# EDGAR Filing Document

**Accession Number:** 0001644419
**File Stem:** 0000910472-26-000648
**Filing Date:** 2026-1
**Character Count:** 104835
**Document Hash:** 887f7d3a817ed158d7e2f74ed2fff23f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-000648.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0000910472-26-000648

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260127

**DATE AS OF CHANGE**: 20260127

**PERIOD START**: 20251130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Northern Lights Fund Trust IV
- **CENTRAL INDEX KEY:** 0001644419

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0916

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23066
- **FILM NUMBER:** 26566594

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 402-895-1600

**MAIL ADDRESS:**
- **STREET 1:** 17605 WRIGHT STREET
- **STREET 2:** SUITE 200
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68154-1150

## Series and Classes Contracts Data

### Inspire Corporate Bond ETF (Series ID: S000056116)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000176728 | Inspire Corporate Bond ETF | IBD             |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Northern Lights Fund Trust IV

- **b. Investment Company Act file number:** 811-23066

- **c. CIK number of Registrant:** 0001644419

- **d. LEI of Registrant:** 549300UIBIHXQ3PDEC28

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

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 631-470-2600

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

- **a. Name of Series:** Inspire Corporate Bond ETF

- **b. EDGAR series identifier (if any):** S000056116

- **c. LEI of Series:** 549300DLDH7OYNEDTI28

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

- **a. Date of fiscal year-end:** 2025-11-30

- **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:** $452167067.47

**Total Liabilities:** $2637150.12

**Net Assets:** $449529917.35

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 49.20036300 | **1-Year:** 28360.98108100 | **5-Year:** 112012.55746000 | **10-Year:** 37673.46278400 | **30-Year:** 0.00000000

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

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

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000176728 | 0.54%                | 0.26%                | 0.64%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $76521.66                | $744278.60                                 |
| Month 2  | $50565.41                | $-566696.81                                |
| Month 3  | $0.00                    | $1382735.93                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Waste Management, Inc.                                    | WM 3.15 11/15/27                              | CUSIP: 94106LBE8<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $986962.97    | 0.22%             | 2027-11-15      | Fixed         | 3.15%                 | No            | 2                  | On Loan: No      |
| The Campbells Co.                                         | CPB 5.4 03/21/34                              | CUSIP: 134429BP3<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1031034.31   | 0.23%             | 2034-03-21      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| QUALCOMM Inc.                                             | QCOM 3 1/4 05/20/27                           | CUSIP: 747525AU7<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $992965.63    | 0.22%             | 2027-05-20      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Crown Castle Inc.                                         | CCI 3.3 07/01/30                              | CUSIP: 22822VAR2<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $950882.87    | 0.21%             | 2030-07-01      | Fixed         | 3.30%                 | No            | 2                  | On Loan: No      |
| Albemarle Corp                                            | ALB 5.05 06/01/32                             | CUSIP: 012653AE1<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1004047.11   | 0.22%             | 2032-06-01      | Fixed         | 5.05%                 | No            | 2                  | On Loan: No      |
| Arrow Electronics, Inc.                                   | ARW 2.95 02/15/32                             | CUSIP: 04273WAC5<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $900914.03    | 0.20%             | 2032-02-15      | Fixed         | 2.95%                 | No            | 2                  | On Loan: No      |
| Schlumberger Holdings Corporation                         | SLB 4.3 05/01/29                              | CUSIP: 806851AH4<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1006115.43   | 0.22%             | 2029-05-01      | Fixed         | 4.30%                 | Yes           | 2                  | On Loan: No      |
| Jabil Inc                                                 | JBL 4 1/4 05/15/27                            | CUSIP: 466313AM5<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1001010.40   | 0.22%             | 2027-05-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Teledyne FLIR LLC                                         | TDY 2 1/2 08/01/30                            | CUSIP: 302445AE1<br>LEI: 5493000HDPX16EHNN346 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $927551.96    | 0.21%             | 2030-08-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Zions Bancorporation Natl Assn Global Bank                | ZION 3 1/4 10/29/29                           | CUSIP: 98971DAB6<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $934524.20    | 0.21%             | 2029-10-29      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Jabil Inc                                                 | JBL 3 01/15/31                                | CUSIP: 466313AK9<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $929761.60    | 0.21%             | 2031-01-15      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Western Digital Corp.                                     | WDC 2.85 02/01/29                             | CUSIP: 958102AQ8<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $951264.60    | 0.21%             | 2029-02-01      | Fixed         | 2.85%                 | No            | 2                  | On Loan: No      |
| NNN REIT Inc                                              | NNN 5.6 10/15/33                              | CUSIP: 637417AS5<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1054045.10   | 0.23%             | 2033-10-15      | Fixed         | 5.60%                 | No            | 2                  | On Loan: No      |
| Mohawk Industries, Inc.                                   | MHK 3 5/8 05/15/30                            | CUSIP: 608190AL8<br>LEI: 549300JI1115MG3Q6322 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $970473.13    | 0.22%             | 2030-05-15      | Fixed         | 3.62%                 | No            | 2                  | On Loan: No      |
| Marvell Technology Inc                                    | MRVL 5.45 07/15/35                            | CUSIP: 573874AS3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1034511.76   | 0.23%             | 2035-07-15      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| Caterpillar Inc                                           | CAT 5.2 05/15/35                              | CUSIP: 149123CL3<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1047343.08   | 0.23%             | 2035-05-15      | Fixed         | 5.20%                 | No            | 2                  | On Loan: No      |
| Quanta Services, Inc.                                     | PWR 5 1/4 08/09/34                            | CUSIP: 74762EAL6<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1035404.15   | 0.23%             | 2034-08-09      | Fixed         | 5.25%                 | No            | 2                  | On Loan: —       |
| Ryder System, Inc.                                        | R 5 3/8 03/15/29                              | CUSIP: 78355HKZ1<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1037148.19   | 0.23%             | 2029-03-15      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| QUALCOMM Inc.                                             | QCOM 1.3 05/20/28                             | CUSIP: 747525BN2<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $941396.88    | 0.21%             | 2028-05-20      | Fixed         | 1.30%                 | No            | 2                  | On Loan: No      |
| Republic Services, Inc.                                   | RSG 3 3/8 11/15/27                            | CUSIP: 760759AS9<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $992087.42    | 0.22%             | 2027-11-15      | Fixed         | 3.38%                 | No            | 2                  | On Loan: No      |
| Wabtec Corp                                               | WAB 4.7 09/15/28                              | CUSIP: 960386AM2<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1012361.83   | 0.23%             | 2028-09-15      | Fixed         | 4.70%                 | No            | 2                  | On Loan: No      |
| Roper Technologies Inc                                    | ROP 4 3/4 02/15/32                            | CUSIP: 776696AH9<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1014696.87   | 0.23%             | 2032-02-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Diamondback Energy Inc                                    | FANG 5.55 04/01/35                            | CUSIP: 25278XBC2<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1034402.59   | 0.23%             | 2035-04-01      | Fixed         | 5.55%                 | No            | 2                  | On Loan: No      |
| Extra Space Storage LP                                    | EXR 2.35 03/15/32                             | CUSIP: 30225VAG2<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $874968.16    | 0.19%             | 2032-03-15      | Fixed         | 2.35%                 | No            | 2                  | On Loan: No      |
| Stanley Black & Decker, Inc.                              | SWK 2.3 03/15/30                              | CUSIP: 854502AL5<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $914069.97    | 0.20%             | 2030-03-15      | Fixed         | 2.30%                 | No            | 2                  | On Loan: —       |
| Mondelez International, Inc.                              | MDLZ 4 3/4 02/20/29                           | CUSIP: 609207BC8<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1023253.81   | 0.23%             | 2029-02-20      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Cabot Corporation                                         | CBT 5 06/30/32                                | CUSIP: 127055AM3<br>LEI: K05C0SER542GQ6VLRO68 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1020412.64   | 0.23%             | 2032-06-30      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Mondelez International, Inc.                              | MDLZ 2 3/4 04/13/30                           | CUSIP: 609207AT2<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $944407.54    | 0.21%             | 2030-04-13      | Fixed         | 2.75%                 | No            | 2                  | On Loan: No      |
| Camden Property Trust                                     | CPT 4.9 01/15/34                              | CUSIP: 133131BB7<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $9369285.61   | 2.08%             | 2034-01-15      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| First Citizens Bank & Trust Company                       | FCNCA 6 1/8 03/09/28                          | CUSIP: 125581GX0<br>LEI: L9VVX1KT5TFTKS0MLF66 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1037550.79   | 0.23%             | 2028-03-09      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| Amphenol Corporation                                      | APH 5.05 04/05/27                             | CUSIP: 032095AN1<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1014756.20   | 0.23%             | 2027-04-05      | Fixed         | 5.05%                 | No            | 2                  | On Loan: No      |
| Amcor Finance (USA) Inc.                                  | AMCR 4 1/2 05/15/28                           | CUSIP: 02343UAH8<br>LEI: 549300ZMT7FVT8R77U18 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1005798.10   | 0.22%             | 2028-05-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Extra Space Storage LP                                    | EXR 2.55 06/01/31                             | CUSIP: 30225VAF4<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $8371913.24   | 1.86%             | 2031-06-01      | Fixed         | 2.55%                 | No            | 2                  | On Loan: —       |
| D.R. Horton, Inc.                                         | DHI 1.3 10/15/26                              | CUSIP: 23331ABQ1<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $977135.90    | 0.22%             | 2026-10-15      | Fixed         | 1.30%                 | No            | 2                  | On Loan: No      |
| Masco Corporation                                         | MAS 2 02/15/31                                | CUSIP: 574599BQ8<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $887729.73    | 0.20%             | 2031-02-15      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| CSX Corporation                                           | CSX 3.8 03/01/28                              | CUSIP: 126408HJ5<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999023.10    | 0.22%             | 2028-03-01      | Fixed         | 3.80%                 | No            | 2                  | On Loan: No      |
| Cintas Corporation No. 2                                  | CTAS 4 05/01/32                               | CUSIP: 17252MAQ3<br>LEI: 549300QVUQTTKMTE0G41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $986253.08    | 0.22%             | 2032-05-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Ingersoll Rand Inc                                        | IR 5.176 06/15/29                             | CUSIP: 45687VAD8<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1037035.36   | 0.23%             | 2029-06-15      | Fixed         | 5.18%                 | No            | 2                  | On Loan: No      |
| Nordson Corp                                              | NDSN 5.8 09/15/33                             | CUSIP: 655663AB8<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1071409.42   | 0.24%             | 2033-09-15      | Fixed         | 5.80%                 | No            | 2                  | On Loan: No      |
| Mohawk Industries, Inc.                                   | MHK 5.85 09/18/28                             | CUSIP: 608190AM6<br>LEI: 549300JI1115MG3Q6322 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1043926.91   | 0.23%             | 2028-09-18      | Fixed         | 5.85%                 | No            | 2                  | On Loan: No      |
| Digital Realty Trust, L.P.                                | DLR 4.45 07/15/28                             | CUSIP: 25389JAT3<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1008382.52   | 0.22%             | 2028-07-15      | Fixed         | 4.45%                 | No            | 2                  | On Loan: No      |
| Mondelez International, Inc.                              | MDLZ 4 3/4 08/28/34                           | CUSIP: 609207BE4<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1002478.76   | 0.22%             | 2034-08-28      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Devon Financing Corp ULC                                  | DVN 7 7/8 09/30/31                            | CUSIP: 25179SAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1165454.62   | 0.26%             | 2031-09-30      | Fixed         | 7.88%                 | No            | 2                  | On Loan: No      |
| Automatic Data Processing, Inc.                           | ADP 4.45 09/09/34                             | CUSIP: 053015AH6<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1001542.31   | 0.22%             | 2034-09-09      | Fixed         | 4.45%                 | No            | 2                  | On Loan: —       |
| QUALCOMM Inc.                                             | QCOM 4 3/4 05/20/32                           | CUSIP: 747525BV4<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1028338.99   | 0.23%             | 2032-05-20      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Amcor Flexibles North America Inc                         | AMCR 2.63 06/19/30                            | CUSIP: 081437AT2<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $928561.43    | 0.21%             | 2030-06-19      | Fixed         | 2.63%                 | No            | 2                  | On Loan: No      |
| Primerica, Inc.                                           | PRI 2.8 11/19/31                              | CUSIP: 74164MAB4<br>LEI: 254900621R686KJR7022 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $908010.70    | 0.20%             | 2031-11-19      | Fixed         | 2.80%                 | No            | 2                  | On Loan: No      |
| Cintas Corporation No. 2                                  | CTAS 3.7 04/01/27                             | CUSIP: 17252MAN0<br>LEI: 549300QVUQTTKMTE0G41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $997283.49    | 0.22%             | 2027-04-01      | Fixed         | 3.70%                 | No            | 2                  | On Loan: No      |
| Conagra Brands Inc                                        | CAG 5 3/4 08/01/35                            | CUSIP: 205887CL4<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1030432.57   | 0.23%             | 2035-08-01      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Wabtec Corp                                               | WAB 5.611 03/11/34                            | CUSIP: 960386AR1<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1061897.94   | 0.24%             | 2034-03-11      | Fixed         | 5.61%                 | No            | 2                  | On Loan: No      |
| Caterpillar Inc                                           | CAT 2.6 09/19/29                              | CUSIP: 149123CG4<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $8796048.33   | 1.96%             | 2029-09-19      | Fixed         | 2.60%                 | No            | 2                  | On Loan: No      |
| Omega Healthcare Investors, Inc.                          | OHI 3 5/8 10/01/29                            | CUSIP: 681936BL3<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $966042.47    | 0.21%             | 2029-10-01      | Fixed         | 3.62%                 | No            | 2                  | On Loan: No      |
| WEC Energy Group Inc.                                     | WEC 1 3/8 10/15/27                            | CUSIP: 92939UAD8<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $953470.23    | 0.21%             | 2027-10-15      | Fixed         | 1.38%                 | No            | 2                  | On Loan: No      |
| Crown Castle Inc.                                         | CCI 5.8 03/01/34                              | CUSIP: 22822VBE0<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1054782.42   | 0.23%             | 2034-03-01      | Fixed         | 5.80%                 | No            | 2                  | On Loan: No      |
| W. P. Carey Inc                                           | WPC 2 1/4 04/01/33                            | CUSIP: 92936UAH2<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $847802.78    | 0.19%             | 2033-04-01      | Fixed         | 2.25%                 | No            | 2                  | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                     | ARE 4.7 07/01/30                              | CUSIP: 015271AN9<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1011672.54   | 0.23%             | 2030-07-01      | Fixed         | 4.70%                 | No            | 2                  | On Loan: No      |
| Conagra Brands Inc                                        | CAG 1 3/8 11/01/27                            | CUSIP: 205887CF7<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $8725202.54   | 1.94%             | 2027-11-01      | Fixed         | 1.38%                 | No            | 2                  | On Loan: No      |
| Steel Dynamics, Inc.                                      | STLD 3 1/4 01/15/31                           | CUSIP: 858119BM1<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $953588.84    | 0.21%             | 2031-01-15      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| LXP Industrial Trust                                      | LXP 2.7 09/15/30                              | CUSIP: 529043AE1<br>LEI: 549300S4MH2ICXDBFV43 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $920206.14    | 0.20%             | 2030-09-15      | Fixed         | 2.70%                 | No            | 2                  | On Loan: No      |
| BorgWarner Inc.                                           | BWA 2.65 07/01/27                             | CUSIP: 099724AL0<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $979370.37    | 0.22%             | 2027-07-01      | Fixed         | 2.65%                 | No            | 2                  | On Loan: No      |
| Targa Resources Partners LP/Targa Resources Finance Corp. | TRGP 5 01/15/28                               | CUSIP: 87612BBG6<br>LEI: 6OQWTZ1SPC04IFT4T704 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000190.18   | 0.22%             | 2028-01-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Eversource Energy                                         | ES 5.95 07/15/34                              | CUSIP: 30040WAZ1<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1063808.29   | 0.24%             | 2034-07-15      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| Carlisle Companies Inc.                                   | CSL 3 3/4 12/01/27                            | CUSIP: 142339AH3<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995071.55    | 0.22%             | 2027-12-01      | Fixed         | 3.75%                 | No            | 2                  | On Loan: No      |
| Amdocs Limited                                            | DOX 2.538 06/15/30                            | CUSIP: 02342TAE9<br>LEI: 549300HQV672RJ7RQV66 | Long             | DBT              | CORP              | GG        |   1000000 | PA      | $918676.92    | 0.20%             | 2030-06-15      | Fixed         | 2.54%                 | No            | 2                  | On Loan: No      |
| Kyndryl Holdings Inc                                      | KD 6.35 02/20/34                              | CUSIP: 50155QAN0<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1057949.06   | 0.24%             | 2034-02-20      | Fixed         | 6.35%                 | No            | 2                  | On Loan: —       |
| Public Service Enterprise Group Incorporated              | PEG 5.4 03/15/35                              | CUSIP: 744573BB1<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1036316.77   | 0.23%             | 2035-03-15      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Ingersoll Rand Inc                                        | IR 5.7 08/14/33                               | CUSIP: 45687VAB2<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1067608.22   | 0.24%             | 2033-08-14      | Fixed         | 5.70%                 | No            | 2                  | On Loan: No      |
| Regions Financial Corporation                             | RF 1.8 08/12/28                               | CUSIP: 7591EPAT7<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $942983.33    | 0.21%             | 2028-08-12      | Fixed         | 1.80%                 | No            | 2                  | On Loan: No      |
| Skyworks Solutions, Inc.                                  | SWKS 3 06/01/31                               | CUSIP: 83088MAL6<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $906530.63    | 0.20%             | 2031-06-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fortinet Inc                                              | FTNT 2.2 03/15/31                             | CUSIP: 34959EAB5<br>LEI: 549300O0QJWDBAS0QX03 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $8257051.70   | 1.84%             | 2031-03-15      | Fixed         | 2.20%                 | No            | 2                  | On Loan: No      |
| MPLX LP                                                   | MPLX 5.4 04/01/35                             | CUSIP: 55336VBY5<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1014568.93   | 0.23%             | 2035-04-01      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Newmont Corporation                                       | NEM 2.6 07/15/32                              | CUSIP: 651639AZ9<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $8385916.66   | 1.87%             | 2032-07-15      | Fixed         | 2.60%                 | No            | 2                  | On Loan: —       |
| Stanley Black & Decker, Inc.                              | SWK 3 05/15/32                                | CUSIP: 854502AQ4<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $905114.63    | 0.20%             | 2032-05-15      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Schlumberger Holdings Corporation                         | SLB 3.9 05/17/28                              | CUSIP: 806851AK7<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998995.68    | 0.22%             | 2028-05-17      | Fixed         | 3.90%                 | Yes           | 2                  | On Loan: No      |
| Ventas Realty Limited Partnership                         | VTR 4.4 01/15/29                              | CUSIP: 92277GAN7<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1005588.42   | 0.22%             | 2029-01-15      | Fixed         | 4.40%                 | No            | 2                  | On Loan: No      |
| Broadcom Inc                                              | AVGO 4.11 09/15/28                            | CUSIP: 11135FAL5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1004381.51   | 0.22%             | 2028-09-15      | Fixed         | 4.11%                 | No            | 2                  | On Loan: No      |
| National Fuel Gas Company                                 | NFG 2.95 03/01/31                             | CUSIP: 636180BR1<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $914747.87    | 0.20%             | 2031-03-01      | Fixed         | 2.95%                 | No            | 2                  | On Loan: No      |
| Boston Properties LP                                      | BXP 3 1/4 01/30/31                            | CUSIP: 10112RBD5<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $8627391.08   | 1.92%             | 2031-01-30      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| MSCI Inc.                                                 | MSCI 5 1/4 09/01/35                           | CUSIP: 55354GAR1<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1011627.31   | 0.23%             | 2035-09-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Marvell Technology Inc                                    | MRVL 2.95 04/15/31                            | CUSIP: 573874AJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $928270.03    | 0.21%             | 2031-04-15      | Fixed         | 2.95%                 | No            | 2                  | On Loan: No      |
| Atmos Energy Corp.                                        | ATO 2 5/8 09/15/29                            | CUSIP: 049560AR6<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $8751244.33   | 1.95%             | 2029-09-15      | Fixed         | 2.62%                 | No            | 2                  | On Loan: No      |
| Centerpoint Energy Inc                                    | CNP 2.65 06/01/31                             | CUSIP: 15189TBB2<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $914343.84    | 0.20%             | 2031-06-01      | Fixed         | 2.65%                 | No            | 2                  | On Loan: No      |
| Cboe Global Markets Inc                                   | CBOE 3.65 01/12/27                            | CUSIP: 12503MAA6<br>LEI: 529900RLNSGA90UPEH54 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $9165964.23   | 2.04%             | 2027-01-12      | Fixed         | 3.65%                 | No            | 2                  | On Loan: No      |
| Prologis, L.P.                                            | PLD 1 1/4 10/15/30                            | CUSIP: 74340XBR1<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $876135.32    | 0.19%             | 2030-10-15      | Fixed         | 1.25%                 | No            | 2                  | On Loan: No      |
| Kinder Morgan, Inc.                                       | KMI 5.2 06/01/33                              | CUSIP: 49456BAX9<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1032819.53   | 0.23%             | 2033-06-01      | Fixed         | 5.20%                 | No            | 2                  | On Loan: No      |
| EQT Corporation                                           | EQT 7 02/01/30                                | CUSIP: 26884LAG4<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1088301.10   | 0.24%             | 2030-02-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Republic Services, Inc.                                   | RSG 2.3 03/01/30                              | CUSIP: 760759AV2<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $931659.25    | 0.21%             | 2030-03-01      | Fixed         | 2.30%                 | No            | 2                  | On Loan: No      |
| Entergy Corporation                                       | ETR 2.8 06/15/30                              | CUSIP: 29364GAL7<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $938942.30    | 0.21%             | 2030-06-15      | Fixed         | 2.80%                 | No            | 2                  | On Loan: No      |
| Cheniere Energy Partners Lp                               | CQP 5.95 06/30/33                             | CUSIP: 16411QAQ4<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1063104.34   | 0.24%             | 2033-06-30      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| Republic Services, Inc.                                   | RSG 1 3/4 02/15/32                            | CUSIP: 760759AZ3<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $865777.99    | 0.19%             | 2032-02-15      | Fixed         | 1.75%                 | No            | 2                  | On Loan: No      |
| Dentsply Sirona Inc                                       | XRAY 3 1/4 06/01/30                           | CUSIP: 24906PAA7<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $923870.90    | 0.21%             | 2030-06-01      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Trimble Inc                                               | TRMB 6.1 03/15/33                             | CUSIP: 896239AE0<br>LEI: 549300E2MI7NSZFQWS19 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1079380.32   | 0.24%             | 2033-03-15      | Fixed         | 6.10%                 | No            | 2                  | On Loan: No      |
| The Progressive Corporation                               | PGR 3.2 03/26/30                              | CUSIP: 743315AW3<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $967255.46    | 0.22%             | 2030-03-26      | Fixed         | 3.20%                 | No            | 2                  | On Loan: No      |
| Public Storage                                            | PSA 3.094 09/15/27                            | CUSIP: 74460DAC3<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $987174.88    | 0.22%             | 2027-09-15      | Fixed         | 3.09%                 | No            | 2                  | On Loan: No      |
| Archer-Daniels-Midland Co.                                | ADM 4 1/2 08/15/33                            | CUSIP: 039482AE4<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1006121.16   | 0.22%             | 2033-08-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Jabil Inc                                                 | JBL 3.6 01/15/30                              | CUSIP: 466313AJ2<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $8881510.17   | 1.98%             | 2030-01-15      | Fixed         | 3.60%                 | No            | 2                  | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                     | ARE 3 3/8 08/15/31                            | CUSIP: 015271AR0<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $938884.47    | 0.21%             | 2031-08-15      | Fixed         | 3.38%                 | No            | 2                  | On Loan: No      |
| Coca-Cola Consolidated Inc                                | COKE 5.45 06/01/34                            | CUSIP: 191098AP7<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1055407.64   | 0.23%             | 2034-06-01      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| Waste Management, Inc.                                    | WM 4 5/8 02/15/33                             | CUSIP: 94106LBU2<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1020218.05   | 0.23%             | 2033-02-15      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| Paychex Inc                                               | PAYX 5.6 04/15/35                             | CUSIP: 704326AC1<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1052101.92   | 0.23%             | 2035-04-15      | Fixed         | 5.60%                 | No            | 2                  | On Loan: —       |
| Jabil Inc                                                 | JBL 3.95 01/12/28                             | CUSIP: 466313AH6<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $997548.43    | 0.22%             | 2028-01-12      | Fixed         | 3.95%                 | No            | 2                  | On Loan: —       |
| Essential Utilities Inc                                   | WTRG 4.8 08/15/27                             | CUSIP: 29670GAJ1<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1010962.82   | 0.22%             | 2027-08-15      | Fixed         | 4.80%                 | No            | 2                  | On Loan: No      |
| Amphenol Corporation                                      | APH 2.2 09/15/31                              | CUSIP: 032095AL5<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $895586.50    | 0.20%             | 2031-09-15      | Fixed         | 2.20%                 | No            | 2                  | On Loan: No      |
| Aptargroup Inc.                                           | ATR 3.6 03/15/32                              | CUSIP: 038336AA1<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $936769.97    | 0.21%             | 2032-03-15      | Fixed         | 3.60%                 | No            | 2                  | On Loan: No      |
| Prologis, L.P.                                            | PLD 2 1/4 04/15/30                            | CUSIP: 74340XBM2<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $928055.19    | 0.21%             | 2030-04-15      | Fixed         | 2.25%                 | No            | 2                  | On Loan: No      |
| Ventas Realty Limited Partnership                         | VTR 4 03/01/28                                | CUSIP: 92277GAM9<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998216.42    | 0.22%             | 2028-03-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Omega Healthcare Investors, Inc.                          | OHI 4 3/4 01/15/28                            | CUSIP: 681936BK5<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1009420.06   | 0.22%             | 2028-01-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| The Progressive Corporation                               | PGR 4.95 06/15/33                             | CUSIP: 743315BB8<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1031481.86   | 0.23%             | 2033-06-15      | Fixed         | 4.95%                 | No            | 2                  | On Loan: No      |
| Atmos Energy Corp.                                        | ATO 3 06/15/27                                | CUSIP: 049560AN5<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $988694.70    | 0.22%             | 2027-06-15      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Revvity Inc                                               | RVTY 2 1/4 09/15/31                           | CUSIP: 714046AN9<br>LEI: 549300IKL1SDPFI7N655 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $883051.77    | 0.20%             | 2031-09-15      | Fixed         | 2.25%                 | No            | 2                  | On Loan: —       |
| Albemarle Corp                                            | ALB 4.65 06/01/27                             | CUSIP: 012653AD3<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1003004.08   | 0.22%             | 2027-06-01      | Fixed         | 4.65%                 | No            | 2                  | On Loan: No      |
| KLA Corp.                                                 | KLAC 4.7 02/01/34                             | CUSIP: 482480AP5<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1012812.73   | 0.23%             | 2034-02-01      | Fixed         | 4.70%                 | No            | 2                  | On Loan: No      |
| QUALCOMM Inc.                                             | QCOM 2.15 05/20/30                            | CUSIP: 747525BK8<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $922795.96    | 0.21%             | 2030-05-20      | Fixed         | 2.15%                 | No            | 2                  | On Loan: No      |
| UDR Inc                                                   | UDR 2.1 08/01/32                              | CUSIP: 90265EAT7<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $860442.38    | 0.19%             | 2032-08-01      | Fixed         | 2.10%                 | No            | 2                  | On Loan: No      |
| Roper Technologies Inc                                    | ROP 3.8 12/15/26                              | CUSIP: 776743AD8<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $997826.88    | 0.22%             | 2026-12-15      | Fixed         | 3.80%                 | No            | 2                  | On Loan: No      |
| Boston Properties LP                                      | BXP 2.55 04/01/32                             | CUSIP: 10112RBE3<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $873193.66    | 0.19%             | 2032-04-01      | Fixed         | 2.55%                 | No            | 2                  | On Loan: No      |
| Ryder System, Inc.                                        | R 6.6 12/01/33                                | CUSIP: 78355HKY4<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1123975.58   | 0.25%             | 2033-12-01      | Fixed         | 6.60%                 | No            | 2                  | On Loan: No      |
| Digital Realty Trust, L.P.                                | DLR 3.6 07/01/29                              | CUSIP: 25389JAU0<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $981735.06    | 0.22%             | 2029-07-01      | Fixed         | 3.60%                 | No            | 2                  | On Loan: No      |
| Waste Connections Inc.                                    | WCNCN 4 1/4 12/01/28                          | CUSIP: 941053AH3<br>LEI: 549300ZX1Z8QGWASPX54 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $1008456.86   | 0.22%             | 2028-12-01      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Veralto Corp.                                             | VLTO 5.45 09/18/33                            | CUSIP: 92338CAF0<br>LEI: 635400FJE6GSOJUSNY27 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1050209.84   | 0.23%             | 2033-09-18      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| MPLX LP                                                   | MPLX 4.95 09/01/32                            | CUSIP: 55336VBU3<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1008353.34   | 0.22%             | 2032-09-01      | Fixed         | 4.95%                 | No            | 2                  | On Loan: No      |
| Parker-Hannifin Corp.                                     | PH 3 1/4 06/14/29                             | CUSIP: 701094AN4<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $8981634.04   | 2.00%             | 2029-06-14      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Broadcom Inc                                              | AVGO 5.2 07/15/35                             | CUSIP: 11135FCM1<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1041718.90   | 0.23%             | 2035-07-15      | Fixed         | 5.20%                 | No            | 2                  | On Loan: No      |
| Pulte Group Inc                                           | PHM 6 3/8 05/15/33                            | CUSIP: 745867AP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1101274.49   | 0.24%             | 2033-05-15      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| GE Healthcare Technologies Inc.                           | GEHC 4.8 01/15/31                             | CUSIP: 36266GAB3<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1020562.45   | 0.23%             | 2031-01-15      | Fixed         | 4.80%                 | No            | 2                  | On Loan: No      |
| The Campbells Co.                                         | CPB 4.15 03/15/28                             | CUSIP: 134429BG3<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1002388.66   | 0.22%             | 2028-03-15      | Fixed         | 4.15%                 | No            | 2                  | On Loan: No      |
| Carlisle Companies Inc.                                   | CSL 2.2 03/01/32                              | CUSIP: 142339AL4<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $874458.16    | 0.19%             | 2032-03-01      | Fixed         | 2.20%                 | No            | 2                  | On Loan: No      |
| Tennessee Gas Pipeline Company                            | KMI 7 10/15/28                                | CUSIP: 880451AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1077361.71   | 0.24%             | 2028-10-15      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| W. P. Carey Inc                                           | WPC 2.4 02/01/31                              | CUSIP: 92936UAG4<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $900607.05    | 0.20%             | 2031-02-01      | Fixed         | 2.40%                 | No            | 2                  | On Loan: No      |
| Quanta Services, Inc.                                     | PWR 4 1/2 01/15/31                            | CUSIP: 74762EAN2<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1005066.90   | 0.22%             | 2031-01-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Oneok Inc.                                                | OKE 6 06/15/35                                | CUSIP: 682680AN3<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1059267.14   | 0.24%             | 2035-06-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Agco Corporation                                          | AGCO 5.45 03/21/27                            | CUSIP: 001084AR3<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1013011.49   | 0.23%             | 2027-03-21      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| Baxter International, Inc.                                | BAX 2.272 12/01/28                            | CUSIP: 071813CP2<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $941948.09    | 0.21%             | 2028-12-01      | Fixed         | 2.27%                 | No            | 2                  | On Loan: No      |
| McCormick & Company, Incorporated                         | MKC 4.95 04/15/33                             | CUSIP: 579780AT4<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1022477.08   | 0.23%             | 2033-04-15      | Fixed         | 4.95%                 | No            | 2                  | On Loan: No      |
| CSX Corporation                                           | CSX 4 1/4 03/15/29                            | CUSIP: 126408HM8<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1010399.94   | 0.22%             | 2029-03-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Air Lease Corporation                                     | AL 2 7/8 01/15/32                             | CUSIP: 00914AAS1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $898533.63    | 0.20%             | 2032-01-15      | Fixed         | 2.88%                 | No            | 2                  | On Loan: No      |
| Verisk Analytics, Inc.                                    | VRSK 5 3/4 04/01/33                           | CUSIP: 92345YAH9<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1065196.00   | 0.24%             | 2033-04-01      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Fortune Brands Innovations Inc                            | FBINUS 3 1/4 09/15/29                         | CUSIP: 34964CAE6<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $964408.01    | 0.21%             | 2029-09-15      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| UDR Inc                                                   | UDR 3.2 01/15/30                              | CUSIP: 90265EAQ3<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $961586.18    | 0.21%             | 2030-01-15      | Fixed         | 3.20%                 | No            | 2                  | On Loan: No      |
| Ingersoll Rand Inc                                        | IR 5.314 06/15/31                             | CUSIP: 45687VAE6<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1050382.54   | 0.23%             | 2031-06-15      | Fixed         | 5.31%                 | No            | 2                  | On Loan: No      |
| Essential Utilities Inc                                   | WTRG 5 3/8 01/15/34                           | CUSIP: 29670GAH5<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1036513.76   | 0.23%             | 2034-01-15      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| LXP Industrial Trust                                      | LXP 2 3/8 10/01/31                            | CUSIP: 529537AA0<br>LEI: 549300S4MH2ICXDBFV43 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $875242.47    | 0.19%             | 2031-10-01      | Fixed         | 2.38%                 | No            | 2                  | On Loan: No      |
| Solventum Corp.                                           | SOLV 5.45 03/13/31                            | CUSIP: 83444MAQ4<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1044472.40   | 0.23%             | 2031-03-13      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| Royalty Pharma PLC                                        | RPRX 5.4 09/02/34                             | CUSIP: 78081BAR4<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $1029594.64   | 0.23%             | 2034-09-02      | Fixed         | 5.40%                 | No            | 2                  | On Loan: —       |
| Vulcan Materials Company                                  | VMC 3.9 04/01/27                              | CUSIP: 929160AT6<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998820.62    | 0.22%             | 2027-04-01      | Fixed         | 3.90%                 | No            | 2                  | On Loan: —       |
| Stanley Black & Decker, Inc.                              | SWK 6 03/06/28                                | CUSIP: 854502AT8<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1037798.34   | 0.23%             | 2028-03-06      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| KLA Corp.                                                 | KLAC 4.1 03/15/29                             | CUSIP: 482480AG5<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1003726.49   | 0.22%             | 2029-03-15      | Fixed         | 4.10%                 | No            | 2                  | On Loan: No      |
| Amphenol Corporation                                      | APH 2.8 02/15/30                              | CUSIP: 032095AJ0<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $951282.03    | 0.21%             | 2030-02-15      | Fixed         | 2.80%                 | No            | 2                  | On Loan: No      |
| KLA Corp.                                                 | KLAC 4.65 07/15/32                            | CUSIP: 482480AL4<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1021974.55   | 0.23%             | 2032-07-15      | Fixed         | 4.65%                 | No            | 2                  | On Loan: No      |
| Targa Resources Corp.                                     | TRGP 6 1/8 03/15/33                           | CUSIP: 87612GAC5<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1072753.32   | 0.24%             | 2033-03-15      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| EQT Corporation                                           | EQT 5.7 04/01/28                              | CUSIP: 26884LAQ2<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1033199.99   | 0.23%             | 2028-04-01      | Fixed         | 5.70%                 | No            | 2                  | On Loan: No      |
| MSCI Inc.                                                 | MSCI 3 5/8 11/01/31                           | CUSIP: 55354GAM2<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $944251.28    | 0.21%             | 2031-11-01      | Fixed         | 3.62%                 | Yes           | 2                  | On Loan: No      |
| Ventas Realty Limited Partnership                         | VTR 3 1/4 10/15/26                            | CUSIP: 92277GAJ6<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $993246.51    | 0.22%             | 2026-10-15      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Kinder Morgan, Inc.                                       | KMI 4.3 03/01/28                              | CUSIP: 49456BAP6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1005879.73   | 0.22%             | 2028-03-01      | Fixed         | 4.30%                 | No            | 2                  | On Loan: No      |
| Western Digital Corp.                                     | WDC 3.1 02/01/32                              | CUSIP: 958102AR6<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $915801.80    | 0.20%             | 2032-02-01      | Fixed         | 3.10%                 | No            | 2                  | On Loan: No      |
| Verisk Analytics, Inc.                                    | VRSK 4 1/8 03/15/29                           | CUSIP: 92345YAF3<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1001805.91   | 0.22%             | 2029-03-15      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| EQT Corporation                                           | EQT 5 3/4 02/01/34                            | CUSIP: 26884LAR0<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1053910.80   | 0.23%             | 2034-02-01      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Boston Properties LP                                      | BXP 3.4 06/21/29                              | CUSIP: 10112RBB9<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $966260.13    | 0.21%             | 2029-06-21      | Fixed         | 3.40%                 | No            | 2                  | On Loan: No      |
| Essential Utilities Inc                                   | WTRG 2.704 04/15/30                           | CUSIP: 29670GAD4<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $939307.46    | 0.21%             | 2030-04-15      | Fixed         | 2.70%                 | No            | 2                  | On Loan: No      |
| Carlisle Companies Inc.                                   | CSL 2 3/4 03/01/30                            | CUSIP: 142339AJ9<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $8686851.42   | 1.93%             | 2030-03-01      | Fixed         | 2.75%                 | No            | 2                  | On Loan: No      |
| Ventas Realty Limited Partnership                         | VTR 4 3/4 11/15/30                            | CUSIP: 92277GAV9<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1017179.32   | 0.23%             | 2030-11-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Valero Energy Corp.                                       | VLO 4.35 06/01/28                             | CUSIP: 91913YAV2<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $9254329.59   | 2.06%             | 2028-06-01      | Fixed         | 4.35%                 | No            | 2                  | On Loan: No      |
| Genuine Parts Co                                          | GPC 1 7/8 11/01/30                            | CUSIP: 372460AA3<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $876328.76    | 0.19%             | 2030-11-01      | Fixed         | 1.88%                 | No            | 2                  | On Loan: No      |
| Boston Properties LP                                      | BXP 4 1/2 12/01/28                            | CUSIP: 10112RBA1<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1005894.79   | 0.22%             | 2028-12-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| BorgWarner Inc.                                           | BWA 5.4 08/15/34                              | CUSIP: 099724AQ9<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1038990.58   | 0.23%             | 2034-08-15      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Roper Technologies Inc                                    | ROP 1 3/4 02/15/31                            | CUSIP: 776743AL0<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $877312.06    | 0.20%             | 2031-02-15      | Fixed         | 1.75%                 | No            | 2                  | On Loan: No      |
| Kite Realty Group, L.P.                                   | KRG 4 3/4 09/15/30                            | CUSIP: 76131VAB9<br>LEI: 549300X6R2GYI8Y3OD81 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1011794.85   | 0.23%             | 2030-09-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Ingersoll Rand Inc                                        | IR 5.4 08/14/28                               | CUSIP: 45687VAA4<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1035189.37   | 0.23%             | 2028-08-14      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Extra Space Storage LP                                    | EXR 3.9 04/01/29                              | CUSIP: 30225VAH0<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $989631.35    | 0.22%             | 2029-04-01      | Fixed         | 3.90%                 | No            | 2                  | On Loan: No      |
| NNN REIT Inc                                              | NNN 2 1/2 04/15/30                            | CUSIP: 637417AN6<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $932341.93    | 0.21%             | 2030-04-15      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Parker-Hannifin Corp.                                     | PH 4 1/2 09/15/29                             | CUSIP: 701094AS3<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1016447.48   | 0.23%             | 2029-09-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Republic Services, Inc.                                   | RSG 1.45 02/15/31                             | CUSIP: 760759AX8<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $875550.37    | 0.19%             | 2031-02-15      | Fixed         | 1.45%                 | No            | 2                  | On Loan: No      |
| Caterpillar Inc                                           | CAT 1.9 03/12/31                              | CUSIP: 149123CK5<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $901625.98    | 0.20%             | 2031-03-12      | Fixed         | 1.90%                 | No            | 2                  | On Loan: No      |
| DTE Energy Co.                                            | DTE 5.85 06/01/34                             | CUSIP: 233331BL0<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1071226.06   | 0.24%             | 2034-06-01      | Fixed         | 5.85%                 | No            | 2                  | On Loan: No      |
| Omega Healthcare Investors, Inc.                          | OHI 3 1/4 04/15/33                            | CUSIP: 681936BN9<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $893158.78    | 0.20%             | 2033-04-15      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Solventum Corp.                                           | SOLV 5.6 03/23/34                             | CUSIP: 83444MAR2<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1045425.40   | 0.23%             | 2034-03-23      | Fixed         | 5.60%                 | No            | 2                  | On Loan: No      |
| Wabtec Corp                                               | WAB 3.45 11/15/26                             | CUSIP: 960386AL4<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $994176.56    | 0.22%             | 2026-11-15      | Fixed         | 3.45%                 | No            | 2                  | On Loan: No      |
| Equifax Inc.                                              | EFX 5.1 12/15/27                              | CUSIP: 294429AV7<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1018347.32   | 0.23%             | 2027-12-15      | Fixed         | 5.10%                 | No            | 2                  | On Loan: No      |
| Entergy Corporation                                       | ETR 1.9 06/15/28                              | CUSIP: 29364GAN3<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $949148.14    | 0.21%             | 2028-06-15      | Fixed         | 1.90%                 | No            | 2                  | On Loan: No      |
| Oneok Inc.                                                | OKE 4 07/13/27                                | CUSIP: 682680AS2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998874.52    | 0.22%             | 2027-07-13      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Flex Ltd.                                                 | FLEX 5 1/4 01/15/32                           | CUSIP: 33938XAF2<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |   1000000 | PA      | $1021973.78   | 0.23%             | 2032-01-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Trimble Inc                                               | TRMB 4.9 06/15/28                             | CUSIP: 896239AC4<br>LEI: 549300E2MI7NSZFQWS19 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $9344260.51   | 2.08%             | 2028-06-15      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| Crown Castle Inc.                                         | CCI 2 1/2 07/15/31                            | CUSIP: 22822VAY7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $895864.80    | 0.20%             | 2031-07-15      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Ryder System, Inc.                                        | R 5 1/4 06/01/28                              | CUSIP: 78355HKW8<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1027692.19   | 0.23%             | 2028-06-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Roper Technologies Inc                                    | ROP 4.2 09/15/28                              | CUSIP: 776743AF3<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1003256.03   | 0.22%             | 2028-09-15      | Fixed         | 4.20%                 | No            | 2                  | On Loan: No      |
| Paychex Inc                                               | PAYX 5.35 04/15/32                            | CUSIP: 704326AB3<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1040319.67   | 0.23%             | 2032-04-15      | Fixed         | 5.35%                 | No            | 2                  | On Loan: No      |
| Devon Energy Corporation                                  | DVN 5.2 09/15/34                              | CUSIP: 25179MBG7<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1004688.77   | 0.22%             | 2034-09-15      | Fixed         | 5.20%                 | No            | 2                  | On Loan: No      |
| Prologis, L.P.                                            | PLD 1 5/8 03/15/31                            | CUSIP: 74340XBS9<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $876340.06    | 0.19%             | 2031-03-15      | Fixed         | 1.62%                 | No            | 2                  | On Loan: No      |
| QUALCOMM Inc.                                             | QCOM 5.4 05/20/33                             | CUSIP: 747525BS1<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1066059.58   | 0.24%             | 2033-05-20      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Tractor Supply Co                                         | TSCO 5 1/4 05/15/33                           | CUSIP: 892356AB2<br>LEI: 549300OJ9VZHZRO6I137 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1042259.56   | 0.23%             | 2033-05-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Reinsurance Group of America, Incorporated                | RGA 3.15 06/15/30                             | CUSIP: 759351AP4<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $948617.48    | 0.21%             | 2030-06-15      | Fixed         | 3.15%                 | No            | 2                  | On Loan: No      |
| Centerpoint Energy Inc                                    | CNP 2.95 03/01/30                             | CUSIP: 15189TAX5<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $948694.13    | 0.21%             | 2030-03-01      | Fixed         | 2.95%                 | No            | 2                  | On Loan: No      |
| Genuine Parts Co                                          | GPC 2 3/4 02/01/32                            | CUSIP: 372460AC9<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $886877.57    | 0.20%             | 2032-02-01      | Fixed         | 2.75%                 | No            | 2                  | On Loan: No      |
| McCormick & Company, Incorporated                         | MKC 2 1/2 04/15/30                            | CUSIP: 579780AQ0<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $932186.39    | 0.21%             | 2030-04-15      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                     | ARE 3.95 01/15/28                             | CUSIP: 015271AK5<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $994690.62    | 0.22%             | 2028-01-15      | Fixed         | 3.95%                 | No            | 2                  | On Loan: No      |
| Parker-Hannifin Corp.                                     | PH 4 1/4 09/15/27                             | CUSIP: 701094AR5<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1007439.73   | 0.22%             | 2027-09-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Reinsurance Group of America, Incorporated                | RGA 3.9 05/15/29                              | CUSIP: 759351AN9<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $990587.51    | 0.22%             | 2029-05-15      | Fixed         | 3.90%                 | No            | 2                  | On Loan: No      |
| Baxter International, Inc.                                | BAX 3.95 04/01/30                             | CUSIP: 071813BY4<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $8965948.78   | 1.99%             | 2030-04-01      | Fixed         | 3.95%                 | No            | 2                  | On Loan: No      |
| Amcor Flexibles North America Inc                         | AMCR 2.69 05/25/31                            | CUSIP: 02344AAA6<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $8417044.58   | 1.87%             | 2031-05-25      | Fixed         | 2.69%                 | No            | 2                  | On Loan: —       |
| BBH SWEEP VEHICLE                                         | BBH SWEEP VEHICLE                             | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |   3923247 | PA      | $3923247.29   | 0.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Genuine Parts Co                                          | GPC 6 1/2 11/01/28                            | CUSIP: 372460AE5<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1059906.25   | 0.24%             | 2028-11-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Kenvue Inc.                                               | KVUE 4.85 05/22/32                            | CUSIP: 49177JAS1<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1026176.17   | 0.23%             | 2032-05-22      | Fixed         | 4.85%                 | No            | 2                  | On Loan: No      |
| Targa Resources Corp.                                     | TRGP 6.15 03/01/29                            | CUSIP: 87612GAE1<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1055298.34   | 0.23%             | 2029-03-01      | Fixed         | 6.15%                 | No            | 2                  | On Loan: No      |
| Reinsurance Group of America, Incorporated                | RGA 6 09/15/33                                | CUSIP: 759351AR0<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1072798.37   | 0.24%             | 2033-09-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Devon Energy Corporation                                  | DVN 4 1/2 01/15/30                            | CUSIP: 25179MBF9<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1001657.18   | 0.22%             | 2030-01-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Autozone, Inc.                                            | AZO 3 3/4 06/01/27                            | CUSIP: 053332AV4<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $9160925.94   | 2.04%             | 2027-06-01      | Fixed         | 3.75%                 | No            | 2                  | On Loan: —       |
| Arrow Electronics, Inc.                                   | ARW 3 7/8 01/12/28                            | CUSIP: 042735BF6<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $992806.93    | 0.22%             | 2028-01-12      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| Loews Corporation                                         | L 3.2 05/15/30                                | CUSIP: 540424AT5<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $959323.52    | 0.21%             | 2030-05-15      | Fixed         | 3.20%                 | No            | 2                  | On Loan: No      |
| Kinder Morgan, Inc.                                       | KMI 7.8 08/01/31                              | CUSIP: 28368EAD8<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1164765.89   | 0.26%             | 2031-08-01      | Fixed         | 7.80%                 | No            | 2                  | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                     | ARE 2 05/18/32                                | CUSIP: 015271AW9<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $848260.78    | 0.19%             | 2032-05-18      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Kenvue Inc.                                               | KVUE 4.9 03/22/33                             | CUSIP: 49177JAK8<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1025891.23   | 0.23%             | 2033-03-22      | Fixed         | 4.90%                 | No            | 2                  | On Loan: —       |
| Digital Realty Trust, L.P.                                | DLR 3.7 08/15/27                              | CUSIP: 25389JAR7<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $993380.92    | 0.22%             | 2027-08-15      | Fixed         | 3.70%                 | No            | 2                  | On Loan: No      |
| N/A                                                       | FIDELITY COLCHESTER STR TR MONEY MKT GOV PORT | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Sun Communities Operating Limited Partnership             | SUI 2.7 07/15/31                              | CUSIP: 866677AE7<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $912515.55    | 0.20%             | 2031-07-15      | Fixed         | 2.70%                 | No            | 2                  | On Loan: No      |
| Brunswick Corporation                                     | BC 4.4 09/15/32                               | CUSIP: 117043AU3<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $956820.88    | 0.21%             | 2032-09-15      | Fixed         | 4.40%                 | No            | 2                  | On Loan: No      |
| Diamondback Energy Inc                                    | FANG 3 1/2 12/01/29                           | CUSIP: 25278XAN9<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $970367.55    | 0.22%             | 2029-12-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Sun Communities Operating Limited Partnership             | SUI 2.3 11/01/28                              | CUSIP: 866677AF4<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $8756558.90   | 1.95%             | 2028-11-01      | Fixed         | 2.30%                 | No            | 2                  | On Loan: No      |
| Atmos Energy Corp.                                        | ATO 1 1/2 01/15/31                            | CUSIP: 049560AT2<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $878292.51    | 0.20%             | 2031-01-15      | Fixed         | 1.50%                 | No            | 2                  | On Loan: No      |
| Globe Life Inc                                            | GL 5.85 09/15/34                              | CUSIP: 37959EAC6<br>LEI: 5493001JFHKQOPP6XA71 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1053110.58   | 0.23%             | 2034-09-15      | Fixed         | 5.85%                 | No            | 2                  | On Loan: No      |
| GE Healthcare Technologies Inc.                           | GEHC 5 1/2 06/15/35                           | CUSIP: 36266GAC1<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1044819.34   | 0.23%             | 2035-06-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Mondelez International, Inc.                              | MDLZ 2 5/8 03/17/27                           | CUSIP: 609207BA2<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $982484.24    | 0.22%             | 2027-03-17      | Fixed         | 2.62%                 | No            | 2                  | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                     | ARE 4.9 12/15/30                              | CUSIP: 015271AU3<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $9350244.46   | 2.08%             | 2030-12-15      | Fixed         | 4.90%                 | No            | 2                  | On Loan: —       |
| National Fuel Gas Company                                 | NFG 5.95 03/15/35                             | CUSIP: 636180BU4<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1053702.53   | 0.23%             | 2035-03-15      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| Diamondback Energy Inc                                    | FANG 3 1/8 03/24/31                           | CUSIP: 25278XAR0<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $8603980.02   | 1.91%             | 2031-03-24      | Fixed         | 3.12%                 | No            | 2                  | On Loan: No      |
| Evergy Inc                                                | EVRG 2.9 09/15/29                             | CUSIP: 30034WAB2<br>LEI: 549300PGTHDQY6PSUI61 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $8778037.68   | 1.95%             | 2029-09-15      | Fixed         | 2.90%                 | No            | 2                  | On Loan: No      |
| McCormick & Company, Incorporated                         | MKC 3.4 08/15/27                              | CUSIP: 579780AN7<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $990773.22    | 0.22%             | 2027-08-15      | Fixed         | 3.40%                 | No            | 2                  | On Loan: No      |
| National Health Investors, Inc.                           | NHI 3 02/01/31                                | CUSIP: 63633DAF1<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $910177.93    | 0.20%             | 2031-02-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Fortune Brands Innovations Inc                            | FBINUS 5 7/8 06/01/33                         | CUSIP: 34964CAH9<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1061619.81   | 0.24%             | 2033-06-01      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| Amphenol Corporation                                      | APH 5 1/4 04/05/34                            | CUSIP: 032095AQ4<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1048117.33   | 0.23%             | 2034-04-05      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Nucor Corporation                                         | NUE 2.7 06/01/30                              | CUSIP: 670346AS4<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $8661656.57   | 1.93%             | 2030-06-01      | Fixed         | 2.70%                 | No            | 2                  | On Loan: No      |
| Agco Corporation                                          | AGCO 5.8 03/21/34                             | CUSIP: 001084AS1<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1046877.45   | 0.23%             | 2034-03-21      | Fixed         | 5.80%                 | No            | 2                  | On Loan: No      |
| Prologis, L.P.                                            | PLD 3 7/8 09/15/28                            | CUSIP: 74340XBH3<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999091.61    | 0.22%             | 2028-09-15      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| Steel Dynamics, Inc.                                      | STLD 5 1/4 05/15/35                           | CUSIP: 858119BS8<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1027717.73   | 0.23%             | 2035-05-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| CenterPoint Energy Resources Corp.                        | CNP 1 3/4 10/01/30                            | CUSIP: 15189YAF3<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $892330.70    | 0.20%             | 2030-10-01      | Fixed         | 1.75%                 | No            | 2                  | On Loan: No      |
| Entergy Corporation                                       | ETR 2.4 06/15/31                              | CUSIP: 29364GAP8<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $900963.95    | 0.20%             | 2031-06-15      | Fixed         | 2.40%                 | No            | 2                  | On Loan: No      |
| Parker-Hannifin Corp.                                     | PH 3 1/4 03/01/27                             | CUSIP: 701094AJ3<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $992408.06    | 0.22%             | 2027-03-01      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Nasdaq Inc                                                | NDAQ 5.55 02/15/34                            | CUSIP: 63111XAJ0<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1057168.34   | 0.24%             | 2034-02-15      | Fixed         | 5.55%                 | No            | 2                  | On Loan: No      |
| Coca-Cola Consolidated Inc                                | COKE 5 1/4 06/01/29                           | CUSIP: 191098AM4<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1036902.59   | 0.23%             | 2029-06-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| The Campbells Co.                                         | CPB 5.2 03/19/27                              | CUSIP: 134429BM0<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1013926.98   | 0.23%             | 2027-03-19      | Fixed         | 5.20%                 | No            | 2                  | On Loan: No      |
| Diamondback Energy Inc                                    | FANG 3 1/4 12/01/26                           | CUSIP: 25278XAM1<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $991820.74    | 0.22%             | 2026-12-01      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Conagra Brands Inc                                        | CAG 4.85 11/01/28                             | CUSIP: 205887CC4<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1013966.32   | 0.23%             | 2028-11-01      | Fixed         | 4.85%                 | No            | 2                  | On Loan: No      |
| Baxter International, Inc.                                | BAX 1.915 02/01/27                            | CUSIP: 071813CL1<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $974435.94    | 0.22%             | 2027-02-01      | Fixed         | 1.92%                 | No            | 2                  | On Loan: No      |
| Baxter International, Inc.                                | BAX 2.539 02/01/32                            | CUSIP: 071813CS6<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $8044654.52   | 1.79%             | 2032-02-01      | Fixed         | 2.54%                 | No            | 2                  | On Loan: No      |
| NiSource Inc.                                             | NI 5.4 06/30/33                               | CUSIP: 65473PAP0<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1041697.54   | 0.23%             | 2033-06-30      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Amphenol Corporation                                      | APH 4.35 06/01/29                             | CUSIP: 032095AH4<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $9312201.91   | 2.07%             | 2029-06-01      | Fixed         | 4.35%                 | No            | 2                  | On Loan: No      |
| Republic Services, Inc.                                   | RSG 3.95 05/15/28                             | CUSIP: 760759AT7<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $9223058.60   | 2.05%             | 2028-05-15      | Fixed         | 3.95%                 | No            | 2                  | On Loan: No      |
| Steel Dynamics, Inc.                                      | STLD 3.45 04/15/30                            | CUSIP: 858119BK5<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $968512.11    | 0.22%             | 2030-04-15      | Fixed         | 3.45%                 | No            | 2                  | On Loan: No      |
| Invitation Homes Operating Partnership Lp                 | INVH 2 08/15/31                               | CUSIP: 46188BAA0<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $872361.87    | 0.19%             | 2031-08-15      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| NiSource Inc.                                             | NI 1.7 02/15/31                               | CUSIP: 65473PAL9<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $876139.29    | 0.19%             | 2031-02-15      | Fixed         | 1.70%                 | No            | 2                  | On Loan: No      |
| Parker-Hannifin Corp.                                     | PH 4.2 11/21/34                               | CUSIP: 70109HAM7<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $980921.02    | 0.22%             | 2034-11-21      | Fixed         | 4.20%                 | No            | 2                  | On Loan: No      |
| Roper Technologies Inc                                    | ROP 2 06/30/30                                | CUSIP: 776743AJ5<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $904498.62    | 0.20%             | 2030-06-30      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Atmos Energy Corp.                                        | ATO 5.9 11/15/33                              | CUSIP: 049560AZ8<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1091444.07   | 0.24%             | 2033-11-15      | Fixed         | 5.90%                 | No            | 2                  | On Loan: No      |

### Signature

**Date Signed:** 2025-12-26

**Name of Applicant:** Northern Lights Fund Trust IV

**Signature:** Sam Singh

**Name of Signer:** Sam Singh

**Title:** Treasurer