# EDGAR Filing Document

**Accession Number:** 0002042316
**File Stem:** 0001004726-26-003123
**Filing Date:** 2026-4
**Character Count:** 321060
**Document Hash:** 6a05794cfb29c152d5762cbee749a651
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-003123.hdr.sgml**: 20260428

**ACCESSION NUMBER**: 0001004726-26-003123

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260428

**DATE AS OF CHANGE**: 20260428

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Victory Portfolios IV
- **CENTRAL INDEX KEY:** 0002042316

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-24019
- **FILM NUMBER:** 26907029

**BUSINESS ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256
- **BUSINESS PHONE:** (210) 697-3624

**MAIL ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256

## Series and Classes Contracts Data

### Victory Pioneer Short Term Income Fund (Series ID: S000089768)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000256531 | Class Y      | PSHYX           |
| C000256532 | Class A      | STABX           |
| C000256533 | Class C      | STIIX           |
| C000256534 | Class R6     | STIKX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Victory Portfolios IV

- **b. Investment Company Act file number:** 811-24019

- **c. CIK number of Registrant:** 0002042316

- **d. LEI of Registrant:** 25490054DPU07WNNLY79

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

  - **Street Address 1:** 15935 La Cantera Pkwy Building Two

  - **City:** San Antonio

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 78256

  - **Telephone number:** 800-539-3863

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

- **a. Name of Series:** Victory Pioneer Short Term Income Fund

- **b. EDGAR series identifier (if any):** S000089768

- **c. LEI of Series:** L04JWOQVRJHMZWLSTV93

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2026-02-28

**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:** $1135421853.16

**Total Liabilities:** $62373513.24

**Net Assets:** $1073048339.92

**Cash Not Reported:** $4302222.36

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -3512.86236005 | **1-Year:** -67501.55880999 | **5-Year:** -39475.50036735 | **10-Year:** -12098.85915946 | **30-Year:** -2649.65183886

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

- **3-Month:** -180.64997043 | **1-Year:** -3446.89212127 | **5-Year:** -3115.21229413 | **10-Year:** -372.09648113 | **30-Year:** -9.16318958

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000256531 | 0.29%                | 0.42%                | 0.41%                |
| Class ID C000256532 | 0.27%                | 0.40%                | 0.39%                |
| Class ID C000256534 | 0.41%                | 0.42%                | 0.41%                |
| Class ID C000256533 | 0.36%                | 0.26%                | 0.48%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $44011.33                | $-734432.26                                |
| Month 2  | $769641.33               | $-450604.43                                |
| Month 3  | $117085.41               | $-164332.61                                |

**Designated Index Information**

- **Index Name:** 40-40-20 ICE BOA AA-BBB - 1-3YR US CORP - US HY

- **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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| LUMENT COMMERCIAL TRUST                                        | LMNT CRE 2025 FL3 LLC                              | CUSIP: 50208TAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3020000 | PA      | $3029442.03   | 0.28%             | 2043-07-21      | Floating      | 5.22%                 | Yes           |                  2 | On Loan: No      |
| CASCADE FUNDING MORTGAGE TRUST                                 | CFMT 2024 HB14 LLC                                 | CUSIP: 12530XAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $683194.75    | 0.06%             | 2034-06-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                       | LLOYDS BANKING GROUP PLC                           | CUSIP: 539439AY5<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   2030000 | PA      | $2047224.96   | 0.19%             | 2027-08-07      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FREDDIE MAC STACR REMIC TRUST 2024 DNA1            | CUSIP: 35564NAX1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    251756 | PA      | $252240.04    | 0.02%             | 2044-02-25      | Floating      | 5.02%                 | Yes           |                  2 | On Loan: No      |
| PHOENIX GUARANTOR INC.                                         | PHOENIX GUARANTOR INC                              | CUSIP: 71913BAK8<br>LEI: 254900JIOIDL3GSUFE55 | Long             | LON              | CORP              | US        |    234636 | PA      | $234635.93    | 0.02%             | 2031-02-21      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| POST ROAD EQUIPMENT FINANCE LLC                                | POST ROAD EQUIPMENT FINANCE 2024 1 LLC             | CUSIP: 737473AF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $411886.08    | 0.04%             | 2031-12-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST                            | EXETER AUTOMOBILE RECEIVABLES TRUST 2023 5         | CUSIP: 30168DAF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1100000 | PA      | $1134777.71   | 0.11%             | 2030-02-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31385HJE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3640 | PA      | $3687.19      | 0.00%             | 2036-12-01      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                        | HYUNDAI CAPITAL AMERICA                            | CUSIP: 44891ACX3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1013739.20   | 0.09%             | 2027-03-19      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| CASCADE FUNDING MORTGAGE TRUST                                 | CFMT 2024 HB13 LLC                                 | CUSIP: 12530VAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2230000 | PA      | $2155464.03   | 0.20%             | 2034-05-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| PFP LTD                                                        | PFP 2026 13 LTD                                    | CUSIP: 716966AE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $1251751.25   | 0.12%             | 2043-08-18      | Floating      | 5.52%                 | Yes           |                  2 | On Loan: No      |
| ACREC LTD                                                      | ACREC 2026 FL4 LLC                                 | CUSIP: 004970AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $300256.20    | 0.03%             | 2043-01-18      | Floating      | 5.16%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XGEA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     61857 | PA      | $57994.99     | 0.01%             | 2047-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CASCADE FUNDING MORTGAGE TRUST                                 | CFMT 2023 H12 LLC                                  | CUSIP: 12530QAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $743584.43    | 0.07%             | 2033-04-25      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FREDDIE MAC STACR REMIC TRUST 2025 HQA1            | CUSIP: 35564NGZ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2262694 | PA      | $2263392.14   | 0.21%             | 2045-02-25      | Floating      | 4.82%                 | Yes           |                  2 | On Loan: No      |
| AIR LEASE CORPORATION                                          | AIR LEASE CORP                                     | CUSIP: 00914AAW2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   1130000 | PA      | $1133976.27   | 0.11%             | 2026-06-25      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| STWD MORTGAGE TRUST                                            | STARWOOD 2024 SIF4 LLC                             | CUSIP: 85573YAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1610000 | PA      | $1612627.52   | 0.15%             | 2036-10-17      | Floating      | 6.38%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2023 R01       | CUSIP: 207932AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    512021 | PA      | $525199.32    | 0.05%             | 2042-12-25      | Floating      | 6.07%                 | Yes           |                  2 | On Loan: No      |
| CONTINENTAL FINANCE CREDIT CARD ABS LLC                        | CONTINENTAL FINANCE CREDIT CARD ABS MASTER TRUST   | CUSIP: 66981PAK4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $765539.33    | 0.07%             | 2030-10-15      | Fixed         | 9.33%                 | Yes           |                  2 | On Loan: No      |
| VELOCITY COMMERCIAL CAPITAL LOAN TRUST                         | VELOCITY COMMERCIAL CAPITAL LOAN TRUST 2024 2      | CUSIP: 92259PAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    719577 | PA      | $737611.03    | 0.07%             | 2054-04-25      | Fixed         | 6.58%                 | Yes           |                  2 | On Loan: No      |
| WELLS FARGO BANK, NATIONAL ASSOCIATION                         | WELLS FARGO BANK NA                                | CUSIP: 94988J6D4<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1608821.84   | 0.15%             | 2026-08-07      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE FIRST BOSTON CORPORATION                         | CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES COR | CUSIP: 22540VQ47<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     72648 | PA      | $74281.22     | 0.01%             | 2032-05-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NATIXIS COMMERCIAL MORTGAGE SECURITIES TRUST                   | NATIXIS COMMERCIAL MORTGAGE SECURITIES TRUST 2019  | CUSIP: 63875FAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    320000 | PA      | $300296.83    | 0.03%             | 2036-07-15      | Floating      | 5.57%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31385JNG9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       614 | PA      | $636.25       | 0.00%             | 2032-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                       | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38375PKW0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     23387 | PA      | $23385.52     | 0.00%             | 2038-02-20      | Floating      | 4.28%                 | No            |                  2 | On Loan: No      |
| PEAR LLC                                                       | PEAR 2024 1 LLC                                    | CUSIP: 704933AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    652461 | PA      | $659794.66    | 0.06%             | 2036-02-15      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| FIGRE TRUST                                                    | FIGRE TRUST 2024 HE3                               | CUSIP: 31684GAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1504873 | PA      | $1538653.60   | 0.14%             | 2054-07-25      | Fixed         | 5.94%                 | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                                   | BX COMMERCIAL MORTGAGE TRUST 2024 AIRC             | CUSIP: 12433CAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1760520 | PA      | $1765125.91   | 0.16%             | 2039-08-15      | Floating      | 5.35%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FREDDIE MAC STACR REMIC TRUST 2025 HQA1            | CUSIP: 35564NGY3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    932750 | PA      | $933766.70    | 0.09%             | 2045-02-25      | Floating      | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                       | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38374KPM9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     30310 | PA      | $30109.30     | 0.00%             | 2035-01-16      | Floating      | 4.02%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                          | ATHENE GLOBAL FUNDING                              | CUSIP: 04685A3X7<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   1230000 | PA      | $1248701.45   | 0.12%             | 2027-07-09      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                    | BANK OF AMERICA CORP                               | CUSIP: 06051GMK2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   4900000 | PA      | $4987543.69   | 0.46%             | 2029-01-24      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| AMEREN CORPORATION                                             | AMEREN CORP                                        | CUSIP: 023608AP7<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1769337.08   | 0.16%             | 2026-12-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| GREYSTONE COMMERCIAL REAL ESTATE NOTES LTD                     | GREYSTONE CRE NOTES 2025 FL4 LLC                   | CUSIP: 39810MAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2410000 | PA      | $2414046.39   | 0.22%             | 2043-01-15      | Floating      | 6.31%                 | Yes           |                  2 | On Loan: No      |
| BARCLAYS PLC                                                   | BARCLAYS PLC                                       | CUSIP: 06738ECX1<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | RF                | GB        |   1900000 | PA      | $1935678.39   | 0.18%             | 2029-02-25      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOFTWARE, INC.                            | TAKE TWO INTERACTIVE SOFTWARE INC                  | CUSIP: 874054AG4<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3989300.32   | 0.37%             | 2027-04-14      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| GLS AUTO SELECT RECEIVABLES TRUST                              | GLS AUTO SELECT RECEIVABLES TRUST 2024 4           | CUSIP: 36271BAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    887000 | PA      | $903478.51    | 0.08%             | 2031-10-15      | Fixed         | 5.28%                 | Yes           |                  2 | On Loan: No      |
| RADIAN GUARANTY INC AND EAGLE RE LTD                           | EAGLE RE 2023 1 LTD                                | CUSIP: 26982EAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     83834 | PA      | $83913.73     | 0.01%             | 2033-09-26      | Floating      | 5.67%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE WHOLE LOAN                              | CUSIP: 31395D7H6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     57900 | PA      | $57429.71     | 0.01%             | 2046-11-25      | Floating      | 4.04%                 | No            |                  2 | On Loan: No      |
| OCWEN LOAN INVESTMENT TRUST                                    | OCWEN LOAN INVESTMENT TRUST 2024 HB1               | CUSIP: 675952AC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    480000 | PA      | $469093.73    | 0.04%             | 2037-02-25      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| SAFCO AUTO RECEIVABLES TRUST                                   | SAFCO AUTO RECEIVABLES TRUST 2024 1                | CUSIP: 78637EAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $502859.70    | 0.05%             | 2030-01-18      | Fixed         | 6.96%                 | Yes           |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERATING, LP                                | WESTERN GAS PARTNERS LP                            | CUSIP: 958254AF1<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |   3300000 | PA      | $3300886.02   | 0.31%             | 2026-07-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST                                       | ANGEL OAK MORTGAGE TRUST 2025 HB2                  | CUSIP: 034648AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1816496 | PA      | $1829196.00   | 0.17%             | 2055-12-25      | Floating      | 5.47%                 | Yes           |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                                     | JP MORGAN MORTGAGE TRUST 2024 HE2                  | CUSIP: 46593HAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1785864 | PA      | $1788067.57   | 0.17%             | 2054-10-20      | Floating      | 4.86%                 | Yes           |                  2 | On Loan: No      |
| ARBOR REALTY COMMERCIAL REAL ESTATE NOTES LTD                  | ARBOR REALTY COMMERCIAL REAL ESTATE NOTES 2021 FL4 | CUSIP: 03880RAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1580000 | PA      | $1579281.26   | 0.15%             | 2036-11-15      | Floating      | 5.77%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31416BM70<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     29672 | PA      | $30638.11     | 0.00%             | 2037-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST                                      | TOWD POINT MORTGAGE TRUST 2024 CES1                | CUSIP: 89183CAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2329218 | PA      | $2342376.33   | 0.22%             | 2064-01-25      | Variable      | 5.85%                 | Yes           |                  2 | On Loan: No      |
| FORTRESS CREDIT OPPORTUNITIES CLO LIMITED                      | FORTRESS CREDIT OPPORTUNITIES IX CLO LTD           | CUSIP: 34961JAY0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    963961 | PA      | $965489.48    | 0.09%             | 2033-10-15      | Floating      | 5.48%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 31396RS81<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      8781 | PA      | $8744.22      | 0.00%             | 2036-06-15      | Floating      | 4.19%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2025 R06       | CUSIP: 20754YAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    948506 | PA      | $950694.36    | 0.09%             | 2045-09-25      | Floating      | 4.62%                 | Yes           |                  2 | On Loan: No      |
| VELOCITY COMMERCIAL CAPITAL LOAN TRUST                         | VELOCITY COMMERCIAL CAPITAL LOAN TRUST 2024 6      | CUSIP: 92261BAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1712989 | PA      | $1743519.46   | 0.16%             | 2054-12-25      | Variable      | 5.81%                 | Yes           |                  2 | On Loan: No      |
| INDYMAC INDX MORTGAGE LOAN TRUST                               | INDYMAC INDX MORTGAGE LOAN TRUST                   | CUSIP: 45660NY25<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     15345 | PA      | $14524.24     | 0.00%             | 2034-10-25      | Variable      | 5.29%                 | No            |                  2 | On Loan: No      |
| MIDOCEAN CREDIT CLO                                            | MIDOCEAN CREDIT CLO XI LTD                         | CUSIP: 59801ABA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    710000 | PA      | $710891.05    | 0.07%             | 2036-01-18      | Floating      | 4.88%                 | Yes           |                  2 | On Loan: No      |
| VELOCITY COMMERCIAL CAPITAL LOAN TRUST                         | VELOCITY COMMERCIAL CAPITAL LOAN TRUST 2025 1      | CUSIP: 922955AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2211741 | PA      | $2263407.02   | 0.21%             | 2055-02-25      | Variable      | 6.03%                 | Yes           |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                           | JPMORGAN CHASE CO                                  | CUSIP: 46647PEA0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    500000 | PA      | $504466.02    | 0.05%             | 2028-01-23      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY, INC.                         | GENERAL MOTORS FINANCIAL CO INC                    | CUSIP: 37045XEQ5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   3150000 | PA      | $3199441.99   | 0.30%             | 2027-05-08      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP.                                              | LAMAR MEDIA CORP                                   | CUSIP: 513076BE8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    500000 | PA      | $501875.00    | 0.05%             | 2032-09-17      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QUV45<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2117370 | PA      | $2203370.59   | 0.21%             | 2054-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                    | FREDDIE MAC POOL                                   | CUSIP: 3133CTHR3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    145765 | PA      | $152157.50    | 0.01%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FREDDIE MAC STACR REMIC TRUST 2021 DNA7            | CUSIP: 35564KMA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     37460 | PA      | $37459.70     | 0.00%             | 2041-11-25      | Floating      | 4.52%                 | Yes           |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM LLC                                 | SOFI CONSUMER LOAN PROGRAM 2025 2 TRUST            | CUSIP: 83407HAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1180000 | PA      | $1208197.04   | 0.11%             | 2034-06-25      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| BNP PARIBAS SA                                                 | BNP PARIBAS SA                                     | CUSIP: 05565AAR4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   3000000 | PA      | $3000449.49   | 0.28%             | 2026-05-12      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31396XT53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5968 | PA      | $5981.15      | 0.00%             | 2037-12-25      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                        | HYUNDAI CAPITAL AMERICA                            | CUSIP: 44891ACB1<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   1460000 | PA      | $1461381.28   | 0.14%             | 2026-03-30      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Swedbank AB                                                    | SWEDBANK AB                                        | CUSIP: 87020PAX5<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |   1800000 | PA      | $1821371.17   | 0.17%             | 2026-09-12      | Fixed         | 6.14%                 | Yes           |                  2 | On Loan: No      |
| VISTA POINT SECURITIZATION TRUST                               | VISTA POINT SECURITIZATION TRUST 2020 2            | CUSIP: 92838TAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     69645 | PA      | $67993.80     | 0.01%             | 2065-04-25      | Variable      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| REACH ABS TRUST                                                | REACH ABS TRUST 2024 1                             | CUSIP: 75526PAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1683441 | PA      | $1693413.05   | 0.16%             | 2031-02-18      | Fixed         | 6.29%                 | Yes           |                  2 | On Loan: No      |
| MPLX LP                                                        | MPLX LP                                            | CUSIP: 55336VAK6<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1801072.76   | 0.17%             | 2027-03-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING                                 | AVIS BUDGET RENTAL CAR FUNDING AESOP LLC           | CUSIP: 05377RJS4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1010000 | PA      | $1038647.03   | 0.10%             | 2029-06-20      | Fixed         | 7.31%                 | Yes           |                  2 | On Loan: No      |
| MERRILL LYNCH MORTGAGE TRUST                                   | MERRILL LYNCH MORTGAGE INVESTORS TRUST SERIES MLCC | CUSIP: 5899295X2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       456 | PA      | $453.07       | 0.00%             | 2029-01-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| ARIVO ACCEPTANCE AUTO LOAN RECEIVABLES TRUST                   | ARIVO ACCEPTANCE AUTO LOAN RECEIVABLES TRUST 2022  | CUSIP: 04047JAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    525000 | PA      | $549259.15    | 0.05%             | 2029-03-15      | Fixed         | 9.84%                 | Yes           |                  2 | On Loan: No      |
| BSPRT ISSUER, LTD.                                             | BSPRT 2024 FL11 ISSUER LLC                         | CUSIP: 05613RAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1630000 | PA      | $1637132.88   | 0.15%             | 2039-07-15      | Floating      | 5.36%                 | Yes           |                  2 | On Loan: No      |
| GOLDMAN SACHS BANK USA                                         | GOLDMAN SACHS BANK USA NEW YORK NY                 | CUSIP: 38151LAF7<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1650935.22   | 0.15%             | 2027-03-18      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| BRSP                                                           | BRSP 2026 FL3 LTD                                  | CUSIP: 116686AE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1400000 | PA      | $1401738.10   | 0.13%             | 2043-08-19      | Floating      | 5.65%                 | Yes           |                  2 | On Loan: No      |
| FREMF MORTGAGE TRUST                                           | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 30296TAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    495017 | PA      | $517080.84    | 0.05%             | 2026-04-30      | Floating      | 5.73%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                       | 10 YEAR US TREASURY NOTE FUTURE JUN26              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -40 | NC      | $-29477.80    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST                             | TRICOLOR AUTO SECURITIZATION TRUST 2024 3          | CUSIP: 89617AAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $418200.00    | 0.04%             | 2029-04-16      | Fixed         | 6.34%                 | Yes           |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST                                 | PAGAYA AI DEBT TRUST 2024 2                        | CUSIP: 694961AG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    617233 | PA      | $617682.06    | 0.06%             | 2031-08-15      | Floating      | 6.78%                 | Yes           |                  2 | On Loan: No      |
| VISTRA OPERATIONS COMPANY LLC                                  | VISTRA OPERATIONS CO LLC                           | CUSIP: 92840VAG7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   4935000 | PA      | $4912200.30   | 0.46%             | 2027-01-30      | Fixed         | 3.70%                 | Yes           |                  2 | On Loan: No      |
| PRESTIGE AUTO RECEIVABLES TRUST                                | PRESTIGE AUTO RECEIVABLES TRUST 2021 1             | CUSIP: 74113XAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1350000 | PA      | $1330592.81   | 0.12%             | 2029-03-15      | Fixed         | 3.47%                 | Yes           |                  2 | On Loan: No      |
| HARVEST SBA LOAN TRUST                                         | HARVEST SBA LOAN TRUST 2023 1                      | CUSIP: 41757BAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    356263 | PA      | $368260.85    | 0.03%             | 2050-10-25      | Floating      | 6.92%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3133TTEV9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       710 | PA      | $710.07       | 0.00%             | 2027-04-15      | Floating      | 4.32%                 | No            |                  2 | On Loan: No      |
| VEROS AUTO RECEIVABLES TRUST                                   | VEROS AUTO RECEIVABLES TRUST 2024 1                | CUSIP: 92512WAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2620000 | PA      | $2696851.67   | 0.25%             | 2028-12-15      | Fixed         | 7.57%                 | Yes           |                  2 | On Loan: No      |
| RVR DEALERSHIP HOLDINGS, LLC                                   | RVR DEALERSHIP HOLDINGS LLC                        | CUSIP: 75001CAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    238930 | PA      | $238855.78    | 0.02%             | 2028-02-08      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| ING Groep N.V.                                                 | ING GROEP NV                                       | CUSIP: 456837BF9<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   2500000 | PA      | $2527065.40   | 0.24%             | 2027-09-11      | Fixed         | 6.08%                 | No            |                  2 | On Loan: No      |
| CERBERUS LOAN FUNDING L.P.                                     | CERBERUS LOAN FUNDING XLIX LLC                     | CUSIP: 15675LAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2250000 | PA      | $2251784.25   | 0.21%             | 2034-01-15      | Floating      | 5.02%                 | Yes           |                  2 | On Loan: No      |
| CROSSROADS ASSET TRUST                                         | CROSSROADS ASSET TRUST 2024 A                      | CUSIP: 227927AD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2050000 | PA      | $2120643.00   | 0.20%             | 2030-08-20      | Fixed         | 6.52%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FREDDIE MAC STACR REMIC TRUST 2024 DNA3            | CUSIP: 35564NEY5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    935750 | PA      | $938152.35    | 0.09%             | 2044-10-25      | Floating      | 4.72%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 31398LMJ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     34201 | PA      | $34364.46     | 0.00%             | 2039-12-15      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST                 | FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST 202 | CUSIP: 34660DAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1004997.90   | 0.09%             | 2029-10-15      | Fixed         | 7.09%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2020 R02       | CUSIP: 20754WAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    920000 | PA      | $934251.63    | 0.09%             | 2040-01-25      | Floating      | 6.78%                 | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                                   | BX COMMERCIAL MORTGAGE TRUST 2024 SLCT             | CUSIP: 12433JAQ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    890000 | PA      | $893512.56    | 0.08%             | 2042-01-15      | Floating      | 7.05%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST                | FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST SE | CUSIP: 35563PJQ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1132542 | PA      | $1121037.74   | 0.10%             | 2058-07-25      | Variable      | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31359VU27<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5303 | PA      | $5394.81      | 0.00%             | 2029-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN LIFE GLOBAL FUNDING I                             | METROPOLITAN LIFE GLOBAL FUNDING I                 | CUSIP: 59217GEZ8<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |   1040000 | PA      | $1016690.42   | 0.09%             | 2029-03-21      | Fixed         | 3.30%                 | Yes           |                  2 | On Loan: No      |
| HUNTINGTON BANK AUTO CREDIT-LINKED NOTES                       | HUNTINGTON BANK AUTO CREDIT LINKED NOTES SERIES 20 | CUSIP: 44644NAQ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2397383 | PA      | $2404814.48   | 0.22%             | 2033-09-20      | Floating      | 6.01%                 | Yes           |                  2 | On Loan: No      |
| VFI ABS LLC                                                    | VFI ABS 2025 1 LLC                                 | CUSIP: 91824UAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1375000 | PA      | $1392912.95   | 0.13%             | 2031-04-24      | Fixed         | 5.60%                 | Yes           |                  2 | On Loan: No      |
| REGATTA FUNDING LTD                                            | REGATTA IX FUNDING LTD                             | CUSIP: 75887VAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     71429 | PA      | $71408.86     | 0.01%             | 2037-04-17      | Floating      | 4.72%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FREDDIE MAC STACR REMIC TRUST 2024 HQA2            | CUSIP: 35564NEC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1220000 | PA      | $1226093.90   | 0.11%             | 2044-08-25      | Floating      | 5.47%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FREDDIE MAC STACR REMIC TRUST 2023 HQA2            | CUSIP: 35564K2F5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     73867 | PA      | $73957.88     | 0.01%             | 2043-06-25      | Floating      | 5.67%                 | Yes           |                  2 | On Loan: No      |
| CHASE FUNDING MORTGAGE LOAN ASSET-BACKED CERTIFICATES          | CHASE FUNDING TRUST SERIES 2003 3                  | CUSIP: 161546FM3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     18069 | PA      | $18028.09     | 0.00%             | 2033-04-25      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST                | FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST SE | CUSIP: 35563PAT6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1479538 | PA      | $1446894.47   | 0.13%             | 2056-01-25      | Variable      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING                                 | AVIS BUDGET RENTAL CAR FUNDING AESOP LLC           | CUSIP: 05377RFX7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    414333 | PA      | $415073.88    | 0.04%             | 2027-04-20      | Fixed         | 6.24%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 31397CM97<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      8421 | PA      | $8360.73      | 0.00%             | 2036-11-15      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| RADNOR RE/ESSENT                                               | RADNOR RE 2021 1 LTD                               | CUSIP: 75279YAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    307471 | PA      | $309180.21    | 0.03%             | 2033-12-27      | Floating      | 6.82%                 | Yes           |                  2 | On Loan: No      |
| HYUNDAI CAPITAL SERVICES, INC.                                 | HYUNDAI CAPITAL SERVICES INC                       | CUSIP: 44920UAU2<br>LEI: 549300MALMDAGL2ZJJ27 | Long             | DBT              | CORP              | KR        |    550000 | PA      | $555342.87    | 0.05%             | 2027-02-05      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2022 R02       | CUSIP: 20754BAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2721377 | PA      | $2763872.66   | 0.26%             | 2042-01-25      | Floating      | 6.67%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST                        | SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2026 HB1   | CUSIP: 795939AH0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2630000 | PA      | $2629992.11   | 0.25%             | 2056-04-25      | Floating      | 5.81%                 | Yes           |                  2 | On Loan: No      |
| CHNGE MORTGAGE TRUST                                           | CHNGE MORTGAGE TRUST 2022 1                        | CUSIP: 17030JAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    549953 | PA      | $538473.48    | 0.05%             | 2067-01-25      | Variable      | 3.01%                 | Yes           |                  2 | On Loan: No      |
| TARGA RESOURCES CORP.                                          | TARGA RESOURCES CORP                               | CUSIP: 87613LC23<br>LEI: 5493003QENHHS261UR94 | Long             | STIV             | CORP              | US        |   6000000 | PA      | $5998071.00   | 0.56%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST                                 | CARVANA AUTO RECEIVABLES TRUST 2023 N4             | CUSIP: 14688LAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2110000 | PA      | $2168014.45   | 0.20%             | 2030-02-11      | Fixed         | 6.59%                 | Yes           |                  2 | On Loan: No      |
| OCTANE RECEIVABLES TRUST                                       | OCTANE RECEIVABLES TRUST 2024 RVM1                 | CUSIP: 67579FAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1410000 | PA      | $1437568.46   | 0.13%             | 2046-01-22      | Fixed         | 5.27%                 | Yes           |                  2 | On Loan: No      |
| THOPAS RE 2021 12 31 26                                        | THOPAS RE 2021 12 31 26                            | CUSIP: S00265550<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    250000 | PA      | $3675.00      | 0.00%             | 2026-12-31      | None          | 0.00%                 | Yes           |                  3 | On Loan: No      |
| BARCLAYS PLC                                                   | BARCLAYS PLC                                       | CUSIP: 06738ECJ2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | RF                | GB        |   1600000 | PA      | $1620439.50   | 0.15%             | 2027-09-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2023 R03       | CUSIP: 20753ACJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    234916 | PA      | $237272.48    | 0.02%             | 2043-04-25      | Floating      | 6.17%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31410KDK7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3555 | PA      | $3758.14      | 0.00%             | 2038-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MF1 LTD                                                        | MF1 2024 FL15                                      | CUSIP: 58003MAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4911614 | PA      | $4921712.28   | 0.46%             | 2041-08-18      | Floating      | 5.35%                 | Yes           |                  2 | On Loan: No      |
| UPSTREAM NEWCO, INC.                                           | UPSTREAM NEWCO INC                                 | CUSIP: 91678HAJ1<br>LEI: 549300Q4K2W4R1EBTH48 | Long             | LON              | CORP              | US        |    239704 | PA      | $222125.93    | 0.02%             | 2029-11-20      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| Z CAPITAL CREDIT PARTNERS CLO LTD                              | Z CAPITAL CREDIT PARTNERS CLO 2021 1 LTD           | CUSIP: 98878FAW9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    990000 | PA      | $991265.22    | 0.09%             | 2033-07-15      | Floating      | 5.47%                 | Yes           |                  2 | On Loan: No      |
| ONEOK, INC.                                                    | ONEOK INC                                          | CUSIP: 682680CB7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4019133.40   | 0.37%             | 2027-09-24      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 31397KUH2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     42549 | PA      | $42573.06     | 0.00%             | 2037-10-15      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| TRICON AMERICAN HOMES TRUST                                    | TRICON AMERICAN HOMES 2019 SFR1 TRUST              | CUSIP: 89612LAF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2240000 | PA      | $2234329.89   | 0.21%             | 2038-03-17      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| AMUR EQUIPMENT FINANCE RECEIVABLES LLC                         | AMUR EQUIPMENT FINANCE RECEIVABLES XIV LLC         | CUSIP: 03238BAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1360000 | PA      | $1394837.90   | 0.13%             | 2031-10-20      | Fixed         | 5.97%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 31395LVP3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      5311 | PA      | $5294.24      | 0.00%             | 2035-01-15      | Floating      | 4.02%                 | No            |                  2 | On Loan: No      |
| SK hynix Inc.                                                  | SK HYNIX INC                                       | CUSIP: 78392BAE7<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |   3000000 | PA      | $3133134.36   | 0.29%             | 2028-01-17      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31392HT86<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3678 | PA      | $3675.11      | 0.00%             | 2033-02-25      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| CASCADE FUNDING MORTGAGE TRUST                                 | CASCADE FUNDING MORTGAGE TRUST                     | CUSIP: 12531BAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1440000 | PA      | $1382655.31   | 0.13%             | 2035-03-25      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| ACRES COMMERCIAL REALTY LTD                                    | ACRES 2025 FL3 LLC                                 | CUSIP: 00501DAP0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1910000 | PA      | $1914421.65   | 0.18%             | 2040-08-18      | Floating      | 5.29%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                       | U S TREASURY NOTE                                  | CUSIP: 91282CMH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  21000000 | PA      | $21108445.26  | 1.97%             | 2027-01-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital Designated Activity Company             | AERCAP IRELAND CAPITAL DAC AERCAP GLOBAL AVIATIO   | CUSIP: 00774MBT1<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |   3000000 | PA      | $3001569.03   | 0.28%             | 2029-02-28      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| TRICON RESIDENTIAL TRUST                                       | TRICON RESIDENTIAL 2025 SFR1 TRUST                 | CUSIP: 895974AD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    830000 | PA      | $831555.67    | 0.08%             | 2042-03-17      | Floating      | 5.67%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE CORPORATION                             | AMERICAN HONDA FINANCE CORP                        | CUSIP: 02665WFT3<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2524143.53   | 0.24%             | 2027-10-22      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE, LLC                       | VOLKSWAGEN GROUP OF AMERICA FINANCE LLC            | CUSIP: 928668CK6<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   1815000 | PA      | $1820890.96   | 0.17%             | 2026-08-14      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST         | J P MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES T  | CUSIP: 46593JAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1147000 | PA      | $1152688.32   | 0.11%             | 2039-10-05      | Variable      | 5.80%                 | Yes           |                  2 | On Loan: No      |
| VISIO TRUST                                                    | VISIO 2019 2 TRUST                                 | CUSIP: 92837DAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1974912.80   | 0.18%             | 2054-11-25      | Fixed         | 3.26%                 | Yes           |                  2 | On Loan: No      |
| REGIONAL MANAGEMENT ISSUANCE TRUST                             | REGIONAL MANAGEMENT ISSUANCE TRUST 2024 2          | CUSIP: 75907AAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1850000 | PA      | $1865286.92   | 0.17%             | 2033-12-15      | Fixed         | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QUSF4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1474164 | PA      | $1530470.74   | 0.14%             | 2054-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                    | FREDDIE MAC POOL                                   | CUSIP: 3133CVBG8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1286520 | PA      | $1322814.37   | 0.12%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST                                 | PAGAYA AI DEBT TRUST 2024 2                        | CUSIP: 694961AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    111193 | PA      | $111297.58    | 0.01%             | 2031-08-15      | Fixed         | 6.32%                 | Yes           |                  2 | On Loan: No      |
| SOUND POINT CLO                                                | SOUND POINT CLO XVI LTD                            | CUSIP: 83610KAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $500335.00    | 0.05%             | 2030-07-25      | Floating      | 7.53%                 | Yes           |                  2 | On Loan: No      |
| GLS AUTO SELECT RECEIVABLES TRUST                              | GLS AUTO SELECT RECEIVABLES TRUST 2023 2           | CUSIP: 36269EAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1429000 | PA      | $1495553.25   | 0.14%             | 2030-01-15      | Fixed         | 7.31%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140AQZV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1668578 | PA      | $1716333.38   | 0.16%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS SHORT DURATION                          | GOLUB CAPITAL PARTNERS SHORT DURATION 2022 1       | CUSIP: 38179FAU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2122530 | PA      | $2124973.03   | 0.20%             | 2033-07-25      | Floating      | 5.67%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F052631<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6000000 | PA      | $6096196.74   | 0.57%             | 2056-03-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| IMPERIAL FUND MORTGAGE TRUST                                   | IMPERIAL FUND MORTGAGE TRUST 2021 NQM2             | CUSIP: 452761AD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $305121.24    | 0.03%             | 2056-09-25      | Variable      | 2.49%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 31339WXS0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     15201 | PA      | $15376.44     | 0.00%             | 2032-03-15      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2                     | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 21H062636<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   3200000 | PA      | $3326832.48   | 0.31%             | 2056-03-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DSC67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      5879 | PA      | $6052.52      | 0.00%             | 2044-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137A6NJ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     30582 | PA      | $30509.76     | 0.00%             | 2041-02-15      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31397LF53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     18406 | PA      | $18643.21     | 0.00%             | 2038-07-25      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| MF1 LTD                                                        | MF1 2021 FL7 LTD                                   | CUSIP: 55284AAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    554118 | PA      | $553995.34    | 0.05%             | 2036-10-16      | Floating      | 4.86%                 | Yes           |                  2 | On Loan: No      |
| HUNTINGTON BANK AUTO CREDIT-LINKED NOTES                       | HUNTINGTON BANK AUTO CREDIT LINKED NOTES SERIES 20 | CUSIP: 44644NAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    158862 | PA      | $160414.09    | 0.01%             | 2032-05-20      | Floating      | 6.81%                 | Yes           |                  2 | On Loan: No      |
| HYT COMMERCIAL MORTGAGE TRUST                                  | HYT COMMERCIAL MORTGAGE TRUST 2024 RGCY            | CUSIP: 449173AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1150000 | PA      | $1151049.84   | 0.11%             | 2041-09-15      | Floating      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| UNITED AUTO CREDIT SECURITIZATION TRUST                        | UNITED AUTO CREDIT SECURITIZATION TRUST 2024 1     | CUSIP: 90945DAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    850000 | PA      | $864156.24    | 0.08%             | 2029-11-12      | Fixed         | 8.30%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FREDDIE MAC STACR REMIC TRUST 2022 DNA3            | CUSIP: 35564KVE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1553546.10   | 0.14%             | 2042-04-25      | Floating      | 8.02%                 | Yes           |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST                                            | RCKT TRUST 2025 PL1                                | CUSIP: 74939RAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3180000 | PA      | $3225706.14   | 0.30%             | 2034-07-25      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FREDDIE MAC POOL                                   | CUSIP: 3133CXY79<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    515188 | PA      | $539623.55    | 0.05%             | 2054-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST                   | AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST 2024  | CUSIP: 02490BAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2041558.20   | 0.19%             | 2030-07-12      | Fixed         | 6.04%                 | Yes           |                  2 | On Loan: No      |
| BLUE OWL ASSET LEASING TRUST                                   | BLUE OWL ASSET LEASING TRUST 2024 1 LLC            | CUSIP: 095921AE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1080000 | PA      | $1101914.50   | 0.10%             | 2031-12-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| ALLY BANK AUTO CREDIT-LINKED NOTES                             | ALLY BANK AUTO CREDIT LINKED NOTES SERIES 2025 A   | CUSIP: 02007G5H2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2149420 | PA      | $2164165.84   | 0.20%             | 2033-06-15      | Fixed         | 6.07%                 | Yes           |                  2 | On Loan: No      |
| THOPAS RE 2020 12 31 26                                        | THOPAS RE 2020 12 31 26                            | CUSIP: S00171925<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    500000 | PA      | $2250.00      | 0.00%             | 2026-12-31      | None          | 0.00%                 | Yes           |                  3 | On Loan: No      |
| BWAY MORTGAGE TRUST                                            | BWAY 2013 1515 MORTGAGE TRUST                      | CUSIP: 05604FAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4735000 | PA      | $4495442.62   | 0.42%             | 2033-03-10      | Fixed         | 3.47%                 | Yes           |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                              | NATWEST GROUP PLC                                  | CUSIP: 639057AM0<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $1006223.14   | 0.09%             | 2028-03-01      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST                                   | PAGAYA AI DEBT GRANTOR TRUST 2024 10               | CUSIP: 69544MAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2742277 | PA      | $2758179.64   | 0.26%             | 2032-06-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST                            | EXETER AUTOMOBILE RECEIVABLES TRUST 2024 4         | CUSIP: 30166UAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1520000 | PA      | $1600655.30   | 0.15%             | 2032-02-17      | Fixed         | 7.65%                 | Yes           |                  2 | On Loan: No      |
| AMUR EQUIPMENT FINANCE RECEIVABLES LLC                         | AMUR EQUIPMENT FINANCE RECEIVABLES XII LLC         | CUSIP: 03236YAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    650000 | PA      | $674189.56    | 0.06%             | 2030-07-22      | Fixed         | 7.48%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2024 R01       | CUSIP: 20753UAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    170388 | PA      | $170440.55    | 0.02%             | 2044-01-25      | Floating      | 4.72%                 | Yes           |                  2 | On Loan: No      |
| GLS AUTO SELECT RECEIVABLES TRUST                              | GLS AUTO SELECT RECEIVABLES TRUST 2023 1           | CUSIP: 36267FAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1089000 | PA      | $1120946.90   | 0.10%             | 2029-08-15      | Fixed         | 6.41%                 | Yes           |                  2 | On Loan: No      |
| Truist Financial Corporation                                   | TRUIST FINANCIAL CORP                              | CUSIP: 89788MAN2<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   2800000 | PA      | $2813990.12   | 0.26%             | 2027-06-08      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY RESOURCES CORP.                             | CENTERPOINT ENERGY RESOU                           | CUSIP: 15200LC23<br>LEI: 2JADVB0458J06WCD4N56 | Long             | STIV             | CORP              | US        |   5700000 | PA      | $5698229.01   | 0.53%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Healthcare Realty Holdings, L.P.                               | HEALTHCARE REALTY HOLDINGS LP                      | CUSIP: 42225UAD6<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1693117.07   | 0.16%             | 2026-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| THPT MORTGAGE TRUST                                            | THPT 2023 THL MORTGAGE TRUST                       | CUSIP: 87252LAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $712348.84    | 0.07%             | 2034-12-10      | Variable      | 7.67%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140ASN87<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    602450 | PA      | $619681.64    | 0.06%             | 2054-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON AUTO TRUST                                          | HUNTINGTON BANK AUTO CREDIT LINKED NOTES SERIES 20 | CUSIP: 44644NAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    380019 | PA      | $382216.62    | 0.04%             | 2032-10-20      | Floating      | 6.26%                 | Yes           |                  2 | On Loan: No      |
| ASCENT CAREER FUNDING TRUST                                    | ASCENT CAREER FUNDING TRUST 2024 1                 | CUSIP: 04363LAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    998593 | PA      | $1005195.91   | 0.09%             | 2032-10-25      | Fixed         | 6.77%                 | Yes           |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                                     | JP MORGAN MORTGAGE TRUST 2023 HE2                  | CUSIP: 46657FAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    638907 | PA      | $641077.67    | 0.06%             | 2054-03-20      | Floating      | 5.40%                 | Yes           |                  2 | On Loan: No      |
| A&D MORTGAGE TRUST                                             | A D MORTGAGE TRUST 2024 NQM3                       | CUSIP: 00039HAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1428438 | PA      | $1452192.35   | 0.14%             | 2069-07-25      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F050635<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5900000 | PA      | $5926464.10   | 0.55%             | 2056-03-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL PLC                                     | ANGLO AMERICAN CAPITAL PLC                         | CUSIP: 034863AR1<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |   1303000 | PA      | $1313327.90   | 0.12%             | 2027-04-10      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                          | ATHENE GLOBAL FUNDING                              | CUSIP: 04685A4E8<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3625774.70   | 0.34%             | 2027-01-07      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC.                                          | WEC ENERGY GROUP INC                               | CUSIP: 92939UAM8<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |    869000 | PA      | $875323.35    | 0.08%             | 2026-09-12      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| SOTERA HEALTH HOLDINGS, LLC                                    | SOTERA HEALTH HOLDINGS LLC                         | CUSIP: 83600VAH4<br>LEI: 549300OVT7MBXFLOFU20 | Long             | LON              | CORP              | US        |    235113 | PA      | $235774.32    | 0.02%             | 2031-05-30      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                    | FREDDIE MAC STRIPS                                 | CUSIP: 3128HWJT5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     11139 | PA      | $11077.89     | 0.00%             | 2036-12-15      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| DEXT ABS LLC                                                   | DEXT ABS 2023 2 LLC                                | CUSIP: 25216CAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     91496 | PA      | $91835.39     | 0.01%             | 2034-05-15      | Fixed         | 6.56%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 35564UBQ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1295750 | PA      | $1296866.55   | 0.12%             | 2045-10-25      | Floating      | 4.57%                 | Yes           |                  2 | On Loan: No      |
| LUMENT COMMERCIAL TRUST                                        | LMNT CRE 2025 FL3 LLC                              | CUSIP: 50208TAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3020000 | PA      | $3032280.53   | 0.28%             | 2043-07-21      | Floating      | 5.57%                 | Yes           |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST                                 | PAGAYA AI DEBT TRUST 2024 3                        | CUSIP: 69547XAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1012051 | PA      | $1013003.19   | 0.09%             | 2031-10-15      | Fixed         | 6.57%                 | Yes           |                  2 | On Loan: No      |
| ELLINGTON CLO LTD                                              | ELLINGTON CLO III LTD                              | CUSIP: 28852LAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    553783 | PA      | $553336.70    | 0.05%             | 2030-07-20      | Floating      | 6.18%                 | Yes           |                  2 | On Loan: No      |
| MISSION LANE CREDIT CARD MASTER TRUST                          | MISSION LANE CREDIT CARD MASTER TRUST              | CUSIP: 60510MBE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1900000 | PA      | $1909059.39   | 0.18%             | 2030-01-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F062630<br>LEI: B1V7KEBTPIMZEU4LTD58 | Short            | ABS-MBS          | USGSE             | US        | -15750000 | PA      | $-16358084.19 | -1.52%            | 2056-03-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORPORATION                                          | AIR LEASE CORP                                     | CUSIP: 00914AAB8<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1598218.29   | 0.15%             | 2026-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| REGIONAL MANAGEMENT ISSUANCE TRUST                             | REGIONAL MANAGEMENT ISSUANCE TRUST 2024 2          | CUSIP: 75907AAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $1260749.88   | 0.12%             | 2033-12-15      | Fixed         | 5.74%                 | Yes           |                  2 | On Loan: No      |
| BHG SECURITIZATION TRUST                                       | BHG SECURITIZATION TRUST 2024 1CON                 | CUSIP: 08862HAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    580142 | PA      | $594476.05    | 0.06%             | 2035-04-17      | Fixed         | 6.86%                 | Yes           |                  2 | On Loan: No      |
| VELOCITY COMMERCIAL CAPITAL LOAN TRUST                         | VELOCITY COMMERCIAL CAPITAL LOAN TRUST 2023 1      | CUSIP: 92259VAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    338108 | PA      | $343760.75    | 0.03%             | 2053-01-25      | Variable      | 6.47%                 | Yes           |                  2 | On Loan: No      |
| GRACIE POINT INTERNATIONAL FUNDING                             | GRACIE POINT INTERNATIONAL FUNDING 2024 1 LLC      | CUSIP: 38410KAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1027000 | PA      | $1027031.22   | 0.10%             | 2028-03-01      | Floating      | 7.24%                 | Yes           |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                             | ENERGY TRANSFER LP                                 | CUSIP: 29273VAR1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2127977.96   | 0.20%             | 2026-12-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| CP EF ASSET SECURITIZATION I, LLC                              | CP EF ASSET SECURITIZATION II LLC                  | CUSIP: 224092AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    106338 | PA      | $106983.80    | 0.01%             | 2032-03-15      | Fixed         | 7.48%                 | Yes           |                  2 | On Loan: No      |
| PRESTIGE AUTO RECEIVABLES TRUST                                | PRESTIGE AUTO RECEIVABLES TRUST 2023 1             | CUSIP: 74113GAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2475339.50   | 0.23%             | 2030-05-15      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST                          | WELLS FARGO COMMERCIAL MORTGAGE TRUST 2026 1250B   | CUSIP: 949939AG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    170000 | PA      | $170509.76    | 0.02%             | 2041-03-10      | Variable      | 6.59%                 | Yes           |                  2 | On Loan: No      |
| OWENS CORNING                                                  | OWENS CORNING                                      | CUSIP: 690742AF8<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1793929.43   | 0.17%             | 2026-08-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| PURCHASING POWER FUNDING LLC                                   | PURCHASING POWER FUNDING 2026 A LLC                | CUSIP: 74614AAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1080000 | PA      | $1081401.62   | 0.10%             | 2030-08-15      | Fixed         | 5.40%                 | Yes           |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST                                   | PAGAYA AI DEBT GRANTOR TRUST 2025 1                | CUSIP: 69544NAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    993456 | PA      | $999126.25    | 0.09%             | 2032-07-15      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FREDDIE MAC POOL                                   | CUSIP: 3133WDKC5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2039235 | PA      | $2144673.42   | 0.20%             | 2054-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31396XNY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     29052 | PA      | $29082.55     | 0.00%             | 2037-09-25      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| GLS AUTO SELECT RECEIVABLES TRUST                              | GLS AUTO SELECT RECEIVABLES TRUST 2024 1           | CUSIP: 37988XAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1300000 | PA      | $1358323.59   | 0.13%             | 2031-01-15      | Fixed         | 6.43%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31397MXL6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     17655 | PA      | $18046.92     | 0.00%             | 2038-10-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.                           | MITSUBISHI UFJ FINANCIAL GROUP INC                 | CUSIP: 606822CL6<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |   2800000 | PA      | $2841707.74   | 0.26%             | 2028-07-20      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| CENTERSTONE SBA TRUST                                          | CENTERSTONE SBA TRUST 2023 1                       | CUSIP: 15202XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    512486 | PA      | $512485.00    | 0.05%             | 2050-12-27      | Floating      | 7.82%                 | Yes           |                  2 | On Loan: No      |
| LENDBUZZ SECURITIZATION TRUST                                  | LENDBUZZ SECURITIZATION TRUST 2023 3               | CUSIP: 525931AB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    302384 | PA      | $307917.08    | 0.03%             | 2028-12-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| BAYVIEW OPPORTUNITY MASTER FUND TRUST                          | BAYVIEW OPPORTUNITY MASTER FUND VII 2024 CAR1 LLC  | CUSIP: 07336QAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    612152 | PA      | $614592.98    | 0.06%             | 2031-12-26      | Floating      | 4.97%                 | Yes           |                  2 | On Loan: No      |
| Nomura Holdings, Inc.                                          | NOMURA HOLDINGS INC                                | CUSIP: 65535HBR9<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |   3300000 | PA      | $3367011.45   | 0.31%             | 2027-07-02      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| United States of America                                       | 5 YEAR US TREASURY NOTE FUTURE JUN26               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      -113 | NC      | $-56773.46    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                        | HYUNDAI CAPITAL AMERICA                            | CUSIP: 44891ADF1<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1607184.56   | 0.15%             | 2027-09-24      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| VIRGIN MEDIA BRISTOL LLC                                       | VIRGIN MEDIA BRISTOL LLC                           | CUSIP: G9368PBH6<br>LEI: 213800IQ982XX69LE276 | Long             | LON              | CORP              | US        |    235662 | PA      | $221522.28    | 0.02%             | 2031-03-31      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST                            | GS MORTGAGE BACKED SECURITIES TRUST 2025 HE2       | CUSIP: 362934AB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2532225.25   | 0.24%             | 2065-12-25      | Floating      | 5.57%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP INC.                                                 | CITIGROUP INC                                      | CUSIP: 172967PZ8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   3195000 | PA      | $3217231.70   | 0.30%             | 2028-05-07      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| CNO GLOBAL FUNDING                                             | CNO GLOBAL FUNDING                                 | CUSIP: 18977W2H2<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2603886.56   | 0.24%             | 2028-09-08      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| AREIT LTD.                                                     | AREIT 2025 CRE10 LTD                               | CUSIP: 00193DAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6020000 | PA      | $6029475.48   | 0.56%             | 2029-12-17      | Floating      | 5.04%                 | Yes           |                  2 | On Loan: No      |
| THE PNC FINANCIAL SERVICES GROUP, INC.                         | PNC FINANCIAL SERVICES GROUP INC THE               | CUSIP: 693475BY0<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   3700000 | PA      | $3715853.76   | 0.35%             | 2027-07-23      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31295MYW4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       651 | PA      | $666.14       | 0.00%             | 2031-11-01      | Floating      | 6.24%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                    | FREDDIE MAC POOL                                   | CUSIP: 3133CVA87<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    470317 | PA      | $490716.53    | 0.05%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PFP LTD                                                        | PFP 2024 11 LTD                                    | CUSIP: 69291WAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    187588 | PA      | $187942.92    | 0.02%             | 2039-09-17      | Floating      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| VERDANT RECEIVABLES LLC                                        | VERDANT RECEIVABLES 2023 1 LLC                     | CUSIP: 92339GAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    356287 | PA      | $362182.99    | 0.03%             | 2031-01-13      | Fixed         | 6.24%                 | Yes           |                  2 | On Loan: No      |
| CITICORP MORTGAGE SECURITIES INCORPORATED                      | CITICORP MORTGAGE SECURITIES REMIC PASS THROUGH CE | CUSIP: 172973W88<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |         0 | PA      | $0.17         | 0.00%             | 2020-07-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PEAC SOLUTIONS RECEIVABLES                                     | PEAC SOLUTIONS RECEIVABLES 2024 2 LLC              | CUSIP: 69392BAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3110000 | PA      | $3144039.88   | 0.29%             | 2031-10-20      | Fixed         | 5.37%                 | Yes           |                  2 | On Loan: No      |
| LOANCORE ISSUER LTD                                            | LOANCORE 2025 2025 CRE8 ISSUER LLC                 | CUSIP: 53947FAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    890000 | PA      | $890113.92    | 0.08%             | 2042-08-17      | Floating      | 5.04%                 | Yes           |                  2 | On Loan: No      |
| NMEF FUNDING LLC                                               | NMEF FUNDING 2025 A LLC                            | CUSIP: 62919VAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2250000 | PA      | $2349485.10   | 0.22%             | 2032-07-15      | Fixed         | 8.07%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FREDDIE MAC POOL                                   | CUSIP: 3133CVEM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     76388 | PA      | $78759.65     | 0.01%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NMEF FUNDING LLC                                               | NMEF FUNDING 2024 A LLC                            | CUSIP: 62919UAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1550000 | PA      | $1598504.46   | 0.15%             | 2031-12-15      | Fixed         | 6.33%                 | Yes           |                  2 | On Loan: No      |
| BLACKBIRD CAPITAL AIRCRAFT LEASE SECURITIZATION LIMITED        | BLACKBIRD CAPITAL II AIRCRAFT LEASE LTD            | CUSIP: 09229CAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    406741 | PA      | $392389.94    | 0.04%             | 2046-07-15      | Fixed         | 3.45%                 | Yes           |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                             | T MOBILE USA INC                                   | CUSIP: 87264ABD6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2995253.43   | 0.28%             | 2027-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SCF EQUIPMENT LEASING LLC                                      | SCF EQUIPMENT LEASING 2024 1 LLC                   | CUSIP: 783896AF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    480000 | PA      | $506070.96    | 0.05%             | 2033-06-21      | Fixed         | 6.58%                 | Yes           |                  2 | On Loan: No      |
| WELLS FARGO BANK, NATIONAL ASSOCIATION                         | WELLS FARGO BANK NA                                | CUSIP: 94988J6F9<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | DBT              | CORP              | US        |    900000 | PA      | $909610.34    | 0.08%             | 2026-12-11      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FS RIALTO ISSUER, LTD.                                         | FS RIALTO 2021 FL3                                 | CUSIP: 30323CAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1086568 | PA      | $1084772.77   | 0.10%             | 2036-11-16      | Floating      | 5.02%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST                   | AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST 2023  | CUSIP: 02530CAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2830000 | PA      | $2998721.20   | 0.28%             | 2031-08-12      | Fixed         | 9.79%                 | Yes           |                  2 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST                         | SANTANDER DRIVE AUTO RECEIVABLES TRUST 2024 2      | CUSIP: 80286YAF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1120000 | PA      | $1162789.60   | 0.11%             | 2031-08-15      | Fixed         | 6.28%                 | No            |                  2 | On Loan: No      |
| CASCADE FUNDING MORTGAGE TRUST                                 | CFMT 2024 HB14 LLC                                 | CUSIP: 12530XAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    510000 | PA      | $495019.82    | 0.05%             | 2034-06-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| FHF TRUST                                                      | FHF TRUST 2023 1                                   | CUSIP: 30331GAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     79909 | PA      | $80281.89     | 0.01%             | 2028-06-15      | Fixed         | 6.57%                 | Yes           |                  2 | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST                             | TRICOLOR AUTO SECURITIZATION TRUST 2024 2          | CUSIP: 89616PAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $692400.00    | 0.06%             | 2028-02-15      | Fixed         | 6.57%                 | Yes           |                  2 | On Loan: No      |
| CASCADE FUNDING MORTGAGE TRUST                                 | CFMT 2023 H12 LLC                                  | CUSIP: 12530QAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $248749.35    | 0.02%             | 2033-04-25      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Citizens Bank, National Association                            | CITIZENS BANK NA PROVIDENCE RI                     | CUSIP: 75524KSA3<br>LEI: DRMSV1Q0EKMEXLAU1P80 | Long             | DBT              | CORP              | US        |   2320000 | PA      | $2323078.22   | 0.22%             | 2029-01-29      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2023 R02       | CUSIP: 20755AAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     55433 | PA      | $56820.87     | 0.01%             | 2043-01-25      | Floating      | 5.97%                 | Yes           |                  2 | On Loan: No      |
| FOUNDATION FINANCE TRUST                                       | FOUNDATION FINANCE TRUST 2024 1                    | CUSIP: 349941AB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    756582 | PA      | $781306.86    | 0.07%             | 2049-12-15      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNJV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1878965 | PA      | $1962786.09   | 0.18%             | 2053-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SETANTA AIRCRAFT LEASING DESIGNATED ACTIVITY COMPANY           | SETANTA AIRCRAFT LEASING DAC                       | CUSIP: G8057JAC0<br>LEI: N/A                  | Long             | LON              | CORP              | IE        |     94500 | PA      | $94992.16     | 0.01%             | 2028-11-06      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Sanders Re III Ltd.                                            | SANDERS RE III LTD                                 | CUSIP: 80000XAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    250000 | PA      | $250250.00    | 0.02%             | 2026-04-07      | Variable      | 7.44%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F032633<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4100000 | PA      | $3863349.85   | 0.36%             | 2056-03-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ARBOR REALTY COMMERCIAL REAL ESTATE NOTES LTD                  | ARBOR REALTY COMMERCIAL REAL ESTATE NOTES 2022 FL1 | CUSIP: 03880XAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    493092 | PA      | $493104.19    | 0.05%             | 2037-01-15      | Floating      | 5.11%                 | Yes           |                  2 | On Loan: No      |
| GLS AUTO RECEIVABLES TRUST                                     | GLS AUTO RECEIVABLES ISSUER TRUST 2025 2           | CUSIP: 37989BAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    790000 | PA      | $812952.90    | 0.08%             | 2031-01-15      | Fixed         | 5.59%                 | Yes           |                  2 | On Loan: No      |
| BANQUE NATIONALE DU CANADA                                     | NATIONAL BANK OF CANADA                            | CUSIP: 63307A3A1<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |   4100000 | PA      | $4121765.55   | 0.38%             | 2027-07-02      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST                                            | RKTL 2026 1                                        | CUSIP: 74990JAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    950000 | PA      | $951475.54    | 0.09%             | 2035-02-26      | Fixed         | 5.21%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                       | U S TREASURY BOND                                  | CUSIP: 912810FA1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7000000 | PA      | $7290664.08   | 0.68%             | 2027-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST                                                    | FIGRE TRUST 2024 HE2                               | CUSIP: 316927AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1150771 | PA      | $1183927.42   | 0.11%             | 2054-05-25      | Variable      | 6.38%                 | Yes           |                  2 | On Loan: No      |
| ALLY FINANCIAL INC.                                            | ALLY FINANCIAL INC                                 | CUSIP: 02005NBZ2<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   3130000 | PA      | $3213719.46   | 0.30%             | 2029-05-15      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INCORPORATED                              | MICROCHIP TECHNOLOGY INC                           | CUSIP: 595017BK9<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |   2450000 | PA      | $2490539.07   | 0.23%             | 2028-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 31396UR69<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     24338 | PA      | $24293.01     | 0.00%             | 2036-07-15      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31396KYS5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4743 | PA      | $4744.58      | 0.00%             | 2036-09-25      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| DELL EQUIPMENT FINANCE TRUST                                   | DELL EQUIPMENT FINANCE TRUST                       | CUSIP: 24704EAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $504512.50    | 0.05%             | 2031-02-24      | Fixed         | 5.29%                 | Yes           |                  2 | On Loan: No      |
| OXFORD FINANCE FUNDING TRUST                                   | OXFORD FINANCE FUNDING 2022 1 LLC                  | CUSIP: 69145BAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    908226 | PA      | $893432.45    | 0.08%             | 2030-02-15      | Fixed         | 4.10%                 | Yes           |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION                      | JPMORGAN CHASE BANK NA                             | CUSIP: 48125LRU8<br>LEI: 7H6GLXDRUGQFU57RNE97 | Long             | DBT              | CORP              | US        |   1130000 | PA      | $1140223.05   | 0.11%             | 2026-12-08      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| MISSION LANE CREDIT CARD MASTER TRUST                          | MISSION LANE CREDIT CARD MASTER TRUST              | CUSIP: 60510MBF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1240000 | PA      | $1247363.12   | 0.12%             | 2030-01-15      | Fixed         | 6.32%                 | Yes           |                  2 | On Loan: No      |
| FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST                 | FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST 202 | CUSIP: 35105AAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1030978.10   | 0.10%             | 2030-03-15      | Fixed         | 6.83%                 | Yes           |                  2 | On Loan: No      |
| GLS AUTO SELECT RECEIVABLES TRUST                              | GLS AUTO SELECT RECEIVABLES TRUST 2023 1           | CUSIP: 36267FAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1061356.00   | 0.10%             | 2030-07-15      | Fixed         | 7.93%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31395DVV8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     20636 | PA      | $20590.62     | 0.00%             | 2036-06-25      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| LENDBUZZ SECURITIZATION TRUST                                  | LENDBUZZ SECURITIZATION TRUST 2024 3               | CUSIP: 52609YAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1550000 | PA      | $1548277.33   | 0.14%             | 2030-11-15      | Fixed         | 5.03%                 | Yes           |                  2 | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST                             | TRICOLOR AUTO SECURITIZATION TRUST 2024 1          | CUSIP: 89616LAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3755000 | PA      | $1058910.00   | 0.10%             | 2028-04-17      | Fixed         | 8.61%                 | Yes           |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                        | HYUNDAI CAPITAL AMERICA                            | CUSIP: 44891ADB0<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1220169.91   | 0.11%             | 2027-06-24      | Fixed         | 5.28%                 | Yes           |                  2 | On Loan: No      |
| NBN CO LIMITED                                                 | NBN CO LTD                                         | CUSIP: 62878U2H4<br>LEI: 2549007CRZ2NT7S96A24 | Long             | DBT              | CORP              | AU        |   4200000 | PA      | $4209368.48   | 0.39%             | 2027-10-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| WASTE MANAGEMENT, INC.                                         | WASTE MANAGEMENT INC                               | CUSIP: 94106LCB3<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2943549.50   | 0.27%             | 2028-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GLS AUTO RECEIVABLES TRUST                                     | GLS AUTO RECEIVABLES ISSUER TRUST 2023 1           | CUSIP: 36266XAF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    710000 | PA      | $769821.69    | 0.07%             | 2030-03-15      | Fixed         | 11.42%                | Yes           |                  2 | On Loan: No      |
| HIH TRUST                                                      | HIH TRUST 2024 61P                                 | CUSIP: 40444VAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1620553 | PA      | $1624529.67   | 0.15%             | 2041-10-15      | Floating      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| COMM MORTGAGE TRUST                                            | COMM 2024 WCL1 MORTGAGE TRUST                      | CUSIP: 20047DAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2000619.60   | 0.19%             | 2041-06-15      | Floating      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| VISTA POINT SECURITIZATION TRUST                               | VISTA POINT SECURITIZATION TRUST 2024 CES1         | CUSIP: 92839HAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    660735 | PA      | $671151.73    | 0.06%             | 2054-05-25      | Fixed         | 6.68%                 | Yes           |                  2 | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST                             | TRICOLOR AUTO SECURITIZATION TRUST 2025 1          | CUSIP: 89617CAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2680000 | PA      | $536000.00    | 0.05%             | 2029-10-15      | Fixed         | 5.72%                 | Yes           |                  3 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST                        | SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2024 CES1  | CUSIP: 79581VAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1836091 | PA      | $1875409.95   | 0.17%             | 2054-03-25      | Fixed         | 6.31%                 | Yes           |                  2 | On Loan: No      |
| MCR MORTGAGE TRUST                                             | MCR 2024 HTL MORTGAGE TRUST                        | CUSIP: 55286PAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    991001 | PA      | $991310.87    | 0.09%             | 2037-02-15      | Floating      | 6.07%                 | Yes           |                  2 | On Loan: No      |
| ARIVO ACCEPTANCE AUTO LOAN RECEIVABLES TRUST                   | ARIVO ACCEPTANCE AUTO LOAN RECEIVABLES TRUST 2024  | CUSIP: 039943AB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1970000 | PA      | $2009548.74   | 0.19%             | 2030-06-17      | Fixed         | 6.87%                 | Yes           |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST                                   | PAGAYA AI DEBT GRANTOR TRUST 2024 11               | CUSIP: 69544AAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1108056 | PA      | $1113398.72   | 0.10%             | 2032-07-15      | Floating      | 5.39%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                                       | AMERICAN EXPRESS CO                                | CUSIP: 025816DV8<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3046882.86   | 0.28%             | 2028-07-26      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST                            | EXETER AUTOMOBILE RECEIVABLES TRUST 2022 1         | CUSIP: 30167JAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4060000 | PA      | $4045337.72   | 0.38%             | 2029-10-15      | Fixed         | 5.02%                 | Yes           |                  2 | On Loan: No      |
| LENDBUZZ SECURITIZATION TRUST                                  | LENDBUZZ SECURITIZATION TRUST 2024 2               | CUSIP: 525920AC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1529222.10   | 0.14%             | 2029-07-16      | Fixed         | 6.52%                 | Yes           |                  2 | On Loan: No      |
| PRESTIGE AUTO RECEIVABLES TRUST                                | PRESTIGE AUTO RECEIVABLES TRUST 2025 1             | CUSIP: 74113UAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2580000 | PA      | $2603728.26   | 0.24%             | 2030-02-15      | Fixed         | 5.52%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association 2                     | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 21H060630<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   3600000 | PA      | $3672214.42   | 0.34%             | 2056-03-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137AM3T2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     17423 | PA      | $17407.29     | 0.00%             | 2042-02-15      | Floating      | 4.32%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F030637<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4300000 | PA      | $3888008.79   | 0.36%             | 2056-03-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                    | FREDDIE MAC POOL                                   | CUSIP: 3133CVBA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    752052 | PA      | $785430.25    | 0.07%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES SERIES 2025 R01      | CUSIP: 20755JAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1120601 | PA      | $1121293.11   | 0.10%             | 2045-01-25      | Floating      | 4.77%                 | Yes           |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAPITAL LLC                                     | OUTFRONT MEDIA CAPITAL LLC                         | CUSIP: BL5229218<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    213557 | PA      | $214157.52    | 0.02%             | 2032-09-16      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| TRIANGLE RE LTD                                                | TRIANGLE RE 2023 1 LTD                             | CUSIP: 89589AAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    430393 | PA      | $433726.29    | 0.04%             | 2033-11-25      | Floating      | 7.07%                 | Yes           |                  2 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST                         | SANTANDER DRIVE AUTO RECEIVABLES TRUST 2024 4      | CUSIP: 802919AF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1980000 | PA      | $2021383.78   | 0.19%             | 2031-12-15      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137A96V3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     43253 | PA      | $43032.73     | 0.00%             | 2041-04-15      | Floating      | 4.19%                 | No            |                  2 | On Loan: No      |
| AMERICA'S CAR-MART TRUST                                       | ACM AUTO TRUST 2024 2                              | CUSIP: 00461WAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    107264 | PA      | $107319.13    | 0.01%             | 2029-02-20      | Fixed         | 6.06%                 | Yes           |                  2 | On Loan: No      |
| BAYVIEW COMMERCIAL ASSET TRUST 2007 2                          | BAYVIEW COMMERCIAL ASSET TRUST 2007 2              | CUSIP: 07325XAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    324288 | PA      | $0.00         | 0.00%             | 2037-07-25      | Variable      | 4.13%                 | No            |                  3 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST                            | GS MORTGAGE BACKED SECURITIES TRUST 2025 HE2       | CUSIP: 362934AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3254986 | PA      | $3280776.05   | 0.31%             | 2065-12-25      | Floating      | 5.22%                 | Yes           |                  2 | On Loan: No      |
| LG ENERGY SOLUTION, LTD.                                       | LG ENERGY SOLUTION LTD                             | CUSIP: 50205MAF6<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |   3200000 | PA      | $3263152.00   | 0.30%             | 2028-04-02      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31393BVE2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      9109 | PA      | $9110.25      | 0.00%             | 2033-05-25      | Floating      | 4.28%                 | No            |                  2 | On Loan: No      |
| REALPAGE, INC.                                                 | REALPAGE INC                                       | CUSIP: 75605VAD4<br>LEI: 5493001RSFZX4122A604 | Long             | LON              | CORP              | US        |    239375 | PA      | $221911.40    | 0.02%             | 2028-04-22      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| BHG SECURITIZATION TRUST                                       | BHG SECURITIZATION TRUST 2025 2CON                 | CUSIP: 05494LAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2420000 | PA      | $2491736.79   | 0.23%             | 2036-09-17      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31408YMG0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4954 | PA      | $5033.16      | 0.00%             | 2035-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FINANCIAL GROUP INC.                                 | JEFFERIES FINANCIAL GROUP INC                      | CUSIP: 47233WLT4<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1101076.45   | 0.10%             | 2027-02-11      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FUNDING LIMITED                                | AVOLON HOLDINGS FNDG LTD                           | CUSIP: 05401AAG6<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   3800000 | PA      | $3800235.52   | 0.35%             | 2026-05-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE CORPORATION                             | AMERICAN HONDA FINANCE CORP                        | CUSIP: 02665WFR7<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3002208.36   | 0.28%             | 2026-05-11      | Floating      | 4.22%                 | No            |                  2 | On Loan: No      |
| ACHM TRUST                                                     | ACHM MORTGAGE TRUST 2024 HE1                       | CUSIP: 00449TAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    732105 | PA      | $752914.35    | 0.07%             | 2039-05-25      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                       | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38378MSV8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     36410 | PA      | $35873.12     | 0.00%             | 2040-08-20      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| A&D MORTGAGE TRUST                                             | A D MORTGAGE TRUST 2023 NQM2                       | CUSIP: 00002DAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $501285.20    | 0.05%             | 2068-05-25      | Variable      | 8.28%                 | Yes           |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                    | BANK OF AMERICA CORP                               | CUSIP: 06051GLV9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    900000 | PA      | $909670.46    | 0.08%             | 2027-09-15      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2022 R09       | CUSIP: 20753DAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    157768 | PA      | $159448.90    | 0.01%             | 2042-09-25      | Floating      | 6.17%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                       | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36290TXY0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     24806 | PA      | $26131.74     | 0.00%             | 2036-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WESTGATE RESORTS LLC                                           | WESTGATE RESORTS 2023 1 LLC                        | CUSIP: 96033EAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    461640 | PA      | $471165.69    | 0.04%             | 2037-12-20      | Fixed         | 7.49%                 | Yes           |                  2 | On Loan: No      |
| LIFE SCIENCE LOANS, LLC                                        | LFS 2023A LLC                                      | CUSIP: 50205FAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    177523 | PA      | $177641.65    | 0.02%             | 2035-07-15      | Fixed         | 7.17%                 | Yes           |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST                                      | TOWD POINT MORTGAGE TRUST 2025 FIX2                | CUSIP: 89183RAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3361533 | PA      | $3396887.57   | 0.32%             | 2065-10-25      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| CONTINENTAL FINANCE CREDIT CARD ABS LLC                        | CONTINENTAL FINANCE CREDIT CARD ABS MASTER TRUST   | CUSIP: 66981PAH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    227428 | PA      | $227987.44    | 0.02%             | 2030-10-15      | Fixed         | 6.19%                 | Yes           |                  2 | On Loan: No      |
| BANQUE CANADIENNE IMPERIALE DE COMMERCE                        | CANADIAN IMPERIAL BANK OF COMMERCE                 | CUSIP: 13607L8C0<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   3300000 | PA      | $3360530.45   | 0.31%             | 2027-06-28      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| OCTANE RECEIVABLES TRUST                                       | OCTANE RECEIVABLES TRUST 2023 3                    | CUSIP: 67571CAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    965000 | PA      | $1004731.75   | 0.09%             | 2029-09-20      | Fixed         | 7.58%                 | Yes           |                  2 | On Loan: No      |
| PRM5 TRUST                                                     | PRM TRUST 2025 PRM6                                | CUSIP: 74277DAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $705299.84    | 0.07%             | 2033-07-05      | Variable      | 6.58%                 | Yes           |                  2 | On Loan: No      |
| DELOS AIRCRAFT LEASING DAC                                     | DELOS AIRCRAFT LEASING DAC                         | CUSIP: L2324EAF8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |         0 | PA      | $0.00         | 0.00%             | 2027-10-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                          | WELLS FARGO CO                                     | CUSIP: 95000U3M3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1390000 | PA      | $1398590.20   | 0.13%             | 2028-04-22      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| FIRST HELP FINANCIAL                                           | FHF ISSUER TRUST 2023 2                            | CUSIP: 30333LAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1662000 | PA      | $1710215.78   | 0.16%             | 2029-11-15      | Fixed         | 7.49%                 | Yes           |                  2 | On Loan: No      |
| FS RIALTO ISSUER, LTD.                                         | FS RIALTO ISSUER LTD                               | CUSIP: 30340KAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2250000 | PA      | $2254809.15   | 0.21%             | 2030-02-01      | Floating      | 5.05%                 | Yes           |                  2 | On Loan: No      |
| U S BANK NATIONAL ASSOCIATION                                  | US BANK NA                                         | CUSIP: 90357PBG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1107048 | PA      | $1116223.52   | 0.10%             | 2032-02-25      | Floating      | 6.37%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FREDDIE MAC POOL                                   | CUSIP: 3133CVA95<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    594773 | PA      | $621722.37    | 0.06%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LIMITED                                         | MACQUARIE BANK LTD                                 | CUSIP: 55608PBQ6<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |   1340000 | PA      | $1356840.84   | 0.13%             | 2026-12-07      | Fixed         | 5.39%                 | Yes           |                  2 | On Loan: No      |
| J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST         | J P MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES T  | CUSIP: 46593JAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    160000 | PA      | $159978.75    | 0.01%             | 2039-10-05      | Variable      | 5.80%                 | Yes           |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                              | HSBC HOLDINGS PLC                                  | CUSIP: 404280EM7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   2300000 | PA      | $2341732.07   | 0.22%             | 2028-11-19      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| OCTANE RECEIVABLES TRUST                                       | OCTANE RECEIVABLES TRUST 2024 1                    | CUSIP: 67571FAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1033218.30   | 0.10%             | 2030-10-21      | Fixed         | 6.43%                 | Yes           |                  2 | On Loan: No      |
| NXP B.V.                                                       | NXP BV NXP FUNDING LLC NXP USA INC                 | CUSIP: 62954HBF4<br>LEI: 724500RKKW4NOJ9YQF60 | Long             | DBT              | CORP              | NL        |   5050000 | PA      | $5083793.03   | 0.47%             | 2028-08-19      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                       | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36295ADH5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      6583 | PA      | $6905.22      | 0.00%             | 2037-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Citizens Bank, National Association                            | CITIZENS BANK NA PROVIDENCE RI                     | CUSIP: 75524KPG3<br>LEI: DRMSV1Q0EKMEXLAU1P80 | Long             | DBT              | CORP              | US        |   5100000 | PA      | $5142379.67   | 0.48%             | 2028-08-09      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 31397CV55<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     21479 | PA      | $21326.30     | 0.00%             | 2036-11-15      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| BHG SECURITIZATION TRUST                                       | BHG SECURITIZATION TRUST 2022 C                    | CUSIP: 08860DAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    610733 | PA      | $611905.04    | 0.06%             | 2035-10-17      | Fixed         | 5.93%                 | Yes           |                  2 | On Loan: No      |
| Element Fleet Management Corp.                                 | ELEMENT FLEET MANAGEMENT CORP                      | CUSIP: 286181AM4<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |   3215000 | PA      | $3261828.60   | 0.30%             | 2027-03-13      | Fixed         | 5.64%                 | Yes           |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST                                           | LHOME MORTGAGE TRUST 2024 RTL1                     | CUSIP: 50205DAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    620000 | PA      | $620221.03    | 0.06%             | 2029-01-25      | Fixed         | 7.02%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST                | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 35563PRE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    778443 | PA      | $763710.64    | 0.07%             | 2059-11-25      | Variable      | 4.25%                 | Yes           |                  2 | On Loan: No      |
| AVID AUTOMOBILE RECEIVABLES TRUST                              | AVID AUTOMOBILE RECEIVABLES TRUST 2021 1           | CUSIP: 05369LAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1050000 | PA      | $1012432.68   | 0.09%             | 2028-10-16      | Fixed         | 5.16%                 | Yes           |                  2 | On Loan: No      |
| ARBOR REALTY COMMERCIAL REAL ESTATE NOTES LTD                  | ARBOR REALTY COLLATERALIZED LOAN OBLIGATION LTD    | CUSIP: 03881UAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2700000 | PA      | $2716691.94   | 0.25%             | 2041-01-18      | Floating      | 6.31%                 | Yes           |                  2 | On Loan: No      |
| ACREC LTD                                                      | ACREC 2026 FL4 LLC                                 | CUSIP: 004970AB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    860000 | PA      | $860829.04    | 0.08%             | 2043-01-18      | Floating      | 5.31%                 | Yes           |                  2 | On Loan: No      |
| U S BANK NATIONAL ASSOCIATION                                  | US BANK NA                                         | CUSIP: 90357PBC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    614411 | PA      | $619835.28    | 0.06%             | 2032-02-25      | Fixed         | 5.58%                 | Yes           |                  2 | On Loan: No      |
| SILVER HILL TRUST                                              | BAYVIEW FINANCING SBC TRUST                        | CUSIP: 82773XAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      7472 | PA      | $7471.68      | 0.00%             | 2049-11-25      | Variable      | 3.10%                 | Yes           |                  2 | On Loan: No      |
| HOMES TRUST                                                    | HOMES 2023 NQM2 TRUST                              | CUSIP: 43761KAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $500323.15    | 0.05%             | 2068-02-25      | Variable      | 7.19%                 | Yes           |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                      | TORONTO DOMINION BANK THE                          | CUSIP: 89115KAD2<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   4000000 | PA      | $4057520.12   | 0.38%             | 2028-06-02      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 31396HUS6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     21431 | PA      | $21305.99     | 0.00%             | 2036-02-15      | Floating      | 4.07%                 | No            |                  2 | On Loan: No      |
| THE BOEING COMPANY                                             | BOEING CO THE                                      | CUSIP: 097023DP7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1024437.90   | 0.10%             | 2027-05-01      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORPORATION                                | TOYOTA MOTOR CREDIT CORP                           | CUSIP: 89236TMJ1<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   1315000 | PA      | $1318962.70   | 0.12%             | 2026-08-07      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31396PTZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     26437 | PA      | $26231.04     | 0.00%             | 2037-03-25      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| GLS AUTO RECEIVABLES TRUST                                     | GLS AUTO RECEIVABLES ISSUER TRUST 2024 3           | CUSIP: 37989AAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2670000 | PA      | $2728527.74   | 0.25%             | 2031-02-18      | Fixed         | 5.53%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2022 R09       | CUSIP: 20753DAF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    770000 | PA      | $832998.78    | 0.08%             | 2042-09-25      | Floating      | 10.42%                | Yes           |                  2 | On Loan: No      |
| Santander Holdings USA, Inc.                                   | SANTANDER HOLDINGS USA INC                         | CUSIP: 80282KBC9<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |   1610000 | PA      | $1586792.45   | 0.15%             | 2028-01-06      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| PRESTIGE AUTO RECEIVABLES TRUST                                | PRESTIGE AUTO RECEIVABLES TRUST 2024 2             | CUSIP: 74113SAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    970000 | PA      | $972462.83    | 0.09%             | 2030-07-15      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| MET TOWER GLOBAL FUNDING                                       | MET TOWER GLOBAL FUNDING                           | CUSIP: 58989V2G8<br>LEI: 635400OFJCY9IOGBGY57 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1915654.63   | 0.18%             | 2027-01-16      | Fixed         | 4.85%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2024 R03       | CUSIP: 207941AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    202493 | PA      | $202492.93    | 0.02%             | 2044-03-25      | Floating      | 4.82%                 | Yes           |                  2 | On Loan: No      |
| HARVEST SBA LOAN TRUST                                         | HARVEST SBA LOAN TRUST 2024 1                      | CUSIP: 41756NAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1096494 | PA      | $1107061.21   | 0.10%             | 2051-12-25      | Floating      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| DWIGHT ISSUER LLC                                              | DWIGHT 2025 FL1 ISSUER LLC                         | CUSIP: 233636AE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2520000 | PA      | $2526260.94   | 0.24%             | 2042-09-18      | Floating      | 6.51%                 | Yes           |                  2 | On Loan: No      |
| BROADRIDGE FINANCIAL SOLUTIONS, INC.                           | BROADRIDGE FINANCIAL SOLUTIONS INC                 | CUSIP: 11133TAC7<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | DBT              | CORP              | US        |   1677000 | PA      | $1672512.42   | 0.16%             | 2026-06-27      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING CO., L.P.                                 | PENSKE TRUCK LEASING CO LP PTL FINANCE CORP        | CUSIP: 709599BU7<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |    825000 | PA      | $826951.31    | 0.08%             | 2026-05-24      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| BSPDF ISSUER LTD                                               | BSPDF 2026 FL3 ISSUER LLC                          | CUSIP: 05594VAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1660000 | PA      | $1660000.00   | 0.15%             | 2043-09-18      | Floating      | 5.10%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST                | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 35563PHQ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2539324 | PA      | $2525726.90   | 0.24%             | 2058-03-25      | Variable      | 4.75%                 | Yes           |                  2 | On Loan: No      |
| MVW OWNER TRUST                                                | MVW 2020 1 LLC                                     | CUSIP: 55400EAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     30024 | PA      | $29886.87     | 0.00%             | 2037-10-20      | Fixed         | 4.21%                 | Yes           |                  2 | On Loan: No      |
| ALGONQUIN POWER & UTILITIES CORP.                              | ALGONQUIN POWER UTILITIES CORP                     | CUSIP: 015857AF2<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $501679.12    | 0.05%             | 2026-06-15      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                       | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38374KXH1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     30861 | PA      | $30624.35     | 0.00%             | 2035-02-20      | Floating      | 4.03%                 | No            |                  2 | On Loan: No      |
| OXFORD FINANCE CREDIT FUND III LP                              | OXFORD FINANCE CREDIT FUND III 2024 A LP           | CUSIP: 69145DAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    748633 | PA      | $760432.97    | 0.07%             | 2032-01-14      | Fixed         | 6.67%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                       | US 10YR ULTRA FUT JUN26                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -93 | NC      | $-85246.78    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| LIBRA SOLUTIONS LLC                                            | LIBRA SOLUTIONS 2025 1 LLC                         | CUSIP: 53161AAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1004340.70   | 0.09%             | 2039-08-15      | Fixed         | 9.90%                 | Yes           |                  2 | On Loan: No      |
| GLS AUTO RECEIVABLES TRUST                                     | GLS AUTO SELECT RECEIVABLES TRUST 2024 2           | CUSIP: 379924AJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2300000 | PA      | $2406472.52   | 0.22%             | 2031-08-15      | Fixed         | 6.19%                 | Yes           |                  2 | On Loan: No      |
| GRACIE POINT INTERNATIONAL FUNDING                             | GRACIE POINT INTERNATIONAL FUNDING 2024 1 LLC      | CUSIP: 38410KAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    432000 | PA      | $432031.19    | 0.04%             | 2028-03-01      | Floating      | 10.89%                | Yes           |                  2 | On Loan: No      |
| AerCap Ireland Capital Designated Activity Company             | AERCAP IRELAND CAP GLOBA                           | CUSIP: 00774MBD6<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |   2300000 | PA      | $2339017.18   | 0.22%             | 2027-01-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| United States of America                                       | 2 YEAR US TREASURY NOTE FUTURE JUN26               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      2225 | NC      | $863757.46    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST         | J P MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES T  | CUSIP: 46651MAN6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    370715 | PA      | $270618.38    | 0.03%             | 2036-07-15      | Floating      | 5.87%                 | Yes           |                  2 | On Loan: No      |
| HOA FUNDING LLC 0 08 20 51                                     | HOA FUNDING LLC 0 08 20 51                         | CUSIP: 403ESCAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    900000 | PA      | $0.00         | 0.00%             | 2051-08-20      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| Freddie Mac                                                    | FREDDIE MAC STRUCTURED PASS THROUGH CERTIFICATES   | CUSIP: 3133TMG26<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     58735 | PA      | $57247.42     | 0.01%             | 2029-12-25      | Floating      | 3.94%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                   | BARCLAYS PLC                                       | CUSIP: 06738ECF0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | RF                | GB        |   2540000 | PA      | $2548181.09   | 0.24%             | 2027-05-09      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F060634<br>LEI: B1V7KEBTPIMZEU4LTD58 | Short            | ABS-MBS          | USGSE             | US        |  -6300000 | PA      | $-6461836.10  | -0.60%            | 2056-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS COMPANY LLC                                  | VISTRA OPERATIONS CO LLC                           | CUSIP: 92840VAT9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1516282.10   | 0.14%             | 2026-12-30      | Fixed         | 5.05%                 | Yes           |                  2 | On Loan: No      |
| WESTGATE RESORTS LLC                                           | WESTGATE RESORTS 2024 1 LLC                        | CUSIP: 96034KAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1763052 | PA      | $1801171.20   | 0.17%             | 2038-01-20      | Fixed         | 9.26%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Bank, National Association                      | MORGAN STANLEY BANK NA                             | CUSIP: 61690U8E3<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1012807.85   | 0.09%             | 2028-07-14      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| ARBOR REALTY COMMERCIAL REAL ESTATE NOTES LTD                  | ARBOR REALTY COMMERCIAL REAL ESTATE NOTES 2021 FL4 | CUSIP: 03880RAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    900757 | PA      | $900769.64    | 0.08%             | 2036-11-15      | Floating      | 5.12%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP INC.                                                 | CITIGROUP INC                                      | CUSIP: 17327CAW3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   5700000 | PA      | $5785677.21   | 0.54%             | 2029-03-04      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                                       | AMERICAN EXPRESS CO                                | CUSIP: 025816DG1<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1080761.43   | 0.10%             | 2027-07-28      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| NMEF FUNDING LLC                                               | NMEF FUNDING 2023 A LLC                            | CUSIP: 62890QAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    320000 | PA      | $332421.57    | 0.03%             | 2030-06-17      | Fixed         | 8.04%                 | Yes           |                  2 | On Loan: No      |
| PEAR LLC                                                       | PEAR 2023 1 LLC                                    | CUSIP: 70473AAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    978260 | PA      | $1005640.24   | 0.09%             | 2035-07-15      | Fixed         | 7.42%                 | Yes           |                  2 | On Loan: No      |
| BHG SECURITIZATION TRUST                                       | BHG SECURITIZATION TRUST 2021 B                    | CUSIP: 08862BAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2340000 | PA      | $2267595.25   | 0.21%             | 2034-10-17      | Fixed         | 3.17%                 | Yes           |                  2 | On Loan: No      |
| BOF URSA FUNDING TRUST                                         | BAYVIEW OPPORTUNITY MASTER FUND VII TRUST 2024 CAR | CUSIP: 07336MAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    177837 | PA      | $178359.65    | 0.02%             | 2032-07-29      | Fixed         | 6.97%                 | Yes           |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                       | LLOYDS BANKING GROUP PLC                           | CUSIP: 53944YAZ6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   1380000 | PA      | $1397006.72   | 0.13%             | 2028-01-05      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                         | STANDARD CHARTERED PLC                             | CUSIP: 853254DB3<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   1225000 | PA      | $1248552.87   | 0.12%             | 2028-05-14      | Fixed         | 5.69%                 | Yes           |                  2 | On Loan: No      |
| SKY1 TRUST                                                     | SKY TRUST 2025 LINE                                | CUSIP: 830941AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1338972 | PA      | $1345157.85   | 0.13%             | 2042-04-15      | Floating      | 6.27%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31396VZF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4720 | PA      | $4703.42      | 0.00%             | 2037-05-25      | Floating      | 4.18%                 | No            |                  2 | On Loan: No      |
| 321 HENDERSON RECEIVABLES II LLC                               | 321 HENDERSON RECEIVABLES I LLC                    | CUSIP: 88576NAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     15250 | PA      | $15132.31     | 0.00%             | 2041-06-15      | Floating      | 3.97%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2019 R06       | CUSIP: 20754JAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    537243 | PA      | $545152.66    | 0.05%             | 2039-09-25      | Floating      | 7.53%                 | Yes           |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST                                      | TOWD POINT MORTGAGE TRUST 2024 CES2                | CUSIP: 89182JAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1916358 | PA      | $1932746.31   | 0.18%             | 2064-02-25      | Variable      | 6.12%                 | Yes           |                  2 | On Loan: No      |
| AVOLON HOLDINGS FUNDING LIMITED                                | AVOLON HOLDINGS FUNDING LTD                        | CUSIP: 05401AAL5<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   1600000 | PA      | $1599786.32   | 0.15%             | 2026-04-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137AAED1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      9232 | PA      | $9177.68      | 0.00%             | 2041-05-15      | Floating      | 4.17%                 | No            |                  2 | On Loan: No      |
| ACRES COMMERCIAL REALTY LTD                                    | ACRES COMMERCIAL REALTY 2026 FL4 ISSUER LLC        | CUSIP: 00501XAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1610000 | PA      | $1615009.03   | 0.15%             | 2044-08-18      | Floating      | 5.45%                 | Yes           |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP LLC                                     | AVIATION CAPITAL GROUP LLC                         | CUSIP: 05369AAV3<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |   4700000 | PA      | $4700132.68   | 0.44%             | 2029-04-30      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST                        | SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2026 HB1   | CUSIP: 795939AB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2260000 | PA      | $2259994.80   | 0.21%             | 2056-04-25      | Floating      | 5.06%                 | Yes           |                  2 | On Loan: No      |
| OPORTUN FUNDING LLC                                            | OPORTUN ISSUANCE TRUST 2024 2                      | CUSIP: 68377KAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    887754 | PA      | $888960.66    | 0.08%             | 2032-02-09      | Fixed         | 5.83%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES SERIES 2025 R01      | CUSIP: 20755JAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1197331 | PA      | $1197699.55   | 0.11%             | 2045-01-25      | Floating      | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F052433<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3700000 | PA      | $3795800.33   | 0.35%             | 2041-03-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST                                                    | FIGRE TRUST 2025 HE2                               | CUSIP: 31684KAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1687064 | PA      | $1714750.56   | 0.16%             | 2055-03-25      | Variable      | 5.78%                 | Yes           |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                                     | JP MORGAN MORTGAGE TRUST 2023 HE3                  | CUSIP: 465985AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    434293 | PA      | $435816.85    | 0.04%             | 2054-05-25      | Floating      | 5.30%                 | Yes           |                  2 | On Loan: No      |
| MERCHANTS FLEET FUNDING LLC                                    | MERCHANTS FLEET FUNDING LLC                        | CUSIP: 588926AP0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1520000 | PA      | $1540450.84   | 0.14%             | 2039-01-20      | Fixed         | 5.76%                 | Yes           |                  2 | On Loan: No      |
| XCAL                                                           | XCAL 2019 IL 1 MORTGAGE TRUST                      | CUSIP: 98370LAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    996028 | PA      | $69721.99     | 0.01%             | 2026-04-30      | Floating      | 7.28%                 | Yes           |                  3 | On Loan: No      |
| WOODMONT TRUST                                                 | WOODMONT 2023 12 TRUST                             | CUSIP: 979926AN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2065729 | PA      | $2068868.51   | 0.19%             | 2032-10-25      | Floating      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| DUKE ENERGY CORPORATION                                        | DUKE ENERGY CORP                                   | CUSIP: 26244JC23<br>LEI: I1BZKREC126H0VB1BL91 | Long             | STIV             | CORP              | US        |   6000000 | PA      | $5998161.00   | 0.56%             |  |  |  | Yes           |                  2 | On Loan: No      |
| RADIAN GUARANTY INC AND EAGLE RE LTD                           | EAGLE RE 2023 1 LTD                                | CUSIP: 26982EAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    630000 | PA      | $645632.82    | 0.06%             | 2033-09-26      | Floating      | 7.62%                 | Yes           |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST                            | EXETER AUTOMOBILE RECEIVABLES TRUST 2022 3         | CUSIP: 30166YAF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    301388 | PA      | $304558.15    | 0.03%             | 2028-09-15      | Fixed         | 6.76%                 | No            |                  2 | On Loan: No      |
| CASCADE FUNDING MORTGAGE TRUST                                 | CFMT 2023 H12 LLC                                  | CUSIP: 12530QAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $197829.06    | 0.02%             | 2033-04-25      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2024 R05       | CUSIP: 20754XAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1795579 | PA      | $1796705.05   | 0.17%             | 2044-07-25      | Floating      | 4.67%                 | Yes           |                  2 | On Loan: No      |
| THOPAS RE 2022                                                 | THOPAS RE 2022                                     | CUSIP: S00393836<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    250000 | PA      | $1268.86      | 0.00%             | 2027-12-31      | None          | 0.00%                 | Yes           |                  3 | On Loan: No      |
| Morgan Stanley Bank, National Association                      | MORGAN STANLEY BANK NA                             | CUSIP: 61690U8A1<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1411959.74   | 0.13%             | 2028-01-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FREDDIE MAC STACR REMIC TRUST 2024 HQA2            | CUSIP: 35564NDY6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2296000 | PA      | $2304572.33   | 0.21%             | 2044-08-25      | Floating      | 4.92%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 31397CV89<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      9689 | PA      | $9623.03      | 0.00%             | 2036-11-15      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| RMF BUYOUT ISSUANCE TRUST                                      | RMF BUYOUT ISSUANCE TRUST 2021 HB1                 | CUSIP: 74969TAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $967280.00    | 0.09%             | 2031-11-25      | Variable      | 3.69%                 | Yes           |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT ISSUER TRUST                         | GREENSKY HOME IMPROVEMENT ISSUER TRUST 2025 2      | CUSIP: 39571VAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2310000 | PA      | $2341833.65   | 0.22%             | 2060-06-25      | Fixed         | 5.56%                 | Yes           |                  2 | On Loan: No      |
| ACCELERATED LLC                                                | ACCELERATED 2021 1H LLC                            | CUSIP: 00439KAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    207353 | PA      | $195933.43    | 0.02%             | 2040-10-20      | Fixed         | 2.35%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FREDDIE MAC STACR REMIC TRUST 2023 DNA2            | CUSIP: 35564KT58<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    453690 | PA      | $459887.84    | 0.04%             | 2043-04-25      | Floating      | 5.77%                 | Yes           |                  2 | On Loan: No      |
| RMF PROPRIETARY ISSUANCE TRUST                                 | RMF PROPRIETARY ISSUANCE TRUST 2019 1              | CUSIP: 74968RAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    512023 | PA      | $497285.99    | 0.05%             | 2063-10-25      | Variable      | 2.75%                 | Yes           |                  2 | On Loan: No      |
| O'Reilly Automotive, Inc.                                      | O REILLY AUTOMOTIVE INC                            | CUSIP: 67103HAM9<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1821159.74   | 0.17%             | 2026-11-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AREIT LTD.                                                     | AREIT 2024 CRE9 LTD                                | CUSIP: 00193AAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    421820 | PA      | $421872.51    | 0.04%             | 2041-05-17      | Floating      | 5.35%                 | Yes           |                  2 | On Loan: No      |
| ARBOR REALTY COMMERCIAL REAL ESTATE NOTES LTD                  | ARBOR REALTY COLLATERALIZED LOAN OBLIGATION LTD    | CUSIP: 03881UAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4365000 | PA      | $4392268.59   | 0.41%             | 2041-01-18      | Floating      | 6.86%                 | Yes           |                  2 | On Loan: No      |
| CARMAX SELECT RECEIVABLES TRUST                                | CARMAX SELECT RECEIVABLES TRUST 2026 A             | CUSIP: 142929AF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2420000 | PA      | $2429312.16   | 0.23%             | 2032-05-17      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| ACREC LTD                                                      | ACREC 2025 FL 3 LLC                                | CUSIP: 00112HAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2170000 | PA      | $2169993.49   | 0.20%             | 2042-08-18      | Floating      | 4.97%                 | Yes           |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST                                      | TOWD POINT MORTGAGE TRUST 2024 CES4                | CUSIP: 89182QAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2890000 | PA      | $2899075.76   | 0.27%             | 2064-09-25      | Fixed         | 5.17%                 | Yes           |                  2 | On Loan: No      |
| WESTGATE RESORTS LLC                                           | WESTGATE RESORTS 2023 1 LLC                        | CUSIP: 96033EAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    230820 | PA      | $237030.54    | 0.02%             | 2037-12-20      | Fixed         | 10.14%                | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE TRUST 2005 W3                           | CUSIP: 31394FSB2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     89796 | PA      | $89044.17     | 0.01%             | 2045-03-25      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING, INC.                                        | LEVEL 3 FINANCING INC                              | CUSIP: 52729KAU0<br>LEI: 254900AE5FEFIJOXWL19 | Long             | LON              | CORP              | US        |     75128 | PA      | $75456.69     | 0.01%             | 2032-03-29      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| HTL COMMERCIAL MORTGAGE TRUST                                  | HTL COMMERCIAL MORTGAGE TRUST 2024 T53             | CUSIP: 404300AG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1105000 | PA      | $1124248.66   | 0.10%             | 2039-05-10      | Variable      | 8.20%                 | Yes           |                  2 | On Loan: No      |
| FIGRE TRUST                                                    | FIGRE TRUST 2025 HE6                               | CUSIP: 31684NAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2319353 | PA      | $2334241.95   | 0.22%             | 2055-09-25      | Variable      | 5.04%                 | Yes           |                  2 | On Loan: No      |
| COMMONBOND STUDENT LOAN TRUST                                  | COMMONBOND STUDENT LOAN TRUST 2017 B GS            | CUSIP: 20268KAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     17628 | PA      | $15343.54     | 0.00%             | 2042-09-25      | Variable      | 4.44%                 | Yes           |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST                                      | TOWD POINT MORTGAGE TRUST 2024 CES6                | CUSIP: 891947AB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4932000 | PA      | $5017678.21   | 0.47%             | 2064-11-25      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FREDDIE MAC STACR REMIC TRUST 2021 DNA6            | CUSIP: 35564KKY4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1979540 | PA      | $1984932.68   | 0.18%             | 2041-10-25      | Floating      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| RADNOR RE/ESSENT                                               | RADNOR RE 2023 1 LTD                               | CUSIP: 75050KAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    152782 | PA      | $153236.49    | 0.01%             | 2033-07-25      | Floating      | 6.37%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FREDDIE MAC STACR REMIC TRUST 2024 HQA2            | CUSIP: 35564NDZ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    543165 | PA      | $543835.28    | 0.05%             | 2044-08-25      | Floating      | 4.87%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST                        | SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2024 RTL5  | CUSIP: 795935AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    460000 | PA      | $461295.59    | 0.04%             | 2030-04-25      | Fixed         | 7.76%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31396PZL8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     10016 | PA      | $9900.89      | 0.00%             | 2037-03-25      | Floating      | 4.03%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANK, NATIONAL ASSOCIATION                         | FIFTH THIRD BANK NA                                | CUSIP: 31677QBU2<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |   1960000 | PA      | $1976762.27   | 0.18%             | 2028-01-28      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| MCR TRUST                                                      | MCR 2024 HF1 MORTGAGE TRUST                        | CUSIP: 55287FAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    645218 | PA      | $645420.01    | 0.06%             | 2041-12-15      | Floating      | 5.45%                 | Yes           |                  2 | On Loan: No      |
| SHR TRUST                                                      | SHR TRUST 2024 LXRY                                | CUSIP: 784234AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3160000 | PA      | $3163950.00   | 0.29%             | 2041-10-15      | Floating      | 5.61%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31396PSN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     21975 | PA      | $21721.26     | 0.00%             | 2037-02-25      | Floating      | 3.98%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SEASONED MORTGAGE TRUST                            | JP MORGAN SEASONED MORTGAGE TRUST 2014 1           | CUSIP: 46643VAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     76211 | PA      | $75318.30     | 0.01%             | 2033-05-25      | Floating      | 4.29%                 | Yes           |                  2 | On Loan: No      |
| OCTANE RECEIVABLES TRUST                                       | OCTANE RECEIVABLES TRUST 2023 1                    | CUSIP: 67571BAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1035699.60   | 0.10%             | 2030-03-20      | Fixed         | 7.76%                 | Yes           |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS SHORT DURATION                          | GOLUB CAPITAL PARTNERS SHORT DURATION 2022 1       | CUSIP: 38179FAY7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1750000 | PA      | $1746682.00   | 0.16%             | 2033-07-25      | Floating      | 8.27%                 | Yes           |                  2 | On Loan: No      |
| FISERV, INC.                                                   | FISERV INC                                         | CUSIP: 33774LC22<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | STIV             | CORP              | US        |   6000000 | PA      | $5998096.20   | 0.56%             |  |  |  | Yes           |                  2 | On Loan: No      |
| BLUE BRIDGE FUNDING LLC                                        | BLUE BRIDGE FUNDING 2023 1 LLC                     | CUSIP: 09531MAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    417675 | PA      | $420758.94    | 0.04%             | 2030-11-15      | Fixed         | 7.37%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31403DQ77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4700 | PA      | $4842.83      | 0.00%             | 2036-07-01      | Floating      | 6.47%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 313398NZ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     38434 | PA      | $38464.56     | 0.00%             | 2031-07-15      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| ELLINGTON FINANCIAL MORTGAGE TRUST                             | ELLINGTON FINANCIAL MORTGAGE TRUST 2020 1          | CUSIP: 31574PAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $989308.50    | 0.09%             | 2065-05-25      | Variable      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140ASNX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1269498 | PA      | $1295703.34   | 0.12%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALLY BANK AUTO CREDIT-LINKED NOTES                             | ALLY BANK AUTO CREDIT LINKED NOTES SERIES 2024 A   | CUSIP: 02007GZ71<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    129966 | PA      | $132155.69    | 0.01%             | 2032-05-17      | Fixed         | 6.32%                 | Yes           |                  2 | On Loan: No      |
| AVOLON TLB BORROWER 1 (US) LLC                                 | AVOLON TLB BORROWER 1 US LLC                       | CUSIP: 05400KAJ9<br>LEI: 635400O84AGITYFZQB55 | Long             | LON              | CORP              | US        |    240089 | PA      | $241289.44    | 0.02%             | 2030-06-24      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                    | FREDDIE MAC POOL                                   | CUSIP: 3133CVEU4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    197318 | PA      | $204958.36    | 0.02%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UPSTART SECURITIZATION TRUST                                   | UPSTART SECURITIZATION TRUST 2025 2                | CUSIP: 91679EAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2010000 | PA      | $2051222.09   | 0.19%             | 2035-06-20      | Fixed         | 6.02%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FREDDIE MAC STACR REMIC TRUST 2025 DNA1            | CUSIP: 35564NFZ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1202615 | PA      | $1202614.62   | 0.11%             | 2045-01-25      | Floating      | 4.72%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST                        | SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2025 LOC5  | CUSIP: 79581XAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1782209 | PA      | $1790927.48   | 0.17%             | 2055-10-25      | Floating      | 5.27%                 | Yes           |                  2 | On Loan: No      |
| NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION       | NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP  | CUSIP: 63743HGE6<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   2830000 | PA      | $2843767.92   | 0.27%             | 2029-02-09      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| MISSION LANE CREDIT CARD MASTER TRUST                          | MISSION LANE CREDIT CARD MASTER TRUST              | CUSIP: 60510MBK3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1420000 | PA      | $1432796.76   | 0.13%             | 2030-05-15      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| ZAIS CLO LIMITED                                               | ZAIS CLO 13 LTD                                    | CUSIP: 98876NAW4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    124168 | PA      | $124241.39    | 0.01%             | 2032-07-15      | Floating      | 4.97%                 | Yes           |                  2 | On Loan: No      |
| THE BROOKLYN UNION GAS COMPANY                                 | BROOKLYN UNION GAS CO THE                          | CUSIP: 114259AV6<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3021413.40   | 0.28%             | 2027-08-05      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| U S BANK NATIONAL ASSOCIATION                                  | US BANK NA                                         | CUSIP: 90357PAV6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     43944 | PA      | $44379.15     | 0.00%             | 2032-08-25      | Fixed         | 6.79%                 | Yes           |                  2 | On Loan: No      |
| HTL COMMERCIAL MORTGAGE TRUST                                  | HTL COMMERCIAL MORTGAGE TRUST 2024 T53             | CUSIP: 404300AE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3175000 | PA      | $3216955.72   | 0.30%             | 2039-05-10      | Variable      | 7.09%                 | Yes           |                  2 | On Loan: No      |
| U.S. Bank National Association                                 | US BANK NA CINCINNATI OH                           | CUSIP: 90331HPS6<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |   3150000 | PA      | $3181285.80   | 0.30%             | 2028-05-15      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| FHF TRUST                                                      | FHF ISSUER TRUST 2024 3                            | CUSIP: 30339EAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1290000 | PA      | $1231854.41   | 0.11%             | 2031-12-15      | Fixed         | 6.01%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31408E7G1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6738 | PA      | $7147.89      | 0.00%             | 2036-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                                     | JP MORGAN MORTGAGE TRUST SERIES 2024 HE3           | CUSIP: 46658JAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1561146 | PA      | $1563248.24   | 0.15%             | 2055-02-25      | Floating      | 4.90%                 | Yes           |                  2 | On Loan: No      |
| CHASE MORTGAGE REFERENCE NOTES                                 | CHASE MORTGAGE FINANCE CORP                        | CUSIP: 46591HBZ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    949999 | PA      | $923576.08    | 0.09%             | 2050-02-25      | Floating      | 5.22%                 | Yes           |                  2 | On Loan: No      |
| SOUND POINT CLO                                                | SOUND POINT CLO V R LTD                            | CUSIP: 83607EAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3970000 | PA      | $3976522.71   | 0.37%             | 2031-07-18      | Floating      | 5.68%                 | Yes           |                  2 | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST                             | TRICOLOR AUTO SECURITIZATION TRUST 2024 1          | CUSIP: 89616LAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $811400.00    | 0.08%             | 2027-12-15      | Fixed         | 6.53%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31393X7K7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     92103 | PA      | $93624.48     | 0.01%             | 2043-07-25      | Variable      | 5.49%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2025 R02       | CUSIP: 20754TAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    630946 | PA      | $631140.86    | 0.06%             | 2045-02-25      | Floating      | 4.82%                 | Yes           |                  2 | On Loan: No      |
| FHF TRUST                                                      | FHF ISSUER TRUST 2024 3                            | CUSIP: 30339EAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2272000 | PA      | $2188107.76   | 0.20%             | 2031-03-17      | Fixed         | 5.43%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FREDDIE MAC STRIPS                                 | CUSIP: 3128HVZR3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     30388 | PA      | $30165.38     | 0.00%             | 2036-08-15      | Floating      | 4.07%                 | No            |                  2 | On Loan: No      |
| WESTERN FUNDING AUTO LOAN TRUST                                | WESTERN FUNDING AUTO LOAN TRUST 2025 1             | CUSIP: 958250AC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2549950.00   | 0.24%             | 2035-11-15      | Fixed         | 5.34%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31392BFS0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5540 | PA      | $5586.72      | 0.00%             | 2031-12-25      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                    | FREDDIE MAC POOL                                   | CUSIP: 3133CVBH6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1040200 | PA      | $1069517.89   | 0.10%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Saudi Arabian Oil Company                                      | SAUDI ARABIAN OIL CO                               | CUSIP: 80415RAB7<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              |  | SA        |   1555000 | PA      | $1554766.75   | 0.14%             | 2029-02-02      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| METROPOLITAN LIFE GLOBAL FUNDING I                             | METROPOLITAN LIFE GLOBAL FUNDING I                 | CUSIP: 592179KL8<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2031561.28   | 0.19%             | 2027-06-11      | Fixed         | 5.05%                 | Yes           |                  2 | On Loan: No      |
| U.S. Bank National Association                                 | US BANK NA CINCINNATI OH                           | CUSIP: 90331HPQ0<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |   2780000 | PA      | $2784281.12   | 0.26%             | 2027-10-22      | Floating      | 4.36%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 31397PBG4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     45155 | PA      | $44932.85     | 0.00%             | 2037-11-15      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| DEEPHAVEN RESIDENTIAL MORTGAGE TRUST                           | DEEPHAVEN RESIDENTIAL MORTGAGE TRUST 2025 CES1     | CUSIP: 24380WAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2412851 | PA      | $2437857.54   | 0.23%             | 2055-10-25      | Fixed         | 5.22%                 | Yes           |                  2 | On Loan: No      |
| BRSP                                                           | BRSP 2026 FL3 LTD                                  | CUSIP: 116686AC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    450000 | PA      | $450558.45    | 0.04%             | 2043-08-19      | Floating      | 5.40%                 | Yes           |                  2 | On Loan: No      |
| HCA INC.                                                       | HCA INC                                            | CUSIP: 40412DC23<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | STIV             | CORP              | US        |   4800000 | PA      | $4798394.88   | 0.45%             |  |  |  | Yes           |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST                            | EXETER AUTOMOBILE RECEIVABLES TRUST 2022 6         | CUSIP: 30168AAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    895000 | PA      | $950130.93    | 0.09%             | 2030-06-17      | Fixed         | 11.61%                | Yes           |                  2 | On Loan: No      |
| OBX TRUST                                                      | OBX 2026 HE1 TRUST                                 | CUSIP: 67124BAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1830000 | PA      | $1830633.91   | 0.17%             | 2056-02-25      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST                | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 35563PPH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4782729 | PA      | $4700848.84   | 0.44%             | 2059-08-25      | Variable      | 4.25%                 | Yes           |                  2 | On Loan: No      |
| REACH ABS TRUST                                                | REACH ABS TRUST 2026 1                             | CUSIP: 75526XAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1340000 | PA      | $1347167.66   | 0.13%             | 2033-02-15      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| CERBERUS LOAN FUNDING L.P.                                     | CERBERUS LOAN FUNDING XLIX LLC                     | CUSIP: 15675LAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1997284.00   | 0.19%             | 2034-01-15      | Floating      | 7.17%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FREDDIE MAC POOL                                   | CUSIP: 3133WBYU4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2396712 | PA      | $2524503.54   | 0.24%             | 2054-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HOA NEWCO LLC                                                  | HOA NEWCO LLC                                      | CUSIP: 43370DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    907618 | PA      | $22499.84     | 0.00%             | 2055-11-22      | Fixed         | 7.43%                 | Yes           |                  3 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31392BNE2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3464 | PA      | $3472.83      | 0.00%             | 2032-01-18      | Floating      | 4.42%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FREDDIE MAC STACR REMIC TRUST 2022 DNA2            | CUSIP: 35564KRN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1024380.00   | 0.10%             | 2042-02-25      | Floating      | 7.42%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2025 R06       | CUSIP: 20754YAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    952849 | PA      | $953015.41    | 0.09%             | 2045-09-25      | Floating      | 4.57%                 | Yes           |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE, LLC                       | VOLKSWAGEN GROUP OF AMERICA FINANCE LLC            | CUSIP: 928668CE0<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000695.04   | 0.09%             | 2026-03-20      | Fixed         | 5.40%                 | Yes           |                  2 | On Loan: No      |
| MF1 LTD                                                        | MF1 2024 FL16                                      | CUSIP: 55287EAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3430000 | PA      | $3435604.62   | 0.32%             | 2039-11-18      | Floating      | 5.22%                 | Yes           |                  2 | On Loan: No      |
| HYATT HOTELS CORPORATION                                       | HYATT HOTELS CORP                                  | CUSIP: 448579AU6<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |   5200000 | PA      | $5305506.13   | 0.49%             | 2028-03-30      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2023 R06       | CUSIP: 20754EAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     74956 | PA      | $75262.53     | 0.01%             | 2043-07-25      | Floating      | 5.37%                 | Yes           |                  2 | On Loan: No      |
| AMERICA'S CAR-MART TRUST                                       | ACM AUTO TRUST 2025 1                              | CUSIP: 00161EAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140509 | PA      | $140526.87    | 0.01%             | 2029-06-20      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING CO., L.P.                                 | PENSKE TRUCK LEASING CO LP PTL FINANCE CORP        | CUSIP: 709599BY9<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |    390000 | PA      | $393937.38    | 0.04%             | 2027-01-12      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: No      |
| VSTRONG AUTO RECEIVABLES TRUST                                 | VSTRONG AUTO RECEIVABLES TRUST 2023 A              | CUSIP: 92920CAL1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    550000 | PA      | $601976.16    | 0.06%             | 2030-02-15      | Fixed         | 9.31%                 | Yes           |                  2 | On Loan: No      |
| VEROS AUTO RECEIVABLES TRUST                                   | VEROS AUTO RECEIVABLES TRUST 2024 1                | CUSIP: 92512WAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1064193.90   | 0.10%             | 2031-05-15      | Fixed         | 9.87%                 | Yes           |                  2 | On Loan: No      |
| REACH ABS TRUST                                                | REACH ABS TRUST 2026 1                             | CUSIP: 75526XAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2520000 | PA      | $2542471.34   | 0.24%             | 2033-02-15      | Fixed         | 5.16%                 | Yes           |                  2 | On Loan: No      |
| VELOCITY COMMERCIAL CAPITAL LOAN TRUST                         | VELOCITY COMMERCIAL CAPITAL LOAN TRUST 2020 1      | CUSIP: 92259LAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    419998 | PA      | $391771.27    | 0.04%             | 2050-02-25      | Variable      | 2.61%                 | Yes           |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST                                            | RCKT TRUST 2025 PL1                                | CUSIP: 74939RAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    840000 | PA      | $847966.90    | 0.08%             | 2034-07-25      | Fixed         | 5.42%                 | Yes           |                  2 | On Loan: No      |
| BARCLAYS MORTGAGE LOAN TRUST                                   | BARC 2026 CES1                                     | CUSIP: 06690CAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1870000 | PA      | $1874271.45   | 0.17%             | 2056-01-25      | Fixed         | 4.84%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31396PJX0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     26410 | PA      | $26112.15     | 0.00%             | 2037-02-25      | Floating      | 4.03%                 | No            |                  2 | On Loan: No      |
| HOME RE LIMITED                                                | HOME RE LTD                                        | CUSIP: 43731BAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    217795 | PA      | $222966.28    | 0.02%             | 2033-10-25      | Floating      | 8.27%                 | Yes           |                  2 | On Loan: No      |
| DRIVE AUTO RECEIVABLES TRUST                                   | DRIVE AUTO RECEIVABLES TRUST 2024 2                | CUSIP: 26207AAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1830000 | PA      | $1850051.86   | 0.17%             | 2032-05-17      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 31339LU24<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      4589 | PA      | $4590.19      | 0.00%             | 2028-04-15      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY, INC.                         | GENERAL MOTORS FINANCIAL CO INC                    | CUSIP: 37045XEX0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   2800000 | PA      | $2848423.54   | 0.27%             | 2027-07-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 35564KJP5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1340000 | PA      | $1348475.77   | 0.13%             | 2041-09-25      | Floating      | 5.77%                 | Yes           |                  2 | On Loan: No      |
| BDS LTD                                                        | BDS 2024 FL13 LLC                                  | CUSIP: 05555MAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    725000 | PA      | $726748.70    | 0.07%             | 2039-09-19      | Floating      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| VFI ABS LLC                                                    | VFI ABS 2023 1 LLC                                 | CUSIP: 92555QAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    327000 | PA      | $330806.15    | 0.03%             | 2029-12-24      | Fixed         | 9.26%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FREDDIE MAC STACR REMIC TRUST 2023 HQA1            | CUSIP: 35564KX79<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    106715 | PA      | $107477.48    | 0.01%             | 2043-05-25      | Floating      | 5.67%                 | Yes           |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST                                       | ANGEL OAK MORTGAGE TRUST 2025 HB2                  | CUSIP: 034648AC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4378000 | PA      | $4441581.69   | 0.41%             | 2055-12-25      | Floating      | 6.32%                 | Yes           |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST                            | GS MORTGAGE BACKED SECURITIES TRUST 2025 SL1       | CUSIP: 362960AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2182268 | PA      | $2210678.12   | 0.21%             | 2067-11-25      | Fixed         | 5.85%                 | Yes           |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL HOLDINGS, INC.                          | NEXTERA ENERGY CAPITAL HOLDINGS INC                | CUSIP: 65339KCL2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2427215.16   | 0.23%             | 2027-09-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL EQUIP FINANCE LLC                                   | COMMERCIAL EQUIPMENT FINANCE 2024 1 LLC            | CUSIP: 20166RAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    376210 | PA      | $378980.24    | 0.04%             | 2029-07-16      | Fixed         | 5.97%                 | Yes           |                  2 | On Loan: No      |
| BANQUE CANADIENNE IMPERIALE DE COMMERCE                        | CANADIAN IMPERIAL BANK OF COMMERCE                 | CUSIP: 13607PHT4<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $2005983.92   | 0.19%             | 2027-09-11      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| AMUR EQUIPMENT FINANCE RECEIVABLES LLC                         | AMUR EQUIPMENT FINANCE RECEIVABLES XV LLC          | CUSIP: 03237FAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2180000 | PA      | $2235914.17   | 0.21%             | 2032-08-20      | Fixed         | 5.68%                 | Yes           |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST                            | GS MORTGAGE BACKED SECURITIES TRUST 2024 HE2       | CUSIP: 36271AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    855522 | PA      | $858150.71    | 0.08%             | 2055-01-25      | Floating      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| FS RIALTO ISSUER, LTD.                                         | FS RIALTO 2026 FL11 ISSUER LLC                     | CUSIP: 30343TAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3180000 | PA      | $3190933.79   | 0.30%             | 2044-01-19      | Floating      | 5.10%                 | Yes           |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                           | JPMORGAN CHASE CO                                  | CUSIP: 46647PEL6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1255000 | PA      | $1271669.21   | 0.12%             | 2028-07-22      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                                     | JP MORGAN MORTGAGE TRUST SERIES 2025 HE1           | CUSIP: 46593PAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2077400 | PA      | $2078789.43   | 0.19%             | 2055-07-20      | Floating      | 4.81%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2024 R06       | CUSIP: 20755RAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1148446 | PA      | $1151727.47   | 0.11%             | 2044-09-25      | Floating      | 4.82%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 31396H5Q8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2249 | PA      | $2237.47      | 0.00%             | 2036-01-15      | Floating      | 4.07%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE CORPORATION                             | AMERICAN HONDA FINANCE CORP                        | CUSIP: 02665WGK1<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   1245000 | PA      | $1255427.27   | 0.12%             | 2028-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                 | MORGAN STANLEY                                     | CUSIP: 61747YFN0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3517275.20   | 0.33%             | 2028-04-13      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| MERCURY FINANCIAL CREDIT CARD MASTER TRUST                     | MERCURY FINANCIAL CREDIT CARD MASTER TRUST         | CUSIP: 58940BBB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2710000 | PA      | $2724569.50   | 0.25%             | 2029-07-20      | Fixed         | 7.43%                 | Yes           |                  2 | On Loan: No      |
| PEAC SOLUTIONS RECEIVABLES                                     | PEAC SOLUTIONS RECEIVABLES 2024 1 LLC              | CUSIP: 69433BAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2078409.40   | 0.19%             | 2031-01-21      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| UPSTART SECURITIZATION TRUST                                   | UPSTART SECURITIZATION TRUST 2025 2                | CUSIP: 91679EAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2970000 | PA      | $3012065.00   | 0.28%             | 2035-06-20      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| REPSOL E&P CAPITAL MARKETS US LLC                              | REPSOL E P CAPITAL MARKETS US LLC                  | CUSIP: 76026AAA5<br>LEI: 894500D0J12FRZ3Q0M15 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2028957.48   | 0.19%             | 2028-09-16      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                       | LLOYDS BANKING GROUP PLC                           | CUSIP: 53944YBC6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $2036946.56   | 0.19%             | 2028-11-26      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| TPG REAL ESTATE FINANCE ISSUER LTD                             | TRTX 2025 FL6 ISSUER LTD                           | CUSIP: 897764AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3120000 | PA      | $3125797.90   | 0.29%             | 2042-09-18      | Floating      | 5.20%                 | Yes           |                  2 | On Loan: No      |
| ALLY BANK AUTO CREDIT-LINKED NOTES                             | ALLY BANK AUTO CREDIT LINKED NOTES SERIES 2024 A   | CUSIP: 02007GZ89<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    108305 | PA      | $110851.97    | 0.01%             | 2032-05-17      | Fixed         | 7.92%                 | Yes           |                  2 | On Loan: No      |
| GRACIE POINT INTERNATIONAL FUNDING                             | GRACIE POINT INTERNATIONAL FUNDING 2025 1 LLC      | CUSIP: 38411WAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    650000 | PA      | $649966.20    | 0.06%             | 2028-08-15      | Floating      | 6.21%                 | Yes           |                  2 | On Loan: No      |
| BAYVIEW OPPORTUNITY MASTER FUND TRUST                          | BAYVIEW OPPORTUNITY MASTER FUND VII 2024 CAR1 LLC  | CUSIP: 07336QAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    349801 | PA      | $352221.08    | 0.03%             | 2031-12-26      | Floating      | 5.72%                 | Yes           |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST                                   | PAGAYA AI DEBT TRUST 2025 R1                       | CUSIP: 69547CAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    910000 | PA      | $916336.79    | 0.09%             | 2032-06-15      | Fixed         | 5.71%                 | Yes           |                  2 | On Loan: No      |
| AMUR EQUIPMENT FINANCE RECEIVABLES LLC                         | AMUR EQUIPMENT FINANCE RECEIVABLES XI LLC          | CUSIP: 03236XAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $808176.08    | 0.08%             | 2029-05-21      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST                            | GS MORTGAGE BACKED SECURITIES TRUST 2024 HE1       | CUSIP: 36270AAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1806976 | PA      | $1814196.12   | 0.17%             | 2054-08-25      | Floating      | 5.30%                 | Yes           |                  2 | On Loan: No      |
| RVR DEALERSHIP HOLDINGS, LLC                                   | RVR DEALERSHIP HOLDINGS LLC                        | CUSIP: 75001CAD6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    206918 | PA      | $204848.82    | 0.02%             | 2033-02-07      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| MF1 LTD                                                        | MF1 2024 FL14 LLC                                  | CUSIP: 55416AAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3067000 | PA      | $3069600.82   | 0.29%             | 2039-03-19      | Floating      | 5.40%                 | Yes           |                  2 | On Loan: No      |
| REACH ABS TRUST                                                | REACH ABS TRUST 2025 2                             | CUSIP: 75525QAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2035867.20   | 0.19%             | 2032-08-18      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| RADNOR RE/ESSENT                                               | RADNOR RE 2024 1 LTD                               | CUSIP: 75049AAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    554563 | PA      | $557262.87    | 0.05%             | 2034-09-25      | Floating      | 6.57%                 | Yes           |                  2 | On Loan: No      |
| CONTINENTAL FINANCE CREDIT CARD ABS LLC                        | CONTINENTAL FINANCE CREDIT CARD ABS MASTER TRUST   | CUSIP: 66981PAQ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $1261200.63   | 0.12%             | 2032-12-15      | Fixed         | 5.78%                 | Yes           |                  2 | On Loan: No      |
| VELOCITY COMMERCIAL CAPITAL LOAN TRUST                         | VELOCITY COMMERCIAL CAPITAL LOAN TRUST 2024 1      | CUSIP: 92261CAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    552511 | PA      | $566878.93    | 0.05%             | 2054-01-25      | Variable      | 6.55%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31394AER3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     14733 | PA      | $14704.60     | 0.00%             | 2034-07-25      | Floating      | 4.18%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                                     | JP MORGAN MORTGAGE TRUST 2023 HE1                  | CUSIP: 46656UAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    333665 | PA      | $334484.65    | 0.03%             | 2053-11-25      | Floating      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| TPG REAL ESTATE FINANCE ISSUER LTD                             | TRTX 2025 FL7 ISSUER LTD                           | CUSIP: 87277LAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2390000 | PA      | $2390575.99   | 0.22%             | 2043-06-18      | Floating      | 5.11%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FREDDIE MAC STACR REMIC TRUST 2022 DNA1            | CUSIP: 35564KQC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1835000 | PA      | $1851056.25   | 0.17%             | 2042-01-25      | Floating      | 6.17%                 | Yes           |                  2 | On Loan: No      |
| CASCADE FUNDING MORTGAGE TRUST                                 | CFMT 2024 HB15 LLC                                 | CUSIP: 15723AAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1140000 | PA      | $1107484.24   | 0.10%             | 2034-08-25      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31371HM62<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     18434 | PA      | $18764.68     | 0.00%             | 2029-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HILT MORTGAGE TRUST                                            | HILT COMMERCIAL MORTGAGE TRUST 2024 ORL            | CUSIP: 403956AC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1110000 | PA      | $1109306.25   | 0.10%             | 2037-05-15      | Floating      | 5.60%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FREDDIE MAC STACR REMIC TRUST 2022 DNA6            | CUSIP: 35564KH36<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     41243 | PA      | $41405.80     | 0.00%             | 2042-09-25      | Floating      | 5.82%                 | Yes           |                  2 | On Loan: No      |
| MCR MORTGAGE TRUST                                             | MCR 2024 HTL MORTGAGE TRUST                        | CUSIP: 55286PAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    817778 | PA      | $817777.48    | 0.08%             | 2037-02-15      | Floating      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| OCEANVIEW MORTGAGE LOAN TRUST                                  | OCEANVIEW MORTGAGE LOAN TRUST 2020 1               | CUSIP: 676477AD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    450000 | PA      | $414144.63    | 0.04%             | 2050-05-28      | Fixed         | 3.28%                 | Yes           |                  2 | On Loan: No      |
| KREF LTD                                                       | KREF 2022 FL3 LTD                                  | CUSIP: 48275EAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1169255 | PA      | $1169292.78   | 0.11%             | 2039-02-17      | Floating      | 5.12%                 | Yes           |                  2 | On Loan: No      |
| PRINCIPAL LIFE GLOBAL FUNDING II                               | PRINCIPAL LIFE GLOBAL FUNDING II                   | CUSIP: 74256LEX3<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2424251.54   | 0.23%             | 2027-01-16      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| 321 HENDERSON RECEIVABLES II LLC                               | 321 HENDERSON RECEIVABLES LLC                      | CUSIP: 88576PAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     23250 | PA      | $22801.61     | 0.00%             | 2040-11-15      | Floating      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| RESI FINANCE LIMITED PARTNERSHIP / RESI FINANCE DE CORPORATION | RESI FINANCE LP 2003 CB1                           | CUSIP: 74951PBH0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    143884 | PA      | $121867.32    | 0.01%             | 2035-06-10      | Floating      | 5.23%                 | Yes           |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                              | NATWEST GROUP PLC                                  | CUSIP: 639057AJ7<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   2140000 | PA      | $2140000.00   | 0.20%             | 2027-03-02      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| RADIAN GUARANTY INC AND EAGLE RE LTD                           | EAGLE RE 2021 2 LTD                                | CUSIP: 26982AAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    810000 | PA      | $828026.71    | 0.08%             | 2034-04-25      | Floating      | 7.92%                 | Yes           |                  2 | On Loan: No      |
| PEAR LLC                                                       | PEAR 2022 1 LLC                                    | CUSIP: 70472XAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    579151 | PA      | $588680.92    | 0.05%             | 2034-10-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| VISTA POINT SECURITIZATION TRUST                               | VISTA POINT SECURITIZATION TRUST 2026 CES1         | CUSIP: 92790EAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4170000 | PA      | $4175867.19   | 0.39%             | 2056-02-25      | Fixed         | 5.04%                 | Yes           |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING                                 | AVIS BUDGET RENTAL CAR FUNDING AESOP LLC           | CUSIP: 05377RKH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1790000 | PA      | $1814120.25   | 0.17%             | 2028-02-20      | Fixed         | 7.32%                 | Yes           |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST                          | WELLS FARGO COMMERCIAL MORTGAGE TRUST 2026 1250B   | CUSIP: 949939AE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    340000 | PA      | $341038.67    | 0.03%             | 2041-03-10      | Variable      | 5.59%                 | Yes           |                  2 | On Loan: No      |
| PRESTIGE AUTO RECEIVABLES TRUST                                | PRESTIGE AUTO RECEIVABLES TRUST 2024 1             | CUSIP: 74113QAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1967000 | PA      | $1990681.89   | 0.19%             | 2030-02-15      | Fixed         | 6.21%                 | Yes           |                  2 | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST                             | TRICOLOR AUTO SECURITIZATION TRUST 2023 1          | CUSIP: 89616KAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    606202 | PA      | $565525.61    | 0.05%             | 2027-07-15      | Fixed         | 8.56%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                              | CAPITAL ONE FINANCIAL CORP                         | CUSIP: 14040HCS2<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1817757.31   | 0.17%             | 2028-05-10      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 35564UBR7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2662247 | PA      | $2666264.49   | 0.25%             | 2045-10-25      | Floating      | 4.77%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2024 R04       | CUSIP: 20753GAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    935484 | PA      | $936075.77    | 0.09%             | 2044-05-25      | Floating      | 4.67%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Bank, National Association                      | MORGAN STANLEY BANK NA                             | CUSIP: 61690U8C7<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1003734.21   | 0.09%             | 2028-05-26      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC.                                                  | BROADCOM INC                                       | CUSIP: 11135FBZ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1124000 | PA      | $1142639.88   | 0.11%             | 2027-07-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN, INC.                                            | BROWN BROWN INC                                    | CUSIP: 115236AJ0<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |   3800000 | PA      | $3835935.08   | 0.36%             | 2028-06-23      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| LIBRA SOLUTIONS LLC                                            | LIBRA SOLUTIONS 2024 1 LLC                         | CUSIP: 53161XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1810000 | PA      | $1811356.60   | 0.17%             | 2038-09-30      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                       | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36200WAH4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     10732 | PA      | $10985.51     | 0.00%             | 2031-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BHG SECURITIZATION TRUST                                       | BHG SECURITIZATION TRUST 2023 B                    | CUSIP: 08862GAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    986549 | PA      | $1039451.01   | 0.10%             | 2036-12-17      | Fixed         | 7.45%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2020 SBT1      | CUSIP: 20753VBE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1040000 | PA      | $1067731.60   | 0.10%             | 2040-02-25      | Floating      | 7.43%                 | Yes           |                  2 | On Loan: No      |
| Santander Holdings USA, Inc.                                   | SANTANDER HOLDINGS USA INC                         | CUSIP: 80282KBK1<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |   1560000 | PA      | $1566463.38   | 0.15%             | 2027-05-31      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| EASTERN POWER, LLC                                             | EASTERN POWER LLC                                  | CUSIP: 87264NAB3<br>LEI: 5493000R3E1L1VM1V279 | Long             | LON              | CORP              | US        |    119068 | PA      | $119663.45    | 0.01%             | 2028-04-03      | Floating      | 8.42%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST                | FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST SE | CUSIP: 35563PES4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1424090 | PA      | $1414904.61   | 0.13%             | 2057-05-25      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| AREIT LTD.                                                     | AREIT 2025 CRE11                                   | CUSIP: 04002DAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3120000 | PA      | $3125856.24   | 0.29%             | 2043-06-18      | Floating      | 5.23%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE TRUST 2005 W4                           | CUSIP: 31394VQB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     20818 | PA      | $21297.34     | 0.00%             | 2045-06-25      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST                             | TRICOLOR AUTO SECURITIZATION TRUST 2022 1          | CUSIP: 89616BAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $438300.00    | 0.04%             | 2029-07-16      | Fixed         | 16.00%                | Yes           |                  2 | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST                             | TRICOLOR AUTO SECURITIZATION TRUST 2024 2          | CUSIP: 89616PAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1850000 | PA      | $489880.00    | 0.05%             | 2028-08-15      | Fixed         | 7.61%                 | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                                   | BX COMMERCIAL MORTGAGE TRUST 2024 SLCT             | CUSIP: 12433JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1870000 | PA      | $1867662.50   | 0.17%             | 2042-01-15      | Floating      | 4.98%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NH3Z9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    709914 | PA      | $729006.82    | 0.07%             | 2053-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31393DRP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     15714 | PA      | $15697.04     | 0.00%             | 2027-11-25      | Floating      | 4.08%                 | No            |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST                        | SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2024 RTL4  | CUSIP: 79584CAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    505000 | PA      | $505016.51    | 0.05%             | 2030-02-25      | Variable      | 7.50%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST                | FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST SE | CUSIP: 35563PLU1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1634783 | PA      | $1621699.30   | 0.15%             | 2058-10-25      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| Element Fleet Management Corp.                                 | ELEMENT FLEET MANAGEMENT CORP                      | CUSIP: 286181AH5<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |   2857000 | PA      | $2870715.03   | 0.27%             | 2026-06-26      | Fixed         | 6.27%                 | Yes           |                  2 | On Loan: No      |
| CDW LLC                                                        | CDW LLC CDW FINANCE CORP                           | CUSIP: 12513GBG3<br>LEI: 549300RU2J599RPFD076 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1731676.21   | 0.16%             | 2026-12-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                                     | JP MORGAN MORTGAGE TRUST 2025 HE3                  | CUSIP: 46660CAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3185803 | PA      | $3195955.05   | 0.30%             | 2056-03-25      | Floating      | 5.05%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 31392T3F2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     21356 | PA      | $21600.42     | 0.00%             | 2032-02-15      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                             | ORACLE CORP                                        | CUSIP: 68389XDW2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   4400000 | PA      | $4408350.14   | 0.41%             | 2029-02-04      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VACATIONS TRUST                                   | HILTON GRAND VACATIONS TRUST 2024 2                | CUSIP: 43283JAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    514306 | PA      | $530041.21    | 0.05%             | 2038-03-25      | Fixed         | 6.91%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31394FUL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     17159 | PA      | $17059.01     | 0.00%             | 2035-10-25      | Floating      | 4.08%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                          | ATHENE GLOBAL FUNDING                              | CUSIP: 04685A3T6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1319138.42   | 0.12%             | 2027-03-25      | Fixed         | 5.52%                 | Yes           |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES CORPORATION TRUST                       | GS MORTGAGE SECURITIES CORP TRUST 2020 DUNE        | CUSIP: 36258BAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1630981 | PA      | $1630516.99   | 0.15%             | 2036-12-15      | Floating      | 4.87%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31396KM33<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     13873 | PA      | $13790.99     | 0.00%             | 2036-09-25      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| MCR MORTGAGE TRUST                                             | MCR 2024 TWA MORTGAGE TRUST                        | CUSIP: 582923AD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1230000 | PA      | $1243637.38   | 0.12%             | 2039-06-12      | Fixed         | 7.40%                 | Yes           |                  2 | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST                             | TRICOLOR AUTO SECURITIZATION TRUST 2025 1          | CUSIP: 89617CAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    892000 | PA      | $89200.00     | 0.01%             | 2031-04-15      | Fixed         | 6.84%                 | Yes           |                  3 | On Loan: No      |
| BANK OF AMERICA                                                | BANK OF AMERICA                                    | CUSIP: N/A<br>LEI: 9DJT3UXIJIZJI4WXO774       | Long             | RA               | CORP              | US        |   4000000 | PA      | $4000000.00   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| VELOCITY COMMERCIAL CAPITAL LOAN TRUST                         | VELOCITY COMMERCIAL CAPITAL LOAN TRUST 2025 5      | CUSIP: 92262KAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2261303 | PA      | $2283807.69   | 0.21%             | 2055-12-25      | Variable      | 5.32%                 | Yes           |                  2 | On Loan: No      |
| HOME PARTNERS OF AMERICA TRUST                                 | HOME PARTNERS OF AMERICA 2019 2 TRUST              | CUSIP: 43732TAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5495108 | PA      | $5357691.54   | 0.50%             | 2039-10-19      | Fixed         | 3.87%                 | Yes           |                  2 | On Loan: No      |
| THPT MORTGAGE TRUST                                            | THPT 2023 THL MORTGAGE TRUST                       | CUSIP: 87252LAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1173755 | PA      | $1194271.81   | 0.11%             | 2034-12-10      | Variable      | 7.00%                 | Yes           |                  2 | On Loan: No      |
| OCTANE RECEIVABLES TRUST                                       | OCTANE RECEIVABLES TRUST 2022 2                    | CUSIP: 67578XAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1610000 | PA      | $1648572.38   | 0.15%             | 2030-02-20      | Fixed         | 7.70%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP INC.                                                 | CITIGROUP INC                                      | CUSIP: 172967LD1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2196946.73   | 0.20%             | 2028-01-10      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINANCE NORTH AMERICA LLC                        | DAIMLER TRUCK FINANCE NORTH AMERICA LLC            | CUSIP: 233853AY6<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   1640000 | PA      | $1668252.30   | 0.16%             | 2027-09-25      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 31396A5E0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      3893 | PA      | $3879.94      | 0.00%             | 2035-08-15      | Floating      | 4.02%                 | No            |                  2 | On Loan: No      |
| OPORTUN FUNDING LLC                                            | OPORTUN FUNDING TRUST 2024 3                       | CUSIP: 68377NAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    650000 | PA      | $652550.15    | 0.06%             | 2029-08-15      | Fixed         | 6.24%                 | Yes           |                  2 | On Loan: No      |
| MOSAIC SOLAR LOAN TRUST                                        | MOSAIC SOLAR LOAN TRUST 2019 2                     | CUSIP: 61945LAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     65012 | PA      | $64416.61     | 0.01%             | 2040-09-20      | Fixed         | 6.18%                 | Yes           |                  2 | On Loan: No      |
| TRIANGLE RE LTD                                                | TRIANGLE RE 2021 3 LTD                             | CUSIP: 89600HAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1049 | PA      | $1050.77      | 0.00%             | 2034-02-25      | Floating      | 6.57%                 | Yes           |                  2 | On Loan: No      |
| HILT MORTGAGE TRUST                                            | HILT COMMERCIAL MORTGAGE TRUST 2024 ORL            | CUSIP: 403956AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    860000 | PA      | $859462.50    | 0.08%             | 2037-05-15      | Floating      | 5.20%                 | Yes           |                  2 | On Loan: No      |
| GLS AUTO RECEIVABLES TRUST                                     | GLS AUTO RECEIVABLES ISSUER TRUST 2021 4           | CUSIP: 36263DAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1220000 | PA      | $1220543.75   | 0.11%             | 2028-10-16      | Fixed         | 4.43%                 | Yes           |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST                          | WELLS FARGO COMMERCIAL MORTGAGE TRUST 2026 1250B   | CUSIP: 949939AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1020000 | PA      | $1023159.96   | 0.10%             | 2041-03-10      | Variable      | 4.83%                 | Yes           |                  2 | On Loan: No      |
| AGCO CORPORATION                                               | AGCO CORP                                          | CUSIP: 001084AR3<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2632613.72   | 0.25%             | 2027-03-21      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank N.V.                                             | ABN AMRO BANK NV                                   | CUSIP: 00084DBA7<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   1300000 | PA      | $1316254.94   | 0.12%             | 2027-09-18      | Fixed         | 6.34%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                       | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36225BNA2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      2741 | PA      | $2845.23      | 0.00%             | 2031-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| INTEGRITY RE LTD                                               | INTEGRITY RE LTD                                   | CUSIP: 45833UAF8<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    154720 | PA      | $77359.78     | 0.01%             | 2030-06-06      | Floating      | 4.02%                 | Yes           |                  2 | On Loan: No      |
| EXPEDIA GROUP, INC.                                            | EXPEDIA GROUP INC                                  | CUSIP: 30212PBK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1006887.23   | 0.09%             | 2027-08-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| HTL COMMERCIAL MORTGAGE TRUST                                  | HTL COMMERCIAL MORTGAGE TRUST 2024 T53             | CUSIP: 404300AC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    950000 | PA      | $962698.56    | 0.09%             | 2039-05-10      | Variable      | 6.56%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31396V4E5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     33903 | PA      | $33533.12     | 0.00%             | 2037-06-25      | Floating      | 4.03%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2024 R02       | CUSIP: 20754GAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    304093 | PA      | $304093.23    | 0.03%             | 2044-02-25      | Floating      | 4.77%                 | Yes           |                  2 | On Loan: No      |
| MERCHANTS FLEET FUNDING LLC                                    | MERCHANTS FLEET FUNDING LLC                        | CUSIP: 588926AE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1013226.80   | 0.09%             | 2036-05-20      | Fixed         | 10.80%                | Yes           |                  2 | On Loan: No      |
| ELEMENT SOLUTIONS                                              | ELEMENT SOLUTIONS                                  | CUSIP: 72766TAK5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    524907 | PA      | $526508.27    | 0.05%             | 2030-12-18      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| TPG REAL ESTATE FINANCE ISSUER LTD                             | TRTX 2022 FL5 ISSUER LTD                           | CUSIP: 87277JAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    754199 | PA      | $754196.40    | 0.07%             | 2039-02-15      | Floating      | 5.31%                 | Yes           |                  2 | On Loan: No      |
| FIGRE TRUST                                                    | FIGRE TRUST 2025 HE8                               | CUSIP: 30191WAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1177781 | PA      | $1191089.27   | 0.11%             | 2055-11-25      | Variable      | 5.21%                 | Yes           |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                              | HSBC HOLDINGS PLC                                  | CUSIP: 404280DG1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   1500000 | PA      | $1523603.60   | 0.14%             | 2028-08-11      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FINANCIAL GROUP INC.                                 | JEFFERIES FINANCIAL GROUP INC                      | CUSIP: 472319AE2<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |   1490000 | PA      | $1527922.17   | 0.14%             | 2027-06-08      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| CaixaBank, S.A.                                                | CAIXABANK SA                                       | CUSIP: 12803RAB0<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |   3000000 | PA      | $3042618.72   | 0.28%             | 2027-09-13      | Fixed         | 6.68%                 | Yes           |                  2 | On Loan: No      |
| WINGSPIRE EQUIPMENT FINANCE LLC                                | WINGSPIRE EQUIPMENT FINANCE 2024 1 LLC             | CUSIP: 97415AAE2<br>LEI: 254900UTJF59Z6LWFR35 | Long             | ABS-MBS          | CORP              | US        |   1600000 | PA      | $1632102.08   | 0.15%             | 2032-09-20      | Fixed         | 6.31%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 31392RMJ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     23120 | PA      | $23375.78     | 0.00%             | 2032-03-15      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| PAWNEE EQUIPMENT RECEIVABLES LLC                               | PAWNEEE EQUIPMENT RECEIVABLES SERIES 2021 1 LLC    | CUSIP: 704100AE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     34906 | PA      | $34864.05     | 0.00%             | 2027-07-15      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| U.S. BANCORP                                                   | US BANCORP                                         | CUSIP: 91159HJP6<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |   3300000 | PA      | $3361827.18   | 0.31%             | 2027-10-26      | Fixed         | 6.79%                 | No            |                  2 | On Loan: No      |
| ALTURAS RE 2022 2 12 31 2027                                   | ALTURAS RE 2022 2 12 31 2027                       | CUSIP: S00393837<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    185015 | PA      | $8536.00      | 0.00%             | 2027-12-31      | None          | 0.00%                 | Yes           |                  3 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST                        | SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2025 FIG6  | CUSIP: 79582CAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2189453 | PA      | $2221569.70   | 0.21%             | 2056-01-25      | Variable      | 5.48%                 | Yes           |                  2 | On Loan: No      |
| JEFFERIES FINANCIAL GROUP INC.                                 | JEFFERIES GRP LLC CAP                              | CUSIP: 47233JAG3<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2112208.52   | 0.20%             | 2027-01-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| MF1 LTD                                                        | MF1 2022 FL8 LTD                                   | CUSIP: 55284JAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1173374 | PA      | $1173370.38   | 0.11%             | 2037-02-19      | Floating      | 5.02%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31396XNE0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7818 | PA      | $7824.71      | 0.00%             | 2037-09-25      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| RESEARCH-DRIVEN PAGAYA MOTOR ASSET TRUST                       | RESEARCH DRIVEN PAGAYA MOTOR ASSET TRUST 2023 4    | CUSIP: 76088UAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    302507 | PA      | $303221.94    | 0.03%             | 2032-03-25      | Fixed         | 7.54%                 | Yes           |                  2 | On Loan: No      |
| DTE ENERGY COMPANY                                             | DTE ENERGY CO                                      | CUSIP: 233331BM8<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3642879.96   | 0.34%             | 2027-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| GRACIE POINT INTERNATIONAL FUNDING                             | GRACIE POINT INTERNATIONAL FUNDING 2025 1 LLC      | CUSIP: 38411WAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1001326.30   | 0.09%             | 2028-08-15      | Floating      | 6.96%                 | Yes           |                  2 | On Loan: No      |
| BARCLAYS PLC                                                   | BARCLAYS PLC                                       | CUSIP: 06738ECT0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | RF                | GB        |   2900000 | PA      | $2930782.46   | 0.27%             | 2028-09-10      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| EXETER SELECT AUTOMOBILE RECEIVABLES TRUST                     | EXETER SELECT AUTOMOBILE RECEIVABLES TRUST 2025 2  | CUSIP: 30185EAF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $610730.04    | 0.06%             | 2032-01-15      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| FORTRESS CREDIT OPPORTUNITIES CLO LIMITED                      | FORTRESS CREDIT OPPORTUNITIES XXIX CLO LTD         | CUSIP: 34990EAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1370000 | PA      | $1370316.47   | 0.13%             | 2033-04-20      | Floating      | 5.32%                 | Yes           |                  2 | On Loan: No      |
| WILLIS ENGINE STRUCTURED TRUST                                 | WILLIS ENGINE STRUCTURED TRUST VI                  | CUSIP: 97064GAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    603336 | PA      | $587466.57    | 0.05%             | 2046-05-15      | Fixed         | 5.44%                 | Yes           |                  2 | On Loan: No      |
| PRICOA GLOBAL FUNDING I                                        | PRICOA GLOBAL FUNDING I                            | CUSIP: 74153WCT4<br>LEI: 635400IBXEBMD9ADYA79 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1007687.09   | 0.09%             | 2026-08-28      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| FIRST HELP FINANCIAL                                           | FHF ISSUER TRUST 2023 2                            | CUSIP: 30333LAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    388000 | PA      | $396819.47    | 0.04%             | 2029-12-17      | Fixed         | 7.97%                 | Yes           |                  2 | On Loan: No      |
| IMS ECUADORIAN MORTGAGE TRUST                                  | IMS ECUADORIAN MORTGAGE 2021 1 TRUST               | CUSIP: 44970EAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    238400 | PA      | $232142.08    | 0.02%             | 2043-08-18      | Variable      | 3.40%                 | Yes           |                  2 | On Loan: No      |
| THE PNC FINANCIAL SERVICES GROUP, INC.                         | PNC FINANCIAL SERVICES GROUP INC THE               | CUSIP: 693475BV6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    400000 | PA      | $404796.43    | 0.04%             | 2028-01-21      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| SANTANDER BANK, N.A.                                           | SANTANDER BANK AUTO CREDIT LINKED NOTES SERIES 202 | CUSIP: 80280BAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    760368 | PA      | $769680.98    | 0.07%             | 2033-01-18      | Fixed         | 6.80%                 | Yes           |                  2 | On Loan: No      |
| MONROE CAPITAL MML CLO LTD                                     | MONROE CAPITAL MML CLO XII LTD                     | CUSIP: 61034VAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1367812 | PA      | $1367234.42   | 0.13%             | 2033-09-14      | Floating      | 5.80%                 | Yes           |                  2 | On Loan: No      |
| PRM5 TRUST                                                     | PRM TRUST 2025 PRM6                                | CUSIP: 74277DAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1810000 | PA      | $1824352.94   | 0.17%             | 2033-07-05      | Variable      | 5.68%                 | Yes           |                  2 | On Loan: No      |
| Philip Morris International Inc.                               | PHILIP MORRIS INTERNATIONAL INC                    | CUSIP: 718172DM8<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   5800000 | PA      | $5857660.82   | 0.55%             | 2027-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CNO GLOBAL FUNDING                                             | CNO GLOBAL FUNDING                                 | CUSIP: 18977W2D1<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |   3100000 | PA      | $3160383.69   | 0.29%             | 2027-06-04      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                       | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36291Q2R4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      4214 | PA      | $4433.38      | 0.00%             | 2035-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BRAVO RESIDENTIAL FUNDING TRUST                                | BRAVO RESIDENTIAL FUNDING TRUST 2020 NQM1          | CUSIP: 105699AC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     47722 | PA      | $47086.66     | 0.00%             | 2060-05-25      | Fixed         | 2.41%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 31392VBT8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     33479 | PA      | $33550.73     | 0.00%             | 2032-03-15      | Floating      | 4.34%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                           | JPMORGAN CHASE CO                                  | CUSIP: 46647PEN2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3400000 | PA      | $3414035.51   | 0.32%             | 2028-10-22      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINANCE NORTH AMERICA LLC                        | DAIMLER TRUCK FINANCE NORTH AMERICA LLC            | CUSIP: 233853BC3<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   2450000 | PA      | $2491895.61   | 0.23%             | 2028-01-13      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| CROSS MORTGAGE TRUST                                           | CROSS 2025 CES1 MORTGAGE TRUST                     | CUSIP: 22757WAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1432005 | PA      | $1447271.24   | 0.13%             | 2060-11-25      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| BHG SECURITIZATION TRUST                                       | BHG SECURITIZATION TRUST 2024 1CON                 | CUSIP: 08862HAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1195894 | PA      | $1239210.73   | 0.12%             | 2035-04-17      | Fixed         | 6.49%                 | Yes           |                  2 | On Loan: No      |
| VISTA POINT SECURITIZATION TRUST                               | VISTA POINT SECURITIZATION TRUST 2024 CES3         | CUSIP: 92841WAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    900000 | PA      | $917344.53    | 0.09%             | 2055-01-25      | Variable      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| LOANCORE ISSUER LTD                                            | LOANCORE 2022 CRE7 ISSUER LTD                      | CUSIP: 53946PAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    270767 | PA      | $270384.60    | 0.03%             | 2037-01-17      | Floating      | 5.21%                 | Yes           |                  2 | On Loan: No      |
| KINDER MORGAN, INC.                                            | KINDER MORGAN INC                                  | CUSIP: 49455MC22<br>LEI: 549300WR7IX8XE0TBO16 | Long             | STIV             | CORP              | US        |   5400000 | PA      | $5398187.76   | 0.50%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.                          | SUMITOMO MITSUI FINANCIAL GROUP INC                | CUSIP: 86562MEJ5<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |   3420000 | PA      | $3434673.03   | 0.32%             | 2029-01-15      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS, INC.                                             | LPL HOLDINGS INC                                   | CUSIP: 50212YAJ3<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   1590000 | PA      | $1616444.55   | 0.15%             | 2027-05-20      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| VELOCITY COMMERCIAL CAPITAL LOAN TRUST                         | VELOCITY COMMERCIAL CAPITAL LOAN TRUST 2026 1      | CUSIP: 92262WAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1880000 | PA      | $1889316.53   | 0.18%             | 2056-02-25      | Variable      | 5.10%                 | Yes           |                  2 | On Loan: No      |
| VISTA POINT SECURITIZATION TRUST                               | VISTA POINT SECURITIZATION TRUST 2025 CES3         | CUSIP: 92842MAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3315326 | PA      | $3343248.18   | 0.31%             | 2055-11-25      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31378VJQ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       645 | PA      | $651.68       | 0.00%             | 2028-04-01      | Floating      | 6.71%                 | No            |                  2 | On Loan: No      |
| B.A.T CAPITAL CORPORATION                                      | BAT CAPITAL CORP                                   | CUSIP: 05526DBP9<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |   3100000 | PA      | $3121018.47   | 0.29%             | 2027-04-02      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| CHASE FUNDING MORTGAGE LOAN ASSET-BACKED CERTIFICATES          | CHASE FUNDING TRUST SERIES 2003 6                  | CUSIP: 161546HC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     29791 | PA      | $29823.50     | 0.00%             | 2034-11-25      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST                   | AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST 2025  | CUSIP: 024938AG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1970000 | PA      | $2011645.41   | 0.19%             | 2031-07-14      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| TRAFIGURA SECURITISATION FINANCE PLC                           | TRAFIGURA SECURITISATION FINANCE PLC               | CUSIP: 892725AX0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $3033299.40   | 0.28%             | 2027-11-15      | Fixed         | 5.98%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FREDDIE MAC STACR REMIC TRUST 2025 DNA1            | CUSIP: 35564NFY4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    535600 | PA      | $535599.79    | 0.05%             | 2045-01-25      | Floating      | 4.62%                 | Yes           |                  2 | On Loan: No      |
| AQUA FINANCE TRUST                                             | AQUA FINANCE TRUST 2020 A                          | CUSIP: 038413AC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    392557 | PA      | $382506.32    | 0.04%             | 2046-07-17      | Fixed         | 3.97%                 | Yes           |                  2 | On Loan: No      |
| VEROS AUTO RECEIVABLES TRUST                                   | VEROS AUTO RECEIVABLES TRUST 2025 1                | CUSIP: 92511BAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2320000 | PA      | $2363744.76   | 0.22%             | 2029-12-17      | Fixed         | 6.17%                 | Yes           |                  2 | On Loan: No      |
| EQUIFY ABS LLC                                                 | EQUIFY ABS 2024 1 LLC                              | CUSIP: 29445TAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    592208 | PA      | $594370.37    | 0.06%             | 2033-04-18      | Fixed         | 5.43%                 | Yes           |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST                                 | CARVANA AUTO RECEIVABLES TRUST 2022 N1             | CUSIP: 14686GAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     94243 | PA      | $93675.49     | 0.01%             | 2028-12-11      | Fixed         | 4.13%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2024 R03       | CUSIP: 207941AB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    490000 | PA      | $494089.69    | 0.05%             | 2044-03-25      | Floating      | 5.62%                 | Yes           |                  2 | On Loan: No      |
| FS RIALTO ISSUER, LTD.                                         | FS RIALTO 2024 FL9 ISSUER LLC                      | CUSIP: 30338WAL3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3910000 | PA      | $3924220.67   | 0.37%             | 2039-10-19      | Floating      | 5.30%                 | Yes           |                  2 | On Loan: No      |
| AVID AUTOMOBILE RECEIVABLES TRUST                              | AVID AUTOMOBILE RECEIVABLES TRUST 2023 1           | CUSIP: 05368QAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    246907 | PA      | $247618.67    | 0.02%             | 2027-12-15      | Fixed         | 7.35%                 | Yes           |                  2 | On Loan: No      |
| Z CAPITAL CREDIT PARTNERS CLO LTD                              | Z CAPITAL CREDIT PARTNERS CLO 2019 1 LTD           | CUSIP: 98877GAU2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1000381.00   | 0.09%             | 2031-07-16      | Floating      | 5.93%                 | Yes           |                  2 | On Loan: No      |
| FOUNDATION FINANCE TRUST                                       | FOUNDATION FINANCE TRUST 2021 1                    | CUSIP: 35041LAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     92737 | PA      | $88725.08     | 0.01%             | 2041-05-15      | Fixed         | 1.27%                 | Yes           |                  2 | On Loan: No      |
| LIBRA SOLUTIONS LLC                                            | OASIS SECURITISATION                               | CUSIP: 53161AAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $605811.66    | 0.06%             | 2039-08-15      | Fixed         | 6.36%                 | Yes           |                  2 | On Loan: No      |
| BANQUE FEDERATIVE DU CREDIT MUTUEL SA                          | BANQUE FEDERATIVE DU CREDIT MUTUEL SA              | CUSIP: 06675DCL4<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   2450000 | PA      | $2471809.19   | 0.23%             | 2028-02-16      | Floating      | 4.75%                 | Yes           |                  2 | On Loan: No      |
| READY CAPITAL MORTGAGE FINANCING LLC                           | READY CAPITAL MORTGAGE FINANCING 2023 FL11 LLC     | CUSIP: 75575RAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    590000 | PA      | $589631.13    | 0.05%             | 2039-10-25      | Floating      | 7.21%                 | Yes           |                  2 | On Loan: No      |
| HOA FUNDING LLC 0 08 20 51                                     | HOA FUNDING LLC 0 08 20 51                         | CUSIP: 403ESCAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    900000 | PA      | $0.00         | 0.00%             | 2051-08-20      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| ACHM TRUST                                                     | ACHM TRUST 2024 HE2                                | CUSIP: 00112DAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    643848 | PA      | $654135.91    | 0.06%             | 2039-10-25      | Variable      | 5.35%                 | Yes           |                  2 | On Loan: No      |
| SALT TRUST                                                     | STONEPEAK 2021 1 ABS                               | CUSIP: 78433XAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    137921 | PA      | $134834.22    | 0.01%             | 2033-02-28      | Fixed         | 2.30%                 | Yes           |                  2 | On Loan: No      |
| ARIVO ACCEPTANCE AUTO LOAN RECEIVABLES TRUST                   | ARIVO ACCEPTANCE AUTO LOAN RECEIVABLES TRUST 2025  | CUSIP: 039962AD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2526594.75   | 0.24%             | 2032-01-15      | Fixed         | 5.82%                 | Yes           |                  2 | On Loan: No      |
| MERION RE 2022 2                                               | MERION RE 2022 2                                   | CUSIP: S00393272<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    363953 | PA      | $221941.73    | 0.02%             | 2027-12-31      | None          | 0.00%                 | Yes           |                  3 | On Loan: No      |
| JPMORGAN CHASE & CO.                                           | JPMORGAN CHASE CO                                  | CUSIP: 46647PEU6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3670000 | PA      | $3737014.90   | 0.35%             | 2029-01-24      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| LAD AUTO RECEIVABLES TRUST                                     | LAD AUTO RECEIVABLES TRUST 2024 1                  | CUSIP: 501689AG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1031824.70   | 0.10%             | 2031-06-16      | Fixed         | 6.15%                 | Yes           |                  2 | On Loan: No      |
| OCTANE RECEIVABLES TRUST                                       | OCTANE RECEIVABLES TRUST 2023 2                    | CUSIP: 67571QAF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3423000 | PA      | $3709500.65   | 0.35%             | 2031-06-20      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Bank, National Association                      | MORGAN STANLEY BANK NA                             | CUSIP: 61690DK72<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2548163.90   | 0.24%             | 2029-01-12      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE TRUST 2005 W3                           | CUSIP: 31394FSD8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     30433 | PA      | $30969.90     | 0.00%             | 2045-04-25      | Variable      | 4.86%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31396PZS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     10366 | PA      | $10285.06     | 0.00%             | 2037-03-25      | Floating      | 4.14%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31392F6W2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     30540 | PA      | $30492.95     | 0.00%             | 2032-12-18      | Floating      | 4.17%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FINANCE (USA) PLC                                    | RIO TINTO FINANCE USA PLC                          | CUSIP: 76720AAR7<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |   2650000 | PA      | $2687358.35   | 0.25%             | 2028-03-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WIRECO WORLDGROUP INC.                                         | WIRECO                                             | CUSIP: 97654QAK3<br>LEI: 5493008NQ1Q5T2GZOJ37 | Long             | LON              | CORP              | US        |    128462 | PA      | $128379.83    | 0.01%             | 2028-11-13      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| DELL INC.                                                      | DELL INC                                           | CUSIP: 247025AE9<br>LEI: 3E70L4WYANTIWWIPHC81 | Long             | DBT              | CORP              | US        |   1595000 | PA      | $1693081.99   | 0.16%             | 2028-04-15      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS MORTGAGE SECURITIES INCORPORATED                  | BEAR STEARNS MORTGAGE SECURITIES INC               | CUSIP: 073914WE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       951 | PA      | $949.69       | 0.00%             | 2030-06-25      | Variable      | 4.96%                 | No            |                  2 | On Loan: No      |
| United States of America                                       | U S TREASURY NOTE                                  | CUSIP: 91282CKK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13000000 | PA      | $13023867.22  | 1.21%             | 2026-04-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank, National Association                      | MORGAN STANLEY BANK NA                             | CUSIP: 61690U8B9<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   2780000 | PA      | $2829871.89   | 0.26%             | 2028-05-26      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                  | FREDDIE MAC STACR REMIC TRUST 2021 DNA5            | CUSIP: 35564KHE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    292016 | PA      | $293286.52    | 0.03%             | 2034-01-25      | Floating      | 9.17%                 | Yes           |                  2 | On Loan: No      |
| ELARA HGV TIMESHARE                                            | ELARA HGV TIMESHARE ISSUER 2025 A LLC              | CUSIP: 28416VAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    838953 | PA      | $845789.03    | 0.08%             | 2040-01-25      | Fixed         | 6.91%                 | Yes           |                  2 | On Loan: No      |
| NEW CENTURY HOME EQUITY LOAN TRUST                             | NEW CENTURY HOME EQUITY LOAN TRUST 2004 A          | CUSIP: 64352VGW5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1038 | PA      | $2176.05      | 0.00%             | 2034-08-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31396XQJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     27427 | PA      | $27457.72     | 0.00%             | 2037-09-25      | Floating      | 4.36%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST                                     | VERUS SECURITIZATION TRUST 2024 3                  | CUSIP: 92540MAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3284000 | PA      | $3331547.39   | 0.31%             | 2069-04-25      | Variable      | 6.89%                 | Yes           |                  2 | On Loan: No      |
| ALLY FINANCIAL INC.                                            | ALLY FINANCIAL INC                                 | CUSIP: 02005NBR0<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2201270.34   | 0.21%             | 2027-11-15      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| PRESTIGE AUTO RECEIVABLES TRUST                                | PRESTIGE AUTO RECEIVABLES TRUST 2023 2             | CUSIP: 74113VAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1880000 | PA      | $1894465.47   | 0.18%             | 2029-08-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| TIDEWATER AUTO RECEIVABLES TRUST                               | TIDEWATER AUTO RECEIVABLES TRUST 2020 A            | CUSIP: 88641WAF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    470698 | PA      | $469276.62    | 0.04%             | 2028-07-17      | Fixed         | 3.35%                 | Yes           |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                          | WELLS FARGO CO                                     | CUSIP: 95000U3E1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   3800000 | PA      | $3931298.47   | 0.37%             | 2029-07-25      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| ACHM TRUST                                                     | ACHM TRUST 2025 HE3                                | CUSIP: 00449VAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3119926 | PA      | $3163139.56   | 0.29%             | 2055-11-25      | Variable      | 5.20%                 | Yes           |                  2 | On Loan: No      |
| FCCU AUTO RECEIVABLES TRUST                                    | FCCU AUTO RECEIVABLES TRUST 2025 1                 | CUSIP: 31424YAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2360000 | PA      | $2434532.34   | 0.23%             | 2033-07-15      | Fixed         | 6.29%                 | Yes           |                  2 | On Loan: No      |
| OCWEN LOAN INVESTMENT TRUST                                    | ONITY LOAN INVESTMENT TRUST 2024 HB2               | CUSIP: 68278DAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $394060.80    | 0.04%             | 2037-08-25      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| LSEG US FIN CORP.                                              | LSEG US FIN CORP                                   | CUSIP: 50222CAA8<br>LEI: 2138007FV67QQ13CGJ43 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2724662.15   | 0.25%             | 2027-03-28      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                    | BANK OF AMERICA CORP                               | CUSIP: 06051GFL8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2050000 | PA      | $2053118.77   | 0.19%             | 2026-10-22      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST                            | EXETER AUTOMOBILE RECEIVABLES TRUST 2024 5         | CUSIP: 30165BAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1360000 | PA      | $1374844.81   | 0.13%             | 2031-02-18      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD INC.                                  | ALIMENTATION COUCHE TARD INC                       | CUSIP: 01626PAH9<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |   3200000 | PA      | $3184365.22   | 0.30%             | 2027-07-26      | Fixed         | 3.55%                 | Yes           |                  2 | On Loan: No      |
| PRKCM TRUST                                                    | PRKCM 2023 AFC4 TRUST                              | CUSIP: 69380GAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3820000 | PA      | $3866370.98   | 0.36%             | 2058-11-25      | Variable      | 7.94%                 | Yes           |                  2 | On Loan: No      |
| TRAFIGURA SECURITISATION FINANCE PLC                           | TRAFIGURA SECURITISATION FINANCE PLC               | CUSIP: 892725AZ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1610000 | PA      | $1634612.07   | 0.15%             | 2027-11-15      | Fixed         | 7.29%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140AA7F8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1085783 | PA      | $1131543.35   | 0.11%             | 2054-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BXG RECEIVABLES NOTE TRUST                                     | BXG RECEIVABLES NOTE TRUST 2020 A                  | CUSIP: 05608TAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     86319 | PA      | $84435.92     | 0.01%             | 2036-02-28      | Fixed         | 2.49%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31394FG66<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11176 | PA      | $11159.12     | 0.00%             | 2035-02-25      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| THE BROOKLYN UNION GAS COMPANY                                 | BROOKLYN UNION GAS CO THE                          | CUSIP: 114259AN4<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |   2051000 | PA      | $2050595.73   | 0.19%             | 2026-03-10      | Fixed         | 3.41%                 | Yes           |                  2 | On Loan: No      |
| SOLRR AIRCRAFT LIMITED                                         | SOLRR AIRCRAFT 2021 1 LIMITED                      | CUSIP: 83438LAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    321907 | PA      | $309545.73    | 0.03%             | 2046-10-15      | Fixed         | 2.64%                 | Yes           |                  2 | On Loan: No      |
| RADNOR RE/ESSENT                                               | RADNOR RE 2023 1 LTD                               | CUSIP: 75050KAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    460000 | PA      | $472176.66    | 0.04%             | 2033-07-25      | Floating      | 8.02%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31348S4G6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        31 | PA      | $30.80        | 0.00%             | 2028-01-01      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140AQZW5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1531461 | PA      | $1576556.59   | 0.15%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BLUE OWL ASSET LEASING TRUST                                   | BLUE OWL ASSET LEASING TRUST 2024 1 LLC            | CUSIP: 095921AC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1100000 | PA      | $1112298.44   | 0.10%             | 2030-03-15      | Fixed         | 5.41%                 | Yes           |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD.                                   | ROYAL CARIBBEAN CRUISES LTD                        | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   5000000 | PA      | $5109001.30   | 0.48%             | 2028-04-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FREDDIE MAC POOL                                   | CUSIP: 3132E0DH2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    891795 | PA      | $930430.06    | 0.09%             | 2053-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BANQUE ROYALE DU CANADA                                        | ROYAL BANK OF CANADA                               | CUSIP: 78017FZQ9<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   2800000 | PA      | $2813110.52   | 0.26%             | 2027-10-18      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| NOVASTAR HOME EQUITY LOAN                                      | NOVASTAR MORTGAGE FUNDING TRUST SERIES 2003 1      | CUSIP: 66987XCE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     17528 | PA      | $17430.46     | 0.00%             | 2033-05-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATING COMPANY INC.                         | HILTON DOMESTIC OPERATING CO INC                   | CUSIP: 43289DAK9<br>LEI: 5493003EG7H0N1E4XV50 | Long             | LON              | CORP              | US        |    247249 | PA      | $248569.89    | 0.02%             | 2030-11-08      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Long Point Re IV Ltd                                           | LONG POINT RE IV LTD                               | CUSIP: 54279PAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    250000 | PA      | $250750.00    | 0.02%             | 2026-06-01      | Variable      | 7.92%                 | Yes           |                  2 | On Loan: No      |
| XCALI MORTGAGE TRUST                                           | XCALI 2020 5 MORTGAGE TRUST                        | CUSIP: 98401JAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     94358 | PA      | $94108.60     | 0.01%             | 2026-04-30      | Floating      | 7.04%                 | Yes           |                  2 | On Loan: No      |
| READYCAP LENDING SMALL BUSINESS LOAN TRUST                     | READYCAP LENDING SMALL BUSINESS LOAN TRUST 2023 3  | CUSIP: 75576AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    514074 | PA      | $521379.41    | 0.05%             | 2048-04-25      | Floating      | 6.82%                 | Yes           |                  2 | On Loan: No      |
| Nordea Bank Abp                                                | NORDEA BANK ABP                                    | CUSIP: 65558RAG4<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |   2600000 | PA      | $2633594.29   | 0.25%             | 2027-03-19      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ALLY FINANCIAL INC.                                            | ALLY FINANCIAL INC                                 | CUSIP: 02005NBQ2<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2721110.30   | 0.25%             | 2027-06-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ACRES COMMERCIAL REALTY LTD                                    | ACRES COMMERCIAL REALTY 2026 FL4 ISSUER LLC        | CUSIP: 00501XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3210000 | PA      | $3221954.68   | 0.30%             | 2044-08-18      | Floating      | 5.20%                 | Yes           |                  2 | On Loan: No      |
| The Bank of New York Mellon Corporation                        | BANK OF NEW YORK MELLON CORP THE                   | CUSIP: 06406RBQ9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1802905.45   | 0.17%             | 2027-04-26      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| HOME RE LIMITED                                                | HOME RE 2026 1 LTD                                 | CUSIP: 436956AB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1670000 | PA      | $1673882.58   | 0.16%             | 2036-01-25      | Floating      | 5.85%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                              | CAPITAL ONE FINANCIAL CORP                         | CUSIP: 14040HDB8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1121821.05   | 0.10%             | 2027-10-29      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL FUNDING                                 | PROTECTIVE LIFE GLOBAL FUNDING                     | CUSIP: 74368CCD4<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   4880000 | PA      | $4886027.09   | 0.46%             | 2029-01-15      | Fixed         | 4.16%                 | Yes           |                  2 | On Loan: No      |
| GOLDMAN SACHS BANK USA                                         | GOLDMAN SACHS BANK USA NEW YORK NY                 | CUSIP: 38151LAG5<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1303932.53   | 0.12%             | 2027-05-21      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| CWABS ASSET-BACKED CERTIFICATES TRUST                          | COUNTRYWIDE ASSET BACKED CERTIFICATES              | CUSIP: 126673FK3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    115920 | PA      | $113215.48    | 0.01%             | 2034-09-25      | Floating      | 4.89%                 | Yes           |                  2 | On Loan: No      |
| BANK OF MONTREAL                                               | BANK OF MONTREAL                                   | CUSIP: 06368L8K5<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | RF                | CA        |   4400000 | PA      | $4415372.19   | 0.41%             | 2027-09-10      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                    | FREDDIE MAC POOL                                   | CUSIP: 3133W9R86<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1857310 | PA      | $1941589.49   | 0.18%             | 2054-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MERRILL LYNCH MORTGAGE TRUST                                   | MERRILL LYNCH MORTGAGE INVESTORS TRUST SERIES MLCC | CUSIP: 5899296M5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     32708 | PA      | $28795.83     | 0.00%             | 2029-01-25      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| BANQUE NATIONALE DU CANADA                                     | NATIONAL BANK OF CANADA                            | CUSIP: 63307A3K9<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |   1820000 | PA      | $1826555.46   | 0.17%             | 2029-01-20      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| AQUA FINANCE TRUST                                             | AQUA FINANCE TRUST 2019 A                          | CUSIP: 038370AC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    577940 | PA      | $569788.74    | 0.05%             | 2040-07-16      | Fixed         | 4.01%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                    | FREDDIE MAC STRIPS                                 | CUSIP: 3128HVJ59<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     12587 | PA      | $12532.75     | 0.00%             | 2036-05-15      | Floating      | 4.17%                 | No            |                  2 | On Loan: No      |
| RADNOR RE/ESSENT                                               | RADNOR RE 2021 2 LTD                               | CUSIP: 75049GAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    402662 | PA      | $406106.50    | 0.04%             | 2031-11-25      | Floating      | 7.37%                 | Yes           |                  2 | On Loan: No      |
| OCWEN LOAN INVESTMENT TRUST                                    | OCWEN LOAN INVESTMENT TRUST 2024 HB1               | CUSIP: 675952AD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1941484.40   | 0.18%             | 2037-02-25      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| SANTANDER BANK, N.A.                                           | SANTANDER BANK AUTO CREDIT LINKED NOTES SERIES 202 | CUSIP: 80290CCE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    488440 | PA      | $499655.87    | 0.05%             | 2033-12-15      | Fixed         | 8.41%                 | Yes           |                  2 | On Loan: No      |
| FNA VII, LLC                                                   | FNA 8 LLC                                          | CUSIP: 30340WAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2891422 | PA      | $2920235.69   | 0.27%             | 2045-03-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST                        | SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2023 FIG4  | CUSIP: 79581UAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    732275 | PA      | $767971.60    | 0.07%             | 2053-11-25      | Fixed         | 6.72%                 | Yes           |                  2 | On Loan: No      |
| READYCAP LENDING SMALL BUSINESS LOAN TRUST                     | READYCAP LENDING SMALL BUSINESS LOAN TRUST 2019 2  | CUSIP: 75576QAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     60116 | PA      | $60073.76     | 0.01%             | 2044-12-27      | Variable      | 6.25%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2024 R05       | CUSIP: 20754XAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     75155 | PA      | $75154.44     | 0.01%             | 2044-07-25      | Floating      | 4.67%                 | Yes           |                  2 | On Loan: No      |
| Truist Bank                                                    | TRUIST BANK                                        | CUSIP: 89788JAJ8<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |   4680000 | PA      | $4691104.10   | 0.44%             | 2029-01-27      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| FHF TRUST                                                      | FHF ISSUER TRUST 2024 1                            | CUSIP: 31568AAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    602370 | PA      | $606898.02    | 0.06%             | 2030-02-15      | Fixed         | 5.69%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31396V5C8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     26363 | PA      | $26142.83     | 0.00%             | 2037-06-25      | Floating      | 4.02%                 | No            |                  2 | On Loan: No      |
| ELANCO ANIMAL HEALTH INCORPORATED                              | ELANCO ANIMAL HEALTH INC                           | CUSIP: 28414BAJ5<br>LEI: 549300SHPNDCE059M934 | Long             | LON              | CORP              | US        |    257310 | PA      | $257845.92    | 0.02%             | 2032-10-28      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| LINCOLN FINANCIAL GLOBAL FUNDING                               | LINCOLN FINANCIAL GLOBAL FUNDING                   | CUSIP: 53359KAD3<br>LEI: 984500OC010458395923 | Long             | DBT              | CORP              | US        |   1285000 | PA      | $1281520.53   | 0.12%             | 2029-01-12      | Fixed         | 4.20%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                          | FANNIE MAE REMICS                                  | CUSIP: 31392GRS6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7271 | PA      | $7274.25      | 0.00%             | 2033-01-25      | Floating      | 4.28%                 | No            |                  2 | On Loan: No      |
| BAYVIEW OPPORTUNITY MASTER FUND TRUST                          | BAYVIEW OPPORTUNITY MASTER FUND VII 2024 EDU1 LLC  | CUSIP: 07336PAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2620455 | PA      | $2624794.73   | 0.24%             | 2047-06-25      | Floating      | 5.27%                 | Yes           |                  2 | On Loan: No      |
| DEERPATH CAPITAL CLO LTD                                       | DEERPATH CAPITAL CLO 2021 1 LTD                    | CUSIP: 24460EAU6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1910000 | PA      | $1912735.12   | 0.18%             | 2036-07-15      | Floating      | 5.47%                 | Yes           |                  2 | On Loan: No      |
| POST ROAD EQUIPMENT FINANCE LLC                                | POST ROAD EQUIPMENT FINANCE 2024 1 LLC             | CUSIP: 737473AD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    710000 | PA      | $718914.12    | 0.07%             | 2030-10-15      | Fixed         | 5.81%                 | Yes           |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                      | TORONTO DOMINION BANK THE                          | CUSIP: 89115A2S0<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   2100000 | PA      | $2112425.09   | 0.20%             | 2026-07-17      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                            | CONNECTICUT AVENUE SECURITIES TRUST 2024 R06       | CUSIP: 20755RAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1075139 | PA      | $1076812.56   | 0.10%             | 2044-09-25      | Floating      | 5.27%                 | Yes           |                  2 | On Loan: No      |
| FORTITUDE GLOBAL FUNDING                                       | FORTITUDE GLOBAL FUNDING                           | CUSIP: 34967GAA2<br>LEI: 635400TKBOGEHNO5RT68 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5016194.65   | 0.47%             | 2028-10-06      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| CNO GLOBAL FUNDING                                             | CNO GLOBAL FUNDING                                 | CUSIP: 18977W2G4<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |   1005000 | PA      | $1014685.75   | 0.09%             | 2027-12-10      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| DELTA AIR LINES, INC.                                          | DELTA AIR LINES INC                                | CUSIP: 247361A24<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |   2880000 | PA      | $2927874.41   | 0.27%             | 2028-07-10      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-30

**Name of Applicant:** Victory Portfolios IV

**Signature:** Carol Trevino

**Name of Signer:** Carol Trevino

**Title:** Treasurer