# EDGAR Filing Document

**Accession Number:** 0000885709
**File Stem:** 0000940400-26-025013
**Filing Date:** 2026-6
**Character Count:** 152390
**Document Hash:** 7f966809f02cdb1e0cd0a8fd4b6e5194
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-025013.hdr.sgml**: 20260622

**ACCESSION NUMBER**: 0000940400-26-025013

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260622

**DATE AS OF CHANGE**: 20260622

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PAYDEN & RYGEL INVESTMENT GROUP
- **CENTRAL INDEX KEY:** 0000885709

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06625
- **FILM NUMBER:** 261107510

**BUSINESS ADDRESS:**
- **STREET 1:** 333 S GRAND AVE
- **STREET 2:** 40TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071
- **BUSINESS PHONE:** 2136251900

**MAIL ADDRESS:**
- **STREET 1:** 333 S GRAND AVE
- **STREET 2:** 40TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAYDENFUNDS
- **DATE OF NAME CHANGE:** 20010423

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAYDEN & RYGEL INVESTMENT GROUP
- **DATE OF NAME CHANGE:** 19940104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** P&R INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### Payden Global Fixed Income Fund (Series ID: S000011763)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000032188 | Payden Global Fixed Income Fund (Investor Class) | PYGFX           |
| C000228771 | Payden Global Fixed Income Fund (SI Class)       | PYGIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PAYDEN & RYGEL INVESTMENT GROUP

- **b. Investment Company Act file number:** 811-06625

- **c. CIK number of Registrant:** 0000885709

- **d. LEI of Registrant:** 549300QJNYRKYZS3P282

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

  - **Street Address 1:** 333 South Grand Avenue

  - **City:** Los Angeles

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90071

  - **Telephone number:** 213-625-1900

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

- **a. Name of Series:** Payden Global Fixed Income Fund

- **b. EDGAR series identifier (if any):** S000011763

- **c. LEI of Series:** 4FIJ4Q85YDRQV4HLK508

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

- **a. Date of fiscal year-end:** 2026-10-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $152926062.38

**Total Liabilities:** $3124010.83

**Net Assets:** $149802051.55

**Delayed Delivery Securities:** $288062.50

**Cash Not Reported:** $4286403.44

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 22.00000000 | **5-Year:** 5118.00000000 | **10-Year:** 11764.00000000 | **30-Year:** 25520.00000000

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

- **3-Month:** 0.00000000 | **1-Year:** -175.00000000 | **5-Year:** 9588.00000000 | **10-Year:** 5954.00000000 | **30-Year:** 5318.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000032188 | 1.43%                | -2.54%               | 0.74%                |
| Class ID C000228771 | 1.44%                | -2.54%               | 0.76%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $33523.60                | $1198972.57                                |
| Month 2  | $-211116.52              | $-5048951.41                               |
| Month 3  | $34797.34                | $1721666.64                                |

**Designated Index Information**

- **Index Name:** BBG Global Aggregate Index (USD Hedged)

- **Index Identifier:** LGAINXUSDH

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| HSBC SECURITIES (USA) INC.                                                               | USD/AUD FORWARD                                        | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |           1 | NC      | $21464.91     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                                   | 2-Year T-Note Futures, Jun-2026,ETH                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |          67 | NC      | $-29362.08    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| CHILE, REPUBLIC OF - MINISTRY OF FINANCE                                                 | CHILE 3.875 04/14/36                                   | CUSIP: 000000000<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |      450000 | PA      | $517915.78    | 0.35%             | 2036-04-14      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| INTERCORP PERU LTD                                                                       | IFHBH 3.875 08/15/29 REGS                              | CUSIP: 000000000<br>LEI: 549300L0OFVSOE4NSY75 | Long             | DBT              | CORP              | BS        |      475000 | PA      | $457541.38    | 0.31%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| JAPAN, GOVERNMENT OF - MINISTRY OF FINANCE                                               | JGB 1 03/20/30 178                                     | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   230000000 | PA      | $1428731.12   | 0.95%             | 2030-03-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                                                        | GIS 3.6 04/17/32                                       | CUSIP: 370334DC5<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |      450000 | PA      | $522081.61    | 0.35%             | 2032-04-17      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| AVERY DENNISON CORP                                                                      | AVY 4 09/11/35                                         | CUSIP: 053611AR0<br>LEI: 549300PW7VPFCYKLIV37 | Long             | DBT              | CORP              | US        |      450000 | PA      | $523265.29    | 0.35%             | 2035-09-11      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2021-HQA3                                                  | STACR 2021-HQA3 B2                                     | CUSIP: 35564KKL2<br>LEI: 5493000ISHRHX47NOH65 | Long             | ABS-O            | USGSE             | US        |      400000 | PA      | $407149.32    | 0.27%             | 2041-09-25      | Floating      | 9.90%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | FN CB9019                                              | CUSIP: 3140QVAV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      663253 | PA      | $679401.71    | 0.45%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AMBER FINCO PLC                                                                          | AMBRFN 6.625 07/15/29 144A                             | CUSIP: 000000000<br>LEI: 9845004C0870D380O790 | Long             | DBT              | CORP              | GB        |      200000 | PA      | $243575.71    | 0.16%             | 2029-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                          | FR ZA4718                                              | CUSIP: 31329NG36<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      883386 | PA      | $795230.19    | 0.53%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MALAYSIA, FEDERATION OF                                                                  | MGS 3.502 05/31/27 0307                                | CUSIP: 000000000<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |     1700000 | PA      | $430239.81    | 0.29%             | 2027-05-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                                                               | USD/NOK FORWARD                                        | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |           1 | NC      | $31230.67     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                                                                       | MQGAU V3.052 03/03/36 144A                             | CUSIP: 556079AD3<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |      850000 | PA      | $767764.80    | 0.51%             | 2036-03-03      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2025-CES9                                                            | RCKT 2025-CES9 A1A                                     | CUSIP: 74942JAA2<br>LEI: 254900C7HSSCU34P7S40 | Long             | ABS-O            | CORP              | US        |      642071 | PA      | $638262.76    | 0.43%             | 2055-09-25      | Variable      | 4.79%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                                 | G2 MA7766                                              | CUSIP: 36179WTX6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      204591 | PA      | $168544.82    | 0.11%             | 2051-12-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                                  | HCA 4.125 06/15/29                                     | CUSIP: 404119BX6<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |      450000 | PA      | $444014.15    | 0.30%             | 2029-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                                                           | CRM 5.55 03/15/36                                      | CUSIP: 79466LAU8<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |      850000 | PA      | $847970.82    | 0.57%             | 2036-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                                       | ALLY V6.848 01/03/30                                   | CUSIP: 02005NBU3<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |      410000 | PA      | $428181.94    | 0.29%             | 2030-01-03      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| MOTABILITY OPERATIONS GROUP PLC                                                          | MOTOPG 2.375 03/14/32 EMTN                             | CUSIP: 000000000<br>LEI: AZ3NL8JCZDCNUXFWI720 | Long             | DBT              | CORP              | GB        |      350000 | PA      | $405241.72    | 0.27%             | 2032-03-14      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                              | ORCL 4.95 02/04/31                                     | CUSIP: 68389XDX0<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |      450000 | PA      | $440296.02    | 0.29%             | 2031-02-04      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| AIRBNB INC                                                                               | ABNB 5.25 03/16/36                                     | CUSIP: 009066AE1<br>LEI: 549300HMUDNO0RY56D37 | Long             | DBT              | CORP              | US        |      500000 | PA      | $498842.23    | 0.33%             | 2036-03-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FRANCE, REPUBLIC OF - MINISTERE DE L'ECONOMIE, DES FINANCES ET DE L'INDUSTRIE            | FRTR 0.5 06/25/44 OAT                                  | CUSIP: 000000000<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |     1100000 | PA      | $691285.60    | 0.46%             | 2044-06-25      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                                                 | USD/SEK FORWARD                                        | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |           1 | NC      | $3352.40      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                          | FR RA3728                                              | CUSIP: 3133KKD97<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     1012405 | PA      | $827064.03    | 0.55%             | 2050-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UK LOGISTICS 2024-1 DAC                                                                  | UKLOG 2024-1A A                                        | CUSIP: 000000000<br>LEI: 635400H22JMICKOJRJ36 | Long             | ABS-O            | CORP              | IE        |      121978 | PA      | $166407.89    | 0.11%             | 2034-05-17      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| SHRIRAM FINANCE LTD                                                                      | SHFLIN 6.15 04/03/28 REGS                              | CUSIP: 000000000<br>LEI: 335800TM2YO24B76XL26 | Long             | DBT              | CORP              | IN        |      425000 | PA      | $434015.90    | 0.29%             | 2028-04-03      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICA, REPUBLIC OF - NATIONAL TREASURY                                            | SOAF 4.85 09/30/29 10Y                                 | CUSIP: 836205BA1<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |      200000 | PA      | $199023.28    | 0.13%             | 2029-09-30      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT                                     | T 4.125 03/31/32                                       | CUSIP: 91282CMT5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     1300000 | PA      | $1300253.90   | 0.87%             | 2032-03-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATIONAL INFORMATION SERVICES INC                                               | FIS 3.45 03/10/30                                      | CUSIP: 31620MCG9<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |      100000 | PA      | $116697.05    | 0.08%             | 2030-03-10      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| FIDEICOMISO IRREVOCABLE 1721 BANCO ACTINVER SA                                           | FIBRAP 5.625 01/14/38 144A                             | CUSIP: 31575KAB1<br>LEI: 549300JMTSVQ6LKX5222 | Long             | DBT              | CORP              | MX        |      350000 | PA      | $345625.00    | 0.23%             | 2038-01-14      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | FN BM2007                                              | CUSIP: 3140J6GR2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      563581 | PA      | $536865.30    | 0.36%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ASB BANK LTD                                                                             | ASBBNK V5.284 06/17/32 144A                            | CUSIP: 04342JAA5<br>LEI: 549300IBZWZL1KTPF918 | Long             | DBT              | CORP              | NZ        |      550000 | PA      | $552705.20    | 0.37%             | 2032-06-17      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2025-CES7                                                            | RCKT 2025-CES7 A1A                                     | CUSIP: 74943AAA0<br>LEI: 254900E35NYYFOUTHD06 | Long             | ABS-O            | CORP              | US        |      345662 | PA      | $346786.79    | 0.23%             | 2055-07-25      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                                             | JPY/USD FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $2769.85      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ALBANIA, REPUBLIC OF - MINISTRY OF FINANCE (MINISTRIA E FINANCAVE)                       | ALBANI 4.75 02/14/35 REGS                              | CUSIP: 000000000<br>LEI: 254900EDM43U3SGRND29 | Long             | DBT              | NUSS              | AL        |      380000 | PA      | $443587.96    | 0.30%             | 2035-02-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PERMANENT TSB GROUP HOLDINGS PLC                                                         | PTSB V13.25 PERP                                       | CUSIP: 000000000<br>LEI: 635400DTNHVYGZODKQ93 | Long             | DBT              | CORP              | IE        |      275000 | PA      | $364919.91    | 0.24%             | N/A             | Fixed         | 13.25%                | No            |                  2 | On Loan: No      |
| OBX 2024-NQM14 TRUST                                                                     | OBX 2024-NQM14 A1                                      | CUSIP: 67119XAC8<br>LEI: 254900C7ZCEHM7Y5MX79 | Long             | ABS-O            | CORP              | US        |      177446 | PA      | $177460.11    | 0.12%             | 2064-09-25      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| MARCOBRE SAC                                                                             | MARSAC 5.75 01/22/36 144A                              | CUSIP: 56625AAA2<br>LEI: 254900BORIUZFCM1XB72 | Long             | DBT              | CORP              | PE        |      250000 | PA      | $246687.50    | 0.16%             | 2036-01-22      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICA, REPUBLIC OF - NATIONAL TREASURY                                            | SOAF 6.125 12/11/37 144A                               | CUSIP: 836205BH6<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |      200000 | PA      | $190810.20    | 0.13%             | 2037-12-11      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO                         | MBONO 8.5 05/31/29 M                                   | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    22560000 | PA      | $1299011.84   | 0.87%             | 2029-05-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| PAYDEN & RYGEL INVESTMENT GROUP (THE)                                                    | Payden Emerging Markets Corporate Bond Fund            | CUSIP: 704329176<br>LEI: 549300QJNYRKYZS3P282 | Long             | EC               | RF                | US        |      146720 | NS      | $1289672.03   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| DORMITORY AUTHORITY OF THE STATE OF NEW YORK (NY)                                        | NY NYSHGR 5.63 03/15/2039                              | CUSIP: 64990FMT8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |      555000 | PA      | $566903.84    | 0.38%             | 2039-03-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2025-CES6                                                            | RCKT 2025-CES6 A1A                                     | CUSIP: 748949AA2<br>LEI: 2549002LEW4WNQBOMB89 | Long             | ABS-O            | CORP              | US        |      147528 | PA      | $148257.95    | 0.10%             | 2055-06-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| ENERGUATE TRUST 2.0                                                                      | EGUATE 6.35 09/15/35 144A                              | CUSIP: 29277RAB1<br>LEI: 2549000ZL9MU01FZK194 | Long             | DBT              | CORP              | KY        |      200000 | PA      | $200729.91    | 0.13%             | 2035-09-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                                                 | USD/DKK FORWARD                                        | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |           1 | NC      | $546.01       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| EQUINIX EUROPE 2 FINANCING CORP LLC                                                      | EQIX 3.25 05/19/29                                     | CUSIP: 29390XAE4<br>LEI: 254900FSZR46BPMCKI50 | Long             | DBT              | CORP              | US        |      400000 | PA      | $466989.74    | 0.31%             | 2029-05-19      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| COTE D'IVOIRE, REPUBLIC OF                                                               | IVYCST 4.875 01/30/32 REGS                             | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |      450000 | PA      | $508043.33    | 0.34%             | 2032-01-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AURIUM CLO II DAC                                                                        | ACLO 2A A2RR                                           | CUSIP: 000000000<br>LEI: 213800HRTED9UC792482 | Long             | ABS-O            | CORP              | IE        |      650000 | PA      | $757097.56    | 0.51%             | 2034-06-22      | Floating      | 3.28%                 | No            |                  2 | On Loan: No      |
| C&W SENIOR FINANCE LTD                                                                   | CWCFIN 9 01/15/33 144A                                 | CUSIP: 12665MAA0<br>LEI: 213800CG16G1YMJRCG10 | Long             | DBT              | CORP              | KY        |      500000 | PA      | $512842.84    | 0.34%             | 2033-01-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| MINISTERO DELL'ECONOMIA E DELLE FINANZE - DIPARTIMENTO DEL TESORO                        | BTPS 2.5 12/01/32 10Y                                  | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |      300000 | PA      | $333245.42    | 0.22%             | 2032-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM - THE LORD COMMISSIONERS OF HER MAJESTY'S TREASURY DEBT MANAGEMENT OFFICE | UKT 4.25 09/07/39                                      | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |      600000 | PA      | $733999.67    | 0.49%             | 2039-09-07      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ROMANIA, REPUBLIC OF - MINISTRY OF FINANCE                                               | ROMANI 5.75 09/16/30 144A                              | CUSIP: 77586RAY6<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |      300000 | PA      | $303563.39    | 0.20%             | 2030-09-16      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MINISTERO DELL'ECONOMIA E DELLE FINANZE - DIPARTIMENTO DEL TESORO                        | BTPS 0.6 08/01/31 10Y                                  | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |     1960000 | PA      | $2009896.93   | 1.34%             | 2031-08-01      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| UTAH ST HSG CORP                                                                         | UT UTSSFH 6.25 07/01/2056                              | CUSIP: 917437C94<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |      560000 | PA      | $595378.11    | 0.40%             | 2056-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2025-1                                                        | VERUS 2025-1 A1                                        | CUSIP: 92540TAA8<br>LEI: 213800JOKZMXZECMAB50 | Long             | ABS-O            | CORP              | US        |      568544 | PA      | $572653.78    | 0.38%             | 2070-01-25      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                                           | IDR/USD FORWARD                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |           1 | NC      | $57117.50     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SMURFIT KAPPA TREASURY UNLTD CO                                                          | SW 3.489 11/24/31                                      | CUSIP: 000000000<br>LEI: 635400B3DOXSWFOWJT40 | Long             | DBT              | CORP              | IE        |      200000 | PA      | $231848.94    | 0.15%             | 2031-11-24      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                                                | SUN 6.25 07/01/33 144A                                 | CUSIP: 86765KAD1<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |      250000 | PA      | $255640.75    | 0.17%             | 2033-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA (CA), STATE OF                                                                | CA CAS 7.5 04/01/2034                                  | CUSIP: 13063A5E0<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |      615000 | PA      | $705621.90    | 0.47%             | 2034-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                           | MS V3.383 01/23/32 GMTN                                | CUSIP: 000000000<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |      650000 | PA      | $754458.63    | 0.50%             | 2032-01-23      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| EVERGY INC                                                                               | EVRG 2.9 09/15/29                                      | CUSIP: 30034WAB2<br>LEI: 549300PGTHDQY6PSUI61 | Long             | DBT              | CORP              | US        |      435000 | PA      | $412990.17    | 0.28%             | 2029-09-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHOSPHATES SA                                                       | OCPMR 6.1 04/30/30 144A                                | CUSIP: 67091TAH8<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |      250000 | PA      | $255289.09    | 0.17%             | 2030-04-30      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| KIER GROUP PLC                                                                           | KIELN 9 02/15/29                                       | CUSIP: 000000000<br>LEI: 2138002RKCU2OM4Y7O48 | Long             | DBT              | CORP              | GB        |      325000 | PA      | $461808.53    | 0.31%             | 2029-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| TACO BELL FUNDING LLC                                                                    | BELL 2025-1A A2I                                       | CUSIP: 87342RAK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      500000 | PA      | $495412.15    | 0.33%             | 2055-08-25      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| PAYDEN & RYGEL INVESTMENT GROUP (THE)                                                    | Payden Emerging Markets Local Bond Fund                | CUSIP: 70432T867<br>LEI: 549300QJNYRKYZS3P282 | Long             | EC               | RF                | US        |      247925 | NS      | $2390000.00   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPANIA DE MINAS BUENAVENTURA SA                                                        | BUENAV 6.8 02/04/32 144A                               | CUSIP: 204448AB0<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | DBT              | CORP              | PE        |      250000 | PA      | $256920.00    | 0.17%             | 2032-02-04      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| EUREX DEUTSCHLAND                                                                        | Euro(FGBL) Bund Futures                                | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |         -15 | NC      | $43673.09     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| FRANCE, REPUBLIC OF - MINISTERE DE L'ECONOMIE, DES FINANCES ET DE L'INDUSTRIE            | FRTR 1.25 05/25/36 OAT                                 | CUSIP: 000000000<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |     1550000 | PA      | $1443103.54   | 0.96%             | 2036-05-25      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTERNATIONAL NV                                                            | ENELIM 3.875 03/09/29 EMTN                             | CUSIP: 000000000<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |      450000 | PA      | $538103.27    | 0.36%             | 2029-03-09      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CZECH, REPUBLIC - MINISTRY OF FINANCE                                                    | CZGB 1.5 04/24/40 125                                  | CUSIP: 000000000<br>LEI: 3157007EFDLQABN47912 | Long             | DBT              | NUSS              | CZ        |     3600000 | PA      | $112520.20    | 0.08%             | 2040-04-24      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| HEWLETT PACKARD ENTERPRISE COMPANY                                                       | HPE 5.25 04/01/33                                      | CUSIP: 42824CCE7<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |      650000 | PA      | $652272.84    | 0.44%             | 2033-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FINANCIAL SERVICES INC                                                          | PFSI 6.875 05/15/32 144A                               | CUSIP: 70932MAG2<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |      200000 | PA      | $197958.90    | 0.13%             | 2032-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Hut 8 DC LLC                                                                             | HUTRBA 6.192 11/15/42 144A                             | CUSIP: 44813DAA4<br>LEI: 2549001DBTVKADI7M690 | Long             | DBT              | CORP              | CA        |      400000 | PA      | $403563.44    | 0.27%             | 2042-11-15      | Fixed         | 6.19%                 | No            |                  2 | On Loan: No      |
| FLUTTER TREASURY DAC                                                                     | FLTR 6.125 06/04/31 REGs                               | CUSIP: 000000000<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |      375000 | PA      | $503158.34    | 0.34%             | 2031-06-04      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| SAAVI ENERGIA SARL                                                                       | SAAVIE 8.875 02/10/35 144A                             | CUSIP: 78518PAA3<br>LEI: 254900A2V0IO8K56UH35 | Long             | DBT              | CORP              | LU        |      300000 | PA      | $334065.00    | 0.22%             | 2035-02-10      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| FINLAND, REPUBLIC OF - MINISTRY OF FINANCE                                               | RFGB 2.75 07/04/28 16Y                                 | CUSIP: 000000000<br>LEI: 743700M6Y2OQRVSBRD14 | Long             | DBT              | NUSS              | FI        |      170000 | PA      | $200116.66    | 0.13%             | 2028-07-04      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| PARAGUAY, REPUBLIC OF - MINISTRY OF FINANCE                                              | PARGUY 6.65 03/04/55 144A                              | CUSIP: 699149BY5<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |      200000 | PA      | $211550.00    | 0.14%             | 2055-03-04      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                                   | 10-Year T-Note Futures, Jun-2026,ETH                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         -25 | NC      | $67338.25     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| OHI GROUP SA                                                                             | OHIFLY 13 07/22/29 144A                                | CUSIP: 67712MAB5<br>LEI: 529900GW2J8DSYJHEH26 | Long             | DBT              | CORP              | LU        |      285000 | PA      | $290496.15    | 0.19%             | 2029-07-22      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| COLOGIX CANADIAN ISSUER LP                                                               | CLGIX 2022-1CAN A2                                     | CUSIP: 19521DAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |      775000 | PA      | $567407.15    | 0.38%             | 2052-01-25      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS COMPANY LLC                                                            | VST 6 04/15/34 144A                                    | CUSIP: 92840VAS1<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |      420000 | PA      | $433726.02    | 0.29%             | 2034-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHILE, REPUBLIC OF - MINISTRY OF FINANCE                                                 | CHILE 3.8 07/01/35                                     | CUSIP: 000000000<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |      250000 | PA      | $290674.00    | 0.19%             | 2035-07-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| SAGAX EURO MTN NL BV                                                                     | SAGAX 0.75 01/26/28 EMTN                               | CUSIP: 000000000<br>LEI: 549300M3FFATWSV78G84 | Long             | DBT              | CORP              | NL        |      525000 | PA      | $589642.14    | 0.39%             | 2028-01-26      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| CONTEGO CLO X DAC                                                                        | CONTE 10X B1R                                          | CUSIP: 000000000<br>LEI: 635400JWXSB9BYFICZ26 | Long             | ABS-O            | CORP              | IE        |      300000 | PA      | $352994.60    | 0.24%             | 2038-05-15      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| CVR ENERGY INC                                                                           | CVI 7.875 02/15/34 144A                                | CUSIP: 12662PAJ7<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |      400000 | PA      | $401466.40    | 0.27%             | 2034-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | FN CB8021                                              | CUSIP: 3140QT4F3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      539382 | PA      | $567806.19    | 0.38%             | 2054-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SNF GROUP SA                                                                             | SNFF 5.626 03/31/31 144A                               | CUSIP: 784944AA8<br>LEI: 969500F7036FEDYPRV54 | Long             | DBT              | CORP              | FR        |      400000 | PA      | $405613.47    | 0.27%             | 2031-03-31      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM16 TRUST                                                                     | OBX 2024-NQM16 A1                                      | CUSIP: 67120GAA6<br>LEI: 254900AIRPH5Q5COT575 | Long             | ABS-O            | CORP              | US        |      175010 | PA      | $176308.53    | 0.12%             | 2064-10-25      | Variable      | 5.53%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                                                               | GBP/USD FORWARD                                        | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-152675.59   | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| FRANCE, REPUBLIC OF - MINISTERE DE L'ECONOMIE, DES FINANCES ET DE L'INDUSTRIE            | FRTR 2.5 05/25/30 OAT                                  | CUSIP: 000000000<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |     1200000 | PA      | $1382451.72   | 0.92%             | 2030-05-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SYMPHONY CLO XXIII LTD                                                                   | SYMP 2020-23A AR2                                      | CUSIP: 87167NDL6<br>LEI: 54930001DQI1CFLYVB48 | Long             | ABS-CBDO         | CORP              | KY        |      118921 | PA      | $118880.63    | 0.08%             | 2034-01-17      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONAL                          | BNTNF 10 01/01/31 NTNF                                 | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     9000000 | PA      | $1599363.54   | 1.07%             | 2031-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| TELUS CORP                                                                               | TCN 3.4 05/13/32                                       | CUSIP: 87971MBW2<br>LEI: 894500TX134IMF6NW757 | Long             | DBT              | CORP              | CA        |      575000 | PA      | $523926.48    | 0.35%             | 2032-05-13      | Fixed         | 3.40%                 | No            |                  2 | On Loan: —       |
| BANCO DE SABADELL SA                                                                     | SABSM V5.25 02/07/29 EMTN                              | CUSIP: 000000000<br>LEI: SI5RG2M0WQQLZCXKRM20 | Long             | DBT              | CORP              | ES        |      500000 | PA      | $606357.53    | 0.40%             | 2029-02-07      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MALAYSIA, FEDERATION OF                                                                  | MGS 4.696 10/15/42 0222                                | CUSIP: 000000000<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |     1300000 | PA      | $357172.48    | 0.24%             | 2042-10-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| SINGAPORE, GOVERNMENT OF                                                                 | SIGB 2.75 03/01/35                                     | CUSIP: 000000000<br>LEI: 549300ZSV6VOGFH1ER70 | Long             | DBT              | NUSS              | SG        |      350000 | PA      | $290383.44    | 0.19%             | 2035-03-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| REPSOL E&P CAPITAL MARKETS US LLC                                                        | REPSEP 5.204 09/16/30 144A                             | CUSIP: 76026AAB3<br>LEI: 894500D0J12FRZ3Q0M15 | Long             | DBT              | CORP              | US        |      450000 | PA      | $455760.37    | 0.30%             | 2030-09-16      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC (THE)                                                             | WMB 4.8 11/15/29                                       | CUSIP: 969457CL2<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |      430000 | PA      | $434010.34    | 0.29%             | 2029-11-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| BELGIUM, KINGDOM OF - MINISTRY OF FINANCE                                                | BGB 1.6 06/22/47 78                                    | CUSIP: 000000000<br>LEI: 549300SZ25JZFHRHWD76 | Long             | DBT              | NUSS              | BE        |      610000 | PA      | $456204.17    | 0.30%             | 2047-06-22      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                             | USD/EUR FORWARD                                        | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | N/A              | DFE              | CORP              | US        |           1 | NC      | $6310.48      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                          | FR SD0729                                              | CUSIP: 3132DMY25<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      455474 | PA      | $370021.90    | 0.25%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fr Br Holdings, L.L.C.                                                                   | FR BR Holdings (Blue Racer) Term Loan B 425 2030-09-23 | CUSIP: 30260XAD1<br>LEI: 549300FJFG2CK1VX3Y85 | Long             | LON              | CORP              | US        |      291397 | PA      | $292489.70    | 0.20%             | 2030-10-09      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| OAK-EAGLE ACQUIRECO INC                                                                  | EA 6.25 07/01/33 144a                                  | CUSIP: 67124CAC7<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |      400000 | PA      | $483713.08    | 0.32%             | 2033-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| LAST MILE LOGISTICS PAN EURO FINANCE DAC                                                 | LMLOG 1A D                                             | CUSIP: 000000000<br>LEI: 635400NOPX1IKIAX7N90 | Long             | ABS-O            | CORP              | IE        |      213534 | PA      | $250702.75    | 0.17%             | 2033-08-17      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT                                     | T 4.25 08/15/54                                        | CUSIP: 912810UC0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      240000 | PA      | $212339.06    | 0.14%             | 2054-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PORTUGAL, REPUBLIC OF - MINISTRY OF FINANCE                                              | PGB 3 06/15/35 10Y                                     | CUSIP: 000000000<br>LEI: 549300P6U1FJ3IMP7K42 | Long             | DBT              | NUSS              | PT        |      300000 | PA      | $343279.46    | 0.23%             | 2035-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                                       | ALLY V7.1 PERP D                                       | CUSIP: 02005NCB4<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |      350000 | PA      | $349853.98    | 0.23%             | N/A             | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                                       | META 4.875 11/15/35                                    | CUSIP: 30303MAD4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |      400000 | PA      | $389988.36    | 0.26%             | 2035-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | CAS 2024-R02 1M1                                       | CUSIP: 20754GAA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |       65215 | PA      | $65225.34     | 0.04%             | 2044-02-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| AVOCA CLO XII DAC                                                                        | AVOCA 12X ARR                                          | CUSIP: 000000000<br>LEI: 635400JIUOEZ6VHLHG53 | Long             | ABS-O            | CORP              | IE        |      515924 | PA      | $605039.91    | 0.40%             | 2034-04-15      | Floating      | 2.99%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                                             | CHF/USD FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $20555.44     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                                             | USD/JPY FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-55149.49    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| AUSTRALIA, COMMONWEALTH OF                                                               | ACGB 2.75 06/21/35 145                                 | CUSIP: 000000000<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |     2250000 | PA      | $1351212.96   | 0.90%             | 2035-06-21      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| JAPAN, GOVERNMENT OF - MINISTRY OF FINANCE                                               | JGB 0.8 03/20/48 58                                    | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   265000000 | PA      | $998453.58    | 0.67%             | 2048-03-20      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| GRUPPO SAN DONATO SPA                                                                    | GRSADO 6.5 10/31/31 144A                               | CUSIP: 000000000<br>LEI: 8156003649DB0704FC22 | Long             | DBT              | CORP              | IT        |      325000 | PA      | $381840.57    | 0.25%             | 2031-10-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BBVA MEXICO SA TEXAS BRANCH                                                              | BBVASM 5.25 09/10/29 144A                              | CUSIP: 07336UAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      250000 | PA      | $254812.50    | 0.17%             | 2029-09-10      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LAST MILE LOGISTICS PAN EURO FINANCE DAC                                                 | LMLOG 1X E                                             | CUSIP: 000000000<br>LEI: 635400NOPX1IKIAX7N90 | Long             | ABS-O            | CORP              | IE        |      892962 | PA      | $1047828.41   | 0.70%             | 2033-08-17      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PARTNERS LP                                                             | AM 5.75 07/01/34 144A                                  | CUSIP: 03690AAN6<br>LEI: 529900HFO1BDEIT4QU11 | Long             | DBT              | CORP              | US        |      500000 | PA      | $498999.00    | 0.33%             | 2034-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONAL                          | BRAZIL 4.875 04/23/33                                  | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |      240000 | PA      | $279211.34    | 0.19%             | 2033-04-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2018-BILT                                                                       | BX 2024-CNYN A                                         | CUSIP: 05612HAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      427777 | PA      | $429109.02    | 0.29%             | 2041-04-15      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| POLAND, REPUBLIC OF - STATE TREASURY                                                     | POLGB 2.75 10/25/29 1029                               | CUSIP: 000000000<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |     2010000 | PA      | $517567.04    | 0.35%             | 2029-10-25      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ARBYS FUNDING LLC                                                                        | ARBYS 2020-1A A2                                       | CUSIP: 038779AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      245700 | PA      | $240274.13    | 0.16%             | 2050-07-30      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                                             | BRL/USD FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-66998.88    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | FN CB2759                                              | CUSIP: 3140QNB50<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      614310 | PA      | $539650.52    | 0.36%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                                  | HYNMTR 1.8 01/10/28 144A                               | CUSIP: 44891ABT3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |      425000 | PA      | $406070.50    | 0.27%             | 2028-01-10      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| DRYDEN 113 CLO LTD                                                                       | DRSLF 2022-113A AR3                                    | CUSIP: 26253EBK3<br>LEI: 254900XN9Y85HJGYJ219 | Long             | ABS-CBDO         | CORP              | JE        |      600000 | PA      | $599482.80    | 0.40%             | 2037-10-15      | Variable      | 4.99%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec                                                           | American Credit Acceptance Receivables Trust 2026-2    | CUSIP: 02528FAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      400000 | PA      | $399669.20    | 0.27%             | 2032-05-10      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ACREC 2026-FL4 LLC                                                                       | ACREC 2026-FL4 A                                       | CUSIP: 004970AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      350000 | PA      | $350217.25    | 0.23%             | 2043-01-20      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| APIDOS CLO XXXII                                                                         | APID 2019-32A CR                                       | CUSIP: 03768RAW6<br>LEI: 549300CXPXW83QGWOL98 | Long             | ABS-CBDO         | CORP              | KY        |      500000 | PA      | $500793.00    | 0.33%             | 2033-01-21      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| DOVALUE SPA                                                                              | DOBIM 5.375 11/15/31 144A                              | CUSIP: 000000000<br>LEI: 8156007AF7DB5FE05555 | Long             | DBT              | CORP              | IT        |      300000 | PA      | $357857.74    | 0.24%             | 2031-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                                 | G2 MA5265                                              | CUSIP: 36179TZ65<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      575049 | PA      | $565401.37    | 0.38%             | 2048-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                                                         | ABNANV V6.875 PERP                                     | CUSIP: 000000000<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |      300000 | PA      | $380264.36    | 0.25%             | N/A             | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2018-BILT                                                                       | BX 2026-CSMO B                                         | CUSIP: 12433LAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      400000 | PA      | $401445.04    | 0.27%             | 2031-02-15      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO SECURITIES, LLC                                                              | USD/ZAR FORWARD                                        | CUSIP: 000000000<br>LEI: VYVVCKR63DVZZN70PB21 | N/A              | DFE              | CORP              | US        |           1 | NC      | $1522.43      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BERMUDA, GOVERNMENT OF                                                                   | BERMUD 3.375 08/20/50 144A                             | CUSIP: 085209AH7<br>LEI: 549300FP5PUZXX9FVJ40 | Long             | DBT              | NUSS              | BM        |      200000 | PA      | $141660.00    | 0.09%             | 2050-08-20      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM12 TRUST                                                                     | OBX 2024-NQM12 A1                                      | CUSIP: 67448PAA1<br>LEI: 254900MY906NOBBPOA44 | Long             | ABS-O            | CORP              | US        |      290305 | PA      | $291663.43    | 0.19%             | 2064-07-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| EDGE FINCO PLC                                                                           | EDFINC 8.125 08/15/31 144A                             | CUSIP: 000000000<br>LEI: 648835NI8LJE5190NT73 | Long             | DBT              | CORP              | GB        |      250000 | PA      | $350699.95    | 0.23%             | 2031-08-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2024-8                                                        | VERUS 2024-8 A1                                        | CUSIP: 92540PAA6<br>LEI: 213800RZ8QGNZ38DSP77 | Long             | ABS-O            | CORP              | US        |      170198 | PA      | $170836.90    | 0.11%             | 2069-10-25      | Variable      | 5.36%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                                                      | ISPIM V7.778 06/20/54 144A                             | CUSIP: 46115HCB1<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |      650000 | PA      | $754307.07    | 0.50%             | 2054-06-20      | Fixed         | 7.78%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                                       | ET 5.75 02/15/33                                       | CUSIP: 29273VAQ3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |      550000 | PA      | $572903.56    | 0.38%             | 2033-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CROSS 2024-H7 MORTGAGED TRUST                                                            | CROSS 2024-H7 A1                                       | CUSIP: 22757CAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      140685 | PA      | $141462.61    | 0.09%             | 2069-11-25      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| IRELAND, REPUBLIC OF - NATIONAL TREASURY MANAGEMENT AGENCY                               | IRISH 1.1 05/15/29                                     | CUSIP: 000000000<br>LEI: 549300KXBEJAOJ9OVF93 | Long             | DBT              | NUSS              | IE        |      250000 | PA      | $279707.79    | 0.19%             | 2029-05-15      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| CANADA, HER MAJESTY IN RIGHT OF - DEPARTMENT OF FINANCE                                  | CAN 5 06/01/37                                         | CUSIP: 135087XW9<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |     1500000 | PA      | $1241841.20   | 0.83%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GALAXY BIDCO LTD                                                                         | DGGLN 8.125 12/19/29 144A                              | CUSIP: 000000000<br>LEI: 984500645A980C6A3639 | Long             | DBT              | CORP              | JE        |      300000 | PA      | $421916.09    | 0.28%             | 2029-12-19      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                             | USD/MYR FORWARD                                        | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | N/A              | DFE              | CORP              | US        |           1 | NC      | $17140.53     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | FN CB4127                                              | CUSIP: 3140QPSR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      538596 | PA      | $520625.41    | 0.35%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                                       | SANTAN V1.722 09/14/27                                 | CUSIP: 05964HAN5<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |      600000 | PA      | $593683.27    | 0.40%             | 2027-09-14      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERATING LP                                                           | WES 6.15 04/01/33                                      | CUSIP: 958667AE7<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |      300000 | PA      | $314804.61    | 0.21%             | 2033-04-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| PERMANENT TSB GROUP HOLDINGS PLC                                                         | PTSB V6.625 04/25/28                                   | CUSIP: 000000000<br>LEI: 635400DTNHVYGZODKQ93 | Long             | DBT              | CORP              | IE        |      250000 | PA      | $302962.75    | 0.20%             | 2028-04-25      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                         | DUK 3.75 04/01/31                                      | CUSIP: 26441CCD5<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |      450000 | PA      | $530796.36    | 0.35%             | 2031-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TORONTO DOMINION BANK (THE)                                                              | TD V8.125 10/31/82                                     | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |      325000 | PA      | $338264.88    | 0.23%             | 2082-10-31      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| CENTRAL AMERICAN BOTTLING CORP                                                           | CAMEBO 5.25 04/27/29 REGS                              | CUSIP: 000000000<br>LEI: 549300DT8SH0CF6BTT37 | Long             | DBT              | CORP              | VG        |      450000 | PA      | $445142.61    | 0.30%             | 2029-04-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MINISTERO DELL'ECONOMIA E DELLE FINANZE - DIPARTIMENTO DEL TESORO                        | BTPS 3.85 10/01/40 15Y                                 | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |      600000 | PA      | $679900.73    | 0.45%             | 2040-10-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CESAR SPA                                                                                | CESARS 6.5 09/30/31 144A                               | CUSIP: 000000000<br>LEI: 815600136D7200E49057 | Long             | DBT              | CORP              | IT        |      250000 | PA      | $297362.70    | 0.20%             | 2031-09-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM - THE LORD COMMISSIONERS OF HER MAJESTY'S TREASURY DEBT MANAGEMENT OFFICE | UKT 0.375 10/22/30                                     | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |      100000 | PA      | $114158.74    | 0.08%             | 2030-10-22      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| CITIGROUP GLOBAL MARKETS INC.                                                            | SWOP IRS USD                                           | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DIR              | CORP              | US        |     9140000 | NC      | $346499.71    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| FS RIALTO 2021-FL3 ISSUER LTD                                                            | FSRIA 2021-FL3 D                                       | CUSIP: 30323CAJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      250000 | PA      | $250895.90    | 0.17%             | 2036-11-18      | Floating      | 6.28%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | CAS 2016-C07 2B                                        | CUSIP: 30711XEJ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |      197083 | PA      | $205160.17    | 0.14%             | 2029-05-25      | Floating      | 13.26%                | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2021-DNA6                                                  | STACR 2021-DNA6 B1                                     | CUSIP: 35564KLU1<br>LEI: 5493000ISONLNOUKGB71 | Long             | ABS-O            | USGSE             | US        |      800000 | PA      | $808880.96    | 0.54%             | 2041-10-25      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2025-CES5                                                            | RCKT 2025-CES5 A1A                                     | CUSIP: 74942CAA7<br>LEI: 2549008EA2IHW9G2TZ48 | Long             | ABS-O            | CORP              | US        |      259622 | PA      | $261688.19    | 0.17%             | 2055-05-25      | Variable      | 5.69%                 | No            |                  2 | On Loan: No      |
| BELGIUM, KINGDOM OF - MINISTRY OF FINANCE                                                | BGB 1 06/22/31 75                                      | CUSIP: 000000000<br>LEI: 549300SZ25JZFHRHWD76 | Long             | DBT              | NUSS              | BE        |      200000 | PA      | $212374.62    | 0.14%             | 2031-06-22      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| TEXAS DEBT CAPITAL EURO CLO 2024-I DAC                                                   | TCFCE 2024-1A C                                        | CUSIP: 000000000<br>LEI: 6354005CUY8PX5XJT459 | Long             | ABS-O            | CORP              | IE        |      500000 | PA      | $588765.04    | 0.39%             | 2038-07-16      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | FN FS0007                                              | CUSIP: 3140XFAH4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      538408 | PA      | $474790.95    | 0.32%             | 2050-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PLANET FITNESS MASTER ISSUER LLC SERIES 2018-1                                           | PLNT 2019-1A A2                                        | CUSIP: 72703PAC7<br>LEI: 549300NX9W3U2DO53T22 | Long             | ABS-O            | CORP              | US        |      281250 | PA      | $267039.87    | 0.18%             | 2049-12-05      | Fixed         | 3.86%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | FN FS3111                                              | CUSIP: 3140XJN58<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      538126 | PA      | $534906.53    | 0.36%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICA, REPUBLIC OF - NATIONAL TREASURY                                            | SOAF 5.875 06/22/30 12Y                                | CUSIP: 836205AY0<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |      250000 | PA      | $255102.55    | 0.17%             | 2030-06-22      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                                             | USD/PLN FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $6788.70      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | FN CB5113                                              | CUSIP: 3140QQVF9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      628375 | PA      | $635407.70    | 0.42%             | 2052-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LENDING FUND                                                          | BXSL 2.75 09/16/26                                     | CUSIP: 09261XAB8<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |      575000 | PA      | $569463.99    | 0.38%             | 2026-09-16      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM - THE LORD COMMISSIONERS OF HER MAJESTY'S TREASURY DEBT MANAGEMENT OFFICE | UKT 3.75 07/22/52                                      | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |     1500000 | PA      | $1506547.22   | 1.01%             | 2052-07-22      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PHILLIPS EDISON GROCERY CENTER OPERATING PARTNERSHIP I LP                                | PECO 2.625 11/15/31                                    | CUSIP: 71845JAA6<br>LEI: 549300WUPIVS6ZE0ZI51 | Long             | DBT              | CORP              | US        |      600000 | PA      | $534591.70    | 0.36%             | 2031-11-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                                       | ALLY V4.7 PERP B                                       | CUSIP: 02005NBM1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |      400000 | PA      | $399204.24    | 0.27%             | N/A             | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                            | F 4.087 02/17/33 EMTN                                  | CUSIP: 345397J53<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |      350000 | PA      | $399686.48    | 0.27%             | 2033-02-17      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| DENMARK, KINGDOM OF - MINISTRY OF FINANCE                                                | DGB 4.5 11/15/39 31Y                                   | CUSIP: 000000000<br>LEI: 549300PTO6LS1PTM6607 | Long             | DBT              | NUSS              | DK        |      650000 | PA      | $118416.31    | 0.08%             | 2039-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JAPAN, GOVERNMENT OF - MINISTRY OF FINANCE                                               | JGB 2.3 03/20/39 30                                    | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    10000000 | PA      | $60054.93     | 0.04%             | 2039-03-20      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| MOSS CREEK RESOURCES HOLDINGS INC                                                        | MSSCRK 8.25 09/01/31 144A                              | CUSIP: 61965RAC9<br>LEI: 54930037SLMSPWKYIX36 | Long             | DBT              | CORP              | US        |      210000 | PA      | $212714.67    | 0.14%             | 2031-09-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| VB-S1 ISSUER LLC                                                                         | VBTEL 2024-1A F                                        | CUSIP: 91823ABG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      250000 | PA      | $256335.95    | 0.17%             | 2054-05-15      | Fixed         | 8.87%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                                                               | EUR/USD FORWARD                                        | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |           1 | NC      | $9445.63      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| SERBIA, REPUBLIC OF - MINISTRY OF FINANCE                                                | SERBIA 4.875 05/06/38 144A                             | CUSIP: 000000000<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |      320000 | PA      | $366667.04    | 0.24%             | 2038-05-06      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NEDERLAND, DUTCH STATE TREASURY AGENCY                                                   | NETHER 4 01/15/37                                      | CUSIP: 000000000<br>LEI: 254900G14ALGVKORFN62 | Long             | DBT              | NUSS              | NL        |      530000 | PA      | $667809.05    | 0.45%             | 2037-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2024-R04                                             | CAS 2024-R04 1A1                                       | CUSIP: 20753GAA9<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |      241639 | PA      | $241962.76    | 0.16%             | 2044-05-25      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                                                                           | VARNO 7.5 01/15/28 144A                                | CUSIP: 92212WAD2<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |      350000 | PA      | $365072.51    | 0.24%             | 2028-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SV RNO PROPERTY OWNER 1 LLC                                                              | TRACTC 5.875 03/01/31 144A                             | CUSIP: 78488XAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      300000 | PA      | $294539.61    | 0.20%             | 2031-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                          | FR ZT0534                                              | CUSIP: 3132ACSX9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      647442 | PA      | $603485.10    | 0.40%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELECTRICIDAD                                                         | CFELEC 6.045 01/28/34 144A                             | CUSIP: 200447AQ3<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |      300000 | PA      | $296589.00    | 0.20%             | 2034-01-28      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC                                                                  | KGS 6.5 10/01/33 144A                                  | CUSIP: 50012LAD6<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |      250000 | PA      | $255859.25    | 0.17%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CROSS 2024-H8 MORTGAGED TRUST                                                            | CROSS 2024-H8 A1                                       | CUSIP: 22757GAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      186322 | PA      | $187441.31    | 0.13%             | 2069-12-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| P3 GROUP SARL                                                                            | PTHREE 4 04/19/32 EMTN                                 | CUSIP: 000000000<br>LEI: 529900GR62MT0O5VW110 | Long             | DBT              | CORP              | LU        |      375000 | PA      | $439654.95    | 0.29%             | 2032-04-19      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                                                               | USD/CHF FORWARD                                        | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |           1 | NC      | $7707.99      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JAB HOLDINGS BV                                                                          | JABHOL 5 06/12/33                                      | CUSIP: 000000000<br>LEI: 529900RRNKUM3INJGF98 | Long             | DBT              | CORP              | NL        |      500000 | PA      | $623907.58    | 0.42%             | 2033-06-12      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE EUROPEAN LOAN FUNDING 2024-1 DAC                                           | PSTET 2024-1A BR                                       | CUSIP: 000000000<br>LEI: 254900S9D49Z2X16W073 | Long             | ABS-O            | CORP              | IE        |      300000 | PA      | $352823.13    | 0.24%             | 2033-08-15      | Floating      | 3.68%                 | No            |                  2 | On Loan: No      |
| ARBOR REALTY COMMERCIAL REAL ESTATE NOTES 2016-FL1 LTD                                   | ARCREN 2026-FL1 A                                      | CUSIP: 03881XAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      600000 | PA      | $601319.34    | 0.40%             | 2043-09-22      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| BRANDYWINE OPERATING PARTNERSHIP LP                                                      | BDN 6.125 01/15/31                                     | CUSIP: 105340AT0<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              | CORP              | US        |      350000 | PA      | $326072.46    | 0.22%             | 2031-01-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| TULLY PARK CLO DAC                                                                       | TULPK 1A D                                             | CUSIP: 000000000<br>LEI: 635400EYFN5PB65FTE51 | Long             | ABS-O            | CORP              | IE        |      300000 | PA      | $354457.42    | 0.24%             | 2038-07-15      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                                                                       | CVECN 4.65 03/20/31                                    | CUSIP: 15135UBA6<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |      600000 | PA      | $597158.44    | 0.40%             | 2031-03-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                                 | G2 MA6930                                              | CUSIP: 36179VVX5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      883775 | PA      | $729331.09    | 0.49%             | 2050-10-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WINDFALL MINING GROUP INC                                                                | GFISJ 5.854 05/13/32 144A                              | CUSIP: 973244AA4<br>LEI: 984500E4L49391BFF948 | Long             | DBT              | CORP              | CA        |      200000 | PA      | $207406.91    | 0.14%             | 2032-05-13      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| BOPARAN FINANCE PLC                                                                      | BOPRLN 9.375 11/07/29 144A                             | CUSIP: 000000000<br>LEI: 213800GQSQIOBR3DHN70 | Long             | DBT              | CORP              | GB        |      270000 | PA      | $388462.94    | 0.26%             | 2029-11-07      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                            | C V4.296 07/23/36                                      | CUSIP: 000000000<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |      375000 | PA      | $438507.00    | 0.29%             | 2036-07-23      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                                   | Ultra U.S. Treasury Bond Futures, Jun-2026,ETH         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |          18 | NC      | $-96953.04    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                                 | G2 MA3663                                              | CUSIP: 36179SB89<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      326708 | PA      | $301664.55    | 0.20%             | 2046-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HEATHROW FUNDING LTD                                                                     | HTHROW 1.125 10/08/30 EMTN                             | CUSIP: 000000000<br>LEI: 7TI96JO3DYEIQWZ7Z726 | Long             | ABS-O            | CORP              | JE        |      450000 | PA      | $475556.65    | 0.32%             | 2030-10-08      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE MUTUAL INSURANCE COMPANY                                                      | NATMUT 9.375 08/15/39 144A                             | CUSIP: 638671AK3<br>LEI: Z7LVXXWM8HZPKF5T2355 | Long             | DBT              | CORP              | US        |      470000 | PA      | $607835.70    | 0.41%             | 2039-08-15      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM1 TRUST                                                                      | OBX 2025-NQM1 A1                                       | CUSIP: 673914AC1<br>LEI: 2549007E8KF1RJ2ZV866 | Long             | ABS-O            | CORP              | US        |      367752 | PA      | $369985.97    | 0.25%             | 2064-12-25      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | FN FS6939                                              | CUSIP: 3140XNV92<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      554714 | PA      | $521266.79    | 0.35%             | 2048-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GRUPO NUTRESA SA                                                                         | NUTRES V7.875 PERP 144A                                | CUSIP: 40052JAA9<br>LEI: 254900KKAX7B7RJUE255 | Long             | DBT              | CORP              | CO        |      300000 | PA      | $300000.00    | 0.20%             | N/A             | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| JAPAN, GOVERNMENT OF - MINISTRY OF FINANCE                                               | JGB 2.3 12/20/54 85                                    | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   145000000 | PA      | $693856.79    | 0.46%             | 2054-12-20      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| AUSTRIA, REPUBLIC OF - AUSTRIAN FEDERAL FINANCING AGENCY                                 | RAGB 3.15 06/20/44                                     | CUSIP: 000000000<br>LEI: 529900QWWUI4XRVR7I03 | Long             | DBT              | NUSS              | AT        |      390000 | PA      | $425703.91    | 0.28%             | 2044-06-20      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| JUNIPER VALLEY PARK CLO LTD                                                              | JNPPK 2023-1A CRR                                      | CUSIP: 48206KBC9<br>LEI: 213800ACSV8GAJ4CCO70 | Long             | ABS-CBDO         | CORP              | JE        |      350000 | PA      | $349310.85    | 0.23%             | 2036-07-21      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM13 TRUST                                                                     | OBX 2024-NQM13 A1                                      | CUSIP: 67119PAP6<br>LEI: 254900W2SY2Z6X7UAX78 | Long             | ABS-O            | CORP              | US        |      289012 | PA      | $289527.93    | 0.19%             | 2064-06-25      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                                             | PEN/USD FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $90221.44     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| BRAVO RESIDENTIAL FUNDING TRUST 2024-NQM7                                                | BRAVO 2024-NQM7 A1                                     | CUSIP: 105698AC8<br>LEI: 254900T3YTF92WA96N66 | Long             | ABS-O            | CORP              | US        |      216415 | PA      | $217537.10    | 0.15%             | 2064-10-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| PAYDEN & RYGEL INVESTMENT GROUP (THE)                                                    | Payden Floating Rate Fund                              | CUSIP: 704329218<br>LEI: 549300QJNYRKYZS3P282 | Long             | EC               | RF                | US        |      146702 | NS      | $1401006.27   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| AZULE ENERGY FINANCE PLC                                                                 | AZURGY 8.125 01/23/30 144A                             | CUSIP: 05501YAA6<br>LEI: 2138006X6O82RJSQDB63 | Long             | DBT              | CORP              | GB        |      200000 | PA      | $206468.60    | 0.14%             | 2030-01-23      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO                         | MBONO 7.75 11/23/34 M                                  | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    33500000 | PA      | $1757999.17   | 1.17%             | 2034-11-23      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM18 TRUST                                                                     | OBX 2024-NQM18 A1                                      | CUSIP: 673913AA7<br>LEI: 254900NK9PNLY9I00149 | Long             | ABS-O            | CORP              | US        |      153517 | PA      | $154204.48    | 0.10%             | 2064-10-25      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | CAS 2024-R03 2M1                                       | CUSIP: 207941AA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |      102081 | PA      | $102098.59    | 0.07%             | 2044-03-25      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                                                                             | CABKSM V3.625 PERP                                     | CUSIP: 000000000<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |      200000 | PA      | $228128.22    | 0.15%             | N/A             | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                                 | G2 MA7472                                              | CUSIP: 36179WJR0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      795939 | PA      | $682607.95    | 0.46%             | 2051-07-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC                                                               | AER 3.3 01/30/32                                       | CUSIP: 00774MAX3<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |      400000 | PA      | $365708.72    | 0.24%             | 2032-01-30      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| SWEDEN, KINGDOM OF - RIKSGAELDSKONTORET                                                  | SGB 1 11/12/26 1059                                    | CUSIP: 000000000<br>LEI: ERE94C0BSULG2RM19605 | Long             | DBT              | NUSS              | SE        |     2900000 | PA      | $312309.06    | 0.21%             | 2026-11-12      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                                             | CZK/USD FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $1546.82      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                                   | Ultra 10-Year U.S. Treasury Note Futures, Jun-2026,ETH | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         -42 | NC      | $67356.30     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ASURION LLC / ASURION CO-ISSUER INC                                                      | ASUCOR 8 12/31/32 144A                                 | CUSIP: 045941AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      175000 | PA      | $182909.83    | 0.12%             | 2032-12-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                                 | G2 MA4195                                              | CUSIP: 36179SUU9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      367475 | PA      | $332566.23    | 0.22%             | 2047-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CVC CORDATUS LOAN FUND XV DAC                                                            | CORDA 15A DRR                                          | CUSIP: 000000000<br>LEI: 549300HHKDR21JP15S93 | Long             | ABS-O            | CORP              | IE        |      450000 | PA      | $530783.21    | 0.35%             | 2039-02-26      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| MAPLE PARENT HOLDINGS CORP                                                               | KDP 4.224 03/26/32 144A                                | CUSIP: 56530KAG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      350000 | PA      | $410451.13    | 0.27%             | 2032-03-26      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| COLT 2025-1 MORTGAGE LOAN TRUST                                                          | COLT 2025-1 A1                                         | CUSIP: 196920AC6<br>LEI: 21380069FFOP8RZNF423 | Long             | ABS-O            | CORP              | US        |      485801 | PA      | $489446.31    | 0.33%             | 2070-01-27      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| COLORADO HOUSING & FINANCE AUTHORITY (CO)                                                | CO COSHSG 6.25 05/01/2056                              | CUSIP: 19648G6Y3<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |      585000 | PA      | $616205.68    | 0.41%             | 2056-05-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS SA DE CV                                                             | PEMEX 6.7 02/16/32                                     | CUSIP: 71643VAB1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |      450000 | PA      | $451748.25    | 0.30%             | 2032-02-16      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| OPAL BIDCO SAS                                                                           | OPALBD 5.5 03/31/32 144A                               | CUSIP: 000000000<br>LEI: 969500R96XT7XY2UJ564 | Long             | DBT              | CORP              | FR        |      300000 | PA      | $357303.17    | 0.24%             | 2032-03-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | FN CB7991                                              | CUSIP: 3140QT2Z1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      363861 | PA      | $366835.15    | 0.24%             | 2054-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                                     | BAC V1.381 05/09/30 EMTN                               | CUSIP: 000000000<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |      750000 | PA      | $832076.75    | 0.56%             | 2030-05-09      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                                                 | USD/CAD FORWARD                                        | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-21329.39    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| PALMER SQUARE EUROPEAN LOAN FUNDING 2026-1 DAC                                           | PSTET 2026-1A D                                        | CUSIP: 000000000<br>LEI: 254900LLKAX2O4J8C439 | Long             | ABS-O            | CORP              | IE        |      250000 | PA      | $294879.56    | 0.20%             | 2035-10-15      | Floating      | 0.01%                 | No            |                  2 | On Loan: No      |
| ROMANIA, REPUBLIC OF - MINISTRY OF FINANCE                                               | ROMANI 5.75 07/04/36 144A                              | CUSIP: 775921AA7<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |      200000 | PA      | $188661.05    | 0.13%             | 2036-07-04      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SWITZERLAND, CONFEDERATION OF - MINISTRY OF FINANCE                                      | SWISS 0.5 05/27/30                                     | CUSIP: 000000000<br>LEI: 5067006OA1BJ88912Q83 | Long             | DBT              | NUSS              | CH        |     1050000 | PA      | $1360534.92   | 0.91%             | 2030-05-27      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                             | UBS V7.125 PERP 144a                                   | CUSIP: 225401BJ6<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |      425000 | PA      | $435176.20    | 0.29%             | N/A             | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| BOOTS GROUP FINCO LP                                                                     | BOOTFN 5.375 08/31/32 144a                             | CUSIP: 000000000<br>LEI: 254900YVLYOVF1PF1N93 | Long             | DBT              | CORP              | US        |      450000 | PA      | $537764.25    | 0.36%             | 2032-08-31      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                              | ORCL 4.2 09/27/29 *                                    | CUSIP: 68389XCS2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |      600000 | PA      | $583379.87    | 0.39%             | 2029-09-27      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                                                            | CRWV 9 02/01/31 144A                                   | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |      450000 | PA      | $447709.30    | 0.30%             | 2031-02-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CIFC EUROPEAN FUNDING CLO III DAC                                                        | CIFCE 3A AR                                            | CUSIP: 000000000<br>LEI: 5493000EF0244RPYUG32 | Long             | ABS-O            | CORP              | IE        |      650000 | PA      | $762761.88    | 0.51%             | 2039-01-15      | Floating      | 3.23%                 | No            |                  2 | On Loan: No      |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT                                     | T 2.25 08/15/46                                        | CUSIP: 912810RT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     1610000 | PA      | $1039770.70   | 0.69%             | 2046-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                                                                             | CABKSM V5 07/19/29 EMTN                                | CUSIP: 000000000<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |      500000 | PA      | $608362.89    | 0.41%             | 2029-07-19      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                                             | USD/IDR FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-37913.15    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | FN FM7194                                              | CUSIP: 3140XA7G1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     1148325 | PA      | $984837.82    | 0.66%             | 2051-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PANAMA, REPUBLIC OF - MINISTRY OF PLANNING AND ECONOMIC POLICY                           | PANAMA 5.227 02/23/34                                  | CUSIP: 698299CB8<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |      200000 | PA      | $199090.00    | 0.13%             | 2034-02-23      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                            | C V6.625 PERP                                          | CUSIP: 172967QJ3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |      500000 | PA      | $506423.43    | 0.34%             | N/A             | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2025-CES8                                                            | RCKT 2025-CES8 A1A                                     | CUSIP: 74939WAA8<br>LEI: 254900FCN7EI8DTYGA19 | Long             | ABS-O            | CORP              | US        |      411935 | PA      | $412141.85    | 0.28%             | 2055-08-25      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| PAYDEN & RYGEL INVESTMENT GROUP (THE)                                                    | Payden Cash Reserves Money Market Fund                 | CUSIP: 704329598<br>LEI: 549300QJNYRKYZS3P282 | Long             | STIV             | RF                | US        |     2597908 | NS      | $2597908.14   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| RISERVA CLO LTD                                                                          | RSRVA 2016-3A AR3                                      | CUSIP: 76761RBG3<br>LEI: 549300640C8OB2I8SN35 | Long             | ABS-O            | CORP              | KY        |      686459 | PA      | $686657.73    | 0.46%             | 2034-01-18      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| PERU, REPUBLIC OF - DIRECCION GENERAL DE CREDITO PUBLICO                                 | PERUGB 5.35 08/12/40                                   | CUSIP: 000000000<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     7100000 | PA      | $1727067.92   | 1.15%             | 2040-08-12      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| LAST MILE SECURITIES-PE 2021 DAC                                                         | LMILE 2021-1A D                                        | CUSIP: 000000000<br>LEI: 635400UJZKP57EXKMQ33 | Long             | ABS-O            | CORP              | IE        |      239951 | PA      | $281748.13    | 0.19%             | 2031-08-17      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | FN BP6626                                              | CUSIP: 3140KELG1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      529205 | PA      | $428239.07    | 0.29%             | 2050-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SINGAPORE, GOVERNMENT OF                                                                 | SIGB 3.5 03/01/27                                      | CUSIP: 000000000<br>LEI: 549300ZSV6VOGFH1ER70 | Long             | DBT              | NUSS              | SG        |      280000 | PA      | $223679.83    | 0.15%             | 2027-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| EUREX DEUTSCHLAND                                                                        | EURO(FGBX) Buxl Futures                                | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |           8 | NC      | $-14217.64    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| HUNGARY, REPUBLIC OF - MINISTRY OF FINANCE                                               | REPHUN 5.375 09/26/30 144A                             | CUSIP: 445545AV8<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |      600000 | PA      | $614783.30    | 0.41%             | 2030-09-26      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| INDONESIA, REPUBLIC OF - MINISTRY OF FINANCE                                             | INDOGB 8.25 05/15/36 FR72                              | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        | 10000000000 | PA      | $634575.39    | 0.42%             | 2036-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | FN CB5106                                              | CUSIP: 3140QQU86<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      420172 | PA      | $418271.09    | 0.28%             | 2052-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPAIN, KINGDOM OF - MINISTERIO DE ECONOMIA Y HACIENDA                                    | SPGB 2.9 10/31/46                                      | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |     1160000 | PA      | $1153352.43   | 0.77%             | 2046-10-31      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| PROLOGIS EURO FINANCE LLC                                                                | PLD 4 05/05/34                                         | CUSIP: 74341EAS1<br>LEI: 549300MI5D1784PRQH06 | Long             | DBT              | CORP              | US        |      550000 | PA      | $649723.54    | 0.43%             | 2034-05-05      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                        | NWG V7.5 PERP                                          | CUSIP: 000000000<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |      200000 | PA      | $277790.99    | 0.19%             | N/A             | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SOUTH BOW USA INFRASTRUCTURE HOLDINGS LLC                                                | SOBOCN 5.584 10/01/34                                  | CUSIP: 83007CAF9<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |      400000 | PA      | $398799.65    | 0.27%             | 2034-10-01      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| HPS CORPORATE LENDING FUND                                                               | HLEND 4.9 09/11/28                                     | CUSIP: 40440VBB0<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |      500000 | PA      | $489535.68    | 0.33%             | 2028-09-11      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| THAILAND, KINGDOM OF - MINISTRY OF FINANCE                                               | THAIGB 1.585 12/17/35                                  | CUSIP: 000000000<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |    16300000 | PA      | $473525.51    | 0.32%             | 2035-12-17      | Fixed         | 1.58%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | CAS 2016-C04 1B                                        | CUSIP: 30711XDB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |      490601 | PA      | $500278.89    | 0.33%             | 2029-01-25      | Floating      | 10.74%                | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                                                               | SGD/USD FORWARD                                        | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |           1 | NC      | $5409.06      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GUATEMALA, REPUBLIC OF - MINISTRY OF PUBLIC FINANCE                                      | GUATEM 6.55 02/06/37 144A                              | CUSIP: 401494AZ2<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |      300000 | PA      | $321300.00    | 0.21%             | 2037-02-06      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| SPAIN, KINGDOM OF - MINISTERIO DE ECONOMIA Y HACIENDA                                    | SPGB 1.25 10/31/30                                     | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |       50000 | PA      | $54660.40     | 0.04%             | 2030-10-31      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                             | USD/THB FORWARD                                        | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | N/A              | DFE              | CORP              | US        |           1 | NC      | $30710.60     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| EUREX DEUTSCHLAND                                                                        | Euro(FGBM) Bobl Futures                                | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |           5 | NC      | $-9342.14     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE                                                                       | Long Gilt Future - ICEU, Jun26                         | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DIR              | CORP              | GB        |           6 | NC      | $-7687.15     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                                             | USD/EUR FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-633668.09   | -0.42%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                                             | EUR/USD FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-21861.13    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                                                 | USD/AUD FORWARD                                        | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-6816.71     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                                                               | USD/NOK FORWARD                                        | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-21368.18    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                                             | EUR/USD FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-3552.05     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                                             | JPY/USD FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-121785.71   | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP GLOBAL MARKETS INC.                                                            | SWOP IRS USD                                           | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DIR              | CORP              | US        |     9140000 | NC      | $114563.02    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                                                 | CHF/USD FORWARD                                        | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |           1 | NC      | $3046.62      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                                   | 5-Year T-Note Futures, Jun-2026,ETH                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         184 | NC      | $-267305.08   | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                                   | U.S. Treasury Bond Futures, Jun-2026,ETH               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |          26 | NC      | $-118031.42   | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| EUREX DEUTSCHLAND                                                                        | Euro(FGBS) Schatz Futures                              | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |         169 | NC      | $-151946.15   | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                                | IRS USD                                                | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |           1 | NC      | $-74802.35    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                                | IRS CNY                                                | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |           1 | NC      | $2933.62      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| WELLS FARGO SECURITIES, LLC                                                              | USD/ZAR FORWARD                                        | CUSIP: 000000000<br>LEI: VYVVCKR63DVZZN70PB21 | N/A              | DFE              | CORP              | US        |           1 | NC      | $16874.27     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                                | IRS CNY                                                | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |           1 | NC      | $35861.67     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                                | IRS CNY                                                | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |           1 | NC      | $24206.99     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                                         | IRS MXN                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |           1 | NC      | $88944.92     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                                | IRS CNY                                                | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |           1 | NC      | $117855.41    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                                | IRS CNY                                                | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |           1 | NC      | $140460.43    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                                | IRS KRW                                                | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |           1 | NC      | $-154057.79   | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                                | IRS CNY                                                | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |           1 | NC      | $2593.88      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                                | IRS CNY                                                | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |           1 | NC      | $25111.82     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                                | IRS CNY                                                | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |           1 | NC      | $-7819.85     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                                | IRS CNY                                                | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |           1 | NC      | $3315.77      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                                                               | BRL/USD FORWARD                                        | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-239786.25   | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                                | IRS CNY                                                | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |           1 | NC      | $12473.82     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                                | IRS KRW                                                | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |           1 | NC      | $-94359.01    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                                | IRS CNY                                                | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |           1 | NC      | $15641.01     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                                | IRS KRW                                                | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |           1 | NC      | $-43986.68    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| UK CLEARING HOUSE LIMITED                                                                | IRS CNY                                                | CUSIP: 000000000<br>LEI: 213800O8SCO4XJGBU385 | N/A              | DIR              | CORP              | GB        |           1 | NC      | $942.18       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD                                                                       | ATH V6.625 10/15/54                                    | CUSIP: 04686JAJ0<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |      400000 | PA      | $388685.12    | 0.26%             | 2054-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CANADA, HER MAJESTY IN RIGHT OF - DEPARTMENT OF FINANCE                                  | CAN 3.5 12/01/45                                       | CUSIP: 135087ZS6<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |     1680000 | PA      | $1182486.99   | 0.79%             | 2045-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | FN CB3258                                              | CUSIP: 3140QNTQ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      403557 | PA      | $369357.17    | 0.25%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING CO LP                                                               | PENSKE 5.25 07/01/29 144A                              | CUSIP: 709599CA0<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |      430000 | PA      | $436546.53    | 0.29%             | 2029-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG                                                                         | DB V5 09/05/30                                         | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |      500000 | PA      | $611728.53    | 0.41%             | 2030-09-05      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                                                               | SEK/USD FORWARD                                        | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |           1 | NC      | $-7623.30     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | FN FM3162                                              | CUSIP: 3140X6QQ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      721913 | PA      | $659551.02    | 0.44%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HUNGARY, REPUBLIC OF - MINISTRY OF FINANCE                                               | HGB 7 10/24/35 35/A                                    | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |   306000000 | PA      | $1059358.86   | 0.71%             | 2035-10-24      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                          | FR SD5641                                              | CUSIP: 3132DTHS2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      566818 | PA      | $575793.63    | 0.38%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CF 2019-CF1                                                                              | CF 2019-CF1 XA                                         | CUSIP: 12529MAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2191429 | PA      | $48957.18     | 0.03%             | 2052-05-17      | Variable      | 1.27%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | FN FM9195                                              | CUSIP: 3140XDGD2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      895150 | PA      | $765937.87    | 0.51%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SHARJAH, EMIRATES OF - MINISTRY OF FINANCE                                               | SHJGOV 4.625 01/17/31 144A                             | CUSIP: 000000000<br>LEI: 254900ZNL8O3F1CLJO24 | Long             | DBT              | NUSS              | AE        |      300000 | PA      | $343331.36    | 0.23%             | 2031-01-17      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BOEING COMPANY (THE)                                                                     | BA 6.528 05/01/34                                      | CUSIP: 097023DS1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |      600000 | PA      | $656372.85    | 0.44%             | 2034-05-01      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                          | FR RA7790                                              | CUSIP: 3133KPUP1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      370953 | PA      | $368608.07    | 0.25%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2024-9                                                        | VERUS 2024-9 A1                                        | CUSIP: 92540RAC8<br>LEI: 213800LFRCPWSTP6LX39 | Long             | ABS-O            | CORP              | US        |      259415 | PA      | $260672.11    | 0.17%             | 2069-11-25      | Variable      | 5.44%                 | No            |                  2 | On Loan: No      |
| HENLEY CLO VII DAC                                                                       | HNLY 7A ARR                                            | CUSIP: 000000000<br>LEI: 635400SRJSVJPTMR4D89 | Long             | ABS-O            | CORP              | IE        |      400000 | PA      | $469434.65    | 0.31%             | 2039-04-25      | Floating      | 3.23%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                                             | USD/MXN FORWARD                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |           1 | NC      | $33333.52     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| OBX 2024-NQM17 TRUST                                                                     | OBX 2024-NQM17 A1                                      | CUSIP: 673911AC7<br>LEI: 254900HMH8TR6ZSMCB34 | Long             | ABS-O            | CORP              | US        |      162183 | PA      | $163591.98    | 0.11%             | 2064-11-25      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| JAPAN, GOVERNMENT OF - MINISTRY OF FINANCE                                               | JGB 1.4 12/20/45 49                                    | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   213200000 | PA      | $977311.36    | 0.65%             | 2045-12-20      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| MKS INC                                                                                  | MKSI 4.25 02/15/34 144A                                | CUSIP: 000000000<br>LEI: 549300KEQATBHAGVF505 | Long             | DBT              | CORP              | US        |      450000 | PA      | $511201.55    | 0.34%             | 2034-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| JAPAN, GOVERNMENT OF - MINISTRY OF FINANCE                                               | JGB 2.2 09/20/39 31                                    | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   180000000 | PA      | $1059453.87   | 0.71%             | 2039-09-20      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| COTE D'IVOIRE, REPUBLIC OF                                                               | IVYCST 6.75 02/25/41 144A                              | CUSIP: 221625AX4<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |      200000 | PA      | $184626.62    | 0.12%             | 2041-02-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                    | FNA 2018-M13 A2                                        | CUSIP: 3136B3DE7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |      317391 | PA      | $311430.15    | 0.21%             | 2030-09-25      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP (THE)                                                                | SCHW V6.1 PERP L                                       | CUSIP: 808513CM5<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |      500000 | PA      | $500381.71    | 0.33%             | N/A             | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| JAPAN, GOVERNMENT OF - MINISTRY OF FINANCE                                               | JGB 0.9 09/20/34 376                                   | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   525000000 | PA      | $2990291.75   | 2.00%             | 2034-09-20      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| ARMADA EURO CLO I DAC                                                                    | ARMDA 1X AR                                            | CUSIP: 000000000<br>LEI: 635400WUTRTUUSBX3K89 | Long             | ABS-O            | CORP              | IE        |      378085 | PA      | $443855.08    | 0.30%             | 2033-10-24      | Floating      | 2.98%                 | No            |                  2 | On Loan: No      |
| WAGA BONDCO LTD                                                                          | WAGABD 8.5 06/15/30 144A                               | CUSIP: 000000000<br>LEI: 254900PFB2C9WELUW795 | Long             | DBT              | CORP              | JE        |      200000 | PA      | $235283.84    | 0.16%             | 2030-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                                                               | SEK/USD FORWARD                                        | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |           1 | NC      | $15840.31     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BRIDGEPOINT CLO 3 DAC                                                                    | BRGPT 3X A                                             | CUSIP: 000000000<br>LEI: 635400VOTGDBPOTECF34 | Long             | ABS-O            | CORP              | IE        |      450000 | PA      | $527849.38    | 0.35%             | 2036-01-15      | Floating      | 3.14%                 | No            |                  2 | On Loan: No      |
| ARIS MINING CORP                                                                         | ARISCN 8 10/31/29 144A                                 | CUSIP: 04040YAB5<br>LEI: 5493001GJ5TILX6L1F82 | Long             | DBT              | CORP              | CA        |      350000 | PA      | $362446.25    | 0.24%             | 2029-10-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE EUROPEAN LOAN FUNDING 2024-3 DAC                                           | PSTET 2024-3X B                                        | CUSIP: 000000000<br>LEI: 254900IYUKLJNYNCCC63 | Long             | ABS-O            | CORP              | IE        |      400000 | PA      | $470422.39    | 0.31%             | 2034-05-15      | Floating      | 3.83%                 | No            |                  2 | On Loan: No      |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT                                     | T 4.25 05/15/35                                        | CUSIP: 91282CNC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     4060000 | PA      | $4030025.79   | 2.69%             | 2035-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DHAFRAH PV2 ENERGY COMPANY LLC                                                           | DHAENE 5.794 06/30/53 144A                             | CUSIP: 25241MAA5<br>LEI: 529900AHXZA1YRZN9C67 | Long             | DBT              | CORP              | AE        |      300000 | PA      | $296744.05    | 0.20%             | 2053-06-30      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| STORE MASTER FUNDING I LLC                                                               | STR 2024-1A A2                                         | CUSIP: 86212XAM2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      495000 | PA      | $502158.79    | 0.34%             | 2054-05-20      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM15 TRUST                                                                     | OBX 2024-NQM15 A1                                      | CUSIP: 67449DAA7<br>LEI: 254900YXEB756F6RCA13 | Long             | ABS-O            | CORP              | US        |      186324 | PA      | $186857.35    | 0.12%             | 2064-10-25      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| MINISTERO DELL'ECONOMIA E DELLE FINANZE - DIPARTIMENTO DEL TESORO                        | BTPS 4.3 10/01/54 30Y                                  | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |      250000 | PA      | $281998.61    | 0.19%             | 2054-10-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONAL                          | BLTN 0 07/01/26 LTN                                    | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    13000000 | PA      | $2568684.80   | 1.71%             | 2026-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ROMANIA, REPUBLIC OF - MINISTRY OF FINANCE                                               | ROMANI 6.625 09/27/29 144A                             | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |      150000 | PA      | $189380.72    | 0.13%             | 2029-09-27      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-22

**Name of Applicant:** PAYDEN & RYGEL INVESTMENT GROUP

**Signature:** Sandi Brents

**Name of Signer:** Sandi Brents

**Title:** Compliance Officer