# EDGAR Filing Document

**Accession Number:** 0000844779
**File Stem:** 0002071691-26-015435
**Filing Date:** 2026-6
**Character Count:** 105982
**Document Hash:** 6adada79a6f59d2b39fad739b9c679a8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-015435.hdr.sgml**: 20260626

**ACCESSION NUMBER**: 0002071691-26-015435

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260626

**DATE AS OF CHANGE**: 20260626

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK FUNDS
- **CENTRAL INDEX KEY:** 0000844779

**ORGANIZATION NAME:**
- **EIN:** 510318674
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05742
- **FILM NUMBER:** 261124695

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 800-441-7762

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COMPASS CAPITAL FUNDS\
- **DATE OF NAME CHANGE:** 19961114

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PNC FUND
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NCP FUNDS
- **DATE OF NAME CHANGE:** 19890511

## Series and Classes Contracts Data

### BlackRock Short Obligations Fund (Series ID: S000038550)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000119004 | Class K Shares       |  |
| C000129315 | Institutional Shares |  |
| C000198747 | Investor A Shares    |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BlackRock Funds

- **b. Investment Company Act file number:** 811-05742

- **c. CIK number of Registrant:** 0000844779

- **d. LEI of Registrant:** 549300OZUEVJZHOBFP42

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

  - **Street Address 1:** 100 Bellevue Parkway

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

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

- **a. Name of Series:** BlackRock Short Obligations Fund

- **b. EDGAR series identifier (if any):** S000038550

- **c. LEI of Series:** 549300XULCSJN4492O72

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

- **a. Date of fiscal year-end:** 2026-07-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $973793490.13

**Total Liabilities:** $4465061.83

**Net Assets:** $969328428.30

**Cash Not Reported:** $85694.37

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 10620.84000000 | **1-Year:** 46180.54000000 | **5-Year:** 13984.40000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

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

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000119004 | 0.31%                | 0.14%                | 0.33%                |
| Class ID C000129315 | 0.30%                | 0.13%                | 0.32%                |
| Class ID C000198747 | 0.29%                | 0.12%                | 0.31%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-19300.03                                 |
| Month 2  | $2750.81                 | $-2089331.63                               |
| Month 3  | $64141.03                | $10620.85                                  |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                            | Title                                                                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ANZ New Zealand Int'l Ltd.                                      | ANZ New Zealand International Ltd.                                                            | CUSIP: 00182EBV0<br>LEI: 213800VD256NU2D97H12 | Long             | DBT              | CORP              | NZ        |    900000 | PA      | $892034.98    | 0.09%             | 2029-01-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ANZ New Zealand Int'l Ltd.                                      | ANZ New Zealand Int'l Ltd.                                                                    | CUSIP: 0018A3F41<br>LEI: 213800VD256NU2D97H12 | Long             | STIV             | CORP              | NZ        |   9950000 | PA      | $9913659.62   | 1.02%             | 2026-06-04      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ASB Bank Ltd.                                                   | ASB Bank Ltd.                                                                                 | CUSIP: 00216LAG8<br>LEI: 549300IBZWZL1KTPF918 | Long             | DBT              | CORP              | NZ        |   2925000 | PA      | $2928762.22   | 0.30%             | 2026-06-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| AbbVie, Inc.                                                    | AbbVie, Inc.                                                                                  | CUSIP: 00287YEC9<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   5385000 | PA      | $5392700.55   | 0.56%             | 2028-03-03      | Floating      | 4.14%                 | No            |                  2 | On Loan: No      |
| Accenture Capital, Inc.                                         | Accenture Capital, Inc.                                                                       | CUSIP: 00440KAA1<br>LEI: 254900FRO0P7RIINYT25 | Long             | DBT              | CORP              | US        |   2015000 | PA      | $2009520.69   | 0.21%             | 2027-10-04      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Advanced Micro Devices, Inc.                                    | Advanced Micro Devices, Inc.                                                                  | CUSIP: 007903BH9<br>LEI: R2I72C950HOYXII45366 | Long             | DBT              | CORP              | US        |   3040000 | PA      | $3042953.09   | 0.31%             | 2026-09-24      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| Amazon.com, Inc.                                                | Amazon.com, Inc.                                                                              | CUSIP: 023135CS3<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |   2010000 | PA      | $1996926.24   | 0.21%             | 2028-11-20      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Amazon.com, Inc.                                                | Amazon.com, Inc.                                                                              | CUSIP: 023135CZ7<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |   2575000 | PA      | $2577832.50   | 0.27%             | 2028-03-13      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| Amazon.com, Inc.                                                | Amazon.com, Inc.                                                                              | CUSIP: 023135DB9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |   5150000 | PA      | $5126705.93   | 0.53%             | 2028-03-13      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp.                                    | American Honda Finance Corp.                                                                  | CUSIP: 02665KED5<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | STIV             | CORP              | US        |   2500000 | PA      | $2496432.00   | 0.26%             | 2026-05-13      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp.                                    | American Honda Finance Corp.                                                                  | CUSIP: 02665KEJ2<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | STIV             | CORP              | US        |    750000 | PA      | $748522.35    | 0.08%             | 2026-05-18      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp.                                    | American Honda Finance Corp.                                                                  | CUSIP: 02665WFN6<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2002452.00   | 0.21%             | 2026-10-05      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp.                                    | American Honda Finance Corp.                                                                  | CUSIP: 02665WFV8<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2200253.92   | 0.23%             | 2026-05-21      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp.                                    | American Honda Finance Corp.                                                                  | CUSIP: 02665WGC9<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5003348.00   | 0.52%             | 2026-07-15      | Floating      | 4.30%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp.                                    | American Honda Finance Corp., Series A                                                        | CUSIP: 02665WGU9<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   2430000 | PA      | $2434369.14   | 0.25%             | 2028-04-10      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| Amphenol Corp.                                                  | Amphenol Corp.                                                                                | CUSIP: 032095AN1<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |   2755000 | PA      | $2779904.40   | 0.29%             | 2027-04-05      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Amphenol Corp.                                                  | Amphenol Corp.                                                                                | CUSIP: 032095AV3<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |   3725000 | PA      | $3720890.47   | 0.38%             | 2027-11-15      | Floating      | 4.22%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                           | Athene Global Funding                                                                         | CUSIP: 04685A4J7<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   3810000 | PA      | $3812476.50   | 0.39%             | 2026-07-16      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                           | Athene Global Funding                                                                         | CUSIP: 04685A4M0<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |  11065000 | PA      | $11045136.55  | 1.14%             | 2028-03-06      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                           | Athene Global Funding                                                                         | CUSIP: 04685A4Q1<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   3065000 | PA      | $3066610.75   | 0.32%             | 2026-08-10      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                           | Athene Global Funding                                                                         | CUSIP: 04685A4X6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   2545000 | PA      | $2550225.44   | 0.26%             | 2027-04-19      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| Australia & New Zealand Banking Group Ltd.                      | Australia & New Zealand Banking Group Ltd.                                                    | CUSIP: 05253MZQ0<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | STIV             | CORP              | AU        |   6660000 | PA      | $6660392.94   | 0.69%             | 2026-05-11      | Floating      | 3.91%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                                              | BMW US Capital LLC                                                                            | CUSIP: 05565ECN3<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   2770000 | PA      | $2774538.04   | 0.29%             | 2026-08-13      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                                              | BMW US Capital LLC                                                                            | CUSIP: 05565ECP8<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1177061.07   | 0.12%             | 2026-08-13      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                         | BPCE SA                                                                                       | CUSIP: 05571AAT2<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   2010000 | PA      | $2024868.45   | 0.21%             | 2027-01-18      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                  | BNP Paribas SA, New York                                                                      | CUSIP: 05593DLV3<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | STIV             | CORP              | FR        |   2500000 | PA      | $2499686.25   | 0.26%             | 2026-07-13      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| BMW Vehicle Lease Trust                                         | BMW Vehicle Lease Trust, Series 2025-2, Class A2A                                             | CUSIP: 05594HAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3154410 | PA      | $3153842.68   | 0.33%             | 2027-11-26      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| BMW Vehicle Lease Trust                                         | BMW Vehicle Lease Trust, Series 2025-2, Class A2B                                             | CUSIP: 05594HAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2314291 | PA      | $2314888.65   | 0.24%             | 2027-11-26      | Floating      | 3.96%                 | No            |                  2 | On Loan: No      |
| BMW Vehicle Lease Trust                                         | BMW Vehicle Lease Trust, Series 2026-1, Class A2B                                             | CUSIP: 05594YAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3580000 | PA      | $3580717.07   | 0.37%             | 2028-07-25      | Floating      | 4.01%                 | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria                                 | Banco Bilbao Vizcaya Argentaria                                                               | CUSIP: 05971MFU4<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | STIV             | CORP              | ES        |   6250000 | PA      | $6249296.88   | 0.64%             | 2026-08-20      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                              | Banco Santander SA                                                                            | CUSIP: 05973REQ1<br>LEI: 5493006QMFDDMYWIAM13 | Long             | STIV             | CORP              | ES        |   7020000 | PA      | $7022730.08   | 0.72%             | 2026-05-26      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| BofA Securities, Inc.                                           | BofA Securities, Inc.                                                                         | CUSIP: 06054PF50<br>LEI: 549300HN4UKV1E2R3U73 | Long             | STIV             | CORP              | US        |   4750000 | PA      | $4731912.00   | 0.49%             | 2026-06-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Bank of America NA                                              | Bank of America NA                                                                            | CUSIP: 06054RDM1<br>LEI: B4TYDEB6GKMZO031MB27 | Long             | STIV             | CORP              | US        |   3810000 | PA      | $3809380.30   | 0.39%             | 2026-08-24      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                | Bank of Montreal                                                                              | CUSIP: 06367DTY1<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | STIV             | CORP              | CA        |   3000000 | PA      | $2996851.20   | 0.31%             | 2026-11-13      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                | Bank of Montreal                                                                              | CUSIP: 06370B5A8<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | STIV             | CORP              | CA        |   6170000 | PA      | $6174370.21   | 0.64%             | 2026-12-10      | Floating      | 4.03%                 | No            |                  2 | On Loan: No      |
| Bank of New Zealand                                             | Bank of New Zealand                                                                           | CUSIP: 06406QHC6<br>LEI: N7LGVZM7X4UQ66T7LT74 | Long             | STIV             | CORP              | NZ        |   2000000 | PA      | $1977990.60   | 0.20%             | 2026-08-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                             | Bank of New York Mellon Corp. (The)                                                           | CUSIP: 06406RCD7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   9240000 | PA      | $9254054.96   | 0.95%             | 2028-06-09      | Floating      | 4.36%                 | No            |                  2 | On Loan: No      |
| Banque Federative du Credit Mutuel SA                           | Banque Federative du Credit Mutuel SA                                                         | CUSIP: 06675FBC0<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   3140000 | PA      | $3160526.49   | 0.33%             | 2027-01-23      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Barclays Bank plc                                               | Barclays Bank plc, New York                                                                   | CUSIP: 06745GGX3<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | STIV             | CORP              | GB        |   2500000 | PA      | $2500579.50   | 0.26%             | 2026-11-19      | Floating      | 4.04%                 | No            |                  2 | On Loan: No      |
| Barclays Bank plc                                               | Barclays Bank plc                                                                             | CUSIP: 06745GHR5<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | STIV             | CORP              | GB        |   5000000 | PA      | $4998573.00   | 0.52%             | 2027-03-12      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| CDP Financial, Inc.                                             | CDP Financial, Inc.                                                                           | CUSIP: 12509TQQ3<br>LEI: 549300OXMGVYFCBFV096 | Long             | STIV             | CORP              | CA        |   3030000 | PA      | $2921463.28   | 0.30%             | 2027-03-24      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                              | Canadian Imperial Bank of Commerce, New York                                                  | CUSIP: 13606DPL0<br>LEI: 549300H8L46OOZOFHU82 | Long             | STIV             | CORP              | CA        |   5200000 | PA      | $5204255.26   | 0.54%             | 2026-11-09      | Floating      | 4.03%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                              | Canadian Imperial Bank of Commerce                                                            | CUSIP: 13606DRD6<br>LEI: 549300H8L46OOZOFHU82 | Long             | STIV             | CORP              | CA        |   3800000 | PA      | $3794016.90   | 0.39%             | 2027-01-11      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Caterpillar Financial Services Corp.                            | Caterpillar Financial Services Corp.                                                          | CUSIP: 14913UAV2<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |   2780000 | PA      | $2788827.33   | 0.29%             | 2027-01-07      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Caterpillar Financial Services Corp.                            | Caterpillar Financial Services Corp.                                                          | CUSIP: 14913UAW0<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |   2155000 | PA      | $2152545.30   | 0.22%             | 2027-01-07      | Floating      | 4.05%                 | No            |                  2 | On Loan: No      |
| Caterpillar Financial Services Corp.                            | Caterpillar Financial Services Corp.                                                          | CUSIP: 14913UBD1<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7469685.98   | 0.77%             | 2028-11-14      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Citibank NA                                                     | Citibank NA                                                                                   | CUSIP: 17325FBJ6<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   4420000 | PA      | $4426739.09   | 0.46%             | 2026-08-06      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| Citibank NA                                                     | Citibank NA                                                                                   | CUSIP: 17325FBM9<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   8450000 | PA      | $8456700.85   | 0.87%             | 2027-11-19      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| CNH Equipment Trust                                             | CNH Equipment Trust, Series 2026-A, Class A2A                                                 | CUSIP: 189920AB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5218000 | PA      | $5208135.37   | 0.54%             | 2029-06-15      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| Commerzbank AG                                                  | Commerzbank AG                                                                                | CUSIP: 20259YMY4<br>LEI: 851WYGNLUQLFZBSYGB56 | Long             | STIV             | CORP              | DE        |   3280000 | PA      | $3274698.54   | 0.34%             | 2027-02-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Commonwealth Bank of Australia                                  | Commonwealth Bank of Australia                                                                | CUSIP: 20271RAV2<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |   3035000 | PA      | $3050491.55   | 0.31%             | 2028-03-14      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| Commonwealth Bank of Australia                                  | Commonwealth Bank of Australia, Series C                                                      | CUSIP: 20271RAX8<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |   1740000 | PA      | $1743807.36   | 0.18%             | 2029-03-27      | Fixed         | 4.36%                 | No            |                  2 | On Loan: No      |
| Commonwealth Bank of Australia                                  | Commonwealth Bank of Australia                                                                | CUSIP: 2027A0KV0<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |   2770000 | PA      | $2772526.02   | 0.29%             | 2026-11-27      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                        | Cooperatieve Rabobank UA                                                                      | CUSIP: 21684X5Y8<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | STIV             | CORP              | NL        |   5470000 | PA      | $5463819.99   | 0.56%             | 2026-11-16      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                        | Cooperatieve Rabobank UA                                                                      | CUSIP: 21688ABK7<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |   5610000 | PA      | $5685108.31   | 0.59%             | 2028-01-21      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                        | Cooperatieve Rabobank UA                                                                      | CUSIP: 21688ABN1<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |   6210000 | PA      | $6226425.45   | 0.64%             | 2027-05-27      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| Credit Agricole Corporate and Investment Bank                   | Credit Agricole Corporate and Investment Bank                                                 | CUSIP: 22536JXP5<br>LEI: 254900BN8XS34XZDJ223 | Long             | STIV             | CORP              | FR        |   9420000 | PA      | $9431291.75   | 0.97%             | 2026-07-31      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| Credit Industriel et Commercial                                 | Credit Industriel et Commercial                                                               | CUSIP: 22536WK39<br>LEI: N4JDFKKH2FTD8RKFXO39 | Long             | STIV             | CORP              | FR        |   6000000 | PA      | $6001173.00   | 0.62%             | 2026-05-12      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| DNB Bank ASA                                                    | DNB Bank ASA                                                                                  | CUSIP: 2332K1K58<br>LEI: 549300GKFG0RYRRQ1414 | Long             | STIV             | CORP              | NO        |   3000000 | PA      | $2949894.90   | 0.30%             | 2026-10-05      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Daimler Truck Finance North America LLC                         | Daimler Truck Finance North America LLC                                                       | CUSIP: 233853AV2<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   2260000 | PA      | $2272040.83   | 0.23%             | 2027-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Daimler Truck Finance North America LLC                         | Daimler Truck Finance North America LLC                                                       | CUSIP: 233853BC3<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   1775000 | PA      | $1789196.57   | 0.18%             | 2028-01-13      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Daimler Truck Finance North America LLC                         | Daimler Truck Finance North America LLC                                                       | CUSIP: 233853BG4<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   1620000 | PA      | $1616758.85   | 0.17%             | 2027-08-12      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Daimler Truck Finance North America LLC                         | Daimler Truck Finance North America LLC                                                       | CUSIP: 233853BK5<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   2280000 | PA      | $2250961.51   | 0.23%             | 2029-01-12      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                                 | Danske Bank A/S                                                                               | CUSIP: 23636REF7<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | STIV             | CORP              | DK        |   8120000 | PA      | $8107309.25   | 0.84%             | 2026-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp.                                        | John Deere Capital Corp.                                                                      | CUSIP: 24422EXV6<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |   1165000 | PA      | $1167778.49   | 0.12%             | 2027-07-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp.                                        | John Deere Capital Corp.                                                                      | CUSIP: 24422EXY0<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |   2780000 | PA      | $2789268.52   | 0.29%             | 2027-01-08      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                | Deutsche Bank AG                                                                              | CUSIP: 25161DAL7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | STIV             | CORP              | DE        |   8730000 | PA      | $8738559.77   | 0.90%             | 2026-07-17      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| TWDC Enterprises 18 Corp.                                       | TWDC Enterprises 18 Corp.                                                                     | CUSIP: 25468PDV5<br>LEI: 7260JQNI6SCF9FIV2392 | Long             | DBT              | CORP              | US        |   6040000 | PA      | $5966659.12   | 0.62%             | 2027-06-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| E.ON SE                                                         | E.ON SE                                                                                       | CUSIP: 26877KF21<br>LEI: Q9MAIUP40P25UFBFG033 | Long             | STIV             | CORP              | DE        |   2000000 | PA      | $1992549.40   | 0.21%             | 2026-06-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Eaton Corp.                                                     | Eaton Corp.                                                                                   | CUSIP: 278058DV1<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |   2550000 | PA      | $2532765.75   | 0.26%             | 2028-03-06      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Eaton Capital ULC                                               | Eaton Capital ULC                                                                             | CUSIP: 27806CEC2<br>LEI: 549300OLS85LSODKAF64 | Long             | STIV             | CORP              | IE        |   4500000 | PA      | $4494036.60   | 0.46%             | 2026-05-12      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Equitable America Global Funding                                | Equitable America Global Funding                                                              | CUSIP: 29446Q2C6<br>LEI: 98450066CCBIACF06694 | Long             | DBT              | CORP              | US        |    830000 | PA      | $822492.60    | 0.08%             | 2027-09-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Equitable America Global Funding                                | Equitable America Global Funding                                                              | CUSIP: 29446Q2D4<br>LEI: 98450066CCBIACF06694 | Long             | DBT              | CORP              | US        |   3115000 | PA      | $3118101.70   | 0.32%             | 2027-09-15      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| Equitable America Global Funding                                | Equitable America Global Funding                                                              | CUSIP: 29446Q2F9<br>LEI: 98450066CCBIACF06694 | Long             | DBT              | CORP              | US        |   6050000 | PA      | $5992386.76   | 0.62%             | 2028-12-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Federation des Caisses Desjardins du Quebec                     | Federation des Caisses Desjardins du Quebec                                                   | CUSIP: 31428GPR8<br>LEI: 549300B2Q47IR0CR5B54 | Long             | STIV             | CORP              | CA        |   8500000 | PA      | $8224497.15   | 0.85%             | 2027-02-25      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co.                                       | Florida Power & Light Co.                                                                     | CUSIP: 341081GR2<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |   1915000 | PA      | $1915179.01   | 0.20%             | 2026-05-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust                                    | Ford Credit Auto Lease Trust, Series 2026-A, Class A2A                                        | CUSIP: 345276AB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1940000 | PA      | $1937365.48   | 0.20%             | 2028-08-15      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                                    | Ford Credit Auto Owner Trust, Series 2025-B, Class A2B                                        | CUSIP: 34532BAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2415220 | PA      | $2414219.70   | 0.25%             | 2028-06-15      | Floating      | 3.94%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                                    | Ford Credit Auto Owner Trust, Series 2025-C, Class A2A                                        | CUSIP: 34535LAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1862000 | PA      | $1861957.73   | 0.19%             | 2028-09-15      | Fixed         | 3.99%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                                    | Ford Credit Auto Owner Trust, Series 2025-C, Class A2B                                        | CUSIP: 34535LAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1770000 | PA      | $1769330.23   | 0.18%             | 2028-09-15      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| General Dynamics Corp.                                          | General Dynamics Corp.                                                                        | CUSIP: 369550BL1<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |   1970000 | PA      | $1962606.20   | 0.20%             | 2027-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                            | Glencore Funding LLC                                                                          | CUSIP: 37790BE56<br>LEI: 213800STG1QDNBY87K49 | Long             | STIV             | CORP              | US        |   2500000 | PA      | $2498650.25   | 0.26%             | 2026-05-05      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                            | Glencore Funding LLC                                                                          | CUSIP: 37790BE64<br>LEI: 213800STG1QDNBY87K49 | Long             | STIV             | CORP              | US        |   3250000 | PA      | $3247893.68   | 0.34%             | 2026-05-06      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| HSBC USA, Inc.                                                  | HSBC USA, Inc.                                                                                | CUSIP: 40434REK4<br>LEI: 549300LBOHZ4QSIWU288 | Long             | STIV             | CORP              | US        |   9730000 | PA      | $9710222.80   | 1.00%             | 2026-05-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HSBC USA, Inc.                                                  | HSBC USA, Inc.                                                                                | CUSIP: 40446MMP1<br>LEI: 549300LBOHZ4QSIWU288 | Long             | STIV             | CORP              | US        |   2680000 | PA      | $2609797.13   | 0.27%             | 2026-12-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HSBC Bank plc                                                   | HSBC Bank plc                                                                                 | CUSIP: 40446MRV3<br>LEI: MP6I5ZYZBEU3UXPYFY54 | Long             | STIV             | CORP              | GB        |   6620000 | PA      | $6352271.97   | 0.66%             | 2027-04-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Home Depot, Inc. (The)                                          | Home Depot, Inc. (The)                                                                        | CUSIP: 437076CZ3<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2905530.42   | 0.30%             | 2026-06-25      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner Trust                              | Honda Auto Receivables Owner Trust, Series 2025-4, Class A2B                                  | CUSIP: 43814XAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3579000 | PA      | $3580144.56   | 0.37%             | 2028-06-15      | Floating      | 4.02%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner Trust                              | Honda Auto Receivables Owner Trust, Series 2026-1, Class A2B                                  | CUSIP: 43815CAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7598000 | PA      | $7598752.20   | 0.78%             | 2028-09-21      | Floating      | 3.98%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                         | Hyundai Capital America                                                                       | CUSIP: 44891ACT2<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   2625000 | PA      | $2640210.20   | 0.27%             | 2027-01-08      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                         | Hyundai Capital America                                                                       | CUSIP: 44891ADA2<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   2005000 | PA      | $2008474.81   | 0.21%             | 2026-06-24      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                         | Hyundai Capital America                                                                       | CUSIP: 44891ADJ3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   2965000 | PA      | $2976934.18   | 0.31%             | 2027-09-24      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                         | Hyundai Capital America                                                                       | CUSIP: 44891ADP9<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   3030000 | PA      | $3042303.47   | 0.31%             | 2027-03-25      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                         | Hyundai Capital America                                                                       | CUSIP: 44891ADY0<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   2835000 | PA      | $2847132.69   | 0.29%             | 2027-06-23      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                                  | Hyundai Auto Receivables Trust, Series 2025-D, Class A2B                                      | CUSIP: 44891XAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7053000 | PA      | $7054370.40   | 0.73%             | 2028-11-15      | Floating      | 4.02%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitization Trust                         | Hyundai Auto Lease Securitization Trust, Series 2026-A, Class A2A                             | CUSIP: 448970AB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4109000 | PA      | $4102358.62   | 0.42%             | 2028-05-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitization Trust                         | Hyundai Auto Lease Securitization Trust, Series 2026-A, Class A2B                             | CUSIP: 448970AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1921000 | PA      | $1920972.91   | 0.20%             | 2028-05-15      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitization Trust                         | Hyundai Auto Lease Securitization Trust, Series 2026-B, Class A2B                             | CUSIP: 448972AC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4456000 | PA      | $4456488.38   | 0.46%             | 2028-09-15      | Floating      | 4.04%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                                  | Hyundai Auto Receivables Trust, Series 2026-A, Class A2B                                      | CUSIP: 448981AC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7564000 | PA      | $7558746.05   | 0.78%             | 2029-02-15      | Floating      | 3.98%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital Services, Inc.                                  | Hyundai Capital Services, Inc.                                                                | CUSIP: 44920UAX6<br>LEI: 549300MALMDAGL2ZJJ27 | Long             | DBT              | CORP              | KR        |   5790000 | PA      | $5856479.97   | 0.60%             | 2028-01-22      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                                  | Hyundai Auto Receivables Trust, Series 2025-C, Class A2B                                      | CUSIP: 44935JAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2381744 | PA      | $2380930.05   | 0.25%             | 2028-07-17      | Floating      | 3.99%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                               | State of Illinois, Series 2026A                                                               | CUSIP: 452153PS2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    285000 | PA      | $285521.61    | 0.03%             | 2027-04-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| International Business Machines Corp.                           | International Business Machines Corp.                                                         | CUSIP: 459200JZ5<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |   6070000 | PA      | $6068212.14   | 0.63%             | 2026-05-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                             | Intesa Sanpaolo SpA                                                                           | CUSIP: 46115K6V7<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | STIV             | CORP              | IT        |   5290000 | PA      | $5290361.84   | 0.55%             | 2026-05-14      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                          | JPMorgan Chase Bank NA                                                                        | CUSIP: 48125LRU8<br>LEI: 7H6GLXDRUGQFU57RNE97 | Long             | DBT              | CORP              | US        |   3030000 | PA      | $3048185.00   | 0.31%             | 2026-12-08      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| Lloyds Bank plc                                                 | Lloyds Bank plc                                                                               | CUSIP: 53943SG27<br>LEI: H7FNTJ4851HG0EXQ1Z70 | Long             | STIV             | CORP              | GB        |  15160000 | PA      | $15058629.63  | 1.55%             | 2026-07-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Lloyds Bank Corporate Markets plc                               | Lloyds Bank Corporate Markets plc                                                             | CUSIP: 53947B3U2<br>LEI: 213800MBWEIJDM5CU638 | Long             | STIV             | CORP              | GB        |   6090000 | PA      | $6091447.59   | 0.63%             | 2026-05-15      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| MUFG Bank Ltd.                                                  | Mizuho Bank Ltd., New York                                                                    | CUSIP: 55381BQZ4<br>LEI: C3GTMMZIHMY46P4OIX74 | Long             | STIV             | CORP              | JP        |   5650000 | PA      | $5649130.47   | 0.58%             | 2026-07-31      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd.                                             | Macquarie Bank Ltd.                                                                           | CUSIP: 55607LRP1<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | STIV             | CORP              | AU        |   5600000 | PA      | $5381224.80   | 0.56%             | 2027-04-23      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd.                                             | Macquarie Bank Ltd.                                                                           | CUSIP: 55608PBQ6<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |   1990000 | PA      | $2005475.69   | 0.21%             | 2026-12-07      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd.                                             | Macquarie Bank Ltd.                                                                           | CUSIP: 55608PBZ6<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |   4285000 | PA      | $4260596.58   | 0.44%             | 2028-02-03      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| Macquarie Group Ltd.                                            | Macquarie Group Ltd.                                                                          | CUSIP: 55608VE49<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | STIV             | CORP              | AU        |   9660000 | PA      | $9655747.67   | 1.00%             | 2026-05-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mars, Inc.                                                      | Mars, Inc.                                                                                    | CUSIP: 571676AW5<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   3370000 | PA      | $3381942.94   | 0.35%             | 2027-03-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Marriott International, Inc.                                    | Marriott International, Inc.                                                                  | CUSIP: 571903BV4<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |   3030000 | PA      | $3024070.50   | 0.31%             | 2027-07-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Marubeni Finance America LLC                                    | Marubeni Finance America LLC                                                                  | CUSIP: 57382FE18<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   6000000 | PA      | $5999322.60   | 0.62%             | 2026-05-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MassMutual Global Funding II                                    | MassMutual Global Funding II                                                                  | CUSIP: 57629TBW6<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |   5448000 | PA      | $5468658.38   | 0.56%             | 2028-03-27      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| MassMutual Global Funding II                                    | MassMutual Global Funding II                                                                  | CUSIP: 57629TCB1<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |   6630000 | PA      | $6558666.17   | 0.68%             | 2029-01-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Finance North America LLC                         | Mercedes-Benz Finance North America LLC                                                       | CUSIP: 58769JAT4<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |   2840000 | PA      | $2844026.27   | 0.29%             | 2026-07-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Metropolitan Life Global Funding I                              | Metropolitan Life Global Funding I                                                            | CUSIP: 592179KR5<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |   1295000 | PA      | $1289242.88   | 0.13%             | 2028-08-25      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Mitsubishi Corp.                                                | Mitsubishi Corp.                                                                              | CUSIP: 606769AL1<br>LEI: KVIPTY4PULAPGC1VVD26 | Long             | DBT              | CORP              | JP        |   1035000 | PA      | $1027942.53   | 0.11%             | 2028-09-09      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank NA                                          | Morgan Stanley Bank NA                                                                        | CUSIP: 61690U8F0<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   8770000 | PA      | $8776577.50   | 0.91%             | 2027-10-15      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                  | Morgan Stanley                                                                                | CUSIP: 61746BEF9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   9000000 | PA      | $8969127.12   | 0.93%             | 2027-01-20      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Private Bank NA                                  | Morgan Stanley Private Bank NA                                                                | CUSIP: 61776NZU0<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |   2305000 | PA      | $2297311.72   | 0.24%             | 2028-11-17      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| MUFG Bank Ltd.                                                  | MUFG Bank Ltd.                                                                                | CUSIP: 62479MF24<br>LEI: C3GTMMZIHMY46P4OIX74 | Long             | STIV             | CORP              | JP        |   3810000 | PA      | $3797239.17   | 0.39%             | 2026-06-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Taxable Municipal Funding Trust                                 | Taxable Municipal Funding Trust, Series 2020-11                                               | CUSIP: 62630WEL7<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |    720000 | PA      | $720000.00    | 0.07%             | 2030-09-01      | Variable      | 3.97%                 | No            |                  2 | On Loan: No      |
| NBN Co. Ltd.                                                    | NBN Co. Ltd.                                                                                  | CUSIP: 62878U2H4<br>LEI: 2549007CRZ2NT7S96A24 | Long             | DBT              | NUSS              | AU        |   5925000 | PA      | $5904399.49   | 0.61%             | 2027-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NTT Finance Corp.                                               | NTT Finance Corp.                                                                             | CUSIP: 62954WAP0<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |   2865000 | PA      | $2873051.57   | 0.30%             | 2027-07-16      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| National Australia Bank Ltd.                                    | National Australia Bank Ltd.                                                                  | CUSIP: 632525CG4<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |   2805000 | PA      | $2808870.90   | 0.29%             | 2028-03-06      | Floating      | 4.16%                 | No            |                  2 | On Loan: No      |
| National Bank of Canada                                         | National Bank of Canada                                                                       | CUSIP: 63307MGV5<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | STIV             | CORP              | CA        |   4080000 | PA      | $4041138.00   | 0.42%             | 2026-07-29      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| National Bank of Kuwait                                         | National Bank of Kuwait                                                                       | CUSIP: 63376GBD9<br>LEI: 549300NB7FE83IH6BW96 | Long             | STIV             | CORP              | KW        |   5325000 | PA      | $5316691.40   | 0.55%             | 2027-01-25      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp.              | National Rural Utilities Cooperative Finance Corp.                                            | CUSIP: 63743HFW7<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1359776.05   | 0.14%             | 2028-02-07      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp.              | National Rural Utilities Cooperative Finance Corp.                                            | CUSIP: 63743HFY3<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   7550000 | PA      | $7563026.09   | 0.78%             | 2026-11-22      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp.              | National Rural Utilities Cooperative Finance Corp.                                            | CUSIP: 63743HGA4<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   2690000 | PA      | $2690008.39   | 0.28%             | 2026-10-30      | Floating      | 3.97%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp.              | National Rural Utilities Cooperative Finance Corp., Series D                                  | CUSIP: 63743HGD8<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   2430000 | PA      | $2430583.20   | 0.25%             | 2027-08-09      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| National Securities Clearing Corp.                              | National Securities Clearing Corp.                                                            | CUSIP: 637639AN5<br>LEI: 549300RYC9NELN2ICA34 | Long             | DBT              | CORP              | US        |   5715000 | PA      | $5740019.30   | 0.59%             | 2027-05-20      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                                     | Nationwide Building Society                                                                   | CUSIP: 63859UBH5<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   8900000 | PA      | $8797676.88   | 0.91%             | 2026-10-13      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Natixis SA                                                      | Natixis SA                                                                                    | CUSIP: 63873TCN6<br>LEI: 2549003L5ZG5M2ZSE107 | Long             | STIV             | CORP              | FR        |   4460000 | PA      | $4460970.50   | 0.46%             | 2026-05-13      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| NatWest Markets plc                                             | NatWest Markets plc                                                                           | CUSIP: 63906YAM0<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |   4220000 | PA      | $4249588.40   | 0.44%             | 2028-03-21      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| New York Life Global Funding                                    | New York Life Global Funding                                                                  | CUSIP: 64953BCG1<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |   2405000 | PA      | $2393687.53   | 0.25%             | 2029-04-20      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| City of New York                                                | City of New York, Series 2026, Sub-Series H-1                                                 | CUSIP: 64966SUX2<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    615000 | PA      | $615619.43    | 0.06%             | 2028-02-01      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured | New York City Transitional Finance Authority Future Tax Secured, Series 2025J, Sub-Series J-2 | CUSIP: 64972JUW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2835000 | PA      | $2842523.81   | 0.29%             | 2026-11-01      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                           | NextEra Energy Capital Holdings, Inc.                                                         | CUSIP: 65339KCL2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   1790000 | PA      | $1797847.34   | 0.19%             | 2027-09-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                           | NextEra Energy Capital Holdings, Inc.                                                         | CUSIP: 65339KDG2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   2235000 | PA      | $2253696.53   | 0.23%             | 2028-02-04      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Nissan Auto Receivables Owner Trust                             | Nissan Auto Receivables Owner Trust, Series 2025-B, Class A2A                                 | CUSIP: 65490DAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2238000 | PA      | $2237662.73   | 0.23%             | 2028-07-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nissan Auto Receivables Owner Trust                             | Nissan Auto Receivables Owner Trust, Series 2025-B, Class A2B                                 | CUSIP: 65490DAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1413000 | PA      | $1413153.45   | 0.15%             | 2028-07-17      | Floating      | 4.02%                 | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                                 | Nordea Bank Abp                                                                               | CUSIP: 65558RAG4<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |   3150000 | PA      | $3175708.85   | 0.33%             | 2027-03-19      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                                 | Nordea Bank Abp                                                                               | CUSIP: 65558RAM1<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |   2210000 | PA      | $2218351.66   | 0.23%             | 2028-03-17      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| Northwestern Mutual Global Funding                              | Northwestern Mutual Global Funding                                                            | CUSIP: 66815L2V0<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |   3940000 | PA      | $3954772.64   | 0.41%             | 2028-03-21      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| Northwestern Mutual Global Funding                              | Northwestern Mutual Global Funding                                                            | CUSIP: 66815L2X6<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |   1425000 | PA      | $1420819.35   | 0.15%             | 2028-08-25      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Northwestern Mutual Global Funding                              | Northwestern Mutual Global Funding                                                            | CUSIP: 66815L3A5<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |   5125000 | PA      | $5132642.30   | 0.53%             | 2029-03-30      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                        | PNC Financial Services Group, Inc. (The)                                                      | CUSIP: 693475BY0<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   2645000 | PA      | $2648813.48   | 0.27%             | 2027-07-23      | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                        | PNC Financial Services Group, Inc. (The)                                                      | CUSIP: 693475CG8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   4040000 | PA      | $4019028.64   | 0.41%             | 2029-01-26      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| PNC Bank NA                                                     | PNC Bank NA                                                                                   | CUSIP: 69353RFY9<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |   4240000 | PA      | $4240409.54   | 0.44%             | 2027-05-13      | Variable      | 4.54%                 | No            |                  2 | On Loan: No      |
| Pacific Life Global Funding II                                  | Pacific Life Global Funding II                                                                | CUSIP: 6944PL3E7<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4997500.05   | 0.52%             | 2028-01-27      | Floating      | 4.26%                 | No            |                  2 | On Loan: No      |
| Pacific Life Global Funding II                                  | Pacific Life Global Funding II                                                                | CUSIP: 6944PL3G2<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |   6635000 | PA      | $6642520.18   | 0.69%             | 2027-02-04      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| Pacific Life Global Funding II                                  | Pacific Life Global Funding II                                                                | CUSIP: 6944PL3P2<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |   2405000 | PA      | $2398036.97   | 0.25%             | 2029-04-27      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PayPal Holdings, Inc.                                           | PayPal Holdings, Inc.                                                                         | CUSIP: 70450YAR4<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |   2080000 | PA      | $2083437.95   | 0.21%             | 2028-03-06      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| PayPal Holdings, Inc.                                           | PayPal Holdings, Inc.                                                                         | CUSIP: 70450YAS2<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |   1305000 | PA      | $1307011.02   | 0.13%             | 2028-03-06      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co. LP                                     | Penske Truck Leasing Co. LP                                                                   | CUSIP: 70962BE42<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | STIV             | CORP              | US        |   3750000 | PA      | $3748317.38   | 0.39%             | 2026-05-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pfizer, Inc.                                                    | Pfizer, Inc.                                                                                  | CUSIP: 717081FJ7<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |   1040000 | PA      | $1037512.38   | 0.11%             | 2027-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Phillips 66                                                     | Phillips 66                                                                                   | CUSIP: 71855BE40<br>LEI: 5493005JBO5YSIGK1814 | Long             | STIV             | CORP              | US        |   4500000 | PA      | $4498005.60   | 0.46%             | 2026-05-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Principal Life Global Funding II                                | Principal Life Global Funding II                                                              | CUSIP: 74256LFA2<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |   2910000 | PA      | $2917217.35   | 0.30%             | 2027-08-19      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Principal Life Global Funding II                                | Principal Life Global Funding II                                                              | CUSIP: 7425APAD7<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1118160.65   | 0.12%             | 2028-08-18      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Protective Life Global Funding                                  | Protective Life Global Funding                                                                | CUSIP: 743672AG2<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   8460000 | PA      | $8461322.89   | 0.87%             | 2026-07-22      | Floating      | 4.14%                 | No            |                  2 | On Loan: No      |
| Protective Life Global Funding                                  | Protective Life Global Funding                                                                | CUSIP: 743672AJ6<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   5440000 | PA      | $5453266.53   | 0.56%             | 2028-09-11      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| Protective Life Global Funding                                  | Protective Life Global Funding                                                                | CUSIP: 74368CBX1<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   3150000 | PA      | $3169436.82   | 0.33%             | 2027-01-12      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| Pure Grove Funding                                              | Pure Grove Funding                                                                            | CUSIP: 74625UJA2<br>LEI: 5493001D6K5CFMBUWV36 | Long             | STIV             | CORP              | CA        |   5320000 | PA      | $5243262.72   | 0.54%             | 2026-09-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Finance USA plc                                       | Rio Tinto Finance USA plc                                                                     | CUSIP: 76720AAQ9<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |   1040000 | PA      | $1043809.43   | 0.11%             | 2027-03-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Finance USA plc                                       | Rio Tinto Finance USA plc                                                                     | CUSIP: 76720AAY2<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |   1395000 | PA      | $1399804.74   | 0.14%             | 2028-03-14      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| Salesforce, Inc.                                                | Salesforce, Inc.                                                                              | CUSIP: 79466LAQ7<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |   7720000 | PA      | $7727249.16   | 0.80%             | 2028-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Salisbury Receivables Co. LLC                                   | Salisbury Receivables Co. LLC                                                                 | CUSIP: 79490BF43<br>LEI: 549300HB2PGDP0V6U989 | Long             | STIV             | CORP              | US        |   2710000 | PA      | $2699974.90   | 0.28%             | 2026-06-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Siemens Financieringsmaatschappij NV                            | Siemens Financieringsmaatschappij NV                                                          | CUSIP: 826200AD9<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |   8750000 | PA      | $8802615.68   | 0.91%             | 2026-08-17      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Skandinaviska Enskilda Banken AB                                | Skandinaviska Enskilda Banken AB                                                              | CUSIP: 830505BE2<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |   6205000 | PA      | $6216174.34   | 0.64%             | 2028-06-02      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                                         | Standard Chartered Bank                                                                       | CUSIP: 85324UEM1<br>LEI: RILFO74KP1CM8P6PCT96 | Long             | STIV             | CORP              | GB        |   9370000 | PA      | $9349550.91   | 0.96%             | 2026-05-21      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                                         | Standard Chartered Bank, New York                                                             | CUSIP: 85325VTX8<br>LEI: RILFO74KP1CM8P6PCT96 | Long             | STIV             | CORP              | GB        |   3400000 | PA      | $3400685.68   | 0.35%             | 2027-02-05      | Floating      | 4.05%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp.                                                 | Starbucks Corp.                                                                               | CUSIP: 855244BG3<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |   3130000 | PA      | $3144284.69   | 0.32%             | 2027-02-08      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                                   | State Street Bank & Trust Co.                                                                 | CUSIP: 857449AD4<br>LEI: 571474TGEMMWANRLN572 | Long             | DBT              | CORP              | US        |   1135000 | PA      | $1136543.60   | 0.12%             | 2026-11-25      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| Stryker Corp.                                                   | Stryker Corp.                                                                                 | CUSIP: 863667BJ9<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |   5935000 | PA      | $5958292.56   | 0.61%             | 2027-02-10      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.                           | Sumitomo Mitsui Financial Group, Inc.                                                         | CUSIP: 86562MEJ5<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |   6095000 | PA      | $6046379.70   | 0.62%             | 2029-01-15      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Bank Ltd.                                 | Sumitomo Mitsui Trust Bank Ltd.                                                               | CUSIP: 86563VBT5<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |   2770000 | PA      | $2774333.11   | 0.29%             | 2027-09-10      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Bank Ltd.                                 | Sumitomo Mitsui Trust Bank Ltd.                                                               | CUSIP: 86563VCH0<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |   2750000 | PA      | $2750448.64   | 0.28%             | 2029-03-05      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust                             | Toyota Auto Receivables Owner Trust, Series 2025-D, Class A2A                                 | CUSIP: 89231GAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2067871 | PA      | $2066885.44   | 0.21%             | 2028-08-15      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust                             | Toyota Auto Receivables Owner Trust, Series 2025-D, Class A2B                                 | CUSIP: 89231GAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1466943 | PA      | $1467206.61   | 0.15%             | 2028-08-15      | Floating      | 3.96%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp.                                       | Toyota Motor Credit Corp.                                                                     | CUSIP: 89236TMD4<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   2975000 | PA      | $2976491.81   | 0.31%             | 2026-05-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp.                                       | Toyota Motor Credit Corp.                                                                     | CUSIP: 89236TPE9<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   7700000 | PA      | $7707569.10   | 0.80%             | 2027-06-09      | Floating      | 4.07%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust                             | Toyota Auto Receivables Owner Trust, Series 2026-A, Class A2A                                 | CUSIP: 89240KAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3734000 | PA      | $3728919.89   | 0.38%             | 2028-12-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust                             | Toyota Auto Receivables Owner Trust, Series 2026-A, Class A2B                                 | CUSIP: 89240KAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1186000 | PA      | $1186246.33   | 0.12%             | 2028-12-15      | Floating      | 3.97%                 | No            |                  2 | On Loan: No      |
| Toyota Lease Owner Trust                                        | Toyota Lease Owner Trust, Series 2025-B, Class A2B                                            | CUSIP: 89240NAC6<br>LEI: 25490023VYI9VGKU0357 | Long             | ABS-O            | CORP              | US        |   1321937 | PA      | $1322139.78   | 0.14%             | 2028-05-22      | Floating      | 3.98%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust                             | Toyota Auto Receivables Owner Trust, Series 2026-B, Class A2B                                 | CUSIP: 89240QAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4360000 | PA      | $4362177.82   | 0.45%             | 2029-02-15      | Floating      | 4.02%                 | No            |                  2 | On Loan: No      |
| Truist Bank                                                     | Truist Bank                                                                                   | CUSIP: 89788JAE9<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |   4955000 | PA      | $4954350.30   | 0.51%             | 2027-05-20      | Variable      | 4.67%                 | No            |                  2 | On Loan: No      |
| Truist Bank                                                     | Truist Bank, Series I                                                                         | CUSIP: 89788JAJ8<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2090319.21   | 0.22%             | 2029-01-27      | Variable      | 4.14%                 | No            |                  2 | On Loan: No      |
| UBS AG                                                          | UBS AG                                                                                        | CUSIP: 90261AAD4<br>LEI: 254900R882POXXVAK772 | Long             | DBT              | CORP              | CH        |   3420000 | PA      | $3433043.67   | 0.35%             | 2028-01-10      | Variable      | 4.86%                 | No            |                  2 | On Loan: No      |
| UBS AG                                                          | UBS AG                                                                                        | CUSIP: 90261AAE2<br>LEI: 254900R882POXXVAK772 | Long             | DBT              | CORP              | CH        |   7760000 | PA      | $7764647.39   | 0.80%             | 2027-05-17      | Floating      | 4.19%                 | No            |                  2 | On Loan: No      |
| USAA Auto Owner Trust                                           | USAA Auto Owner Trust, Series 2025-A, Class A2                                                | CUSIP: 90327HAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1558221 | PA      | $1558236.64   | 0.16%             | 2028-03-15      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| United Overseas Bank Ltd.                                       | United Overseas Bank Ltd.                                                                     | CUSIP: 91127KAL6<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | DBT              | CORP              | SG        |   3035000 | PA      | $3043076.80   | 0.31%             | 2028-04-02      | Floating      | 4.24%                 | No            |                  2 | On Loan: No      |
| United States of America                                        | U.S. Treasury Notes                                                                           | CUSIP: 91282CLH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5815000 | PA      | $5814909.17   | 0.60%             | 2026-08-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States of America                                        | U.S. Treasury Notes                                                                           | CUSIP: 91282CLP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2930000 | PA      | $2926952.68   | 0.30%             | 2026-09-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                        | U.S. Treasury Notes                                                                           | CUSIP: 91282CLS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13355000 | PA      | $13378475.55  | 1.38%             | 2026-10-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group, Inc.                                        | UnitedHealth Group, Inc.                                                                      | CUSIP: 91324PFF4<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    850000 | PA      | $851326.37    | 0.09%             | 2026-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VW Credit, Inc.                                                 | VW Credit, Inc.                                                                               | CUSIP: 91842KEC6<br>LEI: 549300UUPJ2NXDB68M19 | Long             | STIV             | CORP              | US        |   2250000 | PA      | $2246952.15   | 0.23%             | 2026-05-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| VW Credit, Inc.                                                 | VW Credit, Inc.                                                                               | CUSIP: 91842KG18<br>LEI: 549300UUPJ2NXDB68M19 | Long             | STIV             | CORP              | US        |   3070000 | PA      | $3048110.90   | 0.31%             | 2026-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Verto Capital I Compartment D                                   | Verto Capital I Compartment D                                                                 | CUSIP: 92541DED2<br>LEI: 6354002PK2XXIMVH8H29 | Long             | STIV             | CORP              | LU        |   2680000 | PA      | $2676367.80   | 0.28%             | 2026-05-13      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Volkswagen Group of America Finance LLC                         | Volkswagen Group of America Finance LLC                                                       | CUSIP: 928668CV2<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   3280000 | PA      | $3270539.92   | 0.34%             | 2027-09-11      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Lease Trust                                     | Volkswagen Auto Lease Trust, Series 2025-B, Class A2B                                         | CUSIP: 92868BAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2079375 | PA      | $2080217.15   | 0.21%             | 2028-04-20      | Floating      | 4.01%                 | No            |                  2 | On Loan: No      |
| WEC Energy Group, Inc.                                          | WEC Energy Group, Inc.                                                                        | CUSIP: 92939UAL0<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |   3575000 | PA      | $3594935.38   | 0.37%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Waste Management, Inc.                                          | Waste Management, Inc.                                                                        | CUSIP: 94106LBX6<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |   2155000 | PA      | $2174812.53   | 0.22%             | 2027-07-03      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                               | Wells Fargo & Co., Series W                                                                   | CUSIP: 95000U3R2<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   2010000 | PA      | $2017139.66   | 0.21%             | 2028-01-24      | Variable      | 4.90%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                               | Wells Fargo & Co.                                                                             | CUSIP: 95000U3S0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   2980000 | PA      | $2983912.74   | 0.31%             | 2028-01-24      | Floating      | 4.42%                 | No            |                  2 | On Loan: No      |
| Westpac New Zealand Ltd.                                        | Westpac New Zealand Ltd.                                                                      | CUSIP: 96122FAF4<br>LEI: 549300MW73M5PK1PNG73 | Long             | DBT              | CORP              | NZ        |   2050000 | PA      | $2035294.00   | 0.21%             | 2029-01-29      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                           | Westpac Banking Corp.                                                                         | CUSIP: 9612C1J81<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | STIV             | CORP              | AU        |   6000000 | PA      | $5916400.80   | 0.61%             | 2026-09-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                           | Westpac Banking Corp.                                                                         | CUSIP: 9612E0DL8<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |   2900000 | PA      | $2902097.54   | 0.30%             | 2028-03-06      | Floating      | 4.16%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                           | Westpac Banking Corp.                                                                         | CUSIP: 96130AD88<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | STIV             | CORP              | AU        |   3750000 | PA      | $3749497.88   | 0.39%             | 2026-08-12      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                           | Westpac Banking Corp.                                                                         | CUSIP: 96130AH92<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | STIV             | CORP              | AU        |   5100000 | PA      | $5097110.85   | 0.53%             | 2027-03-16      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                  | BNP Paribas SA                                                                                | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | RA               | CORP              | FR        |   8250000 | PA      | $8250000.00   | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Citigroup Global Markets, Inc.                                  | Citigroup Global Markets, Inc.                                                                | CUSIP: N/A<br>LEI: MBNUM2BPBDO7JBLYG310       | Long             | RA               | CORP              | US        |  13000000 | PA      | $13000000.00  | 1.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Citigroup Global Markets, Inc.                                  | Citigroup Global Markets, Inc.                                                                | CUSIP: N/A<br>LEI: MBNUM2BPBDO7JBLYG310       | Long             | RA               | CORP              | US        |   6000000 | PA      | $6000000.00   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Mizuho Securities USA LLC                                       | Mizuho Securities USA LLC                                                                     | CUSIP: N/A<br>LEI: 7TK5RJIZDFROZCA6XF66       | Long             | RA               | CORP              | US        |  19000000 | PA      | $19000000.00  | 1.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Mizuho Securities USA LLC                                       | Mizuho Securities USA LLC                                                                     | CUSIP: N/A<br>LEI: 7TK5RJIZDFROZCA6XF66       | Long             | RA               | CORP              | US        |   3500000 | PA      | $3500000.00   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs & Co. LLC                                         | Goldman Sachs & Co. LLC                                                                       | CUSIP: N/A<br>LEI: FOR8UP27PHTHYVLBNG30       | Long             | RA               | CORP              | US        |  20000000 | PA      | $20000000.00  | 2.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank Securities, Inc.                                  | Deutsche Bank Securities, Inc.                                                                | CUSIP: N/A<br>LEI: 9J6MBOOO7BECTDTUZW19       | Long             | RA               | CORP              | US        |   3500000 | PA      | $3500000.00   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Wells Fargo Securities LLC                                      | Wells Fargo Securities LLC                                                                    | CUSIP: N/A<br>LEI: VYVVCKR63DVZZN70PB21       | Long             | RA               | CORP              | US        |  12500000 | PA      | $12500000.00  | 1.29%             |  |  |  | No            |                  2 | On Loan: No      |
| BofA Securities, Inc.                                           | BofA Securities, Inc.                                                                         | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Long             | RA               | CORP              | US        |  12250000 | PA      | $12250000.00  | 1.26%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Securities LLC                                         | JPMorgan Securities LLC                                                                       | CUSIP: N/A<br>LEI: ZBUT11V806EZRVTWT807       | Long             | RA               | CORP              | US        |   6220000 | PA      | $6220000.00   | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander SA                                              | Banco Santander SA                                                                            | CUSIP: N/A<br>LEI: 5493006QMFDDMYWIAM13       | Long             | RA               | CORP              | US        |  15500000 | PA      | $15500000.00  | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** BlackRock Funds

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer