# EDGAR Filing Document

**Accession Number:** 0000908695
**File Stem:** 0001752724-23-041248
**Filing Date:** 2023-2
**Character Count:** 147387
**Document Hash:** 6868d36ec49dbb08f9e81d8069068f96
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-041248.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-041248

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** USAA MUTUAL FUNDS TRUST
- **CENTRAL INDEX KEY:** 0000908695
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07852
- **FILM NUMBER:** 23671043

**BUSINESS ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **STREET 2:** BUILDING TWO
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256
- **BUSINESS PHONE:** 210-697-3625

**MAIL ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **STREET 2:** BUILDING TWO
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA STATE TAX FREE TRUST
- **DATE OF NAME CHANGE:** 19940325

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA STATE TAX EXEMPT TRUST
- **DATE OF NAME CHANGE:** 19930707

## Series and Classes Contracts Data

### Ultra Short-Term Bond Fund (Series ID: S000030169)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000092834 | Ultra Short-Term Bond Fund Shares               | UUSTX           |
| C000130753 | Ultra Short-Term Bond Fund Institutional Shares | UUSIX           |
| C000179382 | Ultra Short-Term Bond Fund R6 Shares            | URUSX           |
| C000220636 | Ultra Short-Term Bond Fund Class A              | USBAX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** USAA Mutual Funds Trust

- **b. Investment Company Act file number:** 811-07852

- **c. CIK number of Registrant:** 0000908695

- **d. LEI of Registrant:** 549300WIDR2J6W1Y9S11

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

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

  - **City:** San Antonio

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 78256

  - **Telephone number:** 800-235-8396

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

- **a. Name of Series:** Ultra Short-Term Bond Fund

- **b. EDGAR series identifier (if any):** S000030169

- **c. LEI of Series:** 549300P1NJ5UMBQKCB83

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $281141633.53

**Total Liabilities:** $4952266.62

**Net Assets:** $276189366.91

**Cash Not Reported:** $342193.20

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -1201.68209232 | **1-Year:** -18485.67825323 | **5-Year:** -12831.47463186 | **10-Year:** -42.95293485 | **30-Year:** 0.00000000

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

- **3-Month:** -132.08178771 | **1-Year:** -2483.09564780 | **5-Year:** -1562.26643410 | **10-Year:** -0.58058817 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000130753 | 0.05%                | 0.70%                | 0.53%                |
| Class ID C000220636 | 0.13%                | 0.67%                | 0.50%                |
| Class ID C000179382 | 0.06%                | 0.71%                | 0.54%                |
| Class ID C000092834 | 0.04%                | 0.69%                | 0.53%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-35514.54               | $-449140.93                                |
| Month 2  | $-77905.67               | $1274555.57                                |
| Month 3  | $-76182.44               | $594819.39                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SANTANDER CONSUMER AUTO RECEIVABLES TRUST                  | SANTANDER CONSUMER AUTO RECEIVABLES TRUST 2020 B   | CUSIP: 802830AX7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $287984.17    | 0.10%             | 2027-01-15      | Fixed         | 4.13%                 | Yes           |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST                        | EXETER AUTOMOBILE RECEIVABLES TRUST 2022 5         | CUSIP: 30167FAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $499827.54    | 0.18%             | 2025-01-15      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                              | GOLDMAN SACHS GROUP INC THE                        | CUSIP: 38141GYQ1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $982750.00    | 0.36%             | 2024-10-21      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| ING Groep N.V.                                             | ING GROEP NV                                       | CUSIP: 456837BD4<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $497744.93    | 0.18%             | 2026-03-28      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI BUSINESS FIN CORP MISS SOLID WASTE DISP REV    | MISSISSIPPI ST BUSINESS FIN CORP SOL WST DISP REV  | CUSIP: 60527MAY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500000.00   | 0.91%             | 2025-07-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE SA                                        | SOCIETE GENERALE SA                                | CUSIP: 83368RBF8<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   1700000 | PA      | $1636777.00   | 0.59%             | 2026-01-21      | Floating      | 4.81%                 | Yes           |                  2 | On Loan: No      |
| DAIMLER TRUCK FINANCE NORTH AMERICA LLC                    | DAIMLER TRUCKS FINANCE NORTH AMERICA LLC           | CUSIP: 233853AK6<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995900.00    | 0.36%             | 2024-04-07      | Floating      | 4.63%                 | Yes           |                  2 | On Loan: No      |
| EVERGREEN CREDIT CARD TRUST                                | EVERGREEN CREDIT CARD TRUST                        | CUSIP: 30023JBV9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $489276.15    | 0.18%             | 2026-07-15      | Fixed         | 5.61%                 | Yes           |                  2 | On Loan: No      |
| CREDIT ACCEPTANCE AUTO LOAN TRUST                          | CREDIT ACCEPTANCE AUTO LOAN TRUST                  | CUSIP: 22535GAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    218000 | PA      | $208336.01    | 0.08%             | 2030-05-15      | Fixed         | 1.00%                 | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                               | BX COMMERCIAL MORTGAGE TRUST 2021 VOLT             | CUSIP: 05609VAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $704783.38    | 0.26%             | 2023-09-15      | Floating      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| SANTANDER BANK, N.A.                                       | SANTANDER BANK AUTO CREDIT LINKED NOTES SERIES 202 | CUSIP: 80290CBF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1000065.50   | 0.36%             | 2032-12-15      | Fixed         | 6.45%                 | Yes           |                  2 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                    | BANK OF NOVA SCOTIA THE                            | CUSIP: 0641593V6<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   1250000 | PA      | $1208575.00   | 0.44%             | 2026-03-02      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                               | BARCLAYS PLC                                       | CUSIP: 06738EBB0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | RF                | GB        |   1000000 | PA      | $992970.00    | 0.36%             | 2024-05-16      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                         | ENERGY TRANSFER PART LP                            | CUSIP: 29277FN31<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | STIV             | CORP              | US        |   1000000 | PA      | $999461.78    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                               | BX TRUST                                           | CUSIP: 05608WAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    496241 | PA      | $472348.08    | 0.17%             | 2038-06-15      | Floating      | 5.19%                 | Yes           |                  2 | On Loan: No      |
| Syngenta Finance N.V.                                      | SYNGENTA FINANCE NV                                | CUSIP: 87164KAG9<br>LEI: 54930042S3BYCEGOCN86 | Long             | DBT              | CORP              | NL        |   1000000 | PA      | $970020.00    | 0.35%             | 2025-04-24      | Fixed         | 4.89%                 | Yes           |                  2 | On Loan: No      |
| WESTLAKE AUTOMOBILE RECEIVABLES TRUST                      | WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2022 2       | CUSIP: 96042VAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $389002.52    | 0.14%             | 2027-09-15      | Fixed         | 4.31%                 | Yes           |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES CORPORATION TRUST                   | GS MORTGAGE SECURITIES CORP TRUST 2017 GPTX        | CUSIP: 36257CAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $944905.61    | 0.34%             | 2034-05-10      | Fixed         | 2.86%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                   | UNITED STATES TREASURY BILL                        | CUSIP: 912796ZU6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $995319.80    | 0.36%             | 2023-02-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| RETAIL OPPORTUNITY INVESTMENTS PARTNERSHIP, LP             | RETAIL OPPORTUNITY IN                              | CUSIP: 76132FAA5<br>LEI: 549300KH0PNTJK9NTE57 | Long             | DBT              | CORP              | US        |    500000 | PA      | $492515.00    | 0.18%             | 2023-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHASE AUTO CREDIT LINKED NOTES                             | CHASE AUTO CREDIT LINKED NOTES SERIES 2021 1       | CUSIP: 46591HBR0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    181516 | PA      | $175465.74    | 0.06%             | 2028-09-25      | Fixed         | 0.88%                 | Yes           |                  2 | On Loan: No      |
| BBCMS TRUST                                                | BARCLAYS COMMERCIAL MORTGAGE SECURITIES LLC        | CUSIP: 05492NAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $944785.35    | 0.34%             | 2034-11-25      | Floating      | 5.63%                 | Yes           |                  2 | On Loan: No      |
| TARGA RESOURCES CORP.                                      | TARGA RESOURCES CORP                               | CUSIP: 87613LN47<br>LEI: 5493003QENHHS261UR94 | Long             | STIV             | CORP              | US        |   1000000 | PA      | $999409.31    | 0.36%             |  |  |  | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                               | BX COMMERCIAL MORTGAGE TRUST 2021 XL2              | CUSIP: 05609KAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    926715 | PA      | $876602.35    | 0.32%             | 2036-10-15      | Floating      | 5.52%                 | Yes           |                  2 | On Loan: No      |
| AMER AIRLINE 16 2 B PTT                                    | AMER AIRLINE 16 2 B PTT                            | CUSIP: P2376GAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    690000 | PA      | $654927.30    | 0.24%             | 2025-12-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING, LP                                | DCP MIDSTREAM OPERATING LP                         | CUSIP: 23311VAD9<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $994150.00    | 0.36%             | 2023-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CHASE AUTO CREDIT LINKED NOTES                             | CHASE AUTO CREDIT LINKED NOTES SERIES 2021 1       | CUSIP: 46591HBS8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    363032 | PA      | $350436.54    | 0.13%             | 2028-09-25      | Fixed         | 1.02%                 | Yes           |                  2 | On Loan: No      |
| UBS AG LONDON BRANCH                                       | USB AG LONDON                                      | CUSIP: 902674YG9<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    500000 | PA      | $499180.00    | 0.18%             | 2023-06-01      | Floating      | 4.37%                 | Yes           |                  2 | On Loan: No      |
| OSCAR US FUNDING TRUST                                     | OSCAR US FUNDING XII LLC                           | CUSIP: 68785AAC9<br>LEI: 549300GTSLUONMR77U11 | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $969451.58    | 0.35%             | 2025-04-10      | Fixed         | 0.70%                 | Yes           |                  2 | On Loan: No      |
| HOUSTON GALLERIA MALL TRUST                                | HOUSTON GALLERIA MALL TRUST                        | CUSIP: 44217NAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $688993.56    | 0.25%             | 2037-03-05      | Fixed         | 3.09%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV                   | CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHO | CUSIP: 13080SD68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $454515.50    | 0.16%             | 2025-04-01      | Fixed         | 1.31%                 | No            |                  2 | On Loan: No      |
| HOWARD UNIVERSITY (THE)                                    | HOWARD UNIVERSITY                                  | CUSIP: 442851AE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $243555.00    | 0.09%             | 2023-10-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| OCTAGON INVESTMENT PARTNERS, LTD.                          | OCTAGON INVESTMENT PARTNERS XXI LTD                | CUSIP: 67590QBK2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $737023.50    | 0.27%             | 2031-02-14      | Floating      | 5.65%                 | Yes           |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS, LP                                 | EQM MIDSTREAM PARTNERS LP                          | CUSIP: 26885BAA8<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    875000 | PA      | $841977.50    | 0.30%             | 2024-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                   | LLOYDS BANKING GROUP PLC                           | CUSIP: 53944YAL7<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $242282.50    | 0.09%             | 2025-07-09      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| NP SPE X L P                                               | NP SPE II LLC                                      | CUSIP: 62947AAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    602667 | PA      | $533826.38    | 0.19%             | 2049-11-19      | Fixed         | 6.44%                 | Yes           |                  2 | On Loan: No      |
| BBCMS TRUST                                                | BBCMS 2020 BID MORTGAGE TRUST                      | CUSIP: 05493BAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1220000 | PA      | $1194617.24   | 0.43%             | 2037-10-15      | Floating      | 7.96%                 | Yes           |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP LLC                                 | AVIATION CAPTIAL GROUP                             | CUSIP: 05369CN37<br>LEI: 549300ODEK8HY3445C77 | Long             | STIV             | CORP              | US        |    500000 | PA      | $499753.84    | 0.18%             |  |  |  | Yes           |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS CLO LTD                             | GOLUB CAPITAL PARTNERS CLO 40A LTD                 | CUSIP: 38176EAL1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $976775.00    | 0.35%             | 2032-01-25      | Floating      | 5.45%                 | Yes           |                  2 | On Loan: No      |
| Santander Holdings USA, Inc.                               | SANTANDER HOLDINGS USA INC                         | CUSIP: 80282KBE5<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $991110.00    | 0.36%             | 2026-09-09      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL GLOBAL FUNDING                       | BRIGHTHOUSE FIN GLBL FUND                          | CUSIP: 10921U2B3<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $988700.00    | 0.36%             | 2024-04-12      | Floating      | 4.42%                 | Yes           |                  2 | On Loan: No      |
| EVERGREEN CREDIT CARD TRUST                                | EVERGREEN CREDIT CARD TRUST                        | CUSIP: 30023JCA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $997648.90    | 0.36%             | 2026-11-15      | Fixed         | 6.56%                 | Yes           |                  2 | On Loan: No      |
| MIDWEST CONNECTOR CAPITAL COMPANY LLC                      | MIDWEST CONNECTOR CAPITAL CO LLC                   | CUSIP: 59833CAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $968110.00    | 0.35%             | 2024-04-01      | Fixed         | 3.90%                 | Yes           |                  2 | On Loan: No      |
| COMM MORTGAGE TRUST                                        | COMM 2014 277P MORTGAGE TRUST                      | CUSIP: 12592FAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $946362.87    | 0.34%             | 2049-08-10      | Variable      | 3.61%                 | Yes           |                  2 | On Loan: No      |
| COMMERCIAL MORTGAGE RELATED SECURITIES                     | COMM MORTGAGE TRUST                                | CUSIP: 20048GAU0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1434501.72   | 0.52%             | 2034-06-15      | Floating      | 1.19%                 | Yes           |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNERS, LP                              | ENLINK MIDSTREAM PARTNERS LP                       | CUSIP: 29336UAB3<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |    948000 | PA      | $921323.28    | 0.33%             | 2024-04-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                     | STANDARD CHARTERED PLC                             | CUSIP: 853254CL2<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    750000 | PA      | $773640.00    | 0.28%             | 2025-11-16      | Fixed         | 7.78%                 | Yes           |                  2 | On Loan: No      |
| THE CHARLES SCHWAB CORPORATION                             | CHARLES SCHWAB CORP THE                            | CUSIP: 808513BQ7<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $968410.00    | 0.35%             | 2026-05-13      | Floating      | 4.48%                 | No            |                  2 | On Loan: No      |
| WESTLAKE AUTOMOBILE RECEIVABLES TRUST                      | WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2022 2       | CUSIP: 96042VAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $486806.98    | 0.18%             | 2026-04-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| DANSKE BANK A/S                                            | DANSKE BANK A S                                    | CUSIP: 23636ABA8<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |   1000000 | PA      | $911400.00    | 0.33%             | 2025-09-10      | Fixed         | 0.98%                 | Yes           |                  2 | On Loan: No      |
| DT AUTO OWNER TRUST                                        | DT AUTO OWNER TRUST                                | CUSIP: 26253WAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $478806.96    | 0.17%             | 2026-05-15      | Fixed         | 1.02%                 | Yes           |                  2 | On Loan: No      |
| EXTENDED STAY AMERICA TRUST                                | EXTENDED STAY AMERICA TRUST                        | CUSIP: 30227FAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    379630 | PA      | $363684.05    | 0.13%             | 2038-07-15      | Floating      | 5.25%                 | Yes           |                  2 | On Loan: No      |
| CENTERPOINT ENERGY, INC.                                   | CENTERPOINT ENERGY INC                             | CUSIP: 15189TAZ0<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1481670.00   | 0.54%             | 2024-05-13      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| MSILF Government Portfolio                                 | MSILF GOVERNMENT-INST                              | CUSIP: 61747C707<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    971421 | NS      | $971420.61    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroleos Mexicanos                                        | PETROLEOS MEXICANOS                                | CUSIP: 71654QBV3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   1000000 | PA      | $944490.00    | 0.34%             | 2025-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| GLS AUTO RECEIVABLES TRUST                                 | GLS AUTO RECEIVABLES ISSUER TRUST 2020 1           | CUSIP: 36258XAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     30886 | PA      | $30858.52     | 0.01%             | 2024-11-15      | Fixed         | 2.43%                 | Yes           |                  2 | On Loan: No      |
| ILLUMINA, INC.                                             | ILLUMINA INC                                       | CUSIP: 452327AN9<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |    750000 | PA      | $755812.50    | 0.27%             | 2025-12-12      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO.,LTD.                                      | NISSAN MOTOR CO LTD                                | CUSIP: 654744AB7<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    916000 | PA      | $851751.76    | 0.31%             | 2025-09-17      | Fixed         | 3.52%                 | Yes           |                  2 | On Loan: No      |
| METROPOLITAN EDISON COMPANY                                | METROPOLITAN EDISON CO                             | CUSIP: 591894CB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1434180.00   | 0.52%             | 2025-04-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: —       |
| ARES CAPITAL CORPORATION.                                  | ARES CAPITAL CORP                                  | CUSIP: 04010LAY9<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    500000 | PA      | $459960.00    | 0.17%             | 2025-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST                             | MORGAN STANLEY CAPITAL I TRUST                     | CUSIP: 61692AAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1153846 | PA      | $1053555.01   | 0.38%             | 2036-12-15      | Floating      | 5.62%                 | Yes           |                  2 | On Loan: No      |
| CHASE AUTO CREDIT LINKED NOTES                             | JPMORGAN CHASE BANK NA CACLN                       | CUSIP: 48128U2M0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    107756 | PA      | $102982.95    | 0.04%             | 2028-12-26      | Fixed         | 0.89%                 | Yes           |                  2 | On Loan: No      |
| SANTANDER BANK, N.A.                                       | SANTANDER BANK AUTO CREDIT LINKED NOTES SERIES 202 | CUSIP: 80290CAX2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    641091 | PA      | $638159.55    | 0.23%             | 2032-08-16      | Fixed         | 5.72%                 | Yes           |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                     | STANDARD CHARTERED PLC                             | CUSIP: 853254BJ8<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    156000 | PA      | $155198.16    | 0.06%             | 2024-03-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| WESTLAKE AUTOMOBILE RECEIVABLES TRUST                      | WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2021 3       | CUSIP: 96043JAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $701584.72    | 0.25%             | 2027-01-15      | Fixed         | 1.58%                 | Yes           |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                                    | GA GLOBAL FUNDING TRUST                            | CUSIP: 36143L2E4<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $973910.00    | 0.35%             | 2024-09-13      | Floating      | 4.67%                 | Yes           |                  2 | On Loan: No      |
| HSBC US GOVERNMENT MONEY MARKET FUND                       | HSBC US GOVT MMKT-I                                | CUSIP: 40428X107<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    971421 | NS      | $971420.63    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| DAE FUNDING LLC                                            | DAE FUNDING LLC                                    | CUSIP: 23371DAJ3<br>LEI: 635400SZTPQL3Y1P2C76 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1397730.00   | 0.51%             | 2024-08-01      | Fixed         | 1.55%                 | Yes           |                  2 | On Loan: No      |
| CANADIAN PACER AUTO RECEIVABLES TRUST                      | CANADIAN PACER AUTO RECEIVABLES TRUST              | CUSIP: 13646BAN8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    550000 | PA      | $548400.34    | 0.20%             | 2025-07-21      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                                    | GA GLOBAL FUNDING TRUST                            | CUSIP: 36143L2J3<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |    500000 | PA      | $479205.00    | 0.17%             | 2025-04-11      | Fixed         | 3.85%                 | Yes           |                  2 | On Loan: No      |
| PALMER SQUARE LOAN FUNDING LTD.                            | PALMER SQUARE LOAN FUNDING LTD                     | CUSIP: 69702BAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $970371.00    | 0.35%             | 2029-07-20      | Floating      | 5.64%                 | Yes           |                  2 | On Loan: No      |
| CIFC FUNDING LTD                                           | CIFC FUNDING 2017 IV LTD                           | CUSIP: 12551JAL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $691208.70    | 0.25%             | 2030-10-24      | Floating      | 5.27%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                   | UNITED STATES TREASURY BILL                        | CUSIP: 912796T33<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $994004.67    | 0.36%             | 2023-02-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST                        | EXETER AUTOMOBILE RECEIVABLES TRUST                | CUSIP: 30165XAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $721132.24    | 0.26%             | 2026-06-15      | Fixed         | 0.98%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                | BANK OF AMERICA CORP                               | CUSIP: 06051GJU4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    500000 | PA      | $492390.00    | 0.18%             | 2025-04-22      | Floating      | 4.50%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING                             | AVIS BUDGET RENTAL CAR FUNDING AESOP LLC           | CUSIP: 05377RDD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    615000 | PA      | $601823.81    | 0.22%             | 2025-03-20      | Fixed         | 4.27%                 | Yes           |                  2 | On Loan: No      |
| STRATUS CLO LTD.                                           | STRATUS CLO 2020 1 LTD                             | CUSIP: 863162AC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $962432.00    | 0.35%             | 2029-12-29      | Floating      | 5.64%                 | Yes           |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST                             | CARVANA AUTO RECEIVABLES TRUST                     | CUSIP: 14686UAF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    586181 | PA      | $581527.80    | 0.21%             | 2025-01-15      | Fixed         | 3.28%                 | Yes           |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                          | HSBC HOLDINGS PLC                                  | CUSIP: 404280DB2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $981190.00    | 0.36%             | 2026-03-10      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV       | PORT OF PORT ARTHUR NAVIGATION DISTRICT            | CUSIP: 735220AU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500000.00   | 0.54%             | 2040-04-01      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FUNDING                               | NEW YORK LIFE GLOBAL FDG                           | CUSIP: 64952WDZ3<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000350.00   | 0.36%             | 2023-02-02      | Floating      | 4.12%                 | Yes           |                  2 | On Loan: No      |
| CHASE AUTO CREDIT LINKED NOTES                             | JPMORGAN CHASE BANK NA                             | CUSIP: 46591HAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     74076 | PA      | $72946.76     | 0.03%             | 2028-01-25      | Fixed         | 0.99%                 | Yes           |                  2 | On Loan: No      |
| AMUR EQUIPMENT FINANCE RECEIVABLES LLC                     | AMUR EQUIPMENT FINANCE RECEIVABLES X LLC           | CUSIP: 03236VAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    478358 | PA      | $453975.89    | 0.16%             | 2027-10-20      | Fixed         | 1.64%                 | Yes           |                  2 | On Loan: No      |
| INVESCO GOVERNMENT & AGENCY PORTFOLIO                      | INVESCO GVT & AGNCY-INST                           | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    971421 | NS      | $971420.63    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Pass Through Trust                         | UNITED AIR 2020 1 B PTT                            | CUSIP: 90932VAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    576834 | PA      | $543019.99    | 0.20%             | 2027-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST                             | CARVANA AUTO RECEIVABLES TRUST                     | CUSIP: 14687HAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    307482 | PA      | $297066.73    | 0.11%             | 2028-09-11      | Fixed         | 0.83%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL, INC.                                         | BERRY GLOBAL INC                                   | CUSIP: 08579JBG6<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   1231833 | PA      | $1220636.01   | 0.44%             | 2026-07-01      | Floating      | 6.02%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP.                                      | TARGA RESOURCES CORP                               | CUSIP: 87613LN39<br>LEI: 5493003QENHHS261UR94 | Long             | STIV             | CORP              | US        |    750000 | PA      | $749646.33    | 0.27%             |  |  |  | Yes           |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST                        | EXETER AUTOMOBILE RECEIVABLES TRUST                | CUSIP: 30167JAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $487364.07    | 0.18%             | 2026-06-15      | Fixed         | 2.18%                 | No            |                  2 | On Loan: No      |
| AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST               | AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST       | CUSIP: 02530WAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $470011.18    | 0.17%             | 2028-03-13      | Fixed         | 2.12%                 | Yes           |                  2 | On Loan: No      |
| CABOT CORPORATION                                          | CABOT CORP                                         | CUSIP: 12705XN30<br>LEI: K05C0SER542GQ6VLRO68 | Long             | STIV             | CORP              | US        |   1200000 | PA      | $1199394.13   | 0.43%             |  |  |  | Yes           |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING                             | AVIS BUDGET RENTAL CAR FUNDING AESOP LLC           | CUSIP: 05377RCV4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    782500 | PA      | $780046.20    | 0.28%             | 2024-03-20      | Fixed         | 3.33%                 | Yes           |                  2 | On Loan: No      |
| PALMER SQUARE LOAN FUNDING LTD.                            | PALMER SQUARE LOAN FUNDING LTD                     | CUSIP: 69702DAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $485686.00    | 0.18%             | 2029-05-20      | Floating      | 4.23%                 | Yes           |                  2 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                              | GOLDMAN SACHS GROUP INC                            | CUSIP: 38141GYF5<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    500000 | PA      | $492230.00    | 0.18%             | 2024-09-10      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| CHASE AUTO CREDIT LINKED NOTES                             | CHASE AUTO CREDIT LINKED NOTES SERIES 2021 1       | CUSIP: 46591HBT6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    181516 | PA      | $174488.97    | 0.06%             | 2028-09-25      | Fixed         | 1.17%                 | Yes           |                  2 | On Loan: No      |
| OVINTIV INC.                                               | OVINTIV INC                                        | CUSIP: 69047KN43<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    750000 | PA      | $749494.48    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| AMUR EQUIPMENT FINANCE RECEIVABLES LLC                     | AMUR EQUIPMENT FINANCE RECEIVABLES X LLC           | CUSIP: 03236VAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    405000 | PA      | $366327.50    | 0.13%             | 2028-01-20      | Fixed         | 2.20%                 | Yes           |                  2 | On Loan: No      |
| WarnerMedia Holdings, Inc.                                 | MAGALLANES INC                                     | CUSIP: 55903VAA1<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $997300.00    | 0.36%             | 2024-03-15      | Floating      | 6.03%                 | Yes           |                  2 | On Loan: No      |
| THE CHEMOURS COMPANY                                       | CHEMOURS CO THE                                    | CUSIP: 16384YAF4<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1469760.00   | 0.53%             | 2025-04-03      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| ENEL Finance International N.V.                            | ENEL FINANCE INTERNATIONAL NV                      | CUSIP: 29278GAZ1<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $515360.00    | 0.19%             | 2025-10-14      | Fixed         | 6.80%                 | Yes           |                  2 | On Loan: No      |
| TYCO ELECTRONICS GROUP S.A.                                | TYCO ELECTRONICS GRP SA                            | CUSIP: 90212JN33<br>LEI: C33G1C5SYE2YM95EE712 | Long             | STIV             | CORP              | LU        |   1000000 | PA      | $999495.11    | 0.36%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CENTERPOINT ENERGY, INC.                                   | CENTERPOINT ENERGY                                 | CUSIP: 1518T3N32<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | STIV             | CORP              | US        |   1000000 | PA      | $999494.89    | 0.36%             |  |  |  | Yes           |                  2 | On Loan: No      |
| FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST             | FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST     | CUSIP: 35105JAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    591355 | PA      | $583434.49    | 0.21%             | 2025-09-15      | Fixed         | 1.15%                 | Yes           |                  2 | On Loan: No      |
| American Airlines Pass Through Trust                       | AMERICAN AIRLINES 2013 2 CLASS A                   | CUSIP: 02377UAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    383110 | PA      | $381581.68    | 0.14%             | 2024-07-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA INDL DEV AUTH REV                        | ALLEGHENY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY  | CUSIP: 017292SQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.36%             | 2027-11-01      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                      | CHARTER COMMUNICATIONS OPERATING LLC               | CUSIP: 16117LBW8<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    994778 | PA      | $988093.15    | 0.36%             | 2025-04-30      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| AUSTIN FAIRMONT HOTEL TRUST                                | AUSTIN FAIRMONT HOTEL TRUST                        | CUSIP: 05223HAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $968393.59    | 0.35%             | 2032-09-15      | Floating      | 5.77%                 | Yes           |                  2 | On Loan: No      |
| FIDELITY & GUARANTY LIFE HOLDINGS, INC.                    | FIDELITY GUARANTY LIFE HOLDINGS INC                | CUSIP: 315786AC7<br>LEI: 549300WCR5QBFH98VZ75 | Long             | DBT              | CORP              | US        |    750000 | PA      | $739440.00    | 0.27%             | 2025-05-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Deutsche Bank AG (New York Branch)                         | DEUTSCHE BANK NY                                   | CUSIP: 251526BS7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    816000 | PA      | $816473.28    | 0.30%             | 2023-02-27      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| CONN'S RECEIVABLES FUNDING LLC                             | CONN FUNDING II LP                                 | CUSIP: 20825YAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $495884.97    | 0.18%             | 2026-12-15      | Fixed         | 9.52%                 | Yes           |                  2 | On Loan: No      |
| ENTERPRISE FLEET FINANCING LLC                             | ENTERPRISE FLEET FINANCING 2022 4 LLC              | CUSIP: 29374GAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $752497.50    | 0.27%             | 2029-10-22      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| AVOLON HOLDINGS FUNDING LIMITED                            | AVOLON HOLDINGS FNDG LTD                           | CUSIP: 05401AAB7<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    500000 | PA      | $494720.00    | 0.18%             | 2023-10-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                               | BX COMMERCIAL MORTGAGE TRUST 2021 CIP              | CUSIP: 12434FAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $951578.52    | 0.34%             | 2028-12-15      | Floating      | 5.79%                 | Yes           |                  2 | On Loan: No      |
| GLS AUTO RECEIVABLES TRUST                                 | GLS AUTO RECEIVABLES ISSUER TRUST 2021 3           | CUSIP: 36263LAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    722000 | PA      | $676428.91    | 0.24%             | 2026-09-15      | Fixed         | 1.11%                 | Yes           |                  2 | On Loan: No      |
| XPO, INC.                                                  | XPO LOGISTICS INC                                  | CUSIP: 98379EAE6<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $994530.00    | 0.36%             | 2025-02-23      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| CREDIT ACCEPTANCE AUTO LOAN TRUST                          | CREDIT ACCEPTANCE AUTO LOAN TRUST 2020 2           | CUSIP: 22535MAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $956141.47    | 0.35%             | 2029-11-15      | Fixed         | 2.73%                 | Yes           |                  2 | On Loan: No      |
| Nordea Bank Abp                                            | NORDEA BANK ABP                                    | CUSIP: 65557CAZ6<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |   1000000 | PA      | $1000690.00   | 0.36%             | 2023-08-30      | Floating      | 5.67%                 | Yes           |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                | BANK OF AMERICA CORP                               | CUSIP: 06051GHE2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999270.00    | 0.36%             | 2024-03-05      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL, LLC                                        | BMW US CAPITAL LLC                                 | CUSIP: 05565EBV6<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |    500000 | PA      | $494775.00    | 0.18%             | 2024-08-12      | Floating      | 4.35%                 | Yes           |                  2 | On Loan: No      |
| WESTPAC BANKING CORPORATION                                | WESTPAC BANKING CORP                               | CUSIP: 961214ES8<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |   1500000 | PA      | $1467825.00   | 0.53%             | 2026-06-03      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY RESOURCES CORP.                         | CENTREPOINT ENERGY RES                             | CUSIP: 15189WAN0<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |    718000 | PA      | $717669.72    | 0.26%             | 2023-03-02      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                               | BX TRUST                                           | CUSIP: 056054AG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    488750 | PA      | $472608.30    | 0.17%             | 2036-10-15      | Floating      | 5.90%                 | Yes           |                  2 | On Loan: No      |
| NEWELL BRANDS INC.                                         | NEWELL BRANDS INC                                  | CUSIP: 65120NN60<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | STIV             | CORP              | US        |   2600000 | PA      | $2597537.96   | 0.94%             |  |  |  | Yes           |                  2 | On Loan: No      |
| JABIL INC.                                                 | JABIL INC                                          | CUSIP: 46652MN50<br>LEI: 5493000CGCQY2OQU7669 | Long             | STIV             | CORP              | US        |    750000 | PA      | $749367.38    | 0.27%             |  |  |  | Yes           |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                       | JPMORGAN CHASE CO                                  | CUSIP: 46647PCG9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    500000 | PA      | $490560.00    | 0.18%             | 2025-06-01      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| ALEXANDER FUNDING TRUST                                    | ALEXANDER FUNDING TRUST                            | CUSIP: 014621AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $945160.00    | 0.34%             | 2023-11-15      | Fixed         | 1.84%                 | Yes           |                  2 | On Loan: No      |
| CONAGRA BRANDS, INC.                                       | CONAGRA BRANDS INC                                 | CUSIP: 20600HN34<br>LEI: 54930035UDEIH090K650 | Long             | STIV             | CORP              | US        |   1000000 | PA      | $999472.89    | 0.36%             |  |  |  | Yes           |                  2 | On Loan: No      |
| PAWNEE EQUIPMENT RECEIVABLES LLC                           | PAWNEE EQUIPMENT RECEIVABLES                       | CUSIP: 70410LAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     54091 | PA      | $53409.80     | 0.02%             | 2025-11-17      | Fixed         | 1.37%                 | Yes           |                  2 | On Loan: No      |
| HIKMA FINANCE USA LLC                                      | HIKMA FINANCE USA LLC                              | CUSIP: N/A<br>LEI: 213800BU7YH2WTM1QL87       | Long             | DBT              | CORP              | US        |    500000 | PA      | $463680.00    | 0.17%             | 2025-07-09      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                      | CHARTER COMMUNICATIONS                             | CUSIP: 161175BP8<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1005000.00   | 0.36%             | 2024-02-01      | Floating      | 6.09%                 | No            |                  2 | On Loan: No      |
| PARK AEROSPACE HOLDINGS LIMITED                            | PARK AEROSPACE HOLDINGS LTD                        | CUSIP: 70014LAC4<br>LEI: 635400CPI3EOIFF6OC33 | Long             | DBT              | CORP              | KY        |    750000 | PA      | $748125.00    | 0.27%             | 2023-03-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE CORPORATION                         | AMERICAN HONDA FINANCE                             | CUSIP: 02665WDG3<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    360000 | PA      | $359895.60    | 0.13%             | 2023-05-10      | Floating      | 4.96%                 | No            |                  2 | On Loan: —       |
| FIFTH THIRD BANK, NATIONAL ASSOCIATION                     | FIFTH THIRD BANK NA                                | CUSIP: 31677QBT5<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |    500000 | PA      | $504665.00    | 0.18%             | 2025-10-27      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| CPS AUTO RECEIVABLES TRUST                                 | CPS AUTO RECEIVABLES TRUST 2022 D                  | CUSIP: 12663UAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    686550 | PA      | $689380.54    | 0.25%             | 2027-01-15      | Fixed         | 6.09%                 | Yes           |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                       | JPMORGAN CHASE CO                                  | CUSIP: 46647PCQ7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $965370.00    | 0.35%             | 2027-09-22      | Floating      | 5.07%                 | No            |                  2 | On Loan: —       |
| LLOYDS BANKING GROUP PLC                                   | LLOYDS BANKING GROUP PLC                           | CUSIP: 53944YAR4<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    750000 | PA      | $713002.50    | 0.26%             | 2026-03-18      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                               | BX TRUST                                           | CUSIP: 056054AF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    850000 | PA      | $827944.26    | 0.30%             | 2036-10-15      | Floating      | 5.70%                 | Yes           |                  2 | On Loan: No      |
| BARCLAYS PLC                                               | BARCLAYS PLC                                       | CUSIP: 06738ECC7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | RF                | GB        |    500000 | PA      | $518395.00    | 0.19%             | 2026-11-02      | Fixed         | 7.33%                 | No            |                  2 | On Loan: No      |
| NATWEST MARKETS PLC                                        | NATWEST MARKETS PLC                                | CUSIP: 63906YAF5<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $495155.00    | 0.18%             | 2025-03-22      | Floating      | 5.75%                 | Yes           |                  2 | On Loan: —       |
| BX COMMERCIAL MORTGAGE TRUST                               | BX COMMERCIAL MORTGAGE TRUST 2021 CIP              | CUSIP: 12434FAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $480535.25    | 0.17%             | 2028-12-15      | Floating      | 5.59%                 | Yes           |                  2 | On Loan: No      |
| HPEFS EQUIPMENT TRUST                                      | HPEFS EQUIPMENT TRUST 2021 2                       | CUSIP: 40441JAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    721000 | PA      | $679590.41    | 0.25%             | 2028-09-20      | Fixed         | 0.88%                 | Yes           |                  2 | On Loan: No      |
| LITTLE COMPANY OF MARY HOSPITAL OF INDIANA, INC.           | LITTLE CO OF MARY HOSPITAL OF INDIANA INC          | CUSIP: 53706RAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    670000 | PA      | $607502.40    | 0.22%             | 2025-11-01      | Fixed         | 1.97%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK OF AUSTRALIA                             | COMMONWEALTH BANK OF AUSTRALIA                     | CUSIP: 2027A0KE8<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |   1500000 | PA      | $1467885.00   | 0.53%             | 2026-06-15      | Floating      | 4.77%                 | Yes           |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST                        | EXETER AUTOMOBILE RECEIVABLES TRUST                | CUSIP: 30167JAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $496706.27    | 0.18%             | 2025-07-15      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| ANTARES HOLDINGS LP                                        | ANTARES HOLDINGS                                   | CUSIP: 03666HAA9<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | US        |   1107000 | PA      | $1087594.29   | 0.39%             | 2023-08-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| HPLY TRUST 2019-HIT                                        | HOSPITALITY MORTGAGE TRUST                         | CUSIP: 40443RAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    803967 | PA      | $783123.15    | 0.28%             | 2036-11-15      | Floating      | 5.32%                 | Yes           |                  2 | On Loan: No      |
| CPS AUTO RECEIVABLES TRUST                                 | CPS AUTO RECEIVABLES TRUST 2022 D                  | CUSIP: 12663UAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $505210.29    | 0.18%             | 2029-01-16      | Fixed         | 6.84%                 | Yes           |                  2 | On Loan: No      |
| SMRT COMMERCIAL MORTGAGE TRUST                             | SMRT 2022 MINI                                     | CUSIP: 78457JAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $959684.23    | 0.35%             | 2024-01-15      | Floating      | 5.69%                 | Yes           |                  2 | On Loan: No      |
| CROWN CASTLE INC.                                          | CROWN CASTLE INTL CORP                             | CUSIP: 22823QNA5<br>LEI: 54930012H97VSM0I2R19 | Long             | STIV             | CORP              | US        |   1500000 | PA      | $1497760.13   | 0.54%             |  |  |  | Yes           |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                          | HSBC HOLDINGS PLC                                  | CUSIP: 404280CZ0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $976110.00    | 0.35%             | 2024-11-22      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| WEIR GROUP PLC(THE)                                        | WEIR GROUP PLC THE                                 | CUSIP: 94876QAA4<br>LEI: 549300KDR56WHY9I3D10 | Long             | DBT              | CORP              | GB        |    900000 | PA      | $801342.00    | 0.29%             | 2026-05-13      | Fixed         | 2.20%                 | Yes           |                  2 | On Loan: No      |
| NOVA Chemicals Corporation                                 | NOVA CHEMICALS CORP                                | CUSIP: 66977WAQ2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1312000 | PA      | $1271013.12   | 0.46%             | 2024-06-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| AIRCASTLE LIMITED                                          | AIRCASTLE LTD                                      | CUSIP: 00928QAR2<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    451000 | PA      | $446201.36    | 0.16%             | 2023-09-25      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| MASTER CREDIT CARD TRUST II                                | MASTER CREDIT CARD TRUST                           | CUSIP: 576339BP9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    550000 | PA      | $549394.07    | 0.20%             | 2024-07-21      | Fixed         | 3.74%                 | Yes           |                  2 | On Loan: No      |
| PDC ENERGY, INC.                                           | PDC ENERGY INC                                     | CUSIP: 69327RAJ0<br>LEI: 5493008W8H2T511J5Y59 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1426815.00   | 0.52%             | 2026-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY, INC.                     | GENERAL MOTORS FINL CO                             | CUSIP: 37045XDF0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1474545.00   | 0.53%             | 2024-03-08      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| NEW ECONOMY ASSETS PHASE I SPONSOR LLC                     | NEW ECONOMY ASSETS PHASE 1 SPONSOR LLC             | CUSIP: 643821AB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    293000 | PA      | $240703.84    | 0.09%             | 2061-10-20      | Fixed         | 2.41%                 | Yes           |                  2 | On Loan: No      |
| PALMER SQUARE LOAN FUNDING LTD.                            | PALMER SQUARE LOAN FUNDING LTD                     | CUSIP: 69702QAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $743895.75    | 0.27%             | 2035-07-15      | Floating      | 4.47%                 | Yes           |                  2 | On Loan: No      |
| SANTANDER BANK, N.A.                                       | SANTANDER BANK AUTO CREDIT LINKED NOTES SERIES 202 | CUSIP: 80290CAZ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    427394 | PA      | $425460.47    | 0.15%             | 2032-08-16      | Fixed         | 6.79%                 | Yes           |                  2 | On Loan: No      |
| BBCMS TRUST                                                | BBCMS 2020 BID MORTGAGE TRUST                      | CUSIP: 05493BAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $293181.51    | 0.11%             | 2037-10-15      | Floating      | 6.86%                 | Yes           |                  2 | On Loan: No      |
| NORDSTROM, INC.                                            | NORDSTROM INC                                      | CUSIP: 655664AX8<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $936850.00    | 0.34%             | 2024-04-08      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| CPS AUTO RECEIVABLES TRUST                                 | CPS AUTO RECEIVABLES TRUST 2022 B                  | CUSIP: 12663BAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    674211 | PA      | $663250.98    | 0.24%             | 2026-06-15      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| MHC COMMERCIAL MORTGAGE TRUST                              | MHC COMMERCIAL MORTGAGE TRUST 2021 MHC             | CUSIP: 55316VAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $957899.11    | 0.35%             | 2026-04-15      | Floating      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| PALMER SQUARE LOAN FUNDING LTD.                            | PALMER SQUARE LOAN FUNDING LTD                     | CUSIP: 69702DAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    674155 | PA      | $665574.08    | 0.24%             | 2029-05-20      | Floating      | 3.78%                 | Yes           |                  2 | On Loan: No      |
| STATE PUB SCH BLDG AUTH PA LEASE REV                       | STATE PUBLIC SCHOOL BUILDING AUTHORITY             | CUSIP: 85732GWA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $446959.35    | 0.16%             | 2023-04-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| ALIGNED DATA CENTERS                                       | ALIGNED DATA CENTERS ISSUER LLC                    | CUSIP: 01627AAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1276580.19   | 0.46%             | 2046-08-15      | Fixed         | 1.94%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP INC.                                             | CITIGROUP INC                                      | CUSIP: 17327CAP8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $972530.00    | 0.35%             | 2026-01-25      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE AG (NEW YORK BRANCH)                         | CREDIT SUISSE NEW YORK                             | CUSIP: 22550UAB7<br>LEI: 549300D0YARF5HYP1809 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1429080.00   | 0.52%             | 2024-02-02      | Floating      | 4.29%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LIFE GLOBAL FUNDING II                           | PRINCIPAL LIFE GLOBAL FUNDING II                   | CUSIP: 74256LER6<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $987750.00    | 0.36%             | 2024-08-23      | Floating      | 4.38%                 | Yes           |                  2 | On Loan: No      |
| BX TRUST                                                   | BX TRUST                                           | CUSIP: 12433EAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $477518.13    | 0.17%             | 2039-01-15      | Floating      | 5.09%                 | Yes           |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST                             | CARVANA AUTO RECEIVABLES TRUST 2021 N2             | CUSIP: 14686KAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    181152 | PA      | $167404.50    | 0.06%             | 2028-03-10      | Fixed         | 1.07%                 | No            |                  2 | On Loan: No      |
| ASSOCIATION OF AMERICAN MEDICAL COLLEGES                   | AMERICAN MEDICAL COLLEGE                           | CUSIP: 04609QAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $936162.27    | 0.34%             | 2024-10-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| CHASE AUTO CREDIT LINKED NOTES                             | JPMORGAN CHASE BANK NA                             | CUSIP: 46591HAY6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140890 | PA      | $137662.97    | 0.05%             | 2028-02-25      | Fixed         | 1.49%                 | Yes           |                  2 | On Loan: No      |
| HERTZ VEHICLE FINANCING III LLC                            | HERTZ VEHICLE FINANCING LLC                        | CUSIP: 42806MAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $458111.36    | 0.17%             | 2025-12-26      | Fixed         | 1.56%                 | Yes           |                  2 | On Loan: No      |
| PALMER SQUARE LOAN FUNDING LTD.                            | PALMER SQUARE LOAN FUNDING LTD                     | CUSIP: 69701YAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    284217 | PA      | $281359.51    | 0.10%             | 2029-04-20      | Floating      | 3.61%                 | Yes           |                  2 | On Loan: No      |
| CREDIT AGRICOLE S.A. LONDON BRANCH                         | CREDIT AGRICOLE SA LONDON                          | CUSIP: 22535WAF4<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $2001900.00   | 0.72%             | 2023-04-24      | Floating      | 5.34%                 | Yes           |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP.                                       | FS KKR CAPITAL CORP                                | CUSIP: 302635AE7<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $939770.00    | 0.34%             | 2025-02-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: —       |
| Bharti Airtel International (Netherlands) B.V.             | BHARTI AIRTEL INTERNATIONAL NETHERLANDS BV         | CUSIP: 08861JAB5<br>LEI: 724500ULW6PWKDAI7I46 | Long             | DBT              | CORP              | NL        |   1000000 | PA      | $994460.00    | 0.36%             | 2024-05-20      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: No      |
| ARES CAPITAL CORPORATION.                                  | ARES CAPITAL CORP                                  | CUSIP: 04010LAU7<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    500000 | PA      | $498915.00    | 0.18%             | 2023-02-10      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KNDL KNSQ MORTGAGE TRUST                                   | KNDL MORTGAGE TRUST                                | CUSIP: 482598AG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $982179.81    | 0.36%             | 2036-05-15      | Floating      | 4.83%                 | Yes           |                  2 | On Loan: No      |
| UNITED AUTO CREDIT SECURITIZATION TRUST                    | UNITED AUTO CREDIT SECURITIZATION TRUST 2022 1     | CUSIP: 90944DAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $480658.20    | 0.17%             | 2027-06-10      | Fixed         | 2.61%                 | Yes           |                  2 | On Loan: No      |
| BBVA Bancomer SA (Houston Branch)                          | BBVA BANCOMER SA TEXAS                             | CUSIP: 05533UAH1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $457710.00    | 0.17%             | 2025-09-18      | Fixed         | 1.88%                 | Yes           |                  2 | On Loan: No      |
| SAN ANTONIO TEX ED FACS CORP REV                           | SAN ANTONIO EDUCATION FACILITIES CORP              | CUSIP: 796247DM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $232543.94    | 0.08%             | 2025-04-01      | Fixed         | 1.74%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LIMITED                                          | AIRCASTLE LTD                                      | CUSIP: 00928QAQ4<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    750000 | PA      | $724920.00    | 0.26%             | 2024-05-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER, S.A.                                      | BANCO SANTANDER SA                                 | CUSIP: 05964HAH8<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    400000 | PA      | $399856.00    | 0.14%             | 2023-04-12      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| HARVEST OPERATIONS CORP.                                   | HARVEST OPERATIONS CORP                            | CUSIP: 41754WAT8<br>LEI: B1EEF6ML54YDWRC6ZK53 | Long             | DBT              | CORP              | CA        |    714000 | PA      | $674672.88    | 0.24%             | 2024-04-26      | Fixed         | 1.00%                 | Yes           |                  2 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST                     | SANTANDER DRIVE AUTO RECEIVABLES TRUST 2022 1      | CUSIP: 80286EAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    115073 | PA      | $114712.65    | 0.04%             | 2024-12-16      | Fixed         | 1.36%                 | No            |                  2 | On Loan: No      |
| GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV | GOLDEN STATE TOBACCO SECURITIZATION CORP           | CUSIP: 38122NA69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $471428.00    | 0.17%             | 2024-06-01      | Fixed         | 0.99%                 | No            |                  2 | On Loan: No      |
| HPLY TRUST 2019-HIT                                        | HOSPITALITY MORTGAGE TRUST                         | CUSIP: 40443RAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1148524 | PA      | $1107197.77   | 0.40%             | 2036-11-15      | Floating      | 5.67%                 | Yes           |                  2 | On Loan: No      |
| NRG ENERGY, INC.                                           | NRG ENERGY INC                                     | CUSIP: 629377CK6<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    500000 | PA      | $481520.00    | 0.17%             | 2024-06-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| ENTERPRISE FLEET FINANCING LLC                             | ENTERPRISE FLEET FINANCING 2022 2 LLC              | CUSIP: 29374JAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    270000 | PA      | $266236.74    | 0.10%             | 2029-05-21      | Fixed         | 4.65%                 | Yes           |                  2 | On Loan: No      |
| JABIL INC.                                                 | JABIL INC                                          | CUSIP: 46652MN43<br>LEI: 5493000CGCQY2OQU7669 | Long             | STIV             | CORP              | US        |   1000000 | PA      | $999298.19    | 0.36%             |  |  |  | Yes           |                  2 | On Loan: No      |
| SOUND POINT CLO                                            | SOUND POINT CLO VIII R LTD                         | CUSIP: 83607HAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1474791.00   | 0.53%             | 2030-04-15      | Floating      | 5.16%                 | Yes           |                  2 | On Loan: No      |
| CONN'S RECEIVABLES FUNDING LLC                             | CONN S RECEIVABLES FUNDING 2022 A LLC              | CUSIP: 20825YAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    192760 | PA      | $192452.14    | 0.07%             | 2026-12-15      | Fixed         | 1.05%                 | Yes           |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST                        | EXETER AUTOMOBILE RECEIVABLES TRUST 2022 5         | CUSIP: 30167FAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $498481.34    | 0.18%             | 2026-04-15      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| LAD AUTO RECEIVABLES TRUST                                 | LAD AUTO RECEIVABLES TRUST 2022 1                  | CUSIP: 501687AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    598338 | PA      | $588490.77    | 0.21%             | 2027-06-15      | Fixed         | 5.21%                 | Yes           |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING                             | AVIS BUDGET RENTAL CAR FUNDING AESOP LLC           | CUSIP: 05377RFV1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $755959.17    | 0.27%             | 2027-04-20      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| MEADE CNTY KY INDL BLDG REV                                | MEADE CNTY KY INDL BLDG REVENUE                    | CUSIP: 583022AE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500000.00   | 0.91%             | 2061-08-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| SANTANDER CONSUMER AUTO RECEIVABLES TRUST                  | SANTANDER CONSUMER AUTO RECEIVABLES TRUST          | CUSIP: 80281MAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $493446.40    | 0.18%             | 2026-04-15      | Fixed         | 5.49%                 | Yes           |                  2 | On Loan: No      |
| BANQUE ROYALE DU CANADA                                    | ROYAL BANK OF CANADA                               | CUSIP: 78016EZV2<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $988110.00    | 0.36%             | 2024-07-29      | Floating      | 4.21%                 | No            |                  2 | On Loan: —       |
| COMM MORTGAGE TRUST                                        | COMM 2020 CBM MORTGAGE TRUST                       | CUSIP: 20049AAF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $900408.20    | 0.33%             | 2039-11-13      | Fixed         | 3.40%                 | Yes           |                  2 | On Loan: No      |
| AVOLON HOLDINGS FUNDING LIMITED                            | AVOLON HOLDINGS FNDG LTD                           | CUSIP: 05401AAH4<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   1000000 | PA      | $923900.00    | 0.33%             | 2025-02-15      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| GLP Capital, L.P.                                          | GLP CAPITAL LP GLP FINANCING II INC                | CUSIP: 361841AN9<br>LEI: 2549005PXW31DRW8EC44 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $957540.00    | 0.35%             | 2024-09-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP.                                      | TARGA RESOURCES CORP                               | CUSIP: 87613LN62<br>LEI: 5493003QENHHS261UR94 | Long             | STIV             | CORP              | US        |   1000000 | PA      | $999169.72    | 0.36%             |  |  |  | Yes           |                  2 | On Loan: No      |
| PROGRESS RESIDENTIAL MASTER TRUST                          | PROGRESS RESIDENTIAL TRUST                         | CUSIP: 74333FAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $522140.18    | 0.19%             | 2026-07-16      | Fixed         | 1.66%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                   | U S TREASURY BILL                                  | CUSIP: 912796CT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $988117.77    | 0.36%             | 2023-04-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ATMOS ENERGY CORPORATION                                   | ATMOS ENERGY CORP                                  | CUSIP: 049560AV7<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1498980.00   | 0.54%             | 2023-03-09      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECHNOLOGY PLC                          | INTERNATIONAL GAME TECHNOLOGY PLC                  | CUSIP: 460599AF0<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |   1030000 | PA      | $963801.90    | 0.35%             | 2026-04-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                      | ATHENE GLOBAL FUNDING                              | CUSIP: 04685A2T7<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1487385.00   | 0.54%             | 2024-01-08      | Floating      | 4.56%                 | Yes           |                  2 | On Loan: No      |
| AUSTIN FAIRMONT HOTEL TRUST                                | AUSTIN FAIRMONT HOTEL TRUST                        | CUSIP: 05223HAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $971025.44    | 0.35%             | 2032-09-15      | Floating      | 5.57%                 | Yes           |                  2 | On Loan: No      |
| CHASE AUTO CREDIT LINKED NOTES                             | JPMORGAN CHASE BANK NA CACLN                       | CUSIP: 48128U2N8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    285339 | PA      | $271993.46    | 0.10%             | 2028-12-26      | Fixed         | 0.97%                 | Yes           |                  2 | On Loan: No      |
| GRAY OAK PIPELINE, LLC                                     | GRAY OAK PIPELINE LLC                              | CUSIP: 38937LAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1362105.00   | 0.49%             | 2025-10-15      | Fixed         | 2.60%                 | Yes           |                  2 | On Loan: No      |
| CREDIT ACCEPTANCE AUTO LOAN TRUST                          | CREDIT ACCEPTANCE AUTO LOAN TRUST                  | CUSIP: 22535KAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    134289 | PA      | $134077.45    | 0.05%             | 2029-01-16      | Fixed         | 2.86%                 | Yes           |                  2 | On Loan: No      |
| NATWEST MARKETS PLC                                        | NATWEST MARKETS PLC                                | CUSIP: 63906YAE8<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $952840.00    | 0.34%             | 2026-09-29      | Floating      | 5.06%                 | Yes           |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC.                                      | FREEPORT MCMORAN INC                               | CUSIP: 35671DAZ8<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |    700000 | PA      | $698572.00    | 0.25%             | 2023-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                         | ENERGY TRANSFER PART LP                            | CUSIP: 29277FN56<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | STIV             | CORP              | US        |    500000 | PA      | $499594.92    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST     | JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRU | CUSIP: 46639JAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1478898.11   | 0.54%             | 2047-12-15      | Variable      | 3.67%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER, S.A.                                      | BANCO SANTANDER SA                                 | CUSIP: 05964HAD7<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   1000000 | PA      | $1000470.00   | 0.36%             | 2023-02-23      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACER AUTO RECEIVABLES TRUST                      | CANADIAN PACER AUTO RECEIVABLES                    | CUSIP: 13646BAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $498571.55    | 0.18%             | 2024-10-21      | Fixed         | 3.16%                 | Yes           |                  2 | On Loan: No      |
| CPS AUTO RECEIVABLES TRUST                                 | CPS AUTO RECEIVABLES TRUST 2022 A                  | CUSIP: 12659WAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    402896 | PA      | $396709.08    | 0.14%             | 2029-04-16      | Fixed         | 0.98%                 | Yes           |                  2 | On Loan: No      |
| TTAN MHC                                                   | TTAN                                               | CUSIP: 87303TAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    366537 | PA      | $351448.84    | 0.13%             | 2038-03-15      | Floating      | 4.98%                 | Yes           |                  2 | On Loan: No      |
| Deutsche Bank Aktiengesellschaft                           | DEUTSCHE BANK AG                                   | CUSIP: 251525AP6<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   1000000 | PA      | $951860.00    | 0.34%             | 2025-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| The Huntington National Bank                               | HUNTINGTON NATIONAL BANK THE                       | CUSIP: 44644MAH4<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |    750000 | PA      | $752280.00    | 0.27%             | 2025-11-18      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL CORPORATION                                     | MURPHY OIL CORP                                    | CUSIP: 626717AJ1<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |    554000 | PA      | $550321.44    | 0.20%             | 2025-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| MED TRUST                                                  | MED TRUST 2021 MDLN                                | CUSIP: 58403YAK2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $944159.36    | 0.34%             | 2026-11-15      | Floating      | 5.77%                 | Yes           |                  2 | On Loan: No      |
| CHASE AUTO CREDIT LINKED NOTES                             | JPMORGAN CHASE BANK NA CACLN                       | CUSIP: 46591HCE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    261463 | PA      | $245974.58    | 0.09%             | 2029-02-26      | Fixed         | 0.86%                 | Yes           |                  2 | On Loan: No      |
| STRATUS CLO LTD.                                           | STRATUS CLO 2021 3 LTD                             | CUSIP: 86315WAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    822000 | PA      | $793459.34    | 0.29%             | 2029-12-29      | Floating      | 5.79%                 | Yes           |                  2 | On Loan: No      |
| FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST             | FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST     | CUSIP: 35105UAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    821000 | PA      | $775336.46    | 0.28%             | 2027-07-15      | Fixed         | 1.31%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST               | AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST       | CUSIP: 02530WAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $974471.19    | 0.35%             | 2026-09-14      | Fixed         | 1.68%                 | Yes           |                  2 | On Loan: No      |
| DT AUTO OWNER TRUST                                        | DT AUTO OWNER TRUST                                | CUSIP: 23345YAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $474549.66    | 0.17%             | 2027-11-15      | Fixed         | 2.96%                 | Yes           |                  2 | On Loan: No      |
| UBS AG LONDON BRANCH                                       | UBS AG LONDON                                      | CUSIP: 902674YC8<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    500000 | PA      | $497330.00    | 0.18%             | 2024-02-09      | Floating      | 4.31%                 | Yes           |                  2 | On Loan: No      |
| MERCEDES-BENZ FINANCE NORTH AMERICA LLC                    | DAIMLER FINANCE NORTH AMERICA LLC                  | CUSIP: U2339CDH8<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1150816.50   | 0.42%             | 2023-05-04      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP LLC                                 | AVIATION CAPITAL GROUP LLC                         | CUSIP: 05369AAF8<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |   1280000 | PA      | $1249152.00   | 0.45%             | 2024-01-30      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: —       |
| CIFC FUNDING LTD                                           | CIFC FUNDING 2012 II R LTD                         | CUSIP: 12551PAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    569575 | PA      | $565455.44    | 0.20%             | 2028-01-20      | Floating      | 5.04%                 | Yes           |                  2 | On Loan: No      |
| GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND             | GLDMN SCHS FIN SQ GV-FST                           | CUSIP: 38141W273<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    971421 | NS      | $971420.63    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH REV                           | NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY          | CUSIP: 64577B8A5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $310148.80    | 0.11%             | 2024-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST                     | SANTANDER DRIVE AUTO RECEIVABLES TRUST 2021 4      | CUSIP: 80285VAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $475622.90    | 0.17%             | 2027-02-16      | Fixed         | 1.26%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BANK LIMITED                            | NATIONAL AUSTRALIA BANK LTD                        | CUSIP: 6325C0EC1<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |   1250000 | PA      | $1223275.00   | 0.44%             | 2027-01-12      | Floating      | 4.31%                 | Yes           |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING                             | AVIS BUDGET RENTAL CAR FUNDING AESOP LLC           | CUSIP: 05377RCZ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1975756.70   | 0.72%             | 2024-09-20      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                                | VERIZON COMMUNICATIONS                             | CUSIP: 92343VGE8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1464690.00   | 0.53%             | 2026-03-20      | Floating      | 5.10%                 | No            |                  2 | On Loan: —       |
| PRESTIGE AUTO RECEIVABLES TRUST                            | PRESTIGE AUTO RECEIVABLES TRUST 2018 1             | CUSIP: 74114NAL1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    330369 | PA      | $329619.01    | 0.12%             | 2024-10-15      | Fixed         | 4.14%                 | Yes           |                  2 | On Loan: No      |
| BANK OF THE WEST AUTO TRUST                                | BANK OF THE WEST AUTO TRUST 2019 1                 | CUSIP: 065606AF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $982343.82    | 0.36%             | 2025-04-15      | Fixed         | 2.90%                 | Yes           |                  2 | On Loan: No      |
| NMEF FUNDING LLC                                           | NMEF FUNDING 2022 B LLC                            | CUSIP: 62890MAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $996929.48    | 0.36%             | 2029-06-15      | Fixed         | 6.07%                 | Yes           |                  2 | On Loan: No      |
| CITIZENS BANK, NATIONAL ASSOCIATION                        | CITIZENS BANK NA PROVIDENCE RI                     | CUSIP: 75524KPT5<br>LEI: DRMSV1Q0EKMEXLAU1P80 | Long             | DBT              | CORP              | US        |    500000 | PA      | $505225.00    | 0.18%             | 2025-10-24      | Fixed         | 6.06%                 | No            |                  2 | On Loan: No      |
| FMC CORPORATION                                            | FMC CORP                                           | CUSIP: 34410XN30<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | STIV             | CORP              | US        |   2500000 | PA      | $2498654.45   | 0.90%             |  |  |  | Yes           |                  2 | On Loan: No      |
| POSCO Holdings Inc.                                        | POSCO                                              | CUSIP: 693483AH2<br>LEI: 988400E5HRVX81AYLM04 | Long             | DBT              | CORP              | KR        |    510000 | PA      | $476431.80    | 0.17%             | 2025-01-17      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: —       |
| GRAY TELEVISION, INC.                                      | GRAY TELEVISION INC                                | CUSIP: 389376AX2<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    579850 | PA      | $578562.87    | 0.21%             | 2024-02-07      | Floating      | 6.87%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA CAP FACS FIN AGY EDL FACS REV               | NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY   | CUSIP: 65818PPH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $796494.60    | 0.29%             | 2023-10-01      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP.                                       | FS KKR CAPITAL CORP                                | CUSIP: 302635AJ6<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |    857000 | PA      | $769543.15    | 0.28%             | 2024-10-12      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| SOUTH JERSEY TRANSN AUTH N J TRANSN SYS REV                | SOUTH JERSEY TRANSPORTATION AUTHORITY              | CUSIP: 838536LS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $467698.50    | 0.17%             | 2024-11-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA (New York Branch)                 | COOPERATIEVE RABOBANK UA NY                        | CUSIP: 21688AAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $500040.00    | 0.18%             | 2023-01-10      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| SANTANDER BANK, N.A.                                       | SANTANDER BANK AUTO CREDIT LINKED NOTES SERIES 202 | CUSIP: 80290CBG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $500033.10    | 0.18%             | 2032-12-15      | Fixed         | 6.99%                 | Yes           |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH REV                                    | INDIANA FINANCE AUTHORITY                          | CUSIP: 45506EBW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $288175.80    | 0.10%             | 2023-11-15      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| CHASE AUTO CREDIT LINKED NOTES                             | JPMORGAN CHASE BANK NA                             | CUSIP: 46591HAW0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     42737 | PA      | $41773.09     | 0.02%             | 2028-02-25      | Fixed         | 1.14%                 | Yes           |                  2 | On Loan: No      |
| CROWN CASTLE INC.                                          | CROWN CASTLE INTL CORP                             | CUSIP: 22823QNB3<br>LEI: 54930012H97VSM0I2R19 | Long             | STIV             | CORP              | US        |   1000000 | PA      | $998369.33    | 0.36%             |  |  |  | Yes           |                  2 | On Loan: No      |
| OWL ROCK CORE INCOME CORP.                                 | OWL ROCK CORE INCOME CORP                          | CUSIP: 69120VAM3<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1283985.00   | 0.46%             | 2026-09-23      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| AMUR EQUIPMENT FINANCE RECEIVABLES LLC                     | AMUR EQUIPMENT FINANCE RECEIVABLES XI LLC          | CUSIP: 03236XAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $591706.22    | 0.21%             | 2028-06-21      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| SCF EQUIPMENT TRUST LLC                                    | SCF EQUIPMENT LEASING 2020 1 LLC                   | CUSIP: 784054AC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250693 | PA      | $246665.74    | 0.09%             | 2027-10-20      | Fixed         | 1.19%                 | Yes           |                  2 | On Loan: No      |
| FREMF MORTGAGE TRUST                                       | FREMF 2017 K724 MORTGAGE TRUST                     | CUSIP: 30295XAS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $977424.85    | 0.35%             | 2023-11-25      | Variable      | 3.50%                 | Yes           |                  2 | On Loan: No      |
| DT AUTO OWNER TRUST                                        | DT AUTO OWNER TRUST                                | CUSIP: 26253WAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $230683.04    | 0.08%             | 2027-09-15      | Fixed         | 1.50%                 | Yes           |                  2 | On Loan: No      |
| CEDR COMMERCIAL MORTGAGE TRUST                             | CEDR TRUST                                         | CUSIP: 12524AAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $925200.67    | 0.33%             | 2039-02-15      | Floating      | 5.67%                 | Yes           |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES TRUST                               | GS MORTGAGE SECURITIES TRUST 2011 GC3              | CUSIP: 36248FAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    822599 | PA      | $32.13        | 0.00%             | 2044-03-10      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| WarnerMedia Holdings, Inc.                                 | MAGALLANES INC                                     | CUSIP: 55903VAC7<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    500000 | PA      | $485280.00    | 0.18%             | 2024-03-15      | Fixed         | 3.43%                 | Yes           |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING                             | AVIS BUDGET RENTAL CAR FUNDING AESOP LLC           | CUSIP: 05377RFW9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $751542.86    | 0.27%             | 2027-04-20      | Fixed         | 7.09%                 | Yes           |                  2 | On Loan: No      |
| WILSONVILLE ALA INDL DEV BRD SOLID WASTE DISP REV          | WILSONVILLE INDUSTRIAL DEVELOPMENT BOARD           | CUSIP: 97247RAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1200000.00   | 0.43%             | 2030-12-01      | Variable      | 3.74%                 | No            |                  2 | On Loan: No      |
| GAINESVILLE FLA SPL OBLIG                                  | CITY OF GAINESVILLE FL                             | CUSIP: 362835BU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $744428.80    | 0.27%             | 2024-10-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| ENERSYS                                                    | ENERSYS                                            | CUSIP: 29275YAB8<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | DBT              | CORP              | US        |    700000 | PA      | $697704.00    | 0.25%             | 2023-04-30      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| SCF EQUIPMENT LEASING LLC                                  | SCF EQUIPMENT LEASING 2021 1 LLC                   | CUSIP: 783897AC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    920000 | PA      | $874721.78    | 0.32%             | 2028-08-21      | Fixed         | 0.83%                 | Yes           |                  2 | On Loan: No      |
| BANQUE ROYALE DU CANADA                                    | ROYAL BANK OF CANADA                               | CUSIP: 78016EYD3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $480500.00    | 0.17%             | 2026-11-02      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST     | JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES COR | CUSIP: 466330AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    944897 | PA      | $920129.02    | 0.33%             | 2038-04-15      | Floating      | 5.12%                 | Yes           |                  2 | On Loan: No      |
| COMM MORTGAGE TRUST                                        | COMM 2014 277P MORTGAGE TRUST                      | CUSIP: 12592FAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    334000 | PA      | $305980.43    | 0.11%             | 2049-08-10      | Variable      | 3.61%                 | Yes           |                  2 | On Loan: No      |
| DRIVE AUTO RECEIVABLES TRUST                               | DRIVE AUTO RECEIVABLES TRUST 2021 3                | CUSIP: 262081AE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $471725.22    | 0.17%             | 2027-01-15      | Fixed         | 1.47%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECHNOLOGIES, INC.                                | L3HARRIS TECH INC                                  | CUSIP: 502431AG4<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |    500000 | PA      | $500245.00    | 0.18%             | 2023-03-10      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                             | BLACKSTONE PRIVATE CREDIT FUND                     | CUSIP: 09261HAH0<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    500000 | PA      | $457665.00    | 0.17%             | 2024-11-22      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                     | STANDARD CHARTERED PLC                             | CUSIP: 853254BN9<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    851000 | PA      | $822176.63    | 0.30%             | 2025-05-21      | Fixed         | 3.79%                 | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                               | BX 2021 LBA3 MORTGAGE TRUST                        | CUSIP: 05609PAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $938783.17    | 0.34%             | 2036-10-15      | Floating      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| CHASE AUTO CREDIT LINKED NOTES                             | JPMORGAN CHASE BANK NA                             | CUSIP: 46591HAU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     85473 | PA      | $83450.00     | 0.03%             | 2028-02-25      | Fixed         | 0.84%                 | Yes           |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                          | ENTERPRISE PRODUCTS OPER                           | CUSIP: 29380DN30<br>LEI: 5493004LGN656HWLDA30 | Long             | STIV             | CORP              | US        |   2000000 | PA      | $1998990.22   | 0.72%             |  |  |  | Yes           |                  2 | On Loan: No      |
| GUAM INTL ARPT AUTH REV                                    | ANTONIO B WON PAT INTERNATIONAL AIRPORT AUTHORITY  | CUSIP: 40064REC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $272933.40    | 0.10%             | 2025-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CREDIT ACCEPTANCE AUTO LOAN TRUST                          | CREDIT ACCEPTANCE AUTO LOAN TRUST 2021 2           | CUSIP: 22537CAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $480269.17    | 0.17%             | 2030-02-15      | Fixed         | 0.96%                 | Yes           |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE COMPANY LLC                        | NISSAN MOTOR ACCEPTANCE CO LLC                     | CUSIP: 654740BR9<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    500000 | PA      | $491040.00    | 0.18%             | 2024-03-08      | Floating      | 5.37%                 | Yes           |                  2 | On Loan: No      |
| HPEFS EQUIPMENT TRUST                                      | US EQUIP                                           | CUSIP: 40438PAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    795255 | PA      | $791268.12    | 0.29%             | 2030-07-22      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| ZF NORTH AMERICA CAPITAL, INC.                             | ZF NORTH AMERICA CAPITAL INC                       | CUSIP: 98877DAC9<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $950870.00    | 0.34%             | 2025-04-29      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST                 | JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST         | CUSIP: 46641WAX5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4442881 | PA      | $23966.01     | 0.01%             | 2047-04-15      | Variable      | 0.62%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                             | CITIGROUP INC                                      | CUSIP: 172967MW8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    500000 | PA      | $490885.00    | 0.18%             | 2025-05-01      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| Spirit Airlines Pass Through Trusts                        | SPIRIT AIRLINES PTT 2015 1B                        | CUSIP: 84858EAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1932592 | PA      | $1826569.62   | 0.66%             | 2025-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LIMITED                                    | MACQUARIE GROUP LTD                                | CUSIP: 55608JBB3<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |   1000000 | PA      | $975230.00    | 0.35%             | 2025-10-14      | Floating      | 4.41%                 | Yes           |                  2 | On Loan: No      |
| SANTANDER BANK, N.A.                                       | SANTANDER BANK AUTO CREDIT LINKED NOTES SERIES 202 | CUSIP: 80290CAS3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    531647 | PA      | $519030.80    | 0.19%             | 2032-05-15      | Fixed         | 5.28%                 | Yes           |                  2 | On Loan: No      |
| HPEFS EQUIPMENT TRUST                                      | HPEFS EQUIPMENT TRUST 2022 3                       | CUSIP: 403951AB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $497924.31    | 0.18%             | 2029-08-20      | Fixed         | 5.26%                 | Yes           |                  2 | On Loan: No      |
| SANTANDER UK GROUP HOLDINGS PLC                            | SANTANDER UK GROUP HLDGS                           | CUSIP: 80281LAN5<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $935950.00    | 0.34%             | 2025-03-15      | Fixed         | 1.09%                 | No            |                  2 | On Loan: No      |
| LIFE MORTGAGE TRUST                                        | LIFE 2021 BMR MORTGAGE TRUST                       | CUSIP: 53218CAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    982970 | PA      | $938976.15    | 0.34%             | 2038-03-15      | Floating      | 5.20%                 | Yes           |                  2 | On Loan: No      |
| OWL ROCK CAPITAL CORPORATION                               | OWL ROCK CAPITAL CORP                              | CUSIP: 69121KAC8<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $925940.00    | 0.34%             | 2025-07-22      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SANTANDER BANK, N.A.                                       | SANTANDER BANK AUTO CREDIT LINKED NOTES SERIES 202 | CUSIP: 80290CAY0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    394912 | PA      | $393109.02    | 0.14%             | 2032-08-16      | Fixed         | 5.92%                 | Yes           |                  2 | On Loan: No      |
| CROSSROADS ASSET TRUST                                     | CROSSROADS ASSET TRUST 2021 A                      | CUSIP: 22767CAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     35756 | PA      | $35495.29     | 0.01%             | 2024-03-20      | Fixed         | 0.82%                 | Yes           |                  2 | On Loan: No      |
| FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST             | FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST     | CUSIP: 35105WAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     67688 | PA      | $67480.12     | 0.02%             | 2025-07-15      | Fixed         | 0.64%                 | Yes           |                  2 | On Loan: No      |
| NP SPE II LLC                                              | NP SPE II LLC                                      | CUSIP: 62946AAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    153681 | PA      | $144582.29    | 0.05%             | 2047-10-21      | Fixed         | 3.37%                 | Yes           |                  2 | On Loan: No      |
| FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST             | FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST     | CUSIP: 35105WAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    469000 | PA      | $457114.42    | 0.17%             | 2026-01-15      | Fixed         | 0.87%                 | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                               | BX TRUST                                           | CUSIP: 05608WAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    496241 | PA      | $469189.96    | 0.17%             | 2038-06-15      | Floating      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| SOUTHERN POWER COMPANY                                     | SOUTHERN POWER CO                                  | CUSIP: U84408AC4<br>LEI: 5LADC78JBG2BMZD5XF57 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1469460.00   | 0.53%             | 2023-09-20      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP LLC                                 | AVIATION CAPTIAL GROUP                             | CUSIP: 05369CN52<br>LEI: 549300ODEK8HY3445C77 | Long             | STIV             | CORP              | US        |   1000000 | PA      | $999260.50    | 0.36%             |  |  |  | Yes           |                  2 | On Loan: No      |
| FORD CREDIT AUTO OWNER TRUST                               | FORD CREDIT AUTO OWNER TRUST FORD CREDIT           | CUSIP: 345285AC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $213706.88    | 0.08%             | 2034-05-15      | Fixed         | 2.11%                 | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                               | BX TRUST                                           | CUSIP: 05608KAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $950172.54    | 0.34%             | 2038-05-15      | Floating      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FUNDING                               | NEW YORK LIFE GLOBAL FDG                           | CUSIP: 64952WEC3<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |    500000 | PA      | $496120.00    | 0.18%             | 2024-04-27      | Floating      | 4.12%                 | Yes           |                  2 | On Loan: No      |
| PALMER SQUARE LOAN FUNDING LTD.                            | PALMER SQUARE LOAN FUNDING LTD                     | CUSIP: 69701CAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $967356.00    | 0.35%             | 2030-04-15      | Floating      | 3.93%                 | Yes           |                  2 | On Loan: No      |
| Mizuho Financial Group, Inc.                               | MIZUHO FINANCIAL GROUP INC                         | CUSIP: 60687YBY4<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |   1000000 | PA      | $977530.00    | 0.35%             | 2026-05-22      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| EL CAJON CALIF                                             | EL CAJON CA                                        | CUSIP: 282659AW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $607077.12    | 0.22%             | 2024-04-01      | Fixed         | 0.93%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERATING, LP                            | WESTERN MIDSTREAM OPERATING LP                     | CUSIP: 958667AD9<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    977000 | PA      | $976833.91    | 0.35%             | 2023-01-13      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| BPR TRUST                                                  | BPR TRUST 2022 OANA                                | CUSIP: 05592DAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $938677.74    | 0.34%             | 2037-04-15      | Floating      | 6.78%                 | Yes           |                  2 | On Loan: No      |
| CARDS II TRUST                                             | CARDS II TRUST                                     | CUSIP: 14161GCA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $468669.80    | 0.17%             | 2027-04-15      | Fixed         | 1.20%                 | Yes           |                  2 | On Loan: No      |
| UNITED AUTO CREDIT SECURITIZATION TRUST                    | UNITED AUTO CREDIT SECURITIZATION TRUST 2022 1     | CUSIP: 90944DAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $981130.65    | 0.36%             | 2025-03-10      | Fixed         | 2.10%                 | Yes           |                  2 | On Loan: No      |
| Delos Finance S.a r.l.                                     | DELOS FINANCE SARL                                 | CUSIP: L2324EAE1<br>LEI: 549300HX549YWOJQT076 | Long             | DBT              | CORP              | LU        |   1500000 | PA      | $1497465.00   | 0.54%             | 2023-10-06      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| JABIL INC.                                                 | JABIL INC                                          | CUSIP: 46652MN35<br>LEI: 5493000CGCQY2OQU7669 | Long             | STIV             | CORP              | US        |   1000000 | PA      | $999439.56    | 0.36%             |  |  |  | Yes           |                  2 | On Loan: No      |
| ONE NEW YORK PLAZA TRUST                                   | ONE NEW YORK PLAZA TRUST 2020 1NYP                 | CUSIP: 68249DAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    875000 | PA      | $831346.35    | 0.30%             | 2026-01-15      | Floating      | 5.27%                 | Yes           |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE GLOBAL FUNDING                    | EQUITABLE FINANCIAL LIFE GLOBAL FUNDING            | CUSIP: 29449WAP2<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |    750000 | PA      | $749032.50    | 0.27%             | 2025-12-02      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| CALPINE CORPORATION                                        | CALPINE CORP                                       | CUSIP: 13134MBQ5<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    992308 | PA      | $978355.85    | 0.35%             | 2026-04-01      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| OSCAR US FUNDING TRUST                                     | OSCAR US FUNDING XIV LLC                           | CUSIP: 68784HAB7<br>LEI: 549300GTSLUONMR77U11 | Long             | ABS-MBS          | CORP              | US        |    708290 | PA      | $694333.16    | 0.25%             | 2025-03-10      | Fixed         | 1.60%                 | Yes           |                  2 | On Loan: No      |
| ARI FLEET LEASE TRUST                                      | ARI FLEET LEASE TRUST 2022 A                       | CUSIP: 00217QAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $490545.46    | 0.18%             | 2031-01-15      | Fixed         | 3.12%                 | Yes           |                  2 | On Loan: No      |
| OVINTIV INC.                                               | OVINTIV INC                                        | CUSIP: 69047KN35<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   1805000 | PA      | $1804028.51   | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| GLS AUTO RECEIVABLES TRUST                                 | GLS AUTO RECEIVABLES TRUST                         | CUSIP: 36261XAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    457000 | PA      | $433277.66    | 0.16%             | 2026-06-15      | Fixed         | 1.08%                 | Yes           |                  2 | On Loan: No      |
| VISTRA OPERATIONS COMPANY LLC                              | VISTRA OPERATIONS CO LLC                           | CUSIP: 88233FAK6<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1483244 | PA      | $1468753.06   | 0.53%             | 2025-12-31      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| SCF EQUIPMENT LEASING LLC                                  | SCF EQUIPMENT LEASING 2022 1 LLC                   | CUSIP: 784033AC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    734294 | PA      | $709752.33    | 0.26%             | 2028-02-22      | Fixed         | 2.06%                 | Yes           |                  2 | On Loan: No      |
| DRIVE AUTO RECEIVABLES TRUST                               | DRIVE AUTO RECEIVABLES TRUST 2021 3                | CUSIP: 262081AD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $485027.60    | 0.18%             | 2026-05-15      | Fixed         | 1.11%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST, INC.                              | STARWOOD PROPERTY TRUST INC                        | CUSIP: 85571BAW5<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1467369.50   | 0.53%             | 2024-12-31      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST                        | EXETER AUTOMOBILE RECEIVABLES TRUST 2021 4         | CUSIP: 30165JAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $473380.69    | 0.17%             | 2027-10-15      | Fixed         | 1.46%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES L.P.                                       | VICI PROPERTIES NOTE                               | CUSIP: 92564RAC9<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $945890.00    | 0.34%             | 2025-02-15      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                   | CELANESE US HOLDINGS LLC                           | CUSIP: 15089QAR5<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    500000 | PA      | $499735.00    | 0.18%             | 2024-07-05      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| HPEFS EQUIPMENT TRUST                                      | HPEFS EQUIPMENT TRUST                              | CUSIP: 40440YAF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $706484.46    | 0.26%             | 2031-03-20      | Fixed         | 1.03%                 | Yes           |                  2 | On Loan: No      |
| BUCKEYE PARTNERS, L.P.                                     | BUCKEYE PARTNERS LP                                | CUSIP: 118230AK7<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1972960.00   | 0.71%             | 2023-07-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST             | FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST 202 | CUSIP: 34660DAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $495758.07    | 0.18%             | 2026-03-16      | Fixed         | 4.49%                 | Yes           |                  2 | On Loan: No      |
| OCI N.V.                                                   | OCI NV                                             | CUSIP: 67091GAE3<br>LEI: 549300NCMRGIBJYUOE57 | Long             | DBT              | CORP              | NL        |   1504000 | PA      | $1437508.16   | 0.52%             | 2025-10-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                              | FORD MOTOR CREDIT CO LLC                           | CUSIP: 345397B85<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $912880.00    | 0.33%             | 2025-02-10      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| BX TRUST                                                   | BX TRUST                                           | CUSIP: 12433EAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $947542.00    | 0.34%             | 2039-01-15      | Floating      | 5.39%                 | Yes           |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST                             | CARVANA AUTO RECEIVABLES TRUST 2021 N1             | CUSIP: 14687DAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    283964 | PA      | $263093.56    | 0.10%             | 2028-01-10      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST     | JP MORGAN CHASE COMMERCIAL MORTGAGE SEC TRUST      | CUSIP: 46640JAW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1965027.38   | 0.71%             | 2046-01-15      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| BANQUE DE MONTREAL                                         | BANK OF MONTREAL                                   | CUSIP: 06368FAD1<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | RF                | CA        |   1500000 | PA      | $1450470.00   | 0.53%             | 2026-09-15      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| ING Groep N.V.                                             | ING GROEP NV                                       | CUSIP: 456837BA0<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    750000 | PA      | $719917.50    | 0.26%             | 2026-03-28      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| DT AUTO OWNER TRUST                                        | DT AUTO OWNER TRUST                                | CUSIP: 23345YAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $721288.71    | 0.26%             | 2026-09-15      | Fixed         | 2.43%                 | Yes           |                  2 | On Loan: No      |
| PAWNEE EQUIPMENT RECEIVABLES LLC                           | PAWNEEE EQUIPMENT RECEIVABLES SERIES 2021 1 LLC    | CUSIP: 704100AB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    207278 | PA      | $197639.83    | 0.07%             | 2027-07-15      | Fixed         | 1.10%                 | Yes           |                  2 | On Loan: No      |
| CONSTELLATION BRANDS, INC.                                 | CONSTELLATION BRANDS INC                           | CUSIP: 21037DN34<br>LEI: 5493005GKEG8QCVY7037 | Long             | STIV             | CORP              | US        |   1000000 | PA      | $999461.78    | 0.36%             |  |  |  | Yes           |                  2 | On Loan: No      |
| EVERGREEN CREDIT CARD TRUST                                | EVERGREEN CREDIT CARD TRUST                        | CUSIP: 30023JCB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $494494.65    | 0.18%             | 2026-11-15      | Fixed         | 7.44%                 | Yes           |                  2 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST                     | SANTANDER DRIVE AUTO RECEIVABLES TRUST 2022 1      | CUSIP: 80286EAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $492148.21    | 0.18%             | 2025-11-17      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| HERTZ VEHICLE FINANCING III LLC                            | HERTZ VEHICLE FINANCING LLC                        | CUSIP: 42806MAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1385354.70   | 0.50%             | 2025-12-26      | Fixed         | 1.21%                 | Yes           |                  2 | On Loan: No      |
| IQVIA INC.                                                 | IQVIA INC                                          | CUSIP: 44969CBH2<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1096337.00   | 0.40%             | 2025-01-01      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| SANTANDER BANK, N.A.                                       | SANTANDER BANK NA SBCLN                            | CUSIP: 80290CAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    251856 | PA      | $242243.70    | 0.09%             | 2031-12-15      | Fixed         | 1.83%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                   | U S TREASURY BILL                                  | CUSIP: 912796YM5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    750000 | PA      | $742349.23    | 0.27%             | 2023-03-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORPORATION                                       | UNITED FINANCIAL BANCORP                           | CUSIP: 910304AA2<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $966390.00    | 0.35%             | 2024-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Bank, Limited                        | SUMITOMO MITSUI TRUST BANK LTD                     | CUSIP: 86563VAX7<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |   1000000 | PA      | $992560.00    | 0.36%             | 2024-09-16      | Floating      | 4.67%                 | Yes           |                  2 | On Loan: No      |
| LA BANQUE TORONTO-DOMINION                                 | TORONTO DOMINION BANK THE                          | CUSIP: 89114TZH8<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   1500000 | PA      | $1451235.00   | 0.53%             | 2026-09-10      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| ARROW ELECTRONICS, INC.                                    | ARROW ELECTRONICS INC                              | CUSIP: 04273MNC3<br>LEI: 549300YNNLBXT8N8R512 | Long             | STIV             | CORP              | US        |   2000000 | PA      | $1996383.84   | 0.72%             |  |  |  | Yes           |                  2 | On Loan: No      |
| ONE MORTGAGE TRUST                                         | ONE 2021 PARK MORTGAGE TRUST                       | CUSIP: 682413AC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $939399.92    | 0.34%             | 2036-03-15      | Floating      | 5.40%                 | Yes           |                  2 | On Loan: No      |
| AUTONATION, INC.                                           | AUTONATION INC                                     | CUSIP: 05330NN39<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   1000000 | PA      | $999461.78    | 0.36%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                   | CELANESE US HOLDINGS LLC                           | CUSIP: 15089QAL8<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    500000 | PA      | $498580.00    | 0.18%             | 2025-03-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| BX TRUST                                                   | BX TRUST 2021 RISE                                 | CUSIP: 12434EAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $478448.48    | 0.17%             | 2036-11-15      | Floating      | 5.57%                 | Yes           |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                             | BLACKSTONE PRIVATE CREDIT FUND                     | CUSIP: 09261HAB3<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $919730.00    | 0.33%             | 2024-09-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** USAA Mutual Funds Trust

**Signature:** James K. De Vries

**Name of Signer:** James K. De Vries

**Title:** Treasurer