# EDGAR Filing Document

**Accession Number:** 0001919700
**File Stem:** 0001193125-26-076380
**Filing Date:** 2026-2
**Character Count:** 95317
**Document Hash:** 189fe376874dd0d8231397a56815edc9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-076380.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0001193125-26-076380

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Touchstone ETF Trust
- **CENTRAL INDEX KEY:** 0001919700

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23789
- **FILM NUMBER:** 26687280

**BUSINESS ADDRESS:**
- **STREET 1:** 303 BROADWAY
- **STREET 2:** SUITE 1100
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45202
- **BUSINESS PHONE:** 513-362-8224

**MAIL ADDRESS:**
- **STREET 1:** 303 BROADWAY
- **STREET 2:** SUITE 1100
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45202

## Series and Classes Contracts Data

### Touchstone Strategic Income ETF (Series ID: S000076658)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000236659 | Touchstone Strategic Income ETF | SIO             |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Touchstone ETF Trust

- **b. Investment Company Act file number:** 811-23789

- **c. CIK number of Registrant:** 0001919700

- **d. LEI of Registrant:** 549300OBA9Z9MIVJ9W43

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

  - **Street Address 1:** 303 Broadway

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45202

  - **Telephone number:** 8006388194

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

- **a. Name of Series:** Touchstone ETF Trust-Touchstone Strategic Income ETF

- **b. EDGAR series identifier (if any):** S000076658

- **c. LEI of Series:** 549300DX1EY5J23AT445

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

- **a. Date of fiscal year-end:** 2025-12-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $232326331.49

**Total Liabilities:** $3401217.74

**Net Assets:** $228925113.75

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 6126.254654048746 | **1-Year:** 4490.453357595730 | **5-Year:** 18870.056540694759 | **10-Year:** 11286.382967730716 | **30-Year:** 614.227203897997

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

- **3-Month:** 120.529303753031 | **1-Year:** 3462.431523202688 | **5-Year:** 7752.959958663796 | **10-Year:** 865.715860889261 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000236659 | 0.59%                | 0.78%                | 0.21%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $841354.40               | $-580272.73                                |
| Month 2  | $-187740.79              | $941395.77                                 |
| Month 3  | $-35197.35               | $-738291.30                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Dreyfus Government Cash Management Funds                                                               | Dreyfus Government Cash Management Funds SH BEN INT | CUSIP: 262006208<br>LEI: 549300F7IDB6WRO7VJ11 | Long             | STIV             | RF                | US        |   4457931 | NS      | $4457931.17   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Driven Brands Funding Llc                                                                              | HONK 2020-1A A2                                     | CUSIP: 26209XAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1039942 | PA      | $1024109.47   | 0.45%             | 2050-07-20      | Fixed         | 3.79%                 | Yes           |                  2 | On Loan: No      |
| Mill City Mortgage Loan Trust 2015-2                                                                   | MCMLT 2017-1 B2                                     | CUSIP: 59981HAF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $913202.70    | 0.40%             | 2058-11-25      | Variable      | 3.85%                 | Yes           |                  2 | On Loan: No      |
| Cajun Global Llc / Cajun Funding Corp / Cajun Restaurants Llc / Cajun Realty                           | CAJUN 2025-2A M                                     | CUSIP: 12803VAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1015000 | PA      | $1007707.33   | 0.44%             | 2055-11-20      | Fixed         | 8.72%                 | Yes           |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp.                                                     | NRUC V5.25 04/20/46                                 | CUSIP: 637432NK7<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   1129000 | PA      | $1127432.38   | 0.49%             | 2046-04-20      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PNC Capital Trust C                                                                                    | PNC F 06/01/28                                      | CUSIP: 69349AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1302000 | PA      | $1281361.97   | 0.56%             | 2028-06-01      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| Pemex Project Funding Master Trust                                                                     | PEMEX 6.625 06/15/35                                | CUSIP: 706451BG5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | US        |    770000 | PA      | $730670.70    | 0.32%             | 2035-06-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                                       | PM 5.375 02/15/33                                   | CUSIP: 718172DB2<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   1730000 | PA      | $1812054.25   | 0.79%             | 2033-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Calpine Corporation                                                                                    | CPN 5 02/01/31 144A                                 | CUSIP: 131347CQ7<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   1795000 | PA      | $1823147.40   | 0.80%             | 2031-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Plains All American Pipeline L.P.                                                                      | PAA V0 PERP B                                       | CUSIP: 726503AE5<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |    565000 | PA      | $566602.91    | 0.25%             | N/A             | Floating      | 8.22%                 | No            |                  2 | On Loan: No      |
| Planet Fitness Inc.                                                                                    | PLNT 2024-1A A2II                                   | CUSIP: 72703PAG8<br>LEI: 549300LLE5HUPF6H8G33 | Long             | ABS-O            | CORP              | US        |   1115875 | PA      | $1156505.01   | 0.51%             | 2054-06-05      | Fixed         | 6.24%                 | Yes           |                  2 | On Loan: No      |
| Pluspetrol S.A.                                                                                        | PLUSPE 8.5 05/30/32 144A                            | CUSIP: 72942BAA3<br>LEI: 254900QSCHBUBX6J6H71 | Long             | DBT              | CORP              | AR        |    575000 | PA      | $583664.73    | 0.25%             | 2032-05-30      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Dryden 45 Senior Loan Fund                                                                             | DRSLF 2016-45A BRR                                  | CUSIP: 26244MBA9<br>LEI: 54930046L20VLJKPVV31 | Long             | ABS-CBDO         | CORP              | KY        |    700000 | PA      | $700326.20    | 0.31%             | 2030-10-15      | Floating      | 5.55%                 | Yes           |                  2 | On Loan: No      |
| Texas Instruments Inc.                                                                                 | Texas Instruments Inc. COM USD1.00                  | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |      1959 | NS      | $339866.91    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| WF-RBS Commercial Mortgage Trust                                                                       | WFRBS 2013-C13 D                                    | CUSIP: 92937UAJ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    456302 | PA      | $418657.23    | 0.18%             | 2045-05-17      | Variable      | 4.09%                 | Yes           |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2025-AURA                                                        | WFCM 2025-AURA D                                    | CUSIP: 95004VAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1115000 | PA      | $1111320.95   | 0.49%             | 2042-10-15      | Variable      | 6.92%                 | Yes           |                  2 | On Loan: No      |
| FLATIRON RR CLO 22 LLC                                                                                 | FLAT 2021-2A DR                                     | CUSIP: 33883QAW5<br>LEI: 5493000CIUZPG6SZO932 | Long             | ABS-CBDO         | CORP              | US        |   1267000 | PA      | $1255888.41   | 0.55%             | 2034-10-16      | Variable      | 6.72%                 | Yes           |                  2 | On Loan: No      |
| FLAGSTAR MTG TR 2021-5INV                                                                              | FSMT 2021-5INV A16                                  | CUSIP: 33851PAS4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    695597 | PA      | $576584.83    | 0.25%             | 2051-07-25      | Variable      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| Focus Brands Funding Llc                                                                               | FOCUS 2023-2 A2                                     | CUSIP: 34417RAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    686000 | PA      | $727623.12    | 0.32%             | 2053-10-30      | Fixed         | 8.24%                 | Yes           |                  2 | On Loan: No      |
| Gildan Activewear Inc.                                                                                 | GILCN 4.7 10/07/30 144A                             | CUSIP: 375916AF0<br>LEI: 549300SB3IBI34M00Z45 | Long             | DBT              | CORP              | CA        |    371000 | PA      | $369509.21    | 0.16%             | 2030-10-07      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| Gildan Activewear Inc.                                                                                 | GILCN 5.4 10/07/35 144A                             | CUSIP: 375916AG8<br>LEI: 549300SB3IBI34M00Z45 | Long             | DBT              | CORP              | CA        |   1258000 | PA      | $1256908.42   | 0.55%             | 2035-10-07      | Fixed         | 5.40%                 | Yes           |                  2 | On Loan: No      |
| OBX 2022-J1 TRUST                                                                                      | OBX 2022-J1 B1A                                     | CUSIP: 67116WBD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    379637 | PA      | $326221.45    | 0.14%             | 2052-02-25      | Variable      | 2.84%                 | Yes           |                  2 | On Loan: No      |
| Octagon Investment Partners 39 Ltd.                                                                    | OCT39 2018-3A BR                                    | CUSIP: 67592CAN6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001869.00   | 0.44%             | 2030-10-21      | Floating      | 5.83%                 | Yes           |                  2 | On Loan: No      |
| Precision Drilling Corporation                                                                         | PDCN 6.875 01/15/29 144A                            | CUSIP: 740212AM7<br>LEI: 549300WF2OE8T5BP4B84 | Long             | DBT              | CORP              | CA        |    385000 | PA      | $389319.70    | 0.17%             | 2029-01-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Voyager Parent LLC                                                                                     | EVRI 9.25 07/01/32 144A                             | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |    614000 | PA      | $651477.33    | 0.28%             | 2032-07-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Magic MergeCo Inc                                                                                      | MIK 5.25 05/01/28 144A                              | CUSIP: 55916AAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    851000 | PA      | $818115.42    | 0.36%             | 2028-05-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                                      | WFC F 01/15/27 *                                    | CUSIP: 949746TG6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1219000 | PA      | $1218854.07   | 0.53%             | 2027-01-15      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| Pediatrix Medical Group Inc                                                                            | MD 5.375 02/15/30 144A                              | CUSIP: 58502BAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    812000 | PA      | $809768.19    | 0.35%             | 2030-02-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Ovintiv Inc                                                                                            | OVV 7.2 11/01/31                                    | CUSIP: 698900AG2<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |   1457000 | PA      | $1610122.37   | 0.70%             | 2031-11-01      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Sorik Marapi Geothermal Pwr PT                                                                         | PTSMGP 7.75 08/05/31 144A                           | CUSIP: 74390TAA7<br>LEI: 254900OW9VKG09S8C597 | Long             | DBT              | CORP              | ID        |    412929 | PA      | $422736.06    | 0.18%             | 2031-08-05      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| CFCRE 2017-C8 Mortgage Trust                                                                           | CFCRE 2017-C8 B                                     | CUSIP: 12532CBC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1059000 | PA      | $1029770.54   | 0.45%             | 2050-06-17      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| STORE Capital Corp.                                                                                    | STOR 4.625 03/15/29                                 | CUSIP: 862121AB6<br>LEI: 5493004EA6C9IHDZ7N66 | Long             | DBT              | CORP              | US        |    424000 | PA      | $422609.14    | 0.18%             | 2029-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| STORE Capital Corp.                                                                                    | STOR 2.7 12/01/31                                   | CUSIP: 862121AD2<br>LEI: 5493004EA6C9IHDZ7N66 | Long             | DBT              | CORP              | US        |   1532000 | PA      | $1354616.08   | 0.59%             | 2031-12-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Valaris Ltd.                                                                                           | VAL 8.375 04/30/30 144A                             | CUSIP: 91889FAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    635000 | PA      | $660636.86    | 0.29%             | 2030-04-30      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Vedanta Resources Finance II PLC                                                                       | VEDLN 9.475 07/24/30 144A                           | CUSIP: 92243XAM3<br>LEI: 8945002DGA3BBXO3N634 | Long             | DBT              | CORP              | GB        |    539000 | PA      | $550814.13    | 0.24%             | 2030-07-24      | Fixed         | 9.47%                 | Yes           |                  2 | On Loan: No      |
| CFCRE 2017-C8 Mortgage Trust                                                                           | CFCRE 2017-C8 C                                     | CUSIP: 12532CBD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1015000 | PA      | $980781.31    | 0.43%             | 2050-06-17      | Variable      | 5.05%                 | No            |                  2 | On Loan: No      |
| Global Payments Inc                                                                                    | GPN 5.2 11/15/32                                    | CUSIP: 37940XAX0<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   1575000 | PA      | $1577398.68   | 0.69%             | 2032-11-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CMS Energy Corporation                                                                                 | CMS V4.75 06/01/50                                  | CUSIP: 125896BU3<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |   1481000 | PA      | $1456895.35   | 0.64%             | 2050-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ZAXBY'S FUNDING LLC                                                                                    | ZAXBY 2021-1A A2                                    | CUSIP: 98920MAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    957500 | PA      | $903889.67    | 0.39%             | 2051-07-30      | Fixed         | 3.24%                 | Yes           |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                                                    | NEE V0 10/01/66                                     | CUSIP: 302570AW6<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    966000 | PA      | $845112.92    | 0.37%             | 2066-10-01      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                                                    | NEE V0 06/15/67                                     | CUSIP: 302570AX4<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    880000 | PA      | $778706.10    | 0.34%             | 2067-06-15      | Floating      | 6.11%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust 2020-Pj2                                                           | GSMBS 2021-MM1 A6                                   | CUSIP: 36264JAF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    536872 | PA      | $480341.38    | 0.21%             | 2052-04-25      | Variable      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| NGPL Pipe Co LLC                                                                                       | NGPLCO 7.768 12/15/37 144A                          | CUSIP: 62912XAC8<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |   1399000 | PA      | $1627482.09   | 0.71%             | 2037-12-15      | Fixed         | 7.77%                 | Yes           |                  2 | On Loan: No      |
| State Street Corp.                                                                                     | STT F 06/15/47                                      | CUSIP: 857477AY9<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |   1536000 | PA      | $1372357.46   | 0.60%             | 2047-06-15      | Floating      | 4.98%                 | No            |                  2 | On Loan: —       |
| CRB COMMERCIAL MORTGAGE TRUST 2025-1                                                                   | CRBCM 2025-CRE1 XA                                  | CUSIP: 12629SAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  14445000 | PA      | $629372.98    | 0.27%             | 2058-09-17      | Variable      | 1.27%                 | Yes           |                  2 | On Loan: No      |
| CSC Holdings, LLC                                                                                      | CSCHLD 4.625 12/01/30 144a                          | CUSIP: 126307BD8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    429000 | PA      | $153234.99    | 0.07%             | 2030-12-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Csail 2016-C6 Commercial Mortg                                                                         | CSAIL 2016-C6 B                                     | CUSIP: 12636MAK4<br>LEI: 549300C2HE5FJAWYZL57 | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $575927.16    | 0.25%             | 2049-01-15      | Variable      | 3.92%                 | No            |                  2 | On Loan: No      |
| Credit Suisse First Boston Mortgage Securities Corp.                                                   | CSMC 2017-TIME A                                    | CUSIP: 12652XAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1428056.40   | 0.62%             | 2039-11-15      | Fixed         | 3.65%                 | Yes           |                  2 | On Loan: No      |
| Carnival Corporation                                                                                   | CCL 5.875 06/15/31 144A                             | CUSIP: 143658BZ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    346000 | PA      | $357384.44    | 0.16%             | 2031-06-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Carnival Corporation                                                                                   | CCL 5.125 05/01/29 144A                             | CUSIP: 143658CB6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     53000 | PA      | $53587.74     | 0.02%             | 2029-05-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Carriage Services, Inc.                                                                                | CSV 4.25 05/15/29 144A                              | CUSIP: 143905AP2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    850000 | PA      | $817928.23    | 0.36%             | 2029-05-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Credit Acceptance Corporation of Michigan                                                              | CACC 9.25 12/15/28                                  | CUSIP: 225310AQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    455000 | PA      | $475547.24    | 0.21%             | 2028-12-15      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Credit Acceptance Corporation of Michigan                                                              | CACC 6.625 03/15/30                                 | CUSIP: 225310AS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     91000 | PA      | $91109.41     | 0.04%             | 2030-03-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| SM Energy Co.                                                                                          | SM 7 08/01/32 144A                                  | CUSIP: 78454LAY6<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    786000 | PA      | $772691.94    | 0.34%             | 2032-08-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Truist Financial Corp.                                                                                 | TFC F 05/15/27 A                                    | CUSIP: 86787XAA3<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   1576000 | PA      | $1566286.47   | 0.68%             | 2027-05-15      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| The Timken Company                                                                                     | TKR 4.5 12/15/28                                    | CUSIP: 887389AK0<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | DBT              | CORP              | US        |   1352000 | PA      | $1362827.34   | 0.60%             | 2028-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Towd Pt Mtg Tr 2017-3                                                                                  | TPMT 2017-3 B3                                      | CUSIP: 89169DAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    900000 | PA      | $785525.13    | 0.34%             | 2057-07-25      | Variable      | 3.86%                 | Yes           |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                                                              | TPMT 2020-4 A2                                      | CUSIP: 89179JAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1050000 | PA      | $865691.72    | 0.38%             | 2060-10-25      | Variable      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| TSC Spv Funding LLC                                                                                    | TROP 2024-1A A2                                     | CUSIP: 898912AA8<br>LEI: 21380072ODEONQKNZ348 | Long             | ABS-O            | CORP              | US        |   1113750 | PA      | $1126875.21   | 0.49%             | 2054-08-20      | Fixed         | 6.29%                 | Yes           |                  2 | On Loan: No      |
| TK Elevator Us Newco Inc.                                                                              | THYELE 5.25 07/15/27 144A                           | CUSIP: 92537RAA7<br>LEI: 549300C2AFWPAYWS5574 | Long             | DBT              | CORP              | US        |    662000 | PA      | $662157.56    | 0.29%             | 2027-07-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Magnera Corp.                                                                                          | MAGN 4.75 11/15/29 144A                             | CUSIP: 377320AA4<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |    566000 | PA      | $523122.44    | 0.23%             | 2029-11-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: —       |
| Jefferies Finance LLC/JFIN Co-Issuer Corp                                                              | JEFFIN 6.625 10/15/31 144A                          | CUSIP: 47232MAG7<br>LEI: 549300SKVB18YSSIDT75 | Long             | DBT              | CORP              | US        |    292000 | PA      | $287351.80    | 0.13%             | 2031-10-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Ohi Group SA                                                                                           | OHIFLY 13 07/22/29 144A                             | CUSIP: 67712MAB5<br>LEI: 529900GW2J8DSYJHEH26 | Long             | DBT              | CORP              | LU        |    494000 | PA      | $501410.00    | 0.22%             | 2029-07-22      | Fixed         | 13.00%                | Yes           |                  2 | On Loan: No      |
| BX TRUST 2025-ARIA                                                                                     | BX 2025-ARIA C                                      | CUSIP: 05619TAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    660000 | PA      | $665111.37    | 0.29%             | 2042-12-15      | Variable      | 5.52%                 | Yes           |                  2 | On Loan: No      |
| Bank of America Corp.                                                                                  | Bank of America Corp. COM USD0.01                   | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |      6981 | NS      | $383955.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| BX Trust 2018-Bilt                                                                                     | BX 2019-OC11 E                                      | CUSIP: 05606FAN3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1905000 | PA      | $1758160.31   | 0.77%             | 2041-12-11      | Variable      | 3.94%                 | Yes           |                  2 | On Loan: No      |
| International Business Machines Corp.                                                                  | International Business Machines Corp. COM USD0.20   | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      1284 | NS      | $380333.64    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Biocon Biologics Global PLC                                                                            | BIOLIN 6.67 10/09/29 144A                           | CUSIP: 090978AA5<br>LEI: 254900PMQN51VACG2D55 | Long             | DBT              | CORP              | US        |    630000 | PA      | $634688.18    | 0.28%             | 2029-10-09      | Fixed         | 6.67%                 | Yes           |                  2 | On Loan: No      |
| Venture Global LNG Inc.                                                                                | VENLNG V9 PERP 144a                                 | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    455000 | PA      | $359327.47    | 0.16%             | N/A             | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Braskem Netherlands Finance B V                                                                        | BRASKM 7.25 02/13/33 144A                           | CUSIP: 10554TAG0<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |    691000 | PA      | $267762.50    | 0.12%             | 2033-02-13      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Vici Properties Inc                                                                                    | VICI 4.625 12/01/29 144A                            | CUSIP: 92564RAB1<br>LEI: 254900RKH6RY9KCJQH63 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1797692.96   | 0.79%             | 2029-12-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| BRAVO RESIDENTIAL FUNDING TRUST 20.                                                                    | BRAVO 2024-NQM8 A1A                                 | CUSIP: 10571DAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    755985 | PA      | $747853.85    | 0.33%             | 2053-08-25      | Variable      | 4.30%                 | Yes           |                  2 | On Loan: No      |
| Videotron LTD/ Videotron LTEE                                                                          | QBRCN 3.625 06/15/29 144A                           | CUSIP: 92660FAN4<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |   1845000 | PA      | $1795461.55   | 0.78%             | 2029-06-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Securitization Trust 2025-3                                                   | BLAST 2025-3 E                                      | CUSIP: 107920AG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    420000 | PA      | $417575.63    | 0.18%             | 2032-08-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| VITAL CARE ISSUER LLC                                                                                  | VITAL CARE ISSUER LLC                               | CUSIP: 92861WAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    790000 | PA      | $797113.00    | 0.35%             | 2056-01-30      | Fixed         | 6.74%                 | No            |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Securitization Trust 2023-1                                                   | BLAST 2023-1 E                                      | CUSIP: 108056AG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    760200 | PA      | $814138.32    | 0.36%             | 2030-07-15      | Fixed         | 10.37%                | Yes           |                  2 | On Loan: No      |
| CCO Holdings, LLC/ CCO Holdings Capital Corp.                                                          | CHTR 4.25 02/01/31 144A                             | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    557000 | PA      | $511941.71    | 0.22%             | 2031-02-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                                                          | FREMOR 9.25 02/01/29 144A                           | CUSIP: 35641AAA6<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |    602000 | PA      | $629138.36    | 0.27%             | 2029-02-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Galaxy XXII CLO Ltd/Galaxy XXII CLO LLC                                                                | GALXY 2016-22A BRRR                                 | CUSIP: 36320TBF9<br>LEI: 54930022KENWLYJ8SJ86 | Long             | ABS-CBDO         | CORP              | KY        |    700000 | PA      | $700346.50    | 0.31%             | 2034-04-17      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Galaxy XXII CLO Ltd/Galaxy XXII CLO LLC                                                                | GALXY 2016-22A DRRR                                 | CUSIP: 36320TBK8<br>LEI: 54930022KENWLYJ8SJ86 | Long             | ABS-CBDO         | CORP              | KY        |    700000 | PA      | $698643.40    | 0.31%             | 2034-04-17      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Turning Point Brands Inc                                                                               | TPB 7.625 03/15/32 144A                             | CUSIP: 90041LAG0<br>LEI: 549300IYG00QF0VVP302 | Long             | DBT              | CORP              | US        |    695000 | PA      | $739696.84    | 0.32%             | 2032-03-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Ares Capital Corp.                                                                                     | ARCC 5.875 03/01/29                                 | CUSIP: 04010LBF9<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |   1545000 | PA      | $1585882.75   | 0.69%             | 2029-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                                      | Johnson & Johnson COM USD1.00                       | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      1937 | NS      | $400862.15    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| 3R Lux S.a.r.l                                                                                         | RRRPBZ 9.75 02/05/31 144A                           | CUSIP: 88563PAA6<br>LEI: 9845007D0DF0BEFD8D97 | Long             | DBT              | CORP              | LU        |    219000 | PA      | $225022.50    | 0.10%             | 2031-02-05      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| Citizens Financial Group Inc                                                                           | CFG V5.841 01/23/30                                 | CUSIP: 174610BF1<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |   1048000 | PA      | $1093717.35   | 0.48%             | 2030-01-23      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| LYB International Finance III LLC                                                                      | LYB 6.15 05/15/35                                   | CUSIP: 50249AAP8<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |    809000 | PA      | $830403.02    | 0.36%             | 2035-05-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| GLS AUTO REC ISSUER TR 2025-2                                                                          | GCAR 2025-2A E                                      | CUSIP: 37989BAN2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1095000 | PA      | $1134396.57   | 0.50%             | 2032-06-15      | Fixed         | 7.73%                 | Yes           |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust 2014-C25                                                    | JPMBB 2014-C25 AS                                   | CUSIP: 46643PBJ8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    430000 | PA      | $417130.10    | 0.18%             | 2047-11-18      | Fixed         | 4.07%                 | No            |                  2 | On Loan: No      |
| Medtronic PLC                                                                                          | Medtronic PLC USD0.0001                             | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |      3784 | NS      | $363491.04    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                                              | GS V5.33 07/23/35                                   | CUSIP: 38141GB37<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1755000 | PA      | $1806338.07   | 0.79%             | 2035-07-23      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                                               | JPMMT 2019-1 B1                                     | CUSIP: 46650HAW8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    492385 | PA      | $470414.95    | 0.21%             | 2049-05-25      | Variable      | 4.54%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                                   | JPM F 05/15/47 W                                    | CUSIP: 48123UAB0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    728000 | PA      | $644123.07    | 0.28%             | 2047-05-15      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit Clo 2019-1                                                                         | BCC 2019-1A CR2                                     | CUSIP: 05683VBE3<br>LEI: 549300B0VI605XM3L529 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $750983.25    | 0.33%             | 2034-04-19      | Floating      | 5.76%                 | Yes           |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                                               | JPMMT 2018-6 B2                                     | CUSIP: 46650JAT1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1820207 | PA      | $1696767.22   | 0.74%             | 2048-12-25      | Variable      | 4.01%                 | Yes           |                  2 | On Loan: No      |
| Stonepeak Nile Parent LLC                                                                              | ATSG 7.25 03/15/32 144A                             | CUSIP: 861932AA9<br>LEI: 254900TJV3VAFZD0GU41 | Long             | DBT              | CORP              | US        |    391000 | PA      | $413784.35    | 0.18%             | 2032-03-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| BlueLinx Holdings Inc.                                                                                 | BXC 6 11/15/29 144A                                 | CUSIP: 09624HAA7<br>LEI: 549300YSX7GU28F5I540 | Long             | DBT              | CORP              | US        |    583000 | PA      | $571241.12    | 0.25%             | 2029-11-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| JP MORGAN MTG TR 2020-1                                                                                | JPMMT 2020-1 B4                                     | CUSIP: 46651XBZ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    639434 | PA      | $572311.18    | 0.25%             | 2050-06-25      | Variable      | 3.82%                 | Yes           |                  2 | On Loan: No      |
| Limak Cimento Sanayi Ve Ticare AS                                                                      | LIMAK 9.75 07/25/29 REGS                            | CUSIP: M67729AB5<br>LEI: 789000EEUQIGHI88WH47 | Long             | DBT              | CORP              | TR        |    605000 | PA      | $610251.84    | 0.27%             | 2029-07-25      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| Electricite de France SA                                                                               | EDF 4.875 09/21/38 144A                             | CUSIP: 268317AV6<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    523000 | PA      | $489055.13    | 0.21%             | 2038-09-21      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| JP MORGAN MTG TR 2020-LTV2                                                                             | JPMMT 2020-LTV2 B4                                  | CUSIP: 46653LCK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    621592 | PA      | $557285.07    | 0.24%             | 2050-11-25      | Variable      | 3.99%                 | No            |                  2 | On Loan: No      |
| Stanley Black & Decker, Inc.                                                                           | Stanley Black & Decker, Inc. COM USD2.50            | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |      4856 | NS      | $360703.68    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecopetrol S.A.                                                                                         | ECOPET 7.75 02/01/32                                | CUSIP: 279158AW9<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    588000 | PA      | $605146.08    | 0.26%             | 2032-02-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Rocket Companies Inc                                                                                   | RKT 6.5 08/01/29 144A                               | CUSIP: 77311WAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    657000 | PA      | $677621.77    | 0.30%             | 2029-08-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Edison International                                                                                   | EIX 4.125 03/15/28                                  | CUSIP: 281020AM9<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |   1191000 | PA      | $1177371.51   | 0.51%             | 2028-03-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2004 11                                                                         | SEMT 2019-4 B3                                      | CUSIP: 81748JCD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    490191 | PA      | $454235.09    | 0.20%             | 2049-11-25      | Variable      | 3.78%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                                                                   | GM 3.1 01/12/32                                     | CUSIP: 37045XDS2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1989000 | PA      | $1815429.30   | 0.79%             | 2032-01-12      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Edison International                                                                                   | EIX V7.875 06/15/54                                 | CUSIP: 281020AZ0<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    585000 | PA      | $610403.63    | 0.27%             | 2054-06-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Ghana (Republic of)                                                                                    | GHANA 0 07/03/26 144A                               | CUSIP: 374422AL7<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |      9280 | PA      | $9109.38      | 0.00%             | 2026-07-03      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Ubs Commercial Mortgage Trust 2019-C17                                                                 | UBSCM 2019-C17 C                                    | CUSIP: 90278MBF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    620000 | PA      | $547521.63    | 0.24%             | 2052-10-18      | Variable      | 3.76%                 | No            |                  2 | On Loan: No      |
| Ghana (Republic of)                                                                                    | GHANA 5 07/03/29 144A                               | CUSIP: 374422AM5<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    140360 | PA      | $137664.52    | 0.06%             | 2029-07-03      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Coruripe Netherlands BV                                                                                | CORURI 10 02/10/27 REGS                             | CUSIP: N2322CAA3<br>LEI: 724500EL5MDC9RD0FW48 | Long             | DBT              | CORP              | NL        |    173000 | PA      | $171053.75    | 0.07%             | 2027-02-10      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Ghana (Republic of)                                                                                    | GHANA 0 01/03/30 144A                               | CUSIP: 374422AN3<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    422933 | PA      | $373543.62    | 0.16%             | 2030-01-03      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| HF Sinclair Corp.                                                                                      | DINO 5 02/01/28                                     | CUSIP: 403949AQ3<br>LEI: 2549009G116AM01XHN24 | Long             | DBT              | CORP              | US        |   1356000 | PA      | $1356262.07   | 0.59%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jimmy John's Funding Llc                                                                               | JIMMY 2017-1A A2II                                  | CUSIP: 47760QAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1380225 | PA      | $1379199.22   | 0.60%             | 2047-07-30      | Fixed         | 4.85%                 | Yes           |                  2 | On Loan: No      |
| KSL COMMERCIAL MTG TR 2024-HT2                                                                         | KSL 2024-HT2 C                                      | CUSIP: 500937AE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1262180 | PA      | $1260213.53   | 0.55%             | 2039-12-15      | Floating      | 6.09%                 | Yes           |                  2 | On Loan: No      |
| Owens Brockway Glass Container Inc.                                                                    | OI 7.25 05/15/31 144A                               | CUSIP: 69073TAU7<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |    645000 | PA      | $658410.20    | 0.29%             | 2031-05-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: —       |
| OXFORD FINANCE FUNDING TRUST 2025-1                                                                    | OXFIN 2025-1A B                                     | CUSIP: 69144BAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    787000 | PA      | $789625.83    | 0.34%             | 2035-02-15      | Fixed         | 6.49%                 | Yes           |                  2 | On Loan: No      |
| OXFORD FINANCE CREDIT FUND III 2024                                                                    | OXFINF 2024-A B                                     | CUSIP: 69145DAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    610000 | PA      | $615050.62    | 0.27%             | 2032-01-14      | Fixed         | 7.55%                 | Yes           |                  2 | On Loan: No      |
| OXFORD FINANCE CREDIT FUND III 2025                                                                    | OXFINF 2025-A B                                     | CUSIP: 69145VAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    510000 | PA      | $513465.45    | 0.22%             | 2034-08-14      | Fixed         | 7.19%                 | Yes           |                  2 | On Loan: No      |
| PALMER SQUARE LOAN FUNDING 2025-2 LTD                                                                  | PSTAT 2025-2A C                                     | CUSIP: 69704AAG6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002440.00   | 0.44%             | 2033-07-15      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Paychex Inc                                                                                            | PAYX 5.6 04/15/35                                   | CUSIP: 704326AC1<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |   1117000 | PA      | $1171351.46   | 0.51%             | 2035-04-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Amsted Industries Incorporated                                                                         | AMSIND 4.625 05/15/30 144A                          | CUSIP: 032177AJ6<br>LEI: N2VLGYMEEBIU3PFSUY86 | Long             | DBT              | CORP              | US        |    812000 | PA      | $797081.77    | 0.35%             | 2030-05-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Barclays PLC                                                                                           | BACR V2.894 11/24/32                                | CUSIP: 06738EBV6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   1652000 | PA      | $1503052.72   | 0.66%             | 2032-11-24      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                                                                     | META 4.6 11/15/32                                   | CUSIP: 30303MAC6<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |   1411000 | PA      | $1424246.50   | 0.62%             | 2032-11-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Mc Brazil Downstream Trading Sarl                                                                      | MCBRAC 7.25 06/30/31 144A                           | CUSIP: 55292WAA8<br>LEI: 213800T2A7R9TYNXZI63 | Long             | DBT              | CORP              | LU        |    579948 | PA      | $508591.80    | 0.22%             | 2031-06-30      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| MTG PASS THRU CTF CL E 144A                                                                            | MHC 2021-MHC G                                      | CUSIP: 55316VAN4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    640000 | PA      | $640796.74    | 0.28%             | 2038-04-15      | Floating      | 7.07%                 | Yes           |                  2 | On Loan: No      |
| Mattel, Inc.                                                                                           | MAT 5.45 11/01/41                                   | CUSIP: 577081AW2<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |   1385000 | PA      | $1305632.19   | 0.57%             | 2041-11-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| MELLO MTG CAP ACCP 2022-INV2                                                                           | MELLO 2022-INV2 A15                                 | CUSIP: 58549JBU7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    794417 | PA      | $690273.90    | 0.30%             | 2052-04-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Mello Mortgage Capital Acceptance 2018-Mtg1                                                            | MELLO 2021-MTG3 A9                                  | CUSIP: 58549RAJ5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    730313 | PA      | $664257.44    | 0.29%             | 2051-07-25      | Variable      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| Meritage Homes Corp                                                                                    | MTH 3.875 04/15/29 144A                             | CUSIP: 59001ABD3<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |   1815000 | PA      | $1783809.93   | 0.78%             | 2029-04-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Micron Technology Inc.                                                                                 | MU 2.703 04/15/32                                   | CUSIP: 595112BS1<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |   1174000 | PA      | $1054476.37   | 0.46%             | 2032-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Midas Opco Holdings LLC                                                                                | STGW 5.625 08/15/29 144A                            | CUSIP: 59565JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    605000 | PA      | $590043.01    | 0.26%             | 2029-08-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| NEIGHBORLY ISSUER LLC                                                                                  | NBLY 2021-1A A2                                     | CUSIP: 64016NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1146000 | PA      | $1100032.79   | 0.48%             | 2051-04-30      | Fixed         | 3.58%                 | Yes           |                  2 | On Loan: No      |
| RTX Corp.                                                                                              | RTX Corp. COM                                       | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      2176 | NS      | $399078.40    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Simmons Foods Inc / Simmons Prepared Foods Inc / Simmons Pet Food Inc / Simmons Feed (Ingredients Inc) | SIMFOO 4.625 03/01/29 144A                          | CUSIP: 82873MAA1<br>LEI: 5493002Z1TVWRIL6NM97 | Long             | DBT              | CORP              | US        |    602000 | PA      | $580150.83    | 0.25%             | 2029-03-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| South Jersey Industries Inc                                                                            | SJI 5.02 04/15/31                                   | CUSIP: 838518AA6<br>LEI: 549300DJYWYT5VXLFA46 | Long             | DBT              | CORP              | US        |    520000 | PA      | $450915.26    | 0.20%             | 2031-04-15      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Speedway Motorsports LLC / Speedway Funding II Inc                                                     | TRK 4.875 11/01/27 144A                             | CUSIP: 84779MAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    622000 | PA      | $619165.98    | 0.27%             | 2027-11-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Stanley Black & Decker, Inc.                                                                           | SWK V6.707 03/15/60                                 | CUSIP: 854502AM3<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |    523000 | PA      | $523834.19    | 0.23%             | 2060-03-15      | Floating      | 6.68%                 | No            |                  2 | On Loan: No      |
| Sri Lanka (Democratic Socialist Republic of)                                                           | SRILAN 4 04/15/28 144A                              | CUSIP: N/A<br>LEI: 254900IG6Y30I2QE2R92       | Long             | DBT              | NUSS              | LK        |    453330 | PA      | $434451.52    | 0.19%             | 2028-04-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Amcor Flexibles North America Inc                                                                      | AMCR 5.1 03/17/30                                   | CUSIP: 02344AAG3<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |   1280000 | PA      | $1315015.78   | 0.57%             | 2030-03-17      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust 2016-GS2                                                                  | GSMS 2016-GS2 D                                     | CUSIP: 36252TAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    440000 | PA      | $391635.55    | 0.17%             | 2049-05-12      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| GS Mortgage Securities Trust 2016-GS2                                                                  | GSMS 2016-GS2 C                                     | CUSIP: 36252TAY1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1470121.20   | 0.64%             | 2049-05-12      | Variable      | 4.85%                 | No            |                  2 | On Loan: No      |
| Gray Media Inc.                                                                                        | GTN 5.375 11/15/31 144A                             | CUSIP: 389286AA3<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    303000 | PA      | $227210.69    | 0.10%             | 2031-11-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Group 1 Automotive, Inc.                                                                               | GPI 4 08/15/28 144A                                 | CUSIP: 398905AN9<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |    598000 | PA      | $586261.14    | 0.26%             | 2028-08-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Jack in the Box Inc.                                                                                   | JACK 2022-1A A2I                                    | CUSIP: 466365AD5<br>LEI: 5493002OJW26P0SUUP68 | Long             | ABS-O            | CORP              | US        |   1202500 | PA      | $1164050.06   | 0.51%             | 2052-02-25      | Fixed         | 3.44%                 | Yes           |                  2 | On Loan: No      |
| MSU Energy S.A.                                                                                        | MSUNRG 9.75 12/05/30 144A                           | CUSIP: 55377JAC1<br>LEI: 529900D1ZX75KRP2HC66 | Long             | DBT              | CORP              | AR        |    655000 | PA      | $632075.00    | 0.28%             | 2030-12-05      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| The Manitowoc Company, Inc.                                                                            | MTW 9.25 10/01/31 144A                              | CUSIP: 563571AN8<br>LEI: 2RTSLGQ89VMY18RHX631 | Long             | DBT              | CORP              | US        |    614000 | PA      | $661033.36    | 0.29%             | 2031-10-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| ADT Security Corp.                                                                                     | ADT 5.875 10/15/33 144A                             | CUSIP: 00109LAB9<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |    577000 | PA      | $584151.06    | 0.26%             | 2033-10-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Mars Inc.                                                                                              | MARS 5 03/01/32 144A                                | CUSIP: 571676AZ8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   1730000 | PA      | $1785718.51   | 0.78%             | 2032-03-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Aker BP ASA                                                                                            | AKERBP 5.125 10/01/34 144A                          | CUSIP: 00973RAN3<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |   1116000 | PA      | $1093757.19   | 0.48%             | 2034-10-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Midwest Connector Capital Company LLC                                                                  | MWXCAP 4.625 04/01/29 144A                          | CUSIP: 59833CAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1594000 | PA      | $1597019.55   | 0.70%             | 2029-04-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| The Allstate Corporation                                                                               | ALL V0 08/15/53 B                                   | CUSIP: 020002BB6<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |    633000 | PA      | $633131.66    | 0.28%             | 2053-08-15      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| Mill City Mortgage Loan Trust 2015-2                                                                   | MCMLT 2017-2 B2                                     | CUSIP: 59980AAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    592003 | PA      | $540629.51    | 0.24%             | 2059-07-25      | Variable      | 4.13%                 | Yes           |                  2 | On Loan: No      |
| Exxon Mobil Corp.                                                                                      | Exxon Mobil Corp. COM NPV                           | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      3198 | NS      | $384847.32    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Molex Electronic Technologies LLC                                                                      | MOLX 5.25 04/30/32 144A                             | CUSIP: 60856BAF1<br>LEI: 549300WTBVUFUPSIWI20 | Long             | DBT              | CORP              | US        |   1749000 | PA      | $1797423.44   | 0.79%             | 2032-04-30      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| First Maryland Capital II                                                                              | MTB F 02/01/27                                      | CUSIP: 32082CAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1366000 | PA      | $1354742.59   | 0.59%             | 2027-02-01      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                                         | MS V2.484 09/16/36                                  | CUSIP: 61747YEF8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1100504.29   | 0.48%             | 2036-09-16      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                                              | Goldman Sachs Group, Inc. COM USD0.01               | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |       456 | NS      | $400824.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra Infrastructure Partners LP                                                                      | SMPINF 3.25 01/15/32 144A                           | CUSIP: 81685VAA1<br>LEI: 549300L0B3MD11PUAA07 | Long             | DBT              | CORP              | US        |   1769000 | PA      | $1567756.10   | 0.68%             | 2032-01-15      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| Textron Financial Corporation                                                                          | TXT V0 02/15/42 144A                                | CUSIP: 883199AR2<br>LEI: 4E8B2CNXPE5P5AY03O18 | Long             | DBT              | CORP              | US        |   1631000 | PA      | $1469800.21   | 0.64%             | 2042-02-15      | Floating      | 5.85%                 | Yes           |                  2 | On Loan: No      |
| Sunoco LP                                                                                              | SUN V7.875 PERP 144A                                | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    498000 | PA      | $511582.95    | 0.22%             | N/A             | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Ubs Commercial Mortgage Trust 2017 C1                                                                  | UBSCM 2017-C1 AS                                    | CUSIP: 90276EAH0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    280000 | PA      | $274736.53    | 0.12%             | 2050-06-17      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| United Air Lines, Inc.                                                                                 | UAL 4.625 04/15/29 144A                             | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   1555000 | PA      | $1548113.84   | 0.68%             | 2029-04-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury Bonds                                                                           | TII 2.375 02/15/55                                  | CUSIP: 912810UH9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8739939 | PA      | $8310005.31   | 3.63%             | 2055-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy Partners Lp                                                                            | CQP 3.25 01/31/32                                   | CUSIP: 16411QAN1<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |   1981000 | PA      | $1827474.72   | 0.80%             | 2032-01-31      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2024-5C27                                                                         | BBCMS 2024-5C27 AS                                  | CUSIP: 05555FAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    435000 | PA      | $457919.80    | 0.20%             | 2057-07-17      | Variable      | 6.41%                 | No            |                  2 | On Loan: No      |
| Directv Financing LLC/Directv Financing Co-Obligor Inc.                                                | DTV 10 02/15/31 144A                                | CUSIP: 25461LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    299000 | PA      | $305593.48    | 0.13%             | 2031-02-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Beazer Homes USA Inc.                                                                                  | BZH 7.25 10/15/29                                   | CUSIP: 07556QBT1<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |    282000 | PA      | $288198.64    | 0.13%             | 2029-10-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Element Fleet Management Corp                                                                          | EFNCN 5.037 03/25/30 144A                           | CUSIP: 286181AP7<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |   1305000 | PA      | $1335018.59   | 0.58%             | 2030-03-25      | Fixed         | 5.04%                 | Yes           |                  2 | On Loan: No      |
| BENCHMARK 2024-V5 MORTGAGE TRUST                                                                       | BMARK 2024-V5 XA                                    | CUSIP: 08163XAZ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11008027 | PA      | $317601.40    | 0.14%             | 2057-01-12      | Variable      | 1.30%                 | No            |                  2 | On Loan: No      |
| Guardian Life Global Funding                                                                           | GUARDN 4.327 10/06/30 144A                          | CUSIP: 40139LBN2<br>LEI: 635400NHILJ5JEKILC36 | Long             | DBT              | CORP              | US        |    797000 | PA      | $799171.63    | 0.35%             | 2030-10-06      | Fixed         | 4.33%                 | Yes           |                  2 | On Loan: No      |
| Cim Trust                                                                                              | CIM 2018-INV1 B4                                    | CUSIP: 12553XBA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1010596 | PA      | $984224.37    | 0.43%             | 2048-08-25      | Variable      | 4.69%                 | Yes           |                  2 | On Loan: No      |
| HCA Inc.                                                                                               | HCA 5.45 04/01/31                                   | CUSIP: 404119CT4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1485000 | PA      | $1551160.82   | 0.68%             | 2031-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Cim Trust                                                                                              | CIM 2021-J3 A7                                      | CUSIP: 12565VAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1273318 | PA      | $1144258.35   | 0.50%             | 2051-06-25      | Variable      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| CKE Restaurants, Inc.                                                                                  | HNGRY 2020-1A A2                                    | CUSIP: 411707AH5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1425000 | PA      | $1379132.24   | 0.60%             | 2050-12-20      | Fixed         | 3.98%                 | Yes           |                  2 | On Loan: No      |
| Citigroup Inc.                                                                                         | C V4.075 04/23/29                                   | CUSIP: 172967LW9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1435000 | PA      | $1434497.84   | 0.63%             | 2029-04-23      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| Herc Holdings Inc                                                                                      | HRI 7 06/15/30 144A                                 | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    579000 | PA      | $609335.72    | 0.27%             | 2030-06-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                                                    | CGCMT 2014-GC25 D                                   | CUSIP: 17322YAM2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1100000 | PA      | $588489.00    | 0.26%             | 2047-10-11      | Fixed         | 3.55%                 | Yes           |                  2 | On Loan: No      |
| Hilcorp Energy I L.P/Hilcorp Finance Co                                                                | HILCRP 6 02/01/31 144A                              | CUSIP: 431318AV6<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |    843000 | PA      | $801238.88    | 0.35%             | 2031-02-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust Inc.                                                                     | CMLTI 2021-J1 A4A                                   | CUSIP: 17329EAX5<br>LEI: 549300R1KUK063S4I339 | Long             | ABS-O            | CORP              | US        |    764181 | PA      | $633433.84    | 0.28%             | 2051-04-25      | Variable      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| The Charles Schwab Corporation                                                                         | SCHW V4 PERP H                                      | CUSIP: 808513BJ3<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    512000 | PA      | $477995.62    | 0.21%             | N/A             | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Polaris Inc.                                                                                           | PII 5.6 03/01/31                                    | CUSIP: 731068AB8<br>LEI: 549300QJSN8UVWN1EI78 | Long             | DBT              | CORP              | US        |   1205000 | PA      | $1218477.70   | 0.53%             | 2031-03-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                                           | T 4.25 08/15/54                                     | CUSIP: 912810UC0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    900000 | PA      | $817312.50    | 0.36%             | 2054-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Sabra Health Care Ltd Partnership / Sabra Capital Corp                                                 | SBRA 3.9 10/15/29                                   | CUSIP: 78572XAG6<br>LEI: 5493008V2SV0789N9W56 | Long             | DBT              | CORP              | US        |   1838000 | PA      | $1801470.56   | 0.79%             | 2029-10-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: —       |
| United States Treasury Bonds                                                                           | T 4.5 11/15/54                                      | CUSIP: 912810UE6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    130000 | PA      | $123154.69    | 0.05%             | 2054-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                                           | T 4.75 02/15/45                                     | CUSIP: 912810UJ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12935000 | PA      | $12916304.92  | 5.64%             | 2045-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                                           | T 4.75 08/15/55                                     | CUSIP: 912810UM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8965000 | PA      | $8852937.50   | 3.87%             | 2055-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                                           | T 4.625 11/15/45                                    | CUSIP: 912810UQ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4495000 | PA      | $4408611.72   | 1.93%             | 2045-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                                           | T 3.75 04/15/28                                     | CUSIP: 91282CMW8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19830000 | PA      | $19936895.99  | 8.71%             | 2028-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                                           | T 4.25 08/15/35                                     | CUSIP: 91282CNT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6475000 | PA      | $6535703.13   | 2.85%             | 2035-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Bbcms Mortgage Trust 2017                                                                              | BBCMS 2022-C17 XD                                   | CUSIP: 054976AM7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $340440.60    | 0.15%             | 2055-09-17      | Variable      | 3.04%                 | Yes           |                  2 | On Loan: No      |
| Benchmark 2020-B16 Mortgage Trust                                                                      | BMARK 2018-B5 AS                                    | CUSIP: 08160BAH7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1073671 | PA      | $1054223.06   | 0.46%             | 2051-07-17      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| CIFC FUNDING 2022-IV LTD                                                                               | CIFC 2022-4A DR                                     | CUSIP: 12567WAS8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000672.00   | 0.44%             | 2035-07-16      | Floating      | 6.49%                 | Yes           |                  2 | On Loan: No      |
| Cimpress PLC                                                                                           | CMPR 7.375 09/15/32 144A                            | CUSIP: 17186HAH5<br>LEI: 549300X1IFD75XISOR81 | Long             | DBT              | CORP              | IE        |    740000 | PA      | $754802.83    | 0.33%             | 2032-09-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust 2016 P6                                                            | CGCMT 2017-P8 AS                                    | CUSIP: 17326DAF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    255000 | PA      | $240430.35    | 0.11%             | 2050-09-16      | Variable      | 3.79%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust 2016 P6                                                            | CGCMT 2017-P8 D                                     | CUSIP: 17326DAM4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $776278.13    | 0.34%             | 2050-09-16      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| DK TRUST 2025-LXP                                                                                      | DK 2025-LXP D                                       | CUSIP: 23292LAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    540000 | PA      | $541338.93    | 0.24%             | 2037-08-17      | Floating      | 6.64%                 | Yes           |                  2 | On Loan: No      |
| Enbridge Inc.                                                                                          | ENBCN V5.75 07/15/80 20-A                           | CUSIP: 29250NBC8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   1081000 | PA      | $1091093.30   | 0.48%             | 2080-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Encore Capital Group Inc.                                                                              | ECPG 8.5 05/15/30 144A                              | CUSIP: 292554AR3<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    533000 | PA      | $572091.82    | 0.25%             | 2030-05-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Energy Transfer LP                                                                                     | ET F 11/01/66 *                                     | CUSIP: 29273RBA6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    572000 | PA      | $572476.48    | 0.25%             | 2066-11-01      | Floating      | 7.13%                 | No            |                  2 | On Loan: —       |
| Eskom Holdings SOC Limited                                                                             | ESKOM 8.45 08/10/28 144A                            | CUSIP: 29646AAD8<br>LEI: 3789001900ED06F65111 | Long             | DBT              | CORP              | ZA        |    450000 | PA      | $482576.54    | 0.21%             | 2028-08-10      | Fixed         | 8.45%                 | Yes           |                  2 | On Loan: No      |
| Skymiles IP Ltd. & Delta Air Lines Inc.                                                                | DAL 4.75 10/20/28 144A                              | CUSIP: 830867AB3<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | KY        |   1506000 | PA      | $1515299.85   | 0.66%             | 2028-10-20      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Focus Brands Funding Llc                                                                               | FOCUS 2017-1A A2II                                  | CUSIP: 34417MAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    686250 | PA      | $684779.37    | 0.30%             | 2047-04-30      | Fixed         | 5.09%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-25

**Name of Applicant:** Touchstone ETF Trust

**Signature:** Terri Lucas

**Name of Signer:** Terri Lucas

**Title:** Controller & Treasurer