# EDGAR Filing Document

**Accession Number:** 0000789281
**File Stem:** 0001193125-25-329837
**Filing Date:** 2025-12
**Character Count:** 196600
**Document Hash:** 76b2a2ffc00c8444b54363dedfc646f5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-329837.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0001193125-25-329837

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Federated Hermes Income Securities Trust
- **CENTRAL INDEX KEY:** 0000789281

**ORGANIZATION NAME:**
- **EIN:** 251412886
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04577
- **FILM NUMBER:** 251595061

**BUSINESS ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561
- **BUSINESS PHONE:** 8003417400

**MAIL ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED INCOME SECURITIES TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED FLOATING RATE TRUST
- **DATE OF NAME CHANGE:** 19920205

## Series and Classes Contracts Data

### Federated Hermes Short-Term Income Fund (Series ID: S000009077)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000024660 | Class A Shares       | FTIAX           |
| C000024661 | Institutional Shares | FSTYX           |
| C000024662 | Service Shares       | FSTIX           |
| C000176845 | Class R6 Shares      | FSILX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Federated Hermes Income Securities Trust

- **b. Investment Company Act file number:** 811-04577

- **c. CIK number of Registrant:** 0000789281

- **d. LEI of Registrant:** 254900ZSL64R3SX7WJ45

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

  - **Street Address 1:** Federated Hermes Funds

  - **City:** Warrendale

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 15086-7561

  - **Telephone number:** 8003417400

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

- **a. Name of Series:** Federated Hermes Short-Term Income Fund

- **b. EDGAR series identifier (if any):** S000009077

- **c. LEI of Series:** 4BQWWIPPC5NRMP9CZO12

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

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

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1651582009.18

**Total Liabilities:** $29194731.42

**Net Assets:** $1622387277.76

**Delayed Delivery Securities:** $4900000.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -6764.327769000000 | **1-Year:** -106658.884233000000 | **5-Year:** -137161.363624000000 | **10-Year:** -3549.370229000000 | **30-Year:** -406.704651000000

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

- **3-Month:** -68.583095000000 | **1-Year:** -2318.720159000000 | **5-Year:** -2509.624902000000 | **10-Year:** -85.528050000000 | **30-Year:** -17.016272000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000024660 | 0.86%                | 0.38%                | 0.26%                |
| Class ID C000024661 | 0.88%                | 0.40%                | 0.29%                |
| Class ID C000024662 | 0.86%                | 0.38%                | 0.38%                |
| Class ID C000176845 | 0.88%                | 0.41%                | 0.41%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $12210.96                | $6876648.05                                |
| Month 2  | $171988.55               | $-66681.08                                 |
| Month 3  | $549.25                  | $-665106.34                                |

**Designated Index Information**

- **Index Name:** Bloomberg US Government 1-3 Yr Index Level Daily USD

- **Index Identifier:** LGC3TRUU

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AON NORTH AMERICA INC                                                    | Aon North America Inc                                                           | CUSIP: 03740MAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4117029.68   | 0.25%             | 2029-03-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| ARI Fleet Lease Trust                                                    | ARI Fleet Lease Trust 2025-A                                                    | CUSIP: 04033CAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1200000 | PA      | $1208956.86   | 0.07%             |  |  |  | Yes           |                  2 | On Loan: No      |
| BNP PARIBAS                                                              | BNP Paribas SA                                                                  | CUSIP: 09659W3C6<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   4000000 | PA      | $4036130.32   | 0.25%             | 2029-05-09      | Fixed         | 4.79%                 | Yes           |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                          | CVS Health Corp                                                                 | CUSIP: 126650DW7<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   1665000 | PA      | $1699975.87   | 0.10%             | 2029-01-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked Notes                                       | Ally Bank Auto Credit-Linked Notes Series 2024-B                                | CUSIP: 02007G4E0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1136103 | PA      | $1143230.32   | 0.07%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ally Auto Receivables Trust                                              | Ally Auto Receivables Trust 2023-1                                              | CUSIP: 02007WAF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2143000 | PA      | $2179906.42   | 0.13%             |  |  |  | Yes           |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                   | American Honda Finance Corp                                                     | CUSIP: 02665WGL9<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5013636.65   | 0.31%             | 2030-09-04      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE LLC                                                     | Bayer US Finance LLC                                                            | CUSIP: 07274EAH6<br>LEI: 54930093Q75GSEM74I71 | Long             | DBT              | CORP              | US        |   1710000 | PA      | $1739278.69   | 0.11%             | 2026-11-21      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: No      |
| BHMS Mortgage Trust                                                      | BHMS Commercial Mortgage Trust 2025-ATLS                                        | CUSIP: 088928AC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8000000 | PA      | $8010016.00   | 0.49%             | 2042-08-15      | Floating      | 6.58%                 | Yes           |                  2 | On Loan: No      |
| BOARDWALK PIPELINES LP                                                   | Boardwalk Pipelines LP                                                          | CUSIP: 096630AG3<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |   1445000 | PA      | $1465961.03   | 0.09%             | 2029-05-03      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CNH INDUSTRIAL CAP LLC                                                   | CNH Industrial Capital LLC                                                      | CUSIP: 12592BAQ7<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |   2940000 | PA      | $2960888.82   | 0.18%             | 2028-04-10      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                                  | CarMax Auto Owner Trust 2024-2                                                  | CUSIP: 14319EAJ5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4128494.20   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                                  | Carmax Auto Owner Trust 2025-1                                                  | CUSIP: 14319WAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1530000 | PA      | $1560229.43   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| CHI Commercial Mortgage Trust                                            | CHI Commercial Mortgage Trust 2025-SFT                                          | CUSIP: 16706GAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4200000 | PA      | $4303710.18   | 0.27%             | 2042-04-15      | Variable      | 5.87%                 | Yes           |                  2 | On Loan: No      |
| CITIBANK NA                                                              | Citibank NA                                                                     | CUSIP: 17325FBC1<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6088254.72   | 0.38%             | 2026-12-04      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| FNB CORP                                                                 | FNB Corp/PA                                                                     | CUSIP: 302520AD3<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | DBT              | CORP              | US        |   5215000 | PA      | $5320720.88   | 0.33%             | 2030-12-11      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                              | Freddie Mac REMICS                                                              | CUSIP: 31394GBQ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      6918 | PA      | $6778.66      | 0.00%             | 2032-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                               | Fannie Mae REMICS                                                               | CUSIP: 31397MGS0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     34901 | PA      | $35256.25     | 0.00%             | 2037-06-25      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                               | Fannie Mae Pool                                                                 | CUSIP: 31402GMR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     21315 | PA      | $22481.72     | 0.00%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                               | Fiserv Inc                                                                      | CUSIP: 337738BM9<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4000321.76   | 0.25%             | 2030-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Ford Credit Floorplan Master Owner Trust                                 | Ford Credit Floorplan Master Owner Trust A                                      | CUSIP: 34528QHX5<br>LEI: 5493001DTG5N7T8BG747 | Long             | ABS-O            | CORP              | US        |   8500000 | PA      | $8530424.48   | 0.53%             |  |  |  | Yes           |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust                       | GM Financial Consumer Automobile Receivables Trust 2025-2                       | CUSIP: 362549AG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2750000 | PA      | $2783531.30   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| GREAT AMERICA LEASING RECEIVABLES                                        | GreatAmerica Leasing Receivables Funding LLC                                    | CUSIP: 39154GAM8<br>LEI: 549300JFP7GIDD4UWO79 | Long             | ABS-O            | CORP              | US        |   1625000 | PA      | $1643163.28   | 0.10%             |  |  |  | Yes           |                  2 | On Loan: No      |
| HCA INC                                                                  | HCA Inc                                                                         | CUSIP: 404119CT4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2082156.12   | 0.13%             | 2031-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| John Deere Owner Trust                                                   | John Deere Owner Trust 2022-C                                                   | CUSIP: 47800BAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4023349.60   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                                               | LAD Auto Receivables Trust 2024-2                                               | CUSIP: 505920AF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1026726.65   | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                                               | LAD Auto Receivables Trust 2024-2                                               | CUSIP: 505920AG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $776218.43    | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| M&T BANK CORPORATION                                                     | M&T Bank Corp                                                                   | CUSIP: 55261FAS3<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |   3820000 | PA      | $4136080.55   | 0.25%             | 2029-10-30      | Fixed         | 7.41%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                   | PNC Financial Services Group Inc/The                                            | CUSIP: 693475BR5<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   1605000 | PA      | $1661125.92   | 0.10%             | 2029-06-12      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                   | PNC Financial Services Group Inc/The                                            | CUSIP: 693475BV6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   1090000 | PA      | $1104650.91   | 0.07%             | 2028-01-21      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                  | WaMu Mortgage Pass-Through Certificates Series 2006-AR17 Trust                  | CUSIP: 92925DAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    152099 | PA      | $129305.81    | 0.01%             | 2046-12-25      | Floating      | 3.91%                 | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                                                   | Chase Auto Owner Trust 2024-5                                                   | CUSIP: 16144QAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2850000 | PA      | $2847010.92   | 0.18%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Dell Equipment Finance Trust                                             | Dell Equipment Finance Trust 2025-2                                             | CUSIP: 24703VAJ0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1007553.90   | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Evergreen Credit Card Trust                                              | Evergreen Credit Card Trust                                                     | CUSIP: 30023JCN6<br>LEI: 5493002G9KVV6J3CNU15 | Long             | ABS-O            | CORP              | US        |   3743000 | PA      | $3763088.68   | 0.23%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Evergreen Credit Card Trust                                              | Evergreen Credit Card Trust                                                     | CUSIP: 30023JCY2<br>LEI: 5493002G9KVV6J3CNU15 | Long             | ABS-O            | CORP              | CA        |   1400000 | PA      | $1414017.43   | 0.09%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                              | Freddie Mac Non Gold Pool                                                       | CUSIP: 31342AP45<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     95913 | PA      | $97262.29     | 0.01%             | 2033-03-01      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                               | Fannie Mae REMICS                                                               | CUSIP: 3136AVR27<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    527360 | PA      | $517123.28    | 0.03%             | 2047-04-25      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                               | Fannie Mae REMICS                                                               | CUSIP: 31398RV36<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    110589 | PA      | $110001.98    | 0.01%             | 2037-07-25      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                                             | Ford Credit Auto Owner Trust 2022-C                                             | CUSIP: 34535AAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2509783.63   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| GECU Auto Receivables Trust                                              | GECU Auto Receivables Trust 2023-1                                              | CUSIP: 36169EAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2800000 | PA      | $2829268.40   | 0.17%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                                           | Hyundai Auto Receivables Trust 2024-C                                           | CUSIP: 448976AG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5022254.50   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                      | JPMorgan Chase & Co                                                             | CUSIP: 46647PCQ7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2508167.63   | 0.15%             | 2027-09-22      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Master Credit Card Trust                                                 | Master Credit Card Trust II                                                     | CUSIP: 576339EB7<br>LEI: 549300G7G68IV2D8IM76 | Long             | ABS-O            | CORP              | CA        |   1750000 | PA      | $1752098.25   | 0.11%             |  |  |  | Yes           |                  2 | On Loan: No      |
| ORACLE CORP                                                              | Oracle Corp                                                                     | CUSIP: 68389XCS2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   5175000 | PA      | $5134061.40   | 0.32%             | 2029-09-27      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitization Trust                                | SFS Auto Receivables Securitization Trust 2024-1                                | CUSIP: 78435VAF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2048299.50   | 0.13%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Linked Notes                                  | Santander Bank Auto Credit-Linked Notes Series 2024-B                           | CUSIP: 80280BAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1579674 | PA      | $1588570.51   | 0.10%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                                                   | Sequoia Mortgage Trust 2012-6                                                   | CUSIP: 81744NAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    422630 | PA      | $369527.50    | 0.02%             | 2042-12-25      | Variable      | 1.81%                 | No            |                  2 | On Loan: No      |
| Stellantis Financial Underwritten Enhanced Lease Trust                   | Stellantis Financial Underwritten Enhanced Lease Trust 2025-A                   | CUSIP: 858928AG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3765000 | PA      | $3808184.74   | 0.23%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Tesla Auto Lease Trust                                                   | Tesla Auto Lease Trust 2024-A                                                   | CUSIP: 88166VAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4020204.00   | 0.25%             |  |  |  | Yes           |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                                                 | Volkswagen Group of America Finance LLC                                         | CUSIP: 928668CX8<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   2930000 | PA      | $2951533.80   | 0.18%             | 2030-09-11      | Fixed         | 4.85%                 | Yes           |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MBG9<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   7077000 | PA      | $7287806.99   | 0.45%             | 2027-04-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                       | Ally Financial Inc                                                              | CUSIP: 02005NBU3<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   4570000 | PA      | $4822703.54   | 0.30%             | 2030-01-03      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked Notes                                       | Ally Bank Auto Credit-Linked Notes Series 2024-A                                | CUSIP: 02007GZ63<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    518047 | PA      | $524320.68    | 0.03%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ally Auto Receivables Trust                                              | Ally Auto Receivables Trust 2024-1                                              | CUSIP: 02008FAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2019665.80   | 0.12%             |  |  |  | Yes           |                  2 | On Loan: No      |
| American Express Credit Account Master Trust                             | American Express Credit Account Master Trust                                    | CUSIP: 02582JKH2<br>LEI: 549300Y4SA5G3GIJTP18 | Long             | ABS-O            | CORP              | US        |   5250000 | PA      | $5351153.06   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| American Express Credit Account Master Trust                             | American Express Credit Account Master Trust Series 2025-5                      | CUSIP: 02582JKT6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1022778.25   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| AmeriCredit Automobile Receivables Trust                                 | AmeriCredit Automobile Receivables Trust 2023-2                                 | CUSIP: 03065UAF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5500000 | PA      | $5620462.65   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| AmeriCredit Automobile Receivables Trust                                 | AmeriCredit Automobile Receivables Trust 2022-2                                 | CUSIP: 03065WAF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3635000 | PA      | $3660075.32   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| ARI Fleet Lease Trust                                                    | ARI Fleet Lease Trust 2025-A                                                    | CUSIP: 04033CAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1050000 | PA      | $1057902.93   | 0.07%             |  |  |  | Yes           |                  2 | On Loan: No      |
| ARI Fleet Lease Trust                                                    | ARI Fleet Lease Trust 2024-B                                                    | CUSIP: 04033HAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2990000 | PA      | $3040876.64   | 0.19%             |  |  |  | Yes           |                  2 | On Loan: No      |
| AUST & NZ BANKING GROUP                                                  | Australia & New Zealand Banking Group Ltd                                       | CUSIP: 05252ADN8<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |   2000000 | PA      | $2023736.10   | 0.12%             | 2029-12-16      | Floating      | 5.11%                 | Yes           |                  2 | On Loan: No      |
| Bank of America Credit Card Trust                                        | BA Credit Card Trust                                                            | CUSIP: 05522RDJ4<br>LEI: 5493006DQ60M1CRKHH19 | Long             | ABS-O            | CORP              | US        |   6000000 | PA      | $6097281.90   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| BAT INTL FINANCE PLC                                                     | BAT International Finance PLC                                                   | CUSIP: 05530QAQ3<br>LEI: 21380041YBGOQDFAC823 | Long             | DBT              | CORP              | GB        |   2500000 | PA      | $2624151.20   | 0.16%             | 2029-02-02      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| BMW Vehicle Lease Trust                                                  | BMW Vehicle Lease Trust                                                         | CUSIP: 05613MAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2760000 | PA      | $2764706.49   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                     | Bank of America Corp                                                            | CUSIP: 06051GML0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6196570.74   | 0.38%             | 2031-01-24      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| BOF URSA FUNDING                                                         | BOF URSA FUNDING                                                                | CUSIP: 072926AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1850000 | PA      | $1876595.97   | 0.12%             |  |  |  | Yes           |                  2 | On Loan: No      |
| BOF URSA FUNDING                                                         | BOF URSA FUNDING                                                                | CUSIP: 072926AF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2350000 | PA      | $2401423.05   | 0.15%             |  |  |  | Yes           |                  2 | On Loan: No      |
| BLACK HILLS CORP                                                         | Black Hills Corp                                                                | CUSIP: 092113AV1<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6216638.70   | 0.38%             | 2028-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                   | Canadian Imperial Bank of Commerce                                              | CUSIP: 13607PVP6<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   4000000 | PA      | $4033373.72   | 0.25%             | 2028-01-13      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| CARDS II Trust                                                           | CARDS II Trust                                                                  | CUSIP: 14161GCP3<br>LEI: 549300GWPYLNK6X47W76 | Long             | ABS-O            | CORP              | US        |   3690000 | PA      | $3723953.90   | 0.23%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                                  | CarMax Auto Owner Trust 2024-4                                                  | CUSIP: 14290DAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3500000 | PA      | $3531181.85   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                                  | Carmax Auto Owner Trust 2025-3                                                  | CUSIP: 14290FAH9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1050000 | PA      | $1063992.56   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                                  | CarMax Auto Owner Trust 2022-1                                                  | CUSIP: 14317CAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6000000 | PA      | $5936490.30   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                                  | CarMax Auto Owner Trust 2024-1                                                  | CUSIP: 14318WAH0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1021952.10   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                                  | Carmax Auto Owner Trust 2025-1                                                  | CUSIP: 14319WAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1420000 | PA      | $1447789.47   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                 | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175CQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1695000 | PA      | $1772199.55   | 0.11%             | 2029-06-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                                                   | Chase Auto Owner Trust 2024-2                                                   | CUSIP: 16144CAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7000000 | PA      | $7161588.00   | 0.44%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Chase Auto Owner Trust                                                   | Chase Auto Owner Trust 2025-2                                                   | CUSIP: 16144MAH7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1998772.90   | 0.12%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Chesapeake Funding II LLC                                                | Chesapeake Funding II LLC                                                       | CUSIP: 165183CX0<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1001759.95   | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Chesapeake Funding II LLC                                                | Chesapeake Funding II LLC                                                       | CUSIP: 165183DF8<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1017774.70   | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Chesapeake Funding II LLC                                                | Chesapeake Funding II LLC                                                       | CUSIP: 165183DG6<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-O            | CORP              | US        |   1300000 | PA      | $1325382.11   | 0.08%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Citibank Credit Card Issuance Trust                                      | Citibank Credit Card Issuance Trust                                             | CUSIP: 17305EGW9<br>LEI: R8AG6FXVDQAMDKCSJJ64 | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1501707.38   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                                         | Fannie Mae Connecticut Avenue Securities                                        | CUSIP: 20755CAB4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4000000 | PA      | $4094294.40   | 0.25%             | 2043-10-25      | Floating      | 6.68%                 | Yes           |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                 | Constellation Brands Inc                                                        | CUSIP: 21036PBQ0<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1778191.82   | 0.11%             | 2029-01-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                 | Constellation Brands Inc                                                        | CUSIP: 21036PBS6<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    730000 | PA      | $740958.15    | 0.05%             | 2030-05-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC                                                 | Constellation Energy Generation LLC                                             | CUSIP: 210385AB6<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4135183.52   | 0.25%             | 2028-03-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| DLLAA LLC                                                                | DLLAA 2025-1 LLC                                                                | CUSIP: 233249AD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2670000 | PA      | $2753228.04   | 0.17%             |  |  |  | Yes           |                  2 | On Loan: No      |
| DLLAD LLC                                                                | DLLAD 2023-1 LLC                                                                | CUSIP: 233258AC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2642679 | PA      | $2655011.91   | 0.16%             |  |  |  | Yes           |                  2 | On Loan: No      |
| DLLST LLC                                                                | DLLST 2024-1 LLC                                                                | CUSIP: 23346HAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1907607 | PA      | $1914481.99   | 0.12%             |  |  |  | Yes           |                  2 | On Loan: No      |
| DLLAD LLC                                                                | Dllad 2024-1 LLC                                                                | CUSIP: 23346MAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2430000 | PA      | $2521656.44   | 0.16%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Dell Equipment Finance Trust                                             | Dell Equipment Finance Trust 2024-1                                             | CUSIP: 24702GAJ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    770000 | PA      | $780189.18    | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                  | Dell International LLC / EMC Corp                                               | CUSIP: 24703DBS9<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3989967.20   | 0.25%             | 2031-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Drive Auto Receivables Trust                                             | Drive Auto Receivables Trust 2024-2                                             | CUSIP: 26207AAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $4991569.25   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Drive Auto Receivables Trust                                             | Drive Auto Receivables Trust 2024-1                                             | CUSIP: 26208WAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7000000 | PA      | $7079269.75   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Drive Auto Receivables Trust                                             | Drive Auto Receivables Trust 2025-2                                             | CUSIP: 262103AG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5500000 | PA      | $5484799.93   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                                     | Enel Finance International NV                                                   | CUSIP: 29278GBG2<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |   5000000 | PA      | $4970279.90   | 0.31%             | 2030-09-30      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                                           | Enterprise Fleet Financing 2023-2 LLC                                           | CUSIP: 29375NAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $4577437.80   | 0.28%             |  |  |  | Yes           |                  2 | On Loan: No      |
| META PLATFORMS INC                                                       | Meta Platforms Inc                                                              | CUSIP: 30303M8S4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |   3160000 | PA      | $3191168.79   | 0.20%             | 2029-08-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                              | Freddie Mac REMICS                                                              | CUSIP: 3133TGT74<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1208 | PA      | $1231.33      | 0.00%             | 2028-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                              | Freddie Mac Pool                                                                | CUSIP: 3133W6D38<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  10970750 | PA      | $11255296.44  | 0.69%             | 2054-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                              | Freddie Mac Non Gold Pool                                                       | CUSIP: 31346AGD1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       817 | PA      | $823.77       | 0.00%             | 2030-11-01      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                               | Fannie Mae Pool                                                                 | CUSIP: 31385YCQ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     36738 | PA      | $36713.07     | 0.00%             | 2040-05-01      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                               | Fannie Mae REMICS                                                               | CUSIP: 31393BL86<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       609 | PA      | $606.11       | 0.00%             | 2033-05-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                              | Freddie Mac REMICS                                                              | CUSIP: 31396HUS6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    200479 | PA      | $198471.99    | 0.01%             | 2036-02-15      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                               | Fannie Mae REMICS                                                               | CUSIP: 31397QYR3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     64416 | PA      | $64168.72     | 0.00%             | 2041-03-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Federated Core Trust - Federated Bank Loan Core Fund                     | FEDERATED CORE TR FEDERATED BANK LOAN CORE FUND                                 | CUSIP: 31409N804<br>LEI: 549300FJK5JF0KIC2N83 | Long             | EC               | RF                | US        |   5473121 | NS      | $46849915.79  | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                                               | Fannie Mae Pool                                                                 | CUSIP: 3140A5RZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7504702 | PA      | $7679344.78   | 0.47%             | 2053-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fontainebleau Miami Beach Trust                                          | Fontainebleau Miami Beach Mortgage Trust 2024-FBLU                              | CUSIP: 34461WAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1001876.40   | 0.06%             | 2039-12-15      | Floating      | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust/Ford Credit                                 | Ford Credit Auto Owner Trust 2023-REV2                                          | CUSIP: 34535CAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2602697.13   | 0.16%             |  |  |  | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                 | Ford Motor Credit Co LLC                                                        | CUSIP: 345397E58<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4071407.56   | 0.25%             | 2029-03-08      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| General Motors                                                           | GMF Floorplan Owner Revolving Trust                                             | CUSIP: 361886DS0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8000000 | PA      | $8062697.20   | 0.50%             |  |  |  | Yes           |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust                       | GM Financial Consumer Automobile Receivables Trust 2023-2                       | CUSIP: 362583AG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3750000 | PA      | $3787374.38   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| GXO LOGISTICS INC                                                        | GXO Logistics Inc                                                               | CUSIP: 36262GAF8<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6308638.68   | 0.39%             | 2029-05-06      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust                       | GM Financial Consumer Automobile Receivables Trust 2023-3                       | CUSIP: 36267KAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3250000 | PA      | $3304947.75   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                   | General Motors Financial Co Inc                                                 | CUSIP: 37045XFB7<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5146759.05   | 0.32%             | 2030-01-07      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                   | General Motors Financial Co Inc                                                 | CUSIP: 37045XFJ0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4146030.64   | 0.26%             | 2030-07-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: —       |
| GM Financial Automobile Leasing Trust                                    | GM Financial Automobile Leasing Trust 2024-3                                    | CUSIP: 38012QAF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4014381.40   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Golden Credit Card Trust                                                 | GOLDEN CREDIT CARD TRUST                                                        | CUSIP: 380881FD9<br>LEI: 549300BEDPMEONLTJX58 | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $2918698.95   | 0.18%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Golden Credit Card Trust                                                 | Golden Credit Card Trust                                                        | CUSIP: 380881FG2<br>LEI: 549300BEDPMEONLTJX58 | Long             | ABS-O            | CORP              | CA        |   3290000 | PA      | $3195355.42   | 0.20%             |  |  |  | Yes           |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                  | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GZL1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   3750000 | PA      | $3774711.83   | 0.23%             | 2028-02-24      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| GREAT AMERICA LEASING RECEIVABLES                                        | GreatAmerica Leasing Receivables Funding LLC Series 2024-2                      | CUSIP: 39154GAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5040000 | PA      | $5130726.30   | 0.32%             |  |  |  | Yes           |                  2 | On Loan: No      |
| GREAT AMERICA LEASING RECEIVABLES                                        | GreatAmerica Leasing Receivables Funding LLC                                    | CUSIP: 39154GAL0<br>LEI: 549300JFP7GIDD4UWO79 | Long             | ABS-O            | CORP              | US        |   4161000 | PA      | $4173823.79   | 0.26%             |  |  |  | Yes           |                  2 | On Loan: No      |
| GreenState Auto Receivables Trust                                        | GreenState Auto Receivables Trust 2024-1                                        | CUSIP: 39573AAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $812717.76    | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| GreenState Auto Receivables Trust                                        | GreenState Auto Receivables Trust 2024-1                                        | CUSIP: 39573AAF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1015060.85   | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| HPEFS Equipment Trust                                                    | HPEFS Equipment Trust 2025-2                                                    | CUSIP: 442927AE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $999498.90    | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| HPEFS Equipment Trust                                                    | HPEFS Equipment Trust 2023-2                                                    | CUSIP: 44328UAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3500000 | PA      | $3538035.03   | 0.22%             |  |  |  | Yes           |                  2 | On Loan: No      |
| The Huntington National Bank                                             | Huntington Bank Auto Credit-Linked Notes Series 2025-1                          | CUSIP: 446438SZ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3004454 | PA      | $3007548.50   | 0.19%             |  |  |  | Yes           |                  2 | On Loan: No      |
| HUNTINGTON NATIONAL BANK                                                 | Huntington National Bank/The                                                    | CUSIP: 44644MAK7<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2018002.62   | 0.12%             | 2028-04-12      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                  | Hyundai Capital America                                                         | CUSIP: 44891ACM7<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   9000000 | PA      | $9126652.86   | 0.56%             | 2026-09-21      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                  | Hyundai Capital America                                                         | CUSIP: 44891ACT2<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4042559.28   | 0.25%             | 2027-01-08      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitization Trust                                  | Hyundai Auto Lease Securitization Trust 2025-B                                  | CUSIP: 44935DAF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4250000 | PA      | $4295090.16   | 0.26%             |  |  |  | Yes           |                  2 | On Loan: No      |
| JW Commercial Mortgage Trust 2024-MRCO                                   | JW Trust 2024-BERY                                                              | CUSIP: 46676AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $3002813.70   | 0.19%             | 2039-11-15      | Floating      | 5.63%                 | Yes           |                  2 | On Loan: No      |
| JW Commercial Mortgage Trust 2024-MRCO                                   | JW Trust 2024-BERY                                                              | CUSIP: 46676AAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1600000 | PA      | $1602000.64   | 0.10%             | 2039-11-15      | Floating      | 5.97%                 | Yes           |                  2 | On Loan: No      |
| LINCOLN FIN GLBL FUNDING                                                 | Lincoln Financial Global Funding                                                | CUSIP: 53359KAC5<br>LEI: 984500OC010458395923 | Long             | DBT              | CORP              | US        |   1665000 | PA      | $1671243.48   | 0.10%             | 2030-08-18      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                 | Marsh & McLennan Cos Inc                                                        | CUSIP: 571748BZ4<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1180804.95   | 0.07%             | 2027-11-08      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| Master Credit Card Trust                                                 | Master Credit Card Trust                                                        | CUSIP: 576339DA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | CA        |   5000000 | PA      | $5259282.50   | 0.32%             |  |  |  | Yes           |                  2 | On Loan: No      |
| COREBRIDGE GLOB FUNDING                                                  | Corebridge Global Funding                                                       | CUSIP: 00138CAX6<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5136164.10   | 0.32%             | 2029-01-12      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                       | Ally Financial Inc                                                              | CUSIP: 02005NBT6<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   2060000 | PA      | $2164233.86   | 0.13%             | 2029-06-13      | Fixed         | 6.99%                 | No            |                  2 | On Loan: No      |
| BANK OF NEW ZEALAND                                                      | Bank of New Zealand                                                             | CUSIP: 06407EAD7<br>LEI: N7LGVZM7X4UQ66T7LT74 | Long             | DBT              | CORP              | NZ        |   5000000 | PA      | $5019730.60   | 0.31%             | 2027-01-27      | Floating      | 5.10%                 | Yes           |                  2 | On Loan: No      |
| BROADCOM INC                                                             | Broadcom Inc                                                                    | CUSIP: 11135FBZ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   3830000 | PA      | $3894504.52   | 0.24%             | 2027-07-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan Trust                                       | Alternative Loan Trust 2003-J3                                                  | CUSIP: 12669FFD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2064 | PA      | $2124.49      | 0.00%             | 2033-12-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                                  | Carmax Auto Owner Trust 2025-1                                                  | CUSIP: 14319WAH9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1585000 | PA      | $1599876.26   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                                                   | Chase Auto Owner Trust 2024-4                                                   | CUSIP: 16144YAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3560000 | PA      | $3595685.80   | 0.22%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CONCENTRIX CORP                                                          | Concentrix Corp                                                                 | CUSIP: 20602DAA9<br>LEI: 5493000EAJN1KMPVA737 | Long             | DBT              | CORP              | US        |   6135000 | PA      | $6217940.29   | 0.38%             | 2026-08-02      | Fixed         | 6.65%                 | No            |                  2 | On Loan: —       |
| CROWN CASTLE INC                                                         | Crown Castle Inc                                                                | CUSIP: 22822VBA8<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |   4050000 | PA      | $4106084.36   | 0.25%             | 2028-01-11      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust                                             | Dell Equipment Finance Trust 2023-1                                             | CUSIP: 24702HAL7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1500505.95   | 0.09%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                                           | Enterprise Fleet Financing 2024-2 LLC                                           | CUSIP: 29375RAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3750000 | PA      | $3874019.44   | 0.24%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ford Credit Floorplan Master Owner Trust                                 | Ford Credit Floorplan Master Owner Trust A                                      | CUSIP: 34528QHZ0<br>LEI: 5493001DTG5N7T8BG747 | Long             | ABS-O            | CORP              | US        |   8700000 | PA      | $8775935.78   | 0.54%             |  |  |  | Yes           |                  2 | On Loan: No      |
| GM Financial Revolving Receivables Trust                                 | GM Financial Revolving Receivables Trust 2023-1                                 | CUSIP: 38012RAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5112290.50   | 0.32%             |  |  |  | Yes           |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                  | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GD35<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3983645.96   | 0.25%             | 2031-10-21      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| HPEFS Equipment Trust                                                    | Hpefs Equipment Trust 2022-3                                                    | CUSIP: 403951AE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     13182 | PA      | $13195.52     | 0.00%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked Notes                                       | Ally Bank Auto Credit-Linked Notes Series 2024-B                                | CUSIP: 02007G4F7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1514804 | PA      | $1527866.18   | 0.09%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CNH INDUSTRIAL CAP LLC                                                   | CNH Industrial Capital LLC                                                      | CUSIP: 12592BAV6<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2996778.09   | 0.18%             | 2030-10-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                          | CVS Health Corp                                                                 | CUSIP: 126650DS6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   2680000 | PA      | $2684147.03   | 0.17%             | 2026-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                                                  | Canadian Natural Resources Ltd                                                  | CUSIP: 136385BB6<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |   1750000 | PA      | $1788124.96   | 0.11%             | 2029-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                                                    | Huntington Bancshares Inc/OH                                                    | CUSIP: 446150BE3<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3089162.73   | 0.19%             | 2031-01-15      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| Chase Auto Credit Linked Notes                                           | Chase Auto Credit Linked Notes Series 2025-1                                    | CUSIP: 46591HCU2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    882155 | PA      | $888406.21    | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Chesapeake Funding II LLC                                                | Chesapeake Funding II LLC                                                       | CUSIP: 165183DC5<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2030058.90   | 0.13%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CONSUMERS 23 SECURE FUND                                                 | Consumers 2023 Securitization Funding LLC                                       | CUSIP: 21071BAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1206233 | PA      | $1223772.14   | 0.08%             | 2028-03-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Drive Auto Receivables Trust                                             | Drive Auto Receivables Trust                                                    | CUSIP: 262102AF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3500000 | PA      | $3569709.68   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                       | Energy Transfer LP                                                              | CUSIP: 29273VBD1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   4110000 | PA      | $4239719.49   | 0.26%             | 2030-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                                           | Enterprise Fleet Financing 2022-4 LLC                                           | CUSIP: 29374GAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    211468 | PA      | $212403.01    | 0.01%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Evergreen Credit Card Trust                                              | Evergreen Credit Card Trust                                                     | CUSIP: 30023JDA3<br>LEI: 5493002G9KVV6J3CNU15 | Long             | ABS-O            | CORP              | CA        |   1000000 | PA      | $1003777.15   | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                                               | LAD Auto Receivables Trust 2024-3                                               | CUSIP: 505709AF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1375000 | PA      | $1377234.65   | 0.08%             |  |  |  | Yes           |                  2 | On Loan: No      |
| MMAF Equipment Finance LLC                                               | MMAF Equipment Finance LLC 2023-A                                               | CUSIP: 55317WAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    240958 | PA      | $241391.08    | 0.01%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Fannie Mae                                                               | Fannie Mae Pool                                                                 | CUSIP: 31388XVV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     81438 | PA      | $79790.88     | 0.00%             | 2033-08-01      | Floating      | 4.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                               | Fannie Mae REMICS                                                               | CUSIP: 31392EGV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     10342 | PA      | $10325.28     | 0.00%             | 2032-09-25      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust                                             | Ford Credit Auto Lease Trust 2023-B                                             | CUSIP: 34529NAH3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5035185.50   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                                             | Ford Credit Auto Owner Trust 2022-C                                             | CUSIP: 34535AAF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5027725.25   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust/Ford Credit                                 | Ford Credit Auto Owner Trust 2023-REV1                                          | CUSIP: 34535QAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6000000 | PA      | $6147580.80   | 0.38%             |  |  |  | Yes           |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust                       | GM Financial Consumer Automobile Receivables Trust 2023-3                       | CUSIP: 36267KAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $3047206.95   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                                                 | Microchip Technology Inc                                                        | CUSIP: 595017BE3<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |   1945000 | PA      | $1983301.21   | 0.12%             | 2029-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                           | Morgan Stanley                                                                  | CUSIP: 61747YFK6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2855000 | PA      | $2932439.36   | 0.18%             | 2030-01-16      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                 | Government National Mortgage Association                                        | CUSIP: 38375B3Y6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    111693 | PA      | $111777.74    | 0.01%             | 2063-07-20      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| GreenState Auto Receivables Trust                                        | GreenState Auto Receivables Trust 2024-1                                        | CUSIP: 39573AAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    866000 | PA      | $878880.71    | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Chase Auto Credit Linked Notes                                           | Chase Auto Credit Linked Notes Series 2025-1                                    | CUSIP: 46591HCT5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1170295 | PA      | $1177684.28   | 0.07%             |  |  |  | Yes           |                  2 | On Loan: No      |
| LINCOLN FIN GLBL FUNDING                                                 | Lincoln Financial Global Funding                                                | CUSIP: 53359KAA9<br>LEI: 984500OC010458395923 | Long             | DBT              | CORP              | US        |   1695000 | PA      | $1754820.11   | 0.11%             | 2030-01-13      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDIN                                                 | MassMutual Global Funding II                                                    | CUSIP: 57629W5B2<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4087308.00   | 0.25%             | 2029-01-17      | Fixed         | 4.85%                 | Yes           |                  2 | On Loan: No      |
| NBN CO LTD                                                               | NBN Co Ltd                                                                      | CUSIP: 62878U2H4<br>LEI: 2549007CRZ2NT7S96A24 | Long             | DBT              | CORP              | AU        |   2070000 | PA      | $2062527.20   | 0.13%             | 2027-10-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Master Credit Card Trust                                                 | Master Credit Card Trust II                                                     | CUSIP: 576339DH5<br>LEI: 549300G7G68IV2D8IM76 | Long             | ABS-O            | CORP              | CA        |   2000000 | PA      | $2001860.20   | 0.12%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Master Credit Card Trust                                                 | Master Credit Card Trust II                                                     | CUSIP: 576339DS1<br>LEI: 549300G7G68IV2D8IM76 | Long             | ABS-O            | CORP              | CA        |   2000000 | PA      | $2067096.90   | 0.13%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Mississippi Higher Education Assistance Corp.                            | Mississippi Higher Education Assistance Corp                                    | CUSIP: 60535YAA1<br>LEI: 549300HWPV47979HMV21 | Long             | ABS-O            | CORP              | US        |    430411 | PA      | $429009.00    | 0.03%             | 2035-10-25      | Floating      | 3.16%                 | No            |                  2 | On Loan: No      |
| Navistar Financial Dealer Note Master Trust                              | Navistar Financial Dealer Note Master Owner Trust                               | CUSIP: 63938PBX6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2080000 | PA      | $2091729.22   | 0.13%             |  |  |  | Yes           |                  2 | On Loan: No      |
| NATWEST MARKETS PLC                                                      | NatWest Markets PLC                                                             | CUSIP: 63906YAE8<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |   6000000 | PA      | $6025503.36   | 0.37%             | 2026-09-29      | Floating      | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Navistar Financial Dealer Note Master Trust                              | Navistar Financial Dealer Note Master Owner Trust                               | CUSIP: 63938PBW8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $3017604.75   | 0.19%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Navistar Financial Dealer Note Master Trust                              | Navistar Financial Dealer Note Master Owner Trust                               | CUSIP: 63938PBY4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2850000 | PA      | $2866635.59   | 0.18%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Navistar Financial Dealer Note Master Trust                              | Navistar Financial Dealer Note Master Owner Trust II 2025-1                     | CUSIP: 63938PCB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1460000 | PA      | $1451565.58   | 0.09%             |  |  |  | Yes           |                  2 | On Loan: No      |
| NextGear Floorplan Master Owner Trust                                    | NextGear Floorplan Master Owner Trust                                           | CUSIP: 65346CAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9662000 | PA      | $9657504.75   | 0.60%             |  |  |  | Yes           |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                                                  | Nissan Motor Acceptance Co LLC                                                  | CUSIP: 65480CAE5<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2534439.28   | 0.16%             | 2026-09-15      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| NextGear Floorplan Master Owner Trust                                    | NextGear Floorplan Master Owner Trust                                           | CUSIP: 65341KCD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6000000 | PA      | $6034012.50   | 0.37%             |  |  |  | Yes           |                  2 | On Loan: No      |
| NextGear Floorplan Master Owner Trust                                    | NextGear Floorplan Master Owner Trust                                           | CUSIP: 65341KCG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6662000 | PA      | $6689292.88   | 0.41%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Nissan Auto Lease Trust                                                  | Nissan Auto Lease Trust 2025-B                                                  | CUSIP: 65481RAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3200000 | PA      | $3222449.12   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| ORL TRUST                                                                | ORL Trust 2024-GLKS                                                             | CUSIP: 67120DAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7000000 | PA      | $7008739.50   | 0.43%             | 2039-12-15      | Floating      | 5.92%                 | Yes           |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                                                  | Nissan Motor Acceptance Co LLC                                                  | CUSIP: 65480CAJ4<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3990589.64   | 0.25%             | 2027-09-13      | Floating      | 6.21%                 | Yes           |                  2 | On Loan: No      |
| PenFed Auto Receivables Owner Trust                                      | PenFed Auto Receivables Owner Trust 2022-A                                      | CUSIP: 706874AG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $800567.08    | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| ONEOK INC                                                                | ONEOK Inc                                                                       | CUSIP: 682680BJ1<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2593336.18   | 0.16%             | 2028-11-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| PFS Financing Corp.                                                      | PFS Financing Corp                                                              | CUSIP: 69335PEZ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4250000 | PA      | $4287198.13   | 0.26%             |  |  |  | Yes           |                  2 | On Loan: No      |
| PFS Financing Corp.                                                      | PFS Financing Corp                                                              | CUSIP: 69335PFQ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4011562.00   | 0.25%             |  |  |  | Yes           |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                   | PNC Financial Services Group Inc/The                                            | CUSIP: 693475BL8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2001714.14   | 0.12%             | 2027-01-26      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| ARI Fleet Lease Trust                                                    | ARI Fleet Lease Trust 2024-A                                                    | CUSIP: 00218KAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1490699 | PA      | $1500042.62   | 0.09%             |  |  |  | Yes           |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                   | Philip Morris International Inc                                                 | CUSIP: 718172DY2<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3941961.60   | 0.24%             | 2030-10-29      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Porsche Innovative Lease Owner Trust                                     | Porsche Innovative Lease Owner Trust 2024-2                                     | CUSIP: 73328NAF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3495000 | PA      | $3499189.63   | 0.22%             |  |  |  | Yes           |                  2 | On Loan: No      |
| PRICOA GLOBAL FUNDING 1                                                  | Pricoa Global Funding I                                                         | CUSIP: 74153WCT4<br>LEI: 635400IBXEBMD9ADYA79 | Long             | DBT              | CORP              | US        |   2855000 | PA      | $2889361.87   | 0.18%             | 2026-08-28      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC SERVICE ENTERPRIS                                                 | Public Service Enterprise Group Inc                                             | CUSIP: 744573BA3<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |   3740000 | PA      | $3821696.63   | 0.24%             | 2030-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| REGIONS FINANCIAL CORP                                                   | Regions Financial Corp                                                          | CUSIP: 7591EPAU4<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |   3305000 | PA      | $3435840.36   | 0.21%             | 2030-06-06      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                                         | Ryder System Inc                                                                | CUSIP: 78355HKX6<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5301717.65   | 0.33%             | 2028-12-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitization Trust                                | SFS Auto Receivables Securitization Trust 2025-3                                | CUSIP: 78398KAF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5500000 | PA      | $5499423.88   | 0.34%             |  |  |  | Yes           |                  2 | On Loan: No      |
| SBNA Auto Receivables Trust                                              | SBNA Auto Receivables Trust 2025-SF1                                            | CUSIP: 78437XAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2225000 | PA      | $2239960.34   | 0.14%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                                   | Santander Drive Auto Receivables Trust 2024-2                                   | CUSIP: 80286YAF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  13000000 | PA      | $13488822.75  | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                                   | Santander Drive Auto Receivables Trust 2023-1                                   | CUSIP: 80287GAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2934078 | PA      | $2953450.12   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                                                   | Sequoia Mortgage Trust 2013-2                                                   | CUSIP: 81745MAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    306717 | PA      | $263993.22    | 0.02%             | 2043-02-25      | Variable      | 1.87%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitization Trust                                | SFS Auto Receivables Securitization Trust 2025-1                                | CUSIP: 81885BAL9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6000000 | PA      | $6111596.40   | 0.38%             |  |  |  | Yes           |                  2 | On Loan: No      |
| SYNOPSYS INC                                                             | Synopsys Inc                                                                    | CUSIP: 871607AC1<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |   4615000 | PA      | $4698224.51   | 0.29%             | 2030-04-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                    | Toronto-Dominion Bank/The                                                       | CUSIP: 89115A3D2<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   4000000 | PA      | $4032018.84   | 0.25%             | 2029-12-17      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Trillium Credit Card Trust II                                            | Trillium Credit Card Trust II                                                   | CUSIP: 89621ABN8<br>LEI: 549300P7QN1SDIOQVL28 | Long             | ABS-O            | CORP              | CA        |   3000000 | PA      | $3002048.40   | 0.19%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Trillium Credit Card Trust II                                            | Trillium Credit Card Trust II                                                   | CUSIP: 89621ACD9<br>LEI: 549300P7QN1SDIOQVL28 | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $3001433.40   | 0.19%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Navient Student Loan Trust                                               | Navient Private Education Refi Loan Trust 2021-c                                | CUSIP: 63942JAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3665285 | PA      | $3363900.12   | 0.21%             |  |  |  | Yes           |                  2 | On Loan: No      |
| PFS Financing Corp.                                                      | PFS Financing Corp                                                              | CUSIP: 69335PGB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2250000 | PA      | $2255425.43   | 0.14%             |  |  |  | Yes           |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                    | Truist Financial Corp                                                           | CUSIP: 89788MAN2<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4041224.52   | 0.25%             | 2027-06-08      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                    | Truist Financial Corp                                                           | CUSIP: 89788MAQ5<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2162161.98   | 0.13%             | 2029-10-30      | Fixed         | 7.16%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                    | Truist Financial Corp                                                           | CUSIP: 89788MAR3<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2067513.40   | 0.13%             | 2030-01-24      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| Truist Bank Auto Credit-Linked Notes                                     | Truist Bank Auto Credit-Linked Notes Series 2025-1                              | CUSIP: 897926CC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2531501 | PA      | $2534490.61   | 0.16%             |  |  |  | Yes           |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                     | Royal Bank of Canada                                                            | CUSIP: 78017DAA6<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   3990000 | PA      | $4057673.31   | 0.25%             | 2029-01-24      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitization Trust                                | SFS Auto Receivables Securitization Trust 2024-2                                | CUSIP: 78397XAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2557737.63   | 0.16%             |  |  |  | Yes           |                  2 | On Loan: No      |
| TYSON FOODS INC                                                          | Tyson Foods Inc                                                                 | CUSIP: 902494BL6<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |   4045000 | PA      | $4175443.85   | 0.26%             | 2029-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                               | US Bancorp                                                                      | CUSIP: 91159HJM3<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6232601.52   | 0.38%             | 2029-06-12      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| VERISK ANALYTICS INC                                                     | Verisk Analytics Inc                                                            | CUSIP: 92345YAM8<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |    900000 | PA      | $904370.63    | 0.06%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                                                     | Verizon Master Trust                                                            | CUSIP: 92348KCT8<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   3260000 | PA      | $3345616.73   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Verizon Master Trust                                                     | Verizon Master Trust                                                            | CUSIP: 92348KEE9<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |  10150000 | PA      | $10360842.91  | 0.64%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Verizon Master Trust                                                     | Verizon Master Trust                                                            | CUSIP: 92348KER0<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   3830000 | PA      | $3844317.31   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Wheels Fleet Lease Funding LLC                                           | Wheels Fleet Lease Funding 1 LLC                                                | CUSIP: 96328GCM7<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-O            | CORP              | US        |   1750000 | PA      | $1758887.99   | 0.11%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Tesla Auto Lease Trust                                                   | Tesla Auto Lease Trust 2023-A                                                   | CUSIP: 88167PAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2479605 | PA      | $2482342.36   | 0.15%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Wheels Fleet Lease Funding LLC                                           | Wheels Fleet Lease Funding 1 LLC                                                | CUSIP: 96328GCH8<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-O            | CORP              | US        |   3900000 | PA      | $3931142.87   | 0.24%             |  |  |  | Yes           |                  2 | On Loan: No      |
| AIRCASTLE / IRELAND DAC                                                  | Aircastle Ltd / Aircastle Ireland DAC                                           | CUSIP: 00929JAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   4130000 | PA      | $4162856.01   | 0.26%             | 2030-09-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked Notes                                       | Ally Bank Auto Credit-Linked Notes Series 2024-A                                | CUSIP: 02007GZ71<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    518047 | PA      | $524983.75    | 0.03%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ally Auto Receivables Trust                                              | ALLY AUTO RECEIVABLES TRUST 2023-A                                              | CUSIP: 02008NAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5102500 | PA      | $5165122.47   | 0.32%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Banc of America Mortgage Securities                                      | Banc of America Mortgage 2003-B Trust                                           | CUSIP: 06050HD39<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1785 | PA      | $1697.47      | 0.00%             | 2033-03-25      | Variable      | 5.72%                 | No            |                  2 | On Loan: No      |
| BIOGEN INC                                                               | Biogen Inc                                                                      | CUSIP: 09062XAN3<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |   3635000 | PA      | $3744558.75   | 0.23%             | 2031-01-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| CARDS II Trust                                                           | CARDS II Trust                                                                  | CUSIP: 14161GCL2<br>LEI: 549300GWPYLNK6X47W76 | Long             | ABS-O            | CORP              | CA        |   2000000 | PA      | $2016707.90   | 0.12%             |  |  |  | Yes           |                  2 | On Loan: No      |
| COLUMBIA PIPELINE HOLDCO                                                 | Columbia Pipelines Holding Co LLC                                               | CUSIP: 19828AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3180000 | PA      | $3312586.70   | 0.20%             | 2028-08-15      | Fixed         | 6.04%                 | Yes           |                  2 | On Loan: No      |
| COMERICA INC                                                             | Comerica Inc                                                                    | CUSIP: 200340AW7<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | DBT              | CORP              | US        |   3675000 | PA      | $3824057.49   | 0.24%             | 2030-01-30      | Fixed         | 5.98%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                                                 | Penske Truck Leasing Co Lp / PTL Finance Corp                                   | CUSIP: 709599BS2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3340000 | PA      | $3434812.28   | 0.21%             | 2028-02-01      | Fixed         | 5.70%                 | Yes           |                  2 | On Loan: No      |
| SBNA Auto Lease Trust                                                    | SBNA Auto Lease Trust 2024-C                                                    | CUSIP: 78398DAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3060000 | PA      | $3064968.68   | 0.19%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Linked Notes                                  | Santander Bank Auto Credit-Linked Notes Series 2024-B                           | CUSIP: 80280BAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2405106 | PA      | $2420162.09   | 0.15%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                                   | Santander Drive Auto Receivables Trust 2024-5                                   | CUSIP: 802920AG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7500000 | PA      | $7597861.50   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| TEXAS Commercial Mortgage Trust                                          | TEXAS Commercial Mortgage Trust 2025-TWR                                        | CUSIP: 88231WAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4000000 | PA      | $3992500.00   | 0.25%             | 2042-04-15      | Floating      | 5.33%                 | Yes           |                  3 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                 | Toyota Motor Credit Corp                                                        | CUSIP: 89236TLL7<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4081475.80   | 0.25%             | 2029-01-05      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                    | Truist Financial Corp                                                           | CUSIP: 89788MAU6<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3072669.75   | 0.19%             | 2031-05-20      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                   | U.S. Treasury Notes                                                             | CUSIP: 91282CLY5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  30000000 | PA      | $30166806.00  | 1.86%             | 2026-11-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                                                 | Volkswagen Group of America Finance LLC                                         | CUSIP: 928668CD2<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5004735.00   | 0.31%             | 2026-03-20      | Floating      | 4.96%                 | Yes           |                  2 | On Loan: No      |
| Wheels Fleet Lease Funding LLC                                           | Wheels Fleet Lease Funding 1 LLC                                                | CUSIP: 96328GCS4<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-O            | CORP              | US        |   2400000 | PA      | $2423433.60   | 0.15%             |  |  |  | Yes           |                  2 | On Loan: No      |
| AIR LEASE CORP                                                           | Air Lease Corp                                                                  | CUSIP: 00914AAV4<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4057547.60   | 0.25%             | 2029-03-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked Notes                                       | Ally Bank Auto Credit-Linked Notes Series 2025-B                                | CUSIP: 02007G6R9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2700000 | PA      | $2716303.95   | 0.17%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked Notes                                       | Ally Bank Auto Credit-Linked Notes Series 2025-B                                | CUSIP: 02007G6S7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2200000 | PA      | $2213301.75   | 0.14%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CARDS II Trust                                                           | CARDS II Trust                                                                  | CUSIP: 14161GCK4<br>LEI: 549300GWPYLNK6X47W76 | Long             | ABS-O            | CORP              | CA        |   2300000 | PA      | $2316592.09   | 0.14%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CITIBANK NA                                                              | Citibank NA                                                                     | CUSIP: 17325FBF4<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4022747.08   | 0.25%             | 2026-04-30      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                                       | Credit Agricole SA                                                              | CUSIP: 22535WAP2<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   5000000 | PA      | $5091665.20   | 0.31%             | 2029-01-09      | Fixed         | 5.23%                 | Yes           |                  2 | On Loan: No      |
| Dell Equipment Finance Trust                                             | Dell Equipment Finance Trust 2023-3                                             | CUSIP: 24702EAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4153000 | PA      | $4196077.62   | 0.26%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Dell Equipment Finance Trust                                             | Dell Equipment Finance Trust 2023-3                                             | CUSIP: 24702EAF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1519803.98   | 0.09%             |  |  |  | Yes           |                  2 | On Loan: No      |
| ENBRIDGE INC                                                             | Enbridge Inc                                                                    | CUSIP: 29250NBW4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    890000 | PA      | $905004.81    | 0.06%             | 2026-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                             | Enbridge Inc                                                                    | CUSIP: 29250NCA1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   4000000 | PA      | $4060850.68   | 0.25%             | 2027-04-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                        | Eversource Energy                                                               | CUSIP: 30040WBB3<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |   2725000 | PA      | $2716570.87   | 0.17%             | 2030-12-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                              | Freddie Mac Pool                                                                | CUSIP: 3132DWLN1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7736946 | PA      | $8006691.65   | 0.49%             | 2054-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                              | Freddie Mac REMICS                                                              | CUSIP: 31398EDL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     32164 | PA      | $32237.10     | 0.00%             | 2036-07-15      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                               | Fannie Mae Pool                                                                 | CUSIP: 3140A1VM6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7208228 | PA      | $7379282.92   | 0.45%             | 2053-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Ford Credit Floorplan Master Owner Trust                                 | Ford Credit Floorplan Master Owner Trust A                                      | CUSIP: 34528QJR6<br>LEI: 5493001DTG5N7T8BG747 | Long             | ABS-O            | CORP              | US        |   5755000 | PA      | $5699845.23   | 0.35%             |  |  |  | Yes           |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                   | General Motors Financial Co Inc                                                 | CUSIP: 37045XDQ6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5005523.05   | 0.31%             | 2027-02-26      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitization Trust                                  | Hyundai Auto Lease Securitization Trust 2024-B                                  | CUSIP: 44934FAF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4900000 | PA      | $4962850.10   | 0.31%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                                           | Hyundai Auto Receivables Trust 2025-C                                           | CUSIP: 44935JAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4006353.60   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitization Trust                                  | Hyundai Auto Lease Securitization Trust 2025-A                                  | CUSIP: 44935WAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1945000 | PA      | $1968232.64   | 0.12%             |  |  |  | Yes           |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                      | JPMorgan Chase & Co                                                             | CUSIP: 46647PEA0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5053004.70   | 0.31%             | 2028-01-23      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                                                  | Metropolitan Life Global Funding I                                              | CUSIP: 59217GFR5<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4086149.96   | 0.25%             | 2029-01-08      | Fixed         | 4.85%                 | Yes           |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                                                 | Microchip Technology Inc                                                        | CUSIP: 595017BL7<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |   1835000 | PA      | $1872466.42   | 0.12%             | 2030-02-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                                               | Navient Private Education Refi Loan Trust 2020-H                                | CUSIP: 63935BAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    754699 | PA      | $712963.73    | 0.04%             |  |  |  | Yes           |                  2 | On Loan: No      |
| PFS Financing Corp.                                                      | PFS Financing Corp                                                              | CUSIP: 69335PFK6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6750000 | PA      | $6912763.43   | 0.43%             |  |  |  | Yes           |                  2 | On Loan: No      |
| PenFed Auto Receivables Owner Trust                                      | PenFed Auto Receivables Owner Trust 2022-A                                      | CUSIP: 706874AE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $700085.51    | 0.04%             |  |  |  | Yes           |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                   | Philip Morris International Inc                                                 | CUSIP: 718172CZ0<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4070523.24   | 0.25%             | 2028-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SBNA Auto Receivables Trust                                              | SBNA Auto Receivables Trust 2025-SF1                                            | CUSIP: 78437XAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    575000 | PA      | $579816.52    | 0.04%             |  |  |  | Yes           |                  2 | On Loan: No      |
| SOUTHERN POWER CO                                                        | Southern Power Co                                                               | CUSIP: 843646AX8<br>LEI: 5LADC78JBG2BMZD5XF57 | Long             | DBT              | CORP              | US        |   1080000 | PA      | $1074224.67   | 0.07%             | 2030-10-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                       | Union Pacific Corp                                                              | CUSIP: 907818GE2<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |   2210000 | PA      | $2212694.43   | 0.14%             | 2026-02-21      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                   | U.S. Treasury Notes                                                             | CUSIP: 91282CPB1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  30000000 | PA      | $29942844.00  | 1.85%             | 2027-09-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                                                     | Verizon Master Trust                                                            | CUSIP: 92348KDU4<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1010831.20   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                    | Wells Fargo & Co                                                                | CUSIP: 95000U3J0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   3635000 | PA      | $3740944.87   | 0.23%             | 2030-01-23      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Wheels Fleet Lease Funding LLC                                           | Wheels Fleet Lease Funding 1 LLC                                                | CUSIP: 96328GCR6<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-O            | CORP              | US        |   1287000 | PA      | $1299212.28   | 0.08%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Daimler Trucks Retail Trust                                              | Daimler Trucks Retail Trust 2024-1                                              | CUSIP: 233874AD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4067149.80   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust                                             | Dell Equipment Finance Trust 2023-2                                             | CUSIP: 24703GAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5013457.50   | 0.31%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Dell Equipment Finance Trust                                             | Dell Equipment Finance Trust 2025-1                                             | CUSIP: 24703UAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    520000 | PA      | $526028.00    | 0.03%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Dell Equipment Finance Trust                                             | Dell Equipment Finance Trust 2025-2                                             | CUSIP: 24703VAL5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3500000 | PA      | $3525495.58   | 0.22%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Dell Equipment Finance Trust                                             | Dell Equipment Finance Trust 2024-2                                             | CUSIP: 24704EAL2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3250000 | PA      | $3273253.43   | 0.20%             |  |  |  | Yes           |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                         | Deutsche Bank AG/New York NY                                                    | CUSIP: 251526DB2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   4000000 | PA      | $4038426.88   | 0.25%             | 2031-08-04      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                                                 | Electricite de France SA                                                        | CUSIP: 28504DAB9<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |   1345000 | PA      | $1389101.82   | 0.09%             | 2028-05-23      | Fixed         | 5.70%                 | Yes           |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                                           | Enterprise Fleet Financing 2024-4 LLC                                           | CUSIP: 29374MAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1667290 | PA      | $1671416.27   | 0.10%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                                           | Enterprise Fleet Financing 2023-1 LLC                                           | CUSIP: 29375CAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    600290 | PA      | $601692.81    | 0.04%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                                           | Enterprise Fleet Financing 2024-3 LLC                                           | CUSIP: 29375QAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3250000 | PA      | $3320657.93   | 0.20%             |  |  |  | Yes           |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                      | American Tower Corp                                                             | CUSIP: 03027XCN8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |   1805000 | PA      | $1843240.30   | 0.11%             | 2030-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Evergreen Credit Card Trust                                              | Evergreen Credit Card Trust                                                     | CUSIP: 30023JCS5<br>LEI: 5493002G9KVV6J3CNU15 | Long             | ABS-O            | CORP              | CA        |   3000000 | PA      | $3026792.55   | 0.19%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Evergreen Credit Card Trust                                              | Evergreen Credit Card Trust                                                     | CUSIP: 30023JCT3<br>LEI: 5493002G9KVV6J3CNU15 | Long             | ABS-O            | CORP              | CA        |   4000000 | PA      | $4021415.20   | 0.25%             |  |  |  | Yes           |                  3 | On Loan: No      |
| META PLATFORMS INC                                                       | Meta Platforms Inc                                                              | CUSIP: 30303MAB8<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |   2295000 | PA      | $2293127.33   | 0.14%             | 2030-11-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                               | Fannie Mae REMICS                                                               | CUSIP: 3136BB3Z3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2986455 | PA      | $2840551.29   | 0.18%             | 2060-10-25      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities                                 | Freddie Mac Structured Pass-Through Certificates                                | CUSIP: 31392W7B0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     69589 | PA      | $72856.94     | 0.00%             | 2043-09-25      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                               | Fannie Mae REMICS                                                               | CUSIP: 31396XB29<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    278818 | PA      | $276540.87    | 0.02%             | 2037-07-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Federated Core Trust III - Federated Project and Trade Finance Core Fund | FEDERATED CORE TR III FEDERATED PROJ+TRADE FIN CORE                             | CUSIP: 31415N103<br>LEI: 549300K79QCJYF3J1472 | Long             | EC               | RF                | US        |   2551690 | NS      | $22812107.72  | 1.41%             |  |  |  | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                                      | Fifth Third Bancorp                                                             | CUSIP: 316773DK3<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |   4430000 | PA      | $4658315.16   | 0.29%             | 2029-07-27      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| First National Master Note Trust                                         | First National Master Note Trust                                                | CUSIP: 32113CBV1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4600000 | PA      | $4622110.13   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| First National Master Note Trust                                         | First National Master Note Trust                                                | CUSIP: 32113CCB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2550709.00   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                                             | Ford Credit Auto Owner Trust 2024-D                                             | CUSIP: 34535VAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3250000 | PA      | $3303930.50   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Golden Credit Card Trust                                                 | Golden Credit Card Trust                                                        | CUSIP: 380881FC1<br>LEI: 549300BEDPMEONLTJX58 | Long             | ABS-O            | CORP              | US        |   7000000 | PA      | $6845776.00   | 0.42%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Green Tree Home Improvement Loan Trust                                   | Green Tree Home Improvement Loan Trust                                          | CUSIP: 393505VQ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2069120 | PA      | $21409.91     | 0.00%             | 2028-08-15      | Fixed         | 7.59%                 | No            |                  2 | On Loan: No      |
| HPEFS Equipment Trust                                                    | HPEFS Equipment Trust 2024-1                                                    | CUSIP: 403963AF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $3026952.15   | 0.19%             |  |  |  | Yes           |                  2 | On Loan: No      |
| HCA INC                                                                  | HCA Inc                                                                         | CUSIP: 404119CP2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1840000 | PA      | $1884299.69   | 0.12%             | 2028-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                  | HCA Inc                                                                         | CUSIP: 404119CZ0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1920000 | PA      | $1985097.31   | 0.12%             | 2030-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HPEFS Equipment Trust                                                    | HPEFS Equipment Trust 2024-2                                                    | CUSIP: 40444MAL5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $4597623.23   | 0.28%             |  |  |  | Yes           |                  2 | On Loan: No      |
| HPEFS Equipment Trust                                                    | HPEFS Equipment Trust 2025-2                                                    | CUSIP: 442927AF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1750000 | PA      | $1748970.04   | 0.11%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                                           | Hyundai Auto Receivables Trust 2024-A                                           | CUSIP: 448973AG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $3063594.60   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitization Trust                                  | Hyundai Auto Lease Securitization Trust 2024-A                                  | CUSIP: 448988AF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5036098.25   | 0.31%             |  |  |  | Yes           |                  2 | On Loan: No      |
| JW Commercial Mortgage Trust 2024-MRCO                                   | JW Commercial Mortgage Trust 2024-MRCO                                          | CUSIP: 46657XAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8000000 | PA      | $8015014.40   | 0.49%             | 2039-06-15      | Floating      | 6.42%                 | Yes           |                  2 | On Loan: No      |
| JW Commercial Mortgage Trust 2024-MRCO                                   | JW Trust 2024-BERY                                                              | CUSIP: 46676AAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1050000 | PA      | $1051642.20   | 0.06%             | 2039-11-15      | Floating      | 6.27%                 | Yes           |                  2 | On Loan: No      |
| Kubota Credit Owner Trust                                                | Kubota Credit Owner Trust 2023-1                                                | CUSIP: 50117KAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2053541 | PA      | $2061017.18   | 0.13%             |  |  |  | Yes           |                  2 | On Loan: No      |
| MPLX LP                                                                  | MPLX LP                                                                         | CUSIP: 55336VCA6<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   3980000 | PA      | $4014786.35   | 0.25%             | 2031-02-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ARI Fleet Lease Trust                                                    | ARI Fleet Lease Trust 2024-B                                                    | CUSIP: 04033HAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2750000 | PA      | $2796745.46   | 0.17%             |  |  |  | Yes           |                  2 | On Loan: No      |
| BROADCOM INC                                                             | Broadcom Inc                                                                    | CUSIP: 11135FCW9<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1996755.16   | 0.12%             | 2030-10-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                                  | CarMax Auto Owner Trust 2022-1                                                  | CUSIP: 14317CAF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7250000 | PA      | $7185539.53   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK NA                                                              | Citibank NA                                                                     | CUSIP: 17325FBM9<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4008670.72   | 0.25%             | 2027-11-19      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| Master Credit Card Trust                                                 | Master Credit Card Trust II                                                     | CUSIP: 576339DR3<br>LEI: 549300G7G68IV2D8IM76 | Long             | ABS-O            | CORP              | CA        |   1000000 | PA      | $1034052.70   | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                                                     | Mercedes-Benz Finance North America LLC                                         | CUSIP: 58769JAY3<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |   4135000 | PA      | $4164476.55   | 0.26%             | 2027-11-15      | Floating      | 5.11%                 | Yes           |                  2 | On Loan: No      |
| Federated Government Obligations Fund                                    | Federated Hermes Government Obligations Fund                                    | CUSIP: 608919718<br>LEI: 254900VAJ9169N7JRF45 | Long             | STIV             | RF                | US        |  98833129 | NS      | $98833128.70  | 6.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                                           | Morgan Stanley                                                                  | CUSIP: 61747YFP5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   5995000 | PA      | $6119862.78   | 0.38%             | 2028-04-13      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust                                             | Dell Equipment Finance Trust 2025-1                                             | CUSIP: 24703UAJ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    870000 | PA      | $881956.19    | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Evergreen Credit Card Trust                                              | Evergreen Credit Card Trust                                                     | CUSIP: 30023JCX4<br>LEI: 5493002G9KVV6J3CNU15 | Long             | ABS-O            | CORP              | CA        |   2300000 | PA      | $2329576.62   | 0.14%             |  |  |  | Yes           |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                                                  | National Bank of Canada                                                         | CUSIP: 63307A3B9<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |   3000000 | PA      | $3029028.27   | 0.19%             | 2029-10-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                                               | Navient Private Education Refi Loan Trust 2019-D                                | CUSIP: 63941CAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1606441 | PA      | $1568774.58   | 0.10%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Nelnet Student Loan Trust                                                | Nelnet Student Loan Trust 2021-D                                                | CUSIP: 64034YAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5959595 | PA      | $5869362.08   | 0.36%             |  |  |  | Yes           |                  2 | On Loan: No      |
| ORACLE CORP                                                              | Oracle Corp                                                                     | CUSIP: 68389XDH5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1875000 | PA      | $1859950.95   | 0.11%             | 2030-09-26      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| PFS Financing Corp.                                                      | PFS Financing Corp                                                              | CUSIP: 69335PEU5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7200000 | PA      | $7266237.12   | 0.45%             |  |  |  | Yes           |                  2 | On Loan: No      |
| PFS Financing Corp.                                                      | PFS Financing Corp                                                              | CUSIP: 69335PEW1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7450000 | PA      | $7490775.34   | 0.46%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Fannie Mae                                                               | Fannie Mae REMICS                                                               | CUSIP: 31396Q6Q7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     79959 | PA      | $80423.50     | 0.00%             | 2037-04-25      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                              | Freddie Mac REMICS                                                              | CUSIP: 31398EK29<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     97627 | PA      | $98440.59     | 0.01%             | 2037-07-15      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Ford Credit Floorplan Master Owner Trust                                 | Ford Credit Floorplan Master Owner Trust A                                      | CUSIP: 34528QHY3<br>LEI: 5493001DTG5N7T8BG747 | Long             | ABS-O            | CORP              | US        |   7500000 | PA      | $7542281.25   | 0.46%             |  |  |  | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                 | Ford Motor Credit Co LLC                                                        | CUSIP: 345397C92<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5202135.15   | 0.32%             | 2028-05-12      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                                                   | GE HealthCare Technologies Inc                                                  | CUSIP: 36266GAA5<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |   2325000 | PA      | $2372885.07   | 0.15%             | 2029-08-14      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| GM Financial Automobile Leasing Trust                                    | Gm Financial Automobile Leasing Trust 2025-2                                    | CUSIP: 362962AG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4047365.00   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| NATIONAL GRID PLC                                                        | National Grid PLC                                                               | CUSIP: 636274AD4<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | DBT              | CORP              | GB        |   1645000 | PA      | $1702979.87   | 0.10%             | 2028-06-12      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, Inc.                                         | RALI Series 2004-QA4 Trust                                                      | CUSIP: 76110HZF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     51567 | PA      | $42035.27     | 0.00%             | 2034-09-25      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| PFS Financing Corp.                                                      | PFS Financing Corp                                                              | CUSIP: 69335PFF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3500000 | PA      | $3535074.20   | 0.22%             |  |  |  | Yes           |                  2 | On Loan: No      |
| PACIFIC LIFE GF II                                                       | Pacific Life Global Funding II                                                  | CUSIP: 6944PL2S7<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4072881.36   | 0.25%             | 2028-04-04      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                     | Royal Bank of Canada                                                            | CUSIP: 78017DAQ1<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   4000000 | PA      | $3979110.20   | 0.25%             | 2031-11-03      | Fixed         | 4.31%                 | No            |                  2 | On Loan: No      |
| Securitized Term Auto Receivables Trust                                  | Securitized Term Auto Receivables Trust                                         | CUSIP: 81378RAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | CA        |    850010 | PA      | $854238.75    | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                                   | Santander Drive Auto Receivables Trust 2024-1                                   | CUSIP: 80288AAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1850000 | PA      | $1872413.31   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                                   | Santander Drive Auto Receivables Trust 2025-1                                   | CUSIP: 80288DAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9500000 | PA      | $9650955.00   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                                   | Santander Drive Auto Receivables Trust 2025-3                                   | CUSIP: 80288JAF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10300000 | PA      | $10410262.53  | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Securitized Term Auto Receivables Trust                                  | Securitized Term Auto Receivables Trust                                         | CUSIP: 81378RAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | CA        |   1020012 | PA      | $1027414.43   | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Securitized Term Auto Receivables Trust                                  | Securitized Term Auto Receivables Trust                                         | CUSIP: 81378RAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | CA        |    782009 | PA      | $792288.92    | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| U.S. Bank National Association                                           | US Bank NA                                                                      | CUSIP: 90357PAV6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    834086 | PA      | $843560.81    | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| SOLVENTUM CORP                                                           | Solventum Corp                                                                  | CUSIP: 83444MAP6<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |   1551000 | PA      | $1604517.08   | 0.10%             | 2029-03-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| SYNOVUS BANK GA                                                          | Synovus Bank/Columbus GA                                                        | CUSIP: 87164DVJ6<br>LEI: DX0JX77PRMOELF7VG772 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4083337.32   | 0.25%             | 2028-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                                                     | Verizon Master Trust                                                            | CUSIP: 92348VAC3<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   3770000 | PA      | $3805760.34   | 0.23%             |  |  |  | Yes           |                  2 | On Loan: No      |
| World Omni Automobile Lease Securitization Trust                         | World Omni Automobile Lease Securitization Trust 2025-A                         | CUSIP: 98164PAF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8000000 | PA      | $8045246.00   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Tesla Auto Lease Trust                                                   | Tesla Auto Lease Trust 2023-B                                                   | CUSIP: 88167QAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5700000 | PA      | $5705691.74   | 0.35%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Tesla Auto Lease Trust                                                   | Tesla Auto Lease Trust 2024-B                                                   | CUSIP: 881934AG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5325000 | PA      | $5362145.87   | 0.33%             |  |  |  | Yes           |                  2 | On Loan: No      |
| TEXAS Commercial Mortgage Trust                                          | TEXAS Commercial Mortgage Trust 2025-TWR                                        | CUSIP: 88231WAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1125000 | PA      | $1120078.24   | 0.07%             | 2042-04-15      | Floating      | 5.62%                 | Yes           |                  3 | On Loan: No      |
| Trillium Credit Card Trust II                                            | Trillium Credit Card Trust II                                                   | CUSIP: 89621ACB3<br>LEI: 549300P7QN1SDIOQVL28 | Long             | ABS-O            | CORP              | CA        |   1000000 | PA      | $1000904.10   | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Verizon Master Trust                                                     | Verizon Master Trust                                                            | CUSIP: 92348KCP6<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   8000000 | PA      | $8092247.20   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Verizon Master Trust                                                     | Verizon Master Trust                                                            | CUSIP: 92348KDQ3<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   7750000 | PA      | $7862248.68   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                  | WaMu Mortgage Pass-Through Certificates Series 2006-AR15 Trust                  | CUSIP: 93363QAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    134336 | PA      | $124545.89    | 0.01%             | 2046-11-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| ARI Fleet Lease Trust                                                    | ARI Fleet Lease Trust 2024-A                                                    | CUSIP: 00218KAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1625000 | PA      | $1650921.11   | 0.10%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked Notes                                       | Ally Bank Auto Credit-Linked Notes Series 2025-A                                | CUSIP: 02007G5G4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1343392 | PA      | $1346884.00   | 0.08%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked Notes                                       | Ally Bank Auto Credit-Linked Notes Series 2025-A                                | CUSIP: 02007G5H2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6045262 | PA      | $6070682.44   | 0.37%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ally Auto Receivables Trust                                              | Ally Auto Receivables Trust 2023-1                                              | CUSIP: 02007WAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1528703.70   | 0.09%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ally Auto Receivables Trust                                              | Ally Auto Receivables Trust 2024-1                                              | CUSIP: 02008FAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1575000 | PA      | $1590586.36   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                   | American Honda Finance Corp                                                     | CUSIP: 02665WFT3<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   3335000 | PA      | $3358944.93   | 0.21%             | 2027-10-22      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                      | American Tower Corp                                                             | CUSIP: 03027XCG3<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |   4000000 | PA      | $4106087.24   | 0.25%             | 2029-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ASSOC BANC-CORP                                                          | Associated Banc-Corp                                                            | CUSIP: 045487AD7<br>LEI: 549300N3CIN473IW5094 | Long             | DBT              | CORP              | US        |    770000 | PA      | $799476.37    | 0.05%             | 2030-08-29      | Fixed         | 6.46%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                   | Bank of New York Mellon Corp/The                                                | CUSIP: 06406RBV8<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   2325000 | PA      | $2389034.52   | 0.15%             | 2030-03-14      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                  | Bristol-Myers Squibb Co                                                         | CUSIP: 110122EF1<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |   1665000 | PA      | $1709002.87   | 0.11%             | 2029-02-22      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                 | Capital One Financial Corp                                                      | CUSIP: 14040HCX1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4097858.08   | 0.25%             | 2029-02-01      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| CARDS II Trust                                                           | CARDS II Trust                                                                  | CUSIP: 14161GCN8<br>LEI: 549300GWPYLNK6X47W76 | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2533170.63   | 0.16%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                                  | CarMax Auto Owner Trust 2024-4                                                  | CUSIP: 14290DAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1019213.40   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                                  | Carmax Auto Owner Trust 2025-3                                                  | CUSIP: 14290FAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1006751.55   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                                  | CarMax Auto Owner Trust 2024-1                                                  | CUSIP: 14318WAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2025931.90   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                                  | CarMax Auto Owner Trust 2024-1                                                  | CUSIP: 14318WAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1014911.45   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                                                   | Chase Auto Owner Trust 2025-2                                                   | CUSIP: 16144MAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $999056.75    | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Chase Mortgage Finance Corporation                                       | Chase Home Lending Mortgage Trust 2023-1                                        | CUSIP: 16159PAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2893496 | PA      | $2928331.10   | 0.18%             | 2054-06-25      | Variable      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Chesapeake Funding II LLC                                                | Chesapeake Funding II LLC                                                       | CUSIP: 165183CW2<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1257567.06   | 0.08%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Chesapeake Funding II LLC                                                | Chesapeake Funding II LLC                                                       | CUSIP: 165183CY8<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2001731.90   | 0.12%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Chesapeake Funding II LLC                                                | Chesapeake Funding II LLC                                                       | CUSIP: 165183DB7<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-O            | CORP              | US        |   1350000 | PA      | $1369764.41   | 0.08%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                                                 | Citizens Financial Group Inc                                                    | CUSIP: 174610BF1<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |   2260000 | PA      | $2350128.53   | 0.14%             | 2030-01-23      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BK AUSTR NY                                                 | Commonwealth Bank of Australia                                                  | CUSIP: 20271RAW0<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |   5000000 | PA      | $5014670.65   | 0.31%             | 2030-10-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Contimortgage Home Equity Loan Trust                                     | Contimortgage Home Equity Loan Trust 1996-4                                     | CUSIP: 21075WDS1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4027 | PA      | $3326.83      | 0.00%             | 2028-01-15      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                                                   | Daimler Truck Finance North America LLC                                         | CUSIP: 233853BD1<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6170696.16   | 0.38%             | 2030-01-13      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Dell Equipment Finance Trust                                             | Dell Equipment Finance Trust 2023-3                                             | CUSIP: 24702EAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2020764.10   | 0.12%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Dell Equipment Finance Trust                                             | Dell Equipment Finance Trust 2024-1                                             | CUSIP: 24702GAL9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1012688.85   | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Dell Equipment Finance Trust                                             | Dell Equipment Finance Trust 2025-1                                             | CUSIP: 24703UAL7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    740000 | PA      | $752020.08    | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                                           | Enterprise Fleet Financing 2023-3 LLC                                           | CUSIP: 29374LAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4022445 | PA      | $4078583.21   | 0.25%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                                           | Enterprise Fleet Financing 2024-1 LLC                                           | CUSIP: 29375PAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5650000 | PA      | $5758610.80   | 0.35%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Evergreen Credit Card Trust                                              | Evergreen Credit Card Trust                                                     | CUSIP: 30023JDB1<br>LEI: 5493002G9KVV6J3CNU15 | Long             | ABS-O            | CORP              | CA        |   3000000 | PA      | $3011651.40   | 0.19%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                              | Freddie Mac Pool                                                                | CUSIP: 3133WASB5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   8992917 | PA      | $9333148.35   | 0.58%             | 2054-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                               | Fannie Mae REMICS                                                               | CUSIP: 31359RLA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7704 | PA      | $7812.46      | 0.00%             | 2027-12-18      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                               | Fannie Mae REMICS                                                               | CUSIP: 3136A3UA7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    643911 | PA      | $634085.27    | 0.04%             | 2042-02-25      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                         | Freddie Mac Multifamily Structured Pass Through Certificates                    | CUSIP: 3137F84M2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2241378 | PA      | $2231110.52   | 0.14%             | 2030-11-25      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                         | Freddie Mac Multifamily Structured Pass Through Certificates                    | CUSIP: 3137FRUH2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   8287223 | PA      | $7859734.44   | 0.48%             | 2029-09-25      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                               | Fannie Mae Pool                                                                 | CUSIP: 31385HH54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     32988 | PA      | $32762.88     | 0.00%             | 2028-04-01      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                               | Fannie Mae Pool                                                                 | CUSIP: 31385HJ52<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     99534 | PA      | $97864.05     | 0.01%             | 2034-05-01      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                               | Fannie Mae REMICS                                                               | CUSIP: 31395NAY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     43668 | PA      | $43501.55     | 0.00%             | 2036-06-25      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                               | Fannie Mae REMICS                                                               | CUSIP: 31396QVX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4798 | PA      | $4784.98      | 0.00%             | 2039-08-25      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                              | Freddie Mac REMICS                                                              | CUSIP: 31396R3N5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     22744 | PA      | $22616.27     | 0.00%             | 2034-02-15      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                              | Freddie Mac REMICS                                                              | CUSIP: 31397GZ94<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     69183 | PA      | $68443.38     | 0.00%             | 2036-07-15      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Fontainebleau Miami Beach Trust                                          | Fontainebleau Miami Beach Mortgage Trust 2024-FBLU                              | CUSIP: 34461WAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1625000 | PA      | $1629060.39   | 0.10%             | 2039-12-15      | Floating      | 6.18%                 | Yes           |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                                             | Ford Credit Auto Owner Trust 2023-A                                             | CUSIP: 344928AG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5069382.00   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                 | Ford Motor Credit Co LLC                                                        | CUSIP: 345397C43<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5029745.75   | 0.31%             | 2026-03-06      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| GECU Auto Receivables Trust                                              | GECU Auto Receivables Trust 2023-1                                              | CUSIP: 36169EAF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1013525.05   | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust                       | GM Financial Consumer Automobile Receivables Trust 2024-1                       | CUSIP: 36268GAF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1271974.50   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                  | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GA87<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   3145000 | PA      | $3287100.28   | 0.20%             | 2030-04-25      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                  | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GYR9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   4090000 | PA      | $4105048.42   | 0.25%             | 2027-10-21      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                 | Government National Mortgage Association                                        | CUSIP: 38375B4Y5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    236657 | PA      | $236788.13    | 0.01%             | 2063-07-20      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| HSB GROUP INC                                                            | HSB Group Inc                                                                   | CUSIP: 40428NAC3<br>LEI: 549300YBYP3KZS5URX14 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $986621.29    | 0.06%             | 2027-07-15      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| HPEFS Equipment Trust                                                    | HPEFS Equipment Trust 2025-1                                                    | CUSIP: 40446EAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $4550996.93   | 0.28%             |  |  |  | Yes           |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                                                     | Howmet Aerospace Inc                                                            | CUSIP: 443201AC2<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3081795.42   | 0.19%             | 2031-10-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON INGALLS INDUS                                                 | Huntington Ingalls Industries Inc                                               | CUSIP: 446413BA3<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1549085.87   | 0.10%             | 2030-01-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitization Trust                                  | Hyundai Auto Lease Securitization Trust 2024-C                                  | CUSIP: 448984AF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4043699.20   | 0.25%             |  |  |  | Yes           |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                                               | LAD Auto Receivables Trust 2024-3                                               | CUSIP: 505709AG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1200000 | PA      | $1203214.38   | 0.07%             |  |  |  | Yes           |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                                               | LAD Auto Receivables Trust 2025-2                                               | CUSIP: 505912AH8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2400000 | PA      | $2420057.16   | 0.15%             |  |  |  | Yes           |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                                               | LAD Auto Receivables Trust 2024-2                                               | CUSIP: 505920AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2042024.10   | 0.13%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Master Credit Card Trust                                                 | Master Credit Card Trust II                                                     | CUSIP: 576339EA9<br>LEI: 549300G7G68IV2D8IM76 | Long             | ABS-O            | CORP              | CA        |   1250000 | PA      | $1251548.25   | 0.08%             |  |  |  | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                                                   | Morgan Stanley Bank NA                                                          | CUSIP: 61690U8F0<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5017955.40   | 0.31%             | 2027-10-15      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                                               | Navient Private Education Refi Loan Trust 2020-G                                | CUSIP: 63941UAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1225559 | PA      | $1145829.00   | 0.07%             |  |  |  | Yes           |                  2 | On Loan: No      |
| NISOURCE INC                                                             | NiSource Inc                                                                    | CUSIP: 65473PAN5<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   3925000 | PA      | $4024604.18   | 0.25%             | 2028-03-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                   | PNC Financial Services Group Inc/The                                            | CUSIP: 693475BX2<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2080267.96   | 0.13%             | 2030-05-14      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                   | Philip Morris International Inc                                                 | CUSIP: 718172CY3<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4006817.24   | 0.25%             | 2026-02-13      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                 | Rogers Communications Inc                                                       | CUSIP: 775109DE8<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |   4000000 | PA      | $4074020.00   | 0.25%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC                                                   | Roper Technologies Inc                                                          | CUSIP: 776696AG1<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |   1165000 | PA      | $1175525.67   | 0.07%             | 2029-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC                                                   | Roper Technologies Inc                                                          | CUSIP: 776696AL0<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |   1585000 | PA      | $1591075.83   | 0.10%             | 2030-09-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| NEW CENTURY                                                              | NEW CENTURY CLASS D 1999 1                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    328248 | PA      | $0.00         | 0.00%             | 2029-01-25      | Variable      | 8.75%                 | No            |                  3 | On Loan: No      |
| Santander Drive Auto Receivables Trust                                   | Santander Drive Auto Receivables Trust 2025-2                                   | CUSIP: 80287NAF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6500000 | PA      | $6598587.78   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Linked Notes                                  | Santander Bank Auto Credit-Linked Notes Series 2023-A                           | CUSIP: 80290CBX1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     54896 | PA      | $55165.70     | 0.00%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                                   | Santander Drive Auto Receivables Trust 2022-6                                   | CUSIP: 802918AE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1509275 | PA      | $1512680.59   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                                   | Santander Drive Auto Receivables Trust 2024-4                                   | CUSIP: 802919AF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  15000000 | PA      | $15292478.25  | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                   | Standard Chartered PLC                                                          | CUSIP: 85325C2H4<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   4000000 | PA      | $4116876.72   | 0.25%             | 2031-05-13      | Fixed         | 5.24%                 | Yes           |                  2 | On Loan: —       |
| STELLANTIS FIN US INC                                                    | Stellantis Finance US Inc                                                       | CUSIP: 85855CAM2<br>LEI: 549300QZ0AI8Q7LNON33 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1522697.12   | 0.09%             | 2028-03-17      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: —       |
| SYNOVUS FINANCIAL CORP                                                   | Synovus Financial Corp                                                          | CUSIP: 87161CAP0<br>LEI: 549300EIUS8UN5JTLE54 | Long             | DBT              | CORP              | US        |   1295000 | PA      | $1341102.53   | 0.08%             | 2030-11-01      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                         | T-Mobile USA Inc                                                                | CUSIP: 87264ACZ6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4076537.00   | 0.25%             | 2028-03-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                                                     | Targa Resources Corp                                                            | CUSIP: 87612GAE1<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2106257.70   | 0.13%             | 2029-03-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| TEXAS Commercial Mortgage Trust                                          | TEXAS Commercial Mortgage Trust 2025-TWR                                        | CUSIP: 88231WAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $598500.30    | 0.04%             | 2042-04-15      | Floating      | 6.17%                 | Yes           |                  3 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                 | Toyota Motor Credit Corp                                                        | CUSIP: 89236TNR2<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   3240000 | PA      | $3248894.25   | 0.20%             | 2028-09-05      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Trillium Credit Card Trust II                                            | Trillium Credit Card Trust II                                                   | CUSIP: 89621ACA5<br>LEI: 549300P7QN1SDIOQVL28 | Long             | ABS-O            | CORP              | CA        |   1870000 | PA      | $1872953.48   | 0.12%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Trillium Credit Card Trust II                                            | Trillium Credit Card Trust II                                                   | CUSIP: 89621ACE7<br>LEI: 549300P7QN1SDIOQVL28 | Long             | ABS-O            | CORP              | US        |   1700000 | PA      | $1700758.46   | 0.10%             |  |  |  | Yes           |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                    | Truist Financial Corp                                                           | CUSIP: 89788MAL6<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   1180000 | PA      | $1196278.19   | 0.07%             | 2029-01-26      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                   | U.S. Treasury Notes                                                             | CUSIP: 91282CKD2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15000000 | PA      | $15290883.00  | 0.94%             | 2029-02-28      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                   | U.S. Treasury Notes                                                             | CUSIP: 91282CNY3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15000000 | PA      | $14909124.00  | 0.92%             | 2028-09-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                                                     | Verizon Master Trust                                                            | CUSIP: 92348KDH3<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5032003.00   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Verizon Master Trust                                                     | Verizon Master Trust                                                            | CUSIP: 92348KEJ8<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   2490000 | PA      | $2511419.48   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                    | Wells Fargo & Co                                                                | CUSIP: 95000U3L5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4088185.64   | 0.25%             | 2028-04-22      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| Wheels Fleet Lease Funding LLC                                           | Wheels Fleet Lease Funding 1 LLC                                                | CUSIP: 96328GCN5<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-O            | CORP              | US        |   3750000 | PA      | $3769397.25   | 0.23%             |  |  |  | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-23

**Name of Applicant:** Federated Hermes Income Securities Trust

**Signature:** Stephen Van Meter

**Name of Signer:** Federated Hermes Income Securities Trust

**Title:** Chief Compliance Officer