# EDGAR Filing Document

**Accession Number:** 0000088048
**File Stem:** 0001410368-26-019306
**Filing Date:** 2026-2
**Character Count:** 125743
**Document Hash:** 536e2e0055f8ce88f59b7fa88e540d16
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-019306.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0001410368-26-019306

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DEUTSCHE DWS SECURITIES TRUST
- **CENTRAL INDEX KEY:** 0000088048

**ORGANIZATION NAME:**
- **EIN:** 132661231
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02021
- **FILM NUMBER:** 26686860

**BUSINESS ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022-6225
- **BUSINESS PHONE:** 212-454-4500

**MAIL ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022-6225

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DEUTSCHE SECURITIES TRUST
- **DATE OF NAME CHANGE:** 20140811

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DWS SECURITIES TRUST
- **DATE OF NAME CHANGE:** 20060207

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SCUDDER SECURITIES TRUST
- **DATE OF NAME CHANGE:** 19950908

## Series and Classes Contracts Data

### DWS Enhanced Commodity Strategy Fund (Series ID: S000032043)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000099774 | Institutional Class | SKIRX           |
| C000099775 | Class A             | SKNRX           |
| C000099777 | Class C             | SKCRX           |
| C000099779 | Class S             | SKSRX           |
| C000172345 | Class R6            | SKRRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** DEUTSCHE DWS SECURITIES TRUST

- **b. Investment Company Act file number:** 811-02021

- **c. CIK number of Registrant:** 0000088048

- **d. LEI of Registrant:** 7SL8QTS97H1HUY8AHM73

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

  - **Street Address 1:** 875 Third Avenue

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10022-6225

  - **Telephone number:** 212-454-4500

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

- **a. Name of Series:** DWS Enhanced Commodity Strategy Fund

- **b. EDGAR series identifier (if any):** S000032043

- **c. LEI of Series:** U72UPDOVVEAXSRWTZF97

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $849415192.39

**Total Liabilities:** $33202929.53

**Net Assets:** $816212262.86

**Amount of Assets Invested in Other Investment Companies:** $180543265.40

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -3103.45000000 | **1-Year:** -53175.34000000 | **5-Year:** -31220.47000000 | **10-Year:** -5026.94000000 | **30-Year:** -724.86000000

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

- **3-Month:** -153.47000000 | **1-Year:** -2311.39000000 | **5-Year:** -1473.29000000 | **10-Year:** -48.71000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000099774 | 1.89%                | 2.53%                | -0.15%               |
| Class ID C000099775 | 1.92%                | 2.40%                | -0.20%               |
| Class ID C000099777 | 1.97%                | 2.32%                | -0.19%               |
| Class ID C000099779 | 1.90%                | 2.54%                | -0.16%               |
| Class ID C000172345 | 1.89%                | 2.53%                | -0.14%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $36282.17                | $-383785.60                                |
| Month 2  | $-2008584.22             | $2015945.81                                |
| Month 3  | $15460.59                | $122536.69                                 |

**Designated Index Information**

- **Index Name:** Bloomberg Commodity Index Total Return

- **Index Identifier:** DJUBSCOM

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AB Bsl CLO 1 Ltd                                 | AB BSL CLO 4 Ltd                                                                                                           | CUSIP: 00037VAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $1001075.00   | 0.12%             | 2038-04-20      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| AGCO CORP                                        | AGCO Corp                                                                                                                  | CUSIP: 001084AR3<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | DBT              | CORP              | US        |   1270000 | PA      | $1287132.29   | 0.16%             | 2027-03-21      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                                                  | CUSIP: 00774MAV7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   2110000 | PA      | $2081320.90   | 0.25%             | 2026-10-29      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                                                                  | CUSIP: 00774MBL8<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   1121000 | PA      | $1132155.93   | 0.14%             | 2029-09-10      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| AGL CLO 1 Ltd.                                   | AGL CLO 42 Ltd                                                                                                             | CUSIP: 00791YAA6<br>LEI: 254900AMSJHVKQ5QFA09 | Long             | ABS-CBDO         | CORP              | KY        |   1600000 | PA      | $1605180.80   | 0.20%             | 2038-07-22      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| Aimco                                            | Aimco CLO 20 Ltd                                                                                                           | CUSIP: 00901QAS1<br>LEI: 2549009AFNTQKXTAWE65 | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $1001937.00   | 0.12%             | 2038-10-16      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD                                    | Aircastle Ltd                                                                                                              | CUSIP: 00928QAX9<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |   1700000 | PA      | $1787187.20   | 0.22%             | 2028-07-18      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ALBEMARLE CORP                                   | Albemarle Corp                                                                                                             | CUSIP: 012653AD3<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |   2220000 | PA      | $2233588.07   | 0.27%             | 2027-06-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Allegro CLO Ltd                                  | Allegro CLO XIII Ltd                                                                                                       | CUSIP: 01750WAS8<br>LEI: 254900E6QZJ305P65V74 | Long             | ABS-CBDO         | CORP              | KY        |   1285000 | PA      | $1287190.93   | 0.16%             | 2038-07-20      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked Notes               | Ally Bank Auto Credit-Linked Notes Series 2025-A                                                                           | CUSIP: 02007G5F6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1660643 | PA      | $1668877.67   | 0.20%             | 2033-06-15      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| Apidos CLO                                       | Apidos CLO XXXIX Ltd                                                                                                       | CUSIP: 03766HAU4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $1000552.00   | 0.12%             | 2038-10-21      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Apidos CLO                                       | Apidos Clo LIV                                                                                                             | CUSIP: 03771RAE1<br>LEI: 254900SXYQWBYZA9L226 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1004652.00   | 0.12%             | 2038-10-20      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| ARES CLO Ltd                                     | Ares LXXVII CLO Ltd                                                                                                        | CUSIP: 03990KAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1504018.50   | 0.18%             | 2038-07-15      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                                | Ares Capital Corp                                                                                                          | CUSIP: 04010LBE2<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |   3040000 | PA      | $3114766.85   | 0.38%             | 2027-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                            | Athene Global Funding                                                                                                      | CUSIP: 04685A3S8<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3507064.09   | 0.43%             | 2026-02-23      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                     | AutoZone Inc                                                                                                               | CUSIP: 053332BC5<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |   2610000 | PA      | $2633810.85   | 0.32%             | 2028-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                         | Avolon Holdings Funding Ltd                                                                                                | CUSIP: 05401AAS0<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   2670000 | PA      | $2782064.28   | 0.34%             | 2028-05-04      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BGC GROUP INC                                    | BGC Group Inc                                                                                                              | CUSIP: 05555LAB7<br>LEI: 2549001IGRCG4F0RLD36 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2189973.07   | 0.27%             | 2029-06-10      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| BPR Trust                                        | BPR Trust 2021-TY                                                                                                          | CUSIP: 05592AAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    506000 | PA      | $505385.46    | 0.06%             | 2038-09-15      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| BPR Trust                                        | BPR Trust 2021-TY                                                                                                          | CUSIP: 05592AAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    340000 | PA      | $339586.93    | 0.04%             | 2038-09-15      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| BX Trust                                         | BX Commercial Mortgage Trust 2019-IMC                                                                                      | CUSIP: 05608BAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2975608.50   | 0.36%             | 2034-04-15      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| Babson CLO Ltd                                   | Barings CLO Ltd 2015-I                                                                                                     | CUSIP: 056162AQ3<br>LEI: 549300QR3VQZ1T0JUI29 | Long             | ABS-CBDO         | CORP              | KY        |   1985393 | PA      | $1986828.20   | 0.24%             | 2031-01-20      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| BX Trust                                         | BX Trust 2025-ARIA                                                                                                         | CUSIP: 05619TAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $402575.36    | 0.05%             | 2042-12-13      | Variable      | 5.18%                 | No            |                  2 | On Loan: No      |
| Balboa Bay Loan Funding Ltd                      | Balboa Bay Loan Funding 2024-1 Ltd                                                                                         | CUSIP: 05766NAA0<br>LEI: 254900ZDWC7EDY07BS61 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $751761.00    | 0.09%             | 2037-07-20      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| Ballyrock Ltd                                    | Ballyrock CLO 14 Ltd                                                                                                       | CUSIP: 05874XAL3<br>LEI: 254900GXTF670X967J67 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2004500.00   | 0.25%             | 2037-07-20      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                               | Banco Santander SA                                                                                                         | CUSIP: 05964HAU9<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   4000000 | PA      | $4145596.84   | 0.51%             | 2028-08-08      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                              | Bank of Nova Scotia/The                                                                                                    | CUSIP: 06418JAA9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   5000000 | PA      | $5066957.70   | 0.62%             | 2026-12-07      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                     | Barclays PLC                                                                                                               | CUSIP: 06738ECT0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   1018000 | PA      | $1029942.93   | 0.13%             | 2028-09-10      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| Barclays Mortgage Loan Trust                     | Barclays Mortgage Loan Trust 2021-NQM1                                                                                     | CUSIP: 06744UAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    843465 | PA      | $778594.30    | 0.10%             | 2051-09-25      | Variable      | 1.98%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                          | Bayer US Finance II LLC                                                                                                    | CUSIP: 07274NAL7<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1501643.79   | 0.18%             | 2028-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CRE                           | Blackstone Private Credit Fund                                                                                             | CUSIP: 09261HBC0<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1591092.89   | 0.19%             | 2028-11-27      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Bluemountain CLO Ltd                             | BlueMountain Fuji US Clo II Ltd                                                                                            | CUSIP: 09629EAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4000692.00   | 0.49%             | 2030-10-20      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| BORGWARNER INC                                   | BorgWarner Inc                                                                                                             | CUSIP: 099724AP1<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |   1680000 | PA      | $1718931.45   | 0.21%             | 2029-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: —       |
| BROADCOM INC                                     | Broadcom Inc                                                                                                               | CUSIP: 11135FBZ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1320000 | PA      | $1343541.71   | 0.16%             | 2027-07-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: —       |
| BROADCOM INC                                     | Broadcom Inc                                                                                                               | CUSIP: 11135FCA7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    976000 | PA      | $979303.90    | 0.12%             | 2028-02-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| BX Trust                                         | BXP Trust 2017-CQHP                                                                                                        | CUSIP: 12433QAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    502736 | PA      | $489899.85    | 0.06%             | 2034-11-15      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| Centragas                                        | CENT 2025-CITY                                                                                                             | CUSIP: 12517TAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2530406.50   | 0.31%             | 2040-07-10      | Variable      | 4.92%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                 | CIFC Funding 2025-IV Ltd                                                                                                   | CUSIP: 12575MAC5<br>LEI: 2549005S1LQJ8MBPXW05 | Long             | ABS-CBDO         | CORP              | KY        |    950000 | PA      | $952845.25    | 0.12%             | 2038-10-24      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                              | COMM 2013-CCRE6 Mortgage Trust                                                                                             | CUSIP: 12624XAP3<br>LEI: 5493004GWEVMOU8S3L34 | Long             | ABS-MBS          | CORP              | US        |   1497412 | PA      | $1485674.27   | 0.18%             | 2046-03-10      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                  | CSAIL 2016-C6 Commercial Mortgage Trust                                                                                    | CUSIP: 12636MAJ7<br>LEI: 549300C2HE5FJAWYZL57 | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $990633.40    | 0.12%             | 2049-01-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                     | CSMC 2020-FACT                                                                                                             | CUSIP: 126395AG7<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |   2756000 | PA      | $2656122.56   | 0.33%             | 2037-10-15      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                 | COLT 2021-2R Mortgage Loan Trust                                                                                           | CUSIP: 12656YAA5<br>LEI: 2138001HZNOLT1K3WY73 | Long             | ABS-MBS          | CORP              | US        |    147783 | PA      | $134222.76    | 0.02%             | 2054-07-27      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| CPS Auto Trust                                   | CPS Auto Receivables Trust 2021-D                                                                                          | CUSIP: 12658VAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $994518.90    | 0.12%             | 2028-12-15      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| CAMPBELLS COMPANY/THE                            | Campbell's Company/The                                                                                                     | CUSIP: 134429BM0<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |   1060000 | PA      | $1073736.93   | 0.13%             | 2027-03-19      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                         | Capital One Financial Corp                                                                                                 | CUSIP: 14040HDB8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   1940000 | PA      | $1986226.57   | 0.24%             | 2027-10-29      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                   | Carvana Auto Receivables Trust 2022-P3                                                                                     | CUSIP: 14686MAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1350000 | PA      | $1362165.93   | 0.17%             | 2028-10-10      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                   | Carvana Auto Receivables Trust 2021-N1                                                                                     | CUSIP: 14687DAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    566247 | PA      | $564023.45    | 0.07%             | 2028-01-10      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| DWS                                              | DWS Government & Agency Securities Portfolio DWS Government Cash Institutional Shares                                      | CUSIP: 147539670<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   4956864 | NS      | $4956864.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTRAL AMERICAN BANK                            | Central American Bank for Economic Integration                                                                             | CUSIP: 15238PAH9<br>LEI: 549300OLDAMXBPSHIC05 | Long             | DBT              | NUSS              | XX        |   2500000 | PA      | $2501716.73   | 0.31%             | 2026-02-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                           | Chase Auto Owner Trust 2022-A                                                                                              | CUSIP: 16144JAF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1040000 | PA      | $1045167.03   | 0.13%             | 2028-07-25      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                           | Chase Auto Owner Trust 2025-2                                                                                              | CUSIP: 16144MAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $747231.23    | 0.09%             | 2031-03-25      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                                      | Chemours Co/The                                                                                                            | CUSIP: 163851AE8<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1253035.00   | 0.15%             | 2027-05-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                 | COLT 2021-2 Mortgage Loan Trust                                                                                            | CUSIP: 19685WAC5<br>LEI: 2138001HZNOLT1K3WY73 | Long             | ABS-MBS          | CORP              | US        |   1438556 | PA      | $1233233.93   | 0.15%             | 2066-08-25      | Variable      | 1.33%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                 | COLT Funding LLC                                                                                                           | CUSIP: 19688DAC4<br>LEI: 21380069FFOP8RZNF423 | Long             | ABS-MBS          | CORP              | US        |    135160 | PA      | $126209.75    | 0.02%             | 2064-12-25      | Variable      | 1.26%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                 | COLT 2021-1 Mortgage Loan Trust                                                                                            | CUSIP: 19688EAB4<br>LEI: 2138001HZNOLT1K3WY73 | Long             | ABS-MBS          | CORP              | US        |    417279 | PA      | $364616.83    | 0.04%             | 2066-06-25      | Variable      | 1.17%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                 | COLT 2021-HX1 Mortgage Loan Trust                                                                                          | CUSIP: 19688KAB0<br>LEI: 2138001HZNOLT1K3WY73 | Long             | ABS-MBS          | CORP              | US        |   1051978 | PA      | $921298.77    | 0.11%             | 2066-10-25      | Variable      | 1.35%                 | No            |                  2 | On Loan: No      |
| COLUMBIA PIPELINE HOLDCO                         | Columbia Pipelines Holding Co LLC                                                                                          | CUSIP: 19828AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    770000 | PA      | $777073.49    | 0.10%             | 2026-08-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Compass Datacenters Issuer III, LLC              | Compass Datacenters Issuer III LLC                                                                                         | CUSIP: 20469BAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    840000 | PA      | $845047.06    | 0.10%             | 2050-07-25      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| CONCENTRIX CORP                                  | Concentrix Corp                                                                                                            | CUSIP: 20602DAA9<br>LEI: 5493000EAJN1KMPVA737 | Long             | DBT              | CORP              | US        |   2220000 | PA      | $2241546.81   | 0.27%             | 2026-08-02      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| CONCENTRIX CORP                                  | Concentrix Corp                                                                                                            | CUSIP: 20602DAB7<br>LEI: 5493000EAJN1KMPVA737 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4125623.56   | 0.51%             | 2028-08-02      | Fixed         | 6.60%                 | No            |                  2 | On Loan: —       |
| Fannie Mae - CAS                                 | Fannie Mae Connecticut Avenue Securities                                                                                   | CUSIP: 20753YCK6<br>LEI: 549300Z5THZ1JXIHVK60 | Long             | ABS-MBS          | USGSE             | US        |    250000 | PA      | $256055.10    | 0.03%             | 2042-03-25      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                 | Fannie Mae Connecticut Avenue Securities                                                                                   | CUSIP: 20754AAB9<br>LEI: 549300Z5THZ1JXIHVK60 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $502739.80    | 0.06%             | 2041-12-25      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                               | Credit Agricole SA                                                                                                         | CUSIP: 22535WAL1<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   2500000 | PA      | $2519009.50   | 0.31%             | 2028-09-11      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Crossroads Asset Trust                           | Crossroads Asset Trust 2025-A                                                                                              | CUSIP: 22767VAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1216499 | PA      | $1225423.28   | 0.15%             | 2032-02-20      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                                                           | CUSIP: 22822VBF7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |   1188000 | PA      | $1206428.98   | 0.15%             | 2029-09-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: —       |
| DB Master Finance LLC                            | DB Master Finance LLC                                                                                                      | CUSIP: 233046AU5<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |   1100000 | PA      | $1102251.37   | 0.14%             | 2055-08-20      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                                    | DTE Energy Co                                                                                                              | CUSIP: 233331BM8<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |   1219000 | PA      | $1235053.62   | 0.15%             | 2027-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| DXC TECHNOLOGY CO                                | DXC Technology Co                                                                                                          | CUSIP: 23355LAL0<br>LEI: 549300DOVZ3EDJB7O259 | Long             | DBT              | CORP              | US        |   2580000 | PA      | $2536424.81   | 0.31%             | 2026-09-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                           | Daimler Truck Finance North America LLC                                                                                    | CUSIP: 233853AF7<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1571486.91   | 0.19%             | 2026-12-14      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                           | Diamondback Energy Inc                                                                                                     | CUSIP: 25278XAX7<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |   1670000 | PA      | $1694137.23   | 0.21%             | 2027-04-18      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Dominos Pizza Master Issuer LLC                  | Domino's Pizza Master Issuer LLC                                                                                           | CUSIP: 25755TAR1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1091000 | PA      | $1098322.03   | 0.13%             | 2055-07-25      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                          | Dryden 53 CLO Ltd                                                                                                          | CUSIP: 26243EAP6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1470741 | PA      | $1470998.02   | 0.18%             | 2031-01-15      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                          | Dryden 104 CLO Ltd                                                                                                         | CUSIP: 26253BAQ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2775000 | PA      | $2775824.18   | 0.34%             | 2034-08-20      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| ELARA HGV TIMESHARE ISSUER                       | Elara HGV Timeshare Issuer 2023-A LLC                                                                                      | CUSIP: 28415AAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    243587 | PA      | $251885.03    | 0.03%             | 2038-02-25      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 43 Ltd                               | Elmwood CLO 43 Ltd                                                                                                         | CUSIP: 29004KAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1009000 | PA      | $1013221.66   | 0.12%             | 2038-07-20      | Floating      | 6.02%                 | No            |                  2 | On Loan: No      |
| Empower CLO Ltd.                                 | Empower CLO 2023-1 Ltd                                                                                                     | CUSIP: 29244CAJ7<br>LEI: 213800DM8ZNUIQ1JCN40 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3012201.00   | 0.37%             | 2038-04-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                             | Enel Finance International NV                                                                                              | CUSIP: 29278GBD9<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |   5000000 | PA      | $5127525.70   | 0.63%             | 2029-06-26      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ESSENT GROUP LTD                                 | Essent Group Ltd                                                                                                           | CUSIP: 29669JAA7<br>LEI: 254900QUO860OUT6ZF83 | Long             | DBT              | CORP              | BM        |   6000000 | PA      | $6262715.82   | 0.77%             | 2029-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Evergreen Credit Card Trust                      | Evergreen Credit Card Trust                                                                                                | CUSIP: 30023JDB1<br>LEI: 5493002G9KVV6J3CNU15 | Long             | ABS-O            | CORP              | CA        |   1500000 | PA      | $1499953.95   | 0.18%             | 2029-10-15      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                | Eversource Energy                                                                                                          | CUSIP: 30040WAY4<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1462563.44   | 0.18%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust              | Exeter Automobile Receivables Trust 2021-4                                                                                 | CUSIP: 30165JAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1242761.88   | 0.15%             | 2028-01-17      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust              | Exeter Automobile Receivables Trust                                                                                        | CUSIP: 30166XAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    375000 | PA      | $379689.19    | 0.05%             | 2030-02-15      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust              | Exeter Automobile Receivables Trust                                                                                        | CUSIP: 30166XAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    472000 | PA      | $479309.30    | 0.06%             | 2031-10-15      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                           | Federal Home Loan Banks                                                                                                    | CUSIP: 3130B5CZ9<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |  59000000 | PA      | $58990423.12  | 7.23%             | 2027-03-04      | Floating      | 3.81%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates                                                               | CUSIP: 3137BSP98<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  20971959 | PA      | $71780.72     | 0.01%             | 2026-08-25      | Variable      | 0.89%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage Trust               | Ellington Financial Mortgage Trust 2021-3                                                                                  | CUSIP: 31573JAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1873185 | PA      | $1577957.33   | 0.19%             | 2066-09-25      | Variable      | 1.40%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                         | Ford Motor Credit Co LLC                                                                                                   | CUSIP: 345397D59<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1270000 | PA      | $1332382.18   | 0.16%             | 2028-11-07      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                         | Ford Motor Credit Co LLC                                                                                                   | CUSIP: 345397D83<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1468060.37   | 0.18%             | 2027-03-05      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                         | Ford Motor Credit Co LLC                                                                                                   | CUSIP: 345397E74<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3553170.81   | 0.44%             | 2027-05-17      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                              | Freddie Mac STACR REMIC Trust 2021-DNA7                                                                                    | CUSIP: 35564KMH9<br>LEI: 5493000ISOMSKCX2AW62 | Long             | ABS-MBS          | USGSE             | US        |   1200000 | PA      | $1208941.44   | 0.15%             | 2041-11-25      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| GCAT                                             | GCAT 2021-NQM2 Trust                                                                                                       | CUSIP: 36166XAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    524130 | PA      | $460774.60    | 0.06%             | 2066-05-25      | Variable      | 1.24%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust              | GS Mortgage-Backed Securities Trust 2020-NQM1                                                                              | CUSIP: 36259WAB7<br>LEI: 25490038RWR4AJZ5B524 | Long             | ABS-MBS          | CORP              | US        |     55254 | PA      | $52532.41     | 0.01%             | 2060-09-27      | Variable      | 1.79%                 | No            |                  2 | On Loan: No      |
| Garnet CLO Ltd                                   | Garnet CLO 3 Ltd                                                                                                           | CUSIP: 36626TAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000115.00   | 0.12%             | 2038-10-20      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                           | General Motors Financial Co Inc                                                                                            | CUSIP: 37045XEZ5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   2174000 | PA      | $2208444.66   | 0.27%             | 2029-10-06      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                              | Global Payments Inc                                                                                                        | CUSIP: 37940XAP7<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    920000 | PA      | $929926.29    | 0.11%             | 2027-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LTD                  | Golub Capital Partners CLO 41B-R Ltd                                                                                       | CUSIP: 38178AAN3<br>LEI: 2549005QZPXI5WPU4V74 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001971.00   | 0.12%             | 2038-07-20      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| HCA INC                                          | HCA Inc                                                                                                                    | CUSIP: 404119BU2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2004352.74   | 0.25%             | 2027-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HEICO CORP                                       | HEICO Corp                                                                                                                 | CUSIP: 422806AA7<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | DBT              | CORP              | US        |   2970000 | PA      | $3053071.85   | 0.37%             | 2028-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HELMERICH & PAYNE INC                            | Helmerich & Payne Inc                                                                                                      | CUSIP: 423452AL5<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1007749.26   | 0.12%             | 2027-12-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| HELMERICH & PAYNE INC                            | Helmerich & Payne Inc                                                                                                      | CUSIP: 423452AM3<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2516302.18   | 0.31%             | 2029-12-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                 | Hewlett Packard Enterprise Co                                                                                              | CUSIP: 42824CBR9<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |   1377000 | PA      | $1380949.81   | 0.17%             | 2026-09-25      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Trust                     | Hilton Grand Vacations Trust 2019-A                                                                                        | CUSIP: 43284HAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     94651 | PA      | $94380.99     | 0.01%             | 2033-07-25      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| HPEFS Equipment Trust                            | HPEFS Equipment Trust 2025-2                                                                                               | CUSIP: 442927AE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $699975.57    | 0.09%             | 2032-11-22      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| The Huntington National Bank                     | Huntington Bank Auto Credit-Linked Notes Series 2025-2                                                                     | CUSIP: 44644NAN9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2648904 | PA      | $2665979.94   | 0.33%             | 2033-09-20      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| HUNTSMAN INTERNATIONAL L                         | Huntsman International LLC                                                                                                 | CUSIP: 44701QBE1<br>LEI: 3YTEJFW18LGIUQ2N5J61 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1917687.50   | 0.23%             | 2029-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                          | Hyundai Capital America                                                                                                    | CUSIP: 44891ACM7<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4051337.48   | 0.50%             | 2026-09-21      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                          | Hyundai Capital America                                                                                                    | CUSIP: 44891ADB0<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4066386.68   | 0.50%             | 2027-06-24      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| ICON INVESTMENTS SIX DAC                         | Icon Investments Six DAC                                                                                                   | CUSIP: 45115AAA2<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |   4170000 | PA      | $4254844.15   | 0.52%             | 2027-05-08      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| Commercial Mortgage Pass-through Certificates    | ILPT Commercial Mortgage Trust 2025-LPF2                                                                                   | CUSIP: 451955AE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1017077.10   | 0.12%             | 2042-07-13      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                                | Imperial Fund Mortgage Trust 2021-NQM2                                                                                     | CUSIP: 452761AB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1007894 | PA      | $865358.77    | 0.11%             | 2056-09-25      | Variable      | 1.36%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                                | Imperial Fund Mortgage Trust 2021-NQM1                                                                                     | CUSIP: 452764AB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    852123 | PA      | $745825.45    | 0.09%             | 2056-06-25      | Variable      | 1.21%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust    | JPMCC Commercial Mortgage Securities Trust 2019-COR5                                                                       | CUSIP: 46591EAS6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4000000 | PA      | $3867175.20   | 0.47%             | 2052-06-13      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Chase Mortgage Finance Corporation               | JPMorgan Chase Bank NA - CHASE                                                                                             | CUSIP: 46591HAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1051732 | PA      | $1085874.33   | 0.13%             | 2057-10-25      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Securities Trust       | JPMDB Commercial Mortgage Securities Trust 2016-C4                                                                         | CUSIP: 46646RAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $959243.30    | 0.12%             | 2049-12-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust    | J.P. Morgan Chase Commercial Mortgage Securities Trust 2018-PHH                                                            | CUSIP: 46650FAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4380267 | PA      | $3684741.24   | 0.45%             | 2035-06-15      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                         | JP Morgan Mortgage Trust 2020-LTV2                                                                                         | CUSIP: 46653LAJ5<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |    618054 | PA      | $561540.65    | 0.07%             | 2050-11-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                         | JP Morgan Mortgage Trust 2022-3                                                                                            | CUSIP: 46654UAV7<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |   1548584 | PA      | $1470681.44   | 0.18%             | 2052-08-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| JACKSON NATL LIFE GLOBAL                         | Jackson National Life Global Funding                                                                                       | CUSIP: 46849LVA6<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |   1425000 | PA      | $1454380.38   | 0.18%             | 2027-07-02      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                          | Jefferies Financial Group Inc                                                                                              | CUSIP: 47233WBM0<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |   2060000 | PA      | $2140214.71   | 0.26%             | 2028-07-21      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Jersey Mikes Funding LLC                         | Jersey Mike's Funding                                                                                                      | CUSIP: 476681AE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1695750 | PA      | $1726116.13   | 0.21%             | 2055-08-16      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd                            | KKR CLO 45a Ltd                                                                                                            | CUSIP: 48190AAN6<br>LEI: 2549008R44IN2IU2DG62 | Long             | ABS-CBDO         | CORP              | KY        |   1333000 | PA      | $1335616.68   | 0.16%             | 2038-07-15      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| KFC HLD/PIZZA HUT/TACO                           | KFC Holding Co/Pizza Hut Holdings LLC/Taco Bell of America LLC                                                             | CUSIP: 48250NAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    540000 | PA      | $539196.26    | 0.07%             | 2027-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                      | KeyBank NA/Cleveland OH                                                                                                    | CUSIP: 49327V2A1<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3990910.52   | 0.49%             | 2026-05-20      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| KYNDRYL HOLDINGS INC                             | Kyndryl Holdings Inc                                                                                                       | CUSIP: 50155QAJ9<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3442462.21   | 0.42%             | 2026-10-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                             | Las Vegas Sands Corp                                                                                                       | CUSIP: 517834AJ6<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1529916.08   | 0.19%             | 2027-06-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                         | Lloyds Banking Group PLC                                                                                                   | CUSIP: 539439AY5<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   1140000 | PA      | $1152564.81   | 0.14%             | 2027-08-07      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                       | MFA 2021-INV1 Trust                                                                                                        | CUSIP: 552747AC1<br>LEI: 2549007EHG79GWD49I44 | Long             | ABS-MBS          | CORP              | US        |     60811 | PA      | $58688.23     | 0.01%             | 2056-01-25      | Variable      | 1.26%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                       | MFA 2021-NQM2 Trust                                                                                                        | CUSIP: 55283WAB7<br>LEI: 2549007EHG79GWD49I44 | Long             | ABS-MBS          | CORP              | US        |    366272 | PA      | $327432.58    | 0.04%             | 2064-11-25      | Variable      | 1.32%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                       | MFA 2021-NQM2 Trust                                                                                                        | CUSIP: 55283WAC5<br>LEI: 2549007EHG79GWD49I44 | Long             | ABS-MBS          | CORP              | US        |    296748 | PA      | $265811.14    | 0.03%             | 2064-11-25      | Variable      | 1.47%                 | No            |                  2 | On Loan: No      |
| MVW Owner Trust                                  | MVW 2025-2 LLC                                                                                                             | CUSIP: 55389RAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    888676 | PA      | $889775.83    | 0.11%             | 2044-10-20      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| MVW Owner Trust                                  | MVW 2021-1W LLC                                                                                                            | CUSIP: 55389TAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     83413 | PA      | $80578.54     | 0.01%             | 2041-01-22      | Fixed         | 1.44%                 | No            |                  2 | On Loan: No      |
| MVW Owner Trust                                  | MVW 2019-2 LLC                                                                                                             | CUSIP: 55400DAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    170076 | PA      | $169838.15    | 0.02%             | 2038-10-20      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| MVW 2020-1 LLC                                   | MVW 2020-1 LLC                                                                                                             | CUSIP: 55400EAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     63843 | PA      | $62893.20     | 0.01%             | 2037-10-20      | Fixed         | 1.74%                 | No            |                  2 | On Loan: No      |
| MVW 2020-1 LLC                                   | MVW 2020-1 LLC                                                                                                             | CUSIP: 55400EAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     63843 | PA      | $63125.70     | 0.01%             | 2037-10-20      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                              | Macquarie Group Ltd                                                                                                        | CUSIP: 55607PAE5<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |   6000000 | PA      | $6013907.70   | 0.74%             | 2027-09-23      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                               | Macquarie Bank Ltd                                                                                                         | CUSIP: 55608PBQ6<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |   1950000 | PA      | $1977146.59   | 0.24%             | 2026-12-07      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                           | Marriott International Inc/MD                                                                                              | CUSIP: 571903BM4<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    560000 | PA      | $565030.05    | 0.07%             | 2026-09-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: —       |
| MARRIOTT INTERNATIONAL                           | Marriott International Inc/MD                                                                                              | CUSIP: 571903BP7<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |   1960000 | PA      | $2002584.59   | 0.25%             | 2029-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| MICROCHIP TECHNOLOGY INC                         | Microchip Technology Inc                                                                                                   | CUSIP: 595017BE3<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |   1330000 | PA      | $1356014.45   | 0.17%             | 2029-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust            | Mission Lane Credit Card Master Trust                                                                                      | CUSIP: 60510MBV9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1750000 | PA      | $1762715.15   | 0.22%             | 2031-09-15      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust            | Mission Lane Credit Card Master Trust                                                                                      | CUSIP: 60510MBW7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1004651.80   | 0.12%             | 2031-09-15      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| MOSAIC CO                                        | Mosaic Co/The                                                                                                              | CUSIP: 61945CAH6<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | DBT              | CORP              | US        |   2480000 | PA      | $2556466.93   | 0.31%             | 2028-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Mosaic Solar Loans LLC                           | Mosaic Solar Loan Trust 2020-1                                                                                             | CUSIP: 61946NAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    799024 | PA      | $707592.86    | 0.09%             | 2046-04-20      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                           | NXP BV / NXP Funding LLC / NXP USA Inc                                                                                     | CUSIP: 62954HBE7<br>LEI: 724500RKKW4NOJ9YQF60 | Long             | DBT              | CORP              | XX        |   1370000 | PA      | $1375489.51   | 0.17%             | 2027-06-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                | NatWest Group PLC                                                                                                          | CUSIP: 639057AL2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   1280000 | PA      | $1302483.99   | 0.16%             | 2028-03-01      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| NATWEST MARKETS PLC                              | NatWest Markets PLC                                                                                                        | CUSIP: 63906YAH1<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |   2090000 | PA      | $2131883.77   | 0.26%             | 2027-05-17      | Fixed         | 5.42%                 | No            |                  2 | On Loan: —       |
| Neuberger Berman CLO Ltd                         | Neuberger Berman Loan Advisers CLO 45 Ltd                                                                                  | CUSIP: 64134MAJ5<br>LEI: 549300BQ0WQMX5H5TS32 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1997108.00   | 0.24%             | 2036-10-14      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| NRZ Excess Spread Collateralized Notes           | NRZ Excess Spread-Collateralized Notes                                                                                     | CUSIP: 65246QAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    705684 | PA      | $694026.47    | 0.09%             | 2026-11-25      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                          | Nissan Motor Acceptance Co LLC                                                                                             | CUSIP: 65480CAE5<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    740000 | PA      | $748144.09    | 0.09%             | 2026-09-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Continental Credit Card llc                      | Continental Finance Credit Card ABS Master Trust                                                                           | CUSIP: 66981PAH1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1314998 | PA      | $1320202.04   | 0.16%             | 2030-10-15      | Fixed         | 6.19%                 | No            |                  2 | On Loan: No      |
| OCCU Auto Receivables Trust                      | OCCU Auto Receivables Trust 2025-1                                                                                         | CUSIP: 67098SAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1477157 | PA      | $1481276.65   | 0.18%             | 2028-04-17      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                                      | OCP CLO 2025-46 Ltd                                                                                                        | CUSIP: 671023AC3<br>LEI: 213800J27YESIODUZS34 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1999710.00   | 0.24%             | 2038-10-15      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| O'REILLY AUTOMOTIVE INC                          | O'Reilly Automotive Inc                                                                                                    | CUSIP: 67103HAM9<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |   2420000 | PA      | $2452566.52   | 0.30%             | 2026-11-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Oaktree CLO Ltd                                  | Oaktree CLO 2022-1 Ltd                                                                                                     | CUSIP: 67402LAN6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1333000 | PA      | $1336327.17   | 0.16%             | 2038-07-15      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                         | Occidental Petroleum Corp                                                                                                  | CUSIP: 674599EJ0<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3587467.07   | 0.44%             | 2029-08-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                                      | OCP CLO 2024-32 Ltd                                                                                                        | CUSIP: 67570CAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1250000 | PA      | $1253367.50   | 0.15%             | 2037-04-23      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| One New York Plaza Trust 2020-1NYP               | One New York Plaza Trust 2020-1NYP                                                                                         | CUSIP: 68249DAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2378000 | PA      | $2279007.19   | 0.28%             | 2036-01-15      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| OneMain Direct Auto Receivables Trust            | Onemain Direct Auto Receivables Trust 2022-1                                                                               | CUSIP: 68269DAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200968 | PA      | $201101.94    | 0.02%             | 2029-03-14      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                            | Palmer Square CLO 2025-4 Ltd                                                                                               | CUSIP: 696916AA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000300.00   | 0.12%             | 2038-10-20      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| PenFed Auto Receivables Owner Trust              | PenFed Auto Receivables Owner Trust 2022-A                                                                                 | CUSIP: 706874AE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1265621 | PA      | $1265975.53   | 0.16%             | 2028-12-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| PenFed Auto Receivables Owner Trust              | PenFed Auto Receivables Owner Trust 2022-A                                                                                 | CUSIP: 706874AF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1300000 | PA      | $1301475.89   | 0.16%             | 2028-12-15      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                                                              | CUSIP: 709599BM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2965468.14   | 0.36%             | 2026-06-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                                                              | CUSIP: 709599BN3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1960000 | PA      | $1966255.67   | 0.24%             | 2027-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Point Broadband Funding LLC                      | Point Broadband Funding LLC                                                                                                | CUSIP: 73052AAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1007307.40   | 0.12%             | 2055-07-20      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| QUEST DIAGNOSTICS INC                            | Quest Diagnostics Inc                                                                                                      | CUSIP: 74834LBE9<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |   1132000 | PA      | $1145518.41   | 0.14%             | 2027-12-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| RLJ LODGING TRUST LP                             | RLJ Lodging Trust LP                                                                                                       | CUSIP: 74965LAA9<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | DBT              |  | US        |    240000 | PA      | $238664.40    | 0.03%             | 2026-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ROCC Trust                                       | ROCK Trust 2024-CNTR                                                                                                       | CUSIP: 74970WAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2600000 | PA      | $2671182.54   | 0.33%             | 2041-11-13      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| RR Ltd                                           | RR 28 Ltd                                                                                                                  | CUSIP: 74989NAA7<br>LEI: 254900ZSKVCYOXP11C98 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001766.00   | 0.12%             | 2037-04-15      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                               | Realty Income Corp                                                                                                         | CUSIP: 756109BQ6<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |   2580000 | PA      | $2580387.34   | 0.32%             | 2026-01-13      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Regatta 34 Funding Ltd.                          | Regatta 34 Funding Ltd                                                                                                     | CUSIP: 75904BAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1505242.50   | 0.18%             | 2038-07-20      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                          | Royal Caribbean Cruises Ltd                                                                                                | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   2450000 | PA      | $2453775.82   | 0.30%             | 2026-08-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                 | Ryder System Inc                                                                                                           | CUSIP: 78355HLC1<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |   1318000 | PA      | $1347085.53   | 0.17%             | 2029-09-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Sesac Finance                                    | Sesac Finance LLC                                                                                                          | CUSIP: 78396YAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $695655.87    | 0.09%             | 2055-07-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Starwood Commercial Mortgage Trust               | STWD 2021-LIH Mortgage Trust                                                                                               | CUSIP: 78486EAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $498757.45    | 0.06%             | 2036-11-15      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                         | Santander UK Group Holdings PLC                                                                                            | CUSIP: 80281LAQ8<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |   2227000 | PA      | $2202106.28   | 0.27%             | 2027-06-14      | Fixed         | 1.67%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                           | Santander Holdings USA Inc                                                                                                 | CUSIP: 80282KBK1<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    611000 | PA      | $615143.40    | 0.08%             | 2027-05-31      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust           | Santander Drive Auto Receivables Trust 2022-5                                                                              | CUSIP: 80287HAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    208444 | PA      | $208578.32    | 0.03%             | 2028-10-16      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| Securitized Term Auto Receivables Trust          | Securitized Term Auto Receivables Trust 2025-B                                                                             | CUSIP: 81378WAB9<br>LEI: 254900DVX7EZK9JMUP63 | Long             | ABS-O            | CORP              | CA        |   3051143 | PA      | $3077386.99   | 0.38%             | 2032-12-29      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| Service Experts Issuer                           | Service Experts Issuer 2025-1 LLC                                                                                          | CUSIP: 81758JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1301157 | PA      | $1300936.29   | 0.16%             | 2037-01-20      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                              | Sirius XM Radio LLC                                                                                                        | CUSIP: 82967NBL1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   1080000 | PA      | $1070504.64   | 0.13%             | 2026-09-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| SOUTH BOW USA INFRA HLDS                         | South Bow USA Infrastructure Holdings LLC                                                                                  | CUSIP: 83007CAB8<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |   1373000 | PA      | $1385558.78   | 0.17%             | 2027-09-01      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| Sixth Street CLO XVI, LTD.                       | Sixth Street CLO 29 Ltd                                                                                                    | CUSIP: 83013BAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    714000 | PA      | $715983.49    | 0.09%             | 2038-07-17      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                 | Societe Generale SA                                                                                                        | CUSIP: 83368RBV3<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   3000000 | PA      | $3038056.23   | 0.37%             | 2028-01-19      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                           | Standard Chartered PLC                                                                                                     | CUSIP: 853254CQ1<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   2120000 | PA      | $2120651.45   | 0.26%             | 2027-01-09      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                          | Starwood Property Trust Inc                                                                                                | CUSIP: 85571BAU9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |   1000000 | PA      | $995102.00    | 0.12%             | 2026-07-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential Trust 2020-INV1    | Starwood Mortgage Residential Trust 2020-INV                                                                               | CUSIP: 85573EAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    147213 | PA      | $141532.91    | 0.02%             | 2055-11-25      | Variable      | 1.59%                 | No            |                  2 | On Loan: No      |
| SWEDBANK AB                                      | Swedbank AB                                                                                                                | CUSIP: 87020PAX5<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |   3000000 | PA      | $3043203.36   | 0.37%             | 2026-09-12      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| TICP CLO Ltd                                     | TICP CLO XI Ltd                                                                                                            | CUSIP: 87249QAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1200000 | PA      | $1202124.00   | 0.15%             | 2037-04-25      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| Taco Bell Funding, LLC                           | Taco Bell Funding LLC                                                                                                      | CUSIP: 87342RAL8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1245268.00   | 0.15%             | 2055-08-25      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL INDU                         | Teva Pharmaceutical Finance Netherlands III BV                                                                             | CUSIP: 88167AAP6<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    730000 | PA      | $731865.15    | 0.09%             | 2027-05-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| Texas Debt Capital CLO, Ltd                      | Texas Debt Capital CLO 2023-I Ltd                                                                                          | CUSIP: 88238CAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1570000 | PA      | $1573273.45   | 0.19%             | 2038-07-20      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| Texas Debt Capital CLO, Ltd                      | Texas Debt Capital CLO 2023-I Ltd                                                                                          | CUSIP: 88238CAG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3011526.00   | 0.37%             | 2038-07-20      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                        | Towd Point Mortgage Trust 2022-SJ1                                                                                         | CUSIP: 89180GAC3<br>LEI: 25490010CSYSAQU59J50 | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2426969.25   | 0.30%             | 2062-03-25      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                            | Truist Financial Corp                                                                                                      | CUSIP: 89788MAN2<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5040231.25   | 0.62%             | 2027-06-08      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                    | UBS Commercial Mortgage Trust 2017-C1                                                                                      | CUSIP: 90276EAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  23285818 | PA      | $293915.92    | 0.04%             | 2050-06-15      | Variable      | 1.45%                 | No            |                  2 | On Loan: No      |
| U.S. Bank National Association                   | US Bank C&I Credit-Linked Notes Series 2025-2                                                                              | CUSIP: 90355PAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    689069 | PA      | $689762.47    | 0.08%             | 2032-09-25      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bills                                                                                                        | CUSIP: 912797PV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  10000000 | PA      | $9925548.80   | 1.22%             | 2026-03-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                                                        | CUSIP: 912828ZE3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25000000 | PA      | $24135742.25  | 2.96%             | 2027-03-31      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                                                        | CUSIP: 91282CFM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25000000 | PA      | $25267578.00  | 3.10%             | 2027-09-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                                                        | CUSIP: 91282CJK8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25000000 | PA      | $25223383.00  | 3.09%             | 2026-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                                                                        | CUSIP: 91282CKZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $20265625.00  | 2.48%             | 2027-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Floating Rate Notes                                                                                          | CUSIP: 91282CLT6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  33000000 | PA      | $33025333.44  | 4.05%             | 2026-10-31      | Floating      | 3.81%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Floating Rate Notes                                                                                          | CUSIP: 91282CMJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 152000000 | PA      | $151955892.64 | 18.62%            | 2027-01-31      | Floating      | 3.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Floating Rate Notes                                                                                          | CUSIP: 91282CMX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  55000000 | PA      | $55018539.95  | 6.74%             | 2027-04-30      | Floating      | 3.76%                 | No            |                  2 | On Loan: No      |
| VNESHECONOMBANK(VEB FIN)                         | Vnesheconombank Via VEB Finance PLC                                                                                        | CUSIP: 91822CAA6<br>LEI: 635400KYY8E2NCZXJ191 | Long             | DBT              | CORP              | IE        |   1500000 | PA      | $0.00         | 0.00%             | 2022-07-05      | Fixed         | 6.03%                 | No            |                  3 | On Loan: No      |
| VFI ABS LLC                                      | VFI ABS 2025-1 LLC                                                                                                         | CUSIP: 91824UAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    424949 | PA      | $426904.98    | 0.05%             | 2030-06-24      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Venture CDO Ltd                                  | Venture XXX CLO Ltd                                                                                                        | CUSIP: 92331NAC0<br>LEI: 5493001R7OPCYBM5NH78 | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $10001790.00  | 1.23%             | 2031-01-15      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| Venture CDO Ltd                                  | Venture 50 Clo Ltd                                                                                                         | CUSIP: 92333CAC2<br>LEI: 2549002JL5N18ARIHX27 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001733.00   | 0.12%             | 2037-10-20      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                       | Verus Securitization Trust 2021-R3                                                                                         | CUSIP: 92538EAB3<br>LEI: 213800278TKDEXPH6140 | Long             | ABS-MBS          | CORP              | US        |    201981 | PA      | $192591.23    | 0.02%             | 2064-04-25      | Variable      | 1.28%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                               | VICI Properties LP                                                                                                         | CUSIP: 925650AJ2<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |   1000000 | PA      | $1010525.75   | 0.12%             | 2028-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                         | Volkswagen Group of America Finance LLC                                                                                    | CUSIP: 928668CA8<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4064539.64   | 0.50%             | 2026-11-16      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WRKCO INC                                        | WRKCo Inc                                                                                                                  | CUSIP: 92940PAE4<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3979127.44   | 0.49%             | 2028-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| WHARF Commercial Mortgage Trust                  | WHARF Commercial Mortgage Trust 2025-DC                                                                                    | CUSIP: 92987LAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1700000 | PA      | $1739755.35   | 0.21%             | 2040-07-15      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| Western Alliance Bank                            | Western Alliance Bank                                                                                                      | CUSIP: 95763PNC1<br>LEI: SI7YQSVPFZBSQ878IC17 | Long             | ABS-MBS          | CORP              | US        |   1254081 | PA      | $1319030.04   | 0.16%             | 2059-07-25      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust            | Westlake Automobile Receivables Trust 2022-3                                                                               | CUSIP: 96043PAL5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    834609 | PA      | $836694.18    | 0.10%             | 2027-12-15      | Fixed         | 6.44%                 | No            |                  2 | On Loan: No      |
| WHISTLER PIPELINE LLC                            | Whistler Pipeline LLC                                                                                                      | CUSIP: 96337RAB8<br>LEI: 549300NG57SGLTNW5C85 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4151218.88   | 0.51%             | 2031-09-30      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| WORKDAY INC                                      | Workday Inc                                                                                                                | CUSIP: 98138HAG6<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |   1430000 | PA      | $1421359.04   | 0.17%             | 2027-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DWS                                              | DWS Central Cash Management Government Fund                                                                                | CUSIP: 25160K306<br>LEI: 5493003GD84DGSXJ7618 | Long             | STIV             | RF                | US        |  60914794 | NS      | $60914794.15  | 7.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Zayo Issuer LLC                                  | Zayo Issuer LLC                                                                                                            | CUSIP: 98919WAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2563959.75   | 0.31%             | 2055-06-20      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| UBS AG                                           | Long: BDWF8GYV4 TRS USD R F  1.00000 BDWF8GYW2 COMMODITYTRS / Short: BDWF8GYV4 TRS USD P F   .35000 BDWF8GYX0 COMMODITYTRS | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DCO              |  | US        |  43893500 | OU      | $-1236946.48  | -0.15%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | Long: BDWF8GYY8 TRS USD R F  1.00000 BDWF8GYZ5 COMMODITYTRS / Short: BDWF8GYY8 TRS USD P F   .13280 BDWF8GZ01 COMMODITYTRS | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DCO              |  | US        |  14000000 | OU      | $43257.90     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                           | Long: BDWF8GWD6 TRS USD R F  1.00000 BDWF8GWE4 COMMODITYTRS / Short: BDWF8GWD6 TRS USD P F   .15000 BDWF8GWF1 COMMODITYTRS | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCO              |  | US        |   4695000 | OU      | $38880.05     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                              | Long: BDWF8GXJ2 TRS USD R F  1.00000 BDWF8GXK9 COMMODITYTRS / Short: BDWF8GXJ2 TRS USD P F   .09000 BDWF8GXL7 COMMODITYTRS | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DCO              |  | FR        |  95801000 | OU      | $622370.24    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                              | Long: BDWF8GXC7 TRS USD R F  1.00000 BDWF8GXD5 COMMODITYTRS / Short: BDWF8GXC7 TRS USD P F   .30000 BDWF8GXE3 COMMODITYTRS | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DCO              |  | FR        |  33650000 | OU      | $-119263.34   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                           | Long: BDWF8GWG9 TRS USD R F  1.00000 BDWF8GWH7 COMMODITYTRS / Short: BDWF8GWG9 TRS USD P F   .07000 BDWF8GWJ3 COMMODITYTRS | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCO              |  | US        |   5166000 | OU      | $212321.26    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                           | Long: BDWF8GWA2 TRS USD R F  1.00000 BDWF8GWB0 COMMODITYTRS / Short: BDWF8GWA2 TRS USD P F   .00000 BDWF8GWC8 COMMODITYTRS | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCO              |  | US        | 359106000 | OU      | $990680.09    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Merrill Lynch International                      | Long: BDWF8GX29 TRS USD R F  1.00000 BDWF8GX37 COMMODITYTRS / Short: BDWF8GX29 TRS USD P F   .19147 BDWF8GX45 COMMODITYTRS | CUSIP: 000000000<br>LEI: GGDZP1UYGU9STUHRDP48 | N/A              | DCO              |  | GB        |  95630000 | OU      | $581632.18    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                           | Long: BDWF8GW46 TRS USD R F  1.00000 BDWF8GW53 COMMODITYTRS / Short: BDWF8GW46 TRS USD P F   .07000 BDWF8GW61 COMMODITYTRS | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCO              |  | US        |   1464000 | OU      | $-7859.53     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                           | Long: BDWF8GW79 TRS USD R F   .13000 BDWF8GW95 COMMODITYTRS / Short: BDWF8GW79 TRS USD P F  1.00000 BDWF8GW87 COMMODITYTRS | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCO              |  | US        |     63000 | OU      | $1697.27      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                | Long: BDWF8GXZ6 TRS USD R F  1.00000 BDWF8GY02 COMMODITYTRS / Short: BDWF8GXZ6 TRS USD P F   .28000 BDWF8GY10 COMMODITYTRS | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCO              |  | US        |   9680000 | OU      | $-160136.14   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                | Long: BDWF8GYP7 TRS USD R F  1.00000 BDWF8GYQ5 COMMODITYTRS / Short: BDWF8GYP7 TRS USD P F   .11000 BDWF8GYR3 COMMODITYTRS | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCO              |  | US        |  39900000 | OU      | $259209.95    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                | Long: BDWF8GY28 TRS USD R F  1.00000 BDWF8GY36 COMMODITYTRS / Short: BDWF8GY28 TRS USD P F   .40000 BDWF8GY44 COMMODITYTRS | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCO              |  | US        |  64430000 | OU      | $5856.69      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                | Long: BDWF8GY51 TRS USD R F  1.00000 BDWF8GY69 COMMODITYTRS / Short: BDWF8GY51 TRS USD P F   .00000 BDWF8GY77 COMMODITYTRS | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DCO              |  | US        |  18370000 | OU      | $-107623.95   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                         | Long: BDWF8GXW3 TRS USD R F  1.00000 BDWF8GXX1 COMMODITYTRS / Short: BDWF8GXW3 TRS USD P F   .12000 BDWF8GXY9 COMMODITYTRS | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCO              |  | US        |  33377000 | OU      | $216833.35    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                           | Long: BDWF8GWK0 TRS USD R F  1.00000 BDWF8GWL8 COMMODITYTRS / Short: BDWF8GWK0 TRS USD P F   .10000 BDWF8GWM6 COMMODITYTRS | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCO              |  | US        |   5524000 | OU      | $304769.74    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                      | Long: BDWF8GYL6 TRS USD R F  1.00000 BDWF8GYM4 COMMODITYTRS / Short: BDWF8GYL6 TRS USD P F   .00000 BDWF8GYN2 COMMODITYTRS | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DCO              |  | US        |  34010000 | OU      | $-97250.23    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                             | Long: BDWF8GX94 TRS USD R F  1.00000 BDWF8GXA1 COMMODITYTRS / Short: BDWF8GX94 TRS USD P F   .14000 BDWF8GXB9 COMMODITYTRS | CUSIP: 000000000<br>LEI: ES7IP3U3RHIGC71XBU11 | N/A              | DCO              |  | CA        |  23950000 | OU      | $155590.94    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                           | Long: BDWF8GWN4 TRS USD R F   .12000 BDWF8GWQ7 COMMODITYTRS / Short: BDWF8GWN4 TRS USD P F  1.00000 BDWF8GWP9 COMMODITYTRS | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCO              |  | US        |   7735000 | OU      | $173506.49    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                             | Long: BDWF8GX60 TRS USD R F  1.00000 BDWF8GX78 COMMODITYTRS / Short: BDWF8GX60 TRS USD P F   .15000 BDWF8GX86 COMMODITYTRS | CUSIP: 000000000<br>LEI: ES7IP3U3RHIGC71XBU11 | N/A              | DCO              |  | CA        |  12380000 | OU      | $-58115.56    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                      | Long: BDWF8GYH5 TRS USD R F  1.00000 BDWF8GYJ1 COMMODITYTRS / Short: BDWF8GYH5 TRS USD P F   .12000 BDWF8GYK8 COMMODITYTRS | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DCO              |  | US        |   8400000 | OU      | $-286290.23   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd.                              | Long: BDWF8GWV6 TRS USD R F  1.00000 BDWF8GWW4 COMMODITYTRS / Short: BDWF8GWV6 TRS USD P F  1.00000 BDWF8GWX2 COMMODITYTRS | CUSIP: 000000000<br>LEI: 4ZHCHI4KYZG2WVRT8631 | N/A              | DCO              |  | US        |  20000000 | OU      | $65763.20     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd.                              | Long: BDWF8GWZ7 TRS USD R F  1.00000 BDWF8GX03 COMMODITYTRS / Short: BDWF8GWZ7 TRS USD P F   .12000 BDWF8GX11 COMMODITYTRS | CUSIP: 000000000<br>LEI: 4ZHCHI4KYZG2WVRT8631 | N/A              | DCO              |  | US        |  39917000 | OU      | $259320.39    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd.                              | Long: BDWF8GWS3 TRS USD R F  1.00000 BDWF8GWT1 COMMODITYTRS / Short: BDWF8GWS3 TRS USD P F   .10000 BDWF8GWU8 COMMODITYTRS | CUSIP: 000000000<br>LEI: 4ZHCHI4KYZG2WVRT8631 | N/A              | DCO              |  | US        |   8000000 | OU      | $104920.48    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs & Co. LLC                          | Long: BDWF8GW12 TRS USD R F  1.00000 BDWF8GW20 COMMODITYTRS / Short: BDWF8GW12 TRS USD P F   .35000 BDWF8GW38 COMMODITYTRS | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DCO              |  | US        |  24940000 | OU      | $83551.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                      | Long: BDWF8GYE2 TRS USD R F  1.00000 BDWF8GYF9 COMMODITYTRS / Short: BDWF8GYE2 TRS USD P F   .18800 BDWF8GYG7 COMMODITYTRS | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DCO              |  | US        | 292783000 | OU      | $-1318232.03  | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs & Co. LLC                          | Long: BDWF8GVV7 TRS USD R F  1.00000 BDWF8GVW5 COMMODITYTRS / Short: BDWF8GVV7 TRS USD P F   .20400 BDWF8GVX3 COMMODITYTRS | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DCO              |  | US        | 217760000 | OU      | $2567884.72   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | Long: BDWF8GY85 TRS USD R F  1.00000 BDWF8GY93 COMMODITYTRS / Short: BDWF8GY85 TRS USD P F   .13200 BDWF8GYA0 COMMODITYTRS | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DCO              |  | US        | 149740000 | OU      | $-1798640.94  | -0.22%            |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                              | Long: BDWF8GXF0 TRS USD R F  1.00000 BDWF8GXG8 COMMODITYTRS / Short: BDWF8GXF0 TRS USD P F   .25000 BDWF8GXH6 COMMODITYTRS | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DCO              |  | FR        |  52390000 | OU      | $79892.65     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs & Co. LLC                          | Long: BDWF8GVY1 TRS USD R F  1.00000 BDWF8GVZ8 COMMODITYTRS / Short: BDWF8GVY1 TRS USD P F   .35000 BDWF8GW04 COMMODITYTRS | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DCO              |  | US        |   8000000 | OU      | $104623.68    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                         | Long: BDWF8GXT0 TRS USD R F  1.00000 BDWF8GXU7 COMMODITYTRS / Short: BDWF8GXT0 TRS USD P F   .45000 BDWF8GXV5 COMMODITYTRS | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCO              |  | US        |  12080000 | OU      | $559088.13    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                           | Long: BDWF98ZA6 TRS USD R F   .00000 BDWF98ZC2 COMMODITYTRS / Short: BDWF98ZA6 TRS USD P F  1.00000 BDWF98ZB4 COMMODITYTRS | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DCO              |  | US        |   8000000 | OU      | $-109384.08   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | Long: BDWFALWF7 TRS USD R F  1.00000 BDWFALWG5 COMMODITYTRS / Short: BDWFALWF7 TRS USD P F   .13310 BDWFALWH3 COMMODITYTRS | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DCO              |  | US        |  14000000 | OU      | $112468.16    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                         | Long: BDWFALWC4 TRS USD R F  1.00000 BDWFALWD2 COMMODITYTRS / Short: BDWFALWC4 TRS USD P F   .05000 BDWFALWE0 COMMODITYTRS | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCO              |  | US        |   3000000 | OU      | $24549.87     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| New York Mercantile Exchange                     | NATURAL GAS FUTR MAY26                                                                                                     | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |       240 | NC      | $-358039.20   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | SOYBEAN FUTURE MAR26                                                                                                       | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |      -300 | NC      | $266327.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange                            | LME COPPER FUTURE MAR26                                                                                                    | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |        30 | NC      | $630267.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange                            | LME COPPER FUTURE MAR26                                                                                                    | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       -30 | NC      | $-739233.00   | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | SOYBEAN MEAL FUTR MAR26                                                                                                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |      -257 | NC      | $616418.25    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | SOYBEAN FUTURE NOV26                                                                                                       | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |       150 | NC      | $-50392.50    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Commodities Exchange Center                      | GOLD 100 OZ FUTR APR26                                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       -20 | NC      | $63681.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange                     | NAT GAS EURO OPT MAY26C 4.5                                                                                                | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |       700 | NC      | $392700.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange                     | NAT GAS EURO OPT MAY26C 5.5                                                                                                | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |      -700 | NC      | $-93100.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange                     | NAT GAS EURO OPT MAY26P 3                                                                                                  | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |      -700 | NC      | $-1747900.00  | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange                     | PLATINUM FUTURE APR26                                                                                                      | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |        88 | NC      | $233938.44    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-21

**Name of Applicant:** DEUTSCHE DWS SECURITIES TRUST

**Signature:** Diane Kenneally

**Name of Signer:** Diane Kenneally

**Title:** Treasurer and Chief Financial Officer