# EDGAR Filing Document

**Accession Number:** 0000751173
**File Stem:** 0001752724-23-067866
**Filing Date:** 2023-3
**Character Count:** 210079
**Document Hash:** ae371c06d2dbbbe155200a16a8af086f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-067866.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001752724-23-067866

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230327

**DATE AS OF CHANGE**: 20230327

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MANNING & NAPIER FUND, INC.
- **CENTRAL INDEX KEY:** 0000751173
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04087
- **FILM NUMBER:** 23764026

**BUSINESS ADDRESS:**
- **STREET 1:** 290 WOODCLIFF DRIVE
- **CITY:** FAIRPORT
- **STATE:** NY
- **ZIP:** 14450
- **BUSINESS PHONE:** 585-325-6880

**MAIL ADDRESS:**
- **STREET 1:** 290 WOODCLIFF DRIVE
- **CITY:** FAIRPORT
- **STATE:** NY
- **ZIP:** 14450

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MANNING & NAPIER FUND, INC /NY/
- **DATE OF NAME CHANGE:** 20060929

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EXETER FUND INC /NY/
- **DATE OF NAME CHANGE:** 19980226

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MANNING & NAPIER FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Pro-Blend(R) Conservative Term Series (Series ID: S000003625)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000010083 | Pro-Blend(R) Conservative Term Series Class L | MNCCX           |
| C000010085 | Pro-Blend(R) Conservative Term Series Class R | MNCRX           |
| C000010087 | Pro-Blend(R) Conservative Term Series Class S | EXDAX           |
| C000059952 | Pro-Blend(R) Conservative Term Series Class I | MNCIX           |
| C000206442 | Class W                                       | MNCWX           |

## Nport-Ex

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| PRO-BLEND<sup>®</sup> CONSERVATIVE TERM SERIES | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup>  | VALUE |
| **COMMON STOCKS - 16.8%** |  |  |
| **Communication Services - 1.4%** |  |  |
| &nbsp;&nbsp;&nbsp;**Diversified Telecommunication Services - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Cellnex Telecom S.A. - ADR (Spain) | 4265 | $83082 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cellnex Telecom S.A. (Spain)<sup>2</sup> | 3957 | 155067 |
| &nbsp;&nbsp;&nbsp;&nbsp;Helios Towers plc (Tanzania)<sup>\*</sup> | 35558 | 46907 |
| &nbsp;&nbsp;&nbsp;&nbsp;Radius Global Infrastructure, Inc. - Class A<sup>\*</sup> | 15230 | 205148 |
|  |  | 490204 |
| &nbsp;&nbsp;&nbsp;**Entertainment - 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;Activision Blizzard, Inc. | 9379 | 718150 |
| &nbsp;&nbsp;&nbsp;Electronic Arts, Inc. | 5517 | 709927 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ubisoft Entertainment S.A. (France)<sup>\*</sup> | 2315 | 47936 |
|  |  | 1476013 |
| &nbsp;&nbsp;&nbsp;**Interactive Media & Services - 0.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class A<sup>\*</sup> | 22041 | 2178533 |
| &nbsp;&nbsp;&nbsp;&nbsp;Auto Trader Group plc (United Kingdom)<sup>2</sup> | 22379 | 173627 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meta Platforms, Inc. - Class A<sup>\*</sup> | 7030 | 1047259 |
| &nbsp;&nbsp;&nbsp;Tencent Holdings Ltd. (China) | 1700 | 82839 |
|  |  | 3482258 |
| &nbsp;&nbsp;&nbsp;**Media - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;Comcast Corp. - Class A | 1088 | 42813 |
| &nbsp;&nbsp;&nbsp;Omnicom Group, Inc. | 128 | 11006 |
| &nbsp;&nbsp;&nbsp;Paramount Global - Class B | 218 | 5049 |
|  |  | 58868 |
| **Total Communication Services** |  | 5507343 |
| **Consumer Discretionary - 1.6%** |  |  |
| &nbsp;&nbsp;&nbsp;**Distributors - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;Genuine Parts Co. | 84 | 14097 |
| &nbsp;&nbsp;&nbsp;**Hotels, Restaurants & Leisure - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;Marriott Vacations Worldwide Corp. | 258 | 41290 |
| &nbsp;&nbsp;&nbsp;McDonald's Corp. | 144 | 38506 |
| &nbsp;&nbsp;&nbsp;&nbsp;Playa Hotels & Resorts N.V.<sup>\*</sup> | 4326 | 32791 |
| &nbsp;&nbsp;&nbsp;Restaurant Brands International, Inc. (Canada) | 821 | 54949 |
|  |  | 167536 |
| &nbsp;&nbsp;&nbsp;**Household Durables - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;Garmin Ltd. | 101 | 9987 |
| &nbsp;&nbsp;&nbsp;Lennar Corp. - Class A | 110 | 11264 |
| &nbsp;&nbsp;&nbsp;Nikon Corp. (Japan) | 4900 | 48380 |
| &nbsp;&nbsp;&nbsp;Sony Group Corp. (Japan) | 1000 | 89351 |
|  |  | 158982 |
| &nbsp;&nbsp;&nbsp;**Internet & Direct Marketing Retail - 1.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc.<sup>\*</sup> | 34917 | 3600990 |
| &nbsp;&nbsp;&nbsp;eBay, Inc. | 193 | 9554 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meituan - Class B (China)<sup>\*2</sup> | 240 | 5365 |
| &nbsp;&nbsp;&nbsp;&nbsp;MercadoLibre, Inc. (Brazil)<sup>\*</sup> | 109 | 128804 |
|  |  | 3744713 |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup>  | VALUE |
| **COMMON STOCKS** (continued) |  |  |
| **Consumer Discretionary** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Multiline Retail - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dollar Tree, Inc.<sup>\*</sup> | 4746 | $712755 |
| &nbsp;&nbsp;&nbsp;Target Corp. | 109 | 18763 |
|  |  | 731518 |
| &nbsp;&nbsp;&nbsp;**Specialty Retail - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;Best Buy Co., Inc. | 120 | 10646 |
| &nbsp;&nbsp;&nbsp;The Home Depot, Inc. | 233 | 75532 |
| &nbsp;&nbsp;&nbsp;Ross Stores, Inc. | 118 | 13946 |
| &nbsp;&nbsp;&nbsp;The TJX Companies, Inc. | 307 | 25131 |
| &nbsp;&nbsp;&nbsp;Tractor Supply Co. | 44 | 10032 |
|  |  | 135287 |
| &nbsp;&nbsp;&nbsp;**Textiles, Apparel & Luxury Goods - 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;adidas AG - ADR (Germany) | 7448 | 596213 |
| &nbsp;&nbsp;&nbsp;adidas AG (Germany) | 864 | 139118 |
| &nbsp;&nbsp;&nbsp;&nbsp;lululemon athletica, Inc. <sup>\*</sup> | 155 | 47566 |
| &nbsp;&nbsp;&nbsp;NIKE, Inc. - Class B | 5585 | 711138 |
| &nbsp;&nbsp;&nbsp;VF Corp. | 152 | 4703 |
|  |  | 1498738 |
| **Total Consumer Discretionary** |  | 6450871 |
| **Consumer Staples - 1.9%** |  |  |
| &nbsp;&nbsp;&nbsp;**Beverages - 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;The Coca-Cola Co. | 18511 | 1135094 |
| &nbsp;&nbsp;&nbsp;Diageo plc (United Kingdom) | 1574 | 68825 |
| &nbsp;&nbsp;&nbsp;Heineken N.V. - ADR (Netherlands) | 22687 | 1133216 |
| &nbsp;&nbsp;&nbsp;Heineken N.V. (Netherlands) | 937 | 93643 |
|  |  | 2430778 |
| &nbsp;&nbsp;&nbsp;**Food & Staples Retailing - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;The Kroger Co. | 308 | 13746 |
| &nbsp;&nbsp;&nbsp;Walgreens Boots Alliance, Inc. | 298 | 10984 |
| &nbsp;&nbsp;&nbsp;Walmart, Inc. | 574 | 82582 |
|  |  | 107312 |
| &nbsp;&nbsp;&nbsp;**Food Products - 0.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Archer-Daniels-Midland Co. | 231 | 19138 |
| &nbsp;&nbsp;&nbsp;Bunge Ltd. | 88 | 8721 |
| &nbsp;&nbsp;&nbsp;Campbell Soup Co. | 194 | 10075 |
| &nbsp;&nbsp;&nbsp;Conagra Brands, Inc. | 280 | 10413 |
| &nbsp;&nbsp;&nbsp;Danone S.A. (France) | 1090 | 59775 |
| &nbsp;&nbsp;&nbsp;General Mills, Inc. | 267 | 20922 |
| &nbsp;&nbsp;&nbsp;The J.M. Smucker Co. | 68 | 10391 |
| &nbsp;&nbsp;&nbsp;Kerry Group plc - Class A (Ireland) | 876 | 82081 |
| &nbsp;&nbsp;&nbsp;Mondelez International, Inc. - Class A | 22355 | 1462911 |
| &nbsp;&nbsp;&nbsp;Nestle S.A. - ADR | 9662 | 1180841 |
| &nbsp;&nbsp;&nbsp;Nestle S.A. | 1104 | 134698 |
| &nbsp;&nbsp;&nbsp;Tyson Foods, Inc. - Class A | 165 | 10849 |
|  |  | 3010815 |
| &nbsp;&nbsp;&nbsp;**Household Products - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Colgate-Palmolive Co. | 327 | 24371 |

---

**1**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| PRO-BLEND<sup>®</sup> CONSERVATIVE TERM SERIES | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup>  | VALUE |
| **COMMON STOCKS** (continued) |  |  |
| **Consumer Staples** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Household Products** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Kimberly-Clark de Mexico S.A.B. de C.V. - Class A (Mexico) | 80500 | $153258 |
| &nbsp;&nbsp;&nbsp;The Procter & Gamble Co. | 519 | 73895 |
|  |  | 251524 |
| &nbsp;&nbsp;&nbsp;**Personal Products - 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;Beiersdorf AG (Germany) | 769 | 93493 |
| &nbsp;&nbsp;&nbsp;L'Oreal S.A. (France) | 75 | 30968 |
| &nbsp;&nbsp;&nbsp;Unilever plc - ADR (United Kingdom) | 32386 | 1654925 |
|  |  | 1779386 |
| **Total Consumer Staples** |  | 7579815 |
| **Energy - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**Oil, Gas & Consumable Fuels - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Chevron Corp. | 329 | 57253 |
| &nbsp;&nbsp;&nbsp;ConocoPhillips | 304 | 37048 |
| &nbsp;&nbsp;&nbsp;Coterra Energy, Inc. | 333 | 8335 |
| &nbsp;&nbsp;&nbsp;Devon Energy Corp. | 219 | 13850 |
| &nbsp;&nbsp;&nbsp;Diamondback Energy, Inc. | 68 | 9936 |
| &nbsp;&nbsp;&nbsp;EOG Resources, Inc. | 166 | 21954 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jonah Energy Parent LLC<sup>\*3</sup> | 2353 | 146427 |
| &nbsp;&nbsp;&nbsp;Marathon Petroleum Corp. | 172 | 22105 |
| &nbsp;&nbsp;&nbsp;Pioneer Natural Resources Co. | 72 | 16585 |
| **Total Energy** |  | 333493 |
| **Financials - 1.5%** |  |  |
| &nbsp;&nbsp;&nbsp;**Banks - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;The Bank of N.T. Butterfield & Son Ltd. (Bermuda) | 1648 | 52670 |
| &nbsp;&nbsp;&nbsp;Citigroup, Inc. | 641 | 33473 |
| &nbsp;&nbsp;&nbsp;Fifth Third Bancorp | 346 | 12556 |
| &nbsp;&nbsp;&nbsp;FinecoBank Banca Fineco S.p.A. (Italy) | 7367 | 132251 |
| &nbsp;&nbsp;&nbsp;HDFC Bank Ltd. - ADR (India) | 1610 | 108450 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co. | 627 | 87755 |
| &nbsp;&nbsp;&nbsp;KeyCorp | 381 | 7312 |
| &nbsp;&nbsp;&nbsp;Regions Financial Corp. | 543 | 12782 |
| &nbsp;&nbsp;&nbsp;U.S. Bancorp | 515 | 25647 |
|  |  | 472896 |
| &nbsp;&nbsp;&nbsp;**Capital Markets - 1.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Allfunds Group plc (United Kingdom) | 6637 | 52797 |
| &nbsp;&nbsp;&nbsp;Avanza Bank Holding AB (Sweden) | 4093 | 94440 |
| &nbsp;&nbsp;&nbsp;Deutsche Boerse AG (Germany) | 604 | 108081 |
| &nbsp;&nbsp;&nbsp;Intercontinental Exchange, Inc. | 19846 | 2134438 |
| &nbsp;&nbsp;&nbsp;Intermediate Capital Group plc (United Kingdom) | 6552 | 112743 |
| &nbsp;&nbsp;&nbsp;Moody's Corp. | 4024 | 1298746 |
| &nbsp;&nbsp;&nbsp;S&P Global, Inc. | 1338 | 501670 |
|  |  | 4302915 |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup>  | VALUE |
| **COMMON STOCKS** (continued) |  |  |
| **Financials** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Insurance - 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;Admiral Group plc - ADR (United Kingdom) | 26097 | $707489 |
| &nbsp;&nbsp;&nbsp;Admiral Group plc (United Kingdom) | 6378 | 173388 |
| &nbsp;&nbsp;&nbsp;The Allstate Corp. | 127 | 16316 |
| &nbsp;&nbsp;&nbsp;Chubb Ltd. | 151 | 34351 |
| &nbsp;&nbsp;&nbsp;Cincinnati Financial Corp. | 85 | 9618 |
| &nbsp;&nbsp;&nbsp;RenaissanceRe Holdings Ltd. (Bermuda) | 284 | 55576 |
| &nbsp;&nbsp;&nbsp;The Travelers Companies, Inc. | 109 | 20832 |
|  |  | 1017570 |
| **Total Financials** |  | 5793381 |
| **Health Care - 2.8%** |  |  |
| &nbsp;&nbsp;&nbsp;**Biotechnology - 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BioMarin Pharmaceutical, Inc.<sup>\*</sup> | 7655 | 883004 |
| &nbsp;&nbsp;&nbsp;Gilead Sciences, Inc. | 462 | 38780 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seagen, Inc.<sup>\*</sup> | 4474 | 624034 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vertex Pharmaceuticals, Inc.<sup>\*</sup> | 2791 | 901772 |
|  |  | 2447590 |
| &nbsp;&nbsp;&nbsp;**Health Care Equipment & Supplies - 0.9%** |  |  |
| &nbsp;&nbsp;&nbsp;Abbott Laboratories | 320 | 35376 |
| &nbsp;&nbsp;&nbsp;Alcon, Inc. (Switzerland) | 11878 | 893345 |
| &nbsp;&nbsp;&nbsp;Baxter International, Inc. | 175 | 7996 |
| &nbsp;&nbsp;&nbsp;Getinge AB - Class B (Sweden) | 6121 | 137891 |
| &nbsp;&nbsp;&nbsp;&nbsp;IDEXX Laboratories, Inc.<sup>\*</sup> | 1466 | 704413 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intuitive Surgical, Inc.<sup>\*</sup> | 2771 | 680807 |
| &nbsp;&nbsp;&nbsp;Medtronic plc | 10787 | 902764 |
|  |  | 3362592 |
| &nbsp;&nbsp;&nbsp;**Health Care Providers & Services - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;Quest Diagnostics, Inc. | 77 | 11433 |
| &nbsp;&nbsp;&nbsp;**Life Sciences Tools & Services - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Thermo Fisher Scientific, Inc. | 1246 | 710631 |
| &nbsp;&nbsp;&nbsp;**Pharmaceuticals - 1.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Bristol-Myers Squibb Co. | 611 | 44389 |
| &nbsp;&nbsp;&nbsp;Dechra Pharmaceuticals plc (United Kingdom) | 2255 | 79976 |
| &nbsp;&nbsp;&nbsp;Johnson & Johnson | 13206 | 2158124 |
| &nbsp;&nbsp;&nbsp;Merck & Co., Inc. | 654 | 70246 |
| &nbsp;&nbsp;&nbsp;Novartis AG - ADR (Switzerland) | 18346 | 1662514 |
| &nbsp;&nbsp;&nbsp;Pfizer, Inc. | 985 | 43498 |
| &nbsp;&nbsp;&nbsp;Royalty Pharma plc - Class A | 235 | 9210 |
| &nbsp;&nbsp;&nbsp;Zoetis, Inc. | 2240 | 370698 |
|  |  | 4438655 |
| **Total Health Care** |  | 10970901 |
| **Industrials - 1.4%** |  |  |
| &nbsp;&nbsp;&nbsp;**Aerospace & Defense - 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;Airbus SE (France) | 607 | 76097 |
| &nbsp;&nbsp;&nbsp;BAE Systems plc - ADR (United Kingdom) | 16576 | 708292 |

---

**2**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| PRO-BLEND<sup>®</sup> CONSERVATIVE TERM SERIES | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup>  | VALUE |
| **COMMON STOCKS** (continued) |  |  |
| **Industrials** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Aerospace & Defense** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;BAE Systems plc (United Kingdom) | 13657 | $144574 |
| &nbsp;&nbsp;&nbsp;General Dynamics Corp. | 109 | 25404 |
| &nbsp;&nbsp;&nbsp;L3Harris Technologies, Inc. | 3552 | 763041 |
| &nbsp;&nbsp;&nbsp;Lockheed Martin Corp. | 86 | 39840 |
| &nbsp;&nbsp;&nbsp;Northrop Grumman Corp. | 1415 | 633977 |
|  |  | 2391225 |
| &nbsp;&nbsp;&nbsp;**Air Freight & Logistics - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;C.H. Robinson Worldwide, Inc. | 87 | 8715 |
| &nbsp;&nbsp;&nbsp;United Parcel Service, Inc. - Class B | 182 | 33712 |
|  |  | 42427 |
| &nbsp;&nbsp;&nbsp;**Airlines - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ryanair Holdings plc - ADR (Ireland)<sup>\*</sup> | 662 | 59931 |
| &nbsp;&nbsp;&nbsp;**Building Products - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Assa Abloy AB - Class B (Sweden) | 4168 | 98183 |
| &nbsp;&nbsp;&nbsp;Johnson Controls International plc | 290 | 20175 |
| &nbsp;&nbsp;&nbsp;Trane Technologies plc | 75 | 13434 |
|  |  | 131792 |
| &nbsp;&nbsp;&nbsp;**Commercial Services & Supplies - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Cleanaway Waste Management Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Australia) | 58789 | 113913 |
| &nbsp;&nbsp;&nbsp;&nbsp;Copart, Inc.<sup>\*</sup> | 10622 | 707531 |
| &nbsp;&nbsp;&nbsp;Republic Services, Inc. | 143 | 17849 |
| &nbsp;&nbsp;&nbsp;Waste Management, Inc. | 160 | 24757 |
|  |  | 864050 |
| &nbsp;&nbsp;&nbsp;**Electrical Equipment - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;Eaton Corp. plc | 161 | 26116 |
| &nbsp;&nbsp;&nbsp;Emerson Electric Co. | 243 | 21923 |
|  |  | 48039 |
| &nbsp;&nbsp;&nbsp;**Industrial Conglomerates - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;3M Co. | 190 | 21865 |
| &nbsp;&nbsp;&nbsp;Honeywell International, Inc. | 211 | 43990 |
|  |  | 65855 |
| &nbsp;&nbsp;&nbsp;**Machinery - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Caterpillar, Inc. | 167 | 42132 |
| &nbsp;&nbsp;&nbsp;Cummins, Inc. | 72 | 17967 |
| &nbsp;&nbsp;&nbsp;Illinois Tool Works, Inc. | 120 | 28325 |
| &nbsp;&nbsp;&nbsp;Parker-Hannifin Corp. | 43 | 14018 |
| &nbsp;&nbsp;&nbsp;Rotork plc (United Kingdom) | 13464 | 53038 |
| &nbsp;&nbsp;&nbsp;Stanley Black & Decker, Inc. | 56 | 5001 |
|  |  | 160481 |
| &nbsp;&nbsp;&nbsp;**Road & Rail - 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;Canadian National Railway Co. (Canada) | 6623 | 788733 |
| &nbsp;&nbsp;&nbsp;Norfolk Southern Corp. | 3265 | 802570 |
| &nbsp;&nbsp;&nbsp;Union Pacific Corp. | 187 | 38183 |
|  |  | 1629486 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup>  | VALUE | VALUE |
| **COMMON STOCKS** (continued) |  |  |  |
| **Industrials** (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;**Trading Companies & Distributors - 0.0%##** |  |  |  |
| &nbsp;&nbsp;&nbsp;Brenntag SE (Germany) | 841 | $| 62779 |
| &nbsp;&nbsp;&nbsp;IMCD N.V. (Netherlands) | 173 |  | 27426 |
|  |  |  | 90205 |
| &nbsp;&nbsp;&nbsp;**Transportation Infrastructure - 0.0%##** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Auckland International Airport Ltd. (New Zealand)<sup>\*</sup> | 7678 |  | 42256 |
| &nbsp;&nbsp;&nbsp;Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (Mexico) | 2200 |  | 20100 |
| &nbsp;&nbsp;&nbsp;Grupo Aeroportuario del Pacifico S.A.B. de C.V. - ADR (Mexico) | 118 |  | 20363 |
| &nbsp;&nbsp;&nbsp;Grupo Aeroportuario del Sureste S.A.B. de C.V. - ADR (Mexico) | 80 |  | 21760 |
|  |  |  | 104479 |
| **Total Industrials** |  |  | 5587970 |
| **Information Technology - 3.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**Communications Equipment - 0.0%##** |  |  |  |
| &nbsp;&nbsp;&nbsp;Cisco Systems, Inc. | 1076 |  | 52369 |
| &nbsp;&nbsp;&nbsp;Motorola Solutions, Inc. | 76 |  | 19533 |
|  |  |  | 71902 |
| &nbsp;&nbsp;&nbsp;**Electronic Equipment, Instruments &** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Components - 0.0%##** |  |  |  |
| &nbsp;&nbsp;&nbsp;Keyence Corp. (Japan) | 200 |  | 92074 |
| &nbsp;&nbsp;&nbsp;Softwareone Holding AG (Germany) | 5496 |  | 88741 |
| &nbsp;&nbsp;&nbsp;TE Connectivity Ltd. | 101 |  | 12842 |
|  |  |  | 193657 |
| &nbsp;&nbsp;&nbsp;**IT Services - 1.6%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Adyen N.V. - ADR (Netherlands)<sup>\*</sup> | 42767 |  | 643216 |
| &nbsp;&nbsp;&nbsp;&nbsp;Adyen N.V. (Netherlands)<sup>\*2</sup> | 72 |  | 108857 |
| &nbsp;&nbsp;&nbsp;Automatic Data Processing, Inc. | 136 |  | 30710 |
| &nbsp;&nbsp;&nbsp;Broadridge Financial Solutions, Inc. | 64 |  | 9623 |
| &nbsp;&nbsp;&nbsp;Keywords Studios plc (Ireland) | 783 |  | 27502 |
| &nbsp;&nbsp;&nbsp;Mastercard, Inc. - Class A | 5694 |  | 2110196 |
| &nbsp;&nbsp;&nbsp;&nbsp;PayPal Holdings, Inc.<sup>\*</sup> | 10228 |  | 833480 |
| &nbsp;&nbsp;&nbsp;&nbsp;Snowflake, Inc. - Class A<sup>\*</sup> | 4002 |  | 626073 |
| &nbsp;&nbsp;&nbsp;&nbsp;StoneCo Ltd. - Class A (Brazil)<sup>\*</sup> | 2609 |  | 29116 |
| &nbsp;&nbsp;&nbsp;Visa, Inc. - Class A | 7681 |  | 1768243 |
|  |  |  | 6187016 |
| &nbsp;&nbsp;&nbsp;**Semiconductors & Semiconductor Equipment - 0.4%** | &nbsp;&nbsp;&nbsp;**Semiconductors & Semiconductor Equipment - 0.4%** | &nbsp;&nbsp;&nbsp;**Semiconductors & Semiconductor Equipment - 0.4%** | &nbsp;&nbsp;&nbsp;**Semiconductors & Semiconductor Equipment - 0.4%** |
| &nbsp;&nbsp;&nbsp;Analog Devices, Inc. | 185 |  | 31722 |
| &nbsp;&nbsp;&nbsp;Intel Corp. | 1040 |  | 29390 |
| &nbsp;&nbsp;&nbsp;Microchip Technology, Inc. | 184 |  | 14282 |
| &nbsp;&nbsp;&nbsp;QUALCOMM, Inc. | 317 |  | 42228 |
| &nbsp;&nbsp;&nbsp;Skyworks Solutions, Inc. | 63 |  | 6909 |
| &nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Co. Ltd. - ADR (Taiwan) | 13215 |  | 1225427 |
| &nbsp;&nbsp;&nbsp;Texas Instruments, Inc. | 183 |  | 32430 |

---

**3**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| PRO-BLEND<sup>®</sup> CONSERVATIVE TERM SERIES | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup>  | VALUE |
| **COMMON STOCKS** (continued) |  |  |
| **Information Technology** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Semiconductors & Semiconductor Equipment** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(continued) |  |  |
| &nbsp;&nbsp;&nbsp;Tokyo Electron Ltd. (Japan) | 100 | $34952 |
|  |  | 1417340 |
| &nbsp;&nbsp;&nbsp;**Software - 1.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlassian Corp. - Class A <sup>\*</sup> | 567 | 91639 |
| &nbsp;&nbsp;&nbsp;Intuit, Inc. | 1751 | 740095 |
| &nbsp;&nbsp;&nbsp;Microsoft Corp. | 5935 | 1470752 |
| &nbsp;&nbsp;&nbsp;&nbsp;Salesforce, Inc.<sup>\*</sup> | 6418 | 1078032 |
| &nbsp;&nbsp;&nbsp;&nbsp;ServiceNow, Inc.<sup>\*</sup> | 3072 | 1398159 |
|  |  | 4778677 |
| &nbsp;&nbsp;&nbsp;**Technology Hardware, Storage & Peripherals - 0.0%##** | &nbsp;&nbsp;&nbsp;**Technology Hardware, Storage & Peripherals - 0.0%##** |  |
| &nbsp;&nbsp;&nbsp;NetApp, Inc. | 131 | 8676 |
| **Total Information Technology** |  | 12657268 |
| **Materials - 1.0%** |  |  |
| &nbsp;&nbsp;&nbsp;**Chemicals - 0.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Air Liquide S.A. - ADR (France) | 33168 | 1054411 |
| &nbsp;&nbsp;&nbsp;Air Liquide S.A. (France) | 959 | 152698 |
| &nbsp;&nbsp;&nbsp;Dow, Inc. | 204 | 12107 |
| &nbsp;&nbsp;&nbsp;Eastman Chemical Co. | 76 | 6701 |
| &nbsp;&nbsp;&nbsp;FMC Corp. | 14363 | 1912146 |
| &nbsp;&nbsp;&nbsp;International Flavors & Fragrances, Inc. | 113 | 12708 |
| &nbsp;&nbsp;&nbsp;Linde plc (United Kingdom) | 173 | 57252 |
| &nbsp;&nbsp;&nbsp;LyondellBasell Industries N.V. - Class A | 107 | 10346 |
| &nbsp;&nbsp;&nbsp;PPG Industries, Inc. | 83 | 10818 |
|  |  | 3229187 |
| &nbsp;&nbsp;&nbsp;**Containers & Packaging - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;Packaging Corp. of America | 57 | 8134 |
| &nbsp;&nbsp;&nbsp;**Metals & Mining - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Barrick Gold Corp. (Canada) | 24949 | 487753 |
| &nbsp;&nbsp;&nbsp;Newmont Corp. | 7448 | 394223 |
| &nbsp;&nbsp;&nbsp;Nucor Corp. | 105 | 17747 |
| &nbsp;&nbsp;&nbsp;Steel Dynamics, Inc. | 108 | 13029 |
|  |  | 912752 |
| **Total Materials** |  | 4150073 |
| **Real Estate - 1.7%** |  |  |
| &nbsp;&nbsp;&nbsp;**Equity Real Estate Investment Trusts (REITS) - 1.7%** | &nbsp;&nbsp;&nbsp;**Equity Real Estate Investment Trusts (REITS) - 1.7%** |  |
| &nbsp;&nbsp;&nbsp;Agree Realty Corp. | 1235 | 92168 |
| &nbsp;&nbsp;&nbsp;American Homes 4 Rent - Class A | 2220 | 76124 |
| &nbsp;&nbsp;&nbsp;American Tower Corp. | 403 | 90026 |
| &nbsp;&nbsp;&nbsp;Americold Realty Trust, Inc. | 1474 | 46298 |
| &nbsp;&nbsp;&nbsp;AvalonBay Communities, Inc. | 368 | 65298 |
| &nbsp;&nbsp;&nbsp;Brandywine Realty Trust | 4472 | 29336 |
| &nbsp;&nbsp;&nbsp;Camden Property Trust | 506 | 62344 |
| &nbsp;&nbsp;&nbsp;CareTrust REIT, Inc. | 3165 | 65579 |
| &nbsp;&nbsp;&nbsp;Community Healthcare Trust, Inc. | 2769 | 118735 |
| &nbsp;&nbsp;&nbsp;Cousins Properties, Inc. | 3411 | 93530 |
| &nbsp;&nbsp;&nbsp;Digital Realty Trust, Inc. | 1030 | 118059 |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup>  | VALUE |
| **COMMON STOCKS** (continued) |  |  |
| **Real Estate** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Equity Real Estate Investment Trusts (REITS)** (continued) | &nbsp;&nbsp;&nbsp;**Equity Real Estate Investment Trusts (REITS)** (continued) |  |
| &nbsp;&nbsp;&nbsp;Equinix, Inc. | 1561 | $1152221 |
| &nbsp;&nbsp;&nbsp;Equity LifeStyle Properties, Inc. | 2139 | 153537 |
| &nbsp;&nbsp;&nbsp;Essex Property Trust, Inc. | 191 | 43179 |
| &nbsp;&nbsp;&nbsp;Flagship Communities REIT | 4149 | 66342 |
| &nbsp;&nbsp;&nbsp;Getty Realty Corp. | 3296 | 120073 |
| &nbsp;&nbsp;&nbsp;Healthcare Realty Trust, Inc. | 7069 | 152196 |
| &nbsp;&nbsp;&nbsp;Independence Realty Trust, Inc. | 3475 | 65434 |
| &nbsp;&nbsp;&nbsp;Invitation Homes, Inc. | 3991 | 129707 |
| &nbsp;&nbsp;&nbsp;Life Storage, Inc. | 814 | 87945 |
| &nbsp;&nbsp;&nbsp;LXP Industrial Trust | 5270 | 60868 |
| &nbsp;&nbsp;&nbsp;Mid-America Apartment Communities, Inc. | 726 | 121039 |
| &nbsp;&nbsp;&nbsp;Prologis, Inc. | 4588 | 593137 |
| &nbsp;&nbsp;&nbsp;Public Storage | 675 | 205429 |
| &nbsp;&nbsp;&nbsp;Realty Income Corp. | 1316 | 89264 |
| &nbsp;&nbsp;&nbsp;Rexford Industrial Realty, Inc. | 2460 | 156136 |
| &nbsp;&nbsp;&nbsp;SBA Communications Corp. | 6545 | 1947334 |
| &nbsp;&nbsp;&nbsp;STAG Industrial, Inc. | 999 | 35564 |
| &nbsp;&nbsp;&nbsp;Sun Communities, Inc. | 1153 | 180860 |
| &nbsp;&nbsp;&nbsp;Terreno Realty Corp. | 1567 | 100962 |
| &nbsp;&nbsp;&nbsp;UDR, Inc. | 2035 | 86671 |
| &nbsp;&nbsp;&nbsp;Ventas, Inc. | 1418 | 73467 |
| &nbsp;&nbsp;&nbsp;Welltower, Inc. | 1413 | 106032 |
| **Total Real Estate** |  | 6584894 |
| **Utilities - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;**Electric Utilities - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Evergy, Inc. | 14964 | 937495 |
| **TOTAL COMMON STOCKS** |  |  |
| &nbsp;&nbsp;&nbsp; (Identified Cost $64,147,851) |  | **66553504** |
| **PREFERRED STOCKS - 0.1%** |  |  |
| **Information Technology - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**Software - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Argo Blockchain plc (United Kingdom), 8.75%, 11/30/2026 | 8963 | 40244 |
| &nbsp;&nbsp;&nbsp;Greenidge Generation Holdings, Inc., 8.50%, 10/31/2026 | 10500 | 41895 |
| &nbsp;&nbsp;&nbsp;Synchronoss Technologies, Inc., 8.375%, 6/30/2026 | 19582 | 353259 |
| **TOTAL PREFERRED STOCKS**  |  |  |
| &nbsp;&nbsp;&nbsp; (Identified Cost $977,682) |  | **435398** |

---

**4**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| PRO-BLEND<sup>®</sup> CONSERVATIVE TERM SERIES | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup>  | VALUE |
| **CORPORATE BONDS - 17.4%** |  |  |
| **Non-Convertible Corporate Bonds- 17.4%** |  |  |
| **Communication Services - 2.9%** |  |  |
| &nbsp;&nbsp;&nbsp;**Entertainment - 1.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Warnermedia Holdings, Inc., 4.054%, 3/15/2029<sup>2</sup> | 4730000 | $4331475 |
| &nbsp;&nbsp;&nbsp;**Interactive Media & Services - 1.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Tencent Holdings Ltd. (China), 3.975%, 4/11/2029<sup>2</sup> | 7530000 | 7112654 |
| **Total Communication Services** |  | 11444129 |
| **Consumer Discretionary - 2.0%** |  |  |
| &nbsp;&nbsp;&nbsp;**Internet & Direct Marketing Retail - 2.0%** |  |  |
| &nbsp;&nbsp;&nbsp;Alibaba Group Holding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(China), 2.125%, 2/9/2031 | 1020000 | 837926 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(China), 4.00%, 12/6/2037 | 3730000 | 3243317 |
| &nbsp;&nbsp;&nbsp;Amazon.com, Inc., 3.30%, 4/13/2027 | 3750000 | 3620684 |
| **Total Consumer Discretionary** |  | 7701927 |
| **Consumer Staples - 0.8%** |  |  |
| &nbsp;&nbsp;&nbsp;**Beverages - 0.8%** |  |  |
| &nbsp;&nbsp;&nbsp;PepsiCo, Inc., 3.90%, 7/18/2032 | 3370000 | 3283377 |
| **Energy - 1.8%** |  |  |
| &nbsp;&nbsp;&nbsp;**Oil, Gas & Consumable Fuels - 1.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Brooge Petroleum and Gas Investment Co. FZE (United Arab Emirates), 8.50%, 9/24/2025<sup>2</sup> | 484598 | 456475 |
| &nbsp;&nbsp;&nbsp;Cenovus Energy, Inc. (Canada), 6.75%, 11/15/2039 | 1784000 | 1957060 |
| &nbsp;&nbsp;&nbsp;Energy Transfer LP, 6.50%, 2/1/2042 | 4170000 | 4390924 |
| &nbsp;&nbsp;&nbsp;&nbsp;PetroTal Corp. (Peru), 12.00%, 2/16/2024 (Acquired 06/15/2021- 10/29/2021, cost $422,125)<sup>4</sup> | 400000 | 405608 |
| **Total Energy** |  | 7210067 |
| **Financials - 2.9%** |  |  |
| &nbsp;&nbsp;&nbsp;**Banks - 2.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corp., (U.S. Secured Overnight Financing Rate + 1.320%), 2.687%, 4/22/2032<sup>5</sup> | 3130000 | 2638850 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup, Inc., (U.S. Secured Overnight Financing Rate + 0.770%), 1.462%, 6/9/2027<sup>5</sup> | 2990000 | 2657057 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Co., (U.S. Secured Overnight Financing Rate + 3.790%), 4.493%, 3/24/2031<sup>5</sup> | 4480000 | 4357382 |
| &nbsp;&nbsp;&nbsp;Popular, Inc. (Puerto Rico), 6.125%, 9/14/2023 | 430000 | 428609 |
|  |  | 10081898 |
| &nbsp;&nbsp;&nbsp;**Consumer Finance - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Navient Corp., 6.75%, 6/25/2025 | 485000 | 483998 |
| &nbsp;&nbsp;&nbsp;Synergy One Lending, Inc., 5.50%, 10/14/2026 | 550000 | 489363 |
|  |  | 973361 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup>  | VALUE | VALUE |
| **CORPORATE BONDS** (continued) |  |  |  |
| **Non-Convertible Corporate Bonds** (continued) |  |  |  |
| **Financials** (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;**Diversified Financial Services - 0.1%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;FS Energy & Power Fund, 7.50%, 8/15/2023<sup>2</sup> | 435000 | $| 434937 |
| &nbsp;&nbsp;&nbsp;**Mortgage Real Estate Investment Trusts (REITS) - 0.0%##** | &nbsp;&nbsp;&nbsp;**Mortgage Real Estate Investment Trusts (REITS) - 0.0%##** | &nbsp;&nbsp;&nbsp;**Mortgage Real Estate Investment Trusts (REITS) - 0.0%##** | &nbsp;&nbsp;&nbsp;**Mortgage Real Estate Investment Trusts (REITS) - 0.0%##** |
| &nbsp;&nbsp;&nbsp;&nbsp;Arbor Realty Trust, Inc., 8.00%, 4/30/2023 (Acquired 05/10/2021, cost $170,362)<sup>4</sup> | 160000 |  | 159394 |
| **Total Financials** |  |  | 11649590 |
| **Industrials - 2.5%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**Airlines - 1.0%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alaska Airlines Pass-Through Trust, Series 2020-1, Class B, 8.00%, 8/15/2025<sup>2</sup> | 195108 |  | 198313 |
| &nbsp;&nbsp;&nbsp;Southwest Airlines Co., 5.125%, 6/15/2027 | 3310000 |  | 3340803 |
| &nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust, Series 2018-1, Class B, 4.60%, 3/1/2026 | 82259 |  | 77004 |
| &nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust, Series 2019-2, Class B, 3.50%, 5/1/2028 | 393353 |  | 349381 |
|  |  |  | 3965501 |
| &nbsp;&nbsp;&nbsp;**Marine - 0.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;American Tanker, Inc. (Norway), 7.75%, 7/2/2025 | 520000 |  | 500204 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seaspan Corp. (Hong Kong), 6.50%, 2/5/2024<sup>2</sup> | 500000 |  | 498850 |
|  |  |  | 999054 |
| &nbsp;&nbsp;&nbsp;**Road & Rail - 0.4%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BNSF Funding Trust I, (3 mo. LIBOR US + 2.350%), 6.613%, 12/15/2055<sup>5</sup> | 1540000 |  | 1493958 |
| &nbsp;&nbsp;&nbsp;**Trading Companies & Distributors - 0.9%** |  |  |  |
| &nbsp;&nbsp;&nbsp;AerCap Ireland Capital DAC - AerCap Global Aviation Trust (Ireland), 3.00%, 10/29/2028 | 2040000 |  | 1794270 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ashtead Capital, Inc. (United Kingdom), 4.00%, 5/1/2028<sup>2</sup> | 1890000 |  | 1775899 |
|  |  |  | 3570169 |
| **Total Industrials** |  |  | 10028682 |
| **Information Technology - 0.9%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**Semiconductors & Semiconductor Equipment - 0.9%** | &nbsp;&nbsp;&nbsp;**Semiconductors & Semiconductor Equipment - 0.9%** | &nbsp;&nbsp;&nbsp;**Semiconductors & Semiconductor Equipment - 0.9%** | &nbsp;&nbsp;&nbsp;**Semiconductors & Semiconductor Equipment - 0.9%** |
| &nbsp;&nbsp;&nbsp;QUALCOMM, Inc., 4.25%, 5/20/2032 | 3550000 |  | 3516804 |
| **Materials - 0.5%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**Metals & Mining - 0.5%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Newcastle Coal Infrastructure Group Pty Ltd. (Australia), 4.40%, 9/29/2027<sup>2</sup> | 2010000 |  | 1773753 |

---

**5**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | | |
|:---|:---|:---|:---|
| PRO-BLEND<sup>®</sup> CONSERVATIVE TERM SERIES | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup>  | VALUE | VALUE |
| **CORPORATE BONDS** (continued) |  |  |  |
| **Non-Convertible Corporate Bonds** (continued) |  |  |  |
| **Materials** (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;**Metals & Mining** (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Northwest Acquisitions ULC - Dominion Finco, Inc., 7.125%, 11/1/2022 (Acquired 10/10/2017-05/13/2020, cost $212,263)<sup>4,6</sup> | 880000 | $| 88 |
| **Total Materials** |  |  | 1773841 |
| **Real Estate - 2.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**Equity Real Estate Investment Trusts (REITS) - 2.2%** | &nbsp;&nbsp;&nbsp;**Equity Real Estate Investment Trusts (REITS) - 2.2%** | &nbsp;&nbsp;&nbsp;**Equity Real Estate Investment Trusts (REITS) - 2.2%** | &nbsp;&nbsp;&nbsp;**Equity Real Estate Investment Trusts (REITS) - 2.2%** |
| &nbsp;&nbsp;&nbsp;IIP Operating Partnership LP, 5.50%, 5/25/2026 | 460000 |  | 399694 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pelorus Fund REIT LLC, 7.00%, 9/30/2026 (Acquired 07/08/2022, cost $399,500)<sup>4</sup> | 470000 |  | 445807 |
| &nbsp;&nbsp;&nbsp;&nbsp;SBA Tower Trust, 6.599%, 1/15/2028<sup>2</sup> | 2540000 |  | 2641914 |
| &nbsp;&nbsp;&nbsp;Simon Property Group LP, 2.65%, 2/1/2032 | 5970000 |  | 5021949 |
| **Total Real Estate** |  |  | 8509364 |
| **Utilities - 0.9%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**Independent Power and Renewable Electricity Producers - 0.9%** | &nbsp;&nbsp;&nbsp;**Independent Power and Renewable Electricity Producers - 0.9%** | &nbsp;&nbsp;&nbsp;**Independent Power and Renewable Electricity Producers - 0.9%** | &nbsp;&nbsp;&nbsp;**Independent Power and Renewable Electricity Producers - 0.9%** |
| &nbsp;&nbsp;&nbsp;Vistra Operations Co. LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 5/13/2024<sup>2</sup> | 2945000 |  | 2907651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.55%, 7/15/2024<sup>2</sup> | 855000 |  | 825639 |
| **Total Utilities** |  |  | 3733290 |
| **TOTAL CORPORATE BONDS** |  |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $74,897,764) |  |  | **68851071** |
| **U.S. TREASURY SECURITIES - 32.5%** |  |  |  |
| **U.S. Treasury Notes - 32.5%** |  |  |  |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Note |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 11/15/2024 | 27480000 |  | 26499952 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 11/15/2025 | 28835000 |  | 27550941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 11/15/2026 | 31315000 |  | 29350473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 11/15/2027 | 20700000 |  | 19417571 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.125%, 11/15/2028 | 15935000 |  | 15500522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.375%, 11/15/2031 | 12375000 |  | 10404668 |
| **TOTAL U.S. TREASURY SECURITIES** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Identified Cost $130,363,697) |  |  | **128724127** |
| **ASSET-BACKED SECURITIES - 7.5%** |  |  |  |
| &nbsp;&nbsp;&nbsp;CF Hippolyta Issuer LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1, Class A2, 1.99%, 7/15/2060<sup>2</sup> | 2064700 |  | 1752319 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1, Class B1, 2.28%, 7/15/2060<sup>2</sup> | 2707520 |  | 2407185 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commonbond Student Loan Trust, Series 2019-AGS, Class A1, 2.54%, 1/25/2047<sup>2</sup> | 834738 |  | 772841 |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup>  | VALUE |
| **ASSET-BACKED SECURITIES** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Acceptance Auto Loan Trust Series 2020-1A, Class B, 2.39%, 4/16/2029<sup>2</sup> | 418003 | $416683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-2A, Class A, 0.96%, 2/15/2030<sup>2</sup> | 2200000 | 2123918 |
| &nbsp;&nbsp;&nbsp;&nbsp;DataBank Issuer, Series 2021-2A, Class A2, 2.40%, 10/25/2051<sup>2</sup> | 1630000 | 1445125 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flexential Issuer, Series 2021-1A, Class A2, 3.25%, 11/27/2051<sup>2</sup> | 2600000 | 2350403 |
| &nbsp;&nbsp;&nbsp;&nbsp;KREF Ltd., Series 2021-FL2, Class A, (1 mo. LIBOR US + 1.070%), 5.535%, 2/15/2039<sup>2,7</sup> | 1450000 | 1405341 |
| &nbsp;&nbsp;&nbsp;&nbsp;Libra Solutions LLC, Series 2022-2A, Class A, 6.85%, 10/15/2034<sup>2</sup> | 1354242 | 1349522 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nelnet Student Loan Trust, Series 2012-3A, Class A, (1 mo. LIBOR US + 0.700%), 5.206%, 2/25/2045<sup>2,7</sup> | 160074 | 155849 |
| &nbsp;&nbsp;&nbsp;Oxford Finance Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-1A, Class A2, 4.459%, 2/15/2027<sup>2</sup> | 743999 | 738638 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1A, Class A2, 3.101%, 2/15/2028<sup>2</sup> | 203930 | 201873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-1A, Class A2, 3.602%, 2/15/2030<sup>2</sup> | 2750000 | 2540771 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2023-1A, Class A2, 6.716%, 2/15/2031<sup>2</sup> | 2500000 | 2500000 |
| &nbsp;&nbsp;&nbsp;PEAR LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1, Class A, 2.60%, 1/15/2034 (Acquired 11/16/2021, cost $2,387,883)<sup>4</sup> | 2387883 | 2260211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-1, Class A1, 6.50%, 10/15/2034 (Acquired 10/14/2022, cost $956,913)<sup>4</sup> | 957679 | 956034 |
| &nbsp;&nbsp;&nbsp;&nbsp;SLM Student Loan Trust, Series 2005- 7, Class A4, (3 mo. LIBOR US + 0.150%), 4.968%, 10/25/2029<sup>7</sup> | 52166 | 51802 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMB Private Education Loan Trust, Series 2016-B, Class A2A, 2.43%, 2/17/2032<sup>2</sup> | 1221120 | 1158659 |
| &nbsp;&nbsp;&nbsp;&nbsp;SoFi Professional Loan Program LLC Series 2017-F, Class A2FX, 2.84%, 1/25/2041<sup>2</sup> | 117180 | 113216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-A, Class A2FX, 2.54%, 5/15/2046<sup>2</sup> | 151948 | 141588 |
| &nbsp;&nbsp;&nbsp;&nbsp;Store Master Funding I-VII and XIV, Series 2019-1, Class A1, 2.82%, 11/20/2049<sup>2</sup> | 2096602 | 1909349 |
| &nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-5, Class A1, 2.50%, 10/25/2056<sup>2,8</sup> | 207751 | 204378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-1, Class A1, 2.75%, 10/25/2056<sup>2,8</sup> | 231415 | 227964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-HY1, Class A1, (1 mo. LIBOR US + 1.000%), 5.506%, 10/25/2048<sup>2,7</sup> | 578294 | 575851 |

---

**6**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | | |
|:---|:---|:---|:---|
| PRO-BLEND<sup>®</sup> CONSERVATIVE TERM SERIES | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup>  | VALUE | VALUE |
| **ASSET-BACKED SECURITIES** (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Tricon American Homes Trust, Series 2017-SFR2, Class A, 2.928%, 1/17/2036<sup>2</sup> | 1811689 | $| 1765258 |
| **TOTAL ASSET-BACKED SECURITIES** |  |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $31,447,601) |  |  | **29524778** |
| **COMMERCIAL MORTGAGE-BACKED SECURITIES - 8.7%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES - 8.7%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES - 8.7%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES - 8.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;CIM Trust, Series 2019-INV1, Class A1, 4.00%, 2/25/2049<sup>2,8</sup> | 87444 |  | 85399 |
| &nbsp;&nbsp;&nbsp;Credit Suisse Mortgage Capital Trust |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-IVR3, Class A1, 2.50%, 5/25/2043<sup>2,8</sup> | 314147 |  | 280431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-TH1, Class A1, 2.13%, 2/25/2043<sup>2,8</sup> | 171395 |  | 148171 |
| &nbsp;&nbsp;&nbsp;Fannie Mae REMICS |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-13, Class PA, 3.00%, 3/25/2048 | 1811066 |  | 1642053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-31, Class KP, 3.50%, 7/25/2047 | 70585 |  | 68695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-69, Class WJ, 1.50%, 10/25/2050 | 1184413 |  | 1021300 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fontainebleau Miami Beach Trust, Series 2019-FBLU, Class A, 3.144%, 12/10/2036<sup>2</sup> | 3660000 |  | 3452974 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Multifamily Structured Pass-Through Certificates |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series K030, Class X1 (IO), 0.137%, 4/25/2023<sup>8</sup> | 35457050 |  | 5970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series K032, Class X1 (IO), 0.058%, 5/25/2023<sup>8</sup> | 40427790 |  | 7412 |
| &nbsp;&nbsp;&nbsp;Freddie Mac REMICS, Series 5189, Class CP, 2.50%, 6/25/2049 | 1996254 |  | 1779336 |
| &nbsp;&nbsp;&nbsp;&nbsp;GCT Commercial Mortgage Trust, Series 2021-GCT, Class A, (1 mo. LIBOR US + 0.800%), 5.259%, 2/15/2038<sup>2,7</sup> | 3100000 |  | 2916705 |
| &nbsp;&nbsp;&nbsp;GS Mortgage-Backed Securities Trust |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-INV1, Class A9, (U.S. Secured Overnight Financing Rate 30 Day Average + 0.850%), 5.160%, 12/25/2051<sup>2,7</sup> | 1517154 |  | 1406164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-PJ6, Class A8, 2.50%, 11/25/2051<sup>2,8</sup> | 1267437 |  | 1119913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-PJ9, Class A8, 2.50%, 2/26/2052<sup>2,8</sup> | 1280426 |  | 1131262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-PJ1, Class A8, 2.50%, 5/28/2052<sup>2,8</sup> | 1955685 |  | 1724200 |
| &nbsp;&nbsp;&nbsp;Imperial Fund Mortgage Trust |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-NQM3, Class A1, 1.595%, 11/25/2056<sup>2,8</sup> | 1416620 |  | 1192349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-NQM1, Class A1, 2.493%, 2/25/2067<sup>2,8</sup> | 2711952 |  | 2439280 |
| &nbsp;&nbsp;&nbsp;JP Morgan Mortgage Trust |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-2, Class 1A1, 3.00%, 6/25/2029<sup>2,8</sup> | 262616 |  | 249023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-3, Class 1A3, 3.50%, 8/25/2047<sup>2,8</sup> | 34598 |  | 32204 |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup>  | VALUE |
| **COMMERCIAL MORTGAGE-BACKED SECURITIES** (continued) | **COMMERCIAL MORTGAGE-BACKED SECURITIES** (continued) | **COMMERCIAL MORTGAGE-BACKED SECURITIES** (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Mortgage Trust (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-6, Class A3, 3.50%, 12/25/2048<sup>2,8</sup> | 84131 | $79345 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-3A, Class AFX3, 3.75%, 11/25/2054<sup>2,8</sup> | 345002 | 321198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-2A, Class A1, 3.75%, 8/25/2055<sup>2,8</sup> | 339173 | 318256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-4A, Class A1, 3.75%, 11/25/2056<sup>2,8</sup> | 493960 | 457106 |
| &nbsp;&nbsp;&nbsp;&nbsp;NYMT Loan Trust, Series 2022-CP1, Class A1, 2.042%, 7/25/2061<sup>2</sup> | 1700330 | 1541213 |
| &nbsp;&nbsp;&nbsp;&nbsp;OBX Trust, Series 2022-INV1, Class A1, 3.00%, 12/25/2051<sup>2,8</sup> | 2313778 | 2000054 |
| &nbsp;&nbsp;&nbsp;&nbsp;PMT Loan Trust, Series 2013-J1, Class A9, 3.50%, 9/25/2043<sup>2,8</sup> | 636908 | 589680 |
| &nbsp;&nbsp;&nbsp;&nbsp;Provident Funding Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-2, Class A2A, 2.00%, 4/25/2051<sup>2,8</sup> | 1563381 | 1343510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-INV1, Class A1, 2.50%, 8/25/2051<sup>2,8</sup> | 2432556 | 2010771 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sequoia Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-2, Class A, 1.874%, 2/25/2043<sup>8</sup> | 157657 | 136714 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-6, Class A2, 3.00%, 5/25/2043<sup>8</sup> | 1282656 | 1156797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-7, Class A2, 3.00%, 6/25/2043<sup>8</sup> | 189455 | 169915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-8, Class A1, 3.00%, 6/25/2043<sup>8</sup> | 221609 | 200703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1, Class A1, 3.50%, 2/25/2050<sup>2,8</sup> | 67998 | 62722 |
| &nbsp;&nbsp;&nbsp;&nbsp;Starwood Retail Property Trust, Series 2014-STAR, Class A, (1 mo. LIBOR US + 1.470%), 5.93%, 11/15/2027<sup>2,7</sup> | 2317783 | 1605344 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sutherland Commercial Mortgage Trust, Series 2019-SBC8, Class A, 2.86%, 4/25/2041<sup>2,8</sup> | 1723585 | 1590564 |
| &nbsp;&nbsp;&nbsp;&nbsp;WinWater Mortgage Loan Trust, Series 2015-1, Class A1, 3.50%, 1/20/2045<sup>2,8</sup> | 96050 | 89452 |
| **TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES** | **TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES** | **TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES** |
| &nbsp;&nbsp;&nbsp;&nbsp;(Identified Cost $38,822,651) |  | **34376185** |
| **FOREIGN GOVERNMENT BONDS - 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mexican Bonos (Mexico), 7.75%, 5/29/2031 MXN | 908000 | 45573 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mexico Government International Bond (Mexico), 4.125%, 1/21/2026 | 400000 | 395595 |
| &nbsp;&nbsp;&nbsp;&nbsp;Republic of Italy Government International Bond (Italy), 2.375%, 10/17/2024 | 600000 | 569824 |
| **TOTAL FOREIGN GOVERNMENT BONDS** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Identified Cost $1,067,083) |  | **1010992** |

---

**7**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| PRO-BLEND<sup>®</sup> CONSERVATIVE TERM SERIES | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup>  | VALUE |
| **MUNICIPAL BONDS - 1.3%** |  |  |
| &nbsp;&nbsp;&nbsp;Hawaii, Series GC, G.O. Bond, 2.682%, 10/1/2038 | 2660000 | $2067715 |
| &nbsp;&nbsp;&nbsp;South Carolina Public Service Authority, Series B, Revenue Bond, 1.852%, 12/1/2026 | 3460000 | 3084859 |
| **TOTAL MUNICIPAL BONDS** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Identified Cost $6,218,952) |  | **5152574** |
| **U.S. GOVERNMENT AGENCIES - 10.4%** |  |  |
| **Mortgage-Backed Securities - 10.4%** |  |  |
| &nbsp;&nbsp;&nbsp;Fannie Mae |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AA1563, UMBS, 4.50%, 2/1/2024 | 1912 | 1894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AC1557, UMBS, 4.50%, 9/1/2024 | 5451 | 5389 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AD0462, UMBS, 5.50%, 10/1/2024 | 1630 | 1621 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA1834, UMBS, 4.50%, 2/1/2034 | 269684 | 271135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA1903, UMBS, 4.50%, 5/1/2034 | 237772 | 239052 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #886904, UMBS, 6.50%, 9/1/2036 | 33998 | 36602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #933521, UMBS, 5.00%, 1/1/2038 | 5807 | 5977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #889260, UMBS, 5.00%, 4/1/2038 | 7275 | 7488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #889576, UMBS, 6.00%, 4/1/2038 | 165840 | 176371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #975840, UMBS, 5.00%, 5/1/2038 | 25997 | 26818 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #995196, UMBS, 6.00%, 7/1/2038 | 214774 | 228385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #986458, UMBS, 6.00%, 8/1/2038 | 3946 | 4196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #987831, UMBS, 6.00%, 9/1/2038 | 8779 | 9336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #990897, UMBS, 6.00%, 9/1/2038 | 18926 | 20127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AD0220, UMBS, 6.00%, 10/1/2038 | 30140 | 32050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #257497, UMBS, 6.00%, 12/1/2038 | 8570 | 9114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #971022, UMBS, 5.00%, 1/1/2039 | 13274 | 13694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AA1810, UMBS, 5.00%, 1/1/2039 | 33881 | 34951 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #983686, UMBS, 5.00%, 2/1/2039 | 13845 | 14282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AE0604, UMBS, 6.00%, 7/1/2039 | 196666 | 209129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AA6788, UMBS, 6.00%, 8/1/2039 | 112341 | 119469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AC0463, UMBS, 5.00%, 11/1/2039 | 15518 | 16017 |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup>  | VALUE |
| **U.S. GOVERNMENT AGENCIES** (continued) |  |  |
| **Mortgage-Backed Securities** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Fannie Mae (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AC5111, UMBS, 5.00%, 11/1/2039 | 27610 | $28498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA0258, UMBS, 4.50%, 12/1/2039 | 317586 | 322251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA0259, UMBS, 5.00%, 12/1/2039 | 17833 | 18407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AC8573, UMBS, 5.00%, 1/1/2040 | 25102 | 25909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AL1595, UMBS, 6.00%, 1/1/2040 | 228708 | 243231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AE0061, UMBS, 6.00%, 2/1/2040 | 84698 | 90073 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AL0152, UMBS, 6.00%, 6/1/2040 | 344406 | 366277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA4203, UMBS, 2.50%, 12/1/2040 | 2564340 | 2301262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AI5172, UMBS, 4.00%, 8/1/2041 | 171715 | 169888 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AL1410, UMBS, 4.50%, 12/1/2041 | 369689 | 374946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AB4300, UMBS, 3.50%, 1/1/2042 | 83241 | 80205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA4633, UMBS, 3.50%, 6/1/2042 | 1297725 | 1235694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA4687, UMBS, 4.00%, 6/1/2042 | 3323435 | 3243231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AL7729, UMBS, 4.00%, 6/1/2043 | 189520 | 187503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #BC8677, UMBS, 4.00%, 5/1/2046 | 97711 | 95831 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #BD6997, UMBS, 4.00%, 10/1/2046 | 200768 | 196905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #BE3812, UMBS, 4.00%, 12/1/2046 | 166959 | 163746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #BE7845, UMBS, 4.50%, 2/1/2047 | 150252 | 151266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA3184, UMBS, 4.50%, 11/1/2047 | 628369 | 629406 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AL8674, 5.651%, 1/1/2049 | 600416 | 629747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #FS1179, UMBS, 3.50%, 12/1/2049 | 3186350 | 3039024 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #FS2998, UMBS, 3.50%, 4/1/2052 | 3723749 | 3533998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA4600, UMBS, 3.50%, 5/1/2052 | 3517794 | 3300738 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA4644, UMBS, 4.00%, 5/1/2052 | 3939079 | 3796844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA4807, UMBS, 5.50%, 11/1/2052 | 2923209 | 2967042 |
| &nbsp;&nbsp;&nbsp;Freddie Mac |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #G13078, 6.00%, 3/1/2023 | 5 | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #C91746, 4.50%, 12/1/2033 | 40138 | 40324 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #C91762, 4.50%, 5/1/2034 | 375400 | 377743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #G03926, 6.00%, 2/1/2038 | 141698 | 150856 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #G05906, 6.00%, 4/1/2040 | 19878 | 21163 |

---

**8**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| PRO-BLEND<sup>®</sup> CONSERVATIVE TERM SERIES | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup>  | VALUE |
| **U.S. GOVERNMENT AGENCIES** (continued) |  |  |
| **Mortgage-Backed Securities** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Freddie Mac (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #G06789, 6.00%, 5/1/2040 | 116715 | $124258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #A92889, 4.50%, 7/1/2040 | 463002 | 470121 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #RB5167, UMBS, 3.50%, 7/1/2042 | 1280770 | 1219682 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #RB5178, UMBS, 4.50%, 8/1/2042 | 2054597 | 2049560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #RB5188, UMBS, 4.00%, 10/1/2042 | 2613936 | 2551287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #SD8044, UMBS, 3.00%, 2/1/2050 | 3341414 | 3069641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #SD8230, UMBS, 4.50%, 6/1/2052 | 2289162 | 2257667 |
| &nbsp;&nbsp;&nbsp;Ginnie Mae Pool #671161, 5.50%, 11/15/2037 | 25612 | 26619 |
| **TOTAL U.S. GOVERNMENT AGENCIES** |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $41,634,754) |  | **41033945** |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup>  | VALUE |
| **SHORT-TERM INVESTMENT - 3.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dreyfus Government Cash Management, Institutional Shares, 4.23%<sup>9</sup> |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $15,137,411) | 15137411 | $**15137411** |
| **TOTAL INVESTMENTS - 98.8%** |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $404,715,446) |  | **390799985** |
| **OTHER ASSETS, LESS LIABILITIES - 1.2%** |  | **4679935** |
| **NET ASSETS - 100%** |  | $**395479920** |

---

ADR - American Depositary Receipt

G.O. Bond - General Obligation Bond

IO - Interest only

LIBOR - London Interbank Offered Rate

MXN - Mexican Peso

REMICS - Real Estate Mortgage Investment Conduits

UMBS - Uniform Mortgage-Backed Securities

\*Non-income producing security.

## Less than 0.1%.

<sup>1</sup>Amount is stated in USD unless otherwise noted.

<sup>2</sup>Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act") and determined to be liquid under the Fund's

Liquidity Risk Management Program. The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2023 was $77,844,497, which represented 19.7% of the Series' Net Assets.

<sup>3</sup>Security has been valued using significant unobservable inputs.

<sup>4</sup>Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act") and determined to be illiquid under the Fund's

Liquidity Risk Management Program. The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of such securities at January 31, 2023 was $4,227,142, or 1.1% of the Series' Net Assets.

<sup>5</sup>Variable rate security. Security may be issued at a fixed coupon rate, which converts to a variable rate at a specified date. Rate shown is the rate in effect as of January 31, 2023.

<sup>6</sup>Issuer filed for bankruptcy and/or is in default of interest payments.

<sup>7</sup>Floating rate security. Rate shown is the rate in effect as of January 31, 2023.

<sup>8</sup>Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets. Rate shown is the rate in effect as of January 31, 2023.

<sup>9</sup>Rate shown is the current yield as of January 31, 2023.

The Global Industry Classification Standard (GICS) was developed by and is the exclusive property and a service mark of MSCI Inc. (MSCI) and Standard & Poor's, a division of S&P Global Inc. (S&P), and is licensed for use by Manning & Napier when referencing GICS sectors. Neither MSCI, S&P, nor any third party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification, nor shall any such party have any liability therefrom.

**Fair Value Information:**

GAAP establishes the following fair value hierarchy that categorizes the inputs used to measure fair value. Level 1 includes quoted prices (unadjusted) in active markets for identical financial instruments that the Series' can access at the reporting date. Level 2 includes other significant observable inputs (including, but not limited to, quoted prices for similar financial instruments in active markets, quoted prices for identical or similar financial instruments in inactive markets, interest rates and yield curves, implied volatilities, and credit spreads). Level 3 includes unobservable inputs (including the Valuation Designee's own assumptions in determining fair value). A financial instrument's level within the fair value hierarchy is based on the lowest level of any input both individually and in aggregate that is significant to the fair value measurement. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

**9**

**Investment Portfolio - January 31, 2023**

(unaudited)

The following is a summary of the valuation levels used for major security types as of January 31, 2023 in valuing the Series' assets or liabilities carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;DESCRIPTION | TOTAL | LEVEL 1 | LEVEL 2<sup>#</sup> | LEVEL 3 |
| &nbsp;&nbsp;Assets: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Equity securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication Services | $5507343 | $5000967 | $506376 | $— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer Discretionary | 6450871 | 6168657 | 282214 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer Staples | 7579815 | 7016332 | 563483 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy | 333493 | 187066 |  | 146427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | 5793381 | 5119681 | 673700 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health Care | 10970901 | 10753034 | 217867 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | 5587970 | 4969704 | 618266 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information Technology | 12657268 | 12305142 | 352126 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Materials | 4150073 | 3997375 | 152698 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real Estate | 6584894 | 6584894 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Utilities | 937495 | 937495 |  |  |
| &nbsp;&nbsp;&nbsp;Preferred securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information Technology | 435398 | 435398 |  |  |
| &nbsp;&nbsp;&nbsp;Debt securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury and other U.S. Government agencies | 169758072 |  | 169758072 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;States and political subdivisions (municipals) | 5152574 |  | 5152574 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate debt: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication Services | 11444129 |  | 11444129 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer Discretionary | 7701927 |  | 7701927 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer Staples | 3283377 |  | 3283377 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy | 7210067 |  | 7210067 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | 11649590 |  | 11649590 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | 10028682 |  | 10028682 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information Technology | 3516804 |  | 3516804 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Materials | 1773841 |  | 1773841 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real Estate | 8509364 |  | 8509364 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Utilities | 3733290 |  | 3733290 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset-backed securities | 29524778 |  | 29524778 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commercial mortgage-backed securities | 34376185 |  | 34376185 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign government bonds | 1010992 |  | 1010992 |  |
| &nbsp;&nbsp;&nbsp;Short-Term Investment | 15137411 | 15137411 |  |  |
| &nbsp;&nbsp;Total assets | $390799985 | $78613156 | $312040402 | $146427 |

---

<sup>#</sup>Includes certain foreign equity securities for which a factor from a third party vendor was applied to determine the securities' fair value following the close of local trading.

The Investment Portfolio should be read in conjunction with the financial statements and notes to financial statements, which are included in the Series' audited annual report or unaudited semi-annual report. These reports include additional information about the Series' security valuation policies and about certain security types invested in by the Series.

**10**

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Manning & Napier Fund, Inc.

- **b. Investment Company Act file number:** 811-04087

- **c. CIK number of Registrant:** 0000751173

- **d. LEI of Registrant:** 549300B31SDCBSJSN672

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

  - **Street Address 1:** 290 Woodcliff Drive

  - **City:** Fairport

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 14450

  - **Telephone number:** 585-325-6880

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

- **a. Name of Series:** Pro-Blend Conservative Term Series

- **b. EDGAR series identifier (if any):** S000003625

- **c. LEI of Series:** 549300GMMJ106X6EP068

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $398897714.76

**Total Liabilities:** $3040952.57

**Net Assets:** $395856762.19

**Cash Not Reported:** $4612447.34

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 100.20130000 | **1-Year:** 6876.02886000 | **5-Year:** 49554.00449000 | **10-Year:** 31019.69488000 | **30-Year:** 518.00445000

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

- **3-Month:** 238.19951000 | **1-Year:** 1549.75797000 | **5-Year:** 1634.08683000 | **10-Year:** 953.42692000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000010083 | 3.20%                | -0.66%               | 3.20%                |
| Class ID C000010087 | 3.22%                | -0.60%               | 3.23%                |
| Class ID C000206442 | 3.28%                | -0.53%               | 3.31%                |
| Class ID C000010085 | 3.21%                | -0.65%               | 3.22%                |
| Class ID C000059952 | 3.24%                | -0.57%               | 3.23%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-375494.11              | $12302400.61                               |
| Month 2  | $-1671647.05             | $-1405781.61                               |
| Month 3  | $321212.13               | $11300148.48                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Marriott Vacations Worldwide C     | Marriott Vacations Worldwide Corp                            | CUSIP: 57164Y107<br>LEI: 549300WA6BT5H4F7IO94 | Long             | EC               | CORP              | US        |       258 | NS      | $41290.32     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cincinnati Financial Corp          | Cincinnati Financial Corp                                    | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |        85 | NS      | $9617.75      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Dechra Pharmaceuticals PLC         | Dechra Pharmaceuticals PLC                                   | CUSIP: 000000000<br>LEI: 213800J4UVB5OWG8VX82 | Long             | EC               | CORP              | GB        |      2255 | NS      | $79976.22     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Stanley Black & Decker Inc         | Stanley Black & Decker Inc                                   | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |        56 | NS      | $5001.36      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc      | Rexford Industrial Realty Inc                                | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |      2460 | NS      | $156136.20    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever PLC                       | Unilever PLC                                                 | CUSIP: 904767704<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |     32386 | NS      | $1654924.60   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Realty Trust Inc        | Healthcare Realty Trust Inc                                  | CUSIP: 42226K105<br>LEI: 549300L0I14L7I0VLX84 | Long             | EC               | CORP              | US        |      7069 | NS      | $152195.57    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                     | Mastercard Inc                                               | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      5694 | NS      | $2110196.40   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVIENT CORP                       | Navient Corp                                                 | CUSIP: 63938CAH1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    485000 | PA      | $483997.82    | 0.12%             | 2025-06-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Pioneer Natural Resources Co       | Pioneer Natural Resources Co                                 | CUSIP: 723787107<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | EC               | CORP              | US        |        72 | NS      | $16585.20     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co/The                      | Kroger Co/The                                                | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |       308 | NS      | $13746.04     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHWEST ACQ/DOMINION             | Northwest Acquisitions ULC / Dominion Finco Inc              | CUSIP: 66727WAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    880000 | PA      | $88.00        | 0.00%             | 2022-11-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Cellnex Telecom SA                 | Cellnex Telecom SA                                           | CUSIP: 000000000<br>LEI: 5493008T4YG3AQUI7P67 | Long             | EC               | CORP              | ES        |      3957 | NS      | $155066.95    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Heineken NV                        | Heineken NV                                                  | CUSIP: 000000000<br>LEI: 724500K5PTPSST86UQ23 | Long             | EC               | CORP              | NL        |      1378 | NS      | $137715.78    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Liquide SA                     | Air Liquide SA                                               | CUSIP: 000000000<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |       959 | NS      | $152697.85    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Coterra Energy Inc                 | Coterra Energy Inc                                           | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |       333 | NS      | $8334.99      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Pool                                             | CUSIP: 3133KYXF1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2054597 | PA      | $2049560.40   | 0.52%             | 2042-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                 | Meta Platforms Inc                                           | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      7030 | NS      | $1047259.10   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Centro     | Grupo Aeroportuario del Centro Norte SAB de CV               | CUSIP: 000000000<br>LEI: 529900HUSBARAFSXJ605 | Long             | EC               | CORP              | MX        |      2200 | NS      | $20099.73     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc             | Diamondback Energy Inc                                       | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |        68 | NS      | $9936.16      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc      | Intercontinental Exchange Inc                                | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     19846 | NS      | $2134437.30   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle SA                          | Nestle SA                                                    | CUSIP: 641069406<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |      9662 | NS      | $1180841.33   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418EKV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2923209 | PA      | $2967042.37   | 0.75%             | 2052-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Social Professional Loan Progr     | SOFI PROFESSIONAL LOAN PROGRAM 2017-F LLC                    | CUSIP: 83401BAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    117180 | PA      | $113215.42    | 0.03%             | 2041-01-25      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| UDR Inc                            | UDR Inc                                                      | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |      2035 | NS      | $86670.65     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31416BRR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    214774 | PA      | $228384.91    | 0.06%             | 2038-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                             | CUSIP: 912828G38<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  27480000 | PA      | $26499951.63  | 6.69%             | 2024-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| TJX Cos Inc/The                    | TJX Cos Inc/The                                              | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |       307 | NS      | $25131.02     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3138EHXZ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    228708 | PA      | $243231.07    | 0.06%             | 2040-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Sun Communities Inc                | Sun Communities Inc                                          | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |      1153 | NS      | $180859.58    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC             | Trane Technologies PLC                                       | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |        75 | NS      | $13434.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| New Residential Mortgage Loan      | New Residential Mortgage Loan Trust 2014-3                   | CUSIP: 64829DAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    345002 | PA      | $321198.61    | 0.08%             | 2054-11-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Winwater Mortgage Loan Trust       | WinWater Mortgage Loan Trust 2015-1                          | CUSIP: 97652TAA1<br>LEI: 5493006H0W2XGUBIBK91 | Long             | ABS-MBS          | CORP              | US        |     96050 | PA      | $89452.20     | 0.02%             | 2045-01-20      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| CF Hippolyta Issuer LLC            | CF Hippolyta Issuer LLC                                      | CUSIP: 12530MAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2064700 | PA      | $1752318.60   | 0.44%             | 2060-07-15      | Fixed         | 1.99%                 | No            |                  2 | On Loan: No      |
| Radius Global Infrastructure I     | Radius Global Infrastructure Inc                             | CUSIP: 750481103<br>LEI: 213800NT341MQ5USBX63 | Long             | EC               | CORP              | US        |     15230 | NS      | $205148.10    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc              | Texas Instruments Inc                                        | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |       183 | NS      | $32429.43     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbus SE                          | Airbus SE                                                    | CUSIP: 000000000<br>LEI: MINO79WLOO247M1IL051 | Long             | EC               | CORP              | FR        |       607 | NS      | $76097.09     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Tractor Supply Co                  | Tractor Supply Co                                            | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |        44 | NS      | $10031.56     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Pool                                             | CUSIP: 3133KYW47<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1280770 | PA      | $1219681.50   | 0.31%             | 2042-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JONAH ENERGY PARENT LLC            | JONAH ENERGY PARENT LLC                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2353 | NS      | $146427.19    | 0.04%             |  |  |  | No            |                  3 | On Loan: No      |
| Walgreens Boots Alliance Inc       | Walgreens Boots Alliance Inc                                 | CUSIP: 931427108<br>LEI: 549300RPTUOIXG4LIH86 | Long             | EC               | CORP              | US        |       298 | NS      | $10984.28     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PELORUS FUND REIT LLC              | Pelorus Fund REIT LLC                                        | CUSIP: 70615PAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    470000 | PA      | $445806.91    | 0.11%             | 2026-09-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Alcon Inc                          | Alcon Inc                                                    | CUSIP: 000000000<br>LEI: 549300LDT5AP8S0NBM78 | Long             | EC               | CORP              | CH        |     11878 | NS      | $893344.38    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Keyence Corp                       | Keyence Corp                                                 | CUSIP: 000000000<br>LEI: 529900M7PQBS7A89DZ11 | Long             | EC               | CORP              | JP        |       200 | NS      | $92073.79     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust             | Sequoia Mortgage Trust 2013-7                                | CUSIP: 81745CAB9<br>LEI: 549300DFASAA48I36408 | Long             | ABS-MBS          | CORP              | US        |    189455 | PA      | $169915.20    | 0.04%             | 2043-06-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| J M Smucker Co/The                 | J M Smucker Co/The                                           | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |        68 | NS      | $10390.40     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTH CAROLINA ST PUBLIC SVC A     | South Carolina Public Service Authority                      | CUSIP: 837151XF1<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   3460000 | PA      | $3084858.77   | 0.78%             | 2026-12-01      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31417AX61<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     83241 | PA      | $80204.62     | 0.02%             | 2042-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PMT Loan Trust                     | PMT Loan Trust 2013-J1                                       | CUSIP: 693456AW5<br>LEI: 549300QFMQR379ND0354 | Long             | ABS-MBS          | CORP              | US        |    636908 | PA      | $589680.37    | 0.15%             | 2043-09-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31416QRJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    112341 | PA      | $119469.05    | 0.03%             | 2039-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Allfunds Group Plc                 | Allfunds Group Plc                                           | CUSIP: 000000000<br>LEI: 9598005U8TZQ8Q64SC71 | Long             | EC               | CORP              | GB        |      6637 | NS      | $52797.09     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Baxter International Inc           | Baxter International Inc                                     | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |       175 | NS      | $7995.75      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                               | Taiwan Semiconductor Manufacturing Co Ltd                    | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     13205 | NS      | $1224499.65   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Suisse Mortgage Trust       | CSMC Trust 2013-IVR3                                         | CUSIP: 12646XAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    314147 | PA      | $280430.78    | 0.07%             | 2043-05-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Independence Realty Trust Inc      | Independence Realty Trust Inc                                | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               | CORP              | US        |      3475 | NS      | $65434.25     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The                  | Allstate Corp/The                                            | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |       127 | NS      | $16315.69     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31419AU62<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    196666 | PA      | $209128.59    | 0.05%             | 2039-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Flagship Communities REIT          | Flagship Communities REIT                                    | CUSIP: 33843T108<br>LEI: 894500P7IQ2SJ1DF2L20 | Long             | EC               | CORP              | US        |      4149 | NS      | $66342.51     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                        | Novartis AG                                                  | CUSIP: 66987V109<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |     18346 | NS      | $1662514.52   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc                      | Snowflake Inc                                                | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |      4002 | NS      | $626072.88    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc      | Automatic Data Processing Inc                                | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |       136 | NS      | $30710.16     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GS Mortgage-Backed Securities      | GS Mortgage-Backed Securities Trust 2021-PJ6                 | CUSIP: 36262LAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1267437 | PA      | $1119912.78   | 0.28%             | 2051-11-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Life Storage Inc                   | Life Storage Inc                                             | CUSIP: 53223X107<br>LEI: W9EE01AFDDF9DQCQZC68 | Long             | EC               | CORP              | US        |       814 | NS      | $87944.56     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMONBOND STUDENT LOAN TRUST      | Commonbond Student Loan Trust 2019-A-GS                      | CUSIP: 20268CAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    834738 | PA      | $772841.22    | 0.20%             | 2047-01-25      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| Best Buy Co Inc                    | Best Buy Co Inc                                              | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |       120 | NS      | $10646.40     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418BBC9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    269684 | PA      | $271135.49    | 0.07%             | 2034-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust          | Towd Point Mortgage Trust 2017-1                             | CUSIP: 89173FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    231415 | PA      | $227964.25    | 0.06%             | 2056-10-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Lennar Corp                        | Lennar Corp                                                  | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |       110 | NS      | $11264.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Royalty Pharma PLC                 | Royalty Pharma PLC                                           | CUSIP: 000000000<br>LEI: 549300FGFN7VOK8BZR03 | Long             | EC               | CORP              | US        |       235 | NS      | $9209.65      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc           | Digital Realty Trust Inc                                     | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |      1030 | NS      | $118058.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Helios Towers PLC                  | Helios Towers PLC                                            | CUSIP: 000000000<br>LEI: 213800DGC7GS4XCHCU30 | Long             | EC               | CORP              | GB        |     35558 | NS      | $46906.32     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BAE Systems PLC                    | BAE Systems PLC                                              | CUSIP: 05523R107<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |     16576 | NS      | $708292.48    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Mortgage Trust           | JP Morgan Mortgage Trust 2017-6                              | CUSIP: 46649HAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     84131 | PA      | $79344.48     | 0.02%             | 2048-12-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                             | CUSIP: 9128283F5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20700000 | PA      | $19417570.42  | 4.91%             | 2027-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Brenntag SE                        | Brenntag SE                                                  | CUSIP: 000000000<br>LEI: NNROIXVWJ7CPSR27SV97 | Long             | EC               | CORP              | DE        |       841 | NS      | $62779.02     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Invitation Homes Inc               | Invitation Homes Inc                                         | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3991 | NS      | $129707.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Heineken NV                        | Heineken NV                                                  | CUSIP: 423012301<br>LEI: 724500K5PTPSST86UQ23 | Long             | EC               | CORP              | NL        |     22687 | NS      | $1133215.65   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                        | CUSIP: 3128P75X7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    375400 | PA      | $377742.48    | 0.10%             | 2034-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                        | CUSIP: 3128M5VT4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    141698 | PA      | $150856.19    | 0.04%             | 2038-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FMC Corp                           | FMC Corp                                                     | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |     14363 | NS      | $1912146.19   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31414NG73<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     13274 | PA      | $13693.67     | 0.00%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan      | New Residential Mortgage Loan Trust 2016-4                   | CUSIP: 64829LAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    493960 | PA      | $457106.15    | 0.12%             | 2056-11-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| KREF 2021-FL2 Ltd                  | KREF 2021-FL2 Ltd                                            | CUSIP: 48275RAA5<br>LEI: 54930083ELM2GCMVTQ91 | Long             | ABS-CBDO         | CORP              | KY        |   1450000 | PA      | $1405341.02   | 0.36%             | 2039-02-15      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31417KWT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5451 | PA      | $5388.66      | 0.00%             | 2024-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Cleanaway Waste Management Ltd     | Cleanaway Waste Management Ltd                               | CUSIP: 000000000<br>LEI: 549300D5C72CV6CIBS66 | Long             | EC               | CORP              | AU        |     58789 | NS      | $113912.76    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic Services Inc              | Republic Services Inc                                        | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |       143 | NS      | $17849.26     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp                       | Moody's Corp                                                 | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      4024 | NS      | $1298746.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Pool                                             | CUSIP: 3132DV5D3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3341414 | PA      | $3069640.66   | 0.78%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Equinix Inc                        | Equinix Inc                                                  | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      1561 | NS      | $1152220.93   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp            | SBA Communications Corp                                      | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |      6545 | NS      | $1947333.85   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Oasis Securitisation               | Libra Solutions 2022-2 LLC                                   | CUSIP: 53161MAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1354242 | PA      | $1349522.19   | 0.34%             | 2034-10-15      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3140FPGW3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    166959 | PA      | $163746.37    | 0.04%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31412SSJ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5807 | PA      | $5976.69      | 0.00%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mondelez International Inc         | Mondelez International Inc                                   | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     22355 | NS      | $1462911.20   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                      | Welltower Inc                                                | CUSIP: 95040Q104<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | EC               | CORP              | US        |      1413 | NS      | $106031.52    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                 | Analog Devices Inc                                           | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |       185 | NS      | $31721.95     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY TRANSFER LP                 | Energy Transfer LP                                           | CUSIP: 29273RAR0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   4170000 | PA      | $4390923.64   | 1.11%             | 2042-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Canadian National Railway Co       | Canadian National Railway Co                                 | CUSIP: 136375102<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |      6623 | NS      | $788733.07    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3138EQST0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    189520 | PA      | $187503.04    | 0.05%             | 2043-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colgate-Palmolive Co               | Colgate-Palmolive Co                                         | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |       327 | NS      | $24371.31     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CIM Trust                          | CIM Trust 2019-INV1                                          | CUSIP: 12555DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     87444 | PA      | $85399.24     | 0.02%             | 2049-02-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust             | Sequoia Mortgage Trust 2020-1                                | CUSIP: 81748MAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     67998 | PA      | $62722.27     | 0.02%             | 2050-02-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Rotork PLC                         | Rotork PLC                                                   | CUSIP: 000000000<br>LEI: 213800AH5RZIHGWRJ718 | Long             | EC               | CORP              | GB        |     13464 | NS      | $53037.85     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| eBay Inc                           | eBay Inc                                                     | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |       193 | NS      | $9553.50      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWCASTLE COAL INFRASTRU           | Newcastle Coal Infrastructure Group Pty Ltd                  | CUSIP: 65106WAA3<br>LEI: 549300YAJ8XYYGW2TZ32 | Long             | DBT              | CORP              | AU        |   2010000 | PA      | $1773753.26   | 0.45%             | 2027-09-29      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31417YJD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     17833 | PA      | $18406.67     | 0.00%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlassian Corp                     | Atlassian Corp                                               | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | AU        |       567 | NS      | $91638.54     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Playa Hotels & Resorts NV          | Playa Hotels & Resorts NV                                    | CUSIP: 000000000<br>LEI: 529900BUP3KWPCJNLS49 | Long             | EC               | CORP              | US        |      4326 | NS      | $32791.08     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BNSF FUNDING TRUST I               | BNSF Funding Trust I                                         | CUSIP: 05567SAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1540000 | PA      | $1493958.05   | 0.38%             | 2055-12-15      | Fixed         | 6.61%                 | No            |                  2 | On Loan: No      |
| Genuine Parts Co                   | Genuine Parts Co                                             | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |        84 | NS      | $14096.88     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Inc           | Microchip Technology Inc                                     | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |       184 | NS      | $14282.08     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418EES5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3939079 | PA      | $3796844.00   | 0.96%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3140F4UB0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     97711 | PA      | $95831.09     | 0.02%             | 2046-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31410G5V1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7275 | PA      | $7487.80      | 0.00%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust         | Navient Private Education Refi Loan Trust 2019-E             | CUSIP: 63941MAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1299662 | PA      | $1236546.79   | 0.31%             | 2068-05-15      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd               | Tencent Holdings Ltd                                         | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |      1700 | NS      | $82839.16     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING              | Alibaba Group Holding Ltd                                    | CUSIP: 01609WAU6<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |   3730000 | PA      | $3243316.54   | 0.82%             | 2037-12-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sony Group Corp                    | Sony Group Corp                                              | CUSIP: 000000000<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |      1000 | NS      | $89351.59     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SYNCHRONOSS TECH                   | Synchronoss Technologies Inc                                 | CUSIP: 87157B301<br>LEI: 5493007Z5J8Z2TA76376 | Long             | EP               | CORP              | US        |     19582 | NS      | $353259.28    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| PEPSICO INC                        | PepsiCo Inc                                                  | CUSIP: 713448FM5<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |   3370000 | PA      | $3283376.78   | 0.83%             | 2032-07-18      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Deutsche Boerse AG                 | Deutsche Boerse AG                                           | CUSIP: 000000000<br>LEI: 529900G3SW56SHYNPR95 | Long             | EC               | CORP              | DE        |       604 | NS      | $108081.15    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                  | Imperial Fund Mortgage Trust 2022-NQM1                       | CUSIP: 452766AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2711952 | PA      | $2439280.06   | 0.62%             | 2067-02-25      | Variable      | 2.49%                 | No            |                  2 | On Loan: No      |
| Lululemon Athletica Inc            | Lululemon Athletica Inc                                      | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | CA        |       155 | NS      | $47566.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                        | CUSIP: 3128MBUB1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         5 | PA      | $4.79         | 0.00%             | 2023-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418MQQ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1630 | PA      | $1621.33      | 0.00%             | 2024-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities      | GS Mortgage-Backed Securities Trust 2021-PJ9                 | CUSIP: 36263CAH2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1280426 | PA      | $1131262.15   | 0.29%             | 2052-02-26      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust          | Nelnet Student Loan Trust 2012-3                             | CUSIP: 64032XAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    160074 | PA      | $155848.95    | 0.04%             | 2045-02-25      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| US Bancorp                         | US Bancorp                                                   | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |       515 | NS      | $25647.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| RenaissanceRe Holdings Ltd         | RenaissanceRe Holdings Ltd                                   | CUSIP: 000000000<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | BM        |       284 | NS      | $55575.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC Multifamily Structured P     | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137B4GZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  40427790 | PA      | $7411.63      | 0.00%             | 2023-05-25      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| Americold Realty Trust Inc         | Americold Realty Trust Inc                                   | CUSIP: 03064D108<br>LEI: 549300R7N1V5YV8MWH02 | Long             | EC               | CORP              | US        |      1474 | NS      | $46298.34     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Finance Funding Trust       | Oxford Finance Funding 2020-1 LLC                            | CUSIP: 69144AAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    203930 | PA      | $201873.37    | 0.05%             | 2028-02-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418EDE7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3517794 | PA      | $3300737.98   | 0.83%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Archer-Daniels-Midland Co          | Archer-Daniels-Midland Co                                    | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |       231 | NS      | $19138.35     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Tricon American Homes              | Tricon American Homes 2017-SFR2 Trust                        | CUSIP: 89613FAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1811689 | PA      | $1765257.85   | 0.45%             | 2036-01-17      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| OWL ROCK TECHNOLOGY FINA           | Owl Rock Technology Finance Corp                             | CUSIP: 691205AE8<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |    759000 | PA      | $671413.73    | 0.17%             | 2026-06-17      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United Parcel Service Inc          | United Parcel Service Inc                                    | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |       182 | NS      | $33711.86     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418CRE6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    628369 | PA      | $629406.06    | 0.16%             | 2047-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ross Stores Inc                    | Ross Stores Inc                                              | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |       118 | NS      | $13946.42     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Surest     | Grupo Aeroportuario del Sureste SAB de CV                    | CUSIP: 40051E202<br>LEI: 5299001W7JIDXCUOUC82 | Long             | EC               | CORP              | MX        |        80 | NS      | $21760.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Towd Point Mortgage Trust          | Towd Point Mortgage Trust 2016-5                             | CUSIP: 89173CAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    207751 | PA      | $204378.22    | 0.05%             | 2056-10-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Visa Inc                           | Visa Inc                                                     | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      7681 | NS      | $1768243.01   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Campbell Soup Co                   | Campbell Soup Co                                             | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | EC               | CORP              | US        |       194 | NS      | $10074.42     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Imperial Fund LLC                  | Imperial Fund Mortgage Trust 2021-NQM3                       | CUSIP: 452762AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1416620 | PA      | $1192348.86   | 0.30%             | 2056-11-25      | Variable      | 1.59%                 | No            |                  2 | On Loan: No      |
| Home Depot Inc/The                 | Home Depot Inc/The                                           | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |       233 | NS      | $75531.61     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                             | CUSIP: 91282CDJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12375000 | PA      | $10404667.97  | 2.63%             | 2031-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| NIKE Inc                           | NIKE Inc                                                     | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |      5585 | NS      | $711138.05    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| IMCD NV                            | IMCD NV                                                      | CUSIP: 000000000<br>LEI: 724500NSJPNFJPDAUP02 | Long             | EC               | CORP              | NL        |       173 | NS      | $27426.01     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31417JQR4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     15518 | PA      | $16016.98     | 0.00%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING              | Alibaba Group Holding Ltd                                    | CUSIP: 01609WAX0<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |   1020000 | PA      | $837926.03    | 0.21%             | 2031-02-09      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Softwareone Holding AG             | Softwareone Holding AG                                       | CUSIP: 000000000<br>LEI: 529900GBI88JKWXLGI05 | Long             | EC               | CORP              | CH        |      5496 | NS      | $88740.58     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of NT Butterfield & Son L     | Bank of NT Butterfield & Son Ltd/The                         | CUSIP: 000000000<br>LEI: 549300V8RVM0EMTDPF28 | Long             | EC               | CORP              | BM        |      1648 | NS      | $52670.08     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTRA OPERATIONS CO LLC           | Vistra Operations Co LLC                                     | CUSIP: 92840VAD4<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    855000 | PA      | $825638.70    | 0.21%             | 2024-07-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Tru     | Provident Funding Mortgage Trust 2021-2                      | CUSIP: 74388JAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1563381 | PA      | $1343509.34   | 0.34%             | 2051-04-25      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP               | Bank of America Corp                                         | CUSIP: 06051GJT7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   3130000 | PA      | $2638850.07   | 0.67%             | 2032-04-22      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| Grupo Aeroportuario del Pacifi     | Grupo Aeroportuario del Pacifico SAB de CV                   | CUSIP: 400506101<br>LEI: 4469000001BZ368XFI90 | Long             | EC               | CORP              | MX        |       118 | NS      | $20363.26     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GCT Commercial Mortgage Trust      | GCT Commercial Mortgage Trust 2021-GCT                       | CUSIP: 36167RAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3100000 | PA      | $2916704.91   | 0.74%             | 2038-02-15      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Essex Property Trust Inc           | Essex Property Trust Inc                                     | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |       191 | NS      | $43179.37     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DataBank Issuer LLC                | DataBank Issuer                                              | CUSIP: 23802WAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1630000 | PA      | $1445125.06   | 0.37%             | 2051-10-25      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                | Ashtead Capital Inc                                          | CUSIP: 045054AJ2<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |   1890000 | PA      | $1775899.30   | 0.45%             | 2028-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                | Abbott Laboratories                                          | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |       320 | NS      | $35376.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos Inc/The              | Travelers Cos Inc/The                                        | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |       109 | NS      | $20832.08     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Starwood Retail Property Trust     | Starwood Retail Property Trust 2014-STAR                     | CUSIP: 85571XAA5<br>LEI: 5493007115G809OI4R97 | Long             | ABS-MBS          | CORP              | US        |   2317783 | PA      | $1605344.15   | 0.41%             | 2027-11-15      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| TE Connectivity Ltd                | TE Connectivity Ltd                                          | CUSIP: 000000000<br>LEI: 894500ZRIX9K13RHXR17 | Long             | EC               | CORP              | US        |       101 | NS      | $12842.15     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ARGO BLOCKCHAIN PLC                | Argo Blockchain PLC                                          | CUSIP: 040126203<br>LEI: 213800WPCCYSDYY26J54 | Long             | EP               | CORP              | GB        |      8963 | NS      | $40243.87     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ITALY GOV'T INT BOND               | Republic of Italy Government International Bond              | CUSIP: 465410BX5<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    600000 | PA      | $569824.16    | 0.14%             | 2024-10-17      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Procter & Gamble Co/The            | Procter & Gamble Co/The                                      | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |       519 | NS      | $73895.22     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                      | Citigroup Inc                                                | CUSIP: 172967NA5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2990000 | PA      | $2657057.22   | 0.67%             | 2027-06-09      | Fixed         | 1.46%                 | No            |                  2 | On Loan: No      |
| Activision Blizzard Inc            | Activision Blizzard Inc                                      | CUSIP: 00507V109<br>LEI: 549300TPQQDBP9GNOF40 | Long             | EC               | CORP              | US        |      9379 | NS      | $718150.03    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Flexential Issuer, LLC             | Flexential Issuer 2021-1                                     | CUSIP: 33938MAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2600000 | PA      | $2350402.60   | 0.59%             | 2051-11-27      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31410EKR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     33998 | PA      | $36602.13     | 0.01%             | 2036-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PayPal Holdings Inc                | PayPal Holdings Inc                                          | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     10228 | NS      | $833479.72    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| VF Corp                            | VF Corp                                                      | CUSIP: 918204108<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | EC               | CORP              | US        |       152 | NS      | $4702.88      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                          | Linde PLC                                                    | CUSIP: 000000000<br>LEI: 8945002PAZHZLBGKGF02 | Long             | EC               | CORP              | GB        |       173 | NS      | $57252.62     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Finance Funding Trust       | Oxford Finance Funding 2022-1 LLC                            | CUSIP: 69145BAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2750000 | PA      | $2540771.20   | 0.64%             | 2030-02-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A     | Ginnie Mae I Pool                                            | CUSIP: 36295HTS9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     25612 | PA      | $26619.39     | 0.01%             | 2037-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| IDEXX Laboratories Inc             | IDEXX Laboratories Inc                                       | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |      1466 | NS      | $704413.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp              | General Dynamics Corp                                        | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |       109 | NS      | $25403.54     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Mortgage Trust           | JP Morgan Mortgage Trust 2014-2                              | CUSIP: 46641YAA1<br>LEI: 549300BV8AJIRLDGMR51 | Long             | ABS-MBS          | CORP              | US        |    262616 | PA      | $249023.21    | 0.06%             | 2029-06-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3138AJXA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    171715 | PA      | $169887.97    | 0.04%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NetApp Inc                         | NetApp Inc                                                   | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |       131 | NS      | $8676.13      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Admiral Group PLC                  | Admiral Group PLC                                            | CUSIP: 007192107<br>LEI: 213800FGVM7Z9EJB2685 | Long             | EC               | CORP              | GB        |     26097 | NS      | $707489.67    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc                | Electronic Arts Inc                                          | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      5517 | NS      | $709927.56    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Avanza Bank Holding AB             | Avanza Bank Holding AB                                       | CUSIP: 000000000<br>LEI: 549300MBWR5H8SIJLE03 | Long             | EC               | CORP              | SE        |      4093 | NS      | $94440.29     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust       | CSMC Trust 2013-TH1                                          | CUSIP: 22944PAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    171395 | PA      | $148171.52    | 0.04%             | 2043-02-25      | Variable      | 2.13%                 | No            |                  2 | On Loan: No      |
| Fontainebleau Miami Beach Trus     | Fontainebleau Miami Beach Trust 2019-FBLU                    | CUSIP: 34461LAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3660000 | PA      | $3452974.30   | 0.87%             | 2036-12-10      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp              | Northrop Grumman Corp                                        | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      1415 | NS      | $633976.60    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                     | S&P Global Inc                                               | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      1338 | NS      | $501669.72    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                      | Medtronic PLC                                                | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     10787 | NS      | $902764.03    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INC                       | QUALCOMM Inc                                                 | CUSIP: 747525BQ5<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |   3550000 | PA      | $3516803.91   | 0.89%             | 2032-05-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru     | SMB Private Education Loan Trust 2016-B                      | CUSIP: 78449GAB5<br>LEI: 5493008SQ2WS8HE83M61 | Long             | ABS-O            | CORP              | US        |   1221120 | PA      | $1158658.55   | 0.29%             | 2032-02-17      | Fixed         | 2.43%                 | No            |                  2 | On Loan: No      |
| Public Storage                     | Public Storage                                               | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Long             | EC               | CORP              | US        |       675 | NS      | $205429.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Nikon Corp                         | Nikon Corp                                                   | CUSIP: 654111103<br>LEI: 549300X7LIS9RFELXJ98 | Long             | EC               | CORP              | JP        |      4900 | NS      | $48379.70     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| adidas AG                          | adidas AG                                                    | CUSIP: 00687A107<br>LEI: 549300JSX0Z4CW0V5023 | Long             | EC               | CORP              | DE        |      7448 | NS      | $596212.40    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ARBOR REALTY TRUST INC             | Arbor Realty Trust Inc                                       | CUSIP: 038923AS7<br>LEI: 549300ASFUWYQO0RW077 | Long             | DBT              | CORP              | US        |    160000 | PA      | $159394.05    | 0.04%             | 2023-04-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA           | AerCap Ireland Capital DAC / AerCap Global Aviation Trust    | CUSIP: 00774MAW5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   2040000 | PA      | $1794269.88   | 0.45%             | 2028-10-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| POPULAR INC                        | Popular Inc                                                  | CUSIP: 733174AK2<br>LEI: 5493008CARDZMVQ3LO89 | Long             | DBT              | CORP              | PR        |    430000 | PA      | $428609.41    | 0.11%             | 2023-09-14      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| BioMarin Pharmaceutical Inc        | BioMarin Pharmaceutical Inc                                  | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |      7655 | NS      | $883004.25    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Store Master Funding I - VII,      | Store Master Funding I-VII and XIV                           | CUSIP: 86212XAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2096602 | PA      | $1909348.55   | 0.48%             | 2049-11-20      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| Intuit Inc                         | Intuit Inc                                                   | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      1751 | NS      | $740095.17    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                 | Union Pacific Corp                                           | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |       187 | NS      | $38183.53     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc               | Waste Management Inc                                         | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |       160 | NS      | $24756.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc                 | Steel Dynamics Inc                                           | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |       108 | NS      | $13029.12     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Adyen NV                           | Adyen NV                                                     | CUSIP: 00783V104<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |     42767 | NS      | $643215.68    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| FinecoBank Banca Fineco SpA        | FinecoBank Banca Fineco SpA                                  | CUSIP: 000000000<br>LEI: 549300L7YCATGO57ZE10 | Long             | EC               | CORP              | IT        |      7367 | NS      | $132251.35    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                 | Conagra Brands Inc                                           | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |       280 | NS      | $10413.20     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Admiral Group PLC                  | Admiral Group PLC                                            | CUSIP: 000000000<br>LEI: 213800FGVM7Z9EJB2685 | Long             | EC               | CORP              | GB        |      6378 | NS      | $173388.10    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                | Gilead Sciences Inc                                          | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |       462 | NS      | $38780.28     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills Inc                  | General Mills Inc                                            | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |       267 | NS      | $20922.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31415QZX7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3946 | PA      | $4196.24      | 0.00%             | 2038-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ALASKA AIR 2020-1 CL B             | Alaska Airlines 2020-1 Class B Pass Through Trust            | CUSIP: 01166WAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195108 | PA      | $198313.76    | 0.05%             | 2025-08-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31415SLL4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8779 | PA      | $9335.98      | 0.00%             | 2038-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Kerry Group PLC                    | Kerry Group PLC                                              | CUSIP: 000000000<br>LEI: 635400TLVVBNXLFHWC59 | Long             | EC               | CORP              | IE        |       876 | NS      | $82081.27     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Pool                                             | CUSIP: 3133KYXR5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2613936 | PA      | $2551287.00   | 0.64%             | 2042-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Quest Diagnostics Inc              | Quest Diagnostics Inc                                        | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |        77 | NS      | $11432.96     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo PLC                         | Diageo PLC                                                   | CUSIP: 000000000<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |      2995 | NS      | $130959.70    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Equity LifeStyle Properties In     | Equity LifeStyle Properties Inc                              | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |      2139 | NS      | $153537.42    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31415VX26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     18926 | PA      | $20127.28     | 0.01%             | 2038-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Intel Corp                         | Intel Corp                                                   | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |      1040 | NS      | $29390.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                   | Coca-Cola Co/The                                             | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     18511 | NS      | $1135094.52   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy Inc                         | Evergy Inc                                                   | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |     14964 | NS      | $937494.60    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrick Gold Corp                  | Barrick Gold Corp                                            | CUSIP: 067901108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |     24949 | NS      | $487752.95    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTRA OPERATIONS CO LLC           | Vistra Operations Co LLC                                     | CUSIP: 92840VAK8<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   2945000 | PA      | $2907651.33   | 0.73%             | 2024-05-13      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Cousins Properties Inc             | Cousins Properties Inc                                       | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |      3411 | NS      | $93529.62     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                     | Merck & Co Inc                                               | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |       654 | NS      | $70246.14     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International     | Johnson Controls International plc                           | CUSIP: 000000000<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |       290 | NS      | $20175.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKSTONE SECURED LEND            | Blackstone Secured Lending Fund                              | CUSIP: 09261XAB8<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |   1171000 | PA      | $1035825.09   | 0.26%             | 2026-09-16      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418EEF3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1297725 | PA      | $1235693.59   | 0.31%             | 2042-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31410KJV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    165840 | PA      | $176371.40    | 0.04%             | 2038-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp               | Lockheed Martin Corp                                         | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |        86 | NS      | $39840.36     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3140FTWF4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    150252 | PA      | $151265.58    | 0.04%             | 2047-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                | American Tower Corp                                          | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |       403 | NS      | $90026.17     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Co                              | 3M Co                                                        | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |       190 | NS      | $21865.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp                        | Target Corp                                                  | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |       109 | NS      | $18763.26     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                     | Amazon.com Inc                                               | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     34917 | NS      | $3600990.21   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3140XGJZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3186350 | PA      | $3039024.34   | 0.77%             | 2049-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Bunge Ltd                          | Bunge Ltd                                                    | CUSIP: 000000000<br>LEI: 5493007M0RIN8HY3MM77 | Long             | EC               | CORP              | US        |        88 | NS      | $8720.80      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31415LXP7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     13845 | PA      | $14282.58     | 0.00%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Skyworks Solutions Inc             | Skyworks Solutions Inc                                       | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |        63 | NS      | $6909.21      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Assa Abloy AB                      | Assa Abloy AB                                                | CUSIP: 000000000<br>LEI: 549300YECS8HKCIMMB67 | Long             | EC               | CORP              | SE        |      4168 | NS      | $98182.49     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                             | CUSIP: 9128285M8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15935000 | PA      | $15500522.35  | 3.92%             | 2028-11-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CF Hippolyta Issuer LLC            | CF Hippolyta Issuer LLC                                      | CUSIP: 12530MAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2707520 | PA      | $2407185.28   | 0.61%             | 2060-07-15      | Fixed         | 2.28%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31419AB71<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     84698 | PA      | $90072.93     | 0.02%             | 2040-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Emerson Electric Co                | Emerson Electric Co                                          | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |       243 | NS      | $21923.46     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GREENIDGE GEN HLD INC              | Greenidge Generation Holdings Inc                            | CUSIP: 39531G209<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     10500 | NS      | $41895.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneCo Ltd                        | StoneCo Ltd                                                  | CUSIP: 000000000<br>LEI: 549300O1A9LEF0XZCR35 | Long             | EC               | CORP              | BR        |      2609 | NS      | $29116.44     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Terreno Realty Corp                | Terreno Realty Corp                                          | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1567 | NS      | $100961.81    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp                 | Realty Income Corp                                           | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |      1316 | NS      | $89264.28     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED AIR 2019-2 B PTT            | United Airlines 2019-2 Class B Pass Through Trust            | CUSIP: 90932KAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    393353 | PA      | $349380.84    | 0.09%             | 2028-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                     | Amazon.com Inc                                               | CUSIP: 023135CF1<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |   3750000 | PA      | $3620684.10   | 0.91%             | 2027-04-13      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418EF54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3323435 | PA      | $3243230.83   | 0.82%             | 2042-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pear LLC                           | PEAR 2021-1 LLC                                              | CUSIP: 70472TAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2387883 | PA      | $2260211.25   | 0.57%             | 2034-01-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| adidas AG                          | adidas AG                                                    | CUSIP: 000000000<br>LEI: 549300JSX0Z4CW0V5023 | Long             | EC               | CORP              | DE        |       864 | NS      | $139118.03    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Agree Realty Corp                  | Agree Realty Corp                                            | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1235 | NS      | $92168.05     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Meituan                            | Meituan                                                      | CUSIP: 000000000<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | CN        |       240 | NS      | $5365.41      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                 | Cenovus Energy Inc                                           | CUSIP: 15135UAF6<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |   1784000 | PA      | $1957060.54   | 0.49%             | 2039-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| STAG Industrial Inc                | STAG Industrial Inc                                          | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |       999 | NS      | $35564.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryanair Holdings PLC               | Ryanair Holdings PLC                                         | CUSIP: 783513203<br>LEI: 635400BR2ROC1FVEBQ56 | Long             | EC               | CORP              | IE        |       662 | NS      | $59930.86     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc        | Honeywell International Inc                                  | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |       211 | NS      | $43989.28     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                       | Chevron Corp                                                 | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       329 | NS      | $57252.58     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                            | KeyCorp                                                      | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |       381 | NS      | $7311.39      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                       | Alphabet Inc                                                 | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     22041 | NS      | $2178532.44   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31417QVD3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     27610 | PA      | $28497.96     | 0.01%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Prologis Inc                       | Prologis Inc                                                 | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |      4588 | NS      | $593136.64    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418MG63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     30140 | PA      | $32050.06     | 0.01%             | 2038-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ServiceNow Inc                     | ServiceNow Inc                                               | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      3072 | NS      | $1398159.36   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Provident Funding Mortgage Tru     | Provident Funding Mortgage Trust 2021-INV1                   | CUSIP: 74387VAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2432556 | PA      | $2010771.24   | 0.51%             | 2051-08-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| SYNERGY ONE LENDING INC            | Synergy One Lending Inc/DE                                   | CUSIP: 87168KAA8<br>LEI: 2549004FXPNKCLIN8250 | Long             | DBT              | CORP              | US        |    550000 | PA      | $489363.12    | 0.12%             | 2026-10-14      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31416JWZ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1912 | PA      | $1894.22      | 0.00%             | 2024-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Thermo Fisher Scientific Inc       | Thermo Fisher Scientific Inc                                 | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      1246 | NS      | $710631.18    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SIMON PROPERTY GROUP LP            | Simon Property Group LP                                      | CUSIP: 828807DT1<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |   5970000 | PA      | $5021948.66   | 1.27%             | 2032-02-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3140XJKL6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3723749 | PA      | $3533997.76   | 0.89%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Pool                                             | CUSIP: 3132DWEB5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2289162 | PA      | $2257666.76   | 0.57%             | 2052-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Garmin Ltd                         | Garmin Ltd                                                   | CUSIP: 000000000<br>LEI: 2549001E0HIPIJQ0W046 | Long             | EC               | CORP              | CH        |       101 | NS      | $9986.88      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc                         | Ventas Inc                                                   | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |      1418 | NS      | $73466.58     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31417YJC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    317586 | PA      | $322250.64    | 0.08%             | 2039-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Keywords Studios PLC               | Keywords Studios PLC                                         | CUSIP: 000000000<br>LEI: 2138007VR9ZYCWS7VE12 | Long             | EC               | CORP              | IE        |       783 | NS      | $27501.65     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31417VQ30<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     25102 | PA      | $25909.49     | 0.01%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Marathon Petroleum Corp            | Marathon Petroleum Corp                                      | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |       172 | NS      | $22105.44     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Electron Ltd                 | Tokyo Electron Ltd                                           | CUSIP: 000000000<br>LEI: 549300H5LSF8DP3RIJ34 | Long             | EC               | CORP              | JP        |       100 | NS      | $34952.43     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Kimberly-Clark de Mexico SAB d     | Kimberly-Clark de Mexico SAB de CV                           | CUSIP: 000000000<br>LEI: 549300JGHL56QT00KT54 | Long             | EC               | CORP              | MX        |     80500 | NS      | $153258.01    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae REMICS                                            | CUSIP: 3136B1YD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     70585 | PA      | $68694.68     | 0.02%             | 2047-07-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Tyson Foods Inc                    | Tyson Foods Inc                                              | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |       165 | NS      | $10848.75     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc         | Vertex Pharmaceuticals Inc                                   | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      2791 | NS      | $901772.10    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| GS Mortgage-Backed Securities      | GS Mortgage-Backed Securities Trust 2021-INV1                | CUSIP: 36263KAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1517154 | PA      | $1406163.93   | 0.36%             | 2051-12-25      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| New York Mortgage Trust            | NYMT Loan Trust 2022-CP1                                     | CUSIP: 62955VAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1700330 | PA      | $1541212.89   | 0.39%             | 2061-07-25      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| BROOGE PETROLEUM AND GAS           | Brooge Petroleum and Gas Investment Co FZE                   | CUSIP: 000000000<br>LEI: 213800T6YBVV45KTOC07 | Long             | DBT              | CORP              | AE        |    484598 | PA      | $456475.11    | 0.12%             | 2025-09-24      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust             | Sequoia Mortgage Trust 2013-2                                | CUSIP: 81745MAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    157657 | PA      | $136714.14    | 0.03%             | 2043-02-25      | Variable      | 1.87%                 | No            |                  2 | On Loan: No      |
| Camden Property Trust              | Camden Property Trust                                        | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |       506 | NS      | $62344.26     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Paramount Global                   | Paramount Global                                             | CUSIP: 92556H206<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | EC               | CORP              | US        |       218 | NS      | $5048.88      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Beiersdorf AG                      | Beiersdorf AG                                                | CUSIP: 000000000<br>LEI: L47NHHI0Z9X22DV46U41 | Long             | EC               | CORP              | DE        |      1216 | NS      | $147838.44    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Restaurant Brands Internationa     | Restaurant Brands International Inc                          | CUSIP: 76131D103<br>LEI: 5299009RXTX9DN9AKJ98 | Long             | EC               | CORP              | CA        |       821 | NS      | $54949.53     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Acceptance Auto Loan Tr     | Credit Acceptance Auto Loan Trust 2021-2                     | CUSIP: 22537CAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2200000 | PA      | $2123918.32   | 0.54%             | 2030-02-15      | Fixed         | 0.96%                 | No            |                  2 | On Loan: No      |
| Packaging Corp of America          | Packaging Corp of America                                    | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |        57 | NS      | $8133.90      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc             | Motorola Solutions Inc                                       | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |        76 | NS      | $19532.76     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FS ENERGY & POWER FUND             | FS Energy and Power Fund                                     | CUSIP: 30264DAA7<br>LEI: 54930004XHN0QROEGZ58 | Long             | DBT              | CORP              | US        |    435000 | PA      | $434937.18    | 0.11%             | 2023-08-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31414TS51<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     25997 | PA      | $26818.06     | 0.01%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brandywine Realty Trust            | Brandywine Realty Trust                                      | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |      4472 | NS      | $29336.32     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc                   | MercadoLibre Inc                                             | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |       109 | NS      | $128804.21    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Liquide SA                     | Air Liquide SA                                               | CUSIP: 009126202<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |     33168 | NS      | $1054410.72   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                      | Citigroup Inc                                                | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |       641 | NS      | $33473.02     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                        | Freddie Mac REMICS                                           | CUSIP: 3137H5U88<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1996254 | PA      | $1779335.94   | 0.45%             | 2049-06-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Chubb Ltd                          | Chubb Ltd                                                    | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |       151 | NS      | $34350.99     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Mortgage Trust           | JP Morgan Mortgage Trust 2017-3                              | CUSIP: 46647SAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     34598 | PA      | $32204.01     | 0.01%             | 2047-08-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES              | Mexico Government International Bond                         | CUSIP: 91086QBG2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    400000 | PA      | $395594.75    | 0.10%             | 2026-01-21      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Danone SA                          | Danone SA                                                    | CUSIP: 000000000<br>LEI: 969500KMUQ2B6CBAF162 | Long             | EC               | CORP              | FR        |      1090 | NS      | $59774.82     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| CareTrust REIT Inc                 | CareTrust REIT Inc                                           | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |      3165 | NS      | $65578.80     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Pear LLC                           | PEAR 2022-1 LLC                                              | CUSIP: 70472XAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    957679 | PA      | $956034.08    | 0.24%             | 2034-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Getinge AB                         | Getinge AB                                                   | CUSIP: 000000000<br>LEI: 5493003PZ4F570G3W735 | Long             | EC               | CORP              | SE        |      6121 | NS      | $137891.34    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| LXP Industrial Trust               | LXP Industrial Trust                                         | CUSIP: 529043101<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               | CORP              | US        |      5270 | NS      | $60868.50     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3140FEX33<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    200768 | PA      | $196905.03    | 0.05%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oxford Finance Funding Trust       | Oxford Finance Funding Trust 2023-1                          | CUSIP: 69145CAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2500000.00   | 0.63%             | 2031-02-15      | Fixed         | 6.72%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                        | Walmart Inc                                                  | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |       574 | NS      | $82581.38     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co            | Bristol-Myers Squibb Co                                      | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |       611 | NS      | $44389.15     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sutherland Commercial Mortgage     | Sutherland Commercial Mortgage Trust 2019-SBC8               | CUSIP: 86935CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1723585 | PA      | $1590563.72   | 0.40%             | 2041-04-25      | Variable      | 2.86%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                              | CUSIP: 419792A22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2660000 | PA      | $2067714.69   | 0.52%             | 2038-10-01      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust             | Sequoia Mortgage Trust 2013-6                                | CUSIP: 81745BAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1282656 | PA      | $1156797.20   | 0.29%             | 2043-05-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                         | Pfizer Inc                                                   | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |       985 | NS      | $43497.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries NV       | LyondellBasell Industries NV                                 | CUSIP: 000000000<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | US        |       107 | NS      | $10345.83     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                             | CUSIP: 912828M56<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  28835000 | PA      | $27550941.41  | 6.96%             | 2025-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Credit Acceptance Auto Loan Tr     | Credit Acceptance Auto Loan Trust 2020-1                     | CUSIP: 22534GAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    418003 | PA      | $416682.95    | 0.11%             | 2029-04-16      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| Social Professional Loan Progr     | SoFi Professional Loan Program 2020-ATrust                   | CUSIP: 83406TAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    151948 | PA      | $141588.37    | 0.04%             | 2046-05-15      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                | JPMorgan Chase & Co                                          | CUSIP: 46647PBJ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4480000 | PA      | $4357381.55   | 1.10%             | 2031-03-24      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| L'Oreal SA                         | L'Oreal SA                                                   | CUSIP: 000000000<br>LEI: 529900JI1GG6F7RKVI53 | Long             | EC               | CORP              | FR        |        75 | NS      | $30968.37     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae REMICS                                            | CUSIP: 3136B02X3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1811066 | PA      | $1642053.00   | 0.41%             | 2048-03-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3138EGE26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    344406 | PA      | $366276.70    | 0.09%             | 2040-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418BDH6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    237772 | PA      | $239051.91    | 0.06%             | 2034-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities      | GS Mortgage-Backed Securities Trust 2022-PJ1                 | CUSIP: 36263NAH8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1955685 | PA      | $1724199.84   | 0.44%             | 2052-05-28      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| L3Harris Technologies Inc          | L3Harris Technologies Inc                                    | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      3552 | NS      | $763040.64    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31371N7J8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8570 | PA      | $9113.80      | 0.00%             | 2038-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ConocoPhillips                     | ConocoPhillips                                               | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |       304 | NS      | $37048.48     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TENCENT HOLDINGS LTD               | Tencent Holdings Ltd                                         | CUSIP: 88032WAN6<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |   7530000 | PA      | $7112654.04   | 1.80%             | 2029-04-11      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                | Fifth Third Bancorp                                          | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |       346 | NS      | $12556.34     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle SA                          | Nestle SA                                                    | CUSIP: 000000000<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |      1596 | NS      | $194726.46    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Regions Financial Corp             | Regions Financial Corp                                       | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |       543 | NS      | $12782.22     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| New Residential Mortgage Loan      | New Residential Mortgage Loan Trust 2015-2                   | CUSIP: 64829EAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    339173 | PA      | $318255.78    | 0.08%             | 2055-08-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Omnicom Group Inc                  | Omnicom Group Inc                                            | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |       128 | NS      | $11006.72     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                  | EOG Resources Inc                                            | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |       166 | NS      | $21953.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED AIR 2018-1 B PTT            | United Airlines 2018-1 Class B Pass Through Trust            | CUSIP: 90932NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     82259 | PA      | $77003.98     | 0.02%             | 2026-03-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Cisco Systems Inc                  | Cisco Systems Inc                                            | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |      1076 | NS      | $52368.92     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ubisoft Entertainment SA           | Ubisoft Entertainment SA                                     | CUSIP: 000000000<br>LEI: 969500I7C8V1LBIMSM05 | Long             | EC               | CORP              | FR        |      2315 | NS      | $47935.69     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                        | CUSIP: 3128P75F6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     40138 | PA      | $40324.35     | 0.01%             | 2033-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust          | Towd Point Mortgage Trust 2019-HY1                           | CUSIP: 89177EAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    578294 | PA      | $575850.87    | 0.15%             | 2048-10-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| SEASPAN CORP                       | Seaspan Corp                                                 | CUSIP: 000000000<br>LEI: 5493007Z8Q1H45KT7W98 | Long             | DBT              | CORP              | MH        |    500000 | PA      | $498849.95    | 0.13%             | 2024-02-05      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp              | Norfolk Southern Corp                                        | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |      3265 | NS      | $802569.65    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC Multifamily Structured P     | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137B3NB0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  35457050 | PA      | $5970.26      | 0.00%             | 2023-04-25      | Variable      | 0.14%                 | No            |                  2 | On Loan: No      |
| DREYFUS GOVERNMENT CASH MANAGEMENT | DREYFUS GOVERN CASH MGMT-I                                   | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |  10519984 | NS      | $10519983.77  | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN TANKER INC                | American Tanker Inc                                          | CUSIP: 000000000<br>LEI: 549300NF6T0U83EHY418 | Long             | DBT              | CORP              | US        |    520000 | PA      | $500203.78    | 0.13%             | 2025-07-02      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3138EHR87<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    369689 | PA      | $374946.57    | 0.09%             | 2041-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Broadridge Financial Solutions     | Broadridge Financial Solutions Inc                           | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |        64 | NS      | $9623.04      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CH Robinson Worldwide Inc          | CH Robinson Worldwide Inc                                    | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |        87 | NS      | $8714.79      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                    | McDonald's Corp                                              | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |       144 | NS      | $38505.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                       | Comcast Corp                                                 | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |      1088 | NS      | $42812.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                      | HDFC Bank Ltd                                                | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |      1179 | NS      | $79417.44     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHWEST AIRLINES CO              | Southwest Airlines Co                                        | CUSIP: 844741BK3<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | DBT              | CORP              | US        |   3310000 | PA      | $3340802.86   | 0.84%             | 2027-06-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust             | SLM Student Loan Trust 2005-7                                | CUSIP: 78442GQJ8<br>LEI: 549300H0EHPP0GTD9V95 | Long             | ABS-O            | CORP              | US        |     52166 | PA      | $51802.42     | 0.01%             | 2029-10-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Salesforce Inc                     | Salesforce Inc                                               | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      6418 | NS      | $1078031.46   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC           | Warnermedia Holdings Inc                                     | CUSIP: 55903VAJ2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   4730000 | PA      | $4331474.56   | 1.09%             | 2029-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Illinois Tool Works Inc            | Illinois Tool Works Inc                                      | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |       120 | NS      | $28324.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MEX BONOS DESARR FIX RT            | Mexican Bonos                                                | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    908000 | PA      | $45572.87     | 0.01%             | 2031-05-29      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Eastman Chemical Co                | Eastman Chemical Co                                          | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |        76 | NS      | $6700.92      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                | JPMorgan Chase & Co                                          | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |       627 | NS      | $87754.92     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                         | Copart Inc                                                   | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |     10622 | NS      | $707531.42    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA TOWER TRUST                    | SBA Tower Trust                                              | CUSIP: 78403DAZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2540000 | PA      | $2641913.69   | 0.67%             | 2028-01-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                     | Microsoft Corp                                               | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      5935 | NS      | $1470752.35   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Intermediate Capital Group PLC     | Intermediate Capital Group PLC                               | CUSIP: 000000000<br>LEI: 549300OGASR5WRKJ8R68 | Long             | EC               | CORP              | GB        |      6552 | NS      | $112743.06    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Mid-America Apartment Communit     | Mid-America Apartment Communities Inc                        | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |       726 | NS      | $121038.72    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                        | CUSIP: 3128M82W3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    116715 | PA      | $124258.35    | 0.03%             | 2040-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Nucor Corp                         | Nucor Corp                                                   | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |       105 | NS      | $17747.10     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities Inc          | AvalonBay Communities Inc                                    | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |       368 | NS      | $65297.92     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp               | Parker-Hannifin Corp                                         | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |        43 | NS      | $14018.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sequoia Mortgage Trust             | Sequoia Mortgage Trust 2013-8                                | CUSIP: 81745EAA7<br>LEI: 549300EU86QZR1NB5U93 | Long             | ABS-MBS          | CORP              | US        |    221609 | PA      | $200702.35    | 0.05%             | 2043-06-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| BAE Systems PLC                    | BAE Systems PLC                                              | CUSIP: 000000000<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |     13657 | NS      | $144573.72    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Johnson & Johnson                  | Johnson & Johnson                                            | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     13206 | NS      | $2158124.52   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                    | Caterpillar Inc                                              | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |       167 | NS      | $42132.43     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                        | CUSIP: 312941F69<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    463002 | PA      | $470121.45    | 0.12%             | 2040-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Devon Energy Corp                  | Devon Energy Corp                                            | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |       219 | NS      | $13849.56     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Adyen NV                           | Adyen NV                                                     | CUSIP: 000000000<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |        72 | NS      | $108857.32    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3138ETT89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    600416 | PA      | $629746.86    | 0.16%             | 2049-01-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Dow Inc                            | Dow Inc                                                      | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |       204 | NS      | $12107.40     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree Inc                    | Dollar Tree Inc                                              | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |      4746 | NS      | $712754.28    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae REMICS                                            | CUSIP: 3136BJMZ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1184413 | PA      | $1021299.89   | 0.26%             | 2050-10-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| PPG Industries Inc                 | PPG Industries Inc                                           | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |        83 | NS      | $10818.22     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                        | CUSIP: 3128M73P9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     19878 | PA      | $21162.59     | 0.01%             | 2040-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc                       | QUALCOMM Inc                                                 | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |       317 | NS      | $42227.57     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| IFF                                | International Flavors & Fragrances Inc                       | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |       113 | NS      | $12707.98     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                             | CUSIP: 912828U24<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  31315000 | PA      | $29350473.20  | 7.41%             | 2026-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Seagen Inc                         | Seagen Inc                                                   | CUSIP: 81181C104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4474 | NS      | $624033.52    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent              | American Homes 4 Rent                                        | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |      2220 | NS      | $76123.80     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Cellnex Telecom SA                 | Cellnex Telecom SA                                           | CUSIP: 15117X105<br>LEI: 5493008T4YG3AQUI7P67 | Long             | EC               | CORP              | ES        |      4265 | NS      | $83082.20     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc             | Intuitive Surgical Inc                                       | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      2771 | NS      | $680806.99    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Auto Trader Group PLC              | Auto Trader Group PLC                                        | CUSIP: 000000000<br>LEI: 213800QLK9BZILB1DI86 | Long             | EC               | CORP              | GB        |     22379 | NS      | $173627.14    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31416KAL2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     33881 | PA      | $34951.06     | 0.01%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC           | OBX 2022-INV1 Trust                                          | CUSIP: 67115NAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2313778 | PA      | $2000054.00   | 0.51%             | 2051-12-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Newmont Corp                       | Newmont Corp                                                 | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      7448 | NS      | $394222.64    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                        | Cummins Inc                                                  | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |        72 | NS      | $17966.88     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc                         | Zoetis Inc                                                   | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      2240 | NS      | $370697.60    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Getty Realty Corp                  | Getty Realty Corp                                            | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               | CORP              | US        |      3296 | NS      | $120073.28    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Auckland International Airport     | Auckland International Airport Ltd                           | CUSIP: 000000000<br>LEI: 549300HFZIZDJWB7AK60 | Long             | EC               | CORP              | NZ        |      7678 | NS      | $42256.19     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418DU59<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2564340 | PA      | $2301261.86   | 0.58%             | 2040-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Eaton Corp PLC                     | Eaton Corp PLC                                               | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | US        |       161 | NS      | $26115.81     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Finance Funding Trust       | Oxford Finance Funding 2019-1 LLC                            | CUSIP: 69145AAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    743999 | PA      | $738637.62    | 0.19%             | 2027-02-15      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| Community Healthcare Trust Inc     | Community Healthcare Trust Inc                               | CUSIP: 20369C106<br>LEI: 549300FATSRCMKOV9536 | Long             | EC               | CORP              | US        |      2769 | NS      | $118734.72    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PETROTAL CORP                      | PetroTal Corp                                                | CUSIP: 000000000<br>LEI: 21380047ER33PRH4XH56 | Long             | DBT              | CORP              | CA        |    400000 | PA      | $405608.07    | 0.10%             | 2024-02-16      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| IIP OPERATING PARTNER              | IIP Operating Partnership LP                                 | CUSIP: 44988FAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    460000 | PA      | $399694.45    | 0.10%             | 2026-05-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-17

**Name of Applicant:** Manning & Napier Fund, Inc.

**Signature:** Troy M. Statczar

**Name of Signer:** Troy M. Statczar

**Title:** Principal Financial Officer