# EDGAR Filing Document

**Accession Number:** 0001710607
**File Stem:** 0001145549-23-001679
**Filing Date:** 2023-1
**Character Count:** 204151
**Document Hash:** 8df2554026d53bb00360fae323c7ff20
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-001679.hdr.sgml**: 20230119

**ACCESSION NUMBER**: 0001145549-23-001679

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230119

**DATE AS OF CHANGE**: 20230119

**PERIOD START**: 20230831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN CENTURY ETF TRUST
- **CENTRAL INDEX KEY:** 0001710607
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23305
- **FILM NUMBER:** 23537243

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

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

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

## Series and Classes Contracts Data

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

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

## Nport-Ex

**American Century Investments**<sup>®</sup>

**Quarterly Portfolio Holdings**

**American Century**<sup>®</sup> **Multisector Income ETF (MUSI)**

**November 30, 2022**

------

---

| |
|:---|
| **<u>American Century Multisector Income ETF - Schedule of Investments</u>** |
| **NOVEMBER 30, 2022 (UNAUDITED)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares/<br>Principal Amount ($)** | **Value ($)** |
| **CORPORATE BONDS — 41.0%** | | |
| **Aerospace and Defense — 0.3%** | | |
| Spirit AeroSystems, Inc., 9.375%, 11/30/29<sup>(1)</sup> | 155000 | 163331 |
| TransDigm, Inc., 4.625%, 1/15/29 | 205000 | 180615 |
|  |  | 343946 |
| **Airlines — 1.2%** |  |  |
| American Airlines, Inc., 11.75%, 7/15/25<sup>(1)</sup> | 490000 | 544808 |
| American Airlines, Inc. / AAdvantage Loyalty IP Ltd., 5.50%, 4/20/26<sup>(1)</sup> | 205000 | 199157 |
| Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd., 6.50%, 6/20/27<sup>(1)</sup> | 216231 | 215419 |
| Spirit Loyalty Cayman Ltd. / Spirit IP Cayman Ltd., 8.00%, 9/20/25<sup>(1)</sup> | 195000 | 197864 |
| United Airlines Pass Through Trust, Series 2020-1, Class B, 4.875%, 7/15/27 | 354330 | 335691 |
|  |  | 1492939 |
| **Automobiles — 0.8%** |  |  |
| Ford Motor Co., 6.10%, 8/19/32 | 300000 | 288230 |
| Ford Motor Credit Co. LLC, 4.95%, 5/28/27 | 260000 | 246338 |
| General Motors Financial Co., Inc., 3.80%, 4/7/25 | 415000 | 401316 |
| General Motors Financial Co., Inc., 4.30%, 7/13/25 | 96000 | 93291 |
|  |  | 1029175 |
| **Banks — 5.9%** |  |  |
| Bank of America Corp., VRN, 1.73%, 7/22/27 | 100000 | 87683 |
| Bank of America Corp., VRN, 6.20%, 11/10/28 | 553000 | 572304 |
| Bank of America Corp., VRN, 4.57%, 4/27/33 | 90000 | 83948 |
| Bank of America Corp., VRN, 5.02%, 7/22/33 | 88000 | 85020 |
| Canadian Imperial Bank of Commerce, 3.45%, 4/7/27 | 615000 | 579824 |
| Citigroup, Inc., VRN, 5.61%, 9/29/26 | 565000 | 567135 |
| Discover Bank, VRN, 4.68%, 8/9/28 | 935000 | 900683 |
| Fifth Third Bancorp, VRN, 6.36%, 10/27/28 | 435000 | 450715 |
| HSBC Holdings PLC, 4.25%, 8/18/25 | 200000 | 192131 |
| HSBC Holdings PLC, VRN, 5.40%, 8/11/33 | 299000 | 280325 |
| Huntington National Bank, 5.65%, 1/10/30 | 435000 | 438572 |
| JPMorgan Chase & Co., 3.30%, 4/1/26 | 100000 | 95600 |
| JPMorgan Chase & Co., VRN, 2.07%, 6/1/29 | 78000 | 65659 |
| JPMorgan Chase & Co., VRN, 2.52%, 4/22/31 | 66000 | 54663 |
| Morgan Stanley, VRN, 0.99%, 12/10/26 | 100000 | 87746 |
| Morgan Stanley, VRN, 6.34%, 10/18/33 | 375000 | 399126 |
| NatWest Group PLC, VRN, 5.52%, 9/30/28 | 475000 | 467088 |
| Royal Bank of Canada, 4.65%, 1/27/26 | 200000 | 198140 |
| Royal Bank of Canada, 6.00%, 11/1/27 | 270000 | 281082 |
| Societe Generale SA, VRN, 3.65%, 7/8/35<sup>(1)</sup> | 350000 | 273392 |
| Toronto-Dominion Bank, 2.00%, 9/10/31 | 215000 | 169575 |
| Toronto-Dominion Bank, 2.45%, 1/12/32 | 260000 | 211524 |
| Toronto-Dominion Bank, 3.20%, 3/10/32 | 200000 | 173159 |
| UniCredit SpA, VRN, 5.86%, 6/19/32<sup>(1)</sup> | 335000 | 291961 |
| US Bancorp, VRN, 5.85%, 10/21/33 | 325000 | 339088 |
| Wells Fargo & Co., 3.00%, 10/23/26 | 100000 | 93446 |
| Wells Fargo & Co., VRN, 4.54%, 8/15/26 | 80000 | 78414 |
|  |  | 7518003 |
| **Beverages — 0.2%** |  |  |
| PepsiCo, Inc., 3.60%, 2/18/28 | 207000 | 200628 |
| **Building Products — 0.5%** |  |  |
| Builders FirstSource, Inc., 5.00%, 3/1/30<sup>(1)</sup> | 590000 | 524247 |

---

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---

| | | |
|:---|:---|:---|
| Standard Industries, Inc., 4.375%, 7/15/30<sup>(1)</sup> | 185000 | 151968 |
|  |  | 676215 |
| **Capital Markets — 3.3%** |  |  |
| Deutsche Bank AG, VRN, 4.30%, 5/24/28 | 600000 | 558053 |
| FS KKR Capital Corp., 4.25%, 2/14/25<sup>(1)</sup> | 761000 | 716003 |
| Goldman Sachs Group, Inc., 4.00%, 3/3/24 | 100000 | 98879 |
| Goldman Sachs Group, Inc., VRN, 1.95%, 10/21/27 | 314000 | 275056 |
| Goldman Sachs Group, Inc., VRN, 2.64%, 2/24/28 | 415000 | 370513 |
| Goldman Sachs Group, Inc., VRN, 3.81%, 4/23/29 | 34000 | 31309 |
| Morgan Stanley, VRN, 2.63%, 2/18/26 | 240000 | 225887 |
| Morgan Stanley, VRN, 2.70%, 1/22/31 | 705000 | 591588 |
| Morgan Stanley, VRN, 2.48%, 9/16/36 | 97000 | 72177 |
| Owl Rock Capital Corp., 3.40%, 7/15/26 | 718000 | 632399 |
| UBS Group AG, VRN, 2.75%, 2/11/33<sup>(1)</sup> | 860000 | 671977 |
|  |  | 4243841 |
| **Chemicals — 0.8%** |  |  |
| Braskem Idesa SAPI, 6.99%, 2/20/32<sup>(1)</sup> | 200000 | 142002 |
| Celanese US Holdings LLC, 5.90%, 7/5/24 | 490000 | 487176 |
| Tronox, Inc., 4.625%, 3/15/29<sup>(1)</sup> | 415000 | 334643 |
|  |  | 963821 |
| **Commercial Services and Supplies — 0.1%** |  |  |
| United Rentals North America, Inc., 6.00%, 12/15/29 | 125000 | 125864 |
| **Construction and Engineering — 0.4%** |  |  |
| IHS Netherlands Holdco BV, 8.00%, 9/18/27 | 550000 | 462011 |
| **Consumer Finance — 1.7%** |  |  |
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust, 4.45%, 4/3/26 | 150000 | 144028 |
| Air Lease Corp., 2.75%, 1/15/23 | 660000 | 657471 |
| Air Lease Corp., 0.80%, 8/18/24 | 100000 | 92026 |
| Navient Corp., 5.50%, 1/25/23 | 319000 | 318563 |
| Navient Corp., 6.125%, 3/25/24 | 320000 | 319230 |
| OneMain Finance Corp., 8.25%, 10/1/23 | 650000 | 650748 |
|  |  | 2182066 |
| **Containers and Packaging — 1.3%** |  |  |
| Ball Corp., 6.875%, 3/15/28<sup>(2)</sup> | 395000 | 408944 |
| Owens-Brockway Glass Container, Inc., 5.375%, 1/15/25<sup>(1)(2)</sup> | 690000 | 656725 |
| Sealed Air Corp., 5.00%, 4/15/29<sup>(1)(2)</sup> | 625000 | 581881 |
|  |  | 1647550 |
| **Diversified Consumer Services — 0.1%** |  |  |
| CME Group, Inc., 2.65%, 3/15/32 | 150000 | 128174 |
| **Diversified Financial Services — 0.2%** |  |  |
| Block Financial LLC, 3.875%, 8/15/30 | 312000 | 275183 |
| **Diversified Telecommunication Services — 1.3%** |  |  |
| AT&T, Inc., 4.50%, 5/15/35 | 160000 | 146761 |
| Cogent Communications Group, Inc., 7.00%, 6/15/27<sup>(1)</sup> | 600000 | 585657 |
| Level 3 Financing, Inc., 3.40%, 3/1/27<sup>(1)</sup> | 625000 | 534124 |
| Telecom Italia SpA, 5.30%, 5/30/24<sup>(1)</sup> | 465000 | 450996 |
|  |  | 1717538 |
| **Electric Utilities — 1.1%** |  |  |
| American Electric Power Co., Inc., VRN, 3.875%, 2/15/62 | 430000 | 333128 |
| FEL Energy VI Sarl, 5.75%, 12/1/40<sup>(1)</sup> | 753511 | 621330 |
| Sempra Energy, VRN, 4.125%, 4/1/52 | 540000 | 420846 |
|  |  | 1375304 |
| **Electronic Equipment, Instruments and Components — 0.2%** |  |  |
| Sensata Technologies BV, 5.875%, 9/1/30<sup>(1)</sup> | 300000 | 285247 |

---

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| | | |
|:---|:---|:---|
| **Entertainment — 0.3%** | | |
| Warnermedia Holdings, Inc., 3.76%, 3/15/27<sup>(1)</sup> | 145000 | 132214 |
| Warnermedia Holdings, Inc., 5.14%, 3/15/52<sup>(1)</sup> | 257000 | 199433 |
|  |  | 331647 |
| **Equity Real Estate Investment Trusts (REITs) — 3.4%** |  |  |
| EPR Properties, 4.75%, 12/15/26 | 473000 | 422230 |
| EPR Properties, 4.95%, 4/15/28 | 89000 | 77301 |
| ERP Operating LP, 4.15%, 12/1/28 | 40000 | 37783 |
| Iron Mountain, Inc., 5.625%, 7/15/32<sup>(1)</sup> | 760000 | 672693 |
| iStar, Inc., 4.75%, 10/1/24 | 67000 | 66007 |
| iStar, Inc., 4.25%, 8/1/25<sup>(2)</sup> | 320000 | 312562 |
| National Retail Properties, Inc., 4.30%, 10/15/28 | 690000 | 644948 |
| SBA Tower Trust, 3.45%, 3/15/48<sup>(1)</sup> | 246000 | 246000 |
| Spirit Realty LP, 3.40%, 1/15/30 | 680000 | 563552 |
| VICI Properties LP, 4.375%, 5/15/25 | 385000 | 370976 |
| VICI Properties LP / VICI Note Co., Inc., 4.125%, 8/15/30<sup>(1)(2)</sup> | 620000 | 538056 |
| Welltower, Inc., 2.70%, 2/15/27 | 100000 | 91112 |
| Welltower, Inc., 4.25%, 4/15/28 | 355000 | 336207 |
|  |  | 4379427 |
| **Food and Staples Retailing — 0.4%** |  |  |
| United Natural Foods, Inc., 6.75%, 10/15/28<sup>(1)</sup> | 505000 | 490466 |
| **Health Care Equipment and Supplies — 0.4%** |  |  |
| Medline Borrower LP, 3.875%, 4/1/29<sup>(1)</sup> | 585000 | 503618 |
| **Health Care Providers and Services — 0.6%** |  |  |
| Centene Corp., 3.375%, 2/15/30<sup>(2)</sup> | 390000 | 332706 |
| Tenet Healthcare Corp., 6.125%, 10/1/28<sup>(1)</sup> | 537000 | 474748 |
|  |  | 807454 |
| **Hotels, Restaurants and Leisure — 1.8%** |  |  |
| Caesars Entertainment, Inc., 4.625%, 10/15/29<sup>(1)(2)</sup> | 435000 | 364887 |
| Carnival Corp., 5.75%, 3/1/27<sup>(1)</sup> | 165000 | 122925 |
| CDI Escrow Issuer, Inc., 5.75%, 4/1/30<sup>(1)</sup> | 380000 | 352976 |
| Penn Entertainment, Inc., 4.125%, 7/1/29<sup>(1)(2)</sup> | 735000 | 600366 |
| Scientific Games International, Inc., 7.25%, 11/15/29<sup>(1)</sup> | 450000 | 441399 |
| Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp., 5.25%, 5/15/27<sup>(1)(2)</sup> | 405000 | 371606 |
|  |  | 2254159 |
| **Household Durables — 0.1%** |  |  |
| Safehold Operating Partnership LP, 2.85%, 1/15/32 | 211000 | 162517 |
| **Insurance — 0.2%** |  |  |
| Sammons Financial Group, Inc., 4.75%, 4/8/32<sup>(1)</sup> | 47000 | 39723 |
| SBL Holdings, Inc., VRN, 6.50%<sup>(1)(3)</sup> | 365000 | 278312 |
|  |  | 318035 |
| **Internet and Direct Marketing Retail — 0.1%** |  |  |
| B2W Digital Lux Sarl, 4.375%, 12/20/30<sup>(1)</sup> | 200000 | 124984 |
| **Life Sciences Tools and Services — 0.5%** |  |  |
| Illumina, Inc., 5.80%, 12/12/25<sup>(4)</sup> | 630000 | 633637 |
| **Media — 2.6%** |  |  |
| AMC Networks, Inc., 4.25%, 2/15/29<sup>(2)</sup> | 439000 | 327740 |
| CCO Holdings LLC / CCO Holdings Capital Corp., 6.375%, 9/1/29<sup>(1)(2)</sup> | 570000 | 543706 |
| Comcast Corp., 5.50%, 11/15/32 | 220000 | 230803 |
| Comcast Corp., 6.50%, 11/15/35 | 100000 | 112146 |
| DISH DBS Corp., 5.25%, 12/1/26<sup>(1)</sup> | 580000 | 499018 |
| DISH Network Corp., 11.75%, 11/15/27<sup>(1)</sup> | 505000 | 519685 |
| iHeartCommunications, Inc., 8.375%, 5/1/27<sup>(2)</sup> | 250000 | 222910 |
| Paramount Global, VRN, 6.25%, 2/28/57 | 430000 | 360125 |

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| | | |
|:---|:---|:---|
| Paramount Global, VRN, 6.375%, 3/30/62 | 415000 | 343791 |
| VTR Finance NV, 6.375%, 7/15/28<sup>(1)</sup> | 300000 | 132750 |
|  |  | 3292674 |
| **Metals and Mining — 1.4%** |  |  |
| Alcoa Nederland Holding BV, 4.125%, 3/31/29<sup>(1)</sup> | 445000 | 390799 |
| ArcelorMittal SA, 6.55%, 11/29/27 | 480000 | 484415 |
| ATI, Inc., 4.875%, 10/1/29<sup>(2)</sup> | 295000 | 252004 |
| Cleveland-Cliffs, Inc., 4.625%, 3/1/29<sup>(1)(2)</sup> | 530000 | 464704 |
| GUSAP III LP, 4.25%, 1/21/30<sup>(1)</sup> | 250000 | 226791 |
|  |  | 1818713 |
| **Mortgage Real Estate Investment Trusts (REITs) — 0.6%** |  |  |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp., 5.25%, 10/1/25<sup>(1)</sup> | 669000 | 636446 |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp., 4.75%, 6/15/29<sup>(1)</sup> | 221000 | 180924 |
|  |  | 817370 |
| **Multiline Retail — 0.1%** |  |  |
| Macy's Retail Holdings LLC, 5.875%, 3/15/30<sup>(1)</sup> | 85000 | 76827 |
| **Oil, Gas and Consumable Fuels — 5.4%** |  |  |
| Antero Resources Corp., 5.375%, 3/1/30<sup>(1)</sup> | 565000 | 530111 |
| Blue Racer Midstream LLC / Blue Racer Finance Corp., 7.625%, 12/15/25<sup>(1)</sup> | 405000 | 409172 |
| Callon Petroleum Co., 7.50%, 6/15/30<sup>(1)(2)</sup> | 150000 | 142918 |
| Comstock Resources, Inc., 5.875%, 1/15/30<sup>(1)</sup> | 560000 | 516712 |
| CrownRock LP / CrownRock Finance, Inc., 5.00%, 5/1/29<sup>(1)</sup> | 565000 | 521156 |
| Ecopetrol SA, 5.875%, 9/18/23 | 530000 | 526960 |
| EQM Midstream Partners LP, 7.50%, 6/1/27<sup>(1)</sup> | 380000 | 384448 |
| Geopark Ltd., 5.50%, 1/17/27<sup>(1)</sup> | 800000 | 702076 |
| Holly Energy Partners LP / Holly Energy Finance Corp., 6.375%, 4/15/27<sup>(1)</sup> | 225000 | 220510 |
| MEG Energy Corp., 5.875%, 2/1/29<sup>(1)</sup> | 645000 | 612786 |
| Occidental Petroleum Corp., 6.375%, 9/1/28 | 520000 | 531515 |
| Occidental Petroleum Corp., 6.125%, 1/1/31<sup>(2)</sup> | 384000 | 390067 |
| Petroleos Mexicanos, 3.50%, 1/30/23 | 300000 | 297972 |
| Petroleos Mexicanos, 5.95%, 1/28/31 | 450000 | 337865 |
| Petroleos Mexicanos, 6.70%, 2/16/32 | 85000 | 65875 |
| Southwestern Energy Co., 5.375%, 3/15/30 | 650000 | 611917 |
|  |  | 6802060 |
| **Pharmaceuticals — 0.4%** |  |  |
| Owens & Minor, Inc., 6.625%, 4/1/30<sup>(1)</sup> | 565000 | 502850 |
| **Semiconductors and Semiconductor Equipment — 0.4%** |  |  |
| Broadcom, Inc., 4.00%, 4/15/29<sup>(1)</sup> | 308000 | 281212 |
| Micron Technology, Inc., 6.75%, 11/1/29 | 275000 | 286596 |
|  |  | 567808 |
| **Software — 0.5%** |  |  |
| Gen Digital, Inc., 7.125%, 9/30/30<sup>(1)(2)</sup> | 570000 | 575307 |
| **Technology Hardware, Storage and Peripherals — 0.7%** |  |  |
| Condor Merger Sub, Inc., 7.375%, 2/15/30<sup>(1)(2)</sup> | 570000 | 467691 |
| Dell International LLC / EMC Corp., 6.02%, 6/15/26 | 270000 | 275885 |
| Dell International LLC / EMC Corp., 6.10%, 7/15/27 | 100000 | 102846 |
|  |  | 846422 |
| **Thrifts and Mortgage Finance — 0.4%** |  |  |
| Nationwide Building Society, 4.85%, 7/27/27<sup>(1)</sup> | 497000 | 486682 |
| **Wireless Telecommunication Services — 1.3%** |  |  |
| Kenbourne Invest SA, 4.70%, 1/22/28<sup>(1)</sup> | 343000 | 249298 |
| Sprint LLC, 7.125%, 6/15/24 | 285000 | 291408 |
| Sprint LLC, 7.625%, 2/15/25 | 830000 | 860759 |

---

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| | | | |
|:---|:---|:---|:---|
| T-Mobile USA, Inc., 4.375%, 4/15/40 |  | 275000 | 239561 |
|  |  |  | 1641026 |
| **TOTAL CORPORATE BONDS**<br>(Cost $55,353,279) |  |  | **52101188** |
| **U.S. TREASURY SECURITIES — 20.0%** |  |  |  |
| U.S. Treasury Notes, 2.50%, 5/31/24 |  | 2000000 | 1940039 |
| U.S. Treasury Notes, 4.50%, 11/30/24 |  | 7000000 | 7021328 |
| U.S. Treasury Notes, 1.00%, 12/15/24<sup>(5)</sup> |  | 4515000 | 4224171 |
| U.S. Treasury Notes, 1.125%, 1/15/25 |  | 800000 | 748531 |
| U.S. Treasury Notes, 2.875%, 6/15/25 |  | 1400000 | 1356906 |
| U.S. Treasury Notes, 3.125%, 8/15/25 |  | 6000000 | 5845078 |
| U.S. Treasury Notes, 3.875%, 11/30/27 |  | 1000000 | 1003828 |
| U.S. Treasury Notes, 2.875%, 4/30/29 |  | 800000 | 758250 |
| U.S. Treasury Notes, 3.875%, 11/30/29 |  | 900000 | 907946 |
| U.S. Treasury Notes, 0.625%, 5/15/30 |  | 825000 | 663287 |
| U.S. Treasury Notes, 4.125%, 11/15/32 |  | 900000 | 935297 |
| **TOTAL U.S. TREASURY SECURITIES**<br>(Cost $25,695,908) |  |  | **25404661** |
| **ASSET-BACKED SECURITIES — 13.3%** |  |  |  |
| Aligned Data Centers Issuer LLC, Series 2021-1A, Class B, 2.48%, 8/15/46<sup>(1)</sup> |  | 400000 | 330967 |
| Aligned Data Centers Issuer LLC, Series 2022-1A, Class A2 SEQ, 6.35%, 10/15/47<sup>(1)</sup> |  | 350000 | 347092 |
| Applebee's Funding LLC / IHOP Funding LLC, Series 2019-1A, Class A2I SEQ, 4.19%, 6/5/49<sup>(1)</sup> |  | 574200 | 545395 |
| Blackbird Capital Aircraft, Series 2021-1A, Class B, 3.45%, 7/15/46<sup>(1)</sup> |  | 469291 | 353205 |
| CARS-DB4 LP, Series 2020-1A, Class A4, 3.19%, 2/15/50<sup>(1)</sup> |  | 397083 | 371639 |
| CARS-DB4 LP, Series 2020-1A, Class B1, 4.17%, 2/15/50<sup>(1)</sup> |  | 100000 | 91342 |
| CARS-DB4 LP, Series 2020-1A, Class B2, 4.52%, 2/15/50<sup>(1)</sup> |  | 100000 | 87076 |
| Castlelake Aircraft Securitization Trust, Series 2018-1, Class A SEQ, 4.125%, 6/15/43<sup>(1)</sup> |  | 301556 | 264329 |
| Castlelake Aircraft Structured Trust, Series 2021-1A, Class A SEQ, 3.47%, 1/15/46<sup>(1)</sup> |  | 391908 | 331871 |
| CF Hippolyta Issuer LLC, Series 2020-1, Class A1 SEQ, 1.69%, 7/15/60<sup>(1)</sup> |  | 501984 | 444968 |
| CLI Funding VIII LLC, Series 2021-1A, Class A SEQ, 1.64%, 2/18/46<sup>(1)</sup> |  | 410893 | 346999 |
| Clsec Holdings 22t LLC, Series 2021-1, Class C, 6.17%, 5/11/37<sup>(1)</sup> |  | 529183 | 429509 |
| Cologix Canadian Issuer LP, Series 2022-1CAN, Class A2 SEQ, 4.94%, 1/25/52<sup>(1)</sup> | CAD | 450000 | 307441 |
| Cologix Canadian Issuer LP, Series 2022-1CAN, Class C, 7.74%, 1/25/52<sup>(1)</sup> | CAD | 350000 | 239464 |
| Cologix Data Centers US Issuer LLC, Series 2021-1A, Class A2 SEQ, 3.30%, 12/26/51<sup>(1)</sup> |  | 550000 | 483987 |
| Diamond Issuer, Series 2021-1A, Class A SEQ, 2.31%, 11/20/51<sup>(1)</sup> |  | 338000 | 282380 |
| Diamond Issuer, Series 2021-1A, Class C, 3.79%, 11/20/51<sup>(1)</sup> |  | 575000 | 455079 |
| Domino's Pizza Master Issuer LLC, Series 2015-1A, Class A2II SEQ, 4.47%, 10/25/45<sup>(1)</sup> |  | 188000 | 178854 |
| Domino's Pizza Master Issuer LLC, Series 2018-1A, Class A2I SEQ, 4.12%, 7/25/48<sup>(1)</sup> |  | 525120 | 493808 |
| Domino's Pizza Master Issuer LLC, Series 2019-1A, Class A2 SEQ, 3.67%, 10/25/49<sup>(1)</sup> |  | 471663 | 400322 |
| Edgeconnex Data Centers Issuer LLC, Series 2022-1, Class A2 SEQ, 4.25%, 3/25/52<sup>(1)</sup> |  | 292285 | 267940 |
| Falcon Aerospace Ltd., Series 2019-1, Class A SEQ, 3.60%, 9/15/39<sup>(1)</sup> |  | 383526 | 316371 |
| FirstKey Homes Trust, Series 2021-SFR1, Class E1, 2.39%, 8/17/38<sup>(1)</sup> |  | 600000 | 491548 |
| Flexential Issuer, Series 2021-1A, Class A2 SEQ, 3.25%, 11/27/51<sup>(1)</sup> |  | 525000 | 457755 |
| Hilton Grand Vacations Trust, Series 2017-AA, Class B, 2.96%, 12/26/28<sup>(1)</sup> |  | 543102 | 528530 |
| Lunar Aircarft Ltd., Series 2020-1A, Class A SEQ, 3.38%, 2/15/45<sup>(1)</sup> |  | 286415 | 229039 |
| Lunar Structured Aircraft Portfolio Notes, Series 2021-1, Class B, 3.43%, 10/15/46<sup>(1)</sup> |  | 353548 | 271886 |
| MACH 1 Cayman Ltd., Series 2019-1, Class A SEQ, 3.47%, 10/15/39<sup>(1)</sup> |  | 291660 | 256501 |
| MAPS Trust, Series 2021-1A, Class A SEQ, 2.52%, 6/15/46<sup>(1)</sup> |  | 380731 | 315181 |
| NP SPE II LLC, Series 2019-1A, Class A1 SEQ, 2.57%, 9/20/49<sup>(1)</sup> |  | 400733 | 376596 |
| Pioneer Aircraft Finance Ltd., Series 2019-1, Class A SEQ, 3.97%, 6/15/44<sup>(1)</sup> |  | 410436 | 319574 |
| Progress Residential Trust, Series 2021-SFR1, Class D, 1.81%, 4/17/38<sup>(1)</sup> |  | 750000 | 629100 |
| Progress Residential Trust, Series 2021-SFR1, Class E, 2.11%, 4/17/38<sup>(1)</sup> |  | 261000 | 217523 |
| Progress Residential Trust, Series 2021-SFR1, Class F, 2.76%, 4/17/38<sup>(1)</sup> |  | 445000 | 374140 |
| Progress Residential Trust, Series 2021-SFR8, Class E1, 2.38%, 10/17/38<sup>(1)</sup> |  | 200000 | 165415 |
| Sabey Data Center Issuer LLC, Series 2021-1, Class A2 SEQ, 1.88%, 6/20/46<sup>(1)</sup> |  | 323000 | 277686 |

---

------

---

| | | |
|:---|:---|:---|
| Sapphire Aviation Finance II Ltd., Series 2020-1A, Class A SEQ, 3.23%, 3/15/40<sup>(1)</sup> | 187771 | 142040 |
| ServiceMaster Funding LLC, Series 2020-1, Class A2I SEQ, 2.84%, 1/30/51<sup>(1)</sup> | 196500 | 158568 |
| ServiceMaster Funding LLC, Series 2020-1, Class A2II SEQ, 3.34%, 1/30/51<sup>(1)</sup> | 409703 | 309648 |
| Sierra Timeshare Receivables Funding LLC, Series 2022-3A, Class C, 7.63%, 7/20/39<sup>(1)</sup> | 512971 | 516851 |
| Slam Ltd., Series 2021-1A, Class B, 3.42%, 6/15/46<sup>(1)</sup> | 455750 | 370647 |
| Stack Infrastructure Issuer LLC, Series 2019-1A, Class A2 SEQ, 4.54%, 2/25/44<sup>(1)</sup> | 865287 | 845333 |
| Start Ltd., Series 2018-1, Class A SEQ, 4.09%, 5/15/43<sup>(1)</sup> | 558406 | 446470 |
| Trinity Rail Leasing LP, Series 2009-1A, Class A SEQ, 6.66%, 11/16/39<sup>(1)</sup> | 182717 | 178358 |
| Vantage Data Centers Issuer LLC, Series 2018-2A, Class A2 SEQ, 4.20%, 11/15/43<sup>(1)</sup> | 355200 | 345925 |
| Vantage Data Centers Issuer LLC, Series 2020-1A, Class A2 SEQ, 1.65%, 9/15/45<sup>(1)</sup> | 568000 | 496224 |
| VB-S1 Issuer LLC, Series 2022-1A, Class D, 4.29%, 2/15/52<sup>(1)</sup> | 425000 | 359745 |
| Wingstop Funding LLC, Series 2020-1A, Class A2 SEQ, 2.84%, 12/5/50<sup>(1)</sup> | 496250 | 424429 |
| **TOTAL ASSET-BACKED SECURITIES**<br>(Cost $19,025,637) |  | **16874750** |
| **COLLATERALIZED LOAN OBLIGATIONS — 6.0%** |  |  |
| AMMC CLO XIV Ltd., Series 2014-14A, Class BL1R, VRN, 7.96%, (3-month LIBOR plus 3.60%), 7/25/29<sup>(1)</sup> | 500000 | 469527 |
| Arbor Realty Collateralized Loan Obligation Ltd., Series 2020-FL1, Class AS, VRN, 5.31%, (1-month SOFR plus 1.51%), 2/15/35<sup>(1)</sup> | 196500 | 190640 |
| Arbor Realty Commercial Real Estate Notes Ltd., Series 2019-FL2, Class A, VRN, 5.11%, (1-month SOFR plus 1.31%), 9/15/34<sup>(1)</sup> | 365173 | 365140 |
| Arbor Realty Commercial Real Estate Notes Ltd., Series 2019-FL2, Class AS, VRN, 5.36%, (1-month SOFR plus 1.56%), 9/15/34<sup>(1)</sup> | 421000 | 416459 |
| Ares XL CLO Ltd., Series 2016-40A, Class CRR, VRN, 6.88%, (3-month LIBOR plus 2.80%), 1/15/29<sup>(1)</sup> | 350000 | 314398 |
| ARES XLVII CLO Ltd., Series 2018-47A, Class C, VRN, 5.83%, (3-month LIBOR plus 1.75%), 4/15/30<sup>(1)</sup> | 500000 | 469840 |
| CIFC Funding Ltd., Series 2016-1A, Class D2RR, VRN, 8.53%, (3-month LIBOR plus 4.25%), 10/21/31<sup>(1)</sup> | 600000 | 527121 |
| CIFC Funding Ltd., Series 2017-3A, Class C, VRN, 7.89%, (3-month LIBOR plus 3.65%), 7/20/30<sup>(1)</sup> | 500000 | 455775 |
| Dryden 30 Senior Loan Fund, Series 2013-30A, Class CR, VRN, 6.31%, (3-month LIBOR plus 1.70%), 11/15/28<sup>(1)</sup> | 300000 | 283334 |
| Greystone CRE Notes Ltd., Series 2019-FL2, Class D, VRN, 6.28%, (1-month LIBOR plus 2.40%), 9/15/37<sup>(1)</sup> | 197000 | 192553 |
| KVK CLO Ltd., Series 2013-1A, Class DR, VRN, 6.96%, (3-month LIBOR plus 2.95%), 1/14/28<sup>(1)</sup> | 250000 | 242336 |
| Madison Park Funding XIX Ltd., Series 2015-19A, Class DR, VRN, 8.67%, (3-month LIBOR plus 4.35%), 1/22/28<sup>(1)</sup> | 475000 | 428797 |
| Marathon CLO V Ltd., Series 2013-5A, Class A1R, VRN, 5.55%, (3-month LIBOR plus 0.87%), 11/21/27<sup>(1)</sup> | 83002 | 82763 |
| MF1 Ltd., Series 2020-FL4, Class D, VRN, 8.08%, (1-month SOFR plus 4.21%), 11/15/35<sup>(1)</sup> | 585000 | 570289 |
| Octagon Investment Partners XV Ltd., Series 2013-1A, Class CRR, VRN, 6.23%, (3-month LIBOR plus 2.00%), 7/19/30<sup>(1)</sup> | 300000 | 284346 |
| Shelter Growth Issuer Ltd., Series 2022-FL4, Class A, VRN, 6.23%, (1-month SOFR plus 2.30%), 6/17/37<sup>(1)</sup> | 322000 | 315657 |
| Sound Point CLO VII-R Ltd., Series 2014-3RA, Class C, VRN, 6.57%, (3-month LIBOR plus 2.25%), 10/23/31<sup>(1)</sup> | 500000 | 460970 |
| Stratus CLO Ltd., Series 2021-2A, Class C, VRN, 6.14%, (3-month LIBOR plus 1.90%), 12/28/29<sup>(1)</sup> | 350000 | 329324 |
| Symphony CLO XIV Ltd., Series 2014-14A, Class CR, VRN, 6.11%, (3-month LIBOR plus 2.10%), 7/14/26<sup>(1)</sup> | 500000 | 491919 |
| TICP CLO I-2 Ltd., Series 2018-IA, Class C, VRN, 7.37%, (3-month LIBOR plus 3.04%), 4/26/28<sup>(1)</sup> | 350000 | 339829 |
| Vibrant CLO VII Ltd., Series 2017-7A, Class B, VRN, 6.64%, (3-month LIBOR plus 2.40%), 9/15/30<sup>(1)</sup> | 350000 | 332672 |
| **TOTAL COLLATERALIZED LOAN OBLIGATIONS**<br>(Cost $7,846,269) |  | **7563689** |
| **COLLATERALIZED MORTGAGE OBLIGATIONS — 5.8%** |  |  |
| **Private Sponsor Collateralized Mortgage Obligations — 4.0%** |  |  |
| Angel Oak Mortgage Trust, Series 2020-2, Class A2, VRN, 3.86%, 1/26/65<sup>(1)</sup> | 207322 | 187389 |
| Angel Oak Mortgage Trust, Series 2020-5, Class A2 SEQ, VRN, 1.58%, 5/25/65<sup>(1)</sup> | 626205 | 555364 |
| Angel Oak Mortgage Trust, Series 2021-3, Class M1, VRN, 2.48%, 5/25/66<sup>(1)</sup> | 600000 | 366368 |
| Arroyo Mortgage Trust, Series 2019-1, Class M1, VRN, 4.42%, 1/25/49<sup>(1)</sup> | 590000 | 511845 |
| Bellemeade Re Ltd., Series 2017-1, Class B1 SEQ, VRN, 8.79%, (1-month LIBOR plus 4.75%), 10/25/27<sup>(1)</sup> | 250000 | 250238 |
| Bellemeade Re Ltd., Series 2018-1A, Class M2, VRN, 6.94%, (1-month LIBOR plus 2.90%), 4/25/28<sup>(1)</sup> | 302187 | 301363 |
| Bellemeade Re Ltd., Series 2019-3A, Class M1C, VRN, 5.99%, (1-month LIBOR plus 1.95%), 7/25/29<sup>(1)</sup> | 300000 | 296904 |
| Credit Suisse Mortgage Trust, Series 2020-AFC1, Class M1, VRN, 2.84%, 2/25/50<sup>(1)</sup> | 400000 | 308421 |
| Credit Suisse Mortgage Trust, Series 2021-NQM1, Class M1, VRN, 2.13%, 5/25/65<sup>(1)</sup> | 624000 | 438585 |
| Deephaven Residential Mortgage Trust, Series 2021-3, Class A1, VRN, 1.19%, 8/25/66<sup>(1)</sup> | 335333 | 277054 |
| Farm Mortgage Trust, Series 2021-1, Class B, VRN, 3.24%, 7/25/51<sup>(1)</sup> | 583020 | 422721 |
| Home RE Ltd., Series 2022-1, Class M1A, VRN, 6.37%, (30-day average SOFR plus 2.85%), 10/25/34<sup>(1)</sup> | 125000 | 122455 |

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---

| | | |
|:---|:---|:---|
| Radnor RE Ltd., Series 2021-2, Class M1A, VRN, 5.40%, (30-day average SOFR plus 1.85%), 11/25/31<sup>(1)</sup> | 534458 | 521346 |
| Traingle Re Ltd., Series 2021-1, Class M1C, VRN, 7.44%, (1-month LIBOR plus 3.40%), 8/25/33<sup>(1)</sup> | 105261 | 105255 |
| Triangle Re Ltd., Series 2021-2, Class M1A, VRN, 6.09%, (1-month LIBOR plus 2.05%), 10/25/33<sup>(1)</sup> | 77623 | 77582 |
| Triangle Re Ltd., Series 2021-3, Class M1A, VRN, 5.45%, (30-day average SOFR plus 1.90%), 2/25/34<sup>(1)</sup> | 217905 | 216798 |
| Verus Securitization Trust, Series 2021-R1, Class M1 SEQ, 2.34%, 10/25/63<sup>(1)</sup> | 150000 | 120308 |
|  |  | 5079996 |
| **U.S. Government Agency Collateralized Mortgage Obligations — 1.8%** |  |  |
| FHLMC, Series 2017-HRP1, Class M2, VRN, 6.47%, (1-month LIBOR plus 2.45%), 12/25/42 | 193355 | 191052 |
| FHLMC, Series 2020-HQA4, Class M2, VRN, 7.17%, (1-month LIBOR plus 3.15%), 9/25/50<sup>(1)</sup> | 142541 | 142547 |
| FHLMC, Series 2021-DNA2, Class M1, VRN, 4.32%, (30-day average SOFR plus 0.80%), 8/25/33<sup>(1)</sup> | 302176 | 301295 |
| FHLMC, Series 2021-HQA3, Class M1, VRN, 4.37%, (30-day average SOFR plus 0.85%), 9/25/41<sup>(1)</sup> | 446144 | 425952 |
| FHLMC, Series 2022-DNA3, Class M1A, VRN, 5.52%, (30-day average SOFR plus 2.00%), 4/25/42<sup>(1)</sup> | 425005 | 419724 |
| FHLMC, Series 2022-DNA6, Class M1A, VRN, 5.67%, (30-day average SOFR plus 2.15%), 9/25/42<sup>(1)</sup> | 232763 | 231403 |
| FNMA, Series 2022-R03, Class 1M1, VRN, 5.62%, (30-day average SOFR plus 2.21%), 3/25/42<sup>(1)</sup> | 244979 | 242201 |
| FNMA, Series 2022-R09, Class 2M1, VRN, 6.05%, (30-day average SOFR plus 2.25%), 9/25/42<sup>(1)</sup> | 381656 | 378520 |
|  |  | 2332694 |
| **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS**<br>(Cost $8,121,138) |  | **7412690** |
| **COMMERCIAL MORTGAGE-BACKED SECURITIES — 4.9%** |  |  |
| BDS Ltd., Series 2020-FL6, Class E, VRN, 6.76%, (30-day average SOFR plus 3.36%), 9/15/35<sup>(1)</sup> | 243000 | 230647 |
| BX Commercial Mortgage Trust, Series 2020-VIVA, Class D, VRN, 3.67%, 3/11/44<sup>(1)</sup> | 400000 | 296157 |
| BX Commercial Mortgage Trust, Series 2021-ACNT, Class D, VRN, 5.73%, (1-month LIBOR plus 1.85%), 11/15/38<sup>(1)</sup> | 501205 | 468437 |
| BX Commercial Mortgage Trust, Series 2021-VOLT, Class E, VRN, 5.88%, (1-month LIBOR plus 2.00%), 9/15/36<sup>(1)</sup> | 400000 | 373395 |
| BX Trust, Series 2021-ARIA, Class G, VRN, 7.02%, (1-month LIBOR plus 3.14%), 10/15/36<sup>(1)</sup> | 314000 | 273467 |
| BX Trust, Series 2021-RISE, Class D, VRN, 5.625%, (1-month LIBOR plus 1.75%), 11/15/36<sup>(1)</sup> | 210000 | 196624 |
| BXHPP Trust, Series 2021-FILM, Class D, VRN, 5.375%, (1-month LIBOR plus 1.5%), 8/15/36<sup>(1)</sup> | 300000 | 271807 |
| BXHPP Trust, Series 2021-FILM, Class E, VRN, 5.875%, (1-month LIBOR plus 2.00%), 8/15/36<sup>(1)</sup> | 250000 | 221439 |
| Credit Suisse Mortgage Capital Certificates, Series 2019-ICE4, Class E, VRN, 6.03%, (1-month LIBOR plus 2.15%), 5/15/36<sup>(1)</sup> | 478000 | 464488 |
| Great Wolf Trust, Series 2019-WOLF, Class C, VRN, 5.51%, (1-month LIBOR plus 1.63%), 12/15/36<sup>(1)</sup> | 253000 | 241368 |
| J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2018-AON, Class A, SEQ, 4.13%, 7/5/31<sup>(1)</sup> | 282000 | 264243 |
| Life Mortgage Trust, Series 2021-BMR, Class F, VRN, 6.23%, (1-month LIBOR plus 2.35%), 3/15/38<sup>(1)</sup> | 237879 | 223075 |
| Med Trust, Series 2021-MDLN, Class F, VRN, 7.88%, (1-month LIBOR plus 4.00%), 11/15/38<sup>(1)</sup> | 371450 | 341593 |
| MF1 Multifamily Housing Mortgage Loan Trust, Series 2021-FL5, Class D, VRN, 6.48%, (1-month SOFR plus 2.61%), 7/15/36<sup>(1)</sup> | 400000 | 381759 |
| MHP Trust, Series 2022-MHIL, Class D, VRN, 5.41%, (1-month SOFR plus 1.61%), 1/15/27<sup>(1)</sup> | 489716 | 455555 |
| One New York Plaza Trust, Series 2020-1NYP, Class B, VRN, 5.375%, (1-month LIBOR plus 1.50%), 1/15/36<sup>(1)</sup> | 229000 | 214071 |
| Ready Capital Mortgage Financing LLC, Series 2021-FL5, Class C, VRN, 6.29%, (1-month LIBOR plus 2.25%), 4/25/38<sup>(1)</sup> | 400000 | 381995 |
| Ready Capital Mortgage Financing LLC, Series 2021-FL6, Class C, VRN, 5.94%, (1-month LIBOR plus 1.90%), 7/25/36<sup>(1)</sup> | 350000 | 331756 |
| SMRT, Series 2022-MINI, Class F, VRN, 7.15%, (1-month SOFR plus 3.35%), 1/15/39<sup>(1)</sup> | 596000 | 546393 |
| **TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES**<br>(Cost $6,615,232) |  | **6178269** |
| **PREFERRED STOCKS — 2.9%** |  |  |
| **Banks — 1.3%** |  |  |
| Banco Mercantil del Norte SA, 8.375%<sup>(1)</sup> | 400000 | 390498 |
| JPMorgan Chase & Co., 4.60% | 1050000 | 934500 |
| PNC Financial Services Group, Inc., 3.40% | 375000 | 289501 |
|  |  | 1614499 |
| **Capital Markets — 0.5%** |  |  |
| Bank of New York Mellon Corp., 3.75% | 795000 | 634513 |
| **Diversified Financial Services — 0.4%** |  |  |
| Barclays PLC, 4.375% | 475000 | 350261 |

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| | | |
|:---|:---|:---|
| BNP Paribas SA, 7.75%<sup>(1)</sup> | 210000 | 206325 |
|  |  | 556586 |
| **Insurance — 0.4%** |  |  |
| Allianz SE, 3.20%<sup>(1)</sup> | 585000 | 433778 |
| **Trading Companies and Distributors — 0.3%** |  |  |
| Aircastle Ltd., 5.25%<sup>(1)</sup> | 515000 | 383675 |
| **TOTAL PREFERRED STOCKS**<br>(Cost $4,378,158) |  | **3623051** |
| **SOVEREIGN GOVERNMENTS AND AGENCIES — 1.5%** |  |  |
| **Dominican Republic — 0.3%** |  |  |
| Dominican Republic International Bond, 6.875%, 1/29/26 | 400000 | 405132 |
| **Mexico — 0.1%** |  |  |
| Mexico Government International Bond, 4.875%, 5/19/33 | 120000 | 112949 |
| **Saudi Arabia — 0.2%** |  |  |
| Saudi Government International Bond, 5.50%, 10/25/32<sup>(1)</sup> | 210000 | 221483 |
| **South Africa — 0.6%** |  |  |
| Republic of South Africa Government International Bond, 5.875%, 6/22/30 | 800000 | 761352 |
| **Trinidad — 0.3%** |  |  |
| Trinidad & Tobago Government International Bond, 4.50%, 8/4/26 | 400000 | 393897 |
| **TOTAL SOVEREIGN GOVERNMENTS AND AGENCIES**<br>(Cost $2,028,789) |  | **1894813** |
| **BANK LOAN OBLIGATIONS**<sup>(6)</sup> **— 0.9%** |  |  |
| **Health Care Providers and Services — 0.3%** |  |  |
| Surgery Center Holdings, Inc., 2021 Term Loan, 8/31/26<sup>(7)</sup> | 396000 | 389785 |
| **Pharmaceuticals — 0.3%** |  |  |
| Jazz Financing Lux S.a.r.l., USD Term Loan, 7.57%, (1-month LIBOR plus 3.50%), 5/5/28 | 446479 | 443794 |
| **Technology Hardware, Storage and Peripherals — 0.3%** |  |  |
| McAfee, LLC, 2022 USD Term Loan B, 7.64%, (1-month SOFR plus 3.75%), 3/1/29 | 354113 | 337515 |
| **TOTAL BANK LOAN OBLIGATIONS**<br>(Cost $1,190,765) |  | **1171094** |
| **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES**<sup>†</sup> |  |  |
| **Fixed-Rate U.S. Government Agency Mortgage-Backed Securities**<sup>†</sup> |  |  |
| FHLMC, 2.50%, 10/1/20 | 914 | 779 |
| FHLMC, 3.50%, 5/1/51 | 8721 | 8020 |
| FHLMC, 3.50%, 5/1/51 | 887 | 814 |
| FNMA, 4.00%, 3/1/50 | 7606 | 7279 |
| FNMA, 4.00%, 3/1/51 | 5201 | 4968 |
| FNMA, 2.50%, 12/1/51 | 1622 | 1380 |
| FNMA, 3.50%, 12/1/51 | 9090 | 8338 |
| FNMA, 2.50%, 3/1/52 | 10715 | 9148 |
| FNMA, 4.00%, 3/1/51 | 7993 | 7600 |
| **TOTAL U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES**<br>(Cost $50,695) |  | 48326 |
| **SHORT-TERM INVESTMENTS — 4.4%** |  |  |
| **Money Market Funds — 4.4%** |  |  |
| State Street Institutional U.S. Government Money Market Fund, Premier Class | 986865 | 986865 |
| State Street Navigator Securities Lending Government Money Market Portfolio<sup>(8)</sup> | 4564823 | 4564823 |
| **TOTAL SHORT-TERM INVESTMENTS** <br>(Cost $5,551,688) |  | **5551688** |
| **TOTAL INVESTMENT SECURITIES—100.7%**<br>(Cost $135,857,558) |  | **127824219** |
| **OTHER ASSETS AND LIABILITIES — (0.7)%** |  | **(863030)** |
| **TOTAL NET ASSETS — 100.0%** |  | $**126961189** |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** |
| **Reference Entity** | **Contracts** | **Expiration Date** | **Notional Amount** | **Unrealized<br>Appreciation<br>(Depreciation)^** |
| U.S. Treasury 10-Year Notes | 23 | March 2023 | $2610500 | $3153 |
| U.S. Treasury 10-Year Ultra Notes | 80 | March 2023 | 9572500 | (15629) |
| U.S. Treasury 2-Year Notes | 39 | March 2023 | 8009016 | 14400 |
| U.S. Treasury 5-Year Notes | 48 | March 2023 | 5211375 | 10524 |
|  |  |  | $25403391 | $12448 |

---

^Amount represents value and unrealized appreciation (depreciation).

---

| | | | | |
|:---|:---|:---|:---|:---|
| **FUTURES CONTRACTS SOLD** | **FUTURES CONTRACTS SOLD** | **FUTURES CONTRACTS SOLD** | **FUTURES CONTRACTS SOLD** | **FUTURES CONTRACTS SOLD** |
| **Reference Entity** | **Contracts** | **Expiration Date** | **Notional Amount** | **Unrealized<br>Appreciation<br>(Depreciation)^** |
| U.S. Treasury Long Bonds | 14 | March 2023 | $1778000 | $9459 |
| U.S. Treasury Ultra Bonds | 2 | March 2023 | 272563 | 4104 |
|  |  |  | $2050563 | $13563 |

---

^Amount represents value and unrealized appreciation (depreciation).

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> |
| **Reference Entity** | **Type** | **Fixed<br>Rate<br>Received<br>(Paid)<br>Quarterly** | **Termination<br>Date** | **Notional<br>Amount** | **Premiums<br>Paid<br>(Received)** | **Unrealized<br>Appreciation<br>(Depreciation)** | **Value^** |
| Markit CDX North America High Yield Index Series 39 | Buy | (5.00)% | 12/20/27 | $2210000 | $9905 | $(68927) | $(59022) |

---

§Credit default swap agreements enable the fund to buy/sell protection against a credit event of a specific issuer or index. As a seller of credit protection against a security or basket of securities, the fund receives an upfront and/or periodic payment to compensate against potential default events. The fund may attempt to enhance returns by selling protection.

^The value for credit default swap agreements serves as an indicator of the current status of the payment/performance risk and represent the likelihood of an expected liability or profit at the period end. Increasing values in absolute terms when compared to the notional amount of the credit default swap agreement represent a deterioration of the referenced entity's credit soundness and an increased likelihood or risk of a credit event occurring as defined in the agreement.

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| | | |
|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS** | **NOTES TO SCHEDULE OF INVESTMENTS** | **NOTES TO SCHEDULE OF INVESTMENTS** |
| CAD | - | Canadian Dollar |
| CDX | - | Credit Derivatives Indexes |
| FHLMC | - | Federal Home Loan Mortgage Corporation |
| FNMA | - | Federal National Mortgage Association |
| LIBOR | - | London Interbank Offered Rate |
| SEQ | - | Sequential Payer |
| SOFR | - | Secured Overnight Financing Rate |
| USD | - | United States Dollar |
| VRN | - | Variable Rate Note. The rate adjusts periodically based upon the terms set forth in the security's offering documents. The rate shown is effective at the period end and the reference rate and spread, if any, is indicated. The security's effective maturity date may be shorter than the final maturity date shown. |

---

†Category is less than 0.05% of total net assets.

(1)Security was purchased pursuant to Rule 144A or Section 4(2) under the Securities Act of 1933 and may be sold in transactions exempt from registration, normally to qualified institutional investors. The aggregate value of these securities at the period end was $63,845,822, which represented 50.3% of total net assets.

(2)Security, or a portion thereof, is on loan. At the period end, the aggregate value of securities on loan was $4,430,365. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.

(3)Perpetual maturity with no stated maturity date.

(4)When–issued security. The issue price and yield are fixed on the date of the commitment, but payment and delivery are scheduled for a future date.

(5)Security, or a portion thereof, has been pledged at the custodian bank or with a broker for collateral requirements on futures contracts and/or swap agreements. At the period end, the aggregate value of securities pledged was $693,269.

(6)The interest rate on a bank loan obligation adjusts periodically based on a predetermined schedule. Rate or range of rates shown is effective at period end. The maturity date on a bank loan obligation may be less than indicated as a result of contractual or optional prepayments. These prepayments cannot be predicted with certainty.

(7)The interest rate will be determined upon settlement of the bank loan obligation after period end.

(8)Investment of cash collateral from securities on loan. At the period end, the aggregate value of the collateral held by the fund was $4,564,823.

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**SUPPLEMENTARY NOTES TO SCHEDULE OF INVESTMENTS** 

**1. Investment Valuations**

The fund determines the fair value of its investments and computes its net asset value (NAV) per share at the close of regular trading (usually 4 p.m. Eastern time) on the New York Stock Exchange (NYSE) on each day the NYSE is open. The value of investments of the fund is determined by American Century Investment Management, Inc. (ACIM) (the investment advisor), as the valuation designee, pursuant to its valuation policies and procedures. The Board of Trustees oversees the valuation designee and reviews its valuation policies and procedures at least annually.

Fixed income securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Corporate bonds, U.S. Treasury and Government Agency securities, convertible bonds, bank loan obligations, and sovereign governments and agencies are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information. Mortgage-related and asset-backed securities are valued based on models that consider trade data, prepayment and default projections, benchmark yield and spread data and estimated cash flows of each tranche of the issuer. Collateralized loan obligations are valued based on discounted cash flow models that consider trade and economic data, prepayment assumptions and default projections. Fixed income securities initially expressed in local currencies are translated into U.S. dollars at the mean of the appropriate currency exchange rate at the close of the NYSE as provided by an independent pricing service.

Equity securities that are listed or traded on a domestic securities exchange are valued at the last reported sales price or at the official closing price as provided by the exchange. Equity securities traded on foreign securities exchanges are generally valued at the closing price of such securities on the exchange where primarily traded or at the close of the NYSE, if that is earlier. If no last sales price is reported, or if local convention or regulation so provides, the mean of the latest bid and asked prices may be used. Securities traded over-the-counter are valued at the mean of the latest bid and asked prices, the last sales price, or the official closing price. Equity securities initially expressed in local currencies are translated into U.S. dollars at the mean of the appropriate currency exchange rate at the close of the NYSE as provided by an independent pricing service.

Hybrid securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Preferred stocks and convertible preferred stocks with perpetual maturities are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information.

Open-end management investment companies are valued at the reported NAV per share. Exchange-traded futures contracts are valued at the settlement price as provided by the appropriate exchange. Swap agreements are valued at an evaluated mean as provided by independent pricing services or independent brokers.

If the valuation designee determines that the market price for a portfolio security is not readily available or is believed by the valuation designee to be unreliable, such security is valued at fair value as determined in good faith by the valuation designee, in accordance with its policies and procedures. Circumstances that may cause the fund to determine that market quotations are not available or reliable include, but are not limited to: when there is a significant event subsequent to the market quotation; trading in a security has been halted during the trading day; or trading in a security is insufficient or did not take place due to a closure or holiday.

The valuation designee monitors for significant events occurring after the close of an investment's primary exchange but before the fund's NAV per share is determined. Significant events may include, but are not limited to: corporate announcements and transactions; regulatory news, governmental action and political unrest that could impact a specific investment or an investment sector; or armed conflicts, natural disasters and similar events that could affect investments in a specific country or region. The valuation designee also monitors for significant fluctuations between domestic and foreign markets, as evidenced by the U.S. market or such other indicators that it deems appropriate. The valuation designee may apply a model-derived factor to the closing price of equity securities traded on foreign securities exchanges. The factor is based on observable market data as provided by an independent pricing service.

**2. Fair Value Measurements**

The fund's investments valuation process is based on several considerations and may use multiple inputs to determine the fair value of the investments held by the fund. In conformity with accounting principles generally accepted in the United States of America, the inputs used to determine a valuation are classified into three broad levels.

• Level 1 valuation inputs consist of unadjusted quoted prices in an active market for identical investments.

• Level 2 valuation inputs consist of direct or indirect observable market data (including quoted prices for comparable investments, evaluations of subsequent market events, interest rates, prepayment speeds, credit risk, etc.). These inputs also consist of quoted prices for identical investments initially expressed in local currencies that are adjusted through translation into U.S. dollars.

• Level 3 valuation inputs consist of unobservable data (including a fund's own assumptions).

The level classification is based on the lowest level input that is significant to the fair valuation measurement. The valuation inputs are not necessarily an indication of the risks associated with investing in these securities or other financial instruments.

------

The following is a summary of the level classifications as of period end. The Schedule of Investments provides additional information on the fund's portfolio holdings.

---

| | | | |
|:---|:---|:---|:---|
| | **Level 1** | **Level 2** | **Level 3** |
| **Assets** | | | |
| **Investment Securities** | | | |
| Corporate Bonds |  | $52101188 |  |
| U.S. Treasury Securities |  | 25404661 |  |
| Asset-Backed Securities |  | 16874750 |  |
| Collateralized Loan Obligations |  | 7563689 |  |
| Collateralized Mortgage Obligations |  | 7412690 |  |
| Commercial Mortgage-Backed Securities |  | 6178269 |  |
| Preferred Stocks |  | 3623051 |  |
| Sovereign Governments and Agencies |  | 1894813 |  |
| Bank Loan Obligations |  | 1171094 |  |
| U.S. Government Agency Mortgage-Backed Securities |  | 48326 |  |
| Short-Term Investments | $5551688 |  |  |
|  | $5551688 | $122272531 |  |
| **Other Financial Instruments** |  |  |  |
| Futures Contracts | $41640 |  |  |
| **Liabilities** |  |  |  |
| **Other Financial Instruments** |  |  |  |
| Futures Contracts | $15629 |  |  |
| Swap Agreements |  | $59022 |  |
|  | $15629 | $59022 |  |

---

*This schedule of investments provides information about the fund's portfolio holdings as of the date on the schedule. It is unaudited, and American Century Investments assumes no obligation to update or supplement the schedule to reflect subsequent changes. More information is available in the fund's most recent annual or semiannual shareholder report.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Kansas City

  - **State:** MO

  - **Foreign country:** US

  - **Zip / Postal Code:** 64111

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

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

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

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

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

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

- **a. Date of fiscal year-end:** 2023-08-31

- **b. Date as of which information is reported:** 2022-11-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $132980737.00

**Total Liabilities:** $6035994.06

**Net Assets:** $126944742.94

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 9.000000000000 | **1-Year:** 505.000000000000 | **5-Year:** 6859.000000000000 | **10-Year:** 6936.000000000000 | **30-Year:** 8509.000000000000

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

- **3-Month:** 10.000000000000 | **1-Year:** 940.000000000000 | **5-Year:** 7676.000000000000 | **10-Year:** 4769.000000000000 | **30-Year:** 2732.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000228610 | -3.20%               | -0.06%               | 2.25%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1202436.82             | $-2551322.07                               |
| Month 2  | $-537361.82              | $194159.05                                 |
| Month 3  | $-1128306.43             | $3437677.55                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                                                                                          | Title                                                                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AMC Networks Inc                                                                                                              | AMC Networks Inc 4.25 02/15/2029                                                          | CUSIP: 00164VAF0<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |    439000 | PA      | $327739.84    | 0.26%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| ATI Inc                                                                                                                       | ATI Inc 4.88 10/01/2029                                                                   | CUSIP: 01741RAL6<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |    295000 | PA      | $252003.46    | 0.20%             | 2029-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| Ball Corp                                                                                                                     | Ball Corp 6.88 03/15/2028                                                                 | CUSIP: 058498AY2<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    395000 | PA      | $408943.50    | 0.32%             | 2028-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| CCO Holdings LLC / CCO Holdings Capital Corp                                                                                  | CCO Holdings LLC / CCO Holdings Capital Corp 6.38 09/01/2029                              | CUSIP: 1248EPCS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    570000 | PA      | $543705.90    | 0.43%             | 2029-09-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| Caesars Entertainment Inc                                                                                                     | Caesars Entertainment Inc 4.63 10/15/2029                                                 | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    435000 | PA      | $364886.70    | 0.29%             | 2029-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: —       |
| Callon Petroleum Co                                                                                                           | Callon Petroleum Co 7.50 06/15/2030                                                       | CUSIP: 13123XBF8<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142917.75    | 0.11%             | 2030-06-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| Centene Corp                                                                                                                  | Centene Corp 3.38 02/15/2030                                                              | CUSIP: 15135BAV3<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    390000 | PA      | $332706.29    | 0.26%             | 2030-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| Cleveland-Cliffs Inc                                                                                                          | Cleveland-Cliffs Inc 4.63 03/01/2029                                                      | CUSIP: 185899AK7<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    530000 | PA      | $464704.00    | 0.37%             | 2029-03-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: —       |
| iStar Inc                                                                                                                     | iStar Inc 4.25 08/01/2025                                                                 | CUSIP: 45031UCG4<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | DBT              | CORP              | US        |    320000 | PA      | $312561.60    | 0.25%             | 2025-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| iHeartCommunications Inc                                                                                                      | iHeartCommunications Inc 8.38 05/01/2027                                                  | CUSIP: 45174HBD8<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |    250000 | PA      | $222910.00    | 0.18%             | 2027-05-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| Condor Merger Sub Inc                                                                                                         | Condor Merger Sub Inc 7.38 02/15/2030                                                     | CUSIP: 579063AB4<br>LEI: 254900SAGUYT3MBUU161 | Long             | DBT              | CORP              | US        |    570000 | PA      | $467691.50    | 0.37%             | 2030-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| Gen Digital Inc                                                                                                               | Gen Digital Inc 7.13 09/30/2030                                                           | CUSIP: 668771AL2<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    570000 | PA      | $575306.70    | 0.45%             | 2030-09-30      | Fixed         | 7.12%                 | No            |                  2 | On Loan: —       |
| Occidental Petroleum Corp                                                                                                     | Occidental Petroleum Corp 6.13 01/01/2031                                                 | CUSIP: 674599EF8<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    384000 | PA      | $390067.20    | 0.31%             | 2031-01-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: —       |
| Owens-Brockway Glass Container Inc                                                                                            | Owens-Brockway Glass Container Inc 5.38 01/15/2025                                        | CUSIP: 690872AB2<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |    690000 | PA      | $656725.18    | 0.52%             | 2025-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| Penn Entertainment Inc                                                                                                        | Penn Entertainment Inc 4.13 07/01/2029                                                    | CUSIP: 707569AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    735000 | PA      | $600366.38    | 0.47%             | 2029-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: —       |
| Sealed Air Corp                                                                                                               | Sealed Air Corp 5.00 04/15/2029                                                           | CUSIP: 81211KBA7<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    625000 | PA      | $581881.25    | 0.46%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| VICI Properties LP / VICI Note Co Inc                                                                                         | VICI Properties LP / VICI Note Co Inc 4.13 08/15/2030                                     | CUSIP: 92564RAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    620000 | PA      | $538056.45    | 0.42%             | 2030-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: —       |
| Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp                                                                              | Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp 5.25 05/15/2027                          | CUSIP: 983130AX3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    405000 | PA      | $371605.73    | 0.29%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| State Street Navigator Securities Lending Trust - State Street Navigator Securities Lending Government Money Market Portfolio | State Street Navigator Securities Lending Government Money Market Portfolio               | CUSIP: N/A<br>LEI: 5493008BJIBKQ5KTIF74       | Long             | STIV             | RF                | US        |   4563610 | NS      | $4563610.00   | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Lease Corp                                                                                                                | Air Lease Corp 2.75 01/15/2023                                                            | CUSIP: 00912XAX2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    660000 | PA      | $657470.54    | 0.52%             | 2023-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp                                                                                                                | Air Lease Corp 0.80 08/18/2024                                                            | CUSIP: 00914AAP7<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92026.37     | 0.07%             | 2024-08-18      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| Aircastle Ltd                                                                                                                 | Aircastle Ltd (pfd) 5.25% 09/15/2171 Perpetual                                            | CUSIP: 00928QAW1<br>LEI: 549300PNK8AKY3OIKP58 | Long             | EP               | CORP              | US        |    515000 | NS      | $383675.00    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Alcoa Nederland Holding BV                                                                                                    | Alcoa Nederland Holding BV 4.13 03/31/2029                                                | CUSIP: 013822AG6<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |    445000 | PA      | $390799.00    | 0.31%             | 2029-03-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Aligned Data Centers Issuer LLC                                                                                               | Aligned Data Centers Issuer LLC 2.48                                                      | CUSIP: 01627AAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $330966.88    | 0.26%             | 2046-08-15      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| Aligned Data Centers Issuer LLC                                                                                               | Aligned Data Centers Issuer LLC 6.35                                                      | CUSIP: 01627AAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    350000 | PA      | $347091.78    | 0.27%             | 2047-10-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Allianz SE                                                                                                                    | Allianz SE (pfd) 3.20% 04/30/2171 Perpetual                                               | CUSIP: 018820AB6<br>LEI: 529900K9B0N5BT694847 | Long             | EP               | CORP              | DE        |    585000 | NS      | $433777.50    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                                                                                         | American Airlines Inc 11.75 07/15/2025                                                    | CUSIP: 023771S58<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |    490000 | PA      | $544807.93    | 0.43%             | 2025-07-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc                                                                                                | American Electric Power Co Inc 3.88 02/15/2062                                            | CUSIP: 025537AU5<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    430000 | PA      | $333127.92    | 0.26%             | 2062-02-15      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust 2020-5                                                                                               | Angel Oak Mortgage Trust 2020-5 1.58                                                      | CUSIP: 03464WAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    626205 | PA      | $555363.56    | 0.44%             | 2065-05-25      | Variable      | 1.58%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust 2020-2                                                                                               | Angel Oak Mortgage Trust 2020-2 3.86                                                      | CUSIP: 03464XAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    207322 | PA      | $187389.08    | 0.15%             | 2065-01-26      | Variable      | 3.86%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust 2021-3                                                                                               | Angel Oak Mortgage Trust 2021-3 2.48                                                      | CUSIP: 03465EAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $366367.56    | 0.29%             | 2066-05-25      | Variable      | 2.48%                 | No            |                  2 | On Loan: No      |
| Antero Resources Corp                                                                                                         | Antero Resources Corp 5.38 03/01/2030                                                     | CUSIP: 03674XAS5<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |    565000 | PA      | $530111.25    | 0.42%             | 2030-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Applebee's Funding LLC / IHOP Funding LLC                                                                                     | Applebee's Funding LLC / IHOP Funding LLC 4.19                                            | CUSIP: 03789XAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    574200 | PA      | $545395.20    | 0.43%             | 2049-06-05      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| Arbor Realty Trust Inc                                                                                                        | Arbor Realty Commercial Real Estate Notes 2019-FL2 Ltd 5.11                               | CUSIP: 03880VAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    365173 | PA      | $365140.23    | 0.29%             | 2034-09-15      | Variable      | 5.11%                 | No            |                  2 | On Loan: No      |
| Arbor Realty Trust Inc                                                                                                        | Arbor Realty Commercial Real Estate Notes 2019-FL2 Ltd 5.36                               | CUSIP: 03880VAC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    421000 | PA      | $416458.67    | 0.33%             | 2034-09-15      | Variable      | 5.36%                 | No            |                  2 | On Loan: No      |
| Arbor Realty Trust Inc                                                                                                        | Arbor Realty Collateralized Loan Obligation 2020-FL1 Ltd 5.31                             | CUSIP: 03880WAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    196500 | PA      | $190639.54    | 0.15%             | 2035-02-15      | Variable      | 5.31%                 | No            |                  2 | On Loan: No      |
| ArcelorMittal SA                                                                                                              | ArcelorMittal SA 6.55 11/29/2027                                                          | CUSIP: 03938LBE3<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |    480000 | PA      | $484414.93    | 0.38%             | 2027-11-29      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| ARES CLO                                                                                                                      | Ares XL CLO Ltd 6.88                                                                      | CUSIP: 04016GBK3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    350000 | PA      | $314397.86    | 0.25%             | 2029-01-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| ARES CLO                                                                                                                      | ARES XLVII CLO Ltd 5.83                                                                   | CUSIP: 04016VAG0<br>LEI: 5493001J0ZSE1Y09WE50 | Long             | ABS-CBDO         | CORP              | US        |    500000 | PA      | $469840.15    | 0.37%             | 2030-04-15      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| Arroyo Mortgage Trust 2019-1                                                                                                  | Arroyo Mortgage Trust 2019-1 4.42                                                         | CUSIP: 042859AD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    590000 | PA      | $511845.00    | 0.40%             | 2049-01-25      | Variable      | 4.42%                 | No            |                  2 | On Loan: No      |
| Australia & New Zealand Banking Group Ltd/New York NY                                                                         | Australia & New Zealand Banking Group Ltd/New York NY 5.09 12/08/2025                     | CUSIP: 05254JAA8<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | US        |    296000 | PA      | $298612.55    | 0.24%             | 2025-12-08      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                                                                                                       | BDS 2020-FL6 Ltd 6.76                                                                     | CUSIP: 05492XAJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    243000 | PA      | $230646.71    | 0.18%             | 2035-09-15      | Variable      | 6.76%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                                                                                | BNP Paribas SA (pfd) 7.75% 02/16/2171 Perpetual                                           | CUSIP: 05565AM34<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EP               | CORP              | FR        |    210000 | NS      | $206325.00    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| BX Trust 2021-ARIA                                                                                                            | BX Trust 2021-ARIA 7.02                                                                   | CUSIP: 05608RAQ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    314000 | PA      | $273467.31    | 0.22%             | 2036-10-15      | Variable      | 7.02%                 | No            |                  2 | On Loan: No      |
| B2W Digital Lux Sarl                                                                                                          | B2W Digital Lux Sarl 4.38 12/20/2030                                                      | CUSIP: 05609AAA9<br>LEI: 222100KMO43GQ28M6N31 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $124984.00    | 0.10%             | 2030-12-20      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BXHPP Trust 2021-FILM                                                                                                         | BXHPP Trust 2021-FILM 5.38                                                                | CUSIP: 05609JAN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $271807.20    | 0.21%             | 2036-08-15      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| BXHPP Trust 2021-FILM                                                                                                         | BXHPP Trust 2021-FILM 5.88                                                                | CUSIP: 05609JAQ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $221438.63    | 0.17%             | 2036-08-15      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                                                                                      | BX Commercial Mortgage Trust 2021-ACNT 5.73                                               | CUSIP: 05609QAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    501205 | PA      | $468436.52    | 0.37%             | 2038-11-15      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust 2021-VOLT                                                                                        | BX Commercial Mortgage Trust 2021-VOLT 5.88                                               | CUSIP: 05609VAN5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $373394.92    | 0.29%             | 2036-09-15      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| Banco Mercantil del Norte SA/Grand Cayman                                                                                     | Banco Mercantil del Norte SA/Grand Cayman (pfd) 8.38% 10/14/2171 Perpetual                | CUSIP: 05971PAC2<br>LEI: 549300QTVYRPFHS0J362 | Long             | EP               | CORP              | KY        |    400000 | NS      | $390498.00    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                                                                          | Bank of America Corp 1.73 07/22/2027                                                      | CUSIP: 06051GJS9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87683.25     | 0.07%             | 2027-07-22      | Variable      | 1.73%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                                                                          | Bank of America Corp 4.57 04/27/2033                                                      | CUSIP: 06051GKQ1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     90000 | PA      | $83948.33     | 0.07%             | 2033-04-27      | Variable      | 4.57%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                                                                          | Bank of America Corp 5.02 07/22/2033                                                      | CUSIP: 06051GKY4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     88000 | PA      | $85019.76     | 0.07%             | 2033-07-22      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                                                                          | Bank of America Corp 6.20 11/10/2028                                                      | CUSIP: 06051GLC1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    553000 | PA      | $572303.97    | 0.45%             | 2028-11-10      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp/The                                                                                              | Bank of New York Mellon Corp/The (pfd) 3.75% 03/20/2171 Perpetual                         | CUSIP: 064058AL4<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EP               | CORP              | US        |    795000 | NS      | $634513.35    | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                                                                  | Barclays PLC (pfd) 4.38% 12/15/2170 Perpetual                                             | CUSIP: 06738EBT1<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EP               | CORP              | GB        |    475000 | NS      | $350261.39    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Bellemeade Re 2017-1 Ltd                                                                                                      | Bellemeade Re 2017-1 Ltd 8.79                                                             | CUSIP: 078767AC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |    250000 | PA      | $250238.15    | 0.20%             | 2027-10-25      | Variable      | 8.79%                 | No            |                  2 | On Loan: No      |
| Bellemeade Re 2018-1 Ltd                                                                                                      | Bellemeade Re 2018-1 Ltd 6.94                                                             | CUSIP: 078768AE8<br>LEI: 549300O2GEH6GH9NO762 | Long             | ABS-MBS          | CORP              | BM        |    302187 | PA      | $301362.72    | 0.24%             | 2028-04-25      | Variable      | 6.94%                 | No            |                  2 | On Loan: No      |
| Bellemeade Re 2019-3 Ltd                                                                                                      | Bellemeade Re 2019-3 Ltd 5.99                                                             | CUSIP: 07877GAC3<br>LEI: 254900SCWI9IDKK5LV64 | Long             | ABS-MBS          | CORP              | BM        |    300000 | PA      | $296904.18    | 0.23%             | 2029-07-25      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| Blackbird Capital Aircraft                                                                                                    | Blackbird Capital Aircraft 3.45                                                           | CUSIP: 09229CAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    469291 | PA      | $353205.24    | 0.28%             | 2046-07-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Block Financial LLC                                                                                                           | Block Financial LLC 3.88 08/15/2030                                                       | CUSIP: 093662AH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    312000 | PA      | $275182.79    | 0.22%             | 2030-08-15      | Floating      | 3.88%                 | No            |                  2 | On Loan: No      |
| Blue Racer Midstream LLC / Blue Racer Finance Corp                                                                            | Blue Racer Midstream LLC / Blue Racer Finance Corp 7.63 12/15/2025                        | CUSIP: 095796AH1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    405000 | PA      | $409171.50    | 0.32%             | 2025-12-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Braskem Idesa SAPI                                                                                                            | Braskem Idesa SAPI 6.99 02/20/2032                                                        | CUSIP: 10554NAB4<br>LEI: YH0V7ZHY352ITDGEYB83 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $142002.00    | 0.11%             | 2032-02-20      | Fixed         | 6.99%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                                                                                                  | Broadcom Inc 4.00 04/15/2029                                                              | CUSIP: 11135FBR1<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    308000 | PA      | $281211.62    | 0.22%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Builders FirstSource Inc                                                                                                      | Builders FirstSource Inc 5.00 03/01/2030                                                  | CUSIP: 12008RAN7<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    590000 | PA      | $524246.78    | 0.41%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust 2020-VIVA                                                                                        | BX Commercial Mortgage Trust 2020-VIVA 3.67                                               | CUSIP: 12433XAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $296156.80    | 0.23%             | 2044-03-11      | Variable      | 3.67%                 | No            |                  2 | On Loan: No      |
| BX Trust 2021-RISE                                                                                                            | BX Trust 2021-RISE 5.63                                                                   | CUSIP: 12434EAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    210000 | PA      | $196623.50    | 0.15%             | 2036-11-15      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| CARS-DB4 LP                                                                                                                   | CARS-DB4 LP 3.19                                                                          | CUSIP: 12510HAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    397083 | PA      | $371639.39    | 0.29%             | 2050-02-15      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| CARS-DB4 LP                                                                                                                   | CARS-DB4 LP 4.17                                                                          | CUSIP: 12510HAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $91341.99     | 0.07%             | 2050-02-15      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| CARS-DB4 LP                                                                                                                   | CARS-DB4 LP 4.52                                                                          | CUSIP: 12510HAH3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $87076.34     | 0.07%             | 2050-02-15      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| CDI Escrow Issuer Inc                                                                                                         | CDI Escrow Issuer Inc 5.75 04/01/2030                                                     | CUSIP: 12511VAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    380000 | PA      | $352976.30    | 0.28%             | 2030-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CF Hippolyta Issuer LLC                                                                                                       | CF Hippolyta Issuer LLC 1.69                                                              | CUSIP: 12530MAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    501984 | PA      | $444967.92    | 0.35%             | 2060-07-15      | Fixed         | 1.69%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                                                                                              | CIFC Funding 2017-III Ltd 7.89                                                            | CUSIP: 12548JAJ1<br>LEI: 254900S2BZHNDNVF2L25 | Long             | ABS-CBDO         | CORP              | US        |    500000 | PA      | $455775.30    | 0.36%             | 2030-07-20      | Variable      | 7.89%                 | No            |                  2 | On Loan: No      |
| CLI Funding VIII LLC                                                                                                          | CLI Funding VIII LLC 1.64                                                                 | CUSIP: 12565KAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    410893 | PA      | $346999.08    | 0.27%             | 2046-02-18      | Fixed         | 1.64%                 | No            |                  2 | On Loan: No      |
| Clsec Holdings 22t LLC                                                                                                        | Clsec Holdings 22t LLC 6.17                                                               | CUSIP: 12567UAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    529183 | PA      | $429508.73    | 0.34%             | 2037-05-11      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| CME Group Inc                                                                                                                 | CME Group Inc 2.65 03/15/2032                                                             | CUSIP: 12572QAK1<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | DBT              | CORP              | US        |    150000 | PA      | $128174.00    | 0.10%             | 2032-03-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| CSMC 2020-AFC1 Trust                                                                                                          | CSMC 2020-AFC1 Trust 2.84                                                                 | CUSIP: 12597MAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $308420.72    | 0.24%             | 2050-02-25      | Variable      | 2.84%                 | No            |                  2 | On Loan: No      |
| CSMC 2021-NQM1                                                                                                                | CSMC 2021-NQM1 2.13                                                                       | CUSIP: 126407AD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    624000 | PA      | $438584.76    | 0.35%             | 2065-05-25      | Variable      | 2.13%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Capital Certificates 2019-ICE4                                                                         | Credit Suisse Mortgage Capital Certificates 2019-ICE4 6.03                                | CUSIP: 12653VAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    478000 | PA      | $464487.70    | 0.37%             | 2036-05-15      | Variable      | 6.03%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                                                                                            | Canadian Imperial Bank of Commerce 3.45 04/07/2027                                        | CUSIP: 13607HR61<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    615000 | PA      | $579824.48    | 0.46%             | 2027-04-07      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Carnival Corp                                                                                                                 | Carnival Corp 5.75 03/01/2027                                                             | CUSIP: 143658BN1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |    165000 | PA      | $122925.00    | 0.10%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Castlelake Aircraft Securitization Trust 2018-1                                                                               | Castlelake Aircraft Securitization Trust 2018-1 4.13                                      | CUSIP: 14856CAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    301556 | PA      | $264328.88    | 0.21%             | 2043-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Castlelake Aircraft Structured Trust 2021-1                                                                                   | Castlelake Aircraft Structured Trust 2021-1 3.47                                          | CUSIP: 14856GAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    391908 | PA      | $331870.78    | 0.26%             | 2046-01-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                                                                                      | Celanese US Holdings LLC 5.90 07/05/2024                                                  | CUSIP: 15089QAR5<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    490000 | PA      | $487175.65    | 0.38%             | 2024-07-05      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                                                                                              | CIFC Funding 2016-I Ltd 8.53                                                              | CUSIP: 17180TBJ0<br>LEI: 54930076OPDXR0U68E20 | Long             | ABS-CBDO         | CORP              | US        |    600000 | PA      | $527120.88    | 0.42%             | 2031-10-21      | Variable      | 8.53%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                                                                 | Citigroup Inc 5.61 09/29/2026                                                             | CUSIP: 172967NX5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    565000 | PA      | $567134.74    | 0.45%             | 2026-09-29      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| Cogent Communications Group Inc                                                                                               | Cogent Communications Group Inc 7.00 06/15/2027                                           | CUSIP: 19240CAE3<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |    600000 | PA      | $585657.00    | 0.46%             | 2027-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Cologix Canadian Issuer LP                                                                                                    | Cologix Canadian Issuer LP 4.94                                                           | CUSIP: 19521DAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | CA        |    450000 | PA      | $307441.18    | 0.24%             | 2052-01-25      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| Cologix Canadian Issuer LP                                                                                                    | Cologix Canadian Issuer LP 7.74                                                           | CUSIP: 19521DAN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | CA        |    350000 | PA      | $239464.37    | 0.19%             | 2052-01-25      | Fixed         | 7.74%                 | No            |                  2 | On Loan: No      |
| Cologix Data Centers US Issuer LLC                                                                                            | Cologix Data Centers US Issuer LLC 3.30                                                   | CUSIP: 19521UAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    550000 | PA      | $483986.91    | 0.38%             | 2051-12-26      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                                                                  | Comcast Corp 6.50 11/15/2035                                                              | CUSIP: 20030NAK7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $112145.70    | 0.09%             | 2035-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                                                                  | Comcast Corp 5.50 11/15/2032                                                              | CUSIP: 20030NEB3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    220000 | PA      | $230803.25    | 0.18%             | 2032-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Comstock Resources Inc                                                                                                        | Comstock Resources Inc 5.88 01/15/2030                                                    | CUSIP: 205768AT1<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |    560000 | PA      | $516712.00    | 0.41%             | 2030-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust 2022-R09                                                                                  | Connecticut Avenue Securities Trust 2022-R09 6.05                                         | CUSIP: 20753DAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    381656 | PA      | $378520.09    | 0.30%             | 2042-09-25      | Variable      | 6.05%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust 2022-R03                                                                                  | Connecticut Avenue Securities Trust 2022-R03 5.62                                         | CUSIP: 20753XAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    244979 | PA      | $242201.13    | 0.19%             | 2042-03-25      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| CrownRock LP / CrownRock Finance Inc                                                                                          | CrownRock LP / CrownRock Finance Inc 5.00 05/01/2029                                      | CUSIP: 228701AG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    565000 | PA      | $521156.00    | 0.41%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                                                                   | PepsiCo Inc 3.60 02/18/2028                                                               | CUSIP: 713448FL7<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    207000 | PA      | $200627.65    | 0.16%             | 2028-02-18      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                                                                           | Petroleos Mexicanos 6.70 02/16/2032                                                       | CUSIP: 71643VAB1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     85000 | PA      | $65874.73     | 0.05%             | 2032-02-16      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                                                                           | Petroleos Mexicanos 3.50 01/30/2023                                                       | CUSIP: 71654QBG6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    300000 | PA      | $297972.00    | 0.23%             | 2023-01-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                                                                           | Petroleos Mexicanos 5.95 01/28/2031                                                       | CUSIP: 71654QDE9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    450000 | PA      | $337865.34    | 0.27%             | 2031-01-28      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Pioneer Aircraft Finance Ltd                                                                                                  | Pioneer Aircraft Finance Ltd 3.97                                                         | CUSIP: 72353PAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    410436 | PA      | $319573.59    | 0.25%             | 2044-06-15      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| Progress Residential 2021-SFR1                                                                                                | Progress Residential 2021-SFR1 1.81                                                       | CUSIP: 74331FAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $629100.15    | 0.50%             | 2038-04-17      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Progress Residential 2021-SFR1                                                                                                | Progress Residential 2021-SFR1 2.11                                                       | CUSIP: 74331FAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    261000 | PA      | $217523.19    | 0.17%             | 2038-04-17      | Fixed         | 2.11%                 | No            |                  2 | On Loan: No      |
| Progress Residential 2021-SFR1                                                                                                | Progress Residential 2021-SFR1 2.76                                                       | CUSIP: 74331FAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    445000 | PA      | $374139.94    | 0.29%             | 2038-04-17      | Fixed         | 2.76%                 | No            |                  2 | On Loan: No      |
| Progress Residential 2021-SFR8 Trust                                                                                          | Progress Residential 2021-SFR8 Trust 2.38                                                 | CUSIP: 74333TAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $165415.10    | 0.13%             | 2038-10-17      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Radnor RE 2021-2 Ltd                                                                                                          | Radnor RE 2021-2 Ltd 5.40                                                                 | CUSIP: 75049GAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    534458 | PA      | $521346.34    | 0.41%             | 2031-11-25      | Variable      | 5.40%                 | No            |                  2 | On Loan: No      |
| Ready Capital Corp                                                                                                            | Ready Capital Mortgage Financing 2021-FL5 LLC 6.29                                        | CUSIP: 75574YAG8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    400000 | PA      | $381995.04    | 0.30%             | 2038-04-25      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| Ready Capital Corp                                                                                                            | Ready Capital Mortgage Financing 2021-FL6 LLC 5.94                                        | CUSIP: 75575TAG8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    350000 | PA      | $331756.11    | 0.26%             | 2036-07-25      | Variable      | 5.94%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                                                                                          | Royal Bank of Canada 4.65 01/27/2026                                                      | CUSIP: 780082AD5<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $198139.63    | 0.16%             | 2026-01-27      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                                                                                          | Royal Bank of Canada 6.00 11/01/2027                                                      | CUSIP: 78016FZU1<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    270000 | PA      | $281082.09    | 0.22%             | 2027-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SBL Holdings Inc                                                                                                              | SBL Holdings Inc 6.50                                                                     | CUSIP: 78397DAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    365000 | PA      | $278312.50    | 0.22%             | 2171-11-13      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST ASSET BACKED 144A 03/48 3.448                                                                                 | SBA TOWER TRUST ASSET BACKED 144A 03/48 3.448                                             | CUSIP: 78403DAM2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    246000 | PA      | $246000.00    | 0.19%             | 2048-03-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Navient Corp                                                                                                                  | Navient Corp 5.50 01/25/2023                                                              | CUSIP: 78442FEQ7<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    319000 | PA      | $318562.98    | 0.25%             | 2023-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Navient Corp                                                                                                                  | Navient Corp 6.13 03/25/2024                                                              | CUSIP: 78442FET1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    320000 | PA      | $319230.40    | 0.25%             | 2024-03-25      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Slam 2021-1 Ltd                                                                                                               | Slam 2021-1 Ltd 3.42                                                                      | CUSIP: 78449AAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    455750 | PA      | $370646.85    | 0.29%             | 2046-06-15      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| SMRT 2022-MINI                                                                                                                | SMRT 2022-MINI 7.15                                                                       | CUSIP: 78457JAQ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    596000 | PA      | $546393.01    | 0.43%             | 2039-01-15      | Variable      | 7.14%                 | No            |                  2 | On Loan: No      |
| Sabey Data Center Issuer LLC                                                                                                  | Sabey Data Center Issuer LLC 1.88                                                         | CUSIP: 78520EAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    323000 | PA      | $277686.20    | 0.22%             | 2046-06-20      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Safehold Operating Partnership LP                                                                                             | Safehold Operating Partnership LP 2.85 01/15/2032                                         | CUSIP: 78646UAB5<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              | CORP              | US        |    211000 | PA      | $162516.85    | 0.13%             | 2032-01-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Sammons Financial Group Inc                                                                                                   | Sammons Financial Group Inc 4.75 04/08/2032                                               | CUSIP: 79588TAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     47000 | PA      | $39722.96     | 0.03%             | 2032-04-08      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SAPPHIRE AVIATION FINANCE II LTD                                                                                              | SAPPHIRE AVIATION FINANCE II LTD 3.23                                                     | CUSIP: 80307AAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    187771 | PA      | $142040.45    | 0.11%             | 2040-03-15      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| Saudi Government International Bond                                                                                           | Saudi Government International Bond 5.50 10/25/2032                                       | CUSIP: 80413TBA6<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    210000 | PA      | $221483.01    | 0.17%             | 2032-10-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Scientific Games International Inc                                                                                            | Scientific Games International Inc 7.25 11/15/2029                                        | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    450000 | PA      | $441399.38    | 0.35%             | 2029-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Sempra Energy                                                                                                                 | Sempra Energy 4.13 04/01/2052                                                             | CUSIP: 816851BM0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    540000 | PA      | $420845.98    | 0.33%             | 2052-04-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Sensata Technologies BV                                                                                                       | Sensata Technologies BV 5.88 09/01/2030                                                   | CUSIP: 81725WAL7<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | US        |    300000 | PA      | $285247.39    | 0.22%             | 2030-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ServiceMaster Funding LLC                                                                                                     | ServiceMaster Funding LLC 2.84                                                            | CUSIP: 81761TAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    196500 | PA      | $158568.35    | 0.12%             | 2051-01-30      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| ServiceMaster Funding LLC                                                                                                     | ServiceMaster Funding LLC 3.34                                                            | CUSIP: 81761TAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    409702 | PA      | $309648.07    | 0.24%             | 2051-01-30      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| Shelter Growth CRE Issuer Ltd                                                                                                 | Shelter Growth CRE 2022-FL4 Issuer Ltd 6.23                                               | CUSIP: 82286DAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    322000 | PA      | $315656.57    | 0.25%             | 2037-06-17      | Variable      | 6.23%                 | No            |                  2 | On Loan: No      |
| Sierra Timeshare 2022-3 Receivables Funding LLC                                                                               | Sierra Timeshare 2022-3 Receivables Funding LLC 7.63                                      | CUSIP: 826934AC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    512971 | PA      | $516850.60    | 0.41%             | 2039-07-20      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                                                                                           | Societe Generale SA 3.65 07/08/2035                                                       | CUSIP: 83368RAY8<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    350000 | PA      | $273391.79    | 0.22%             | 2035-07-08      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| Lunar 2021-1 Structured Aircraft Portfolio Notes                                                                              | Lunar 2021-1 Structured Aircraft Portfolio Notes 3.43                                     | CUSIP: 83438LAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    353548 | PA      | $271886.41    | 0.21%             | 2046-10-15      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO Ltd                                                                                                           | SOUND POINT CLO VII-R Ltd 6.57                                                            | CUSIP: 83610HAG5<br>LEI: 549300IYECLSB6ZQZB89 | Long             | ABS-CBDO         | CORP              | US        |    500000 | PA      | $460970.30    | 0.36%             | 2031-10-23      | Variable      | 6.57%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa Government International Bond                                                                        | Republic of South Africa Government International Bond 5.88 06/22/2030                    | CUSIP: 836205AY0<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    800000 | PA      | $761352.00    | 0.60%             | 2030-06-22      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Southwestern Energy Co                                                                                                        | Southwestern Energy Co 5.38 03/15/2030                                                    | CUSIP: 845467AS8<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |    650000 | PA      | $611916.50    | 0.48%             | 2030-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Spirit Loyalty Cayman Ltd / Spirit IP Cayman Ltd                                                                              | Spirit Loyalty Cayman Ltd / Spirit IP Cayman Ltd 8.00 09/20/2025                          | CUSIP: 84859BAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    195000 | PA      | $197863.58    | 0.16%             | 2025-09-20      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Spirit Realty LP                                                                                                              | Spirit Realty LP 3.40 01/15/2030                                                          | CUSIP: 84861TAF5<br>LEI: 549300GTBVIBJRX5BW73 | Long             | DBT              | CORP              | US        |    680000 | PA      | $563551.46    | 0.44%             | 2030-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corp                                                                                                          | OneMain Finance Corp 8.25 10/01/2023                                                      | CUSIP: 85172FAF6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    650000 | PA      | $650747.50    | 0.51%             | 2023-10-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Spirit AeroSystems Inc                                                                                                        | Spirit AeroSystems Inc 9.38 11/30/2029                                                    | CUSIP: 85205TAN0<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |    155000 | PA      | $163331.25    | 0.13%             | 2029-11-30      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Sprint Corp                                                                                                                   | Sprint LLC 7.13 06/15/2024                                                                | CUSIP: 85207UAH8<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |    285000 | PA      | $291407.64    | 0.23%             | 2024-06-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Sprint Corp                                                                                                                   | Sprint LLC 7.63 02/15/2025                                                                | CUSIP: 85207UAJ4<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |    830000 | PA      | $860758.97    | 0.68%             | 2025-02-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Stack Infrastructure Issuer LLC                                                                                               | Stack Infrastructure Issuer LLC 4.54                                                      | CUSIP: 85236KAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    865287 | PA      | $845333.35    | 0.67%             | 2044-02-25      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Standard Industries Inc/NJ                                                                                                    | Standard Industries Inc/NJ 4.38 07/15/2030                                                | CUSIP: 853496AG2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    185000 | PA      | $151968.25    | 0.12%             | 2030-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Start Ltd/Bermuda                                                                                                             | Start Ltd/Bermuda 4.09                                                                    | CUSIP: 85572RAA7<br>LEI: 549300VIQYFIDJQCKZ43 | Long             | ABS-MBS          | CORP              | US        |    558406 | PA      | $446470.14    | 0.35%             | 2043-05-15      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| Stratus CLO LTD                                                                                                               | Stratus CLO 2021-2 Ltd 6.14                                                               | CUSIP: 86315TAE5<br>LEI: 254900QVXP4GJ625LF86 | Long             | ABS-CBDO         | CORP              | US        |    350000 | PA      | $329323.79    | 0.26%             | 2029-12-28      | Variable      | 6.14%                 | No            |                  2 | On Loan: No      |
| Surgery Center Holdings Inc                                                                                                   | SURGERY CENTER HOLDINGS, INC. 2021 TERM LOAN                                              | CUSIP: 86880NAX1<br>LEI: 54930054EVI5HWPPW113 | Long             | LON              | CORP              | US        |    396000 | PA      | $389784.78    | 0.31%             | 2026-08-31      | Variable      | 7.89%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd                                                                                                              | Symphony CLO XIV Ltd 6.11                                                                 | CUSIP: 87159QBZ0<br>LEI: 54930085JMJSZBQ6N270 | Long             | ABS-CBDO         | CORP              | US        |    500000 | PA      | $491919.10    | 0.39%             | 2026-07-14      | Variable      | 6.11%                 | No            |                  2 | On Loan: No      |
| TICP CLO Ltd                                                                                                                  | TICP CLO I-2 LTD 7.37                                                                     | CUSIP: 87248VAJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    350000 | PA      | $339829.00    | 0.27%             | 2028-04-26      | Variable      | 7.37%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA Inc                                                                                                              | T-Mobile USA Inc 4.38 04/15/2040                                                          | CUSIP: 87264AAX3<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    275000 | PA      | $239561.59    | 0.19%             | 2040-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Telecom Italia SpA/Milano                                                                                                     | Telecom Italia SpA/Milano 5.30 05/30/2024                                                 | CUSIP: 87927YAA0<br>LEI: 549300W384M3RI3VXU42 | Long             | DBT              | CORP              | IT        |    465000 | PA      | $450996.53    | 0.36%             | 2024-05-30      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp                                                                                                         | Tenet Healthcare Corp 6.13 10/01/2028                                                     | CUSIP: 88033GDJ6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    537000 | PA      | $474748.28    | 0.37%             | 2028-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank/The                                                                                                     | Toronto-Dominion Bank/The 2.00 09/10/2031                                                 | CUSIP: 89114TZJ4<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    215000 | PA      | $169574.70    | 0.13%             | 2031-09-10      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank/The                                                                                                     | Toronto-Dominion Bank/The 2.45 01/12/2032                                                 | CUSIP: 89114TZQ8<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    260000 | PA      | $211524.40    | 0.17%             | 2032-01-12      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank/The                                                                                                     | Toronto-Dominion Bank/The 3.20 03/10/2032                                                 | CUSIP: 89114TZV7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $173159.32    | 0.14%             | 2032-03-10      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                                                                                 | TransDigm Inc 4.63 01/15/2029                                                             | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    205000 | PA      | $180615.25    | 0.14%             | 2029-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Traingle Re 2021-1 Ltd                                                                                                        | Traingle Re 2021-1 Ltd 7.44                                                               | CUSIP: 89600FAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    105261 | PA      | $105255.21    | 0.08%             | 2033-08-25      | Variable      | 7.44%                 | No            |                  2 | On Loan: No      |
| Triangle Re 2021-2 Ltd                                                                                                        | Triangle Re 2021-2 Ltd 6.09                                                               | CUSIP: 89600GAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     77623 | PA      | $77582.53     | 0.06%             | 2033-10-25      | Variable      | 6.09%                 | No            |                  2 | On Loan: No      |
| Triangle Re 2021-3 Ltd                                                                                                        | Triangle Re 2021-3 Ltd 5.45                                                               | CUSIP: 89600HAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    217905 | PA      | $216798.12    | 0.17%             | 2034-02-25      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| Trinity Rail Leasing LP                                                                                                       | Trinity Rail Leasing LP 6.66                                                              | CUSIP: 89655YAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    182717 | PA      | $178358.06    | 0.14%             | 2039-11-16      | Fixed         | 6.66%                 | No            |                  2 | On Loan: No      |
| Tronox Inc                                                                                                                    | Tronox Inc 4.63 03/15/2029                                                                | CUSIP: 897051AC2<br>LEI: 549300EPZ4YXC7E5P181 | Long             | DBT              | CORP              | US        |    415000 | PA      | $334643.55    | 0.26%             | 2029-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                                                                  | UBS Group AG 2.75 02/11/2033                                                              | CUSIP: 902613AK4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    860000 | PA      | $671977.49    | 0.53%             | 2033-02-11      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| US Foods Inc                                                                                                                  | US Foods Inc 4.75 02/15/2029                                                              | CUSIP: 90290MAD3<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     52000 | PA      | $46410.00     | 0.04%             | 2029-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UniCredit SpA                                                                                                                 | UniCredit SpA 5.86 06/19/2032                                                             | CUSIP: 904678AF6<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    335000 | PA      | $291960.76    | 0.23%             | 2032-06-19      | Variable      | 5.86%                 | No            |                  2 | On Loan: No      |
| United Airlines 2020-1 Class B Pass Through Trust                                                                             | United Airlines 2020-1 Class B Pass Through Trust 4.88 07/15/2027                         | CUSIP: 90932VAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    354330 | PA      | $335691.14    | 0.26%             | 2027-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bond                                                                                          | Mexico Government International Bond 4.88 05/19/2033                                      | CUSIP: 91087BAT7<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    120000 | PA      | $112948.94    | 0.09%             | 2033-05-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United Natural Foods Inc                                                                                                      | United Natural Foods Inc 6.75 10/15/2028                                                  | CUSIP: 911163AA1<br>LEI: 549300GKGW6WPZ282D40 | Long             | DBT              | CORP              | US        |    505000 | PA      | $490466.10    | 0.39%             | 2028-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| United Rentals North America Inc                                                                                              | United Rentals North America Inc 6.00 12/15/2029                                          | CUSIP: 911365BQ6<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125863.75    | 0.10%             | 2029-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                                                                                                    | US Bancorp 5.85 10/21/2033                                                                | CUSIP: 91159HJJ0<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    325000 | PA      | $339088.56    | 0.27%             | 2033-10-21      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                                                                                 | United States Treasury Note/Bond 0.63 05/15/2030                                          | CUSIP: 912828ZQ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    825000 | PA      | $663287.11    | 0.52%             | 2030-05-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                                                                                 | United States Treasury Note/Bond 1.00 12/15/2024                                          | CUSIP: 91282CDN8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4515000 | PA      | $4224170.52   | 3.33%             | 2024-12-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                                                                                 | United States Treasury Note/Bond 1.13 01/15/2025                                          | CUSIP: 91282CDS7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    800000 | PA      | $748531.25    | 0.59%             | 2025-01-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                                                                                 | United States Treasury Note/Bond 2.88 04/30/2029                                          | CUSIP: 91282CEM9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    800000 | PA      | $758250.00    | 0.60%             | 2029-04-30      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury Note/Bond - When Issued                                                                                | United States Treasury Note/Bond 2.50 05/31/2024                                          | CUSIP: 91282CER8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2000000 | PA      | $1940039.06   | 1.53%             | 2024-05-31      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                                                                                 | United States Treasury Note/Bond 2.75 06/15/2025                                          | CUSIP: 91282CEU1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1400000 | PA      | $1356906.25   | 1.07%             | 2025-06-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                                                                                 | United States Treasury Note/Bond 3.13 08/15/2025                                          | CUSIP: 91282CFE6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6000000 | PA      | $5845078.14   | 4.60%             | 2025-08-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                                                                                 | United States Treasury Note/Bond 4.13 11/15/2032                                          | CUSIP: 91282CFV8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    900000 | PA      | $935296.88    | 0.74%             | 2032-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| United States Treasury Note/Bond - When Issued                                                                                | United States Treasury Note/Bond 4.38 11/30/2024                                          | CUSIP: 91282CFX4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3500000 | PA      | $3510664.08   | 2.77%             | 2024-11-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury Note/Bond - When Issued                                                                                | United States Treasury Note/Bond 3.88 11/30/2029                                          | CUSIP: 91282CFY2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    900000 | PA      | $907945.31    | 0.72%             | 2029-11-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                                                                                 | United States Treasury Note/Bond 3.88 11/30/2027                                          | CUSIP: 91282CFZ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $1003828.12   | 0.79%             | 2027-11-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VB-S1 Issuer LLC - VBTEL                                                                                                      | VB-S1 Issuer LLC - VBTEL 4.29                                                             | CUSIP: 91823AAY7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    425000 | PA      | $359745.50    | 0.28%             | 2052-02-15      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| VTR Finance NV                                                                                                                | VTR Finance NV 6.38 07/15/2028                                                            | CUSIP: 918374AA7<br>LEI: 213800F4XI4RJB82XM19 | Long             | DBT              | CORP              | CL        |    300000 | PA      | $132750.00    | 0.10%             | 2028-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| State Street Institutional US Government Money Market Fund                                                                    | State Street Institutional US Government Money Market Fund                                | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |    986865 | NS      | $986865.14    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Vantage Data Centers Issuer LLC                                                                                               | Vantage Data Centers Issuer LLC 4.20                                                      | CUSIP: 92211MAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    355200 | PA      | $345924.52    | 0.27%             | 2043-11-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Vantage Data Centers Issuer LLC                                                                                               | Vantage Data Centers Issuer LLC 1.65                                                      | CUSIP: 92212KAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    568000 | PA      | $496223.77    | 0.39%             | 2045-09-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust 2021-R1                                                                                            | Verus Securitization Trust 2021-R1 2.34                                                   | CUSIP: 92538BAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $120308.10    | 0.09%             | 2063-10-25      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                                                                                              | Paramount Global 6.25 02/28/2057                                                          | CUSIP: 92553PBC5<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    430000 | PA      | $360125.00    | 0.28%             | 2057-02-28      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                                                                                              | Paramount Global 6.38 03/30/2062                                                          | CUSIP: 92556HAE7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    415000 | PA      | $343791.48    | 0.27%             | 2062-03-30      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Vibrant CLO Ltd                                                                                                               | Vibrant Clo VII Ltd 6.64                                                                  | CUSIP: 92558BAE8<br>LEI: 5493007DQ2IM8HOLV582 | Long             | ABS-CBDO         | CORP              | US        |    350000 | PA      | $332672.10    | 0.26%             | 2030-09-15      | Variable      | 6.64%                 | No            |                  2 | On Loan: No      |
| VICI Properties LP                                                                                                            | VICI Properties LP 4.38 05/15/2025                                                        | CUSIP: 925650AA1<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |    385000 | PA      | $370975.94    | 0.29%             | 2025-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                                                                              | Wells Fargo & Co 3.00 10/23/2026                                                          | CUSIP: 949746SH5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93446.15     | 0.07%             | 2026-10-23      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                                                                              | Wells Fargo & Co 4.54 08/15/2026                                                          | CUSIP: 95000U3C5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     80000 | PA      | $78413.86     | 0.06%             | 2026-08-15      | Variable      | 4.54%                 | No            |                  2 | On Loan: No      |
| Welltower Inc                                                                                                                 | Welltower Inc 4.25 04/15/2028                                                             | CUSIP: 95040QAD6<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              | CORP              | US        |    355000 | PA      | $336206.67    | 0.26%             | 2028-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Welltower Inc                                                                                                                 | Welltower Inc 2.70 02/15/2027                                                             | CUSIP: 95040QAK0<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91112.43     | 0.07%             | 2027-02-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Wingstop Funding LLC                                                                                                          | Wingstop Funding LLC 2.84                                                                 | CUSIP: 974153AB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    496250 | PA      | $424429.38    | 0.33%             | 2050-12-05      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| IHS Netherlands Holdco BV                                                                                                     | IHS Netherlands Holdco BV 8.00 09/18/2027                                                 | CUSIP: N/A<br>LEI: 5493006Z6YQYCCN2XI74       | Long             | DBT              | CORP              | NL        |    550000 | PA      | $462010.69    | 0.36%             | 2027-09-18      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CBOT US Long Bond Future                                                                                                      | US LONG BOND(CBT) Mar23                                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |       -16 | NC      | $10809.69     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Ultra Long Term US Treasury                                                                                               | US ULTRA BOND CBT Mar23                                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |        -2 | NC      | $4104.36      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOT 10 Year US Treasury Note                                                                                                 | US 10YR NOTE (CBT)Mar23                                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |        23 | NC      | $3153.20      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOT 10 Year Ultra US Treasury Note                                                                                           | US 10yr Ultra Fut Mar23                                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |        80 | NC      | $-15629.04    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| CBOT 5 Year US Treasury Note                                                                                                  | US 5YR NOTE (CBT) Mar23                                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |        48 | NC      | $10523.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOT 2 Year US Treasury Note                                                                                                  | US 2YR NOTE (CBT) Mar23                                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |        29 | NC      | $8560.04      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Jazz Financing Lux Sarl                                                                                                       | JAZZ FINANCING LUX SARL USD TERM LOAN                                                     | CUSIP: N/A<br>LEI: 635400WUEO2NSG5OIU34       | Long             | LON              | CORP              | LU        |    446479 | PA      | $443793.54    | 0.35%             | 2028-05-05      | Variable      | 7.36%                 | No            |                  2 | On Loan: No      |
| Dominican Republic International Bond                                                                                         | Dominican Republic International Bond 6.88 01/29/2026                                     | CUSIP: N/A<br>LEI: 254900EHU7Q8FGVPI369       | Long             | DBT              | NUSS              | DO        |    400000 | PA      | $405131.62    | 0.32%             | 2026-01-29      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Trinidad & Tobago Government International Bond                                                                               | Trinidad & Tobago Government International Bond 4.50 08/04/2026                           | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | TT        |    400000 | PA      | $393897.34    | 0.31%             | 2026-08-04      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMMC CDO                                                                                                                      | AMMC CLO XIV Ltd 7.96                                                                     | CUSIP: 00175LAN2<br>LEI: 549300LU2QIHE9T9V444 | Long             | ABS-CBDO         | CORP              | US        |    500000 | PA      | $469527.40    | 0.37%             | 2029-07-25      | Variable      | 7.96%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                                                                      | AT&T Inc 4.50 05/15/2035                                                                  | CUSIP: 00206RCP5<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    160000 | PA      | $146760.82    | 0.12%             | 2035-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| American Airlines Inc/AAdvantage Loyalty IP Ltd                                                                               | American Airlines Inc/AAdvantage Loyalty IP Ltd 5.50 04/20/2026                           | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    205000 | PA      | $199157.13    | 0.16%             | 2026-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                                                     | AerCap Ireland Capital DAC / AerCap Global Aviation Trust 4.45 04/03/2026                 | CUSIP: 00774MAL9<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    150000 | PA      | $144028.23    | 0.11%             | 2026-04-03      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Deephaven Residential Mortgage Trust 2021-3                                                                                   | Deephaven Residential Mortgage Trust 2021-3 1.19                                          | CUSIP: 24381VAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    335333 | PA      | $277054.20    | 0.22%             | 2066-08-25      | Variable      | 1.19%                 | No            |                  2 | On Loan: No      |
| Dell International LLC / EMC Corp                                                                                             | Dell International LLC / EMC Corp 6.02 06/15/2026                                         | CUSIP: 24703TAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    270000 | PA      | $275884.78    | 0.22%             | 2026-06-15      | Floating      | 6.02%                 | No            |                  2 | On Loan: No      |
| Dell International LLC / EMC Corp                                                                                             | Dell International LLC / EMC Corp 6.10 07/15/2027                                         | CUSIP: 24703TAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $102845.89    | 0.08%             | 2027-07-15      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                                                                              | Deutsche Bank AG 4.30 05/24/2028                                                          | CUSIP: 251525AM3<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    600000 | PA      | $558052.60    | 0.44%             | 2028-05-24      | Variable      | 4.30%                 | No            |                  2 | On Loan: No      |
| Diamond Issuer                                                                                                                | Diamond Issuer 2.31                                                                       | CUSIP: 25267TAN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    338000 | PA      | $282379.73    | 0.22%             | 2051-11-20      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| Diamond Issuer                                                                                                                | Diamond Issuer 3.79                                                                       | CUSIP: 25267TAS0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    575000 | PA      | $455079.04    | 0.36%             | 2051-11-20      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| Discover Bank                                                                                                                 | Discover Bank 4.68 08/09/2028                                                             | CUSIP: 25466AAN1<br>LEI: X05BVSK68TQ7YTOSNR22 | Long             | DBT              | CORP              | US        |    935000 | PA      | $900683.23    | 0.71%             | 2028-08-09      | Variable      | 4.68%                 | No            |                  2 | On Loan: No      |
| DISH Network Corp                                                                                                             | DISH Network Corp 11.75 11/15/2027                                                        | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |    505000 | PA      | $519685.40    | 0.41%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| DISH DBS Corp                                                                                                                 | DISH DBS Corp 5.25 12/01/2026                                                             | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    580000 | PA      | $499017.50    | 0.39%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Domino's Pizza Master Issuer LLC                                                                                              | Domino's Pizza Master Issuer LLC 4.47                                                     | CUSIP: 25755TAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    188000 | PA      | $178853.99    | 0.14%             | 2045-10-25      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| Domino's Pizza Master Issuer LLC                                                                                              | Domino's Pizza Master Issuer LLC 4.12                                                     | CUSIP: 25755TAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    525120 | PA      | $493807.62    | 0.39%             | 2048-07-25      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Domino's Pizza Master Issuer LLC                                                                                              | Domino's Pizza Master Issuer LLC 3.67                                                     | CUSIP: 25755TAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    471662 | PA      | $400321.52    | 0.32%             | 2049-10-25      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| ERP Operating LP                                                                                                              | ERP Operating LP 4.15 12/01/2028                                                          | CUSIP: 26884ABK8<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37782.67     | 0.03%             | 2028-12-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| EPR Properties                                                                                                                | EPR Properties 4.75 12/15/2026                                                            | CUSIP: 26884UAC3<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |    473000 | PA      | $422230.29    | 0.33%             | 2026-12-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EPR Properties                                                                                                                | EPR Properties 4.95 04/15/2028                                                            | CUSIP: 26884UAE9<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |     89000 | PA      | $77301.19     | 0.06%             | 2028-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| EQM Midstream Partners LP                                                                                                     | EQM Midstream Partners LP 7.50 06/01/2027                                                 | CUSIP: 26885BAM2<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    380000 | PA      | $384447.90    | 0.30%             | 2027-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Ecopetrol SA                                                                                                                  | Ecopetrol SA 5.88 09/18/2023                                                              | CUSIP: 279158AC3<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    530000 | PA      | $526960.45    | 0.42%             | 2023-09-18      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| EdgeConneX Data Centers Issuer                                                                                                | EdgeConneX Data Centers Issuer LLC 4.25                                                   | CUSIP: 28000XAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    292285 | PA      | $267940.23    | 0.21%             | 2052-03-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FEL Energy VI Sarl                                                                                                            | FEL Energy VI Sarl 5.75 12/01/2040                                                        | CUSIP: 30260LAA3<br>LEI: 254900H2U8PBIY32VI94 | Long             | DBT              | CORP              | LU        |    753511 | PA      | $621329.85    | 0.49%             | 2040-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FS KKR Capital Corp                                                                                                           | FS KKR Capital Corp 4.25 02/14/2025                                                       | CUSIP: 30313RAA7<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |    761000 | PA      | $716002.54    | 0.56%             | 2025-02-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Falcon 2019-1 Aerospace Ltd                                                                                                   | Falcon 2019-1 Aerospace Ltd 3.60                                                          | CUSIP: 30610GAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | IE        |    383526 | PA      | $316370.77    | 0.25%             | 2039-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| FARM 21-1 Mortgage Trust                                                                                                      | FARM 21-1 Mortgage Trust 3.24                                                             | CUSIP: 30768WAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    583020 | PA      | $422721.40    | 0.33%             | 2051-07-25      | Variable      | 3.24%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Structured Agency                                                                                                 | Freddie Mac Structured Agency Credit Risk Debt Notes 6.47                                 | CUSIP: 3137G0SN0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | CORP              | US        |    193355 | PA      | $191052.18    | 0.15%             | 2042-12-25      | Variable      | 6.47%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                                                                                           | Fifth Third Bancorp 6.36 10/27/2028                                                       | CUSIP: 316773DJ6<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    435000 | PA      | $450714.84    | 0.36%             | 2028-10-27      | Variable      | 6.36%                 | No            |                  2 | On Loan: No      |
| FirstKey Homes 2021-SFR1 Trust                                                                                                | FirstKey Homes 2021-SFR1 Trust 2.39                                                       | CUSIP: 33767WAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $491548.02    | 0.39%             | 2038-08-17      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| Flexential Issuer 2021-1                                                                                                      | Flexential Issuer 2021-1 3.25                                                             | CUSIP: 33938MAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    525000 | PA      | $457754.75    | 0.36%             | 2051-11-27      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Ford Motor Co                                                                                                                 | Ford Motor Co 6.10 08/19/2032                                                             | CUSIP: 345370DB3<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    300000 | PA      | $288230.31    | 0.23%             | 2032-08-19      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                                                                                      | Ford Motor Credit Co LLC 4.95 05/28/2027                                                  | CUSIP: 345397C27<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    260000 | PA      | $246338.30    | 0.19%             | 2027-05-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Structured Agency                                                                                                 | Freddie Mac Structured Agency Credit Risk Debt Notes 4.32                                 | CUSIP: 35564KCU1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | CORP              | US        |    302176 | PA      | $301295.26    | 0.24%             | 2033-08-25      | Variable      | 4.32%                 | No            |                  2 | On Loan: No      |
| Freddie Mac STACR REMIC Trust 2022-DNA6                                                                                       | Freddie Mac STACR REMIC Trust 2022-DNA6 5.67                                              | CUSIP: 35564KH36<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    232763 | PA      | $231402.95    | 0.18%             | 2042-09-25      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| Freddie Mac STACR REMIC Trust 2021-DNA6                                                                                       | Freddie Mac STACR REMIC Trust 2021-HQA3 4.37                                              | CUSIP: 35564KJG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    446144 | PA      | $425952.23    | 0.34%             | 2041-09-25      | Variable      | 4.37%                 | No            |                  2 | On Loan: No      |
| Freddie Mac STACR REMIC Trust 2022-DNA3                                                                                       | Freddie Mac STACR REMIC Trust 2022-DNA3 5.52                                              | CUSIP: 35564KUW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    425005 | PA      | $419723.61    | 0.33%             | 2042-04-25      | Variable      | 5.52%                 | No            |                  2 | On Loan: No      |
| Freddie Mac STACR REMIC Trust 2020-HQA4                                                                                       | Freddie Mac STACR REMIC Trust 2020-HQA4 7.17                                              | CUSIP: 35565RAH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    142541 | PA      | $142546.29    | 0.11%             | 2050-09-25      | Variable      | 7.17%                 | No            |                  2 | On Loan: No      |
| GUSAP III LP                                                                                                                  | GUSAP III LP 4.25 01/21/2030                                                              | CUSIP: 36258GAA5<br>LEI: 549300WY05UJ7WTHIN64 | Long             | DBT              | CORP              | US        |    250000 | PA      | $226791.25    | 0.18%             | 2030-01-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co Inc                                                                                               | General Motors Financial Co Inc 4.30 07/13/2025                                           | CUSIP: 37045XAZ9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     96000 | PA      | $93290.41     | 0.07%             | 2025-07-13      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co Inc                                                                                               | General Motors Financial Co Inc 3.80 04/07/2025                                           | CUSIP: 37045XDU7<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    415000 | PA      | $401315.98    | 0.32%             | 2025-04-07      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Geopark Ltd                                                                                                                   | Geopark Ltd 5.50 01/17/2027                                                               | CUSIP: 37255BAB5<br>LEI: 529900ZR5QI19AH4KZ07 | Long             | DBT              | CORP              | CO        |    800000 | PA      | $702076.00    | 0.55%             | 2027-01-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                                                                                   | Goldman Sachs Group Inc/The 4.00 03/03/2024                                               | CUSIP: 38141GVM3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98878.98     | 0.08%             | 2024-03-03      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                                                                                   | Goldman Sachs Group Inc/The 3.81 04/23/2029                                               | CUSIP: 38141GWV2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     34000 | PA      | $31308.95     | 0.02%             | 2029-04-23      | Variable      | 3.81%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                                                                                   | Goldman Sachs Group Inc/The 1.95 10/21/2027                                               | CUSIP: 38141GYM0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    314000 | PA      | $275056.38    | 0.22%             | 2027-10-21      | Variable      | 1.95%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                                                                                   | Goldman Sachs Group Inc/The 2.64 02/24/2028                                               | CUSIP: 38141GZK3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    415000 | PA      | $370512.53    | 0.29%             | 2028-02-24      | Variable      | 2.64%                 | No            |                  2 | On Loan: No      |
| Great Wolf Trust 2019-WOLF                                                                                                    | Great Wolf Trust 2019-WOLF 5.51                                                           | CUSIP: 39152TAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    253000 | PA      | $241368.50    | 0.19%             | 2036-12-15      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| Greystone Commercial Real Esta                                                                                                | Greystone CRE Notes 2019-FL2 Ltd 6.28                                                     | CUSIP: 39809LAG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    197000 | PA      | $192552.74    | 0.15%             | 2037-09-15      | Variable      | 6.28%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                                                             | HSBC Holdings PLC 4.25 08/18/2025                                                         | CUSIP: 404280AU3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $192130.81    | 0.15%             | 2025-08-18      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                                                             | HSBC Holdings PLC 5.40 08/11/2033                                                         | CUSIP: 404280DH9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    299000 | PA      | $280325.29    | 0.22%             | 2033-08-11      | Variable      | 5.40%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Trust 2017-A                                                                                           | Hilton Grand Vacations Trust 2017-A 2.96                                                  | CUSIP: 43283AAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    543102 | PA      | $528529.78    | 0.42%             | 2028-12-26      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| Holly Energy Partners LP / Holly Energy Finance Corp                                                                          | Holly Energy Partners LP / Holly Energy Finance Corp 6.38 04/15/2027                      | CUSIP: 435765AJ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    225000 | PA      | $220510.38    | 0.17%             | 2027-04-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Home RE 2022-1 Ltd                                                                                                            | Home RE 2022-1 Ltd 6.37                                                                   | CUSIP: 43730GAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    125000 | PA      | $122454.74    | 0.10%             | 2034-10-25      | Variable      | 6.37%                 | No            |                  2 | On Loan: No      |
| Huntington National Bank/The                                                                                                  | Huntington National Bank/The 5.65 01/10/2030                                              | CUSIP: 44644MAJ0<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |    435000 | PA      | $438571.58    | 0.35%             | 2030-01-10      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| iStar Inc                                                                                                                     | iStar Inc 4.75 10/01/2024                                                                 | CUSIP: 45031UCF6<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | DBT              | CORP              | US        |     67000 | PA      | $66006.49     | 0.05%             | 2024-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Illumina Inc                                                                                                                  | Illumina Inc 5.80 12/12/2025                                                              | CUSIP: 452327AN9<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |    630000 | PA      | $633637.34    | 0.50%             | 2025-12-12      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc                                                                                                             | Iron Mountain Inc 5.63 07/15/2032                                                         | CUSIP: 46284VAL5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    760000 | PA      | $672693.40    | 0.53%             | 2032-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                                                                           | JPMorgan Chase & Co 3.30 04/01/2026                                                       | CUSIP: 46625HQW3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95600.13     | 0.08%             | 2026-04-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                                                                           | JPMorgan Chase & Co 2.52 04/22/2031                                                       | CUSIP: 46647PBL9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     66000 | PA      | $54662.76     | 0.04%             | 2031-04-22      | Variable      | 2.52%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                                                                           | JPMorgan Chase & Co 2.07 06/01/2029                                                       | CUSIP: 46647PCJ3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     78000 | PA      | $65658.65     | 0.05%             | 2029-06-01      | Variable      | 2.07%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Chase Commercial Mortgage Securities Trust 2018-AON                                                               | J.P. Morgan Chase Commercial Mortgage Securities Trust 2018-AON 4.13                      | CUSIP: 46649XAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    282000 | PA      | $264243.28    | 0.21%             | 2031-07-05      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                                                                           | JPMorgan Chase & Co (pfd) 4.60% 08/01/2171 Perpetual                                      | CUSIP: 48128BAG6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |   1050000 | NS      | $934500.00    | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| KVK CLO 2013-1 Ltd                                                                                                            | KVK CLO 2013-1 Ltd 6.96                                                                   | CUSIP: 482739AJ8<br>LEI: 5493007VGL59COTLZY21 | Long             | ABS-CBDO         | CORP              | US        |    250000 | PA      | $242336.28    | 0.19%             | 2028-01-14      | Variable      | 6.96%                 | No            |                  2 | On Loan: No      |
| Kenbourne Invest SA                                                                                                           | Kenbourne Invest SA 4.70 01/22/2028                                                       | CUSIP: 48855KAC4<br>LEI: 222100QGH6Y9KFYZ4B27 | Long             | DBT              | CORP              | LU        |    343000 | PA      | $249297.77    | 0.20%             | 2028-01-22      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp                                                            | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 5.25 10/01/2025        | CUSIP: 505742AG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    669000 | PA      | $636446.46    | 0.50%             | 2025-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp                                                            | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 4.75 06/15/2029        | CUSIP: 505742AP1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    221000 | PA      | $180923.50    | 0.14%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing Inc                                                                                                         | Level 3 Financing Inc 3.40 03/01/2027                                                     | CUSIP: 527298BP7<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    625000 | PA      | $534123.80    | 0.42%             | 2027-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Life 2021-BMR Mortgage Trust                                                                                                  | Life 2021-BMR Mortgage Trust 6.23                                                         | CUSIP: 53218CAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    237879 | PA      | $223075.34    | 0.18%             | 2038-03-15      | Variable      | 6.23%                 | No            |                  2 | On Loan: No      |
| LUNAR AIRCRAFT 2020-1 LTD                                                                                                     | LUNAR AIRCRAFT 2020-1 LTD 3.38                                                            | CUSIP: 55037LAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    286415 | PA      | $229039.11    | 0.18%             | 2045-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MEG Energy Corp                                                                                                               | MEG Energy Corp 5.88 02/01/2029                                                           | CUSIP: 552704AF5<br>LEI: 5493002WXPTG5ZC1T326 | Long             | DBT              | CORP              | CA        |    645000 | PA      | $612785.48    | 0.48%             | 2029-02-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga                                                                                                | MF1 Multifamily Housing Mortgage Loan Trust 6.48                                          | CUSIP: 55282XAJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    400000 | PA      | $381758.80    | 0.30%             | 2036-07-15      | Variable      | 6.48%                 | No            |                  2 | On Loan: No      |
| MAPS 2021-1 Trust                                                                                                             | MAPS 2021-1 Trust 2.52                                                                    | CUSIP: 55292RAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    380731 | PA      | $315180.97    | 0.25%             | 2046-06-15      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| MHP 2022-MHIL                                                                                                                 | MHP 2022-MHIL 5.41                                                                        | CUSIP: 55293DAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    489716 | PA      | $455554.75    | 0.36%             | 2027-01-15      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| MACH 1 Cayman 2019-1 Ltd                                                                                                      | MACH 1 Cayman 2019-1 Ltd 3.47                                                             | CUSIP: 55446MAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    291660 | PA      | $256500.53    | 0.20%             | 2039-10-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| Macy's Retail Holdings LLC                                                                                                    | Macy's Retail Holdings LLC 5.88 03/15/2030                                                | CUSIP: 55617LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $76826.83     | 0.06%             | 2030-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                                                                                                      | Madison Park Funding XIX Ltd 8.67                                                         | CUSIP: 55819RAG0<br>LEI: 254900END3IQSN7CTN87 | Long             | ABS-CBDO         | CORP              | US        |    475000 | PA      | $428797.37    | 0.34%             | 2028-01-22      | Variable      | 8.67%                 | No            |                  2 | On Loan: No      |
| Magallanes Inc                                                                                                                | Warnermedia Holdings Inc 3.76 03/15/2027                                                  | CUSIP: 55903VAG8<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    145000 | PA      | $132213.66    | 0.10%             | 2027-03-15      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| Magallanes Inc                                                                                                                | Warnermedia Holdings Inc 5.14 03/15/2052                                                  | CUSIP: 55903VAQ6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    257000 | PA      | $199433.31    | 0.16%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| Marathon CLO Ltd                                                                                                              | Marathon CLO V Ltd 5.55                                                                   | CUSIP: 56576QAN8<br>LEI: 635400LRBGQZIPTCBI09 | Long             | ABS-CBDO         | CORP              | US        |     83002 | PA      | $82762.65     | 0.07%             | 2027-11-21      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| McAfee Corp                                                                                                                   | MCAFEE LLC 2022 USD TERM LOAN B                                                           | CUSIP: 57906HAD9<br>LEI: 2549009UKR8UEZYVCR93 | Long             | LON              | CORP              | US        |    354112 | PA      | $337515.25    | 0.27%             | 2029-03-01      | Variable      | 7.93%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga                                                                                                | MF1 2020-FL4 Ltd 8.08                                                                     | CUSIP: 58003UAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    585000 | PA      | $570288.77    | 0.45%             | 2035-11-15      | Variable      | 8.08%                 | No            |                  2 | On Loan: No      |
| Med Trust 2021-MDLN                                                                                                           | Med Trust 2021-MDLN 7.88                                                                  | CUSIP: 58403YAX4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    371450 | PA      | $341593.22    | 0.27%             | 2038-11-15      | Variable      | 7.88%                 | No            |                  2 | On Loan: No      |
| Micron Technology Inc                                                                                                         | Micron Technology Inc 6.75 11/01/2029                                                     | CUSIP: 595112BV4<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    275000 | PA      | $286596.06    | 0.23%             | 2029-11-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd                                                     | Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd 6.50 06/20/2027 | CUSIP: 599191AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    216231 | PA      | $215419.45    | 0.17%             | 2027-06-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                                                                | Morgan Stanley 2.70 01/22/2031                                                            | CUSIP: 6174468L6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    705000 | PA      | $591588.02    | 0.47%             | 2031-01-22      | Variable      | 2.70%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                                                                | Morgan Stanley 0.99 12/10/2026                                                            | CUSIP: 6174468V4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87745.82     | 0.07%             | 2026-12-10      | Variable      | 0.98%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                                                                | Morgan Stanley 2.48 09/16/2036                                                            | CUSIP: 61747YEF8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     97000 | PA      | $72176.73     | 0.06%             | 2036-09-16      | Variable      | 2.48%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                                                                | Morgan Stanley 2.63 02/18/2026                                                            | CUSIP: 61747YEM3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    240000 | PA      | $225887.33    | 0.18%             | 2026-02-18      | Variable      | 2.63%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                                                                | Morgan Stanley 6.34 10/18/2033                                                            | CUSIP: 61747YEY7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    375000 | PA      | $399126.56    | 0.31%             | 2033-10-18      | Variable      | 6.34%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LP                                                                                                           | Medline Borrower LP 3.88 04/01/2029                                                       | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    585000 | PA      | $503617.73    | 0.40%             | 2029-04-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NP SPE II LLC                                                                                                                 | NP SPE II LLC 2.57                                                                        | CUSIP: 62954JAA2<br>LEI: 549300M4DFCB4G0UM882 | Long             | ABS-MBS          | CORP              | US        |    400733 | PA      | $376595.78    | 0.30%             | 2049-09-20      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| National Retail Properties Inc                                                                                                | National Retail Properties Inc 4.30 10/15/2028                                            | CUSIP: 637417AL0<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              | CORP              | US        |    690000 | PA      | $644948.03    | 0.51%             | 2028-10-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                                                                                                   | Nationwide Building Society 4.85 07/27/2027                                               | CUSIP: 63861VAH0<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    497000 | PA      | $486681.96    | 0.38%             | 2027-07-27      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| NatWest Group PLC                                                                                                             | NatWest Group PLC 5.52 09/30/2028                                                         | CUSIP: 639057AF5<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    475000 | PA      | $467088.11    | 0.37%             | 2028-09-30      | Variable      | 5.52%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp                                                                                                     | Occidental Petroleum Corp 6.38 09/01/2028                                                 | CUSIP: 674599EC5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    520000 | PA      | $531515.40    | 0.42%             | 2028-09-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Octagon Investment Partners Lt                                                                                                | Octagon Investment Partners XV Ltd 6.23                                                   | CUSIP: 67590EBL7<br>LEI: 549300VYCI9AZ4NZBX86 | Long             | ABS-CBDO         | CORP              | US        |    300000 | PA      | $284346.30    | 0.22%             | 2030-07-19      | Variable      | 6.23%                 | No            |                  2 | On Loan: No      |
| One New York Plaza Trust 2020-1NYP                                                                                            | One New York Plaza Trust 2020-1NYP 5.38                                                   | CUSIP: 68249DAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    229000 | PA      | $214071.38    | 0.17%             | 2036-01-15      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| Owens & Minor Inc                                                                                                             | Owens & Minor Inc 6.63 04/01/2030                                                         | CUSIP: 690732AG7<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |    565000 | PA      | $502850.00    | 0.40%             | 2030-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Owl Rock Capital Corp                                                                                                         | Owl Rock Capital Corp 3.40 07/15/2026                                                     | CUSIP: 69121KAE4<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |    718000 | PA      | $632399.26    | 0.50%             | 2026-07-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group Inc/The                                                                                          | PNC Financial Services Group Inc/The (pfd) 3.40% 12/15/2170 Perpetual                     | CUSIP: 693475BC8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EP               | CORP              | US        |    375000 | NS      | $289501.24    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Intercontinental Exchange Inc                                                                                                 | MARKIT CDX.NA.HY.39 12/27                                                                 | CUSIP: SPKK09R19<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |   2210000 | OU      | $-36921.54    | -0.03%            | 2027-12-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-19

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

**Signature:** Amy R. Bitter

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

**Title:** Assistant Treasurer