# EDGAR Filing Document

**Accession Number:** 0000889284
**File Stem:** 0000910472-25-005228
**Filing Date:** 2025-12
**Character Count:** 63450
**Document Hash:** be9dacd6efd53d51f61e6ebc81dfdd71
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-005228.hdr.sgml**: 20251201

**ACCESSION NUMBER**: 0000910472-25-005228

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251201

**DATE AS OF CHANGE**: 20251201

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** STERLING CAPITAL FUNDS
- **CENTRAL INDEX KEY:** 0000889284

**ORGANIZATION NAME:**
- **EIN:** 043331055
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06719
- **FILM NUMBER:** 251537328

**BUSINESS ADDRESS:**
- **STREET 1:** 434 FAYETTEVILLE ST
- **STREET 2:** SUITE 500
- **CITY:** RALEIGH
- **STATE:** NC
- **ZIP:** 27601
- **BUSINESS PHONE:** 8002281872

**MAIL ADDRESS:**
- **STREET 1:** 434 FAYETTEVILLE ST
- **STREET 2:** SUITE 500
- **CITY:** RALEIGH
- **STATE:** NC
- **ZIP:** 27601

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BB&T FUNDS /
- **DATE OF NAME CHANGE:** 20010419

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BB&T MUTUAL FUNDS GROUP
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### Sterling Capital Ultra Short Bond Fund (Series ID: S000039047)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000119973 | A CLASS             | BUSRX           |
| C000119975 | INSTITUTIONAL CLASS | BUSIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Sterling Capital Funds

- **b. Investment Company Act file number:** 811-06719

- **c. CIK number of Registrant:** 0000889284

- **d. LEI of Registrant:** 54930017VPAACVI5ZX74

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

  - **Street Address 1:** 434 Fayetteville St

  - **City:** Raleigh

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 27601

  - **Telephone number:** 800-228-1872

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

- **a. Name of Series:** Sterling Capital Ultra Short Bond Fund

- **b. EDGAR series identifier (if any):** S000039047

- **c. LEI of Series:** 5493003CGWDU62832881

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $28844788.29

**Total Liabilities:** $116344.69

**Net Assets:** $28728443.60

**Cash Not Reported:** $15000.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 549.87820822 | **1-Year:** 850.26118005 | **5-Year:** 522.55155248 | **10-Year:** 411.40707903 | **30-Year:** 0.00000000

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

- **3-Month:** 21.26895865 | **1-Year:** 93.07542714 | **5-Year:** 11.32886003 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000119973 | 0.34%                | 0.44%                | 0.44%                |
| Class ID C000119975 | 0.37%                | 0.46%                | 0.46%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6983.77                 | $-9999.45                                  |
| Month 2  | $10851.61                | $28692.17                                  |
| Month 3  | $27243.22                | $-7724.78                                  |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Dryden 40 Senior Loan Fund Limited Liability Company                                | Dryden 40 Senior Loan Fund                                     | CUSIP: 26244GAS4<br>LEI: 549300BH0PFEW6WVTN52 | Long             | ABS-CBDO         | CORP              | US        |    210539 | PA      | $210652.63    | 0.73%             | 2031-08-15      | Floating      | 5.36%                 | Yes           |                  2 | On Loan: No      |
| MMAF EQUIP FIN LLC 2022-A                                                           | MMAF Equipment Finance LLC 2022-A                              | CUSIP: 55317RAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    132249 | PA      | $131820.60    | 0.46%             | 2028-01-13      | Fixed         | 3.20%                 | Yes           |                  2 | On Loan: No      |
| Brighthouse Financial Global Funding                                                | Brighthouse Financial Global Funding                           | CUSIP: 10921U2C1<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |    190000 | PA      | $186278.13    | 0.65%             | 2026-05-24      | Fixed         | 1.55%                 | Yes           |                  2 | On Loan: No      |
| Civitas Resources Inc                                                               | Civitas Resources Inc                                          | CUSIP: 17888HAA1<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207309.80    | 0.72%             | 2028-07-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Societe Generale S.A.                                                               | Societe Generale SA                                            | CUSIP: 83368RAZ5<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | US        |    300000 | PA      | $298138.44    | 1.04%             | 2026-12-14      | Fixed         | 1.49%                 | Yes           |                  2 | On Loan: No      |
| OCP CLO 2014-5 Ltd.                                                                 | OCP CLO 2014-5 Ltd                                             | CUSIP: 67102SAL8<br>LEI: 254900NXH68CRC058O44 | Long             | ABS-CBDO         | CORP              | US        |     37371 | PA      | $37381.42     | 0.13%             | 2031-04-26      | Variable      | 5.66%                 | Yes           |                  2 | On Loan: No      |
| Sierra Timeshare 2013-1 Receivables Funding LLC                                     | Sierra Timeshare 2021-1 Rec Funding LLC                        | CUSIP: 82652QAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150186 | PA      | $148928.20    | 0.52%             | 2037-11-20      | Fixed         | 0.99%                 | Yes           |                  2 | On Loan: No      |
| Air Lease Corporation                                                               | Air Lease Corp 2 7/8 01/15/26                                  | CUSIP: 00914AAJ1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248895.15    | 0.87%             | 2026-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FORD CREDIT AUTO OWNER TRUST 2022-A                                                 | Ford Credit Auto Owner Trust 2022-A                            | CUSIP: 345286AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    350000 | PA      | $348208.91    | 1.21%             | 2027-07-15      | Fixed         | 1.91%                 | No            |                  2 | On Loan: No      |
| Dryden 53 Clo Ltd                                                                   | Dryden 53 CLO Ltd                                              | CUSIP: 26243EAR2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    250000 | PA      | $250257.50    | 0.87%             | 2031-01-15      | Variable      | 5.60%                 | Yes           |                  2 | On Loan: No      |
| Federated Hermes Money Market Obligations Trust                                     | Federated Hermes Treasury Oligations Fund                      | CUSIP: 31423R500<br>LEI: 25490005VWJDWX717014 | Long             | STIV             | RF                | US        |    529342 | PA      | $529341.59    | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Stack Infrastructure Issuer Llc                                                     | Stack Infrastructure Issuer LLC                                | CUSIP: 85236KAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    153000 | PA      | $150855.06    | 0.53%             | 2046-03-26      | Fixed         | 1.88%                 | Yes           |                  2 | On Loan: No      |
| MPLX LP                                                                             | MPLX LP 1.75%, Due 03/01/2026                                  | CUSIP: 55336VBR0<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    300000 | PA      | $296854.30    | 1.03%             | 2026-03-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Sofi Consumer Ln Program 2016-5 Llc                                                 | SoFi Consumer Loan Program 2025-1 Trust                        | CUSIP: 83406YAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    177616 | PA      | $178503.64    | 0.62%             | 2034-02-27      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2022-1                                                      | Carmax Auto Owner Trust 2022-3                                 | CUSIP: 14318MAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     50000 | PA      | $49975.78     | 0.17%             | 2028-02-15      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                            | Lloyds Banking Group PLC                                       | CUSIP: 539439AM1<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    364000 | PA      | $364070.09    | 1.27%             | 2025-12-10      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| AFFIRM MASTER TRUST                                                                 | Affirm Master Trust                                            | CUSIP: 00833BAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $302401.20    | 1.05%             | 2033-02-15      | Fixed         | 4.99%                 | Yes           |                  2 | On Loan: No      |
| AAdvantage Loyalty IP Ltd/ American Airlines Inc                                    | American Airlines Inc/AAdvantage Loyalty IP Ltd                | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $250110.25    | 0.87%             | 2026-04-20      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                                       | Ford Motor Credit Co LLC 6.95 03/06/26                         | CUSIP: 345397C43<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251990.61    | 0.88%             | 2026-03-06      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINL ISS TR 2022-3                                                          | OneMain Financial Issuance Trust                               | CUSIP: 68269PAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    185619 | PA      | $186754.08    | 0.65%             | 2034-05-15      | Fixed         | 5.94%                 | Yes           |                  2 | On Loan: No      |
| Credit Agricole S.A. London Branch                                                  | Credit Agricole SA                                             | CUSIP: 22535WAH0<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |    250000 | PA      | $247366.90    | 0.86%             | 2027-01-26      | Fixed         | 1.25%                 | Yes           |                  2 | On Loan: No      |
| Chenango Park CLO Ltd.                                                              | Chenango Park CLO Ltd.                                         | CUSIP: 16409TAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    161469 | PA      | $161488.16    | 0.56%             | 2030-04-15      | Floating      | 5.37%                 | Yes           |                  2 | On Loan: No      |
| PFS Financing Corp                                                                  | PFS Financing Corp.                                            | CUSIP: 69335PFG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $300383.01    | 1.05%             | 2028-04-17      | Floating      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| HCA Inc.                                                                            | HCA Inc 5 1/4 06/15/26                                         | CUSIP: 404119BT5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300594.38    | 1.05%             | 2026-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Australia & New Zealand Banking Group Ltd.                                          | Australia & New Zealand Banking Group Ltd 4.4 05/19/26         | CUSIP: 052528AK2<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250319.18    | 0.87%             | 2026-05-19      | Fixed         | 4.40%                 | Yes           |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                  | BX Trust 2021-BXMF                                             | CUSIP: 05609RAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    323210 | PA      | $322806.37    | 1.12%             | 2026-10-15      | Floating      | 4.90%                 | Yes           |                  2 | On Loan: No      |
| Comm 2017-Panw Mortgage Trust                                                       | COMM Mortgage Trust                                            | CUSIP: 12595EAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    380000 | PA      | $372335.93    | 1.30%             | 2050-09-10      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2012-Lc5                                      | Wells Fargo Commercial Mortgage Trust 2017-C40                 | CUSIP: 95000YAX3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    133000 | PA      | $131029.95    | 0.46%             | 2050-10-15      | Fixed         | 3.32%                 | No            |                  2 | On Loan: No      |
| The Boeing Company                                                                  | Boeing Co/The                                                  | CUSIP: 097023BP9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249608.56    | 0.87%             | 2025-10-30      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL CONSUMER AUTOMOBILE.RE                                                 | GM Financial Consumer Automobile Receivables                   | CUSIP: 362554AD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     96030 | PA      | $95492.43     | 0.33%             | 2027-10-18      | Fixed         | 0.99%                 | No            |                  2 | On Loan: No      |
| Ford Credit Floorplan Master Owner Trust A                                          | Ford Credit Floorplan Master Owner Trust                       | CUSIP: 34528QJB1<br>LEI: 5493001DTG5N7T8BG747 | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $200445.88    | 0.70%             | 2027-04-15      | Floating      | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Barclays PLC                                                                        | Barclays PLC 7.325 11/02/26                                    | CUSIP: 06738ECC7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300690.72    | 1.05%             | 2026-11-02      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                                 | Citigroup Commercial Mortgage Trust 2016-P3                    | CUSIP: 29429CAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    309288 | PA      | $307778.46    | 1.07%             | 2049-04-15      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| Gracie Point International Funding 2020-B                                           | Gracie Point International Funding 2025-1 LLC                  | CUSIP: 38411WAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    160000 | PA      | $160433.15    | 0.56%             | 2028-08-15      | Variable      | 6.37%                 | Yes           |                  2 | On Loan: No      |
| RR 17 Ltd                                                                           | RR 17, Ltd.                                                    | CUSIP: 74980QAL5<br>LEI: 549300H1BYT42IUZDL59 | Long             | ABS-CBDO         | CORP              | US        |    292000 | PA      | $292286.16    | 1.02%             | 2034-07-15      | Floating      | 5.13%                 | Yes           |                  2 | On Loan: No      |
| Onemain Direct Auto Receivables Tst                                                 | OneMain Direct Auto Receivables Trust                          | CUSIP: 682687AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     11908 | PA      | $11877.39     | 0.04%             | 2028-07-14      | Fixed         | 0.87%                 | Yes           |                  2 | On Loan: No      |
| Trinitas Clo XVI Ltd.                                                               | Trinitas CLO XVI Ltd                                           | CUSIP: 89642DAQ1<br>LEI: 5493004FCKEPFTK2QI86 | Long             | ABS-CBDO         | CORP              | US        |    275000 | PA      | $275099.00    | 0.96%             | 2034-07-20      | Floating      | 5.27%                 | Yes           |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust 2013-A                                       | Santander Drive Auto Receivables Trust 2022-4                  | CUSIP: 80286FAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      2624 | PA      | $2623.65      | 0.01%             | 2027-11-15      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| WORLD OMNI SELECT AUTO TRUST 2024-A                                                 | World Omni Select Auto Trust 2024-A                            | CUSIP: 98164LAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     78794 | PA      | $78929.17     | 0.27%             | 2028-02-15      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| Marsh & McLennan Companies, Inc.                                                    | Marsh & McLennan Cos Inc                                       | CUSIP: 571748BZ4<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251149.36    | 0.87%             | 2027-11-08      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINL ISSUA TR 2023-2                                                        | OneMain Financial Issuance Trust 2023-2                        | CUSIP: 68269HAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $252543.58    | 0.88%             | 2036-09-15      | Floating      | 5.87%                 | Yes           |                  2 | On Loan: No      |
| World Omni Automobile Lease Securitization Trust 2013-A                             | World Omni Auto Receivables Trust 2022-D                       | CUSIP: 98163VAD0<br>LEI: 5493001ZFJU3487OFZ50 | Long             | ABS-O            | CORP              | US        |    150929 | PA      | $151543.40    | 0.53%             | 2028-02-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Securitization Trust 2025-1                                | Bridgecrest Lending Auto Sec. Trust 2025-1                     | CUSIP: 10806HAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    178869 | PA      | $178906.07    | 0.62%             | 2027-09-15      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                               | Fannie Mae Pool FN 995716                                      | CUSIP: 31416CDV5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    171119 | PA      | $176181.55    | 0.61%             | 2036-07-01      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                               | Bank of America Corp 1.734 07/22/27                            | CUSIP: 06051GJS9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    400000 | PA      | $392011.43    | 1.36%             | 2027-07-22      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| BX CML MTG TR 2021-CIP                                                              | BX Commercial Mortgage Trust                                   | CUSIP: 12434FAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     88844 | PA      | $88788.63     | 0.31%             | 2038-12-15      | Floating      | 5.54%                 | Yes           |                  2 | On Loan: No      |
| PFS Financing Corp                                                                  | PFS Financing Corp. 2024-A A                                   | CUSIP: 69335PFC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    280000 | PA      | $280305.17    | 0.98%             | 2028-01-15      | Floating      | 5.22%                 | Yes           |                  2 | On Loan: No      |
| Vornado Realty Lp                                                                   | Vornado Realty LP 2.15 06/01/26                                | CUSIP: 929043AK3<br>LEI: 549300BMOJ05INE4YK86 | Long             | DBT              | CORP              | US        |    102000 | PA      | $100130.94    | 0.35%             | 2026-06-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                               | Fannie Mae REMICS                                              | CUSIP: 3136A3DN8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     15465 | PA      | $15369.35     | 0.05%             | 2027-01-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust 2016-C2                                         | Citigroup Commercial Mortgage Trust 2016-C1                    | CUSIP: 17290YAR9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    170000 | PA      | $168710.53    | 0.59%             | 2049-05-10      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                  | BX Trust 2021-RISE                                             | CUSIP: 12434EAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    338132 | PA      | $337708.98    | 1.18%             | 2036-11-15      | Floating      | 5.01%                 | Yes           |                  2 | On Loan: No      |
| Daimler Trucks Finance North America LLC                                            | Daimler Truck Finance North America LLC                        | CUSIP: 233853AX8<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |    271000 | PA      | $271888.88    | 0.95%             | 2027-09-25      | Floating      | 5.19%                 | Yes           |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                                  | T-Mobile USA Inc 2.25 02/15/26                                 | CUSIP: 87264ABR5<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248035.86    | 0.86%             | 2026-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2012-Lc5                                      | Wells Fargo Commercial Mortgage Trust                          | CUSIP: 95000AAU1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    202378 | PA      | $201854.46    | 0.70%             | 2048-12-15      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| SBL Holdings Inc.                                                                   | SBL Holdings, Inc.                                             | CUSIP: 78432MAA3<br>LEI: 635400MJW3QDSBJRKQ59 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252062.57    | 0.88%             | 2026-11-13      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury Bills                                                        | United States Treasury Bill 0 10/21/25                         | CUSIP: 912797RD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    350000 | PA      | $349213.67    | 1.22%             | 2025-10-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Onemain Direct Auto Receivables Tst                                                 | OneMain Direct Auto Receivables Trust                          | CUSIP: 68267EAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     18796 | PA      | $18779.78     | 0.07%             | 2027-09-14      | Fixed         | 3.63%                 | Yes           |                  2 | On Loan: No      |
| SMB PRIVATE EDU LN TR 2024-C                                                        | SMB Private Education Loan Trust 2024-C                        | CUSIP: 83206EAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    116823 | PA      | $116681.82    | 0.41%             | 2052-06-17      | Floating      | 5.47%                 | Yes           |                  2 | On Loan: No      |
| Hercules Capital Inc                                                                | Hercules Capital Inc 2 5/8 09/16/26                            | CUSIP: 427096AH5<br>LEI: 549300UJ5OC256GR2B73 | Long             | DBT              | CORP              | US        |    250000 | PA      | $245538.74    | 0.85%             | 2026-09-16      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| MGM Resorts International                                                           | MGM Resorts International                                      | CUSIP: 552953CF6<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |     71000 | PA      | $71459.87     | 0.25%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mattel, Inc.                                                                        | Mattel Inc                                                     | CUSIP: 577081BD3<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200455.48    | 0.70%             | 2027-12-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO 2017-2 Ltd./Voya CLO 2017-2 LLC                                            | VOYA CLO 2017-2                                                | CUSIP: 92915UAG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    202018 | PA      | $202043.99    | 0.70%             | 2030-06-07      | Floating      | 5.56%                 | Yes           |                  2 | On Loan: No      |
| Hess Midstream Operations LP                                                        | Hess Midstream Operations LP                                   | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $254845.01    | 0.89%             | 2028-03-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Americredit Automobile Receivables Trust 2018-3                                     | AmeriCredit Automobile Receivables Trust 2024-1                | CUSIP: 023947AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     68496 | PA      | $68586.48     | 0.24%             | 2028-02-18      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GoldenTree Loan Management US CLO 7 Ltd / Llc                                       | Goldentree Loan Management US Clo 7 Ltd                        | CUSIP: 38138LAW8<br>LEI: 549300DO8S88M0JNL340 | Long             | ABS-CBDO         | CORP              | US        |    179000 | PA      | $179085.92    | 0.62%             | 2034-04-20      | Variable      | 5.43%                 | Yes           |                  2 | On Loan: No      |
| Hyundai Capital America                                                             | Hyundai Capital America                                        | CUSIP: 44891ACB1<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301519.92    | 1.05%             | 2026-03-30      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Kkr Clo 21 Ltd                                                                      | KKR CLO 21 Ltd                                                 | CUSIP: 48252KAA7<br>LEI: 5493008X0MRR4A6VYF15 | Long             | ABS-CBDO         | CORP              | US        |    157231 | PA      | $157250.08    | 0.55%             | 2031-04-15      | Floating      | 5.58%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co                                            | CUSIP: 46647PEN2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    260000 | PA      | $260958.27    | 0.91%             | 2028-10-22      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| Mvw 2019-2 LLC                                                                      | MVW 2019-2 LLC                                                 | CUSIP: 55400DAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     37300 | PA      | $37036.62     | 0.13%             | 2038-10-20      | Fixed         | 2.22%                 | Yes           |                  2 | On Loan: No      |
| CSAIL 2017-Cx10 Commercial Mortgage Trust                                           | CSAIL Commercial Mortgage Trus CSAIL 2016-C7 A5                | CUSIP: 12637UAW9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    340000 | PA      | $336693.77    | 1.17%             | 2049-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Carmax Auto Owner Trust                                                             | CarMax Auto Owner Trust 2021-3                                 | CUSIP: 14317DAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    115000 | PA      | $114831.27    | 0.40%             | 2027-03-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                    | Freddie Mac REMICS                                             | CUSIP: 3137FJX79<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    235265 | PA      | $234813.10    | 0.82%             | 2036-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Expand Energy Corp.                                                                 | Expand Energy Corp                                             | CUSIP: 92735LAA0<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    275000 | PA      | $277869.53    | 0.97%             | 2029-04-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Reliance Standard Life Global Funding II                                            | Reliance Standard Life Global Funding II                       | CUSIP: 75951ACY2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $250553.21    | 0.87%             | 2026-02-02      | Fixed         | 5.24%                 | Yes           |                  2 | On Loan: No      |
| Bacardi Ltd.                                                                        | Bacardi Ltd                                                    | CUSIP: 067316AD1<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246578.89    | 0.86%             | 2026-07-15      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| CSAIL 2017-C8 Commercial Mortgage Trust                                             | CSAIL 2015-C3 Commercial Mortgage Trust                        | CUSIP: 12635FAT1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      3827 | PA      | $3818.59      | 0.01%             | 2048-08-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                        | UBS Group AG                                                   | CUSIP: 225401AT5<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | US        |    300000 | PA      | $296877.81    | 1.03%             | 2027-02-02      | Fixed         | 1.31%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                                            | Government National Mortgage Association                       | CUSIP: 38378UC70<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     17232 | PA      | $17156.88     | 0.06%             | 2040-12-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ally Auto Receivables Tr 2019-1                                                     | Ally Auto Receivables Trust 2022-2                             | CUSIP: 02008MAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    230000 | PA      | $230987.71    | 0.80%             | 2028-04-17      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                                                        | Avolon Holdings Funding Ltd                                    | CUSIP: 05401AAK7<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300397.71    | 1.05%             | 2026-01-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| BRIDGECREST LENDING AUTO SECURITIZA                                                 | Bridgecrest Lending Auto Securitization Trust 2025-3           | CUSIP: 107920AC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $250792.18    | 0.87%             | 2029-01-15      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman Loan Advisers CLO 41 Ltd.                                          | Neuberger Berman Loan Advisers CLO 41 Ltd.                     | CUSIP: 64134BAJ9<br>LEI: 549300RYH1PYRU661D66 | Long             | ABS-CBDO         | CORP              | US        |    250000 | PA      | $250267.50    | 0.87%             | 2034-04-15      | Floating      | 5.35%                 | Yes           |                  2 | On Loan: No      |
| United Air Lines, Inc.                                                              | United Airlines, Inc.                                          | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    148000 | PA      | $147772.69    | 0.51%             | 2026-04-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Iqvia Inc                                                                           | IQVIA Inc 5 10/15/26                                           | CUSIP: 449934AD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    215000 | PA      | $214737.68    | 0.75%             | 2026-10-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Allegany Park Clo Ltd.                                                              | Allegany Park CLO Ltd                                          | CUSIP: 017154AU9<br>LEI: 549300D5KL0IVFLIND32 | Long             | ABS-CBDO         | CORP              | US        |    250000 | PA      | $250112.50    | 0.87%             | 2035-01-20      | Variable      | 5.37%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                              | Freddie Mac REMICS                                             | CUSIP: 3137H6N35<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    215292 | PA      | $213523.61    | 0.74%             | 2038-05-25      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                                                      | Blackstone Private Credit Fund                                 | CUSIP: 09261HAD9<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    215000 | PA      | $209932.19    | 0.73%             | 2026-12-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Limited                                                        | Madison Park Funding XXIII Ltd                                 | CUSIP: 55820TAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    247367 | PA      | $247690.88    | 0.86%             | 2031-07-27      | Floating      | 5.55%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Bank Of America Merrill Lynch Trust                                  | Morgan Stanley Bank of America Merrill Lynch Trust             | CUSIP: 61766EBE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    350000 | PA      | $347392.96    | 1.21%             | 2049-05-15      | Fixed         | 3.33%                 | No            |                  2 | On Loan: No      |
| Regal Rexnord Corporation                                                           | Regal Rexnord Corp 6.05 02/15/26                               | CUSIP: 758750AL7<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251210.14    | 0.87%             | 2026-02-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Smb Private Education Loan Trust 2019-B                                             | SMB Private Education Loan Trust                               | CUSIP: 83192CAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    225371 | PA      | $225482.93    | 0.78%             | 2037-06-15      | Floating      | 5.26%                 | Yes           |                  2 | On Loan: No      |
| HILTON GRAND VACATIONS TRUST 2023-1                                                 | Hilton Grand Vacations Trust 2023-1                            | CUSIP: 432917AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    130111 | PA      | $132937.98    | 0.46%             | 2038-01-25      | Fixed         | 5.72%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                    | Freddie Mac Multifamily Structured Pass Through                | CUSIP: 3137BMTX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     77878 | PA      | $77622.83     | 0.27%             | 2025-11-25      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| ELP COMMERCIAL MTG TR 2021-ELP                                                      | ELP Commercial Mortgage Trust                                  | CUSIP: 26863LAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    153719 | PA      | $153527.01    | 0.53%             | 2038-11-15      | Floating      | 5.59%                 | Yes           |                  2 | On Loan: No      |
| Hertz Vehicle Financing LLC                                                         | Hertz Vehicle Financing III LLC                                | CUSIP: 42806MBS7<br>LEI: 5493004IHDYOZ9K9WF47 | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $150885.47    | 0.53%             | 2027-06-25      | Fixed         | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Oneok Inc.                                                                          | ONEOK Inc                                                      | CUSIP: 682680BH5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    300000 | PA      | $303800.07    | 1.06%             | 2026-11-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Blue Owl Capital Corp.                                                              | Blue Owl Capital Corp.                                         | CUSIP: 69121KAE4<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |    300000 | PA      | $297247.56    | 1.03%             | 2026-07-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Vici Properties Inc                                                                 | VICI Properties LP / VICI Note Co., Inc.                       | CUSIP: 92564RAA3<br>LEI: 254900RKH6RY9KCJQH63 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249044.59    | 0.87%             | 2026-12-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Blackstone Secured Lending Fund                                                     | Blackstone Secured Lending Fund 3.625 01/15/26                 | CUSIP: 09261LAC2<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249371.30    | 0.87%             | 2026-01-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BRIDGECREST LENDING AUTO SECURITIZA                                                 | Bridgecrest Lending Auto Sec. Trust 2025-2                     | CUSIP: 10807HAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    235465 | PA      | $235628.30    | 0.82%             | 2028-01-18      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| GreatAmerica Leasing Receivables Funding LLC                                        | GreatAmerica Leasing Receivables Funding LLC                   | CUSIP: 39154TBS6<br>LEI: 549300JFP7GIDD4UWO79 | Long             | ABS-O            | CORP              | US        |    452000 | PA      | $451349.03    | 1.57%             | 2027-09-15      | Fixed         | 1.31%                 | Yes           |                  2 | On Loan: No      |
| LCM 33 Ltd / LCM 33 LLC                                                             | LCM 33 Ltd                                                     | CUSIP: 50202CAJ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    265000 | PA      | $265429.30    | 0.92%             | 2034-07-20      | Floating      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Vistra Operations Co LLC                                                            | Vistra Operations Co LLC                                       | CUSIP: 92840VAT9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     78000 | PA      | $78448.27     | 0.27%             | 2026-12-30      | Fixed         | 5.05%                 | Yes           |                  2 | On Loan: No      |
| Affirm Asset Securitization Trust 2025-X1                                           | Affirm Asset Securitization Trust 2025-X1                      | CUSIP: 00834MAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    188937 | PA      | $189331.55    | 0.66%             | 2030-04-15      | Fixed         | 5.08%                 | Yes           |                  2 | On Loan: No      |
| Acadian Asset Management Inc                                                        | Brightsphere Investment Group Inc                              | CUSIP: 10948WAA1<br>LEI: 5493004FTLQNQTBOP608 | Long             | DBT              | CORP              | US        |    161000 | PA      | $160450.85    | 0.56%             | 2026-07-27      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE LOAN FUNDING 2022-3 L                                                 | Palmer Square Loan Funding 2022-3 Ltd                          | CUSIP: 69690CAN3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    250000 | PA      | $250462.50    | 0.87%             | 2031-04-15      | Floating      | 5.72%                 | Yes           |                  2 | On Loan: No      |
| MERCEDES-BENZ AUTO LEASE TRUST 202                                                  | Mercedes-Benz Auto Lease Trust 2024-A                          | CUSIP: 58770JAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     96509 | PA      | $96548.74     | 0.34%             | 2027-02-16      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                                            | Avis Budget Rental Car Funding AESOP LLC                       | CUSIP: 05377RDY7<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    312500 | PA      | $310834.31    | 1.08%             | 2027-02-20      | Fixed         | 2.02%                 | Yes           |                  2 | On Loan: No      |
| MVW 2023-1 LLC                                                                      | MVW 2023-1, LLC.                                               | CUSIP: 62848PAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    256030 | PA      | $258457.52    | 0.90%             | 2040-10-20      | Fixed         | 4.93%                 | Yes           |                  2 | On Loan: No      |
| TRICON RESIDENTAL TR 2025-SFR1                                                      | Tricon Residential 2025-SFR1 Trust                             | CUSIP: 895974AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    367103 | PA      | $367805.24    | 1.28%             | 2042-03-17      | Floating      | 5.46%                 | Yes           |                  2 | On Loan: No      |
| Chesapeake Funding II Llc                                                           | Chesapeake Funding II LLC                                      | CUSIP: 165183DE1<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-O            | CORP              | US        |    264079 | PA      | $267386.25    | 0.93%             | 2036-05-15      | Fixed         | 5.52%                 | Yes           |                  2 | On Loan: No      |
| Antero Resources Corporation                                                        | Antero Resources Corp                                          | CUSIP: 03674XAQ9<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |    275000 | PA      | $280254.98    | 0.98%             | 2029-02-01      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Ares XLIV CLO Ltd.                                                                  | ARES XLIV CLO Ltd                                              | CUSIP: 04016NBH5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    263000 | PA      | $263526.00    | 0.92%             | 2034-04-15      | Floating      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| Starwood Property Trust, Inc.                                                       | Starwood Property Trust, Inc.                                  | CUSIP: 85571BAU9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    225000 | PA      | $222421.88    | 0.77%             | 2026-07-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| AerCap Ireland Capital Designated Activity Co. / AerCap Global Aviation Trust (AER) | AerCap Ireland Capial DAC                                      | CUSIP: 00774MAS4<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |    285000 | PA      | $282681.60    | 0.98%             | 2026-01-30      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CLOVER CLO                                                                          | Fort Greene Park CLO LLC                                       | CUSIP: 18914KAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    285000 | PA      | $285276.45    | 0.99%             | 2034-04-22      | Floating      | 5.28%                 | Yes           |                  2 | On Loan: No      |
| Global Net Lease Inc / Global Net Lease Operating Partnership LP                    | Global Net Lease Operating Partnership LP Global Net Lease Inc | CUSIP: 37892AAA8<br>LEI: 549300NUYANCT5SU8Z65 | Long             | DBT              | CORP              | US        |    207000 | PA      | $200914.88    | 0.70%             | 2027-12-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Onemain Financial Issuance Trust 2014-2                                             | OneMain Financial Issuance Trust 2021-1                        | CUSIP: 68269MAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100180.10    | 0.35%             | 2036-06-16      | Floating      | 5.13%                 | Yes           |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM 2025-2 TRUST                                             | SoFi Consumer Loan Program 2025-2 Trust                        | CUSIP: 83407HAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    199367 | PA      | $200408.11    | 0.70%             | 2034-06-25      | Fixed         | 4.82%                 | Yes           |                  2 | On Loan: No      |
| JPMCC Commercial Mortgage Securities Trust 2015-Jp1                                 | JPMCC Commercial Mortgage Securities Trust                     | CUSIP: 46647TAS7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $198073.12    | 0.69%             | 2050-03-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| Skymiles IP Ltd. & Delta Air Lines Inc.                                             | Delta Air Lines, Inc. / SkyMiles IP Ltd.                       | CUSIP: 830867AA5<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |     37500 | PA      | $37454.26     | 0.13%             | 2025-10-20      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Tanger Properties Limited Partnership                                               | Tanger Properties LP 3 1/8 09/01/26                            | CUSIP: 875484AJ6<br>LEI: PQPGJDNFN35EXH363L31 | Long             | DBT              | CORP              | US        |    300000 | PA      | $296564.72    | 1.03%             | 2026-09-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| WHEELS FLEET LEASE FUNDING 1 LLC                                                    | Wheels Fleet Lease Funding 1 LLC                               | CUSIP: 96328GBN6<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-O            | CORP              | US        |    248520 | PA      | $249191.61    | 0.87%             | 2039-02-18      | Floating      | 4.97%                 | Yes           |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust 2019-3                           | GM Financial Consumer Automobile Receivables                   | CUSIP: 36265WAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     13358 | PA      | $13347.92     | 0.05%             | 2027-04-16      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust 2025-A                                                    | Nelnet Student Loan Trust 2025-A                               | CUSIP: 64033XAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    253736 | PA      | $252733.93    | 0.88%             | 2057-03-15      | Floating      | 5.47%                 | Yes           |                  2 | On Loan: No      |
| Delta Air Lines Inc.                                                                | Delta Air Lines Inc                                            | CUSIP: 247361ZZ4<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251197.82    | 0.87%             | 2026-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CARMAX SELECT REC TR 2024-A                                                         | Carmax Select Receivables Trust 2024-A                         | CUSIP: 14319FAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    108914 | PA      | $109264.31    | 0.38%             | 2027-09-15      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                                               | Athene Global Funding                                          | CUSIP: 04685A4B4<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301587.75    | 1.05%             | 2026-08-27      | Floating      | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Sabine Pass Liquefaction, LLC                                                       | Sabine Pass Liquefaction LLC                                   | CUSIP: 785592AV8<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200657.50    | 0.70%             | 2026-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust 2013-A                                       | Santander Drive Auto Receivables Trust 2023-4                  | CUSIP: 802927AE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    115000 | PA      | $116361.46    | 0.41%             | 2028-12-15      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| MAGNETITE XXXI LTD                                                                  | Magnetite XXXI Ltd                                             | CUSIP: 55952FAA6<br>LEI: 549300J3BCFSIZAJJW77 | Long             | ABS-CBDO         | CORP              | US        |    250000 | PA      | $250332.50    | 0.87%             | 2034-07-15      | Floating      | 5.27%                 | Yes           |                  2 | On Loan: No      |
| Concentrix Corp.                                                                    | Concentrix Corp                                                | CUSIP: 20602DAA9<br>LEI: 5493000EAJN1KMPVA737 | Long             | DBT              | CORP              | US        |    250000 | PA      | $253715.66    | 0.88%             | 2026-08-02      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding XLV Ltd/Llc                                                    | Madison Park Funding XLV Ltd                                   | CUSIP: 55820BAS6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    275000 | PA      | $275404.25    | 0.96%             | 2034-07-15      | Floating      | 5.40%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** Sterling Capital Funds

**Signature:** Todd Miller

**Name of Signer:** Todd Miller

**Title:** Treasurer