# EDGAR Filing Document

**Accession Number:** 0001502608
**File Stem:** 0001752724-25-156889
**Filing Date:** 2025-6
**Character Count:** 263208
**Document Hash:** f6e4a9b6d3fabea4a0112271e1bbed8a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-156889.hdr.sgml**: 20250626

**ACCESSION NUMBER**: 0001752724-25-156889

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250626

**DATE AS OF CHANGE**: 20250626

**PERIOD START**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Adviser Managed Trust
- **CENTRAL INDEX KEY:** 0001502608

**ORGANIZATION NAME:**
- **EIN:** 273560836
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22480
- **FILM NUMBER:** 251075614

**BUSINESS ADDRESS:**
- **STREET 1:** 1 FREEDOM VALLEY DR.
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456
- **BUSINESS PHONE:** (800) 342-5734

**MAIL ADDRESS:**
- **STREET 1:** 1 FREEDOM VALLEY DR.
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456

## Series and Classes Contracts Data

### Core Fixed Income Fund (Series ID: S000073479)

| Class ID   | Class Name             | Ticker Symbol   |
|:---|:---|:---|
| C000230414 | Core Fixed Income Fund | AAEYX           |

## Nport-Ex

**SCHEDULE OF INVESTMENTS (Unaudited)** 

April, 30, 2025

**Diversified Equity Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **EXCHANGE TRADED FUND — 111.2%** | **EXCHANGE TRADED FUND — 111.2%** | **EXCHANGE TRADED FUND — 111.2%** |
| **EQUITY — 111.2%** | **EQUITY — 111.2%** | **EQUITY — 111.2%** |
| &nbsp;&nbsp;&nbsp;SPDR S&P 500 ETF Trust <sup>(1)</sup> | 180 | $100 |
| Total Exchange Traded Fund  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $75) ($ Thousands) |  | 100 |
| **FOREIGN COMMON STOCK — 1.0%** | **FOREIGN COMMON STOCK — 1.0%** | **FOREIGN COMMON STOCK — 1.0%** |
| **Switzerland — 1.0%** | **Switzerland — 1.0%** |  |
| **Industrials — 1.0%** | **Industrials — 1.0%** |  |
| &nbsp;&nbsp;&nbsp;SGS  | 9 | 1 |
| Total Foreign Common Stock  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $1) ($ Thousands) |  | 1 |
| Total Investments in Securities — 112.2% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $76) ($ Thousands)  | &nbsp;&nbsp;&nbsp;(Cost $76) ($ Thousands)  | $101 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $90 ($ Thousands). |
| (1) | Represents greater than 10% of the Fund's total investments. For further financial information, please go to the Securities Exchange Commission's website at https://www.sec.gov. |

---

ETF — Exchange Traded Fund <br> S&P— Standard & Poor's <br> SPDR — Standard & Poor's Depository Receipt

Adviser Managed Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

April 30, 2025

**Enhanced Fixed Income Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **EXCHANGE TRADED FUNDS — 99.7%** | **EXCHANGE TRADED FUNDS — 99.7%** | **EXCHANGE TRADED FUNDS — 99.7%** |
| **INTERNATIONAL — 49.9%** | **INTERNATIONAL — 49.9%** | **INTERNATIONAL — 49.9%** |
| &nbsp;&nbsp;&nbsp;SPDR Bloomberg Emerging Markets USD Bond ETF <sup>(1)</sup> | 1970 | $48 |
| **FIXED INCOME — 49.8%** | **FIXED INCOME — 49.8%** | **FIXED INCOME — 49.8%** |
| &nbsp;&nbsp;&nbsp;SPDR Portfolio High Yield Bond ETF <sup>(1)</sup> | 2034 | 47 |
| Total Exchange Traded Funds  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $91) ($ Thousands) |  | 95 |
| Total Investments in Securities — 99.7% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $91) ($ Thousands)  | &nbsp;&nbsp;&nbsp;(Cost $91) ($ Thousands)  | $95 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $95 ($ Thousands). |
| (1) | Represents greater than 10% of the Fund's total investments. For further financial information, please go to the Securities Exchange Commission's website at https://www.sec.gov. |

---

ETF — Exchange Traded Fund <br> SPDR — Standard & Poor's Depository Receipt <br> USD — U.S. Dollar

Adviser Managed Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

April 30, 2025

 **Core Fixed Income Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **U.S. TREASURY OBLIGATIONS — 44.8%** | **U.S. TREASURY OBLIGATIONS — 44.8%** | **U.S. TREASURY OBLIGATIONS — 44.8%** |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Bonds  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 11/15/2043  | $4500 | $4546 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 02/15/2045  | 1600 | 1611 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 11/15/2053  | 3450 | 3469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 11/15/2044  | 200 | 198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 02/15/2055  | 500 | 496 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 11/15/2054  | 600 | 581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 05/15/2041  | 300 | 293 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 08/15/2043  | 2100 | 2025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 02/15/2054  | 500 | 463 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 08/15/2054  | 400 | 371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 05/15/2053  | 100 | 83 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 08/15/2052  | 500 | 366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 05/15/2049  | 200 | 145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 05/15/2052  | 200 | 142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.375%, 05/15/2051  | 200 | 128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.250%, 05/15/2041  | 500 | 366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.250%, 02/15/2052  | 500 | 309 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.875%, 02/15/2051  | 300 | 170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.875%, 11/15/2051  | 200 | 113 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.375%, 11/15/2040  | 200 | 128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.375%, 08/15/2050  | 300 | 150 |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Notes  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 06/30/2026  | 1700 | 1715 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 06/15/2027  | 500 | 510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 04/30/2029  | 400 | 414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 04/30/2031  | 500 | 521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 05/31/2031  | 500 | 521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 02/15/2035  | 1700 | 1764 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 05/15/2027  | 300 | 305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 11/15/2033  | 1800 | 1855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 07/31/2026  | 1000 | 1007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 12/15/2026  | 5000 | 5053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 07/15/2027  | 500 | 508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 11/30/2028  | 500 | 512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 12/31/2029  | 500 | 514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 01/31/2032  | 1000 | 1027 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 05/15/2034  | 800 | 815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 12/31/2026  | 500 | 505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 02/28/2029  | 650 | 664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 01/31/2030  | 500 | 512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 02/28/2031  | 300 | 306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 06/30/2031  | 1000 | 1021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 11/15/2034  | 300 | 302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 10/31/2026  | 500 | 503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 01/31/2027  | 1500 | 1512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 07/31/2028  | 500 | 508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 03/31/2029  | 400 | 407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 11/30/2029  | 500 | 509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 02/29/2032  | 500 | 506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/15/2027  | 6000 | 6033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/15/2027  | 500 | 505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/31/2029  | 5500 | 5567 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/31/2029  | $| 500 | $| 506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/31/2030  |  | 2000 |  | 2025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/31/2031  |  | 4950 |  | 4995 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 03/31/2027  |  | 1300 |  | 1306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 10/15/2027  |  | 500 |  | 503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 03/15/2028  |  | 400 |  | 403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 08/15/2033  |  | 200 |  | 197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 08/15/2034  |  | 600 |  | 588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 08/31/2026  |  | 500 |  | 500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 08/15/2027  |  | 500 |  | 502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 04/15/2028  |  | 3000 |  | 3014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 12/31/2028  |  | 3500 |  | 3513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 12/31/2030  |  | 3250 |  | 3239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 08/31/2031  |  | 400 |  | 397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 08/31/2029  |  | 500 |  | 499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 03/31/2030  |  | 200 |  | 199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 09/30/2031  |  | 500 |  | 492 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 09/30/2026  |  | 500 |  | 498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 02/15/2033  |  | 300 |  | 290 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 09/15/2027  |  | 500 |  | 498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 05/15/2028  |  | 250 |  | 245 |
| Total U.S. Treasury Obligations | Total U.S. Treasury Obligations | Total U.S. Treasury Obligations |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $76,880) ($ Thousands) | &nbsp;&nbsp;&nbsp;(Cost $76,880) ($ Thousands) | &nbsp;&nbsp;&nbsp;(Cost $76,880) ($ Thousands) |  | 76963 |
| **MORTGAGE-BACKED SECURITIES — 26.1%** | **MORTGAGE-BACKED SECURITIES — 26.1%** | **MORTGAGE-BACKED SECURITIES — 26.1%** | **MORTGAGE-BACKED SECURITIES — 26.1%** | **MORTGAGE-BACKED SECURITIES — 26.1%** |
| **Agency Mortgage-Backed Obligations — 25.4%** | **Agency Mortgage-Backed Obligations — 25.4%** | **Agency Mortgage-Backed Obligations — 25.4%** |  |  |
| &nbsp;&nbsp;&nbsp;FHLMC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 02/01/2054 |  | 320 |  | 331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 11/01/2053 to 08/01/2054  |  | 1457 |  | 1480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 03/01/2054 to 11/01/2054  |  | 1036 |  | 1034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 12/01/2053 to 01/01/2055  |  | 734 |  | 720 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 10/01/2052 to 11/01/2052  |  | 2100 |  | 2013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 11/01/2052 |  | 702 |  | 656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 07/01/2038 to 09/01/2052  |  | 2242 |  | 2068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 04/01/2052 |  | 1707 |  | 1483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 12/01/2050 |  | 459 |  | 385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 09/01/2041 to 09/01/2051  |  | 2770 |  | 2255 |
| &nbsp;&nbsp;&nbsp;FHLMC Multifamily Structured Pass Through Certificates, Ser K528, Cl A2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.508%, 07/25/2029 |  | 51 |  | 52 |
| &nbsp;&nbsp;&nbsp;FHLMC Multifamily Structured Pass-Through Certificates, Ser 158, Cl A2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.050%, 07/25/2033 |  | 350 |  | 340 |
| &nbsp;&nbsp;&nbsp;FHLMC Multifamily Structured Pass-Through Certificates, Ser K508, Cl A2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.740%, 08/25/2028(A) |  | 500 |  | 510 |
| &nbsp;&nbsp;&nbsp;FHLMC Multifamily Structured Pass-Through Certificates, Ser K511, Cl A2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.860%, 10/25/2028 |  | 400 |  | 410 |
| &nbsp;&nbsp;&nbsp;FHLMC TBA |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/01/2040 |  | 400 |  | 392 |

---

Adviser Managed Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

April 30, 2025

 **Core Fixed Income Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;FNMA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 11/01/2053 | $| 645 | $665 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 09/01/2054 |  | 486 | 493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 07/01/2053 to 02/01/2055  |  | 1252 | 1251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/01/2053 |  | 1104 | 1082 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/01/2052 |  | 662 | 618 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 01/01/2048 |  | 513 | 470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 07/01/2037 to 06/01/2052  |  | 1634 | 1455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 03/01/2037 to 06/01/2052  |  | 5042 | 4247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 06/01/2036 to 03/01/2052  |  | 7123 | 5783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.500%, 05/01/2037 |  | 932 | 823 |
| &nbsp;&nbsp;&nbsp;GNMA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 01/20/2054 to 08/20/2054  |  | 271 | 277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 05/20/2053 |  | 585 | 596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 05/20/2054 to 09/20/2054  |  | 1013 | 1014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/20/2053 to 01/20/2055  |  | 857 | 842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 10/20/2052 |  | 894 | 861 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/20/2052 |  | 589 | 550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 06/20/2052 |  | 1119 | 1019 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 09/20/2051 |  | 1416 | 1255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 08/20/2051 to 04/20/2052  |  | 1762 | 1502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 12/20/2050 to 03/20/2052  |  | 1889 | 1541 |
| &nbsp;&nbsp;&nbsp;GNMA TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 06/01/2036 |  | 200 | 202 |
| &nbsp;&nbsp;&nbsp;UMBS TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 05/15/2055 |  | 250 | 262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 05/01/2032 |  | 500 | 507 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 05/15/2055 |  | 500 | 451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 05/15/2055 |  | 1600 | 1330 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 05/15/2040 |  | 500 | 454 |
|  |  |  | 43679 |
| **Non-Agency Mortgage-Backed Obligations — 0.7%** | **Non-Agency Mortgage-Backed Obligations — 0.7%** | **Non-Agency Mortgage-Backed Obligations — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;BANK, Ser 2019-BN21, Cl A5 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.851%, 10/17/2052 |  | 275 | 253 |
| &nbsp;&nbsp;&nbsp;BBCMS Mortgage Trust, Ser 2024-C24, Cl A5 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.419%, 02/15/2057 |  | 150 | 154 |
| &nbsp;&nbsp;&nbsp;Benchmark Mortgage Trust, Ser 2020-B19, Cl A5 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.850%, 09/15/2053 |  | 350 | 301 |
| &nbsp;&nbsp;&nbsp;BMO Mortgage Trust, Ser C8, Cl A5 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.598%, 03/15/2057(A) |  | 135 | 140 |
| &nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust, Ser 2022-C62, Cl A4 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/15/2055(A) |  | 350 | 330 |
|  |  |  | 1178 |
| Total Mortgage-Backed Securities |  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $44,773) ($ Thousands) |  |  | 44857 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS — 25.0%** | **CORPORATE OBLIGATIONS — 25.0%** | **CORPORATE OBLIGATIONS — 25.0%** |
| **Communication Services — 1.7%** | **Communication Services — 1.7%** |  |
| &nbsp;&nbsp;&nbsp;Alphabet  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 05/15/2035  | $100 | $99 |
| &nbsp;&nbsp;&nbsp;AT&T  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.400%, 02/15/2034  | 250 | 255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.650%, 06/01/2051  | 375 | 263 |
| &nbsp;&nbsp;&nbsp;Charter Communications Operating  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.150%, 11/10/2026  | 250 | 255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 04/01/2053  | 200 | 158 |
| &nbsp;&nbsp;&nbsp;Comcast  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.350%, 05/15/2053  | 150 | 137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.550%, 01/15/2029  | 250 | 253 |
| &nbsp;&nbsp;&nbsp;Meta Platforms  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.400%, 08/15/2054  | 120 | 116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 08/15/2034  | 25 | 25 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.300%, 08/15/2029  | 30 | 30 |
| &nbsp;&nbsp;&nbsp;T-Mobile USA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 05/15/2032  | 150 | 151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.850%, 01/15/2029  | 250 | 253 |
| &nbsp;&nbsp;&nbsp;Verizon Communications  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.400%, 03/22/2041  | 350 | 267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.100%, 03/22/2028  | 250 | 236 |
| &nbsp;&nbsp;&nbsp;Walt Disney  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, 12/01/2045  | 200 | 250 |
| &nbsp;&nbsp;&nbsp;Warnermedia Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.050%, 03/15/2042  | 250 | 188 |
|  |  | 2936 |
| **Consumer Discretionary — 1.5%** | **Consumer Discretionary — 1.5%** |  |
| &nbsp;&nbsp;&nbsp;Amazon.com  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.300%, 04/13/2027  | 250 | 247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 05/12/2041  | 150 | 111 |
| &nbsp;&nbsp;&nbsp;American Honda Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.450%, 10/22/2027  | 100 | 100 |
| &nbsp;&nbsp;&nbsp;American Honda Finance MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.050%, 07/10/2031  | 100 | 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.900%, 07/09/2027  | 30 | 30 |
| &nbsp;&nbsp;&nbsp;AutoZone  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 06/15/2030  | 100 | 102 |
| &nbsp;&nbsp;&nbsp;Council of Europe Development Bank  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 01/15/2030  | 80 | 82 |
| &nbsp;&nbsp;&nbsp;Ford Motor Credit  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.050%, 03/05/2031  | 250 | 244 |
| &nbsp;&nbsp;&nbsp;General Motors Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.400%, 05/08/2027  | 100 | 101 |
| &nbsp;&nbsp;&nbsp;Home Depot  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 09/30/2026  | 250 | 253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.300%, 04/15/2040  | 150 | 118 |
| &nbsp;&nbsp;&nbsp;Las Vegas Sands  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 08/18/2026  | 200 | 196 |
| &nbsp;&nbsp;&nbsp;Lowe's  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.800%, 09/15/2041  | 150 | 102 |

---

Adviser Managed Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Marriott International  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.300%, 05/15/2034  | $| 100 | $99 |
| &nbsp;&nbsp;&nbsp;McDonald's  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.450%, 08/14/2053  |  | 150 | 143 |
| &nbsp;&nbsp;&nbsp;President and Fellows of Harvard College  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.887%, 03/15/2030  |  | 100 | 103 |
| &nbsp;&nbsp;&nbsp;Starbucks  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/2034  |  | 100 | 99 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.850%, 02/08/2027  |  | 100 | 101 |
| &nbsp;&nbsp;&nbsp;Toyota Motor Credit MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.800%, 01/05/2034  |  | 200 | 199 |
|  |  |  | 2532 |
| **Consumer Staples — 1.6%** | **Consumer Staples — 1.6%** | **Consumer Staples — 1.6%** |  |
| &nbsp;&nbsp;&nbsp;Altria Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 02/04/2028  |  | 100 | 101 |
| &nbsp;&nbsp;&nbsp;Anheuser-Busch InBev Worldwide  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 06/01/2030  |  | 250 | 240 |
| &nbsp;&nbsp;&nbsp;BAT Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.079%, 08/02/2043  |  | 300 | 322 |
| &nbsp;&nbsp;&nbsp;Campbell Soup  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 03/23/2035  |  | 40 | 38 |
| &nbsp;&nbsp;&nbsp;Coca-Cola  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 05/05/2041  |  | 100 | 74 |
| &nbsp;&nbsp;&nbsp;Constellation Brands  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.800%, 01/15/2029  |  | 250 | 252 |
| &nbsp;&nbsp;&nbsp;General Mills  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.700%, 01/30/2027  |  | 250 | 251 |
| &nbsp;&nbsp;&nbsp;JBS USA Holding Lux Sarl  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 12/01/2052  |  | 250 | 257 |
| &nbsp;&nbsp;&nbsp;Keurig Dr Pepper  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.600%, 05/15/2030  |  | 100 | 100 |
| &nbsp;&nbsp;&nbsp;Kraft Heinz Foods  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.200%, 03/15/2032  |  | 100 | 102 |
| &nbsp;&nbsp;&nbsp;Kroger  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 09/15/2034  |  | 125 | 123 |
| &nbsp;&nbsp;&nbsp;PepsiCo  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 07/17/2054  |  | 100 | 96 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 07/17/2029  |  | 100 | 102 |
| &nbsp;&nbsp;&nbsp;Pepsico Singapore Financing I Pte  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.550%, 02/16/2029  |  | 150 | 152 |
| &nbsp;&nbsp;&nbsp;Philip Morris International  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 02/15/2030  |  | 250 | 256 |
| &nbsp;&nbsp;&nbsp;Procter & Gamble  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.350%, 01/29/2029  |  | 150 | 153 |
| &nbsp;&nbsp;&nbsp;Walmart  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 04/15/2053  |  | 200 | 174 |
|  |  |  | 2793 |
| **Energy — 1.6%** | **Energy — 1.6%** | **Energy — 1.6%** |  |
| &nbsp;&nbsp;&nbsp;BP Capital Markets America  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.989%, 04/10/2034  |  | 250 | 246 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Canadian Natural Resources  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.950%, 07/15/2030  | $| 75 | $68 |
| &nbsp;&nbsp;&nbsp;ConocoPhillips  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/15/2035  |  | 100 | 98 |
| &nbsp;&nbsp;&nbsp;Diamondback Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.400%, 04/18/2034  |  | 100 | 98 |
| &nbsp;&nbsp;&nbsp;Enbridge  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.700%, 11/15/2053  |  | 250 | 263 |
| &nbsp;&nbsp;&nbsp;Energy Transfer  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.950%, 05/15/2054  |  | 250 | 227 |
| &nbsp;&nbsp;&nbsp;Enterprise Products Operating  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 02/15/2035  |  | 100 | 98 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.850%, 01/31/2034  |  | 200 | 196 |
| &nbsp;&nbsp;&nbsp;Exxon Mobil  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.227%, 03/19/2040  |  | 200 | 177 |
| &nbsp;&nbsp;&nbsp;Kinder Morgan  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/01/2029  |  | 200 | 202 |
| &nbsp;&nbsp;&nbsp;MPLX  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 06/01/2034  |  | 85 | 84 |
| &nbsp;&nbsp;&nbsp;Occidental Petroleum  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.550%, 10/01/2034  |  | 100 | 93 |
| &nbsp;&nbsp;&nbsp;ONEOK  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625%, 09/01/2053  |  | 250 | 249 |
| &nbsp;&nbsp;&nbsp;Phillips 66  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.300%, 06/30/2033  |  | 125 | 124 |
| &nbsp;&nbsp;&nbsp;Shell Finance US  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 05/11/2035  |  | 100 | 93 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 04/06/2050  |  | 250 | 168 |
| &nbsp;&nbsp;&nbsp;Williams  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.900%, 03/15/2029  |  | 250 | 253 |
|  |  |  | 2737 |
| **Financials — 8.5%** | **Financials — 8.5%** | **Financials — 8.5%** |  |
| &nbsp;&nbsp;&nbsp;Ally Financial  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.543%, SOFRINDX + 1.730%, 01/17/2031 (A) |  | 55 | 54 |
| &nbsp;&nbsp;&nbsp;American Express  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.284%, SOFRRATE + 1.420%, 07/26/2035 (A) |  | 200 | 199 |
| &nbsp;&nbsp;&nbsp;Aon North America  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.150%, 03/01/2029  |  | 100 | 102 |
| &nbsp;&nbsp;&nbsp;Ares Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 03/01/2029  |  | 200 | 201 |
| &nbsp;&nbsp;&nbsp;Arthur J Gallagher  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.150%, 02/15/2035  |  | 75 | 74 |
| &nbsp;&nbsp;&nbsp;Asian Development Bank MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 08/25/2028  |  | 200 | 205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 01/12/2027  |  | 250 | 252 |
| &nbsp;&nbsp;&nbsp;Banco Santander  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.527%, H15T1Y + 1.650%, 11/07/2027 (A) |  | 200 | 206 |

---

Adviser Managed Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

April 30, 2025

**Core Fixed Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Bank of America  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.744%, SOFRRATE + 1.697%, 02/12/2036 (A) | $270 | $269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.288%, SOFRRATE + 1.910%, 04/25/2034 (A) | 200 | 201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.202%, SOFRRATE + 1.630%, 04/25/2029 (A) | 250 | 255 |
| &nbsp;&nbsp;&nbsp;Bank of America MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.676%, SOFRRATE + 1.930%, 06/19/2041 (A) | 150 | 106 |
| &nbsp;&nbsp;&nbsp;Bank of New York Mellon MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.890%, SOFRRATE + 0.840%, 07/21/2028 (A) | 100 | 101 |
| &nbsp;&nbsp;&nbsp;Bank of Nova Scotia  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.932%, SOFRRATE + 0.890%, 02/14/2029 (A) | 200 | 202 |
| &nbsp;&nbsp;&nbsp;Barclays  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.224%, SOFRRATE + 2.980%, 05/09/2034 (A) | 250 | 261 |
| &nbsp;&nbsp;&nbsp;Berkshire Hathaway Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 03/15/2032  | 100 | 92 |
| &nbsp;&nbsp;&nbsp;Blackstone Private Credit Fund  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 11/22/2034 (B) | 50 | 48 |
| &nbsp;&nbsp;&nbsp;Canadian Imperial Bank of Commerce  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.260%, 04/08/2029  | 65 | 67 |
| &nbsp;&nbsp;&nbsp;Capital One Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.624%, SOFRRATE + 3.070%, 10/30/2031 (A) | 250 | 278 |
| &nbsp;&nbsp;&nbsp;Charles Schwab  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.853%, SOFRRATE + 2.500%, 05/19/2034 (A) | 200 | 209 |
| &nbsp;&nbsp;&nbsp;Chubb INA Holdings MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 03/15/2034  | 65 | 65 |
| &nbsp;&nbsp;&nbsp;Citibank  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.488%, 12/04/2026  | 250 | 255 |
| &nbsp;&nbsp;&nbsp;Citigroup  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.174%, SOFRRATE + 2.661%, 05/25/2034 (A) | 100 | 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.592%, H15T5Y + 1.280%, 11/19/2034 (A) | 200 | 201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.904%, SOFRRATE + 1.379%, 11/03/2042 (A) | 100 | 69 |
| &nbsp;&nbsp;&nbsp;Deutsche Bank NY  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.819%, SOFRRATE + 2.510%, 11/20/2029 (A) | 200 | 213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.706%, SOFRRATE + 1.594%, 02/08/2028 (A) | 150 | 152 |
| &nbsp;&nbsp;&nbsp;European Investment Bank  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 02/15/2029  | 250 | 253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 02/14/2033  | 200 | 196 |
| &nbsp;&nbsp;&nbsp;Fiserv  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.150%, 08/12/2034  | 100 | 98 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Goldman Sachs Bank USA NY  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.414%, SOFRRATE + 0.750%, 05/21/2027 (A) | $65 | $66 |
| &nbsp;&nbsp;&nbsp;Goldman Sachs Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.561%, SOFRRATE + 1.950%, 10/24/2034 (A) | 100 | 109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.484%, SOFRRATE + 1.770%, 10/24/2029 (A) | 250 | 265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.561%, SOFRRATE + 1.580%, 11/19/2045 (A) | 50 | 48 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.536%, SOFRRATE + 1.380%, 01/28/2036 (A) | 25 | 25 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.016%, SOFRRATE + 1.420%, 10/23/2035 (A) | 80 | 78 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.436%, SOFRRATE + 1.632%, 02/24/2043 (A) | 150 | 112 |
| &nbsp;&nbsp;&nbsp;HSBC Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.547%, SOFRRATE + 2.980%, 06/20/2034 (A) | 200 | 209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.887%, SOFRRATE + 1.570%, 08/14/2027 (A) | 250 | 254 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.546%, SOFRRATE + 1.460%, 03/04/2030 (A) | 50 | 51 |
| &nbsp;&nbsp;&nbsp;Inter-American Development Bank  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 07/17/2034  | 100 | 101 |
| &nbsp;&nbsp;&nbsp;Inter-American Development Bank MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 05/15/2026  | 250 | 252 |
| &nbsp;&nbsp;&nbsp;Intercontinental Exchange  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 06/15/2031  | 30 | 31 |
| &nbsp;&nbsp;&nbsp;International Bank for Reconstruction & Development  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 11/14/2033  | 100 | 104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 01/15/2032  | 80 | 83 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/10/2031  | 200 | 201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 07/12/2028  | 250 | 249 |
| &nbsp;&nbsp;&nbsp;International Finance MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 07/02/2029  | 160 | 163 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.534%, SOFRRATE + 1.550%, 11/29/2045 (A) | 35 | 34 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.502%, SOFRRATE + 1.315%, 01/24/2036 (A) | 35 | 36 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.336%, SOFRRATE + 1.620%, 01/23/2035 (A) | 100 | 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.040%, SOFRRATE + 1.190%, 01/23/2028 (A) | 250 | 252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.012%, SOFRRATE + 1.310%, 01/23/2030 (A) | 250 | 254 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.979%, SOFRRATE + 0.930%, 07/22/2028 (A) | 100 | 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.603%, SOFRRATE + 1.040%, 10/22/2030 (A) | 75 | 75 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.109%, TSFR3M + 2.460%, 04/22/2041 (A) | 150 | 114 |

---

Adviser Managed Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;KeyCorp  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.401%, SOFRINDX + 2.420%, 03/06/2035 (A) | $100 | $105 |
| &nbsp;&nbsp;&nbsp;Korea Development Bank  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 02/15/2029  | 200 | 202 |
| &nbsp;&nbsp;&nbsp;Kreditanstalt fuer Wiederaufbau  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 07/15/2033  | 150 | 149 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/15/2029  | 250 | 253 |
| &nbsp;&nbsp;&nbsp;Lloyds Banking Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.462%, H15T1Y + 1.375%, 01/05/2028 (A) | 200 | 203 |
| &nbsp;&nbsp;&nbsp;Marsh & McLennan  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.700%, 09/15/2053  | 250 | 248 |
| &nbsp;&nbsp;&nbsp;Mastercard  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 05/09/2034  | 100 | 100 |
| &nbsp;&nbsp;&nbsp;MetLife  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 07/15/2033  | 250 | 258 |
| &nbsp;&nbsp;&nbsp;Mitsubishi UFJ Financial Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.441%, H15T1Y + 1.630%, 02/22/2034 (A) | 200 | 204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.422%, H15T1Y + 1.380%, 02/22/2029 (A) | 200 | 205 |
| &nbsp;&nbsp;&nbsp;Mizuho Financial Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.778%, H15T1Y + 1.650%, 07/06/2029 (A) | 200 | 207 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.173%, SOFRRATE + 1.450%, 01/16/2030 (A) | 250 | 255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.042%, SOFRRATE + 1.215%, 07/19/2030 (A) | 100 | 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.654%, SOFRRATE + 1.100%, 10/18/2030 (A) | 200 | 199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.217%, SOFRRATE + 1.485%, 04/22/2042 (A) | 150 | 111 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley MTN MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.942%, H15T5Y + 1.800%, 02/07/2039 (A) | 100 | 101 |
| &nbsp;&nbsp;&nbsp;Nasdaq  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.950%, 08/15/2053  | 100 | 101 |
| &nbsp;&nbsp;&nbsp;NatWest Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.964%, H15T1Y + 1.220%, 08/15/2030 (A) | 200 | 201 |
| &nbsp;&nbsp;&nbsp;Nomura Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.070%, 07/12/2028  | 200 | 208 |
| &nbsp;&nbsp;&nbsp;Oesterreichische Kontrollbank  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/23/2026  | 200 | 203 |
| &nbsp;&nbsp;&nbsp;PNC Financial Services Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.615%, SOFRINDX + 1.730%, 10/20/2027 (A) | 250 | 257 |
| &nbsp;&nbsp;&nbsp;Prudential Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.200%, 03/14/2035  | 45 | 45 |
| &nbsp;&nbsp;&nbsp;Royal Bank of Canada MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 01/19/2027  | 200 | 202 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;S&P Global  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.900%, 03/01/2062  | $| 150 | $110 |
| &nbsp;&nbsp;&nbsp;Santander UK Group Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.694%, SOFRINDX + 1.524%, 04/15/2031 (A) |  | 100 | 102 |
| &nbsp;&nbsp;&nbsp;Sumitomo Mitsui Financial Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.836%, 07/09/2044  |  | 100 | 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.050%, 01/14/2042  |  | 200 | 147 |
| &nbsp;&nbsp;&nbsp;Toronto-Dominion Bank MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.523%, 07/17/2028  |  | 200 | 207 |
| &nbsp;&nbsp;&nbsp;Truist Financial MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.047%, SOFRRATE + 2.050%, 06/08/2027 (A) |  | 200 | 203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.153%, SOFRRATE + 1.571%, 08/05/2032 (A) |  | 100 | 101 |
| &nbsp;&nbsp;&nbsp;US Bancorp  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.775%, SOFRRATE + 2.020%, 06/12/2029 (A) |  | 250 | 259 |
| &nbsp;&nbsp;&nbsp;Wells Fargo  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.244%, SOFRRATE + 1.110%, 01/24/2031 (A) |  | 185 | 189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.068%, SOFRRATE + 2.530%, 04/30/2041 (A) |  | 150 | 110 |
| &nbsp;&nbsp;&nbsp;Wells Fargo MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.198%, SOFRRATE + 1.500%, 01/23/2030 (A) |  | 250 | 255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.611%, SOFRRATE + 2.130%, 04/25/2053 (A) |  | 100 | 83 |
| &nbsp;&nbsp;&nbsp;Westpac Banking  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.535%, 11/17/2028  |  | 250 | 262 |
|  |  |  | 14601 |
| **Health Care — 2.6%** | **Health Care — 2.6%** | **Health Care — 2.6%** |  |
| &nbsp;&nbsp;&nbsp;AbbVie  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.050%, 03/15/2034  |  | 50 | 50 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.050%, 11/21/2039  |  | 250 | 217 |
| &nbsp;&nbsp;&nbsp;Amgen  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.600%, 03/02/2043  |  | 100 | 97 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.150%, 03/02/2028  |  | 250 | 256 |
| &nbsp;&nbsp;&nbsp;Astrazeneca Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/26/2034  |  | 35 | 35 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.850%, 02/26/2029  |  | 65 | 67 |
| &nbsp;&nbsp;&nbsp;Becton Dickinson  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.110%, 02/08/2034  |  | 100 | 100 |
| &nbsp;&nbsp;&nbsp;Bristol-Myers Squibb  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.400%, 11/15/2063  |  | 125 | 133 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.200%, 02/22/2034  |  | 20 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.550%, 03/15/2042  |  | 250 | 195 |
| &nbsp;&nbsp;&nbsp;Cardinal Health  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.350%, 11/15/2034  |  | 50 | 50 |
| &nbsp;&nbsp;&nbsp;Centene  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 03/01/2031  |  | 125 | 106 |

---

Adviser Managed Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

April 30, 2025

**Core Fixed Income Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Cigna Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.600%, 02/15/2054  | $| 20 | $19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 02/15/2034  |  | 50 | 50 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/2029  |  | 150 | 153 |
| &nbsp;&nbsp;&nbsp;CVS Health  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 02/21/2053  |  | 100 | 91 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.300%, 06/01/2033  |  | 250 | 248 |
| &nbsp;&nbsp;&nbsp;Elevance Health  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 02/15/2053  |  | 200 | 176 |
| &nbsp;&nbsp;&nbsp;Eli Lilly  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.100%, 02/12/2035  |  | 100 | 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 02/27/2063  |  | 100 | 90 |
| &nbsp;&nbsp;&nbsp;Gilead Sciences  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.100%, 06/15/2035  |  | 35 | 35 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.600%, 10/01/2040  |  | 100 | 71 |
| &nbsp;&nbsp;&nbsp;HCA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 03/15/2042  |  | 250 | 203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 03/15/2032  |  | 250 | 227 |
| &nbsp;&nbsp;&nbsp;Humana  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 05/01/2055  |  | 100 | 95 |
| &nbsp;&nbsp;&nbsp;Johnson & Johnson  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.900%, 06/01/2031  |  | 65 | 68 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.100%, 09/01/2040  |  | 100 | 68 |
| &nbsp;&nbsp;&nbsp;Merck  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.350%, 06/24/2040  |  | 250 | 174 |
| &nbsp;&nbsp;&nbsp;Novartis Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.800%, 09/18/2029  |  | 45 | 45 |
| &nbsp;&nbsp;&nbsp;Pfizer Investment Enterprises Pte  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.300%, 05/19/2053  |  | 150 | 139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.450%, 05/19/2026  |  | 250 | 250 |
| &nbsp;&nbsp;&nbsp;Solventum  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.600%, 03/23/2034  |  | 100 | 101 |
| &nbsp;&nbsp;&nbsp;Stryker  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.700%, 02/10/2028  |  | 30 | 30 |
| &nbsp;&nbsp;&nbsp;Takeda Pharmaceutical  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.300%, 07/05/2034  |  | 100 | 101 |
| &nbsp;&nbsp;&nbsp;Thermo Fisher Scientific  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 10/15/2031  |  | 100 | 86 |
| &nbsp;&nbsp;&nbsp;UnitedHealth Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.050%, 04/15/2053  |  | 200 | 177 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 04/15/2033  |  | 200 | 193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 01/15/2029  |  | 200 | 200 |
|  |  |  | 4518 |
| **Industrials — 2.0%** | **Industrials — 2.0%** | **Industrials — 2.0%** |  |
| &nbsp;&nbsp;&nbsp;3M  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.800%, 03/15/2030  |  | 100 | 101 |
| &nbsp;&nbsp;&nbsp;AerCap Ireland Capital DAC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.300%, 01/19/2034  |  | 150 | 148 |
| &nbsp;&nbsp;&nbsp;Boeing  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.705%, 05/01/2040  |  | 300 | 291 |
| &nbsp;&nbsp;&nbsp;Burlington Northern Santa Fe  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 03/15/2055  |  | 105 | 103 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Canadian National Railway  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 09/18/2034  | $| 20 | $19 |
| &nbsp;&nbsp;&nbsp;Canadian Pacific Railway  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.800%, 03/30/2030  |  | 65 | 66 |
| &nbsp;&nbsp;&nbsp;Carrier Global  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.377%, 04/05/2040  |  | 300 | 234 |
| &nbsp;&nbsp;&nbsp;Caterpillar Financial Services  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 01/08/2027  |  | 250 | 252 |
| &nbsp;&nbsp;&nbsp;CSX  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.900%, 03/15/2055  |  | 65 | 58 |
| &nbsp;&nbsp;&nbsp;Delta Air Lines  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 10/28/2029  |  | 100 | 93 |
| &nbsp;&nbsp;&nbsp;Honeywell International  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 03/01/2054  |  | 100 | 94 |
| &nbsp;&nbsp;&nbsp;John Deere Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 01/08/2027  |  | 250 | 252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 01/16/2029  |  | 250 | 253 |
| &nbsp;&nbsp;&nbsp;Leidos  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.400%, 03/15/2032  |  | 15 | 15 |
| &nbsp;&nbsp;&nbsp;Lockheed Martin  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.200%, 02/15/2064  |  | 100 | 91 |
| &nbsp;&nbsp;&nbsp;MasTec  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.900%, 06/15/2029  |  | 50 | 51 |
| &nbsp;&nbsp;&nbsp;PACCAR Financial  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.450%, 08/06/2027  |  | 100 | 101 |
| &nbsp;&nbsp;&nbsp;Regal Rexnord  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.050%, 04/15/2028  |  | 250 | 257 |
| &nbsp;&nbsp;&nbsp;RTX  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.400%, 03/15/2054  |  | 250 | 268 |
| &nbsp;&nbsp;&nbsp;Union Pacific  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 05/15/2053  |  | 200 | 181 |
| &nbsp;&nbsp;&nbsp;United Airlines Pass Through Trust, Ser 2023-1, Cl A  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.800%, 01/15/2036  |  | 191 | 190 |
| &nbsp;&nbsp;&nbsp;United Parcel Service  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.050%, 03/03/2053  |  | 200 | 179 |
| &nbsp;&nbsp;&nbsp;Waste Management  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.650%, 03/15/2030  |  | 100 | 102 |
|  |  |  | 3399 |
| **Information Technology — 2.0%** | **Information Technology — 2.0%** | **Information Technology — 2.0%** |  |
| &nbsp;&nbsp;&nbsp;Apple  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.300%, 05/10/2033  |  | 200 | 200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 05/10/2028  |  | 250 | 252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.375%, 02/08/2041  |  | 150 | 104 |
| &nbsp;&nbsp;&nbsp;Broadcom  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.050%, 07/12/2029  |  | 100 | 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.150%, 04/15/2032 (B) |  | 200 | 190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 02/15/2041 (B) |  | 250 | 194 |
| &nbsp;&nbsp;&nbsp;Cisco Systems  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.300%, 02/26/2054  |  | 100 | 95 |
| &nbsp;&nbsp;&nbsp;Dell International  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.300%, 04/01/2032  |  | 100 | 100 |

---

Adviser Managed Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Hewlett Packard Enterprise  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.550%, 10/15/2029  | $| 100 | $99 |
| &nbsp;&nbsp;&nbsp;Intel  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 02/10/2043  |  | 100 | 92 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 02/10/2030  |  | 250 | 253 |
| &nbsp;&nbsp;&nbsp;International Business Machines  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.100%, 02/06/2053  |  | 200 | 180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 02/06/2028  |  | 250 | 253 |
| &nbsp;&nbsp;&nbsp;Micron Technology  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.300%, 01/15/2031  |  | 250 | 251 |
| &nbsp;&nbsp;&nbsp;Microsoft  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.100%, 02/06/2037  |  | 100 | 95 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.921%, 03/17/2052  |  | 200 | 133 |
| &nbsp;&nbsp;&nbsp;Oracle  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.700%, 09/27/2034  |  | 50 | 48 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 05/06/2028  |  | 250 | 251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.600%, 04/01/2040  |  | 250 | 195 |
| &nbsp;&nbsp;&nbsp;QUALCOMM  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.650%, 05/20/2035  |  | 100 | 98 |
| &nbsp;&nbsp;&nbsp;Texas Instruments  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.050%, 05/18/2063  |  | 150 | 134 |
| &nbsp;&nbsp;&nbsp;Visa  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.150%, 12/14/2035  |  | 125 | 119 |
|  |  |  | 3438 |
| **Materials — 0.5%** | **Materials — 0.5%** | **Materials — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;BHP Billiton Finance USA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 09/08/2033  |  | 150 | 152 |
| &nbsp;&nbsp;&nbsp;Dow Chemical  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.350%, 03/15/2035  |  | 100 | 97 |
| &nbsp;&nbsp;&nbsp;LYB International Finance III  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.200%, 05/01/2050  |  | 75 | 54 |
| &nbsp;&nbsp;&nbsp;Newmont  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 11/15/2041  |  | 250 | 249 |
| &nbsp;&nbsp;&nbsp;Nutrien  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.200%, 06/21/2027  |  | 100 | 101 |
| &nbsp;&nbsp;&nbsp;Rio Tinto Finance USA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 03/09/2053  |  | 150 | 136 |
| &nbsp;&nbsp;&nbsp;Smurfit Kappa Treasury ULC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.777%, 04/03/2054 (B) |  | 75 | 72 |
|  |  |  | 861 |
| **Real Estate — 0.7%** | **Real Estate — 0.7%** | **Real Estate — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;Alexandria Real Estate Equities  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 05/15/2054  |  | 100 | 92 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 05/15/2036  |  | 45 | 43 |
| &nbsp;&nbsp;&nbsp;American Tower  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.450%, 02/15/2034  |  | 100 | 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.200%, 02/15/2029  |  | 100 | 102 |
| &nbsp;&nbsp;&nbsp;Crown Castle  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.900%, 09/01/2029  |  | 100 | 100 |
| &nbsp;&nbsp;&nbsp;Equinix Europe 2 Financing  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 06/15/2034  |  | 55 | 56 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Host Hotels & Resorts  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 04/15/2035  | $| 100 | $97 |
| &nbsp;&nbsp;&nbsp;Prologis  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 06/15/2053  |  | 100 | 93 |
| &nbsp;&nbsp;&nbsp;Realty Income  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 02/15/2029  |  | 250 | 252 |
| &nbsp;&nbsp;&nbsp;Simon Property Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 09/26/2034  |  | 40 | 38 |
| &nbsp;&nbsp;&nbsp;Sun Communities Operating  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 01/15/2029  |  | 250 | 257 |
|  |  |  | 1232 |
| **Utilities — 2.3%** | **Utilities — 2.3%** | **Utilities — 2.3%** |  |
| &nbsp;&nbsp;&nbsp;AEP Transmission  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.400%, 03/15/2053  |  | 150 | 141 |
| &nbsp;&nbsp;&nbsp;CenterPoint Energy Resources  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.400%, 07/01/2034  |  | 50 | 51 |
| &nbsp;&nbsp;&nbsp;Consolidated Edison of New York  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.950%, 04/01/2050  |  | 150 | 115 |
| &nbsp;&nbsp;&nbsp;Consumers Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.700%, 01/15/2030  |  | 60 | 61 |
| &nbsp;&nbsp;&nbsp;DTE Electric  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.850%, 12/01/2026  |  | 50 | 51 |
| &nbsp;&nbsp;&nbsp;Duke Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.850%, 01/05/2027  |  | 200 | 202 |
| &nbsp;&nbsp;&nbsp;Duke Energy Carolinas  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.400%, 01/15/2054  |  | 150 | 143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.850%, 01/15/2034  |  | 200 | 198 |
| &nbsp;&nbsp;&nbsp;Entergy Louisiana  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.150%, 09/15/2034  |  | 125 | 125 |
| &nbsp;&nbsp;&nbsp;Eversource Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.450%, 03/01/2028  |  | 250 | 256 |
| &nbsp;&nbsp;&nbsp;Exelon  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.150%, 03/15/2028  |  | 250 | 255 |
| &nbsp;&nbsp;&nbsp;Georgia Power  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 05/17/2033  |  | 250 | 249 |
| &nbsp;&nbsp;&nbsp;National Rural Utilities Cooperative Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 02/07/2028  |  | 15 | 15 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.120%, 09/16/2027  |  | 60 | 60 |
| &nbsp;&nbsp;&nbsp;NextEra Energy Capital Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 02/28/2053  |  | 150 | 134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.900%, 02/28/2028  |  | 250 | 254 |
| &nbsp;&nbsp;&nbsp;NiSource  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.350%, 04/01/2034  |  | 100 | 101 |
| &nbsp;&nbsp;&nbsp;Oncor Electric Delivery  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.800%, 04/01/2055 (B) |  | 125 | 123 |
| &nbsp;&nbsp;&nbsp;Pacific Gas and Electric  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 01/15/2053  |  | 150 | 151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.400%, 06/15/2033  |  | 150 | 155 |
| &nbsp;&nbsp;&nbsp;PacifiCorp  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.800%, 01/15/2055  |  | 225 | 214 |
| &nbsp;&nbsp;&nbsp;Public Service Electric and Gas  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.300%, 08/01/2054  |  | 100 | 95 |

---

Adviser Managed Trust

**SCHEDULE OF INVESTMENTS (Unaudited)** 

April 30, 2025

**Core Fixed Income Fund** (Continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Public Service of Colorado  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.350%, 05/15/2034  | $| 100 | $| 101 |
| &nbsp;&nbsp;&nbsp;San Diego Gas & Electric  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.350%, 04/01/2053  |  | 100 |  | 92 |
| &nbsp;&nbsp;&nbsp;Southern California Edison  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 12/01/2053  |  | 150 |  | 138 |
| &nbsp;&nbsp;&nbsp;Union Electric  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 01/15/2054  |  | 150 |  | 138 |
| &nbsp;&nbsp;&nbsp;Virginia Electric and Power  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.350%, 01/15/2054  |  | 150 |  | 137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.150%, 03/15/2035  |  | 100 |  | 99 |
|  |  |  |  | 3854 |
| Total Corporate Obligations |  |  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $43,355) ($ Thousands) |  |  |  | 42901 |
| **SOVEREIGN DEBT — 1.8%** | **SOVEREIGN DEBT — 1.8%** | **SOVEREIGN DEBT — 1.8%** | **SOVEREIGN DEBT — 1.8%** | **SOVEREIGN DEBT — 1.8%** |
| &nbsp;&nbsp;&nbsp;Canada Government International Bond |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 04/26/2028 |  | 250 |  | 251 |
| &nbsp;&nbsp;&nbsp;Chile Government International Bond |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.850%, 01/22/2029 |  | 200 |  | 203 |
| &nbsp;&nbsp;&nbsp;Export Development Canada |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 02/13/2029 |  | 90 |  | 91 |
| &nbsp;&nbsp;&nbsp;Indonesia Government International Bond |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.100%, 02/10/2054 |  | 200 |  | 182 |
| &nbsp;&nbsp;&nbsp;Japan Bank for International Cooperation |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 01/24/2031 |  | 200 |  | 203 |
| &nbsp;&nbsp;&nbsp;Japan International Cooperation Agency |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 05/21/2029 |  | 200 |  | 206 |
| &nbsp;&nbsp;&nbsp;Mexico Government International Bond |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.400%, 05/07/2054 |  | 200 |  | 177 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 05/07/2036 |  | 200 |  | 190 |
| &nbsp;&nbsp;&nbsp;Panama Government International Bond |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.853%, 03/28/2054 |  | 200 |  | 172 |
| &nbsp;&nbsp;&nbsp;Peruvian Government International Bond |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 08/08/2054 |  | 100 |  | 95 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.300%, 03/11/2041 |  | 200 |  | 145 |
| &nbsp;&nbsp;&nbsp;Philippine Government International Bond |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/17/2033 |  | 200 |  | 200 |
| &nbsp;&nbsp;&nbsp;Province of Alberta Canada |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 01/24/2034 |  | 250 |  | 249 |
| &nbsp;&nbsp;&nbsp;Province of Ontario Canada |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.200%, 01/18/2029 |  | 250 |  | 253 |
| &nbsp;&nbsp;&nbsp;Province of Quebec Canada |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 09/08/2033 |  | 250 |  | 250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 04/13/2028 |  | 200 |  | 199 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **SOVEREIGN DEBT (continued)** | **SOVEREIGN DEBT (continued)** | **SOVEREIGN DEBT (continued)** |
| &nbsp;&nbsp;&nbsp;Republic of Poland Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 09/18/2034 | 100 | $99 |
| Total Sovereign Debt | Total Sovereign Debt |  |
| &nbsp;&nbsp;&nbsp;(Cost $3,207) ($ Thousands) | &nbsp;&nbsp;&nbsp;(Cost $3,207) ($ Thousands) | 3165 |
| **U.S. GOVERNMENT AGENCY OBLIGATIONS — 0.8%** | **U.S. GOVERNMENT AGENCY OBLIGATIONS — 0.8%** | **U.S. GOVERNMENT AGENCY OBLIGATIONS — 0.8%** |
| &nbsp;&nbsp;&nbsp;FHLB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 11/17/2026 | 250 | 254 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/10/2027 | 300 | 302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 06/30/2028 | 250 | 253 |
| &nbsp;&nbsp;&nbsp;FNMA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.875%, 08/05/2030 | 550 | 471 |
| Total U.S. Government Agency Obligations | Total U.S. Government Agency Obligations |  |
| &nbsp;&nbsp;&nbsp;(Cost $1,265) ($ Thousands) | &nbsp;&nbsp;&nbsp;(Cost $1,265) ($ Thousands) | 1280 |
| **ASSET-BACKED SECURITIES — 0.3%** | **ASSET-BACKED SECURITIES — 0.3%** | **ASSET-BACKED SECURITIES — 0.3%** |
| **Automotive — 0.2%** | **Automotive — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;Honda Auto Receivables Owner Trust, Ser 2024-3, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.570%, 03/21/2029 | 152 | 153 |
| &nbsp;&nbsp;&nbsp;Toyota Auto Receivables Owner Trust, Ser 2023-D, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.540%, 08/15/2028 | 150 | 152 |
|  |  | 305 |
| **Credit Cards — 0.1%** | **Credit Cards — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;Capital One Multi-Asset Execution Trust, Ser 2023-A1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.420%, 05/15/2028 | 150 | 150 |
| Total Asset-Backed Securities |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $453) ($ Thousands) |  | 455 |
| Total Investments in Securities — 98.8% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $169,933) ($ Thousands)  | &nbsp;&nbsp;&nbsp;(Cost $169,933) ($ Thousands)  | $169621 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $171,764 ($ Thousands). |
| (A) | Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates. |
| (B) | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On April 30, 2025, the value of these securities amounted to $627 ($ Thousands), representing 0.4% of the Net Assets of the Fund. |

---

Adviser Managed Trust

---

| |
|:---|
| Cl — Class |
| DAC — Designated Activity Company |
| FHLB — Federal Home Loan Bank |
| FHLMC — Federal Home Loan Mortgage Corporation |
| FNMA — Federal National Mortgage Association |
| GNMA — Government National Mortgage Association |
| H15T1Y — 1 Year US Treasury Yield Curve |
| H15T5Y — 5 Year US Treasury Yield Curve |
| MTN — Medium Term Note |
| Ser — Series |
| SOFRINDX — Secured Overnight Financing Index |
| SOFRRATE —Secured Overnight Financing Rate |
| S&P — Standard & Poor's |
| TBA — To Be Announced |
| TSFR3M — Term Secured Overnight Financing Rate 3 Month |
| UMBS — Uniform Mortgage Backed Securities |

---

Adviser Managed Trust

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ADVISER MANAGED TRUST

- **b. Investment Company Act file number:** 811-22480

- **c. CIK number of Registrant:** 0001502608

- **d. LEI of Registrant:** P4X0O3K3HK6467LVL237

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

  - **Street Address 1:** 1 FREEDOM VALLEY DRIVE

  - **City:** OAKS

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19456

  - **Telephone number:** 8003425734

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

- **a. Name of Series:** AMT Core Fixed Income Fund

- **b. EDGAR series identifier (if any):** S000073479

- **c. LEI of Series:** 54930064DUZ0S4A9Z166

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

- **a. Date of fiscal year-end:** 2025-07-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $176932268.31

**Total Liabilities:** $5166838.43

**Net Assets:** $171765429.88

**Cash Not Reported:** $4943485.55

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -159.35904966 | **1-Year:** -4820.91386280 | **5-Year:** -14058.09301898 | **10-Year:** -22635.70356067 | **30-Year:** -10322.01513248

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

- **3-Month:** -36.30412137 | **1-Year:** -623.92922487 | **5-Year:** -1542.16585357 | **10-Year:** -2642.81908282 | **30-Year:** -705.20209074

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000230414 | 0.30%                | 0.00%                | 2.13%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-238466.62              | $146094.06                                 |
| Month 2  | $33755.40                | $-636759.13                                |
| Month 3  | $43578.79                | $3153998.32                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| THE FEDERAL HOME LOAN BANKS                              | FEDERAL HOME LOAN BANK 4.625000% 11/17/2026                             | CUSIP: 3130AXU63<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    250000 | PA      | $253374.46    | 0.15%             | 2026-11-17      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORPORATION                           | JOHN DEERE CAPITAL CORP 4.500000% 01/16/2029                            | CUSIP: 24422EXH7<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252723.11    | 0.15%             | 2029-01-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER COMPANY                                    | GEORGIA POWER CO 4.950000% 05/17/2033                                   | CUSIP: 373334KT7<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249364.46    | 0.15%             | 2033-05-17      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corporation                  | BANK OF NEW YORK MELLON CORP/THE MTN 4.890000% 07/21/2028               | CUSIP: 06406RBX4<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101204.97    | 0.06%             | 2028-07-21      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| THE HOME DEPOT, INC.                                     | HOME DEPOT INC/THE 3.300000% 04/15/2040                                 | CUSIP: 437076CC4<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    150000 | PA      | $118460.97    | 0.07%             | 2040-04-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2               | GINNIE MAE II POOL G2 MB0146                                            | CUSIP: 3618N5EU9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    198943 | PA      | $195278.38    | 0.11%             | 2055-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                        | ENTERPRISE PRODUCTS OPERATING LLC 4.850000% 01/31/2034                  | CUSIP: 29379VCF8<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196471.30    | 0.11%             | 2034-01-31      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC COMPANY                                     | DTE ELECTRIC CO 4.850000% 12/01/2026                                    | CUSIP: 23338VAU0<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50729.75     | 0.03%             | 2026-12-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| BURLINGTON NORTHERN SANTA FE, LLC                        | BURLINGTON NORTHERN SANTA FE LLC 5.500000% 03/15/2055                   | CUSIP: 12189LBL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $103111.30    | 0.06%             | 2055-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS K508 A2         | CUSIP: 3137HAQ74<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    500000 | PA      | $509986.45    | 0.30%             | 2028-08-25      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 2.875000% 05/15/2052                                    | CUSIP: 912810TG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    200000 | PA      | $142484.38    | 0.08%             | 2052-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                                 | AMERICAN EXPRESS CO 5.284000% 07/26/2035                                | CUSIP: 025816DW6<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199409.54    | 0.12%             | 2035-07-26      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| THE BOEING COMPANY                                       | BOEING CO/THE 5.705000% 05/01/2040                                      | CUSIP: 097023CV5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    300000 | PA      | $291229.13    | 0.17%             | 2040-05-01      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                               | 3M CO 4.800000% 03/15/2030                                              | CUSIP: 88579YBQ3<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100987.34    | 0.06%             | 2030-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORPORATION                                    | STARBUCKS CORP 4.850000% 02/08/2027                                     | CUSIP: 855244BG3<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100854.57    | 0.06%             | 2027-02-08      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 3.750000% 08/31/2026                                    | CUSIP: 91282CLH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    500000 | PA      | $499785.16    | 0.29%             | 2026-08-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                          | UNITEDHEALTH GROUP INC 5.050000% 04/15/2053                             | CUSIP: 91324PEW8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176785.27    | 0.10%             | 2053-04-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC.                                    | KEURIG DR PEPPER INC 4.600000% 05/15/2030                               | CUSIP: 49271VBA7<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | NUSS              | US        |    100000 | PA      | $99994.76     | 0.06%             | 2030-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                       | ORACLE CORP 4.500000% 05/06/2028                                        | CUSIP: 68389XCM5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251330.50    | 0.15%             | 2028-05-06      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Company                                | KRAFT HEINZ FOODS CO 5.200000% 03/15/2032                               | CUSIP: 50077LBM7<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101473.36    | 0.06%             | 2032-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE OR FREDDIE MAC 15YR TBA (MAY)                                | CUSIP: 01F020455<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    500000 | PA      | $454113.88    | 0.26%             | 2040-05-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                    | WELLS FARGO & CO 3.068000% 04/30/2041                                   | CUSIP: 95000U2Q5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    150000 | PA      | $110333.83    | 0.06%             | 2041-04-30      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS K528 A2         | CUSIP: 3137HFNZ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     51370 | PA      | $52064.03     | 0.03%             | 2029-07-25      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| Regal Rexnord Corporation                                | REGAL REXNORD CORP 6.050000% 04/15/2028                                 | CUSIP: 758750AM5<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |    250000 | PA      | $256441.13    | 0.15%             | 2028-04-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BANK USA                                   | GOLDMAN SACHS BANK USA/NEW YORK NY 5.414000% 05/21/2027                 | CUSIP: 38151LAG5<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65608.92     | 0.04%             | 2027-05-21      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2               | GINNIE MAE II POOL G2 MA7987                                            | CUSIP: 36179W2U1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    804945 | PA      | $686108.80    | 0.40%             | 2052-04-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| THE CIGNA GROUP                                          | CIGNA GROUP/THE 5.000000% 05/15/2029                                    | CUSIP: 125523CT5<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152981.17    | 0.09%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| B.A.T CAPITAL CORPORATION                                | BAT CAPITAL CORP 7.079000% 08/02/2043                                   | CUSIP: 054989AC2<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $321726.80    | 0.19%             | 2043-08-02      | Fixed         | 7.08%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH, INC.                                    | ELEVANCE HEALTH INC 5.125000% 02/15/2053                                | CUSIP: 28622HAC5<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176303.51    | 0.10%             | 2053-02-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                            | GOLDMAN SACHS GROUP INC/THE 5.561000% 11/19/2045                        | CUSIP: 38141GB86<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48087.26     | 0.03%             | 2045-11-19      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORPORATION.                                | ARES CAPITAL CORP 5.875000% 03/01/2029                                  | CUSIP: 04010LBF9<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201357.59    | 0.12%             | 2029-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC POOL FR SD8408                                              | CUSIP: 3132DWKV4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    689942 | PA      | $688729.59    | 0.40%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL BUSINESS MACHINES CORPORATION              | INTERNATIONAL BUSINESS MACHINES CORP 4.500000% 02/06/2028               | CUSIP: 459200KX8<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252291.21    | 0.15%             | 2028-02-06      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VISA INC.                                                | VISA INC 4.150000% 12/14/2035                                           | CUSIP: 92826CAE2<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    125000 | PA      | $118918.31    | 0.07%             | 2035-12-14      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corporation                             | TRUIST FINANCIAL CORP MTN 6.047000% 06/08/2027                          | CUSIP: 89788MAN2<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203277.02    | 0.12%             | 2027-06-08      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| WarnerMedia Holdings, Inc.                               | WARNERMEDIA HOLDINGS INC 5.050000% 03/15/2042                           | CUSIP: 55903VBD4<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    250000 | PA      | $188440.85    | 0.11%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                          | UNITEDHEALTH GROUP INC 4.250000% 01/15/2029                             | CUSIP: 91324PEU2<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199972.19    | 0.12%             | 2029-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                          | UNITEDHEALTH GROUP INC 4.500000% 04/15/2033                             | CUSIP: 91324PEV0<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193499.82    | 0.11%             | 2033-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| THE PNC FINANCIAL SERVICES GROUP, INC.                   | PNC FINANCIAL SERVICES GROUP INC/THE 6.615000% 10/20/2027               | CUSIP: 693475BT1<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    250000 | PA      | $257482.62    | 0.15%             | 2027-10-20      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.625000% 05/31/2031                                    | CUSIP: 91282CKU4<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    500000 | PA      | $520566.41    | 0.30%             | 2031-05-31      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                  | BANK OF NOVA SCOTIA/THE 4.932000% 02/14/2029                            | CUSIP: 06418GAP2<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | NUSS              | CA        |    200000 | PA      | $202252.53    | 0.12%             | 2029-02-14      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| Republic of the Philippines                              | REPUBLIC OF PHILIPPINES 5.000000% 07/17/2033                            | CUSIP: 718286CW5<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    200000 | PA      | $199873.74    | 0.12%             | 2033-07-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA, LLC                                   | ENTERGY LOUISIANA LLC 5.150000% 09/15/2034                              | CUSIP: 29364WBP2<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125363.06    | 0.07%             | 2034-09-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                    | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 5.250000% 04/01/2053 | CUSIP: 161175CK8<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    200000 | PA      | $158089.67    | 0.09%             | 2053-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS AMERICA INC.                          | BP CAPITAL MARKETS AMERICA INC 4.989000% 04/10/2034                     | CUSIP: 10373QBW9<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    250000 | PA      | $245846.34    | 0.14%             | 2034-04-10      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE OR FREDDIE MAC 30YR TBA (MAY)                                | CUSIP: 01F060659<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    500000 | PA      | $507205.59    | 0.30%             | 2055-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KfW                                                      | KREDITANSTALT FUER WIEDERAUFBAU 4.125000% 07/15/2033                    | CUSIP: 500769JY1<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | NUSS              | DE        |    150000 | PA      | $149493.94    | 0.09%             | 2033-07-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS, INC.                                     | META PLATFORMS INC 5.400000% 08/15/2054                                 | CUSIP: 30303M8V7<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    120000 | PA      | $115464.87    | 0.07%             | 2054-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                              | BANK OF AMERICA CORP MTN 2.676000% 06/19/2041                           | CUSIP: 06051GJE0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    150000 | PA      | $106300.01    | 0.06%             | 2041-06-19      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC POOL FR SD8090                                              | CUSIP: 3132DV7B5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    470070 | PA      | $376198.12    | 0.22%             | 2050-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.125000% 11/30/2029                                    | CUSIP: 91282CMA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    500000 | PA      | $509082.03    | 0.30%             | 2029-11-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                     | JPMORGAN CHASE & CO 5.336000% 01/23/2035                                | CUSIP: 46647PEC6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100839.41    | 0.06%             | 2035-01-23      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| Japan International Cooperation Agency                   | JAPAN INT'L COOP AGENCY 4.750000% 05/21/2029                            | CUSIP: 47109LAH7<br>LEI: 254900XEIG78M2AJB031 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $205927.90    | 0.12%             | 2029-05-21      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Mizuho Financial Group, Inc.                             | MIZUHO FINANCIAL GROUP INC 5.778000% 07/06/2029                         | CUSIP: 60687YCZ0<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $207105.40    | 0.12%             | 2029-07-06      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.500000% 05/15/2027                                    | CUSIP: 91282CKR1<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    300000 | PA      | $305156.25    | 0.18%             | 2027-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES, INC.                                    | DELTA AIR LINES INC 3.750000% 10/28/2029                                | CUSIP: 247361ZT8<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92812.33     | 0.05%             | 2029-10-28      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE OR FREDDIE MAC 30YR TBA (MAY)                                | CUSIP: 01F022659<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |   1600000 | PA      | $1329873.23   | 0.77%             | 2055-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SUN COMMUNITIES OPERATING LIMITED PARTNERSHIP            | SUN COMMUNITIES OPERATING LP 5.500000% 01/15/2029                       | CUSIP: 866677AK3<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              | CORP              | US        |    250000 | PA      | $257050.53    | 0.15%             | 2029-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN MA3238                                               | CUSIP: 31418CS47<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    513159 | PA      | $470219.41    | 0.27%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                           | MORGAN STANLEY 3.217000% 04/22/2042                                     | CUSIP: 61772BAC7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    150000 | PA      | $110439.19    | 0.06%             | 2042-04-22      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP.                                    | LAS VEGAS SANDS CORP 3.500000% 08/18/2026                               | CUSIP: 517834AE7<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195553.06    | 0.11%             | 2026-08-18      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2               | GINNIE MAE II POOL G2 MA8347                                            | CUSIP: 36179XHY5<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    894240 | PA      | $861252.43    | 0.50%             | 2052-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INTER AMERICAN DEVELOPMENT BANK                          | INTER-AMERICAN DEVELOPMENT BANK MTN 4.500000% 05/15/2026                | CUSIP: 4581X0EK0<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    250000 | PA      | $251559.17    | 0.15%             | 2026-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE, INC.                              | UNITED PARCEL SERVICE INC 5.050000% 03/03/2053                          | CUSIP: 911312CA2<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    200000 | PA      | $179423.29    | 0.10%             | 2053-03-03      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP.                                   | PACCAR FINANCIAL CORP 4.450000% 08/06/2027                              | CUSIP: 69371RT30<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101103.97    | 0.06%             | 2027-08-06      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| TOYOTA AUTO RECEIVABLES OWNER TRUST                      | TOYOTA AUTO RECEIVABLES 2023-D OWNER TRUST TAOT 2023-D A3               | CUSIP: 89239FAD4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    150000 | PA      | $152101.07    | 0.09%             | 2028-08-15      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas, LLC                               | DUKE ENERGY CAROLINAS LLC 5.400000% 01/15/2054                          | CUSIP: 26442CBL7<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142957.29    | 0.08%             | 2054-01-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                            | REPUBLIC OF INDONESIA 5.100000% 02/10/2054                              | CUSIP: 455780DV5<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $182243.85    | 0.11%             | 2054-02-10      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| THE FEDERAL HOME LOAN BANKS                              | FEDERAL HOME LOAN BANK 4.000000% 03/10/2027                             | CUSIP: 3130B5K64<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    300000 | PA      | $302131.91    | 0.18%             | 2027-03-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KEYCORP                                                  | KEYCORP 6.401000% 03/06/2035                                            | CUSIP: 49326EEP4<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104752.82    | 0.06%             | 2035-03-06      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Takeda Pharmaceutical Company Limited                    | TAKEDA PHARMACEUTICAL CO LTD 5.300000% 07/05/2034                       | CUSIP: 874060BK1<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | NUSS              | JP        |    100000 | PA      | $100809.40    | 0.06%             | 2034-07-05      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 3.375000% 09/15/2027                                    | CUSIP: 91282CLL3<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    500000 | PA      | $497695.31    | 0.29%             | 2027-09-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT, INC.                                   | WASTE MANAGEMENT INC 4.650000% 03/15/2030                               | CUSIP: 94106LCC1<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101556.17    | 0.06%             | 2030-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS, INC.                                      | CISCO SYSTEMS INC 5.300000% 02/26/2054                                  | CUSIP: 17275RBU5<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95430.60     | 0.06%             | 2054-02-26      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Republica de Chile                                       | REPUBLIC OF CHILE 4.850000% 01/22/2029                                  | CUSIP: 168863EB0<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    200000 | PA      | $202439.93    | 0.12%             | 2029-01-22      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                        | JOHNSON & JOHNSON 4.900000% 06/01/2031                                  | CUSIP: 478160CV4<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     65000 | PA      | $67368.95     | 0.04%             | 2031-06-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Republica del Peru                                       | REPUBLIC OF PERU 3.300000% 03/11/2041                                   | CUSIP: 715638DS8<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    200000 | PA      | $145250.00    | 0.08%             | 2041-03-11      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG NEW YORK BRANCH                         | DEUTSCHE BANK AG/NEW YORK NY 6.819000% 11/20/2029                       | CUSIP: 251526CU1<br>LEI: N/A                  | Long             | DBT              | NUSS              | DE        |    200000 | PA      | $212495.87    | 0.12%             | 2029-11-20      | Fixed         | 6.82%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                            | ENBRIDGE INC 6.700000% 11/15/2053                                       | CUSIP: 29250NBZ7<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | NUSS              | CA        |    250000 | PA      | $262947.11    | 0.15%             | 2053-11-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.125000% 01/31/2027                                    | CUSIP: 91282CMH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   1500000 | PA      | $1511660.16   | 0.88%             | 2027-01-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN FS3744                                               | CUSIP: 3140XKES5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    923360 | PA      | $739083.27    | 0.43%             | 2051-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                        | ENTERPRISE PRODUCTS OPERATING LLC 4.950000% 02/15/2035                  | CUSIP: 29379VCG6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98073.15     | 0.06%             | 2035-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL L.L.C.                                | DELL INTERNATIONAL LLC / EMC CORP 5.300000% 04/01/2032                  | CUSIP: 24703TAN6<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100230.41    | 0.06%             | 2032-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.625000% 02/15/2055                                    | CUSIP: 912810UG1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $495546.88    | 0.29%             | 2055-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2               | GINNIE MAE II POOL G2 MA7534                                            | CUSIP: 36179WLP1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    956580 | PA      | $815371.83    | 0.47%             | 2051-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| RTX CORPORATION                                          | RTX CORP 6.400000% 03/15/2054                                           | CUSIP: 75513ECX7<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    250000 | PA      | $268406.96    | 0.16%             | 2054-03-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE OR FREDDIE MAC 30YR TBA (MAY)                                | CUSIP: 01F070658<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    250000 | PA      | $261315.90    | 0.15%             | 2055-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Estados Unidos Mexicanos                                 | UNITED MEXICAN STATES 6.400000% 05/07/2054                              | CUSIP: 91087BBA7<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    200000 | PA      | $176893.60    | 0.10%             | 2054-05-07      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                      | COMCAST CORP 5.350000% 05/15/2053                                       | CUSIP: 20030NEF4<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137603.91    | 0.08%             | 2053-05-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| SOLVENTUM CORPORATION                                    | SOLVENTUM CORP 5.600000% 03/23/2034                                     | CUSIP: 83444MAR2<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101106.60    | 0.06%             | 2034-03-23      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE CORPORATION                       | AMERICAN HONDA FINANCE CORP MTN 4.900000% 07/09/2027                    | CUSIP: 02665WFK2<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30387.86     | 0.02%             | 2027-07-09      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INCORPORATED                    | THERMO FISHER SCIENTIFIC INC 2.000000% 10/15/2031                       | CUSIP: 883556CL4<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86268.13     | 0.05%             | 2031-10-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORPORATION                              | LOCKHEED MARTIN CORP 5.200000% 02/15/2064                               | CUSIP: 539830CE7<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90757.51     | 0.05%             | 2064-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 3.500000% 02/15/2033                                    | CUSIP: 91282CGM7<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    300000 | PA      | $289839.84    | 0.17%             | 2033-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 3.000000% 08/15/2052                                    | CUSIP: 912810TJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $365546.88    | 0.21%             | 2052-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BANQUE ROYALE DU CANADA                                  | ROYAL BANK OF CANADA MTN 4.875000% 01/19/2027                           | CUSIP: 78016HZT0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | NUSS              | CA        |    200000 | PA      | $202421.97    | 0.12%             | 2027-01-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 1.375000% 08/15/2050                                    | CUSIP: 912810SP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    300000 | PA      | $149613.28    | 0.09%             | 2050-08-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Compagnie des chemins de fer nationaux du Canada         | CANADIAN NATIONAL RAILWAY CO 4.375000% 09/18/2034                       | CUSIP: 136375DR0<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | NUSS              | CA        |     20000 | PA      | $18990.18     | 0.01%             | 2034-09-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                  | EXXON MOBIL CORP 4.227000% 03/19/2040                                   | CUSIP: 30231GBF8<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176958.22    | 0.10%             | 2040-03-19      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| LA BANQUE TORONTO-DOMINION                               | TORONTO-DOMINION BANK/THE MTN 5.523000% 07/17/2028                      | CUSIP: 89115A2U5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | NUSS              | CA        |    200000 | PA      | $207337.55    | 0.12%             | 2028-07-17      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                            | GOLDMAN SACHS GROUP INC/THE 6.561000% 10/24/2034                        | CUSIP: 38141GA53<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    100000 | PA      | $108950.03    | 0.06%             | 2034-10-24      | Fixed         | 6.56%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS, INC.                               | CONSTELLATION BRANDS INC 4.800000% 01/15/2029                           | CUSIP: 21036PBQ0<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251630.87    | 0.15%             | 2029-01-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN MA4437                                               | CUSIP: 31418D4X7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |   1148678 | PA      | $912632.68    | 0.53%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY RESOURCES CORP.                       | CENTERPOINT ENERGY RESOURCES CORP 5.400000% 07/01/2034                  | CUSIP: 15189WAS9<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50492.84     | 0.03%             | 2034-07-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2               | GINNIE MAE II POOL G2 MA9667                                            | CUSIP: 36179YW42<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    386247 | PA      | $379152.49    | 0.22%             | 2054-05-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE 0.875000% 08/05/2030                                         | CUSIP: 3135G05Q2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    550000 | PA      | $471291.08    | 0.27%             | 2030-08-05      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2               | GINNIE MAE II POOL G2 MA7590                                            | CUSIP: 36179WNF1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1415632 | PA      | $1254450.27   | 0.73%             | 2051-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC.                                              | ABBVIE INC 5.050000% 03/15/2034                                         | CUSIP: 00287YDU0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50420.90     | 0.03%             | 2034-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                  | BRISTOL-MYERS SQUIBB CO 3.550000% 03/15/2042                            | CUSIP: 110122DV7<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    250000 | PA      | $194414.93    | 0.11%             | 2042-03-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                     | JPMORGAN CHASE & CO 5.040000% 01/23/2028                                | CUSIP: 46647PEA0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252416.40    | 0.15%             | 2028-01-23      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| HONDA AUTO RECEIVABLES OWNER TRUST                       | HONDA AUTO RECEIVABLES 2024-3 OWNER TRUST HAROT 2024-3 A3               | CUSIP: 43813YAC6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    152000 | PA      | $152905.07    | 0.09%             | 2029-03-21      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                           | MORGAN STANLEY 4.654000% 10/18/2030                                     | CUSIP: 61747YFU4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199361.62    | 0.12%             | 2030-10-18      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC POOL FR SD8475                                              | CUSIP: 3132DWMY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    345593 | PA      | $344985.29    | 0.20%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.125000% 07/31/2028                                    | CUSIP: 91282CHQ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    500000 | PA      | $507851.56    | 0.30%             | 2028-07-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.000000% 07/31/2029                                    | CUSIP: 91282CLC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    500000 | PA      | $506269.53    | 0.29%             | 2029-07-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC.                                            | BROADCOM INC 144A 3.500000% 02/15/2041                                  | CUSIP: 11135FBJ9<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    250000 | PA      | $193938.61    | 0.11%             | 2041-02-15      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL ONE MULTI-ASSET EXECUTION TRUST                  | CAPITAL ONE MULTI-ASSET EXECUTION TRUST COMET 2023-A1 A                 | CUSIP: 14041NGD7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    150000 | PA      | $150247.28    | 0.09%             | 2028-05-15      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| SMURFIT KAPPA TREASURY UNLIMITED COMPANY                 | SMURFIT KAPPA TREASURY ULC 144A 5.777000% 04/03/2054                    | CUSIP: 83272GAB7<br>LEI: 635400B3DOXSWFOWJT40 | Long             | DBT              | NUSS              | IE        |     75000 | PA      | $71900.10     | 0.04%             | 2054-04-03      | Fixed         | 5.78%                 | Yes           |                  2 | On Loan: No      |
| MICROSOFT CORPORATION                                    | MICROSOFT CORP 2.921000% 03/17/2052                                     | CUSIP: 594918CE2<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    200000 | PA      | $132734.22    | 0.08%             | 2052-03-17      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                    | WELLS FARGO & CO 5.244000% 01/24/2031                                   | CUSIP: 95000U3P6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    185000 | PA      | $188836.42    | 0.11%             | 2031-01-24      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE CORPORATION                       | AMERICAN HONDA FINANCE CORP MTN 4.450000% 10/22/2027                    | CUSIP: 02665WFT3<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100378.46    | 0.06%             | 2027-10-22      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                              | BANK OF AMERICA CORP 5.744000% 02/12/2036                               | CUSIP: 06051GMQ9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    270000 | PA      | $268771.61    | 0.16%             | 2036-02-12      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| Eversource Energy                                        | EVERSOURCE ENERGY 5.450000% 03/01/2028                                  | CUSIP: 30040WAT5<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    250000 | PA      | $256143.07    | 0.15%             | 2028-03-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66 COMPANY                                      | PHILLIPS 66 CO 5.300000% 06/30/2033                                     | CUSIP: 718547AR3<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    125000 | PA      | $123714.55    | 0.07%             | 2033-06-30      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN MA4413                                               | CUSIP: 31418D3X8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |   2781765 | PA      | $2212694.40   | 1.29%             | 2051-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| KfW                                                      | KREDITANSTALT FUER WIEDERAUFBAU 4.000000% 03/15/2029                    | CUSIP: 500769KC7<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | NUSS              | DE        |    250000 | PA      | $252850.04    | 0.15%             | 2029-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS K-158 A2        | CUSIP: 3137HAGS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    350000 | PA      | $339629.99    | 0.20%             | 2033-07-25      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Province of Ontario, Canada                              | ONTARIO (PROVINCE OF) 4.200000% 01/18/2029                              | CUSIP: 683234DQ8<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    250000 | PA      | $252820.30    | 0.15%             | 2029-01-18      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN FS3972                                               | CUSIP: 3140XKMW7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    663366 | PA      | $587623.07    | 0.34%             | 2051-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC POOL FR SD8266                                              | CUSIP: 3132DWFF5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |   1848565 | PA      | $1771240.80   | 1.03%             | 2052-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                        | HSBC HOLDINGS PLC 5.546000% 03/04/2030                                  | CUSIP: 404280ED7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | NUSS              | GB        |     50000 | PA      | $51253.86     | 0.03%             | 2030-03-04      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC.                                            | BROADCOM INC 144A 4.150000% 04/15/2032                                  | CUSIP: 11135FBT7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190216.90    | 0.11%             | 2032-04-15      | Fixed         | 4.15%                 | Yes           |                  2 | On Loan: No      |
| NISOURCE INC.                                            | NISOURCE INC 5.350000% 04/01/2034                                       | CUSIP: 65473PAQ8<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100660.11    | 0.06%             | 2034-04-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| PROLOGIS, L.P.                                           | PROLOGIS LP 5.250000% 06/15/2053                                        | CUSIP: 74340XCF6<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92676.94     | 0.05%             | 2053-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST                    | WELLS FARGO COMMERCIAL MORTGAGE TRUST 2022-C62 WFCM 2022-C62 A4         | CUSIP: 95003MBS6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    350000 | PA      | $330122.59    | 0.19%             | 2055-04-15      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| CSX Corporation                                          | CSX CORP 4.900000% 03/15/2055                                           | CUSIP: 126408HY2<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     65000 | PA      | $57836.46     | 0.03%             | 2055-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN MA4623                                               | CUSIP: 31418ED56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |   2805234 | PA      | $2334000.91   | 1.36%             | 2052-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INCORPORATED.                                 | MASTERCARD INC 4.875000% 05/09/2034                                     | CUSIP: 57636QAZ7<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100558.35    | 0.06%             | 2034-05-09      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                    | WELLS FARGO & CO MTN 5.198000% 01/23/2030                               | CUSIP: 95000U3J0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255009.65    | 0.15%             | 2030-01-23      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| WALMART INC.                                             | WALMART INC 4.500000% 04/15/2053                                        | CUSIP: 931142FE8<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    200000 | PA      | $174302.36    | 0.10%             | 2053-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                        | HSBC HOLDINGS PLC 5.887000% 08/14/2027                                  | CUSIP: 404280DZ9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | NUSS              | GB        |    250000 | PA      | $253929.55    | 0.15%             | 2027-08-14      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                     | JPMORGAN CHASE & CO 4.603000% 10/22/2030                                | CUSIP: 46647PEQ5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74949.25     | 0.04%             | 2030-10-22      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS, INC.                                     | META PLATFORMS INC 4.300000% 08/15/2029                                 | CUSIP: 30303M8S4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30276.15     | 0.02%             | 2029-08-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES, INC.                                    | UNITED AIRLINES 2023-1 CLASS A PASS THROUGH TRUST 5.800000% 01/15/2036  | CUSIP: 90932LAJ6<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    191063 | PA      | $190194.82    | 0.11%             | 2036-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                        | JOHNSON & JOHNSON 2.100000% 09/01/2040                                  | CUSIP: 478160CR3<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    100000 | PA      | $68348.18     | 0.04%             | 2040-09-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORPORATION                               | AMERICAN TOWER CORP 5.200000% 02/15/2029                                | CUSIP: 03027XCG3<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102269.66    | 0.06%             | 2029-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.000000% 01/31/2031                                    | CUSIP: 91282CJX0<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   4950000 | PA      | $4994666.03   | 2.91%             | 2031-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                            | FORD MOTOR CREDIT CO LLC 6.050000% 03/05/2031                           | CUSIP: 345397E25<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    250000 | PA      | $244206.79    | 0.14%             | 2031-03-05      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| COMPAGNIE DE CHEMIN DE FER CANADIEN PACIFIQUE            | CANADIAN PACIFIC RAILWAY CO 4.800000% 03/30/2030                        | CUSIP: 13645RBJ2<br>LEI: 54930036474DURYNB481 | Long             | DBT              | NUSS              | CA        |     65000 | PA      | $65727.74     | 0.04%             | 2030-03-30      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.125000% 10/31/2026                                    | CUSIP: 91282CLS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    500000 | PA      | $502851.56    | 0.29%             | 2026-10-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                                  | ASTRAZENECA FINANCE LLC 5.000000% 02/26/2034                            | CUSIP: 04636NAN3<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | GB        |     35000 | PA      | $35341.99     | 0.02%             | 2034-02-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BBCMS TRUST                                              | BBCMS MORTGAGE TRUST 2024-C24 BBCMS 2024-C24 A5                         | CUSIP: 07336VAU5<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    150000 | PA      | $154137.21    | 0.09%             | 2057-02-15      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORPORATION                           | JOHN DEERE CAPITAL CORP 4.500000% 01/08/2027                            | CUSIP: 24422EXF1<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252130.24    | 0.15%             | 2027-01-08      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION | NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 4.120000% 09/16/2027  | CUSIP: 63743HFT4<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60034.58     | 0.03%             | 2027-09-16      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 1.875000% 11/15/2051                                    | CUSIP: 912810TB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    200000 | PA      | $112562.50    | 0.07%             | 2051-11-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.625000% 11/15/2044                                    | CUSIP: 912810UF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    200000 | PA      | $198000.00    | 0.12%             | 2044-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SHELL FINANCE US INC.                                    | SHELL FINANCE US INC 3.250000% 04/06/2050                               | CUSIP: 822905AG0<br>LEI: N/A                  | Long             | DBT              | NUSS              | US        |    250000 | PA      | $167713.01    | 0.10%             | 2050-04-06      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NOVARTIS CAPITAL CORPORATION                             | NOVARTIS CAPITAL CORP 3.800000% 09/18/2029                              | CUSIP: 66989HAT5<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |     45000 | PA      | $44465.43     | 0.03%             | 2029-09-18      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL FINANCE CORPORATION                        | INTERNATIONAL FINANCE CORP MTN 4.250000% 07/02/2029                     | CUSIP: 45950KDH0<br>LEI: QKL54NQY28TCDAI75F60 | Long             | DBT              | NUSS              | XX        |    160000 | PA      | $163010.86    | 0.09%             | 2029-07-02      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                     | JPMORGAN CHASE & CO 3.109000% 04/22/2041                                | CUSIP: 46647PBM7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    150000 | PA      | $113547.54    | 0.07%             | 2041-04-22      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2               | GINNIE MAE II POOL 30YR TBA (MAY)                                       | CUSIP: 21H050656<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    400000 | PA      | $392339.28    | 0.23%             | 2055-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.375000% 11/30/2028                                    | CUSIP: 91282CJN2<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    500000 | PA      | $512246.10    | 0.30%             | 2028-11-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.750000% 11/15/2043                                    | CUSIP: 912810TW8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4500000 | PA      | $4546406.25   | 2.65%             | 2043-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2               | GINNIE MAE II POOL G2 MA9853                                            | CUSIP: 36179Y5N0<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     93294 | PA      | $95413.61     | 0.06%             | 2054-08-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                           | MORGAN STANLEY 5.173000% 01/16/2030                                     | CUSIP: 61747YFK6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    250000 | PA      | $254616.50    | 0.15%             | 2030-01-16      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST                                 | BENCHMARK 2020-B19 MORTGAGE TRUST BMARK 2020-B19 A5                     | CUSIP: 08162WBC9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    350000 | PA      | $301239.86    | 0.18%             | 2053-09-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN MA4624                                               | CUSIP: 31418ED64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    671640 | PA      | $583299.93    | 0.34%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE EQUITIES, INC.                    | ALEXANDRIA REAL ESTATE EQUITIES INC 5.625000% 05/15/2054                | CUSIP: 015271BD0<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91492.49     | 0.05%             | 2054-05-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| AEP TRANSMISSION COMPANY, LLC                            | AEP TRANSMISSION CO LLC 5.400000% 03/15/2053                            | CUSIP: 00115AAQ2<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140922.87    | 0.08%             | 2053-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 3.625000% 05/15/2053                                    | CUSIP: 912810TR9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    100000 | PA      | $82761.72     | 0.05%             | 2053-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                        | NATWEST GROUP PLC 4.964000% 08/15/2030                                  | CUSIP: 639057AS7<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | NUSS              | GB        |    200000 | PA      | $201003.76    | 0.12%             | 2030-08-15      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| MERCK & CO., INC.                                        | MERCK & CO INC 2.350000% 06/24/2040                                     | CUSIP: 58933YBA2<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    250000 | PA      | $174044.21    | 0.10%             | 2040-06-24      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INCORPORATED                                    | QUALCOMM INC 4.650000% 05/20/2035                                       | CUSIP: 747525AJ2<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98342.82     | 0.06%             | 2035-05-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.250000% 02/28/2031                                    | CUSIP: 91282CKC4<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    300000 | PA      | $306515.63    | 0.18%             | 2031-02-28      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.750000% 02/15/2045                                    | CUSIP: 912810UJ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1600000 | PA      | $1611000.00   | 0.94%             | 2045-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.625000% 06/30/2026                                    | CUSIP: 91282CKY6<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   1700000 | PA      | $1715074.22   | 1.00%             | 2026-06-30      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC POOL FR SD8492                                              | CUSIP: 3132DWNH2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    197883 | PA      | $193774.58    | 0.11%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FINANCE (USA) PLC                              | RIO TINTO FINANCE USA PLC 5.125000% 03/09/2053                          | CUSIP: 76720AAP1<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | NUSS              | AU        |    150000 | PA      | $135753.19    | 0.08%             | 2053-03-09      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.625000% 06/15/2027                                    | CUSIP: 91282CKV2<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    500000 | PA      | $510468.75    | 0.30%             | 2027-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                    | WELLS FARGO & CO MTN 4.611000% 04/25/2053                               | CUSIP: 95000U2Z5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82796.92     | 0.05%             | 2053-04-25      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| THE WALT DISNEY COMPANY                                  | WALT DISNEY CO/THE 7.750000% 12/01/2045                                 | CUSIP: 254687EZ5<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    200000 | PA      | $249837.41    | 0.15%             | 2045-12-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORPORATION                                  | DUKE ENERGY CORP 4.850000% 01/05/2027                                   | CUSIP: 26441CCB9<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201877.87    | 0.12%             | 2027-01-05      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                     | JPMORGAN CHASE & CO 5.534000% 11/29/2045                                | CUSIP: 46647PES1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34466.31     | 0.02%             | 2045-11-29      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                                 | EUROPEAN INVESTMENT BANK 3.750000% 02/14/2033                           | CUSIP: 298785JV9<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    200000 | PA      | $196321.37    | 0.11%             | 2033-02-14      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO GAS & ELECTRIC COMPANY                         | SAN DIEGO GAS & ELECTRIC CO 5.350000% 04/01/2053                        | CUSIP: 797440CD4<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92126.59     | 0.05%             | 2053-04-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| CARDINAL HEALTH, INC.                                    | CARDINAL HEALTH INC 5.350000% 11/15/2034                                | CUSIP: 14149YBS6<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50186.80     | 0.03%             | 2034-11-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                    | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 6.150000% 11/10/2026 | CUSIP: 161175CM4<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    250000 | PA      | $254828.96    | 0.15%             | 2026-11-10      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| METLIFE, INC.                                            | METLIFE INC 5.375000% 07/15/2033                                        | CUSIP: 59156RCE6<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    250000 | PA      | $257698.71    | 0.15%             | 2033-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN FS7084                                               | CUSIP: 3140XN2S2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    661862 | PA      | $617911.48    | 0.36%             | 2052-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 3.750000% 12/31/2028                                    | CUSIP: 91282CJR3<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   3500000 | PA      | $3512578.13   | 2.04%             | 2028-12-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2               | GINNIE MAE II POOL G2 MA9906                                            | CUSIP: 36180AAF0<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    298337 | PA      | $298403.68    | 0.17%             | 2054-09-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LYB INTERNATIONAL FINANCE III, LLC                       | LYB INTERNATIONAL FINANCE III LLC 4.200000% 05/01/2050                  | CUSIP: 50249AAD5<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |     75000 | PA      | $53605.05     | 0.03%             | 2050-05-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| AON NORTH AMERICA, INC.                                  | AON NORTH AMERICA INC 5.150000% 03/01/2029                              | CUSIP: 03740MAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $102066.79    | 0.06%             | 2029-03-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Altria Group, Inc.                                       | ALTRIA GROUP INC 4.875000% 02/04/2028                                   | CUSIP: 02209SBS1<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101172.92    | 0.06%             | 2028-02-04      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                  | BRISTOL-MYERS SQUIBB CO 5.200000% 02/22/2034                            | CUSIP: 110122EH7<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20282.40     | 0.01%             | 2034-02-22      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2               | GINNIE MAE II POOL G2 MA8880                                            | CUSIP: 36179X2M7<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    585206 | PA      | $595565.31    | 0.35%             | 2053-05-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.250000% 08/15/2054                                    | CUSIP: 912810UC0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    400000 | PA      | $370812.50    | 0.22%             | 2054-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.                     | MITSUBISHI UFJ FINANCIAL GROUP INC 5.441000% 02/22/2034                 | CUSIP: 606822CX0<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $203551.06    | 0.12%             | 2034-02-22      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| CENTENE CORPORATION                                      | CENTENE CORP 2.500000% 03/01/2031                                       | CUSIP: 15135BAX9<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    125000 | PA      | $105989.00    | 0.06%             | 2031-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Exportation et developpement Canada                      | EXPORT DEVELOPMNT CANADA 4.125000% 02/13/2029                           | CUSIP: 30216BKC5<br>LEI: Z6MHCSLXHKYG4B6PHW02 | Long             | DBT              | NUSS              | CA        |     90000 | PA      | $91192.20     | 0.05%             | 2029-02-13      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                     | JPMORGAN CHASE & CO 5.012000% 01/23/2030                                | CUSIP: 46647PEB8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    250000 | PA      | $254170.10    | 0.15%             | 2030-01-23      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 3.875000% 03/15/2028                                    | CUSIP: 91282CMS7<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    400000 | PA      | $403281.25    | 0.23%             | 2028-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Japan Bank for International Cooperation                 | JPN BANK FOR INT'L COOP 4.375000% 01/24/2031                            | CUSIP: 471048CZ9<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $202742.49    | 0.12%             | 2031-01-24      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 2.875000% 05/15/2028                                    | CUSIP: 9128284N7<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    250000 | PA      | $244804.69    | 0.14%             | 2028-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| EQUINIX EUROPE 2 FINANCING CORPORATION LLC               | EQUINIX EUROPE 2 FINANCING CORP LLC 5.500000% 06/15/2034                | CUSIP: 29390XAA2<br>LEI: 254900FSZR46BPMCKI50 | Long             | DBT              | CORP              | US        |     55000 | PA      | $56023.78     | 0.03%             | 2034-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                  | MPLX LP 5.500000% 06/01/2034                                            | CUSIP: 55336VBX7<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     85000 | PA      | $83600.08     | 0.05%             | 2034-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.                    | SUMITOMO MITSUI FINANCIAL GROUP INC 3.050000% 01/14/2042                | CUSIP: 86562MCQ1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $147526.71    | 0.09%             | 2042-01-14      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN, INC.                                      | KINDER MORGAN INC 5.000000% 02/01/2029                                  | CUSIP: 494553AD2<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202051.14    | 0.12%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                                | AT&T INC 5.400000% 02/15/2034                                           | CUSIP: 00206RMT6<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255291.67    | 0.15%             | 2034-02-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Canada                                                   | CANADA GOVERNMENT 3.750000% 04/26/2028                                  | CUSIP: 135087Q56<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |    250000 | PA      | $250972.89    | 0.15%             | 2028-04-26      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                           | CITIGROUP INC 6.174000% 05/25/2034                                      | CUSIP: 17327CAR4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102356.51    | 0.06%             | 2034-05-25      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORPORATION                                    | MICROSOFT CORP 4.100000% 02/06/2037                                     | CUSIP: 594918BZ6<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94946.14     | 0.06%             | 2037-02-06      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORPORATION                                   | MCDONALD'S CORP 5.450000% 08/14/2053                                    | CUSIP: 58013MFW9<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142558.51    | 0.08%             | 2053-08-14      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HOLDINGS PLC                          | SANTANDER UK GROUP HOLDINGS PLC 5.694000% 04/15/2031                    | CUSIP: 80281LAV7<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | NUSS              | GB        |    100000 | PA      | $102523.72    | 0.06%             | 2031-04-15      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                              | BANK OF AMERICA CORP 5.202000% 04/25/2029                               | CUSIP: 06051GLG2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255365.18    | 0.15%             | 2029-04-25      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES, INC.                                    | GILEAD SCIENCES INC 5.100000% 06/15/2035                                | CUSIP: 375558CC5<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35126.08     | 0.02%             | 2035-06-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                         | PACIFIC GAS AND ELECTRIC CO 6.400000% 06/15/2033                        | CUSIP: 694308KM8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155096.30    | 0.09%             | 2033-06-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINANCIAL SERVICES CORPORATION               | CATERPILLAR FINANCIAL SERVICES CORP 4.500000% 01/08/2027                | CUSIP: 14913UAE0<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251988.64    | 0.15%             | 2027-01-08      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 3.750000% 08/15/2027                                    | CUSIP: 91282CLG4<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    500000 | PA      | $501679.69    | 0.29%             | 2027-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC POOL FR RA1419                                              | CUSIP: 3133KGSG4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    437208 | PA      | $399633.76    | 0.23%             | 2049-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Province de Quebec                                       | PROVINCE OF QUEBEC 4.500000% 09/08/2033                                 | CUSIP: 748148SE4<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    250000 | PA      | $249672.41    | 0.15%             | 2033-09-08      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANQUE DEVELOPPT CONSEIL EUROPE 9                        | COUNCIL OF EUROPE DEVELOPMENT BANK 4.500000% 01/15/2030                 | CUSIP: 222213BG4<br>LEI: 549300UYNXMI821WYG82 | Long             | DBT              | NUSS              | XX        |     80000 | PA      | $82380.58     | 0.05%             | 2030-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORPORATION                                | REALTY INCOME CORP 4.750000% 02/15/2029                                 | CUSIP: 756109CF9<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252466.26    | 0.15%             | 2029-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2               | GINNIE MAE II POOL G2 MA8569                                            | CUSIP: 36179XQW9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    272041 | PA      | $267581.15    | 0.16%             | 2053-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.125000% 03/31/2029                                    | CUSIP: 91282CKG5<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    400000 | PA      | $406718.75    | 0.24%             | 2029-03-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.                     | MITSUBISHI UFJ FINANCIAL GROUP INC 5.422000% 02/22/2029                 | CUSIP: 606822CS1<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $205127.03    | 0.12%             | 2029-02-22      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL HOLDINGS, INC.                    | NEXTERA ENERGY CAPITAL HOLDINGS INC 4.900000% 02/28/2028                | CUSIP: 65339KCM0<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    250000 | PA      | $253449.05    | 0.15%             | 2028-02-28      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Nomura Holdings, Inc.                                    | NOMURA HOLDINGS INC 6.070000% 07/12/2028                                | CUSIP: 65535HBM0<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $208019.80    | 0.12%             | 2028-07-12      | Fixed         | 6.07%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN MA5192                                               | CUSIP: 31418EXW5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    645266 | PA      | $664566.69    | 0.39%             | 2053-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INCORPORATED                           | TEXAS INSTRUMENTS INC 5.050000% 05/18/2063                              | CUSIP: 882926AA6<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |    150000 | PA      | $134182.17    | 0.08%             | 2063-05-18      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                       | ORACLE CORP 4.700000% 09/27/2034                                        | CUSIP: 68389XCT0<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47582.67     | 0.03%             | 2034-09-27      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC POOL FR SD8166                                              | CUSIP: 3132DWCB7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    546458 | PA      | $434938.90    | 0.25%             | 2051-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 3.625000% 03/31/2030                                    | CUSIP: 91282CGS4<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    200000 | PA      | $199070.31    | 0.12%             | 2030-03-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| EXELON CORPORATION                                       | EXELON CORP 5.150000% 03/15/2028                                        | CUSIP: 30161NBJ9<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255302.53    | 0.15%             | 2028-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas, LLC                               | DUKE ENERGY CAROLINAS LLC 4.850000% 01/15/2034                          | CUSIP: 26442CBM5<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197711.80    | 0.12%             | 2034-01-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.625000% 04/30/2029                                    | CUSIP: 91282CKP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    400000 | PA      | $414171.88    | 0.24%             | 2029-04-30      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC.                                            | BROADCOM INC 5.050000% 07/12/2029                                       | CUSIP: 11135FBX8<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101957.80    | 0.06%             | 2029-07-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| UNION ELECTRIC COMPANY                                   | UNION ELECTRIC CO 5.250000% 01/15/2054                                  | CUSIP: 906548CX8<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138002.81    | 0.08%             | 2054-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                      | COMCAST CORP 4.550000% 01/15/2029                                       | CUSIP: 20030NED9<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252693.23    | 0.15%             | 2029-01-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 3.875000% 08/15/2033                                    | CUSIP: 91282CHT1<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    200000 | PA      | $197468.75    | 0.11%             | 2033-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SHELL FINANCE US INC.                                    | SHELL FINANCE US INC 4.125000% 05/11/2035                               | CUSIP: 822905AC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $93377.16     | 0.05%             | 2035-05-11      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 2.250000% 05/15/2041                                    | CUSIP: 912810SY5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $366132.81    | 0.21%             | 2041-05-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION | NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 4.750000% 02/07/2028  | CUSIP: 63743HFW7<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15234.35     | 0.01%             | 2028-02-07      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC POOL FR SD8114                                              | CUSIP: 3132DWAP8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    459118 | PA      | $384653.69    | 0.22%             | 2050-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL, INC.                             | MARRIOTT INTERNATIONAL INC/MD 5.300000% 05/15/2034                      | CUSIP: 571903BQ5<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98551.78     | 0.06%             | 2034-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.375000% 05/15/2034                                    | CUSIP: 91282CKQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    800000 | PA      | $815312.50    | 0.47%             | 2034-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORPORATION                               | AMERICAN TOWER CORP 5.450000% 02/15/2034                                | CUSIP: 03027XCH1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101579.58    | 0.06%             | 2034-02-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.250000% 12/31/2026                                    | CUSIP: 91282CME8<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    500000 | PA      | $504531.25    | 0.29%             | 2026-12-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC.                                            | ALPHABET INC 4.500000% 05/15/2035                                       | CUSIP: 02079KAL1<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98676.40     | 0.06%             | 2035-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| STRYKER CORPORATION                                      | STRYKER CORP 4.700000% 02/10/2028                                       | CUSIP: 863667BK6<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30352.87     | 0.02%             | 2028-02-10      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY COMPANY                                 | CONSUMERS ENERGY CO 4.700000% 01/15/2030                                | CUSIP: 210518DX1<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60848.72     | 0.04%             | 2030-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 3.625000% 08/31/2029                                    | CUSIP: 91282CLK5<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    500000 | PA      | $498906.25    | 0.29%             | 2029-08-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital Designated Activity Company       | AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATIO 5.300000% 01/19/2034 | CUSIP: 00774MBH7<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | NUSS              | IE        |    150000 | PA      | $148082.36    | 0.09%             | 2034-01-19      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Province de Quebec                                       | PROVINCE OF QUEBEC 3.625000% 04/13/2028                                 | CUSIP: 748148SD6<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    200000 | PA      | $199118.37    | 0.12%             | 2028-04-13      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| INTER AMERICAN DEVELOPMENT BANK                          | INTER-AMERICAN DEVELOPMENT BANK 4.375000% 07/17/2034                    | CUSIP: 4581X0EP9<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    100000 | PA      | $100907.94    | 0.06%             | 2034-07-17      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Republica de Panama                                      | REPUBLIC OF PANAMA 6.853000% 03/28/2054                                 | CUSIP: 698299BV5<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    200000 | PA      | $172228.06    | 0.10%             | 2054-03-28      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| THE HOME DEPOT, INC.                                     | HOME DEPOT INC/THE 4.950000% 09/30/2026                                 | CUSIP: 437076CV2<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    250000 | PA      | $253023.84    | 0.15%             | 2026-09-30      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES, INC.                                    | GILEAD SCIENCES INC 2.600000% 10/01/2040                                | CUSIP: 375558BS1<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $70722.75     | 0.04%             | 2040-10-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2               | GINNIE MAE II POOL G2 MA9425                                            | CUSIP: 36179YPJ7<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    177288 | PA      | $181517.06    | 0.11%             | 2054-01-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                           | MORGAN STANLEY MTN 5.942000% 02/07/2039                                 | CUSIP: 61747YFM2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100676.01    | 0.06%             | 2039-02-07      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL HOLDINGS, INC.                    | NEXTERA ENERGY CAPITAL HOLDINGS INC 5.250000% 02/28/2053                | CUSIP: 65339KCQ1<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    150000 | PA      | $134209.06    | 0.08%             | 2053-02-28      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE OR FREDDIE MAC 30YR TBA (MAY)                                | CUSIP: 01F032658<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    500000 | PA      | $451193.84    | 0.26%             | 2055-05-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.250000% 06/30/2031                                    | CUSIP: 91282CKW0<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   1000000 | PA      | $1020820.31   | 0.59%             | 2031-06-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HCA INC.                                                 | HCA INC 3.625000% 03/15/2032                                            | CUSIP: 404119CK3<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    250000 | PA      | $226761.52    | 0.13%             | 2032-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Estados Unidos Mexicanos                                 | UNITED MEXICAN STATES 6.000000% 05/07/2036                              | CUSIP: 91087BAZ3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    200000 | PA      | $190493.60    | 0.11%             | 2036-05-07      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC POOL FR SD8265                                              | CUSIP: 3132DWFE8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    702315 | PA      | $655679.79    | 0.38%             | 2052-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                        | HSBC HOLDINGS PLC 6.547000% 06/20/2034                                  | CUSIP: 404280DX4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | NUSS              | GB        |    200000 | PA      | $208983.25    | 0.12%             | 2034-06-20      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| LEIDOS, INC.                                             | LEIDOS INC 5.400000% 03/15/2032                                         | CUSIP: 52532XAK1<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15109.85     | 0.01%             | 2032-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 3.625000% 09/30/2031                                    | CUSIP: 91282CLM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    500000 | PA      | $492421.88    | 0.29%             | 2031-09-30      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| U.S. BANCORP                                             | US BANCORP 5.775000% 06/12/2029                                         | CUSIP: 91159HJM3<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    250000 | PA      | $258610.92    | 0.15%             | 2029-06-12      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CREDIT FUND                           | BLACKSTONE PRIVATE CREDIT FUND 144A 6.000000% 11/22/2034                | CUSIP: 09261HBV8<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47708.33     | 0.03%             | 2034-11-22      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.625000% 02/15/2035                                    | CUSIP: 91282CMM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   1700000 | PA      | $1763750.00   | 1.03%             | 2035-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                           | MORGAN STANLEY 5.042000% 07/19/2030                                     | CUSIP: 61747YFS9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101233.31    | 0.06%             | 2030-07-19      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| THE CAMPBELL'S COMPANY                                   | THE CAMPBELL'S COMPANY 4.750000% 03/23/2035                             | CUSIP: 134429BQ1<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38298.82     | 0.02%             | 2035-03-23      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ELI LILLY AND COMPANY                                    | ELI LILLY & CO 4.950000% 02/27/2063                                     | CUSIP: 532457CH9<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89827.22     | 0.05%             | 2063-02-27      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC POOL FR SD8454                                              | CUSIP: 3132DWMB6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    186142 | PA      | $188884.76    | 0.11%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                       | T-MOBILE USA INC 5.125000% 05/15/2032                                   | CUSIP: 87264ADS1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151660.17    | 0.09%             | 2032-05-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORPORATION                                | UNION PACIFIC CORP 4.950000% 05/15/2053                                 | CUSIP: 907818GF9<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    200000 | PA      | $180691.13    | 0.11%             | 2053-05-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN FP0069                                               | CUSIP: 3140XTCF6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    479873 | PA      | $401101.49    | 0.23%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 1.375000% 11/15/2040                                    | CUSIP: 912810ST6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    200000 | PA      | $128460.94    | 0.07%             | 2040-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.250000% 11/15/2034                                    | CUSIP: 91282CLW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    300000 | PA      | $302296.88    | 0.18%             | 2034-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Pfizer Investment Enterprises Pte. Ltd.                  | PFIZER INVESTMENT ENTERPRISES PTE LTD 4.450000% 05/19/2026              | CUSIP: 716973AB8<br>LEI: 5493000FQO8XF9C0RT95 | Long             | DBT              | NUSS              | US        |    250000 | PA      | $250336.41    | 0.15%             | 2026-05-19      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC POOL FR SD4695                                              | CUSIP: 3132DSGC0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    319695 | PA      | $331599.54    | 0.19%             | 2054-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.125000% 02/29/2032                                    | CUSIP: 91282CMR9<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    500000 | PA      | $505937.50    | 0.29%             | 2032-02-29      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL INCORPORATION                    | HONEYWELL INTERNATIONAL INC 5.250000% 03/01/2054                        | CUSIP: 438516CT1<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93760.18     | 0.05%             | 2054-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS, INC.                                     | META PLATFORMS INC 4.750000% 08/15/2034                                 | CUSIP: 30303M8U9<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24899.24     | 0.01%             | 2034-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.750000% 11/15/2053                                    | CUSIP: 912810TV0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3450000 | PA      | $3469271.49   | 2.02%             | 2053-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                              | VERIZON COMMUNICATIONS INC 3.400000% 03/22/2041                         | CUSIP: 92343VGK4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    350000 | PA      | $266967.80    | 0.16%             | 2041-03-22      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC.                                              | ABBVIE INC 4.050000% 11/21/2039                                         | CUSIP: 00287YCA5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    250000 | PA      | $216575.62    | 0.13%             | 2039-11-21      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| HUMANA INC.                                              | HUMANA INC 6.000000% 05/01/2055                                         | CUSIP: 444859CC4<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95074.61     | 0.06%             | 2055-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.250000% 02/28/2029                                    | CUSIP: 91282CKD2<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    650000 | PA      | $663812.50    | 0.39%             | 2029-02-28      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ELI LILLY AND COMPANY                                    | ELI LILLY & CO 5.100000% 02/12/2035                                     | CUSIP: 532457CX4<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102116.65    | 0.06%             | 2035-02-12      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| THE KROGER CO.                                           | KROGER CO/THE 5.000000% 09/15/2034                                      | CUSIP: 501044DV0<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    125000 | PA      | $122514.96    | 0.07%             | 2034-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN MA4360                                               | CUSIP: 31418DZ21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    919000 | PA      | $837259.28    | 0.49%             | 2036-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INTEL CORPORATION                                        | INTEL CORP 5.625000% 02/10/2043                                         | CUSIP: 458140CH1<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92250.13     | 0.05%             | 2043-02-10      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.625000% 04/30/2031                                    | CUSIP: 91282CKN0<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    500000 | PA      | $520644.53    | 0.30%             | 2031-04-30      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.375000% 01/31/2032                                    | CUSIP: 91282CMK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   1000000 | PA      | $1026640.62   | 0.60%             | 2032-01-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BANQUE CANADIENNE IMPERIALE DE COMMERCE                  | CANADIAN IMPERIAL BANK OF COMMERCE 5.260000% 04/08/2029                 | CUSIP: 13608JAA5<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | NUSS              | CA        |     65000 | PA      | $66707.82     | 0.04%             | 2029-04-08      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| NASDAQ, INC.                                             | NASDAQ INC 5.950000% 08/15/2053                                         | CUSIP: 63111XAK7<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100653.88    | 0.06%             | 2053-08-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY, INC.                   | GENERAL MOTORS FINANCIAL CO INC 5.400000% 05/08/2027                    | CUSIP: 37045XEQ5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101015.13    | 0.06%             | 2027-05-08      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL, INC.                               | PRUDENTIAL FINANCIAL INC MTN 5.200000% 03/14/2035                       | CUSIP: 74432QCK9<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     45000 | PA      | $45108.45     | 0.03%             | 2035-03-14      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Rzeczpospolita Polska                                    | REPUBLIC OF POLAND 5.125000% 09/18/2034                                 | CUSIP: 731011AY8<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    100000 | PA      | $99394.00     | 0.06%             | 2034-09-18      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                            | GOLDMAN SACHS GROUP INC/THE 5.016000% 10/23/2035                        | CUSIP: 38141GB78<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     80000 | PA      | $77517.16     | 0.05%             | 2035-10-23      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.375000% 07/31/2026                                    | CUSIP: 91282CLB5<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   1000000 | PA      | $1006875.00   | 0.59%             | 2026-07-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| THE CIGNA GROUP                                          | CIGNA GROUP/THE 5.600000% 02/15/2054                                    | CUSIP: 125523CW8<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18844.48     | 0.01%             | 2054-02-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corporation                             | TRUIST FINANCIAL CORP MTN 5.153000% 08/05/2032                          | CUSIP: 89788MAT9<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100533.03    | 0.06%             | 2032-08-05      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| INTEL CORPORATION                                        | INTEL CORP 5.125000% 02/10/2030                                         | CUSIP: 458140CF5<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252378.18    | 0.15%             | 2030-02-10      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                          | INTERCONTINENTAL EXCHANGE INC 5.250000% 06/15/2031                      | CUSIP: 45866FBA1<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     30000 | PA      | $31067.30     | 0.02%             | 2031-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS LLC                                   | CHUBB INA HOLDINGS LLC MTN 5.000000% 03/15/2034                         | CUSIP: 171239AK2<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65095.60     | 0.04%             | 2034-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORPORATION                                    | STARBUCKS CORP 5.000000% 02/15/2034                                     | CUSIP: 855244BJ7<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99436.92     | 0.06%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BMO MORTGAGE TRUST                                       | BMO 2024-C8 MORTGAGE TRUST BMO 2024-C8 A5                               | CUSIP: 05593HAD6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    135000 | PA      | $139980.70    | 0.08%             | 2057-03-15      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                       | ORACLE CORP 3.600000% 04/01/2040                                        | CUSIP: 68389XBW4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    250000 | PA      | $194859.22    | 0.11%             | 2040-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Oesterreichische Kontrollbank Aktiengesellschaft         | OESTERREICHISCHE KONTROLLBANK AG 5.000000% 10/23/2026                   | CUSIP: 676167CK3<br>LEI: 5299000OVRLMF858L016 | Long             | DBT              | NUSS              | AT        |    200000 | PA      | $203432.36    | 0.12%             | 2026-10-23      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                            | GOLDMAN SACHS GROUP INC/THE 6.484000% 10/24/2029                        | CUSIP: 38141GA46<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    250000 | PA      | $265225.67    | 0.15%             | 2029-10-24      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC.                                          | S&P GLOBAL INC 3.900000% 03/01/2062                                     | CUSIP: 78409VBM5<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |    150000 | PA      | $110470.51    | 0.06%             | 2062-03-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Pepsico, Inc.                                            | PEPSICO INC 4.500000% 07/17/2029                                        | CUSIP: 713448FX1<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101662.67    | 0.06%             | 2029-07-17      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.250000% 01/31/2030                                    | CUSIP: 91282CMG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    500000 | PA      | $511660.16    | 0.30%             | 2030-01-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                         | PHILIP MORRIS INTERNATIONAL INC 5.125000% 02/15/2030                    | CUSIP: 718172DA4<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    250000 | PA      | $256447.32    | 0.15%             | 2030-02-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE EQUITIES, INC.                    | ALEXANDRIA REAL ESTATE EQUITIES INC 5.250000% 05/15/2036                | CUSIP: 015271BC2<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |     45000 | PA      | $43288.17     | 0.03%             | 2036-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| International Bank for Reconstruction and Development    | INTERNATIONAL BANK FOR RECONSTRUCTION & DEVELOPMEN 4.750000% 11/14/2033 | CUSIP: 459058KY8<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    100000 | PA      | $103988.30    | 0.06%             | 2033-11-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AMGEN INC.                                               | AMGEN INC 5.150000% 03/02/2028                                          | CUSIP: 031162DP2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255537.24    | 0.15%             | 2028-03-02      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.250000% 02/15/2054                                    | CUSIP: 912810TX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $462988.28    | 0.27%             | 2054-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC POOL FR SD8121                                              | CUSIP: 3132DWAW3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |   1021157 | PA      | $817225.88    | 0.48%             | 2051-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2               | GINNIE MAE II POOL G2 MA7051                                            | CUSIP: 36179VZQ6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1647179 | PA      | $1344080.38   | 0.78%             | 2050-12-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG NEW YORK BRANCH                         | DEUTSCHE BANK AG/NEW YORK NY 5.706000% 02/08/2028                       | CUSIP: 251526CV9<br>LEI: N/A                  | Long             | DBT              | NUSS              | DE        |    150000 | PA      | $152318.56    | 0.09%             | 2028-02-08      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| Citibank National Association                            | CITIBANK NA 5.488000% 12/04/2026                                        | CUSIP: 17325FBC1<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |    250000 | PA      | $254734.03    | 0.15%             | 2026-12-04      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| Province of Alberta                                      | PROVINCE OF ALBERTA 4.500000% 01/24/2034                                | CUSIP: 013051ET0<br>LEI: LQPXMHHNJKIPJYE53543 | Long             | DBT              | NUSS              | CA        |    250000 | PA      | $249178.96    | 0.15%             | 2034-01-24      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| THE WILLIAMS COMPANIES, INC.                             | WILLIAMS COS INC/THE 4.900000% 03/15/2029                               | CUSIP: 88339WAB2<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252575.68    | 0.15%             | 2029-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC POOL FR SD8373                                              | CUSIP: 3132DWJS3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |   1271304 | PA      | $1291372.18   | 0.75%             | 2053-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORPORATION                          | TOYOTA MOTOR CREDIT CORP MTN 4.800000% 01/05/2034                       | CUSIP: 89236TLM5<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198929.04    | 0.12%             | 2034-01-05      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| JBS USA Holding Lux S.a r.l.                             | JBS USA HOLDING LUX SARL/ JBS USA FOOD CO/ JBS LUX 6.500000% 12/01/2052 | CUSIP: 46590XAX4<br>LEI: RB8RC03FUD8DSX57C193 | Long             | DBT              | NUSS              | US        |    250000 | PA      | $257379.00    | 0.15%             | 2052-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                       | ENERGY TRANSFER LP 5.950000% 05/15/2054                                 | CUSIP: 29273VAW0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    250000 | PA      | $227276.96    | 0.13%             | 2054-05-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 2.250000% 02/15/2052                                    | CUSIP: 912810TD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $309140.63    | 0.18%             | 2052-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN MA4666                                               | CUSIP: 31418EFG0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    298898 | PA      | $283780.02    | 0.17%             | 2037-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                                 | EUROPEAN INVESTMENT BANK 4.000000% 02/15/2029                           | CUSIP: 298785JZ0<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    250000 | PA      | $252665.01    | 0.15%             | 2029-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 3.875000% 03/31/2027                                    | CUSIP: 91282CMV0<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   1300000 | PA      | $1306042.97   | 0.76%             | 2027-03-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 3.750000% 04/15/2028                                    | CUSIP: 91282CMW8<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   3000000 | PA      | $3013828.14   | 1.75%             | 2028-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS, INC.                                      | GENERAL MILLS INC 4.700000% 01/30/2027                                  | CUSIP: 370334CX0<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251400.82    | 0.15%             | 2027-01-30      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC AND GAS COMPANY                  | PUBLIC SERVICE ELECTRIC AND GAS CO 5.300000% 08/01/2054                 | CUSIP: 74456QCT1<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94495.36     | 0.06%             | 2054-08-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Banco Santander, S.A.                                    | BANCO SANTANDER SA 6.527000% 11/07/2027                                 | CUSIP: 05964HAX3<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | NUSS              | ES        |    200000 | PA      | $205815.82    | 0.12%             | 2027-11-07      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                           | CITIGROUP INC 2.904000% 11/03/2042                                      | CUSIP: 172967NF4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    100000 | PA      | $69189.33     | 0.04%             | 2042-11-03      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| THE COCA-COLA COMPANY                                    | COCA-COLA CO/THE 2.875000% 05/05/2041                                   | CUSIP: 191216DQ0<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74130.36     | 0.04%             | 2041-05-05      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                       | T-MOBILE USA INC 4.850000% 01/15/2029                                   | CUSIP: 87264ADE2<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252792.89    | 0.15%             | 2029-01-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATURAL RESOURCES LIMITED                       | CANADIAN NATURAL RESOURCES LTD 2.950000% 07/15/2030                     | CUSIP: 136385BA8<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | NUSS              | CA        |     75000 | PA      | $68014.34     | 0.04%             | 2030-07-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                   | CVS HEALTH CORP 5.300000% 06/01/2033                                    | CUSIP: 126650DY3<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248292.44    | 0.14%             | 2033-06-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN FS2037                                               | CUSIP: 3140XHHP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    932484 | PA      | $823303.19    | 0.48%             | 2037-05-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                   | CVS HEALTH CORP 5.625000% 02/21/2053                                    | CUSIP: 126650DV9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90685.05     | 0.05%             | 2053-02-21      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                 | LLOYDS BANKING GROUP PLC 5.462000% 01/05/2028                           | CUSIP: 53944YAZ6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | NUSS              | GB        |    200000 | PA      | $202677.67    | 0.12%             | 2028-01-05      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.375000% 12/31/2029                                    | CUSIP: 91282CMD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    500000 | PA      | $514218.75    | 0.30%             | 2029-12-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                            | GOLDMAN SACHS GROUP INC/THE 3.436000% 02/24/2043                        | CUSIP: 38141GZN7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    150000 | PA      | $111541.27    | 0.06%             | 2043-02-24      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY, INC.                                  | MICRON TECHNOLOGY INC 5.300000% 01/15/2031                              | CUSIP: 595112CD3<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251093.40    | 0.15%             | 2031-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                   | ASIAN DEVELOPMENT BANK MTN 4.500000% 08/25/2028                         | CUSIP: 045167FZ1<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    200000 | PA      | $205112.85    | 0.12%             | 2028-08-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| APPLE INC.                                               | APPLE INC 4.000000% 05/10/2028                                          | CUSIP: 037833ET3<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252034.40    | 0.15%             | 2028-05-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2               | GINNIE MAE II POOL G2 MA8346                                            | CUSIP: 36179XHX7<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    588877 | PA      | $550441.63    | 0.32%             | 2052-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN MA5614                                               | CUSIP: 31418FGY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    198425 | PA      | $198076.82    | 0.12%             | 2055-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| THE PROCTER & GAMBLE COMPANY                             | PROCTER & GAMBLE CO/THE 4.350000% 01/29/2029                            | CUSIP: 742718GF0<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152590.70    | 0.09%             | 2029-01-29      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| HCA INC.                                                 | HCA INC 4.375000% 03/15/2042                                            | CUSIP: 404119CS6<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    250000 | PA      | $203514.34    | 0.12%             | 2042-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN FS1648                                               | CUSIP: 3140XGZN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    826375 | PA      | $687276.04    | 0.40%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HEWLETT PACKARD ENTERPRISE COMPANY                       | HEWLETT PACKARD ENTERPRISE CO 4.550000% 10/15/2029                      | CUSIP: 42824CBT5<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99068.53     | 0.06%             | 2029-10-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN MA4465                                               | CUSIP: 31418D6B3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    445676 | PA      | $354510.01    | 0.21%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                  | BRISTOL-MYERS SQUIBB CO 6.400000% 11/15/2063                            | CUSIP: 110122EC8<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    125000 | PA      | $133298.28    | 0.08%             | 2063-11-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE                 | PRESIDENT AND FELLOWS OF HARVARD COLLEGE 4.887000% 03/15/2030           | CUSIP: 740816AS2<br>LEI: 6S3X7J22E861RNTJSA74 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102579.37    | 0.06%             | 2030-03-15      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP, L.P.                               | SIMON PROPERTY GROUP LP 4.750000% 09/26/2034                            | CUSIP: 828807DY0<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38244.03     | 0.02%             | 2034-09-26      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                                | AT&T INC 3.650000% 06/01/2051                                           | CUSIP: 00206RKA9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    375000 | PA      | $262367.72    | 0.15%             | 2051-06-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                   | ASIAN DEVELOPMENT BANK MTN 4.125000% 01/12/2027                         | CUSIP: 045167GA5<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    250000 | PA      | $251680.44    | 0.15%             | 2027-01-12      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN CB1382                                               | CUSIP: 3140QLRC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    460347 | PA      | $387595.21    | 0.23%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Pfizer Investment Enterprises Pte. Ltd.                  | PFIZER INVESTMENT ENTERPRISES PTE LTD 5.300000% 05/19/2053              | CUSIP: 716973AG7<br>LEI: 5493000FQO8XF9C0RT95 | Long             | DBT              | NUSS              | US        |    150000 | PA      | $138902.63    | 0.08%             | 2053-05-19      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                         | OCCIDENTAL PETROLEUM CORP 5.550000% 10/01/2034                          | CUSIP: 674599EL5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93336.58     | 0.05%             | 2034-10-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC POOL FR SD1739                                              | CUSIP: 3132DN4Y6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    251712 | PA      | $241417.66    | 0.14%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                     | JPMORGAN CHASE & CO 4.979000% 07/22/2028                                | CUSIP: 46647PEL6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101165.93    | 0.06%             | 2028-07-22      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                              | BANK OF AMERICA CORP 5.288000% 04/25/2034                               | CUSIP: 06051GLH0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200543.50    | 0.12%             | 2034-04-25      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM, INC.                                         | AMAZON.COM INC 2.875000% 05/12/2041                                     | CUSIP: 023135CA2<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    150000 | PA      | $111030.93    | 0.06%             | 2041-05-12      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Pepsico, Inc.                                            | PEPSICO INC 5.250000% 07/17/2054                                        | CUSIP: 713448FZ6<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96574.95     | 0.06%             | 2054-07-17      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                           | CITIGROUP INC 5.592000% 11/19/2034                                      | CUSIP: 172967PN5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201207.37    | 0.12%             | 2034-11-19      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COMPANIES, INC.                         | MARSH & MCLENNAN COS INC 5.700000% 09/15/2053                           | CUSIP: 571748BV3<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247878.22    | 0.14%             | 2053-09-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN MA4568                                               | CUSIP: 31418ECE8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    470151 | PA      | $436849.88    | 0.25%             | 2037-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                       | SOUTHERN CALIFORNIA EDISON CO 5.875000% 12/01/2053                      | CUSIP: 842400HX4<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    150000 | PA      | $138314.05    | 0.08%             | 2053-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC.                                      | ALLY FINANCIAL INC 5.543000% 01/17/2031                                 | CUSIP: 02005NBW9<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     55000 | PA      | $54486.58     | 0.03%             | 2031-01-17      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC POOL FR SB0921                                              | CUSIP: 3132CXAW2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    644994 | PA      | $621575.46    | 0.36%             | 2038-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| International Bank for Reconstruction and Development    | INTERNATIONAL BANK FOR RECONSTRUCTION & DEVELOPMEN 4.625000% 01/15/2032 | CUSIP: 459058LQ4<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |     80000 | PA      | $82850.93     | 0.05%             | 2032-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2               | GINNIE MAE II POOL G2 MA8099                                            | CUSIP: 36179W7L6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1119420 | PA      | $1019207.49   | 0.59%             | 2052-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ONEOK, INC.                                              | ONEOK INC 6.625000% 09/01/2053                                          | CUSIP: 682680BN2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248873.14    | 0.14%             | 2053-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORPORATION                               | CARRIER GLOBAL CORP 3.377000% 04/05/2040                                | CUSIP: 14448CAR5<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |    300000 | PA      | $234374.63    | 0.14%             | 2040-04-05      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN MA5164                                               | CUSIP: 31418EW22<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |   1104206 | PA      | $1082326.31   | 0.63%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.500000% 11/15/2054                                    | CUSIP: 912810UE6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    600000 | PA      | $580781.25    | 0.34%             | 2054-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                   | CONOCOPHILLIPS CO 5.000000% 01/15/2035                                  | CUSIP: 20826FBL9<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98426.26     | 0.06%             | 2035-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.000000% 01/15/2027                                    | CUSIP: 91282CJT9<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   6000000 | PA      | $6032812.50   | 3.51%             | 2027-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                              | VERIZON COMMUNICATIONS INC 2.100000% 03/22/2028                         | CUSIP: 92343VGH1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    250000 | PA      | $235959.42    | 0.14%             | 2028-03-22      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                               | PACIFICORP 5.800000% 01/15/2055                                         | CUSIP: 695114DE5<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    225000 | PA      | $214474.11    | 0.12%             | 2055-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| THE DOW CHEMICAL COMPANY                                 | DOW CHEMICAL CO/THE 5.350000% 03/15/2035                                | CUSIP: 260543DL4<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97178.43     | 0.06%             | 2035-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FINANCE CORPORATION                   | BERKSHIRE HATHAWAY FINANCE CORP 2.875000% 03/15/2032                    | CUSIP: 084664DA6<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91581.92     | 0.05%             | 2032-03-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.                    | SUMITOMO MITSUI FINANCIAL GROUP INC 5.836000% 07/09/2044                | CUSIP: 86562MDQ0<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | NUSS              | JP        |    100000 | PA      | $99743.07     | 0.06%             | 2044-07-09      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| Virginia Electric and Power Company                      | VIRGINIA ELECTRIC AND POWER CO 5.350000% 01/15/2054                     | CUSIP: 927804GQ1<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137543.69    | 0.08%             | 2054-01-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORPORATION                                      | NEWMONT CORP / NEWCREST FINANCE PTY LTD 5.750000% 11/15/2041            | CUSIP: 65163LAD1<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249356.60    | 0.15%             | 2041-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 3.500000% 09/30/2026                                    | CUSIP: 91282CLP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    500000 | PA      | $498339.85    | 0.29%             | 2026-09-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LOWE'S COMPANIES, INC.                                   | LOWE'S COS INC 2.800000% 09/15/2041                                     | CUSIP: 548661EE3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    150000 | PA      | $101703.22    | 0.06%             | 2041-09-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM, INC.                                         | AMAZON.COM INC 3.300000% 04/13/2027                                     | CUSIP: 023135CF1<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247460.09    | 0.14%             | 2027-04-13      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.000000% 03/31/2030                                    | CUSIP: 91282CMU2<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   2000000 | PA      | $2024843.76   | 1.18%             | 2030-03-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN MA5138                                               | CUSIP: 31418EV80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    928529 | PA      | $927904.11    | 0.54%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| International Bank for Reconstruction and Development    | INTERNATIONAL BANK FOR RECONSTRUCTION & DEVELOPMEN 4.000000% 01/10/2031 | CUSIP: 459058LA9<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    200000 | PA      | $201303.57    | 0.12%             | 2031-01-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MASTEC, INC.                                             | MASTEC INC 5.900000% 06/15/2029                                         | CUSIP: 576323AT6<br>LEI: 549300TMDIT8WREDOF45 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51101.50     | 0.03%             | 2029-06-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN MA5471                                               | CUSIP: 31418FCH8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    485992 | PA      | $493092.46    | 0.29%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC.                                        | CROWN CASTLE INC 4.900000% 09/01/2029                                   | CUSIP: 22822VBF7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100241.82    | 0.06%             | 2029-09-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.375000% 07/15/2027                                    | CUSIP: 91282CKZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    500000 | PA      | $508085.94    | 0.30%             | 2027-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                     | JPMORGAN CHASE & CO 5.502000% 01/24/2036                                | CUSIP: 46647PEW2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35611.32     | 0.02%             | 2036-01-24      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2               | GINNIE MAE II POOL G2 MA9668                                            | CUSIP: 36179YW59<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    715096 | PA      | $715513.18    | 0.42%             | 2054-05-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 3.750000% 12/31/2030                                    | CUSIP: 91282CJQ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   3250000 | PA      | $3239335.94   | 1.89%             | 2030-12-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2               | GINNIE MAE II POOL G2 MA7935                                            | CUSIP: 36179WY85<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    241725 | PA      | $197234.86    | 0.11%             | 2052-03-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AUTOZONE, INC.                                           | AUTOZONE INC 5.125000% 06/15/2030                                       | CUSIP: 053332BM3<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102292.22    | 0.06%             | 2030-06-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Republica del Peru                                       | REPUBLIC OF PERU 5.875000% 08/08/2054                                   | CUSIP: 715638EC2<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    100000 | PA      | $94700.00     | 0.06%             | 2054-08-08      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORPORATION                              | WESTPAC BANKING CORP 5.535000% 11/17/2028                               | CUSIP: 961214FN8<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | NUSS              | AU        |    250000 | PA      | $261718.13    | 0.15%             | 2028-11-17      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 1.875000% 02/15/2051                                    | CUSIP: 912810SU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    300000 | PA      | $170414.06    | 0.10%             | 2051-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| FISERV, INC.                                             | FISERV INC 5.150000% 08/12/2034                                         | CUSIP: 337738BN7<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98293.23     | 0.06%             | 2034-08-12      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd.                                             | NUTRIEN LTD 5.200000% 06/21/2027                                        | CUSIP: 67077MBC1<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | NUSS              | CA        |    100000 | PA      | $101517.13    | 0.06%             | 2027-06-21      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| THE CHARLES SCHWAB CORPORATION                           | CHARLES SCHWAB CORP/THE 5.853000% 05/19/2034                            | CUSIP: 808513CE3<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    200000 | PA      | $208969.16    | 0.12%             | 2034-05-19      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| BECTON, DICKINSON AND COMPANY                            | BECTON DICKINSON & CO 5.110000% 02/08/2034                              | CUSIP: 075887CS6<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99497.57     | 0.06%             | 2034-02-08      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.375000% 12/15/2026                                    | CUSIP: 91282CJP7<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   5000000 | PA      | $5053320.30   | 2.94%             | 2026-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED EDISON COMPANY OF NEW YORK, INC.            | CONSOLIDATED EDISON CO OF NEW YORK INC 3.950000% 04/01/2050             | CUSIP: 209111FY4<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    150000 | PA      | $114830.00    | 0.07%             | 2050-04-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| AMGEN INC.                                               | AMGEN INC 5.600000% 03/02/2043                                          | CUSIP: 031162DS6<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97292.69     | 0.06%             | 2043-03-02      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| THE FEDERAL HOME LOAN BANKS                              | FEDERAL HOME LOAN BANK 4.000000% 06/30/2028                             | CUSIP: 3130AWN63<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    250000 | PA      | $252939.94    | 0.15%             | 2028-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Electric and Power Company                      | VIRGINIA ELECTRIC AND POWER CO 5.150000% 03/15/2035                     | CUSIP: 927804GT5<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98773.46     | 0.06%             | 2035-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 3.750000% 08/31/2031                                    | CUSIP: 91282CLJ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    400000 | PA      | $396875.00    | 0.23%             | 2031-08-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC POOL FR SD8243                                              | CUSIP: 3132DWEQ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |   1159902 | PA      | $1047409.79   | 0.61%             | 2052-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BHP BILLITON FINANCE (USA) LIMITED                       | BHP BILLITON FINANCE USA LTD 5.250000% 09/08/2033                       | CUSIP: 055451BE7<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | NUSS              | AU        |    150000 | PA      | $151690.62    | 0.09%             | 2033-09-08      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.000000% 01/31/2029                                    | CUSIP: 91282CJW2<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   5500000 | PA      | $5567031.25   | 3.24%             | 2029-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| APPLE INC.                                               | APPLE INC 2.375000% 02/08/2041                                          | CUSIP: 037833EE6<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    150000 | PA      | $103892.97    | 0.06%             | 2041-02-08      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY COMPANY LLC                      | ONCOR ELECTRIC DELIVERY CO LLC 144A 5.800000% 04/01/2055                | CUSIP: 68233JDA9<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    125000 | PA      | $123458.74    | 0.07%             | 2055-04-01      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WORLDWIDE INC.                      | ANHEUSER-BUSCH INBEV WORLDWIDE INC 3.500000% 06/01/2030                 | CUSIP: 035240AV2<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | BE        |    250000 | PA      | $240052.17    | 0.14%             | 2030-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.375000% 05/15/2041                                    | CUSIP: 912810QQ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    300000 | PA      | $293250.00    | 0.17%             | 2041-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE CORPORATION                       | AMERICAN HONDA FINANCE CORP MTN 5.050000% 07/10/2031                    | CUSIP: 02665WFL0<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101542.68    | 0.06%             | 2031-07-10      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Korea Development Bank                                   | KOREA DEVELOPMENT BANK 4.500000% 02/15/2029                             | CUSIP: 500630ED6<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $201866.51    | 0.12%             | 2029-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                         | PACIFIC GAS AND ELECTRIC CO 6.750000% 01/15/2053                        | CUSIP: 694308KH9<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151001.94    | 0.09%             | 2053-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL BUSINESS MACHINES CORPORATION              | INTERNATIONAL BUSINESS MACHINES CORP 5.100000% 02/06/2053               | CUSIP: 459200KZ3<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    200000 | PA      | $180190.91    | 0.10%             | 2053-02-06      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.375000% 08/15/2043                                    | CUSIP: 912810TU2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2100000 | PA      | $2024859.38   | 1.18%             | 2043-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COMPANY OF COLORADO                       | PUBLIC SERVICE CO OF COLORADO 5.350000% 05/15/2034                      | CUSIP: 744448CZ2<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100581.46    | 0.06%             | 2034-05-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY, INC.                                 | DIAMONDBACK ENERGY INC 5.400000% 04/18/2034                             | CUSIP: 25278XAZ2<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97760.10     | 0.06%             | 2034-04-18      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| THE CIGNA GROUP                                          | CIGNA GROUP/THE 5.250000% 02/15/2034                                    | CUSIP: 125523CV0<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50402.34     | 0.03%             | 2034-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN FS5342                                               | CUSIP: 3140XL5C8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    124639 | PA      | $125484.54    | 0.07%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                                  | ASTRAZENECA FINANCE LLC 4.850000% 02/26/2029                            | CUSIP: 04636NAL7<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | GB        |     65000 | PA      | $66443.99     | 0.04%             | 2029-02-26      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 2.875000% 05/15/2049                                    | CUSIP: 912810SH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    200000 | PA      | $144960.94    | 0.08%             | 2049-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC POOL FR SD8206                                              | CUSIP: 3132DWDK6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |   1706727 | PA      | $1483009.65   | 0.86%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| International Bank for Reconstruction and Development    | INTERNATIONAL BANK FOR RECONSTRUCTION & DEVELOPMEN 3.500000% 07/12/2028 | CUSIP: 459058KT9<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    250000 | PA      | $248769.84    | 0.14%             | 2028-07-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC POOL FR SD8382                                              | CUSIP: 3132DWJ38<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    536161 | PA      | $526015.30    | 0.31%             | 2053-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 3.875000% 08/15/2034                                    | CUSIP: 91282CLF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    600000 | PA      | $587718.75    | 0.34%             | 2034-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.000000% 12/15/2027                                    | CUSIP: 91282CMB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    500000 | PA      | $505332.03    | 0.29%             | 2027-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BANK                                                     | BANK 2019-BNK21 BANK 2019-BN21 A5                                       | CUSIP: 06540BBD0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    275000 | PA      | $252462.02    | 0.15%             | 2052-10-17      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                    | FANNIE MAE POOL FN FS5377                                               | CUSIP: 3140XL6P8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    905009 | PA      | $726942.01    | 0.42%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                        | CAPITAL ONE FINANCIAL CORP 7.624000% 10/30/2031                         | CUSIP: 14040HDC6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    250000 | PA      | $278480.06    | 0.16%             | 2031-10-30      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| PepsiCo Singapore Financing I Pte. Ltd.                  | PEPSICO SINGAPORE FINANCING I PTE LTD 4.550000% 02/16/2029              | CUSIP: 713466AB6<br>LEI: 254900DOMTCMUFROFJ76 | Long             | DBT              | NUSS              | US        |    150000 | PA      | $151824.44    | 0.09%             | 2029-02-16      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS, L.P.                              | HOST HOTELS & RESORTS LP 5.500000% 04/15/2035                           | CUSIP: 44107TBC9<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96556.98     | 0.06%             | 2035-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ARTHUR J. GALLAGHER & CO.                                | ARTHUR J GALLAGHER & CO 5.150000% 02/15/2035                            | CUSIP: 04316JAN9<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74428.24     | 0.04%             | 2035-02-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                            | GOLDMAN SACHS GROUP INC/THE 5.536000% 01/28/2036                        | CUSIP: 38141GC44<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25246.67     | 0.01%             | 2036-01-28      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 2.375000% 05/15/2051                                    | CUSIP: 912810SX7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    200000 | PA      | $128218.75    | 0.07%             | 2051-05-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 4.500000% 11/15/2033                                    | CUSIP: 91282CJJ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   1800000 | PA      | $1855265.62   | 1.08%             | 2033-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                             | BARCLAYS PLC 6.224000% 05/09/2034                                       | CUSIP: 06738ECG8<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | NUSS              | GB        |    250000 | PA      | $260632.72    | 0.15%             | 2034-05-09      | Fixed         | 6.22%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS K511 A2         | CUSIP: 3137HB3G7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    400000 | PA      | $409542.72    | 0.24%             | 2028-10-25      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| APPLE INC.                                               | APPLE INC 4.300000% 05/10/2033                                          | CUSIP: 037833EV8<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200284.86    | 0.12%             | 2033-05-10      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| United States of America                                 | US TREASURY N/B 3.875000% 10/15/2027                                    | CUSIP: 91282CLQ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    500000 | PA      | $503300.78    | 0.29%             | 2027-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-04-30

**Name of Applicant:** ADVISER MANAGED TRUST

**Signature:** Glenn Kurdziel

**Name of Signer:** Glenn Kurdziel

**Title:** Controller and Chief Financial Officer