# EDGAR Filing Document

**Accession Number:** 0000795264
**File Stem:** 0000894189-26-001416
**Filing Date:** 2026-1
**Character Count:** 189394
**Document Hash:** bcebdc73ace676c2fca556207a8cddde
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-001416.hdr.sgml**: 20260123

**ACCESSION NUMBER**: 0000894189-26-001416

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260123

**DATE AS OF CHANGE**: 20260123

**PERIOD START**: 20251130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** THOMPSON IM FUNDS INC
- **CENTRAL INDEX KEY:** 0000795264

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04946
- **FILM NUMBER:** 26556684

**BUSINESS ADDRESS:**
- **STREET 1:** 1255 FOURIER DRIVE
- **STREET 2:** SUITE 200
- **CITY:** MADISON
- **STATE:** WI
- **ZIP:** 53717
- **BUSINESS PHONE:** 608-827-5700

**MAIL ADDRESS:**
- **STREET 1:** 1255 FOURIER DRIVE
- **STREET 2:** SUITE 200
- **CITY:** MADISON
- **STATE:** WI
- **ZIP:** 53717

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** THOMPSON PLUMB FUNDS INC
- **DATE OF NAME CHANGE:** 19970401

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** THOMPSON UNGER & PLUMB FUNDS INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MADISON TOTAL RETURN FUND INC
- **DATE OF NAME CHANGE:** 19861222

## Series and Classes Contracts Data

### Thompson Bond Fund (Series ID: S000002452)

| Class ID   | Class Name         | Ticker Symbol   |
|:---|:---|:---|
| C000006582 | Thompson Bond Fund | thopx           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Thompson IM Funds, Inc.

- **b. Investment Company Act file number:** 811-04946

- **c. CIK number of Registrant:** 0000795264

- **d. LEI of Registrant:** 549300QQSO0I7KNHS575

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

  - **Street Address 1:** 1255 Fourier Drive

  - **City:** Madison

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53717

  - **Telephone number:** 608-827-5700

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

- **a. Name of Series:** Thompson Bond Fund

- **b. EDGAR series identifier (if any):** S000002452

- **c. LEI of Series:** 549300Z2BP7MCEI83F15

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

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-11-30

**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:** $1861334780.21

**Total Liabilities:** $1115428.76

**Net Assets:** $1860219351.45

**Cash Not Reported:** $8674174.26

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 106082.439461000000 | **1-Year:** 73519.853063000000 | **5-Year:** 171958.667018000000 | **10-Year:** 153519.069883000000 | **30-Year:** 48108.610752000000

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

- **3-Month:** 44304.543976000000 | **1-Year:** 9621.790317000000 | **5-Year:** 28008.761721000000 | **10-Year:** 7522.718362000000 | **30-Year:** 1436.538950000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000006582 | 0.52%                | 0.56%                | 0.75%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-376037.39              | $3048683.77                                |
| Month 2  | $-5451434.29             | $9372552.73                                |
| Month 3  | $15529.35                | $6501088.01                                |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| WARNER MEDIA LLC                    | Warner Media LLC                                                    | CUSIP: 00184AAG0<br>LEI: 5493004RSX004WU3UT62 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2221875.00   | 0.12%             | 2032-05-01      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| PELORUS FUND REIT LLC               | Pelorus Fund REIT LLC                                               | CUSIP: 70615PAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5000274.10   | 0.27%             | 2026-09-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                  | Realty Income Corp                                                  | CUSIP: 756109BQ6<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |    703000 | PA      | $703063.25    | 0.04%             | 2026-01-13      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| TEXTRON INC                         | Textron Inc                                                         | CUSIP: 883203CD1<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | DBT              | CORP              | US        |   2350000 | PA      | $2551346.17   | 0.14%             | 2033-11-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| WACHOVIA CORP                       | Wachovia Corp                                                       | CUSIP: 929903AM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1042094.96   | 0.06%             | 2035-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A      | Government National Mortgage Association                            | CUSIP: 38382JAQ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1029920 | PA      | $449472.96    | 0.02%             | 2050-09-16      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A      | Government National Mortgage Association                            | CUSIP: 38382RXT0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    389458 | PA      | $314327.20    | 0.02%             | 2051-04-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A      | Government National Mortgage Association                            | CUSIP: 38382WPA9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2713364 | PA      | $1919979.89   | 0.10%             | 2051-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A      | Government National Mortgage Association                            | CUSIP: 38382XY33<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1233097 | PA      | $515193.70    | 0.03%             | 2051-09-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HSG FIN & DEV CORP S      | Hawaii Housing Finance and Development Corp                         | CUSIP: 419818HM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     94556 | PA      | $89774.13     | 0.00%             | 2037-07-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP            | Host Hotels & Resorts LP                                            | CUSIP: 44107TAZ9<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |    625000 | PA      | $593821.16    | 0.03%             | 2030-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                          | Humana Inc                                                          | CUSIP: 444859BY7<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4754215.53   | 0.26%             | 2034-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| LEGGETT & PLATT INC                 | Leggett & Platt Inc                                                 | CUSIP: 524660AZ0<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | DBT              | CORP              | US        |   8165000 | PA      | $8026382.47   | 0.43%             | 2029-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| MEDALLION FINANCIAL CORP            | Medallion Financial Corp                                            | CUSIP: 583928AJ5<br>LEI: 549300FJ4FMGJ2C34Y48 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5150000.00   | 0.28%             | 2028-09-30      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| DCAL AVIATION FINANCE LIMITED       | AIM Aviation Finance Ltd                                            | CUSIP: 001406AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    486672 | PA      | $474018.58    | 0.03%             | 2040-02-15      | Variable      | 6.21%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E            | Alexandria Real Estate Equities Inc                                 | CUSIP: 015271BC2<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |    750000 | PA      | $746581.88    | 0.04%             | 2036-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                    | Berry Global Inc                                                    | CUSIP: 08576PAL5<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   3550000 | PA      | $3652054.90   | 0.20%             | 2028-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                       | Boeing Co/The                                                       | CUSIP: 097023AU9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1086540.42   | 0.06%             | 2033-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Brean Asset Backed Securities       | Brean Asset Backed Securities Trust 2025-RM13                       | CUSIP: 10638PAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2996464 | PA      | $2904464.67   | 0.16%             | 2065-10-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                 | COMM 2014-UBS4 Mortgage Trust                                       | CUSIP: 12591QAD4<br>LEI: 5493004GWEVMOU8S3L34 | Long             | ABS-MBS          | CORP              | US        |   9740000 | PA      | $2145235.00   | 0.12%             | 2047-08-10      | Variable      | 4.87%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                 | COMM 2014-CCRE16 Mortgage Trust                                     | CUSIP: 12591VAK7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4737550.00   | 0.25%             | 2047-04-10      | Variable      | 4.94%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust        | CSMC Trust 2016-NXSR                                                | CUSIP: 12594PBB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2835506.10   | 0.15%             | 2049-12-15      | Variable      | 4.54%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                 | COMM 2012-CCRE4 Mortgage Trust                                      | CUSIP: 12624QAT0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2765107.20   | 0.15%             | 2045-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus      | CSAIL 2015-C3 Commercial Mortgage Trust                             | CUSIP: 12635FAY0<br>LEI: 549300ZAGI6FKGY8O078 | Long             | ABS-MBS          | CORP              | US        |   3905000 | PA      | $3657891.60   | 0.20%             | 2048-08-15      | Variable      | 3.94%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                     | CVS Health Corp                                                     | CUSIP: 126650CM0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   4770000 | PA      | $4724063.37   | 0.25%             | 2035-07-20      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                       | Citigroup Inc                                                       | CUSIP: 172967DS7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    868000 | PA      | $780122.92    | 0.04%             | 2036-08-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                       | Citigroup Inc                                                       | CUSIP: 1730T0A82<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | SN               | CORP              | US        |    245000 | PA      | $220777.59    | 0.01%             | 2028-11-15      | Variable      | 2.30%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                       | Citigroup Inc                                                       | CUSIP: 1730T0UG2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | SN               | CORP              | US        |    740000 | PA      | $672457.98    | 0.04%             | 2028-07-09      | Variable      | 2.33%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                         | Citibank NA                                                         | CUSIP: 17325FBG2<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |    750000 | PA      | $798948.91    | 0.04%             | 2034-04-30      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| COLGATE-PALMOLIVE CO                | Colgate-Palmolive Co                                                | CUSIP: 19416QDJ6<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1367681.08   | 0.07%             | 2046-12-04      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                        | Comcast Corp                                                        | CUSIP: 20030NEJ6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1291009.19   | 0.07%             | 2034-06-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CONAGRA BRANDS INC                  | Conagra Brands Inc                                                  | CUSIP: 205887CL4<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |   7250000 | PA      | $7465902.61   | 0.40%             | 2035-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FORBRIGHT INC                       | Congressional Bancshares Inc                                        | CUSIP: 20727PAE4<br>LEI: 549300F86ZI0BZ1LVN33 | Long             | SN               | CORP              | US        |   5000000 | PA      | $4903901.75   | 0.26%             | 2029-12-01      | Variable      | 8.18%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                    | Crown Castle Inc                                                    | CUSIP: 22822VAR2<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   1717000 | PA      | $1630865.15   | 0.09%             | 2030-07-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS            | Discovery Communications LLC                                        | CUSIP: 25470DCC1<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1113000.00   | 0.06%             | 2030-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| ECAF LTD                            | ECAF I Ltd                                                          | CUSIP: 26827EAC9<br>LEI: 635400SSRNQERTYCWK57 | Long             | ABS-O            | CORP              | KY        |   3258795 | PA      | $2999847.91   | 0.16%             | 2040-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| EPR PROPERTIES                      | EPR Properties                                                      | CUSIP: 26884UAG4<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |   6147000 | PA      | $5712047.25   | 0.31%             | 2031-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| PERATON ENTERPRISE SOL              | Peraton Enterprise Solutions LLC                                    | CUSIP: 285659AF5<br>LEI: 549300OOA7HMLU1JZM40 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2139220.34   | 0.11%             | 2029-10-15      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| ESSENT GROUP LTD                    | Essent Group Ltd                                                    | CUSIP: 29669JAA7<br>LEI: 254900QUO860OUT6ZF83 | Long             | DBT              | CORP              | BM        |   5000000 | PA      | $5226288.80   | 0.28%             | 2029-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| EVEREST REINSURANCE HLDG            | Everest Reinsurance Holdings Inc                                    | CUSIP: 299808AE5<br>LEI: 254900P29PM5UJR3VU91 | Long             | DBT              | CORP              | US        |   9455000 | PA      | $8965693.35   | 0.48%             | 2037-05-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| FMC CORP                            | FMC Corp                                                            | CUSIP: 302491AX3<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2745648.03   | 0.15%             | 2033-05-18      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL              | NextEra Energy Capital Holdings Inc                                 | CUSIP: 302570AW6<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   1535000 | PA      | $1351659.60   | 0.07%             | 2066-10-01      | Variable      | 6.31%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK              | Federal Home Loan Banks                                             | CUSIP: 3130B7DY7<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   5000000 | PA      | $5013424.15   | 0.27%             | 2035-08-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                          | Fannie Mae REMICS                                                   | CUSIP: 3136BBE40<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1901731 | PA      | $1678938.63   | 0.09%             | 2050-09-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                          | Fannie Mae REMICS                                                   | CUSIP: 3136BDCY2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2740921 | PA      | $1561326.90   | 0.08%             | 2050-12-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                         | Freddie Mac REMICS                                                  | CUSIP: 3137FFUB1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3339823 | PA      | $1940716.92   | 0.10%             | 2051-03-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDNAT HOLDING CO                   | FedNat Holding Co                                                   | CUSIP: 31431BAD1<br>LEI: 549300TFR6HALUYTYJ66 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $100000.00    | 0.01%             | 2026-04-19      | None          | 5.00%                 | No            |                  3 | On Loan: No      |
| FIRST FINANCIAL BANCORP             | First Financial Bancorp                                             | CUSIP: 320209AB5<br>LEI: 549300D3F5B3EZMY7P77 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2990225.88   | 0.16%             | 2030-05-15      | Variable      | 8.96%                 | No            |                  2 | On Loan: No      |
| FIRST FINANCIAL BANCORP             | First Financial Bancorp                                             | CUSIP: 320209AC3<br>LEI: 549300D3F5B3EZMY7P77 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3024600.00   | 0.16%             | 2035-12-01      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| FISERV INC                          | Fiserv Inc                                                          | CUSIP: 337738BE7<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1033708.87   | 0.06%             | 2033-03-02      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| FLEX LTD                            | Flex Ltd                                                            | CUSIP: 33938XAB1<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |   1000000 | PA      | $1016023.72   | 0.05%             | 2030-05-12      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FLEX LTD                            | Flex Ltd                                                            | CUSIP: 33938XAE5<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |   1000000 | PA      | $1032999.86   | 0.06%             | 2028-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FLOWERS FOODS INC                   | Flowers Foods Inc                                                   | CUSIP: 343498AD3<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | DBT              | CORP              | US        |   6932000 | PA      | $7002691.08   | 0.38%             | 2035-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC             | Goldman Sachs Group Inc/The                                         | CUSIP: 38148TMB2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999105.74    | 0.05%             | 2026-04-05      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A      | Government National Mortgage Association                            | CUSIP: 38382W3P0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4513440 | PA      | $3084316.46   | 0.17%             | 2051-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A      | Government National Mortgage Association                            | CUSIP: 38383APL2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4023442 | PA      | $2417955.23   | 0.13%             | 2051-09-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HF SINCLAIR CORP                    | HF Sinclair Corp                                                    | CUSIP: 403949AR1<br>LEI: 2549009G116AM01XHN24 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2593543.50   | 0.14%             | 2031-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HASBRO INC                          | Hasbro Inc                                                          | CUSIP: 418056BA4<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |   7600000 | PA      | $8060029.06   | 0.43%             | 2034-05-14      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Horizon Aircraft Finance            | Horizon Aircraft Finance IV Ltd                                     | CUSIP: 43990EAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   7239790 | PA      | $7348109.16   | 0.40%             | 2049-09-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Horizon Aircraft Finance            | Horizon Aircraft Finance II Ltd                                     | CUSIP: 44040HAA0<br>LEI: 549300KSCDSEIWTVMM32 | Long             | ABS-O            | CORP              | KY        |   1176771 | PA      | $1153192.69   | 0.06%             | 2039-07-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP            | Host Hotels & Resorts LP                                            | CUSIP: 44107TBC9<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |   6910000 | PA      | $7025797.99   | 0.38%             | 2035-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                          | Humana Inc                                                          | CUSIP: 444859CD2<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    500000 | PA      | $513157.93    | 0.03%             | 2035-05-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORP                   | Hyatt Hotels Corp                                                   | CUSIP: 448579AS1<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |   6566000 | PA      | $6789090.62   | 0.36%             | 2034-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                          | Intel Corp                                                          | CUSIP: 458140AN0<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1918559.08   | 0.10%             | 2032-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu      | JPMBB Commercial Mortgage Securities Trust 2015-C32                 | CUSIP: 46590JBB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $397875.00    | 0.02%             | 2048-11-15      | Variable      | 4.39%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor      | JP Morgan Chase Commercial Mortgage Securities Trust 2011-C3        | CUSIP: 46635TAU6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1920376 | PA      | $1873607.31   | 0.10%             | 2046-02-15      | Variable      | 5.01%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor      | JP Morgan Chase Commercial Mortgage Securities Trust 2012-LC9       | CUSIP: 46639EAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1024656 | PA      | $994930.73    | 0.05%             | 2047-12-15      | Variable      | 3.69%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu      | JPMBB Commercial Mortgage Securities Trust 2014-C18                 | CUSIP: 46641JBC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5060000 | PA      | $4863672.00   | 0.26%             | 2047-02-15      | Variable      | 4.65%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor      | JP Morgan Chase Commercial Mortgage Securities Trust 2014-C20       | CUSIP: 46642CAK6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4962814 | PA      | $2729547.61   | 0.15%             | 2047-07-15      | Variable      | 4.59%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu      | JPMBB Commercial Mortgage Securities Trust 2014-C22                 | CUSIP: 46642NAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4966000 | PA      | $3351950.68   | 0.18%             | 2047-09-15      | Variable      | 4.66%                 | No            |                  2 | On Loan: No      |
| Jol Air                             | JOL Air Ltd                                                         | CUSIP: 46651NAB0<br>LEI: 549300TS4MUGCDXPW498 | Long             | ABS-O            | CORP              | KY        |    520572 | PA      | $518489.46    | 0.03%             | 2044-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                    | Kilroy Realty LP                                                    | CUSIP: 49427RAR3<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |   9155000 | PA      | $7536538.36   | 0.41%             | 2033-11-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART             | Kinder Morgan Energy Partners LP                                    | CUSIP: 494550AT3<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |   5250000 | PA      | $5551106.98   | 0.30%             | 2035-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                   | Kinder Morgan Inc                                                   | CUSIP: 49456BAG6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1281246.35   | 0.07%             | 2034-12-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Labrador Aviation Finance Limi      | Labrador Aviation Finance Ltd 2016-1A                               | CUSIP: 50543LAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | BM        |  14667205 | PA      | $13365791.45  | 0.72%             | 2042-01-15      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| LAWRENCE BANCSHARES INC             | Lawrence Bancshares Inc                                             | CUSIP: 519617AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7166791.10   | 0.39%             | 2035-06-30      | Variable      | 8.50%                 | No            |                  2 | On Loan: No      |
| WINGSPIRE EQUIPT FIN LLC            | Liberty Commercial Finance LLC                                      | CUSIP: 53036LAA8<br>LEI: 254900UTJF59Z6LWFR35 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5914598.40   | 0.32%             | 2026-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LIBERTY PROPERTY LP                 | Liberty Property LP                                                 | CUSIP: 53117CAS1<br>LEI: 549300N6GNCW2Y4RH795 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4948394.45   | 0.27%             | 2026-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| LINCOLN NATIONAL CORP               | Lincoln National Corp                                               | CUSIP: 534187BP3<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |  24884000 | PA      | $20323082.81  | 1.09%             | 2067-04-20      | Floating      | 6.19%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC            | Warnermedia Holdings Inc                                            | CUSIP: 55903VBQ5<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   3458000 | PA      | $3159747.50   | 0.17%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| MERIDIAN CORP                       | Meridian Corp                                                       | CUSIP: 58960CAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9975806.30   | 0.54%             | 2029-12-30      | Variable      | 7.93%                 | No            |                  2 | On Loan: No      |
| METAL Cayman                        | METAL 2017-1 LLC                                                    | CUSIP: 59111RAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |  26657035 | PA      | $8796554.93   | 0.47%             | 2042-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                          | 3M Co                                                               | CUSIP: 604059AG0<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |   3863000 | PA      | $3843995.43   | 0.21%             | 2040-12-21      | Floating      | 3.91%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust      | Morgan Stanley Capital I Trust 2016-UBS12                           | CUSIP: 61691EBF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4035496.00   | 0.22%             | 2049-12-15      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                      | NRG Energy Inc                                                      | CUSIP: 629377CN0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    900000 | PA      | $899939.74    | 0.05%             | 2025-12-02      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL HEALTH INVESTOR            | National Health Investors Inc                                       | CUSIP: 63633DAF1<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | DBT              | CORP              | US        |   8186000 | PA      | $7435748.68   | 0.40%             | 2031-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NEXBANK CAPITAL INC                 | NexBank Capital Inc                                                 | CUSIP: 65341TAC1<br>LEI: 549300H29S945S4X7A03 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4989872.05   | 0.27%             | 2027-09-30      | Variable      | 8.85%                 | No            |                  2 | On Loan: No      |
| ORANGE & ROCKLAND UTILIT            | Orange & Rockland Utilities Inc                                     | CUSIP: 684065AT2<br>LEI: 26RM8T263FMD21834H79 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2368297.76   | 0.13%             | 2027-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PATHFINDER BANCORP INC              | Pathfinder Bancorp Inc                                              | CUSIP: 70319RAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9650000 | PA      | $9532337.94   | 0.51%             | 2030-10-15      | Variable      | 9.21%                 | No            |                  2 | On Loan: No      |
| PEDCOR BANCORP                      | Pedcor Bancorp                                                      | CUSIP: 705307AA4<br>LEI: 549300VNEW7JOXBYNY34 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2950482.63   | 0.16%             | 2029-02-15      | Variable      | 8.71%                 | No            |                  2 | On Loan: No      |
| KONINKLIJKE PHILIPS NV              | Koninklijke Philips NV                                              | CUSIP: 718337AE8<br>LEI: H1FJE8H61JGM1JSGM897 | Long             | DBT              | CORP              | NL        |   2581000 | PA      | $2612153.57   | 0.14%             | 2026-06-01      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| DOC DR LLC                          | DOC DR LLC                                                          | CUSIP: 71951QAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2252076.83   | 0.12%             | 2031-11-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| PIEDMONT OPERATING PARTN            | Piedmont Operating Partnership LP                                   | CUSIP: 720198AF7<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              | CORP              | US        |   8854000 | PA      | $7595422.76   | 0.41%             | 2032-04-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| PINNACLE FINANCIAL PARTN            | Pinnacle Financial Partners Inc                                     | CUSIP: 72346QAC8<br>LEI: 54930098EZ8JMSAZGS24 | Long             | SN               | CORP              | US        |   5000000 | PA      | $4987737.20   | 0.27%             | 2029-09-15      | Variable      | 7.07%                 | No            |                  2 | On Loan: No      |
| RADIAN GROUP INC                    | Radian Group Inc                                                    | CUSIP: 750236AY7<br>LEI: 54930005OUP720S5U385 | Long             | DBT              | CORP              | US        |   6749000 | PA      | $7068301.60   | 0.38%             | 2029-05-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                       | J M Smucker Co/The                                                  | CUSIP: 832696AX6<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1361373.94   | 0.07%             | 2033-11-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| PRIMIS FINANCIAL CORP               | Southern National Bancorp of Virginia Inc                           | CUSIP: 843395AA2<br>LEI: 549300JNX3M2EENG1F11 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1982421.76   | 0.11%             | 2027-01-31      | Variable      | 8.05%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR            | Anheuser-Busch InBev Worldwide Inc                                  | CUSIP: 035240AE0<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | BE        |    500000 | PA      | $565469.36    | 0.03%             | 2033-08-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| BCB BANCORP INC                     | BCB Bancorp Inc                                                     | CUSIP: 055298AE3<br>LEI: 54930024V6Z8FYSN4291 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5589581.70   | 0.30%             | 2034-09-01      | Variable      | 9.25%                 | No            |                  2 | On Loan: No      |
| BANC OF CALIFORNIA INC              | Banc of California NA                                               | CUSIP: 05990KAD8<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | DBT              | CORP              | US        |  12500000 | PA      | $12378295.38  | 0.67%             | 2030-10-30      | Variable      | 8.05%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                | Bank of America Corp                                                | CUSIP: 06055JNV7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5002215.25   | 0.27%             | 2037-10-22      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| CHOICE HOTELS INTL INC              | Choice Hotels International Inc                                     | CUSIP: 169905AG1<br>LEI: 5493003CYRY5RFGTIR97 | Long             | DBT              | CORP              | US        |   1102000 | PA      | $1042543.02   | 0.06%             | 2031-01-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Coinstar Funding, LLC               | Coinstar Funding LLC Series 2017-1                                  | CUSIP: 19260MAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  25889925 | PA      | $23627663.35  | 1.27%             | 2047-04-25      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS            | Omega Healthcare Investors Inc                                      | CUSIP: 681936BM1<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |   3675000 | PA      | $3430955.08   | 0.18%             | 2031-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| INDEPENDENT BANK CORP               | Independent Bank Corp                                               | CUSIP: 453836AJ7<br>LEI: 549300C5K3W8THR3GE10 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5219683.65   | 0.28%             | 2035-04-01      | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust           | Morgan Stanley Bank of America Merrill Lynch Trust 2013-C10         | CUSIP: 61762MCB5<br>LEI: 549300P1YQ48837ZOI22 | Long             | ABS-MBS          | CORP              | US        |   2750000 | PA      | $2547387.15   | 0.14%             | 2046-07-15      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA             | National Bank of Canada                                             | CUSIP: 63305MER8<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |   3000000 | PA      | $3000623.64   | 0.16%             | 2029-04-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                         | Oracle Corp                                                         | CUSIP: 68389XAV7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3235701.14   | 0.17%             | 2034-07-08      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PARKWAY BANCORP INC                 | Parkway Bancorp Inc/IL                                              | CUSIP: 70153YAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4250000 | PA      | $4251845.14   | 0.23%             | 2030-03-31      | Variable      | 9.65%                 | No            |                  2 | On Loan: No      |
| PEAPACK GLADSTONE FINANC            | Peapack-Gladstone Financial Corp                                    | CUSIP: 704699AE7<br>LEI: 549300G8DN2UK8K0ET30 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2994985.77   | 0.16%             | 2030-12-30      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| SCRE INTERMEDIATE HOLDCO            | SCRE Intermediate Holdco LLC                                        | CUSIP: 78434LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8000000 | PA      | $7390850.48   | 0.40%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru      | SMB Private Education Loan Trust 2014-A                             | CUSIP: 784456AF2<br>LEI: 549300XC4C7GRVLU6076 | Long             | ABS-O            | CORP              | US        |   7000000 | PA      | $6107416.70   | 0.33%             | 2045-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SABRA HEALTH CARE LP                | Sabra Health Care LP                                                | CUSIP: 78574MAA1<br>LEI: 549300OVKLRFSIQG0H81 | Long             | DBT              | CORP              | US        |   4050000 | PA      | $3704854.34   | 0.20%             | 2031-12-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Signal Rail Holdings LLC            | Signal Rail IV LLC                                                  | CUSIP: 82666AAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1700000 | PA      | $1710625.00   | 0.09%             | 2055-11-17      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| SIMMONS FIRST NTL CORP              | Simmons First National Corp                                         | CUSIP: 828730AC5<br>LEI: 549300IVR5AJKUVOGN05 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5052800.00   | 0.27%             | 2035-10-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP             | Simon Property Group LP                                             | CUSIP: 828807DY0<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |   4187000 | PA      | $4188772.78   | 0.23%             | 2034-09-26      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SLAM LLC                            | Slam Ltd                                                            | CUSIP: 83100AAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    888366 | PA      | $903464.19    | 0.05%             | 2049-09-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| SMARTFINANCIAL INC                  | SmartFinancial Inc                                                  | CUSIP: 83190LAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4102100.44   | 0.22%             | 2035-09-01      | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| SOUTH ST SEC FUND LLC               | South Street Securities Funding LLC                                 | CUSIP: 84046SAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5003151.60   | 0.27%             | 2026-12-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SPIRE INC                           | Spire Inc                                                           | CUSIP: 84857LAC5<br>LEI: 549300NXSY15DRY2R511 | Long             | DBT              | CORP              | US        |    222000 | PA      | $222545.19    | 0.01%             | 2026-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| STORE CAPITAL LLC                   | Store Capital LLC                                                   | CUSIP: 862121AA8<br>LEI: 254900Z9PIEFQ6AYXK50 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3502971.33   | 0.19%             | 2028-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                       | United States Treasury Bill                                         | CUSIP: 912797PM3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19835217.80  | 1.07%             | 2026-02-19      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                       | United States Treasury Bill                                         | CUSIP: 912797RY5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $9975711.38   | 0.54%             | 2025-12-23      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PROP 2017-1 B      20420315 6.90000 | PROP 2017-1 B      20420315 6.90000                                 | CUSIP: G7256KAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |   3836109 | PA      | $2836802.60   | 0.15%             | 2042-03-15      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                   | Sysco Corp                                                          | CUSIP: 871829BT3<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    500000 | PA      | $545078.31    | 0.03%             | 2034-01-17      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TLWND 2019-1                        | GAIA Aviation Ltd                                                   | CUSIP: 87404LAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2888439 | PA      | $2830843.61   | 0.15%             | 2044-12-15      | Variable      | 5.19%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS            | Targa Resources Partners LP / Targa Resources Partners Finance Corp | CUSIP: 87612BBN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5071512.65   | 0.27%             | 2029-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TEXAS STATE BNKSHRS INC             | Texas State Bankshares Inc                                          | CUSIP: 882727AA8<br>LEI: 549300KSLUE7MP08XL09 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3991438.64   | 0.21%             | 2029-06-15      | Variable      | 7.85%                 | No            |                  2 | On Loan: No      |
| TOLL BROS FINANCE CORP              | Toll Brothers Finance Corp                                          | CUSIP: 88947EAT7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3011363.82   | 0.16%             | 2028-02-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK               | Toronto-Dominion Bank/The                                           | CUSIP: 89115JBD4<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   4000000 | PA      | $4006460.32   | 0.22%             | 2030-07-11      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                 | Global Payments Inc                                                 | CUSIP: 891906AC3<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1600733.46   | 0.09%             | 2026-04-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| MS TRANSVERSE INSURANCE             | Transverse Insurance Group LLC                                      | CUSIP: 89402HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5001604.00   | 0.27%             | 2026-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TRINITAS CAPITAL MGMT               | Trinitas Capital Management LLC                                     | CUSIP: 89642CAC4<br>LEI: 254900JU042545A6UD08 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2970000.00   | 0.16%             | 2026-07-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Trinity Rail Leasing L.P.           | Trinity Rail Leasing 2025 LLC                                       | CUSIP: 89657MAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1160000 | PA      | $1162032.78   | 0.06%             | 2055-10-19      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                       | United States Treasury Bill                                         | CUSIP: 912797RA7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  30000000 | PA      | $29895555.54  | 1.61%             | 2026-01-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                       | United States Treasury Bill                                         | CUSIP: 912797RT6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19850131.00  | 1.07%             | 2026-02-12      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                       | United States Treasury Bill                                         | CUSIP: 912797SE8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  30000000 | PA      | $29885309.95  | 1.61%             | 2026-01-06      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL INSURANCE HLDS            | Universal Insurance Holdings Inc                                    | CUSIP: 91359VAC1<br>LEI: 529900GGAZ6WVUCWQM46 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $6935916.96   | 0.37%             | 2026-11-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| VERISIGN INC                        | VeriSign Inc                                                        | CUSIP: 92343EAL6<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2999947.23   | 0.16%             | 2027-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VERISIGN INC                        | VeriSign Inc                                                        | CUSIP: 92343EAM4<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2269278.90   | 0.12%             | 2031-06-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Secu      | WP Glimcher Mall Trust 2015-WPG                                     | CUSIP: 92939VAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2231464 | PA      | $2153407.55   | 0.12%             | 2035-06-05      | Variable      | 3.63%                 | No            |                  2 | On Loan: No      |
| WASHINGTON GAS LIGHT CO             | Washington Gas Light Co                                             | CUSIP: 93884PCN8<br>LEI: DL22T1SB4DUBS063O841 | Long             | DBT              | CORP              | US        |    850000 | PA      | $874199.02    | 0.05%             | 2027-07-22      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag      | Wells Fargo Commercial Mortgage Trust 2015-C27                      | CUSIP: 94989DBC2<br>LEI: 5493001SKB2HKIF64L70 | Long             | ABS-MBS          | CORP              | US        |   4639915 | PA      | $4085073.57   | 0.22%             | 2048-02-15      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag      | Wells Fargo Commercial Mortgage Trust 2015-C31                      | CUSIP: 94989WAZ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3309126 | PA      | $3251183.02   | 0.17%             | 2048-11-15      | Variable      | 4.90%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag      | Wells Fargo Commercial Mortgage Trust 2016-C36                      | CUSIP: 95000MBV2<br>LEI: 549300BSYX29G4VVM177 | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2647503.30   | 0.14%             | 2059-11-15      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag      | Wells Fargo Commercial Mortgage Trust 2017-SMP                      | CUSIP: 95001CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1625000 | PA      | $1517316.45   | 0.08%             | 2034-12-15      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT            | Western Midstream Operating LP                                      | CUSIP: 958667AF4<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5276123.70   | 0.28%             | 2029-01-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS              | Zimmer Biomet Holdings Inc                                          | CUSIP: 98956PAZ5<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1285859.11   | 0.07%             | 2034-09-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Business Jet Securities, LLC        | Business Jet Securities 2022-1 LLC                                  | CUSIP: 12327AAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3303620 | PA      | $3282706.86   | 0.18%             | 2037-06-15      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| CARDINAL HEALTH INC                 | Cardinal Health Inc                                                 | CUSIP: 14149YBS6<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |   2477000 | PA      | $2566494.55   | 0.14%             | 2034-11-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                       | Citigroup Inc                                                       | CUSIP: 1730T0UB3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | SN               | CORP              | US        |   1394000 | PA      | $1100982.59   | 0.06%             | 2033-07-09      | Variable      | 2.53%                 | No            |                  2 | On Loan: No      |
| CONCENTRIX CORP                     | Concentrix Corp                                                     | CUSIP: 20602DAC5<br>LEI: 5493000EAJN1KMPVA737 | Long             | DBT              | CORP              | US        |   7056000 | PA      | $7038412.36   | 0.38%             | 2033-08-02      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                    | Crown Castle Inc                                                    | CUSIP: 22822VAB7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    750000 | PA      | $749861.43    | 0.04%             | 2026-02-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| DBUBS Mortgage Trust                | DBUBS 2011-LC3 Mortgage Trust                                       | CUSIP: 23305YAW9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4197000 | PA      | $2686121.97   | 0.14%             | 2044-05-10      | Variable      | 5.27%                 | No            |                  2 | On Loan: No      |
| DENTSPLY SIRONA INC                 | DENTSPLY SIRONA Inc                                                 | CUSIP: 24906PAA7<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | DBT              | CORP              | US        |   8183000 | PA      | $7557291.08   | 0.41%             | 2030-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| DIGITAL REALTY TRUST LP             | Digital Realty Trust LP                                             | CUSIP: 25389JAV8<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2058485.72   | 0.11%             | 2028-01-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                 | Dollar General Corp                                                 | CUSIP: 256677AL9<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2027280.10   | 0.11%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EPR PROPERTIES                      | EPR Properties                                                      | CUSIP: 26884UAE9<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |   1027000 | PA      | $1035472.14   | 0.06%             | 2028-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ENSTAR GROUP LTD                    | Enstar Group Ltd                                                    | CUSIP: 29359UAC3<br>LEI: 213800AMAL5QFXVUCN04 | Long             | DBT              | CORP              | BM        |   8132000 | PA      | $7326961.76   | 0.39%             | 2031-09-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| EVERBANK FINANCIAL CORP             | EverBank Financial Corp                                             | CUSIP: 29977GAC6<br>LEI: 549300ZSQX8IP0RAE826 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4148472.60   | 0.22%             | 2034-09-01      | Variable      | 8.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                         | Freddie Mac REMICS                                                  | CUSIP: 3137H2ET7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1458194 | PA      | $755855.33    | 0.04%             | 2051-09-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                         | Freddie Mac REMICS                                                  | CUSIP: 3137H2YT5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4641647 | PA      | $3120058.32   | 0.17%             | 2051-10-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| First American Government Obli      | First American Government Obligations Fund                          | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    100000 | NS      | $100000.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST HORIZON BANK                  | First Horizon Bank                                                  | CUSIP: 337158AJ8<br>LEI: COOWI3L2W9TPYR3WJX37 | Long             | DBT              | CORP              | US        |    500000 | PA      | $518066.57    | 0.03%             | 2030-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FLEX LTD                            | Flex Ltd                                                            | CUSIP: 33938XAG0<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |    500000 | PA      | $502383.95    | 0.03%             | 2035-11-13      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A      | Government National Mortgage Association                            | CUSIP: 38382NHR1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1664755 | PA      | $746152.96    | 0.04%             | 2051-02-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                          | Intel Corp                                                          | CUSIP: 458140CL2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1017877.40   | 0.05%             | 2034-02-21      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| JABIL INC                           | Jabil Inc                                                           | CUSIP: 466313AJ2<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |    750000 | PA      | $723787.31    | 0.04%             | 2030-01-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu      | JPMBB Commercial Mortgage Securities Trust 2015-C28                 | CUSIP: 46644FAK7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    911328 | PA      | $897703.54    | 0.05%             | 2048-10-15      | Variable      | 4.43%                 | No            |                  2 | On Loan: No      |
| Kestrel Aircraft Funding Limit      | Kestrel Aircraft Funding Ltd                                        | CUSIP: 49255PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    538415 | PA      | $538572.04    | 0.03%             | 2038-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                | Kraft Heinz Foods Co                                                | CUSIP: 50077LAL0<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1002313.87   | 0.05%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mach I                              | MACH 1 Cayman 2019-1 Ltd                                            | CUSIP: 55446MAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    499965 | PA      | $495993.88    | 0.03%             | 2039-10-15      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| MASTEC INC                          | MasTec Inc                                                          | CUSIP: 576323AT6<br>LEI: 549300TMDIT8WREDOF45 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7319709.88   | 0.39%             | 2029-06-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| MATHER FOUNDATION                   | Mather Foundation                                                   | CUSIP: 576722AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1359321.14   | 0.07%             | 2031-10-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| METAL Cayman                        | METAL 2017-1 LLC                                                    | CUSIP: 59111RAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |  11675998 | PA      | $8114459.22   | 0.44%             | 2042-10-15      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust      | Morgan Stanley Capital I Trust 2015-UBS8                            | CUSIP: 61691ABQ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6500000 | PA      | $6240544.05   | 0.34%             | 2048-12-15      | Variable      | 4.59%                 | No            |                  2 | On Loan: No      |
| NEXPOINT REAL ESTATE FIN            | Nexpoint Real Estate Finance Inc                                    | CUSIP: 65342VAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9000000 | PA      | $8884860.57   | 0.48%             | 2026-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| POST BROTHERS HLDS LLC              | Post Brothers Holdings LLC                                          | CUSIP: 73742PAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4853641.90   | 0.26%             | 2027-08-18      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| LEIDOS INC                          | Leidos Inc                                                          | CUSIP: 808626AE5<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |   2518000 | PA      | $2824594.05   | 0.15%             | 2032-07-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU      | WFRBS Commercial Mortgage Trust 2012-C10                            | CUSIP: 92890NAX7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    829379 | PA      | $790493.57    | 0.04%             | 2045-12-15      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU      | WFRBS Commercial Mortgage Trust 2013-C14                            | CUSIP: 92890PAH7<br>LEI: 549300GADFYEKC4OLM57 | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1417545.00   | 0.08%             | 2046-06-15      | Variable      | 3.84%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag      | Wells Fargo Commercial Mortgage Trust 2015-C31                      | CUSIP: 94989WBB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5189370 | PA      | $4566593.71   | 0.25%             | 2048-11-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS              | Zimmer Biomet Holdings Inc                                          | CUSIP: 98956PAG7<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |   1302000 | PA      | $1220689.19   | 0.07%             | 2035-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| KDAC Aviation Finance Limited       | KDAC Aviation Finance Ltd                                           | CUSIP: 48244XAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1029952 | PA      | $1026634.31   | 0.06%             | 2042-12-15      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                    | LPL Holdings Inc                                                    | CUSIP: 50212YAM6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   7250000 | PA      | $7432224.26   | 0.40%             | 2035-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| LINCOLN NATIONAL CORP               | Lincoln National Corp                                               | CUSIP: 534187BN8<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |  28628000 | PA      | $24549400.90  | 1.32%             | 2066-05-17      | Floating      | 6.47%                 | No            |                  2 | On Loan: No      |
| MAREX GROUP PLC                     | Marex Group PLC                                                     | CUSIP: 566539AB8<br>LEI: 549300DWX0SVICJAL507 | Long             | DBT              | CORP              | GB        |   5000000 | PA      | $5074019.75   | 0.27%             | 2028-05-08      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                      | Morgan Stanley                                                      | CUSIP: 61760QNZ3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | SN               | CORP              | US        |   2890000 | PA      | $2890000.00   | 0.16%             | 2030-05-30      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS            | Omega Healthcare Investors Inc                                      | CUSIP: 681936BL3<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1109538.60   | 0.06%             | 2029-10-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| PEOPLES FIN SERVICES                | Peoples Financial Services Corp                                     | CUSIP: 711040AC9<br>LEI: 254900HXI30XMTDCGJ18 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4183926.16   | 0.22%             | 2035-06-15      | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| PULTEGROUP INC                      | PulteGroup Inc                                                      | CUSIP: 745867AP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1429529.54   | 0.08%             | 2033-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| READY CAPITAL CORP                  | Ready Capital Corp                                                  | CUSIP: 75574UAB7<br>LEI: 549300MYWGZUG7ZUYO87 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $8595056.00   | 0.46%             | 2028-12-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                  | Realty Income Corp                                                  | CUSIP: 756109BA1<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $834351.07    | 0.04%             | 2033-03-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| MIZUHO BANK LTD                     | Mizuho Bank Ltd                                                     | CUSIP: 60688XBD1<br>LEI: RB0PEZSDGCO3JS6CEU02 | Long             | DBT              | CORP              | JP        |    297000 | PA      | $296665.08    | 0.02%             | 2028-08-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust      | Morgan Stanley Capital I Trust 2011-C2                              | CUSIP: 617459AJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    301191 | PA      | $298269.60    | 0.02%             | 2044-06-15      | Variable      | 5.39%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                         | Oracle Corp                                                         | CUSIP: 68389XDM4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2939670.63   | 0.16%             | 2035-09-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| PK ALIFT LOAN FUNDING               | Pk Alift Loan Funding 6 LP                                          | CUSIP: 69291YAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3939807 | PA      | $3974364.43   | 0.21%             | 2042-11-15      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| POLARIS INC                         | Polaris Inc                                                         | CUSIP: 731068AA0<br>LEI: 549300QJSN8UVWN1EI78 | Long             | DBT              | CORP              | US        |   7250000 | PA      | $7708095.75   | 0.41%             | 2029-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| SHORE BANCSHARES INC                | Shore Bancshares Inc                                                | CUSIP: 825107AD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2985309.84   | 0.16%             | 2035-11-15      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Signal Rail Holdings LLC            | Signal Rail IV LLC                                                  | CUSIP: 82666AAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5800000 | PA      | $5837835.95   | 0.31%             | 2055-11-17      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| PRIMIS FINANCIAL CORP               | Southern National Bancorp of Virginia Inc                           | CUSIP: 843395AB0<br>LEI: 549300JNX3M2EENG1F11 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1988964.22   | 0.11%             | 2030-09-01      | Variable      | 9.08%                 | No            |                  2 | On Loan: No      |
| SOUTHSIDE BANCSHARES INC            | Southside Bancshares Inc                                            | CUSIP: 84470PAG4<br>LEI: 549300TC83207VQA2K65 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4082594.76   | 0.22%             | 2035-08-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I            | Stanley Black & Decker Inc                                          | CUSIP: 854502AQ4<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |   1129000 | PA      | $1021448.74   | 0.05%             | 2032-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TD SYNNEX CORP                      | TD SYNNEX Corp                                                      | CUSIP: 87162WAL4<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2655587.13   | 0.14%             | 2034-04-12      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                 | Synchrony Financial                                                 | CUSIP: 87165BAP8<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5588240.35   | 0.30%             | 2029-03-19      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                 | CDW LLC / CDW Finance Corp                                          | CUSIP: 12513GBK4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1532177.09   | 0.08%             | 2030-03-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                 | COMM 2014-UBS5 Mortgage Trust                                       | CUSIP: 12592KBH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6500000 | PA      | $5996250.00   | 0.32%             | 2047-09-10      | Variable      | 4.89%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                 | COMM 2015-PC1 Mortgage Trust                                        | CUSIP: 12593GAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2050025.00   | 0.11%             | 2050-07-10      | Variable      | 4.52%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus      | Csail 2015-C2 Commercial Mortgage Trust                             | CUSIP: 12634NAY4<br>LEI: 549300D5DIOOMKWXVZ20 | Long             | ABS-MBS          | CORP              | US        |   3491359 | PA      | $3360397.75   | 0.18%             | 2057-06-15      | Variable      | 4.21%                 | No            |                  2 | On Loan: No      |
| COLGATE-PALMOLIVE CO                | Colgate-Palmolive Co                                                | CUSIP: 19416QCY4<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | DBT              | CORP              | US        |    436000 | PA      | $433396.70    | 0.02%             | 2041-09-27      | Floating      | 3.95%                 | No            |                  2 | On Loan: No      |
| COMERICA BANK                       | Comerica Bank                                                       | CUSIP: 200339EX3<br>LEI: 70WY0ID1N53Q4254VH70 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $8082093.68   | 0.43%             | 2033-08-25      | Variable      | 5.33%                 | No            |                  2 | On Loan: No      |
| CONSERVATION FUND                   | Conservation Fund A Nonprofit Corp/The                              | CUSIP: 20848FAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2282000 | PA      | $2196714.08   | 0.12%             | 2029-12-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| DBUBS Mortgage Trust                | DBUBS 2011-LC3 Mortgage Trust                                       | CUSIP: 23305YAU3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7476810 | PA      | $6729203.80   | 0.36%             | 2044-05-10      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| DARDEN RESTAURANTS INC              | Darden Restaurants Inc                                              | CUSIP: 237194AN5<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | DBT              | CORP              | US        |   3850000 | PA      | $4191466.55   | 0.23%             | 2033-10-10      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu      | JPMBB Commercial Mortgage Securities Trust 2013-C12                 | CUSIP: 46639NAW1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2088904 | PA      | $2005431.44   | 0.11%             | 2045-07-15      | Variable      | 4.07%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu      | JPMBB Commercial Mortgage Securities Trust 2013-C14                 | CUSIP: 46640LAK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2417412 | PA      | $2276090.18   | 0.12%             | 2046-08-15      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| JUNIPER NETWORKS INC                | Juniper Networks Inc                                                | CUSIP: 48203RAN4<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1998351.86   | 0.11%             | 2025-12-10      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| LINCOLN CENTER FOR ARTS             | Lincoln Center for the Performing Arts Inc                          | CUSIP: 533097AA9<br>LEI: 5493005I1IFCGZIFFQ41 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1735611.76   | 0.09%             | 2035-12-01      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| MGIC INVESTMENT CORP                | MGIC Investment Corp                                                | CUSIP: 552848AG8<br>LEI: 254900S8483WM4M98R28 | Long             | DBT              | CORP              | US        |   7376000 | PA      | $7376129.01   | 0.40%             | 2028-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MCKESSON CORP                       | McKesson Corp                                                       | CUSIP: 581557BQ7<br>LEI: 549300WZWOM80UCFSF54 | Long             | DBT              | CORP              | US        |    169000 | PA      | $168966.26    | 0.01%             | 2025-12-03      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                         | MetLife Inc                                                         | CUSIP: 59156RCN6<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1304768.51   | 0.07%             | 2034-12-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust           | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C22         | CUSIP: 61690FAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $3025000.00   | 0.16%             | 2048-04-15      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| NEWPORT REALTY TRUST                | Newport Realty Trust Inc                                            | CUSIP: 652315AB8<br>LEI: 549300NQHVIV87HVCR07 | Long             | DBT              | CORP              | US        |    899518 | PA      | $899517.66    | 0.05%             | 2025-12-01      | Fixed         | 15.00%                | No            |                  2 | On Loan: No      |
| BRUNSWICK CORP                      | Brunswick Corp/DE                                                   | CUSIP: 117043AU3<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |   5600000 | PA      | $5356063.44   | 0.29%             | 2032-09-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Business Jet Securities, LLC        | Business Jet Securities 2022-1 LLC                                  | CUSIP: 12327AAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    471946 | PA      | $471053.33    | 0.03%             | 2037-06-15      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| Business Jet Securities, LLC        | Business Jet Securities 2024-1 LLC                                  | CUSIP: 12327CAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6176915 | PA      | $6311185.24   | 0.34%             | 2039-05-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| CABOT CORP                          | Cabot Corp                                                          | CUSIP: 127055AK7<br>LEI: K05C0SER542GQ6VLRO68 | Long             | DBT              | CORP              | US        |    732000 | PA      | $727242.40    | 0.04%             | 2026-09-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CAPITAL IMPACT PARTNERS             | Capital Impact Partners                                             | CUSIP: 140192AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3069929.58   | 0.17%             | 2030-08-01      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| CARRINGTON HOLDING CO LL            | Carrington Holding Co LLC                                           | CUSIP: 144523AE7<br>LEI: 635400MJJEAT2FUN2F71 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5032768.40   | 0.27%             | 2029-05-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| AT&T INC                            | AT&T Inc                                                            | CUSIP: 00206RJA1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1151613.87   | 0.06%             | 2032-05-01      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| AMERICOLD REALTY OPER PA            | Americold Realty Operating Partnership LP                           | CUSIP: 03063UAA9<br>LEI: 549300FKD9KVWNHSUU79 | Long             | DBT              | CORP              | US        |   7532000 | PA      | $7432436.53   | 0.40%             | 2034-09-12      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                   | Barclays Bank PLC                                                   | CUSIP: 06746CNP0<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | DBT              | CORP              | GB        |   5000000 | PA      | $5002625.70   | 0.27%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                    | Berry Global Inc                                                    | CUSIP: 08576PAH4<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   1604000 | PA      | $1598562.84   | 0.09%             | 2026-01-15      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| Blackbird Capital Aircraft          | Blackbird Capital Aircraft Lease Securitization Ltd 2016-1          | CUSIP: 09228YAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1335516 | PA      | $1335929.72   | 0.07%             | 2041-12-16      | Variable      | 4.21%                 | No            |                  2 | On Loan: No      |
| Blackbird Capital Aircraft          | Blackbird Capital Aircraft Lease Securitization Ltd 2016-1          | CUSIP: 09228YAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    478044 | PA      | $478173.20    | 0.03%             | 2041-12-16      | Variable      | 5.68%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK CORP                      | Brunswick Corp/DE                                                   | CUSIP: 117043AT6<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |   2781000 | PA      | $2441654.76   | 0.13%             | 2031-08-18      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| APTIV SWISS HOLDINGS LTD            | Aptiv Swiss Holdings Ltd                                            | CUSIP: 03837AAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |   2485000 | PA      | $2518766.95   | 0.14%             | 2034-09-13      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD            | Avolon Holdings Funding Ltd                                         | CUSIP: 05401AAK7<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    850000 | PA      | $850366.54    | 0.05%             | 2026-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                | Bank of America Corp                                                | CUSIP: 06048WEJ5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | SN               | CORP              | US        |    671000 | PA      | $569691.08    | 0.03%             | 2030-11-19      | Variable      | 0.19%                 | No            |                  2 | On Loan: No      |
| AT&T INC                            | AT&T Inc                                                            | CUSIP: 00206RCP5<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1699962.74   | 0.09%             | 2035-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| APTIV SWISS HOLDINGS LTD            | Aptiv PLC / Aptiv Global Financing DAC                              | CUSIP: 03837AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |   7000000 | PA      | $7135419.34   | 0.38%             | 2029-09-13      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| AVNET INC                           | Avnet Inc                                                           | CUSIP: 053807AV5<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |   4549000 | PA      | $4637860.76   | 0.25%             | 2032-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                    | Bank of Montreal                                                    | CUSIP: 06376CHK5<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   6539000 | PA      | $6550566.84   | 0.35%             | 2030-02-11      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BORGWARNER INC                      | BorgWarner Inc                                                      | CUSIP: 099724AQ9<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |   4401000 | PA      | $4563876.65   | 0.25%             | 2034-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD            | Avolon Holdings Funding Ltd                                         | CUSIP: 05401AAM3<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    850000 | PA      | $844756.55    | 0.05%             | 2026-02-21      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                 | CDW LLC / CDW Finance Corp                                          | CUSIP: 12513GBL2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3250000 | PA      | $3343528.24   | 0.18%             | 2034-08-22      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                     | Cigna Group/The                                                     | CUSIP: 125523CV0<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    750000 | PA      | $776678.60    | 0.04%             | 2034-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY INC                 | Cheniere Energy Inc                                                 | CUSIP: 16411RAK5<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3000006.90   | 0.16%             | 2028-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage       | Citigroup Commercial Mortgage Trust 2015-GC35                       | CUSIP: 17324KAT5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7000000 | PA      | $5064329.20   | 0.27%             | 2048-11-10      | Variable      | 4.65%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage       | Citigroup Commercial Mortgage Trust 2016-GC36                       | CUSIP: 17324TAM1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4301704.00   | 0.23%             | 2049-02-10      | Variable      | 4.81%                 | No            |                  2 | On Loan: No      |
| CITIGROUP GLOBAL MARKETS            | Citigroup Global Markets Holdings Inc/United States                 | CUSIP: 17330YP53<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $978463.49    | 0.05%             | 2062-12-02      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| DIGITAL REALTY TRUST LP             | Digital Realty Trust LP                                             | CUSIP: 25389JAU0<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |    489000 | PA      | $479757.45    | 0.03%             | 2029-07-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ECAF LTD                            | ECAF I Ltd                                                          | CUSIP: 26827EAE5<br>LEI: 635400SSRNQERTYCWK57 | Long             | ABS-O            | CORP              | KY        |  19177362 | PA      | $9252846.99   | 0.50%             | 2040-06-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| EAGLE BANCORP INC                   | Eagle Bancorp Inc                                                   | CUSIP: 268948AE6<br>LEI: 549300B47NZODRMG3D47 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6144386.22   | 0.33%             | 2029-09-30      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| ENACT HOLDINGS INC                  | Enact Holdings Inc                                                  | CUSIP: 29249EAA7<br>LEI: 9845003CA5664B741N19 | Long             | DBT              | CORP              | US        |   6650000 | PA      | $6970538.98   | 0.37%             | 2029-05-28      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER            | Enterprise Products Operating LLC                                   | CUSIP: 29379VAN3<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |   7278000 | PA      | $7203634.49   | 0.39%             | 2067-06-01      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| EVERBANK FINANCIAL CORP             | EverBank Financial Corp                                             | CUSIP: 29977GAE2<br>LEI: 549300ZSQX8IP0RAE826 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2085605.86   | 0.11%             | 2035-09-01      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK              | Federal Home Loan Banks                                             | CUSIP: 3130B7PN8<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   1555000 | PA      | $1549656.26   | 0.08%             | 2034-09-18      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK              | Federal Home Loan Banks                                             | CUSIP: 3130B8CN0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   5000000 | PA      | $4982045.80   | 0.27%             | 2035-11-07      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                         | Freddie Mac REMICS                                                  | CUSIP: 3137AVNU7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4310747 | PA      | $298696.86    | 0.02%             | 2042-10-15      | Floating      | 0.28%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                         | Freddie Mac REMICS                                                  | CUSIP: 3137H0VP0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    559708 | PA      | $326546.23    | 0.02%             | 2051-04-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                         | Freddie Mac REMICS                                                  | CUSIP: 3137H2GV0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3492222 | PA      | $1953155.54   | 0.10%             | 2051-07-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                     | Fannie Mae Interest Strip                                           | CUSIP: 31395Q5T3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2113180 | PA      | $297139.01    | 0.02%             | 2044-05-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FLEX LTD                            | Flex Ltd                                                            | CUSIP: 33938XAA3<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |   2497000 | PA      | $2531537.36   | 0.14%             | 2029-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                 | Global Payments Inc                                                 | CUSIP: 37940XAD4<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   4750000 | PA      | $4400884.36   | 0.24%             | 2030-05-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| GLOBE LIFE INC                      | Globe Life Inc                                                      | CUSIP: 37959EAC6<br>LEI: 5493001JFHKQOPP6XA71 | Long             | DBT              | CORP              | US        |   6250000 | PA      | $6567028.13   | 0.35%             | 2034-09-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A      | Government National Mortgage Association                            | CUSIP: 38382A5T8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3251391 | PA      | $329906.32    | 0.02%             | 2048-03-20      | Floating      | 1.98%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A      | Government National Mortgage Association                            | CUSIP: 38382T4Y7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1255737 | PA      | $646755.97    | 0.03%             | 2051-07-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A      | Government National Mortgage Association                            | CUSIP: 38382WW37<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   7162203 | PA      | $4391603.58   | 0.24%             | 2051-08-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A      | Government National Mortgage Association                            | CUSIP: 38382XPV1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    746627 | PA      | $394544.54    | 0.02%             | 2050-08-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HASBRO INC                          | Hasbro Inc                                                          | CUSIP: 418056AY3<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248900.71    | 0.01%             | 2026-11-19      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO            | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl          | CUSIP: 46590XAY2<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   5000000 | PA      | $5239975.00   | 0.28%             | 2033-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JACKSON FINANCIAL INC               | Jackson Financial Inc                                               | CUSIP: 46817MAL1<br>LEI: 213800WXW2KG1N4CO374 | Long             | DBT              | CORP              | US        |    500000 | PA      | $455731.22    | 0.02%             | 2031-11-23      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| JACOBS ENGINEERING GROUP            | Jacobs Engineering Group Inc                                        | CUSIP: 469814AA5<br>LEI: 549300CZ8QS1GE53O776 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1850013.99   | 0.10%             | 2033-03-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                 | JPMorgan Chase & Co                                                 | CUSIP: 48128BAH4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4250000 | PA      | $4250000.00   | 0.23%             | 2026-01-01      | Variable      | 6.73%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                         | KeyBank NA/Cleveland OH                                             | CUSIP: 49327V2C7<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $6987904.56   | 0.38%             | 2032-08-08      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                         | Truist Bank                                                         | CUSIP: 89788KAA4<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $918495.99    | 0.05%             | 2030-03-11      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                       | United States Treasury Bill                                         | CUSIP: 912797QZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19961981.38  | 1.07%             | 2025-12-18      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                       | United States Treasury Bill                                         | CUSIP: 912797SJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19867111.20  | 1.07%             | 2026-02-03      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WAYPOINT RESIDENTIAL LLC            | Waypoint Residential LLC                                            | CUSIP: 94677MAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4496594 | PA      | $1843603.54   | 0.10%             | 2029-12-31      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                          | AbbVie Inc                                                          | CUSIP: 00287YAR0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    500000 | PA      | $496128.42    | 0.03%             | 2035-05-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AFFILIATED MANAGERS GROU            | Affiliated Managers Group Inc                                       | CUSIP: 008252AR9<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3593989.74   | 0.19%             | 2034-08-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE              | Alliant Energy Finance LLC                                          | CUSIP: 01882YAC0<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |   1637000 | PA      | $1621219.37   | 0.09%             | 2026-03-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| AMER AIRLN 15-1 A PTT               | American Airlines 2015-1 Class A Pass Through Trust                 | CUSIP: 023770AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    900763 | PA      | $887480.79    | 0.05%             | 2027-05-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 17-1 A PTT             | American Airlines 2017-1 Class A Pass Through Trust                 | CUSIP: 02378AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185652 | PA      | $180161.88    | 0.01%             | 2029-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ASSURED GUARANTY US HLDG            | Assured Guaranty US Holdings Inc                                    | CUSIP: 04622DAA9<br>LEI: 5493007YCE0652G9TZ64 | Long             | DBT              | CORP              | US        |  12106000 | PA      | $10657690.22  | 0.57%             | 2066-12-15      | Variable      | 6.68%                 | No            |                  2 | On Loan: No      |
| AVNET INC                           | Avnet Inc                                                           | CUSIP: 053807AU7<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |    580000 | PA      | $526571.90    | 0.03%             | 2031-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AVNET INC                           | Avnet Inc                                                           | CUSIP: 053807AW3<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2075299.78   | 0.11%             | 2028-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BAC CAPITAL TRUST XIII              | BAC Capital Trust XIII                                              | CUSIP: 05518UAA5<br>LEI: 549300I6GXQ4O8PHFJ89 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $1687385.04   | 0.09%             | 2025-12-16      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage S      | BBCMS Trust 2015-VFM                                                | CUSIP: 05546JAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2939286.30   | 0.16%             | 2036-03-12      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BANK OF MARIN                       | Bank of Marin Bancorp                                               | CUSIP: 063425AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5990632.80   | 0.32%             | 2035-12-01      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                    | Bank of Montreal                                                    | CUSIP: 06368B5P9<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   6977000 | PA      | $6987263.17   | 0.38%             | 2026-02-25      | Variable      | 6.71%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                 | COMM 2015-DC1 Mortgage Trust                                        | CUSIP: 12629NAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    540000 | PA      | $479196.00    | 0.03%             | 2048-02-10      | Variable      | 4.43%                 | No            |                  2 | On Loan: No      |
| COUSINS PROPERTIES LP               | Cousins Properties LP                                               | CUSIP: 222793AC5<br>LEI: 254900ZQIHJ5FQH4C329 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7172924.36   | 0.39%             | 2030-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP             | Dell International LLC / EMC Corp                                   | CUSIP: 24703DBQ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2080792.85   | 0.11%             | 2035-02-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| FNB CORP                            | FNB Corp/PA                                                         | CUSIP: 302520AD3<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3064878.51   | 0.16%             | 2030-12-11      | Variable      | 5.72%                 | No            |                  2 | On Loan: No      |
| FLOWSERVE CORPORATION               | Flowserve Corp                                                      | CUSIP: 34354PAF2<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | DBT              | CORP              | US        |   2149000 | PA      | $2052694.03   | 0.11%             | 2030-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A      | Government National Mortgage Association                            | CUSIP: 38382WW60<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3372653 | PA      | $2013930.27   | 0.11%             | 2051-08-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A      | Government National Mortgage Association                            | CUSIP: 38382XJH9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2282075 | PA      | $1500875.44   | 0.08%             | 2051-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HOA ROYALTYCO LLC                   | HOA RoyaltyCo LLC                                                   | CUSIP: 403962AB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  12669704 | PA      | $5956027.66   | 0.32%             | 2055-11-22      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| HIGHWOODS REALTY LP                 | Highwoods Realty LP                                                 | CUSIP: 431282AS1<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              | CORP              | US        |   1834000 | PA      | $1711232.54   | 0.09%             | 2030-02-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| HUNTSMAN INTERNATIONAL L            | Huntsman International LLC                                          | CUSIP: 44701QBF8<br>LEI: 3YTEJFW18LGIUQ2N5J61 | Long             | DBT              | CORP              | US        |   3307000 | PA      | $2755386.38   | 0.15%             | 2031-06-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor      | JP Morgan Chase Commercial Mortgage Securities Trust 2011-C3        | CUSIP: 46635TAX0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9250000 | PA      | $8749074.58   | 0.47%             | 2046-02-15      | Variable      | 5.36%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC              | Marvell Technology Inc                                              | CUSIP: 573874AN4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6105094.20   | 0.33%             | 2028-06-22      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MERCK SHARP & DOHME CORP            | Merck Sharp & Dohme Corp                                            | CUSIP: 58933NAU3<br>LEI: MZK1AT00SJV4XB7WNL71 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $990262.65    | 0.05%             | 2041-11-28      | Floating      | 3.63%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust           | Morgan Stanley Bank of America Merrill Lynch Trust 2013-C11         | CUSIP: 61762TAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4202982 | PA      | $4058777.21   | 0.22%             | 2046-08-15      | Variable      | 4.21%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust           | Morgan Stanley Bank of America Merrill Lynch Trust 2013-C12         | CUSIP: 61762XAZ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    423613 | PA      | $402437.03    | 0.02%             | 2046-10-15      | Variable      | 4.86%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust           | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C21         | CUSIP: 61764XBP9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8000000 | PA      | $7112400.00   | 0.38%             | 2048-03-15      | Variable      | 3.93%                 | No            |                  2 | On Loan: No      |
| ADAMAS TRUST INC                    | New York Mortgage Trust Inc                                         | CUSIP: 649604AG0<br>LEI: 549300JFGR0M7ULHWG48 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4961789.70   | 0.27%             | 2026-04-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NEWPORT REALTY TRUST                | Newport Realty Trust Inc                                            | CUSIP: 652315AA0<br>LEI: 549300NQHVIV87HVCR07 | Long             | DBT              | CORP              | US        |   8995177 | PA      | $8995176.58   | 0.48%             | 2025-12-01      | Fixed         | 15.00%                | No            |                  2 | On Loan: No      |
| NORTHPOINTE BANCSHARES I            | Northpointe Bancshares Inc                                          | CUSIP: 66661NAG5<br>LEI: 549300EYMKMD4WKEKP72 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3179663.31   | 0.17%             | 2034-09-01      | Variable      | 9.00%                 | No            |                  2 | On Loan: No      |
| A10 CAPITAL LLC                     | A10 Capital LLC                                                     | CUSIP: 66982EAA0<br>LEI: 549300RXTK0PSG57BV49 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4926501.25   | 0.26%             | 2026-08-17      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| A10 CAPITAL LLC                     | A10 Capital LLC                                                     | CUSIP: 66982EAC6<br>LEI: 549300RXTK0PSG57BV49 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1477950.38   | 0.08%             | 2026-08-17      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| OCEANFIRST FINANCIAL CP             | OceanFirst Financial Corp                                           | CUSIP: 675234AC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4010000.00   | 0.22%             | 2035-11-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS            | Omega Healthcare Investors Inc                                      | CUSIP: 681936BN9<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2674833.03   | 0.14%             | 2033-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PCAP HOLDINGS LP                    | PCAP Holdings LP                                                    | CUSIP: 69320NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10000000 | PA      | $5500000.00   | 0.30%             | 2028-07-15      | None          | 6.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN COASTAL INSURAN            | United Insurance Holdings Corp                                      | CUSIP: 910710AA0<br>LEI: 5299002P9105LJQA8G51 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2221875.00   | 0.12%             | 2027-12-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC              | UnitedHealth Group Inc                                              | CUSIP: 91324PCQ3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    500000 | PA      | $497805.20    | 0.03%             | 2035-07-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO            | Virginia Electric and Power Co                                      | CUSIP: 927804FA7<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |   3400000 | PA      | $3680171.63   | 0.20%             | 2036-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CG-CCRE Commercial Mortgage Tr      | CG-CCRE Commercial Mortgage Trust 2014-FL1                          | CUSIP: 12528MAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5608848 | PA      | $5458691.43   | 0.29%             | 2031-06-15      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| CARRINGTON HOLDING CO LL            | Carrington Holding Co LLC                                           | CUSIP: 144523AG2<br>LEI: 635400MJJEAT2FUN2F71 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5096735.35   | 0.27%             | 2031-05-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| CHANGE CO CDFI LLC                  | Change Co CDFI LLC/The                                              | CUSIP: 15912AAC6<br>LEI: N/A                  | Long             | SN               | CORP              | US        |   7000000 | PA      | $6826405.18   | 0.37%             | 2031-09-30      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                       | Citigroup Inc                                                       | CUSIP: 1730T0E21<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | SN               | CORP              | US        |   2863000 | PA      | $2368597.12   | 0.13%             | 2033-12-20      | Variable      | 3.02%                 | No            |                  2 | On Loan: No      |
| THE BANCORP INC                     | Bancorp Inc/The                                                     | CUSIP: 05969AAB1<br>LEI: 894500FP2ICT1B019Y71 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5248064.30   | 0.28%             | 2030-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                | Boston Properties LP                                                | CUSIP: 10112RAX2<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   1221000 | PA      | $1219306.53   | 0.07%             | 2026-02-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Brean Asset Backed Securities       | Brean Asset Backed Securities Trust 2025-RM12                       | CUSIP: 10638KAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6000000 | PA      | $5868355.20   | 0.32%             | 2065-07-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus      | CSAIL 2015-C3 Commercial Mortgage Trust                             | CUSIP: 12635FBA1<br>LEI: 549300ZAGI6FKGY8O078 | Long             | ABS-MBS          | CORP              | US        |   5795000 | PA      | $3834957.15   | 0.21%             | 2048-08-15      | Variable      | 3.19%                 | No            |                  2 | On Loan: No      |
| CVS PASS-THROUGH TRUST              | CVS Pass-Through Trust                                              | CUSIP: 126650BQ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1477444 | PA      | $1523920.92   | 0.08%             | 2030-01-10      | Fixed         | 6.94%                 | No            |                  2 | On Loan: No      |
| CAPITAL IMPACT PARTNERS             | Capital Impact Partners                                             | CUSIP: 140192AB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3113447.82   | 0.17%             | 2035-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CROWN CAP HOLD LLC                  | Crown Capital Holdings LLC                                          | CUSIP: 22821CAE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7000000 | PA      | $4200000.00   | 0.23%             | 2025-01-15      | None          | 12.50%                | No            |                  2 | On Loan: No      |
| DARDEN RESTAURANTS INC              | Darden Restaurants Inc                                              | CUSIP: 237194AE5<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | DBT              | CORP              | US        |    998000 | PA      | $1033843.60   | 0.06%             | 2035-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                 | Dollar General Corp                                                 | CUSIP: 256677AP0<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |   3060000 | PA      | $3177171.99   | 0.17%             | 2033-07-05      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| EIDP INC                            | EIDP Inc                                                            | CUSIP: 26353LHW4<br>LEI: GLU7INWNWH88J9XBXD45 | Long             | DBT              | CORP              | US        |    515000 | PA      | $514516.55    | 0.03%             | 2040-12-21      | Floating      | 3.96%                 | No            |                  2 | On Loan: No      |
| F&G ANNUITIES & LIFE INC            | F&G Annuities & Life Inc                                            | CUSIP: 30190AAG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7298000 | PA      | $7396129.20   | 0.40%             | 2034-10-04      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FMC CORP                            | FMC Corp                                                            | CUSIP: 302491AT2<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |   3343000 | PA      | $3299502.62   | 0.18%             | 2026-10-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK              | Federal Home Loan Banks                                             | CUSIP: 3130B7R22<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   5000000 | PA      | $5009662.40   | 0.27%             | 2035-09-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK              | Federal Home Loan Banks                                             | CUSIP: 3130B7SA3<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   5000000 | PA      | $5000559.95   | 0.27%             | 2035-09-24      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                          | Fannie Mae REMICS                                                   | CUSIP: 3136BG7E5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2369432 | PA      | $1166797.59   | 0.06%             | 2051-10-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDNAT HOLDING CO                   | FedNat Holding Co                                                   | CUSIP: 31431BAC3<br>LEI: 549300TFR6HALUYTYJ66 | Long             | DBT              | CORP              | US        |  17000000 | PA      | $340000.00    | 0.02%             | 2029-03-15      | None          | 7.75%                 | No            |                  3 | On Loan: No      |
| FIDELITY FEDERAL BANCORP            | Fidelity Federal Bancorp                                            | CUSIP: 315921AG1<br>LEI: 5493004DRUFQ7MQTK142 | Long             | DBT              | CORP              | US        |   6500000 | PA      | $6383017.16   | 0.34%             | 2028-10-15      | Variable      | 7.96%                 | No            |                  2 | On Loan: No      |
| FIDELITY FEDERAL BANCORP            | Fidelity Federal Bancorp                                            | CUSIP: 315921AJ5<br>LEI: 5493004DRUFQ7MQTK142 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $6940489.71   | 0.37%             | 2029-11-01      | Variable      | 8.54%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                 | Fifth Third Bancorp                                                 | CUSIP: 316773CR9<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |   1498000 | PA      | $1497972.14   | 0.08%             | 2025-12-28      | Variable      | 7.39%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust        | GS Mortgage Securities Trust 2014-GC24                              | CUSIP: 36253GAK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4340000 | PA      | $4174472.40   | 0.22%             | 2047-09-10      | Variable      | 4.54%                 | No            |                  2 | On Loan: No      |
| GEORGIA-PACIFIC LLC                 | Georgia-Pacific LLC                                                 | CUSIP: 373298BN7<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |    421000 | PA      | $421000.00    | 0.02%             | 2025-12-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                 | Global Payments Inc                                                 | CUSIP: 37940XAH5<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   1154000 | PA      | $1032976.89   | 0.06%             | 2031-11-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A      | Government National Mortgage Association                            | CUSIP: 38383ADQ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3216833 | PA      | $2057110.12   | 0.11%             | 2051-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GREAT AJAX OPER PSHIP               | Great Ajax Operating Partnership LP                                 | CUSIP: 38982GAA4<br>LEI: 549300IMX0KE8QJMZ613 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3421073.78   | 0.18%             | 2027-09-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| HCA INC                             | HCA Inc                                                             | CUSIP: 404119BT5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2001536.02   | 0.11%             | 2026-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HORACE MANN EDUCATORS CO            | Horace Mann Educators Corp                                          | CUSIP: 440327AM6<br>LEI: 254900G5YAV3A2YK8T32 | Long             | DBT              | CORP              | US        |   3520000 | PA      | $3507263.02   | 0.19%             | 2030-10-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Icon Brand Holdings LLC             | Icon Brand Holdings LLC                                             | CUSIP: 45112AAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7009399 | PA      | $4112652.56   | 0.22%             | 2043-01-25      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu      | JPMBB Commercial Mortgage Securities Trust 2014-C24                 | CUSIP: 46643GAK6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10400000 | PA      | $10018930.48  | 0.54%             | 2047-11-15      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| KDAC Aviation Finance Limited       | KDAC Aviation Finance Ltd                                           | CUSIP: 48244XAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   8218457 | PA      | $8142743.56   | 0.44%             | 2042-12-15      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| KEMPER CORP                         | Kemper Corp                                                         | CUSIP: 488401AC4<br>LEI: 549300FNI1JKTRY2PV09 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4008357.36   | 0.22%             | 2030-09-30      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| KEMPER CORP                         | Kemper Corp                                                         | CUSIP: 488401AD2<br>LEI: 549300FNI1JKTRY2PV09 | Long             | DBT              | CORP              | US        |   3750000 | PA      | $3459028.16   | 0.19%             | 2032-02-23      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| LKQ CORP                            | LKQ Corp                                                            | CUSIP: 501889AF6<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | DBT              | CORP              | US        |   6775000 | PA      | $7250368.55   | 0.39%             | 2033-06-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| LEAR CORP                           | Lear Corp                                                           | CUSIP: 521865BC8<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $893036.82    | 0.05%             | 2032-01-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| MAREX GROUP PLC                     | Marex Group PLC                                                     | CUSIP: 566539AA0<br>LEI: 549300DWX0SVICJAL507 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $2065424.44   | 0.11%             | 2029-11-04      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Pioneer Aircraft Finance Limit      | Pioneer Aircraft Finance Ltd                                        | CUSIP: 72353PAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1419643 | PA      | $1409025.67   | 0.08%             | 2044-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| REGAL REXNORD CORP                  | Regal Rexnord Corp                                                  | CUSIP: 758750AL7<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3006935.67   | 0.16%             | 2026-02-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| SAFEHOLD GL HOLDINGS LLC            | Safehold GL Holdings LLC                                            | CUSIP: 785931AB2<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6181153.14   | 0.33%             | 2035-01-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP            | Sumitomo Mitsui Financial Group Inc                                 | CUSIP: 86562MDU1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    500000 | PA      | $534924.15    | 0.03%             | 2035-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| SUMMIT CNTY OH PORT AUTH REVEN      | Summit County Development Finance Authority                         | CUSIP: 86606KAP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135206.55    | 0.01%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                 | Synchrony Financial                                                 | CUSIP: 87165BAM5<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $991743.76    | 0.05%             | 2027-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOF            | Take-Two Interactive Software Inc                                   | CUSIP: 874054AN9<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1049808.54   | 0.06%             | 2034-06-12      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP            | Toyota Motor Credit Corp                                            | CUSIP: 89236TLV5<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   2241000 | PA      | $2249923.82   | 0.12%             | 2029-03-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                       | United States Treasury Bill                                         | CUSIP: 912797PV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19777770.00  | 1.06%             | 2026-03-19      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                       | United States Treasury Bill                                         | CUSIP: 912797RW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19982173.32  | 1.07%             | 2025-12-09      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU      | WFRBS Commercial Mortgage Trust 2013-C15                            | CUSIP: 92938CAH0<br>LEI: 5493003CHVRASC16O965 | Long             | ABS-MBS          | CORP              | US        |   3625967 | PA      | $3493582.73   | 0.19%             | 2046-08-15      | Variable      | 4.28%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag      | Wells Fargo Commercial Mortgage Trust 2015-SG1                      | CUSIP: 94989QBB5<br>LEI: 549300ZJL46M82UL2Z22 | Long             | ABS-MBS          | CORP              | US        |   4574726 | PA      | $4362046.71   | 0.23%             | 2048-09-15      | Variable      | 4.46%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                | Boston Properties LP                                                | CUSIP: 10112RBD5<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   4085000 | PA      | $3828601.38   | 0.21%             | 2031-01-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Brean Asset Backed Securities       | Brean Asset Backed Securities Trust 2024-RM8                        | CUSIP: 10637YAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1544720 | PA      | $1519761.08   | 0.08%             | 2064-05-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Brean Asset Backed Securities       | Brean Asset Backed Securities Trust 2024-RM8                        | CUSIP: 10637YAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8000000 | PA      | $7719925.60   | 0.42%             | 2064-05-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BUFF ST FOUNDATION HC               | Buffalo State College Foundation Housing Corp                       | CUSIP: 119807AJ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    380000 | PA      | $356710.77    | 0.02%             | 2028-11-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| TGIF Funding, LLC                   | TGIF Funding LLC 2017-1A                                            | CUSIP: 87244BAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10990469 | PA      | $9254816.66   | 0.50%             | 2047-04-30      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Thunderbolt Aircraft Lease Lim      | Thunderbolt III Aircraft Lease Ltd                                  | CUSIP: 88607AAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1831433 | PA      | $1666623.10   | 0.09%             | 2039-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK               | Toronto-Dominion Bank/The                                           | CUSIP: 89115JAE3<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   3000000 | PA      | $3001816.74   | 0.16%             | 2030-04-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES               | TransCanada PipeLines Ltd                                           | CUSIP: 89352HAC3<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |  18223000 | PA      | $16263194.53  | 0.87%             | 2067-05-15      | Variable      | 6.32%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE              | American Honda Finance Corp                                         | CUSIP: 02665WFZ9<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    750000 | PA      | $765027.44    | 0.04%             | 2035-03-05      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| HEALTHCARE RLTY HLDGS LP            | Healthcare Realty Holdings LP                                       | CUSIP: 42225UAM6<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              | CORP              | US        |   3205000 | PA      | $2788551.50   | 0.15%             | 2031-03-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Horizon Aircraft Finance            | Horizon Aircraft Finance I Ltd                                      | CUSIP: 440405AF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2702399 | PA      | $2398271.38   | 0.13%             | 2038-12-15      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| TYSON FOODS INC                     | Tyson Foods Inc                                                     | CUSIP: 902494BM4<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2644747.08   | 0.14%             | 2034-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| US BANK NA CINCINNATI               | US Bank NA/Cincinnati OH                                            | CUSIP: 90331HMW0<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4936371.90   | 0.27%             | 2056-02-23      | Floating      | 3.84%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2020-1 A PTT             | United Airlines 2020-1 Class A Pass Through Trust                   | CUSIP: 90931GAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1700292 | PA      | $1737447.80   | 0.09%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                       | United States Treasury Bill                                         | CUSIP: 912797RJ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19903243.70  | 1.07%             | 2026-01-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                       | United States Treasury Bill                                         | CUSIP: 912797RR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19997727.77  | 1.08%             | 2025-12-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| VENTAS REALTY LP                    | Ventas Realty LP                                                    | CUSIP: 92277GBA4<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2011038.74   | 0.11%             | 2035-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                  | VICI Properties LP                                                  | CUSIP: 925650AC7<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |   6750000 | PA      | $6830548.43   | 0.37%             | 2030-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| VOYA FINANCIAL INC                  | Voya Financial Inc                                                  | CUSIP: 929089AH3<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6016586.76   | 0.32%             | 2034-09-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WAYPOINT RESIDENTIAL LLC            | Waypoint Residential LLC                                            | CUSIP: 94677MAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5403406 | PA      | $1080681.20   | 0.06%             | 2031-12-31      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ZIONS BANCORP NA                    | Zions Bancorp NA                                                    | CUSIP: 98971DAB6<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | DBT              | CORP              | US        |   9092000 | PA      | $8493877.32   | 0.46%             | 2029-10-29      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WEBSTER FINANCIAL CORP              | Sterling Bancorp/DE                                                 | CUSIP: 85917AAB6<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | DBT              | CORP              | US        |   9700000 | PA      | $9688652.75   | 0.52%             | 2029-12-30      | Variable      | 6.51%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU      | WFRBS Commercial Mortgage Trust 2014-C20                            | CUSIP: 92890FAZ9<br>LEI: 549300UVB571ELWL8972 | Long             | ABS-MBS          | CORP              | US        |   4500000 | PA      | $2002635.00   | 0.11%             | 2047-05-15      | Variable      | 4.51%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU      | WFRBS Commercial Mortgage Trust 2012-C10                            | CUSIP: 92890NAY5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7000000 | PA      | $6159930.00   | 0.33%             | 2045-12-15      | Variable      | 4.46%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU      | WFRBS Commercial Mortgage Trust 2014-C21                            | CUSIP: 92939FAE9<br>LEI: 5493000F7E2NMQ4HIO61 | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4209450.00   | 0.23%             | 2047-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU      | WFRBS Commercial Mortgage Trust 2014-C21                            | CUSIP: 92939FAY5<br>LEI: 5493000F7E2NMQ4HIO61 | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2819970.00   | 0.15%             | 2047-08-15      | Variable      | 4.23%                 | No            |                  2 | On Loan: No      |
| Apollo Aviation Securitization      | AASET 2024-1                                                        | CUSIP: 00255JAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7797553 | PA      | $8024080.16   | 0.43%             | 2049-05-16      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| AMERICAN ASSETS TRUST LP            | American Assets Trust LP                                            | CUSIP: 02401LAB0<br>LEI: 549300V1TI0SMG9Z6U69 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7162293.53   | 0.39%             | 2034-10-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| ARROW ELECTRONICS INC               | Arrow Electronics Inc                                               | CUSIP: 04273WAE1<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |   5670000 | PA      | $5928058.48   | 0.32%             | 2034-04-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                    | Bank of Montreal                                                    | CUSIP: 06376A5W6<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   3500000 | PA      | $3501067.61   | 0.19%             | 2029-06-18      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BOEING CO                           | Boeing Co/The                                                       | CUSIP: 097023BK0<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   2131000 | PA      | $1850227.37   | 0.10%             | 2035-03-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| FMC CORP                            | FMC Corp                                                            | CUSIP: 302491AU9<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |    750000 | PA      | $682821.67    | 0.04%             | 2029-10-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                 | FS KKR Capital Corp                                                 | CUSIP: 302635AL1<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2889325.92   | 0.16%             | 2027-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                         | Freddie Mac REMICS                                                  | CUSIP: 3137F6XZ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    764847 | PA      | $381206.59    | 0.02%             | 2050-11-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| FLOWSERVE CORPORATION               | Flowserve Corp                                                      | CUSIP: 34355JAB4<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | DBT              | CORP              | US        |    250000 | PA      | $224665.56    | 0.01%             | 2032-01-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A      | Government National Mortgage Association                            | CUSIP: 38383ADK7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3521654 | PA      | $2346713.09   | 0.13%             | 2051-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HCA INC                             | HCA Inc                                                             | CUSIP: 404119AJ8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   4273000 | PA      | $4955334.01   | 0.27%             | 2033-11-06      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                   | HSBC Holdings PLC                                                   | CUSIP: 404280DK2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   1080000 | PA      | $1223241.51   | 0.07%             | 2032-05-17      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| FNB CORP                            | Howard Bancorp Inc                                                  | CUSIP: 442496AA3<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2971493.22   | 0.16%             | 2028-12-06      | Variable      | 7.41%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                          | Humana Inc                                                          | CUSIP: 444859CA8<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2069214.00   | 0.11%             | 2031-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON INGALLS INDUS            | Huntington Ingalls Industries Inc                                   | CUSIP: 446413AZ9<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1890504.74   | 0.10%             | 2028-08-16      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| HUNTSMAN INTERNATIONAL L            | Huntsman International LLC                                          | CUSIP: 44701QBG6<br>LEI: 3YTEJFW18LGIUQ2N5J61 | Long             | DBT              | CORP              | US        |   4550000 | PA      | $4085339.44   | 0.22%             | 2034-10-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Sprite Limited                      | Sprite 2021-1 Ltd                                                   | CUSIP: 85208UAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   4953232 | PA      | $4842735.94   | 0.26%             | 2046-11-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HMH Trust                           | HMH Trust 2017-NSS                                                  | CUSIP: 40390AAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5850000 | PA      | $4914058.50   | 0.26%             | 2031-07-05      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| HIGHWOODS REALTY LP                 | Highwoods Realty LP                                                 | CUSIP: 431282AU6<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              | CORP              | US        |   4850000 | PA      | $5535486.05   | 0.30%             | 2034-02-01      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| IIP OPERATING PARTNER               | IIP Operating Partnership LP                                        | CUSIP: 44988FAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3619000 | PA      | $3566991.31   | 0.19%             | 2026-05-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ILLUMINA INC                        | Illumina Inc                                                        | CUSIP: 452327AN9<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2000506.04   | 0.11%             | 2025-12-12      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| JABIL INC                           | Jabil Inc                                                           | CUSIP: 466313AH6<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2244089.50   | 0.12%             | 2028-01-12      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC                       | AEP Texas Inc                                                       | CUSIP: 00108WAT7<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2096787.20   | 0.11%             | 2034-05-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                      | Air Lease Corp                                                      | CUSIP: 00914AAG7<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7018659.98   | 0.38%             | 2030-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ALBEMARLE CORP                      | Albemarle Corp                                                      | CUSIP: 012653AE1<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |   7250000 | PA      | $7275731.41   | 0.39%             | 2032-06-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E            | Alexandria Real Estate Equities Inc                                 | CUSIP: 015271BA6<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3397297.72   | 0.18%             | 2035-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC            | Baxter International Inc                                            | CUSIP: 071813CS6<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $874175.31    | 0.05%             | 2032-02-01      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| BAY BANKS VIRGINIA                  | Bay Banks of Virginia Inc                                           | CUSIP: 072035AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1773034 | PA      | $1733953.92   | 0.09%             | 2029-10-15      | Variable      | 8.23%                 | No            |                  2 | On Loan: No      |
| BLOCK FINANCIAL LLC                 | Block Financial LLC                                                 | CUSIP: 093662AH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4356490.14   | 0.23%             | 2030-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BOEING CO                           | Boeing Co/The                                                       | CUSIP: 097023CY9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2370565.08   | 0.13%             | 2030-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC             | Booz Allen Hamilton Inc                                             | CUSIP: 09951LAC7<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3683792.77   | 0.20%             | 2033-08-04      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC             | Booz Allen Hamilton Inc                                             | CUSIP: 09951LAD5<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2858386.60   | 0.15%             | 2035-04-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                | Boston Properties LP                                                | CUSIP: 10112RBJ2<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   2755000 | PA      | $2836655.86   | 0.15%             | 2035-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Brean Asset Backed Securities       | Brean Asset Backed Securities Trust 2025-RM11                       | CUSIP: 10638GAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5985830 | PA      | $5911562.17   | 0.32%             | 2065-05-25      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| Brean Asset Backed Securities       | Brean Asset Backed Securities Trust 2025-RM13                       | CUSIP: 10638PAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1889876.00   | 0.10%             | 2065-10-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BROADMARK REALTY CAPITAL            | Broadmark Realty Capital Inc                                        | CUSIP: 11135BAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4762358.20   | 0.26%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                   | Brown & Brown Inc                                                   | CUSIP: 115236AG6<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |   2073000 | PA      | $2151013.79   | 0.12%             | 2034-06-11      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                 | CDW LLC / CDW Finance Corp                                          | CUSIP: 12513GBJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2104041.20   | 0.11%             | 2031-12-01      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                 | COMM 2014-UBS5 Mortgage Trust                                       | CUSIP: 12592KBF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3270000 | PA      | $3180075.00   | 0.17%             | 2047-09-10      | Variable      | 4.51%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus      | CSAIL 2015-C1 Commercial Mortgage Trust                             | CUSIP: 126281BF0<br>LEI: 549300UFJ8EKD81Y8R30 | Long             | ABS-MBS          | CORP              | US        |   1780000 | PA      | $1616257.80   | 0.09%             | 2050-04-15      | Variable      | 3.96%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus      | Csail 2015-C2 Commercial Mortgage Trust                             | CUSIP: 12634NAZ1<br>LEI: 549300D5DIOOMKWXVZ20 | Long             | ABS-MBS          | CORP              | US        |   3579000 | PA      | $3212116.71   | 0.17%             | 2057-06-15      | Variable      | 4.18%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                     | CVS Health Corp                                                     | CUSIP: 126650DY3<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1034744.53   | 0.06%             | 2033-06-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK              | Canadian Imperial Bank of Commerce                                  | CUSIP: 13609FBA1<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   6007000 | PA      | $6001286.26   | 0.32%             | 2030-10-17      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Castlelake Aircraft Securitiza      | Castlelake Aircraft Structured Trust 2019-1                         | CUSIP: 14855MAA6<br>LEI: 549300MHTIBONNXM3R82 | Long             | ABS-O            | CORP              | US        |   1452545 | PA      | $1420687.79   | 0.08%             | 2039-04-15      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS            | Cheniere Energy Partners LP                                         | CUSIP: 16411QAG6<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4498720.16   | 0.24%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHOICE HOTELS INTL INC              | Choice Hotels International Inc                                     | CUSIP: 169905AH9<br>LEI: 5493003CYRY5RFGTIR97 | Long             | DBT              | CORP              | US        |   6900000 | PA      | $7091306.02   | 0.38%             | 2034-08-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| CINCINNATI FINL CORP                | Cincinnati Financial Corp                                           | CUSIP: 172062AE1<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2700310.20   | 0.15%             | 2034-11-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                       | Citigroup Inc                                                       | CUSIP: 1730T0HV4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | SN               | CORP              | US        |   1152000 | PA      | $1032845.18   | 0.06%             | 2029-12-23      | Variable      | 2.38%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                       | Citigroup Inc                                                       | CUSIP: 1730T0KV0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | SN               | CORP              | US        |    727000 | PA      | $580944.25    | 0.03%             | 2030-11-19      | Variable      | 0.19%                 | No            |                  2 | On Loan: No      |
| COMERICA INC                        | Comerica Inc                                                        | CUSIP: 200340AT4<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1981701.42   | 0.11%             | 2029-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FIRST CITIZENS BANCSHARE            | First Citizens BancShares Inc/NC                                    | CUSIP: 319626AA5<br>LEI: 549300N3Z00ZHE2XC526 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4992459.35   | 0.27%             | 2035-09-05      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| READYCAP HOLDINGS LLC               | ReadyCap Holdings LLC                                               | CUSIP: 755763AC3<br>LEI: 549300W908MAGNC9E420 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9744829.40   | 0.52%             | 2026-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| REINSURANCE GRP OF AMER             | Reinsurance Group of America Inc                                    | CUSIP: 759351AE9<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |  12898000 | PA      | $12446700.79  | 0.67%             | 2065-12-15      | Variable      | 6.96%                 | No            |                  2 | On Loan: No      |
| Sprite Limited                      | Sprite 2021-1 Ltd                                                   | CUSIP: 85208UAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1571209 | PA      | $1561737.40   | 0.08%             | 2046-11-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| AASET 2022-1 LLC                    | AASET 2022-1 LLC                                                    | CUSIP: 00255EAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3923083 | PA      | $4005525.40   | 0.22%             | 2047-05-16      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ACRES COMMERCIAL REALTY             | ACRES Commercial Realty Corp                                        | CUSIP: 00489QAA0<br>LEI: 549300RUJWPCMY4JFR46 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $7790279.52   | 0.42%             | 2026-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E            | Alexandria Real Estate Equities Inc                                 | CUSIP: 015271AN9<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1363371.17   | 0.07%             | 2030-07-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| PUGET ENERGY INC                    | Puget Energy Inc                                                    | CUSIP: 745310AQ5<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5157868.90   | 0.28%             | 2035-03-15      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| QORVO INC                           | Qorvo Inc                                                           | CUSIP: 74736KAH4<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7398677.25   | 0.40%             | 2029-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SABRA HEALTH CARE LP                | Sabra Health Care LP                                                | CUSIP: 78572XAG6<br>LEI: 549300OVKLRFSIQG0H81 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1955933.58   | 0.11%             | 2029-10-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Project Silver                      | Project Silver                                                      | CUSIP: 827304AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3538532 | PA      | $3467832.56   | 0.19%             | 2044-07-15      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP              | Bank of New York Mellon Corp/The                                    | CUSIP: 064058AJ9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $993694.90    | 0.05%             | 2026-03-20      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| Trinity Rail Leasing L.P.           | Trinity Rail Leasing 2025 LLC                                       | CUSIP: 89657MAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2989033 | PA      | $2993392.33   | 0.16%             | 2055-10-19      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP               | Truist Financial Corp                                               | CUSIP: 89832QAD1<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |  10552000 | PA      | $10568545.54  | 0.57%             | 2026-03-01      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| UDR INC                             | UDR Inc                                                             | CUSIP: 90265EAS9<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              | CORP              | US        |   2192000 | PA      | $1915335.45   | 0.10%             | 2034-11-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| UTB FINANCIAL HOLDING CO            | UTB Financial Holding Co                                            | CUSIP: 91758PAA5<br>LEI: 549300BCI1V7V4DLG340 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5879275.26   | 0.32%             | 2028-09-01      | Variable      | 7.67%                 | No            |                  2 | On Loan: No      |
| VENTAS REALTY LP                    | Ventas Realty LP                                                    | CUSIP: 92277GAX5<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1310571.95   | 0.07%             | 2034-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-22

**Name of Applicant:** Thompson IM Funds, Inc.

**Signature:** /s/ Jason L. Stephens

**Name of Signer:** Jason L. Stephens

**Title:** Chief Executive Officer