# EDGAR Filing Document

**Accession Number:** 0001552947
**File Stem:** 0000910472-26-009749
**Filing Date:** 2026-6
**Character Count:** 60149
**Document Hash:** 943edbb2516252cdb1555dfce7e2b6c7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-009749.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0000910472-26-009749

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Two Roads Shared Trust
- **CENTRAL INDEX KEY:** 0001552947

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22718
- **FILM NUMBER:** 261122164

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 402-895-1600

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### Holbrook Structured Income Fund (Series ID: S000075330)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000234270 | Holbrook Structured Income Fund Investor Class |  |
| C000234271 | Holbrook Structured Income Fund Class A        |  |
| C000234272 | Holbrook Structured Income Fund Class I        |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Two Roads Shared Trust

- **b. Investment Company Act file number:** 811-22718

- **c. CIK number of Registrant:** 0001552947

- **d. LEI of Registrant:** 549300REHU8QC2CK4V30

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

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 402-895-1600

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

- **a. Name of Series:** Holbrook Structured Credit Income Fund

- **b. EDGAR series identifier (if any):** S000075330

- **c. LEI of Series:** 549300VN9LSTDZVMEG10

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

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

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $637476948.60

**Total Liabilities:** $13034211.32

**Net Assets:** $624442737.28

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 444.66479500 | **1-Year:** 12531.68439400 | **5-Year:** 76339.16832800 | **10-Year:** 18180.53714500 | **30-Year:** 5463.96252100

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

- **3-Month:** 8663.24645500 | **1-Year:** 14101.30822100 | **5-Year:** 6183.53718900 | **10-Year:** 1098.45183800 | **30-Year:** 760.26344200

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000234270 | 0.27%                | 0.20%                | 0.60%                |
| Class ID C000234271 | 0.39%                | 0.22%                | 0.52%                |
| Class ID C000234272 | 0.41%                | 0.24%                | 0.54%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-165951.73              | $-1342867.49                               |
| Month 2  | $-123592.90              | $-869679.07                                |
| Month 3  | $-367643.20              | $615586.19                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| COMM 2014-CCRE21 MORTGAGE TRUST                               | COMM 2014-CR21 F   | CUSIP: 12592RAQ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1798569 | PA      | $1792000.71   | 0.29%             | 2047-12-10      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| DRYDEN 30 SENIOR LOAN FUND                                    | DRSLF 2013-30A DR  | CUSIP: 26249BAW1<br>LEI: 549300AS2O1RYPD2ED41 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001311.00   | 0.16%             | 2028-11-15      | Floating      | 6.51%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                               | FHR 5438 H         | CUSIP: 3137HFDS1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    266743 | PA      | $267317.23    | 0.04%             | 2050-06-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| X-CALIBER FUNDING LLC                                         | XCAL 2026-HPL B1   | CUSIP: 98373XCG3<br>LEI: 549300GGW5CBE4FDT866 | Long             | ABS-O            | CORP              | US        |   5550000 | PA      | $5535321.36   | 0.89%             | 2028-12-06      | Floating      | 10.16%                | Yes           |                  2 | On Loan: No      |
| CAPITAL FUNDING MORTGAGE TRUST- 032                           | CFGMS 2025-32 B    | CUSIP: 14023AAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2400000 | PA      | $2400983.76   | 0.38%             | 2027-12-15      | Floating      | 6.57%                 | Yes           |                  2 | On Loan: No      |
| OCTAGON INVESTMENT PARTNERS XVII LTD                          | OCT17 2013-1A DR2  | CUSIP: 67590GBQ1<br>LEI: 54930007Y57X4ONHQV20 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1250000.00   | 0.20%             | 2031-01-25      | Floating      | 6.43%                 | Yes           |                  2 | On Loan: No      |
| MOO SECURITIZATION TRUST 2026-RM1                             | MOOST 2026-RM1 M2  | CUSIP: 55318PAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    500000 | PA      | $437053.20    | 0.07%             | 2066-03-25      | Floating      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| CANYON CLO 2016-1 LTD                                         | CANYC 2016-1A DR   | CUSIP: 13887PAR6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2975000 | PA      | $2982021.00   | 0.48%             | 2031-07-15      | Floating      | 6.73%                 | Yes           |                  2 | On Loan: No      |
| ONITY LOAN INVESTMENT TRUST 2025-HB2                          | OLIT 2025-HB2 M4   | CUSIP: 68278FAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1750000 | PA      | $1471354.33   | 0.24%             | 2038-11-25      | Floating      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2024-HQA2                       | STACR 2024-HQA2 M1 | CUSIP: 35564NDZ3<br>LEI: 5299002OYNAPMJKK2A73 | Long             | ABS-O            | USGSE             | US        |   9944350 | PA      | $9953440.04   | 1.59%             | 2044-08-25      | Floating      | 4.85%                 | Yes           |                  2 | On Loan: No      |
| ATLAS SENIOR LOAN FUND X LTD                                  | ATCLO 2018-10A D   | CUSIP: 04942JAJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   9240000 | PA      | $9273753.72   | 1.49%             | 2031-01-15      | Floating      | 6.68%                 | Yes           |                  2 | On Loan: No      |
| DRYDEN 40 SENIOR LOAN FUND                                    | DRSLF 2015-40A DR  | CUSIP: 26244GAL9<br>LEI: 549300BH0PFEW6WVTN52 | Long             | ABS-CBDO         | CORP              | KY        |   8800000 | PA      | $8824719.20   | 1.41%             | 2031-08-15      | Floating      | 7.01%                 | Yes           |                  2 | On Loan: No      |
| ATLAS SENIOR LOAN FUND XII LTD                                | ATCLO 2018-12A D   | CUSIP: 04942UAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5012740.00   | 0.80%             | 2031-10-24      | Floating      | 7.00%                 | Yes           |                  2 | On Loan: No      |
| FREMF 2019-K99 MORTGAGE TRUST                                 | FREMF 2019-K99 C   | CUSIP: 30314FAC8<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    740000 | PA      | $699787.59    | 0.11%             | 2029-09-25      | Floating      | 3.65%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST 2017-C34   | MSBAM 2017-C34 XA  | CUSIP: 61767EAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  25787789 | PA      | $202975.69    | 0.03%             | 2052-11-15      | Floating      | 0.76%                 | No            |                  2 | On Loan: No      |
| A&D MORTGAGE TRUST 2023-NQM2                                  | ADMT 2023-NQM2 A1  | CUSIP: 00002DAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1165760 | PA      | $1163103.81   | 0.19%             | 2068-05-25      | Floating      | 6.13%                 | Yes           |                  2 | On Loan: No      |
| 1828 CLO LTD                                                  | GUGG4 2016-1A CR   | CUSIP: 282523BF5<br>LEI: 549300TR3WW6GC2PC544 | Long             | ABS-CBDO         | CORP              | KY        |    495000 | PA      | $496573.61    | 0.08%             | 2031-10-15      | Floating      | 7.28%                 | Yes           |                  2 | On Loan: No      |
| VIBRANT CLO III LTD                                           | VIBR 2015-3A CRR   | CUSIP: 92557UBC0<br>LEI: 54930073XIEUISQCY218 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $755368.50    | 0.12%             | 2031-10-20      | Floating      | 7.44%                 | Yes           |                  2 | On Loan: No      |
| FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FF5                   | FFML 2004-FF5 A1   | CUSIP: 32027NJT9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    756063 | PA      | $725926.20    | 0.12%             | 2034-08-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| OZLM XX LTD                                                   | OZLM 2018-20A C    | CUSIP: 67112MAG0<br>LEI: 549300ROA1URR67W0G46 | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $10000000.00  | 1.60%             | 2031-04-20      | Floating      | 6.89%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                         | CAS 2025-R01 1A1   | CUSIP: 20755JAA1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    354291 | PA      | $354653.54    | 0.06%             | 2045-01-25      | Floating      | 4.60%                 | Yes           |                  2 | On Loan: No      |
| ROCKFORD TOWER CLO 2018-1 LTD                                 | ROCKT 2018-1A D    | CUSIP: 77342JAG8<br>LEI: 549300KPFGDIQ0PMP224 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5018930.00   | 0.80%             | 2031-05-20      | Floating      | 6.92%                 | Yes           |                  2 | On Loan: No      |
| X-CALI MORTGAGE TRUST 2021-10                                 | XCALI 2021-10 B1   | CUSIP: 98372NAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    471250 | PA      | $473691.83    | 0.08%             | 2026-12-31      | Floating      | 11.78%                | Yes           |                  2 | On Loan: No      |
| CROSS 2025-H1 MORTGAGE TRUST                                  | CROSS 2025-H10 A1  | CUSIP: 22758YAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1203454 | PA      | $1199256.14   | 0.19%             | 2071-01-25      | Floating      | 4.97%                 | Yes           |                  2 | On Loan: No      |
| KNDR TRUST 2021-KIND                                          | KNDR 2021-KIND D   | CUSIP: 482606AN0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3709537 | PA      | $3702726.12   | 0.59%             | 2038-08-15      | Floating      | 6.07%                 | Yes           |                  2 | On Loan: No      |
| WIND RIVER 2014-3 CLO LTD                                     | WINDR 2014-3A DR2  | CUSIP: 88432DBL7<br>LEI: 254900ZK5ODN8CA7YX85 | Long             | ABS-CBDO         | CORP              | KY        |   4750000 | PA      | $4764079.00   | 0.76%             | 2031-10-22      | Floating      | 7.33%                 | Yes           |                  2 | On Loan: No      |
| VOYA CLO 2013-1 LTD                                           | INGIM 2013-1A CR   | CUSIP: 92917CAN2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4250000 | PA      | $4275089.03   | 0.68%             | 2030-10-15      | Floating      | 6.88%                 | Yes           |                  2 | On Loan: No      |
| MOO SECURITIZATION TRUST 2026-RM1                             | MOOST 2026-RM1 M3  | CUSIP: 55318PAF2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1100000 | PA      | $920460.09    | 0.15%             | 2066-03-25      | Floating      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| ONITY LOAN INVESTMENT TRUST 2026-HB1                          | OLIT 2026-HB1 M3   | CUSIP: 68278HAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $906092.00    | 0.15%             | 2039-03-25      | Floating      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| MCR 2024-TWA MORTGAGE TRUST                                   | MCR 2024-TWA F     | CUSIP: 582923AF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2410000 | PA      | $2435677.35   | 0.39%             | 2039-06-12      | Fixed         | 10.38%                | Yes           |                  2 | On Loan: No      |
| CHENANGO PARK CLO LTD                                         | CHPRK 2018-1A CR   | CUSIP: 16409TAU3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6218000 | PA      | $6247952.11   | 1.00%             | 2030-04-15      | Floating      | 6.42%                 | Yes           |                  2 | On Loan: No      |
| X-Caliber Funding Llc                                         | XCAL 2024-OPAL B1  | CUSIP: 98373XBT6<br>LEI: 549300GGW5CBE4FDT866 | Long             | ABS-O            | CORP              | US        |   2450000 | PA      | $2444097.95   | 0.39%             | 2027-02-15      | Floating      | 10.75%                | Yes           |                  2 | On Loan: No      |
| SOUND POINT CLO XVI LTD                                       | SNDPT 2017-2A D    | CUSIP: 83610KAG8<br>LEI: 549300ZK5CJ7PM7YBH85 | Long             | ABS-CBDO         | CORP              | KY        |  22500000 | PA      | $22570920.00  | 3.61%             | 2030-07-25      | Floating      | 7.53%                 | Yes           |                  2 | On Loan: No      |
| HUDSON'S BAY SIMON JV TRUST 2015-HBS                          | HBCT 2015-HB10 C10 | CUSIP: 44422PBY7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1070000 | PA      | $997475.40    | 0.16%             | 2034-08-05      | Floating      | 5.63%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL FUNDING MORTGAGE TRUST-029                            | CFGMS 2024-29 B    | CUSIP: 14022JAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3750000 | PA      | $3755497.50   | 0.60%             | 2026-11-01      | Floating      | 13.17%                | Yes           |                  2 | On Loan: No      |
| OBX 2025-NQM20 TRUST                                          | OBX 2025-NQM20 A1  | CUSIP: 67126GAC6<br>LEI: 254900Y8CC35WOVR8295 | Long             | ABS-O            | CORP              | US        |   2064960 | PA      | $2063551.85   | 0.33%             | 2065-10-25      | Floating      | 5.02%                 | Yes           |                  2 | On Loan: No      |
| SMR 2022-IND MORTGAGE TRUST                                   | SMR 2022-IND D     | CUSIP: 78458MAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3249356 | PA      | $3258744.67   | 0.52%             | 2039-02-15      | Floating      | 7.60%                 | Yes           |                  2 | On Loan: No      |
| FIRST AMERICAN FUNDS INC                                      | FRST AM-GV OB-X    | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |  26988065 | PA      | $26988064.73  | 4.32%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2024-BPR2                      | MSC 2024-BPR2 E    | CUSIP: 61776EAL7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6000000 | PA      | $5797053.60   | 0.93%             | 2029-05-05      | Floating      | 9.04%                 | Yes           |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2023-4                             | VERUS 2023-4 A1    | CUSIP: 92539TAA1<br>LEI: 2138008DC17PCNG48R87 | Long             | ABS-O            | CORP              | US        |    185276 | PA      | $184868.24    | 0.03%             | 2068-05-25      | Floating      | 5.81%                 | Yes           |                  2 | On Loan: No      |
| WIND RIVER 2014-3K CLO LTD                                    | WINDR 2014-3KRA D  | CUSIP: 88390BAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  10000000 | PA      | $10024590.00  | 1.61%             | 2030-10-15      | Floating      | 7.28%                 | Yes           |                  2 | On Loan: No      |
| X-Caliber Funding Llc                                         | XCAL 2024-MSD B1   | CUSIP: 98373XBX7<br>LEI: 549300GGW5CBE4FDT866 | Long             | ABS-O            | CORP              | US        |   2748750 | PA      | $2762482.76   | 0.44%             | 2027-01-25      | Floating      | 10.00%                | Yes           |                  2 | On Loan: No      |
| ROCKFORD TOWER CLO 2018-2 LTD                                 | ROCKT 2018-2A D    | CUSIP: 77342KAG5<br>LEI: 5493001SZ764RMCNU069 | Long             | ABS-CBDO         | CORP              | KY        |   5250000 | PA      | $5269073.25   | 0.84%             | 2031-10-20      | Floating      | 7.04%                 | Yes           |                  2 | On Loan: No      |
| FORTRESS CREDIT BSL XVII LTD                                  | FCBSL 2022-1A D    | CUSIP: 34964HAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  24500000 | PA      | $24602116.00  | 3.94%             | 2034-10-23      | Floating      | 8.47%                 | Yes           |                  2 | On Loan: No      |
| X-CALI 2020-5 MORTGAGE TRUST                                  | XCALI 2020-5 B1    | CUSIP: 98401JAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    188716 | PA      | $187714.51    | 0.03%             | 2026-12-31      | Floating      | 12.04%                | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                         | CAS 2025-R05 2A1   | CUSIP: 20753CAA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    653702 | PA      | $655325.75    | 0.10%             | 2045-07-25      | Floating      | 4.65%                 | Yes           |                  2 | On Loan: No      |
| JEFFERSON MILL CLO LTD                                        | JEFFM 2015-1A DR   | CUSIP: 47421MBC6<br>LEI: 549300RV1TCF15DHXS87 | Long             | ABS-CBDO         | CORP              | KY        |    870000 | PA      | $873747.96    | 0.14%             | 2031-10-20      | Floating      | 7.49%                 | Yes           |                  2 | On Loan: No      |
| VOYA CLO 2017-1 LTD                                           | VOYA 2017-1A C     | CUSIP: 92916MAD3<br>LEI: 54930054YW6PM1FPVU95 | Long             | ABS-CBDO         | CORP              | KY        |   9159895 | PA      | $9193713.33   | 1.47%             | 2030-04-17      | Floating      | 7.27%                 | Yes           |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2024-7                             | VERUS 2024-7 A1    | CUSIP: 924925AA8<br>LEI: 213800HQOHEFNJCQYJ07 | Long             | ABS-O            | CORP              | US        |     37827 | PA      | $37927.94     | 0.01%             | 2069-09-25      | Floating      | 5.10%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                         | CAS 2024-R02 1M1   | CUSIP: 20754GAA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   2363443 | PA      | $2363814.28   | 0.38%             | 2044-02-25      | Floating      | 4.75%                 | Yes           |                  2 | On Loan: No      |
| CSMC 2016-NXSR COMMERCIAL MORTGAGE TRUST                      | CSMC 2016-NXSR XA  | CUSIP: 12594PAX9<br>LEI: 549300XMRV4C4QGBZZ20 | Long             | ABS-O            | CORP              | US        |   3173115 | PA      | $2263.07      | 0.00%             | 2049-12-15      | Floating      | 0.59%                 | No            |                  2 | On Loan: No      |
| CARLYLE GLOBAL MARKET STRATEGIES CLO 2014-2-R LTD             | CGMS 2014-2RA C    | CUSIP: 14314LAL9<br>LEI: 549300K65HYRGER5BW54 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002887.00   | 0.16%             | 2031-05-15      | Floating      | 6.71%                 | Yes           |                  2 | On Loan: No      |
| TRINITAS CLO VI LTD                                           | TRNTS 2017-6A DR4  | CUSIP: 89640YBL7<br>LEI: 549300IUAXGLQ814UD95 | Long             | ABS-CBDO         | CORP              | KY        |   3300000 | PA      | $3266547.90   | 0.52%             | 2034-01-25      | Floating      | 8.18%                 | Yes           |                  2 | On Loan: No      |
| BLUEMOUNTAIN FUJI US CLO II LLC                               | BLUEM 2017-2A C    | CUSIP: 09629EAJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $1001466.60   | 0.16%             | 2030-10-20      | Floating      | 6.94%                 | Yes           |                  2 | On Loan: No      |
| BAHA TRUST 2024-MAR                                           | BAHA 2024-MAR C    | CUSIP: 05493XAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2066547.60   | 0.33%             | 2041-12-10      | Floating      | 7.77%                 | Yes           |                  2 | On Loan: No      |
| DRYDEN 54 SENIOR LOAN FUND                                    | DRSLF 2017-54A D   | CUSIP: 26244RAD3<br>LEI: 54930064P37IJ78XTR63 | Long             | ABS-CBDO         | CORP              | KY        |   2400000 | PA      | $2407872.00   | 0.39%             | 2029-10-19      | Floating      | 7.04%                 | Yes           |                  2 | On Loan: No      |
| BAHA TRUST 2024-MAR                                           | BAHA 2024-MAR D    | CUSIP: 05493XAJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10000000 | PA      | $10500738.00  | 1.68%             | 2041-12-10      | Floating      | 9.20%                 | Yes           |                  2 | On Loan: No      |
| X-Caliber Funding Llc                                         | XCALFD 25 09/01/25 | CUSIP: 98373XAE0<br>LEI: 549300GGW5CBE4FDT866 | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $300000.00    | 0.05%             | 2026-10-15      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| TWO ROADS SHARED TRUST                                        | HOLBROOK T R F-I   | CUSIP: 90214Q493<br>LEI: 549300REHU8QC2CK4V30 | Long             | EC               | RF                | US        |   1000000 | NS      | $9970300.00   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| DRYDEN 49 SENIOR LOAN FUND                                    | DRSLF 2017-49A DR  | CUSIP: 26244QAU7<br>LEI: 549300VCB8LYR1RGV869 | Long             | ABS-CBDO         | CORP              | KY        |   4520000 | PA      | $4535707.00   | 0.73%             | 2030-07-18      | Floating      | 7.34%                 | Yes           |                  2 | On Loan: No      |
| VENTURE XXVIII CLO LTD                                        | VENTR 2017-28A D   | CUSIP: 92331AAN4<br>LEI: 54930010DKR017G3JK24 | Long             | ABS-CBDO         | CORP              | KY        |   7000000 | PA      | $7013867.00   | 1.12%             | 2030-07-20      | Floating      | 7.94%                 | Yes           |                  2 | On Loan: No      |
| ONITY LN INVT TR 2024-HB2                                     | OLIT 2024-HB2 M3   | CUSIP: 68278DAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $585013.50    | 0.09%             | 2037-08-25      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                         | CAS 2025-R04 1M1   | CUSIP: 20755TAB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    263968 | PA      | $264250.76    | 0.04%             | 2045-05-25      | Floating      | 4.85%                 | Yes           |                  2 | On Loan: No      |
| LUXURY LEASE PT AUTO 2021-ARC2                                | LLP 2024-4 B       | CUSIP: 55068XAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    538000 | PA      | $540018.90    | 0.09%             | 2030-07-15      | Fixed         | 10.49%                | Yes           |                  2 | On Loan: No      |
| CANYON CAPITAL CLO 2012-1 R LTD                               | CANYC 2012-1RA D   | CUSIP: 13876JAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8400000 | PA      | $8430181.20   | 1.35%             | 2030-07-15      | Floating      | 6.93%                 | Yes           |                  2 | On Loan: No      |
| BANK 2017-BNK8                                                | BANK 2017-BNK8 XB  | CUSIP: 06650AAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        | 189025000 | PA      | $641796.58    | 0.10%             | 2050-11-15      | Floating      | 0.18%                 | No            |                  2 | On Loan: No      |
| SHACKLETON 2015-VII-R CLO LTD                                 | SHACK 2015-7RA DRR | CUSIP: 81883AAY5<br>LEI: 549300NCJRO2LKFZ8G86 | Long             | ABS-CBDO         | CORP              | KY        |  10955000 | PA      | $10990669.48  | 1.76%             | 2031-07-15      | Floating      | 6.67%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL FUNDING MORTGAGE TRUST -031                           | CFGMS 2025-31 B    | CUSIP: 14023CAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10801789 | PA      | $10892960.85  | 1.74%             | 2028-02-10      | Floating      | 17.08%                | Yes           |                  2 | On Loan: No      |
| JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST          | JPMCC 2020-NNN DFX | CUSIP: 46652BBJ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    880000 | PA      | $402626.40    | 0.06%             | 2037-01-16      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| SOUND POINT CLO XX LTD                                        | SNDPT 2018-2A D    | CUSIP: 83611JAG0<br>LEI: 549300RTEBF0FW35D815 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500013.00    | 0.08%             | 2031-07-26      | Floating      | 6.93%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2024-BPR2                      | MSC 2024-BPR2 C    | CUSIP: 61776EAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8500000 | PA      | $8756781.60   | 1.40%             | 2029-05-05      | Floating      | 9.04%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL FUNDING MORTGAGE TRUST P-0                            | CFGMS 2025-P05 B   | CUSIP: 139917AB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2452800 | PA      | $2456029.85   | 0.39%             | 2026-08-04      | Floating      | 14.16%                | No            |                  2 | On Loan: No      |
| SHACKLETON 2013-IV-R CLO LTD                                  | SHACK 2013-4RA C   | CUSIP: 81882HAG0<br>LEI: 5493000LHXWSIZGUY418 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250625.50    | 0.04%             | 2031-04-13      | Floating      | 6.80%                 | Yes           |                  2 | On Loan: No      |
| SHACKLETON 2017-XI CLO LTD                                    | SHACK 2017-11A D   | CUSIP: 81883EAD3<br>LEI: 549300S19P71XFXC3657 | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4006644.00   | 0.64%             | 2030-08-15      | Floating      | 7.56%                 | Yes           |                  2 | On Loan: No      |
| CFMT 2025-AB3 LLC                                             | CFMT 2025-AB3 M3   | CUSIP: 15723JAE2<br>LEI: 984500B0B47A6AEABC92 | Long             | ABS-O            | CORP              | US        |   2643902 | PA      | $2296578.18   | 0.37%             | 2055-05-25      | Floating      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| KKR CLO 14 LTD                                                | KKR 14 DR          | CUSIP: 48250WAN5<br>LEI: 635400KULUKCVCJXZX78 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2006270.00   | 0.32%             | 2031-07-15      | Floating      | 7.08%                 | Yes           |                  2 | On Loan: No      |
| VOYA CLO LTD                                                  | VOYA 2016-1A CR    | CUSIP: 92915CAW4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6500000 | PA      | $6522184.50   | 1.04%             | 2031-01-20      | Floating      | 6.59%                 | Yes           |                  2 | On Loan: No      |
| XCAL 2021-7 MORTGAGE TRUST                                    | XCAL 2021-7 A      | CUSIP: 98370NAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5200000 | PA      | $5191782.96   | 0.83%             | 2026-10-15      | Floating      | 6.79%                 | Yes           |                  2 | On Loan: No      |
| Cfmt 2025 AB3 LLC                                             | CFMT 2025-AB3 M4   | CUSIP: 15723JAF9<br>LEI: 984500B0B47A6AEABC92 | Long             | ABS-O            | CORP              | US        |   1184054 | PA      | $944440.86    | 0.15%             | 2055-05-25      | Floating      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| A&D MORTGAGE TRUST 2025-NQM1                                  | ADMT 2025-NQM5 A1  | CUSIP: 00250AAC8<br>LEI: 984500CE0D9FE0NM4277 | Long             | ABS-O            | CORP              | US        |    767458 | PA      | $765493.32    | 0.12%             | 2070-12-25      | Floating      | 5.12%                 | Yes           |                  2 | On Loan: No      |
| SYMPHONY CLO XVI LTD                                          | SYMP 2015-16A DR   | CUSIP: 87165VAR0<br>LEI: 5493004PWOYFPAFQVT02 | Long             | ABS-CBDO         | CORP              | KY        |   5300000 | PA      | $5340884.20   | 0.86%             | 2031-10-15      | Floating      | 6.98%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                         | CAS 2024-R03 2M1   | CUSIP: 207941AA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    677496 | PA      | $677612.17    | 0.11%             | 2044-03-25      | Floating      | 4.80%                 | Yes           |                  2 | On Loan: No      |
| CFMT 2024-HB14 LLC                                            | CFMT 2024-HB14 M3  | CUSIP: 12530XAD3<br>LEI: 9845005986F840FBE847 | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1450954.80   | 0.23%             | 2034-06-25      | Floating      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| OZLM XVIII LTD                                                | OZLM 2018-18A D    | CUSIP: 67112GAG3<br>LEI: 5493002SZMQH8ZTTHX49 | Long             | ABS-CBDO         | CORP              | KY        |   9750000 | PA      | $9771089.25   | 1.56%             | 2031-04-15      | Floating      | 6.78%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL FUNDING MORTGAGE TRUST- 033                           | CFGMS 2025-33 B    | CUSIP: 14022HAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4750000 | PA      | $4768227.65   | 0.76%             | 2029-10-31      | Floating      | 12.15%                | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2025-DNA3                       | STACR 2025-DNA3 M1 | CUSIP: 35564UAR8<br>LEI: 5299009HC4IGFM6RXF30 | Long             | ABS-O            | USGSE             | US        |    954070 | PA      | $954539.78    | 0.15%             | 2045-09-25      | Floating      | 4.75%                 | Yes           |                  2 | On Loan: No      |
| ECP CLO 2015-7 LTD                                            | GLGU 2018-1A CR    | CUSIP: 26829CBC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4008268.00   | 0.64%             | 2030-04-22      | Floating      | 7.01%                 | Yes           |                  2 | On Loan: No      |
| CROWN POINT CLO 7 LTD                                         | CRNPT 2018-7A D    | CUSIP: 22846MAG8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4013408.00   | 0.64%             | 2031-10-20      | Floating      | 7.44%                 | Yes           |                  2 | On Loan: No      |
| HPS LOAN MANAGEMENT 5-2015 LTD                                | HLM 5A-2015 DR3    | CUSIP: 44331DAY5<br>LEI: 54930067MZ9NV8B3SZ80 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250640.25    | 0.04%             | 2030-10-15      | Floating      | 6.67%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL FUNDING MORTGAGE TRUST-030                            | CFGMS 2025-30 B    | CUSIP: 14017XAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $4521798.90   | 0.72%             | 2028-06-02      | Floating      | 14.92%                | Yes           |                  2 | On Loan: No      |
| HPS LOAN MANAGEMENT 3-2014 LTD                                | HLM 3A-2014 CR     | CUSIP: 40436XAJ6<br>LEI: 5493006ZY0SLETMEU160 | Long             | ABS-CBDO         | CORP              | KY        |    647676 | PA      | $652376.78    | 0.10%             | 2029-07-18      | Floating      | 7.54%                 | Yes           |                  2 | On Loan: No      |
| KKR CLO 24 LTD                                                | KKR 24 DR          | CUSIP: 48252RAU8<br>LEI: 549300LGO0WGOG6NE245 | Long             | ABS-CBDO         | CORP              | KY        |   6347600 | PA      | $6378944.45   | 1.02%             | 2032-04-20      | Floating      | 7.19%                 | Yes           |                  2 | On Loan: No      |
| ZAIS CLO 7 LTD                                                | ZAIS7 2017-2A D    | CUSIP: 98887VAG8<br>LEI: 549300XFDOUEB0QTZS87 | Long             | ABS-CBDO         | CORP              | KY        |   7000000 | PA      | $7013475.00   | 1.12%             | 2030-04-15      | Floating      | 7.68%                 | Yes           |                  2 | On Loan: No      |
| SARANAC CLO VII LTD                                           | SRANC 2014-2A DR   | CUSIP: 80317EAL3<br>LEI: 5493000RC2FP2JRHW627 | Long             | ABS-CBDO         | CORP              | JE        |   5492391 | PA      | $5517579.25   | 0.88%             | 2029-11-20      | Floating      | 7.29%                 | Yes           |                  2 | On Loan: No      |
| ONITY LOAN INVESTMENT TRUST 2025-HB1                          | OLIT 2025-HB1 M3   | CUSIP: 68278EAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1862141.80   | 0.30%             | 2038-06-25      | Floating      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| CFMT 2024-HB13 LLC                                            | CFMT 2024-HB13 M3  | CUSIP: 12530VAD7<br>LEI: 984500D67D63D8645054 | Long             | ABS-O            | CORP              | US        |    440000 | PA      | $426056.97    | 0.07%             | 2034-05-25      | Floating      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| MOO SECURITIZATION TRUST 2025-RM1                             | MOOST 2025-RM1 M2  | CUSIP: 614872AE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1105759.00   | 0.18%             | 2065-12-25      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| TRINITAS CLO XV LTD                                           | TRNTS 2021-15A D   | CUSIP: 89641XAJ4<br>LEI: 254900ZVDNHQAUJNHH42 | Long             | ABS-CBDO         | CORP              | KY        |  11500000 | PA      | $11363357.00  | 1.82%             | 2034-04-22      | Floating      | 7.68%                 | Yes           |                  2 | On Loan: No      |
| TRINITAS CLO VIII LTD                                         | TRNTS 2018-8A D    | CUSIP: 89642RAG2<br>LEI: 5493000JXST1RIX07H55 | Long             | ABS-CBDO         | CORP              | KY        |  18250000 | PA      | $18349772.75  | 2.94%             | 2031-07-20      | Floating      | 7.04%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL FUNDING MORTGAGE TRUST-P06                            | CFGMS 2026-P08 B   | CUSIP: 139918AB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3056500 | PA      | $3056500.00   | 0.49%             | 2029-02-09      | Floating      | 12.67%                | No            |                  2 | On Loan: No      |
| CIFC FUNDING 2012-III LTD                                     | CIFC 2017-4A D     | CUSIP: 12551KAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003420.00   | 0.16%             | 2030-10-24      | Floating      | 10.03%                | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2024-BPR2                      | MSC 2024-BPR2 D    | CUSIP: 61776EAJ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7250000 | PA      | $7241772.70   | 1.16%             | 2029-05-05      | Floating      | 9.04%                 | Yes           |                  2 | On Loan: No      |
| STEELE CREEK CLO 2016-1 LTD                                   | STCR 2016-1A DR    | CUSIP: 858102BA3<br>LEI: 5493003PZ3HX9NW9PS65 | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $6013560.00   | 0.96%             | 2031-06-15      | Floating      | 6.84%                 | Yes           |                  2 | On Loan: No      |
| JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2018-PTC | JPMCC 2018-PTC A   | CUSIP: 46649GAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6000000 | PA      | $2877000.00   | 0.46%             | 2031-04-15      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| OCWEN LN INVESTMNT TR2024-HB1                                 | OLIT 2024-HB1 M3   | CUSIP: 675952AD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4650000 | PA      | $4531658.43   | 0.73%             | 2037-02-25      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                         | FNR 2024-11 BK     | CUSIP: 3136BRFK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    241705 | PA      | $241362.22    | 0.04%             | 2051-02-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VOYA CLO 2013-2 LTD                                           | INGIM 2013-2A CR   | CUSIP: 92916WAJ8<br>LEI: 5493007ASGBOUR3XJY69 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1253420.00   | 0.20%             | 2031-04-25      | Floating      | 6.68%                 | Yes           |                  2 | On Loan: No      |
| OCP CLO 2014-5 LTD                                            | OCP 2014-5A CR     | CUSIP: 67102SAS3<br>LEI: 254900NXH68CRC058O44 | Long             | ABS-CBDO         | CORP              | KY        |   2050000 | PA      | $2055709.25   | 0.33%             | 2031-04-26      | Floating      | 6.83%                 | Yes           |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO 2018-2 LTD                            | BCC 2018-2A DR     | CUSIP: 05682VAU9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  15074000 | PA      | $15135200.44  | 2.42%             | 2031-07-19      | Floating      | 6.63%                 | Yes           |                  2 | On Loan: No      |
| OCWEN LOAN INVESTMENT TRUST 2023-HB                           | OLIT 2023-HB1 M3   | CUSIP: 67578KAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $996600.90    | 0.16%             | 2036-06-25      | Floating      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| CATAMARAN CLO 2014-1 LTD                                      | CRMN 2014-1A CR    | CUSIP: 14889DAS7<br>LEI: 549300C8Q7ISEHHDRH76 | Long             | ABS-CBDO         | CORP              | KY        |  15455000 | PA      | $15522955.64  | 2.49%             | 2030-04-22      | Floating      | 7.36%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                         | FNR 2025-6 DL      | CUSIP: 3136BUUF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   2317374 | PA      | $1328198.04   | 0.21%             | 2053-04-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| X-Caliber Funding Llc                                         | XCALFD 11 03/01/25 | CUSIP: 98373XAY6<br>LEI: 549300GGW5CBE4FDT866 | Long             | ABS-O            | CORP              | US        |   2654000 | PA      | $2652663.98   | 0.42%             | 2027-03-25      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| OBX 2025-NQM19 TRUST                                          | OBX 2025-NQM19 A1  | CUSIP: 67449LAA9<br>LEI: 2549003HKVOL66FLG606 | Long             | ABS-O            | CORP              | US        |   2422966 | PA      | $2410593.67   | 0.39%             | 2065-10-25      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| X-Caliber Funding Llc                                         | XCALFD 11 09/01/24 | CUSIP: 98373XAD2<br>LEI: 549300GGW5CBE4FDT866 | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $465813.10    | 0.07%             | 2026-10-15      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| ATLAS SENIOR SECURED LOAN FUND VIII LTD                       | ATCLO 2017-8A D    | CUSIP: 04943AAJ8<br>LEI: 2549008VGBH29LRDN709 | Long             | ABS-CBDO         | CORP              | KY        |   3782349 | PA      | $3810592.06   | 0.61%             | 2030-01-16      | Floating      | 7.64%                 | Yes           |                  2 | On Loan: No      |
| ONITY LOAN INVESTMENT TRUST 2025-HB2                          | OLIT 2025-HB2 M3   | CUSIP: 68278FAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1375837.20   | 0.22%             | 2038-11-25      | Floating      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| KKR CLO 15 LTD                                                | KKR 15 DR2         | CUSIP: 48251MBJ4<br>LEI: 549300K434Q30JZAS486 | Long             | ABS-CBDO         | CORP              | KY        |  11550000 | PA      | $11594074.80  | 1.86%             | 2032-01-18      | Floating      | 6.68%                 | Yes           |                  2 | On Loan: No      |
| CROSS 2025-H8 MORTGAGE TRUST                                  | CROSS 2025-H8 A1   | CUSIP: 22757XAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000109 | PA      | $997709.02    | 0.16%             | 2070-11-25      | Floating      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| WB BURGERS ASIA INC                                           | WB 2024-HQ C       | CUSIP: 92943PAE1<br>LEI: 549300GK97AYN6BKKT80 | Long             | ABS-O            | CORP              | US        |   6900000 | PA      | $6862973.91   | 1.10%             | 2040-03-15      | Floating      | 7.13%                 | Yes           |                  2 | On Loan: No      |
| STEELE CREEK CLO 2017-1 LTD                                   | STCR 2017-1A D     | CUSIP: 85816VAD8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  11331250 | PA      | $11366852.79  | 1.82%             | 2030-10-15      | Floating      | 6.83%                 | Yes           |                  2 | On Loan: No      |
| CSMC 2021-GATE                                                | CSMC 2021-GATE C   | CUSIP: 12662UAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1975185.00   | 0.32%             | 2036-12-15      | Floating      | 6.48%                 | Yes           |                  2 | On Loan: No      |
| ELLINGTON CLO I LTD                                           | ECLO 2017-1A DR    | CUSIP: 28851QAL7<br>LEI: 254900TQC62LFRK4R517 | Long             | ABS-CBDO         | CORP              | KY        |   2025210 | PA      | $2027245.18   | 0.32%             | 2029-10-15      | Floating      | 7.28%                 | Yes           |                  2 | On Loan: No      |
| MOUNTAIN VIEW CLO IX LTD                                      | MVEW 2017-2A D     | CUSIP: 62432LAG6<br>LEI: 549300URXZ1TS31FK720 | Long             | ABS-CBDO         | CORP              | KY        |   1725000 | PA      | $1729136.55   | 0.28%             | 2031-01-16      | Floating      | 7.04%                 | Yes           |                  2 | On Loan: No      |
| X-Caliber Funding Llc                                         | XCAL 2023-MF9 B1   | CUSIP: 98373XBE9<br>LEI: 549300GGW5CBE4FDT866 | Long             | ABS-O            | CORP              | US        |    240437 | PA      | $239521.36    | 0.04%             | 2026-11-25      | Floating      | 10.17%                | Yes           |                  2 | On Loan: No      |
| SHACKLETON 2013-III CLO LTD                                   | SHACK 2013-3A DR   | CUSIP: 81881QAY2<br>LEI: 549300S9WB2KLCOJR134 | Long             | ABS-CBDO         | CORP              | KY        |   3150000 | PA      | $3156044.85   | 0.51%             | 2030-07-15      | Floating      | 6.95%                 | Yes           |                  2 | On Loan: No      |
| DRYDEN 64 CLO LTD                                             | DRSLF 2018-64A D   | CUSIP: 26251LAJ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   7750000 | PA      | $7786874.50   | 1.25%             | 2031-04-18      | Floating      | 6.59%                 | Yes           |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2025-2                             | VERUS 2025-2 A1    | CUSIP: 92540VAA3<br>LEI: 213800TTP1CNX4WER720 | Long             | ABS-O            | CORP              | US        |     18897 | PA      | $18967.83     | 0.00%             | 2070-03-25      | Floating      | 5.31%                 | Yes           |                  2 | On Loan: No      |
| LCM 28 LTD                                                    | LCM 28A D          | CUSIP: 50200WAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3825000 | PA      | $3822085.35   | 0.61%             | 2030-10-20      | Floating      | 6.89%                 | Yes           |                  2 | On Loan: No      |
| SHACKLETON 2014-V-R CLO LTD                                   | SHACK 2014-5RA D   | CUSIP: 81881JAJ1<br>LEI: 549300OM5GJJFIKCOZ48 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5010995.00   | 0.80%             | 2031-05-07      | Floating      | 7.07%                 | Yes           |                  2 | On Loan: No      |
| X-Caliber Funding Llc                                         | XCAL 2024-SURF A   | CUSIP: 98373XBP4<br>LEI: 549300GGW5CBE4FDT866 | Long             | ABS-O            | CORP              | US        |   6000000 | PA      | $6017736.00   | 0.96%             | 2028-09-25      | Fixed         | 12.00%                | Yes           |                  2 | On Loan: No      |
| HALCYON LOAN ADVISORS FUNDING 2018-2 LTD                      | HLA 2018-2A C      | CUSIP: 40490AAJ9<br>LEI: 549300OG6D5MQUG20S28 | Long             | ABS-CBDO         | CORP              | KY        |  17900000 | PA      | $17945322.80  | 2.87%             | 2031-01-22      | Floating      | 7.33%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL FUNDING MORTGAGE TRUST 2021-19                        | CFGMS 2024-28 B    | CUSIP: 14022BAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3176069 | PA      | $3186512.19   | 0.51%             | 2026-11-01      | Floating      | 14.69%                | Yes           |                  2 | On Loan: No      |
| EFMT 2023-1                                                   | EFMT 2023-1 A2     | CUSIP: 26844QAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     55832 | PA      | $55926.59     | 0.01%             | 2068-02-25      | Floating      | 6.24%                 | Yes           |                  2 | On Loan: No      |
| SOUND POINT CLO XIX LTD                                       | SNDPT 2018-1A D    | CUSIP: 83610JAJ5<br>LEI: 5493001QI7ZD0IPL4A34 | Long             | ABS-CBDO         | CORP              | KY        |  18000000 | PA      | $18076068.00  | 2.89%             | 2031-04-15      | Floating      | 6.58%                 | Yes           |                  2 | On Loan: No      |
| ONITY LOAN INVESTMENT TRUST 2026-HB1                          | OLIT 2026-HB1 M4   | CUSIP: 68278HAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7000000 | PA      | $5839374.10   | 0.94%             | 2039-03-25      | Floating      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                               | FHR 5385 CK        | CUSIP: 3137HBMS0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    420615 | PA      | $422563.25    | 0.07%             | 2051-08-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| X-Caliber Funding Llc                                         | XCAL 2024-OPAL A   | CUSIP: 98373XBS8<br>LEI: 549300GGW5CBE4FDT866 | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $3987947.20   | 0.64%             | 2027-02-15      | Floating      | 8.75%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2024-NQM3      | MSRM 2024-NQM3 A1  | CUSIP: 61776UAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    228234 | PA      | $228375.56    | 0.04%             | 2069-07-25      | Floating      | 5.04%                 | Yes           |                  2 | On Loan: No      |
| CFMT 2024-HB15 LLC                                            | CFMT 2024-HB15 M3  | CUSIP: 15723AAD3<br>LEI: 98450050957GF5E1CD92 | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $485284.20    | 0.08%             | 2034-08-25      | Floating      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| OBX 2025-NQM11 TRUST                                          | OBX 2025-NQM11 A1A | CUSIP: 67449BAL7<br>LEI: 254900KNWDG7C03UTA13 | Long             | ABS-O            | CORP              | US        |    596132 | PA      | $599315.38    | 0.10%             | 2065-05-25      | Floating      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| X-CALIBER FUNDING LLC                                         | XCAL 2025-OKG A    | CUSIP: 98373XCC2<br>LEI: 549300GGW5CBE4FDT866 | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $4981995.00   | 0.80%             | 2027-10-15      | Floating      | 6.67%                 | Yes           |                  2 | On Loan: No      |
| Fremf 2019-KF73 Mortgage Trust                                | FREMF 2019-KF61 B  | CUSIP: 30311LAG9<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    268282 | PA      | $262777.41    | 0.04%             | 2029-04-25      | Floating      | 5.97%                 | Yes           |                  2 | On Loan: No      |
| MOO SECURITIZATION TRUST 2025-RM1                             | MOOST 2025-RM1 M3  | CUSIP: 614872AF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $2550379.50   | 0.41%             | 2065-12-25      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| SOUND POINT CLO VIII-R LTD                                    | SNDPT 2015-1RA D1  | CUSIP: 83607HAG0<br>LEI: 549300RPMX5HA435Q562 | Long             | ABS-CBDO         | CORP              | KY        |   2702000 | PA      | $2707314.83   | 0.43%             | 2030-04-15      | Floating      | 7.68%                 | Yes           |                  2 | On Loan: No      |
| BRAVO RESIDENTIAL FUNDING TRUST 2025-NQM6                     | BRAVO 2025-NQM6 A1 | CUSIP: 10570MAC4<br>LEI: 254900U9H6FFPW4O4S55 | Long             | ABS-O            | CORP              | US        |     16673 | PA      | $16732.66     | 0.00%             | 2065-06-25      | Floating      | 5.33%                 | Yes           |                  2 | On Loan: No      |
| ATLAS SENIOR LOAN FUND XIII LTD                               | ATCLO 2019-13A D   | CUSIP: 04942VAS3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  11250000 | PA      | $11299241.25  | 1.81%             | 2031-04-22      | Floating      | 8.04%                 | Yes           |                  2 | On Loan: No      |
| XCAL 2021-7 MORTGAGE TRUST                                    | XCAL 2021-7 B1     | CUSIP: 98370NAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4165000 | PA      | $4165000.00   | 0.67%             | 2026-05-15      | Floating      | 9.79%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-28

**Name of Applicant:** Two Roads Shared Trust

**Signature:** Laura Szalyga

**Name of Signer:** Laura Szalyga

**Title:** Treasurer