# EDGAR Filing Document

**Accession Number:** 0000808303
**File Stem:** 0001099263-25-003618
**Filing Date:** 2025-11
**Character Count:** 144963
**Document Hash:** 3aa4f15ea2fe743083cda52e4929aafc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-25-003618.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0001099263-25-003618

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price Spectrum Fund, Inc.
- **CENTRAL INDEX KEY:** 0000808303

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04998
- **FILM NUMBER:** 251521890

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE SPECTRUM FUND INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE OMNI TRUST
- **DATE OF NAME CHANGE:** 19870726

## Series and Classes Contracts Data

### T. Rowe Price Spectrum Income Fund (Series ID: S000002122)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000005512 | T. Rowe Price Spectrum Income Fund         | RPSIX           |
| C000227147 | T. Rowe Price Spectrum Income Fund-I Class | TSPNX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** T. ROWE PRICE SPECTRUM FUND, INC.

- **b. Investment Company Act file number:** 811-04998

- **c. CIK number of Registrant:** 0000808303

- **d. LEI of Registrant:** 549300C4CNSW3NCPIM75

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

  - **Street Address 1:** 1307 Point Street

  - **City:** Baltimore

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 21231

  - **Telephone number:** 410-345-2000

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

- **a. Name of Series:** T. Rowe Price Spectrum Income Fund

- **b. EDGAR series identifier (if any):** S000002122

- **c. LEI of Series:** 549300STXWSR8ZCP7B25

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

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

- **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:** $6055081391.59

**Total Liabilities:** $36802890.18

**Net Assets:** $6018278501.41

**Delayed Delivery Securities:** $5127313.58

**Cash Not Reported:** $152994.63

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.000000 | **1-Year:** 0.000000 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

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

- **3-Month:** 0.000000 | **1-Year:** 0.000000 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000005512 | 0.30%                | 1.01%                | 0.79%                |
| Class ID C000227147 | 0.31%                | 0.93%                | 0.80%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $297084.62               | $-11435446.38                              |
| Month 2  | $-859999.56              | $30739297.30                               |
| Month 3  | $-2943769.58             | $24337700.49                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| 1345T 2025-AOA B 144A                 | 1345T 2025-AOA                                                   | CUSIP: 68271CAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $501237.60    | 0.01%             | 2042-06-15      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| 1345T 2025-AOA C 144A                 | 1345T 2025-AOA                                                   | CUSIP: 68271CAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1200000 | PA      | $1202987.52   | 0.02%             | 2042-06-15      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| AFFRM 2025-X1 A 144A                  | AFFIRM ASSET SECURITIZATION TRUST 2025-X1                        | CUSIP: 00834MAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1763412 | PA      | $1767094.46   | 0.03%             | 2030-04-15      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| AFRMT 2025-2A B 144A                  | AFFIRM MASTER TRUST                                              | CUSIP: 00833BAH1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1395000 | PA      | $1404462.70   | 0.02%             | 2033-07-15      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| AFRMT 2025-2A A 144A                  | AFFIRM MASTER TRUST                                              | CUSIP: 00833BAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    735000 | PA      | $739233.67    | 0.01%             | 2033-07-15      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| AFRMT 2025-3A A 144A                  | AFFIRM MASTER TRUST SERIES 2025-3                                | CUSIP: 00833BAN8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1985000 | PA      | $1982083.44   | 0.03%             | 2034-10-16      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| AGL 2021-13A BR 144A                  | AGL CLO 13 LTD                                                   | CUSIP: 00120JAN3<br>LEI: 254900DIJ0G5TXNJMM06 | Long             | ABS-CBDO         | CORP              | KY        |    875000 | PA      | $876260.77    | 0.01%             | 2034-10-20      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| AIMCO 2021-14A B 144A                 | AIMCO CLO 14 LTD                                                 | CUSIP: 00144GAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2000000.00   | 0.03%             | 2034-04-20      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| AIMCO 2024-21A B 144A                 | AIMCO CLO 21 LTD                                                 | CUSIP: 00901WAE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    380000 | PA      | $381459.13    | 0.01%             | 2037-04-18      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| ALA 2025-OANA A 144A                  | ALA TRUST 2025-OANA                                              | CUSIP: 009920AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1730000 | PA      | $1738650.00   | 0.03%             | 2040-06-15      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| ALEN 2021-ACEN A 144A                 | ALEN 2021-ACEN MORTGAGE TRUST                                    | CUSIP: 01449NAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1450000 | PA      | $1404687.50   | 0.02%             | 2034-04-15      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| ABCLN 2024-A D 144A                   | ALLY BANK AUTO CREDIT-LINKED NOTES SERIES 2024-A                 | CUSIP: 02007GZ71<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    541416 | PA      | $549490.87    | 0.01%             | 2032-05-17      | Fixed         | 6.32%                 | No            |                  2 | On Loan: No      |
| ABCLN 2024-B C 144A                   | ALLY BANK AUTO CREDIT-LINKED NOTES SERIES 2024-B                 | CUSIP: 02007G4D2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    658083 | PA      | $661316.68    | 0.01%             | 2032-09-15      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| AMCAR 2022-1 D                        | AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2022-1                  | CUSIP: 03066TAF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1770000 | PA      | $1748565.30   | 0.03%             | 2028-02-18      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| AMCAR 2022-2 C                        | AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2022-2                  | CUSIP: 03065WAF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $302113.47    | 0.01%             | 2028-04-18      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| AMSR 2020-SFR5 D 144A                 | AMSR 2020-SFR5 TRUST                                             | CUSIP: 03217JAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1640000 | PA      | $1632063.55   | 0.03%             | 2037-11-17      | Fixed         | 2.18%                 | No            |                  2 | On Loan: No      |
| AMSR 2021-SFR2 D 144A                 | AMSR 2021-SFR2 TRUST                                             | CUSIP: 00179VAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2185000 | PA      | $2131163.79   | 0.04%             | 2038-08-17      | Fixed         | 2.28%                 | No            |                  2 | On Loan: No      |
| AXIS 2024-1A B 144A                   | AMUR EQUIPMENT FINANCE RECEIVABLES XIII LLC                      | CUSIP: 03237CAC6<br>LEI: 254900O8ABFLU3FOSN14 | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $255202.05    | 0.00%             | 2031-01-21      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| AXIS 2024-1A C 144A                   | AMUR EQUIPMENT FINANCE RECEIVABLES XIII LLC                      | CUSIP: 03237CAD4<br>LEI: 254900O8ABFLU3FOSN14 | Long             | ABS-O            | CORP              | US        |    340000 | PA      | $347084.75    | 0.01%             | 2031-01-21      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| AOMT 2024-10 A1 144A                  | ANGEL OAK MORTGAGE TRUST 2024-10                                 | CUSIP: 034933AA9<br>LEI: 254900QN92XYN8GJBJ44 | Long             | ABS-MBS          | CORP              | US        |    214433 | PA      | $215460.45    | 0.00%             | 2069-10-25      | Variable      | 5.35%                 | No            |                  2 | On Loan: No      |
| AOMT 2025-4 A1 144A                   | ANGEL OAK MORTGAGE TRUST 2025-4                                  | CUSIP: 034935AA4<br>LEI: 254900VBIBOATGC48K85 | Long             | ABS-MBS          | CORP              | US        |   1609247 | PA      | $1629057.55   | 0.03%             | 2070-04-25      | Variable      | 5.86%                 | No            |                  2 | On Loan: No      |
| AOMT 2025-5 A1 144A                   | ANGEL OAK MORTGAGE TRUST 2025-5                                  | CUSIP: 03466EAA8<br>LEI: 254900QA46POYH7UR768 | Long             | ABS-MBS          | CORP              | US        |   1595143 | PA      | $1609408.67   | 0.03%             | 2070-04-25      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| ANTH 2025-1A A1 144A                  | ANTHELION CLO 2025-1 LTD                                         | CUSIP: 03676GAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    870000 | PA      | $871305.00    | 0.01%             | 2036-07-20      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| APID 2021-37A B 144A                  | APIDOS CLO XXXVII                                                | CUSIP: 03769HAC1<br>LEI: 549300OGB01ASKLNI660 | Long             | ABS-CBDO         | CORP              | KY        |   1675000 | PA      | $1676757.18   | 0.03%             | 2034-10-22      | Floating      | 6.19%                 | No            |                  2 | On Loan: No      |
| ARBYS 2020-1A A2 144A                 | ARBYS FUNDING LLC                                                | CUSIP: 038779AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2991550 | PA      | $2888836.63   | 0.05%             | 2050-07-30      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| ARIFL 2025-B A3 144A                  | ARI FLEET LEASE TRUST 2025-B                                     | CUSIP: 00193GAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1770000 | PA      | $1793249.48   | 0.03%             | 2034-03-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| XCAP 2023-1A D 144A                   | AUXILIOR TERM FUNDING 2023-1 LLC                                 | CUSIP: 05335JAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2130000 | PA      | $2235255.23   | 0.04%             | 2030-12-16      | Fixed         | 7.27%                 | No            |                  2 | On Loan: No      |
| AESOP 2025-3A C 144A                  | AVIS BUDGET RENTAL CAR FUNDING AESOP LLC                         | CUSIP: 05377RKY9<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    940000 | PA      | $937119.93    | 0.02%             | 2030-02-20      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| AESOP 2022-1A A 144A                  | AVIS BUDGET RENTAL CAR FUNDING AESOP LLC                         | CUSIP: 05377REZ3<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $99416.28     | 0.00%             | 2028-08-21      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| AESOP 2024-3A B 144A                  | AVIS BUDGET RENTAL CAR FUNDING AESOP LLC                         | CUSIP: 05377RJL9<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   1730000 | PA      | $1783444.54   | 0.03%             | 2030-12-20      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| AESOP 2021-2A D 144A                  | AVIS BUDGET RENTAL CAR FUNDING AESOP LLC                         | CUSIP: 05377REU4<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    875000 | PA      | $856112.51    | 0.01%             | 2028-02-20      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| AESOP 2025-3A B 144A                  | AVIS BUDGET RENTAL CAR FUNDING AESOP LLC                         | CUSIP: 05377RKX1<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    930000 | PA      | $927293.33    | 0.02%             | 2030-02-20      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| AESOP 2023-1A A 144A                  | AVIS BUDGET RENTAL CAR FUNDING AESOP LLC                         | CUSIP: 05377RGC2<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    315000 | PA      | $322168.52    | 0.01%             | 2029-04-20      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AESOP 2020-2A B 144A                  | AVIS BUDGET RENTAL CAR FUNDING AESOP LLC                         | CUSIP: 05377REA8<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   1466667 | PA      | $1461254.82   | 0.02%             | 2027-02-20      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| BCC 2022-3A BR 144A                   | BAIN CAPITAL CREDIT CLO 2022-3 LTD                               | CUSIP: 05684NAQ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    450000 | PA      | $450172.29    | 0.01%             | 2035-07-17      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| BAMLL 2018-PARK A 144A                | BAMLL COMMERCIAL MORTGAGE SECURITIES TRUST 2018-PARK             | CUSIP: 05491YAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1260000 | PA      | $1228242.46   | 0.02%             | 2038-08-10      | Variable      | 4.23%                 | No            |                  2 | On Loan: No      |
| BANK5 2024-5YR10 A3                   | BANK5 2024-5YR10                                                 | CUSIP: 06604AAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1200000 | PA      | $1236708.84   | 0.02%             | 2057-10-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| BANK5 2024-5YR12 A3                   | BANK5 2024-5YR12                                                 | CUSIP: 06644XBG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2350000 | PA      | $2474266.83   | 0.04%             | 2057-12-15      | Variable      | 5.90%                 | No            |                  2 | On Loan: No      |
| BANK5 2024-5YR8 AS                    | BANK5 2024-5YR8                                                  | CUSIP: 065923BF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    970000 | PA      | $1020298.57   | 0.02%             | 2057-08-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| BANK5 2025-5YR14 A3                   | BANK5 2025-5YR14                                                 | CUSIP: 06604MAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1650000 | PA      | $1726073.09   | 0.03%             | 2058-04-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| BABSN 2021-3A B1R 144A                | BARINGS CLO LTD 2021-III                                         | CUSIP: 06762TAN1<br>LEI: 549300V1VT2NXKFG0H98 | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1750594.98   | 0.03%             | 2035-01-18      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| BABSN 2024-1A B 144A                  | BARINGS CLO LTD 2024-I                                           | CUSIP: 06763VAC9<br>LEI: 2549005VRCK51O5LRS39 | Long             | ABS-CBDO         | CORP              | KY        |    390000 | PA      | $392065.87    | 0.01%             | 2037-01-20      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| BATLN 2021-21A BR 144A                | BATTALION CLO XXI LTD                                            | CUSIP: 07134WAS2<br>LEI: 549300EOF4JL75TYXX49 | Long             | ABS-CBDO         | CORP              | KY        |   1755000 | PA      | $1752715.59   | 0.03%             | 2034-07-15      | Floating      | 6.02%                 | No            |                  2 | On Loan: No      |
| BVCLN 2024-CAR1 D 144A                | BAYVIEW OPPORTUNITY MASTER FUND VII 2024-CAR1 LLC                | CUSIP: 07336QAD4<br>LEI: 254900S53K9VTUR1UX42 | Long             | ABS-O            | CORP              | US        |   1738020 | PA      | $1747674.27   | 0.03%             | 2031-12-26      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| BVCLN 2025-EDU1 A 144A                | BAYVIEW OPPORTUNITY MASTER FUND VII 2025-EDU1 LLC                | CUSIP: 07337GAA1<br>LEI: 2549001VJ64UFK8PZA41 | Long             | ABS-O            | CORP              | US        |   1040000 | PA      | $1040000.00   | 0.02%             | 2048-07-27      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| BVCLN 2025-EDU1 B 144A                | BAYVIEW OPPORTUNITY MASTER FUND VII 2025-EDU1 LLC                | CUSIP: 07337GAB9<br>LEI: 2549001VJ64UFK8PZA41 | Long             | ABS-O            | CORP              | US        |   1680000 | PA      | $1680000.00   | 0.03%             | 2048-07-27      | Floating      | 6.03%                 | No            |                  2 | On Loan: No      |
| BMARK 2023-V3 AS                      | BENCHMARK 2023-V3 MORTGAGE TRUST                                 | CUSIP: 08163VAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1350000 | PA      | $1427503.10   | 0.02%             | 2056-07-15      | Variable      | 7.10%                 | No            |                  2 | On Loan: No      |
| BMARK 2024-V5 AM                      | BENCHMARK 2024-V5 MORTGAGE TRUST                                 | CUSIP: 08163XBA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1715000 | PA      | $1792432.76   | 0.03%             | 2057-01-10      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| BMARK 2024-V8 AM                      | BENCHMARK 2024-V8 MORTGAGE TRUST                                 | CUSIP: 08190AAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    185000 | PA      | $196105.29    | 0.00%             | 2057-07-15      | Variable      | 6.86%                 | No            |                  2 | On Loan: No      |
| BMARK 2024-V8 A3                      | BENCHMARK 2024-V8 MORTGAGE TRUST                                 | CUSIP: 08190AAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1975000 | PA      | $2086391.19   | 0.03%             | 2057-07-15      | Variable      | 6.19%                 | No            |                  2 | On Loan: No      |
| BMARK 2025-V13 A4                     | BENCHMARK 2025-V13 MORTGAGE TRUST                                | CUSIP: 08164AAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2495000 | PA      | $2621924.89   | 0.04%             | 2058-02-15      | Variable      | 5.82%                 | No            |                  2 | On Loan: No      |
| BMARK 2025-V14 A4                     | BENCHMARK 2025-V14 MORTGAGE TRUST                                | CUSIP: 08164BAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1046053 | PA      | $1095334.96   | 0.02%             | 2057-04-15      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| BSP 2021-25A BR 144A                  | BENEFIT STREET PARTNERS CLO XXV LTD                              | CUSIP: 08186YAQ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    765000 | PA      | $765268.57    | 0.01%             | 2035-01-15      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| BFLD 2025-5MW C 144A                  | BFLD COMMERCIAL MORTGAGE TRUST 2025-5MW                          | CUSIP: 088921AC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1985000 | PA      | $1985000.00   | 0.03%             | 2042-10-10      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| BLUEM 2018-3A BR 144A                 | BLUEMOUNTAIN CLO 2018-3 LTD                                      | CUSIP: 09630AAS5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2500985.60   | 0.04%             | 2030-10-25      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| BMO 2024-5C4 A3                       | BMO 2024-5C4 MORTGAGE TRUST                                      | CUSIP: 09660SAU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2450000 | PA      | $2609075.07   | 0.04%             | 2057-05-15      | Variable      | 6.53%                 | No            |                  2 | On Loan: No      |
| BMO 2025-5C10 A3                      | BMO 2025-5C10 MORTGAGE TRUST                                     | CUSIP: 05615BAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1750000 | PA      | $1824501.88   | 0.03%             | 2058-05-15      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| BMO 2025-C12 A5                       | BMO 2025-C12 MORTGAGE TRUST                                      | CUSIP: 05615DAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1730000 | PA      | $1857218.32   | 0.03%             | 2058-06-15      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| BMO 2025-C13 B                        | BMO 2025-C13 MORTGAGE TRUST                                      | CUSIP: 05592YAH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1050000 | PA      | $1084923.00   | 0.02%             | 2058-10-15      | Variable      | 6.04%                 | No            |                  2 | On Loan: No      |
| BPR 2021-TY A 144A                    | BPR TRUST 2021-TY                                                | CUSIP: 05592AAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    550000 | PA      | $549656.25    | 0.01%             | 2038-09-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| BX 2024-MDHS B 144A                   | BX COMMERCIAL MORTGAGE TRUST 2024-MDHS                           | CUSIP: 12433BAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1672913 | PA      | $1675004.50   | 0.03%             | 2041-05-15      | Floating      | 5.99%                 | No            |                  2 | On Loan: No      |
| BX 2024-SLCT A 144A                   | BX COMMERCIAL MORTGAGE TRUST 2024-SLCT                           | CUSIP: 12433JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1998750.20   | 0.03%             | 2042-01-15      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| BX 2025-TAIL A 144A                   | BX TRUST 2025-TAIL                                               | CUSIP: 123912AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1725000 | PA      | $1722304.69   | 0.03%             | 2035-06-15      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| CF 2019-CF2 B                         | CANTOR COMMERCIAL REAL ESTATE LENDING 2019-CF2                   | CUSIP: 12528YAK9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    365000 | PA      | $331633.74    | 0.01%             | 2052-11-15      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| CARMX 2021-4 B                        | CARMAX AUTO OWNER TRUST 2021-4                                   | CUSIP: 14317JAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     25000 | PA      | $24816.44     | 0.00%             | 2027-05-17      | Fixed         | 1.04%                 | No            |                  2 | On Loan: No      |
| CARMX 2022-1 D                        | CARMAX AUTO OWNER TRUST 2022-1                                   | CUSIP: 14317CAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $98935.20     | 0.00%             | 2028-07-17      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| CARMX 2022-2 D                        | CARMAX AUTO OWNER TRUST 2022-2                                   | CUSIP: 14317HAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    365000 | PA      | $365665.83    | 0.01%             | 2028-10-16      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CARMX 2022-2 C                        | CARMAX AUTO OWNER TRUST 2022-2                                   | CUSIP: 14317HAF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    165000 | PA      | $164840.74    | 0.00%             | 2027-12-15      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| CARMX 2023-2 D                        | CARMAX AUTO OWNER TRUST 2023-2                                   | CUSIP: 142921AH8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    110000 | PA      | $113201.89    | 0.00%             | 2029-10-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| CARMX 2024-1 B                        | CARMAX AUTO OWNER TRUST 2024-1                                   | CUSIP: 14318WAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     35000 | PA      | $35599.96     | 0.00%             | 2029-08-15      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| CARMX 2025-2 C                        | CARMAX AUTO OWNER TRUST 2025-2                                   | CUSIP: 14320AAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $510936.00    | 0.01%             | 2031-01-15      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| CARMX 2025-2 B                        | CARMAX AUTO OWNER TRUST 2025-2                                   | CUSIP: 14320AAF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    440000 | PA      | $448361.36    | 0.01%             | 2030-11-15      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| CMXS 2024-A B                         | CARMAX SELECT RECEIVABLES TRUST 2024-A                           | CUSIP: 14319FAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $152461.91    | 0.00%             | 2030-01-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| CRVNA 2021-N4 A2                      | CARVANA AUTO RECEIVABLES TRUST 2021-N4                           | CUSIP: 14687HAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    119426 | PA      | $117163.82    | 0.00%             | 2028-09-11      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| CRVNA 2021-P3 D                       | CARVANA AUTO RECEIVABLES TRUST 2021-P3                           | CUSIP: 14687JAJ8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1835000 | PA      | $1765322.66   | 0.03%             | 2028-09-11      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CRVNA 2023-P4 C 144A                  | CARVANA AUTO RECEIVABLES TRUST 2023-P4                           | CUSIP: 14687NAF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     99000 | PA      | $104840.34    | 0.00%             | 2029-12-10      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| CRVNA 2024-N1 C 144A                  | CARVANA AUTO RECEIVABLES TRUST 2024-N1                           | CUSIP: 14687QAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2544528.75   | 0.04%             | 2030-05-10      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| CRVNA 2024-P4 C                       | CARVANA AUTO RECEIVABLES TRUST 2024-P4                           | CUSIP: 14076LAF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2150000 | PA      | $2166970.38   | 0.04%             | 2031-05-12      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| CRVNA 2025-P2 C                       | CARVANA AUTO RECEIVABLES TRUST 2025-P2                           | CUSIP: 14688YAF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1700000 | PA      | $1738287.91   | 0.03%             | 2031-11-10      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| CRVNA 2025-P2 D                       | CARVANA AUTO RECEIVABLES TRUST 2025-P2                           | CUSIP: 14688YAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    850000 | PA      | $865742.68    | 0.01%             | 2033-06-10      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| CRVNA 2025-P3 D                       | CARVANA AUTO RECEIVABLES TRUST 2025-P3                           | CUSIP: 14688AAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $993398.30    | 0.02%             | 2033-09-12      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| CRVNA 2025-P3 C                       | CARVANA AUTO RECEIVABLES TRUST 2025-P3                           | CUSIP: 14688AAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $995693.30    | 0.02%             | 2032-01-12      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| CD 2019-CD8 A4                        | CD 2019-CD8 MORTGAGE TRUST                                       | CUSIP: 12515BAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    340000 | PA      | $314649.33    | 0.01%             | 2057-08-15      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| CENT 2025-CITY A 144A                 | CENT 2025-CITY                                                   | CUSIP: 12517TAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2105000 | PA      | $2128808.18   | 0.04%             | 2040-07-10      | Variable      | 5.09%                 | No            |                  2 | On Loan: No      |
| CACLN 2025-1 C 144A                   | CHASE AUTO CREDIT LINKED NOTES SERIES 2025-1                     | CUSIP: 46591HCT5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1918608 | PA      | $1926462.31   | 0.03%             | 2033-02-25      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| CHAOT 2025-1A C 144A                  | CHASE AUTO OWNER TRUST 2025-1                                    | CUSIP: 16145NAF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1008976.80   | 0.02%             | 2030-12-26      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| CGCMT 2019-GC41 A5                    | CITIGROUP COMMERCIAL MORTGAGE TRUST 2019-GC41                    | CUSIP: 17328FAW5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1880000 | PA      | $1758803.54   | 0.03%             | 2056-08-10      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| CNH 2023-B A3                         | CNH EQUIPMENT TRUST 2023-B                                       | CUSIP: 12666DAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    503546 | PA      | $511058.39    | 0.01%             | 2029-02-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| CLGIX 2022-1CAN A2 144A               | COLOGIX CANADIAN ISSUER LP                                       | CUSIP: 19521DAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | CA        |    125000 | PA      | $88476.32     | 0.00%             | 2052-01-25      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| COLT 2020-3 B2 144A                   | COLT 2020-3 MORTGAGE LOAN TRUST                                  | CUSIP: 12597QAF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1988003.80   | 0.03%             | 2065-04-27      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| COLT 2024-6 A1 144A                   | COLT 2024-6 MORTGAGE LOAN TRUST                                  | CUSIP: 19688XAA4<br>LEI: 213800U2X2TO1PQH1O75 | Long             | ABS-MBS          | CORP              | US        |   1275623 | PA      | $1282525.22   | 0.02%             | 2069-11-25      | Variable      | 5.39%                 | No            |                  2 | On Loan: No      |
| COLT 2024-INV1 A1 144A                | COLT 2024-INV1 MORTGAGE LOAN TRUST                               | CUSIP: 12672RAA0<br>LEI: 213800D3JCL6LSBI3544 | Long             | ABS-MBS          | CORP              | US        |   1537941 | PA      | $1550291.99   | 0.03%             | 2068-12-25      | Variable      | 5.90%                 | No            |                  2 | On Loan: No      |
| COLT 2025-10 A1F 144A                 | COLT 2025-10 MORTGAGE LOAN TRUST                                 | CUSIP: 12675XAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2080000 | PA      | $2080000.00   | 0.03%             | 2070-10-25      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| CAS 2023-R01 1M1 144A                 | CONNECTICUT AVENUE SECURITIES TRUST 2023-R01                     | CUSIP: 207932AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1900035 | PA      | $1944146.16   | 0.03%             | 2042-12-25      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| CAS 2023-R04 1M1 144A                 | CONNECTICUT AVENUE SECURITIES TRUST 2023-R04                     | CUSIP: 20754QAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1314727 | PA      | $1341849.79   | 0.02%             | 2043-05-25      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| CAS 2023-R05 1M1 144A                 | CONNECTICUT AVENUE SECURITIES TRUST 2023-R05                     | CUSIP: 207942AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1377640 | PA      | $1387901.38   | 0.02%             | 2043-06-25      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| CAS 2025-R03 2A1 144A                 | CONNECTICUT AVENUE SECURITIES TRUST 2025-R03                     | CUSIP: 20754VAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1443612 | PA      | $1452648.49   | 0.02%             | 2045-03-25      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| CAS 2025-R05 2A1 144A                 | CONNECTICUT AVENUE SECURITIES TRUST 2025-R05                     | CUSIP: 20753CAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    824181 | PA      | $825589.23    | 0.01%             | 2045-07-25      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| CROSS 2025-H4 A1 144A                 | CROSS 2025-H4 MORTGAGE TRUST                                     | CUSIP: 22790AAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1647450 | PA      | $1662436.32   | 0.03%             | 2070-06-25      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| CROSS 2025-H5 A1B 144A                | CROSS 2025-H5 MORTGAGE TRUST                                     | CUSIP: 227920AC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    909185 | PA      | $916006.96    | 0.02%             | 2070-07-25      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| CSAIL 2018-C14 A4                     | CSAIL 2018-C14 COMMERCIAL MORTGAGE TRUST                         | CUSIP: 12596GAZ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    585000 | PA      | $580566.46    | 0.01%             | 2051-11-15      | Variable      | 4.42%                 | No            |                  2 | On Loan: No      |
| CSAIL 2019-C18 B                      | CSAIL 2019-C18 COMMERCIAL MORTGAGE TRUST                         | CUSIP: 12597DAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    746000 | PA      | $686875.70    | 0.01%             | 2052-12-15      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| CYRUS 2023-1A A2 144A                 | CYRUSONE DATA CENTERS ISSUER I LLC                               | CUSIP: 23284BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    597000 | PA      | $586109.23    | 0.01%             | 2048-04-20      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| DBGS 2018-C1 A3                       | DBGS 2018-C1 MORTGAGE TRUST                                      | CUSIP: 23307DAZ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $495840.85    | 0.01%             | 2051-10-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| DBGS 2018-C1 A2                       | DBGS 2018-C1 MORTGAGE TRUST                                      | CUSIP: 23307DAX1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    554433 | PA      | $551244.60    | 0.01%             | 2051-10-15      | Fixed         | 4.36%                 | No            |                  2 | On Loan: No      |
| DEFT 2023-2 B 144A                    | DELL EQUIPMENT FINANCE TRUST 2023-2                              | CUSIP: 24703GAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1970000 | PA      | $1983066.42   | 0.03%             | 2029-01-22      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| DEFT 2024-2 D 144A                    | DELL EQUIPMENT FINANCE TRUST 2024-2                              | CUSIP: 24704EAL2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    225000 | PA      | $227124.52    | 0.00%             | 2031-02-24      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| DEFT 2025-1 B 144A                    | DELL EQUIPMENT FINANCE TRUST 2025-1                              | CUSIP: 24703UAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    935000 | PA      | $948058.68    | 0.02%             | 2031-02-24      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| DEFT 2025-1 C 144A                    | DELL EQUIPMENT FINANCE TRUST 2025-1                              | CUSIP: 24703UAJ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1380000 | PA      | $1401273.80   | 0.02%             | 2031-02-24      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DRIVE 2021-3 D 144A                   | DRIVE AUTO RECEIVABLES TRUST 2021-3                              | CUSIP: 262081AF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    873633 | PA      | $862393.20    | 0.01%             | 2029-06-15      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| DRIVE 2024-2 D                        | DRIVE AUTO RECEIVABLES TRUST 2024-2                              | CUSIP: 26207AAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1685000 | PA      | $1691800.83   | 0.03%             | 2032-05-17      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| DRIVE 2025-2 C                        | DRIVE AUTO RECEIVABLES TRUST 2025-2                              | CUSIP: 262103AF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $997770.30    | 0.02%             | 2032-09-15      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| DRIVE 2025-2 D                        | DRIVE AUTO RECEIVABLES TRUST 2025-2                              | CUSIP: 262103AG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $999262.60    | 0.02%             | 2032-12-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| HONK 2020-2A A2 144A                  | DRIVEN BRANDS FUNDING LLC                                        | CUSIP: 26209XAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1397659 | PA      | $1350359.17   | 0.02%             | 2051-01-20      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| HONK 2019-1A A2 144A                  | DRIVEN BRANDS FUNDING LLC                                        | CUSIP: 26208LAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1368381 | PA      | $1367802.43   | 0.02%             | 2049-04-20      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| EFMT 2025-INV2 A1 144A                | EFMT 2025-INV2                                                   | CUSIP: 281914AA9<br>LEI: 254900ZO1GLQXE3JWX68 | Long             | ABS-MBS          | CORP              | US        |   1669893 | PA      | $1678469.80   | 0.03%             | 2070-05-26      | Variable      | 5.39%                 | No            |                  2 | On Loan: No      |
| EFMT 2025-INV4 A1F 144A               | EFMT 2025-INV4                                                   | CUSIP: 26846DAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2080000 | PA      | $2079992.93   | 0.03%             | 2070-10-25      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| EHGVT 2025-A C 144A                   | ELARA HGV TIMESHARE ISSUER 2025-A LLC                            | CUSIP: 28416VAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    950000 | PA      | $949843.25    | 0.02%             | 2040-01-25      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| EHGVT 2025-A B 144A                   | ELARA HGV TIMESHARE ISSUER 2025-A LLC                            | CUSIP: 28416VAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    950000 | PA      | $949831.38    | 0.02%             | 2040-01-25      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| EMPWR 2023-1A AR 144A                 | EMPOWER CLO 2023-1 LTD                                           | CUSIP: 29244CAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2625000 | PA      | $2643525.68   | 0.04%             | 2038-04-25      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| EMPWR 2023-1A BR 144A                 | EMPOWER CLO 2023-1 LTD                                           | CUSIP: 29244CAL2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250751.55    | 0.00%             | 2038-04-25      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| EFF 2024-4 A3 144A                    | ENTERPRISE FLEET FINANCING 2024-4 LLC                            | CUSIP: 29374MAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    331000 | PA      | $333824.29    | 0.01%             | 2028-11-20      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| EFF 2025-2 A4 144A                    | ENTERPRISE FLEET FINANCING 2025-2 LLC                            | CUSIP: 29375TAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1266641.50   | 0.02%             | 2031-12-22      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| EART 2022-4A D                        | EXETER AUTOMOBILE RECEIVABLES TRUST 2022-4                       | CUSIP: 30166BAF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1364926 | PA      | $1376237.68   | 0.02%             | 2028-12-15      | Fixed         | 5.98%                 | No            |                  2 | On Loan: No      |
| EART 2023-4A C                        | EXETER AUTOMOBILE RECEIVABLES TRUST 2023-4                       | CUSIP: 30166TAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2574873 | PA      | $2593683.30   | 0.04%             | 2028-08-15      | Fixed         | 6.51%                 | No            |                  2 | On Loan: No      |
| EART 2025-4A B                        | EXETER AUTOMOBILE RECEIVABLES TRUST 2025-4                       | CUSIP: 30167KAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1055000 | PA      | $1058990.96   | 0.02%             | 2030-05-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| EART 2025-4A C                        | EXETER AUTOMOBILE RECEIVABLES TRUST 2025-4                       | CUSIP: 30167KAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1060000 | PA      | $1060929.73   | 0.02%             | 2031-06-16      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| ESART 2025-1 B                        | EXETER SELECT AUTOMOBILE RECEIVABLES TRUST 2025-1                | CUSIP: 30185AAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1400000 | PA      | $1418993.10   | 0.02%             | 2031-08-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| ESART 2025-1 C                        | EXETER SELECT AUTOMOBILE RECEIVABLES TRUST 2025-1                | CUSIP: 30185AAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1400000 | PA      | $1429706.60   | 0.02%             | 2031-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ESART 2025-2 B                        | EXETER SELECT AUTOMOBILE RECEIVABLES TRUST 2025-2                | CUSIP: 30185EAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1050000 | PA      | $1057475.79   | 0.02%             | 2031-11-17      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ESART 2025-2 C                        | EXETER SELECT AUTOMOBILE RECEIVABLES TRUST 2025-2                | CUSIP: 30185EAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1050000 | PA      | $1056625.50   | 0.02%             | 2031-12-15      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| ESA 2025-ESH D 144A                   | EXTENDED STAY AMERICA TRUST 2025-ESH                             | CUSIP: 30227TAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    990000 | PA      | $990000.00    | 0.02%             | 2042-10-15      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| ESA 2025-ESH C 144A                   | EXTENDED STAY AMERICA TRUST 2025-ESH                             | CUSIP: 30227TAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    990000 | PA      | $990000.00    | 0.02%             | 2042-10-15      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| FNR 2023-2 EI                         | FANNIE MAE REMICS                                                | CUSIP: 3136BPVA6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  11332614 | PA      | $1820164.06   | 0.03%             | 2051-04-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FSMT 2019-1INV A11 144A               | FLAGSTAR MORTGAGE TRUST 2019-1                                   | CUSIP: 33852AAL1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    138481 | PA      | $133333.28    | 0.00%             | 2049-10-25      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| FORDL 2023-B D                        | FORD CREDIT AUTO LEASE TRUST 2023-B                              | CUSIP: 34529NAH3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    275000 | PA      | $278284.41    | 0.00%             | 2028-06-15      | Fixed         | 6.97%                 | No            |                  2 | On Loan: No      |
| FORDL 2023-B C                        | FORD CREDIT AUTO LEASE TRUST 2023-B                              | CUSIP: 34529NAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100920.26    | 0.00%             | 2027-04-15      | Fixed         | 6.43%                 | No            |                  2 | On Loan: No      |
| FORDR 2021-1 C 144A                   | FORD CREDIT AUTO OWNER TRUST 2021-REV1                           | CUSIP: 345340AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $394137.12    | 0.01%             | 2033-10-17      | Fixed         | 1.91%                 | No            |                  2 | On Loan: No      |
| FORDR 2021-2 C 144A                   | FORD CREDIT AUTO OWNER TRUST 2021-REV2                           | CUSIP: 345285AC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $194738.68    | 0.00%             | 2034-05-15      | Fixed         | 2.11%                 | No            |                  2 | On Loan: No      |
| FORDR 2021-2 D 144A                   | FORD CREDIT AUTO OWNER TRUST 2021-REV2                           | CUSIP: 345285AD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1805000 | PA      | $1760433.47   | 0.03%             | 2034-05-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| FORDR 2023-1 C 144A                   | FORD CREDIT AUTO OWNER TRUST 2023-REV1                           | CUSIP: 34535QAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1700000 | PA      | $1740291.53   | 0.03%             | 2035-08-15      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| FORDR 2023-2 B 144A                   | FORD CREDIT AUTO OWNER TRUST 2023-REV2                           | CUSIP: 34535CAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    340000 | PA      | $354964.08    | 0.01%             | 2036-02-15      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| FORDF 2025-1 B                        | FORD CREDIT FLOORPLAN MASTER OWNER TRUST A                       | CUSIP: 34529BAC0<br>LEI: 5493001DTG5N7T8BG747 | Long             | ABS-O            | CORP              | US        |   3460000 | PA      | $3487069.66   | 0.06%             | 2030-04-15      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| FORDF 2024-4 A 144A                   | FORD CREDIT FLOORPLAN MASTER OWNER TRUST A                       | CUSIP: 34528QJQ8<br>LEI: 5493001DTG5N7T8BG747 | Long             | ABS-O            | CORP              | US        |    918000 | PA      | $925492.81    | 0.02%             | 2031-09-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| FCBSL 2019-2A BR 144A                 | FORTRESS CREDIT BSL VIII LTD                                     | CUSIP: 34962DAS5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    455000 | PA      | $455119.49    | 0.01%             | 2032-10-20      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| FCBSL 2023-1A A1R 144A                | FORTRESS CREDIT BSL XVIII LTD                                    | CUSIP: 34965DAU7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1755000 | PA      | $1763722.16   | 0.03%             | 2036-04-23      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| STACR 2024-DNA2 A1 144A               | FREDDIE MAC STACR REMIC TRUST 2024-DNA2                          | CUSIP: 35564NCW1<br>LEI: 529900GRKKKHILZX4347 | Long             | ABS-MBS          | USGSE             | US        |   3310087 | PA      | $3326607.73   | 0.06%             | 2044-05-25      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| STACR 2025-DNA2 A1 144A               | FREDDIE MAC STACR REMIC TRUST 2025-DNA2                          | CUSIP: 35564NHY2<br>LEI: 529900XX8WXEM4FBIH80 | Long             | ABS-MBS          | USGSE             | US        |   2754000 | PA      | $2760843.14   | 0.05%             | 2045-05-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| STACR 2025-DNA3 M1 144A               | FREDDIE MAC STACR REMIC TRUST 2025-DNA3                          | CUSIP: 35564UAR8<br>LEI: 5299009HC4IGFM6RXF30 | Long             | ABS-MBS          | USGSE             | US        |   1885000 | PA      | $1885062.21   | 0.03%             | 2045-09-25      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| STACR 2025-HQA1 M1 144A               | FREDDIE MAC STACR REMIC TRUST 2025-HQA1                          | CUSIP: 35564NGZ0<br>LEI: 529900MBUPRSJMB6GN48 | Long             | ABS-MBS          | USGSE             | US        |   1569399 | PA      | $1569394.45   | 0.03%             | 2045-02-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| FREMF 2016-K53 B 144A                 | FREMF 2016-K53 MORTGAGE TRUST                                    | CUSIP: 30288LAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    110000 | PA      | $109580.42    | 0.00%             | 2049-03-25      | Variable      | 4.18%                 | No            |                  2 | On Loan: No      |
| FREMF 2016-K59 B 144A                 | FREMF 2016-K59 MORTGAGE TRUST                                    | CUSIP: 30295RAS0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2383000 | PA      | $2354994.03   | 0.04%             | 2049-11-25      | Variable      | 3.69%                 | No            |                  2 | On Loan: No      |
| FREMF 2017-K71 B 144A                 | FREMF 2017-K71 MORTGAGE TRUST                                    | CUSIP: 35708WAS9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1550000 | PA      | $1519770.97   | 0.03%             | 2050-11-25      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| FREMF 2019-K736 B 144A                | FREMF 2019-K736 MORTGAGE TRUST                                   | CUSIP: 30298MAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    755000 | PA      | $748596.77    | 0.01%             | 2026-07-25      | Variable      | 3.86%                 | No            |                  2 | On Loan: No      |
| FREMF 2020-K737 B 144A                | FREMF 2020-K737 MORTGAGE TRUST                                   | CUSIP: 30300SAS1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    210000 | PA      | $207018.90    | 0.00%             | 2053-01-25      | Variable      | 3.44%                 | No            |                  2 | On Loan: No      |
| FYBR 2024-1 A2 144A                   | FRONTIER ISSUER LLC                                              | CUSIP: 35910EAK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2250000 | PA      | $2319127.65   | 0.04%             | 2054-06-20      | Fixed         | 6.19%                 | No            |                  2 | On Loan: No      |
| FYBR 2024-1 C 144A                    | FRONTIER ISSUER LLC                                              | CUSIP: 35910EAP9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     25126 | PA      | $28192.89     | 0.00%             | 2054-06-20      | Fixed         | 11.16%                | No            |                  2 | On Loan: No      |
| FYBR 2023-1 C 144A                    | FRONTIER ISSUER LLC                                              | CUSIP: 35910EAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1955000 | PA      | $2037597.19   | 0.03%             | 2053-08-20      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| GCAT 2023-INV1 A1 144A                | GCAT 2023-INV1 TRUST                                             | CUSIP: 36830QAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    596355 | PA      | $604508.46    | 0.01%             | 2053-08-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| GCAT 2025-NQM1 A1 144A                | GCAT 2025-NQM1 TRUST                                             | CUSIP: 36171GAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1571298 | PA      | $1580392.18   | 0.03%             | 2069-11-25      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| GMALT 2024-1 B                        | GM FINANCIAL AUTOMOBILE LEASING TRUST 2024-1                     | CUSIP: 36269FAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    887000 | PA      | $894961.45    | 0.01%             | 2028-03-20      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| GMALT 2025-2 B                        | GM FINANCIAL AUTOMOBILE LEASING TRUST 2025-2                     | CUSIP: 362962AF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1263134.75   | 0.02%             | 2029-04-20      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| GMALT 2025-2 C                        | GM FINANCIAL AUTOMOBILE LEASING TRUST 2025-2                     | CUSIP: 362962AG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1200000 | PA      | $1213201.08   | 0.02%             | 2029-10-22      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| GMCAR 2025-2 C                        | GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2025-2        | CUSIP: 362549AG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    710000 | PA      | $715793.17    | 0.01%             | 2032-10-18      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| GMCAR 2025-2 B                        | GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2025-2        | CUSIP: 362549AF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1007772.30   | 0.02%             | 2031-05-16      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| GCBSL 2024-76A B 144A                 | GOLUB CAPITAL PARTNERS CLO 76 B LTD                              | CUSIP: 38180BAE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    250000 | PA      | $250729.55    | 0.00%             | 2037-10-25      | Floating      | 5.99%                 | No            |                  2 | On Loan: No      |
| GOST 2024-1A BR 144A                  | GOLUB CAPITAL PARTNERS STATIC 2024-1 LTD                         | CUSIP: 381929AQ1<br>LEI: 25490083RWI1EQQYLH43 | Long             | ABS-CBDO         | CORP              | KY        |   2100000 | PA      | $2081058.44   | 0.03%             | 2035-07-20      | Floating      | 5.83%                 | No            |                  2 | On Loan: No      |
| FOCUS 2017-1A A2II 144A               | GOTO FOODS FUNDING LLC                                           | CUSIP: 34417MAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1045950 | PA      | $1044891.50   | 0.02%             | 2047-04-30      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| GRACE 2020-GRCE B 144A                | GRACE TRUST 2020-GRCE                                            | CUSIP: 38406JAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1700000 | PA      | $1509475.22   | 0.03%             | 2040-12-10      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| GSMS 2019-GC40 A4                     | GS MORTGAGE SECURITIES TRUST 2019-GC40                           | CUSIP: 36257HBP0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    440000 | PA      | $416878.70    | 0.01%             | 2052-07-10      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| HLSY 2022-6A A1R 144A                 | HALSEYPOINT CLO 6 LTD                                            | CUSIP: 40639GAN9<br>LEI: 5493001PG85K1980W896 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003905.16   | 0.02%             | 2038-01-20      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| HLSY 2023-7A A1R 144A                 | HALSEYPOINT CLO 7 LTD                                            | CUSIP: 40638LAL3<br>LEI: 5493000LI3XMVBCJEF82 | Long             | ABS-CBDO         | CORP              | JE        |   1750000 | PA      | $1759001.88   | 0.03%             | 2038-07-20      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| HARB 2018-1A B1R 144A                 | HARBOR PARK CLO LTD                                              | CUSIP: 41154XAS4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1290000 | PA      | $1290456.08   | 0.02%             | 2031-01-20      | Floating      | 6.03%                 | No            |                  2 | On Loan: No      |
| HNGRY 2020-1A A2 144A                 | HARDEE'S FUNDING LLC                                             | CUSIP: 411707AH5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4191000 | PA      | $4041418.18   | 0.07%             | 2050-12-20      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| HNGRY 2018-1A A23 144A                | HARDEE'S FUNDING LLC                                             | CUSIP: 411707AF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2087850 | PA      | $2079878.17   | 0.03%             | 2048-06-20      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| HILT 2024-ORL B 144A                  | HILT COMMERCIAL MORTGAGE TRUST 2024-ORL                          | CUSIP: 403956AC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    350000 | PA      | $350546.88    | 0.01%             | 2037-05-15      | Floating      | 6.09%                 | No            |                  2 | On Loan: No      |
| HILT 2024-ORL A 144A                  | HILT COMMERCIAL MORTGAGE TRUST 2024-ORL                          | CUSIP: 403956AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1400000 | PA      | $1402187.50   | 0.02%             | 2037-05-15      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| HGVT 2020-AA B 144A                   | HILTON GRAND VACATIONS TRUST 2020-A                              | CUSIP: 43285HAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     87567 | PA      | $87234.84     | 0.00%             | 2039-02-25      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| HOMES 2025-AFC2 A1B 144A              | HOMES 2025-AFC2 TRUST                                            | CUSIP: 43761YAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    827392 | PA      | $832238.61    | 0.01%             | 2060-06-25      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| HOMES 2025-NQM2 A1 144A               | HOMES 2025-NQM2 TRUST                                            | CUSIP: 403966AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1621448 | PA      | $1630484.67   | 0.03%             | 2070-02-25      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| HPEFS 2023-2A D 144A                  | HPEFS EQUIPMENT TRUST 2023-2                                     | CUSIP: 44328UAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    215000 | PA      | $218353.53    | 0.00%             | 2031-07-21      | Fixed         | 6.97%                 | No            |                  2 | On Loan: No      |
| HY 2025-SPRL A 144A                   | HUDSON YARDS 2025-SPRL MORTGAGE TRUST                            | CUSIP: 44855PAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1550095.80   | 0.03%             | 2040-01-13      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| HACLN 2024-1 B1 144A                  | HUNTINGTON BANK AUTO CREDIT-LINKED NOTES SERIES 2024-1           | CUSIP: 44644NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    930450 | PA      | $945698.37    | 0.02%             | 2032-05-20      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| HACLN 2024-2 B1 144A                  | HUNTINGTON BANK AUTO CREDIT-LINKED NOTES SERIES 2024-2           | CUSIP: 44644NAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1902762 | PA      | $1921237.49   | 0.03%             | 2032-10-20      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| HACLN 2025-2 C 144A                   | HUNTINGTON BANK AUTO CREDIT-LINKED NOTES SERIES 2025-2           | CUSIP: 44644NAQ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    872284 | PA      | $872278.87    | 0.01%             | 2033-09-20      | Floating      | 6.74%                 | No            |                  2 | On Loan: No      |
| HALST 2025-B B 144A                   | HYUNDAI AUTO LEASE SECURITIZATION TRUST 2025-B                   | CUSIP: 44935DAF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1050000 | PA      | $1063985.58   | 0.02%             | 2029-08-15      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| HART 2025-B C                         | HYUNDAI AUTO RECEIVABLES TRUST 2025-B                            | CUSIP: 44935XAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1750000 | PA      | $1780949.98   | 0.03%             | 2032-07-15      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| JPMCC 2016-NINE A 144A                | J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2016-NINE | CUSIP: 46646GAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1763000 | PA      | $1733936.06   | 0.03%             | 2038-09-06      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| JPMCC 2016-NINE B 144A                | J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2016-NINE | CUSIP: 46646GAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1193000 | PA      | $1170996.43   | 0.02%             | 2038-09-06      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| JACK 2022-1A A2I 144A                 | JACK IN THE BOX FUNDING LLC                                      | CUSIP: 466365AD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2055300 | PA      | $1997411.45   | 0.03%             | 2052-02-26      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| JPMMT 2019-HYB1 B4 144A               | JP MORGAN MORTGAGE TRUST 2019-HYB1                               | CUSIP: 46651FAU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1733236 | PA      | $1739122.33   | 0.03%             | 2049-10-25      | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| JPMMT 2025-DSC2 A1 144A               | JP MORGAN MORTGAGE TRUST 2025-DSC2                               | CUSIP: 46659VAA6<br>LEI: 529900SXYOW2J5ABY729 | Long             | ABS-MBS          | CORP              | US        |    878988 | PA      | $878979.16    | 0.01%             | 2065-10-25      | Variable      | 5.20%                 | No            |                  2 | On Loan: No      |
| JPMMT 2025-DSC1 A1 144A               | JP MORGAN MORTGAGE TRUST SERIES 2025-DSC1                        | CUSIP: 46593TAA0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1658500 | PA      | $1674204.61   | 0.03%             | 2065-09-25      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| KKR 34A BR 144A                       | KKR CLO 34 LTD                                                   | CUSIP: 48253UAL0<br>LEI: 254900DSRKUNUNRNUG13 | Long             | ABS-CBDO         | CORP              | KY        |   1875000 | PA      | $1871497.65   | 0.03%             | 2034-07-15      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| LNSTR 2016-4 AS 144A                  | LSTAR COMMERCIAL MORTGAGE TRUST 2016-4                           | CUSIP: 50219QAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $696149.44    | 0.01%             | 2049-03-10      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| MTLRF 2025-1A A3 144A                 | M&T EQUIPMENT 2025-LEAF1 NOTES                                   | CUSIP: 55340QAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1735000 | PA      | $1760951.96   | 0.03%             | 2029-09-17      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| MDPK 2022-60A BR 144A                 | MADISON PARK FUNDING LX LTD                                      | CUSIP: 557910AS5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    265000 | PA      | $266238.67    | 0.00%             | 2037-10-25      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| MDPK 2020-45A BRR 144A                | MADISON PARK FUNDING XLV LTD                                     | CUSIP: 55820BAU1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    355000 | PA      | $355479.87    | 0.01%             | 2034-07-15      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| MDPK 2017-23A BR 144A                 | MADISON PARK FUNDING XXIII LTD                                   | CUSIP: 55820TAL2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1150000 | PA      | $1150503.93   | 0.02%             | 2031-07-27      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| MDPK 2021-39A BR 144A                 | MADISON PARK FUNDING XXXIX LTD                                   | CUSIP: 55821LAL8<br>LEI: 254900K0MU6TXERK4I83 | Long             | ABS-CBDO         | CORP              | KY        |   1300000 | PA      | $1301851.75   | 0.02%             | 2034-10-22      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| MDPK 2019-35A BR 144A                 | MADISON PARK FUNDING XXXV LTD                                    | CUSIP: 55819MAU0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2502252.98   | 0.04%             | 2032-04-20      | Floating      | 5.99%                 | No            |                  2 | On Loan: No      |
| OMW 2020-1MW A 144A                   | MANHATTAN WEST 2020-1MW MORTGAGE TRUST                           | CUSIP: 563136AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1720000 | PA      | $1639320.82   | 0.03%             | 2039-09-10      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| MED 2024-MOB A 144A                   | MED COMMERCIAL MORTGAGE TRUST 2024-MOB                           | CUSIP: 55287BAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    831608 | PA      | $829556.26    | 0.01%             | 2041-05-15      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| MILOS 2017-1A BR 144A                 | MILOS CLO LTD                                                    | CUSIP: 60162PAG7<br>LEI: 254900GFWI4EEB8IJS18 | Long             | ABS-CBDO         | CORP              | KY        |   2350000 | PA      | $2350982.65   | 0.04%             | 2030-10-20      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| MMAF 2023-A A4 144A                   | MMAF EQUIPMENT FINANCE LLC 2023-A                                | CUSIP: 55317WAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    649000 | PA      | $667044.60    | 0.01%             | 2038-12-13      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MSBAM 2016-C32 A4                     | MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST 2016-C32      | CUSIP: 61691GAS9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    450000 | PA      | $446475.38    | 0.01%             | 2049-12-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| MSWF 2023-2 A5                        | MSWF COMMERCIAL MORTGAGE TRUST 2023-2                            | CUSIP: 55361AAU8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    330000 | PA      | $357092.60    | 0.01%             | 2056-12-15      | Variable      | 6.01%                 | No            |                  2 | On Loan: No      |
| MVWOT 2020-1A C 144A                  | MVW 2020-1 LLC                                                   | CUSIP: 55400EAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     42993 | PA      | $42611.69     | 0.00%             | 2037-10-20      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| MVWOT 2023-2A B 144A                  | MVW 2023-2 LLC                                                   | CUSIP: 55400WAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     66731 | PA      | $68213.77     | 0.00%             | 2040-11-20      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| MVWOT 2023-2A A 144A                  | MVW 2023-2 LLC                                                   | CUSIP: 55400WAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    457875 | PA      | $469890.99    | 0.01%             | 2040-11-20      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| MVWOT 2025-1A C 144A                  | MVW 2025-1 LLC                                                   | CUSIP: 627924AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2154645 | PA      | $2171657.89   | 0.04%             | 2042-09-22      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MVWOT 2025-1A A 144A                  | MVW 2025-1 LLC                                                   | CUSIP: 627924AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    924702 | PA      | $935647.90    | 0.02%             | 2042-09-22      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| NAVEL 2025-A A 144A                   | NAVIENT EDUCATION LOAN TRUST 2025-A                              | CUSIP: 63943EAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    857006 | PA      | $865410.54    | 0.01%             | 2055-07-15      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| NAVEL 2025-A B 144A                   | NAVIENT EDUCATION LOAN TRUST 2025-A                              | CUSIP: 63943EAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    900000 | PA      | $907736.13    | 0.02%             | 2055-07-15      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| NAVSL 2019-D A2B 144A                 | NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2019-D                 | CUSIP: 63941CAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    330665 | PA      | $329487.05    | 0.01%             | 2059-12-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| NAVSL 2021-GA B 144A                  | NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2021-G                 | CUSIP: 63942KAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1750000 | PA      | $1314426.23   | 0.02%             | 2070-04-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| NAVSL 2023-A A 144A                   | NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2023-A                 | CUSIP: 638961AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1271388 | PA      | $1302370.58   | 0.02%             | 2071-10-15      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| NAVMT 2024-1 A 144A                   | NAVISTAR FINANCIAL DEALER NOTE MASTER OWNER TRUST                | CUSIP: 63938PBW8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1267000 | PA      | $1276270.77   | 0.02%             | 2029-04-25      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| NSLT 2021-CA AFX 144A                 | NELNET STUDENT LOAN TRUST 2021-C                                 | CUSIP: 64035GAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1827116 | PA      | $1711627.87   | 0.03%             | 2062-04-20      | Fixed         | 1.32%                 | No            |                  2 | On Loan: No      |
| NAROT 2025-A B                        | NISSAN AUTO RECEIVABLES 2025-A OWNER TRUST                       | CUSIP: 65481GAF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    815000 | PA      | $827733.97    | 0.01%             | 2031-10-15      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| NMEF 2024-A A2 144A                   | NMEF FUNDING 2024-A LLC                                          | CUSIP: 62919UAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    306260 | PA      | $308622.79    | 0.01%             | 2031-12-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| NMEF 2025-A A2 144A                   | NMEF FUNDING 2025-A LLC                                          | CUSIP: 62919VAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    548329 | PA      | $550818.59    | 0.01%             | 2032-07-15      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| WOODS 2018-12BA BR 144A               | NORTHWOODS CAPITAL XII-B LTD                                     | CUSIP: 66858CAQ0<br>LEI: 549300R06FSYRU75ZW78 | Long             | ABS-CBDO         | CORP              | KY        |   2100000 | PA      | $2103315.02   | 0.03%             | 2031-06-15      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| OBX 2020-EXP3 2A1B 144A               | OBX 2020-EXP3 TRUST                                              | CUSIP: 67448WBC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2296137 | PA      | $2289239.11   | 0.04%             | 2060-01-25      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| OBX 2021-NQM1 A3 144A                 | OBX 2021-NQM1 TRUST                                              | CUSIP: 67114BAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    354609 | PA      | $310714.54    | 0.01%             | 2066-02-25      | Variable      | 1.33%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM5 A1 144A                 | OBX 2024-NQM5 TRUST                                              | CUSIP: 67448NAA6<br>LEI: 254900RDM4XSF0B1E373 | Long             | ABS-MBS          | CORP              | US        |   1521723 | PA      | $1536800.90   | 0.03%             | 2064-01-25      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM6 A1 144A                 | OBX 2025-NQM6 TRUST                                              | CUSIP: 67448UAA0<br>LEI: 254900W46UQEWQMYYZ02 | Long             | ABS-MBS          | CORP              | US        |   1453861 | PA      | $1470469.35   | 0.02%             | 2065-03-25      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM7 A1 144A                 | OBX 2025-NQM7 TRUST                                              | CUSIP: 67121DAA2<br>LEI: 2549008GB179CC65SK60 | Long             | ABS-MBS          | CORP              | US        |   1917483 | PA      | $1935827.85   | 0.03%             | 2055-05-25      | Variable      | 5.56%                 | No            |                  2 | On Loan: No      |
| OCT49 2020-5A AR 144A                 | OCTAGON INVESTMENT PARTNERS 49 LTD                               | CUSIP: 67578FAN7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1790000 | PA      | $1795526.64   | 0.03%             | 2037-04-15      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| OCTL 2022-1A C 144A                   | OCTANE RECEIVABLES TRUST 2022-1                                  | CUSIP: 67571EAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    230000 | PA      | $230395.21    | 0.00%             | 2028-07-20      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| OCTL 2024-3A C 144A                   | OCTANE RECEIVABLES TRUST 2024-3                                  | CUSIP: 67571GAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1695000 | PA      | $1726835.15   | 0.03%             | 2031-10-20      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| OCTL 2024-RVM1 C 144A                 | OCTANE RECEIVABLES TRUST 2024-RVM1                               | CUSIP: 67579FAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $254526.98    | 0.00%             | 2046-01-22      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| OCTL 2024-RVM1 A 144A                 | OCTANE RECEIVABLES TRUST 2024-RVM1                               | CUSIP: 67579FAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    722661 | PA      | $732135.61    | 0.01%             | 2046-01-22      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| OZLMF 2012-2A BR4 144A                | OZLM FUNDING II LTD                                              | CUSIP: 67108BCJ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1751273.00   | 0.03%             | 2037-07-30      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| PSTAT 2022-4A BR 144A                 | PALMER SQUARE LOAN FUNDING 2022-4 LTD                            | CUSIP: 69702YAN1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1185000 | PA      | $1185327.34   | 0.02%             | 2031-07-24      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| PEAC 2024-1A A2 144A                  | PEAC SOLUTIONS RECEIVABLES 2024-1 LLC                            | CUSIP: 69433BAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1110185 | PA      | $1119888.78   | 0.02%             | 2027-06-21      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| PEAC 2025-1A A3 144A                  | PEAC SOLUTIONS RECEIVABLES 2025-1 LLC                            | CUSIP: 69392HAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    110000 | PA      | $111975.41    | 0.00%             | 2032-07-20      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| PLNT 2022-1A A2I 144A                 | PLANET FITNESS MASTER ISSUER LLC                                 | CUSIP: 72703PAD5<br>LEI: 549300NX9W3U2DO53T22 | Long             | ABS-O            | CORP              | US        |    482500 | PA      | $474130.80    | 0.01%             | 2051-12-05      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PMTLT 2025-INV5 A2 144A               | PMT LOAN TRUST 2025-INV5                                         | CUSIP: 729907AB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    944999 | PA      | $957918.99    | 0.02%             | 2056-05-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| PMTLT 2025-INV7 A1 144A               | PMT LOAN TRUST 2025-INV7                                         | CUSIP: 73015FAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1085018 | PA      | $1103243.30   | 0.02%             | 2056-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| PILOT 2025-1A A4 144A                 | PORSCHE INNOVATIVE LEASE OWNER TRUST 2025-1                      | CUSIP: 73329KAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1730000 | PA      | $1757467.04   | 0.03%             | 2030-11-20      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| PREF 2024-1A C 144A                   | POST ROAD EQUIPMENT FINANCE 2024-1 LLC                           | CUSIP: 737473AD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1545000 | PA      | $1568311.58   | 0.03%             | 2030-10-15      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| PREF 2025-1A B 144A                   | POST ROAD EQUIPMENT FINANCE 2025-1 LLC                           | CUSIP: 73747LAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2027456.00   | 0.03%             | 2031-05-15      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| PROG 2021-SFR3 F 144A                 | PROGRESS RESIDENTIAL 2021-SFR3                                   | CUSIP: 74333VAN4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1750000 | PA      | $1734238.45   | 0.03%             | 2026-05-17      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| PROG 2021-SFR8 E1 144A                | PROGRESS RESIDENTIAL 2021-SFR8 TRUST                             | CUSIP: 74333TAJ8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1820000 | PA      | $1778634.31   | 0.03%             | 2038-10-17      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| PROG 2021-SFR8 D 144A                 | PROGRESS RESIDENTIAL 2021-SFR8 TRUST                             | CUSIP: 74333TAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $586243.80    | 0.01%             | 2038-10-17      | Fixed         | 2.08%                 | No            |                  2 | On Loan: No      |
| PROG 2025-SFR2 A 144A                 | PROGRESS RESIDENTIAL 2025-SFR2 TRUST                             | CUSIP: 74334GAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1870989 | PA      | $1775120.28   | 0.03%             | 2042-04-17      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| PROG 2025-SFR5 A 144A                 | PROGRESS RESIDENTIAL 2025-SFR5 TRUST                             | CUSIP: 74334RAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1955000 | PA      | $1894312.50   | 0.03%             | 2042-10-17      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| PROG 2021-SFR6 E1 144A                | PROGRESS RESIDENTIAL TRUST                                       | CUSIP: 74333HAJ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2042500 | PA      | $1999386.09   | 0.03%             | 2038-07-17      | Fixed         | 2.42%                 | No            |                  2 | On Loan: No      |
| RCKT 2024-CES9 A1A 144A               | RCKT MORTGAGE TRUST 2024-CES9                                    | CUSIP: 749426AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    129082 | PA      | $130453.02    | 0.00%             | 2044-12-25      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| REG16 2019-2A CR 144A                 | REGATTA XVI FUNDING LTD                                          | CUSIP: 75888TAS4<br>LEI: 254900XPJFGKL5R4O429 | Long             | ABS-CBDO         | CORP              | KY        |    650000 | PA      | $650114.00    | 0.01%             | 2033-01-15      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| REG20 2021-2A BR 144A                 | REGATTA XX FUNDING LTD                                           | CUSIP: 75884YAL2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1004213.12   | 0.02%             | 2038-01-15      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| ROCC 2024-CNTR B 144A                 | ROCK TRUST 2024-CNTR                                             | CUSIP: 74970WAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2067194.20   | 0.03%             | 2041-11-13      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| ROCKT 2019-2A BR2 144A                | ROCKFORD TOWER CLO 2019-2 LTD                                    | CUSIP: 77341GAU4<br>LEI: 549300IG5M07NI4QKK80 | Long             | ABS-CBDO         | CORP              | KY        |   2100000 | PA      | $2100707.43   | 0.03%             | 2032-08-20      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| ROCKT 2022-2A CR 144A                 | ROCKFORD TOWER CLO 2022-2 LTD                                    | CUSIP: 77340LAR1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    875000 | PA      | $879848.36    | 0.01%             | 2035-10-20      | Floating      | 7.62%                 | No            |                  2 | On Loan: No      |
| SDCP 2021-1 A2 144A                   | SABEY DATA CENTER ISSUER LLC                                     | CUSIP: 78520EAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    785000 | PA      | $767425.26    | 0.01%             | 2046-06-20      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| SBCLN 2023-B D 144A                   | SANTANDER BANK AUTO CREDIT-LINKED NOTES SERIES 2023-B            | CUSIP: 80290CCD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1851609 | PA      | $1879766.25   | 0.03%             | 2033-12-15      | Fixed         | 6.66%                 | No            |                  2 | On Loan: No      |
| SBCLN 2023-B E 144A                   | SANTANDER BANK AUTO CREDIT-LINKED NOTES SERIES 2023-B            | CUSIP: 80290CCE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    548646 | PA      | $559061.05    | 0.01%             | 2033-12-15      | Fixed         | 8.41%                 | No            |                  2 | On Loan: No      |
| SBCLN 2024-B A2 144A                  | SANTANDER BANK AUTO CREDIT-LINKED NOTES SERIES 2024-B            | CUSIP: 80280BAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    901047 | PA      | $907407.75    | 0.02%             | 2033-01-18      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| SCART 2021-AA E 144A                  | SANTANDER CONSUMER AUTO RECEIVABLES TRUST 2021-A                 | CUSIP: 80282YAH9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1750000 | PA      | $1741221.65   | 0.03%             | 2027-03-15      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| SDART 2024-2 B                        | SANTANDER DRIVE AUTO RECEIVABLES TRUST 2024-2                    | CUSIP: 80286YAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2220000 | PA      | $2253985.09   | 0.04%             | 2029-07-16      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| SAN 2025-NQM2 A1 144A                 | SANTANDER MORTGAGE ASSET RECEIVABLE TRUST 2025-NQM2              | CUSIP: 802638AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1660125 | PA      | $1676434.30   | 0.03%             | 2065-02-25      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| SBALT 2024-A A4 144A                  | SBNA AUTO LEASE TRUST 2024-A                                     | CUSIP: 78414SAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2745000 | PA      | $2762802.70   | 0.05%             | 2029-01-22      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| SCFET 2023-1A C 144A                  | SCF EQUIPMENT LEASING 2023-1 LLC                                 | CUSIP: 784024AE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1685000 | PA      | $1753589.44   | 0.03%             | 2033-08-22      | Fixed         | 6.77%                 | No            |                  2 | On Loan: No      |
| SCFET 2025-1A A3 144A                 | SCF EQUIPMENT TRUST 2016-1 LLC                                   | CUSIP: 78437DAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    160000 | PA      | $163754.82    | 0.00%             | 2033-11-21      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| SEB4P 2021-1A A2 144A                 | SEB FUNDING LLC                                                  | CUSIP: 78433DAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1221938 | PA      | $1208541.28   | 0.02%             | 2052-01-30      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| SSTRT 2025-B C 144A                   | SECURITIZED TERM AUTO RECEIVABLES TRUST 2025-B                   | CUSIP: 81378WAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | CA        |   1090861 | PA      | $1099151.88   | 0.02%             | 2032-12-29      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| SSTRT 2025-B B 144A                   | SECURITIZED TERM AUTO RECEIVABLES TRUST 2025-B                   | CUSIP: 81378WAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | CA        |   1090861 | PA      | $1100114.02   | 0.02%             | 2032-12-29      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| SEMT 2024-HYB1 A1A 144A               | SEQUOIA MORTGAGE TRUST 2024-HYB1                                 | CUSIP: 81749EAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1615408 | PA      | $1626283.29   | 0.03%             | 2063-11-25      | Variable      | 4.44%                 | No            |                  2 | On Loan: No      |
| SERV 2020-1 A2I 144A                  | SERVICEMASTER FUNDING LLC                                        | CUSIP: 81761TAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1528875 | PA      | $1440556.90   | 0.02%             | 2051-01-30      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| SFAST 2023-1A C 144A                  | SFS AUTO RECEIVABLES SECURITIZATION TRUST 2023-1                 | CUSIP: 78398AAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    470000 | PA      | $483717.09    | 0.01%             | 2031-02-20      | Fixed         | 5.97%                 | No            |                  2 | On Loan: No      |
| SFAST 2024-1A A4 144A                 | SFS AUTO RECEIVABLES SECURITIZATION TRUST 2024-1                 | CUSIP: 78435VAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     30000 | PA      | $30471.36     | 0.00%             | 2031-01-21      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| SHACK 2019-14A BRR 144A               | SHACKLETON 2019-XIV CLO LTD                                      | CUSIP: 81880XAY8<br>LEI: 549300HOHPZON6E4VH77 | Long             | ABS-CBDO         | CORP              | KY        |    350000 | PA      | $350105.95    | 0.01%             | 2034-07-20      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| SRFC 2022-1A B 144A                   | SIERRA TIMESHARE 2022-1 RECEIVABLES FUNDING LLC                  | CUSIP: 82652TAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    394788 | PA      | $389872.10    | 0.01%             | 2038-10-20      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| SRFC 2022-3A B 144A                   | SIERRA TIMESHARE 2022-3 RECEIVABLES FUNDING LLC                  | CUSIP: 826934AB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    126110 | PA      | $129058.27    | 0.00%             | 2039-07-20      | Fixed         | 6.32%                 | No            |                  2 | On Loan: No      |
| SRFC 2023-3A A 144A                   | SIERRA TIMESHARE 2023-3 RECEIVABLES FUNDING LLC                  | CUSIP: 826944AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     36687 | PA      | $37822.58     | 0.00%             | 2040-09-20      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| SRFC 2024-1A D 144A                   | SIERRA TIMESHARE 2024-1 RECEIVABLES FUNDING LLC                  | CUSIP: 826935AD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    835288 | PA      | $856626.15    | 0.01%             | 2043-01-20      | Fixed         | 8.02%                 | No            |                  2 | On Loan: No      |
| SMB 2015-C C 144A                     | SMB PRIVATE EDUCATION LOAN TRUST 2015-C                          | CUSIP: 78448RAF3<br>LEI: 549300GD7VLLBVPDNJ81 | Long             | ABS-O            | CORP              | US        |   1290000 | PA      | $1283956.09   | 0.02%             | 2046-09-17      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SMB 2019-B A2B 144A                   | SMB PRIVATE EDUCATION LOAN TRUST 2019-B                          | CUSIP: 83192CAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    108178 | PA      | $108231.81    | 0.00%             | 2037-06-15      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| SMB 2021-A A2A1 144A                  | SMB PRIVATE EDUCATION LOAN TRUST 2021-A                          | CUSIP: 78448YAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1653345 | PA      | $1637119.40   | 0.03%             | 2053-01-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| SMB 2025-A A1A 144A                   | SMB PRIVATE EDUCATION LOAN TRUST 2025-A                          | CUSIP: 83207EAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1681656 | PA      | $1711603.17   | 0.03%             | 2054-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| SMRT 2022-MINI C 144A                 | SMRT 2022-MINI                                                   | CUSIP: 78457JAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    241000 | PA      | $239945.63    | 0.00%             | 2039-01-15      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| SONIC 2020-1A A2I 144A                | SONIC CAPITAL LLC                                                | CUSIP: 83546DAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2164100 | PA      | $2132785.26   | 0.04%             | 2050-01-20      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| SNDPT 2015-2A ARRR 144A               | SOUND POINT CLO IX LTD                                           | CUSIP: 83609GBN4<br>LEI: 549300W2FX6HEXN27U70 | Long             | ABS-CBDO         | CORP              | KY        |    725201 | PA      | $724471.05    | 0.01%             | 2032-07-20      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| SREIT 2021-PALM B 144A                | SREIT TRUST 2021-PALM                                            | CUSIP: 85237AAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $747187.50    | 0.01%             | 2034-10-15      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| SFUEL 2025-AA A4 144A                 | STELLANTIS FINANCIAL UNDERWRITTEN ENHANCED LEASE TRUST 2025-A    | CUSIP: 858928AE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1695000 | PA      | $1709036.46   | 0.03%             | 2029-03-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SFUEL 2025-AA C 144A                  | STELLANTIS FINANCIAL UNDERWRITTEN ENHANCED LEASE TRUST 2025-A    | CUSIP: 858928AG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    560000 | PA      | $565664.46    | 0.01%             | 2029-08-20      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| SFUEL 2025-AA B 144A                  | STELLANTIS FINANCIAL UNDERWRITTEN ENHANCED LEASE TRUST 2025-A    | CUSIP: 858928AF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1700000 | PA      | $1715158.56   | 0.03%             | 2029-04-20      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| SFUEL 2025-BA C 144A                  | STELLANTIS FINANCIAL UNDERWRITTEN ENHANCED LEASE TRUST 2025-B    | CUSIP: 858933AF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    900000 | PA      | $903114.99    | 0.02%             | 2030-01-22      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| SYMP 2023-39A BR 144A                 | SYMPHONY CLO 39 LTD                                              | CUSIP: 87169TAN0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |    500000 | PA      | $501179.36    | 0.01%             | 2038-01-25      | Floating      | 6.02%                 | No            |                  2 | On Loan: No      |
| SYMP 2024-43A A1 144A                 | SYMPHONY CLO 43 LTD                                              | CUSIP: 87170BAA4<br>LEI: 254900QCSPTCYRSY3N68 | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1758540.77   | 0.03%             | 2037-04-15      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| SYNIT 2025-A2 A                       | SYNCHRONY CARD FUNDING LLC                                       | CUSIP: 87166PAQ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1720000 | PA      | $1740615.92   | 0.03%             | 2031-05-15      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| TRP DYNAMIC CREDIT FD-Z               | T ROWE PR DYN CRDT-Z                                             | CUSIP: 77956H153<br>LEI: 549300WMBCO7MBYMNE44 | Long             | EC               | RF                | US        |  34411289 | NS      | $306604580.66 | 5.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TRP DYNAMIC GLOBAL BOND FD-Z          | T ROWE PRICE DYNAMIC GLOBAL BOND FUND                            | CUSIP: 87281D702<br>LEI: 549300RBL73KV0WZZF27 | Long             | EC               | RF                | US        |  38951563 | NS      | $299927031.68 | 4.98%             |  |  |  | No            |                  1 | On Loan: No      |
| TRP EMER MKTS BND FD-Z                | T ROWE PRICE EMERGING MARKETS BOND FUND                          | CUSIP: 87281D801<br>LEI: 515326IHLDOILEO6ED43 | Long             | EC               | RF                | US        |  45286716 | NS      | $437469680.14 | 7.27%             |  |  |  | No            |                  1 | On Loan: No      |
| T ROWE PR EMERG CORP BND-Z            | T ROWE PRICE EMERGING MARKETS CORPORATE BOND FUND                | CUSIP: 77956H146<br>LEI: JPXYPBZPFL7E5KI10Q36 | Long             | EC               | RF                | US        |  12276946 | NS      | $116017138.03 | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| TRP EMRG MKTS LOCAL CURR BD FD-Z      | T ROWE PRICE EMERGING MARKETS LOCAL CURRENCY BOND FUND           | CUSIP: 87281D769<br>LEI: 308254AVG0WE2QK20V13 | Long             | EC               | RF                | US        |  38362640 | NS      | $193347704.74 | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| TRP FLOATING RATE FD-Z                | T ROWE PRICE FLOATING RATE FUND                                  | CUSIP: 87279B403<br>LEI: 55EVHYN9ZAYVXIDNQB12 | Long             | EC               | RF                | US        |  65403642 | NS      | $605637723.72 | 10.06%            |  |  |  | No            |                  1 | On Loan: No      |
| TRP HIGH YIELD FD-Z                   | T ROWE PRICE HIGH YIELD FUND INC                                 | CUSIP: 741481709<br>LEI: 2F9VPFCSWR3EU5WBPH73 | Long             | EC               | RF                | US        | 135612335 | NS      | $816386258.36 | 13.57%            |  |  |  | No            |                  1 | On Loan: No      |
| T ROWE PR INFL PROT BND-Z             | T ROWE PRICE INFLATION PROTECTED BOND FUND INC                   | CUSIP: 87284N103<br>LEI: QTPF0SBNUVQ114GUHO71 | Long             | EC               | RF                | US        |  11281016 | NS      | $120030006.74 | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| TRP INTL BOND FD-Z                    | T ROWE PRICE INTERNATIONAL BOND FUND                             | CUSIP: 87281D868<br>LEI: C339HPVTHLLM709WSU55 | Long             | EC               | RF                | US        |   9503597 | NS      | $69376259.59  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TRP INTL BOND FD (USD HEDGED)-Z       | T ROWE PRICE INTERNATIONAL BOND FUND - USD HEDGED                | CUSIP: 87281D850<br>LEI: 549300A3CV9FBEEC1242 | Long             | EC               | RF                | US        |  39740902 | NS      | $340579525.98 | 5.66%             |  |  |  | No            |                  1 | On Loan: No      |
| TRP LTD DURATION INFL FOCUSED BD FD-Z | T ROWE PRICE LIMITED DURATION INFLATION FOCUSED BOND FUND        | CUSIP: 872798301<br>LEI: 5493009ZRV6DHHWWGU69 | Long             | EC               | RF                | US        |  23957646 | NS      | $115475852.22 | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| TRP QM US BOND ETF                    | T ROWE PRICE QM US BOND ETF                                      | CUSIP: 87283Q602<br>LEI: 549300O4W4YA5BX4VR45 | Long             | EC               | RF                | US        |  15050001 | NS      | $648053043.06 | 10.77%            |  |  |  | No            |                  1 | On Loan: No      |
| TRP SHORT TERM BOND-Z                 | T ROWE PRICE SHORT-TERM BOND FUND INC                            | CUSIP: 87284F100<br>LEI: O3EF15Z749ITOPZMGX97 | Long             | EC               | RF                | US        |  26306255 | NS      | $122324084.48 | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TRP TOTAL RETURN ETF                  | T ROWE PRICE TOTAL RETURN ETF                                    | CUSIP: 87283Q800<br>LEI: 549300YYO0GDGZ739W96 | Long             | EC               | RF                | US        |  10500001 | NS      | $428221540.78 | 7.12%             |  |  |  | No            |                  1 | On Loan: No      |
| TRP US HIGH YIELD ETF                 | T ROWE PRICE US HIGH YIELD ETF                                   | CUSIP: 87283Q875<br>LEI: 549300BA4BIBITWKOB05 | Long             | EC               | RF                | US        |  13383501 | NS      | $701899048.30 | 11.66%            |  |  |  | No            |                  1 | On Loan: No      |
| TRP US TREASURY INTERMEDIATE INDEX-Z  | T ROWE PRICE US TREASURY INTERMEDIATE INDEX FUND                 | CUSIP: 87284C107<br>LEI: PLLLPNEGTDFISEIK5Y26 | Long             | EC               | RF                | US        |    100674 | NS      | $516456.35    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TRP US TREASURY LONG-TERM INDEX FD-Z  | T ROWE PRICE US TREASURY LONG-TERM INDEX FUND                    | CUSIP: 77957T701<br>LEI: 81MQEQSHGI5PN6BWN277 | Long             | EC               | RF                | US        |  20864446 | NS      | $151684520.22 | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| TRP US TREASURY MONEY FD-Z            | T ROWE PRICE US TREASURY MONEY FUND INC                          | CUSIP: 77957T800<br>LEI: 5493009ZDCM2JOJCUS84 | Long             | STIV             | RF                | US        | 154320746 | NS      | $154320745.78 | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| BELL 2025-1A A2I 144A                 | TACO BELL FUNDING LLC                                            | CUSIP: 87342RAK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1520000 | PA      | $1523175.28   | 0.03%             | 2055-08-25      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| WINDR 2019-3A CR2 144A                | THL CREDIT WIND RIVER 2019-3 CLO LTD                             | CUSIP: 97314JAN5<br>LEI: 549300QKM4OHZM4I5C40 | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4000321.76   | 0.07%             | 2031-04-15      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| TIA 2018-1A A2R 144A                  | TIAA CLO IV LTD                                                  | CUSIP: 88631YAQ0<br>LEI: 5493000Q4E256SBMCY29 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1250440.81   | 0.02%             | 2032-01-20      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| TPMT 2017-1 M1 144A                   | TOWD POINT MORTGAGE TRUST 2017-1                                 | CUSIP: 89173FAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    157558 | PA      | $155259.24    | 0.00%             | 2056-10-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| TPMT 2017-3 A2 144A                   | TOWD POINT MORTGAGE TRUST 2017-3                                 | CUSIP: 89169DAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    423004 | PA      | $417138.79    | 0.01%             | 2057-07-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| TPMT 2019-HY2 B1 144A                 | TOWD POINT MORTGAGE TRUST 2019-HY2                               | CUSIP: 89177HAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    190000 | PA      | $191374.65    | 0.00%             | 2058-05-25      | Floating      | 6.52%                 | No            |                  2 | On Loan: No      |
| TPMT 2019-HY3 B1 144A                 | TOWD POINT MORTGAGE TRUST 2019-HY3                               | CUSIP: 89177XAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2082508.00   | 0.03%             | 2059-10-25      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| TPMT 2022-4 A1 144A                   | TOWD POINT MORTGAGE TRUST 2022-4                                 | CUSIP: 89180YAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1591034 | PA      | $1528214.36   | 0.03%             | 2062-09-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TPMT 2024-2 A1B 144A                  | TOWD POINT MORTGAGE TRUST 2024-2                                 | CUSIP: 89183AAQ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1654615 | PA      | $1667986.58   | 0.03%             | 2064-12-25      | Variable      | 4.82%                 | No            |                  2 | On Loan: No      |
| TPMT 2024-5 A1B 144A                  | TOWD POINT MORTGAGE TRUST 2024-5                                 | CUSIP: 891944AB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1724905 | PA      | $1720600.43   | 0.03%             | 2064-10-25      | Variable      | 4.56%                 | No            |                  2 | On Loan: No      |
| TPMT 2025-1 A1B 144A                  | TOWD POINT MORTGAGE TRUST 2025-1                                 | CUSIP: 89190KAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1766374 | PA      | $1766832.00   | 0.03%             | 2065-06-25      | Variable      | 4.77%                 | No            |                  2 | On Loan: No      |
| TALNT 2025-1A A 144A                  | TOYOTA AUTO LOAN EXTENDED NOTE TRUST 2025-1                      | CUSIP: 891950AA5<br>LEI: 254900QVX5SBHB37FT67 | Long             | ABS-O            | CORP              | US        |   1400000 | PA      | $1426742.94   | 0.02%             | 2038-05-25      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| U S TREASURY BILL                     | UNITED STATES TREASURY BILL                                      | CUSIP: 912797QS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $9930577.80   | 0.17%             | 2025-12-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UXYZ5 US 10YR ULTRA FUT DEC25         | US 10YR ULTRA FUT DEC25                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              | CORP              | US        |         4 | NC      | $2806.16      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UXYZ5 US 10YR ULTRA FUT DEC25         | US 10YR ULTRA FUT DEC25                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              | CORP              | US        |        72 | NC      | $50510.96     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UXYZ5 US 10YR ULTRA FUT DEC25         | US 10YR ULTRA FUT DEC25                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              | CORP              | US        |        17 | NC      | $11926.20     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TUZ5 US 2YR NOTE (CBT) DEC25          | US 2YR NOTE (CBT) DEC25                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              | CORP              | US        |        10 | NC      | $-951.70      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| FVZ5 US 5YR NOTE (CBT) DEC25          | US 5YR NOTE (CBT) DEC25                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              | CORP              | US        |      1095 | NC      | $-177962.29   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| FVZ5 US 5YR NOTE (CBT) DEC25          | US 5YR NOTE (CBT) DEC25                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              | CORP              | US        |        42 | NC      | $-6825.95     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| FVZ5 US 5YR NOTE (CBT) DEC25          | US 5YR NOTE (CBT) DEC25                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              | CORP              | US        |       529 | NC      | $-85974.48    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| FVZ5 US 5YR NOTE (CBT) DEC25          | US 5YR NOTE (CBT) DEC25                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              | CORP              | US        |       111 | NC      | $-18040.01    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| FVZ5 US 5YR NOTE (CBT) DEC25          | US 5YR NOTE (CBT) DEC25                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              | CORP              | US        |        18 | NC      | $-2925.41     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| USCLN 2023-1 B 144A                   | US BANK NA                                                       | CUSIP: 90357PAV6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    661770 | PA      | $669469.36    | 0.01%             | 2032-08-25      | Fixed         | 6.79%                 | No            |                  2 | On Loan: No      |
| USCAR 2025-1A C 144A                  | USB AUTO OWNER TRUST 2025-1                                      | CUSIP: 90367VAF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1215000 | PA      | $1233908.68   | 0.02%             | 2031-03-17      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| VERD 2024-1A A2 144A                  | VERDANT RECEIVABLES 2024-1 LLC                                   | CUSIP: 92339MAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    667492 | PA      | $680088.70    | 0.01%             | 2031-12-12      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| VZMT 2024-2 C 144A                    | VERIZON MASTER TRUST                                             | CUSIP: 92348KCK7<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |    960000 | PA      | $985565.76    | 0.02%             | 2031-12-22      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| VZMT 2025-5 C                         | VERIZON MASTER TRUST                                             | CUSIP: 92348KEJ8<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   1400000 | PA      | $1411287.64   | 0.02%             | 2031-06-20      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| VZMT 2024-6 C                         | VERIZON MASTER TRUST                                             | CUSIP: 92348KDH3<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |    175000 | PA      | $175797.07    | 0.00%             | 2030-08-20      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| VZMT 2024-5 B 144A                    | VERIZON MASTER TRUST SERIES 2024-5                               | CUSIP: 92348KDC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    125000 | PA      | $128397.16    | 0.00%             | 2032-06-21      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VZMT 2024-5 A 144A                    | VERIZON MASTER TRUST SERIES 2024-5                               | CUSIP: 92348KDB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    285000 | PA      | $293714.05    | 0.00%             | 2032-06-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERUS 2023-INV1 A1 144A               | VERUS SECURITIZATION TRUST 2023-INV1                             | CUSIP: 92539FAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1518404 | PA      | $1518707.20   | 0.03%             | 2068-02-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| VERUS 2025-2 A1 144A                  | VERUS SECURITIZATION TRUST 2025-2                                | CUSIP: 92540VAA3<br>LEI: 213800TTP1CNX4WER720 | Long             | ABS-MBS          | CORP              | US        |   1557891 | PA      | $1566211.44   | 0.03%             | 2070-03-25      | Variable      | 5.31%                 | No            |                  2 | On Loan: No      |
| VERUS 2025-3 A1 144A                  | VERUS SECURITIZATION TRUST 2025-3                                | CUSIP: 924928AA2<br>LEI: 213800DYYV3EM7TSTN14 | Long             | ABS-MBS          | CORP              | US        |   1637331 | PA      | $1653778.56   | 0.03%             | 2070-05-25      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| VERUS 2025-8 A1F 144A                 | VERUS SECURITIZATION TRUST 2025-8                                | CUSIP: 924930AD2<br>LEI: 213800K8E68XJS6Z1D09 | Long             | ABS-MBS          | CORP              | US        |   1875000 | PA      | $1875000.00   | 0.03%             | 2070-09-25      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| VOYA 2018-2A C1 144A                  | VOYA CLO 2018-2 LTD                                              | CUSIP: 92917JAJ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2400000 | PA      | $2400400.70   | 0.04%             | 2031-07-15      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| WELF 2019-1A A2RR 144A                | WELLFLEET CLO 2019-1 LTD                                         | CUSIP: 94950NAX0<br>LEI: 254900IGQ7EODCWHCM84 | Long             | ABS-CBDO         | CORP              | KY        |   1420000 | PA      | $1418235.28   | 0.02%             | 2032-07-20      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| WELF 2021-1A BR 144A                  | WELLFLEET CLO 2021-1 LTD                                         | CUSIP: 94950CAQ9<br>LEI: 2549004R1NTM2HJCGO78 | Long             | ABS-CBDO         | CORP              | KY        |   1380000 | PA      | $1377264.45   | 0.02%             | 2034-04-20      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| WFCM 2019-C52 A5                      | WELLS FARGO COMMERCIAL MORTGAGE TRUST 2019-C52                   | CUSIP: 95002MAX7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1395000 | PA      | $1313636.07   | 0.02%             | 2052-08-15      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| WFCM 2019-C54 A4                      | WELLS FARGO COMMERCIAL MORTGAGE TRUST 2019-C54                   | CUSIP: 95001YAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1380000 | PA      | $1311299.60   | 0.02%             | 2052-12-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| WFCM 2024-5C2 A3                      | WELLS FARGO COMMERCIAL MORTGAGE TRUST 2024-5C2                   | CUSIP: 95003UAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1646120 | PA      | $1733356.79   | 0.03%             | 2057-11-15      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| WFCM 2025-5C6 AS                      | WELLS FARGO COMMERCIAL MORTGAGE TRUST 2025-5C6                   | CUSIP: 95004TAF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2057694.00   | 0.03%             | 2058-10-15      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| WFLF 2025-2A C 144A                   | WHEELS FLEET LEASE FUNDING 1 LLC                                 | CUSIP: 96328GCN5<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-O            | CORP              | US        |   1750000 | PA      | $1758764.70   | 0.03%             | 2040-05-18      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| WFLF 2024-2A A1 144A                  | WHEELS FLEET LEASE FUNDING 1 LLC                                 | CUSIP: 96328GBT3<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-O            | CORP              | US        |    650707 | PA      | $657381.09    | 0.01%             | 2039-06-21      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| WEF 2025-1A C 144A                    | WINGSPIRE EQUIPMENT FINANCE 2025-1 LLC                           | CUSIP: 97415CAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1040000 | PA      | $1039203.36   | 0.02%             | 2033-09-20      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| WEF 2025-1A A2 144A                   | WINGSPIRE EQUIPMENT FINANCE 2025-1 LLC                           | CUSIP: 97415CAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    650000 | PA      | $649715.63    | 0.01%             | 2033-09-20      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-05

**Name of Applicant:** T. ROWE PRICE SPECTRUM FUND, INC.

**Signature:** /s/ Alan Dupski

**Name of Signer:** Alan Dupski

**Title:** Treasurer & Vice President