# EDGAR Filing Document

**Accession Number:** 0001710607
**File Stem:** 0001193125-25-254060
**Filing Date:** 2025-10
**Character Count:** 173683
**Document Hash:** 6879b2e81d7b8d209c3efc2ad8a71fec
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-254060.hdr.sgml**: 20251029

**ACCESSION NUMBER**: 0001193125-25-254060

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251029

**DATE AS OF CHANGE**: 20251028

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN CENTURY ETF TRUST
- **CENTRAL INDEX KEY:** 0001710607

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23305
- **FILM NUMBER:** 251426210

**BUSINESS ADDRESS:**
- **STREET 1:** 4500 MAIN STREET
- **CITY:** KANSAS CITY
- **STATE:** MO
- **ZIP:** 64111
- **BUSINESS PHONE:** (816) 531-5575

**MAIL ADDRESS:**
- **STREET 1:** 4500 MAIN STREET
- **CITY:** KANSAS CITY
- **STATE:** MO
- **ZIP:** 64111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** American Century ETF Trust
- **DATE OF NAME CHANGE:** 20170628

## Series and Classes Contracts Data

### American Century Multisector Income ETF (Series ID: S000072410)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000228610 | American Century Multisector Income ETF | MUSI            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** American Century ETF Trust

- **b. Investment Company Act file number:** 811-23305

- **c. CIK number of Registrant:** 0001710607

- **d. LEI of Registrant:** 5493006IKK34YJD98183

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

  - **Street Address 1:** 4500 Main St

  - **City:** Kansas City

  - **State:** MO

  - **Foreign country:** US

  - **Zip / Postal Code:** 64111

  - **Telephone number:** 816-531-5575

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

- **a. Name of Series:** American Century Multisector Income ETF

- **b. EDGAR series identifier (if any):** S000072410

- **c. LEI of Series:** 5493000I0UZ5BUDGGF98

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-08-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $182136554.03

**Total Liabilities:** $7085745.50

**Net Assets:** $175050808.53

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 41.000000000000 | **1-Year:** 1822.000000000000 | **5-Year:** 6835.000000000000 | **10-Year:** 5267.000000000000 | **30-Year:** 9495.000000000000

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

- **3-Month:** 245.000000000000 | **1-Year:** 2224.000000000000 | **5-Year:** 10090.000000000000 | **10-Year:** 4215.000000000000 | **30-Year:** 4319.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000228610 | 1.63%                | 0.02%                | 1.48%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $175490.01               | $1246862.86                                |
| Month 2  | $283855.68               | $-568304.29                                |
| Month 3  | $376625.21               | $689672.70                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Acadia Healthcare Co Inc                                                                                                      | Acadia Healthcare Co Inc 7.38 03/15/2033                                                     | CUSIP: 00404AAQ2<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |    835000 | PA      | $870599.39    | 0.50%             | 2033-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| AMERICAN AIRLINES INC                                                                                                         | American Airlines Inc 7.25 02/15/2028                                                        | CUSIP: 023771T32<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |    267000 | PA      | $274092.05    | 0.16%             | 2028-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| Barclays PLC                                                                                                                  | Barclays PLC (pfd) 6.13% 12/15/2173 Perpetual                                                | CUSIP: 06738EBN4<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EP               | CORP              | GB        |    780000 | NS      | $781925.04    | 0.45%             |  |  |  | No            |                  2 | On Loan: —       |
| Caesars Entertainment Inc                                                                                                     | Caesars Entertainment Inc 4.63 10/15/2029                                                    | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    550000 | PA      | $524847.13    | 0.30%             | 2029-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: —       |
| Comision Ejecutiva Hidroelectrica del Rio Lempa                                                                               | Comision Ejecutiva Hidroelectrica del Rio Lempa 8.65 01/24/2033                              | CUSIP: 200444AA5<br>LEI: 254900YU43PQQ27Q0E71 | Long             | DBT              | CORP              | SV        |    425000 | PA      | $437261.25    | 0.25%             | 2033-01-24      | Fixed         | 8.65%                 | No            |                  2 | On Loan: —       |
| Fiesta Purchaser Inc                                                                                                          | Fiesta Purchaser Inc 9.63 09/15/2032                                                         | CUSIP: 31659AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    188000 | PA      | $202459.14    | 0.12%             | 2032-09-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: —       |
| HPS Corporate Lending Fund                                                                                                    | HPS Corporate Lending Fund 6.25 09/30/2029                                                   | CUSIP: 40440VAC9<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |    174000 | PA      | $180167.20    | 0.10%             | 2029-09-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| Nexstar Media Inc                                                                                                             | Nexstar Media Inc 4.75 11/01/2028                                                            | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |   1315000 | PA      | $1291651.25   | 0.74%             | 2028-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| Orbia Advance Corp SAB de CV                                                                                                  | Orbia Advance Corp SAB de CV 2.88 05/11/2031                                                 | CUSIP: 68560EAB4<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |    550000 | PA      | $463856.25    | 0.26%             | 2031-05-11      | Fixed         | 2.88%                 | No            |                  2 | On Loan: —       |
| Petroleos Mexicanos                                                                                                           | Petroleos Mexicanos 6.88 08/04/2026                                                          | CUSIP: 71654QCB6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    486000 | PA      | $489572.04    | 0.28%             | 2026-08-04      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| SPDR Bloomberg Short Term High Yield Bond ETF                                                                                 | SPDR Bloomberg Short Term High Yield Bond ETF                                                | CUSIP: 78468R408<br>LEI: 549300YI2V5ELVW58659 | Long             | EC               | RF                | US        |    201616 | NS      | $5149272.64   | 2.94%             |  |  |  | No            |                  1 | On Loan: —       |
| Surgery Center Holdings Inc                                                                                                   | Surgery Center Holdings Inc 7.25 04/15/2032                                                  | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |    672000 | PA      | $697763.14    | 0.40%             | 2032-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| T-Mobile USA Inc                                                                                                              | T-Mobile USA Inc 6.70 12/15/2033                                                             | CUSIP: 87264ADV4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    856000 | PA      | $947985.76    | 0.54%             | 2033-12-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: —       |
| State Street Navigator Securities Lending Trust - State Street Navigator Securities Lending Government Money Market Portfolio | State Street Navigator Securities Lending Government Money Market Portfolio                  | CUSIP: N/A<br>LEI: 5493008BJIBKQ5KTIF74       | Long             | STIV             | RF                | US        |   5838686 | NS      | $5838686.25   | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd                                                                                                   | Royal Caribbean Cruises Ltd 6.00 02/01/2033                                                  | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | US        |    450000 | PA      | $461968.20    | 0.26%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SEB Funding LLC                                                                                                               | SEB Funding LLC 7.39                                                                         | CUSIP: 78433DAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    325000 | PA      | $333933.28    | 0.19%             | 2054-04-30      | Fixed         | 7.39%                 | No            |                  2 | On Loan: No      |
| Slam 2021-1 Ltd                                                                                                               | Slam 2021-1 Ltd 3.42                                                                         | CUSIP: 78449AAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    369450 | PA      | $348790.50    | 0.20%             | 2046-06-15      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| SM Energy Co                                                                                                                  | SM Energy Co 6.75 09/15/2026                                                                 | CUSIP: 78454LAN0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    432000 | PA      | $431493.18    | 0.25%             | 2026-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Saavi Energia Sarl                                                                                                            | Saavi Energia Sarl 8.88 02/10/2035                                                           | CUSIP: 78518PAA3<br>LEI: 254900A2V0IO8K56UH35 | Long             | DBT              | CORP              | LU        |    550000 | PA      | $583687.50    | 0.33%             | 2035-02-10      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Scalelogix Abs Us Issuer LLC                                                                                                  | Scalelogix Abs Us Issuer LLC 6.16                                                            | CUSIP: 80587FAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    562000 | PA      | $562341.02    | 0.32%             | 2055-07-25      | Fixed         | 6.16%                 | No            |                  2 | On Loan: No      |
| American Airlines 2017-2 Class B                                                                                              | American Airlines 2017-2 Class B 3.70 04/15/2027                                             | CUSIP: 02377DAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    241111 | PA      | $240473.08    | 0.14%             | 2027-04-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| American Assets Trust LP                                                                                                      | American Assets Trust LP 3.38 02/01/2031                                                     | CUSIP: 02401LAA2<br>LEI: 549300V1TI0SMG9Z6U69 | Long             | DBT              | CORP              | US        |    615000 | PA      | $555055.49    | 0.32%             | 2031-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust 2020-5                                                                                               | Angel Oak Mortgage Trust 2020-5 1.58                                                         | CUSIP: 03464WAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    242937 | PA      | $233435.10    | 0.13%             | 2065-05-25      | Variable      | 1.58%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust 2020-2                                                                                               | Angel Oak Mortgage Trust 2020-2 3.86                                                         | CUSIP: 03464XAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    132986 | PA      | $129768.64    | 0.07%             | 2065-01-26      | Variable      | 3.86%                 | No            |                  2 | On Loan: No      |
| Life 2021-BMR Mortgage Trust                                                                                                  | Life 2021-BMR Mortgage Trust 5.88                                                            | CUSIP: 53218CAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    420700 | PA      | $418215.09    | 0.24%             | 2038-03-15      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                                                                      | Lloyds Banking Group PLC (pfd) 7.50% 12/27/2173 Perpetual                                    | CUSIP: 539439AU3<br>LEI: 549300PPXHEU2JF0AM85 | Long             | EP               | CORP              | GB        |    340000 | NS      | $340963.90    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                                                                      | Lloyds Banking Group PLC (pfd) 6.75% 09/27/2173 Perpetual                                    | CUSIP: 53944YAJ2<br>LEI: 549300PPXHEU2JF0AM85 | Long             | EP               | CORP              | GB        |    200000 | NS      | $202126.80    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Lyra Music Assets Delaware LP                                                                                                 | Lyra Music Assets Delaware LP 5.76                                                           | CUSIP: 552339AA1<br>LEI: 9845007N9EAB0C048A12 | Long             | ABS-MBS          | CORP              | US        |    691008 | PA      | $702228.98    | 0.40%             | 2064-12-22      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| CSMC 2021-BHAR                                                                                                                | CSMC 2021-BHAR 5.98                                                                          | CUSIP: 12659VAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    414000 | PA      | $412989.88    | 0.24%             | 2038-11-15      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                                                               | CVS Health Corp 7.00 03/10/2055                                                              | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    279000 | PA      | $291166.63    | 0.17%             | 2055-03-10      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment Inc                                                                                                     | Caesars Entertainment Inc 7.00 02/15/2030                                                    | CUSIP: 12769GAB6<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    117000 | PA      | $121064.93    | 0.07%             | 2030-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| American Airlines Inc/AAdvantage Loyalty IP Ltd                                                                               | American Airlines Inc/AAdvantage Loyalty IP Ltd 5.50 04/20/2026                              | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1755044 | PA      | $1759631.43   | 1.01%             | 2026-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Advance Auto Parts Inc                                                                                                        | Advance Auto Parts Inc 7.00 08/01/2030                                                       | CUSIP: 00751YAK2<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |    274000 | PA      | $281350.82    | 0.16%             | 2030-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Advance Auto Parts Inc                                                                                                        | Advance Auto Parts Inc 7.38 08/01/2033                                                       | CUSIP: 00751YAL0<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |    280000 | PA      | $287225.40    | 0.16%             | 2033-08-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp                                                                                                                | Air Lease Corp (pfd) 4.65% 06/15/2174 Perpetual                                              | CUSIP: 00912XBJ2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EP               | CORP              | US        |    420000 | NS      | $416442.52    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Aircastle Ltd                                                                                                                 | Aircastle Ltd (pfd) 5.25% 09/15/2173 Perpetual                                               | CUSIP: 00928QAW1<br>LEI: 549300PNK8AKY3OIKP58 | Long             | EP               | CORP              | US        |    999000 | NS      | $995104.00    | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC                                                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC 4.63 01/15/2027        | CUSIP: 013092AC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    485000 | PA      | $482442.69    | 0.28%             | 2027-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Aligned Data Centers Issuer LLC                                                                                               | Aligned Data Centers Issuer LLC 2.48                                                         | CUSIP: 01627AAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $386847.52    | 0.22%             | 2046-08-15      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| Aligned Data Centers Issuer LLC                                                                                               | Aligned Data Centers Issuer LLC 6.00                                                         | CUSIP: 01627AAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    616000 | PA      | $622385.33    | 0.36%             | 2048-08-17      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Allianz SE                                                                                                                    | Allianz SE (pfd) 3.50% 04/30/2174 Perpetual                                                  | CUSIP: 018820AA8<br>LEI: 529900K9B0N5BT694847 | Long             | EP               | CORP              | DE        |    600000 | NS      | $596074.74    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Ally Financial Inc                                                                                                            | Ally Financial Inc (pfd) 4.70% 08/15/2174 Perpetual                                          | CUSIP: 02005NBN9<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EP               | CORP              | US        |    445000 | NS      | $406925.53    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                                                                                         | AMERICAN AIRLINES INC 2024 1ST LIEN TERM LOAN B                                              | CUSIP: 02376CBR5<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | US        |    470450 | PA      | $468728.15    | 0.27%             | 2028-02-15      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust 2024-9                                                                                      | Chase Home Lending Mortgage Trust 2024-9 5.50                                                | CUSIP: 16160QAK0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    190571 | PA      | $190828.99    | 0.11%             | 2055-09-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust Series 2024-2                                                                               | Chase Home Lending Mortgage Trust Series 2024-2 6.00                                         | CUSIP: 161929AJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    544002 | PA      | $547078.12    | 0.31%             | 2055-02-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust Series 2024-6                                                                               | Chase Home Lending Mortgage Trust Series 2024-6 6.00                                         | CUSIP: 161931AK6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    339494 | PA      | $342904.51    | 0.20%             | 2055-05-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Cherry Securitization Trust 2025-1                                                                                            | Cherry Securitization Trust 2025-1 6.53                                                      | CUSIP: 16473RAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $818188.80    | 0.47%             | 2032-11-15      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank/The                                                                                                     | Toronto-Dominion Bank/The 8.13 10/31/2082                                                    | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    810000 | PA      | $855069.21    | 0.49%             | 2082-10-31      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                                                                                 | TransDigm Inc 4.63 01/15/2029                                                                | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    820000 | PA      | $803005.66    | 0.46%             | 2029-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Triangle Re 2023-1 Ltd                                                                                                        | Triangle Re 2023-1 Ltd 7.75                                                                  | CUSIP: 89589AAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    184047 | PA      | $185945.37    | 0.11%             | 2033-11-25      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| Trust Fibra Uno                                                                                                               | Trust Fibra Uno 4.87 01/15/2030                                                              | CUSIP: 898339AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    569000 | PA      | $551939.90    | 0.32%             | 2030-01-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                                                                                           | Intesa Sanpaolo SpA (pfd) 7.70% 03/17/2174 Perpetual                                         | CUSIP: 46115HAU1<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | EP               | CORP              | IT        |   1160000 | NS      | $1161784.08   | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                                                                                           | Intesa Sanpaolo SpA 5.71 01/15/2026                                                          | CUSIP: 46115HAW7<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    695000 | PA      | $696631.01    | 0.40%             | 2026-01-15      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                                                                                           | Intesa Sanpaolo SpA 4.20 06/01/2032                                                          | CUSIP: 46115HBQ9<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |   1120000 | PA      | $1048878.95   | 0.60%             | 2032-06-01      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                                                                      | JP Morgan Mortgage Trust 6.16                                                                | CUSIP: 46593VAH0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    697183 | PA      | $706318.82    | 0.40%             | 2055-11-25      | Variable      | 6.16%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust 2023-6                                                                                             | J.P. Morgan Mortgage Trust 2023-6 6.00                                                       | CUSIP: 465989AC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    420264 | PA      | $425179.75    | 0.24%             | 2053-12-26      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Chase Commercial Mortgage Securities Trust 2018-AON                                                               | J.P. Morgan Chase Commercial Mortgage Securities Trust 2018-AON 4.13                         | CUSIP: 46649XAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    282000 | PA      | $257221.45    | 0.15%             | 2031-07-05      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust 2023-8                                                                                             | J.P. Morgan Mortgage Trust 2023-8 6.00                                                       | CUSIP: 46657CAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    779499 | PA      | $788733.33    | 0.45%             | 2054-02-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust 2024-1                                                                                             | J.P. Morgan Mortgage Trust 2024-1 6.00                                                       | CUSIP: 46657PAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    515136 | PA      | $520175.32    | 0.30%             | 2054-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust Series 2024-6                                                                                        | JP Morgan Mortgage Trust Series 2024-6 6.00                                                  | CUSIP: 46657YAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    195392 | PA      | $196318.30    | 0.11%             | 2054-12-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust 2024-10                                                                                            | J.P. Morgan Mortgage Trust 2024-10 5.50                                                      | CUSIP: 46658LAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    430010 | PA      | $432642.04    | 0.25%             | 2055-03-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust 2024-10                                                                                            | J.P. Morgan Mortgage Trust 2024-10 5.50                                                      | CUSIP: 46658LAK7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    452098 | PA      | $453198.23    | 0.26%             | 2055-03-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust 2024-INV1                                                                                            | JP Morgan Mortgage Trust 2024-INV1 6.00                                                      | CUSIP: 46658PAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    390210 | PA      | $396101.78    | 0.23%             | 2055-04-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust 2024-11                                                                                              | JP Morgan Mortgage Trust 2024-11 6.00                                                        | CUSIP: 46659AAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    325946 | PA      | $328526.23    | 0.19%             | 2055-04-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                                                                                              | Kilroy Realty LP 4.25 08/15/2029                                                             | CUSIP: 49427RAK8<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |    550000 | PA      | $537600.14    | 0.31%             | 2029-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                                                                                              | Kilroy Realty LP 3.05 02/15/2030                                                             | CUSIP: 49427RAP7<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |    125000 | PA      | $115024.37    | 0.07%             | 2030-02-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                                                                                              | Kilroy Realty LP 2.50 11/15/2032                                                             | CUSIP: 49427RAQ5<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |     33000 | PA      | $27103.16     | 0.02%             | 2032-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                                                                                              | Kilroy Realty LP 2.65 11/15/2033                                                             | CUSIP: 49427RAR3<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |     53000 | PA      | $42865.03     | 0.02%             | 2033-11-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Lmrk Issuer Co 2 LLC                                                                                                          | Lmrk Issuer Co 2 LLC 5.52                                                                    | CUSIP: 50209AAH4<br>LEI: 549300TATF7H68SRLE80 | Long             | ABS-MBS          | CORP              | US        |    611000 | PA      | $616672.89    | 0.35%             | 2055-09-15      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| LPL Holdings Inc                                                                                                              | LPL Holdings Inc 5.15 06/15/2030                                                             | CUSIP: 50212YAP9<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    180000 | PA      | $183985.89    | 0.11%             | 2030-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp                                                            | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 4.75 06/15/2029           | CUSIP: 505742AP1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    317000 | PA      | $310200.54    | 0.18%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp                                                            | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 7.00 07/15/2031           | CUSIP: 505742AR7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1020000 | PA      | $1073193.00   | 0.61%             | 2031-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Lamar Media Corp                                                                                                              | Lamar Media Corp 3.75 02/15/2028                                                             | CUSIP: 513075BR1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    920000 | PA      | $895202.96    | 0.51%             | 2028-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Liberty Mutual Group Inc                                                                                                      | Liberty Mutual Group Inc 4.13 12/15/2051                                                     | CUSIP: 53079EBM5<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    633000 | PA      | $621111.17    | 0.35%             | 2051-12-15      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Lyra Music Assets Delaware LP                                                                                                 | Lyra Music Assets Delaware LP 5.60                                                           | CUSIP: 552339AD5<br>LEI: 9845007N9EAB0C048A12 | Long             | ABS-MBS          | CORP              | US        |    323000 | PA      | $327248.32    | 0.19%             | 2065-09-20      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corp                                                                                                                 | M&T Bank Corp (pfd) 5.13% 05/01/2174 Perpetual                                               | CUSIP: 55261FAH7<br>LEI: 549300WYXDDBYRASEG81 | Long             | EP               | CORP              | US        |      9000 | NS      | $8950.65      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| MFA 2024-NQM1 Trust                                                                                                           | MFA 2024-NQM1 Trust 6.83                                                                     | CUSIP: 55286VAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    283493 | PA      | $287470.14    | 0.16%             | 2069-03-25      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| MPT Operating Partnership LP / MPT Finance Corp                                                                               | MPT Operating Partnership LP / MPT Finance Corp 8.50 02/15/2032                              | CUSIP: 55342UAQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    565000 | PA      | $592803.09    | 0.34%             | 2032-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| MACH 1 Cayman 2019-1 Ltd                                                                                                      | MACH 1 Cayman 2019-1 Ltd 3.47                                                                | CUSIP: 55446MAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     72546 | PA      | $71711.10     | 0.04%             | 2039-10-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| Magallanes Inc                                                                                                                | Warnermedia Holdings Inc 3.76 03/15/2027                                                     | CUSIP: 55903VBA0<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    510000 | PA      | $496995.00    | 0.28%             | 2027-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Magallanes Inc                                                                                                                | Warnermedia Holdings Inc 3.76 03/15/2027                                                     | CUSIP: 55903VBL6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    755000 | PA      | $744184.63    | 0.43%             | 2027-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Magallanes Inc                                                                                                                | Warnermedia Holdings Inc 5.05 03/15/2042                                                     | CUSIP: 55903VBW2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    945000 | PA      | $637463.93    | 0.36%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Magnetite CLO Ltd                                                                                                             | Magnetite XXVIII Ltd 6.07                                                                    | CUSIP: 55955LAY8<br>LEI: 54930077HHZ1QV5CPQ30 | Long             | ABS-CBDO         | CORP              | US        |    475000 | PA      | $475473.91    | 0.27%             | 2038-01-15      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| Magnetite CLO Ltd                                                                                                             | Magnetite Xli Ltd 6.10                                                                       | CUSIP: 55956AAC9<br>LEI: 529900IDXPZZY6034K03 | Long             | ABS-CBDO         | CORP              | US        |    250000 | PA      | $250316.35    | 0.14%             | 2038-01-25      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| Masterbrand Inc                                                                                                               | Masterbrand Inc 7.00 07/15/2032                                                              | CUSIP: 57638PAA2<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | DBT              | CORP              | US        |    395000 | PA      | $409600.39    | 0.23%             | 2032-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Matador Resources Co                                                                                                          | Matador Resources Co 6.50 04/15/2032                                                         | CUSIP: 576485AG1<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |    469000 | PA      | $476131.15    | 0.27%             | 2032-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LP/Medline Co-Issuer Inc                                                                                     | Medline Borrower LP/Medline Co-Issuer Inc 6.25 04/01/2029                                    | CUSIP: 58506DAA6<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    765000 | PA      | $786836.93    | 0.45%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Meritage Homes Corp                                                                                                           | Meritage Homes Corp 5.65 03/15/2035                                                          | CUSIP: 59001ABG6<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |    204000 | PA      | $206088.96    | 0.12%             | 2035-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| MetLife Capital Trust IV                                                                                                      | MetLife Capital Trust IV 7.88 12/15/2067                                                     | CUSIP: 591560AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $110237.90    | 0.06%             | 2067-12-15      | Variable      | 7.88%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp/The                                                                                                       | Charles Schwab Corp/The (pfd) 4.00% 06/01/2174 Perpetual                                     | CUSIP: 808513BK0<br>LEI: 549300VSGCJ7E698NM85 | Long             | EP               | CORP              | US        |    734000 | NS      | $723858.91    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Light & Wonder International Inc                                                                                              | Light & Wonder International Inc 7.25 11/15/2029                                             | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    350000 | PA      | $359284.10    | 0.21%             | 2029-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp                                                                                                               | Sealed Air Corp 5.00 04/15/2029                                                              | CUSIP: 81211KBA7<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    405000 | PA      | $402021.31    | 0.23%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sempra                                                                                                                        | Sempra (pfd) 4.88% 10/15/2173 Perpetual                                                      | CUSIP: 816851BK4<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EP               | CORP              | US        |    398000 | NS      | $398295.16    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2024-10                                                                                                | Sequoia Mortgage Trust 2024-10 5.50                                                          | CUSIP: 81749QAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    263494 | PA      | $264765.09    | 0.15%             | 2054-11-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2024-10                                                                                                | Sequoia Mortgage Trust 2024-10 5.50                                                          | CUSIP: 81749QAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    172787 | PA      | $172907.55    | 0.10%             | 2054-11-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Sirius XM Radio LLC                                                                                                           | Sirius XM Radio LLC 4.00 07/15/2028                                                          | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    275000 | PA      | $265582.21    | 0.15%             | 2028-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sirius XM Radio LLC                                                                                                           | Sirius XM Radio LLC 3.13 09/01/2026                                                          | CUSIP: 82967NBL1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    605000 | PA      | $601639.29    | 0.34%             | 2026-09-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| State Street Institutional US Government Money Market Fund                                                                    | State Street Institutional US Government Money Market Fund                                   | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |   8755742 | NS      | $8755742.19   | 5.00%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. TREASURY                                                                                                                 | United States Treasury Note/Bond 5.00 08/31/2025                                             | CUSIP: 91282CHV6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1040000 | PA      | $1040000.00   | 0.59%             | 2025-08-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vista Point Securitization Trust 2024-CES1                                                                                    | Vista Point Securitization Trust 2024-CES1 6.68                                              | CUSIP: 92839HAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    461839 | PA      | $467455.70    | 0.27%             | 2054-05-25      | Variable      | 6.68%                 | No            |                  2 | On Loan: No      |
| Wayfair LLC                                                                                                                   | Wayfair LLC 7.75 09/15/2030                                                                  | CUSIP: 94419NAB3<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |    445000 | PA      | $460866.03    | 0.26%             | 2030-09-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Williams Scotsman Inc                                                                                                         | Williams Scotsman Inc 6.63 06/15/2029                                                        | CUSIP: 96949VAM5<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |    840000 | PA      | $861202.44    | 0.49%             | 2029-06-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp                                                                              | Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp 5.25 05/15/2027                             | CUSIP: 983130AX3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    510000 | PA      | $510658.92    | 0.29%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Yinson Bergenia Production BV                                                                                                 | Yinson Bergenia Production BV 8.50 01/31/2045                                                | CUSIP: 98585VAA6<br>LEI: 549300JDIAWKPMZD5256 | Long             | DBT              | CORP              | NL        |    508000 | PA      | $531180.45    | 0.30%             | 2045-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                                                                                                      | Svenska Handelsbanken AB (pfd) 4.38% 03/01/2174 Perpetual                                    | CUSIP: W9T10ZZR9<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | EP               | CORP              | SE        |    200000 | NS      | $196448.72    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                                                                                               | Danske Bank A/S (pfd) 4.38% 11/18/2173 Perpetual                                             | CUSIP: K2227DL59<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | EP               | CORP              | DK        |   1029000 | NS      | $1019698.51   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| ING Groep NV                                                                                                                  | ING Groep NV (pfd) 7.50% 05/16/2174 Perpetual                                                | CUSIP: N4578ELM8<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EP               | CORP              | NL        |    400000 | NS      | $416952.84    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| CBOT 10 Year US Treasury Note                                                                                                 | US 10YR NOTE (CBT)Dec25                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |       216 | NC      | $90703.80     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOT 10 Year Ultra US Treasury Note                                                                                           | US 10yr Ultra Fut Dec25                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |       207 | NC      | $98643.22     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOT US Long Bond Future                                                                                                      | US LONG BOND(CBT) Dec25                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |       -23 | NC      | $-9208.97     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| CBOT 5 Year US Treasury Note                                                                                                  | US 5YR NOTE (CBT) Dec25                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |        70 | NC      | $15722.87     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Skandinaviska Enskilda Banken AB                                                                                              | Skandinaviska Enskilda Banken AB (pfd) 6.88% 12/30/2173 Perpetual                            | CUSIP: W8T54FK56<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | EP               | CORP              | SE        |   1000000 | NS      | $1023636.57   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust 2021-5                                                                                               | Angel Oak Mortgage Trust 2021-5 0.95                                                         | CUSIP: 03465HAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    377411 | PA      | $330707.93    | 0.19%             | 2066-07-25      | Variable      | 0.95%                 | No            |                  2 | On Loan: No      |
| Antares Holdings LP                                                                                                           | Antares Holdings LP 7.95 08/11/2028                                                          | CUSIP: 03666HAF8<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | CA        |    430000 | PA      | $457704.46    | 0.26%             | 2028-08-11      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| AppLovin Corp                                                                                                                 | AppLovin Corp 5.38 12/01/2031                                                                | CUSIP: 03831WAC2<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    231000 | PA      | $238113.49    | 0.14%             | 2031-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Egypt Government International Bond                                                                                           | Egypt Government International Bond 7.30 09/30/2033                                          | CUSIP: 03846JAE0<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    800000 | PA      | $732676.66    | 0.42%             | 2033-09-30      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Arbor Realty Trust Inc                                                                                                        | Arbor Realty Commercial Real Estate Notes 2021-FL4 Ltd 5.83                                  | CUSIP: 03880RAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    245487 | PA      | $245614.67    | 0.14%             | 2036-11-15      | Floating      | 5.83%                 | No            |                  2 | On Loan: No      |
| Ares Strategic Income Fund                                                                                                    | Ares Strategic Income Fund 5.70 03/15/2028                                                   | CUSIP: 04020EAG2<br>LEI: 549300IANZJVZPTICV54 | Long             | DBT              | CORP              | US        |    213000 | PA      | $215985.43    | 0.12%             | 2028-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Ashton Woods USA LLC / Ashton Woods Finance Co                                                                                | Ashton Woods USA LLC / Ashton Woods Finance Co 6.88 08/01/2033                               | CUSIP: 045086AR6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    469000 | PA      | $470279.49    | 0.27%             | 2033-08-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Aspen Insurance Holdings Ltd                                                                                                  | Aspen Insurance Holdings Ltd 5.75 07/01/2030                                                 | CUSIP: 04530DAE2<br>LEI: 549300YX6HECG9XQCQ75 | Long             | DBT              | CORP              | BM        |    490000 | PA      | $509084.54    | 0.29%             | 2030-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Australia & New Zealand Banking Group Ltd/United Kingdom                                                                      | Australia & New Zealand Banking Group Ltd/United Kingdom (pfd) 6.75% 12/15/2173 Perpetual    | CUSIP: 05254HAA2<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | EP               | CORP              | GB        |    709000 | NS      | $718963.53    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Axon Enterprise Inc                                                                                                           | Axon Enterprise Inc 6.13 03/15/2030                                                          | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |     26000 | PA      | $26777.95     | 0.02%             | 2030-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX                                                  | BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX 5.13 01/18/2033 | CUSIP: 05533UAF5<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195687.50    | 0.11%             | 2033-01-18      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| Castlelake Aircraft Securitization Trust 2018-1                                                                               | Castlelake Aircraft Securitization Trust 2018-1 4.13                                         | CUSIP: 14856CAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     83447 | PA      | $81232.60     | 0.05%             | 2043-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                                                                                      | Celanese US Holdings LLC 6.67 07/15/2027                                                     | CUSIP: 15089QAM6<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    268000 | PA      | $275952.36    | 0.16%             | 2027-07-15      | Fixed         | 6.67%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                                                                                      | Celanese US Holdings LLC 6.50 04/15/2030                                                     | CUSIP: 15089QAZ7<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    635000 | PA      | $641247.77    | 0.37%             | 2030-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Centersquare Issuer LLC                                                                                                       | Centersquare Issuer LLC 5.00                                                                 | CUSIP: 15201EAK0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    754706 | PA      | $725424.77    | 0.41%             | 2055-08-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chart Industries Inc                                                                                                          | Chart Industries Inc 7.50 01/01/2030                                                         | CUSIP: 16115QAF7<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |    130000 | PA      | $136414.07    | 0.08%             | 2030-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Chart Industries Inc                                                                                                          | Chart Industries Inc 9.50 01/01/2031                                                         | CUSIP: 16115QAG5<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |    489000 | PA      | $524062.28    | 0.30%             | 2031-01-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Tr                                                                                                | Chase Home Lending Mortgage Trust Series 2024-7 6.00                                         | CUSIP: 16159TAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    765919 | PA      | $774610.19    | 0.44%             | 2055-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust 2024-9                                                                                      | Chase Home Lending Mortgage Trust 2024-9 5.50                                                | CUSIP: 16160QAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    476694 | PA      | $479262.16    | 0.27%             | 2055-09-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| CoreWeave Inc                                                                                                                 | CoreWeave Inc 9.25 06/01/2030                                                                | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    395000 | PA      | $396832.80    | 0.23%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Cox Communications Inc                                                                                                        | Cox Communications Inc 5.70 06/15/2033                                                       | CUSIP: 224044CS4<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |    291000 | PA      | $294595.55    | 0.17%             | 2033-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                                                                                            | Credit Agricole SA (pfd) 8.13% 03/23/2174 Perpetual                                          | CUSIP: 225313AJ4<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | EP               | CORP              | FR        |    965000 | NS      | $972893.27    | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| CSAIL 2019-C15 Commercial Mortgage Trust                                                                                      | CSAIL 2019-C15 Commercial Mortgage Trust 3.00                                                | CUSIP: 22945DAY9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    301000 | PA      | $243051.54    | 0.14%             | 2052-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                                                                                              | CIFC Funding 2018-I Ltd 6.13                                                                 | CUSIP: 17181NAJ3<br>LEI: 635400VBVF8AYJQBI411 | Long             | ABS-CBDO         | CORP              | US        |    475000 | PA      | $477018.75    | 0.27%             | 2038-01-18      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| Trust Fibra Uno                                                                                                               | Trust Fibra Uno 7.70 01/23/2032                                                              | CUSIP: 89834JAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    203000 | PA      | $216595.11    | 0.12%             | 2032-01-23      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| Trust Fibra Uno                                                                                                               | Trust Fibra Uno 8.25 01/23/2037                                                              | CUSIP: 89834JAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    515000 | PA      | $558981.00    | 0.32%             | 2037-01-23      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust 2025-2                                                                                          | Citigroup Mortgage Loan Trust 2025-2 6.00                                                    | CUSIP: 17292BAK2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    937007 | PA      | $950692.28    | 0.54%             | 2055-02-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                                                                 | Citigroup Inc (pfd) 6.25% 02/15/2174 Perpetual                                               | CUSIP: 172967KM2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    510000 | NS      | $513721.47    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                                                                 | Citigroup Inc (pfd) 4.00% 03/10/2174 Perpetual                                               | CUSIP: 172967MU2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    540000 | NS      | $536283.94    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                                                                 | Citigroup Inc (pfd) 3.88% 05/18/2174 Perpetual                                               | CUSIP: 172967MV0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    540000 | NS      | $534374.28    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                                                                 | Citigroup Inc (pfd) 6.88% 11/15/2173 Perpetual                                               | CUSIP: 17327CBC6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |     25000 | NS      | $25500.23     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust 2024-CMI1                                                                                       | Citigroup Mortgage Loan Trust 2024-CMI1 5.50                                                 | CUSIP: 17332DAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    682365 | PA      | $685073.29    | 0.39%             | 2054-06-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Citizens Financial Group Inc                                                                                                  | Citizens Financial Group Inc (pfd) 5.65% 10/06/2173 Perpetual                                | CUSIP: 174610AU9<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EP               | CORP              | US        |    630000 | NS      | $631091.10    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                                                                                                          | Cleveland-Cliffs Inc 7.38 05/01/2033                                                         | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    339000 | PA      | $337979.00    | 0.19%             | 2033-05-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                                                                                                          | Cleveland-Cliffs Inc 7.50 09/15/2031                                                         | CUSIP: 185899AS0<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     81000 | PA      | $82192.97     | 0.05%             | 2031-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ClickLease Equipment Receivables 2024-1 Trust                                                                                 | ClickLease Equipment Receivables 2024-1 Trust 7.34                                           | CUSIP: 18682FAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    339960 | PA      | $340934.06    | 0.19%             | 2030-02-15      | Fixed         | 7.34%                 | No            |                  2 | On Loan: No      |
| Cologix Canadian Issuer LP                                                                                                    | Cologix Canadian Issuer LP 7.74                                                              | CUSIP: 19521DAN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | CA        |    350000 | PA      | $247985.58    | 0.14%             | 2052-01-25      | Fixed         | 7.74%                 | No            |                  2 | On Loan: No      |
| Cologix Data Centers US Issuer LLC                                                                                            | Cologix Data Centers US Issuer LLC 3.30                                                      | CUSIP: 19521UAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    775000 | PA      | $752952.96    | 0.43%             | 2051-12-26      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Colombia Government International Bond                                                                                        | Colombia Government International Bond 7.75 11/07/2036                                       | CUSIP: 195325EP6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    200000 | PA      | $205344.00    | 0.12%             | 2036-11-07      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Comerica Inc                                                                                                                  | Comerica Inc 5.98 01/30/2030                                                                 | CUSIP: 200340AW7<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | DBT              | CORP              | US        |    485000 | PA      | $503294.44    | 0.29%             | 2030-01-30      | Variable      | 5.98%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                                                                  | UBS Group AG (pfd) 9.25% 05/13/2174 Perpetual                                                | CUSIP: 902613BF4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EP               | CORP              | CH        |    785000 | NS      | $862274.62    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust 2018-C15                                                                                        | UBS Commercial Mortgage Trust 2018-C15 5.31                                                  | CUSIP: 90278LAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    117000 | PA      | $106583.31    | 0.06%             | 2051-12-15      | Variable      | 5.31%                 | No            |                  2 | On Loan: No      |
| Concord Music Royalties LLC                                                                                                   | Concord Music Royalties LLC 5.51                                                             | CUSIP: 20633KAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    570000 | PA      | $575063.48    | 0.33%             | 2075-07-20      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust 2022-R09                                                                                  | Connecticut Avenue Securities Trust 2022-R09 6.85                                            | CUSIP: 20753DAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    165313 | PA      | $167718.38    | 0.10%             | 2042-09-25      | Floating      | 6.85%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust 2024-R01                                                                                  | Connecticut Avenue Securities Trust 2024-R01 5.40                                            | CUSIP: 20753UAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    529642 | PA      | $529846.52    | 0.30%             | 2044-01-25      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                                                                                 | United States Treasury Note/Bond 1.63 10/31/2026                                             | CUSIP: 912828YQ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    438000 | PA      | $427238.20    | 0.24%             | 2026-10-31      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                                                                                 | United States Treasury Note/Bond 4.63 09/15/2026                                             | CUSIP: 91282CHY0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    475000 | PA      | $478787.11    | 0.27%             | 2026-09-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                                                                                 | United States Treasury Note/Bond 4.38 12/31/2029                                             | CUSIP: 91282CMD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    690000 | PA      | $709675.78    | 0.41%             | 2029-12-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                                                                                 | United States Treasury Note/Bond 3.88 07/31/2030                                             | CUSIP: 91282CNN7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2280000 | PA      | $2298703.11   | 1.31%             | 2030-07-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Uniti Fiber Abs Issuer Llc                                                                                                    | Uniti Fiber Abs Issuer Llc 6.37                                                              | CUSIP: 91326EAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    625963 | PA      | $645913.57    | 0.37%             | 2055-04-20      | Fixed         | 6.37%                 | No            |                  2 | On Loan: No      |
| VB-S1 Issuer LLC - VBTEL                                                                                                      | VB-S1 Issuer LLC - VBTEL 4.29                                                                | CUSIP: 91823AAY7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    425000 | PA      | $407954.70    | 0.23%             | 2052-02-15      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| VB-S1 Issuer LLC - VBTEL                                                                                                      | VB-S1 Issuer LLC - VBTEL 8.87                                                                | CUSIP: 91823ABG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    475000 | PA      | $497290.94    | 0.28%             | 2054-05-15      | Fixed         | 8.87%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG Inc                                                                                                        | Venture Global LNG Inc (pfd) 9.00% 03/30/2174 Perpetual                                      | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | EP               | CORP              | US        |    430000 | NS      | $427278.87    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| VERTICAL BRIDGE CC LLC                                                                                                        | VERTICAL BRIDGE CC LLC 7.45                                                                  | CUSIP: 92535VAU6<br>LEI: 549300DKEDU9WZPGTC09 | Long             | ABS-MBS          | CORP              | US        |    526972 | PA      | $524737.38    | 0.30%             | 2055-08-16      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust 2024-5                                                                                             | Verus Securitization Trust 2024-5 6.19                                                       | CUSIP: 92540HAA4<br>LEI: 213800YE6HC7EZSFHW30 | Long             | ABS-MBS          | CORP              | US        |    472287 | PA      | $478353.47    | 0.27%             | 2069-06-25      | Variable      | 6.19%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                                                                                              | Paramount Global 4.38 03/15/2043                                                             | CUSIP: 92553PAP7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    597000 | PA      | $454083.04    | 0.26%             | 2043-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                                                                                              | Paramount Global 6.25 02/28/2057                                                             | CUSIP: 92553PBC5<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    430000 | PA      | $418893.41    | 0.24%             | 2057-02-28      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Expand Energy Corp                                                                                                            | Expand Energy Corp 6.75 04/15/2029                                                           | CUSIP: 92735LAA0<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |     78000 | PA      | $79051.05     | 0.05%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                                                                                | BNP Paribas SA (pfd) 8.50% 02/14/2174 Perpetual                                              | CUSIP: 05565A5R0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EP               | CORP              | FR        |    775000 | NS      | $825114.60    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                                                                                | BNP Paribas SA (pfd) 4.63% 07/12/2174 Perpetual                                              | CUSIP: 05565AB28<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EP               | CORP              | FR        |    650000 | NS      | $637563.75    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust 2022-CSMO                                                                                        | BX Commercial Mortgage Trust 2022-CSMO 6.48                                                  | CUSIP: 05610MAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    207000 | PA      | $208446.64    | 0.12%             | 2027-06-15      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| BSPRT 2017-FL1 Co-Issuer LLC                                                                                                  | BSPRT 2023-FL10 Issuer Ltd 6.62                                                              | CUSIP: 05610VAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    370146 | PA      | $370490.12    | 0.21%             | 2035-09-15      | Floating      | 6.62%                 | No            |                  2 | On Loan: No      |
| Bahamas Government International Bond                                                                                         | Bahamas Government International Bond 8.25 06/24/2036                                        | CUSIP: 056732AP5<br>LEI: 549300W13SXC7EKNJC20 | Long             | DBT              | NUSS              | BS        |    225000 | PA      | $233005.50    | 0.13%             | 2036-06-24      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                                                                                            | Banco Bilbao Vizcaya Argentaria SA (pfd) 6.13% 02/16/2174 Perpetual                          | CUSIP: 05946KAF8<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EP               | CORP              | ES        |    800000 | NS      | $798118.72    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander SA                                                                                                            | Banco Santander SA (pfd) 4.75% 08/12/2174 Perpetual                                          | CUSIP: 05971KAH2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | EP               | CORP              | ES        |    800000 | NS      | $783675.04    | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Mercantil del Norte SA/Grand Cayman                                                                                     | Banco Mercantil del Norte SA/Grand Cayman (pfd) 5.88% 01/24/2174 Perpetual                   | CUSIP: 05973KAA5<br>LEI: 549300QTVYRPFHS0J362 | Long             | EP               | CORP              | KY        |    890000 | NS      | $877829.21    | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple                                                              | FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple 7.25 01/31/2041             | CUSIP: 05974EAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    396203 | PA      | $407486.81    | 0.23%             | 2041-01-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BANK 2018-BNK15                                                                                                               | BANK 2018-BNK15 3.00                                                                         | CUSIP: 06036FAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    145000 | PA      | $117444.16    | 0.07%             | 2061-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                                                                          | Bank of America Corp (pfd) 4.38% 04/27/2174 Perpetual                                        | CUSIP: 060505GB4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |    385000 | NS      | $377036.85    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                                                                          | Bank of America Corp (pfd) 6.25% 10/26/2173 Perpetual                                        | CUSIP: 06055HAK9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |    405000 | NS      | $406374.08    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                                                                              | Bank of Montreal 6.88 11/26/2085                                                             | CUSIP: 06368L8V1<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    275000 | PA      | $277374.63    | 0.16%             | 2085-11-26      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                                                                              | Bank of Montreal 7.70 05/26/2084                                                             | CUSIP: 06368LQ58<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    820000 | PA      | $857015.62    | 0.49%             | 2084-05-26      | Variable      | 7.70%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia/The                                                                                                       | Bank of Nova Scotia/The 8.63 10/27/2082                                                      | CUSIP: 0641598S8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    415000 | PA      | $440570.64    | 0.25%             | 2082-10-27      | Variable      | 8.62%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia/The                                                                                                       | Bank of Nova Scotia/The 8.00 01/27/2084                                                      | CUSIP: 0641598V1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    295000 | PA      | $315077.70    | 0.18%             | 2084-01-27      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| BANK 2020-BNK26                                                                                                               | BANK 2020-BNK26 2.50                                                                         | CUSIP: 06540JAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    991000 | PA      | $740805.00    | 0.42%             | 2063-03-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Trust 2019-C4                                                                                    | Barclays Commercial Mortgage Trust 2019-C4 3.25                                              | CUSIP: 07335CAT1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    194000 | PA      | $120434.85    | 0.07%             | 2052-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Benchmark 2020-B16 Mortgage Trust                                                                                             | Benchmark 2020-B16 Mortgage Trust 2.50                                                       | CUSIP: 08161NAW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    363000 | PA      | $271565.85    | 0.16%             | 2053-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Benchmark 2021-B31 Mortgage Trust                                                                                             | Benchmark 2021-B31 Mortgage Trust 2.25                                                       | CUSIP: 08163MAW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    155000 | PA      | $104105.44    | 0.06%             | 2054-12-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Biocon Biologics Global PLC                                                                                                   | Biocon Biologics Global PLC 6.67 10/09/2029                                                  | CUSIP: 090978AA5<br>LEI: 254900PMQN51VACG2D55 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $471157.74    | 0.27%             | 2029-10-09      | Fixed         | 6.67%                 | No            |                  2 | On Loan: No      |
| Blackbird Capital II Aircraft Lease Ltd                                                                                       | Blackbird Capital II Aircraft Lease Ltd 3.45                                                 | CUSIP: 09229CAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    329484 | PA      | $313947.27    | 0.18%             | 2046-07-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                                                                                                | Blackstone Private Credit Fund 5.95 07/16/2029                                               | CUSIP: 09261HBN6<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    250000 | PA      | $258235.52    | 0.15%             | 2029-07-16      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Blue Racer Midstream LLC / Blue Racer Finance Corp                                                                            | Blue Racer Midstream LLC / Blue Racer Finance Corp 7.00 07/15/2029                           | CUSIP: 095796AJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    750000 | PA      | $782943.75    | 0.45%             | 2029-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Blue Owl Technology Finance Corp                                                                                              | Blue Owl Technology Finance Corp 6.10 03/15/2028                                             | CUSIP: 095924AA4<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |    566000 | PA      | $573237.36    | 0.33%             | 2028-03-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Bombardier Inc                                                                                                                | Bombardier Inc 7.50 02/01/2029                                                               | CUSIP: 097751BZ3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    262000 | PA      | $273589.57    | 0.16%             | 2029-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Bombardier Inc                                                                                                                | Bombardier Inc 8.75 11/15/2030                                                               | CUSIP: 097751CA7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    203000 | PA      | $219024.21    | 0.13%             | 2030-11-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Bombardier Inc                                                                                                                | Bombardier Inc 7.25 07/01/2031                                                               | CUSIP: 097751CB5<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    141000 | PA      | $148830.72    | 0.09%             | 2031-07-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Brand Industrial Services Inc                                                                                                 | Brand Industrial Services Inc 10.38 08/01/2030                                               | CUSIP: 104931AA8<br>LEI: 549300B658W2BPDQMW42 | Long             | DBT              | CORP              | US        |   1275000 | PA      | $1253370.12   | 0.72%             | 2030-08-01      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| Braskem Netherlands Finance BV                                                                                                | Braskem Netherlands Finance BV 4.50 01/10/2028                                               | CUSIP: 10554TAB1<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |    485000 | PA      | $378193.25    | 0.22%             | 2028-01-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Braskem Netherlands Finance BV                                                                                                | Braskem Netherlands Finance BV 4.50 01/31/2030                                               | CUSIP: 10554TAD7<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |    880000 | PA      | $622346.38    | 0.36%             | 2030-01-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BRAVO Trust 2025-SR1                                                                                                          | BRAVO Trust 2025-SR1 3.00                                                                    | CUSIP: 10567UAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    676945 | PA      | $653601.62    | 0.37%             | 2045-03-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Brazilian Government International Bond                                                                                       | Brazilian Government International Bond 6.63 03/15/2035                                      | CUSIP: 105756CL2<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    155000 | PA      | $158681.25    | 0.09%             | 2035-03-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Builders FirstSource Inc                                                                                                      | Builders FirstSource Inc 5.00 03/01/2030                                                     | CUSIP: 12008RAN7<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    372000 | PA      | $368163.84    | 0.21%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Builders FirstSource Inc                                                                                                      | Builders FirstSource Inc 4.25 02/01/2032                                                     | CUSIP: 12008RAP2<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    750000 | PA      | $705408.60    | 0.40%             | 2032-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust 2020-VIVA                                                                                        | BX Commercial Mortgage Trust 2020-VIVA 3.67                                                  | CUSIP: 12433XAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $369629.32    | 0.21%             | 2044-03-11      | Variable      | 3.67%                 | No            |                  2 | On Loan: No      |
| CCO Holdings LLC / CCO Holdings Capital Corp                                                                                  | CCO Holdings LLC / CCO Holdings Capital Corp 5.13 05/01/2027                                 | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    640000 | PA      | $637174.59    | 0.36%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CCO Holdings LLC / CCO Holdings Capital Corp                                                                                  | CCO Holdings LLC / CCO Holdings Capital Corp 7.38 03/01/2031                                 | CUSIP: 1248EPCT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    585000 | PA      | $605663.05    | 0.35%             | 2031-03-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CARS-DB4 LP                                                                                                                   | CARS-DB4 LP 4.52                                                                             | CUSIP: 12510HAH3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $97120.89     | 0.06%             | 2050-02-15      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc                                                                                              | CHS/Community Health Systems Inc 4.75 02/15/2031                                             | CUSIP: 12543DBK5<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    800000 | PA      | $682659.28    | 0.39%             | 2031-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CLI Funding VIII LLC                                                                                                          | CLI Funding VIII LLC 3.12                                                                    | CUSIP: 12565KAF4<br>LEI: 254900Z4P82YK31RVL27 | Long             | ABS-MBS          | CORP              | US        |    702686 | PA      | $641310.23    | 0.37%             | 2047-01-18      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Golub Capital Private Credit Fund                                                                                             | Golub Capital Private Credit Fund 5.45 08/15/2028                                            | CUSIP: 38179RAE5<br>LEI: 254900B5KBW6OY1F9951 | Long             | DBT              | CORP              | US        |    295000 | PA      | $296265.11    | 0.17%             | 2028-08-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Gray Media Inc                                                                                                                | Gray Media Inc 7.25 08/15/2033                                                               | CUSIP: 389375AP1<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    615000 | PA      | $606319.03    | 0.35%             | 2033-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Greenko Wind Projects Mauritius Ltd                                                                                           | Greenko Wind Projects Mauritius Ltd 7.25 09/27/2028                                          | CUSIP: 39531JAB0<br>LEI: 254900MSUXE1FF83DP82 | Long             | DBT              | CORP              | MU        |    476000 | PA      | $485545.77    | 0.28%             | 2028-09-27      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Grupo Aeromexico SAB de CV                                                                                                    | Grupo Aeromexico SAB de CV 8.25 11/15/2029                                                   | CUSIP: 40054JAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    640000 | PA      | $634359.68    | 0.36%             | 2029-11-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Sixth Street CLO VIII Ltd                                                                                                     | SIXST 2017-8A BR2 0.00                                                                       | CUSIP: 83012VAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    825000 | PA      | $826295.58    | 0.47%             | 2034-10-20      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                                                                                           | Societe Generale SA (pfd) 9.38% 05/22/2174 Perpetual                                         | CUSIP: 83370RAC2<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EP               | CORP              | FR        |    785000 | NS      | $839918.60    | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Sotera Health Holdings LLC                                                                                                    | Sotera Health Holdings LLC 7.38 06/01/2031                                                   | CUSIP: 83600WAE9<br>LEI: 549300OVT7MBXFLOFU20 | Long             | DBT              | CORP              | US        |    380000 | PA      | $399909.34    | 0.23%             | 2031-06-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Southern Co/The                                                                                                               | Southern Co/The 4.00 01/15/2051                                                              | CUSIP: 842587DF1<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    217000 | PA      | $216520.04    | 0.12%             | 2051-01-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Expand Energy Corp                                                                                                            | Expand Energy Corp 5.38 03/15/2030                                                           | CUSIP: 845467AS8<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    405000 | PA      | $409338.36    | 0.23%             | 2030-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Spirit AeroSystems Inc                                                                                                        | Spirit AeroSystems Inc 4.60 06/15/2028                                                       | CUSIP: 85205TAK6<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |    695000 | PA      | $693683.46    | 0.40%             | 2028-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Stack Infrastructure Issuer LLC                                                                                               | Stack Infrastructure Issuer LLC 1.88                                                         | CUSIP: 85236KAE2<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-MBS          | CORP              | US        |    167000 | PA      | $164190.66    | 0.09%             | 2046-03-26      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Standard Building Solutions Inc                                                                                               | Standard Building Solutions Inc 6.50 08/15/2032                                              | CUSIP: 853191AA2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    110000 | PA      | $113609.87    | 0.06%             | 2032-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Standard Industries Inc/NY                                                                                                    | Standard Industries Inc/NY 4.38 07/15/2030                                                   | CUSIP: 853496AG2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    195000 | PA      | $186987.49    | 0.11%             | 2030-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Station Casinos LLC                                                                                                           | Station Casinos LLC 4.63 12/01/2031                                                          | CUSIP: 857691AH2<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |    258000 | PA      | $244306.34    | 0.14%             | 2031-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Subway Funding LLC                                                                                                            | Subway Funding LLC 6.03                                                                      | CUSIP: 864300AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    942875 | PA      | $958710.21    | 0.55%             | 2054-07-30      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                                                                                     | Sunoco LP 7.00 05/01/2029                                                                    | CUSIP: 86765KAB5<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    203000 | PA      | $210939.94    | 0.12%             | 2029-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| THPT 2023-THL Mortgage Trust                                                                                                  | THPT 2023-THL Mortgage Trust 7.92                                                            | CUSIP: 87252LAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $252563.95    | 0.14%             | 2034-12-10      | Variable      | 7.92%                 | No            |                  2 | On Loan: No      |
| TRTX 2021-FL4 Issuer Ltd                                                                                                      | TRTX 2021-FL4 Issuer Ltd 5.68                                                                | CUSIP: 87276WAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    267387 | PA      | $267431.34    | 0.15%             | 2038-03-15      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| TEGNA Inc                                                                                                                     | TEGNA Inc 4.63 03/15/2028                                                                    | CUSIP: 87901JAJ4<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |    540000 | PA      | $537549.64    | 0.31%             | 2028-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| 3R Lux SARL                                                                                                                   | 3R Lux SARL 9.75 02/05/2031                                                                  | CUSIP: 88563PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    570000 | PA      | $601521.00    | 0.34%             | 2031-02-05      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| TopBuild Corp                                                                                                                 | TopBuild Corp 3.63 03/15/2029                                                                | CUSIP: 89055FAB9<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |    470000 | PA      | $449222.66    | 0.26%             | 2029-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                                                             | HSBC Holdings PLC (pfd) 6.00% 11/22/2173 Perpetual                                           | CUSIP: 404280BL2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | EP               | CORP              | GB        |    800000 | NS      | $802180.00    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                                                             | HSBC Holdings PLC (pfd) 6.88% 03/11/2174 Perpetual                                           | CUSIP: 404280EH8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | EP               | CORP              | GB        |    200000 | NS      | $206767.60    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Herc Holdings Inc                                                                                                             | Herc Holdings Inc 5.50 07/15/2027                                                            | CUSIP: 42704LAA2<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    380000 | PA      | $379825.58    | 0.22%             | 2027-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust                                                                                         | Mission Lane Credit Card Master Trust 5.41                                                   | CUSIP: 60510MBW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    544000 | PA      | $548496.27    | 0.31%             | 2031-09-15      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust 2018-H3                                                                                        | Morgan Stanley Capital I Trust 2018-H3 3.00                                                  | CUSIP: 61767YAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    138000 | PA      | $114921.61    | 0.07%             | 2051-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NMI Holdings Inc                                                                                                              | NMI Holdings Inc 6.00 08/15/2029                                                             | CUSIP: 629209AC1<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | DBT              | CORP              | US        |    478000 | PA      | $491340.98    | 0.28%             | 2029-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NP SPE IX LP                                                                                                                  | NP SPE IX LP 2.57                                                                            | CUSIP: 62954JAA2<br>LEI: 549300M4DFCB4G0UM882 | Long             | ABS-MBS          | CORP              | US        |    137284 | PA      | $135224.39    | 0.08%             | 2049-09-20      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| Nevada Power Co                                                                                                               | Nevada Power Co 6.25 05/15/2055                                                              | CUSIP: 641423CH9<br>LEI: MJZFGXRJ52U8U4MKJ519 | Long             | DBT              | CORP              | US        |      6000 | PA      | $6034.60      | 0.00%             | 2055-05-15      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| New Economy Assets - Phase 1 Sponsor LLC                                                                                      | New Economy Assets - Phase 1 Sponsor LLC 2.41                                                | CUSIP: 643821AB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $495118.43    | 0.28%             | 2061-10-20      | Fixed         | 2.41%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                                                                                                                  | NiSource Inc 5.35 07/15/2035                                                                 | CUSIP: 65473PAX3<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    551000 | PA      | $556733.00    | 0.32%             | 2035-07-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                                                                                               | Nordea Bank Abp (pfd) 6.63% 09/26/2173 Perpetual                                             | CUSIP: 65559CAA9<br>LEI: 529900ODI3047E2LIV03 | Long             | EP               | CORP              | FI        |    975000 | NS      | $983048.63    | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Continental Finance Credit Card ABS Master Trust                                                                              | Continental Finance Credit Card ABS Master Trust 6.19                                        | CUSIP: 66981PAH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    624000 | PA      | $625776.03    | 0.36%             | 2030-10-15      | Fixed         | 6.19%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM7 Trust                                                                                                           | OBX 2024-NQM7 Trust 6.24                                                                     | CUSIP: 67119FAA1<br>LEI: 254900FVMB3WTXJGGR91 | Long             | ABS-MBS          | CORP              | US        |    429108 | PA      | $434376.56    | 0.25%             | 2064-03-25      | Variable      | 6.24%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corp                                                                                                          | OneMain Finance Corp 7.50 05/15/2031                                                         | CUSIP: 682691AF7<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    409000 | PA      | $429003.78    | 0.25%             | 2031-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corp                                                                                                          | OneMain Finance Corp 6.13 05/15/2030                                                         | CUSIP: 682691AL4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    130000 | PA      | $132108.79    | 0.08%             | 2030-05-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| 1261229 BC Ltd                                                                                                                | 1261229 BC Ltd 10.00 04/15/2032                                                              | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    450000 | PA      | $467615.70    | 0.27%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                                                                                            | Canadian Imperial Bank of Commerce 7.00 10/28/2085                                           | CUSIP: 13607P7Y4<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    410000 | PA      | $419079.04    | 0.24%             | 2085-10-28      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Carnival Corp                                                                                                                 | Carnival Corp 6.13 02/15/2033                                                                | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |    697000 | PA      | $716187.71    | 0.41%             | 2033-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Empresas Publicas de Medellin ESP                                                                                             | Empresas Publicas de Medellin ESP 4.25 07/18/2029                                            | CUSIP: 29246BAE8<br>LEI: 549300SU25TO8EMXB434 | Long             | DBT              | CORP              | CO        |    405000 | PA      | $381739.01    | 0.22%             | 2029-07-18      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc                                                                                                                  | Enbridge Inc 6.00 01/15/2077                                                                 | CUSIP: 29250NAN5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    885000 | PA      | $888962.15    | 0.51%             | 2077-01-15      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Enerflex Ltd                                                                                                                  | Enerflex Ltd 9.00 10/15/2027                                                                 | CUSIP: 29269RAA3<br>LEI: 54930014N7872VUS3F89 | Long             | DBT              | CORP              | CA        |    425000 | PA      | $437723.23    | 0.25%             | 2027-10-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                                                                            | Energy Transfer LP (pfd) 6.50% 11/15/2173 Perpetual                                          | CUSIP: 29273VAN0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EP               | CORP              | US        |    860000 | NS      | $865281.26    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                                                                            | Energy Transfer LP 6.50 02/15/2056                                                           | CUSIP: 29273VBG4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    399000 | PA      | $397396.79    | 0.23%             | 2056-02-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Endo Finance Holdings Inc                                                                                                     | ENDO LUX FINAN COMPANY I SARL 2024 1ST LIEN TERM LOAN                                        | CUSIP: 29280UAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    630238 | PA      | $633467.47    | 0.36%             | 2031-04-23      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| Essent Group Ltd                                                                                                              | Essent Group Ltd 6.25 07/01/2029                                                             | CUSIP: 29669JAA7<br>LEI: 254900QUO860OUT6ZF83 | Long             | DBT              | CORP              | US        |    500000 | PA      | $524876.08    | 0.30%             | 2029-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Excelerate Energy LP                                                                                                          | Excelerate Energy LP 0.00 05/15/2030                                                         | CUSIP: 30069UAA6<br>LEI: LGL4IE90TNTFYJ55BK06 | Long             | DBT              | CORP              | US        |    124000 | PA      | $132123.49    | 0.08%             | 2030-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| F&G Annuities & Life Inc                                                                                                      | F&G Annuities & Life Inc 6.50 06/04/2029                                                     | CUSIP: 30190AAF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    119000 | PA      | $124122.24    | 0.07%             | 2029-06-04      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust 2021-ESH                                                                                          | Extended Stay America Trust 2021-ESH 7.33                                                    | CUSIP: 30227FAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    273988 | PA      | $274420.07    | 0.16%             | 2038-07-15      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                                                                              | Freddie Mac Pool 6.00                                                                        | CUSIP: 3132DPM96<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1322584 | PA      | $1359045.60   | 0.78%             | 2053-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                                                                              | Freddie Mac Pool 5.00                                                                        | CUSIP: 3133KPKP2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    199887 | PA      | $198336.05    | 0.11%             | 2052-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICS                                                                                                             | Fannie Mae REMICS 2.00                                                                       | CUSIP: 3136BQFV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   4065717 | PA      | $531891.78    | 0.30%             | 2052-07-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                                                                               | Fannie Mae Pool 6.00                                                                         | CUSIP: 3140QS4H1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    937464 | PA      | $966451.96    | 0.55%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                                                                               | Fannie Mae Pool 6.00                                                                         | CUSIP: 3140QS4T5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1318628 | PA      | $1350757.13   | 0.77%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                                                                               | Fannie Mae Pool 5.50                                                                         | CUSIP: 3140XLLW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1888679 | PA      | $1907107.55   | 1.09%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                                                                               | Fannie Mae Pool 5.00                                                                         | CUSIP: 3140XRDE2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1573426 | PA      | $1559676.36   | 0.89%             | 2054-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                                                                              | Freddie Mac Pool 5.50                                                                        | CUSIP: 3142GRMN7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   2002074 | PA      | $2029647.55   | 1.16%             | 2054-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                                                                                           | Fifth Third Bancorp (pfd) 4.50% 09/30/2173 Perpetual                                         | CUSIP: 316773DB3<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EP               | CORP              | US        |    895000 | NS      | $894265.83    | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Flexential Issuer 2021-1                                                                                                      | Flexential Issuer 2021-1 3.25                                                                | CUSIP: 33938MAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    525000 | PA      | $510715.49    | 0.29%             | 2051-11-27      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PONTE VEDRA PINE OBLIG                                                                                                        | Florida Local Government Finance Commission 6.75% 11/15/2030                                 | CUSIP: 34077UAN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $707578.40    | 0.40%             | 2030-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                                                                                      | Ford Motor Credit Co LLC 7.20 06/10/2030                                                     | CUSIP: 345397D42<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | CA        |    310000 | PA      | $329510.58    | 0.19%             | 2030-06-10      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Forestar Group Inc                                                                                                            | Forestar Group Inc 6.50 03/15/2033                                                           | CUSIP: 346232AG6<br>LEI: 549300BC2UB0GHV60V70 | Long             | DBT              | CORP              | US        |    635000 | PA      | $647762.23    | 0.37%             | 2033-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                                                                         | Foundry JV Holdco LLC 5.88 01/25/2034                                                        | CUSIP: 350930AA1<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    145000 | PA      | $149003.71    | 0.09%             | 2034-01-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                                                                         | Foundry JV Holdco LLC 5.50 01/25/2031                                                        | CUSIP: 350930AF0<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    385000 | PA      | $400062.74    | 0.23%             | 2031-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                                                                         | Foundry JV Holdco LLC 6.10 01/25/2036                                                        | CUSIP: 350930AH6<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $209489.97    | 0.12%             | 2036-01-25      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac STACR REMIC Trust 2023-HQA2                                                                                       | Freddie Mac STACR REMIC Trust 2023-HQA2 6.35                                                 | CUSIP: 35564K2F5<br>LEI: 5493000KIGZAWUOW4E32 | Long             | ABS-MBS          | CORP              | US        |     89542 | PA      | $89948.13     | 0.05%             | 2043-06-25      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac STACR REMIC Trust 2022-DNA6                                                                                       | Freddie Mac STACR REMIC Trust 2022-DNA6 6.50                                                 | CUSIP: 35564KH36<br>LEI: 5493000IS30HKV5IAS29 | Long             | ABS-MBS          | CORP              | US        |     68596 | PA      | $69074.70     | 0.04%             | 2042-09-25      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Corp                                                                                                         | Freedom Mortgage Corp 6.63 01/15/2027                                                        | CUSIP: 35640YAJ6<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    745000 | PA      | $747416.78    | 0.43%             | 2027-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Corp                                                                                                         | Freedom Mortgage Corp 12.00 10/01/2028                                                       | CUSIP: 35640YAK3<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    335000 | PA      | $358471.78    | 0.20%             | 2028-10-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                                                                                 | Freedom Mortgage Holdings LLC 9.25 02/01/2029                                                | CUSIP: 35641AAA6<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |    344000 | PA      | $359776.02    | 0.21%             | 2029-02-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Frontier Communications Holdings LLC                                                                                          | Frontier Communications Holdings LLC 8.63 03/15/2031                                         | CUSIP: 35908MAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1232000 | PA      | $1308634.10   | 0.75%             | 2031-03-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| GCAT 2021-NQM1 Trust                                                                                                          | GCAT 2021-NQM1 Trust 1.15                                                                    | CUSIP: 36167TAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     92750 | PA      | $83379.37     | 0.05%             | 2066-01-25      | Variable      | 1.15%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                                                                                                            | Ally Financial Inc 8.00 11/01/2031                                                           | CUSIP: 36186CBY8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    230000 | PA      | $263353.00    | 0.15%             | 2031-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust 2024-HE1                                                                                  | GS Mortgage-Backed Securities Trust 2024-HE1 5.95                                            | CUSIP: 36270AAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    358426 | PA      | $359875.43    | 0.21%             | 2054-08-25      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| GCAT 2024-INV3 Trust                                                                                                          | GCAT 2024-INV3 Trust 5.50                                                                    | CUSIP: 36830FAF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    311396 | PA      | $313724.47    | 0.18%             | 2054-09-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Global Atlantic Fin Co                                                                                                        | Global Atlantic Fin Co 4.40 10/15/2029                                                       | CUSIP: 37959GAA5<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |    481000 | PA      | $474174.38    | 0.27%             | 2029-10-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| goeasy Ltd                                                                                                                    | goeasy Ltd 6.88 02/15/2031                                                                   | CUSIP: 380355AR8<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    179000 | PA      | $179116.77    | 0.10%             | 2031-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Golub Capital BDC Inc                                                                                                         | Golub Capital BDC Inc 7.05 12/05/2028                                                        | CUSIP: 38173MAD4<br>LEI: 2549005WE0QLGK9APF78 | Long             | DBT              | CORP              | US        |    485000 | PA      | $512701.26    | 0.29%             | 2028-12-05      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| Blue Owl Credit Income Corp                                                                                                   | Blue Owl Credit Income Corp 7.75 01/15/2029                                                  | CUSIP: 69120VAW1<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |    845000 | PA      | $905134.96    | 0.52%             | 2029-01-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Blue Owl Capital Corp                                                                                                         | Blue Owl Capital Corp 5.95 03/15/2029                                                        | CUSIP: 69121KAH7<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |    326000 | PA      | $331179.01    | 0.19%             | 2029-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| PRA Group Inc                                                                                                                 | PRA Group Inc 8.88 01/31/2030                                                                | CUSIP: 69354NAF3<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |    338000 | PA      | $355443.41    | 0.20%             | 2030-01-31      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Co                                                                                                   | Pacific Gas and Electric Co 3.15 01/01/2026                                                  | CUSIP: 694308JP3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    755000 | PA      | $750527.61    | 0.43%             | 2026-01-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Palomino Funding Trust I                                                                                                      | Palomino Funding Trust I 7.23 05/17/2028                                                     | CUSIP: 69754AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    520000 | PA      | $552533.02    | 0.32%             | 2028-05-17      | Fixed         | 7.23%                 | No            |                  2 | On Loan: No      |
| PennyMac Financial Services Inc                                                                                               | PennyMac Financial Services Inc 7.13 11/15/2030                                              | CUSIP: 70932MAE7<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    557000 | PA      | $577359.46    | 0.33%             | 2030-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| PennyMac Financial Services Inc                                                                                               | PennyMac Financial Services Inc 6.88 02/15/2033                                              | CUSIP: 70932MAF4<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    140000 | PA      | $143135.86    | 0.08%             | 2033-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PennyMac Financial Services Inc                                                                                               | PennyMac Financial Services Inc 6.75 02/15/2034                                              | CUSIP: 70932MAH0<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65492.92     | 0.04%             | 2034-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                                                                           | Petroleos Mexicanos 5.95 01/28/2031                                                          | CUSIP: 71654QDE9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   2365000 | PA      | $2212642.68   | 1.26%             | 2031-01-28      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| PetSmart LLC / PetSmart Finance Corp                                                                                          | PetSmart LLC / PetSmart Finance Corp 7.50 09/15/2032                                         | CUSIP: 71677KAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    610000 | PA      | $605193.32    | 0.35%             | 2032-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Piedmont Operating Partnership LP                                                                                             | Piedmont Operating Partnership LP 9.25 07/20/2028                                            | CUSIP: 720198AG5<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              | CORP              | US        |    228000 | PA      | $253518.77    | 0.14%             | 2028-07-20      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Piedmont Operating Partnership LP                                                                                             | Piedmont Operating Partnership LP 6.88 07/15/2029                                            | CUSIP: 720198AJ9<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              | CORP              | US        |     54000 | PA      | $57169.96     | 0.03%             | 2029-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Planet Financial Group LLC                                                                                                    | Planet Financial Group LLC 10.50 12/15/2029                                                  | CUSIP: 72702AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    257000 | PA      | $266083.92    | 0.15%             | 2029-12-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                                                                                         | Quikrete Holdings Inc 6.38 03/01/2032                                                        | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    188000 | PA      | $194011.49    | 0.11%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                                                                                         | Quikrete Holdings Inc 6.75 03/01/2033                                                        | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    209000 | PA      | $216795.07    | 0.12%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RCKT Mortgage Trust 2024-CES4                                                                                                 | RCKT Mortgage Trust 2024-CES4 6.67                                                           | CUSIP: 74939FAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    850000 | PA      | $863978.93    | 0.49%             | 2044-06-25      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| RCKT Trust 2025-PL1                                                                                                           | RCKT Trust 2025-PL1 5.42                                                                     | CUSIP: 74939RAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    286000 | PA      | $288580.01    | 0.16%             | 2034-07-25      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| RCKT Mortgage Trust 2024-CES3                                                                                                 | RCKT Mortgage Trust 2024-CES3 6.59                                                           | CUSIP: 74942AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    158175 | PA      | $160859.59    | 0.09%             | 2044-05-25      | Variable      | 6.59%                 | No            |                  2 | On Loan: No      |
| RATE Mortgage Trust 2024-J3                                                                                                   | RATE Mortgage Trust 2024-J3 5.50                                                             | CUSIP: 75409UAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    161578 | PA      | $161847.85    | 0.09%             | 2054-10-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Ready Capital Corp                                                                                                            | Ready Capital Mortgage Financing 2023-FL11 LLC 6.70                                          | CUSIP: 75575RAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      3411 | PA      | $3413.07      | 0.00%             | 2039-10-25      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| Anywhere Real Estate Group LLC / Realogy Co-Issuer Corp                                                                       | Anywhere Real Estate Group LLC / Realogy Co-Issuer Corp 9.75 04/15/2030                      | CUSIP: 75606DAV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    132000 | PA      | $140333.27    | 0.08%             | 2030-04-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Regional Management Issuance Trust 2025-1                                                                                     | Regional Management Issuance Trust 2025-1 5.53                                               | CUSIP: 75908AAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $303719.79    | 0.17%             | 2034-04-17      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor Asset Trust 2025-4                                                                               | Research-Driven Pagaya Motor Asset Trust 2025-4 5.50                                         | CUSIP: 76089MAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    856835 | PA      | $862991.87    | 0.49%             | 2034-04-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Rocket Cos Inc                                                                                                                | Rocket Cos Inc 6.13 08/01/2030                                                               | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    190000 | PA      | $195628.75    | 0.11%             | 2030-08-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Rocket Cos Inc                                                                                                                | Rocket Cos Inc 6.38 08/01/2033                                                               | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    135000 | PA      | $140261.63    | 0.08%             | 2033-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NatWest Group PLC                                                                                                             | NatWest Group PLC (pfd) 6.00% 09/30/2173 Perpetual                                           | CUSIP: 780097BQ3<br>LEI: 2138005O9XJIJN4JPN90 | Long             | EP               | CORP              | GB        |    470000 | NS      | $471519.04    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| CyrusOne Data Centers Issuer I LLC                                                                                            | CyrusOne Data Centers Issuer I LLC 0.00                                                      | CUSIP: 23284BAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    350000 | PA      | $344137.85    | 0.20%             | 2049-05-20      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| DataBank Issuer                                                                                                               | DataBank Issuer 5.12                                                                         | CUSIP: 23802WAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    678000 | PA      | $676720.07    | 0.39%             | 2053-02-25      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Deephaven Residential Mortgage Trust 2021-3                                                                                   | Deephaven Residential Mortgage Trust 2021-3 1.19                                             | CUSIP: 24381VAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    220599 | PA      | $195800.01    | 0.11%             | 2066-08-25      | Variable      | 1.19%                 | No            |                  2 | On Loan: No      |
| Deluxe Corp                                                                                                                   | Deluxe Corp 8.13 09/15/2029                                                                  | CUSIP: 248019AW1<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | DBT              | CORP              | US        |    883000 | PA      | $920979.60    | 0.53%             | 2029-09-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                                                                              | Deutsche Bank AG (pfd) 6.00% 04/30/2174 Perpetual                                            | CUSIP: 251525AX9<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | EP               | CORP              | DE        |    800000 | NS      | $800094.48    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG/New York NY                                                                                                  | Deutsche Bank AG/New York NY 4.88 12/01/2032                                                 | CUSIP: 251526BN8<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | US        |    910000 | PA      | $907106.98    | 0.52%             | 2032-12-01      | Variable      | 4.88%                 | No            |                  2 | On Loan: No      |
| Diamond Issuer LLC                                                                                                            | Diamond Issuer LLC 2.31                                                                      | CUSIP: 25267TAN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    691000 | PA      | $657723.79    | 0.38%             | 2051-11-20      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                                                                                                       | Dryden 30 Senior Loan Fund 6.17                                                              | CUSIP: 26249BAU5<br>LEI: 549300AS2O1RYPD2ED41 | Long             | ABS-CBDO         | CORP              | US        |    300000 | PA      | $300438.57    | 0.17%             | 2028-11-15      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| EDI ABS Issuer 1 LLC                                                                                                          | EDI ABS Issuer 1 LLC 4.55                                                                    | CUSIP: 268332AB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    306000 | PA      | $293959.08    | 0.17%             | 2055-07-25      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| EQT Corp                                                                                                                      | EQT Corp 7.50 06/01/2027                                                                     | CUSIP: 26884LBG3<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    310000 | PA      | $315740.80    | 0.18%             | 2027-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Eagle Funding Luxco Sarl                                                                                                      | Eagle Funding Luxco Sarl 5.50 08/17/2030                                                     | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | NUSS              | LU        |    420000 | PA      | $426447.00    | 0.24%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Edison International                                                                                                          | Edison International (pfd) 5.38% 09/15/2173 Perpetual                                        | CUSIP: 281020AS6<br>LEI: 549300I7ROF15MAEVP56 | Long             | EP               | CORP              | US        |    619000 | NS      | $602627.20    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| EFMT 2024-CES1                                                                                                                | EFMT 2024-CES1 5.80                                                                          | CUSIP: 281907AB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    406000 | PA      | $413515.87    | 0.24%             | 2060-01-26      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| Herc Holdings Inc                                                                                                             | Herc Holdings Inc 7.25 06/15/2033                                                            | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    280000 | PA      | $293928.88    | 0.17%             | 2033-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Trust 2024-2                                                                                           | Hilton Grand Vacations Trust 2024-2 6.91                                                     | CUSIP: 43283JAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    219258 | PA      | $225575.86    | 0.13%             | 2038-03-25      | Fixed         | 6.91%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                                                                                      | Service Properties Trust 5.25 02/15/2026                                                     | CUSIP: 44106MAV4<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    180000 | PA      | $180466.22    | 0.10%             | 2026-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Husky Injection Molding Systems Ltd / Titan Co-Borrower LLC                                                                   | Husky Injection Molding Systems Ltd / Titan Co-Borrower LLC 9.00 02/15/2029                  | CUSIP: 44805RAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    805000 | PA      | $845723.34    | 0.48%             | 2029-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                                                                                  | ING Groep NV (pfd) 5.75% 11/16/2173 Perpetual                                                | CUSIP: 456837AR4<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EP               | CORP              | NL        |    340000 | NS      | $340776.56    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Intel Corp                                                                                                                    | Intel Corp 3.90 03/25/2030                                                                   | CUSIP: 458140BR0<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    290000 | PA      | $282669.79    | 0.16%             | 2030-03-25      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-28

**Name of Applicant:** American Century ETF Trust

**Signature:** Amy R. Bitter

**Name of Signer:** Amy R. Bitter

**Title:** Assistant Treasurer