# EDGAR Filing Document

**Accession Number:** 0000035315
**File Stem:** 0000035402-26-000472
**Filing Date:** 2026-1
**Character Count:** 211828
**Document Hash:** 57a224b2761d43f24a17e3f9cc7e2580
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-26-000472.hdr.sgml**: 20260123

**ACCESSION NUMBER**: 0000035402-26-000472

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260123

**DATE AS OF CHANGE**: 20260123

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY SALEM STREET TRUST
- **CENTRAL INDEX KEY:** 0000035315

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02105
- **FILM NUMBER:** 26555416

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY FIXED INCOME TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY FLEXIBLE BOND FUND
- **DATE OF NAME CHANGE:** 19860904

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY CORPORATE BOND FUND INC
- **DATE OF NAME CHANGE:** 19851225

## Series and Classes Contracts Data

### Fidelity SAI Low Duration Bond Fund (Series ID: S000069440)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000221555 | Fidelity SAI Low Duration Bond Fund | FZOLX           |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity® SAI Low Duration Bond Fund**

**November 30, 2025**

Offered exclusively to certain clients of the Adviser, or its affiliates, including Strategic Advisers LLC (Strategic Advisers) - not available for sale to the general public. Fidelity® SAI is a product name of Fidelity® funds dedicated to certain programs affiliated with Strategic Advisers.

LDI-NPRT1-0126

1.9899559.105 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Asset-Backed Securities - 22.7%** | &nbsp;&nbsp;**Asset-Backed Securities - 22.7%** | &nbsp;&nbsp;**Asset-Backed Securities - 22.7%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| BAILIWICK OF JERSEY - 0.9%  |  |  |
| Hartwick Park Clo Ltd Series 2024-1A Class AR, CME Term SOFR 3 month Index + 1.16%, 5.0444% 1/20/2037 (b)(c)(d) | 15576000 | 15571327 |
| Neuberger Berman Ln Advisers Nbla Clo 50 Ltd / Neuberger Berman Ln Series 2024-50A Class AR, CME Term SOFR 3 month Index + 1.25%, 5.1098% 7/23/2036 (b)(c)(d) | 25000000 | 25007301 |
| Valley Stream Pk Clo Ltd / Vy Stream Pk Clo LLC Series 2024-1A Class ARR, CME Term SOFR 3 month Index + 1.19%, 5.0744% 1/20/2037 (b)(c)(d) | 11685000 | 11680793 |
| TOTAL BAILIWICK OF JERSEY |  | 52259421 |
| CANADA - 0.0%  |  |  |
| Chesapeake Funding II LLC Series 2023-1A Class A1, 5.65% 5/15/2035 (b) | 3465337 | 3485037 |
| Chesapeake Funding II LLC Series 2023-2A Class A1, 6.16% 10/15/2035 (b) | 796185 | 806564 |
| TOTAL CANADA |  | 4291601 |
| GRAND CAYMAN (UK OVERSEAS TER) - 3.4%  |  |  |
| Buckhorn Park Clo Ltd Series 2024-1A Class ARR, CME Term SOFR 3 month Index + 1.07%, 4.9544% 7/18/2034 (b)(c)(d) | 19000000 | 19004959 |
| Dryden 104 Clo Ltd / Dryden 104 Clo LLC Series 2024-104A Class A1R, CME Term SOFR 3 month Index + 1.29%, 5.179% 8/20/2034 (b)(c)(d) | 11316000 | 11334570 |
| Dryden 68 Clo Ltd Series 2024-68A Class ARR, CME Term SOFR 3 month Index + 1.1%, 5.0045% 7/15/2035 (b)(c)(d) | 17693000 | 17657809 |
| Flatiron Clo 28 Ltd / Flatiron Clo LLC Series 2025-1A Class A1R, CME Term SOFR 3 month Index + 1.08%, 4.9845% 7/15/2036 (b)(c)(d) | 29514000 | 29553342 |
| Invesco CLO 2021-3 Ltd Series 2025-3A Class A1R, CME Term SOFR 3 month Index + 1.08%, 4.9374% 10/22/2034 (b)(c)(d) | 17740000 | 17735157 |
| Madison Pk Fdg Xlv Ltd / Madison Pk Fdg Xlv LLC Series 2024-45A Class ARR, CME Term SOFR 3 month Index + 1.08%, 4.9845% 7/15/2034 (b)(c)(d) | 17591000 | 17600288 |
| Magnetite Xxii Ltd / Magnetite Xxii LLC Series 2024-22A Class ARR, CME Term SOFR 3 month Index + 1.25%, 5.1545% 7/15/2036 (b)(c)(d) | 17992000 | 17996678 |
| Oha Credit Funding 22 Ltd Series 2025-22A Class A1, CME Term SOFR 3 month Index + 1.33%, 5.614% 7/20/2038 (b)(c)(d) | 16813000 | 16844255 |
| Palmer Square Ln Fdg 2025-2 Ltd / Palmer Square Ln Fdg 2025-2 LLC Series 2025-2A Class A1, CME Term SOFR 3 month Index + 0.94%, 5.2277% 7/15/2033 (b)(c)(d) | 14130000 | 14127881 |
| Palmer Square Loan Funding Ltd / Palmer Square Loan Funding LLC Series 2022-2A Class A1, CME Term SOFR 3 month Index + 1.27%, 5.1745% 10/15/2030 (b)(c)(d) | 96313 | 96330 |
| Palmer Square Loan Funding Ltd Series 2024-2A Class A1N, CME Term SOFR 3 month Index + 1%, 4.9045% 1/15/2033 (b)(c)(d) | 2573080 | 2573903 |
| Palmer Square Loan Funding Ltd Series 2024-3A Class A1, CME Term SOFR 3 month Index + 1.08%, 4.945% 8/8/2032 (b)(c)(d) | 7139489 | 7142630 |
| Palmer Square Loan Funding Ltd Series 2024-3A Class A1AR, CME Term SOFR 3 month Index + 1.1%, 5.0045% 4/15/2031 (b)(c)(d) | 179087 | 178998 |
| RR Ltd Series 2025-16A Class A1R, CME Term SOFR 3 month Index + 1.05%, 4.9545% 7/15/2036 (b)(c)(d) | 7999000 | 7998816 |
| TCI-Symphony CLO Ltd Series 2021-1A Class AR, CME Term SOFR 3 month Index + 1.1916%, 5.0962% 7/15/2030 (b)(c)(d) | 2247971 | 2248823 |
| Voya Clo 2022-1 Ltd / Voya Clo 2022-1 LLC Series 2024-1A Class A1R, CME Term SOFR 3 month Index + 1.25%, 5.1344% 4/20/2035 (b)(c)(d) | 13911000 | 13938488 |
| Voya CLO Ltd Series 2024-2A Class AR, CME Term SOFR 3 month Index + 1.2%, 5.0844% 7/20/2032 (b)(c)(d) | 12450754 | 12460914 |
| TOTAL GRAND CAYMAN (UK OVERSEAS TER) |  | 208493841 |
| UNITED STATES - 18.4%  |  |  |
| Affirm Asset Securitization Trust Series 2024-X2 Class A, 5.22% 12/17/2029 (b) | 2302971 | 2304254 |
| Affirm Asset Securitization Trust Series 2025-X1 Class A, 5.08% 4/15/2030 (b) | 3388365 | 3394654 |
| Affirm Asset Securitization Trust Series 2025-X2 Class A, 4.45% 10/15/2030 (b) | 15175000 | 15189556 |
| Ally Auto Receivables Trust Series 2022-2 Class A3, 4.76% 5/17/2027  | 1306423 | 1307389 |
| Ally Auto Receivables Trust Series 2025-1 Class A2, 4.03% 7/17/2028  | 18910000 | 18916061 |
| ARI Fleet Lease Trust Series 2024-A Class A2, 5.3% 11/15/2032 (b) | 5863544 | 5898099 |
| ARI Fleet Lease Trust Series 2024-B Class A2, 5.54% 4/15/2033 (b) | 852130 | 858191 |
| Autonation Finance Trust Series 2025-1A Class A2, 4.72% 4/10/2028 (b) | 2839711 | 2845842 |
| BofA Auto Trust Series 2025-1A Class A2A, 4.52% 11/22/2027 (b) | 5289464 | 5298690 |
| Capital One Prime Auto Receivables Trust Series 2024-1 Class A2A, 4.61% 10/15/2027  | 7817663 | 7827853 |
| Capital One Prime Auto Receivables Trust Series 2025-1 Class A2A, 3.88% 1/16/2029  | 19700000 | 19723652 |
| CarMax Auto Owner Trust Series 2024-2 Class A2A, 5.65% 5/17/2027  | 1268631 | 1269645 |
| CarMax Auto Owner Trust Series 2024-3 Class A2A, 5.21% 9/15/2027  | 4600481 | 4610795 |
| CarMax Auto Owner Trust Series 2025-3 Class A2A, 4.42% 8/15/2028  | 19645000 | 19701868 |
| Carmax Auto Owner Trust Series 2025-4 Class A2A, 3.95% 3/15/2029  | 15400000 | 15407788 |
| CarMax Select Receivables Trust Series 2024-A Class A2A, 5.78% 9/15/2027  | 250210 | 250773 |
| Carvana Auto Receivables Trust 2025-P2 Series 2025-P2 Class A2, 4.56% 8/10/2028  | 16536452 | 16567074 |
| Carvana Auto Receivables Trust Series 2024-P4 Class A2, 4.62% 2/10/2028  | 2939386 | 2941446 |
| Carvana Auto Receivables Trust Series 2025-P1 Class A2, 4.5% 6/12/2028  | 2665048 | 2667420 |
| Carvana Auto Receivables Trust Series 2025-P3 Class A2, 4.07% 2/12/2029  | 15985000 | 15976996 |
| Chase Auto Owner Trust Series 2024-1A Class A3, 5.13% 5/25/2029 (b) | 12511247 | 12623535 |
| Chase Auto Owner Trust Series 2024-2A Class A3, 5.52% 6/25/2029 (b) | 14095343 | 14282629 |
| Chase Auto Owner Trust Series 2024-3A Class A2, 5.53% 9/27/2027 (b) | 898479 | 899627 |
| Chase Auto Owner Trust Series 2024-4A Class A2, 5.25% 9/27/2027 (b) | 2505490 | 2509340 |
| Dell Equip Fin Trust Series 2025-1 Class A2, 4.68% 7/22/2027 (b) | 2675000 | 2682785 |
| Dell Equipment Finance Trust Series 2024-2 Class A2, 4.69% 8/22/2030 (b) | 8302176 | 8317298 |
| Dext Abs LLC Series 2025-1 Class A2, 4.59% 8/16/2027 (b) | 4017741 | 4025902 |
| DLLAA LLC Series 2025-1A Class A2, 4.7% 10/20/2027 (b) | 6217052 | 6235892 |
| Dllad LLC Series 2025-1A Class A2, 4.46% 11/20/2028 (b) | 11855000 | 11915247 |
| DLLAD Series 2024-1A Class A2, 5.5% 8/20/2027 (b) | 3263465 | 3278584 |
| DLLST Series 2024-1A Class A3, 5.05% 8/20/2027 (b) | 3156884 | 3169770 |
| DRIVE Series 2025-1 Class A2, 4.87% 8/15/2028  | 7584236 | 7601188 |
| Enterprise Fleet Financing 2025-2 LLC Series 2025-2 Class A2, 4.51% 2/22/2028 (b) | 22802000 | 22895547 |
| Enterprise Fleet Financing LLC Series 2022-3 Class A2, 4.38% 7/20/2029 (b) | 105865 | 105891 |
| Enterprise Fleet Financing LLC Series 2023-1 Class A2, 5.51% 1/22/2029 (b) | 1271634 | 1273943 |
| Enterprise Fleet Financing LLC Series 2023-3 Class A2, 6.4% 3/20/2030 (b) | 2134276 | 2162752 |
| Enterprise Fleet Financing LLC Series 2024-1 Class A2, 5.23% 3/20/2030 (b) | 8551458 | 8615618 |
| Enterprise Fleet Financing LLC Series 2024-3 Class A2, 5.31% 4/20/2027 (b) | 6622281 | 6653868 |
| Enterprise Fleet Financing LLC Series 2024-4 Class A2, 4.69% 7/20/2027 (b) | 17772109 | 17826348 |
| Enterprise Fleet Financing LLC Series 2025-1 Class A2, 4.65% 10/20/2027 (b) | 15452805 | 15505092 |
| Enterprise Fleet Financing Series 2024-2 Class A2, 5.74% 12/20/2026 (b) | 1396465 | 1402269 |
| Exeter Automobile Receivables Trust Series 2025-3A Class A2, 4.83% 1/18/2028  | 12675192 | 12690981 |
| Exeter Automobile Receivables Trust Series 2025-4A Class A2, 4.53% 3/15/2028  | 14571000 | 14583954 |
| Exeter Select Automobile Receivables Trust Series 2025-1 Class A2, 4.83% 10/16/2028  | 492904 | 494227 |
| Exeter Select Automobile Receivables Trust Series 2025-2 Class A2, 4.54% 6/15/2029  | 9915000 | 9946857 |
| Fiaot Series 2025-1A Class A2, 4.31% 12/15/2028 (b) | 12135000 | 12137125 |
| Flatiron Clo 23 LLC Series 2025-1A Class AR, CME Term SOFR 3 month Index + 1.24%, 5.1216% 4/17/2036 (b)(c)(d) | 21508000 | 21529250 |
| Flatiron Rr Clo 22 LLC Series 2025-2A Class AR, CME Term SOFR 3 month Index + 0.91%, 4.8145% 10/15/2034 (b)(c)(d) | 18300000 | 18266255 |
| FORDO Series 2024-B Class A2A, 5.4% 4/15/2027  | 3244625 | 3250212 |
| GM Financial Automobile Leasing Trust Series 2024-2 Class A3, 5.39% 7/20/2027  | 12387538 | 12443333 |
| GM Financial Automobile Leasing Trust Series 2024-3 Class A3, 4.21% 10/20/2027  | 16900000 | 16919531 |
| GM Financial Consumer Automobile Receivables Trust Series 2022-2 Class A3, 3.1% 2/16/2027  | 355949 | 355760 |
| GM Financial Consumer Automobile Receivables Trust Series 2024-4 Class A2A, 4.53% 10/18/2027  | 6377749 | 6384312 |
| GM Financial Consumer Automobile Receivables Trust Series 2025-2 Class A2A, 4.4% 2/16/2028  | 17943839 | 17975837 |
| Gm Financial Leasing Trst Series 2025-3 Class A2A, 4.19% 10/20/2027  | 19105000 | 19143218 |
| GMF Floorplan Owner Revolving Trust Series 2024-1A Class A1, 5.13% 3/15/2029 (b) | 22000000 | 22305651 |
| GMF Floorplan Owner Revolving Trust Series 2024-1A Class A2, U.S. 30-Day Avg. SOFR Index + 0.75%, 4.892% 3/15/2029 (b)(c)(d) | 16000000 | 16010094 |
| GMF Floorplan Owner Revolving Trust Series 2024-3A Class A1, 4.68% 11/15/2028 (b) | 19600000 | 19732576 |
| GMF Floorplan Owner Revolving Trust Series 2025-1A Class A2, U.S. 30-Day Avg. SOFR Index + 0.6%, 4.742% 3/15/2029 (b)(c)(d) | 12980000 | 13004636 |
| Greensky Home Improvement Issuer Trust Series 2025-2A Class A2, 4.93% 6/25/2060 (b) | 1357349 | 1361640 |
| Greensky Home Improvement Series 2025-3A Class A1, 4.34% 12/27/2060 (b) | 15170000 | 15173896 |
| Harot Series 2025-2 Class A2A, 4.3% 1/18/2028  | 19648000 | 19677688 |
| Honda Auto Receivables Series 2024-2 Class A2, 5.48% 11/18/2026  | 575706 | 576162 |
| Honda Auto Receivables Series 2024-2 Class A3, 5.27% 11/20/2028  | 17000000 | 17156354 |
| HPEFS Equipment Trust Series 2024-2A Class A2, 5.5% 10/20/2031 (b) | 461273 | 461588 |
| Hyundai Auto Lease Securitization Trust Series 2023-C Class A3, 5.8% 12/15/2026 (b) | 6324611 | 6333083 |
| Hyundai Auto Lease Securitization Trust Series 2024-B Class A2A, 5.51% 10/15/2026 (b) | 128642 | 128721 |
| Hyundai Auto Lease Securitization Trust Series 2025-C Class A3, 4.36% 7/17/2028 (b) | 17460000 | 17562415 |
| Hyundai Auto Receivables Trust Series 2024-A Class A2A, 5.29% 4/15/2027  | 774645 | 775102 |
| Hyundai Auto Receivables Trust Series 2025-B Class A2A, 4.45% 8/15/2028  | 13240000 | 13272899 |
| John Deere Owner Trust Series 2024-A Class A2A, 5.19% 2/16/2027  | 1280570 | 1281126 |
| John Deere Owner Trust Series 2024-C Class A2B, U.S. 30-Day Avg. SOFR Index + 0.43%, 4.572% 8/16/2027 (c)(d) | 7141272 | 7143748 |
| Juniper Valley Park CLO LLC Series 2025-1A Class ARR, CME Term SOFR 3 month Index + 1.08%, 4.9644% 7/20/2036 (b)(c)(d) | 20000000 | 19979880 |
| Kubota Credit Owner Trust 2025-2 Series 2025-2A Class A2, 4.48% 4/17/2028 (b) | 10470000 | 10518494 |
| Kubota Credit Owner Trust Series 2024-2A Class A2, 5.45% 4/15/2027 (b) | 2895360 | 2906132 |
| Kubota Credit Owner Trust Series 2025-1A Class A2, 4.61% 12/15/2027 (b) | 19293549 | 19357761 |
| M&T Equipment Notes Series 2025-1A Class A2, 4.7% 12/16/2027 (b) | 9585000 | 9642528 |
| Marlette Funding Trust 2025-1 Series 2025-1A Class A, 4.75% 7/16/2035 (b) | 1019686 | 1021351 |
| Mercedes-Benz Auto Lease Trust Series 2024-A Class A2A, 5.44% 2/16/2027  | 4674380 | 4682199 |
| Mercedes-Benz Auto Lease Trust Series 2025-A Class A2A, 4.57% 4/17/2028  | 15125000 | 15205748 |
| MMAF Equipment Finance LLC Series 2023-A Class A2, 5.79% 11/13/2026 (b) | 403034 | 403276 |
| Nissan Master Owner Tr Receivable Series 2024-A Class A, U.S. 30-Day Avg. SOFR Index + 0.67%, 4.812% 2/15/2028 (b)(c)(d) | 24000000 | 24004207 |
| Oportun Funding Trust Series 2024-3 Class A, 5.26% 8/15/2029 (b) | 553302 | 552747 |
| Porsche Financial Auto Securitization Trust Series 2024-1A Class A2A, 4.45% 1/24/2028 (b) | 3427568 | 3428904 |
| Porsche Innovative Lease Owner Trust Series 2025-1A Class A2A, 4.6% 12/20/2027 (b) | 11114172 | 11143422 |
| Post Road Equipment Finance LLC Series 2025-1A Class A2, 4.9% 5/15/2031 (b) | 1641138 | 1652527 |
| RCKT Trust Series 2025-1A Class A, 4.9% 7/25/2034 (b) | 1276173 | 1279282 |
| Rcktl Series 2025-2A Class A, 4.48% 11/27/2034 (b) | 2480000 | 2480724 |
| Reach Abs Trust Series 2025-2A Class A, 4.93% 8/18/2032 (b) | 4251689 | 4267849 |
| Santander Drive Auto Receivables Trust Series 2025-2 Class A2, 4.71% 6/15/2028  | 12110838 | 12134049 |
| SBNA Auto Lease Trust Series 2024-C Class A3, 4.56% 2/22/2028 (b) | 17285906 | 17322701 |
| SCLP Series 2025-4 Class A, 4.24% 8/25/2035 (b) | 18741551 | 18738809 |
| SFS Auto Receivables Securitization Trust Series 2024-3A Class A2, 4.71% 5/22/2028 (b) | 2252078 | 2254247 |
| SFS Auto Receivables Securitization Trust Series 2025-2A Class A2, 4.52% 11/20/2028 (b) | 13456684 | 13475900 |
| Sfs Auto Receivables Securitization Trust Series 2025-3A Class A2, 4.11% 3/20/2029 (b) | 17010000 | 17019071 |
| Sfuel Series 2025-BA Class A2, 4.31% 5/22/2028 (b) | 21000000 | 21062448 |
| Sofi Consumer Loan Program Series 2025-3 Class A, 4.47% 8/15/2034 (b) | 4146913 | 4155691 |
| Tesla Auto Lease Trust Series 2024-B Class A2A, 4.79% 1/20/2027 (b) | 2215976 | 2217654 |
| Toyota Auto Receivables 2022-C Owner Tr Series 2022-C Class A3, 3.76% 4/15/2027  | 1185713 | 1185072 |
| Toyota Auto Receivables Owner Trust Series 2023-A Class A3, 4.63% 9/15/2027  | 5561732 | 5572695 |
| Toyota Auto Receivables Owner Trust Series 2024-B Class A2A, 5.41% 3/15/2027  | 1042672 | 1043301 |
| Toyota Lease Owner Trust Series 2023-B Class A3, 5.66% 11/20/2026 (b) | 1005366 | 1006885 |
| Toyota Lease Owner Trust Series 2024-B Class A3, 4.21% 9/20/2027 (b) | 29200000 | 29228812 |
| Upstart Securitization Trust Series 2023-3 Class A, 6.9% 10/20/2033 (b) | 1037500 | 1041790 |
| USAA Auto Owner Trust Series 2025-A Class A2, 3.98% 3/15/2028 (b) | 19900000 | 19902675 |
| USB Auto Owner Trust 2025-1 Series 2025-1A Class A2, 4.51% 6/15/2028 (b) | 19563199 | 19607173 |
| Verizon Master Trust Series 2025-3 Class A1A, 4.51% 3/20/2030  | 16945000 | 17071703 |
| Volkswagen Auto Lease Trust Series 2025-B Class A2A, 3.97% 4/20/2028  | 18210000 | 18210931 |
| Wheels Fleet Lease Funding 1 LLC Series 2023-2A Class A, 6.46% 8/18/2038 (b) | 6014125 | 6088049 |
| Wheels Fleet Lease Funding 1 LLC Series 2024-1A Class A2, 4.7926% 2/18/2039 (b)(c) | 10700913 | 10727869 |
| Wheels Fleet Lease Funding 1 LLC Series 2024-2A Class A2, CME Term SOFR 1 month Index + 1%, 4.9626% 6/21/2039 (b)(c)(d) | 7331668 | 7377417 |
| Wheels Fleet Lease Funding 1 LLC Series 2025-1A Class A2, CME Term SOFR 1 month Index + 0%, 4.9868% 1/18/2040 (b)(c)(d) | 19700000 | 19713816 |
| Woart Series 2025-B Class A2A, 4.38% 8/15/2028  | 23256777 | 23291034 |
| Woart Series 2025-C Class A2A, 4.19% 10/16/2028  | 22068000 | 22109702 |
| World Omni Auto Receivables Trust Series 2024-B Class A2A, 5.48% 9/15/2027  | 154346 | 154440 |
| World Omni Automobile Lease Securitization Trust Series 2024-A Class A2A, 5.32% 2/16/2027  | 2247644 | 2250838 |
| World Omni Select Auto Trust Series 2024-A Class A2A, 5.37% 2/15/2028  | 2116364 | 2118497 |
| World Omni Select Auto Trust Series 2025-A Class A2A, 4.14% 5/15/2030  | 15985000 | 15992174 |
| TOTAL UNITED STATES |  | 1119621876 |
| <br> **TOTAL ASSET-BACKED SECURITIES**<br> (Cost $1,382,361,922) |  | <br> **1384666739** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Bank Notes - 0.4%** | &nbsp;&nbsp;**Bank Notes - 0.4%** | &nbsp;&nbsp;**Bank Notes - 0.4%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| UNITED STATES - 0.4%  |  |  |
| Financials - 0.4% |  |  |
| Capital Markets - 0.4% |  |  |
| Goldman Sachs Bank USA 5.283% 3/18/2027 (c)<br>(Cost $23,433,135)<br>| 23400000 | **23474454** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Collateralized Mortgage Obligations - 0.1%** | &nbsp;&nbsp;**Collateralized Mortgage Obligations - 0.1%** | &nbsp;&nbsp;**Collateralized Mortgage Obligations - 0.1%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| UNITED STATES - 0.1%  |  |  |
| CFMT LLC Series 2024-HB13 Class A, 3% 5/25/2034 (b)(c) | 1659620 | 1638793 |
| Ocwen Loan Investment Trust Series 2023-HB1 Class A, 3% 6/25/2036 (b) | 122505 | 122000 |
| Ocwen Loan Investment Trust Series 2024-HB1 Class A, 3% 2/25/2037 (b) | 173929 | 171593 |
| Ocwen Loan Investment Trust Series 2025-HB1 Class A, 3% 6/25/2038 (b)(c) | 2728590 | 2670818 |
| TOTAL UNITED STATES |  | 4603204 |
| <br> **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS**<br> (Cost $4,530,169) |  | <br> **4603204** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Commercial Mortgage Securities - 2.3%** | &nbsp;&nbsp;**Commercial Mortgage Securities - 2.3%** | &nbsp;&nbsp;**Commercial Mortgage Securities - 2.3%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| UNITED STATES - 2.3%  |  |  |
| ALA Trust Series 2025-OANA Class A, CME Term SOFR 1 month Index + 1.7426%, 5.7016% 6/15/2040 (b)(c)(d) | 17695000 | 17761283 |
| BANK Series 2017-BNK5 Class ASB, 3.179% 6/15/2060  | 842614 | 836897 |
| Benchmark Mortgage Trust Series 2018-B2 Class ASB, 3.7802% 2/15/2051  | 1587716 | 1580127 |
| BLP Commercial Mortgage Trust Series 2024-IND2 Class A, CME Term SOFR 1 month Index + 1.3422%, 5.3011% 3/15/2041 (b)(c)(d) | 2472644 | 2472644 |
| BX Commercial Mortgage Trust 2024-XL5 Series 2024-XL5 Class A, CME Term SOFR 1 month Index + 1.3917%, 5.3506% 3/15/2041 (b)(c)(d) | 14459115 | 14459111 |
| BX Commercial Mortgage Trust 24-MDHS Series 2024-MDHS Class A, 5.6003% 5/15/2041 (b)(c) | 7498525 | 7503202 |
| BX Commercial Mortgage Trust Series 2022-LP2 Class A, CME Term SOFR 1 month Index + 1.0129%, 4.9719% 2/15/2039 (b)(c)(d) | 1899631 | 1896077 |
| BX Commercial Mortgage Trust Series 2023-XL3 Class A, CME Term SOFR 1 month Index + 1.7614%, 5.7204% 12/9/2040 (b)(c)(d) | 2838975 | 2838974 |
| BX Commercial Mortgage Trust Series 2024-GPA3 Class A, CME Term SOFR 1 month Index + 1.2928%, 5.2518% 12/15/2039 (b)(c)(d) | 1696018 | 1684809 |
| BX Trust 2024-CNY Series 2024-CNYN Class A, CME Term SOFR 1 month Index + 1.4419%, 5.4008% 4/15/2041 (b)(c)(d) | 6594753 | 6594753 |
| BX Trust 2025-ROIC Series 2025-ROIC Class A, CME Term SOFR 1 month Index + 1.1438%, 5.1028% 3/15/2030 (b)(c)(d) | 15426833 | 15397909 |
| BX Trust Series 2021-ACNT Class A, CME Term SOFR 1 month Index + 0.9645%, 4.9235% 11/15/2038 (b)(c)(d) | 8215886 | 8205697 |
| BX Trust Series 2021-BXMF Class A, CME Term SOFR 1 month Index + 0.7504%, 4.7094% 10/15/2026 (b)(c)(d) | 3238773 | 3230747 |
| BX Trust Series 2021-LBA Class AJV, CME Term SOFR 1 month Index + 0.9145%, 4.8735% 2/15/2036 (b)(c)(d) | 591000 | 590274 |
| BX Trust Series 2024-XL4 Class A, CME Term SOFR 1 month Index + 1.442%, 5.401% 2/15/2039 (b)(c)(d) | 5521809 | 5523535 |
| COMM Mortgage Trust Series 2017-CD4 Class ASB, 3.317% 5/10/2050  | 563968 | 561211 |
| CSAIL Commercial Mortgage Trust Series 2017-CX10 Class ASB, 3.3269% 11/15/2050  | 433088 | 430640 |
| DBJPM Mortgage Trust Series 2017-C6 Class ASB, 3.121% 6/10/2050  | 1102855 | 1094816 |
| Extended Stay America Trust Series 2025-ESH Class A, CME Term SOFR 1 month Index + 1.3%, 5.259% 10/15/2042 (b)(c)(d) | 9440000 | 9454730 |
| GS Mortgage Securities Trust Series 2017-GS8 Class AAB, 3.313% 11/10/2050  | 672677 | 668141 |
| JPMDB Commercial Mortgage Securities Trust Series 2016-C4 Class ASB, 2.9941% 12/15/2049  | 267211 | 265637 |
| Life Financial Services Trust Series 2022-BMR2 Class A1, CME Term SOFR 1 month Index + 1.2952%, 5.2542% 5/15/2039 (b)(c)(d) | 7914000 | 7628578 |
| MHP Commercial Mortgage Trust Series 2021-STOR Class A, CME Term SOFR 1 month Index + 0.8145%, 4.7735% 7/15/2038 (b)(c)(d) | 2275000 | 2270046 |
| Morgan Stanley Bank of America Merrill Lynch Trust Series 2017-C34 Class ASB, 3.354% 11/15/2052  | 1772035 | 1757225 |
| SREIT Trust Series 2021-MFP Class A, CME Term SOFR 1 month Index + 0.8453%, 4.8042% 11/15/2038 (b)(c)(d) | 4497868 | 4493665 |
| TCO Commercial Mortgage Trust Series 2024-DPM Class A, CME Term SOFR 1 month Index + 1.2429%, 5.2019% 12/15/2039 (b)(c)(d) | 6601000 | 6600996 |
| UBS Commercial Mortgage Trust Series 2017-C4 Class ASB, 3.366% 10/15/2050  | 1210395 | 1202630 |
| UBS Commercial Mortgage Trust Series 2017-C7 Class ASB, 3.586% 12/15/2050  | 2916967 | 2904584 |
| Wells Fargo Commercial Mortgage Trust Series 2017-C38 Class ASB, 3.261% 7/15/2050  | 340995 | 339450 |
| Wells Fargo Commercial Mortgage Trust Series 2017-C42 Class ASB, 3.488% 12/15/2050  | 498981 | 496479 |
| Wells Fargo Commercial Mortgage Trust Series 2024-GRP Class A, CME Term SOFR 1 month Index + 1.7913%, 5.7503% 10/15/2041 (b)(c)(d) | 7707000 | 7707319 |
| TOTAL UNITED STATES |  | 138452186 |
| <br> **TOTAL COMMERCIAL MORTGAGE SECURITIES**<br> (Cost $138,192,313) |  | <br> **138452186** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Non-Convertible Corporate Bonds - 45.4%** | &nbsp;&nbsp;**Non-Convertible Corporate Bonds - 45.4%** | &nbsp;&nbsp;**Non-Convertible Corporate Bonds - 45.4%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| AUSTRALIA - 0.7%  |  |  |
| Materials - 0.7% |  |  |
| Metals & Mining - 0.7% |  |  |
| Glencore Funding LLC 1.625% 4/27/2026 (b) | 24782000 | 24524631 |
| Glencore Funding LLC U.S. SOFR Averages Index + 0.75%, 4.8645% 10/1/2026 (b)(c)(d) | 20934000 | 20954903 |
| TOTAL AUSTRALIA |  | 45479534 |
| CANADA - 4.9%  |  |  |
| Energy - 0.1% |  |  |
| Oil, Gas & Consumable Fuels - 0.1% |  |  |
| Canadian Natural Resources Ltd 3.85% 6/1/2027  | 8000000 | 7966253 |
| Financials - 4.8% |  |  |
| Banks - 4.8% |  |  |
| Bank of Montreal 0.949% 1/22/2027 (c) | 20600000 | 20500986 |
| Bank of Montreal 4.567% 9/10/2027 (c) | 28606000 | 28707147 |
| Bank of Montreal 4.8743% 9/22/2028 (c) | 21000000 | 21002498 |
| Bank of Nova Scotia/The U.S. SOFR Index + 0.76%, 4.915% 9/15/2028 (c)(d) | 21480000 | 21494855 |
| Canadian Imperial Bank of Commerce U.S. SOFR Index + 0.8%, 4.9798% 9/8/2028 (c)(d) | 21000000 | 21025234 |
| Federation des Caisses Desjardins du Quebec U.S. SOFR Index + 0.63%, 4.6817% 1/27/2027 (b)(c)(d) | 23000000 | 23053457 |
| National Bank of Canada 4.95% 2/1/2028 (c) | 26561000 | 26829149 |
| Royal Bank of Canada 4.51% 10/18/2027 (c) | 24545000 | 24643421 |
| Royal Bank of Canada 5.069% 7/23/2027 (c) | 30425000 | 30620035 |
| Royal Bank of Canada U.S. SOFR Averages Index + 0.72%, 4.801% 10/18/2027 (c)(d) | 30000000 | 30079440 |
| Royal Bank of Canada U.S. SOFR Index + 0.7%, 4.6944% 11/3/2028 (c)(d) | 13000000 | 13012317 |
| Toronto Dominion Bank 4.568% 12/17/2026  | 31000000 | 31197854 |
|  |  | 292166393 |
| TOTAL CANADA |  | 300132646 |
| DENMARK - 0.2%  |  |  |
| Financials - 0.2% |  |  |
| Banks - 0.2% |  |  |
| Danske Bank A/S 4.298% 4/1/2028 (b)(c) | 12302000 | 12314887 |
| FINLAND - 0.3%  |  |  |
| Financials - 0.3% |  |  |
| Banks - 0.3% |  |  |
| Nordea Bank Abp U.S. SOFR Index + 0.7%, 4.8376% 3/17/2028 (b)(c)(d) | 20421000 | 20501459 |
| FRANCE - 1.4%  |  |  |
| Financials - 1.4% |  |  |
| Banks - 1.4% |  |  |
| BNP Paribas SA 1.323% 1/13/2027 (b)(c) | 10214000 | 10176860 |
| BNP Paribas SA 2.591% 1/20/2028 (b)(c) | 25000000 | 24543172 |
| Credit Agricole SA 1.247% 1/26/2027 (b)(c) | 30506000 | 30355827 |
| Societe Generale SA 1.792% 6/9/2027 (b)(c) | 21044000 | 20755830 |
| TOTAL FRANCE |  | 85831689 |
| GERMANY - 2.6%  |  |  |
| Consumer Discretionary - 1.6% |  |  |
| Automobiles - 1.6% |  |  |
| BMW US Capital LLC U.S. SOFR Averages Index + 0.8%, 4.7562% 8/13/2026 (b)(c)(d) | 22600000 | 22665533 |
| Mercedes-Benz Finance North America LLC 4.9% 1/9/2026 (b) | 12000000 | 12007670 |
| Mercedes-Benz Finance North America LLC U.S. SOFR Index + 0.63%, 4.6899% 7/31/2026 (b)(c)(d) | 22000000 | 22033382 |
| Mercedes-Benz Finance North America LLC U.S. SOFR Index + 0.78%, 4.8945% 4/1/2027 (b)(c)(d) | 14000000 | 14051199 |
| Volkswagen Group of America Finance LLC U.S. SOFR Index + 1.06%, 5.0162% 8/14/2026 (b)(c)(d) | 21978000 | 22043647 |
|  |  | 92801431 |
| Financials - 1.0% |  |  |
| Capital Markets - 1.0% |  |  |
| Deutsche Bank AG/New York NY 2.311% 11/16/2027 (c) | 23000000 | 22577530 |
| Deutsche Bank AG/New York NY 2.552% 1/7/2028 (c) | 27450000 | 26932762 |
| Deutsche Bank AG/New York NY 7.146% 7/13/2027 (c) | 13200000 | 13426838 |
|  |  | 62937130 |
| TOTAL GERMANY |  | 155738561 |
| IRELAND - 0.7%  |  |  |
| Financials - 0.3% |  |  |
| Banks - 0.1% |  |  |
| Bank of Ireland Group PLC 2.029% 9/30/2027 (b)(c) | 3933000 | 3863769 |
| Consumer Finance - 0.2% |  |  |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust 2.45% 10/29/2026  | 13279000 | 13079141 |
| TOTAL FINANCIALS |  | 16942910 |
| Industrials - 0.4% |  |  |
| Transportation Infrastructure - 0.4% |  |  |
| Avolon Holdings Funding Ltd 2.125% 2/21/2026 (b) | 20000000 | 19876626 |
| Avolon Holdings Funding Ltd 4.25% 4/15/2026 (b) | 3195000 | 3192301 |
|  |  | 23068927 |
| TOTAL IRELAND |  | 40011837 |
| ITALY - 0.2%  |  |  |
| Utilities - 0.2% |  |  |
| Electric Utilities - 0.2% |  |  |
| Enel Finance International NV 1.625% 7/12/2026 (b)(e) | 11493000 | 11316094 |
| JAPAN - 1.6%  |  |  |
| Communication Services - 0.0% |  |  |
| Diversified Telecommunication Services - 0.0% |  |  |
| NTT Finance Corp 4.567% 7/16/2027 (b) | 1008000 | 1015600 |
| Financials - 1.6% |  |  |
| Banks - 1.6% |  |  |
| Mitsubishi UFJ Financial Group Inc 1.538% 7/20/2027 (c) | 20200000 | 19866640 |
| Mitsubishi UFJ Financial Group Inc 1.64% 10/13/2027 (c) | 19894000 | 19470357 |
| Mizuho Financial Group Inc 1.234% 5/22/2027 (c) | 22900000 | 22586029 |
| Mizuho Financial Group Inc 1.554% 7/9/2027 (c) | 8337000 | 8207559 |
| Sumitomo Mitsui Financial Group Inc 1.402% 9/17/2026  | 28290000 | 27711235 |
|  |  | 97841820 |
| TOTAL JAPAN |  | 98857420 |
| NETHERLANDS - 1.8%  |  |  |
| Financials - 1.3% |  |  |
| Banks - 1.3% |  |  |
| ABN AMRO Bank NV 1.542% 6/16/2027 (b)(c) | 8611000 | 8485320 |
| ABN AMRO Bank NV U.S. SOFR Averages Index + 1.78%, 5.9126% 9/18/2027 (b)(c)(d) | 17900000 | 18068288 |
| ING Groep NV 1.726% 4/1/2027 (c) | 21004000 | 20832250 |
| ING Groep NV 4.017% 3/28/2028 (c) | 9500000 | 9485928 |
| ING Groep NV 6.083% 9/11/2027 (c) | 24835000 | 25189132 |
|  |  | 82060918 |
| Information Technology - 0.5% |  |  |
| Semiconductors & Semiconductor Equipment - 0.5% |  |  |
| NXP BV / NXP Funding LLC / NXP USA Inc 3.875% 6/18/2026  | 14600000 | 14577598 |
| NXP BV / NXP Funding LLC 5.35% 3/1/2026  | 15000000 | 15007009 |
|  |  | 29584607 |
| TOTAL NETHERLANDS |  | 111645525 |
| SWEDEN - 0.1%  |  |  |
| Financials - 0.1% |  |  |
| Banks - 0.1% |  |  |
| Svenska Handelsbanken AB 1.418% 6/11/2027 (b)(c) | 8330000 | 8214382 |
| SWITZERLAND - 0.8%  |  |  |
| Financials - 0.8% |  |  |
| Capital Markets - 0.8% |  |  |
| UBS Group AG 1.364% 1/30/2027 (b)(c) | 25000000 | 24878335 |
| UBS Group AG 1.494% 8/10/2027 (b)(c) | 23000000 | 22570816 |
| TOTAL SWITZERLAND |  | 47449151 |
| UNITED KINGDOM - 3.2%  |  |  |
| Consumer Staples - 0.1% |  |  |
| Tobacco - 0.1% |  |  |
| BAT International Finance PLC 1.668% 3/25/2026  | 6815000 | 6760788 |
| Financials - 2.5% |  |  |
| Banks - 2.5% |  |  |
| Barclays PLC 2.279% 11/24/2027 (c) | 20000000 | 19627059 |
| Barclays PLC 5.829% 5/9/2027 (c) | 31250000 | 31462753 |
| Barclays PLC 6.496% 9/13/2027 (c) | 2000000 | 2034183 |
| HSBC Holdings PLC 2.251% 11/22/2027 (c) | 13000000 | 12761840 |
| Lloyds Banking Group PLC 1.627% 5/11/2027 (c) | 24446000 | 24166965 |
| Lloyds Banking Group PLC U.S. SOFR Averages Index + 1.56%, 5.5595% 8/7/2027 (c)(d) | 18000000 | 18133728 |
| NatWest Group PLC 1.642% 6/14/2027 (c) | 7764000 | 7658335 |
| NatWest Group PLC 5.583% 3/1/2028 (c) | 5200000 | 5291035 |
| NatWest Group PLC 5.847% 3/2/2027 (c) | 30939000 | 31056383 |
|  |  | 152192281 |
| Health Care - 0.4% |  |  |
| Pharmaceuticals - 0.4% |  |  |
| GlaxoSmithKline Capital PLC U.S. SOFR Index + 0.5%, 4.6586% 3/12/2027 (c)(d) | 25080000 | 25169636 |
| Industrials - 0.2% |  |  |
| Aerospace & Defense - 0.2% |  |  |
| BAE Systems Holdings Inc 3.85% 12/15/2025 (b) | 12550000 | 12547379 |
| TOTAL UNITED KINGDOM |  | 196670084 |
| UNITED STATES - 26.9%  |  |  |
| Consumer Discretionary - 2.9% |  |  |
| Automobiles - 1.9% |  |  |
| American Honda Finance Corp U.S. SOFR Index + 0.55%, 4.5031% 5/11/2026 (c)(d) | 22000000 | 22023114 |
| American Honda Finance Corp U.S. SOFR Index + 0.65%, 4.6028% 5/20/2026 (c)(d) | 32000000 | 32045197 |
| General Motors Financial Co Inc 5.25% 3/1/2026  | 23650000 | 23660617 |
| Hyundai Capital America 5.45% 6/24/2026 (b) | 13511000 | 13600522 |
| Hyundai Capital America U.S. SOFR Index + 1.12%, 5.2436% 6/23/2027 (b)(c)(d) | 21530000 | 21641092 |
|  |  | 112970542 |
| Leisure Products - 0.4% |  |  |
| Mattel Inc 5.875% 12/15/2027 (b) | 21570000 | 21584260 |
| Specialty Retail - 0.6% |  |  |
| Home Depot Inc/The U.S. SOFR Index + 0.33%, 4.4697% 12/24/2025 (c)(d) | 17610000 | 17612577 |
| Ross Stores Inc 0.875% 4/15/2026  | 18982000 | 18742301 |
|  |  | 36354878 |
| TOTAL CONSUMER DISCRETIONARY |  | 170909680 |
| Consumer Staples - 1.3% |  |  |
| Beverages - 0.4% |  |  |
| Keurig Dr Pepper Inc U.S. SOFR Index + 0.58%, 4.5339% 11/15/2026 (c)(d) | 26204000 | 26197216 |
| Consumer Staples Distribution & Retail - 0.5% |  |  |
| Mars Inc 4.45% 3/1/2027 (b) | 9469000 | 9533176 |
| Walmart Inc U.S. SOFR Averages Index + 0.43%, 4.4755% 4/28/2027 (c)(d) | 21313000 | 21383947 |
|  |  | 30917123 |
| Food Products - 0.1% |  |  |
| Campbell's Company/The 5.3% 3/20/2026  | 3502000 | 3513306 |
| Tobacco - 0.3% |  |  |
| Philip Morris International Inc 4.875% 2/13/2026  | 5000000 | 5004392 |
| Philip Morris International Inc U.S. SOFR Index + 0.66%, 4.6847% 10/27/2028 (c)(d) | 13237000 | 13248088 |
|  |  | 18252480 |
| TOTAL CONSUMER STAPLES |  | 78880125 |
| Energy - 1.1% |  |  |
| Oil, Gas & Consumable Fuels - 1.1% |  |  |
| Chevron USA Inc U.S. SOFR Averages Index + 0.36%, 4.3452% 2/26/2027 (c)(d) | 21318000 | 21358063 |
| EQT Corp 3.125% 5/15/2026 (b) | 5044000 | 5010193 |
| MPLX LP 1.75% 3/1/2026  | 11365000 | 11292205 |
| Transcontinental Gas Pipe Line Co LLC 7.85% 2/1/2026  | 22582000 | 22590250 |
| Williams Cos Inc/The 5.4% 3/2/2026  | 6000000 | 6020901 |
|  |  | 66271612 |
| Financials - 16.5% |  |  |
| Banks - 8.7% |  |  |
| Bank of America Corp 1.658% 3/11/2027 (c) | 23000000 | 22834656 |
| Bank of America Corp 1.734% 7/22/2027 (c) | 14920000 | 14687843 |
| Bank of America Corp 3.559% 4/23/2027 (c) | 23000000 | 22947038 |
| Citibank NA U.S. SOFR Index + 0.781%, 4.831% 5/29/2027 (c)(d) | 25100000 | 25223567 |
| Citigroup Inc U.S. SOFR Index + 1.1143%, 5.1182% 5/7/2028 (c)(d) | 19000000 | 19112530 |
| Fifth Third Bancorp 1.707% 11/1/2027 (c) | 13000000 | 12700815 |
| Huntington National Bank/The U.S. SOFR Index + 0.72%, 4.8173% 4/12/2028 (c)(d) | 18225000 | 18214530 |
| JPMorgan Chase & Co 1.04% 2/4/2027 (c) | 23950000 | 23824584 |
| JPMorgan Chase & Co 1.47% 9/22/2027 (c) | 17000000 | 16645535 |
| JPMorgan Chase & Co 1.578% 4/22/2027 (c) | 28000000 | 27717764 |
| JPMorgan Chase & Co 6.07% 10/22/2027 (c) | 28456000 | 28940802 |
| Morgan Stanley Bank NA 4.447% 10/15/2027 (c) | 18500000 | 18560697 |
| Morgan Stanley Bank NA U.S. SOFR Index + 0.685%, 4.7812% 10/15/2027 (c)(d) | 24500000 | 24549138 |
| Morgan Stanley Private Bank NA U.S. SOFR Index + 0.77%, 4.8686% 7/6/2028 (c)(d) | 22100000 | 22143489 |
| Morgan Stanley Private Bank NA U.S. SOFR Index + 0.78%, 4.7485% 11/17/2028 (c)(d) | 19600000 | 19616150 |
| PNC Bank NA U.S. SOFR Index + 0.73%, 4.805% 7/21/2028 (c)(d) | 16414000 | 16411161 |
| PNC Financial Services Group Inc/The 5.102% 7/23/2027 (c) | 23000000 | 23126922 |
| Truist Bank U.S. SOFR Index + 0.77%, 4.8267% 7/24/2028 (c)(d) | 22000000 | 22007421 |
| Truist Financial Corp 6.047% 6/8/2027 (c) | 19300000 | 19475347 |
| US Bancorp 6.787% 10/26/2027 (c) | 17119000 | 17520234 |
| US Bank NA/Cincinnati OH U.S. SOFR Index + 0.91%, 4.8639% 5/15/2028 (c)(d) | 32800000 | 32929538 |
| Wells Fargo & Co 3.196% 6/17/2027 (c) | 24200000 | 24080305 |
| Wells Fargo & Co 3.526% 3/24/2028 (c) | 14790000 | 14682689 |
| Wells Fargo & Co 4.9% 1/24/2028 (c) | 22249000 | 22439402 |
| Wells Fargo & Co 5.707% 4/22/2028 (c) | 13770000 | 14063135 |
|  |  | 524455292 |
| Capital Markets - 5.3% |  |  |
| Athene Global Funding 1.608% 6/29/2026 (b) | 7905000 | 7787668 |
| Athene Global Funding 2.95% 11/12/2026 (b) | 7545000 | 7458825 |
| Athene Global Funding 4.86% 8/27/2026 (b) | 26208000 | 26320920 |
| Athene Global Funding 4.95% 1/7/2027 (b) | 24000000 | 24190036 |
| Bank of New York Mellon Corp/The U.S. SOFR Averages Index + 0.68%, 4.8565% 6/9/2028 (c)(d) | 25000000 | 25045483 |
| Equitable America Global Funding U.S. SOFR Index + 0.71%, 4.865% 9/15/2027 (b)(c)(d) | 11806000 | 11818987 |
| Goldman Sachs Group Inc/The 1.093% 12/9/2026 (c) | 25000000 | 24981189 |
| Goldman Sachs Group Inc/The 1.431% 3/9/2027 (c) | 22330000 | 22161237 |
| Goldman Sachs Group Inc/The 1.542% 9/10/2027 (c) | 20000000 | 19600675 |
| Goldman Sachs Group Inc/The 1.948% 10/21/2027 (c) | 19800000 | 19410861 |
| Goldman Sachs Group Inc/The U.S. SOFR Index + 1.29%, 5.352% 4/23/2028 (c)(d) | 14935000 | 15057647 |
| Morgan Stanley 0.985% 12/10/2026 (c) | 16914000 | 16899443 |
| Morgan Stanley 1.512% 7/20/2027 (c) | 24220000 | 23817834 |
| Morgan Stanley 1.593% 5/4/2027 (c) | 31920000 | 31571317 |
| Sammons Financial Group Global Funding U.S. SOFR Index + 0.85%, 5.0467% 9/2/2027 (b)(c)(d) | 20600000 | 20681164 |
| State Street Bank & Trust Co U.S. SOFR Index + 0.46%, 4.4126% 11/25/2026 (c)(d) | 14768000 | 14810480 |
| State Street Corp U.S. SOFR Index + 0.95%, 5.0067% 4/24/2028 (c)(d) | 10395000 | 10459449 |
|  |  | 322073215 |
| Consumer Finance - 1.2% |  |  |
| American Express Co 5.645% 4/23/2027 (c) | 23000000 | 23142335 |
| Toyota Motor Credit Corp U.S. SOFR Averages Index + 0.45%, 4.5483% 4/10/2026 (c)(d) | 29800000 | 29827191 |
| Toyota Motor Credit Corp U.S. SOFR Index + 0.77%, 4.7203% 8/7/2026 (c)(d) | 22559000 | 22639100 |
|  |  | 75608626 |
| Financial Services - 0.2% |  |  |
| CNH Industrial Capital LLC 1.875% 1/15/2026  | 13905000 | 13856563 |
| Insurance - 1.1% |  |  |
| Brown & Brown Inc 4.6% 12/23/2026  | 7970000 | 8006769 |
| Equitable Financial Life Global Funding 4.6% 4/1/2027 (b) | 12548000 | 12621298 |
| Jackson National Life Global Funding 4.9% 1/13/2027 (b) | 18565000 | 18709220 |
| Jackson National Life Global Funding U.S. SOFR Index + 0.97%, 5.0673% 1/14/2028 (b)(c)(d) | 20150000 | 20202007 |
| Trinity Acq PLC 4.4% 3/15/2026  | 5715000 | 5714729 |
|  |  | 65254023 |
| TOTAL FINANCIALS |  | 1001247719 |
| Health Care - 1.1% |  |  |
| Health Care Providers & Services - 0.5% |  |  |
| CVS Health Corp 5% 2/20/2026  | 17156000 | 17174409 |
| HCA Inc 5.25% 6/15/2026  | 11731000 | 11740009 |
|  |  | 28914418 |
| Pharmaceuticals - 0.6% |  |  |
| Bristol-Myers Squibb Co U.S. SOFR Index + 0.49%, 4.4313% 2/20/2026 (c)(d) | 10569000 | 10576571 |
| Merck & Co Inc U.S. SOFR Index + 0.46%, 4.6365% 9/15/2027 (c)(d) | 20807000 | 20922687 |
| Pfizer Inc U.S. SOFR Index + 0.5%, 4.4277% 11/15/2027 (c)(d) | 5367000 | 5380283 |
|  |  | 36879541 |
| TOTAL HEALTH CARE |  | 65793959 |
| Industrials - 0.7% |  |  |
| Aerospace & Defense - 0.5% |  |  |
| Boeing Co 3.1% 5/1/2026  | 20400000 | 20303828 |
| RTX Corp 5.75% 11/8/2026  | 10707000 | 10863766 |
|  |  | 31167594 |
| Ground Transportation - 0.2% |  |  |
| CSX Corp 2.6% 11/1/2026  | 14669000 | 14486984 |
| TOTAL INDUSTRIALS |  | 45654578 |
| Information Technology - 1.0% |  |  |
| Electronic Equipment, Instruments & Components - 0.5% |  |  |
| Amphenol Corp U.S. SOFR Index + 0.53%, 4.4819% 11/15/2027 (c)(d) | 8714000 | 8727497 |
| Dell International LLC / EMC Corp 4.9% 10/1/2026  | 18020000 | 18116570 |
| Dell International LLC / EMC Corp 6.02% 6/15/2026  | 6126000 | 6162981 |
|  |  | 33007048 |
| Software - 0.3% |  |  |
| Oracle Corp 2.65% 7/15/2026  | 20000000 | 19815776 |
| Technology Hardware, Storage & Peripherals - 0.2% |  |  |
| Hewlett Packard Enterprise Co 4.45% 9/25/2026  | 10880000 | 10913322 |
| TOTAL INFORMATION TECHNOLOGY |  | 63736146 |
| Materials - 0.3% |  |  |
| Chemicals - 0.3% |  |  |
| Chevron Phillips Chemical Co LLC / Chevron Phillips Chemical Co LP 3.4% 12/1/2026 (b) | 16234000 | 16109122 |
| Real Estate - 0.8% |  |  |
| Office REITs - 0.5% |  |  |
| COPT Defense Properties LP 2.25% 3/15/2026  | 28296000 | 28116622 |
| Real Estate Management & Development - 0.1% |  |  |
| Essex Portfolio LP 3.375% 4/15/2026  | 8817000 | 8784857 |
| Specialized REITs - 0.2% |  |  |
| American Tower Corp 3.375% 10/15/2026  | 11345000 | 11277683 |
| TOTAL REAL ESTATE |  | 48179162 |
| Utilities - 1.2% |  |  |
| Electric Utilities - 0.8% |  |  |
| DTE Electric Co 4.25% 5/14/2027  | 4202000 | 4231163 |
| Eversource Energy 4.75% 5/15/2026  | 16000000 | 16045828 |
| NextEra Energy Capital Holdings Inc 4.685% 9/1/2027  | 10060000 | 10166476 |
| Oncor Electric Delivery Co LLC 4.5% 3/20/2027 (b) | 12370000 | 12463240 |
| Vistra Operations Co LLC 5.05% 12/30/2026 (b) | 5422000 | 5468906 |
|  |  | 48375613 |
| Multi-Utilities - 0.4% |  |  |
| Dominion Energy Inc 1.45% 4/15/2026  | 26750000 | 26480678 |
| TOTAL UTILITIES |  | 74856291 |
| TOTAL UNITED STATES |  | 1631638394 |
| <br> **TOTAL NON-CONVERTIBLE CORPORATE BONDS**<br> (Cost $2,751,168,369) |  | <br> **2765801663** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Certificates of Deposit - 1.6%** | &nbsp;&nbsp;**Certificates of Deposit - 1.6%** | &nbsp;&nbsp;**Certificates of Deposit - 1.6%** | &nbsp;&nbsp;**Certificates of Deposit - 1.6%** |
|  | Yield (%) (f) | Principal<br> Amount (a)<br>| Value ($)<br>|
| Barclays Bank PLC/NY yankee U.S. SOFR Index + 0.34%, 4.39% 12/31/2025 (c)(d) | 4.39 | 19000000 | 19003935 |
| Mitsubishi UFJ Trust & Banking Corp/NY yankee U.S. SOFR Index + 0.36%, 4.41% 7/23/2026 (c)(d) | 4.41 | 20000000 | 19999708 |
| Mizuho Bank Ltd/New York NY yankee U.S. SOFR Index + 0.4%, 4.45% 5/8/2026 (c)(d) | 4.45 | 25000000 | 25018580 |
| Svenska Handelsbanken/New York NY yankee U.S. SOFR Index + 0.4%, 4.45% 4/15/2026 (c)(d) | 4.45 | 34000000 | 34032820 |
| <br> **TOTAL CERTIFICATES OF DEPOSIT**<br> (Cost $98,000,000) |  |  | **98055043** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Commercial Paper - 2.1%** | &nbsp;&nbsp;**Commercial Paper - 2.1%** | &nbsp;&nbsp;**Commercial Paper - 2.1%** | &nbsp;&nbsp;**Commercial Paper - 2.1%** |
|  | Yield (%) (f) | Principal<br> Amount (a)<br>| Value ($)<br>|
| HSBC USA Inc U.S. SOFR Index + 0.55%, 4.6% 4/30/2026 (c)(d) | 4.60 | 24000000 | 24027516 |
| ING US Funding LLC U.S. SOFR Index + 0.3%, 4.21% 2/6/2026 (c)(d) | 4.21 | 24500000 | 24508345 |
| National Bank of Canada U.S. SOFR Index + 0.25%, 4.26% 12/17/2025 (c)(d) | 4.26 | 20000000 | 20001712 |
| Toronto Dominion Bank U.S. SOFR Index + 0.45%, 4.46% 4/27/2026 (c)(d) | 4.46 | 27000000 | 27031695 |
| Westpac Banking Corp U.S. SOFR Index + 0.4%, 4.45% 4/10/2026 (c)(d) | 4.45 | 34000000 | 34026629 |
| <br> **TOTAL COMMERCIAL PAPER**<br> (Cost $129,500,000) |  |  | **129595897** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Treasury Obligations - 24.5%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 24.5%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 24.5%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 24.5%** |
|  | Yield (%) (f) | Principal<br> Amount (a)<br>| Value ($)<br>|
| US Treasury Bills 0% 1/29/2026  | 4.20 | 42306700 | 42042564 |
| US Treasury Notes 3.5% 9/30/2026  | 4.24 to 4.26 | 224596700 | 224277350 |
| US Treasury Notes 3.625% 8/31/2027  | 3.56 to 3.66 | 250899000 | 251300830 |
| US Treasury Notes 4.125% 1/31/2027  | 3.89 to 4.36 | 680000000 | 683904690 |
| US Treasury Notes 4.25% 1/31/2026  | 4.16 to 5.02 | 291312700 | 291454942 |
| <br> **TOTAL U.S. TREASURY OBLIGATIONS**<br> (Cost $1,488,029,776) |  |  | **1492980376** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 0.2%** | &nbsp;&nbsp;**Money Market Funds - 0.2%** | &nbsp;&nbsp;**Money Market Funds - 0.2%** | &nbsp;&nbsp;**Money Market Funds - 0.2%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (g)<br>(Cost $14,818,713)<br>| 4.02 | 14815749 | **14818713** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 99.3%**<br> (Cost $6,030,034,397)<br>| <br>**6052448275** |
| **NET OTHER ASSETS (LIABILITIES) - 0.7%**  | **41679208** |
| **NET ASSETS - 100.0%** | **6094127483** |

---

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(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 institutional buyers. At the end of the period, the value of these securities amounted to $1,734,932,663 or 28.5% of net assets.

(c) Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end.

(d) Coupon is indexed to a floating interest rate which may be multiplied by a specified factor and/or subject to caps or floors.

(e) Security initially issued at one coupon which converts to a higher coupon at a specified date. The rate shown is the rate at period end.

(f) Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.

(g) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 230152360 | 735711301 | 951046481 | 1787062 | 1533 | - | 14818713 | 14815749 | 0.0% |
| Fidelity Securities Lending Cash Central Fund | - | 67854862 | 67854862 | 562 | - | - | - | - | 0.0% |
| Total | 230152360 | 803566163 | 1018901343 | 1787624 | 1533 | - | 14818713 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.

Amounts in the dividend income column for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium income received for lending certain types of securities.

**Investment Valuation**

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.

The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - Unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value investments by major category are as follows:

Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing services or from brokers who make markets in such securities. Certificates of Deposit, Commercial Paper, U.S. Treasury Obligations, Bank Notes and Non-Convertible Corporate Bonds are valued by pricing services who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. Asset-Backed Securities, Collateralized Mortgage Obligations and Commercial Mortgage Securities are valued by pricing services who utilize matrix pricing which considers prepayment speed assumptions, attributes of the collateral, yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.

Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

*The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.*

*Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Fidelity Salem Street Trust

- **b. Investment Company Act file number:** 811-02105

- **c. CIK number of Registrant:** 0000035315

- **d. LEI of Registrant:** S4W85DGKOEJ24DPRB829

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

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

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

- **a. Name of Series:** Fidelity SAI Low Duration Bond Fund

- **b. EDGAR series identifier (if any):** S000069440

- **c. LEI of Series:** 5493004JEUFBBU48WY15

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2025-11-30

**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:** $6097552814.85

**Total Liabilities:** $22746979.62

**Net Assets:** $6074805835.23

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 103551.15844776 | **1-Year:** 385752.14189395 | **5-Year:** 170331.92525883 | **10-Year:** 307.98885430 | **30-Year:** 0.00000000

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

- **3-Month:** 2721.48485161 | **1-Year:** 1510.48251723 | **5-Year:** 1070.29916279 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000221555 | 0.33%                | 0.41%                | 0.34%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1492435.45              | $1568996.29                                |
| Month 2  | $1685864.13              | $-3058938.94                               |
| Month 3  | $899036.76               | $366565.54                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BAE SYSTEMS HOLDINGS INC                                           | BAE SYSTEMS HOLDINGS INC 3.85% 12/15/2025 144A                                                   | CUSIP: 05523UAP5<br>LEI: MF62XBVMNYTYMC18DL76 | Long             | DBT              | CORP              | US        |  12550000 | PA      | $12547378.93  | 0.21%             | 2025-12-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| Fidelity Revere Street Trust                                       | Fidelity Cash Central Fund                                                                       | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  15711454 | NS      | $15714595.84  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MTRS FINL CO INC                                           | GENERAL MTRS FINL CO INC 5.25% 03/01/2026                                                        | CUSIP: 37045XBG0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |  23650000 | PA      | $23660617.43  | 0.39%             | 2026-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                            | HCA INC 5.25% 06/15/2026                                                                         | CUSIP: 404119BT5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |  11731000 | PA      | $11740009.53  | 0.19%             | 2026-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TRINITY ACQ PLC                                                    | TRINITY ACQ PLC 4.4% 03/15/2026                                                                  | CUSIP: 89641UAC5<br>LEI: 549300FJZWZN6MJNGB63 | Long             | DBT              | CORP              | GB        |   5715000 | PA      | $5714728.88   | 0.09%             | 2026-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                                                 | ESSEX PORTFOLIO LP 3.375% 04/15/2026                                                             | CUSIP: 29717PAQ0<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              | CORP              | US        |   8817000 | PA      | $8784857.01   | 0.14%             | 2026-04-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                | AMERICAN TOWER CORP 3.375% 10/15/2026                                                            | CUSIP: 03027XAK6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |  11345000 | PA      | $11277682.74  | 0.19%             | 2026-10-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                        | ORACLE CORP 2.65% 07/15/2026                                                                     | CUSIP: 68389XBM6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |  20000000 | PA      | $19815776.00  | 0.33%             | 2026-07-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                                           | CSX CORP 2.6% 11/01/2026                                                                         | CUSIP: 126408HE6<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |  14669000 | PA      | $14486984.11  | 0.24%             | 2026-11-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| JPMDB COML MTG SECS TR 2016-C4                                     | JPMDB COML MTG SECS TR 2016-C4 ASB 2.9941% 12/15/2049                                            | CUSIP: 46646RAK9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    267211 | PA      | $265637.33    | 0.00%             | 2049-12-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CHEVRON PHIL CHEM LLC /CHEV LP                                     | CHEVRON PHIL CHEM LLC /CHEV LP 3.4% 12/01/2026 144A                                              | CUSIP: 166754AP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  16234000 | PA      | $16109122.07  | 0.27%             | 2026-12-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| TRANSCONTINENTAL GAS PIPE LINE CO LLC                              | TRANSCONTINENTAL GAS LINE LLC 7.85% 02/01/2026                                                   | CUSIP: 893574AH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  22582000 | PA      | $22590249.66  | 0.37%             | 2026-02-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL MORTGAGE CD 2017-CD4 MTG TR                             | CD 2017-CD4 ASB 3.317% 05/10/2050                                                                | CUSIP: 12515DAP9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    563968 | PA      | $561211.40    | 0.01%             | 2050-05-10      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATURAL RESOURCES LTD                                     | CANADIAN NATL RESOURCES LTD 3.85% 06/01/2027                                                     | CUSIP: 136385AX9<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |   8000000 | PA      | $7966253.28   | 0.13%             | 2027-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DBJPM 2017-C6 MTG TR                                               | DBJPM 2017-C6 ASB 3.121% 06/50                                                                   | CUSIP: 23312JAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1102855 | PA      | $1094815.60   | 0.02%             | 2050-06-10      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BANK 2017-BNKS                                                     | BANK 2017-BNKS 3.179% 06/15/2060                                                                 | CUSIP: 06541WAU6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    842614 | PA      | $836897.04    | 0.01%             | 2060-06-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COML MTG TR 2017-C38                                   | WELLS FARGO COML MTG TR 2017-C38 3.261% 07/15/2050                                               | CUSIP: 95001MAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    340995 | PA      | $339450.26    | 0.01%             | 2050-07-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST 2017-C4                              | UBS COMMERCIAL MORTGAGE TRUST 2017-C4 3.366% 10/15/2050                                          | CUSIP: 90276RBC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1210395 | PA      | $1202630.28   | 0.02%             | 2050-10-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST 2017-C34        | MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST 2017-C34 ASB 3.354% 11/15/2052                | CUSIP: 61767EAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1772035 | PA      | $1757224.93   | 0.03%             | 2052-11-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| GS MTG SECS CORP TR 2012-BWTR                                      | GS MTG SECS CORP TR 2012-BWTR 3.313% 11/10/2050                                                  | CUSIP: 36254KAM4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    672677 | PA      | $668141.40    | 0.01%             | 2050-11-10      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CSAIL 2017-CX10 COML MTG TR                                        | CSAIL 2017-CX10 COMMERCIAL MORTGAGE TRUST 3.3269% 08/15/2026                                     | CUSIP: 12595JAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    433088 | PA      | $430640.13    | 0.01%             | 2050-11-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COML MTG TR 2017                                       | WFCM 2017-C42 ASB 3.488% 12/15/2050                                                              | CUSIP: 95001GAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    498981 | PA      | $496479.36    | 0.01%             | 2050-12-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| UBS COML MTG TR 2017-C7                                            | UBS COML MTG TR 2017-C7 3.586% 12/15/2050                                                        | CUSIP: 90276WAQ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2916967 | PA      | $2904584.17   | 0.05%             | 2050-12-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2018-B2 MTG TR                                           | BENCHMARK 2018-B2 MTG TR 3.7802% 02/15/2051                                                      | CUSIP: 08161CAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1587716 | PA      | $1580127.27   | 0.03%             | 2051-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                        | BANK OF AMERICA CORPORATION 3.559%/VAR 04/23/2027                                                | CUSIP: 06051GHT9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  23000000 | PA      | $22947038.13  | 0.38%             | 2027-04-23      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                          | BOEING CO 3.1% 05/01/2026                                                                        | CUSIP: 097023CH6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |  20400000 | PA      | $20303828.48  | 0.33%             | 2026-05-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO and CO                                                 | WELLS FARGO and CO NEW 3.196%/VAR 06/17/2027                                                     | CUSIP: 95000U2F9<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  24200000 | PA      | $24080304.38  | 0.40%             | 2027-06-17      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                              | ATHENE GLOBAL FUNDING 2.95% 11/12/2026 144A                                                      | CUSIP: 04685A2K6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   7545000 | PA      | $7458824.93   | 0.12%             | 2026-11-12      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| MATTEL INC                                                         | MATTEL INC 5.875% 12/15/2027 144A                                                                | CUSIP: 577081BD3<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |  21570000 | PA      | $21584259.50  | 0.36%             | 2027-12-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                       | UBS GROUP AG 1.364%/VAR 01/30/2027 144A                                                          | CUSIP: 902613AC2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  25000000 | PA      | $24878334.25  | 0.41%             | 2027-01-30      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                            | MPLX LP 1.75% 03/01/2026                                                                         | CUSIP: 55336VBR0<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |  11365000 | PA      | $11292205.13  | 0.19%             | 2026-03-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| COPT DEFENSE PROPERTIES LP                                         | COPT DEFENSE PROPERTIES LP 2.25% 03/15/2026                                                      | CUSIP: 22003BAL0<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              | CORP              | US        |  28296000 | PA      | $28116622.32  | 0.46%             | 2026-03-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| BAT INTERNATIONAL FINANCE PLC                                      | BAT INTL FINANCE PLC 1.668% 03/25/2026                                                           | CUSIP: 05530QAN0<br>LEI: 21380041YBGOQDFAC823 | Long             | DBT              | CORP              | GB        |   6815000 | PA      | $6760788.17   | 0.11%             | 2026-03-25      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| CNH INDUSTRIAL CAPITAL LLC                                         | CNH INDUSTRIAL CAPITAL LLC 1.875% 01/15/2026                                                     | CUSIP: 12592BAL8<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |  13905000 | PA      | $13856563.32  | 0.23%             | 2026-01-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| ROSS STORES INC                                                    | ROSS STORES INC 0.875% 04/15/2026                                                                | CUSIP: 778296AF0<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | DBT              | CORP              | US        |  18982000 | PA      | $18742301.19  | 0.31%             | 2026-04-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FUNDING LTD                                        | AVOLON HOLDINGS FUNDING LTD 4.25% 04/15/2026 144A                                                | CUSIP: 05401AAL5<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   3195000 | PA      | $3192301.47   | 0.05%             | 2026-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                                      | GOLDMAN SACHS GROUP INC (THE) 1.093%/VAR 12/09/2026                                              | CUSIP: 38141GXM1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  25000000 | PA      | $24981188.75  | 0.41%             | 2026-12-09      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                     | MORGAN STANLEY 0.985%/VAR 12/10/2026                                                             | CUSIP: 6174468V4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  16914000 | PA      | $16899442.63  | 0.28%             | 2026-12-10      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                        | BNP PARIBAS 1.323%/VAR 01/13/2027 144A                                                           | CUSIP: 09659W2N3<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |  10214000 | PA      | $10176860.36  | 0.17%             | 2027-01-13      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FUNDING LTD                                        | AVOLON HOLDINGS FUNDING LTD 2.125% 02/21/2026 144A                                               | CUSIP: 05401AAM3<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |  20000000 | PA      | $19876624.80  | 0.33%             | 2026-02-21      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                                 | CREDIT AGRICOLE SA 1.247%/VAR 01/26/2027 144A                                                    | CUSIP: 22535WAH0<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |  30506000 | PA      | $30355826.89  | 0.50%             | 2027-01-26      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL QUE                                               | BANK OF MONTREAL QUE 0.949%/VAR 01/22/2027                                                       | CUSIP: 06368EDC3<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |  20600000 | PA      | $20500986.31  | 0.34%             | 2027-01-22      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE and CO                                              | JPMORGAN CHASE and CO 1.04%/VAR 02/04/2027                                                       | CUSIP: 46647PBW5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  23950000 | PA      | $23824583.67  | 0.39%             | 2027-02-04      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP INC                                         | MIZUHO FINL GROUP INC 1.234%/VAR 05/22/2027                                                      | CUSIP: 60687YBP3<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |  22900000 | PA      | $22586028.86  | 0.37%             | 2027-05-22      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                                      | GOLDMAN SACHS GROUP INC (THE) 1.431%/VAR 03/09/2027                                              | CUSIP: 38141GYA6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  22330000 | PA      | $22161237.23  | 0.36%             | 2027-03-09      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                           | LLOYDS BANKING GROUP PLC 1.627%/VAR 05/11/2027                                                   | CUSIP: 53944YAP8<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |  24446000 | PA      | $24166964.56  | 0.40%             | 2027-05-11      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                        | BANK OF AMERICA CORPORATION 1.658%/VAR 03/11/2027                                                | CUSIP: 06051GJQ3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  23000000 | PA      | $22834655.53  | 0.38%             | 2027-03-11      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                       | ING GROEP NV 1.726%/VAR 04/01/2027                                                               | CUSIP: 456837AV5<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |  21004000 | PA      | $20832250.29  | 0.34%             | 2027-04-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                | DOMINION ENERGY INC 1.45% 04/15/2026                                                             | CUSIP: 25746UDJ5<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |  26750000 | PA      | $26480678.06  | 0.44%             | 2026-04-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE and CO                                              | JPMORGAN CHASE and CO 1.578%/VAR 04/22/2027                                                      | CUSIP: 46647PCB0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  28000000 | PA      | $27717763.92  | 0.46%             | 2027-04-22      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                        | BANK OF AMERICA CORPORATION 1.734%/VAR 07/22/2027                                                | CUSIP: 06051GJS9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  14920000 | PA      | $14687843.61  | 0.24%             | 2027-07-22      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                     | MORGAN STANLEY 1.593%/VAR 05/04/2027                                                             | CUSIP: 61772BAB9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  31920000 | PA      | $31571317.41  | 0.52%             | 2027-05-04      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| GLENCORE FDG LLC                                                   | GLENCORE FDG LLC 1.625% 04/27/2026 144A                                                          | CUSIP: 378272BD9<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |  24782000 | PA      | $24524631.25  | 0.40%             | 2026-04-27      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                           | EQT CORP 3.125% 05/15/2026 144A                                                                  | CUSIP: 26884LAM1<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   5044000 | PA      | $5010192.94   | 0.08%             | 2026-05-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                   | SOCIETE GENERALE FRANCE 1.792%/VAR 06/09/2027 144A                                               | CUSIP: 83368RBC5<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |  21044000 | PA      | $20755829.78  | 0.34%             | 2027-06-09      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| SVENSKA HANDELSBANKEN AB                                           | SVENSKA HANDELSBANKEN AB 1.418%/VAR 06/11/2027 144A                                              | CUSIP: 86959LAH6<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |   8330000 | PA      | $8214383.27   | 0.14%             | 2027-06-11      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                                      | GOLDMAN SACHS GROUP INC (THE) 1.542%/VAR 09/10/2027                                              | CUSIP: 38141GYG3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  20000000 | PA      | $19600675.00  | 0.32%             | 2027-09-10      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                                   | ABN AMRO BANK NV 1.542%/VAR 06/16/2027 144A                                                      | CUSIP: 00084DAU4<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   8611000 | PA      | $8485320.91   | 0.14%             | 2027-06-16      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                  | NATWEST GROUP PLC 1.642%/VAR 06/14/2027                                                          | CUSIP: 639057AC2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   7764000 | PA      | $7658335.07   | 0.13%             | 2027-06-14      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL LLC / EMC CORP                                  | DELL INTL/EMC CORP 6.02% 06/15/2026                                                              | CUSIP: 24703TAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6126000 | PA      | $6162981.07   | 0.10%             | 2026-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL LLC / EMC CORP                                  | DELL INTL/EMC CORP 4.9% 10/01/2026                                                               | CUSIP: 24703TAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  18020000 | PA      | $18116569.00  | 0.30%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                              | ATHENE GLOBAL FUNDING 1.608% 06/29/2026 144A                                                     | CUSIP: 04685A2Z3<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   7905000 | PA      | $7787668.06   | 0.13%             | 2026-06-29      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP INC                                         | MIZUHO FINL GROUP INC 1.554%/VAR 07/09/2027                                                      | CUSIP: 60687YBS7<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |   8337000 | PA      | $8207559.40   | 0.14%             | 2027-07-09      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                               | ENEL FINANCE INTL NV STEP 07/12/2026 144A                                                        | CUSIP: 29278GAM0<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |  11493000 | PA      | $11316093.77  | 0.19%             | 2026-07-12      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| MHP COML MTG TR 2021-STOR                                          | MERIT 2021-STOR A TSFR1M+81.448 07/15/2038 144A                                                  | CUSIP: 55293BAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2275000 | PA      | $2270045.73   | 0.04%             | 2038-07-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP INC                                 | MITSUBISHI UFJ FIN GRP INC 1.538%/VAR 07/20/2027                                                 | CUSIP: 606822BY9<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |  20200000 | PA      | $19866639.40  | 0.33%             | 2027-07-20      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                     | MORGAN STANLEY 1.512%/VAR 07/20/2027                                                             | CUSIP: 61747YEC5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  24220000 | PA      | $23817834.41  | 0.39%             | 2027-07-20      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                       | UBS GROUP AG 1.494%/VAR 08/10/2027 144A                                                          | CUSIP: 902613AH1<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  23000000 | PA      | $22570816.32  | 0.37%             | 2027-08-10      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINANCIAL GROUP INC                                | SUMITOMO MITSUI FINL GRP INC 1.402% 09/17/2026                                                   | CUSIP: 86562MCH1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |  28290000 | PA      | $27711234.98  | 0.46%             | 2026-09-17      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE and CO                                              | JPMORGAN CHASE and CO 1.47%/VAR 09/22/2027                                                       | CUSIP: 46647PCP9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  17000000 | PA      | $16645535.89  | 0.27%             | 2027-09-22      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| TCI-SYMPHONY CLO 2017-1 LTD / TCI-SYMPHONY CLO 2017-1 LLC          | TCI-SYMPHONY CLO 2017-1 LTD / TCI-SYMPHONY CLO 2017-1 LLC AR TSFR3M+119.161 07/15/2030 144A      | CUSIP: 87232BAF9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2247971 | PA      | $2248823.36   | 0.04%             | 2030-07-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| BANK OF IRELAND GROUP PLC                                          | BANK IRELAND GROUP PLC 2.029%/VAR 09/30/2027 144A                                                | CUSIP: 06279JAB5<br>LEI: 635400C8EK6DRI12LJ39 | Long             | DBT              | CORP              | IE        |   3933000 | PA      | $3863769.72   | 0.06%             | 2027-09-30      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP INC                                 | MITSUBISHI UFJ FIN GRP INC 1.64%/VAR 10/13/2027                                                  | CUSIP: 606822BZ6<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |  19894000 | PA      | $19470356.87  | 0.32%             | 2027-10-13      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                                      | GOLDMAN SACHS GROUP INC (THE) 1.948%/VAR 10/21/2027                                              | CUSIP: 38141GYM0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  19800000 | PA      | $19410860.90  | 0.32%             | 2027-10-21      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST          | AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST 2.45% 10/29/2026                       | CUSIP: 00774MAV7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |  13279000 | PA      | $13079140.56  | 0.22%             | 2026-10-29      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| BX 2021-BXMF                                                       | BX 2021-BXMF TSFR1M+75.041 10/15/2026 144A                                                       | CUSIP: 05609RAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3238773 | PA      | $3230747.45   | 0.05%             | 2026-10-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                                | FIFTH THIRD BANCORP 1.707%/VAR 11/01/2027                                                        | CUSIP: 316773DD9<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |  13000000 | PA      | $12700814.75  | 0.21%             | 2027-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BX TR 2021-ACNT                                                    | BX TR 2021-ACNT TSFR1M+96.448 11/15/2026 144A                                                    | CUSIP: 05609QAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8215886 | PA      | $8205697.01   | 0.14%             | 2038-11-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG NEW YORK BNCH                                     | DEUTSCHE BANK AG NEW YORK BNCH 2.311%/VAR 11/16/2027                                             | CUSIP: 251526CP2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | US        |  23000000 | PA      | $22577529.56  | 0.37%             | 2027-11-16      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| SREIT TR 2021-MFP                                                  | SREIT TR 2021-MFP TSFR1M+84.528 08 11/15/2038 144A                                               | CUSIP: 78472UAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4497868 | PA      | $4493665.36   | 0.07%             | 2038-11-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                  | HSBC HOLDINGS PLC 2.251%/VAR 11/22/2027                                                          | CUSIP: 404280CX5<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |  13000000 | PA      | $12761839.87  | 0.21%             | 2027-11-22      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                       | BARCLAYS PLC 2.279%/VAR 11/24/2027                                                               | CUSIP: 06738EBU8<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |  20000000 | PA      | $19627059.00  | 0.32%             | 2027-11-24      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG NEW YORK BNCH                                     | DEUTSCHE BANK AG NEW YORK BNCH 2.552%/VAR 01/07/2028                                             | CUSIP: 25160PAH0<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | US        |  27450000 | PA      | $26932761.85  | 0.44%             | 2028-01-07      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                        | BNP PARIBAS 2.591%/VAR 01/20/2028 144A                                                           | CUSIP: 09659W2T0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |  25000000 | PA      | $24543171.50  | 0.40%             | 2028-01-20      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2021-VINO                             | BX COMMERCIAL MORTGAGE TRUST 22-LP2 A TSFR1M+96.27 02/15/2039 144A                               | CUSIP: 05610HAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1899631 | PA      | $1896076.90   | 0.03%             | 2039-02-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO and CO                                                 | WELLS FARGO and CO NEW 3.526%/VAR 03/24/2028                                                     | CUSIP: 95000U2V4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  14790000 | PA      | $14682688.94  | 0.24%             | 2028-03-24      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                       | ING GROEP NV 4.017%/VAR 03/28/2028                                                               | CUSIP: 456837BB8<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   9500000 | PA      | $9485927.65   | 0.16%             | 2028-03-28      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                                                    | DANSKE BANK AS (UNGTD) 4.298%/VAR 04/01/2028 144A                                                | CUSIP: 23636ABC4<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |  12302000 | PA      | $12314886.84  | 0.20%             | 2028-04-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| GM FINL CONSUMER AUTOMOBILE RECEIVABLES TR 2022-2                  | GM FINL CONSUMER AUTOMOBILE RECEIVABLES TR 2022-2 3.1% 02/16/2027                                | CUSIP: 362585AC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    355949 | PA      | $355761.45    | 0.01%             | 2027-02-16      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE LN FDG 2022-2 LTD / PALMER SQUARE FDG 2022-2 LLC     | PALMER SQUARE LN FDG 2022-2 LTD / PALMER SQUARE FDG 2022-2 LLC A1 TSFR3M+127 10/15/2030 144A     | CUSIP: 69701NAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     96313 | PA      | $96330.47     | 0.00%             | 2030-10-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| LIFE FINANCIAL SERVICES TRUST 2022                                 | LIFE FINANCIAL SERVICES TRUST 2022 TSFR1M+129.524 05/15/2039 144A                                | CUSIP: 53218DAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7914000 | PA      | $7628578.42   | 0.13%             | 2039-05-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| NXP B V/NXP FDG LLC/NXP USA INC                                    | NXP B V/NXP FDG LLC/NXP USA INC 3.875% 06/18/2026                                                | CUSIP: 62954HAZ1<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |  14600000 | PA      | $14577598.78  | 0.24%             | 2026-06-18      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG LLC                                                 | NXP BV/NXP FDG LLC 5.35% 03/01/2026                                                              | CUSIP: 62947QBB3<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |  15000000 | PA      | $15007008.60  | 0.25%             | 2026-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TOYOTA AUTO RECEIVABLES 2022-C OWNER TR                            | TOYOTA AUTO RECEIVABLES 2022-C OWNER TR 3.76% 04/15/2027                                         | CUSIP: 89231CAD9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1185713 | PA      | $1185071.78   | 0.02%             | 2027-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE FLEET FING 2022-3 LLC                                   | ENTERPRISE FLEET FING 2022-3 LLC 4.38% 07/20/2029 144A                                           | CUSIP: 29374FAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    105865 | PA      | $105892.14    | 0.00%             | 2029-07-20      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ALLY AUTO RECEIVABLES TRUST 2022-2                                 | ALLY AUTO RECEIVABLES TRUST 2022-2 A3 4.76% 05/17/2027                                           | CUSIP: 02008MAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1306423 | PA      | $1307388.62   | 0.02%             | 2027-05-17      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TAOT 2023-A                                                        | TAOT 2023-A A3 4.63% 09/15/2027                                                                  | CUSIP: 891940AC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5561732 | PA      | $5572694.61   | 0.09%             | 2027-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC                                    | PHILIP MORRIS INTL INC 4.875% 02/13/2026                                                         | CUSIP: 718172CY3<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5004392.00   | 0.08%             | 2026-02-13      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                    | CVS HEALTH CORP 5% 02/20/2026                                                                    | CUSIP: 126650DS6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |  17156000 | PA      | $17174408.73  | 0.28%             | 2026-02-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE FLEET FING 2023-1 LLC                                   | ENTERPRISE FLEET FING 2023-1 LLC 5.51% 01/22/2029 144A                                           | CUSIP: 29375CAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1271634 | PA      | $1273942.95   | 0.02%             | 2029-01-22      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COS INC                                                   | WILLIAMS COS INC 5.4% 03/02/2026                                                                 | CUSIP: 969457CH1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6020901.48   | 0.10%             | 2026-03-02      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                  | NATWEST GROUP PLC 5.847%/VAR 03/02/2027                                                          | CUSIP: 639057AJ7<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |  30939000 | PA      | $31056383.18  | 0.51%             | 2027-03-02      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| BX 2021-LBA                                                        | BX 2021-LBA TSFR1M+91.45 02/15/2036 144A                                                         | CUSIP: 05609BCD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    591000 | PA      | $590273.66    | 0.01%             | 2036-02-15      | Floating      | 0.05%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE FUNDING II LLC                                          | CHESAPEAKE FUNDING II LLC 5.65% 05/15/2035 144A                                                  | CUSIP: 165183CU6<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-CBDO         | CORP              | US        |   3465337 | PA      | $3485037.12   | 0.06%             | 2035-05-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                       | BARCLAYS PLC 5.829%/VAR 05/09/2027                                                               | CUSIP: 06738ECF0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |  31250000 | PA      | $31462753.44  | 0.52%             | 2027-05-09      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                  | EVERSOURCE ENERGY 4.75% 05/15/2026                                                               | CUSIP: 30040WAV0<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |  16000000 | PA      | $16045828.00  | 0.26%             | 2026-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                              | TRUIST FINANCIAL CORP 6.047%/VAR 06/08/2027                                                      | CUSIP: 89788MAN2<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |  19300000 | PA      | $19475347.45  | 0.32%             | 2027-06-08      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| OCWEN LN INVT TR 2023-HB1                                          | OCWEN LN INVT TR 2023-HB1 A 3% 06/25/2036 144A                                                   | CUSIP: 67578KAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    122505 | PA      | $122001.21    | 0.00%             | 2036-06-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG NEW YORK BNCH                                     | DEUTSCHE BANK AG NEW YORK BNCH 7.146%/VAR 07/13/2027                                             | CUSIP: 25160PAN7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | US        |  13200000 | PA      | $13426838.83  | 0.22%             | 2027-07-13      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| MMAF EQUIPMENT FINANCE LLC 2023-A                                  | MMAF EQUIPMENT FINANCE LLC 2023-A 5.79% 11/13/2026 144A                                          | CUSIP: 55317WAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    403034 | PA      | $403276.72    | 0.01%             | 2026-11-13      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                           | LLOYDS BANKING GROUP PLC FRN SOFRINDX+156 08/07/2027                                             | CUSIP: 53944YAW3<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |  18000000 | PA      | $18133727.94  | 0.30%             | 2027-08-07      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                       | ING GROEP NV 6.083%/VAR 09/11/2027                                                               | CUSIP: 456837BF9<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |  24835000 | PA      | $25189131.45  | 0.41%             | 2027-09-11      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                       | BARCLAYS PLC 6.496%/VAR 09/13/2027                                                               | CUSIP: 06738ECJ2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $2034183.02   | 0.03%             | 2027-09-13      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| TOYOTA LEASE OWNER TRUST 2023-B                                    | TOYOTA LEASE OWNER TRUST 2023-B 5.66% 11/20/2026 144A                                            | CUSIP: 89240HAD7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1005366 | PA      | $1006884.97   | 0.02%             | 2026-11-20      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO LEASE SECURITIZATION TRUST 2023-C                     | HYUNDAI AUTO LEASE SECURITIZATION TRUST 2023-C 5.8% 12/15/2026 144A                              | CUSIP: 44935VAD1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   6324611 | PA      | $6333082.60   | 0.10%             | 2026-12-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                                   | ABN AMRO BANK NV FRN SOFRINDX+178 09/18/2027 144A                                                | CUSIP: 00084DBB5<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |  17900000 | PA      | $18068287.57  | 0.30%             | 2027-09-18      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE FUNDING II LLC                                          | CHESAPEAKE FUNDING II LLC 6.16% 10/15/2035 144A                                                  | CUSIP: 165183CZ5<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-CBDO         | CORP              | US        |    796185 | PA      | $806564.30    | 0.01%             | 2035-10-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE and CO                                              | JPMORGAN CHASE and CO 6.07%/VAR 10/22/2027                                                       | CUSIP: 46647PDW3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  28456000 | PA      | $28940801.74  | 0.48%             | 2027-10-22      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| WHEELS FLEET LEASE FUNDING 1 LLC                                   | WHEELS FLEET LEASE FUNDING 1 LLC 6.46% 08/18/2038 144A                                           | CUSIP: 96328GBG1<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-CBDO         | CORP              | US        |   6014125 | PA      | $6088049.17   | 0.10%             | 2038-08-18      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE FLEET FING 2023-3 LLC                                   | ENTERPRISE FLEET FING 2023-3 LLC 6.4% 03/20/2030 144A                                            | CUSIP: 29374LAB6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2134276 | PA      | $2162752.27   | 0.04%             | 2030-03-20      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| US BANCORP DEL                                                     | US BANCORP DEL 6.787%/VAR 10/26/2027                                                             | CUSIP: 91159HJP6<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |  17119000 | PA      | $17520233.92  | 0.29%             | 2027-10-26      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| UPSTART SECURITIZATION TRUST 2023-3                                | UPSTART SECURITIZATION TRUST 2023-3 A 6.9% 10/20/2033 144A                                       | CUSIP: 91684MAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1037500 | PA      | $1041789.69   | 0.02%             | 2033-10-20      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                           | RTX CORP 5.75% 11/08/2026                                                                        | CUSIP: 75513ECT6<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |  10707000 | PA      | $10863765.58  | 0.18%             | 2026-11-08      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BX COML MTG TR 2023-XL3                                            | BX COML MTG TR 2023-XL3 A TSFR1M+189.123 12/09/2040 144A                                         | CUSIP: 12434GAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2838975 | PA      | $2838974.08   | 0.05%             | 2040-12-09      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FINANCE NORTH AMERICA LLC                            | MERCEDES-BENZ FINANCE NORTH AMERICA LLC 4.9% 01/09/2026 144A                                     | CUSIP: 58769JAP2<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |  12000000 | PA      | $12007669.68  | 0.20%             | 2026-01-09      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DLLST 2024-1 LLC                                                   | DLLST 2024-1 LLC 5.05% 08/20/2027 144A                                                           | CUSIP: 23346HAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3156884 | PA      | $3169769.77   | 0.05%             | 2027-08-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BX COML MTG TR 2024-XL4                                            | BX COML MTG TR 2024-XL4 A TSFR1M+144.203 02/15/2039 144A                                         | CUSIP: 05611VAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5521809 | PA      | $5523534.92   | 0.09%             | 2039-02-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                          | UST NOTES 4.25% 01/31/2026                                                                       | CUSIP: 91282CJV4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 291312700 | PA      | $291454942.17 | 4.80%             | 2026-01-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE FLEET FINANCING LLC 2024-1                              | ENTERPRISE FLEET FINANCING LLC 2024-1 5.23% 03/20/2030 144A                                      | CUSIP: 29375PAB6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   8551458 | PA      | $8615617.97   | 0.14%             | 2030-03-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ARI FLEET LEASE TRUST                                              | ARI FLEET LEASE TRUST 5.3% 11/15/2032 144A                                                       | CUSIP: 00218KAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5863544 | PA      | $5898099.37   | 0.10%             | 2032-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BLP COML MTG 2024-INDS                                             | BLP COML MTG 2024-IND2 A TSFR1M+139.208 03/15/2041 144A                                          | CUSIP: 05625AAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2472644 | PA      | $2472644.13   | 0.04%             | 2041-03-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| OCWEN LN INVT TR 2024-HB1                                          | OCWEN LN INVT TR 2024-HB1 3% 02/25/2037 144A                                                     | CUSIP: 675952AA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    173929 | PA      | $171593.20    | 0.00%             | 2037-02-25      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                            | BRISTOL-MYERS SQUIBB CO FRN SOFR+49 02/20/2026                                                   | CUSIP: 110122EM6<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |  10569000 | PA      | $10576570.89  | 0.17%             | 2026-02-20      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                  | NATWEST GROUP PLC 5.583%/VAR 03/01/2028                                                          | CUSIP: 639057AL2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   5200000 | PA      | $5291035.05   | 0.09%             | 2028-03-01      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| BX COML MTG TR 2024-XL5                                            | BX COML MTG TR 2024-XL5 A TSFR1M+139.165 03/15/2041 144A                                         | CUSIP: 05612GAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  14459115 | PA      | $14459110.38  | 0.24%             | 2041-03-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE OWNER TRUST 2024                                        | JOHN DEERE OWNER TRUST 2024 5.19% 02/16/2027                                                     | CUSIP: 47800RAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1280570 | PA      | $1281125.61   | 0.02%             | 2027-02-16      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO RECEIVABLES TR 2024-A                                 | HYUNDAI AUTO RECEIVABLES TR 2024-A 5.29% 04/15/2027                                              | CUSIP: 448973AB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    774645 | PA      | $775102.21    | 0.01%             | 2027-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NISSAN MASTER OWNER TR RECEIVABLE                                  | NISSAN MASTER OWNER TR RECEIVABLES SOFR30A+190 02/15/2028 144A                                   | CUSIP: 65479VAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  24000000 | PA      | $24004207.20  | 0.40%             | 2028-02-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BANK USA                                             | GOLDMAN SACHS BANK USA 5.283%/VAR 03/18/2027                                                     | CUSIP: 38151LAF7<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |  23400000 | PA      | $23474454.12  | 0.39%             | 2027-03-18      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| GMF FLOORPLAN OWNER REVOLVING TR                                   | GMF FLOORPLAN OWNER REVOLVING TR 5.13% 03/15/2029 144A                                           | CUSIP: 361886DA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  22000000 | PA      | $22305650.40  | 0.37%             | 2029-03-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BX 2024-CNYN                                                       | BX 2024-CNYN TSFR1M+144.188 04/15/2029 144A                                                      | CUSIP: 05612HAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6594753 | PA      | $6594752.95   | 0.11%             | 2041-04-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CHASE AUTO OWNER TRUST 2024-1                                      | CHASE AUTO OWNER TRUST 2024-1 5.13% 05/25/2029 144A                                              | CUSIP: 16144BAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  12511247 | PA      | $12623535.16  | 0.21%             | 2029-05-25      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GMF FLOORPLAN OWNER REVOLVING TR                                   | GMF FLOORPLAN OWNER REVOLVING TR 24-1A A2 6.41861% 03/15/2029 144A                               | CUSIP: 361886DB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  16000000 | PA      | $16010094.40  | 0.26%             | 2029-03-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| THE CAMPBELL'S COMPANY                                             | THE CAMPBELL'S COMPANY 5.3% 03/20/2026                                                           | CUSIP: 134429BL2<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |   3502000 | PA      | $3513306.80   | 0.06%             | 2026-03-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| VOYA CLO 2019-2 LLC                                                | VOYA CLO 2019-2 LLC AR TSFR3M+120 07/20/2032 144A                                                | CUSIP: 92917RAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  12450754 | PA      | $12460914.01  | 0.21%             | 2032-07-20      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| WHEELS FLEET LEASE FUNDING 1 LLC                                   | WHEELS FLEET LEASE FUNDING 1 LLC 0% 02/18/2039 144A                                              | CUSIP: 96328GBN6<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-CBDO         | CORP              | US        |  10700913 | PA      | $10727868.68  | 0.18%             | 2039-02-18      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| WORLD OMNI AUTOMOBILE LEASE SECURITIZATION TR 2024-A               | WORLD OMNI AUTOMOBILE LEASE SECURITIZATION TR 2024-A 5.32% 02/16/2027                            | CUSIP: 981946AB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2247644 | PA      | $2250837.80   | 0.04%             | 2027-02-16      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TR 2024-2                                        | CARMAX AUTO OWNER TR 2024-2 5.65% 05/17/2027                                                     | CUSIP: 14319EAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1268631 | PA      | $1269644.95   | 0.02%             | 2027-05-17      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO and CO                                                 | WELLS FARGO and CO NEW 5.707%/VAR 04/22/2028                                                     | CUSIP: 95000U3L5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  13770000 | PA      | $14063135.48  | 0.23%             | 2028-04-22      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| CHASE AUTO OWNER TRUST 2024-2                                      | CHASE AUTO OWNER TRUST 2024-2 5.52% 06/25/2029 144A                                              | CUSIP: 16144CAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  14095343 | PA      | $14282629.28  | 0.24%             | 2029-06-25      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE FLEET FINANCING 2024-2                                  | ENTERPRISE FLEET FINANCING 2024-2 5.74% 12/20/2026 144A                                          | CUSIP: 29375RAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1396465 | PA      | $1402268.80   | 0.02%             | 2026-12-20      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| TOYOTA AUTO RECEIVABLES 2024-B OWNER TR                            | TOYOTA AUTO RECEIVABLES 2024-B OWNER TR 5.41% 03/15/2027                                         | CUSIP: 89237NAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1042672 | PA      | $1043301.10   | 0.02%             | 2027-03-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                | AMERICAN EXPRESS CO 5.645%/VAR 04/23/2027                                                        | CUSIP: 025816DT3<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |  23000000 | PA      | $23142334.81  | 0.38%             | 2027-04-23      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| BX COML MTG TR 2024-MDHS                                           | BX COML MTG TR 2024-MDHS 6.8415% 05/15/2041 144A                                                 | CUSIP: 12433BAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7498525 | PA      | $7503201.91   | 0.12%             | 2041-05-15      | Floating      | 0.06%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE LOAN FUNDING 2024-3 LTD                              | PALMER SQUARE LOAN FUNDING 2024-3 LTD A1 TSFR3M+108 08/08/2032 144A                              | CUSIP: 69690EAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7139489 | PA      | $7142630.09   | 0.12%             | 2032-08-08      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| DLLAD 2024-1 LLC                                                   | DLLAD 2024-1 LLC 5.5% 08/20/2027 144A                                                            | CUSIP: 23346MAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3263465 | PA      | $3278583.56   | 0.05%             | 2027-08-20      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL AUTOMOBILE LEASING TRUST 2024-2                       | GM FINANCIAL AUTOMOBILE LEASING TRUST 2024-2 A3 5.39% 07/20/2027                                 | CUSIP: 36269WAD1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  12387538 | PA      | $12443332.65  | 0.20%             | 2027-07-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HONDA AUTO RECEIVABLES 2024-2 OWNER TR                             | HONDA AUTO RECEIVABLES 2024-2 OWNER TR 5.48% 11/18/2026                                          | CUSIP: 437930AB6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    575706 | PA      | $576161.91    | 0.01%             | 2026-11-18      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO LEASE SECURITIZATION TRUST 2024-B                     | HYUNDAI AUTO LEASE SECURITIZATION TRUST 2024-B 5.51% 10/15/2026 144A                             | CUSIP: 44934FAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    128642 | PA      | $128721.51    | 0.00%             | 2026-10-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WORLD OMNI AUTO RECEIVABLES TR 2024-B                              | WORLD OMNI AUTO RECEIVABLES TR 2024-B 5.48% 09/15/2027                                           | CUSIP: 98164HAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    154346 | PA      | $154440.53    | 0.00%             | 2027-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HONDA AUTO RECEIVABLES 2024-2 OWNER TR                             | HONDA AUTO RECEIVABLES 2024-2 OWNER TR 5.27% 11/20/2028                                          | CUSIP: 437930AC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  17000000 | PA      | $17156354.10  | 0.28%             | 2028-11-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ AUTO LEASE TRUST 2024-A                              | MERCEDES-BENZ AUTO LEASE TRUST 2024-A 5.44% 02/16/2027                                           | CUSIP: 58770JAB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4674380 | PA      | $4682198.86   | 0.08%             | 2027-02-16      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CFMT 2024-HB13 LLC                                                 | CFMT 2024-HB13 LLC VAR 05/25/2034 144A                                                           | CUSIP: 12530VAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1659620 | PA      | $1638792.83   | 0.03%             | 2034-05-25      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| ARI FLEET LEASE TRUST 2024-B                                       | ARI FLEET LEASE TRUST 2024-B 5.54% 04/15/2033 144A                                               | CUSIP: 04033HAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    852130 | PA      | $858191.47    | 0.01%             | 2033-04-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| FORDO 2024-B                                                       | FORDO 2024-B 5.4% 04/15/2027                                                                     | CUSIP: 34531QAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3244625 | PA      | $3250212.22   | 0.05%             | 2027-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHASE AUTO OWNER TRUST 24-3                                        | CHASE AUTO OWNER TRUST 5.53% 09/27/2027 144A                                                     | CUSIP: 16144LAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    898479 | PA      | $899626.71    | 0.01%             | 2027-09-27      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CARMAX SELECT RECEIVABLES TRUST 2024-A                             | CARMAX SELECT RECEIVABLES TRUST 2024-A 5.78% 09/15/2027                                          | CUSIP: 14319FAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    250210 | PA      | $250774.10    | 0.00%             | 2027-09-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| HPEFS EQUIP TR 2024-2                                              | HPEFS EQUIP TR 2024-2 5.5% 10/20/2031 144A                                                       | CUSIP: 40444MAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    461273 | PA      | $461589.01    | 0.01%             | 2031-10-20      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                     | HOME DEPOT INC FRN SOFR+33 12/24/2025                                                            | CUSIP: 437076CY6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |  17610000 | PA      | $17612576.70  | 0.29%             | 2025-12-24      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                            | HYUNDAI CAP AMER 5.45% 06/24/2026 144A                                                           | CUSIP: 44891ADA2<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |  13511000 | PA      | $13600522.40  | 0.22%             | 2026-06-24      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KUBOTA CREDIT OWNER TRUST 2024-2                                   | KUBOTA CREDIT OWNER TRUST 2024-2 5.45% 04/15/2027 144A                                           | CUSIP: 50117DAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2895360 | PA      | $2906132.21   | 0.05%             | 2027-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE LOAN FUNDING 2022-3 LTD                              | PALMER SQUARE LOAN FUNDING 2022-3 LTD A1AR TSFR3M+110 04/15/2031 144A                            | CUSIP: 69690CAL7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    179087 | PA      | $178997.62    | 0.00%             | 2031-04-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| WORLD OMNI SELECT AUTO TR 2024-A                                   | WORLD OMNI SELECT AUTO TR 2024-A 5.37% 02/15/2028                                                | CUSIP: 98164LAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2116364 | PA      | $2118497.37   | 0.03%             | 2028-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEUBERGER BERMAN LN ADVISERS NBLA CLO 50 LTD / NEUBERGER BERMAN LN | NEUBERGER BERMAN LN ADVISERS NBLA CLO 50 LTD / NEUBERGER BERMAN LN AR TSFR3M+125 07/23/2036 144A | CUSIP: 64134VAQ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |  25000000 | PA      | $25007300.00  | 0.41%             | 2036-07-23      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                               | ROYAL BANK OF CANADA 5.069%/VAR 07/23/2027                                                       | CUSIP: 78016HZX1<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  30425000 | PA      | $30620034.90  | 0.50%             | 2027-07-23      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE FLEET FINANCING 2024-3 LLC                              | ENTERPRISE FLEET FINANCING 2024-3 LLC 5.31% 04/20/2027 144A                                      | CUSIP: 29375QAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   6622281 | PA      | $6653867.63   | 0.11%             | 2027-04-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES GRP INC                                     | PNC FINANCIAL SERVICES GRP INC 5.102%/VAR 07/23/2027                                             | CUSIP: 693475BY0<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |  23000000 | PA      | $23126921.82  | 0.38%             | 2027-07-23      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2024-3                                     | CARMAX AUTO OWNER TRUST 2024-3 5.21% 09/15/2027                                                  | CUSIP: 14319GAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4600481 | PA      | $4610795.37   | 0.08%             | 2027-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHASE AUTO OWNER TRUST                                             | CHASE AUTO OWNER TRUST 5.25% 09/27/2027 144A                                                     | CUSIP: 16144YAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2505490 | PA      | $2509340.07   | 0.04%             | 2027-09-27      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAGNETITE XXII LTD / MAGNETITE XXII LLC                            | MAGNETITE XXII LTD / MAGNETITE XXII LLC ARR TSFR3M+125 07/15/2036 144A                           | CUSIP: 55954HAW2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  17992000 | PA      | $17996677.92  | 0.30%             | 2036-07-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FINANCE NORTH AMERICA LLC                            | MERCEDES-BENZ FINANCE NORTH AMERICA LLC FRN SOFR+63 07/31/2026 144A                              | CUSIP: 58769JAV9<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |  22000000 | PA      | $22033382.14  | 0.36%             | 2026-07-31      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                           | TOYOTA MOTOR CREDIT CORP FRN SOFR+77 08/07/2026                                                  | CUSIP: 89236TML6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |  22559000 | PA      | $22639099.56  | 0.37%             | 2026-08-07      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                                 | BMW US CAPITAL LLC FRN SOFRINDX+80 08/13/2026 144A                                               | CUSIP: 05565ECN3<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |  22600000 | PA      | $22665532.77  | 0.37%             | 2026-08-13      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMER FIN LLC                                      | VOLKSWAGEN GROUP AMER FIN LLC FRN SOFR+106 08/14/2026 144A                                       | CUSIP: 928668CJ9<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |  21978000 | PA      | $22043647.19  | 0.36%             | 2026-08-14      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| WHEELS FLEET LEASE FUNDING 1 LLC                                   | WHEELS FLEET LEASE FUNDING 1 LLC 24-2A A2 SOFR30A+108 06/21/2039 144A                            | CUSIP: 96328GBU0<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-CBDO         | CORP              | US        |   7331668 | PA      | $7377417.43   | 0.12%             | 2039-06-21      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                              | ATHENE GLOBAL FUNDING 4.86% 08/27/2026 144A                                                      | CUSIP: 04685A4A6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |  26208000 | PA      | $26320919.79  | 0.43%             | 2026-08-27      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| VOYA CLO 2022-1 LTD / VOYA CLO 2022-1 LLC                          | VOYA CLO 2022-1 LTD / VOYA CLO 2022-1 LLC A1R TSFR3M+125 04/20/2035 144A                         | CUSIP: 92918UAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  13911000 | PA      | $13938488.14  | 0.23%             | 2035-04-20      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL QUE                                               | BANK OF MONTREAL QUE 4.567%/VAR 09/10/2027                                                       | CUSIP: 06368L8K5<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |  28606000 | PA      | $28707146.53  | 0.47%             | 2027-09-10      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| DRYDEN 104 CLO LTD / DRYDEN 104 CLO LLC                            | DRYDEN 104 CLO LTD / DRYDEN 104 CLO LLC A1R TSFR3M+129 08/20/2034 144A                           | CUSIP: 26253BAN4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  11316000 | PA      | $11334569.56  | 0.19%             | 2034-08-20      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| SBNA AUTO LEASE TRUST 2024-C                                       | SBNA AUTO LEASE TRUST 2024-C 4.56% 02/22/2028 144A                                               | CUSIP: 78398DAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  17285906 | PA      | $17322701.16  | 0.29%             | 2028-02-22      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TOYOTA LEASE OWNER TRUST 2024-B                                    | TOYOTA LEASE OWNER TRUST 2024-B A3 4.21% 09/20/2027 144A                                         | CUSIP: 891943AD4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  29200000 | PA      | $29228811.64  | 0.48%             | 2027-09-20      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE OWNER TR 2024-C                                         | JOHN DEERE OWNER TR 2024-C A2B SOFR30A+43 08/16/2027                                             | CUSIP: 477911AC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   7141272 | PA      | $7143748.05   | 0.12%             | 2027-08-16      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| HEWLETT PACKARD ENTERPRISE CO                                      | HEWLETT PACKARD ENTERPRISE CO 4.45% 09/25/2026                                                   | CUSIP: 42824CBR9<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |  10880000 | PA      | $10913322.83  | 0.18%             | 2026-09-25      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                          | UST NOTES 3.5% 09/30/2026                                                                        | CUSIP: 91282CLP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 224596700 | PA      | $224277350.44 | 3.69%             | 2026-09-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE FLEET FINANCING 2024-4 LLC                              | ENTERPRISE FLEET FINANCING 2024-4 LLC 4.69% 07/20/2027 144A                                      | CUSIP: 29374MAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  17772109 | PA      | $17826347.81  | 0.29%             | 2027-07-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DELL EQUIP FIN TR 2024-2                                           | DELL EQUIP FIN TR 2024-2 4.69% 08/22/2030 144A                                                   | CUSIP: 24704EAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   8302176 | PA      | $8317298.08   | 0.14%             | 2030-08-22      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL AUTOMOBILE LEASING TR 2024-3                          | GM FINANCIAL AUTOMOBILE LEASING TR 2024-3 4.21% 10/20/2027                                       | CUSIP: 38012QAD0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  16900000 | PA      | $16919531.33  | 0.28%             | 2027-10-20      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GM FINL CONSUMER AUTOMOBILE RECEIVABLES TR 2024-4                  | GM FINL CONSUMER AUTOMOBILE RECEIVABLES TR 2024-4 4.53% 10/18/2027                               | CUSIP: 38014AAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   6377749 | PA      | $6384311.61   | 0.11%             | 2027-10-18      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SFS AUTO RECEIVABLES SECURITIZATION TRUST 2024-3                   | SFS AUTO RECEIVABLES SECURITIZATION TRUST 2024-3 4.71% 05/22/2028 144A                           | CUSIP: 78436XAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2252078 | PA      | $2254246.78   | 0.04%             | 2028-05-22      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COML MTG TR 2024-GRP                                   | WELLS FARGO COML MTG 2024-GRP A TSFR1M+179.132 10/15/2041 144A                                   | CUSIP: 95003YAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7707000 | PA      | $7707319.07   | 0.13%             | 2041-10-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                           | TOYOTA MOTOR CREDIT CORP FRN SOFRINDX+45 04/10/2026                                              | CUSIP: 89236TMR3<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |  29800000 | PA      | $29827191.31  | 0.49%             | 2026-04-10      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                               | ROYAL BANK OF CANADA 4.51%/VAR 10/18/2027                                                        | CUSIP: 78017FZQ9<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  24545000 | PA      | $24643420.79  | 0.41%             | 2027-10-18      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                               | ROYAL BANK OF CANADA FRN SOFRINDX+72 10/18/2027                                                  | CUSIP: 78017FZR7<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  30000000 | PA      | $30079440.30  | 0.50%             | 2027-10-18      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE CORP                                        | AMERICAN HONDA FINANCE CORP FRN SOFR+55 05/11/2026                                               | CUSIP: 02665WFR7<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |  22000000 | PA      | $22023114.08  | 0.36%             | 2026-05-11      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| TESLA AUTO LEASE TRUST 2024-B                                      | TESLA AUTO LEASE TRUST 2024-B 4.79% 01/20/2027 144A                                              | CUSIP: 881934AB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2215976 | PA      | $2217653.64   | 0.04%             | 2027-01-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OPORTUN FUNDING TRUST 2024-3                                       | OPORTUN FUNDING TRUST 2024-3 5.26% 08/15/2029 144A                                               | CUSIP: 68377NAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    553302 | PA      | $552746.73    | 0.01%             | 2029-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BK NA SALT LAKE                                     | MORGAN STANLEY BK NA SALT LAKE 4.447%/VAR 10/15/2027                                             | CUSIP: 61690U8G8<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |  18500000 | PA      | $18560697.21  | 0.31%             | 2027-10-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BK NA SALT LAKE                                     | MORGAN STANLEY BK NA SALT LAKE FRN SOFR+68.5 10/15/2027                                          | CUSIP: 61690U8F0<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |  24500000 | PA      | $24549137.69  | 0.40%             | 2027-10-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE LOAN FUNDING 2024-2 LTD                              | PALMER SQUARE LOAN FUNDING 2024-2 LTD A1N TSFR3M+100 01/15/2033 144A                             | CUSIP: 69703RAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2573080 | PA      | $2573903.16   | 0.04%             | 2033-01-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| VALLEY STREAM PK CLO LTD / VY STREAM PK CLO LLC                    | VALLEY STREAM PK CLO LTD / VY STREAM PK CLO LLC ARR TSFR3M+119 01/20/2037 144A                   | CUSIP: 92013AAT6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |  11685000 | PA      | $11680793.40  | 0.19%             | 2037-01-20      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| BUCKHORN PARK CLO LTD                                              | BUCKHORN PARK CLO LTD ARR TSFR3M+107 07/18/2034 144A                                             | CUSIP: 118382BA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  19000000 | PA      | $19004959.00  | 0.31%             | 2034-07-18      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE PRIME AUTO RECEIVABLES TR 2024-1                       | CAPITAL ONE PRIME AUTO RECEIVABLES TR 2024-1 4.61% 10/15/2027                                    | CUSIP: 14043NAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   7817663 | PA      | $7827853.10   | 0.13%             | 2027-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                           | VISTRA OPERATIONS CO LLC 5.05% 12/30/2026 144A                                                   | CUSIP: 92840VAT9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   5422000 | PA      | $5468905.72   | 0.09%             | 2026-12-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GMF FLOORPLAN OWNER REVOLVING TR                                   | GMF FLOORPLAN OWNER REVOLVING TR 4.68% 11/15/2028 144A                                           | CUSIP: 361886DK7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  19600000 | PA      | $19732576.36  | 0.32%             | 2028-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AFFIRM ASSET SECURITIZATION TRUST 2024-X2                          | AFFIRM ASSET SECURITIZATION TRUST 2024-X2 5.22% 12/17/2029 144A                                  | CUSIP: 00833QAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2302970 | PA      | $2304253.72   | 0.04%             | 2029-12-17      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| STATE STREET BANK AND TRUST COMPANY                                | STATE ST BK and TR CO BOSTON FRN SOFR+46 11/25/2026                                              | CUSIP: 857449AD4<br>LEI: 571474TGEMMWANRLN572 | Long             | DBT              | CORP              | US        |  14768000 | PA      | $14810480.45  | 0.24%             | 2026-11-25      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| HARTWICK PARK CLO LTD                                              | HARTWICK PARK CLO LTD AR TSFR3M+116 01/20/2037 144A                                              | CUSIP: 417403AN2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |  15576000 | PA      | $15571327.20  | 0.26%             | 2037-01-20      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| DRYDEN 68 CLO LTD                                                  | DRYDEN 68 CLO LTD ARR TSFR3M+110 07/15/2035 144A                                                 | CUSIP: 26252QAS1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  17693000 | PA      | $17657808.62  | 0.29%             | 2035-07-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MADISON PK FDG XLV LTD / MADISON PK FDG XLV LLC                    | MADISON PK FDG XLV LTD / MADISON PK FDG XLV LLC ARR TSFR3M+108 07/15/2034 144A                   | CUSIP: 55820BAS6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  17591000 | PA      | $17600288.05  | 0.29%             | 2034-07-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| PORSCHE FINANCIAL AUTO SECURITIZATION TRUST                        | PORSCHE FINANCIAL AUTO SECURITIZATION TRUST 4.45% 01/24/2028 144A                                | CUSIP: 73328EAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3427568 | PA      | $3428903.94   | 0.06%             | 2028-01-24      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BX COML MTG TR 2024-GPA3                                           | BX COML MTG TR 2024-GPA3 A TSFR1M+149.25 12/15/2029 144A                                         | CUSIP: 123910AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1696018 | PA      | $1684808.54   | 0.03%             | 2039-12-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| TCO COML MTG TR 2024-DPM                                           | TAUBMAN CENTERS COMMERCIAL MORTGAGE TRUST 24-DPM A TSFR1M+139.27 12/15/2039 144A                 | CUSIP: 87231EAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6601000 | PA      | $6600996.04   | 0.11%             | 2039-12-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2024-P4                             | CARVANA AUTO RECEIVABLES TRUST 2024-P4 4.62% 02/10/2028                                          | CUSIP: 14076LAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2939386 | PA      | $2941446.09   | 0.05%             | 2028-02-10      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| THE TORONTO DOMINION BANK                                          | TORONTO DOMINION BANK 4.568% 12/17/2026                                                          | CUSIP: 89115A3A8<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |  31000000 | PA      | $31197854.40  | 0.51%             | 2026-12-17      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                              | ATHENE GLOBAL FUNDING 4.95% 01/07/2027 144A                                                      | CUSIP: 04685A4E8<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |  24000000 | PA      | $24190036.08  | 0.40%             | 2027-01-07      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| JACKSON NATL LIFE GLOBAL FDG                                       | JACKSON NATL LIFE GLOBAL FDG 4.9% 01/13/2027 144A                                                | CUSIP: 46849LVC2<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |  18565000 | PA      | $18709219.60  | 0.31%             | 2027-01-13      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DLLAA 2025-1 LLC                                                   | DLLAA 2025-1 LLC 4.7% 10/20/2027 144A                                                            | CUSIP: 233249AB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   6217052 | PA      | $6235892.43   | 0.10%             | 2027-10-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| JACKSON NATL LIFE GLOBAL FDG                                       | JACKSON NATL LIFE GLOBAL FDG FRN SOFR+97 01/14/2028 144A                                         | CUSIP: 46849CJN2<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |  20150000 | PA      | $20202007.15  | 0.33%             | 2028-01-14      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO and CO                                                 | WELLS FARGO and CO NEW 4.9%/VAR 01/24/2028                                                       | CUSIP: 95000U3R2<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  22249000 | PA      | $22439402.05  | 0.37%             | 2028-01-24      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| FEDERATION DES CAISSES DESJARD INS DU QUEBEC                       | FEDERATION DES CAISE DESJARDIN FRN SOFR+63 01/27/2027 144A                                       | CUSIP: 31429KAN3<br>LEI: 549300B2Q47IR0CR5B54 | Long             | DBT              | CORP              | CA        |  23000000 | PA      | $23053457.06  | 0.38%             | 2027-01-27      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                                            | NATIONAL BANK OF CANADA 4.95%/VAR 02/01/2028                                                     | CUSIP: 63307A3D5<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |  26561000 | PA      | $26829148.97  | 0.44%             | 2028-02-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                          | UST NOTES 4.125% 01/31/2027                                                                      | CUSIP: 91282CMH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 680000000 | PA      | $683904689.20 | 11.26%            | 2027-01-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE FLEET FINANCING 2025-1 LLC                              | ENTERPRISE FLEET FINANCING 2025-1 LLC 4.65% 10/20/2027 144A                                      | CUSIP: 29390HAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  15452805 | PA      | $15505092.38  | 0.26%             | 2027-10-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| POST ROAD EQUIPMENT FINANCE 2025-1 LLC                             | POST ROAD EQUIPMENT FINANCE 2025-1 LLC 4.9% 05/15/2031 144A                                      | CUSIP: 73747LAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1641138 | PA      | $1652526.57   | 0.03%             | 2031-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC NY BRANCH                                        | BARCLAYS BANK PLC NY BRANCH YCD SOFR+34 12/31/2025                                               | CUSIP: 06745GCH2<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | DBT              | CORP              | US        |  19000000 | PA      | $19003934.90  | 0.31%             | 2025-12-31      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| FLATIRON RR CLO 22 LLC                                             | FLATIRON RR CLO 22 LLC AR TSFR3M+91 10/15/2034 144A                                              | CUSIP: 33883QAQ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  18300000 | PA      | $18266254.80  | 0.30%             | 2034-10-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| KUBOTA CREDIT OWNER TRUST 2025-1                                   | KUBOTA CREDIT OWNER TRUST 2025-1 4.61% 12/15/2027 144A                                           | CUSIP: 50117FAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  19293549 | PA      | $19357761.31  | 0.32%             | 2027-12-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2025-ROIC                                                 | BX Trust 2025-ROIC VAR 03/15/2030 144A                                                           | CUSIP: 05593VAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  15426833 | PA      | $15397907.69  | 0.25%             | 2030-03-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON NATIONAL BANK                                           | HUNTINGTON NATL BK COLUMBUS OH FRN SOFR+72 04/12/2028                                            | CUSIP: 44644MAL5<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |  18225000 | PA      | $18214529.56  | 0.30%             | 2028-04-12      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                                    | CHEVRON USA INC FRN SOFRINDX+36 02/26/2027                                                       | CUSIP: 166756BA3<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |  21318000 | PA      | $21358062.92  | 0.35%             | 2027-02-26      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MARS INC                                                           | MARS INC 4.45% 03/01/2027 144A                                                                   | CUSIP: 571676AW5<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   9469000 | PA      | $9533176.43   | 0.16%             | 2027-03-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GLAXOSMITHKLINE CAP PLC                                            | GLAXOSMITHKLINE CAP PLC FRN SOFR+50 03/12/2027                                                   | CUSIP: 377373AN5<br>LEI: 549300U0LV41VX7LEP38 | Long             | DBT              | CORP              | GB        |  25080000 | PA      | $25169635.92  | 0.41%             | 2027-03-12      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TR 2025-P1                                | CARVANA AUTO RECEIVABLES TR 2025-P1 4.5% 06/12/2028                                              | CUSIP: 14689MAB6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2665048 | PA      | $2667419.75   | 0.04%             | 2028-06-12      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WHEELS FLEET LEASE FUNDING 1 LLC                                   | WHEELS FLEET LEASE FUNDING 1 LLC TSFR1M+0 01/18/2040 144A                                        | CUSIP: 96328GCF2<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-CBDO         | CORP              | US        |  19700000 | PA      | $19713815.61  | 0.32%             | 2040-01-18      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| DEXT ABS 2025-1 LLC                                                | DEXT ABS 2025-1 LLC 4.59% 08/16/2027 144A                                                        | CUSIP: 252154AB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4017741 | PA      | $4025901.71   | 0.07%             | 2027-08-16      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                                                    | NORDEA BANK ABP FRN SOFR+70 03/17/2028 144A                                                      | CUSIP: 65558RAM1<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |  20421000 | PA      | $20501458.74  | 0.34%             | 2028-03-17      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST 2025-2                      | SANTANDER DRIVE AUTO RECEIVABLES TRUST 2025-2 4.71% 06/15/2028                                   | CUSIP: 80287NAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  12110838 | PA      | $12134048.56  | 0.20%             | 2028-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GMF FLOORPLAN OWNER REVOLVING TR                                   | GMF FLOORPLAN OWNER REVOLVING TR SOFR30A+55 03/15/2029 144A                                      | CUSIP: 361886DX9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  12980000 | PA      | $13004636.04  | 0.21%             | 2029-03-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ONCOR ELEC DELIVERY CO LLC                                         | ONCOR ELEC DELIVERY CO LLC 4.5% 03/20/2027 144A                                                  | CUSIP: 68233JCY8<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |  12370000 | PA      | $12463239.86  | 0.21%             | 2027-03-20      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                                            | NATIONAL BANK OF CANADA VCP SOFR+25 12/17/2025                                                   | CUSIP: 63307NNF0<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |  20000000 | PA      | $20001712.00  | 0.33%             | 2025-12-17      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| GLENCORE FDG LLC                                                   | GLENCORE FDG LLC FRN SOFRINDX+75 10/01/2026 144A                                                 | CUSIP: 378272BX5<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |  20934000 | PA      | $20954902.60  | 0.34%             | 2026-10-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| VERIZON MASTER TRUST                                               | VERIZON MASTER TRUST 4.51% 03/20/2030                                                            | CUSIP: 92348KDY6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  16945000 | PA      | $17071702.85  | 0.28%             | 2030-03-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FINANCE NORTH AMERICA LLC                            | MERCEDES-BENZ FINANCE NORTH AMERICA LLC FRN SOFR+78 04/01/2027 144A                              | CUSIP: 58769JBD8<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |  14000000 | PA      | $14051199.26  | 0.23%             | 2027-04-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE GLOBAL FUNDING                            | EQUITABLE FINANCIAL LIFE GLOBAL FUNDING 4.6% 04/01/2027 144A                                     | CUSIP: 29449WAU1<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |  12548000 | PA      | $12621298.14  | 0.21%             | 2027-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| EXETER SELECT AUTOMOBILE RECEIVABLES TR 2025-1                     | EXETER SELECT AUTOMOBILE RECEIVABLES TR 2025-1 4.83% 10/16/2028                                  | CUSIP: 30185AAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    492904 | PA      | $494226.81    | 0.01%             | 2028-10-16      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                                      | GOLDMAN SACHS GROUP INC (THE) FRN SOFR+129 04/23/2028                                            | CUSIP: 38141GC85<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  14935000 | PA      | $15057646.97  | 0.25%             | 2028-04-23      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| SVENSKA HANDELSBANKEN NY                                           | SVENSKA HANDELSBANKEN NY YCD SOFR+40 04/15/2026                                                  | CUSIP: 86959TNB8<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | US        |  34000000 | PA      | $34032820.20  | 0.56%             | 2026-04-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                               | WESTPAC VCP SOFR+40 4/10/26                                                                      | CUSIP: 9612C47E5<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |  34000000 | PA      | $34026628.80  | 0.56%             | 2026-04-10      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| DELL EQUIP FIN TR 2025-1                                           | DELL EQUIP FIN TR 2025-1 4.68% 07/22/2027 144A                                                   | CUSIP: 24703UAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2675000 | PA      | $2682785.05   | 0.04%             | 2027-07-22      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                  | STATE STREET CORP FRN SOFR+95 04/24/2028                                                         | CUSIP: 857477CZ4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |  10395000 | PA      | $10459449.00  | 0.17%             | 2028-04-24      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                        | WALMART INC FRN SOFRINDX+43 04/28/2027                                                           | CUSIP: 931142FM0<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |  21313000 | PA      | $21383946.29  | 0.35%             | 2027-04-28      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| THE TORONTO DOMINION BANK                                          | TORONTO DOMINION BANK VCP SOFR+45 04/27/2026                                                     | CUSIP: 89120FC69<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |  27000000 | PA      | $27031695.30  | 0.44%             | 2026-04-27      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| HAROT 2025-2 A2A                                                   | HAROT 2025-2 A2A 4.3% 01/18/2028                                                                 | CUSIP: 437921AB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  19648000 | PA      | $19677688.13  | 0.32%             | 2028-01-18      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE FLEET FINANCING 2025-2 LLC                              | ENTERPRISE FLEET FINANCING 2025-2 LLC 4.51% 02/22/2028 144A                                      | CUSIP: 29375TAB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  22802000 | PA      | $22895547.49  | 0.38%             | 2028-02-22      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                               | KEURIG DR PEPPER INC FRN SOFR+58 11/15/2026                                                      | CUSIP: 49271VAY6<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |  26204000 | PA      | $26197216.31  | 0.43%             | 2026-11-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| AFFIRM ASSET SECURITIZATION TR 2025-X1                             | AFFIRM ASSET SECURITIZATION TR 2025-X1 A 5.24% 04/15/2030 144A                                   | CUSIP: 00834MAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3388365 | PA      | $3394653.63   | 0.06%             | 2030-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HSBC USA INC                                                       | HSBC USA INC VCP SOFR+55 04/30/2026                                                              | CUSIP: 40434WUZ2<br>LEI: 549300LBOHZ4QSIWU288 | Long             | DBT              | CORP              | US        |  24000000 | PA      | $24027516.00  | 0.40%             | 2026-04-30      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                      | CITIGROUP INC FRN SOFR+111.43 05/07/2028                                                         | CUSIP: 172967PY1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  19000000 | PA      | $19112529.78  | 0.31%             | 2028-05-07      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| GM FINL CONSUMER AUTOMOBILE RECEIVABLES TR 2025-2                  | GM FINL CONSUMER AUTOMOBILE RECEIVABLES TR 2025-2 4.4% 02/16/2028                                | CUSIP: 362549AB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  17943839 | PA      | $17975836.87  | 0.30%             | 2028-02-16      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WOART 2025-B                                                       | WOART 2025-B 4.38% 08/15/2028                                                                    | CUSIP: 98164TAB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  23256777 | PA      | $23291034.21  | 0.38%             | 2028-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BOFA AUTO TRUST 2025-1                                             | BOFA AUTO TRUST 2025-1 4.52% 11/22/2027 144A                                                     | CUSIP: 05594BAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5289464 | PA      | $5298689.81   | 0.09%             | 2027-11-22      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DTE ELEC CO                                                        | DTE ELEC CO 4.25% 05/14/2027                                                                     | CUSIP: 23338VAW6<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |   4202000 | PA      | $4231163.27   | 0.07%             | 2027-05-14      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MIZUHO BANK LTD NY BRANCH                                          | MIZUHO BANK LTD NY BRANCH YCD SOFR+40 05/08/2026                                                 | CUSIP: 60710TR60<br>LEI: RB0PEZSDGCO3JS6CEU02 | Long             | DBT              | CORP              | US        |  25000000 | PA      | $25018580.00  | 0.41%             | 2026-05-08      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PORSCHE INNOVATIVE LEASE OWNER TRUST 2025-1                        | PORSCHE INNOVATIVE LEASE OWNER TRUST 2025-1 4.6% 12/20/2027 144A                                 | CUSIP: 73329KAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  11114172 | PA      | $11143422.22  | 0.18%             | 2027-12-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ AUTO LEASE TRUST 2025-A                              | MERCEDES-BENZ AUTO LEASE TRUST 2025-A 4.57% 04/17/2028                                           | CUSIP: 58768YAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  15125000 | PA      | $15205747.84  | 0.25%             | 2028-04-17      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OHA CREDIT FUNDING 22 LTD                                          | OHA CREDIT FUNDING 22 LTD A1 TSFR3M+ 07/20/2038 144A                                             | CUSIP: 67121HAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  16813000 | PA      | $16844255.37  | 0.28%             | 2038-07-20      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| AUTONATION FINANCE TRUST 2025-1                                    | AUTONATION FINANCE TRUST 2025-1 4.72% 04/10/2028 144A                                            | CUSIP: 05330QAB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2839711 | PA      | $2845841.88   | 0.05%             | 2028-04-10      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MTLRF 2025-1A                                                      | MTLRF 2025-1A 4.7% 12/16/2027 144A                                                               | CUSIP: 55340QAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   9585000 | PA      | $9642528.21   | 0.16%             | 2027-12-16      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| US BANK NA CINCINNATI OHIO                                         | US BANK NA CINCINNATI OHIO FRN SOFR+91 05/15/2028                                                | CUSIP: 90331HPT4<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |  32800000 | PA      | $32929537.70  | 0.54%             | 2028-05-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ING US FUNDING LLC                                                 | ING US FUNDING LLC VCP SOFR+30 02/06/2026                                                        | CUSIP: 44988KLX5<br>LEI: 254900QX5Y2ZDZ6XBT08 | Long             | DBT              | CORP              | US        |  24500000 | PA      | $24508344.70  | 0.40%             | 2026-02-06      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| ALA TRUST 2025-OANA                                                | ALA TRUST 2025-OANA A 6.04263% 06/15/2030 144A                                                   | CUSIP: 009920AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  17695000 | PA      | $17761281.93  | 0.29%             | 2040-06-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST 25-3A                          | EXETER AUTOMOBILE RECEIVABLES TRUST 25-3A A2 4.94% 01/18/2028                                    | CUSIP: 30166XAB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  12675192 | PA      | $12690981.44  | 0.21%             | 2028-01-18      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE CORP                                        | AMERICAN HONDA FINANCE CORP FRN SOFR+65 05/20/2026                                               | CUSIP: 02665WGB1<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |  32000000 | PA      | $32045196.48  | 0.53%             | 2026-05-20      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| DRIVE 2025-1 A2                                                    | DRIVE 2025-1 A2 5.05% 08/15/2028                                                                 | CUSIP: 262102AB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   7584236 | PA      | $7601188.26   | 0.13%             | 2028-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CITIBANK, N.A.                                                     | CITIBANK NA FRN SOFR+78.1 05/29/2027                                                             | CUSIP: 17325FBQ0<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |  25100000 | PA      | $25223566.80  | 0.42%             | 2027-05-29      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| FLATIRON CLO 23 LLC                                                | FLATIRON CLO 23-1A AR LLC TSFR3M+124 04/17/2036 144A                                             | CUSIP: 33883DAQ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  21508000 | PA      | $21529249.90  | 0.35%             | 2036-04-17      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO RECEIVABLES TRUST 25-B                                | HYUNDAI AUTO RECEIVABLES TRUST 25-B 4.45% 08/15/2028                                             | CUSIP: 44935XAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  13240000 | PA      | $13272898.75  | 0.22%             | 2028-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BANK NEW YORK MELLON CORP                                          | BANK NEW YORK MELLON CORP FRN SOFRINDX+68 06/09/2028                                             | CUSIP: 06406RCD7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |  25000000 | PA      | $25045482.50  | 0.41%             | 2028-06-09      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2025-P2                             | CARVANA AUTO RECEIVABLES TRUST 2025-P2 4.56% 08/10/2028                                          | CUSIP: 14688YAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  16536452 | PA      | $16567073.89  | 0.27%             | 2028-08-10      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| USB AUTO OWNER TRUST 2025-1                                        | USB AUTO OWNER TRUST 2025-1 4.51% 06/15/2028 144A                                                | CUSIP: 90367VAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  19563199 | PA      | $19607172.89  | 0.32%             | 2028-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BROWN and BROWN INC                                                | BROWN and BROWN INC 4.6% 12/23/2026                                                              | CUSIP: 115236AH4<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |   7970000 | PA      | $8006769.36   | 0.13%             | 2026-12-23      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KUBOTA CREDIT OWNER TRUST 2025-2                                   | KUBOTA CREDIT OWNER TRUST 2025-2 4.48% 04/17/2028 144A                                           | CUSIP: 50117LAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  10470000 | PA      | $10518493.90  | 0.17%             | 2028-04-17      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SFS AUTO RECEIVABLES SECURITIZATION TRUST 2025-2                   | SFS AUTO RECEIVABLES SECURITIZATION TRUST 2025-2A A2 4.85% 11/20/2028 144A                       | CUSIP: 78398HAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  13456684 | PA      | $13475899.98  | 0.22%             | 2028-11-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                            | HYUNDAI CAP AMER FRN SOFR+112 06/23/2027 144A                                                    | CUSIP: 44891ADY0<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |  21530000 | PA      | $21641091.79  | 0.36%             | 2027-06-23      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE LN FDG 2025-2 LTD / PALMER SQUARE LN FDG 2025-2 LLC  | PALMER SQUARE LN FDG LTD 2025-2A A1 TSFR3M+94 07/15/2033 144A                                    | CUSIP: 69704AAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  14130000 | PA      | $14127880.50  | 0.23%             | 2033-07-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MARLETTE FUNDING TRUST 2025-1                                      | MARLETTE FUNDING TRUST 2025-1A A 4.75% 07/16/2035 144A                                           | CUSIP: 570920AA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1019686 | PA      | $1021350.95   | 0.02%             | 2035-07-16      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OCWEN LOAN INVESTMENT TRUST                                        | OCWEN LOAN INVESTMENT TRUST HB1 A VAR 06/25/2038 144A                                            | CUSIP: 68278EAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2728590 | PA      | $2670817.51   | 0.04%             | 2038-06-25      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP                                                   | NTT FINANCE CORP 4.567% 07/16/2027 144A                                                          | CUSIP: 62954WAP0<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |   1008000 | PA      | $1015600.30   | 0.02%             | 2027-07-16      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT ISSUER TRUST 2025-2                      | GREENSKY HOME IMPROVEMENT ISSUER TRUST 2025-2 4.93% 06/25/2060 144A                              | CUSIP: 39571VAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1357349 | PA      | $1361639.86   | 0.02%             | 2060-06-25      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CARMX 2025-3                                                       | CARMX 2025-3 4.42% 08/15/2028                                                                    | CUSIP: 14290FAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  19645000 | PA      | $19701868.35  | 0.32%             | 2028-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| REACH ABS TR 2025-2                                                | REACH ABS TR 2025-2 4.93% 08/18/2032 144A                                                        | CUSIP: 75525QAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4251689 | PA      | $4267848.57   | 0.07%             | 2032-08-18      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO LEASE SECURITIZATION TR 2025-C                        | HYUNDAI AUTO LEASE SECURITIZATION TR 2025-C A3 4.36% 07/17/2028 144A                             | CUSIP: 44935GAD4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  17460000 | PA      | $17562415.12  | 0.29%             | 2028-07-17      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DLLAD LLC                                                          | DLLAD LLC 4.46% 11/20/2028 144A                                                                  | CUSIP: 23347BAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  11855000 | PA      | $11915247.11  | 0.20%             | 2028-11-20      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PNC BANK NA PITTSBURGH PA                                          | PNC BANK NA PITTSBURGH PA FRN SOFR+73 07/21/2028                                                 | CUSIP: 69353RGA0<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |  16414000 | PA      | $16411161.36  | 0.27%             | 2028-07-21      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY PRIVATE BANK NA                                     | MORGAN STANLEY PRIVATE BANK NA FRN SOFR+77 07/06/2028                                            | CUSIP: 61776NVF7<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |  22100000 | PA      | $22143488.38  | 0.36%             | 2028-07-06      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| EXETER SELECT AUTOMOBILE RECEIVABLES TR 2025-2                     | EXETER SELECT AUTOMOBILE RECEIVABLES TR 2025-2 4.54% 06/15/2029                                  | CUSIP: 30185EAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   9915000 | PA      | $9946856.90   | 0.16%             | 2029-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                                        | TRUIST BANK FRN SOFR+77 07/24/2028                                                               | CUSIP: 89788JAG4<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |  22000000 | PA      | $22007421.26  | 0.36%             | 2028-07-24      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| RCKT TRUST 2025-1A                                                 | RCKT TRUST 2025-1A 4.9% 07/25/2034 144A                                                          | CUSIP: 74939RAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1276173 | PA      | $1279281.67   | 0.02%             | 2034-07-25      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ TRUST and BANKING CORP NY BRANCH                    | MITSUBISHI UFJ TR and BK NY BRH YCD SOFR+36 07/23/2026                                           | CUSIP: 60683D6Z7<br>LEI: JBONEPAGQXF4QP29B387 | Long             | DBT              | CORP              | US        |  20000000 | PA      | $19999708.00  | 0.33%             | 2026-07-23      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| UST BILLS                                                          | UST BILLS 0% 01/29/2026                                                                          | CUSIP: 912797RK5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  42306700 | PA      | $42042564.46  | 0.69%             | 2026-01-29      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAP HLDGS INC                                       | NEXTERA ENERGY CAP HLDGS INC 4.685% 09/01/2027                                                   | CUSIP: 65339KCL2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |  10060000 | PA      | $10166476.05  | 0.17%             | 2027-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL LEASING TRST                                          | GM FINANCIAL LEASING TRST 4.19% 10/20/2027                                                       | CUSIP: 379965AB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  19105000 | PA      | $19143217.64  | 0.32%             | 2027-10-20      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WOART 2025-C                                                       | WOART 2025-C 4.19% 10/16/2028                                                                    | CUSIP: 981936AB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  22068000 | PA      | $22109701.90  | 0.36%             | 2028-10-16      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SFUEL 25-BA                                                        | SFUEL 25-BA 4.31% 05/22/2028 144A                                                                | CUSIP: 858933AB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  21000000 | PA      | $21062447.70  | 0.35%             | 2028-05-22      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM 2025-3                                  | SOFI CONSUMER LOAN PROGRAM 2025-3 4.47% 08/15/2034 144A                                          | CUSIP: 83390JAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4146913 | PA      | $4155690.83   | 0.07%             | 2034-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FLATIRON CLO 28 LTD / FLATIRON CLO 28 LLC                          | FLATIRON CLO 28 LTD / FLATIRON CLO 28 LLC A1R TSFR3M+108 07/15/2036 144A                         | CUSIP: 33884EAQ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  29514000 | PA      | $29553342.16  | 0.49%             | 2036-07-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TR 2025-4                            | EXETER AUTOMOBILE RECEIVABLES TR 2025-4 4.53% 03/15/2028                                         | CUSIP: 30167KAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  14571000 | PA      | $14583953.62  | 0.24%             | 2028-03-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                          | UST NOTES 3.625% 08/31/2027                                                                      | CUSIP: 91282CNV9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 250899000 | PA      | $251300829.80 | 4.14%             | 2027-08-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SAMMONS FINANCIAL GROUP GLOBAL FUNDING                             | SAMMONS FINANCIAL GROUP GLOBAL FUNDING FRN SOFR+85 09/02/2027 144A                               | CUSIP: 79587J2D4<br>LEI: 635400IPRNPM6HDHRS48 | Long             | DBT              | CORP              | US        |  20600000 | PA      | $20681164.00  | 0.34%             | 2027-09-02      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MERCK and CO INC                                                   | MERCK and CO INC FRN SOFR+46 09/15/2027                                                          | CUSIP: 58933YBU8<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |  20807000 | PA      | $20922686.92  | 0.34%             | 2027-09-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK OF COMMERCE                                 | CANADIAN IMPERIAL BK OF COMM FRN SOFR+80 09/08/2028                                              | CUSIP: 13607QFC1<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |  21000000 | PA      | $21025233.60  | 0.35%             | 2028-09-08      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN AUTO LEASE TRUST 2025-B                                 | VOLKSWAGEN AUTO LEASE TRUST 2025-B 3.97% 04/20/2028                                              | CUSIP: 92868BAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  18210000 | PA      | $18210930.53  | 0.30%             | 2028-04-20      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| EQUITABLE AMERICA GLOBAL FUNDING                                   | EQUITABLE AMERICA GLOBAL FUNDING FRN SOFR+71 09/15/2027 144A                                     | CUSIP: 29446Q2D4<br>LEI: 98450066CCBIACF06694 | Long             | DBT              | CORP              | US        |  11806000 | PA      | $11818986.60  | 0.19%             | 2027-09-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                            | BANK OF NOVA SCOTIA FRN SOFR+76 09/15/2028                                                       | CUSIP: 06418GAT4<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  21480000 | PA      | $21494854.71  | 0.35%             | 2028-09-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| WORLD OMNI SELECT AUTO TRUST 2025-A                                | WORLD OMNI SELECT AUTO TRUST 2025-A 4.14% 05/15/2030                                             | CUSIP: 98164UAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  15985000 | PA      | $15992174.07  | 0.26%             | 2030-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2025-P3                             | CARVANA AUTO RECEIVABLES TR 2025-P3 4.07% 02/12/2029                                             | CUSIP: 14688AAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  15985000 | PA      | $15976996.31  | 0.26%             | 2029-02-12      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| INVESCO U S CLO 2021-3 LTD / INVESCO U S CLO 2021-3 LLC            | INVESCO CLO 2021-3A A1R TSFR3M+108 10/22/2034 144A                                               | CUSIP: 46151VAA9<br>LEI: 5493000BVI47XOSBML18 | Long             | ABS-CBDO         | CORP              | KY        |  17740000 | PA      | $17735156.98  | 0.29%             | 2034-10-22      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL QUE                                               | BANK OF MONTREAL QUE FRN SOFRINDX+NA 09/22/2028                                                  | CUSIP: 06368MXW9<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |  21000000 | PA      | $21002498.16  | 0.35%             | 2028-09-22      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| JUNIPER VALLEY PARK CLO LLC                                        | JUNIPER VALLEY PARK CLO LLC 1A ARR TSFR3M+108 07/20/2036 144A                                    | CUSIP: 48206KAY2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |  20000000 | PA      | $19979880.00  | 0.33%             | 2036-07-20      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| EXTENDED STAY AMERICA TRUST 2025-ESH                               | EXTENDED STAY AMERICA TRUST 2025-ESH VAR 10/15/2042 144A                                         | CUSIP: 30227TAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9440000 | PA      | $9454730.18   | 0.16%             | 2042-10-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| USAA AUTO OWNER TRUST 2025-A                                       | USAA AUTO OWNER TRUST 2025-A 3.98% 03/15/2028 144A                                               | CUSIP: 90327HAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  19900000 | PA      | $19902674.56  | 0.33%             | 2028-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SFS AUTO RECEIVABLES SECURITIZATION TRUST 25-3A                    | SFS AUTO RECEIVABLES SECURITIZATION TRUST 25-3A 4.11% 03/20/2029 144A                            | CUSIP: 78398KAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  17010000 | PA      | $17019071.43  | 0.28%             | 2029-03-20      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SCLP 2025-4                                                        | SCLP 2025-4 4.24% 08/25/2035 144A                                                                | CUSIP: 83405UAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  18741551 | PA      | $18738808.67  | 0.31%             | 2035-08-25      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ALLY AUTO RECEIVABLES TRUST 2025-1                                 | ALLY AUTO RECEIVABLES TRUST 2025-1 A2 4.28% 07/17/2028                                           | CUSIP: 02008KAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  18910000 | PA      | $18916060.66  | 0.31%             | 2028-07-17      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| RR 16 LTD                                                          | RR 16 LTD A1R TSFR3M+105 07/15/2036 144A                                                         | CUSIP: 74971CAJ2<br>LEI: 549300FLUOZC8QYYKL96 | Long             | ABS-CBDO         | CORP              | KY        |   7999000 | PA      | $7998816.02   | 0.13%             | 2036-07-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2025-4                                     | CARMAX AUTO OWNER TRUST 2025-4 3.95% 03/15/2029                                                  | CUSIP: 14320HAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  15400000 | PA      | $15407787.78  | 0.25%             | 2029-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| RCKTL 2025-2                                                       | RCKTL 2025-2 4.48% 11/25/2034 144A                                                               | CUSIP: 74939HAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2480000 | PA      | $2480723.91   | 0.04%             | 2034-11-27      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE PRIME AUTO RECEIVABLES TRUST 2025-1                    | CAPITAL ONE PRIME AUTO RECEIVABLES TRUST 2025-1 A2A 4.39% 01/16/2029                             | CUSIP: 14043YAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  19700000 | PA      | $19723651.82  | 0.32%             | 2029-01-16      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC                                    | PHILIP MORRIS INTL INC FRN SOFR+66 10/27/2028                                                    | CUSIP: 718172EB1<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |  13237000 | PA      | $13248087.58  | 0.22%             | 2028-10-27      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| AMPHENOL CORPORATION NEW                                           | AMPHENOL CORPORATION NEW FRN SOFR+53 11/15/2027                                                  | CUSIP: 032095AV3<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |   8714000 | PA      | $8727497.46   | 0.14%             | 2027-11-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                               | ROYAL BANK OF CANADA FRN SOFR+70 11/03/2028                                                      | CUSIP: 78017DAP3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  13000000 | PA      | $13012317.24  | 0.21%             | 2028-11-03      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| AFFIRM ASSET SECURITIZATION TRUST 2025-X2                          | SEAFFIRM ASSET SECURITIZATION TRUST 2025-X2 4.66% 10/15/2030 144A                                | CUSIP: 00835DAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  15175000 | PA      | $15189555.86  | 0.25%             | 2030-10-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FIAOT 2025-1A                                                      | FIAOT 2025-1A A2 4.42% 12/15/2028 144A                                                           | CUSIP: 32059WAC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  12135000 | PA      | $12137124.84  | 0.20%             | 2028-12-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY PRIVATE BANK NA                                     | MORGAN STANLEY PRIVATE BANK NA FRN SOFR+78 11/17/2028                                            | CUSIP: 61776NZT3<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |  19600000 | PA      | $19616150.40  | 0.32%             | 2028-11-17      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| PFIZER INC                                                         | PFIZER INC FRN SOFR+50 11/15/2027                                                                | CUSIP: 717081FC2<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |   5367000 | PA      | $5380283.33   | 0.09%             | 2027-11-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT 2025-3A                                  | GREENSKY HOME IMPROVEMENT 2025-3A A1 4.63% 12/27/2060 144A                                       | CUSIP: 39571WAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  15170000 | PA      | $15173895.66  | 0.25%             | 2060-12-27      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-30

**Name of Applicant:** Laura M. Del Prato

**Signature:** Laura M. Del Prato

**Name of Signer:** Laura M. Del Prato

**Title:** President and Treasurer