# EDGAR Filing Document

**Accession Number:** 0000877880
**File Stem:** 0000940400-26-007090
**Filing Date:** 2026-2
**Character Count:** 85646
**Document Hash:** 9f11d3ab31a4132c96cca35d520ac919
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-007090.hdr.sgml**: 20260223

**ACCESSION NUMBER**: 0000940400-26-007090

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260223

**DATE AS OF CHANGE**: 20260223

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SIT MUTUAL FUNDS INC
- **CENTRAL INDEX KEY:** 0000877880

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MN
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06373
- **FILM NUMBER:** 26664180

**BUSINESS ADDRESS:**
- **STREET 1:** 3300 IDS CTR, 80 SOUTH 8TH ST
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402-4130
- **BUSINESS PHONE:** 612-332-3223

**MAIL ADDRESS:**
- **STREET 1:** 3300 IDS CTR, 80 SOUTH 8TH ST
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402-4130

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SIT NEW BEGINNING MUTUAL FUNDS INC
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### Sit Balanced Fund (Series ID: S000003462)

| Class ID   | Class Name        | Ticker Symbol   |
|:---|:---|:---|
| C000009596 | Sit Balanced Fund | SIBAX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** SIT MUTUAL FUNDS INC

- **b. Investment Company Act file number:** 811-06373

- **c. CIK number of Registrant:** 0000877880

- **d. LEI of Registrant:** 254900G3NOOZ0B3T2Q46

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

  - **Street Address 1:** 80 S. Eighth Street

  - **City:** Minneapolis

  - **State:** MN

  - **Foreign country:** US

  - **Zip / Postal Code:** 55402

  - **Telephone number:** 612-332-3223

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

- **a. Name of Series:** Sit Balanced Fund

- **b. EDGAR series identifier (if any):** S000003462

- **c. LEI of Series:** 254900S381ELN1VXPI41

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-12-31

**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:** $75479341.27

**Total Liabilities:** $54398.09

**Net Assets:** $75424943.18

**Cash Not Reported:** $83488.98

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 13.72654000 | **1-Year:** 614.32845000 | **5-Year:** 6359.42705000 | **10-Year:** 4109.18670000 | **30-Year:** 136.38575000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000009596 | 2.84%                | 0.08%                | -0.57%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $755162.49               | $1257950.24                                |
| Month 2  | $292764.82               | $-322363.67                                |
| Month 3  | $366.45                  | $-569909.14                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| DUKE ENERGY PROG SC STOR                         | Duke Energy Progress SC Storm Funding LLC              | CUSIP: 26445CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     71264 | PA      | $73350.54     | 0.10%             | 2044-03-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                   | Ginnie Mae II Pool                                     | CUSIP: 36179XE93<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    191150 | PA      | $178338.91    | 0.24%             | 2052-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WYNNTON FUNDING TRUST                            | Wynnton Funding Trust                                  | CUSIP: 983196AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $252168.86    | 0.33%             | 2035-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                        | CUSIP: 31371NJ71<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4038 | PA      | $4190.02      | 0.01%             | 2027-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Arista Networks Inc                              | Arista Networks Inc                                    | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      3060 | NS      | $400951.80    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN ALLIANCE BANK                            | Western Alliance Bank                                  | CUSIP: 95758BCL1<br>LEI: SI7YQSVPFZBSQ878IC17 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100330.73    | 0.13%             | 2035-11-15      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                         | J.P. Morgan Mortgage Trust 2023-6                      | CUSIP: 465989AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     95932 | PA      | $97726.95     | 0.13%             | 2053-12-26      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                     | CUSIP: 3133TJDP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      6457 | PA      | $6587.18      | 0.01%             | 2029-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| OAK CREEK WI                                     | City of Oak Creek WI                                   | CUSIP: 671137D95<br>LEI: 549300FLUIG6KPZ61B39 | Long             | DBT              | MUN               | US        |    295000 | PA      | $283700.50    | 0.38%             | 2029-10-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Eaton Corp PLC                                   | Eaton Corp PLC                                         | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |       800 | NS      | $254808.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                                      | Netflix Inc                                            | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      4600 | NS      | $431296.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage A                   | Ginnie Mae II Pool                                     | CUSIP: 3617BFSK9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    122357 | PA      | $123811.47    | 0.16%             | 2048-05-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                   | Ginnie Mae II Pool                                     | CUSIP: 36202EWG0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      4136 | PA      | $4306.28      | 0.01%             | 2038-09-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                      | CUSIP: 3136AYLX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     14784 | PA      | $13171.81     | 0.02%             | 2047-10-25      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| COMERICA BANK                                    | Comerica Bank                                          | CUSIP: 200339EX3<br>LEI: 70WY0ID1N53Q4254VH70 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251979.72    | 0.33%             | 2033-08-25      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| DOWNTOWN DALLAS TX DEV AUTH TA                   | Downtown Dallas Development Authority                  | CUSIP: 261149BD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $240241.39    | 0.32%             | 2036-08-15      | Fixed         | 6.21%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                   | Ginnie Mae II Pool                                     | CUSIP: 36202EXP9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      7787 | PA      | $7965.64      | 0.01%             | 2038-11-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                        | CUSIP: 31418E5B2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    160001 | PA      | $152023.32    | 0.20%             | 2054-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TCW Strategic Income Fund Inc                    | TCW Strategic Income Fund Inc                          | CUSIP: 872340104<br>LEI: 54930062BZFVP7F6WJ47 | Long             | EC               | RF                | US        |     25000 | NS      | $123500.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The                      | Goldman Sachs Group Inc/The                            | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      1600 | NS      | $1406400.00   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2004-T3                       | CUSIP: 31393YU78<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      3812 | PA      | $3934.71      | 0.01%             | 2044-02-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Visa Inc                                         | Visa Inc                                               | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      2800 | NS      | $981988.00    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                                      | PepsiCo Inc                                            | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |      1825 | NS      | $261924.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC                          | Booz Allen Hamilton Inc                                | CUSIP: 09951LAD5<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207575.53    | 0.28%             | 2035-04-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| EVERGY KANSAS CENTRAL                            | Evergy Kansas Central Inc                              | CUSIP: 30036FAC5<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |    175000 | PA      | $187906.13    | 0.25%             | 2033-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST EDUCTNL FING                    | Massachusetts Educational Financing Authority          | CUSIP: 57563RTM1<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |    145000 | PA      | $147765.37    | 0.20%             | 2044-07-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                       | CUSIP: 3132DWM91<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    236456 | PA      | $224665.23    | 0.30%             | 2054-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                        | CUSIP: 31418E6Q8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    270324 | PA      | $256845.15    | 0.34%             | 2054-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                   | Amazon.com Inc                                         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      9700 | NS      | $2238954.00   | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                           | UnitedHealth Group Inc                                 | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      1900 | NS      | $627209.00    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Taxable Municipal Bond Trust           | BlackRock Taxable Municipal Bond Trust                 | CUSIP: 09248X100<br>LEI: SNYX4R2CEK5Q5D25DZ39 | Long             | EC               | RF                | US        |     21971 | NS      | $358566.72    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERGY MISSOURI W STORM                          | Evergy Missouri West Storm Funding I LLC               | CUSIP: 30037HAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     91626 | PA      | $94127.20     | 0.12%             | 2038-12-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Chubb Ltd                                        | Chubb Ltd                                              | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |      1400 | NS      | $436968.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens AG                                       | Siemens AG                                             | CUSIP: 826197501<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |      5175 | NS      | $724241.25    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| SELECTIVE INSURANCE GROU                         | Selective Insurance Group Inc                          | CUSIP: 816300AJ6<br>LEI: 549300R3WGJWLE40R258 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104967.26    | 0.14%             | 2035-04-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| CHARLES STARK DRAPER LAB                         | Charles Stark Draper Laboratory Inc/The                | CUSIP: 15987TAT8<br>LEI: 254900FAU0MCDL819V50 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86506.46     | 0.11%             | 2048-09-01      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HSG DEV FUND                    | West Virginia Housing Development Fund                 | CUSIP: 95662NQS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $259028.05    | 0.34%             | 2034-05-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Motorola Solutions Inc                           | Motorola Solutions Inc                                 | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |       750 | NS      | $287490.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO                              | JPMorgan Chase & Co                                    | CUSIP: 46647PFC5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    125000 | PA      | $129564.49    | 0.17%             | 2036-07-23      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                   | Government National Mortgage Association               | CUSIP: 38382UHV6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    150950 | PA      | $156291.18    | 0.21%             | 2051-06-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                             | Parker-Hannifin Corp                                   | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |       625 | NS      | $549350.00    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Chase Mortgage Finance Corpora                   | Chase Home Lending Mortgage Trust 2025-1               | CUSIP: 16160TAD0<br>LEI: 529900UNQTJFSNGLF721 | Long             | ABS-MBS          | CORP              | US        |    192452 | PA      | $195369.02    | 0.26%             | 2055-11-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                        | CUSIP: 31418FQD2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     74257 | PA      | $72599.92     | 0.10%             | 2055-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NVIDIA Corp                                      | NVIDIA Corp                                            | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     30900 | NS      | $5762850.00   | 7.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc                            | Waste Connections Inc                                  | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |      1500 | NS      | $263040.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage A                   | Ginnie Mae II Pool                                     | CUSIP: 3622ADJS8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    127498 | PA      | $123792.20    | 0.16%             | 2064-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                     | CUSIP: 3137B7FP9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      5084 | PA      | $5248.72      | 0.01%             | 2047-10-15      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| Fidelity Government Portfolio                    | Fidelity Government Portfolio                          | CUSIP: 316175108<br>LEI: 549300FQDFZGLUOCWN51 | Long             | STIV             | RF                | US        |   1782692 | NS      | $1782691.69   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                               | Meta Platforms Inc                                     | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      2115 | NS      | $1396090.35   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                        | Apple Inc                                              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     13475 | NS      | $3663313.50   | 4.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Chase Mortgage Finance Corpora                   | Chase Home Lending Mortgage Trust Series 2024-3        | CUSIP: 16159HAR8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $101983.89    | 0.14%             | 2055-02-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| CVS PASS-THROUGH TR 2014                         | CVS Pass-Through Trust Series 2014                     | CUSIP: 12665VAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    149399 | PA      | $139639.59    | 0.19%             | 2036-08-11      | Fixed         | 4.16%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                         | Minnesota Housing Finance Agency                       | CUSIP: 60416S4U1<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    135000 | PA      | $133363.54    | 0.18%             | 2027-01-01      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| Chase Mortgage Finance Corpora                   | Chase Home Lending Mortgage Trust Series 2024-1        | CUSIP: 16160DAS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $203682.92    | 0.27%             | 2055-01-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                   | Ginnie Mae II Pool                                     | CUSIP: 36202CYF4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      1201 | PA      | $1234.84      | 0.00%             | 2027-11-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                | L3Harris Technologies Inc                              | CUSIP: 502431AV1<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48993.85     | 0.06%             | 2054-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                                      | City of New York NY                                    | CUSIP: 64966HTX8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    182879 | PA      | $191114.00    | 0.25%             | 2036-12-01      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                              | Abbott Laboratories                                    | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      2450 | NS      | $306960.50    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage A                   | Government National Mortgage Association               | CUSIP: 38382QQF0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    116195 | PA      | $112917.10    | 0.15%             | 2051-05-20      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| DTE ELECT SECUR FND II                           | DTE Electric Securitization Funding II LLC             | CUSIP: 23346TAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $108308.71    | 0.14%             | 2037-09-01      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| CF INDUSTRIES INC                                | CF Industries Inc                                      | CUSIP: 12527GAL7<br>LEI: 5FVKT86LAD2F40NPC183 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149752.49    | 0.20%             | 2035-11-26      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Linde PLC                                        | Linde PLC                                              | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | US        |       575 | NS      | $245174.25    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS PASS-THROUGH TRUST                           | CVS Pass-Through Trust                                 | CUSIP: 126650BQ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     62876 | PA      | $65264.10     | 0.09%             | 2030-01-10      | Fixed         | 6.94%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Inc                               | NextEra Energy Inc                                     | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |      4140 | NS      | $332359.20    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Mortgage Trust                         | JP Morgan Mortgage Trust 2024-2                        | CUSIP: 46657TAS4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    104153 | PA      | $104504.50    | 0.14%             | 2054-08-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| BlackRock Income Trust Inc                       | BlackRock Income Trust Inc                             | CUSIP: 09247F209<br>LEI: TZVEKBHO1R4X5PI73286 | Long             | EC               | RF                | US        |      8379 | NS      | $92504.16     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                     | CUSIP: 3133TUUU0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     10666 | PA      | $11076.21     | 0.01%             | 2031-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                  | CUSIP: 31335AXQ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     11613 | PA      | $12003.25     | 0.02%             | 2031-05-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                        | CUSIP: 31418EV56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    249162 | PA      | $237356.22    | 0.31%             | 2053-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vertiv Holdings Co                               | Vertiv Holdings Co                                     | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |      1225 | NS      | $198462.25    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                        | CUSIP: 31418FEA1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    236518 | PA      | $224723.80    | 0.30%             | 2054-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                        | CUSIP: 31418FEB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    562154 | PA      | $549612.47    | 0.73%             | 2054-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Salesforce Inc                                   | Salesforce Inc                                         | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      3050 | NS      | $807975.50    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2004-W9                               | CUSIP: 31394ACL8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     17960 | PA      | $18553.25     | 0.02%             | 2044-02-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Williams Cos Inc/The                             | Williams Cos Inc/The                                   | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |      8700 | NS      | $522957.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Mortgage Trust                         | JP Morgan Mortgage Trust 2021-6                        | CUSIP: 46653PAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    236983 | PA      | $214419.78    | 0.28%             | 2051-10-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                       | Public Finance Authority                               | CUSIP: 74442PHC2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    105000 | PA      | $103983.14    | 0.14%             | 2032-07-01      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| Emerson Electric Co                              | Emerson Electric Co                                    | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |       750 | NS      | $99540.00     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                     | Thermo Fisher Scientific Inc                           | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      1040 | NS      | $602628.00    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| LAGRANGE CNTY IN REGL UTIL DIS                   | LaGrange County Regional Utility District              | CUSIP: 50710RBZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $189551.49    | 0.25%             | 2040-01-01      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| SOUTHSTATE BANK NA                               | South State Bank NA                                    | CUSIP: 45384BAD8<br>LEI: 8I3UVGYULPJQIP7FQV10 | Long             | DBT              | CORP              | US        |    100000 | PA      | $106250.00    | 0.14%             | 2034-08-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| ServiceNow Inc                                   | ServiceNow Inc                                         | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      2800 | NS      | $428932.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage A                   | Government National Mortgage Association               | CUSIP: 38381AGM2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     18300 | PA      | $19389.70     | 0.03%             | 2048-10-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                     | CUSIP: 3137H9JY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    118310 | PA      | $112950.76    | 0.15%             | 2050-01-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                  | United States Treasury Note/Bond                       | CUSIP: 91282CNG2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    200000 | PA      | $202710.94    | 0.27%             | 2030-05-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BOKF NA                                          | BOKF NA                                                | CUSIP: 05572YHP0<br>LEI: FU7RSW4CQQY98A2O7J66 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255313.32    | 0.34%             | 2040-11-06      | Fixed         | 6.11%                 | No            |                  2 | On Loan: No      |
| Chase Mortgage Finance Corpora                   | Chase Home Lending Mortgage Trust Series 2024-2        | CUSIP: 161929AQ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $203896.94    | 0.27%             | 2055-02-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                        | CUSIP: 31418EHK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    272299 | PA      | $267238.33    | 0.35%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INDIANA ST HSG & CMNTY DEV AUT                   | Indiana Housing & Community Development Authority      | CUSIP: 45505TD99<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |    280000 | PA      | $287602.76    | 0.38%             | 2054-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                            | Entergy Louisiana LLC                                  | CUSIP: 29364WBQ0<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    125000 | PA      | $126109.00    | 0.17%             | 2055-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                   | Ginnie Mae II Pool                                     | CUSIP: 3617A0T63<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      3511 | PA      | $3571.42      | 0.00%             | 2032-04-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                   | Ginnie Mae II Pool                                     | CUSIP: 36179WXL7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    215059 | PA      | $197603.23    | 0.26%             | 2052-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COLORADO EDUCTNL & CULTURAL AU                   | Colorado Educational & Cultural Facilities Authority   | CUSIP: 19645UFU3<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    205000 | PA      | $156722.87    | 0.21%             | 2056-03-01      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                   | Microsoft Corp                                         | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      7475 | NS      | $3615059.50   | 4.79%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp                            | General Dynamics Corp                                  | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |       700 | NS      | $235662.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                     | Broadcom Inc                                           | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     10850 | NS      | $3755185.00   | 4.98%             |  |  |  | No            |                  1 | On Loan: No      |
| ASSURANT INC                                     | Assurant Inc                                           | CUSIP: 04621XAQ1<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152787.90    | 0.20%             | 2036-02-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                   | Government National Mortgage Association               | CUSIP: 38374L5X5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        39 | PA      | $38.82        | 0.00%             | 2035-09-16      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Intuitive Surgical Inc                           | Intuitive Surgical Inc                                 | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      1290 | NS      | $730604.40    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| UTAH ST CHRT SCH FIN AUTH CHRT                   | Utah Charter School Finance Authority                  | CUSIP: 91754TA37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $199321.32    | 0.26%             | 2027-10-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Boston Scientific Corp                           | Boston Scientific Corp                                 | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |      2575 | NS      | $245526.25    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc                         | Ameriprise Financial Inc                               | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      1150 | NS      | $563891.00    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                                  | United States Treasury Note/Bond                       | CUSIP: 91282CLF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    325000 | PA      | $320620.12    | 0.43%             | 2034-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| COLORADO SPRINGS CO UTILITIES                    | City of Colorado Springs CO Utilities System Revenue   | CUSIP: 196632MN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $282297.88    | 0.37%             | 2040-11-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Autodesk Inc                                     | Autodesk Inc                                           | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |      1275 | NS      | $377412.75    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                     | CUSIP: 31392TAU1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     11893 | PA      | $12447.43     | 0.02%             | 2032-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Palo Alto Networks Inc                           | Palo Alto Networks Inc                                 | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |      4320 | NS      | $795744.00    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| New Residential Mortgage Loan                    | New Residential Mortgage Loan Trust 2018-3             | CUSIP: 64830KAA5<br>LEI: 549300U48YU2VDL8N523 | Long             | ABS-MBS          | CORP              | US        |     24254 | PA      | $23770.38     | 0.03%             | 2058-05-25      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                        | CUSIP: 31418FKK2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    556540 | PA      | $528784.74    | 0.70%             | 2055-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Stryker Corp                                     | Stryker Corp                                           | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |       700 | NS      | $246029.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Sequoia Mortgage Trust                           | Sequoia Mortgage Trust 2020-4                          | CUSIP: 81748RAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     32819 | PA      | $30675.80     | 0.04%             | 2050-11-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST EDUCTNL FING                    | Massachusetts Educational Financing Authority          | CUSIP: 57563RSU4<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |    155000 | PA      | $150555.30    | 0.20%             | 2038-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                        | CUSIP: 31418ES35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    210712 | PA      | $206609.94    | 0.27%             | 2053-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                       | CUSIP: 3132DWMW0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    224755 | PA      | $219740.72    | 0.29%             | 2054-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                      | CUSIP: 31359VSW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1715 | PA      | $1739.59      | 0.00%             | 2029-04-25      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| FIRST CITIZENS BANCSHARE                         | First Citizens BancShares Inc/NC                       | CUSIP: 31959XAF0<br>LEI: 549300N3Z00ZHE2XC526 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203961.40    | 0.27%             | 2040-03-12      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Intuit Inc                                       | Intuit Inc                                             | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      1200 | NS      | $794904.00    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHSTATE BANK CORP                             | SOUTHSTATE BANK CORP                                   | CUSIP: 840441AA7<br>LEI: 549300JZUANXM0YQ4W53 | Long             | DBT              | CORP              | US        |    150000 | PA      | $157405.78    | 0.21%             | 2035-06-13      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                        | CUSIP: 31418FHW0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    254147 | PA      | $248477.01    | 0.33%             | 2055-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Putnam Master Intermediate Income Trust          | Putnam Master Intermediate Income Trust                | CUSIP: 746909100<br>LEI: QYQERD8ESA0ALFI8LA12 | Long             | EC               | RF                | US        |     66500 | NS      | $222110.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                                  | McDonald's Corp                                        | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      1450 | NS      | $443163.50    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Mortgage Trust                         | JP Morgan Mortgage Trust 2023-10                       | CUSIP: 465986AZ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $152106.33    | 0.20%             | 2054-05-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                   | Ginnie Mae II Pool                                     | CUSIP: 3618N5ET2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    242276 | PA      | $236584.72    | 0.31%             | 2055-01-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                     | CUSIP: 3133TJDF7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     10746 | PA      | $10986.92     | 0.01%             | 2029-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                       | AbbVie Inc                                             | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      1750 | NS      | $399857.50    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Mortgage Trust                         | J.P. Morgan Mortgage Trust 2024-1                      | CUSIP: 46657PAR4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $202014.64    | 0.27%             | 2054-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST DEPT OF HSG & CMNTY A                   | Texas Department of Housing & Community Affairs        | CUSIP: 88275FZU6<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |    195000 | PA      | $204437.45    | 0.27%             | 2053-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                  | United States Treasury Note/Bond                       | CUSIP: 91282CNT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    250000 | PA      | $252343.75    | 0.33%             | 2035-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                        | CUSIP: 31402DAA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5303 | PA      | $5513.10      | 0.01%             | 2033-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                     | CUSIP: 31392TEK9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     10684 | PA      | $11087.91     | 0.01%             | 2032-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Take-Two Interactive Software                    | Take-Two Interactive Software Inc                      | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |      1765 | NS      | $451892.95    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc                      | Honeywell International Inc                            | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      1450 | NS      | $282880.50    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The                          | Sherwin-Williams Co/The                                | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      1000 | NS      | $324030.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                       | CUSIP: 3132DWN58<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    252183 | PA      | $239606.09    | 0.32%             | 2055-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Safran SA                                        | Safran SA                                              | CUSIP: 786584102<br>LEI: 969500UIC89GT3UL7L24 | Long             | EC               | CORP              | FR        |      7350 | NS      | $639817.50    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Chase Mortgage Finance Corpora                   | Chase Home Lending Mortgage Trust Series 2025-2        | CUSIP: 16159VAR7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $255787.38    | 0.34%             | 2055-12-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| John Hancock Income Securities Trust             | John Hancock Income Securities Trust                   | CUSIP: 410123103<br>LEI: 549300RB36J7QSFLWG11 | Long             | EC               | RF                | US        |      5000 | NS      | $58550.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                     | CUSIP: 3137BLU48<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      9746 | PA      | $10768.81     | 0.01%             | 2045-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                              | JPMorgan Chase & Co                                    | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      2925 | NS      | $942493.50    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo Mortgage Backed Se                   | Wells Fargo Mortgage Backed Securities 2020-5 Trust    | CUSIP: 95003BAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     25749 | PA      | $24044.09     | 0.03%             | 2050-09-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| NEBRASKA ST INVESTMENT FIN AUT                   | Nebraska Investment Finance Authority                  | CUSIP: 63968XBU8<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |    120000 | PA      | $126831.71    | 0.17%             | 2031-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                       | CUSIP: 06406RBU0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    175000 | PA      | $195967.48    | 0.26%             | 2034-10-25      | Fixed         | 6.47%                 | No            |                  2 | On Loan: No      |
| Axon Enterprise Inc                              | Axon Enterprise Inc                                    | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |       130 | NS      | $73830.90     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Mortgage Trust                         | JP Morgan Mortgage Trust 2025-1                        | CUSIP: 46658UAS0<br>LEI: 529900DB310G9HU4BP72 | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $257422.53    | 0.34%             | 2055-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                       | CUSIP: 3132DWF32<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    230920 | PA      | $220603.73    | 0.29%             | 2053-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MFS Intermediate Income Trust                    | MFS Intermediate Income Trust                          | CUSIP: 55273C107<br>LEI: WGVMPY7PP3OZCAPKRD65 | Long             | EC               | RF                | US        |     83033 | NS      | $216716.13    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                     | Alphabet Inc                                           | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     12400 | NS      | $3881200.00   | 5.15%             |  |  |  | No            |                  1 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2004-T1                       | CUSIP: 31393XFS1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     10106 | PA      | $10556.49     | 0.01%             | 2044-01-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                       | US Bancorp                                             | CUSIP: 91159HJG6<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100891.98    | 0.13%             | 2033-07-22      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                        | CUSIP: 31418E6Y1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    242648 | PA      | $237234.32    | 0.31%             | 2054-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| IDAHO ST HSG & FIN ASSN NONPRO                   | Idaho Housing & Finance Association                    | CUSIP: 45129GNW1<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    110000 | PA      | $110269.62    | 0.15%             | 2028-05-01      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| Home Depot Inc/The                               | Home Depot Inc/The                                     | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      1825 | NS      | $627982.50    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| DoubleLine Opportunistic Credit Fund             | DoubleLine Opportunistic Credit Fund                   | CUSIP: 258623107<br>LEI: 5493003RT2VL4QLFXN55 | Long             | EC               | RF                | US        |      4400 | NS      | $67100.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                                  | United States Treasury Note/Bond                       | CUSIP: 912810UG1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    800000 | PA      | $773968.75    | 1.03%             | 2055-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy Inc                              | Cheniere Energy Inc                                    | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      1900 | NS      | $369341.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| MARICOPA CNTY AZ INDL DEV AUTH                   | Maricopa County Industrial Development Authority       | CUSIP: 56681NGX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $78883.02     | 0.10%             | 2044-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Chase Mortgage Finance Corpora                   | Chase Home Lending Mortgage Trust 2024-9               | CUSIP: 16160QAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     80935 | PA      | $81026.94     | 0.11%             | 2055-09-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Putnam Premier Income Trust                      | Putnam Premier Income Trust                            | CUSIP: 746853100<br>LEI: G5048SOHSFOQHNEL1E85 | Long             | EC               | RF                | US        |     68392 | NS      | $242107.68    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                     | CUSIP: 3137A0XM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      5229 | PA      | $5608.26      | 0.01%             | 2036-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                      | CUSIP: 31397NWY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     17615 | PA      | $18851.91     | 0.02%             | 2039-05-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                         | JP Morgan Mortgage Trust 2021-6                        | CUSIP: 46653PBJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    243020 | PA      | $238255.07    | 0.32%             | 2051-10-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                  | United States Treasury Note/Bond                       | CUSIP: 912810TV0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1150000 | PA      | $1133738.29   | 1.50%             | 2053-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                        | CUSIP: 31418ET42<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    234492 | PA      | $229867.41    | 0.30%             | 2053-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Nuveen Multi-Market Income Fund                  | Nuveen Multi-Market Income Fund                        | CUSIP: 67075J107<br>LEI: G7V8IS406QV705LBK003 | Long             | EC               | RF                | US        |     21153 | NS      | $127764.12    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                               | Union Pacific Corp                                     | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      2050 | NS      | $474206.00    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                        | CUSIP: 31381D3U7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        50 | PA      | $50.31        | 0.00%             | 2026-07-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc                                     | Alphabet Inc                                           | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      3675 | NS      | $1153215.00   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp                            | Northrop Grumman Corp                                  | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |       375 | NS      | $213828.75    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                                   | Eli Lilly & Co                                         | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       840 | NS      | $902731.20    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage A                   | Government National Mortgage Association               | CUSIP: 38382NJZ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    157830 | PA      | $163633.14    | 0.22%             | 2051-02-20      | Variable      | 5.91%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                      | Exelon Corp                                            | CUSIP: 30161NBQ3<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156306.95    | 0.21%             | 2055-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| COLORADO ST BRD OF GOVERNORS U                   | Board of Governors of Colorado State University System | CUSIP: 196707HT3<br>LEI: 549300MAE3RAIIEIQV71 | Long             | DBT              | MUN               | US        |    200000 | PA      | $207341.86    | 0.27%             | 2033-03-01      | Fixed         | 5.96%                 | No            |                  2 | On Loan: No      |
| Accenture PLC                                    | Accenture PLC                                          | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |      2025 | NS      | $543307.50    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Sequoia Mortgage Trust                           | Sequoia Mortgage Trust 2025-3                          | CUSIP: 817370AR0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $153714.35    | 0.20%             | 2055-04-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                         | JP Morgan Mortgage Trust 2021-13                       | CUSIP: 46592XAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    205072 | PA      | $185396.56    | 0.25%             | 2052-04-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| EQUIFAX INC                                      | Equifax Inc                                            | CUSIP: 294429AG0<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |    200000 | PA      | $225519.19    | 0.30%             | 2037-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Applied Materials Inc                            | Applied Materials Inc                                  | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      1900 | NS      | $488281.00    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| UNION ELECTRIC CO                                | Union Electric Co                                      | CUSIP: 906548CN0<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |    275000 | PA      | $219119.31    | 0.29%             | 2048-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST HSG & FIN ASSN NONPRO                   | Idaho Housing & Finance Association                    | CUSIP: 45129GPK5<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |     90000 | PA      | $90220.88     | 0.12%             | 2028-05-01      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                       | CUSIP: 3132DWNV1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    243913 | PA      | $238471.13    | 0.32%             | 2055-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VERMILLION CNTY IN ECON DEV LE                   | County of Vermillion IN                                | CUSIP: 92407TAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $255465.13    | 0.34%             | 2032-08-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Nuveen Taxable Municipal Income Fund             | Nuveen Taxable Municipal Income Fund                   | CUSIP: 67074C103<br>LEI: CGX4I2YMRMYU5022FW76 | Long             | EC               | RF                | US        |     11667 | NS      | $184338.60    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                                  | United States Treasury Note/Bond                       | CUSIP: 912810UA4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    225000 | PA      | $217634.76    | 0.29%             | 2054-05-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TEXAS CHILDRENS HOSPITAL                         | Texas Children's Hospital                              | CUSIP: 88224LAQ1<br>LEI: 549300JQ1IKID2ZK7X26 | Long             | DBT              | CORP              | US        |     90000 | PA      | $88610.01     | 0.12%             | 2029-10-01      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management                      | RCKT Mortgage Trust 2025-CES1                          | CUSIP: 749427AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    389760 | PA      | $393656.59    | 0.52%             | 2045-01-25      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                         | JP Morgan Mortgage Trust Series 2024-4                 | CUSIP: 46657WAS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $203950.86    | 0.27%             | 2054-10-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Dynatrace Inc                                    | Dynatrace Inc                                          | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |      4250 | NS      | $184195.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                       | CUSIP: 3132DWPF4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    239612 | PA      | $234266.08    | 0.31%             | 2055-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST EDUCTNL FING                    | Massachusetts Educational Financing Authority          | CUSIP: 57563RPQ6<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |     15000 | PA      | $14820.71     | 0.02%             | 2034-07-01      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                    | United States Small Business Administration            | CUSIP: 83162CRN5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      5058 | PA      | $5080.64      | 0.01%             | 2028-01-01      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| HALLIBURTON CO                                   | Halliburton Co                                         | CUSIP: 406216AS0<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |     75000 | PA      | $86169.29     | 0.11%             | 2096-08-15      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                         | JP Morgan Mortgage Trust Series 2024-5                 | CUSIP: 46658RAH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $202657.26    | 0.27%             | 2054-11-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                        | CUSIP: 31418FJQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    481528 | PA      | $457513.68    | 0.61%             | 2055-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                     | CUSIP: 3137FGC52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    127759 | PA      | $121744.33    | 0.16%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                  | United States Treasury Note/Bond                       | CUSIP: 91282CNR8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    250000 | PA      | $251669.92    | 0.33%             | 2032-07-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                           | Sequoia Mortgage Trust 2025-1                          | CUSIP: 81743EAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    170758 | PA      | $172687.09    | 0.23%             | 2055-01-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                  | United States Treasury Note/Bond                       | CUSIP: 91282CJJ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    100000 | PA      | $103433.59    | 0.14%             | 2033-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY FL PROJ FIN                          | Duke Energy Florida Project Finance LLC                | CUSIP: 26444GAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $111767.90    | 0.15%             | 2033-03-01      | Fixed         | 2.86%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                   | Government National Mortgage Association               | CUSIP: 38379NAS1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2733 | PA      | $2920.72      | 0.00%             | 2045-06-20      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Shell PLC                                        | Shell PLC                                              | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |      2400 | NS      | $176352.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOVUS FINANCIAL CORP                           | Synovus Financial Corp                                 | CUSIP: 87161CAP0<br>LEI: 549300EIUS8UN5JTLE54 | Long             | DBT              | CORP              | US        |    175000 | PA      | $181797.52    | 0.24%             | 2030-11-01      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| Chase Mortgage Finance Corpora                   | Chase Home Lending Mortgage Trust 2023-1               | CUSIP: 16159PAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    110689 | PA      | $112760.41    | 0.15%             | 2054-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                        | CUSIP: 3140MSBY0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    271943 | PA      | $266565.42    | 0.35%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BlackRock Core Bond Trust                        | BlackRock Core Bond Trust                              | CUSIP: 09249E101<br>LEI: CC8M7XFKTNG56DXMAR33 | Long             | EC               | RF                | US        |     27126 | NS      | $260138.34    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage A                   | Ginnie Mae II Pool                                     | CUSIP: 36202DDN8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      6329 | PA      | $6528.51      | 0.01%             | 2029-09-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                        | CUSIP: 31418FCD7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    162653 | PA      | $154542.21    | 0.20%             | 2054-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| First Trust Mortgage Income Fund                 | First Trust Mortgage Income Fund                       | CUSIP: 33734E103<br>LEI: 549300DJXDU5IDLS9H81 | Long             | EC               | RF                | US        |     11200 | NS      | $136080.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Chase Mortgage Finance Corpora                   | Chase Home Lending Mortgage Trust Series 2024-4        | CUSIP: 16159NAR5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $204407.98    | 0.27%             | 2055-03-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| DALLAS CNTY TX HOSP DIST                         | Dallas County Hospital District                        | CUSIP: 234667JL8<br>LEI: UQCNU7AEWLMSSOK7VW91 | Long             | DBT              | MUN               | US        |    200000 | PA      | $198055.70    | 0.26%             | 2044-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| DWS Municipal Income Trust                       | DWS Municipal Income Trust                             | CUSIP: 233368109<br>LEI: TEL2CK71Z3LE1OCHIB43 | Long             | EC               | RF                | US        |     24300 | NS      | $220887.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                                  | TJX Cos Inc/The                                        | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      5100 | NS      | $783411.00    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Angel Oak Financial Strategies Income Term Trust | Angel Oak Financial Strategies Income Term Trust       | CUSIP: 03464A100<br>LEI: 549300BL3JQL47QYUO51 | Long             | EC               | RF                | US        |     27282 | NS      | $360395.22    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-21

**Name of Applicant:** SIT MUTUAL FUNDS INC

**Signature:** Paul Rasmussen

**Name of Signer:** Paul Rasmussen

**Title:** VP, Treasurer & Chief Compliance Officer