                     | CUSIP: 09951LAB9<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |   4711000 | PA      | $4626495.92   | 0.14%             | 2029-07-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| IQVIA, Inc.                                        | IQVIA, Inc.                                                                   | CUSIP: 46266TAF5<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   3009000 | PA      | $3165651.55   | 0.10%             | 2029-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                            | BPCE SA                                                                       | CUSIP: 05571AAX3<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   8749000 | PA      | $9013489.71   | 0.27%             | 2029-05-30      | Fixed         | 5.28%                 | Yes           |                  2 | On Loan: No      |
| ARDN Mortgage Trust                                | ARDN Mortgage Trust, Series 2025-ARCP, Class A                                | CUSIP: 039961AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  14993000 | PA      | $15039853.13  | 0.45%             | 2035-06-15      | Floating      | 5.43%                 | Yes           |                  2 | On Loan: No      |
| Boeing Co. (The)                                   | Boeing Co. (The)                                                              | CUSIP: 097023DG7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |  21074000 | PA      | $21070392.34  | 0.64%             | 2026-02-04      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Element Fleet Management Corp.                     | Element Fleet Management Corp.                                                | CUSIP: 286181AM4<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |  13058000 | PA      | $13265812.59  | 0.40%             | 2027-03-13      | Fixed         | 5.64%                 | Yes           |                  2 | On Loan: No      |
| CCUBS Commercial Mortgage Trust                    | CCUBS Commercial Mortgage Trust, Series 2017-C1, Class XA                     | CUSIP: 12508GAV8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  19127398 | PA      | $232239.13    | 0.01%             | 2050-11-15      | Variable      | 0.94%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                 | Energy Transfer LP                                                            | CUSIP: 29273VAP5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   4370000 | PA      | $4494281.01   | 0.14%             | 2028-02-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                   | Boeing Co. (The)                                                              | CUSIP: 097023DR3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |  10258000 | PA      | $11130459.21  | 0.34%             | 2031-05-01      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                       | GS Mortgage Securities Trust, Series 2017-GS6, Class XA                       | CUSIP: 36253PAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  37081729 | PA      | $352498.91    | 0.01%             | 2050-05-10      | Variable      | 0.99%                 | No            |                  2 | On Loan: No      |
| CD Mortgage Trust                                  | CD Mortgage Trust, Series 2017-CD4, Class XA                                  | CUSIP: 12515DAS3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  31814751 | PA      | $281407.83    | 0.01%             | 2050-05-10      | Variable      | 1.22%                 | No            |                  2 | On Loan: No      |
| Enbridge, Inc.                                     | Enbridge, Inc.                                                                | CUSIP: 29250NCJ2<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   4364000 | PA      | $4455670.40   | 0.13%             | 2030-06-20      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Meituan                                            | Meituan                                                                       | CUSIP: 58533EAE3<br>LEI: 21380033K525E5JLIA77 | Long             | DBT              | CORP              | KY        |   7022000 | PA      | $7053341.43   | 0.21%             | 2028-04-02      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| BAT International Finance plc                      | BAT International Finance plc                                                 | CUSIP: 05530QAQ3<br>LEI: 21380041YBGOQDFAC823 | Long             | DBT              | CORP              | GB        |  15232000 | PA      | $15988530.03  | 0.48%             | 2029-02-02      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| Elevance Health, Inc.                              | Elevance Health, Inc.                                                         | CUSIP: 036752BG7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |   5855000 | PA      | $5882144.31   | 0.18%             | 2026-10-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ARI Fleet Lease Trust                              | ARI Fleet Lease Trust, Series 2023-B, Class A2                                | CUSIP: 04033GAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    724395 | PA      | $729598.44    | 0.02%             | 2032-07-15      | Fixed         | 6.05%                 | Yes           |                  2 | On Loan: No      |
| BSPRT Issuer Ltd.                                  | BSPRT Issuer Ltd., Series 2022-FL8, Class C                                   | CUSIP: 055983AG5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3317000 | PA      | $3316978.44   | 0.10%             | 2037-02-15      | Floating      | 6.01%                 | Yes           |                  2 | On Loan: No      |
| International Flavors & Fragrances, Inc.           | International Flavors & Fragrances, Inc.                                      | CUSIP: 459506AP6<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |   1320000 | PA      | $1269948.93   | 0.04%             | 2027-10-15      | Fixed         | 1.83%                 | Yes           |                  2 | On Loan: No      |
| JBS NV                                             | JBS NV                                                                        | CUSIP: 46590XAN6<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |  16557000 | PA      | $15984884.45  | 0.48%             | 2029-02-02      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AutoNation Finance Trust                           | AutoNation Finance Trust, Series 2025-1A, Class A2                            | CUSIP: 05330QAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2729922 | PA      | $2735632.88   | 0.08%             | 2028-04-10      | Fixed         | 4.72%                 | Yes           |                  2 | On Loan: No      |
| VMware LLC                                         | VMware LLC                                                                    | CUSIP: 928563AJ4<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |   4323000 | PA      | $4266414.65   | 0.13%             | 2026-08-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                               | JPMorgan Chase & Co.                                                          | CUSIP: 46647PEA0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  18041000 | PA      | $18224013.68  | 0.55%             | 2028-01-23      | Variable      | 5.04%                 | No            |                  2 | On Loan: No      |
| Affirm Asset Securitization Trust                  | Affirm Asset Securitization Trust, Series 2024-X2, Class A                    | CUSIP: 00833QAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      8623 | PA      | $8626.49      | 0.00%             | 2029-12-17      | Fixed         | 5.22%                 | Yes           |                  2 | On Loan: No      |
| Sammons Financial Group Global Funding             | Sammons Financial Group Global Funding                                        | CUSIP: 79587J2A0<br>LEI: 635400IPRNPM6HDHRS48 | Long             | DBT              | CORP              | US        |  14541000 | PA      | $14878994.06  | 0.45%             | 2029-12-10      | Fixed         | 5.10%                 | Yes           |                  2 | On Loan: No      |
| PFP Ltd.                                           | PFP Ltd., Series 2025-12, Class AS                                            | CUSIP: 69382JAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  10926000 | PA      | $10905863.38  | 0.33%             | 2042-12-18      | Floating      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| 37 Capital CLO II                                  | 37 Capital CLO II, Series 2022-1A, Class BR                                   | CUSIP: 88429PAW2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   9400000 | PA      | $9399765.00   | 0.28%             | 2034-07-15      | Floating      | 5.37%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley                                     | Morgan Stanley                                                                | CUSIP: 6174467Y9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  10553000 | PA      | $10582342.30  | 0.32%             | 2026-09-08      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                              | Bank of America Corp.                                                         | CUSIP: 06051GFL8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   4033000 | PA      | $4042434.32   | 0.12%             | 2026-10-22      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Paychex, Inc.                                      | Paychex, Inc.                                                                 | CUSIP: 704326AA5<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |  12480000 | PA      | $12836931.12  | 0.39%             | 2030-04-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Issuance Trust                   | OneMain Financial Issuance Trust, Series 2022-S1, Class A                     | CUSIP: 68267HAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2220798 | PA      | $2220491.14   | 0.07%             | 2035-05-14      | Fixed         | 4.13%                 | Yes           |                  2 | On Loan: No      |
| COLT Mortgage Loan Trust                           | COLT Mortgage Loan Trust, Series 2024-3, Class A2                             | CUSIP: 19688VAB6<br>LEI: 213800YFAHWZN77V6P52 | Long             | ABS-MBS          | CORP              | US        |   1719454 | PA      | $1746183.24   | 0.05%             | 2069-06-25      | Variable      | 6.65%                 | Yes           |                  2 | On Loan: No      |
| Rio Tinto Finance USA plc                          | Rio Tinto Finance USA plc                                                     | CUSIP: 76720AAR7<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |   6206000 | PA      | $6282194.17   | 0.19%             | 2028-03-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JPMCC Commercial Mortgage Securities Trust         | JPMCC Commercial Mortgage Securities Trust, Series 2017-JP7, Class XA         | CUSIP: 465968AG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  29651606 | PA      | $297470.84    | 0.01%             | 2050-09-15      | Variable      | 1.01%                 | No            |                  2 | On Loan: No      |
| Dryden 49 Senior Loan Fund                         | Dryden 49 Senior Loan Fund, Series 2017-49A, Class BR                         | CUSIP: 26244QAQ6<br>LEI: 549300VCB8LYR1RGV869 | Long             | ABS-CBDO         | CORP              | KY        |   9054010 | PA      | $9094943.18   | 0.27%             | 2030-07-18      | Floating      | 5.53%                 | Yes           |                  2 | On Loan: No      |
| Mizuho Financial Group, Inc.                       | Mizuho Financial Group, Inc.                                                  | CUSIP: 60687YDL0<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |  14398000 | PA      | $14573377.29  | 0.44%             | 2031-07-08      | Variable      | 4.71%                 | No            |                  2 | On Loan: No      |
| eBay, Inc.                                         | eBay, Inc.                                                                    | CUSIP: 278642BD4<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |   8418000 | PA      | $8452376.92   | 0.25%             | 2029-03-06      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Benchmark Mortgage Trust                           | Benchmark Mortgage Trust, Series 2021-B27, Class XA                           | CUSIP: 08163HAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  69134317 | PA      | $3168702.28   | 0.10%             | 2054-07-15      | Variable      | 1.23%                 | No            |                  2 | On Loan: No      |
| TRTX Issuer Ltd.                                   | TRTX Issuer Ltd., Series 2025-FL7, Class B                                    | CUSIP: 87277LAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7135803 | PA      | $7135793.01   | 0.22%             | 2043-06-18      | Floating      | 5.63%                 | Yes           |                  2 | On Loan: No      |
| Algonquin Power & Utilities Corp.                  | Algonquin Power & Utilities Corp.                                             | CUSIP: 015857AF2<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |   3482000 | PA      | $3497655.11   | 0.11%             | 2026-06-15      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| OBX Trust                                          | OBX Trust, Series 2024-NQM1, Class A1                                         | CUSIP: 67448LAA0<br>LEI: 254900UI1468MQ7I8472 | Long             | ABS-MBS          | CORP              | US        |   2036745 | PA      | $2052096.56   | 0.06%             | 2063-11-25      | Variable      | 5.93%                 | Yes           |                  2 | On Loan: No      |
| Philip Morris International, Inc.                  | Philip Morris International, Inc.                                             | CUSIP: 718172DR7<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   5549000 | PA      | $5576413.78   | 0.17%             | 2028-04-28      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                              | Bank of America Corp.                                                         | CUSIP: 06051GFU8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   6999000 | PA      | $7003884.04   | 0.21%             | 2026-03-03      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank of America Merrill Lynch Trust | Morgan Stanley Bank of America Merrill Lynch Trust, Series 2017-C33, Class XA | CUSIP: 61767CAW8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  30200760 | PA      | $351941.53    | 0.01%             | 2050-05-15      | Variable      | 1.23%                 | No            |                  2 | On Loan: No      |
| Benchmark Mortgage Trust                           | Benchmark Mortgage Trust, Series 2021-B28, Class XA                           | CUSIP: 08163GAZ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  51841528 | PA      | $2471871.47   | 0.07%             | 2054-08-15      | Variable      | 1.24%                 | No            |                  2 | On Loan: No      |
| N/A                                                | IRS                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        | 228000000 | PA      | $2259755.43   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Enbridge, Inc.                                     | Enbridge, Inc.                                                                | CUSIP: 29250NCA1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   9732000 | PA      | $9865964.68   | 0.30%             | 2027-04-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Schlumberger Holdings Corp.                        | Schlumberger Holdings Corp.                                                   | CUSIP: 806851AM3<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |   4083000 | PA      | $4187525.70   | 0.13%             | 2029-11-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Residential Mortgage Loan Trust     | Morgan Stanley Residential Mortgage Loan Trust, Series 2025-NQM9, Class A1    | CUSIP: 61779VAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3847859 | PA      | $3867207.80   | 0.12%             | 2070-09-25      | Variable      | 5.02%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                              | FHLMC, Series 4203, Class BN                                                  | CUSIP: 3137B2BP4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4718113 | PA      | $4616021.80   | 0.14%             | 2033-04-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Rentokil Terminix Funding LLC                      | Rentokil Terminix Funding LLC                                                 | CUSIP: 760130AA2<br>LEI: 984500D5BAA7560EKJ44 | Long             | DBT              | CORP              | US        |  15656000 | PA      | $15946946.25  | 0.48%             | 2030-04-28      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| BBCMS Mortgage Trust                               | BBCMS Mortgage Trust, Series 2021-C9, Class XA                                | CUSIP: 05493EAZ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  52248336 | PA      | $3172012.14   | 0.10%             | 2054-02-15      | Variable      | 1.54%                 | No            |                  2 | On Loan: No      |
| Marsh & McLennan Cos., Inc.                        | Marsh & McLennan Cos., Inc.                                                   | CUSIP: 571748BY7<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |   6055000 | PA      | $6121321.87   | 0.18%             | 2027-11-08      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                       | GS Mortgage Securities Trust, Series 2020-GC47, Class XA                      | CUSIP: 36258RBC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  38902543 | PA      | $1488815.86   | 0.04%             | 2053-05-12      | Variable      | 1.12%                 | No            |                  2 | On Loan: No      |
| Ashtead Capital, Inc.                              | Ashtead Capital, Inc.                                                         | CUSIP: 045054AL7<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |   6204000 | PA      | $6148765.66   | 0.19%             | 2029-11-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Penske Truck Leasing Co. LP                        | Penske Truck Leasing Co. LP                                                   | CUSIP: 709599BZ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8420000 | PA      | $8670894.11   | 0.26%             | 2029-03-30      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: No      |
| LRECS LLC                                          | LRECS LLC, Series 2025-CRE1, Class AS                                         | CUSIP: 50230AAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  16500000 | PA      | $16540420.05  | 0.50%             | 2043-08-19      | Floating      | 5.43%                 | Yes           |                  2 | On Loan: No      |
| GXO Logistics, Inc.                                | GXO Logistics, Inc.                                                           | CUSIP: 36262GAF8<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |   5893000 | PA      | $6216242.72   | 0.19%             | 2029-05-06      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Invesco CLO Ltd.                                   | Invesco CLO Ltd., Series 2022-2A, Class BR                                    | CUSIP: 46145XAQ9<br>LEI: 54930008L2A8UYGN7A86 | Long             | ABS-CBDO         | CORP              | JE        |  15288461 | PA      | $15290586.10  | 0.46%             | 2035-07-20      | Floating      | 5.35%                 | Yes           |                  2 | On Loan: No      |
| AutoNation, Inc.                                   | AutoNation, Inc.                                                              | CUSIP: 05329WAU6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  16914000 | PA      | $16951382.65  | 0.51%             | 2029-01-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Ross Stores, Inc.                                  | Ross Stores, Inc.                                                             | CUSIP: 778296AF0<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | DBT              | CORP              | US        |   7863000 | PA      | $7815143.19   | 0.24%             | 2026-04-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| BA Credit Card Trust                               | BA Credit Card Trust, Series 2025-A1, Class A                                 | CUSIP: 05522RDK1<br>LEI: 5493006DQ60M1CRKHH19 | Long             | ABS-O            | CORP              | US        |   3923000 | PA      | $3966933.68   | 0.12%             | 2030-05-15      | Fixed         | 4.31%                 | No            |                  2 | On Loan: No      |
| ACREC Ltd.                                         | ACREC Ltd., Series 2021-FL1, Class B                                          | CUSIP: 00500RAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  11776000 | PA      | $11761860.56  | 0.35%             | 2036-10-16      | Floating      | 5.59%                 | Yes           |                  2 | On Loan: No      |
| Arthur J Gallagher & Co.                           | Arthur J Gallagher & Co.                                                      | CUSIP: 04316JAL3<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |   6008000 | PA      | $6146350.48   | 0.19%             | 2029-12-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                       | Avolon Holdings Funding Ltd.                                                  | CUSIP: 05401AAP6<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   4863000 | PA      | $4720853.49   | 0.14%             | 2028-02-21      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                | IRS                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |  70900000 | PA      | $671191.24    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Columbia Cent CLO 35 Ltd.                          | Columbia Cent CLO 35 Ltd., Series 2025-35A, Class AJ                          | CUSIP: 19739RAC2<br>LEI: 2549006YWAD6BJI1C841 | Long             | ABS-CBDO         | CORP              | KY        |  13881711 | PA      | $13902339.22  | 0.42%             | 2036-07-25      | Floating      | 5.32%                 | Yes           |                  2 | On Loan: No      |
| PFP Ltd.                                           | PFP Ltd., Series 2026-13, Class AS                                            | CUSIP: 716966AC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   9185000 | PA      | $9224591.94   | 0.28%             | 2043-08-18      | Floating      | 5.40%                 | Yes           |                  2 | On Loan: No      |
| WEA Finance LLC                                    | WEA Finance LLC                                                               | CUSIP: 92928QAH1<br>LEI: 3CYEJKBUJZO3UW777J80 | Long             | DBT              | CORP              | US        |   1822000 | PA      | $1797940.33   | 0.05%             | 2027-01-15      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                | New Residential Mortgage Loan Trust, Series 2025-NQM1, Class A1               | CUSIP: 64832DAC5<br>LEI: 213800CZKHCTHKMD9W65 | Long             | ABS-MBS          | CORP              | US        |  11602618 | PA      | $11810877.15  | 0.36%             | 2065-01-25      | Variable      | 5.64%                 | Yes           |                  2 | On Loan: No      |
| Sammons Financial Group Global Funding             | Sammons Financial Group Global Funding                                        | CUSIP: 79587J2B8<br>LEI: 635400IPRNPM6HDHRS48 | Long             | DBT              | CORP              | US        |   4095000 | PA      | $4160626.72   | 0.13%             | 2028-01-10      | Fixed         | 5.05%                 | Yes           |                  2 | On Loan: No      |
| LLC                                                | LLC, Series 2026-FL21, Class B                                                | CUSIP: 55287NAG2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1820322 | PA      | $1820414.84   | 0.05%             | 2041-02-18      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.              | Sumitomo Mitsui Financial Group, Inc.                                         | CUSIP: 86562MCM0<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |   8689000 | PA      | $8555621.76   | 0.26%             | 2027-01-14      | Fixed         | 2.17%                 | No            |                  2 | On Loan: No      |
| Anglo American Capital plc                         | Anglo American Capital plc                                                    | CUSIP: 034863AR1<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |  12924000 | PA      | $13020183.12  | 0.39%             | 2027-04-10      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| LLC                                                | LLC, Series 2026-FL21, Class C                                                | CUSIP: 55287NAL1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   6024853 | PA      | $6025256.67   | 0.18%             | 2041-02-18      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| BBCMS Mortgage Trust                               | BBCMS Mortgage Trust, Series 2018-C2, Class XA                                | CUSIP: 05491UBE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  60804511 | PA      | $1001170.59   | 0.03%             | 2051-12-15      | Variable      | 0.75%                 | Yes           |                  2 | On Loan: No      |
| LKQ Corp.                                          | LKQ Corp.                                                                     | CUSIP: 501889AD1<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | DBT              | CORP              | US        |  13189000 | PA      | $13548001.81  | 0.41%             | 2028-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LoanCore Issuer Ltd.                               | LoanCore Issuer Ltd., Series 2021-CRE5, Class B                               | CUSIP: 53947XAG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3588000 | PA      | $3580134.03   | 0.11%             | 2036-07-15      | Floating      | 5.79%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Residential Mortgage Loan Trust     | Morgan Stanley Residential Mortgage Loan Trust, Series 2024-NQM5, Class A1    | CUSIP: 61777QAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8791545 | PA      | $8883188.19   | 0.27%             | 2069-10-25      | Variable      | 5.65%                 | Yes           |                  2 | On Loan: No      |
| OBX Trust                                          | OBX Trust, Series 2024-NQM8, Class A1                                         | CUSIP: 67119CAA8<br>LEI: 254900Y1YRD8JNADSC78 | Long             | ABS-MBS          | CORP              | US        |   3924161 | PA      | $3979297.41   | 0.12%             | 2064-05-25      | Variable      | 6.23%                 | Yes           |                  2 | On Loan: No      |
| Bacardi Ltd.                                       | Bacardi Ltd.                                                                  | CUSIP: 067316AF6<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | BM        |   3424000 | PA      | $3452513.53   | 0.10%             | 2028-05-15      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust                | Exeter Automobile Receivables Trust, Series 2024-4A, Class A3                 | CUSIP: 30166UAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    649635 | PA      | $650024.87    | 0.02%             | 2030-08-15      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| LLC                                                | LLC, Series 2026-FL21, Class AS                                               | CUSIP: 55287NAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3373031 | PA      | $3376188.16   | 0.10%             | 2041-02-18      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Verus Securitization Trust                         | Verus Securitization Trust, Series 2024-6, Class A1                           | CUSIP: 92540JAA0<br>LEI: 213800278TKDEXPH6140 | Long             | ABS-MBS          | CORP              | US        |   2918454 | PA      | $2951476.74   | 0.09%             | 2069-07-25      | Variable      | 5.80%                 | Yes           |                  2 | On Loan: No      |
| Aviation Capital Group LLC                         | Aviation Capital Group LLC                                                    | CUSIP: 05369AAV3<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |  10296000 | PA      | $10259763.64  | 0.31%             | 2029-04-30      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| American Credit Acceptance Receivables Trust       | American Credit Acceptance Receivables Trust, Series 2024-3, Class B          | CUSIP: 02490BAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6535699 | PA      | $6544614.03   | 0.20%             | 2028-08-14      | Fixed         | 5.66%                 | Yes           |                  2 | On Loan: No      |
| COLT Mortgage Loan Trust                           | COLT Mortgage Loan Trust, Series 2024-3, Class A1                             | CUSIP: 19688VAA8<br>LEI: 213800YFAHWZN77V6P52 | Long             | ABS-MBS          | CORP              | US        |   5182558 | PA      | $5263227.99   | 0.16%             | 2069-06-25      | Variable      | 6.39%                 | Yes           |                  2 | On Loan: No      |
| Business Jet Securities LLC                        | Business Jet Securities LLC, Series 2024-2A, Class B                          | CUSIP: 12326TAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2175950 | PA      | $2169846.53   | 0.07%             | 2039-09-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Biogen, Inc.                                       | Biogen, Inc.                                                                  | CUSIP: 09062XAN3<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |   9580000 | PA      | $9860840.96   | 0.30%             | 2031-01-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| C-BASS Mortgage Loan Trust                         | C-BASS Mortgage Loan Trust, Series 2007-CB3, Class A3                         | CUSIP: 17311YAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1995810 | PA      | $720032.86    | 0.02%             | 2037-03-25      | Variable      | 2.03%                 | No            |                  2 | On Loan: No      |
| Bayview Financial Revolving Asset Trust            | Bayview Financial Revolving Asset Trust, Series 2005-E, Class M1              | CUSIP: 073250BW1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     61015 | PA      | $143059.49    | 0.00%             | 2040-12-28      | Floating      | 5.39%                 | Yes           |                  2 | On Loan: No      |
| American Credit Acceptance Receivables Trust       | American Credit Acceptance Receivables Trust, Series 2026-1, Class A          | CUSIP: 02531FAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12664000 | PA      | $12664772.50  | 0.38%             | 2029-07-12      | Fixed         | 4.16%                 | Yes           |                  2 | On Loan: No      |
| Business Jet Securities LLC                        | Business Jet Securities LLC, Series 2024-1A, Class B                          | CUSIP: 12327CAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    315346 | PA      | $325139.16    | 0.01%             | 2039-05-15      | Fixed         | 6.92%                 | Yes           |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.               | Mitsubishi UFJ Financial Group, Inc.                                          | CUSIP: 606822DK7<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |   3979000 | PA      | $4095555.61   | 0.12%             | 2031-04-24      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| American Transmission Systems, Inc.                | American Transmission Systems, Inc.                                           | CUSIP: 030288AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1347000 | PA      | $1214839.35   | 0.04%             | 2032-01-15      | Fixed         | 2.65%                 | Yes           |                  2 | On Loan: No      |
| Elevance Health, Inc.                              | Elevance Health, Inc.                                                         | CUSIP: 036752BB8<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |   4976000 | PA      | $5066558.82   | 0.15%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust                       | Dell Equipment Finance Trust, Series 2024-2, Class A2                         | CUSIP: 24704EAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2322077 | PA      | $2326013.46   | 0.07%             | 2030-08-22      | Fixed         | 4.69%                 | Yes           |                  2 | On Loan: No      |
| NTT Finance Corp.                                  | NTT Finance Corp.                                                             | CUSIP: 62954WAP0<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |   2786000 | PA      | $2810277.84   | 0.08%             | 2027-07-16      | Fixed         | 4.57%                 | Yes           |                  2 | On Loan: No      |
| Gildan Activewear, Inc.                            | Gildan Activewear, Inc.                                                       | CUSIP: 375916AF0<br>LEI: 549300SB3IBI34M00Z45 | Long             | DBT              | CORP              | CA        |   5673000 | PA      | $5656079.82   | 0.17%             | 2030-10-07      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| Verus Securitization Trust                         | Verus Securitization Trust, Series 2024-3, Class A2                           | CUSIP: 92540MAB1<br>LEI: 2138005NRONUFED1TZ38 | Long             | ABS-MBS          | CORP              | US        |   2723072 | PA      | $2767287.45   | 0.08%             | 2069-04-25      | Variable      | 6.64%                 | Yes           |                  2 | On Loan: No      |
| Brookfield Finance, Inc.                           | Brookfield Finance, Inc.                                                      | CUSIP: 11271LAC6<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |  13949000 | PA      | $13928230.22  | 0.42%             | 2028-01-25      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| BANK                                               | BANK, Series 2021-BN31, Class XA                                              | CUSIP: 06541ABM1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  50989584 | PA      | $2541183.19   | 0.08%             | 2054-02-15      | Variable      | 1.28%                 | No            |                  2 | On Loan: No      |
| N/A                                                | IRS                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        | 113000000 | PA      | $1566897.39   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                           | U.S. Treasury Notes                                                           | CUSIP: 91282CHQ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  50000000 | PA      | $50660156.00  | 1.53%             | 2028-07-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Chesapeake Funding II LLC                          | Chesapeake Funding II LLC, Series 2023-1A, Class A1                           | CUSIP: 165183CU6<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-O            | CORP              | US        |   1546945 | PA      | $1554082.93   | 0.05%             | 2035-05-15      | Fixed         | 5.65%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-02

**Name of Applicant:** MFS Series Trust IX

**Signature:** James Byrne

**Name of Signer:** James Byrne

**Title:** Assistant Treasurer