# EDGAR Filing Document

**Accession Number:** 0000932381
**File Stem:** 0001752724-23-025108
**Filing Date:** 2023-2
**Character Count:** 228131
**Document Hash:** 64932fcfd63e40d536c7c14f0bab3c69
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-025108.hdr.sgml**: 20230215

**ACCESSION NUMBER**: 0001752724-23-025108

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230215

**DATE AS OF CHANGE**: 20230215

**PERIOD START**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tributary Funds, Inc.
- **CENTRAL INDEX KEY:** 0000932381
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** NE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08846
- **FILM NUMBER:** 23633654

**BUSINESS ADDRESS:**
- **STREET 1:** 1620 DODGE STREET
- **STREET 2:** STOP 1075
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68197
- **BUSINESS PHONE:** 1-800-662-4203

**MAIL ADDRESS:**
- **STREET 1:** 1620 DODGE STREET
- **STREET 2:** STOP 1075
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68197

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST FOCUS FUNDS INC
- **DATE OF NAME CHANGE:** 20010731

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST OMAHA FUNDS INC
- **DATE OF NAME CHANGE:** 19941103

## Series and Classes Contracts Data

### Income Fund (Series ID: S000022135)

| Class ID   | Class Name         | Ticker Symbol   |
|:---|:---|:---|
| C000063509 | Institutional      | FOINX           |
| C000091255 | Institutional Plus | FOIPX           |

## Nport-Ex

QUARTERLY REPORT 2022

# **TRIBUTARY FUNDS**

# **SCHEDULES OF PORTFOLIO INVESTMENTS**

December 31, 2022 (Unaudited)

# **SHORT-INTERMEDIATE BOND FUND**

| Principal Amount | Security Description | Value | Principal Amount | Security Description | Value |
| --- | --- | --- | --- | --- | --- |
| Non-U.S. Government Agency Asset Backed Securities - 46.6% |  |  | $472,802 | NMEF Funding, LLC, 0.81%, 12/15/27 (a) | $466,091 |
| Asset Backed Securities - 22.4% |  |  | 987,547 | NMEF Funding, LLC, 2.58%, 10/16/28 (a) | 952,388 |
| $657,157 | Affirm Asset Securitization Trust, 1.07%, 08/15/25 (a) | $638,645 | 1,725,000 | NMEF Funding, LLC, 6.07%, 06/15/29 (a) | 1,722,202 |
| 1,658,013 | American Homes 4 Rent Trust, 3.68% |  |  |  |  |

See accompanying Notes to Schedules of Portfolio Investments.

1

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)[{"box_2d": [25, 125, 711, 223], "label": "table", "caption": "

| Principal | 12/17/06 (a) | Security | Value | 1,596,146 | Principal | 1,159,884 | Security | North Texas Higher Education | Value |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| $1,316,698 | AMSH Trust | Description | $1,316,698 | $1,316,698 | $1,316,698 | AMSH Trust | Description | $1,316,698 | $1,316,698 |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

| Amount | AMSH Trust | Description |  |  | Amount | AMSH Trust | Description |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 | 1,308,188 | AMSH Trust | Description | $1,308,188 | $1,308,188 |

<tr><td>1,308,188</td><td>AMSH Trust</td><td>Description</td><td>$1,308,188</td><td>$1,308,188</td><td>1,308,188</td><td>AMSH Trust</td><td>Description</td><td>$1,308,188</td><td>$1,308,188</td></tr></table><table><thead><tr><th>Amount</th><th>AMSH Trust</th><th>Description</th><th></th><th></th><th>Amount</th><th>AMSH Trust</th><th>Description</th><th></th><th></th></tr></thead><tr><td>1,308,188</td><td>AMSH Trust</td><td>Description</td><td>$1,

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)

| Principal | Security | Sec accompanying Notes to Schedules of Portfolio | Principal | Security | Value |
| --- | --- | --- | --- | --- | --- |
| Amount | 8,850,000.00 | 2,000,000.00 | Amount | 2,000,000.00 | 603,703 |
| $1,000,000 | Cascade Funding Mortgage Trust | 47,603,953 | $11,679 | Professional Services, Inc. Ltd. | 1,673,793 |
| $300,373 | Bond Asset Broker Services Trust | 1,000,000 |  | Professional Services, Inc. Ltd. | 102,748 |
| Non-Agency | Commercial Mortgage (Backed Securities): 16.4% | 105,000 |  | Professional Services, Inc. Ltd. | 5,250 |
| 1,000,000 | Commercial Mortgage (Backed Securities): 16.4% | 1,471,495 | 610,000 | Professional Services, Inc. Ltd. | 587,052 |
| 1,000,000 | Commercial Mortgage (Backed Securities): 16.4% | 2,000,000 | 25,905 | Professional Services, Inc. Ltd. | 2 |
| 1,000,000 | Commercial Mortgage (Backed Securities): 16.4% | 2,000,000 | 1,000,000 | Professional Services, Inc. Ltd. | 2 |
| 1,000,000 | Commercial Mortgage (Backed Securities): 16.4% | 1,752,471 |  | Professional Services, Inc. Ltd. | 2 |
| 1,015,000 | Commercial Mortgage (Backed Securities): 16.4% | 1,752,471 | 5,085 | Professional Services, Inc. Ltd. | 985,835 |
| 2,000,000 | Commercial Mortgage (Backed Securities): 16.4% | 2,000,000 |  | Professional Services, Inc. Ltd. | 985,835 |

# QUARTERLY REPORT 2022

TRIDUTARI FUNDS

# SCHEDULES OF PORTFOLIO INVESTMENTS

SHORT-INTERMEDIATE BOND FUND

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)

| Principal | 1.25% | 2.50% | 3.00% | 4.00% | 5.00% | 6.00% | 7.00% | 8.00% | 9.00% | 10.00% | 11.00% | 12.00% | 13.00% | 14.00% | 15.00% | 16.00% | 17.00% | 18.00% | 19.00% | 20.00% | 21.00% | 22.00% | 23.00% | 24.00% | 25.00% | 26.00% | 27.00% | 28.00% | 29.00% | 30.00% | 31.00% | 32.00% | 33.00% | 34.00% | 35.00% | 36.00% | 37.00% | 38.00% | 39.00% | 40.00% | 41.00% | 42.00% | 43.00% | 44.00% | 45.00% | 46.00% | 47.00% | 48.00% | 49.00% | 50.00% | 51.00% | 52.00% | 53.00% | 54.00% | 55.00% | 56.00% | 57.00% | 58.00% | 59.00% | 60.00% | 61.00% | 62.00% | 63.00% | 64.00% | 65.00% | 66.00% | 67.00% | 68.00% | 69.00% | 70.00% | 71.00% | 72.00% | 73.00% | 74.00% | 75.00% | 76.00% | 77.00% | 78.00% | 79.00% | 80.00% | 81.00% | 82.00% | 83.00% | 84.00% | 85.00% | 86.00% | 87.00% | 88.00% | 89.00% | 90.00% | 91.00% | 92.00% | 93.00% | 94.00% | 95.00% | 96.00% | 97.00% | 98.00% | 99.00% | 100.00% |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Principal | 1.25% | 2.50% | 3.00% | 4.00% | 5.00% | 6.00% | 7.00% | 8.00% | 9.00% | 10.00% | 11.00% | 12.00% | 13.00% | 14.00% | 15.00% | 16.00% | 17.00% | 18.00% | 19.00% | 20.00% | 21.00% | 22.00% | 23.00% | 24.00% | 25.00% | 26.00% | 27.00% | 28.00% | 29.00% | 30.00% | 31.00% | 32.00% | 33.00% | 34.00% | 35.00% | 36.00% | 37.00% | 38.00% | 39.00% | 40.00% | 41.00% | 42.00% | 43.00% | 44.00% | 45.00% | 46.00% | 47.00% | 48.00% | 49.00% | 50.00% | 51.00% | 52.00% | 53.00% | 54.00% | 55.00% | 56.00% | 57.00% | 58.00% | 59.00% | 60.00% | 61.00% | 62.00% | 63.00% | 64.00% | 65.00% | 66.00% | 67.00% | 68.00% | 69.00% | 70.00% | 71.00% | 72.00% | 73.00% | 74.00% | 75.00% | 76.00% | 77.00% | 78.00% | 79.00% | 80.00% | 81.00% | 82.00% | 83.00% | 84.00% | 85.00% | 86.00% | 87.00% | 88.00% | 89.00% | 90.00% | 91.00% | 92.00% | 93.00% | 94.00% | 95.00% | 96.00% | 97.00% | 98.00% | 99.00% | 100.00% |

# QUARTERLY REPORT 2022

TRIDUTARI FUNDS

SCHEDULES OF PORTFOLIO INVESTMENTS

SHORT-INTERMEDIATE BOND FUND

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)

| Principal | Description | Value | Funding | Sub-Fund | Total |
| --- | --- | --- | --- | --- | --- |
| 2,000,000 | Bank of India (B) 2,000,000 | $2,000,000 | Preferred Stock | 2,000,000 | 2,000,000 |
| 2,000,000 | Bank of India (B) 2,000,000 | $2,000,000 | Preferred Stock | 2,000,000 | 2,000,000 |
| $300,000 | Bank of India (B) 300,000 | $300,000 | Preferred Stock | 2,000,000 | 2,000,000 |
| 1,100,000 | Bank of India (B) 1,100,000 | $1,100,000 | Preferred Stock | 1,100,000 | 1,100,000 |
| 1,100,000 | Bank of India (B) 1,100,000 | $1,100,000 | Preferred Stock | 1,100,000 | 1,100,000 |
| 1,100,000 | Bank of India (B) 1,100,000 | $1,100,000 | Preferred Stock | 1,100,000 | 1,100,000 |

# QUARTERLY REPORT 2022

TRIDUTARI FUNDS

# SCHEDULES OF PORTFOLIO INVESTMENTS

SHORT-INTERMEDIATE BOND FUND

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)

| Period | Description | Value | Notes |
| --- | --- | --- | --- |
| 1.2.2022 | Stock Incentive | 100.000 | Stock Incentive |
| 1.2.2023 | Stock Incentive | 100.000 | Stock Incentive |
| 1.2.2024 | Stock Incentive | 100.000 | Stock Incentive |
| 1.2.2025 | Stock Incentive | 100.000 | Stock Incentive |
| 1.2.2026 | Stock Incentive | 100.000 | Stock Incentive |
| 1.2.2027 | Stock Incentive | 100.000 | Stock Incentive |
| 1.2.2028 | Stock Incentive | 100.000 | Stock Incentive |
| 1.2.2029 | Stock Incentive | 100.000 | Stock Incentive |
| 1.2.2030 | Stock Incentive | 100.000 | Stock Incentive |
| 1.2.2031 | Stock Incentive | 100.000 | Stock Incentive |
| 1.2.2032 | Stock Incentive | 100.000 | Stock Incentive |
| 1.2.2033 | Stock Incentive | 100.000 | Stock Incentive |
| 1.2.2034 | Stock Incentive | 100.000 | Stock Incentive |
| 1.2.2035 | Stock Incentive | 100.000 | Stock Incentive |
| 1.2.2036 | Stock Incentive | 100.000 | Stock Incentive |
| 1.2.2037 | Stock Incentive | 100.000 | Stock Incentive |
| 1.2.2038 | Stock Incentive | 100.000 | Stock Incentive |
| 1.2.2039 | Stock Incentive | 100.000 | Stock Incentive |
| 1.2.2040 | Stock Incentive | 100.000 | Stock Incentive |

# QUARTERLY REPORT 2022

TRIDUTARI FUNDS

# SCHEDULES OF PORTFOLIO INVESTMENTS

INCOME FUND

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)[{"box_2d": [25, 125, 709, 209], "label": "table", "caption": "

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Principal | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |
| Capital | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Federal National | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

<tr><td>1,311,000.00</td><td>1,311,000.00</td><td>1,311,000.00</td><td>1,311,000.00</td><td>1,311,000.00</td></tr></table><tr><td>1,311,000.00</td><td>1,311,000.00</td><td>1,311,000.00</td><td>1,311,000.00</td><td>1,311,000.00</td></tr></table><tr><td>1,311,000.00</td><td>1,311,000.00</td><td>1,311,000.00</td><td>1,311,000.00</td><td>1,311,000.00</td></tr></table>

|  | Sec accompanying | Total | Subtotal | Total |
| --- | --- | --- | --- | --- |
| Non-Agency | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |

| Total | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |
| --- | --- | --- | --- | --- |

| 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |
| --- | --- | --- | --- | --- |

| 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |
| --- | --- | --- | --- | --- |

| 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |
| --- | --- | --- | --- | --- |

| 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |
| --- | --- | --- | --- | --- |

<tabletable><thead><tr><td>1,311,000.00</td><td>1,311,000.00</td><td>1,311,000.00</td><td>1,311,000.00</td><td>1,311,000.00</td></tr></table><tabletabletable "

| 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 | 1,311,000.00 |
| --- | --- | --- | --- | --- |

"}]

# QUARTERLY REPORT 2022

TRIDUTARI FUNDS

SCHEDULE OF PORTFOLIO INVESTMENTS

INCOME FUND

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)

| Fund | Description | Notes to Schedules | Fund | Description |
| --- | --- | --- | --- | --- |
| 2.000.000 | Capital | 1.000.000 | 1.000.000 | Capital |
| 2.000.000 | Capital | 1.000.000 | 1.000.000 | Capital |
| 2.000.000 | Capital | 1.000.000 | 1.000.000 | Capital |
| 2.000.000 | Capital | 1.000.000 | 1.000.000 | Capital |

# QUARTERLY REPORT 2022

TRIDUTARI FUNDS

SCHEDULES OF PORTFOLIO INVESTMENTS

INCOME FUND

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)

| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |  |  |  |  |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |  |  |  |  |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |  |  |  |  |
| 1,000,000 | 1,000,000 |  |  |  |  |  |  |
| 1,000,000 | 1,000,000 |  |  |  |  |  |  |
| 1,000,000 | 1,000,000 |  |  |  |  |  |  |
| 1,000,000 | 1,000,000 |  |  |  |  |  |  |
| 1,000,000 | 1,000,000 |  |  |  |  |  |  |

# QUARTERLY REPORT 2022

TRIDUTARI FUNDS

# SCHEDULES OF PORTFOLIO INVESTMENTS

INCOME FUND

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)[{"box_2d": [25, 124, 709, 210], "label": "table", "caption": "

| Planned | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec accompanying | Notes | Balance |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| Balance | Balance | Sec accompanying | Notes | Balance | Sec968 |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

<table><thead><tr><th>Balance</th><th>Balance</th><th>Sec accompanying</th><th>

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)

| Category | Subtotal | Net Income | Net Income | Net Income | Net Income | Net Income |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 2 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 3 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 4 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 5 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 6 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 7 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 8 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 9 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 10 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 11 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 12 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

# QUARTERLY REPORT 2022

TRIDUTARI FUNDS

# SCHEDULES OF PORTFOLIO INVESTMENTS

INCOME FUND

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)[{"box_2d": [25, 125, 709, 209], "label": "table", "caption": "

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

| Account | Key Control Value | Key Accounting Value | Net Income | Subtotal | Amount | Description |
| --- | --- | --- | --- | --- | --- | --- |
| 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |

<table><thead><tr><th>Account</th><th>Key Control Value</th><th>Key Accounting Value</th><th>Net Income</th><th>Subtotal</th><th>Amount</th><th>Description</th></tr></thead><tr><td>

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)

| 1 | 347,000 | The Crude Corp. 6,000 | 11/15/21 | See accompanying | 1,000,000 | Subsidiary | 1,000,000 | Subsidiary | 1,000,000 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2 | 1,000,000 | Foreign Trade Commission | 1,000,000 | 1,000,000 | 296,170 | Multibrand | 1,000,000 | 1,000,000 | 1,000,000 |
| 3 | 1,000,000 | Foreign Trade Commission | 1,000,000 | 1,000,000 | 296,170 | Multibrand | 1,000,000 | 1,000,000 | 1,000,000 |
| 4 | 1,000,000 | Foreign Trade Commission | 1,000,000 | 1,000,000 | 296,170 | Multibrand | 1,000,000 | 1,000,000 | 1,000,000 |
| 5 | 1,000,000 | Foreign Trade Commission | 1,000,000 | 1,000,000 | 296,170 | Multibrand | 1,000,000 | 1,000,000 | 1,000,000 |
| 6 | 626,200 | Foreign Trade Commission | 1,000,000 | 1,000,000 | 296,170 | Total | 1,000,000 | 1,000,000 | 1,000,000 |
| 7 | 1,000,000 | Foreign Trade Commission | 1,000,000 | 1,000,000 | 296,170 | Total | 1,000,000 | 1,000,000 | 1,000,000 |
| 8 | 1,000,000 | Foreign Trade Commission | 1,000,000 | 1,000,000 | 296,170 | Total | 1,000,000 | 1,000,000 | 1,000,000 |
| 9 | 1,000,000 | Foreign Trade Commission | 1,000,000 | 1,000,000 | 296,170 | Total | 1,000,000 | 1,000,000 | 1,000,000 |
| 10 | 1,000,000 | Foreign Trade Commission | 1,000,000 | 1,000,000 | 296,170 | Total | 1,000,000 | 1,000,000 | 1,000,000 |
| 11 | 1,000,000 | Foreign Trade Commission | 1,000,000 | 1,000,000 | 296,170 | Total | 1,000,000 | 1,000,000 | 1,000,000 |
| 12 | 1,000,000 | Foreign Trade Commission | 1,000,000 | 1,000,000 | 296,170 | Total | 1,000,000 | 1,000,000 | 1,000,000 |
| 13 | 1,000,000 | Foreign Trade Commission | 1,000,000 | 1,000,000 | 296,170 | Total | 1,000,000 | 1,000,000 | 1,000,000 |
| 14 | 1,000,000 | Foreign Trade Commission | 1,000,000 | 1,000,000 | 296,170 | Total | 1,000,000 | 1,000,000 | 1,000,000 |
| 15 | 1,000,000 | Foreign Trade Commission | 1,000,000 | 1,000,000 | 296,170 | Total | 1,000,000 | 1,000,000 | 1,000,000 |
| 16 | 1,000,000 | Foreign Trade Commission | 1,000,000 | 1,000,000 | 296,170 | Total | 1,000,000 | 1,000,000 | 1,000,000 |
| 17 | 1,000,000 | Foreign Trade Commission | 1,000,000 | 1,000,000 | 296,170 | Total | 1,000,000 | 1,000,000 | 1,000,000 |
| 18 | 1,000,000 | Foreign Trade Commission | 1,000,000 | 1,000,000 | 296,170 | Total | 1,000,000 | 1,000,000 | 1,000,000 |
| 19 | 1,000,000 | Foreign Trade Commission | 1,000,000 | 1,000,000 | 296,170 | Total | 1,000,000 | 1,000,000 | 1,000,000 |
| 20 | 1,000,000 | Foreign Trade Commission | 1,000,000 | 1,000,000 | 296,170 | Total | 1,000,000 | 1,000,000 | 1,000,000 |

# QUARTERLY REPORT 2022

TRIDUTARI FUNDS

SCHEDULES OF PORTFOLIO INVESTMENTS

NEBRASKA TAX-FREE FUND

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)

| Principal | Subtotal | Subtotal | Subtotal | Subtotal | Subtotal |
| --- | --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 |
| 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 |
| 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 |
| 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 |
| 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |
| 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 |
| 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 |
| 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 |
| 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 |
| 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 |
| 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 |
| 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |
| 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 |
| 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 |

# QUARTERLY REPORT 2022

TRIDUTARI FUNDS

# SCHEDULES OF PORTFOLIO INVESTMENTS

NEBRASKA TAX-FREE FUND

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)

| Item | Description | Value | Subtotal | Amount | Amount |
| --- | --- | --- | --- | --- | --- |
| 1 | Stockholders' Equity | $175,000,751 | $175,000,751 | $175,000,751 | $175,000,751 |
| 2 | Stockholders' Equity | $175,000,751 | $175,000,751 | $175,000,751 | $175,000,751 |
| 3 | Stockholders' Equity | $175,000,751 | $175,000,751 | $175,000,751 | $175,000,751 |
| 4 | Stockholders' Equity | $175,000,751 | $175,000,751 | $175,000,751 | $175,000,751 |
| 5 | Stockholders' Equity | $175,000,751 | $175,000,751 | $175,000,751 | $175,000,751 |
| 6 | Stockholders' Equity | $175,000,751 | $175,000,751 | $175,000,751 | $175,000,751 |
| 7 | Stockholders' Equity | $175,000,751 | $175,000,751 | $175,000,751 | $175,000,751 |
| 8 | Stockholders' Equity | $175,000,751 | $175,000,751 | $175,000,751 | $175,000,751 |
| 9 | Stockholders' Equity | $175,000,751 | $175,000,751 | $175,000,751 | $175,000,751 |
| 10 | Stockholders' Equity | $175,000,751 | $175,000,751 | $175,000,751 | $175,000,751 |

# QUARTERLY REPORT 2022

TRIDUTARI FUNDS

# SCHEDULES OF PORTFOLIO INVESTMENTS

NEBRASKA TAX-FREE FUND

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)

| Total | 3,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Interest | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Other | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| NET | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Communication | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| (a) | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| (b) | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

# QUARTERLY REPORT 2022

TRIDUTARI FUNDS

# SCHEDULES OF PORTFOLIO INVESTMENTS

BALANCED FUND

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)

| Price | Size accompanying Notes to Schedules of Portfolio Investments | Price | Size accompanying Notes to Schedules of Portfolio Investments |
| --- | --- | --- | --- |
| 1. Amount | 1.00 | 1.00 | 1.00 |
| 2. Amount | 1.00 | 1.00 | 1.00 |
| 3. Amount | 1.00 | 1.00 | 1.00 |
| 4. Amount | 1.00 | 1.00 | 1.00 |
| 5. Amount | 1.00 | 1.00 | 1.00 |
| 6. Amount | 1.00 | 1.00 | 1.00 |
| 7. Amount | 1.00 | 1.00 | 1.00 |
| 8. Amount | 1.00 | 1.00 | 1.00 |
| 9. Amount | 1.00 | 1.00 | 1.00 |
| 10. Amount | 1.00 | 1.00 | 1.00 |
| 11. Amount | 1.00 | 1.00 | 1.00 |
| 12. Amount | 1.00 | 1.00 | 1.00 |
| 13. Amount | 1.00 | 1.00 | 1.00 |
| 14. Amount | 1.00 | 1.00 | 1.00 |
| 15. Amount | 1.00 | 1.00 | 1.00 |
| 16. Amount | 1.00 | 1.00 | 1.00 |
| 17. Amount | 1.00 | 1.00 | 1.00 |
| 18. Amount | 1.00 | 1.00 | 1.00 |
| 19. Amount | 1.00 | 1.00 | 1.00 |
| 20. Amount | 1.00 | 1.00 | 1.00 |
| 21. Amount | 1.00 | 1.00 | 1.00 |
| 22. Amount | 1.00 | 1.00 | 1.00 |
| 23. Amount | 1.00 | 1.00 | 1.00 |
| 24. Amount | 1.00 | 1.00 | 1.00 |
| 25. Amount | 1.00 | 1.00 | 1.00 |
| 26. Amount | 1.00 | 1.00 | 1.00 |
| 27. Amount | 1.00 | 1.00 | 1.00 |
| 28. Amount | 1.00 | 1.00 | 1.00 |
| 29. Amount | 1.00 | 1.00 | 1.00 |
| 30. Amount | 1.00 | 1.00 | 1.00 |
| 31. Amount | 1.00 | 1.00 | 1.00 |
| 32. Amount | 1.00 | 1.00 | 1.00 |
| 33. Amount | 1.00 | 1.00 | 1.00 |
| 34. Amount | 1.00 | 1.00 | 1.00 |
| 35. Amount | 1.00 | 1.00 | 1.00 |
| 36. Amount | 1.00 | 1.00 | 1.00 |
| 37. Amount | 1.00 | 1.00 | 1.00 |
| 38. Amount | 1.00 | 1.00 | 1.00 |
| 39. Amount | 1.00 | 1.00 | 1.00 |
| 40. Amount | 1.00 | 1.00 | 1.00 |
| 41. Amount | 1.00 | 1.00 | 1.00 |
| 42. Amount | 1.00 | 1.00 | 1.00 |
| 43. Amount | 1.00 | 1.00 | 1.00 |
| 44. Amount | 1.00 | 1.00 | 1.00 |
| 45. Amount | 1.00 | 1.00 | 1.00 |
| 46. Amount | 1.00 | 1.00 | 1.00 |
| 47. Amount | 1.00 | 1.00 | 1.00 |
| 48. Amount | 1.00 | 1.00 | 1.00 |
| 49. Amount | 1.00 | 1.00 | 1.00 |
| 50. Amount | 1.00 | 1.00 | 1.00 |

# QUARTERLY REPORT 2022

TRIDUTARI FUNDS

# SCHEDULES OF PORTFOLIO INVESTMENTS

# BALANCED FUND

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)

| Year | Description | Value | Amount | Description |
| --- | --- | --- | --- | --- |
| 2022 | Prepaid | 100.00 | 100.00 | Prepaid |
| 2023 | Prepaid | 100.00 | 100.00 | Prepaid |
| 2024 | Prepaid | 100.00 | 100.00 | Prepaid |
| 2025 | Prepaid | 100.00 | 100.00 | Prepaid |
| 2026 | Prepaid | 100.00 | 100.00 | Prepaid |
| 2027 | Prepaid | 100.00 | 100.00 | Prepaid |
| 2028 | Prepaid | 100.00 | 100.00 | Prepaid |
| 2029 | Prepaid | 100.00 | 100.00 | Prepaid |
| 2030 | Prepaid | 100.00 | 100.00 | Prepaid |
| 2031 | Prepaid | 100.00 | 100.00 | Prepaid |
| 2032 | Prepaid | 100.00 | 100.00 | Prepaid |
| 2033 | Prepaid | 100.00 | 100.00 | Prepaid |
| 2034 | Prepaid | 100.00 | 100.00 | Prepaid |
| 2035 | Prepaid | 100.00 | 100.00 | Prepaid |
| 2036 | Prepaid | 100.00 | 100.00 | Prepaid |
| 2037 | Prepaid | 100.00 | 100.00 | Prepaid |
| 2038 | Prepaid | 100.00 | 100.00 | Prepaid |
| 2039 | Prepaid | 100.00 | 100.00 | Prepaid |
| 2040 | Prepaid | 100.00 | 100.00 | Prepaid |

# QUARTERLY REPORT 2022

TRIDUTARI FUNDS

# SCHEDULES OF PORTFOLIO INVESTMENTS

BALANCED FUND

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)

| Principal | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Principal | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| As of December 31, | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| As of December 31, | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| Total | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |

| Description | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Principal | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| As of December 31, | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| As of December 31, | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| Total | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |

| Description | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Principal | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| As of December 31, | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| As of December 31, | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| Total | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |

# QUARTERLY REPORT 2022

TRIDUTARI FUNDS

# SCHEDULES OF PORTFOLIO INVESTMENTS

# BALANCED FUND

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)

| 105,000 | Swiss Guam, Capital & Improvement | 100,000 | Notes to Schedules of Service | 100,000 |
| --- | --- | --- | --- | --- |
| 105,000 | Swiss Guam, Capital & Improvement | 100,000 | Notes to Schedules of Service | 100,000 |
| 105,000 | Swiss Guam, Capital & Improvement | 100,000 | Notes to Schedules of Service | 100,000 |
| 105,000 | Swiss Guam, Capital & Improvement | 100,000 | Notes to Schedules of Service | 100,000 |

# QUARTERLY REPORT 2022

TRIDUTARI FUNDS

# SCHEDULES OF PORTFOLIO INVESTMENTS

SMALL/MID CAP FUND

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)

| 2,402 | Company Products, Inc. (a) | See accompanying Notes on Schedules of Portfolio | 101,873 |
| --- | --- | --- | --- |
| 102,000 | Commercial and Industrial Products | Unitless | 130,000 |
| 20 | Shares | Value | 130,000 |
| 20 | Shares | Value | 130,000 |
| 20 | Shares | Value | 130,000 |
| 20 | Shares | Value | 130,000 |
| 20 | Shares | Value | 130,000 |
| 20 | Shares | Value | 130,000 |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

</table>

| 20 | Shares | Value | 130,000 |
| --- | --- | --- | --- |

# QUARTERLY REPORT 2022

TRIDUTARY FUNDS
SCHEDULES OF PORTFOLIO INVESTMENTS

SMALL COMPANY FUND

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)

| Governments: 4,000,000 (1,000,000) (a) See accompanying Notes on Schedule 1 of 1 | 2,654,000 |
| --- | --- |
| Emergencies: 1,000,000 (1,000,000) (a) See accompanying Notes on Schedule 1 of 1 | 2,654,000 |
| Governments: 1,000,000 (1,000,000) (a) See accompanying Notes on Schedule 1 of 1 | 2,654,000 |
| Governments: 1,000,000 (1,000,000) (a) See accompanying Notes on Schedule 1 of 1 | 2,654,000 |
| Governments: 1,000,000 (1,000,000) (a) See accompanying Notes on Schedule 1 of 1 | 2,654,000 |

# QUARTERLY REPORT 2022

TRIDUTARI FUNDS

# SCHEDULES OF PORTFOLIO INVESTMENTS

SMALL COMPANY FUND

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)

The Funds are investment companies and follow accounting and reporting divisions under Financial Accounting Standards Board (FASB) of the Bank of India. The Funds are investment companies and follow accounting and reporting divisions under Financial Accounting Standards Board (FASB) of the Bank of India. The Funds are investment companies and follow accounting and reporting divisions under Financial Accounting Standards Board (FASB) of the Bank of India. The Funds are investment companies and follow accounting and reporting divisions under Financial Accounting Standards Board (FASB) of the Bank of India. The Funds are investment companies and follow accounting and reporting divisions under Financial Accounting Standards Board (FASB) of the Bank of India.

# QUARTERLY REPORT 2022

TRIDUTARI FUNDS

# NOTES TO SCHEDULES OF PORTFOLIO INVESTMENTS

# 1. Significant Accounting Policies

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)

period. Actual results could differ from those estimates.

| Debtors | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Investments | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Interest | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Interest | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

# QUARTERLY REPORT 2022

TRIDUTARI FUNDS

# NOTES TO SCHEDULES OF PORTFOLIO INVESTMENTS

Level 2 - includes valuations for which all significant inputs are observable, either directly or indirectly. Direct observable inputs

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)

The most recent financial year's total acquisition in the following: the first time of the acquisition in the last year's total acquisition in the last year's total acquisition in the last year's total acquisition in the last year's total acquisition in the last year's total acquisition in the last year's total acquisition in the last year's total acquisition in the last year's total acquisition in the last year's total acquisition in the last year's total acquisition in the last year's total acquisition in the last year's total acquisition in the last year's total acquisition in the last year's total acquisition in the last year

0.2288 KSH/tonym@enaiominc Holdings, Inc. (a)

4,558,309

Short-Term Investments - 0.8%

![img-0.jpeg](img-0.jpeg)

# QUARTERLY REPORT 2022

TRIDUTARI FUNDS

# NOTES TO SCHEDULES OF PORTFOLIO INVESTMENTS

TRIDUTARI FUNDS

December 31, 2022 (Unaudited)

The Fund is a 2nd类目 of the Fund's 2nd类目 of the Fund's 2nd类目 of the Fund's 2nd类目 of the Fund's 2nd类目 of the Fund's 2nd类目 of the Fund's 2nd类目 of the Fund's 2nd类目 of the Fund's 2nd类目 of the Fund's 2nd类目 of the Fund's 2nd类目 of the Fund's 2nd类目 of the Fund's 2nd类目 of the Fund's 2nd类目 of the Fund's 2nd类目 of the Fund's 2nd类目

Industrials - 19.0%

128,859 American Woodmark Corp. (a)

6,296,051

# QUARTERLY REPORT 2022

TRIDUTARI FUNDS

# NOTES TO SCHEDULES OF PORTFOLIO INVESTMENTS

Funds upon maturity from an IO Strip. Periodic adjustments are recorded to reduce the cost of the security until maturity, which are included

The following is a summary of the inputs used to value each Fund's investments as of December 31, 2022, by category:
and will review any changes made in the procedures.

LEVEL 1 - 2,679,463

Securities and other financial instruments to be fair valued include, in case of a significant event, a high-value, or restricted, and a low-value in the securities mentioned. The fair value based on the other factors is a significant event. Significant events may be specific to a particular issuer, such as the Bank of India, or the Bank of India. Alternatively, significant events may affect an entire market, such as natural disasters, government actions, and other factors in the value of U.S. securities. Securities are fair valued based on observable and non-observable inputs, including the Adviser's own assumptions in determining fair value. Factors used in determining fair value include, but are not limited to: type

of security or asset, trading activity of similar markets or securities, fundamental analytical data relating to the investment, evaluation of the future year influence of market in which the security is purchased and sold, application, and transactions or others with respect to the securities bonds
LEVEL 1 - Observable 182 Unobservable 64,656,582
Government & Agency Obligations Quoted Prices Inputs 2,105,713 Inputs 2,105,713
For future securities fair valued under procedures adopted by the Board, the Adviser reviews and affirms the reasonableness of the fair valuation determinations after considering all relevant information that is reasonably available. The Adviser's determinations are subject to review by the Board at its next regularly scheduled meeting covering the calendar quarter in which the fair valuation was determined.
Total 1,222,388 211,079,497 5 212,342,407

The Funds use a framework for measuring fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants (exit price). The Component of the Fund is a three-tier fair value hierarchy. The basis of the tiers is dependent upon various "inputs" used to determine the value of the Funds' investments. These inputs are summarized in the three broad levels listed below:

|  | Quoted Prices | Quoted Inputs | Unacceptable Inputs | Total |
| --- | --- | --- | --- | --- |
| Income Fund |  |  |  |  |
| Small Commercial Fund |  |  |  |  |
| Asset Budget Securities |  |  |  |  |
| Common Stock Securities |  |  |  |  |
| Non-Agency Commercial Mortgage Backed Securities |  |  |  |  |
|  | 17,985,517 | - | - | 17,985,517 |
|  | 14,462,638 | - | - | 14,462,638 |

| Short-Term Investments | 4,015,604 | - | - | 4,015,604 |
| --- | --- | --- | --- | --- |
| Non-Agency Residential Mortgage | - | 16,828,507 | - | 16,828,507 |
| Total | $622,246,891 | - | - | $622,246,891 |
| Corporate Bonds | - | 47,695,239 | - | 47,695,239 |
| Non-Statutory of Portfolio Investments for further industry classification | - | - | - | - |
| Investments & Agency Obligations | - | 76,860,695 | - | 76,860,695 |
| Security Transactions, Investment Income and Foreign Taxes | 394,051 | - | - | 394,051 |

Securities transactions are accounted for no later than one business day following the date. For financial reporting purposes, however, on the last business day of the reporting period, security transactions are accounted for on trade date. Interest income is recognized on the accrual basis and includes, where applicable, the amortization of premium or accretion of discount, using the effective interest method. Dividend income

is recorded on the ex-dividend date. Dividends and interest from non-U.S. sources received by a Fund are generally subject to non-U.S. net withholding taxes. Such withholding taxes may be reduced or eliminated under the terms of applicable U.S. income tax treaties, and each Fund intends to undertake any procedural steps required to claim the benefits of such treaties. Gains or losses realized on the sales of securities are determined by comparing the identified cost of the security lot sold with the net sales proceeds. Withholding taxes on foreign dividends have been paid or provided for in accordance with each applicable country's tax rules and rates. Interest only stripped mortgage backed securities ('IO Strips') are securities that receive only interest payments from a pool of mortgage loans. Little to no principal will be received by the

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** TRIBUTARY CAPITAL MANAGEMENT, LLC

- **b. Investment Company Act file number:** 811-08846

- **c. CIK number of Registrant:** 0000932381

- **d. LEI of Registrant:** 2549000T9YMVQWFGOI81

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

  - **Street Address 1:** 1620 DODGE STREET

  - **City:** OMAHA

  - **State:** NE

  - **Foreign country:** US

  - **Zip / Postal Code:** 68197

  - **Telephone number:** 800-662-4203

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

- **a. Name of Series:** TRIBUTARY INCOME FUND

- **b. EDGAR series identifier (if any):** S000022135

- **c. LEI of Series:** 254900UPNDP9IQMK1D04

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

- **a. Date of fiscal year-end:** 2023-03-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $175598481.25

**Total Liabilities:** $597729.90

**Net Assets:** $175000751.35

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 27.30410000 | **1-Year:** 422.70580000 | **5-Year:** 15100.12930000 | **10-Year:** 34578.09990000 | **30-Year:** 24251.03310000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 529.46670000 | **10-Year:** 1119.79350000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000063509 | -1.45%               | 3.33%                | -0.64%               |
| Class ID C000091255 | -1.43%               | 3.23%                | -0.52%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-194787.78              | $-2570182.02                               |
| Month 2  | $-166605.40              | $5101870.67                                |
| Month 3  | $-261428.97              | $-1108190.58                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Freddie Mac                                    | Federal Home Loan Mortgage Corp. REMIC                                  | CUSIP: 3137BSXT5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     16002 | PA      | $15912.16     | 0.01%             | 2041-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru                 | SMB Private Education Loan Trust                                        | CUSIP: 78449FAB7<br>LEI: 54930039BHEBCRK29U41 | Long             | ABS-MBS          | CORP              | US        |    339306 | PA      | $324893.83    | 0.19%             | 2031-05-15      | Fixed         | 2.70%                 | Yes           |                  2 | On Loan: No      |
| Nelnet Student Loan Trust                      | Nelnet Student Loan Trust                                               | CUSIP: 64034YAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    365585 | PA      | $329437.41    | 0.19%             | 2062-04-20      | Fixed         | 1.63%                 | Yes           |                  2 | On Loan: No      |
| Hudson Yards                                   | Hudson Yards Mortgage Trust                                             | CUSIP: 44421GAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1575000 | PA      | $1354185.79   | 0.77%             | 2039-07-10      | Fixed         | 3.23%                 | Yes           |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 3138ESCG1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    168408 | PA      | $157163.42    | 0.09%             | 2027-02-01      | Variable      | 2.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - SCRT                             | Seasoned Credit Risk Transfer Trust                                     | CUSIP: 35563PFB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    362022 | PA      | $338852.67    | 0.19%             | 2057-11-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                      | Towd Point Mortgage Trust REMIC                                         | CUSIP: 89173FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     66629 | PA      | $65508.11     | 0.04%             | 2056-10-25      | Variable      | 2.75%                 | Yes           |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 3140GYG29<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    511372 | PA      | $487910.73    | 0.28%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bank                                           | BANK 2019-BNK16                                                         | CUSIP: 065405AC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    905000 | PA      | $864437.90    | 0.49%             | 2052-02-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| COMMONBOND STUDENT LOAN TRUST                  | Commonbond Student Loan Trust                                           | CUSIP: 20268AAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    424878 | PA      | $344830.58    | 0.20%             | 2051-09-25      | Fixed         | 1.17%                 | Yes           |                  2 | On Loan: No      |
| Vantage Data Centers LLC                       | Vantage Data Centers Issuer, LLC                                        | CUSIP: 92212KAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1632000 | PA      | $1439299.80   | 0.82%             | 2045-09-15      | Fixed         | 1.65%                 | Yes           |                  2 | On Loan: No      |
| NEWELL BRANDS INC                              | Newell Brands, Inc.                                                     | CUSIP: 651229AW6<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    810000 | PA      | $762044.17    | 0.44%             | 2026-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 31402DGN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     84640 | PA      | $86434.31     | 0.05%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRTKL                                          | FRTKL 2021-SFR1                                                         | CUSIP: 30322DAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    915000 | PA      | $781776.18    | 0.45%             | 2038-09-17      | Fixed         | 1.57%                 | Yes           |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association REMIC                             | CUSIP: 31377TP26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    869195 | PA      | $866560.02    | 0.50%             | 2033-12-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                | U.S. Treasury Note                                                      | CUSIP: 912828V98<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2970000 | PA      | $2763840.24   | 1.58%             | 2027-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                    | Federal Home Loan Mortgage Corp. Interest Only REMIC                    | CUSIP: 3137BQLW5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    827003 | PA      | $134531.15    | 0.08%             | 2045-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                     | PacifiCorp                                                              | CUSIP: 695114CG1<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |   1059000 | PA      | $1127752.86   | 0.64%             | 2037-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| REGIONS FINANCIAL CORP                         | Regions Financial Corp.                                                 | CUSIP: 7591EPAT7<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |    835000 | PA      | $708367.69    | 0.40%             | 2028-08-12      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                  | UBS Commercial Mortgage Trust                                           | CUSIP: 90278PAY6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1575000 | PA      | $1429871.00   | 0.82%             | 2052-12-15      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| HANESBRANDS INC                                | Hanesbrands, Inc.                                                       | CUSIP: 410345AJ1<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |    700000 | PA      | $677969.33    | 0.39%             | 2024-05-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| US TREASURY N/B                                | U.S. Treasury Note/Bond                                                 | CUSIP: 912810SL3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7940000 | PA      | $5243811.74   | 3.00%             | 2050-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                             | Raytheon Technologies Corp.                                             | CUSIP: 75513ECA7<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |   1197000 | PA      | $1116850.52   | 0.64%             | 2040-10-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Sutherland Commercial Mortgage                 | Sutherland Commercial Mortgage Trust                                    | CUSIP: 86935JAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    477356 | PA      | $415132.95    | 0.24%             | 2041-12-25      | Variable      | 1.55%                 | Yes           |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 3138EGHS6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    307016 | PA      | $295833.94    | 0.17%             | 2041-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 3138W92S8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    309075 | PA      | $296169.71    | 0.17%             | 2043-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                 | Cascade Funding Mortgage Trust, LLC                                     | CUSIP: 12529LAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    495500 | PA      | $480389.77    | 0.27%             | 2030-12-26      | Variable      | 0.95%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage A                 | Government National Mortgage Association                                | CUSIP: 38380JH68<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-CBDO         | USGSE             | US        |    460645 | PA      | $441091.04    | 0.25%             | 2050-04-16      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - SLST                             | Seasoned Loans Structured Transaction Trust                             | CUSIP: 35564CDD6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1510000 | PA      | $1308324.85   | 0.75%             | 2029-09-25      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Hundred Acre Wood Trust                        | Hundred Acre Wood Trust                                                 | CUSIP: 44590HAJ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1067104 | PA      | $925285.24    | 0.53%             | 2051-07-25      | Variable      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| US TREASURY N/B                                | U.S. Treasury Bond                                                      | CUSIP: 912810RC4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8795000 | PA      | $8085216.06   | 4.62%             | 2043-08-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| TEXAS ELECTRIC MKT STABL                       | Texas Electric Market Stabilization Funding N, LLC                      | CUSIP: 88240TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    740000 | PA      | $702385.77    | 0.40%             | 2034-08-01      | Fixed         | 4.26%                 | Yes           |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                   | Credit Suisse Mortgage Trust                                            | CUSIP: 12659TAF2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    948016 | PA      | $810442.68    | 0.46%             | 2056-11-25      | Variable      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                       | Onslow Bay Financial LLC                                                | CUSIP: 67116WAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    673599 | PA      | $595504.10    | 0.34%             | 2052-02-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac - SLST                             | Seasoned Loans Structured Transaction Trust                             | CUSIP: 35564CEJ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    500000 | PA      | $433327.75    | 0.25%             | 2029-11-25      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                       | eBay, Inc.                                                              | CUSIP: 278642AU7<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |   1153000 | PA      | $1086509.49   | 0.62%             | 2027-06-05      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan                  | New Residential Mortgage Loan Trust REMIC                               | CUSIP: 64829EAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    276401 | PA      | $256811.96    | 0.15%             | 2055-08-25      | Variable      | 3.75%                 | Yes           |                  2 | On Loan: No      |
| PSMC Trust                                     | PSMC Trust                                                              | CUSIP: 69376DAC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1041832 | PA      | $895853.93    | 0.51%             | 2051-08-25      | Variable      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| HARMAN INTL IND                                | Harman International Industries, Inc.                                   | CUSIP: 413086AH2<br>LEI: 1VWDHRIRERCQ5D5M5681 | Long             | DBT              | CORP              | US        |    896000 | PA      | $871168.08    | 0.50%             | 2025-05-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER TRUST I                         | American Tower Trust I                                                  | CUSIP: 03027WAJ1<br>LEI: 5493004YGM0MQZJOEJ36 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1193281.44   | 0.68%             | 2023-03-15      | Fixed         | 3.07%                 | Yes           |                  2 | On Loan: No      |
| MFRA Trust                                     | MFRA Trust                                                              | CUSIP: 55284TAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    641334 | PA      | $602826.97    | 0.34%             | 2066-04-25      | Variable      | 3.91%                 | Yes           |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association REMIC                             | CUSIP: 3136AA2B0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    182665 | PA      | $177551.17    | 0.10%             | 2033-01-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                 | Morgan Stanley                                                          | CUSIP: 61744YAP3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1330000 | PA      | $1217953.38   | 0.70%             | 2029-01-24      | Variable      | 3.77%                 | No            |                  2 | On Loan: No      |
| LENNAR CORP                                    | Lennar Corp.                                                            | CUSIP: 526057BZ6<br>LEI: 529900G61XVRLX5TJX09 | Long             | DBT              | CORP              | US        |    413000 | PA      | $407478.63    | 0.23%             | 2024-04-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                 | Morgan Stanley Capital I Trust                                          | CUSIP: 61691JAS3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    414205 | PA      | $397113.24    | 0.23%             | 2050-06-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Sutherland Commercial Mortgage                 | Sutherland Commercial Mortgage Trust                                    | CUSIP: 86935CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    792363 | PA      | $724341.43    | 0.41%             | 2041-04-25      | Variable      | 2.86%                 | Yes           |                  2 | On Loan: No      |
| SLM Student Loan Trust                         | SLM Student Loan Trust                                                  | CUSIP: 78445AAD8<br>LEI: 549300EQOYJZL2D96G46 | Long             | ABS-MBS          | CORP              | US        |   1140364 | PA      | $1137787.00   | 0.65%             | 2029-04-15      | Floating      | 6.01%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 3138WCQ55<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    433779 | PA      | $426931.37    | 0.24%             | 2044-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                  | UBS Commercial Mortgage Trust                                           | CUSIP: 90353DAW5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    830000 | PA      | $797020.78    | 0.46%             | 2051-08-15      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                   | CD Commercial Mortgage Trust                                            | CUSIP: 12512JAT1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    860000 | PA      | $828589.36    | 0.47%             | 2051-08-15      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                    | Federal Home Loan Mortgage Corp.                                        | CUSIP: 3128MDSH7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      8463 | PA      | $8258.74      | 0.00%             | 2026-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                            | BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares        | CUSIP: 09248U718<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    384051 | NS      | $384051.38    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| MED Trust                                      | MED Trust                                                               | CUSIP: 58403YAD8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    600000 | PA      | $577428.42    | 0.33%             | 2038-11-15      | Floating      | 5.27%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                    | Federal Home Loan Mortgage Corp.                                        | CUSIP: 3132DNET6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1808956 | PA      | $1708037.79   | 0.98%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARM Master Trust                               | ARM Master Trust                                                        | CUSIP: 04206RAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $1151520.50   | 0.66%             | 2027-11-15      | Fixed         | 2.43%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT ST                                 | State of Connecticut                                                    | CUSIP: 20772G4Z8<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |    225000 | PA      | $231260.69    | 0.13%             | 2029-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association REMIC                             | CUSIP: 3136BDMZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    927560 | PA      | $828629.41    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac - SLST                             | Seasoned Loans Structured Transaction Trust                             | CUSIP: 35564CEV5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    826815 | PA      | $738193.98    | 0.42%             | 2030-07-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan                  | New Residential Mortgage Loan Trust REMIC                               | CUSIP: 64829CAA6<br>LEI: 549300RCJSGOC0A85G53 | Long             | ABS-CBDO         | CORP              | US        |    119524 | PA      | $110753.77    | 0.06%             | 2052-05-28      | Variable      | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage A                 | Government National Mortgage Association                                | CUSIP: 36180MYG6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGSE             | US        |    434116 | PA      | $388539.15    | 0.22%             | 2043-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                         | Sequoia Mortgage Trust REMIC                                            | CUSIP: 81746MAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    291360 | PA      | $267428.38    | 0.15%             | 2030-11-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 3140XGWR6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2382058 | PA      | $2174524.86   | 1.24%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST HSG FIN CORP REVENU                 | Florida Housing Finance Corp.                                           | CUSIP: 34074MKC4<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |    121564 | PA      | $117179.43    | 0.07%             | 2036-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 3140QMKG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1207522 | PA      | $1061721.41   | 0.61%             | 2051-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                    | Federal Home Loan Mortgage Corp.                                        | CUSIP: 3132AATX2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    709860 | PA      | $681127.39    | 0.39%             | 2045-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                | U.S. Treasury Note/Bond                                                 | CUSIP: 912828Z94<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5860000 | PA      | $4993818.75   | 2.85%             | 2030-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                     | Progress Residential Trust                                              | CUSIP: 74333HAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    813070 | PA      | $703032.76    | 0.40%             | 2038-07-17      | Fixed         | 1.52%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                    | Federal Home Loan Mortgage Corp. REMIC                                  | CUSIP: 3137BG2A6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      6532 | PA      | $6516.69      | 0.00%             | 2041-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                   | Goldman Sachs Mortgage Securities Trust                                 | CUSIP: 36258RBB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    975000 | PA      | $858550.78    | 0.49%             | 2053-05-12      | Fixed         | 2.32%                 | No            |                  2 | On Loan: No      |
| Aligned Data Centers Issuer LL                 | Aligned Data Centers Issuer, LLC                                        | CUSIP: 01627AAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    960000 | PA      | $819931.97    | 0.47%             | 2046-08-15      | Fixed         | 1.94%                 | Yes           |                  2 | On Loan: No      |
| BMW FINANCE NV                                 | BMW Finance NV                                                          | CUSIP: 05600LAC0<br>LEI: 5299006ZHG3IXU0PNJ56 | Long             | DBT              | CORP              | NL        |   1260000 | PA      | $1094926.10   | 0.63%             | 2029-08-14      | Fixed         | 2.85%                 | Yes           |                  2 | On Loan: No      |
| Bayview Commercial Asset Trust                 | Bayview Commercial Asset Trust REMIC                                    | CUSIP: 07324SAF9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    148225 | PA      | $140562.52    | 0.08%             | 2033-12-25      | Floating      | 5.26%                 | Yes           |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                          | Wells Fargo & Co.                                                       | CUSIP: 95000U2J1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1480000 | PA      | $1225538.08   | 0.70%             | 2031-02-11      | Variable      | 2.57%                 | No            |                  2 | On Loan: No      |
| AMC NETWORKS INC                               | AMC Networks, Inc.                                                      | CUSIP: 00164VAF0<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |    740000 | PA      | $461092.15    | 0.26%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                     | Navient Student Loan Trust                                              | CUSIP: 63942GAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    552914 | PA      | $465488.75    | 0.27%             | 2070-02-18      | Fixed         | 1.11%                 | Yes           |                  2 | On Loan: No      |
| Fanniemae-Aces                                 | Federal National Mortgage Association REMIC                             | CUSIP: 3136B4TV0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | CORP              | US        |    438146 | PA      | $409298.16    | 0.23%             | 2029-04-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MHC Commercial Mortgage Trust                  | MHC Commercial Mortgage Trust                                           | CUSIP: 55293AAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1325000 | PA      | $1285103.06   | 0.73%             | 2038-05-15      | Floating      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Whole Loan Securit                 | Freddie Mac Whole Loan Securities                                       | CUSIP: 3137G1AR8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    256154 | PA      | $249958.03    | 0.14%             | 2045-09-25      | Variable      | 3.66%                 | No            |                  2 | On Loan: No      |
| Tricon Residential                             | Tricon Residential Trust                                                | CUSIP: 89616QAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    610000 | PA      | $563647.08    | 0.32%             | 2039-04-17      | Fixed         | 3.86%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac - SCRT                             | Seasoned Credit Risk Transfer Trust                                     | CUSIP: 35563PSC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    609768 | PA      | $543237.29    | 0.31%             | 2060-05-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Tru                 | Provident Funding Mortgage Trust                                        | CUSIP: 74388JAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    864984 | PA      | $741622.73    | 0.42%             | 2051-04-25      | Variable      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| Flagstar Mortgage Trust                        | Flagstar Mortgage Trust                                                 | CUSIP: 33852EAF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    695143 | PA      | $596004.19    | 0.34%             | 2051-04-25      | Variable      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| LINCOLN W HAYMARKET NE JT PUBL                 | West Haymarket Joint Public Agency                                      | CUSIP: 534366AX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $443460.31    | 0.25%             | 2039-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - SCRT                             | Seasoned Credit Risk Transfer Trust                                     | CUSIP: 35563PNP0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    595377 | PA      | $543287.54    | 0.31%             | 2059-08-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                 | Federal National Mortgage Association Interest Only                     | CUSIP: 3136ARP44<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    280715 | PA      | $4429.48      | 0.00%             | 2039-01-25      | Variable      | 2.67%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 31419ALS4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     24911 | PA      | $26006.15     | 0.01%             | 2038-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LEVI STRAUSS & CO                              | Levi Strauss & Co.                                                      | CUSIP: 52736RBJ0<br>LEI: MB0UERO0RDFKU8258G77 | Long             | DBT              | CORP              | US        |   1265000 | PA      | $1004017.85   | 0.57%             | 2031-03-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| SLM Student Loan Trust                         | SLM Student Loan Trust                                                  | CUSIP: 78444GAC8<br>LEI: 549300OORAXMFXOHG132 | Long             | ABS-MBS          | CORP              | US        |    786901 | PA      | $776893.72    | 0.44%             | 2023-10-25      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                    | NVIDIA Corp.                                                            | CUSIP: 67066GAH7<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |   1325000 | PA      | $1000053.85   | 0.57%             | 2050-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| EDvestinU Private Education Lo                 | EDvestinU Private Education Loan Issue No. 3, LLC                       | CUSIP: 28166LAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    549099 | PA      | $463454.85    | 0.26%             | 2045-11-25      | Fixed         | 1.80%                 | Yes           |                  2 | On Loan: No      |
| COMM Mortgage Trust                            | COMM Mortgage Trust Interest Only REMIC                                 | CUSIP: 12624XAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    540362 | PA      | $15.02        | 0.00%             | 2046-03-10      | Variable      | 0.96%                 | No            |                  2 | On Loan: No      |
| PREFERRED TERM SECS XII                        | Preferred Term Securities XII, Ltd./Preferred Term Securities XII, Inc. | CUSIP: 74041NAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     94612 | PA      | $93795.08     | 0.05%             | 2033-12-24      | Floating      | 5.45%                 | Yes           |                  2 | On Loan: No      |
| Nelnet Student Loan Trust                      | Nelnet Student Loan Trust                                               | CUSIP: 64035DAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    654166 | PA      | $578869.75    | 0.33%             | 2062-04-20      | Fixed         | 1.36%                 | Yes           |                  2 | On Loan: No      |
| ALPHABET INC                                   | Alphabet, Inc.                                                          | CUSIP: 02079KAG2<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $788672.89    | 0.45%             | 2060-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                    | Federal Home Loan Mortgage Corp.                                        | CUSIP: 3132A4NY0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    357079 | PA      | $342021.79    | 0.20%             | 2044-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 31412SJY2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8179 | PA      | $8204.50      | 0.00%             | 2037-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| American Homes 4 Rent                          | American Homes 4 Rent Trust                                             | CUSIP: 02665XAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    552671 | PA      | $532048.70    | 0.30%             | 2036-12-17      | Fixed         | 3.68%                 | Yes           |                  2 | On Loan: No      |
| META PLATFORMS INC                             | Meta Platforms, Inc.                                                    | CUSIP: 30303M8H8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1055924.27   | 0.60%             | 2032-08-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Capital Automotive Reit                        | Capital Automotive                                                      | CUSIP: 12510HAK6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    557793 | PA      | $477804.93    | 0.27%             | 2051-08-15      | Fixed         | 1.44%                 | Yes           |                  2 | On Loan: No      |
| Stack Infrastructure Issuer LL                 | Stack Infrastructure Issuer, LLC                                        | CUSIP: 85236KAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    595000 | PA      | $513866.04    | 0.29%             | 2046-03-26      | Fixed         | 1.88%                 | Yes           |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                        | The Goldman Sachs Group, Inc.                                           | CUSIP: 38141GZM9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1505000 | PA      | $1222030.70   | 0.70%             | 2033-02-24      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| MOSAIC CO                                      | The Mosaic Co.                                                          | CUSIP: 61945CAD5<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | DBT              | CORP              | US        |    959000 | PA      | $932583.89    | 0.53%             | 2033-11-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                       | Intercontinental Exchange, Inc.                                         | CUSIP: 45866FAK0<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |   1414000 | PA      | $1154240.71   | 0.66%             | 2030-06-15      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities                  | Goldman Sachs Mortgage-Backed Securities Corp. Trust                    | CUSIP: 36258WAF9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     21512 | PA      | $21083.86     | 0.01%             | 2050-10-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                    | Federal Home Loan Mortgage Corp.                                        | CUSIP: 3137FJGV5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    416632 | PA      | $398441.08    | 0.23%             | 2051-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                   | QUALCOMM, Inc.                                                          | CUSIP: 747525AV5<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1010343.91   | 0.58%             | 2047-05-20      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                    | Federal Home Loan Mortgage Corp.                                        | CUSIP: 31329KNC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    146684 | PA      | $145552.85    | 0.08%             | 2030-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL RETAIL PROP INC                       | National Retail Properties, Inc.                                        | CUSIP: 637417AL0<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              | CORP              | US        |   1230000 | PA      | $1141122.17   | 0.65%             | 2028-10-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Tru                 | Provident Funding Mortgage Trust                                        | CUSIP: 74387YAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1469903 | PA      | $1260269.53   | 0.72%             | 2051-04-25      | Variable      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| AMSR Trust                                     | AMSR Trust                                                              | CUSIP: 00178UAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $362041.00    | 0.21%             | 2037-07-17      | Fixed         | 1.63%                 | Yes           |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 3138EJUG1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     97118 | PA      | $94031.72     | 0.05%             | 2042-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 3138WEY94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    341099 | PA      | $322351.77    | 0.18%             | 2045-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP REV                 | New York State Urban Development Corp.                                  | CUSIP: 650035TD0<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |    290000 | PA      | $297815.04    | 0.17%             | 2039-03-15      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| TWDC ENTERPRISES 18 CORP                       | The Walt Disney Co., Class E                                            | CUSIP: 25468PCR5<br>LEI: 7260JQNI6SCF9FIV2392 | Long             | DBT              | CORP              | US        |   1267000 | PA      | $1086513.40   | 0.62%             | 2041-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                     | Navient Student Loan Trust                                              | CUSIP: 63939CAD9<br>LEI: 54930094LU45XF2CP718 | Long             | ABS-MBS          | CORP              | US        |   1100000 | PA      | $1088544.05   | 0.62%             | 2031-10-15      | Floating      | 5.92%                 | Yes           |                  2 | On Loan: No      |
| KEYCORP                                        | KeyCorp                                                                 | CUSIP: 49326EEK5<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |    920000 | PA      | $814339.57    | 0.47%             | 2027-04-06      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Trust                                                                | CUSIP: 05608RAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    200000 | PA      | $190218.48    | 0.11%             | 2036-10-15      | Floating      | 5.22%                 | Yes           |                  2 | On Loan: No      |
| AT&T INC                                       | AT&T, Inc.                                                              | CUSIP: 00206RBH4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1220000 | PA      | $1000880.79   | 0.57%             | 2042-12-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                    | Federal Home Loan Mortgage Corp.                                        | CUSIP: 3131WRDM4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    325273 | PA      | $322452.74    | 0.18%             | 2041-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management                    | Woodward Capital Management                                             | CUSIP: 74938FAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    893620 | PA      | $766174.97    | 0.44%             | 2052-01-25      | Variable      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac - SCRT                             | Seasoned Credit Risk Transfer Trust                                     | CUSIP: 35563PCS6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    601627 | PA      | $586323.39    | 0.34%             | 2057-06-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                   | Credit Suisse Mortgage Trust                                            | CUSIP: 12651RAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    874037 | PA      | $776067.97    | 0.44%             | 2047-04-25      | Variable      | 3.25%                 | Yes           |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities                  | Goldman Sachs Mortgage-Backed Securities Corp. Trust                    | CUSIP: 36257EAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     40834 | PA      | $40623.96     | 0.02%             | 2059-01-25      | Variable      | 2.62%                 | Yes           |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus                 | BRAVO Residential Funding Trust                                         | CUSIP: 10569CAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    560553 | PA      | $554861.70    | 0.32%             | 2069-11-25      | Floating      | 4.68%                 | Yes           |                  2 | On Loan: No      |
| Mello Mortgage Capital Accepta                 | Mello Mortgage Capital Acceptance                                       | CUSIP: 58549XAF0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    897842 | PA      | $767549.85    | 0.44%             | 2051-08-25      | Variable      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| US BANCORP                                     | U.S. Bancorp, Series J                                                  | CUSIP: 902973AZ9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |   1230000 | PA      | $1072031.10   | 0.61%             | 2049-10-15      | Variable      | 5.30%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                | McDonald's Corp.                                                        | CUSIP: 58013MFK5<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |   1505000 | PA      | $1132120.39   | 0.65%             | 2049-09-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                            | JPMorgan Chase & Co.                                                    | CUSIP: 46647PBE5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1465000 | PA      | $1228572.51   | 0.70%             | 2030-10-15      | Variable      | 2.74%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                   | Comcast Corp.                                                           | CUSIP: 20030NCT6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    525000 | PA      | $503447.22    | 0.29%             | 2028-10-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| TTX CO                                         | TTX Co.                                                                 | CUSIP: 87305QCN9<br>LEI: 549300I8CNSYS1OGX775 | Long             | DBT              | CORP              | US        |    815000 | PA      | $703075.06    | 0.40%             | 2049-02-01      | Fixed         | 4.60%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac - SCRT                             | Seasoned Credit Risk Transfer Trust                                     | CUSIP: 35563PBF5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    712655 | PA      | $665783.21    | 0.38%             | 2056-08-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                         | Sequoia Mortgage Trust                                                  | CUSIP: 81748WAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    912739 | PA      | $783662.19    | 0.45%             | 2051-06-25      | Variable      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac - SLST                             | Seasoned Loans Structured Transaction Trust                             | CUSIP: 35564CGQ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    514566 | PA      | $461222.86    | 0.26%             | 2030-09-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                    | Federal Home Loan Mortgage Corp.                                        | CUSIP: 3133KNEH2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1039173 | PA      | $885859.28    | 0.51%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association Interest Only                     | CUSIP: 3138L8TU8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1975000 | PA      | $1759643.00   | 1.01%             | 2035-01-01      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Trust                                                                | CUSIP: 05609VAG0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1255000 | PA      | $1183132.17   | 0.68%             | 2036-09-15      | Floating      | 5.27%                 | Yes           |                  2 | On Loan: No      |
| LINCOLN NE ELEC SYS REVENUE                    | City of Lincoln NE Electric System Revenue                              | CUSIP: 534272M97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $259741.20    | 0.15%             | 2032-09-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL                  | New York City Transitional Finance Authority Future Tax Secured Revenue | CUSIP: 64971MZG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $522863.11    | 0.30%             | 2036-08-01      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| Social Professional Loan Progr                 | Social Professional Loan Program                                        | CUSIP: 83404LAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    102726 | PA      | $100592.84    | 0.06%             | 2033-04-25      | Fixed         | 2.34%                 | Yes           |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                      | Towd Point Mortgage Trust REMIC                                         | CUSIP: 89173HAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     56351 | PA      | $55622.57     | 0.03%             | 2057-04-25      | Variable      | 2.75%                 | Yes           |                  2 | On Loan: No      |
| Banc of America Merrill Lynch                  | Banc of America Merrill Lynch Commercial Mortgage Securities Trust      | CUSIP: 05525BAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1150000 | PA      | $1037356.93   | 0.59%             | 2037-03-10      | Variable      | 3.53%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage A                 | Government National Mortgage Association REMIC                          | CUSIP: 38377V3U8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-CBDO         | USGSE             | US        |    890115 | PA      | $898912.32    | 0.51%             | 2034-07-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                    | Federal Home Loan Mortgage Corp. REMIC                                  | CUSIP: 3137BL5R5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     23655 | PA      | $23352.94     | 0.01%             | 2042-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                    | Federal Home Loan Mortgage Corp.                                        | CUSIP: 31329MWE6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1032538 | PA      | $939480.21    | 0.54%             | 2043-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Tricon American Homes                          | Tricon American Homes Trust                                             | CUSIP: 89613JAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1335646 | PA      | $1105302.08   | 0.63%             | 2039-11-17      | Fixed         | 1.48%                 | Yes           |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                  | Citigroup Mortgage Loan Trust                                           | CUSIP: 17327RAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    432228 | PA      | $407918.77    | 0.23%             | 2066-01-25      | Variable      | 3.50%                 | Yes           |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                   | Goldman Sachs Mortgage Securities Trust                                 | CUSIP: 36265AAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    790000 | PA      | $763189.85    | 0.44%             | 2036-11-15      | Floating      | 5.20%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP INC                                  | Citigroup, Inc.                                                         | CUSIP: 172967NU1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1310000 | PA      | $1226727.23   | 0.70%             | 2033-05-24      | Variable      | 4.91%                 | No            |                  2 | On Loan: No      |
| TSMC GLOBAL LTD                                | TSMC Global, Ltd.                                                       | CUSIP: 872882AG0<br>LEI: 549300N2ZLI21P85T117 | Long             | DBT              | CORP              | VG        |   1303000 | PA      | $999706.18    | 0.57%             | 2030-09-28      | Fixed         | 1.38%                 | Yes           |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 3140XFLM1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3289165 | PA      | $2897233.58   | 1.66%             | 2052-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                      | Towd Point Mortgage Trust                                               | CUSIP: 89176VAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    684275 | PA      | $636831.50    | 0.36%             | 2058-07-25      | Variable      | 3.25%                 | Yes           |                  2 | On Loan: No      |
| New Residential Mortgage Loan                  | New Residential Mortgage Loan Trust                                     | CUSIP: 64830TAD0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    267014 | PA      | $245939.52    | 0.14%             | 2059-10-25      | Variable      | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Sabey Data Center Issuer LLC                   | Sabey Data Center Issuer, LLC                                           | CUSIP: 78520EAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    435000 | PA      | $369925.91    | 0.21%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 31410LDP4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     66681 | PA      | $66102.49     | 0.04%             | 2040-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - SCRT                             | Seasoned Credit Risk Transfer Trust                                     | CUSIP: 35563PBY4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    384842 | PA      | $362115.77    | 0.21%             | 2056-07-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                   | Goldman Sachs Mortgage Securities Trust Interest Only REMIC             | CUSIP: 36191YAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    945489 | PA      | $2.27         | 0.00%             | 2044-08-10      | Variable      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| CF Hippolyta Issuer LLC                        | CF Hippolyta Issuer, LLC                                                | CUSIP: 12530MAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    861307 | PA      | $744755.24    | 0.43%             | 2061-03-15      | Fixed         | 1.53%                 | Yes           |                  2 | On Loan: No      |
| XILINX INC                                     | Xilinx, Inc.                                                            | CUSIP: 983919AK7<br>LEI: 6EY4K7ZMF9UX1CU6KC79 | Long             | DBT              | CORP              | US        |   1345000 | PA      | $1130950.41   | 0.65%             | 2030-06-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                       | Volkswagen Group of America Finance, LLC                                | CUSIP: 928668BE1<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    813000 | PA      | $776422.36    | 0.44%             | 2025-05-13      | Fixed         | 3.35%                 | Yes           |                  2 | On Loan: No      |
| LAND O LAKES CAP TRST I                        | Land O'Lakes Capital Trust I                                            | CUSIP: 514665AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    530000 | PA      | $516750.00    | 0.30%             | 2028-03-15      | Fixed         | 7.45%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                    | Federal Home Loan Mortgage Corp.                                        | CUSIP: 3133KPL63<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1129515 | PA      | $1059877.98   | 0.61%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                         | SLM Student Loan Trust                                                  | CUSIP: 78445JAA5<br>LEI: 549300MTK92VF84VT259 | Long             | ABS-MBS          | CORP              | US        |    281110 | PA      | $278385.40    | 0.16%             | 2023-04-25      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 31417G3Y0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    378824 | PA      | $344681.34    | 0.20%             | 2043-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Finance of America Structured Securities Trust | Finance of America Structured Securities Trust                          | CUSIP: 31739MAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    825346 | PA      | $757560.76    | 0.43%             | 2051-04-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| ALBEMARLE CORP                                 | Albemarle Corp.                                                         | CUSIP: 012725AD9<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |   1111000 | PA      | $1003941.54   | 0.57%             | 2044-12-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Credit Suisse First Boston Mor                 | Credit Suisse First Boston Mortgage Securities Corp. REMIC              | CUSIP: 22541NT58<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     16657 | PA      | $15710.46     | 0.01%             | 2033-04-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Home Partners of America Trust                 | Home Partners of America Trust                                          | CUSIP: 43730XAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    893021 | PA      | $751704.33    | 0.43%             | 2041-01-17      | Fixed         | 2.20%                 | Yes           |                  2 | On Loan: No      |
| CoreVest American Finance Ltd                  | Colony American Finance, Ltd.                                           | CUSIP: 21873AAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    962193 | PA      | $849342.11    | 0.49%             | 2052-12-15      | Fixed         | 1.17%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                 | Federal Home Loan Mortgage Corp.                                        | CUSIP: 3137FDET5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGSE             | US        |    740000 | PA      | $673207.16    | 0.38%             | 2032-11-25      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan                  | New Residential Mortgage Loan Trust                                     | CUSIP: 64830GAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    359381 | PA      | $337027.32    | 0.19%             | 2057-12-25      | Variable      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK CITY NY MUNI WTR FIN                  | New York City Municipal Water Finance Authority                         | CUSIP: 64972FT30<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    340000 | PA      | $365911.88    | 0.21%             | 2042-06-15      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                                | U.S. Treasury Inflation Indexed Bond                                    | CUSIP: 912810PV4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1175000 | PA      | $1670303.93   | 0.95%             | 2028-01-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                  | Citigroup Mortgage Loan Trust, Inc. REMIC                               | CUSIP: 17307GFQ6<br>LEI: 549300R1KUK063S4I339 | Long             | ABS-CBDO         | CORP              | US        |     98317 | PA      | $93656.56     | 0.05%             | 2034-07-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CoreVest American Finance Ltd                  | CoreVest American Finance, Ltd.                                         | CUSIP: 21873CAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    864171 | PA      | $762119.41    | 0.44%             | 2053-08-15      | Fixed         | 1.36%                 | Yes           |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 3140Q7XN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    405089 | PA      | $376571.89    | 0.22%             | 2047-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                    | Federal Home Loan Mortgage Corp. REMIC                                  | CUSIP: 3137APF70<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    164227 | PA      | $162316.49    | 0.09%             | 2041-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AGILENT TECHNOLOGIES INC                       | Agilent Technologies, Inc.                                              | CUSIP: 00846UAM3<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |   1299000 | PA      | $1051068.25   | 0.60%             | 2030-06-04      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX ELEC & GAS REVE                 | City of San Antonio TX Electric & Gas Systems Revenue                   | CUSIP: 79625GFQ1<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |    385000 | PA      | $333883.90    | 0.19%             | 2042-02-01      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON INGALLS INDUS                       | Huntington Ingalls Industries, Inc.                                     | CUSIP: 446413AL0<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |   1262000 | PA      | $1145382.37   | 0.65%             | 2027-12-01      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                    | Federal Home Loan Mortgage Corp.                                        | CUSIP: 3132D53P5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    428865 | PA      | $402543.37    | 0.23%             | 2034-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 31418CXN9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    149843 | PA      | $143175.90    | 0.08%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 3140QNSX1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1482857 | PA      | $1308330.49   | 0.75%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 3138WDKX8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    626280 | PA      | $599883.23    | 0.34%             | 2044-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                    | Oracle Corp.                                                            | CUSIP: 68389XCD5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1017750.33   | 0.58%             | 2028-03-25      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan                  | New Residential Mortgage Loan Trust REMIC                               | CUSIP: 64829DAG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    155227 | PA      | $142856.49    | 0.08%             | 2054-11-25      | Variable      | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 3138L3G82<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1232920 | PA      | $1122415.77   | 0.64%             | 2043-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 3138WGXY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    511032 | PA      | $489276.06    | 0.28%             | 2046-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Flagstar Mortgage Trust                        | Flagstar Mortgage Trust                                                 | CUSIP: 33851PAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    749894 | PA      | $641071.92    | 0.37%             | 2051-07-25      | Variable      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                            | Dollar General Corp.                                                    | CUSIP: 256677AG0<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |   1355000 | PA      | $1219019.56   | 0.70%             | 2030-04-03      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                    | Federal Home Loan Mortgage Corp.                                        | CUSIP: 31329KN91<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    135920 | PA      | $134870.08    | 0.08%             | 2031-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CBRE SERVICES INC                              | CBRE Services, Inc.                                                     | CUSIP: 12505BAE0<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |   1330000 | PA      | $1048298.87   | 0.60%             | 2031-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - SCRT                             | Seasoned Credit Risk Transfer Trust                                     | CUSIP: 35563PQS1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    797333 | PA      | $729609.24    | 0.42%             | 2059-11-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CHUBB CORP                                     | The Chubb Corp.                                                         | CUSIP: 171232AE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    947000 | PA      | $1016031.36   | 0.58%             | 2031-11-15      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                 | Residential Accredit Loans, Inc. Trust REMIC                            | CUSIP: 76110G6V8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     13711 | PA      | $10870.88     | 0.01%             | 2023-12-31      | Floating      | 6.71%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 31416QX83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     62241 | PA      | $61653.64     | 0.04%             | 2039-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                         | Verizon Communications, Inc.                                            | CUSIP: 92343VGB4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    800000 | PA      | $569882.54    | 0.33%             | 2051-03-22      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                | U.S. Treasury Note/Bond                                                 | CUSIP: 91282CDY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11525000 | PA      | $9776891.57   | 5.59%             | 2032-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Brean Asset Backed Securities                  | Brean Asset Backed Securities Trust                                     | CUSIP: 10638CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1063360 | PA      | $904835.53    | 0.52%             | 2063-10-25      | Variable      | 1.40%                 | Yes           |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                           | Waste Management, Inc.                                                  | CUSIP: 94106LBP3<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |   1535000 | PA      | $1200122.96   | 0.69%             | 2031-03-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 3140JWQJ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    402625 | PA      | $357003.71    | 0.20%             | 2049-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 3138L2LH8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2014913 | PA      | $1807483.87   | 1.03%             | 2033-01-01      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association REMIC                             | CUSIP: 3136AXJH9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    955000 | PA      | $912662.65    | 0.52%             | 2037-11-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 3140XHJE8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1981861 | PA      | $1872463.88   | 1.07%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                       | AerCap Ireland Capital DAC/AerCap Global Aviation Trust                 | CUSIP: 00774MAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    575000 | PA      | $547617.79    | 0.31%             | 2025-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                  | Citigroup Mortgage Loan Trust REMIC                                     | CUSIP: 17322GAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    316302 | PA      | $293554.86    | 0.17%             | 2035-01-25      | Variable      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 31418MT93<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    144010 | PA      | $142723.60    | 0.08%             | 2040-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 31417JTR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8685 | PA      | $8476.50      | 0.00%             | 2024-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                    | Federal Home Loan Mortgage Corp. REMIC                                  | CUSIP: 3137FA2U1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    960000 | PA      | $902601.50    | 0.52%             | 2037-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                  | Citigroup Mortgage Loan Trust                                           | CUSIP: 17323TAC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    281366 | PA      | $269542.85    | 0.15%             | 2053-01-25      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| PAPILLION-LA VISTA NE SCH DIST                 | Papillion-La Vista School District No. 27                               | CUSIP: 698873G83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $98670.43     | 0.06%             | 2030-12-01      | Fixed         | 1.71%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing a                 | Credit-Based Asset Servicing & Securitization, LLC REMIC                | CUSIP: 12489WFD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    159521 | PA      | $154571.14    | 0.09%             | 2033-02-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| CSMLT TRUST                                    | CSMLT Trust                                                             | CUSIP: 12650UAU5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    165528 | PA      | $150570.12    | 0.09%             | 2030-10-25      | Variable      | 2.99%                 | Yes           |                  2 | On Loan: No      |
| Stack Infrastructure Issuer LL                 | Stack Infrastructure Issuer, LLC                                        | CUSIP: 85236KAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    653933 | PA      | $638072.65    | 0.36%             | 2044-02-25      | Fixed         | 4.54%                 | Yes           |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                            | The Charles Schwab Corp.                                                | CUSIP: 808513BD6<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |   1202000 | PA      | $1175556.00   | 0.67%             | 2065-06-01      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                    | Federal Home Loan Mortgage Corp.                                        | CUSIP: 3133KPUC0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1829906 | PA      | $1763084.27   | 1.01%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Federal National Mortgage Association                                   | CUSIP: 31416PFE2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3226 | PA      | $3149.48      | 0.00%             | 2024-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse First Boston Mor                 | Credit Suisse First Boston Mortgage Securities Corp. REMIC              | CUSIP: 225458G28<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      1182 | PA      | $1119.14      | 0.00%             | 2023-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                       | Burlington Northern Santa Fe, LLC                                       | CUSIP: 12189LAU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1084910.57   | 0.62%             | 2044-09-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                           | Bank of America Corp.                                                   | CUSIP: 06051GJT7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1425000 | PA      | $1140547.33   | 0.65%             | 2032-04-22      | Variable      | 2.69%                 | No            |                  2 | On Loan: No      |
| FRESB Multifamily Mortgage Pas                 | FRESB Mortgage Trust                                                    | CUSIP: 302966AL0<br>LEI: N/A                  | Long             | ABS-CBDO         | USGSE             | US        |    298343 | PA      | $281866.89    | 0.16%             | 2028-10-25      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                 | Government National Mortgage Association                                | CUSIP: 38380LSA2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-CBDO         | USGSE             | US        |    376379 | PA      | $361610.09    | 0.21%             | 2069-01-20      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                    | Netflix, Inc.                                                           | CUSIP: 64110LAN6<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    458000 | PA      | $440825.00    | 0.25%             | 2026-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NIKE INC                                       | NIKE, Inc.                                                              | CUSIP: 654106AE3<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |   1195000 | PA      | $1033702.05   | 0.59%             | 2045-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-13

**Name of Applicant:** Tributary Funds, Inc.

**Signature:** /s/ Karen Shaw

**Name of Signer:** Karen Shaw

**Title:** Treasurer