# EDGAR Filing Document

**Accession Number:** 0001126087
**File Stem:** 0001752724-25-207149
**Filing Date:** 2025-8
**Character Count:** 250414
**Document Hash:** 1bc5f5f97401d54472115a373d70ee87
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-207149.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001752724-25-207149

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Brighthouse Funds Trust I
- **CENTRAL INDEX KEY:** 0001126087

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10183
- **FILM NUMBER:** 251260862

**BUSINESS ADDRESS:**
- **STREET 1:** BRIGHTHOUSE INVESTMENT ADVISERS, LLC
- **STREET 2:** 11225 NORTH COMMUNITY HOUSE RD
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28277
- **BUSINESS PHONE:** 9809495121

**MAIL ADDRESS:**
- **STREET 1:** BRIGHTHOUSE INVESTMENT ADVISERS, LLC
- **STREET 2:** 11225 NORTH COMMUNITY HOUSE RD
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28277

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MET INVESTORS SERIES TRUST
- **DATE OF NAME CHANGE:** 20001010

## Series and Classes Contracts Data

### Brighthouse/Franklin Low Duration Total Return Portfolio (Series ID: S000032438)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000100086 | Class A      |  |
| C000100087 | Class B      |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Brighthouse Funds Trust I

- **b. Investment Company Act file number:** 811-10183

- **c. CIK number of Registrant:** 0001126087

- **d. LEI of Registrant:** 549300LQX1AREJYGF247

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

  - **Street Address 1:** Brighthouse Investment Advisers, LLC

  - **City:** Charlotte

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 28277

  - **Telephone number:** 980-949-5089

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

- **a. Name of Series:** Brighthouse/Franklin Low Duration Total Return Portfolio

- **b. EDGAR series identifier (if any):** S000032438

- **c. LEI of Series:** 549300HDUGIR8TU0PL77

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

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

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $656549223.25

**Total Liabilities:** $70634075.89

**Net Assets:** $585915147.36

**Delayed Delivery Securities:** $1984069.57

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -2824.47000000 | **1-Year:** -28567.22000000 | **5-Year:** -25834.79000000 | **10-Year:** -8820.30000000 | **30-Year:** -3624.88000000

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

- **3-Month:** -326.85000000 | **1-Year:** -5576.81000000 | **5-Year:** -24768.33000000 | **10-Year:** -963.22000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000100086 | 0.56%                | 0.22%                | 0.73%                |
| Class ID C000100087 | 0.56%                | 0.11%                | 0.80%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-288912.27              | $946352.94                                 |
| Month 2  | $-431959.59              | $-78646.20                                 |
| Month 3  | $173426.40               | $1561803.36                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CROWN CASTLE INC                                   | Crown Castle Inc                                                                | CUSIP: 22822VAC5<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |   2367000 | PA      | $2346506.30   | 0.40%             | 2026-06-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                           | CHS/Community Health Systems Inc                                                | CUSIP: 12543DBH2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1058055.13   | 0.18%             | 2029-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| SCIENTIFIC GAMES HOLDINGS LP                       | Scientific Games Holdings LP 2024 USD Term Loan B                               | CUSIP: 80875CAE7<br>LEI: 549300W5GPFXXB6TQ330 | Long             | LON              | CORP              | US        |    266067 | PA      | $266039.47    | 0.05%             | 2029-04-04      | Floating      | 7.29%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                               | Bank of America Corp                                                            | CUSIP: 06051GKP3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2499477.75   | 0.43%             | 2028-04-27      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| Fannie Mae - CAS                                   | Fannie Mae Connecticut Avenue Securities                                        | CUSIP: 20754BAA9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    169531 | PA      | $169530.48    | 0.03%             | 2042-01-25      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Core & Main LP                                     | Core & Main LP 2024 Term Loan D                                                 | CUSIP: 40416VAG0<br>LEI: 549300ZSLF8Q660SCD17 | Long             | LON              | CORP              | US        |    146390 | PA      | $146572.98    | 0.03%             | 2028-07-27      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| COCA-COLA EUROPACIFIC                              | Coca-Cola Europacific Partners PLC                                              | CUSIP: 19123MAF0<br>LEI: 549300LTH67W4GWMRF57 | Long             | DBT              | CORP              | GB        |   1600000 | PA      | $1531552.96   | 0.26%             | 2027-01-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| AssuredPartners Inc                                | AssuredPartners Inc 2024 Incremental Term Loan B5                               | CUSIP: 04621HAW3<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | LON              | CORP              | US        |    208885 | PA      | $209649.51    | 0.04%             | 2031-02-14      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Notes                                                             | CUSIP: 91282CAH4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2800000 | PA      | $2613953.13   | 0.45%             | 2027-08-31      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| K2016470260 SA LTD                                 | K2016470260 South Africa Ltd                                                    | CUSIP: 000000000<br>LEI: 3789003E1C22310B3356 | Long             | DBT              | CORP              | ZA        |    313720 | PA      | $0.00         | 0.00%             | 2022-12-31      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| PARTY CITY HOLDCO INC                              | PARTY CITY HOLDCO INC                                                           | CUSIP: 702149204<br>LEI: 549300BUAG9YASF5Q703 | Long             | EC               | CORP              | US        |         8 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Highline Aftermarket Acquisition, LLC              | Highline Aftermarket Acquisition LLC 2025 Term Loan B                           | CUSIP: 43110HAF6<br>LEI: 254900Q5W6G5KG3GHJ04 | Long             | LON              | CORP              | US        |    243040 | PA      | $244862.49    | 0.04%             | 2030-02-19      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| ANZ NATIONAL (INTL) LTD                            | ANZ NATIONAL (INTL) LTD                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   1000010 | PA      | $1000010.00   | 0.17%             | 2025-08-20      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| BROADSTREET PARTNERS INC                           | Broadstreet Partners Inc 2024 Term Loan B4                                      | CUSIP: 11132VAY5<br>LEI: 549300BS9N54G8DD0R75 | Long             | LON              | CORP              | US        |    237600 | PA      | $238164.28    | 0.04%             | 2031-06-13      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3138EGBF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    452204 | PA      | $467568.53    | 0.08%             | 2035-09-01      | Floating      | 6.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31410GJK0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       102 | PA      | $103.20       | 0.00%             | 2032-01-01      | Floating      | 7.11%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31402DD80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      9187 | PA      | $9359.82      | 0.00%             | 2033-07-01      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                           | OBX 2024-NQM4 Trust                                                             | CUSIP: 67118TAA2<br>LEI: 254900LSNFNEGAD7J679 | Long             | ABS-MBS          | CORP              | US        |    341983 | PA      | $344324.43    | 0.06%             | 2064-01-25      | Variable      | 6.07%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP                                  | Clarios Global LP 2025 USD Term Loan B                                          | CUSIP: 000000000<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | US        |    259980 | PA      | $260142.78    | 0.04%             | 2032-01-28      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| Flutter Financing BV                               | Flutter Financing BV 2024 Term Loan B                                           | CUSIP: 000000000<br>LEI: 635400VFWPBIKJK6GN11 | Long             | LON              | CORP              | NL        |    248737 | PA      | $247998.88    | 0.04%             | 2030-11-30      | Floating      | 6.05%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                           | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                  | CUSIP: 01883LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $591455.46    | 0.10%             | 2029-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| JPMORGAN CHASE & CO                                | JPMorgan Chase & Co                                                             | CUSIP: 46647PEB8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1018457.00   | 0.17%             | 2030-01-23      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137HLSX1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2894194 | PA      | $2887203.34   | 0.49%             | 2055-06-25      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                           | Volkswagen Group of America Finance LLC                                         | CUSIP: 928668CE0<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2411156.09   | 0.41%             | 2026-03-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                              | Truist Financial Corp                                                           | CUSIP: 89788MAJ1<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2008228.08   | 0.34%             | 2026-10-28      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| FED HOME LN DISCOUNT NT                            | Federal Home Loan Bank Discount Notes                                           | CUSIP: 313385HP4<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |  16890000 | PA      | $16888043.63  | 2.88%             | 2025-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                   | Crown Castle Inc                                                                | CUSIP: 22822VAV3<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    733000 | PA      | $705960.85    | 0.12%             | 2026-07-15      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| Camelot US Acquisition LLC                         | Camelot US Acquisition LLC 2024 Term Loan B                                     | CUSIP: 000000000<br>LEI: 549300U6VBJHQP2SFL81 | Long             | LON              | CORP              | US        |    250000 | PA      | $247708.25    | 0.04%             | 2031-01-31      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31385UNU3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6457 | PA      | $6501.98      | 0.00%             | 2030-08-01      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Cloudera Inc                                       | Cloudera Inc 2021 Term Loan                                                     | CUSIP: 74339VAB4<br>LEI: 549300PGONC4JOI0RG62 | Long             | LON              | CORP              | US        |    248715 | PA      | $239698.75    | 0.04%             | 2028-10-08      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| New York Mortgage Trust                            | New York Mortgage Trust 2005-3                                                  | CUSIP: 649603AH0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     26637 | PA      | $26151.69     | 0.00%             | 2036-02-25      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| Oryx Midstream Services Permian Basin LLC          | Oryx Midstream Services Permian Basin LLC 2025 Term Loan B                      | CUSIP: 68764JAJ0<br>LEI: 254900YYHRDANYFAHC43 | Long             | LON              | CORP              | US        |    157608 | PA      | $157748.78    | 0.03%             | 2028-10-05      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3138XP2F9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     24168 | PA      | $24689.82     | 0.00%             | 2044-02-01      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31385XUH8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2929 | PA      | $2997.77      | 0.00%             | 2038-03-01      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA NA                                 | BANK OF AMERICA NA                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   1999998 | PA      | $1999998.00   | 0.34%             | 2025-07-09      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| BX Trust                                           | BX Trust 2022-IND                                                               | CUSIP: 05609WAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1910504 | PA      | $1911697.72   | 0.33%             | 2037-04-15      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| SCHLUMBERGER HLDGS CORP                            | Schlumberger Holdings Corp                                                      | CUSIP: 806851AL5<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |    600000 | PA      | $607768.96    | 0.10%             | 2027-05-29      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31403JRR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     12921 | PA      | $13323.39     | 0.00%             | 2033-10-01      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                       | GS Mortgage Securities Trust 2016-GS2                                           | CUSIP: 36252TAR6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    320000 | PA      | $315844.58    | 0.05%             | 2049-05-10      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                                | Freddie Mac STACR REMIC Trust 2024-DNA3                                         | CUSIP: 35564NEZ2<br>LEI: 529900P3PHNE8PW64Z68 | Long             | ABS-MBS          | USGSE             | US        |    261948 | PA      | $261871.61    | 0.04%             | 2044-10-25      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Compass Datacenters Issuer II, LLC                 | Compass Datacenters Issuer II LLC                                               | CUSIP: 20469CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    307000 | PA      | $311377.94    | 0.05%             | 2050-05-25      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategies                   | Carlyle Global Market Strategies CLO 2015-4 Ltd                                 | CUSIP: 14311NAU8<br>LEI: 549300Q4PPEXLDSOKL32 | Long             | ABS-CBDO         | CORP              | KY        |   2259889 | PA      | $2260541.68   | 0.39%             | 2032-07-20      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| STAR HOLDING LLC                                   | Star Holding LLC 2024 1st Lien Term Loan B                                      | CUSIP: 85512FAC2<br>LEI: 254900BDGPE9N1WAKD59 | Long             | LON              | CORP              | US        |    248747 | PA      | $237008.99    | 0.04%             | 2031-07-31      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31404TAT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11772 | PA      | $11931.54     | 0.00%             | 2034-04-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Adjustable Rate Mortgage Trust                     | Adjustable Rate Mortgage Trust 2004-2                                           | CUSIP: 007036BT2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    205341 | PA      | $204251.73    | 0.03%             | 2035-02-25      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                             | Williams Cos Inc/The                                                            | CUSIP: 96949LAB1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    500000 | PA      | $499236.38    | 0.09%             | 2025-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kenan Advantage Group, Inc.                        | Kenan Advantage Group Inc 2024 Term Loan B4                                     | CUSIP: 48853UBQ2<br>LEI: 549300GVUXCXDWYPIY65 | Long             | LON              | CORP              | US        |    258050 | PA      | $254823.90    | 0.04%             | 2029-01-25      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| Curators of the University of Missouri/The         | CURATORS OF THE UNIV OF MISSOURI MO SYS FACS REVENUE                            | CUSIP: 231266MN4<br>LEI: G0G4PRB87K0V5MXIV248 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1912256.60   | 0.33%             | 2027-11-01      | Fixed         | 2.01%                 | No            |                  2 | On Loan: No      |
| 1011778 BC Unlimited Liability Company             | 1011778 BC Unlimited Liability Company 2024 Term Loan B6                        | CUSIP: 000000000<br>LEI: 549300RHSHNRWI5LLA86 | Long             | LON              | CORP              | CA        |    248744 | PA      | $247836.80    | 0.04%             | 2030-09-20      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| CD&R Hydra Buyer Inc                               | CD&R Hydra Buyer Inc 2024 Term Loan B                                           | CUSIP: 12508KAJ6<br>LEI: 549300HW5C2VGPZCHL57 | Long             | LON              | CORP              | US        |    189998 | PA      | $187424.78    | 0.03%             | 2031-03-25      | Floating      | 8.43%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BUCU2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2855165 | PA      | $2855888.38   | 0.49%             | 2053-12-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust         | JPMBB Commercial Mortgage Securities Trust 2015-C31                             | CUSIP: 46644YAU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    246271 | PA      | $245732.86    | 0.04%             | 2048-08-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| BOOST NEWCO BORROWER LLC                           | Boost Newco Borrower LLC 2025 USD Term Loan B                                   | CUSIP: 92943EAG1<br>LEI: 254900S8RE1OL7TTCU64 | Long             | LON              | CORP              | US        |    249375 | PA      | $250029.61    | 0.04%             | 2031-01-31      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31406RGS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3715 | PA      | $3746.23      | 0.00%             | 2035-09-01      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| NUVEI TECHNOLOGIES CORP                            | Nuvei Technologies Corp 2024 Term Loan B1                                       | CUSIP: 69425BAB3<br>LEI: 254900L3D6CI0XH2P605 | Long             | LON              | CORP              | US        |    244894 | PA      | $245327.50    | 0.04%             | 2031-11-17      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| AAP BUYER INC                                      | AAP Buyer Inc Term Loan B                                                       | CUSIP: 00036FAB0<br>LEI: 254900BOO8W9IR1VYO11 | Long             | LON              | CORP              | US        |    100689 | PA      | $100436.84    | 0.02%             | 2031-09-09      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| PG Investment Company 59 Sa rl                     | PG Investment Company 59 Sa rl Term Loan B                                      | CUSIP: 91728NAB5<br>LEI: 254900XMCCB3IEZ2A005 | Long             | LON              | CORP              | LU        |     82762 | PA      | $83111.59     | 0.01%             | 2031-03-26      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| Worldwide Express Operations, LLC                  | Worldwide Express Operations LLC 2024 Term Loan B                               | CUSIP: 00435UAF5<br>LEI: 254900XFGYPZZSG8I385 | Long             | LON              | CORP              | US        |    268301 | PA      | $268510.90    | 0.05%             | 2028-07-26      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| MCAFEE LLC                                         | McAfee LLC 2024 USD 1st Lien Term Loan B                                        | CUSIP: 57906HAF4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | LON              | CORP              | US        |    249375 | PA      | $241997.74    | 0.04%             | 2029-03-01      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                    | BRAVO Residential Funding Trust 2023-NQM8                                       | CUSIP: 10567MAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    798337 | PA      | $805260.62    | 0.14%             | 2063-10-25      | Variable      | 6.39%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                             | Venture Global LNG Inc                                                          | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    600000 | PA      | $620126.40    | 0.11%             | 2028-06-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137HHSG7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2887505 | PA      | $2882865.60   | 0.49%             | 2054-02-25      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| EQUIPMENTSHARE.COM INC                             | EquipmentShare.com Inc                                                          | CUSIP: 29450YAA7<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1162073.00   | 0.20%             | 2028-05-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| PEER HOLDING III BV                                | Peer Holding III BV 2025 USD Term Loan B5B                                      | CUSIP: 000000000<br>LEI: 7245002S0K5Q59JCVQ03 | Long             | LON              | CORP              | NL        |    178300 | PA      | $179470.01    | 0.03%             | 2031-07-01      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| BEACON MOBILITY CORP                               | Beacon Mobility Corp                                                            | CUSIP: 073644AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $35736.11     | 0.01%             | 2030-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137HLBG6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2904030 | PA      | $2901946.00   | 0.50%             | 2055-05-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                                  | Brown & Brown Inc                                                               | CUSIP: 115236AK7<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    345000 | PA      | $348210.18    | 0.06%             | 2030-06-23      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                           | Santander UK Group Holdings PLC                                                 | CUSIP: 80281LAQ8<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |   1800000 | PA      | $1748436.07   | 0.30%             | 2027-06-14      | Fixed         | 1.67%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Notes                                                             | CUSIP: 91282CLH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4000000 | PA      | $3990468.76   | 0.68%             | 2026-08-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FORTIS 333 INC                                     | Fortis 333 Inc USD Term Loan B                                                  | CUSIP: 34958SAB5<br>LEI: 254900SLITS19RU1VB55 | Long             | LON              | CORP              | US        |     43860 | PA      | $43900.79     | 0.01%             | 2032-03-29      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                            | Goldman Sachs Group Inc/The                                                     | CUSIP: 38143U8H7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1991046.44   | 0.34%             | 2026-02-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| Aspire Bakeries Holdings LLC                       | Aspire Bakeries Holdings LLC Term Loan                                          | CUSIP: 000000000<br>LEI: 549300MWN7R72KAKOD18 | Long             | LON              | CORP              | US        |     87570 | PA      | $88062.77     | 0.02%             | 2030-12-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2020-1 B PTT                            | United Airlines 2020-1 Class B Pass Through Trust                               | CUSIP: 90932VAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     66475 | PA      | $66382.60     | 0.01%             | 2026-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31391FPC6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        55 | PA      | $55.63        | 0.00%             | 2029-08-01      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31401CUM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2494 | PA      | $2521.79      | 0.00%             | 2033-05-01      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| MH Sub I LLC                                       | MH Sub I LLC 2023 Term Loan                                                     | CUSIP: 45567YAN5<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |    146999 | PA      | $137830.07    | 0.02%             | 2028-05-03      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| Discover Card Execution Note Trust                 | Discover Card Execution Note Trust                                              | CUSIP: 254683CZ6<br>LEI: 549300CKCX1QE4RUW216 | Long             | ABS-O            | CORP              | US        |   3620000 | PA      | $3642106.98   | 0.62%             | 2028-06-15      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| BX Trust                                           | BX Commercial Mortgage Trust 2021-VOLT                                          | CUSIP: 05609VAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1889215 | PA      | $1883311.04   | 0.32%             | 2036-09-15      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| RAND PARENT LLC                                    | Rand Parent LLC 2025 Term Loan B                                                | CUSIP: 75223LAD8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    249373 | PA      | $249061.71    | 0.04%             | 2030-03-18      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                   | Fannie Mae Connecticut Avenue Securities                                        | CUSIP: 30711XR63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    298364 | PA      | $307315.81    | 0.05%             | 2030-12-25      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| ASCEND LEARNING LLC                                | Ascend Learning LLC 2025 Repriced Term Loan B                                   | CUSIP: 04349HAN4<br>LEI: 549300T466HKRLVCD610 | Long             | LON              | CORP              | US        |     98320 | PA      | $98422.34     | 0.02%             | 2028-12-11      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| SANCHEZ ENERGY CORP                                | SANCHEZ ENERGY CORP                                                             | CUSIP: 799ESCAH1<br>LEI: 549300SB0HTIM17TVR61 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $12000.00     | 0.00%             | 2021-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                  | Sysco Corp                                                                      | CUSIP: 871829BS5<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1146863.16   | 0.20%             | 2029-01-17      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| BANK OF MONTREAL                                   | Bank of Montreal                                                                | CUSIP: 06368L8K5<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $1002295.32   | 0.17%             | 2027-09-10      | Fixed         | 4.57%                 | No            |                  2 | On Loan: —       |
| Charter Communications Operating, LLC              | Charter Communications Operating LLC 2024 Term Loan B5                          | CUSIP: 16117LCE7<br>LEI: 549300TPZNMN50BJ3745 | Long             | LON              | CORP              | US        |    248750 | PA      | $249416.40    | 0.04%             | 2031-12-15      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137HF7C3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2038650 | PA      | $2032946.98   | 0.35%             | 2054-08-25      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| AEGON FUNDING CO LLC                               | AEGON Funding Co LLC                                                            | CUSIP: 00775VAA2<br>LEI: KEIOKM01PSK5VZ5CCI74 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2125508.62   | 0.36%             | 2027-04-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| RGA GLOBAL FUNDING                                 | RGA Global Funding                                                              | CUSIP: 76209PAE3<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |    500000 | PA      | $515747.54    | 0.09%             | 2029-05-24      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| First Brands Group LLC                             | First Brands Group LLC 2021 Term Loan                                           | CUSIP: 31935HAD9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    153217 | PA      | $145172.68    | 0.02%             | 2027-03-30      | Floating      | 9.54%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                           | JP Morgan Mortgage Trust 2023-HE2                                               | CUSIP: 46657FAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    223415 | PA      | $224324.73    | 0.04%             | 2054-03-20      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                         | Verus Securitization Trust 2023-6                                               | CUSIP: 92539XAA2<br>LEI: 984500915DDB7T2ACA27 | Long             | ABS-MBS          | CORP              | US        |    168798 | PA      | $170728.56    | 0.03%             | 2068-09-25      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC        | BBCMS Mortgage Trust 2025-5C34                                                  | CUSIP: 07337BAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  11516656 | PA      | $571785.85    | 0.10%             | 2058-05-15      | Variable      | 1.40%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE FOOD LLC                              | Golden State Food LLC Term Loan B                                               | CUSIP: 38121NAC7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     67290 | PA      | $67693.56     | 0.01%             | 2031-12-04      | Floating      | 8.56%                 | No            |                  2 | On Loan: No      |
| CONNECT FINCO SARL/CONNE                           | Connect Finco SARL / Connect US Finco LLC                                       | CUSIP: 20752TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    300000 | PA      | $301538.40    | 0.05%             | 2029-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| CNT HOLDINGS I CORP                                | CNT Holdings I Corp 2025 Term Loan                                              | CUSIP: 12656AAF6<br>LEI: 254900SYIEHMSB69WT08 | Long             | LON              | CORP              | US        |     99750 | PA      | $100092.94    | 0.02%             | 2032-11-08      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                    | CSAIL 2015-C3 Commercial Mortgage Trust                                         | CUSIP: 12635FAT1<br>LEI: 549300ZAGI6FKGY8O078 | Long             | ABS-MBS          | CORP              | US        |    424249 | PA      | $422576.76    | 0.07%             | 2048-08-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| Restoration Hardware Inc                           | Restoration Hardware Inc 2022 Incremental Term Loan                             | CUSIP: 76133MAC5<br>LEI: 549300H9H1H3OC7C3H47 | Long             | LON              | CORP              | US        |    248082 | PA      | $242934.13    | 0.04%             | 2028-10-20      | Floating      | 7.68%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                           | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                  | CUSIP: 01883LAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $508302.50    | 0.09%             | 2028-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31406NYV0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     22709 | PA      | $23350.02     | 0.00%             | 2035-02-01      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOB FUNDING                            | Corebridge Global Funding                                                       | CUSIP: 00138CAV0<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1358259.32   | 0.23%             | 2028-09-19      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                           | OBX 2023-NQM10 Trust                                                            | CUSIP: 67449CAA9<br>LEI: 254900O44XNRXAW7W466 | Long             | ABS-MBS          | CORP              | US        |   1469340 | PA      | $1481232.81   | 0.25%             | 2063-10-25      | Variable      | 6.46%                 | No            |                  2 | On Loan: No      |
| PROLOGIS TARGETED US                               | Prologis Targeted US Logistics Fund LP                                          | CUSIP: 74350LAA2<br>LEI: 5493004DTBWUQ9F2VJ87 | Long             | DBT              |  | US        |    500000 | PA      | $513668.14    | 0.09%             | 2029-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                        | Target Corp                                                                     | CUSIP: 87612EBU9<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    735000 | PA      | $739417.74    | 0.13%             | 2028-06-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                   | Fannie Mae Connecticut Avenue Securities                                        | CUSIP: 20754GAA8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    729267 | PA      | $729034.21    | 0.12%             | 2044-02-25      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                    | Sands China Ltd                                                                 | CUSIP: 80007RAN5<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |   1200000 | PA      | $1151304.96   | 0.20%             | 2027-03-08      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                            | GA Global Funding Trust                                                         | CUSIP: 36143L2N4<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |   2150000 | PA      | $2145761.68   | 0.37%             | 2027-09-23      | Fixed         | 4.40%                 | No            |                  2 | On Loan: —       |
| Prime Security Services Borrower, LLC              | Prime Security Services Borrower LLC 2025 Incremental Term Loan B               | CUSIP: 03765VAQ3<br>LEI: 549300O6QPZVWXV2DC15 | Long             | LON              | CORP              | US        |    248750 | PA      | $247156.51    | 0.04%             | 2032-03-07      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| Bausch & Lomb Corporation                          | Bausch & Lomb Corporation Term Loan                                             | CUSIP: 000000000<br>LEI: 549300NY6OZM39SO6475 | Long             | LON              | CORP              | CA        |    236041 | PA      | $236011.09    | 0.04%             | 2027-05-10      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                          | Sunoco LP                                                                       | CUSIP: 86765KAB5<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    700000 | PA      | $728968.10    | 0.12%             | 2029-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31409BFF9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7700 | PA      | $7827.08      | 0.00%             | 2036-03-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| D.R. HORTON INC                                    | DR Horton Inc                                                                   | CUSIP: 23331ABT5<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1513218.12   | 0.26%             | 2030-10-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: —       |
| CoreLogic Inc                                      | CoreLogic Inc Term Loan                                                         | CUSIP: 21870FBA6<br>LEI: 54930086CD8K2UIL0516 | Long             | LON              | CORP              | US        |    248708 | PA      | $245637.97    | 0.04%             | 2028-06-02      | Floating      | 7.94%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31410QDW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       586 | PA      | $599.17       | 0.00%             | 2036-10-01      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| API GROUP DE INC                                   | APi Group DE Inc 2025 Term Loan                                                 | CUSIP: 00186XAN3<br>LEI: 549300XP4G7B4QYA0G83 | Long             | LON              | CORP              | US        |    250000 | PA      | $250400.50    | 0.04%             | 2029-01-03      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31410MHH6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7155 | PA      | $7274.49      | 0.00%             | 2036-04-01      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES/SKYMILES                           | Delta Air Lines Inc / SkyMiles IP Ltd                                           | CUSIP: 830867AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    884496 | PA      | $882355.54    | 0.15%             | 2025-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust              | Wells Fargo Commercial Mortgage Trust 2015-C31                                  | CUSIP: 94989WAS6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    380000 | PA      | $378431.78    | 0.06%             | 2048-11-15      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31385XUT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        10 | PA      | $10.20        | 0.00%             | 2033-11-01      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31403U5E7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     28840 | PA      | $29489.37     | 0.01%             | 2033-12-01      | Floating      | 6.36%                 | No            |                  2 | On Loan: No      |
| TD Prime Services LLC                              | TD Prime Services LLC                                                           | CUSIP: 000000000<br>LEI: 549300ZBQI1JB1844X09 | Long             | RA               | CORP              | US        |   9500000 | PA      | $9500000.00   | 1.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner Trust                 | Honda Auto Receivables 2023-4 Owner Trust                                       | CUSIP: 438123AC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2250000 | PA      | $2273996.25   | 0.39%             | 2028-06-21      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31410GJV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       719 | PA      | $722.89       | 0.00%             | 2033-09-01      | Floating      | 6.72%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 3138EM2Z3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    421906 | PA      | $432972.75    | 0.07%             | 2035-11-01      | Floating      | 6.71%                 | No            |                  2 | On Loan: No      |
| MINIMAX VIKING GMBH                                | Minimax Viking GmbH 2025 USD Term Loan B                                        | CUSIP: 55404TAF9<br>LEI: 549300RKTIVJWNROR778 | Long             | LON              | CORP              | US        |     22671 | PA      | $22798.75     | 0.00%             | 2032-03-17      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Citadel Securities LP                              | Citadel Securities LP 2024 First Lien Term Loan                                 | CUSIP: 17288YAN2<br>LEI: 549300NV5RXBUS3X7L47 | Long             | LON              | CORP              | US        |    374615 | PA      | $376078.15    | 0.06%             | 2031-10-31      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Corpay Technologies Operating Company LLC          | Corpay Technologies Operating Company LLC Term Loan B5                          | CUSIP: 33903RAZ2<br>LEI: 549300FKKKZCXLK48427 | Long             | LON              | CORP              | US        |     31755 | PA      | $31798.28     | 0.01%             | 2028-04-28      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| Zekelman Industries Inc                            | Zekelman Industries Inc 2024 Term Loan B                                        | CUSIP: 98931YAD5<br>LEI: 549300S5LMRAKDWWI425 | Long             | LON              | CORP              | US        |    237000 | PA      | $237740.63    | 0.04%             | 2031-01-24      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BTGC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3023646 | PA      | $2997364.64   | 0.51%             | 2054-11-25      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Dave & Buster's Inc                                | Dave & Buster's Inc 2024 Term Loan B                                            | CUSIP: 23833EAX2<br>LEI: 549300JAVWTAY1FT5Z45 | Long             | LON              | CORP              | US        |    250000 | PA      | $243177.00    | 0.04%             | 2029-06-29      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BSFC4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1686200 | PA      | $1689081.22   | 0.29%             | 2054-01-25      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Primary Products Finance LLC                       | Primary Products Finance LLC 2024 1st Lien Term Loan B                          | CUSIP: 000000000<br>LEI: 549300D4W5WVUVR3LC81 | Long             | LON              | CORP              | US        |    246532 | PA      | $245633.79    | 0.04%             | 2029-04-01      | Floating      | 7.54%                 | No            |                  2 | On Loan: No      |
| SMBC AVIATION CAPITAL FI                           | SMBC Aviation Capital Finance DAC                                               | CUSIP: 78448TAN2<br>LEI: 549300OD7VKRVNWB2J98 | Long             | DBT              | CORP              | IE        |   2100000 | PA      | $2130393.97   | 0.36%             | 2030-04-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: —       |
| BANQUE OUEST AFRICAINE D                           | Banque Ouest Africaine de Developpement                                         | CUSIP: 06675QAB9<br>LEI: 529900LIZJABE4JJS826 | Long             | DBT              | NUSS              | XX        |   1300000 | PA      | $1274678.96   | 0.22%             | 2027-07-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITAL HOLDIN                           | Jefferson Capital Holdings LLC                                                  | CUSIP: 472481AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $527774.50    | 0.09%             | 2029-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132D6CT5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2699174 | PA      | $2573422.70   | 0.44%             | 2037-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EPIC CRUDE SERVICES LP                             | Epic Crude Services LP 2024 Term Loan B                                         | CUSIP: 29428XAG5<br>LEI: 549300FRS682IQ7J9S42 | Long             | LON              | CORP              | US        |    149159 | PA      | $149842.48    | 0.03%             | 2031-10-15      | Floating      | 7.26%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                                      | DTE Energy Co                                                                   | CUSIP: 233331BM8<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    800000 | PA      | $809159.08    | 0.14%             | 2027-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31384VJ60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       178 | PA      | $178.54       | 0.00%             | 2028-07-01      | Floating      | 7.34%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                   | COLT 2022-4 Mortgage Loan Trust                                                 | CUSIP: 19685GAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    756060 | PA      | $753446.46    | 0.13%             | 2067-03-25      | Variable      | 4.30%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE LLC                               | Bayer US Finance LLC                                                            | CUSIP: 07274EAJ2<br>LEI: 54930093Q75GSEM74I71 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2625178.08   | 0.45%             | 2029-01-21      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| KNIFE RIVER HOLDCO                                 | Knife River HoldCo Term Loan                                                    | CUSIP: 49889LAD8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     19052 | PA      | $19123.70     | 0.00%             | 2032-03-08      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| The Bank Of Nova Scotia, Toronto                   | The Bank Of Nova Scotia, Toronto                                                | CUSIP: 000000000<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | RA               | CORP              | US        |   3000000 | PA      | $3000000.00   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                              | Caesars Entertainment Inc                                                       | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1145442.02   | 0.20%             | 2029-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: —       |
| CSAIL Commercial Mortgage Trust                    | Csail 2015-C2 Commercial Mortgage Trust                                         | CUSIP: 12634NAX6<br>LEI: 549300D5DIOOMKWXVZ20 | Long             | ABS-MBS          | CORP              | US        |    303635 | PA      | $298931.40    | 0.05%             | 2057-06-15      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| BX Trust                                           | BX 2021-LBA3 Mortgage Trust                                                     | CUSIP: 05609PAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2643000 | PA      | $2637218.44   | 0.45%             | 2036-10-15      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Notes                                                             | CUSIP: 91282CJR3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13300000 | PA      | $13311949.25  | 2.27%             | 2028-12-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                | Dominion Energy Inc                                                             | CUSIP: 25746UDJ5<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1952079.96   | 0.33%             | 2026-04-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: —       |
| AI AQUA MERGER SUB INC                             | AI Aqua Merger Sub Inc 2024 1st Lien Term Loan B                                | CUSIP: 00132UAP9<br>LEI: 5493005QMH1D47U26R45 | Long             | LON              | CORP              | US        |    453534 | PA      | $453371.83    | 0.08%             | 2028-07-31      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                | American Express Co                                                             | CUSIP: 025816DT3<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2422216.90   | 0.41%             | 2027-04-23      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31417JYK0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       924 | PA      | $944.89       | 0.00%             | 2039-09-01      | Floating      | 7.39%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31390HWR2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5468 | PA      | $5485.43      | 0.00%             | 2032-06-01      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| LHOME Mortgage Trust                               | Lhome Mortgage Trust 2025-Rtl2                                                  | CUSIP: 50206RAA5<br>LEI: 529900COAFD3IY51O355 | Long             | ABS-MBS          | CORP              | US        |    185000 | PA      | $185769.69    | 0.03%             | 2040-04-25      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                             | VICI Properties LP / VICI Note Co Inc                                           | CUSIP: 92564RAD7<br>LEI: N/A                  | Long             | DBT              |  | US        |   1500000 | PA      | $1477009.74   | 0.25%             | 2027-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC                              | Directv Financing LLC / Directv Financing Co-Obligor Inc                        | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $598041.74    | 0.10%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| CITIBANK NA                                        | Citibank NA                                                                     | CUSIP: 17325FBN7<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   3800000 | PA      | $3820870.17   | 0.65%             | 2027-05-29      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| PVH CORP                                           | PVH Corp                                                                        | CUSIP: 693656AE0<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | DBT              | CORP              | US        |    900000 | PA      | $906442.97    | 0.15%             | 2030-06-13      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                           | OBX 2024-NQM1 Trust                                                             | CUSIP: 67448LAA0<br>LEI: 254900UI1468MQ7I8472 | Long             | ABS-MBS          | CORP              | US        |    585126 | PA      | $587154.87    | 0.10%             | 2063-11-25      | Variable      | 5.93%                 | No            |                  2 | On Loan: No      |
| MARS INC                                           | Mars Inc                                                                        | CUSIP: 571676AY1<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   2585000 | PA      | $2619121.82   | 0.45%             | 2030-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: —       |
| Asurion LLC                                        | Asurion LLC 2021 Second Lien Term Loan B4                                       | CUSIP: 04649VBA7<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    144707 | PA      | $134758.68    | 0.02%             | 2029-01-20      | Floating      | 9.69%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO                                    | DTE Electric Co                                                                 | CUSIP: 23338VAW6<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |    295000 | PA      | $295406.76    | 0.05%             | 2027-05-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31400PFV2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     21328 | PA      | $21651.29     | 0.00%             | 2033-02-01      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| ILLUMINATE BUYER LLC                               | Illuminate Buyer LLC 2024 1st Lien Term Loan B                                  | CUSIP: 45232UAG3<br>LEI: 549300K1Y0YC1YC1H809 | Long             | LON              | CORP              | US        |     59322 | PA      | $59574.03     | 0.01%             | 2029-12-31      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Inflation-Indexed Notes                                           | CUSIP: 91282CCA7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8684081 | PA      | $8587566.12   | 1.47%             | 2026-04-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31385JPH5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1740 | PA      | $1772.69      | 0.00%             | 2032-08-01      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31408DCA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1954 | PA      | $1983.71      | 0.00%             | 2035-11-01      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| TOLL BROS FINANCE CORP                             | Toll Brothers Finance Corp                                                      | CUSIP: 88947EAT7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1492006.58   | 0.25%             | 2028-02-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: —       |
| ARDAGH PKG FIN/HLDGS USA                           | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                          | CUSIP: 03969AAR1<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   1100000 | PA      | $490523.00    | 0.08%             | 2027-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Cimpress Public Limited Company                    | Cimpress Public Limited Company 2024 Term Loan B                                | CUSIP: 000000000<br>LEI: 549300X1IFD75XISOR81 | Long             | LON              | CORP              | IE        |    149248 | PA      | $149124.24    | 0.03%             | 2028-05-17      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BSSC0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3400780 | PA      | $3407320.01   | 0.58%             | 2054-08-25      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| BANIJAY ENTERTAINMENT SAS                          | Banijay Entertainment SAS 2025 USD Term Loan B3                                 | CUSIP: 000000000<br>LEI: 5493008PW5N0VVCH7279 | Long             | LON              | CORP              | US        |     44208 | PA      | $44364.97     | 0.01%             | 2028-03-01      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| WHATABRANDS LLC                                    | Whatabrands LLC 2024 1st Lien Term Loan B                                       | CUSIP: 96244UAJ6<br>LEI: 254900HMMX4HTWIP0085 | Long             | LON              | CORP              | US        |     56446 | PA      | $56520.27     | 0.01%             | 2028-08-03      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| ConnectWise LLC                                    | ConnectWise LLC 2021 Term Loan B                                                | CUSIP: 20786NAC1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     89977 | PA      | $90539.04     | 0.02%             | 2028-09-29      | Floating      | 8.06%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31402FRU1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       314 | PA      | $316.18       | 0.00%             | 2028-06-01      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| Peru Government International Bonds                | Peru Government International Bonds                                             | CUSIP: 715638DF6<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    600000 | PA      | $536940.00    | 0.09%             | 2031-01-23      | Fixed         | 2.78%                 | No            |                  2 | On Loan: —       |
| The Bank Of Nova Scotia, Toronto                   | The Bank Of Nova Scotia, Toronto                                                | CUSIP: 000000000<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | RA               | CORP              | US        |  10850000 | PA      | $10850000.00  | 1.85%             |  |  |  | No            |                  2 | On Loan: No      |
| HOMES Trust                                        | HOMES 2024-NQM1 Trust                                                           | CUSIP: 40390TAA8<br>LEI: 2549001JI3VOZZFMYK81 | Long             | ABS-MBS          | CORP              | US        |    397089 | PA      | $399442.83    | 0.07%             | 2069-07-25      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| Great Canadian Gaming Corporation                  | Great Canadian Gaming Corporation 2024 Term Loan B                              | CUSIP: 000000000<br>LEI: 549300FU60SSFLTE0M84 | Long             | LON              | CORP              | CA        |    150000 | PA      | $146812.50    | 0.03%             | 2029-11-01      | Floating      | 9.07%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                       | GS Mortgage Securities Trust 2020-GC45                                          | CUSIP: 36258YBJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  26945434 | PA      | $609268.59    | 0.10%             | 2053-02-13      | Variable      | 0.73%                 | No            |                  2 | On Loan: No      |
| Veritiv Corporation                                | Veritiv Corporation Term Loan B                                                 | CUSIP: 92338TAB2<br>LEI: 5493004G8OK5L1UTIY12 | Long             | LON              | CORP              | US        |    241676 | PA      | $242884.59    | 0.04%             | 2030-11-30      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Residential Mortgage Loan Trust     | Morgan Stanley Residential Mortgage Loan Trust 2024-NQM1                        | CUSIP: 61775UAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    988843 | PA      | $996066.52    | 0.17%             | 2068-12-25      | Variable      | 6.15%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust | GM Financial Consumer Automobile Receivables Trust 2023-4                       | CUSIP: 379930AD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2590000 | PA      | $2619905.44   | 0.45%             | 2028-08-16      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31403DHV4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     10738 | PA      | $10918.44     | 0.00%             | 2036-01-01      | Floating      | 6.72%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                           | Madison Park Funding XXIV Ltd                                                   | CUSIP: 55820NAW1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    868788 | PA      | $868949.37    | 0.15%             | 2029-10-20      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                              | Truist Financial Corp                                                           | CUSIP: 89788MAR3<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2059945.08   | 0.35%             | 2030-01-24      | Fixed         | 5.43%                 | No            |                  2 | On Loan: —       |
| Dryden Senior Loan Fund                            | Dryden 68 CLO Ltd                                                               | CUSIP: 26252QAS1<br>LEI: 254900MX6QAMC9XBAB53 | Long             | ABS-CBDO         | CORP              | KY        |   2250000 | PA      | $2252232.00   | 0.38%             | 2035-07-15      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                         | Fiserv Inc                                                                      | CUSIP: 337738BB3<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $962865.56    | 0.16%             | 2027-06-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: —       |
| Buckhorn Park CLO, Ltd.                            | Buckhorn Park CLO Ltd                                                           | CUSIP: 118382BA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    900000 | PA      | $898527.60    | 0.15%             | 2034-07-18      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| ESAB CORP                                          | Esab Corp                                                                       | CUSIP: 29605JAA4<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204772.20    | 0.03%             | 2029-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                             | Pacific Gas and Electric Co                                                     | CUSIP: 694308JM0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1561636.64   | 0.27%             | 2030-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31402JVC8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     30039 | PA      | $30699.46     | 0.01%             | 2033-08-01      | Floating      | 7.28%                 | No            |                  2 | On Loan: No      |
| Compass Datacenters Issuer II, LLC                 | Compass Datacenters Issuer II LLC                                               | CUSIP: 20469AAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    286000 | PA      | $286314.11    | 0.05%             | 2049-08-25      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| MOTOROLA SOLUTIONS INC                             | Motorola Solutions Inc                                                          | CUSIP: 620076CA5<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |   1015000 | PA      | $1025935.72   | 0.18%             | 2030-08-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: —       |
| Chase Issuance Trust                               | Chase Issuance Trust                                                            | CUSIP: 161571HS6<br>LEI: 5493008SHVCX2Y068L12 | Long             | ABS-O            | CORP              | US        |   2047000 | PA      | $2044822.40   | 0.35%             | 2027-09-15      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| National Bank Of Canada                            | National Bank Of Canada                                                         | CUSIP: 000000000<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | RA               | CORP              | US        |  13000000 | PA      | $13000000.00  | 2.22%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust         | JPMBB Commercial Mortgage Securities Trust 2016-C1                              | CUSIP: 46645LAY3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1043000 | PA      | $1034346.54   | 0.18%             | 2049-03-17      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| BANK OF NEW YORK MELLON                            | Bank of New York Mellon/The                                                     | CUSIP: 06405LAH4<br>LEI: HPFHU0OQ28E4N0NFVK49 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1064833.88   | 0.18%             | 2029-04-20      | Fixed         | 4.73%                 | No            |                  2 | On Loan: —       |
| Imprivata Inc                                      | Imprivata Inc 2024 Term Loan                                                    | CUSIP: 45323KAE0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     57303 | PA      | $57601.80     | 0.01%             | 2027-12-01      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31410GGV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2660 | PA      | $2728.68      | 0.00%             | 2037-08-01      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| K2016470219 SA LTD                                 | K2016470219 South Africa Ltd                                                    | CUSIP: 000000000<br>LEI: 378900DECAC8CFA88345 | Long             | DBT              | CORP              | ZA        |    712186 | PA      | $0.01         | 0.00%             | 2022-12-31      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BTWY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2859958 | PA      | $2870504.22   | 0.49%             | 2053-10-25      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31407UMR5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    489190 | PA      | $508433.39    | 0.09%             | 2034-11-01      | Floating      | 7.04%                 | No            |                  2 | On Loan: No      |
| INEOS Quattro Holdings UK Ltd                      | INEOS Quattro Holdings UK Ltd 2023 USD 1st Lien Term Loan B                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    339492 | PA      | $314030.16    | 0.05%             | 2029-04-02      | Floating      | 8.68%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                            | Hyundai Capital America                                                         | CUSIP: 44891ADP9<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    850000 | PA      | $853573.02    | 0.15%             | 2027-03-25      | Fixed         | 4.85%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31403DHP7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       813 | PA      | $841.58       | 0.00%             | 2036-04-01      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                           | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175AY0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    692000 | PA      | $691949.29    | 0.12%             | 2025-07-23      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| Wind River CLO Ltd                                 | THL Credit Wind River 2019-3 Clo Ltd                                            | CUSIP: 97314JAJ4<br>LEI: 549300QKM4OHZM4I5C40 | Long             | ABS-CBDO         | CORP              | KY        |    562295 | PA      | $562379.05    | 0.10%             | 2031-04-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| EATON CAPITAL ULC                                  | Eaton Capital ULC                                                               | CUSIP: 27806HAA9<br>LEI: 549300OLS85LSODKAF64 | Long             | DBT              | CORP              | IE        |   1020000 | PA      | $1024778.49   | 0.17%             | 2030-05-09      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Notes                                                             | CUSIP: 9128284V9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6000000 | PA      | $5852343.72   | 1.00%             | 2028-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                   | Fannie Mae Connecticut Avenue Securities                                        | CUSIP: 20755CAA6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2251502 | PA      | $2258477.13   | 0.39%             | 2043-10-25      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                              | Athene Global Funding                                                           | CUSIP: 04685A3T6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2033236.84   | 0.35%             | 2027-03-25      | Fixed         | 5.52%                 | No            |                  2 | On Loan: —       |
| Empire State Development Corp                      | NEW YORK ST URBAN DEV CORP SALES TAX REVENUE                                    | CUSIP: 64985TDQ1<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1277034.85   | 0.22%             | 2026-03-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                         | Verus Securitization Trust 2024-3                                               | CUSIP: 92540MAA3<br>LEI: 2138005NRONUFED1TZ38 | Long             | ABS-MBS          | CORP              | US        |    682833 | PA      | $690285.74    | 0.12%             | 2069-04-25      | Variable      | 6.34%                 | No            |                  2 | On Loan: No      |
| TD Prime Services LLC                              | TD Prime Services LLC                                                           | CUSIP: 000000000<br>LEI: 549300ZBQI1JB1844X09 | Long             | RA               | CORP              | US        |   3000000 | PA      | $3000000.00   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                             | Santander Holdings USA Inc                                                      | CUSIP: 80282KBN5<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2745299.84   | 0.47%             | 2029-03-20      | Fixed         | 5.47%                 | No            |                  2 | On Loan: —       |
| WELLS FARGO & COMPANY                              | Wells Fargo & Co                                                                | CUSIP: 94974BFY1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2988012.12   | 0.51%             | 2026-06-03      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| HCA INC                                            | HCA Inc                                                                         | CUSIP: 404119CP2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2656367.17   | 0.45%             | 2028-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: —       |
| Chicago Board of Trade                             | US 2YR NOTE (CBT) SEP25                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       556 | NC      | $438012.35    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                     | Morgan Stanley                                                                  | CUSIP: 61747YER2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2494834.73   | 0.43%             | 2028-04-20      | Fixed         | 4.21%                 | No            |                  2 | On Loan: —       |
| Towd Point Mortgage Trust                          | Towd Point Mortgage Trust 2018-3                                                | CUSIP: 89175MAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1362463 | PA      | $1335275.46   | 0.23%             | 2058-05-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                           | Hess Midstream Operations LP                                                    | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $152235.90    | 0.03%             | 2028-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Bank of America Credit Card Trust                  | BA Credit Card Trust                                                            | CUSIP: 05522RDH8<br>LEI: 5493006DQ60M1CRKHH19 | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2021155.80   | 0.34%             | 2028-11-15      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| KODIAK BUILDING PARTNERS INC                       | Kodiak Building Partners Inc 2024 Term Loan B                                   | CUSIP: 50011JAF7<br>LEI: 549300Y1Q6ZUH0EXO182 | Long             | LON              | CORP              | US        |    249375 | PA      | $240335.16    | 0.04%             | 2031-12-04      | Floating      | 8.04%                 | No            |                  2 | On Loan: No      |
| STUDIO CITY FINANCE LTD                            | Studio City Finance Ltd                                                         | CUSIP: 86389QAE2<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |    464000 | PA      | $463892.49    | 0.08%             | 2025-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                   | Paramount Global                                                                | CUSIP: 925524AH3<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1661838.47   | 0.28%             | 2030-07-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| COMM Mortgage Trust                                | COMM 2015-LC19 Mortgage Trust                                                   | CUSIP: 200474BH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    442000 | PA      | $426557.71    | 0.07%             | 2048-02-10      | Variable      | 4.24%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31402GTP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8893 | PA      | $8982.74      | 0.00%             | 2033-07-01      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner Trust                 | Honda Auto Receivables 2023-3 Owner Trust                                       | CUSIP: 43815QAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2569891 | PA      | $2586408.44   | 0.44%             | 2028-02-18      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                           | J.P. Morgan Mortgage Trust 2021-15                                              | CUSIP: 46654TAF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    630875 | PA      | $560444.80    | 0.10%             | 2052-06-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                        | BNP Paribas SA                                                                  | CUSIP: 09659W3C6<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   1540000 | PA      | $1547863.70   | 0.26%             | 2029-05-09      | Fixed         | 4.79%                 | No            |                  2 | On Loan: —       |
| Morgan Stanley BAML Trust                          | Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32                     | CUSIP: 61691GAV2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    602000 | PA      | $591541.45    | 0.10%             | 2049-12-15      | Variable      | 3.99%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                           | Capital One Financial Corp                                                      | CUSIP: 14040HBW4<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2467007.53   | 0.42%             | 2028-01-31      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| GREAT OUTDOORS GROUP LLC                           | Great Outdoors Group LLC 2025 Term Loan B                                       | CUSIP: 07014QAP6<br>LEI: 549300IYLDI2E8I2AU46 | Long             | LON              | CORP              | US        |    209563 | PA      | $208986.84    | 0.04%             | 2032-01-23      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                           | Vistra Operations Co LLC                                                        | CUSIP: 92840VAH5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1169529.96   | 0.20%             | 2029-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| Golden State Tobacco Securitization Corp           | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                     | CUSIP: 38122ND82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1205667.85   | 0.21%             | 2050-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31402CQD7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     14333 | PA      | $14640.26     | 0.00%             | 2033-07-01      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| Citibank NA                                        | CORPORATE--1F79BD-20270620                                                      | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DCR              |  | US        |    685000 | OU      | $4657.40      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                       | UBS Group AG                                                                    | CUSIP: 902613BB3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   1200000 | PA      | $1200216.17   | 0.20%             | 2026-04-17      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31409UWM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     18361 | PA      | $18846.32     | 0.00%             | 2035-11-01      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                           | USD-SOFR-OIS Compound---20350226                                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   2300000 | OU      | $-60838.02    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                                | SOUND POINT CLO XXII LTD                                                        | CUSIP: 83611KAW2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1153950 | PA      | $1152099.34   | 0.20%             | 2032-01-20      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Toorak Mortgage Corp.                              | Toorak Mortgage Trust 2025-RRTL1                                                | CUSIP: 89053JAB3<br>LEI: 25490023B58UP9CM5N96 | Long             | ABS-MBS          | CORP              | US        |    270000 | PA      | $270031.89    | 0.05%             | 2040-02-25      | Variable      | 5.52%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                   | Fannie Mae Connecticut Avenue Securities                                        | CUSIP: 30711XBB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    462860 | PA      | $463284.32    | 0.08%             | 2025-07-25      | Floating      | 9.42%                 | No            |                  2 | On Loan: No      |
| KOREA ELECTRIC POWER CO                            | Korea Electric Power Corp                                                       | CUSIP: 500631AX4<br>LEI: 988400QG33WS7JEIV602 | Long             | DBT              | NUSS              | KR        |    800000 | PA      | $806075.35    | 0.14%             | 2026-04-06      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31402Q5X5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7629 | PA      | $7680.66      | 0.00%             | 2035-03-01      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| WAND NEWCO 3 INC                                   | Wand NewCo 3 Inc 2025 Repriced Term Loan B                                      | CUSIP: 93369PAM6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | LON              | CORP              | US        |    246372 | PA      | $245370.95    | 0.04%             | 2031-01-30      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| RAAC Series                                        | RAAC Series 2004-SP1 Trust                                                      | CUSIP: 7609855V9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     36780 | PA      | $36618.17     | 0.01%             | 2034-03-25      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL INDU                           | Teva Pharmaceutical Finance Netherlands III BV                                  | CUSIP: 88167AAP6<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    303000 | PA      | $302469.69    | 0.05%             | 2027-05-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| AS Mileage Plan IP Limited                         | AS Mileage Plan IP Limited Term Loan B                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | KY        |    136262 | PA      | $137156.61    | 0.02%             | 2031-10-15      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31401XUT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     20422 | PA      | $20623.46     | 0.00%             | 2033-07-01      | Floating      | 7.47%                 | No            |                  2 | On Loan: No      |
| MILEAGE PLUS HLDINGS LLC                           | Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd       | CUSIP: 599191AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    760000 | PA      | $760997.12    | 0.13%             | 2027-06-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31391LWG6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     23339 | PA      | $23684.80     | 0.00%             | 2032-08-01      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANK NA                                | Fifth Third Bank NA                                                             | CUSIP: 31677QBU2<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |    865000 | PA      | $871333.32    | 0.15%             | 2028-01-28      | Fixed         | 4.97%                 | No            |                  2 | On Loan: —       |
| CPM Holdings Inc                                   | CPM Holdings Inc 2023 Term Loan                                                 | CUSIP: 12620BAR1<br>LEI: 549300FBUISJCXV8IB65 | Long             | LON              | CORP              | US        |    236992 | PA      | $232450.05    | 0.04%             | 2028-09-28      | Floating      | 8.82%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31412ECR5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    129066 | PA      | $132777.33    | 0.02%             | 2035-11-01      | Floating      | 7.10%                 | No            |                  2 | On Loan: No      |
| Skopima Merger Sub Inc                             | Skopima Merger Sub Inc 2024 Repriced Term Loan                                  | CUSIP: 36171NAG1<br>LEI: 254900K3R60UMIODZD21 | Long             | LON              | CORP              | US        |    248125 | PA      | $245256.18    | 0.04%             | 2028-05-12      | Floating      | 8.08%                 | No            |                  2 | On Loan: No      |
| HALEON US CAPITAL LLC                              | Haleon US Capital LLC                                                           | CUSIP: 36264FAK7<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |   3400000 | PA      | $3350297.13   | 0.57%             | 2027-03-24      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Calpine Corporation                                | Calpine Corporation 2024 Term Loan B10                                          | CUSIP: 13134MBW2<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | LON              | CORP              | US        |    149624 | PA      | $149768.00    | 0.03%             | 2031-01-31      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment Inc                          | Caesars Entertainment Inc Term Loan B                                           | CUSIP: 12768EAG1<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |     86280 | PA      | $86347.07     | 0.01%             | 2030-02-06      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31384V7B2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        42 | PA      | $41.56        | 0.00%             | 2030-03-01      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31406WWR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     75487 | PA      | $77343.26     | 0.01%             | 2035-04-01      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                        | FIGRE Trust 2025-HE4                                                            | CUSIP: 31684PAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    464000 | PA      | $463994.01    | 0.08%             | 2055-07-25      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| SK HYNIX INC                                       | SK Hynix Inc                                                                    | CUSIP: 78392BAB3<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |   3400000 | PA      | $3344734.53   | 0.57%             | 2026-01-19      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CREATIVE ARTISTS AGENCY LLC                        | Creative Artists Agency LLC 2024 1st Lien Term Loan B                           | CUSIP: 22526WAS7<br>LEI: 5493008FV5TCFL3KHH96 | Long             | LON              | CORP              | US        |    248750 | PA      | $249713.90    | 0.04%             | 2031-10-01      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                | Elevance Health Inc                                                             | CUSIP: 036752AR4<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2936639.04   | 0.50%             | 2026-03-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: —       |
| Towd Point Mortgage Trust                          | Towd Point Mortgage Trust 2019-1                                                | CUSIP: 89177BAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    272805 | PA      | $265390.21    | 0.05%             | 2058-03-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Cushman & Wakefield U.S. Borrower, LLC             | Cushman & Wakefield US Borrower LLC 2024 Tranche 2 Incremental Term Loan        | CUSIP: 23340DAU6<br>LEI: 549300870CMN3WI5IF97 | Long             | LON              | CORP              | US        |    227400 | PA      | $228821.25    | 0.04%             | 2030-01-31      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                            | Hyundai Capital America                                                         | CUSIP: 44891ACT2<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1413018.82   | 0.24%             | 2027-01-08      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Notes                                                             | CUSIP: 91282CCW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  23000000 | PA      | $22167148.38  | 3.78%             | 2026-08-31      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Froneri Lux Finco Sarl                             | Froneri Lux Finco Sarl 2024 USD Term Loan B4                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    232993 | PA      | $230787.66    | 0.04%             | 2031-09-30      | Floating      | 6.24%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                                   | GGAM Finance Ltd                                                                | CUSIP: 36170JAA4<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |    300000 | PA      | $317315.70    | 0.05%             | 2028-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                            | MPT Operating Partnership LP / MPT Finance Corp                                 | CUSIP: 55342UAH7<br>LEI: N/A                  | Long             | DBT              |  | US        |   1000000 | PA      | $923688.00    | 0.16%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| PSMC Trust                                         | PSMC 2021-3 Trust                                                               | CUSIP: 69376DAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2316658 | PA      | $2074260.73   | 0.35%             | 2051-08-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                   | Connecticut Avenue Securities Trust 2024-R05                                    | CUSIP: 20754XAB9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    548471 | PA      | $547960.80    | 0.09%             | 2044-07-25      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| DIAGEO INVESTMENT CORP                             | Diageo Investment Corp                                                          | CUSIP: 25245BAC1<br>LEI: S4G8DPIPDVCF6CB81Z61 | Long             | DBT              | CORP              | US        |    660000 | PA      | $679968.86    | 0.12%             | 2030-08-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Firstkey Homes Trust                               | FirstKey Homes 2020-SFR2 Trust                                                  | CUSIP: 33767JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1251199 | PA      | $1235351.29   | 0.21%             | 2037-10-19      | Fixed         | 1.27%                 | No            |                  2 | On Loan: No      |
| K2016470219 (SOUTH AFRICA) LTD                     | K2016470219 (SOUTH AFRICA) LTD                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    817800 | NS      | $0.82         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Bluemountain CLO Ltd                               | BlueMountain CLO 2016-3 Ltd                                                     | CUSIP: 09628VAW4<br>LEI: 549300EYIDIF4X8MHI21 | Long             | ABS-CBDO         | CORP              | KY        |   1862947 | PA      | $1862738.32   | 0.32%             | 2030-11-15      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank Securities Inc.                      | Deutsche Bank Securities Inc.                                                   | CUSIP: 000000000<br>LEI: 9J6MBOOO7BECTDTUZW19 | Long             | RA               | CORP              | US        |    554969 | PA      | $554968.81    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                                    | Nordea Bank Abp                                                                 | CUSIP: 65558RAC3<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |   1200000 | PA      | $1200554.18   | 0.20%             | 2025-09-22      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| US Anesthesia Partners Inc                         | US Anesthesia Partners Inc 2021 Term Loan                                       | CUSIP: 90350HAL3<br>LEI: 549300J001GMNRO7SQ51 | Long             | LON              | CORP              | US        |    246164 | PA      | $243504.11    | 0.04%             | 2028-10-01      | Floating      | 8.69%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                    | BRAVO Residential Funding Trust 2023-NQM6                                       | CUSIP: 10569DAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    304328 | PA      | $306973.32    | 0.05%             | 2063-09-25      | Variable      | 6.60%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                          | ONEOK Inc                                                                       | CUSIP: 682680CL5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1102055.00   | 0.19%             | 2026-07-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: —       |
| Intercontinental Exchange, Inc.                    | CCPCDX--2I65BRAB2-20290620                                                      | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |   1470000 | OU      | $112873.95    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Babson CLO Ltd                                     | Barings CLO Ltd 2018-IV                                                         | CUSIP: 06760XAL8<br>LEI: 549300JWUNSCHZHF6H67 | Long             | ABS-CBDO         | CORP              | KY        |   2807191 | PA      | $2808367.68   | 0.48%             | 2030-10-15      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                          | IQVIA Inc                                                                       | CUSIP: 46266TAF5<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1045151.00   | 0.18%             | 2029-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                   | COLT 2024-INV1 Mortgage Loan Trust                                              | CUSIP: 12672RAA0<br>LEI: 213800D3JCL6LSBI3544 | Long             | ABS-MBS          | CORP              | US        |    473665 | PA      | $476161.40    | 0.08%             | 2068-12-25      | Variable      | 5.90%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                    | CSAIL 2020-C19 Commercial Mortgage Trust                                        | CUSIP: 12597NAU7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  14380316 | PA      | $548414.92    | 0.09%             | 2053-03-15      | Variable      | 1.21%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                    | CCPCDX--2I65BRAB2-20290620                                                      | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |    730000 | OU      | $56053.05     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31402RRV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       657 | PA      | $667.82       | 0.00%             | 2034-08-01      | Floating      | 6.28%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                           | Lloyds Banking Group PLC                                                        | CUSIP: 53944YAS2<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   2700000 | PA      | $2667035.48   | 0.46%             | 2028-03-18      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| KEDRION SPA                                        | Kedrion SpA                                                                     | CUSIP: 49272YAB9<br>LEI: 81560047FA58E1BEDF67 | Long             | DBT              | CORP              | IT        |    200000 | PA      | $191407.37    | 0.03%             | 2029-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PETRONAS CAPITAL LTD                               | Petronas Capital Ltd                                                            | CUSIP: 716743AV1<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |   1455000 | PA      | $1483922.98   | 0.25%             | 2031-01-03      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                 | Credit Agricole SA                                                              | CUSIP: 22535WAR8<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   2100000 | PA      | $2139159.67   | 0.37%             | 2031-05-27      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                              | Wells Fargo & Co                                                                | CUSIP: 95000U3G6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    900000 | PA      | $951198.97    | 0.16%             | 2029-10-23      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| FIRST STUDENT BIDCO INC                            | First Student Bidco Inc 2024 Term Loan C                                        | CUSIP: 33718FAM2<br>LEI: 2549006DRO2F06AA1391 | Long             | LON              | CORP              | US        |     58185 | PA      | $58282.42     | 0.01%             | 2028-07-21      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Residential Mortgage Loan Trust     | Morgan Stanley Residential Mortgage Loan Trust 2024-4                           | CUSIP: 61777BBQ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    870656 | PA      | $873354.62    | 0.15%             | 2054-09-25      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                    | CDX.NA.HY.43 5.00% 20291220                                                     | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | GB        |   1000000 | OU      | $73338.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31390K5Z7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5996 | PA      | $6067.83      | 0.00%             | 2032-11-01      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| Petco Health and Wellness Company Inc              | Petco Health and Wellness Company Inc 2021 Term Loan B                          | CUSIP: 71601HAB2<br>LEI: 2549007TYGV6RVSE9M61 | Long             | LON              | CORP              | US        |    250000 | PA      | $231250.00    | 0.04%             | 2028-03-03      | Floating      | 7.81%                 | No            |                  2 | On Loan: No      |
| MANUF & TRADERS TRUST CO                           | Manufacturers & Traders Trust Co                                                | CUSIP: 564760CC8<br>LEI: WWB2V0FCW3A0EE3ZJN75 | Long             | DBT              | CORP              | US        |   1470000 | PA      | $1480200.18   | 0.25%             | 2028-07-06      | Fixed         | 4.76%                 | No            |                  2 | On Loan: —       |
| Imperial Fund LLC                                  | Imperial Fund Mortgage Trust 2023-NQM1                                          | CUSIP: 45290BAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    605460 | PA      | $604890.97    | 0.10%             | 2068-02-25      | Variable      | 5.94%                 | No            |                  2 | On Loan: No      |
| Kaseya Inc                                         | Kaseya Inc 2025 1st Lien Term Loan B                                            | CUSIP: 48578AAB4<br>LEI: 254900MISXMLRZ63NH46 | Long             | LON              | CORP              | US        |    247698 | PA      | $249013.36    | 0.04%             | 2032-03-20      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                 | BMO 2025-5C10 Mortgage Trust                                                    | CUSIP: 05615BAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7922912 | PA      | $442413.05    | 0.08%             | 2058-05-15      | Variable      | 1.58%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                           | Madison Park Funding XLV Ltd                                                    | CUSIP: 55820BAS6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2501830.00   | 0.43%             | 2034-07-15      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                               | Glencore Funding LLC                                                            | CUSIP: 378272BY3<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   1110000 | PA      | $1121301.48   | 0.19%             | 2028-04-01      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| FLYNN RESTAURANT GROUP LP                          | Flynn Restaurant Group LP 2025 Incremental Term Loan                            | CUSIP: 34410JAG6<br>LEI: 5493008VE8TQONGO3817 | Long             | LON              | CORP              | US        |    214082 | PA      | $214082.41    | 0.04%             | 2032-01-28      | Floating      | 8.08%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                             | Pacific Gas and Electric Co                                                     | CUSIP: 694308KS5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2399990.02   | 0.41%             | 2025-09-04      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| TECTA AMERICA CORP                                 | Tecta America Corp 2025 Term Loan B                                             | CUSIP: 000000000<br>LEI: 54930083ULRH07WCC129 | Long             | LON              | CORP              | US        |     71429 | PA      | $71660.68     | 0.01%             | 2032-02-18      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Flash Charm, Inc.                                  | Flash Charm Inc 2024 Term Loan                                                  | CUSIP: 45168RAT0<br>LEI: 549300VQ6S3PWR8NUC48 | Long             | LON              | CORP              | US        |    248740 | PA      | $234126.33    | 0.04%             | 2028-03-02      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                             | Acrisure LLC / Acrisure Finance Inc                                             | CUSIP: 00489LAM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $312846.00    | 0.05%             | 2029-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BWSC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2900000 | PA      | $2894347.03   | 0.49%             | 2055-07-25      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| MLCC Mortgage Investors Inc                        | Merrill Lynch Mortgage Investors Trust Series MLCC 2003-A                       | CUSIP: 589929F94<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     34842 | PA      | $34322.89     | 0.01%             | 2028-03-25      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31388HAW9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7198 | PA      | $7327.72      | 0.00%             | 2032-10-01      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| Albaugh LLC                                        | Albaugh LLC 2022 Term Loan B                                                    | CUSIP: 01260HAH8<br>LEI: 5493008ZHS8IORT6HC90 | Long             | LON              | CORP              | US        |     79182 | PA      | $78884.67     | 0.01%             | 2029-04-06      | Floating      | 8.08%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                           | AT&T Inc                                                                        | CUSIP: 00206RJX1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    400000 | PA      | $385667.54    | 0.07%             | 2027-06-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                    | BRAVO Residential Funding Trust 2024-NQM2                                       | CUSIP: 10569KAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    290150 | PA      | $292802.42    | 0.05%             | 2064-02-25      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                                | Freddie Mac STACR REMIC Trust 2021-DNA7                                         | CUSIP: 35564KMA4<br>LEI: 5493000ISOMSKCX2AW62 | Long             | ABS-MBS          | USGSE             | US        |    154937 | PA      | $154549.31    | 0.03%             | 2041-11-25      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                           | USD-SOFR-OIS Compound---20300224                                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  17100000 | OU      | $-474051.08   | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                         | Verus Securitization Trust 2024-2                                               | CUSIP: 92539UAA8<br>LEI: 213800KSJFZ5H8FZ7C61 | Long             | ABS-MBS          | CORP              | US        |    204742 | PA      | $206150.02    | 0.04%             | 2069-02-25      | Variable      | 6.09%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                                | Carrier Global Corp                                                             | CUSIP: 14448CAP9<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1459798.52   | 0.25%             | 2027-02-15      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                          | Boeing Co/The                                                                   | CUSIP: 097023DG7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2559419.90   | 0.44%             | 2026-02-04      | Fixed         | 2.20%                 | No            |                  2 | On Loan: —       |
| BARNES GROUP INC                                   | Barnes Group Inc 2025 Term Loan B                                               | CUSIP: 38021CAC2<br>LEI: G1MSYD2DQZX30V5DMX12 | Long             | LON              | CORP              | US        |    249375 | PA      | $250050.31    | 0.04%             | 2032-01-27      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                     | Morgan Stanley                                                                  | CUSIP: 6174467Y9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2196062.70   | 0.37%             | 2026-09-08      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust                | Toyota Auto Receivables 2024-B Owner Trust                                      | CUSIP: 89237NAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2730000 | PA      | $2766415.20   | 0.47%             | 2029-01-16      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| JH NORTH AMERICA HOLDING                           | JH North America Holdings Inc                                                   | CUSIP: 46593WAA3<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25218.30     | 0.00%             | 2031-01-31      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates            | WaMu Mortgage Pass-Through Certificates Series 2005-AR6 Trust                   | CUSIP: 92922FJ25<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    336640 | PA      | $342208.32    | 0.06%             | 2045-04-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                               | OneMain Finance Corp                                                            | CUSIP: 682691AH3<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    800000 | PA      | $821640.80    | 0.14%             | 2029-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: —       |
| Station Place Securitization Trust                 | Station Place Securitization Trust Series 2025-1                                | CUSIP: 85772UAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2052000 | PA      | $2059015.79   | 0.35%             | 2026-07-23      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Cook Park CLO, Ltd                                 | Cook Park CLO Ltd                                                               | CUSIP: 21623PAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1498929.00   | 0.26%             | 2030-04-17      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| American Express Credit Account Master Trust       | American Express Credit Account Master Trust                                    | CUSIP: 02582JJV3<br>LEI: 549300Y4SA5G3GIJTP18 | Long             | ABS-O            | CORP              | US        |   5496000 | PA      | $5490556.21   | 0.94%             | 2027-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31409BB48<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11316 | PA      | $11527.06     | 0.00%             | 2036-03-01      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                     | Morgan Stanley Capital I Trust 2015-MS1                                         | CUSIP: 61765DAW8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    432686 | PA      | $431741.70    | 0.07%             | 2048-05-15      | Variable      | 4.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                   | Fannie Mae Connecticut Avenue Securities                                        | CUSIP: 20755JAA1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    523871 | PA      | $523053.59    | 0.09%             | 2045-01-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Bank of America Credit Card Trust                  | BA Credit Card Trust                                                            | CUSIP: 05522RDF2<br>LEI: 5493006DQ60M1CRKHH19 | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4007585.60   | 0.68%             | 2028-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                             | WESCO Distribution Inc                                                          | CUSIP: 95081QAQ7<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1131715.20   | 0.19%             | 2029-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| Freddie Mac - STACR                                | Freddie Mac STACR REMIC Trust 2024-HQA2                                         | CUSIP: 35564NDZ3<br>LEI: 5299002OYNAPMJKK2A73 | Long             | ABS-MBS          | USGSE             | US        |   2423931 | PA      | $2424682.14   | 0.41%             | 2044-08-25      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| New Economy Assets Phase 1 Issuer LLC              | New Economy Assets - Phase 1 Sponsor LLC                                        | CUSIP: 643821AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5010000 | PA      | $4716854.38   | 0.81%             | 2061-10-20      | Fixed         | 1.91%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                | Citigroup Commercial Mortgage Trust 2016-P4                                     | CUSIP: 29429EAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    447449 | PA      | $440504.95    | 0.08%             | 2049-07-10      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| NIELSEN CONSUMER INC                               | Nielsen Consumer Inc 2025 USD Term Loan                                         | CUSIP: 45674PAR5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    249062 | PA      | $249684.16    | 0.04%             | 2028-03-06      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC                                   | AmWINS Group Inc 2025 Term Loan B                                               | CUSIP: 03234TBA5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |    261066 | PA      | $261473.97    | 0.04%             | 2032-01-30      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                           | Warnermedia Holdings Inc                                                        | CUSIP: 55903VBA0<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    245000 | PA      | $228024.12    | 0.04%             | 2027-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                | Petroleos Mexicanos                                                             | CUSIP: 71654QDH2<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    350000 | PA      | $349617.80    | 0.06%             | 2025-10-16      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132DWNY5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   9041578 | PA      | $9191158.60   | 1.57%             | 2055-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fixed Income Clearing Corp                         | FIXED INC CLEARING CORP.REPO                                                    | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |   4367636 | PA      | $4367635.56   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                              | Wells Fargo & Co                                                                | CUSIP: 95000U3J0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    800000 | PA      | $819441.61    | 0.14%             | 2030-01-23      | Fixed         | 5.20%                 | No            |                  2 | On Loan: —       |
| Empire State Development Corp                      | NEW YORK ST URBAN DEV CORP SALES TAX REVENUE                                    | CUSIP: 64985TDP3<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   4655000 | PA      | $4588839.88   | 0.78%             | 2026-03-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                             | Philip Morris International Inc                                                 | CUSIP: 718172CZ0<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    900000 | PA      | $915157.30    | 0.16%             | 2028-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| AERCAP IRELAND CAP/GLOBA                           | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MAW5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   1000000 | PA      | $952674.92    | 0.16%             | 2028-10-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: —       |
| GM Financial Consumer Automobile Receivables Trust | GM Financial Consumer Automobile Receivables Trust 2024-1                       | CUSIP: 36268GAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4019988.40   | 0.69%             | 2028-12-18      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac Pool                                                                | CUSIP: 3132D6CU2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2803946 | PA      | $2706638.06   | 0.46%             | 2037-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Societe Generale                                   | Societe Generale                                                                | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | RA               | CORP              | US        |   1000000 | PA      | $1000000.00   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                    | CDX.NA.IG.44 1.0; 2030-06-20                                                    | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |   6325000 | OU      | $139833.10    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Specialty Building Products Holdings LLC           | Specialty Building Products Holdings LLC 2021 Term Loan B                       | CUSIP: 84748EAF7<br>LEI: 549300ICFD46O3KMJC06 | Long             | LON              | CORP              | US        |    249496 | PA      | $239516.35    | 0.04%             | 2028-10-15      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| ING Financial Markets LLC                          | ING Financial Markets LLC                                                       | CUSIP: 000000000<br>LEI: KBVRJ5K57JZ3E2AVWX40 | Long             | RA               | CORP              | US        |    200000 | PA      | $200000.00    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                           | Electricite de France SA                                                        | CUSIP: 28504DAB9<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    300000 | PA      | $309033.12    | 0.05%             | 2028-05-23      | Fixed         | 5.70%                 | No            |                  2 | On Loan: —       |
| Emrld Borrower LP                                  | EMRLD Borrower LP Term Loan B                                                   | CUSIP: 26872NAC3<br>LEI: 5493000GJYE7GAQCUC61 | Long             | LON              | CORP              | US        |    238728 | PA      | $238728.21    | 0.04%             | 2030-05-31      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31402LGB2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     14715 | PA      | $14792.08     | 0.00%             | 2033-09-01      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| HORIZON US FINCO LP                                | Horizon US Finco LP Term Loan B                                                 | CUSIP: 44057XAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    248195 | PA      | $245092.91    | 0.04%             | 2031-10-31      | Floating      | 9.03%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                           | RHP Hotel Properties LP / RHP Finance Corp                                      | CUSIP: 749571AG0<br>LEI: N/A                  | Long             | DBT              |  | US        |    400000 | PA      | $390955.24    | 0.07%             | 2029-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31388DEL8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3127 | PA      | $3153.53      | 0.00%             | 2032-01-01      | Floating      | 6.52%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                           | Lloyds Banking Group PLC                                                        | CUSIP: 53944YBC6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    960000 | PA      | $972614.28    | 0.17%             | 2028-11-26      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                             | Sequoia Mortgage Trust 2004-10                                                  | CUSIP: 81744FEV5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     81358 | PA      | $76515.40     | 0.01%             | 2034-11-20      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| RADAR BIDCO SARL                                   | Radar Bidco Sarl 2024 USD Term Loan                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     83332 | PA      | $83826.59     | 0.01%             | 2031-04-04      | Floating      | 7.79%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                        | Asurion LLC 2023 Term Loan B11                                                  | CUSIP: 04649VBC3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    246222 | PA      | $243974.91    | 0.04%             | 2028-08-19      | Floating      | 8.68%                 | No            |                  2 | On Loan: No      |
| Playtika Holding Corp                              | Playtika Holding Corp 2021 Term Loan B1                                         | CUSIP: 72814CAF5<br>LEI: 254900E35Z4TKA4UFG64 | Long             | LON              | CORP              | US        |    249351 | PA      | $245818.10    | 0.04%             | 2028-03-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HARBOUR ENERGY PLC                                 | Harbour Energy PLC                                                              | CUSIP: 411618AB7<br>LEI: 213800YPC42DYBKVPF97 | Long             | DBT              | CORP              | GB        |   2200000 | PA      | $2167382.36   | 0.37%             | 2026-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EDELMAN FINANCIAL CENTER LLC                       | Edelman Financial Center LLC 2024 Term Loan                                     | CUSIP: 27943UAM8<br>LEI: 549300Z31KZXNP05U733 | Long             | LON              | CORP              | US        |    330101 | PA      | $330866.70    | 0.06%             | 2028-04-07      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                           | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                      | CUSIP: 46590XAZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1500000 | PA      | $1530600.00   | 0.26%             | 2028-02-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: —       |
| Garda World Security Corporation                   | Garda World Security Corporation 2025 Term Loan B                               | CUSIP: 000000000<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | LON              | CORP              | CA        |    249375 | PA      | $249452.81    | 0.04%             | 2029-02-01      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                           | JP Morgan Mortgage Trust Series 2024-HE3                                        | CUSIP: 46658JAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    602785 | PA      | $601560.49    | 0.10%             | 2055-02-25      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                    | CCPCDX--2I65BRZP8-20281220                                                      | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |   1188000 | OU      | $87696.74     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA HOUSTON                        | BANK OF NOVA SCOTIA HOUSTON                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   1499975 | PA      | $1499974.51   | 0.26%             | 2025-08-21      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                   | Fannie Mae Connecticut Avenue Securities                                        | CUSIP: 20754TAB8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    316775 | PA      | $316971.75    | 0.05%             | 2045-02-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                              | Foundry JV Holdco LLC                                                           | CUSIP: 350930AB9<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1985463.08   | 0.34%             | 2030-01-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: —       |
| CF Hippolyta Issuer LLC                            | CF Hippolyta Issuer LLC                                                         | CUSIP: 12530MAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1142304 | PA      | $1130080.24   | 0.19%             | 2060-07-15      | Fixed         | 1.69%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31418SA41<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       402 | PA      | $411.54       | 0.00%             | 2040-04-01      | Floating      | 6.81%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                       | Ford Credit Auto Owner Trust 2024-A                                             | CUSIP: 34535EAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2330000 | PA      | $2352737.31   | 0.40%             | 2028-12-15      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| PHOENIX GUARANTOR INC                              | Phoenix Guarantor Inc 2024 Term Loan B                                          | CUSIP: 71913BAK8<br>LEI: 254900JIOIDL3GSUFE55 | Long             | LON              | CORP              | US        |     99251 | PA      | $99622.82     | 0.02%             | 2031-02-21      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                    | CDX.NA.IG.43--1.00% 12/20/2029 CDX                                              | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |   3100000 | OU      | $69731.40     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust         | JPMBB Commercial Mortgage Securities Trust 2014-C26                             | CUSIP: 46643TBE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     58868 | PA      | $58130.50     | 0.01%             | 2048-01-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ZELIS PAYMENTS BUYER INC                           | Zelis Payments Buyer Inc 5th Amendment Term Loan                                | CUSIP: 98932TAH6<br>LEI: 549300U8NGLZN5R1Y309 | Long             | LON              | CORP              | US        |    249375 | PA      | $248498.20    | 0.04%             | 2031-11-26      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| BANIJAY ENTERTAINMENT                              | Banijay Entertainment SAS                                                       | CUSIP: 060335AB2<br>LEI: 969500CE0IE2EZ5VBG13 | Long             | DBT              | CORP              | FR        |    600000 | PA      | $622476.60    | 0.11%             | 2029-05-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: —       |
| Verus Securitization Trust                         | Verus Securitization Trust 2023-INV3                                            | CUSIP: 92540CAA5<br>LEI: 9845008F97BFO762AF95 | Long             | ABS-MBS          | CORP              | US        |    549007 | PA      | $556838.19    | 0.10%             | 2068-11-25      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| CROWN EQUIPMENT CORPORATION                        | Crown Equipment Corporation 2025 Term Loan B                                    | CUSIP: 22834HAK4<br>LEI: V22E9B3P7BX1W5NNT053 | Long             | LON              | CORP              | US        |    250000 | PA      | $250195.25    | 0.04%             | 2031-10-10      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                   | Fannie Mae Connecticut Avenue Securities                                        | CUSIP: 20755TAA9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    433708 | PA      | $433853.34    | 0.07%             | 2045-05-25      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                                | Freddie Mac STACR REMIC Trust 2025-DNA1                                         | CUSIP: 35564NFY4<br>LEI: 529900WZAMS87JCAOC53 | Long             | ABS-MBS          | USGSE             | US        |    723075 | PA      | $721947.00    | 0.12%             | 2045-01-25      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                                    | Danske Bank A/S                                                                 | CUSIP: 23636ABH3<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |   1600000 | PA      | $1660048.45   | 0.28%             | 2030-03-01      | Fixed         | 5.71%                 | No            |                  2 | On Loan: —       |
| SHINHAN BANK                                       | Shinhan Bank Co Ltd                                                             | CUSIP: 82460CAQ7<br>LEI: 5493003P813VL21KG928 | Long             | DBT              | CORP              | KR        |   2500000 | PA      | $2411617.25   | 0.41%             | 2026-10-21      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| CF Secured LLC                                     | CF Secured LLC                                                                  | CUSIP: 000000000<br>LEI: 254900OXTV81I73FAT50 | Long             | RA               | CORP              | US        |   5000000 | PA      | $5000000.00   | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                     | Hyundai Auto Receivables Trust 2023-B                                           | CUSIP: 44933XAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1082764 | PA      | $1089710.75   | 0.19%             | 2028-04-17      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| Apidos CLO Ltd                                     | Apidos CLO XXXII                                                                | CUSIP: 03768RAQ9<br>LEI: 549300CXPXW83QGWOL98 | Long             | ABS-CBDO         | CORP              | KY        |   1403166 | PA      | $1402759.04   | 0.24%             | 2033-01-20      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust | GM Financial Consumer Automobile Receivables Trust 2024-2                       | CUSIP: 379931AB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    258374 | PA      | $258726.75    | 0.04%             | 2027-03-16      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                                | Freddie Mac STACR REMIC Trust 2025-DNA2                                         | CUSIP: 35564NHY2<br>LEI: 529900XX8WXEM4FBIH80 | Long             | ABS-MBS          | USGSE             | US        |    536112 | PA      | $536311.24    | 0.09%             | 2045-05-25      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| WEC US Holdings Ltd                                | WEC US Holdings Ltd 2024 Term Loan                                              | CUSIP: 92943LAC4<br>LEI: 5493002M6GRSU1IWMG57 | Long             | LON              | CORP              | US        |    249372 | PA      | $249700.78    | 0.04%             | 2031-01-27      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| Station Place Securitization Trust                 | Station Place Securitization Trust Series 2024-10                               | CUSIP: 85779PAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1800000 | PA      | $1806885.00   | 0.31%             | 2025-10-27      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| FIRST STUDENT BIDCO INC                            | First Student Bidco Inc 2024 1st Lien Term Loan B                               | CUSIP: 33718FAK6<br>LEI: 2549006DRO2F06AA1391 | Long             | LON              | CORP              | US        |    189761 | PA      | $190077.71    | 0.03%             | 2028-07-21      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                           | JP Morgan Mortgage Trust Series 2024-CES1                                       | CUSIP: 46658CAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    345068 | PA      | $347021.44    | 0.06%             | 2054-06-25      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                       | Enbridge Inc                                                                    | CUSIP: 29250NCJ2<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    575000 | PA      | $580758.10    | 0.10%             | 2030-06-20      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31411RTJ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       844 | PA      | $871.70       | 0.00%             | 2037-03-01      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| GoldenTree Loan Management US CLO, LTD             | Goldentree Loan Management US Clo 11 Ltd                                        | CUSIP: 38138KAL4<br>LEI: 549300TMEEKUOKVHYV65 | Long             | ABS-CBDO         | CORP              | KY        |   3200000 | PA      | $3196611.20   | 0.55%             | 2034-10-20      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31403AX83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     10116 | PA      | $10233.23     | 0.00%             | 2033-10-01      | Floating      | 7.26%                 | No            |                  2 | On Loan: No      |
| ADEIA INC                                          | Adeia Inc 2025 Repriced Term Loan                                               | CUSIP: 98422BAD1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    196280 | PA      | $197015.64    | 0.03%             | 2028-06-08      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Sedgwick Claims Management Services Inc            | Sedgwick Claims Management Services Inc 2023 Term Loan B                        | CUSIP: 81527CAP2<br>LEI: 549300BIN4DWJG5VWF64 | Long             | LON              | CORP              | US        |    221377 | PA      | $222391.90    | 0.04%             | 2031-07-31      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                   | Connecticut Avenue Securities Trust 2024-R03                                    | CUSIP: 207941AA3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    822638 | PA      | $822635.31    | 0.14%             | 2044-03-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                   | COLT 2024-1 Mortgage Loan Trust                                                 | CUSIP: 19688TAA3<br>LEI: 2138001HZNOLT1K3WY73 | Long             | ABS-MBS          | CORP              | US        |    904245 | PA      | $907803.99    | 0.15%             | 2069-02-25      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                           | OBX 2024-NQM3 Trust                                                             | CUSIP: 67118KAA1<br>LEI: 2549001QDCO9VU0HH514 | Long             | ABS-MBS          | CORP              | US        |    512080 | PA      | $516095.07    | 0.09%             | 2063-12-25      | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                         | Verus Securitization Trust 2024-4                                               | CUSIP: 92540GAA6<br>LEI: 213800WNY873LW1L3M73 | Long             | ABS-MBS          | CORP              | US        |    546098 | PA      | $551982.85    | 0.09%             | 2069-06-25      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BANK USA                             | Goldman Sachs Bank USA/New York NY                                              | CUSIP: 38151LAF7<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2311349.35   | 0.39%             | 2027-03-18      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury STRIPS Coupon                                                     | CUSIP: 912833QB9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14400000 | PA      | $13171267.44  | 2.25%             | 2027-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: —       |
| BANK OF NOVA SCOTIA                                | Bank of Nova Scotia/The                                                         | CUSIP: 06418BAE8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   2300000 | PA      | $2255226.54   | 0.38%             | 2027-03-11      | Fixed         | 2.95%                 | No            |                  2 | On Loan: —       |
| Nissan Auto Receivables Owner Trust                | Nissan Auto Receivables 2023-A Owner Trust                                      | CUSIP: 65480WAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3577251 | PA      | $3584669.32   | 0.61%             | 2027-11-15      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| WestJet Loyalty LP                                 | WestJet Loyalty LP Term Loan B                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |    237600 | PA      | $237699.08    | 0.04%             | 2031-02-14      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                    | CVS Health Corp                                                                 | CUSIP: 126650DW7<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1522817.21   | 0.26%             | 2029-01-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| BRAVO Residential Funding Trust                    | BRAVO Residential Funding Trust 2023-NQM5                                       | CUSIP: 10569UAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    164639 | PA      | $165707.59    | 0.03%             | 2063-06-25      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Citibank NA                                        | CDX--2I65BYED3--20281220                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DCR              |  | US        |   5000000 | OU      | $107932.78    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Primo Brands Corporation                           | Primo Brands Corporation 2025 Term Loan B                                       | CUSIP: 89678QAD8<br>LEI: 254900J0WS4AXV2LAX55 | Long             | LON              | CORP              | US        |    341228 | PA      | $342791.57    | 0.06%             | 2028-03-31      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae REMICS                                                               | CUSIP: 3136BTRF2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2454471 | PA      | $2439420.28   | 0.42%             | 2054-11-25      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                     | Hyundai Auto Receivables Trust 2023-C                                           | CUSIP: 44918CAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    442969 | PA      | $443511.72    | 0.08%             | 2027-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31406H3M7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8971 | PA      | $9111.55      | 0.00%             | 2034-12-01      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Mill City Mortgage Trust                           | Mill City Mortgage Loan Trust 2018-4                                            | CUSIP: 59980YAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    821964 | PA      | $806065.86    | 0.14%             | 2066-04-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                          | Towd Point Mortgage Trust 2018-4                                                | CUSIP: 89175TAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1150482 | PA      | $1088806.17   | 0.19%             | 2058-06-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust              | Wells Fargo Commercial Mortgage Trust 2019-C53                                  | CUSIP: 95002BAF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  15146772 | PA      | $545177.75    | 0.09%             | 2052-10-15      | Variable      | 1.16%                 | No            |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                        | Allied Universal Holdco LLC 2021 USD Incremental Term Loan B                    | CUSIP: 01957TAH0<br>LEI: 98450038B4549046D794 | Long             | LON              | CORP              | US        |    260044 | PA      | $261482.08    | 0.04%             | 2028-05-12      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust                | Toyota Auto Receivables 2024-A Owner Trust                                      | CUSIP: 89238DAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2330000 | PA      | $2343879.58   | 0.40%             | 2028-10-16      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| XCEL ENERGY INC                                    | Xcel Energy Inc                                                                 | CUSIP: 98389BAY6<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1897379.06   | 0.32%             | 2030-06-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: —       |
| Marble Point CLO Ltd.                              | Marble Point CLO XV Ltd                                                         | CUSIP: 56606YAW5<br>LEI: 549300CO8XB55W8SS394 | Long             | ABS-CBDO         | CORP              | KY        |    719100 | PA      | $718252.64    | 0.12%             | 2032-07-23      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                   | ABN AMRO Bank NV                                                                | CUSIP: 00084DBA7<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |    600000 | PA      | $613066.32    | 0.10%             | 2027-09-18      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| Texas State University System                      | TEXAS ST UNIV SYS FING REVENUE                                                  | CUSIP: 88278PZC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1369404.48   | 0.23%             | 2026-03-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner Trust                 | Honda Auto Receivables 2024-1 Owner Trust                                       | CUSIP: 437918AB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    498004 | PA      | $498588.57    | 0.09%             | 2026-09-15      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL GLBL                           | Northwestern Mutual Global Funding                                              | CUSIP: 66815L2M0<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1172590.81   | 0.20%             | 2028-06-12      | Fixed         | 4.90%                 | No            |                  2 | On Loan: —       |
| Lonza Group AG                                     | Lonza Group AG USD Term Loan B                                                  | CUSIP: 000000000<br>LEI: 549300Y0CIXN5D40L888 | Long             | LON              | CORP              | US        |    248752 | PA      | $228540.50    | 0.04%             | 2028-07-03      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| Societe Generale                                   | Societe Generale                                                                | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | RA               | CORP              | US        |   2000000 | PA      | $2000000.00   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Securities LLC                            | CDX--2I65BRAA9-20271220                                                         | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DCR              |  | US        |   1900000 | OU      | $164593.63    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                 | Energy Transfer LP                                                              | CUSIP: 86765BAT6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1192144.54   | 0.20%             | 2026-07-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31402QTK7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1328 | PA      | $1335.71      | 0.00%             | 2034-11-01      | Floating      | 6.04%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                             | General Motors Financial Co Inc                                                 | CUSIP: 37045XDK9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   4400000 | PA      | $4271343.60   | 0.73%             | 2026-06-10      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CROSBY US ACQUISITION CORP                         | Crosby US Acquisition Corp 2024 1st Lien Term Loan B                            | CUSIP: 22739PAP1<br>LEI: 549300V5HSWHDNVOWE35 | Long             | LON              | CORP              | US        |     98834 | PA      | $99297.80     | 0.02%             | 2029-08-16      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                               | Bank of America Corp                                                            | CUSIP: 06051GHQ5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1968617.20   | 0.34%             | 2030-02-07      | Fixed         | 3.97%                 | No            |                  2 | On Loan: —       |
| First Eagle Investment Management LLC              | First Eagle Investment Management LLC 2024 Term Loan B2                         | CUSIP: 05554JAJ6<br>LEI: 549300ZKYR56QRODD510 | Long             | LON              | CORP              | US        |    237000 | PA      | $237592.50    | 0.04%             | 2029-03-05      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                           | Hess Midstream Operations LP                                                    | CUSIP: 428102AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $102840.90    | 0.02%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SA LTD ESRW ZAR                                    | SA LTD ESRW ZAR                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     40457 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Mill City Mortgage Trust                           | Mill City Mortgage Loan Trust 2018-1                                            | CUSIP: 59980VAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    208037 | PA      | $205550.60    | 0.04%             | 2062-05-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137HD7J3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4265274 | PA      | $4270623.15   | 0.73%             | 2054-06-25      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Countrywide Asset-Backed Certificates              | CWABS Inc Asset-Backed Certificates Series 2004-1                               | CUSIP: 126671Z25<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     24413 | PA      | $24838.63     | 0.00%             | 2034-03-25      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| FORTRESS INTERMEDIATE 3 INC                        | Fortress Intermediate 3 Inc Term Loan B                                         | CUSIP: 34966LAB0<br>LEI: 254900NLAZ3JQJW5JP75 | Long             | LON              | CORP              | US        |    243096 | PA      | $243703.42    | 0.04%             | 2031-06-27      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                           | Angel Oak Mortgage Trust 2025-HB1                                               | CUSIP: 034936AA2<br>LEI: 254900ZFKOWCY24MSQ94 | Long             | ABS-O            | CORP              | US        |    326294 | PA      | $328292.05    | 0.06%             | 2055-02-25      | Floating      | 6.11%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                                      | Owens Corning                                                                   | CUSIP: 690742AN1<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1327834.87   | 0.23%             | 2027-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| Allegro CLO Ltd                                    | Allegro CLO VII Ltd                                                             | CUSIP: 01750CAL7<br>LEI: 635400EBXLHIKFL2MP73 | Long             | ABS-CBDO         | CORP              | KY        |    928605 | PA      | $928444.23    | 0.16%             | 2031-06-13      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Notes                                                             | CUSIP: 912828U24<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11300000 | PA      | $11017941.38  | 1.88%             | 2026-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE BUYER INC                                | Charlotte Buyer Inc 2025 Repriced Term Loan B                                   | CUSIP: 12568YAH7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     77398 | PA      | $77470.75     | 0.01%             | 2028-02-11      | Floating      | 8.56%                 | No            |                  2 | On Loan: No      |
| Credit Suisse First Boston Mortgage Securities     | Credit Suisse First Boston Mortgage Securities Corp                             | CUSIP: 2254W0HE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     33576 | PA      | $19079.62     | 0.00%             | 2019-09-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31385XUU9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       247 | PA      | $245.85       | 0.00%             | 2033-11-01      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                            | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GVR2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2996319.87   | 0.51%             | 2025-10-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| Flatiron CLO Ltd                                   | Flatiron CLO 28 Ltd                                                             | CUSIP: 33884EAC5<br>LEI: 254900U51J2X527SRJ56 | Long             | ABS-CBDO         | CORP              | KY        |   3610000 | PA      | $3614664.12   | 0.62%             | 2036-07-15      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| White Cap Buyer LLC                                | White Cap Buyer LLC 2024 Term Loan B                                            | CUSIP: 96350TAH3<br>LEI: 254900L2N0T6GULCL366 | Long             | LON              | CORP              | US        |    138358 | PA      | $137647.35    | 0.02%             | 2029-10-19      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| GVC Holdings (Gibraltar) Limited                   | GVC Holdings (Gibraltar) Limited 2024 USD Term Loan B3                          | CUSIP: 36270BAC6<br>LEI: 213800GNI3K45LQR8L28 | Long             | LON              | CORP              | IM        |     99000 | PA      | $99503.81     | 0.02%             | 2029-10-31      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| FORWARD AIR CORPORATION                            | Forward Air Corporation Term Loan B                                             | CUSIP: 18948EAC0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    250000 | PA      | $248562.50    | 0.04%             | 2030-12-19      | Floating      | 8.78%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                             | US 10YR NOTE (CBT)SEP25                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -23 | NC      | $-35251.41    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae - CAS                                   | Fannie Mae Connecticut Avenue Securities                                        | CUSIP: 20755RAB1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    328572 | PA      | $328572.61    | 0.06%             | 2044-09-25      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL, LONDON                           | BANK OF MONTREAL, LONDON                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    999998 | PA      | $999998.30    | 0.17%             | 2025-07-14      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31390LRF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       424 | PA      | $431.59       | 0.00%             | 2032-08-01      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31408F2E8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     78900 | PA      | $80721.79     | 0.01%             | 2035-12-01      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31400QT29<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8431 | PA      | $8558.68      | 0.00%             | 2033-03-01      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| Exelon Corp                                        | Exelon Corp                                                                     | CUSIP: 30161NAU5<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1982389.32   | 0.34%             | 2026-04-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                     | Morgan Stanley                                                                  | CUSIP: 61747YFK6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1531423.29   | 0.26%             | 2030-01-16      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| Discover Card Execution Note Trust                 | Discover Card Execution Note Trust                                              | CUSIP: 254683CW3<br>LEI: 549300CKCX1QE4RUW216 | Long             | ABS-O            | CORP              | US        |   5710000 | PA      | $5708221.91   | 0.97%             | 2027-07-15      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                    | CVS Health Corp                                                                 | CUSIP: 126650CX6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1593434.77   | 0.27%             | 2028-03-25      | Fixed         | 4.30%                 | No            |                  2 | On Loan: —       |
| General Nutrition Centers Inc                      | General Nutrition Centers Inc 2020 2nd Lien Term Loan                           | CUSIP: 36260UAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    215807 | PA      | $146748.60    | 0.03%             | 2026-10-07      | Floating      | 10.43%                | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31400VP89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       463 | PA      | $461.89       | 0.00%             | 2028-03-01      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31409XZV4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     31822 | PA      | $32414.97     | 0.01%             | 2036-03-01      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                              | Quikrete Holdings Inc 2025 Term Loan B                                          | CUSIP: 74839XAL3<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |     89431 | PA      | $89415.03     | 0.02%             | 2032-02-10      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| CLOVER HOLDINGS 2 LLC                              | Clover Holdings 2 LLC Term Loan B                                               | CUSIP: 18914DAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     47506 | PA      | $47639.53     | 0.01%             | 2031-12-09      | Floating      | 8.31%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                            | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GZT4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    900000 | PA      | $898647.84    | 0.15%             | 2027-06-15      | Fixed         | 4.39%                 | No            |                  2 | On Loan: —       |
| NEXTERA ENERGY CAPITAL                             | NextEra Energy Capital Holdings Inc                                             | CUSIP: 65339KBS8<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1702492.52   | 0.29%             | 2025-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Hunter Douglas Inc.                                | Hunter Douglas Inc 2025 USD Term Loan B                                         | CUSIP: 000000000<br>LEI: 529900811T142NS3H544 | Long             | LON              | CORP              | US        |    223834 | PA      | $222761.70    | 0.04%             | 2032-01-20      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| ALBION FINANCING 3 SARL                            | Albion Financing 3 SARL 2025 USD Term Loan B                                    | CUSIP: 00847NAE6<br>LEI: 213800VFJ5CIN2NUQ821 | Long             | LON              | CORP              | US        |     28152 | PA      | $28222.75     | 0.00%             | 2029-08-16      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                    | CDX.NA.HY.43 5.00% 20291220                                                     | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | GB        |   2600000 | OU      | $190678.80    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| AT&T INC                                           | AT&T Inc                                                                        | CUSIP: 00206RKG6<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2532940.96   | 0.43%             | 2028-02-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: —       |
| UNITED AIRLINES INC                                | United Airlines Inc 2024 1st Lien Term Loan B                                   | CUSIP: 90932RAP9<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | LON              | CORP              | US        |    198889 | PA      | $199728.55    | 0.03%             | 2031-02-22      | Floating      | 6.28%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                   | Fannie Mae Connecticut Avenue Securities                                        | CUSIP: 30711XSX3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    359304 | PA      | $365733.94    | 0.06%             | 2030-02-25      | Floating      | 7.22%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                        | TRUIST BANK                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   1000001 | PA      | $1000001.00   | 0.17%             | 2025-07-01      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| Bally's Corporation                                | Bally's Corporation 2021 Term Loan B                                            | CUSIP: 05875CAB0<br>LEI: 549300NS4D5IK406VT62 | Long             | LON              | CORP              | US        |    248448 | PA      | $220730.69    | 0.04%             | 2028-10-02      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Trust                   | Provident Funding Mortgage Trust 2021-J1                                        | CUSIP: 74387MAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    475890 | PA      | $420237.03    | 0.07%             | 2051-10-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31419A6G7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    355940 | PA      | $364088.87    | 0.06%             | 2036-11-01      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31414CPN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     29926 | PA      | $30749.67     | 0.01%             | 2035-06-01      | Floating      | 6.53%                 | No            |                  2 | On Loan: No      |
| RAIN CARBON INC                                    | Rain Carbon Inc                                                                 | CUSIP: 75079LAB7<br>LEI: 25490038N6JQH7QXUK52 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1179696.10   | 0.20%             | 2029-09-01      | Fixed         | 12.25%                | No            |                  2 | On Loan: —       |
| Roper Industrial Products Investment Company LLC   | Roper Industrial Products Investment Company LLC 2024 USD 1st Lien Term Loan B  | CUSIP: 77669LAK9<br>LEI: 254900RXO1EICEHOLG29 | Long             | LON              | CORP              | US        |    248501 | PA      | $248267.54    | 0.04%             | 2029-11-22      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| Gray Television Inc                                | Gray Television Inc 2021 Term Loan D                                            | CUSIP: 389376AZ7<br>LEI: 529900TM5726KDN7UU35 | Long             | LON              | CORP              | US        |    287846 | PA      | $279786.71    | 0.05%             | 2028-12-01      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| American Express Credit Account Master Trust       | American Express Credit Account Master Trust                                    | CUSIP: 02582JJZ4<br>LEI: 549300Y4SA5G3GIJTP18 | Long             | ABS-O            | CORP              | US        |   3620000 | PA      | $3638682.46   | 0.62%             | 2028-05-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| RR Ltd                                             | RR 14 Ltd                                                                       | CUSIP: 74980PAA1<br>LEI: 54930006FTQV76P0VH16 | Long             | ABS-CBDO         | CORP              | KY        |   5382000 | PA      | $5392311.91   | 0.92%             | 2036-04-15      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31381DR56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       776 | PA      | $778.52       | 0.00%             | 2029-01-01      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE CIB, NY                            | CREDIT AGRICOLE CIB, NY                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   1999394 | PA      | $1999394.00   | 0.34%             | 2025-12-03      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| Aramark Services Inc                               | Aramark Services Inc 2024 Term Loan B8                                          | CUSIP: 03852JAV3<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | LON              | CORP              | US        |     22722 | PA      | $22826.08     | 0.00%             | 2030-06-22      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                           | OBX 2024-NQM8 Trust                                                             | CUSIP: 67119CAA8<br>LEI: 254900Y1YRD8JNADSC78 | Long             | ABS-MBS          | CORP              | US        |    890204 | PA      | $899848.33    | 0.15%             | 2064-05-25      | Variable      | 6.23%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                           | OBX 2021-J3 Trust                                                               | CUSIP: 67448XAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    249007 | PA      | $222138.94    | 0.04%             | 2051-10-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31409WCB5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6614 | PA      | $6688.79      | 0.00%             | 2036-02-01      | Floating      | 6.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31391S6L9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2508 | PA      | $2521.25      | 0.00%             | 2032-11-01      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON NATIONAL BANK                           | Huntington National Bank/The                                                    | CUSIP: 44644MAF8<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2408766.77   | 0.41%             | 2028-05-17      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                   | Fannie Mae Connecticut Avenue Securities                                        | CUSIP: 30711XBU7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    296625 | PA      | $305220.17    | 0.05%             | 2028-08-25      | Floating      | 11.37%                | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                   | Fannie Mae Connecticut Avenue Securities                                        | CUSIP: 20754VAA5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    532877 | PA      | $536104.79    | 0.09%             | 2045-03-25      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                              | Huntington Bancshares Inc/OH                                                    | CUSIP: 446150BC7<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1049317.59   | 0.18%             | 2029-08-21      | Fixed         | 6.21%                 | No            |                  2 | On Loan: —       |
| Royal Bank Canada Toronto                          | Royal Bank Canada Toronto                                                       | CUSIP: 000000000<br>LEI: 549300HXQQQCCUBS2Z23 | Long             | RA               | CORP              | US        |   2000000 | PA      | $2000000.00   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Iron Mountain Inc                                  | Iron Mountain Inc                                                               | CUSIP: 46284VAC5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |   1400000 | PA      | $1392033.44   | 0.24%             | 2027-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate, LLC                 | Alliant Holdings Intermediate LLC 2024 Term Loan B6                             | CUSIP: 01881UAM7<br>LEI: 5493006Q26653NF8SI73 | Long             | LON              | CORP              | US        |    249373 | PA      | $249642.75    | 0.04%             | 2031-09-19      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| EQUINOR ASA                                        | Equinor ASA                                                                     | CUSIP: 29446MAJ1<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |   1300000 | PA      | $1280599.35   | 0.22%             | 2026-01-22      | Fixed         | 1.75%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31409XZY8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8174 | PA      | $8345.24      | 0.00%             | 2036-02-01      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                    | BRAVO Residential Funding Trust 2024-NQM3                                       | CUSIP: 10569LAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1387504 | PA      | $1400784.17   | 0.24%             | 2064-03-25      | Variable      | 6.19%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                                       | CaixaBank SA                                                                    | CUSIP: 12803RAK0<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |   1140000 | PA      | $1142839.34   | 0.20%             | 2029-07-03      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust 2019-2             | BRAVO Residential Funding Trust 2019-NQM2                                       | CUSIP: 10568LAL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    648686 | PA      | $620914.67    | 0.11%             | 2044-10-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                   | T-Mobile USA Inc                                                                | CUSIP: 87264ACZ6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3050632.92   | 0.52%             | 2028-03-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: —       |
| BAE SYSTEMS PLC                                    | BAE Systems PLC                                                                 | CUSIP: 05523RAH0<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |   1200000 | PA      | $1213798.45   | 0.21%             | 2027-03-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                           | New York Life Global Funding                                                    | CUSIP: 64952WEU3<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |   3200000 | PA      | $3195557.15   | 0.55%             | 2025-08-05      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE NEW YORK                          | SOCIETE GENERALE NEW YORK                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   2000872 | PA      | $2000872.00   | 0.34%             | 2025-10-15      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| Hanesbrands, Inc.                                  | Hanesbrands Inc 2025 Term Loan B                                                | CUSIP: 410346AY6<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | LON              | CORP              | US        |    190566 | PA      | $191161.27    | 0.03%             | 2032-03-07      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| TTF Holdings LLC                                   | TTF Holdings LLC 2024 Term Loan                                                 | CUSIP: 83421EAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     83205 | PA      | $82477.26     | 0.01%             | 2031-07-18      | Floating      | 8.00%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                    | CDX.NA.IG.44 1.0% 2030-06-20                                                    | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | GB        |  17700000 | OU      | $391311.60    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Elevation CLO Ltd                                  | Elevation CLO 2018-10 Ltd                                                       | CUSIP: 28623CAL5<br>LEI: 5493005Q4N14IP6ASK07 | Long             | ABS-CBDO         | CORP              | KY        |    785370 | PA      | $784014.75    | 0.13%             | 2031-10-20      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Home Partners of America Trust                     | Home Partners of America 2021-3 Trust                                           | CUSIP: 43730XAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    477747 | PA      | $444325.60    | 0.08%             | 2041-01-17      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I LP                                | Hilcorp Energy I LP Term Loan B                                                 | CUSIP: 431319AH5<br>LEI: 549300ITPIHLG0LHEC09 | Long             | LON              | CORP              | US        |    114000 | PA      | $114237.44    | 0.02%             | 2030-02-11      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| CoreVest American Finance Ltd                      | CAFL 2025-RRTL1 Issuer LP                                                       | CUSIP: 124760AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    227000 | PA      | $227909.75    | 0.04%             | 2040-05-28      | Variable      | 5.68%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                               | Cross 2024-H1 Mortgage Trust                                                    | CUSIP: 22757AAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    970140 | PA      | $975987.37    | 0.17%             | 2068-12-25      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                    | CDX.NA.IG.43--1.00% 12/20/2029 CDX                                              | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |   4800000 | OU      | $107971.20    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                           | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   1000000 | PA      | $1022191.66   | 0.17%             | 2027-01-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: —       |
| Citigroup Global Markets Inc                       | Citigroup Global Markets Inc                                                    | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | Long             | RA               | CORP              | US        |   2000000 | PA      | $2000000.00   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                           | USD-SOFR-OIS Compound---20270826                                                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   7900000 | OU      | $87227.41     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31407A7K1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5139 | PA      | $5314.24      | 0.00%             | 2035-07-01      | Floating      | 7.35%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                           | USD-SOFR-OIS Compound- 20270224                                                 | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  76500000 | OU      | $638280.43    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                                     | Var Energi ASA                                                                  | CUSIP: 92212WAD2<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |   1400000 | PA      | $1481842.60   | 0.25%             | 2028-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MH SUB I LLC                                       | MH Sub I LLC 2024 Term Loan B4                                                  | CUSIP: 000000000<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |     99491 | PA      | $86744.13     | 0.01%             | 2031-12-31      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31410FR56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       187 | PA      | $192.70       | 0.00%             | 2036-09-01      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| CPI HOLDCO B LLC                                   | CPI Holdco B LLC 2024 Incremental Term Loan B                                   | CUSIP: 1261MAAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    250000 | PA      | $249922.00    | 0.04%             | 2031-05-17      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                             | Marvell Technology Inc                                                          | CUSIP: 573874AR5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    355000 | PA      | $356571.76    | 0.06%             | 2030-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Central Parent Inc                                 | Central Parent Inc 2024 Term Loan B                                             | CUSIP: 15477BAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    268348 | PA      | $224923.22    | 0.04%             | 2029-07-06      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                    | BRAVO Residential Funding Trust 2023-NQM4                                       | CUSIP: 10569YAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1720668 | PA      | $1729419.98   | 0.30%             | 2063-05-25      | Variable      | 6.43%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                        | Freddie Mac REMICS                                                              | CUSIP: 3137HF7D1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2537202 | PA      | $2534073.21   | 0.43%             | 2054-08-25      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                           | Baxter International Inc                                                        | CUSIP: 071813CL1<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2888132.58   | 0.49%             | 2027-02-01      | Fixed         | 1.92%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31402DBW9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       233 | PA      | $233.88       | 0.00%             | 2033-09-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| CF Industries Inc                                  | CF Industries Inc                                                               | CUSIP: 12527GAH6<br>LEI: 5FVKT86LAD2F40NPC183 | Long             | DBT              | CORP              | US        |    600000 | PA      | $600358.23    | 0.10%             | 2026-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| Brand Industrial Services Inc                      | Brand Industrial Services Inc 2024 Term Loan B                                  | CUSIP: 10524MAS6<br>LEI: 549300B658W2BPDQMW42 | Long             | LON              | CORP              | US        |    248741 | PA      | $208527.42    | 0.04%             | 2030-08-01      | Floating      | 8.78%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                           | OBX 2018-1 Trust                                                                | CUSIP: 67112FAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    209256 | PA      | $205164.31    | 0.04%             | 2057-06-25      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                             | US 5YR NOTE (CBT) SEP25                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       149 | NC      | $138654.52    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| DUKE ENERGY CORP                                   | Duke Energy Corp                                                                | CUSIP: 26441CBS3<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4505554.80   | 0.77%             | 2028-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: —       |
| F&G ANNUITIES & LIFE INC                           | F&G Annuities & Life Inc                                                        | CUSIP: 30190AAF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $309323.47    | 0.05%             | 2029-06-04      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CITGO PETROLEUM CORP                               | CITGO Petroleum Corp                                                            | CUSIP: 17302XAM8<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1099470.02   | 0.19%             | 2026-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| World Wide Technology Holding Co. LLC              | World Wide Technology Holding Co LLC 2024 Term Loan B                           | CUSIP: 98164AAD5<br>LEI: 213800MTFQARCZL1PY64 | Long             | LON              | CORP              | US        |     26250 | PA      | $26348.35     | 0.00%             | 2030-03-01      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| Octagon Investment Partners 35 LTD                 | OCTAGON INVESTMENT PARTNERS 35 LTD                                              | CUSIP: 67591TAC4<br>LEI: 549300EBYXJ9QVMC7X31 | Long             | ABS-CBDO         | CORP              | KY        |    600000 | PA      | $600526.20    | 0.10%             | 2031-01-20      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| TOUCAN FINCO LTD/CAN/US                            | Toucan FinCo Ltd/Toucan FinCo Can Inc/Toucan FinCo US LLC                       | CUSIP: 89157UAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    200000 | PA      | $204443.55    | 0.03%             | 2030-05-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: —       |
| RIO TINTO FIN USA PLC                              | Rio Tinto Finance USA PLC                                                       | CUSIP: 76720AAS5<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |   1105000 | PA      | $1126131.20   | 0.19%             | 2030-03-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                             | PNC Financial Services Group Inc/The                                            | CUSIP: 693475BV6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    600000 | PA      | $609015.58    | 0.10%             | 2028-01-21      | Fixed         | 5.30%                 | No            |                  2 | On Loan: —       |
| Wells Fargo Commercial Mortgage Trust              | Wells Fargo Commercial Mortgage Trust 2016-C32                                  | CUSIP: 94989YBE2<br>LEI: 549300VOKB4Z9J8DIM89 | Long             | ABS-MBS          | CORP              | US        |    321000 | PA      | $317841.94    | 0.05%             | 2059-01-15      | Variable      | 4.86%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc                              | Quikrete Holdings Inc 2024 Term Loan B1                                         | CUSIP: 74839XAK5<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |    248741 | PA      | $249051.49    | 0.04%             | 2029-03-19      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                        | KeyBank NA/Cleveland OH                                                         | CUSIP: 49327M3E2<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1598816.96   | 0.27%             | 2025-08-08      | Fixed         | 4.15%                 | No            |                  2 | On Loan: —       |
| Calpine Construction Finance Company LP            | Calpine Construction Finance Company LP 2023 Refinancing Term Loan B            | CUSIP: 13134NAH4<br>LEI: V0Q3DOB0FIB2XI1KWU77 | Long             | LON              | CORP              | US        |    100000 | PA      | $100138.90    | 0.02%             | 2030-07-31      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| ENGIE SA                                           | Engie SA                                                                        | CUSIP: 29286DAA3<br>LEI: LAXUQCHT4FH58LRZDY46 | Long             | DBT              | CORP              | FR        |   1400000 | PA      | $1431758.20   | 0.24%             | 2029-04-10      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| SLM CORP                                           | SLM Corp                                                                        | CUSIP: 78442PGF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $314890.50    | 0.05%             | 2030-01-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| American Airlines Inc                              | American Airlines Inc 2023 1st Lien Term Loan                                   | CUSIP: 02376CBM6<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | US        |    238600 | PA      | $236363.13    | 0.04%             | 2029-06-04      | Floating      | 6.51%                 | No            |                  2 | On Loan: No      |
| UGI ENERGY SERVICES LLC                            | UGI Energy Services LLC 2024 Term Loan B                                        | CUSIP: 90276DAE9<br>LEI: 5493001O7RUKEUP5XR11 | Long             | LON              | CORP              | US        |    166875 | PA      | $167761.12    | 0.03%             | 2030-02-22      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                   | Societe Generale SA                                                             | CUSIP: 83368RBC5<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   1500000 | PA      | $1460011.80   | 0.25%             | 2027-06-09      | Fixed         | 1.79%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                          | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C27                     | CUSIP: 61690AAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    355000 | PA      | $352614.47    | 0.06%             | 2047-12-15      | Fixed         | 4.07%                 | No            |                  2 | On Loan: No      |
| JANE STREET GROUP LLC                              | Jane Street Group LLC 2024 Term Loan B1                                         | CUSIP: 47077DAM2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | LON              | CORP              | US        |    246778 | PA      | $246763.15    | 0.04%             | 2031-12-15      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| ICON INVESTMENTS SIX DAC                           | Icon Investments Six DAC                                                        | CUSIP: 45115AAA2<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |   1700000 | PA      | $1735533.43   | 0.30%             | 2027-05-08      | Fixed         | 5.81%                 | No            |                  2 | On Loan: —       |
| NATWEST GROUP PLC                                  | NatWest Group PLC                                                               | CUSIP: 639057AC2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   3300000 | PA      | $3211635.60   | 0.55%             | 2027-06-14      | Fixed         | 1.64%                 | No            |                  2 | On Loan: —       |
| Symphony CLO Ltd                                   | Symphony CLO XXIII Ltd                                                          | CUSIP: 87167NDL6<br>LEI: 54930001DQI1CFLYVB48 | Long             | ABS-CBDO         | CORP              | KY        |   1370795 | PA      | $1368778.22   | 0.23%             | 2034-01-15      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                      | Carnival Corp                                                                   | CUSIP: 143658BY7<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    300000 | PA      | $305076.00    | 0.05%             | 2030-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| GOLDMAN SACHS GROUP INC                            | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GZK3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1942402.72   | 0.33%             | 2028-02-24      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                             | US 10YR ULTRA FUT SEP25                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        -5 | NC      | $-9225.85     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF MONTREAL, LONDON                           | BANK OF MONTREAL, LONDON                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   1999997 | PA      | $1999996.60   | 0.34%             | 2026-05-14      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31411ARS6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       178 | PA      | $180.94       | 0.00%             | 2036-11-01      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                             | CHL Mortgage Pass-Through Trust 2004-11                                         | CUSIP: 12669FA86<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    131626 | PA      | $125460.66    | 0.02%             | 2034-07-25      | Variable      | 5.04%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                    | Cigna Group/The                                                                 | CUSIP: 125523CP3<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |   1666000 | PA      | $1630445.63   | 0.28%             | 2026-03-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: —       |
| Watlow Electric Manufacturing Company              | Watlow Electric Manufacturing Company Term Loan B                               | CUSIP: 94254PAC4<br>LEI: 54930089QP6NQUHLU558 | Long             | LON              | CORP              | US        |    191219 | PA      | $192145.56    | 0.03%             | 2028-03-02      | Floating      | 7.28%                 | No            |                  2 | On Loan: No      |
| EMRLD BORROWER LP                                  | EMRLD Borrower LP 2024 Term Loan B                                              | CUSIP: 26872NAD1<br>LEI: 5493000GJYE7GAQCUC61 | Long             | LON              | CORP              | US        |     70473 | PA      | $70399.96     | 0.01%             | 2031-08-04      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| NEW HOLDCO 2 ORDINARY A SHARES                     | NEW HOLDCO 2 ORDINARY A SHARES                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   8217950 | NS      | $8.22         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31391MKA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     30949 | PA      | $31003.31     | 0.01%             | 2032-12-01      | Floating      | 6.04%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                         | Fannie Mae Pool                                                                 | CUSIP: 31410GME0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       577 | PA      | $592.55       | 0.00%             | 2037-09-01      | Floating      | 7.59%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                           | OBX 2024-NQM2 Trust                                                             | CUSIP: 67118HAA8<br>LEI: 254900OHTVKDKZL33I54 | Long             | ABS-MBS          | CORP              | US        |    432163 | PA      | $434125.55    | 0.07%             | 2063-12-25      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                             | U.S. Treasury Notes                                                             | CUSIP: 91282CKP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14000000 | PA      | $14437500.00  | 2.46%             | 2029-04-30      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| AMCOR FLEXIBLES NORTH AM                           | Amcor Flexibles North America Inc                                               | CUSIP: 02344AAD0<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |    510000 | PA      | $518686.69    | 0.09%             | 2030-03-17      | Fixed         | 5.10%                 | No            |                  2 | On Loan: —       |
| Hyundai Auto Receivables Trust                     | Hyundai Auto Receivables Trust 2024-A                                           | CUSIP: 448973AD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1230000 | PA      | $1241056.59   | 0.21%             | 2029-02-15      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                       | UBS Group AG                                                                    | CUSIP: 902613AU2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   1900000 | PA      | $1911403.65   | 0.33%             | 2027-01-12      | Fixed         | 5.71%                 | No            |                  2 | On Loan: —       |
| Cross Mortgage Trust                               | Cross 2025-H3 Mortgage Trust                                                    | CUSIP: 22757EAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    347601 | PA      | $351563.64    | 0.06%             | 2070-04-25      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** Brighthouse Funds Trust I

**Signature:** Alan Otis

**Name of Signer:** Alan Otis

**Title:** Treasurer