# EDGAR Filing Document

**Accession Number:** 0002025968
**File Stem:** 0000940400-26-014646
**Filing Date:** 2026-4
**Character Count:** 124315
**Document Hash:** f98d6307f57b33d4c40c10dd0f2487d4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-014646.hdr.sgml**: 20260424

**ACCESSION NUMBER**: 0000940400-26-014646

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260227

**FILED AS OF DATE**: 20260424

**DATE AS OF CHANGE**: 20260424

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BNY Mellon ETF Trust II
- **CENTRAL INDEX KEY:** 0002025968

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23977
- **FILM NUMBER:** 26890932

**BUSINESS ADDRESS:**
- **STREET 1:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10286
- **BUSINESS PHONE:** 212-922-6400

**MAIL ADDRESS:**
- **STREET 1:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10286

## Series and Classes Contracts Data

### BNY Mellon Core Plus ETF (Series ID: S000095603)

| Class ID   | Class Name               | Ticker Symbol   |
|:---|:---|:---|
| C000264330 | BNY Mellon Core Plus ETF |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BNY Mellon ETF Trust II

- **b. Investment Company Act file number:** 811-23977

- **c. CIK number of Registrant:** 0002025968

- **d. LEI of Registrant:** 2549008HP0U9LCUPA319

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

  - **Street Address 1:** 240 Greenwich Street

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10286

  - **Telephone number:** 212-922-6400

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

- **a. Name of Series:** BNY Mellon Core Plus ETF

- **b. EDGAR series identifier (if any):** S000095603

- **c. LEI of Series:** 254900E2RYN25W8HNK65

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

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

- **b. Date as of which information is reported:** 2026-02-27

**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:** $379077906.49

**Total Liabilities:** $12976276.01

**Net Assets:** $366101630.48

**Delayed Delivery Securities:** $7061898.00

**Cash Not Reported:** $332088.70

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 31.74541000 | **1-Year:** 10982.57500000 | **5-Year:** 85531.44051000 | **10-Year:** 49087.31504000 | **30-Year:** 1988.83916000

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

- **3-Month:** 14.72714000 | **1-Year:** 2501.90771000 | **5-Year:** 7039.04836000 | **10-Year:** 2317.40780000 | **30-Year:** 167.80577000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000264330 | 0.05%                | 0.20%                | 1.63%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $-2609698.02             | $-1752237.17                               |
| Month 3  | $656645.72               | $4118498.12                                |

**Designated Index Information**

- **Index Name:** Bloomberg US Aggregate

- **Index Identifier:** LEH:LHMN0001

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CHICAGO BOARD OF TRADE                                                       | Ultra U.S. Treasury Bond Futures, Jun-2026,ETH         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        33 | NC      | $26917.22     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                             | FR RC3537                                              | CUSIP: 3133L94W0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3160057 | PA      | $3277463.88   | 0.90%             | 2040-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                                     | HCA 5.75 03/01/35                                      | CUSIP: 404119DB2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2117873.70   | 0.58%             | 2035-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CVR Energy Inc.                                                              | CVI 7.875 02/15/34 144A                                | CUSIP: 12662PAJ7<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |    934000 | PA      | $915846.85    | 0.25%             | 2034-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                               | MEX 6.125 02/09/38                                     | CUSIP: 91087BBR0<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1110000 | PA      | $1125096.00   | 0.31%             | 2038-02-09      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Avianca Midco 2 PLC                                                          | AVIAGP 9.5 01/28/31 144A                               | CUSIP: 05369YAD1<br>LEI: 213800AMPX5VKH9AMX10 | Long             | DBT              | CORP              | GB        |    679000 | PA      | $687487.50    | 0.19%             | 2031-01-28      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FN FA1089                                              | CUSIP: 3140W1F73<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5513163 | PA      | $4863578.83   | 1.33%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST 2013-2                                   | EART 2026-1A C                                         | CUSIP: 30168HAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    742000 | PA      | $747793.24    | 0.20%             | 2032-05-17      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                             | FR SD4013                                              | CUSIP: 3132E0N65<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3230864 | PA      | $3157288.69   | 0.86%             | 2053-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHURCHILL NCDLC CLO-II LLC                                                   | CHMML 2023-2A AR                                       | CUSIP: 17151LAN4<br>LEI: 254900966GVHITXUEY28 | Long             | ABS-CBDO         | CORP              | US        |   1500000 | PA      | $1501477.50   | 0.41%             | 2039-01-20      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| Boeing Co.                                                                   | BA 5.805 05/01/50                                      | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    759000 | PA      | $762554.57    | 0.21%             | 2050-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                     | G2 MB0552                                              | CUSIP: 3618N5TJ8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2222177 | PA      | $2087183.21   | 0.57%             | 2055-08-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| EFMT 2025-RTL1                                                               | EFMT 2025-RTL1 A1                                      | CUSIP: 26846FAA7<br>LEI: 254900NFBGFOBK1G2B84 | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1508380.20   | 0.41%             | 2040-11-25      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                                           | META 5.6 05/15/53                                      | CUSIP: 30303M8Q8<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    786000 | PA      | $765790.14    | 0.21%             | 2053-05-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| SM ENERGY COMPANY                                                            | SM 8.75 07/01/31 144A                                  | CUSIP: 17888HAB9<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    725000 | PA      | $761611.78    | 0.21%             | 2031-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| The Cigna Group                                                              | CI 5.25 01/15/36                                       | CUSIP: 125523CZ1<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |   1469000 | PA      | $1509363.23   | 0.41%             | 2036-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DETROIT MICH                                                                 | MI DET 04/01/2044                                      | CUSIP: 251093S84<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   4971590 | PA      | $4062989.17   | 1.11%             | 2044-04-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM TRUST 2026-1                                      | SCLP 2026-1 C                                          | CUSIP: 83408AAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    496000 | PA      | $501271.39    | 0.14%             | 2035-12-26      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST 2026-1                                | SDART 2026-1 A3                                        | CUSIP: 80288FAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    480000 | PA      | $481228.70    | 0.13%             | 2030-07-15      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD                                                                | AYR 5 09/15/30 144A                                    | CUSIP: 00929JAC0<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |   1000000 | PA      | $1022788.35   | 0.28%             | 2030-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AFFIRM MASTER TRUST                                                          | AFRMT 2026-1A B                                        | CUSIP: 00833BAV0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1080000 | PA      | $1085983.63   | 0.30%             | 2034-02-15      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                        | BAC V5.875 PERP FF                                     | CUSIP: 060505FL3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1844000 | PA      | $1883421.03   | 0.51%             | N/A             | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC                                                   | AER V6.5 01/31/56                                      | CUSIP: 00774MBQ7<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |    359000 | PA      | $372416.19    | 0.10%             | 2056-01-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Amur Equipment Finance Receivables VI LLC                                    | AXIS 2025-1A A2                                        | CUSIP: 03237FAB1<br>LEI: 254900UXD59DZRJ7U848 | Long             | ABS-O            | CORP              | US        |    295591 | PA      | $298964.01    | 0.08%             | 2031-09-22      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                                                       | TFC V5.711 01/24/35 MTN                                | CUSIP: 89788MAS1<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2122762.44   | 0.58%             | 2035-01-24      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| Taco Bell Funding Llc                                                        | BELL 2021-1A A23                                       | CUSIP: 87342RAJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    245625 | PA      | $220284.02    | 0.06%             | 2051-08-25      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| DOMINO'S PIZZA INC                                                           | DPABS 2021-1A A2II                                     | CUSIP: 25755TAP5<br>LEI: 25490005ZWM1IF9UXU57 | Long             | ABS-O            | CORP              | US        |    301475 | PA      | $282728.44    | 0.08%             | 2051-04-25      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| The Kroger Co.                                                               | KR 5 09/15/34                                          | CUSIP: 501044DV0<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |   1119000 | PA      | $1138158.48   | 0.31%             | 2034-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DAE Funding LLC                                                              | DUBAEE 4.95 01/15/33 144A                              | CUSIP: 23371DAM6<br>LEI: 635400SZTPQL3Y1P2C76 | Long             | DBT              | CORP              | US        |    769000 | PA      | $765005.10    | 0.21%             | 2033-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ALIGNED DATA CENTERS ISSUER LLC                                              | ADC 2023-2A A2                                         | CUSIP: 01627AAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    120000 | PA      | $121567.72    | 0.03%             | 2048-11-16      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Evergy Inc                                                                   | EVRG V6.65 06/01/55                                    | CUSIP: 30034WAE6<br>LEI: 549300PGTHDQY6PSUI61 | Long             | DBT              | CORP              | US        |    920000 | PA      | $951050.92    | 0.26%             | 2055-06-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| MCF CLO 11 LTD                                                               | MCFCL 2026-1A A1                                       | CUSIP: 579922AC9<br>LEI: 2549003B9E1FHXFQM826 | Long             | ABS-CBDO         | CORP              | US        |   1500000 | PA      | $1500817.50   | 0.41%             | 2038-04-20      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| Coterra Energy Inc                                                           | CTRA 5.9 02/15/55                                      | CUSIP: 127097AN3<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | DBT              | CORP              | US        |    970000 | PA      | $965675.29    | 0.26%             | 2055-02-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| PG&E Corporation                                                             | PCG V6.85 09/15/56                                     | CUSIP: 69331CAN8<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |    723000 | PA      | $722003.05    | 0.20%             | 2056-09-15      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| NISSAN AUTO LEASE TRUST 2026-A                                               | NALT 2026-A A3                                         | CUSIP: 65481HAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    738000 | PA      | $739651.35    | 0.20%             | 2029-03-15      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| Fiserv Inc.                                                                  | FISV 3.5 07/01/29                                      | CUSIP: 337738AU2<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    392000 | PA      | $380878.27    | 0.10%             | 2029-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                                                         | VZMT 2025-10 C                                         | CUSIP: 92348KFB4<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |    180000 | PA      | $183605.72    | 0.05%             | 2033-10-20      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                               | C V6.174 05/25/34                                      | CUSIP: 17327CAR4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1778000 | PA      | $1898628.80   | 0.52%             | 2034-05-25      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                                                 | AVGO 3.137 11/15/35 144A                               | CUSIP: 11135FBP5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    880000 | PA      | $769745.06    | 0.21%             | 2035-11-15      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| Bbcms Mortgage Trust 2017                                                    | BBCMS 2019-C5 A4                                       | CUSIP: 05492JAW2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    225000 | PA      | $216878.06    | 0.06%             | 2052-11-18      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                 | T 4.875 08/15/45                                       | CUSIP: 912810UN6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  21459000 | PA      | $22327418.91  | 6.10%             | 2045-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| The J M Smucker Company                                                      | SJM 4.25 03/15/35                                      | CUSIP: 832696AM0<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |    994000 | PA      | $954086.84    | 0.26%             | 2035-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Sasol Financing USA LLC                                                      | SASOL 5.5 03/18/31                                     | CUSIP: 80386WAD7<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |    625000 | PA      | $549097.50    | 0.15%             | 2031-03-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FN FS1376                                              | CUSIP: 3140XGQ69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3046210 | PA      | $2784230.55   | 0.76%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                  | VZ 4.272 01/15/36                                      | CUSIP: 92343VCV4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   2375000 | PA      | $2259434.00   | 0.62%             | 2036-01-15      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                            | EPD 5.35 01/31/33                                      | CUSIP: 29379VCD3<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    713000 | PA      | $753968.24    | 0.21%             | 2033-01-31      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                               | MS V5.948 01/19/38                                     | CUSIP: 61747YFB6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2639000 | PA      | $2782918.08   | 0.76%             | 2038-01-19      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| FORTRESS CREDIT OPPORTUNITIES XXXIII CLO LLC                                 | FCO 2026-33A A1T                                       | CUSIP: 34967LAE3<br>LEI: 254900EIAMUDSPJ37T25 | Long             | ABS-CBDO         | CORP              | US        |   1500000 | PA      | $1500742.50   | 0.41%             | 2038-04-20      | Floating      | 0.01%                 | No            |                  2 | On Loan: No      |
| ENEL Finance International N.V.                                              | ENELIM 5.5 06/26/34 144A                               | CUSIP: 29278GBE7<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    550000 | PA      | $574017.03    | 0.16%             | 2034-06-26      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Phillips 66 Co.                                                              | PSX V6.2 03/15/56 B                                    | CUSIP: 718547BA9<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    744000 | PA      | $754406.33    | 0.21%             | 2056-03-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FN FS8243                                              | CUSIP: 3140XQER4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1810298 | PA      | $1883548.52   | 0.51%             | 2054-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NAVOI MINING AND METALLURGICAL CO JSC                                        | NAVOIM 6.75 05/14/30 144A                              | CUSIP: 63890CAC8<br>LEI: 213800YLNAGERZ4C3M60 | Long             | DBT              | CORP              | UZ        |    250000 | PA      | $264141.82    | 0.07%             | 2030-05-14      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Saudi Arabia (Kingdom of)                                                    | KSA 5.875 01/12/56 144A                                | CUSIP: 80413TBS7<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    900000 | PA      | $905773.70    | 0.25%             | 2056-01-12      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC.                                                       | FABSJV 5.875 01/25/34                                  | CUSIP: 350930AA1<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    896000 | PA      | $936378.02    | 0.26%             | 2034-01-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Cheniere Corpus Christi Holdings, LLC                                        | CHCOCH 2.742 12/31/39 144A                             | CUSIP: 16412XAK1<br>LEI: 549300I7CIEWU1BBLQ53 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1740079.98   | 0.48%             | 2039-12-31      | Fixed         | 2.74%                 | No            |                  2 | On Loan: No      |
| JERSEY MIKE'S FUNDING LLC                                                    | JMIKE 2024-1A A2                                       | CUSIP: 476681AD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    544500 | PA      | $560757.79    | 0.15%             | 2055-02-15      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                                     | EDF 6.9 05/23/53 144A                                  | CUSIP: 28504DAD5<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    508000 | PA      | $569652.79    | 0.16%             | 2053-05-23      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| Las Vegas Sands Corp                                                         | LVS 5.625 06/15/28                                     | CUSIP: 517834AM9<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |   1480000 | PA      | $1516530.51   | 0.41%             | 2028-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                         | JPM V5.336 01/23/35                                    | CUSIP: 46647PEC6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3649056.85   | 1.00%             | 2035-01-23      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| NMEF FUNDING 2026-A LLC                                                      | NMEF 2026-A A3                                         | CUSIP: 62919FAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    146000 | PA      | $146673.48    | 0.04%             | 2034-02-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                             | FR SL1438                                              | CUSIP: 31427NS42<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3011943 | PA      | $3089981.10   | 0.84%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                             | FR QD2067                                              | CUSIP: 3133AYJL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7733312 | PA      | $6512752.93   | 1.78%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                        | BAC V5.518 10/25/35                                    | CUSIP: 06051GMD8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    918000 | PA      | $942391.39    | 0.26%             | 2035-10-25      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                 | T 4.75 08/15/55                                        | CUSIP: 912810UM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10294000 | PA      | $10485404.06  | 2.86%             | 2055-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HF Sinclair Corp.                                                            | DINO 5.5 09/01/32                                      | CUSIP: 403949AT7<br>LEI: 2549009G116AM01XHN24 | Long             | DBT              | CORP              | US        |    366000 | PA      | $374387.30    | 0.10%             | 2032-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Vedanta Resources Finance II PLC                                             | VEDLN 9.125 10/15/32 144A                              | CUSIP: 92243XAN1<br>LEI: 8945002DGA3BBXO3N634 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $310999.24    | 0.08%             | 2032-10-15      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                                | F 5.8 03/08/29                                         | CUSIP: 345397E58<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    675000 | PA      | $695472.37    | 0.19%             | 2029-03-08      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Ameren Corp.                                                                 | AEE 1.75 03/15/28                                      | CUSIP: 023608AK8<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |    796000 | PA      | $761355.27    | 0.21%             | 2028-03-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| First Quantum Minerals Ltd.                                                  | FMCN 6.375 02/15/36 144A                               | CUSIP: 335934AY1<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $200800.56    | 0.05%             | 2036-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Voya Financial Inc                                                           | VOYA 5.05 03/02/36                                     | CUSIP: 929089AK6<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |   1097000 | PA      | $1085164.82   | 0.30%             | 2036-03-02      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Sierra Pacific Power Company                                                 | BRKHEC V6.2 12/15/55                                   | CUSIP: 826418BR5<br>LEI: QB888G5GSVGE1LD1WV84 | Long             | DBT              | CORP              | US        |    572000 | PA      | $569182.50    | 0.16%             | 2055-12-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| HPEFS EQUIP TR 2024-2                                                        | HPEFS 2024-2A D                                        | CUSIP: 40444MAL5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    240000 | PA      | $245016.24    | 0.07%             | 2032-04-20      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                                     | AESOP 2023-1A A                                        | CUSIP: 05377RGC2<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1024925.30   | 0.28%             | 2029-04-20      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                                                        | AMH 4.9 02/15/29                                       | CUSIP: 02666TAB3<br>LEI: 549300ZJUO7A58PNUW40 | Long             | DBT              | CORP              | US        |    737000 | PA      | $751342.28    | 0.21%             | 2029-02-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                             | FR SC0809                                              | CUSIP: 3132D93S1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    397589 | PA      | $410189.31    | 0.11%             | 2045-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Brazil (Federative Republic)                                                 | BRAZIL 6.25 05/22/36                                   | CUSIP: 105756CQ1<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    698000 | PA      | $704072.60    | 0.19%             | 2036-05-22      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                                     | HCA 4.9 11/15/35                                       | CUSIP: 404119DF3<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    764000 | PA      | $761108.38    | 0.21%             | 2035-11-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                                                         | VZMT 2025-7 C                                          | CUSIP: 92348KER0<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |    105000 | PA      | $105622.24    | 0.03%             | 2031-08-20      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| MetLife Inc.                                                                 | MET V5.875 PERP D                                      | CUSIP: 59156RBT4<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2048204.00   | 0.56%             | N/A             | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Howard Midstream Energy Partners Llc                                         | HOWARD 7.375 07/15/32 144A                             | CUSIP: 442722AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    697000 | PA      | $736032.00    | 0.20%             | 2032-07-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CROSS 2024-H3 MORTGAGE TRUST                                                 | CROSS 2024-H3 A2                                       | CUSIP: 22758DAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    271464 | PA      | $275018.29    | 0.08%             | 2069-06-25      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| GLOBAL PARTNERS LP                                                           | GLP 8.25 01/15/32 144A                                 | CUSIP: 37954FAK0<br>LEI: 549300PCHWTW9P4DU444 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2117630.00   | 0.58%             | 2032-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust 2022- P2                                      | CRVNA 2022-P3 B                                        | CUSIP: 14686MAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $252532.35    | 0.07%             | 2028-10-10      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| Asbury Automotive Group, Inc.                                                | ABG 5 02/15/32 144A                                    | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    774000 | PA      | $753176.13    | 0.21%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FN FM3458                                              | CUSIP: 3140X6ZY0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6143245 | PA      | $5656900.47   | 1.55%             | 2050-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GE Healthcare Technologies Inc.                                              | GEHC 4.8 08/14/29                                      | CUSIP: 36266GAA5<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    915000 | PA      | $938535.58    | 0.26%             | 2029-08-14      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Blue Owl Capital Corp.                                                       | OBDC 2.625 01/15/27                                    | CUSIP: 69121KAF1<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |   1536000 | PA      | $1497754.06   | 0.41%             | 2027-01-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                        | FR RA7747                                              | CUSIP: 3133KPTC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4961239 | PA      | $4324111.41   | 1.18%             | 2052-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ecuador (Republic Of)                                                        | ECUA 9.25 01/29/39 144A                                | CUSIP: 27927WAR3<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |    200000 | PA      | $203000.00    | 0.06%             | 2039-01-29      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2025-5                                            | VERUS 2025-5 A1                                        | CUSIP: 92540XAA9<br>LEI: 213800Z7TIVJRAYLRV98 | Long             | ABS-O            | CORP              | US        |    884066 | PA      | $893493.87    | 0.24%             | 2070-06-25      | Variable      | 5.43%                 | No            |                  2 | On Loan: No      |
| Arizona Public Service Company                                               | PNW 4.25 03/01/49                                      | CUSIP: 040555CY8<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    695000 | PA      | $568584.80    | 0.16%             | 2049-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Azule Energy Finance PLC                                                     | AZURGY 8.625 01/22/33 144A                             | CUSIP: 05501YAC2<br>LEI: 2138006X6O82RJSQDB63 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $251701.42    | 0.07%             | 2033-01-22      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                                             | PARA 5.85 09/01/43                                     | CUSIP: 92553PAU6<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |   1149000 | PA      | $851745.08    | 0.23%             | 2043-09-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2026-CSMO                                       | BX 2026-CSMO A                                         | CUSIP: 12433LAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    450000 | PA      | $450694.44    | 0.12%             | 2042-02-15      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                                        | TRGP 6.125 03/15/33                                    | CUSIP: 87612GAC5<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    350000 | PA      | $378821.34    | 0.10%             | 2033-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Micron Technology Inc.                                                       | MU 5.8 01/15/35                                        | CUSIP: 595112CE1<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    877000 | PA      | $939507.08    | 0.26%             | 2035-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Brazil (Federative Republic)                                                 | BRAZIL 7.25 01/12/56                                   | CUSIP: 105756CN8<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   1100000 | PA      | $1120625.00   | 0.31%             | 2056-01-12      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Volvo Financial Equipment LLC Series 2024-1                                  | VFET 2024-1A A4                                        | CUSIP: 92887QAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     45000 | PA      | $45453.62     | 0.01%             | 2031-07-15      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                                         | RY V6.75 08/24/85                                      | CUSIP: 780082AV5<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    349000 | PA      | $362339.83    | 0.10%             | 2085-08-24      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Autozone, Inc.                                                               | AZO 4.75 02/01/33                                      | CUSIP: 053332BD3<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |    372000 | PA      | $376601.54    | 0.10%             | 2033-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Cousins Properties LP                                                        | CUZ 5.375 02/15/32                                     | CUSIP: 222793AB7<br>LEI: 254900ZQIHJ5FQH4C329 | Long             | DBT              | CORP              | US        |   1084000 | PA      | $1119489.78   | 0.31%             | 2032-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2026-5C40                                               | BBCMS 2026-5C40 A3                                     | CUSIP: 05557AAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1160000 | PA      | $1213917.03   | 0.33%             | 2059-02-18      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Olin Corporation                                                             | OLN 6.625 04/01/33 144A                                | CUSIP: 680665AN6<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |    376000 | PA      | $367623.25    | 0.10%             | 2033-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Phillips Edison Grocery Center Operating Partnership I L P                   | PECO 2.625 11/15/31                                    | CUSIP: 71845JAA6<br>LEI: 549300WUPIVS6ZE0ZI51 | Long             | DBT              | CORP              | US        |   2115000 | PA      | $1922120.10   | 0.53%             | 2031-11-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                                     | AESOP 2025-3A B                                        | CUSIP: 05377RKX1<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    625000 | PA      | $628698.63    | 0.17%             | 2030-02-20      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| FEDEX FREIGHT HOLDING COMPANY INC                                            | FDX 5.25 03/15/36 144A                                 | CUSIP: 314352AG0<br>LEI: 984500Y1DA5A58ICE336 | Long             | DBT              | CORP              | US        |    182000 | PA      | $181507.11    | 0.05%             | 2036-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Africa (Republic of)                                                   | SOAF 7.25 12/11/55 144A                                | CUSIP: 836205BJ2<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    200000 | PA      | $200298.50    | 0.05%             | 2055-12-11      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Buenos Aires (City Of)                                                       | BUEAIR 7.8 11/26/33 144A                               | CUSIP: 11943HAD1<br>LEI: 5299007MC8RF52X0ON96 | Long             | DBT              | NUSS              | AR        |    275000 | PA      | $282202.25    | 0.08%             | 2033-11-26      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| GBX LEASING LLC 2022-1                                                       | GBXL 2026-1A A                                         | CUSIP: 361528AE2<br>LEI: 5493001GAGGFR30BP390 | Long             | ABS-O            | CORP              | US        |    193000 | PA      | $197090.13    | 0.05%             | 2056-02-20      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| FHLMC Super 30Y Fixed                                                        | FR SL2458                                              | CUSIP: 31427PWU4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1936702 | PA      | $2007771.25   | 0.55%             | 2055-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Smurfit Westrock Financing Designated Activity Co.                           | SW 5.418 01/15/35                                      | CUSIP: 83272YAB8<br>LEI: 6354005S6ZLHLVX7VT12 | Long             | DBT              | CORP              | IE        |    360000 | PA      | $374250.66    | 0.10%             | 2035-01-15      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                       | Ultra 10-Year U.S. Treasury Note Futures, Jun-2026,ETH | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -126 | NC      | $-145321.30   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Retained Vantage Data Centers Issuer LLC / Vantage Data Centers Cda Qc4 Ltd. | VDCR 2024-1A A2                                        | CUSIP: 76134KAH7<br>LEI: 254900N4NW6XZ9B4HM15 | Long             | ABS-O            | CORP              | US        |   1200000 | PA      | $1203511.92   | 0.33%             | 2049-09-15      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| Lithia Motors Incorporated                                                   | LAD 5.5 10/01/30 144A                                  | CUSIP: 536797AJ2<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |   1109000 | PA      | $1116690.92   | 0.31%             | 2030-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GABON, GOVERNMENT OF                                                         | GABON 7 11/24/31 144A                                  | CUSIP: 362420AE1<br>LEI: 213800XA7X746GRPXA35 | Long             | DBT              | NUSS              | GA        |    325000 | PA      | $266977.46    | 0.07%             | 2031-11-24      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| B.A.T. Capital Corporation                                                   | BATSLN 7.081 08/02/53                                  | CUSIP: 054989AD0<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    490000 | PA      | $562116.56    | 0.15%             | 2053-08-02      | Fixed         | 7.08%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2026-2                                            | VERUS 2026-2 A3                                        | CUSIP: 92490GAM0<br>LEI: 213800OKSLL73WD2H386 | Long             | ABS-O            | CORP              | US        |    734127 | PA      | $733760.74    | 0.20%             | 2071-02-25      | Variable      | 5.05%                 | No            |                  2 | On Loan: No      |
| RIN XIII LTD                                                                 | RIN 2026-1A D                                          | CUSIP: 74990KAL6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $1001847.00   | 0.27%             | 2039-04-15      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| BRIDGECREST LENDING AUTO SECURITIZATION TRUST 2026-1                         | BLAST 2026-1 C                                         | CUSIP: 107927AE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    496000 | PA      | $499559.89    | 0.14%             | 2031-11-15      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| Bravo Residential Funding Trust 2025-NQM8                                    | BRAVO 2025-NQM8 A1                                     | CUSIP: 10571JAA4<br>LEI: 254900Z6C8GAQR4M4U49 | Long             | ABS-O            | CORP              | US        |   1300166 | PA      | $1307446.58   | 0.36%             | 2065-06-25      | Variable      | 5.08%                 | No            |                  2 | On Loan: No      |
| GOLDEN ST TOB SECURITIZATION CORP CALIF                                      | CA GLDGEN 3.49 06/01/2036                              | CUSIP: 38122ND41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3500452.40   | 0.96%             | 2036-06-01      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| Corebridge Financial Inc.                                                    | CRBG V6.375 09/15/54                                   | CUSIP: 21871XAT6<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    553000 | PA      | $553416.41    | 0.15%             | 2054-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Ipalco Enterprises Inc.                                                      | AES 5.75 04/01/34                                      | CUSIP: 462613AR1<br>LEI: 5493000YFVK2DZX0JV43 | Long             | DBT              | CORP              | US        |   1102000 | PA      | $1138845.93   | 0.31%             | 2034-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                               | MEX 5.375 03/22/33                                     | CUSIP: 91087BBK5<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    450000 | PA      | $451147.50    | 0.12%             | 2033-03-22      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Corporacion Nacional del Cobre de Chile                                      | CDEL 5.529 01/30/37 144A                               | CUSIP: 21987BBQ0<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |    920000 | PA      | $943230.00    | 0.26%             | 2037-01-30      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| Perusahaan Listrik Negara PT                                                 | PLNIJ 5.45 02/03/36 144A                               | CUSIP: 71568PAX7<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |    200000 | PA      | $200351.95    | 0.05%             | 2036-02-03      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Regional Management Issuance Trust                                           | RMIT 2024-1 B                                          | CUSIP: 758983AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    325000 | PA      | $333539.90    | 0.09%             | 2036-07-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                 | T 4.625 11/15/55                                       | CUSIP: 912810UP1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3700000 | PA      | $3694507.79   | 1.01%             | 2055-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Vornado Realty Lp                                                            | VNO 5.75 02/01/33                                      | CUSIP: 929043AN7<br>LEI: 549300BMOJ05INE4YK86 | Long             | DBT              | CORP              | US        |    756000 | PA      | $767338.84    | 0.21%             | 2033-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Energean Israel Finance Ltd.                                                 | ENOIGA 5.875 03/30/31                                  | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |    350000 | PA      | $337143.91    | 0.09%             | 2031-03-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                                | F 7.122 11/07/33                                       | CUSIP: 345397D67<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1160000 | PA      | $1268088.52   | 0.35%             | 2033-11-07      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Nigeria (Federal Republic of)                                                | NGERIA 8.6308 01/13/36 144A                            | CUSIP: 65412AFF4<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    550000 | PA      | $592084.32    | 0.16%             | 2036-01-13      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                             | FR RA6505                                              | CUSIP: 3133KNGN7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   8045317 | PA      | $6751971.64   | 1.84%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                                        | ROMANI 6 09/24/44 144A                                 | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    548000 | PA      | $648467.61    | 0.18%             | 2044-09-24      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Ukraine (Republic of)                                                        | UKRAIN 4 02/01/32 144A                                 | CUSIP: 903724CH3<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    375000 | PA      | $293801.33    | 0.08%             | 2032-02-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                 | T 3.375 11/30/27                                       | CUSIP: 91282CPL9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7817000 | PA      | $7812725.04   | 2.13%             | 2027-11-30      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Ventas Realty Limited Partnership                                            | VTR 5.1 07/15/32                                       | CUSIP: 92277GBB2<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |    719000 | PA      | $743537.11    | 0.20%             | 2032-07-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FN FS5423                                              | CUSIP: 3140XMAZ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2407192 | PA      | $2398818.20   | 0.66%             | 2053-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Marathon Petroleum Corp.                                                     | MPC 5.7 03/01/35                                       | CUSIP: 56585ABL5<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |   1266000 | PA      | $1333968.13   | 0.36%             | 2035-03-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| CMS Energy Corporation                                                       | CMS V3.75 12/01/50                                     | CUSIP: 125896BV1<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    790000 | PA      | $739614.51    | 0.20%             | 2050-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Air Canada Pass Through Trust Series 2015-1                                  | ACACN 3.6 03/15/27 144A                                | CUSIP: 009090AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | CA        |   1578006 | PA      | $1563511.45   | 0.43%             | 2027-03-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA DEV FIN AUTH                                                        | OK OKSMED 5.45 08/15/2028                              | CUSIP: 67884XCP0<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3744843.75   | 1.02%             | 2028-08-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co LLC                                                     | VST 5.35 01/31/36 144A                                 | CUSIP: 92840VAZ5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    840000 | PA      | $846231.12    | 0.23%             | 2036-01-31      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                 | T 3.625 08/31/30                                       | CUSIP: 91282CNX5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  22750000 | PA      | $22869970.76  | 6.25%             | 2030-08-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Herc Holdings Inc                                                            | HRI 5.75 03/15/31 144A                                 | CUSIP: 42704LAH7<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    747000 | PA      | $757652.97    | 0.21%             | 2031-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs BDC, Inc.                                                      | GSBD 5.1 01/28/29                                      | CUSIP: 38147UAG2<br>LEI: 6D01AGSGBNZIJSN77043 | Long             | DBT              | CORP              | US        |    435000 | PA      | $429316.49    | 0.12%             | 2029-01-28      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Entergy Corporation                                                          | ETR V6.1 06/15/56                                      | CUSIP: 29364GAS2<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   1127000 | PA      | $1136736.15   | 0.31%             | 2056-06-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Commercial Metals Company                                                    | CMC 5.75 11/15/33 144A                                 | CUSIP: 201723AS2<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |    740000 | PA      | $755458.60    | 0.21%             | 2033-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DLLMT 2026-1 LLC                                                             | DLLMT 2026-1A A3                                       | CUSIP: 23347JAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    310000 | PA      | $312452.10    | 0.09%             | 2029-12-20      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Panama (Republic of)                                                         | PANAMA 5.662 02/23/38                                  | CUSIP: 698299CC6<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    200000 | PA      | $201250.00    | 0.05%             | 2038-02-23      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| Highbridge Loan Management 7-2015 Ltd.                                       | HLM 2026-27A A1                                        | CUSIP: 403970AA4<br>LEI: 254900IU43NDZ7HEB142 | Long             | DBT              | CORP              | KY        |   1300000 | PA      | $1300643.50   | 0.36%             | 2039-04-15      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Issuer Trust 2025-1                                     | GCAR 2025-1A B                                         | CUSIP: 36271KAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    795000 | PA      | $803473.03    | 0.22%             | 2029-07-16      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                           | TMUS 3 02/15/41                                        | CUSIP: 87264ABL8<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   1275000 | PA      | $970941.93    | 0.27%             | 2041-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FORD CREDIT AUTO OWNER TRUST 2025-REV2                                       | FORDR 2025-2 B                                         | CUSIP: 34536BAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    575000 | PA      | $589747.20    | 0.16%             | 2038-02-15      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| Southern Co.                                                                 | SO V6.375 03/15/55 2025                                | CUSIP: 842587EB9<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |   1072000 | PA      | $1121938.05   | 0.31%             | 2055-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                           | ET V6.75 02/15/56                                      | CUSIP: 29273VBH2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    718000 | PA      | $734234.70    | 0.20%             | 2056-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NXP BV                                                                       | NXPI 5 01/15/33                                        | CUSIP: 62954HBB3<br>LEI: 724500RKKW4NOJ9YQF60 | Long             | DBT              | CORP              | NL        |    914000 | PA      | $933985.15    | 0.26%             | 2033-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Apidos Clo LV / Apidos Clo LV LLC                                            | APID 2025-55A A1                                       | CUSIP: 03771VAA0<br>LEI: 254900Z4DQDC7AU0J989 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1504768.50   | 0.41%             | 2039-01-20      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| Snap Inc                                                                     | SNAP 6.875 03/01/33 144A                               | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |    350000 | PA      | $348823.86    | 0.10%             | 2033-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PT Pertamina Hulu Energi                                                     | PERHUL 5.25 05/21/30 144A                              | CUSIP: 74448WAA2<br>LEI: 2549003IT1KDHL64C037 | Long             | DBT              | CORP              | ID        |    800000 | PA      | $816474.58    | 0.22%             | 2030-05-21      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                          | NEE V6.5 08/15/55 .                                    | CUSIP: 65339KDF4<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    880000 | PA      | $933337.68    | 0.25%             | 2055-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FORD CR AUT OWNER TR 2020-REV2                                               | FORDR 2022-1 C                                         | CUSIP: 34528EAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $251174.80    | 0.07%             | 2034-11-15      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy Partners Lp                                                  | CQP 4.5 10/01/29                                       | CUSIP: 16411QAG6<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    749000 | PA      | $753626.09    | 0.21%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VB-S1 ISSUER LLC                                                             | VBTEL 2026-1A C2                                       | CUSIP: 91825HAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    355000 | PA      | $357416.84    | 0.10%             | 2056-03-15      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| DLLMT 2026-1 LLC                                                             | DLLMT 2026-1A A2                                       | CUSIP: 23347JAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    875000 | PA      | $876623.30    | 0.24%             | 2028-07-20      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| Centerpoint Energy Inc                                                       | CNP V6.7 05/15/55                                      | CUSIP: 15189TBP1<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |    915000 | PA      | $948935.52    | 0.26%             | 2055-05-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Petroleos del Peru - Petroperu SA                                            | PETRPE 4.75 06/19/32 144A                              | CUSIP: 716564AA7<br>LEI: 549300ZMGDLC9JT2OR80 | Long             | DBT              | CORP              | PE        |    900000 | PA      | $659052.00    | 0.18%             | 2032-06-19      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust 2023-P3                                       | CRVNA 2023-P2 C                                        | CUSIP: 14686TAF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    188000 | PA      | $194619.93    | 0.05%             | 2029-07-10      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH                                                        | NY NYSHGR 4.95 08/01/2048                              | CUSIP: 64990GGK2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2345250.25   | 0.64%             | 2048-08-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Blue Owl Technology Finance Corp.                                            | OTF 6.125 01/23/31                                     | CUSIP: 095924AC0<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |    395000 | PA      | $377496.28    | 0.10%             | 2031-01-23      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co, Inc.                                             | AEP V6.95 12/15/54                                     | CUSIP: 025537BA8<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   1058000 | PA      | $1143802.74   | 0.31%             | 2054-12-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Harbour Energy PLC                                                           | HBRLN 6.327 04/01/35 144A                              | CUSIP: 411618AD3<br>LEI: 213800YPC42DYBKVPF97 | Long             | DBT              | CORP              | GB        |    927000 | PA      | $966000.68    | 0.26%             | 2035-04-01      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| Macquarie Airfinance Holdings Ltd                                            | MCAIRH 5.2 03/27/28 144A                               | CUSIP: 55609NAF5<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |    739000 | PA      | $751585.75    | 0.21%             | 2028-03-27      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2026-NQM2                                | NRZT 2026-NQM2 A1                                      | CUSIP: 64832MAE1<br>LEI: 213800CZKHCTHKMD9W65 | Long             | ABS-O            | CORP              | US        |    580746 | PA      | $583743.70    | 0.16%             | 2065-12-28      | Variable      | 4.74%                 | No            |                  2 | On Loan: No      |
| Ashtead Capital Inc.                                                         | AHTLN 5.95 10/15/33 144A                               | CUSIP: 045054AR4<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    532000 | PA      | $567912.58    | 0.16%             | 2033-10-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Goodyear Tire & Rubber Co. The                                               | GT 5 07/15/29                                          | CUSIP: 382550BN0<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    757000 | PA      | $742587.02    | 0.20%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                                  | COF V6.183 01/30/36                                    | CUSIP: 14040HDJ1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    535000 | PA      | $556552.46    | 0.15%             | 2036-01-30      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia                                                          | BNS V0 PERP                                            | CUSIP: 064159KJ4<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   1904000 | PA      | $1903310.28   | 0.52%             | N/A             | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                                                         | VZMT 2025-9 C                                          | CUSIP: 92348KEY5<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |    325000 | PA      | $326426.07    | 0.09%             | 2030-10-21      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| Israel (State Of)                                                            | ISRAEL 5.875 01/13/56 30Y                              | CUSIP: 46515CKR4<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    750000 | PA      | $747497.88    | 0.20%             | 2056-01-13      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Argentina (Republic Of)                                                      | ARGENT 3.5 07/09/41                                    | CUSIP: 040114HV5<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    525000 | PA      | $368812.50    | 0.10%             | 2041-07-09      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Blue Owl Credit Income Corp.                                                 | OCINCC 6.6 09/15/29                                    | CUSIP: 09581CAB7<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2019645.92   | 0.55%             | 2029-09-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                     | T 3.5 09/15/53                                         | CUSIP: 00206RKJ0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1393000 | PA      | $951207.22    | 0.26%             | 2053-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Phantom 2026-1 Aviation Ltd. / Phantom 2026-1 Aviation LLC                   | PHNTOM 2026-1A A                                       | CUSIP: 71711GAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    353000 | PA      | $360097.70    | 0.10%             | 2051-01-15      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| American Airlines Pass Through Trust 2015-1A                                 | AAL 3.375 05/01/27                                     | CUSIP: 023770AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2560064 | PA      | $2532873.34   | 0.69%             | 2027-05-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Sirius Xm Radio Inc                                                          | SIRI 5.875 04/15/32 144A                               | CUSIP: 82966BAA3<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    454000 | PA      | $453206.65    | 0.12%             | 2032-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty L.P.                                                           | KRC 5.875 10/15/35                                     | CUSIP: 49427RAT9<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |    722000 | PA      | $712047.61    | 0.19%             | 2035-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GFL Environmental Holdings (US) Inc.                                         | GFLCN 5.5 02/01/34 144A                                | CUSIP: 36273TAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    202000 | PA      | $202979.09    | 0.06%             | 2034-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ecopetrol S.A.                                                               | ECOPET 7.75 02/01/32                                   | CUSIP: 279158AW9<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    720000 | PA      | $735283.15    | 0.20%             | 2032-02-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| STORE CAPITAL LLC                                                            | STOR 4.625 03/15/29                                    | CUSIP: 862121AB6<br>LEI: 254900Z9PIEFQ6AYXK50 | Long             | DBT              | CORP              | US        |    376000 | PA      | $377974.68    | 0.10%             | 2029-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| NGPL Pipe Co LLC                                                             | NGPLCO 7.768 12/15/37 144A                             | CUSIP: 62912XAC8<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |    977000 | PA      | $1170221.64   | 0.32%             | 2037-12-15      | Fixed         | 7.77%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                          | NEE V6.7 09/01/54                                      | CUSIP: 65339KCW8<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1116883.08   | 0.31%             | 2054-09-01      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| FOUNDATION FINANCE TR 2021-1                                                 | FFIN 2021-1A C                                         | CUSIP: 35041LAC4<br>LEI: 549300MQ65NOVQXYNB21 | Long             | ABS-O            | CORP              | US        |    191321 | PA      | $185921.36    | 0.05%             | 2041-05-15      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                                              | DANBNK V5.705 03/01/30 144A                            | CUSIP: 23636ABH3<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |    898000 | PA      | $937376.78    | 0.26%             | 2030-03-01      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FN BR9747                                              | CUSIP: 3140L8ZM5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5291434 | PA      | $4421191.54   | 1.21%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Royalty Pharma PLC                                                           | RPRX 2.2 09/02/30                                      | CUSIP: 78081BAK9<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |   3000000 | PA      | $2757346.65   | 0.75%             | 2030-09-02      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| ELDRIDGE MMPC CLO 2026-1 LTD                                                 | ELDMM 2026-1A A1R                                      | CUSIP: 284919AA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1250895.00   | 0.34%             | 2037-01-15      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| FHLMC Super 30Y Fixed                                                        | FR SL1860                                              | CUSIP: 31427PB60<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5819062 | PA      | $5934601.45   | 1.62%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                 | T 5 05/15/45                                           | CUSIP: 912810UL0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4479000 | PA      | $4736017.61   | 1.29%             | 2045-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial F And B Investments III Inc.                                      | THS 7.75 02/11/33 144A                                 | CUSIP: 456142AA6<br>LEI: 5493007M7EVHE470Q576 | Long             | DBT              | CORP              | US        |    708000 | PA      | $727203.95    | 0.20%             | 2033-02-11      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                             | FR SD4661                                              | CUSIP: 3132DSFA5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5286080 | PA      | $4659714.26   | 1.27%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| COLT 2025-8 MORTGAGE LOAN TRUST                                              | COLT 2025-8 A1                                         | CUSIP: 19689DAA7<br>LEI: 2138009IZ4NQZAKAEN75 | Long             | ABS-O            | CORP              | US        |   1165736 | PA      | $1179217.69   | 0.32%             | 2070-08-25      | Variable      | 5.48%                 | No            |                  2 | On Loan: No      |
| Eagle Funding Luxco S.a.r.l.                                                 | MEXPCP 5.5 08/17/30 144A                               | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | CORP              | LU        |    800000 | PA      | $814912.00    | 0.22%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                                           | CM V6.5 07/28/86                                       | CUSIP: 13607QUM2<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    568000 | PA      | $569832.02    | 0.16%             | 2086-07-28      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                       | 10-Year T-Note Futures, Jun-2026,ETH                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -63 | NC      | $-46532.61    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| AGL CLO 45 LTD                                                               | AGL 2025-45A A                                         | CUSIP: 00122PAA5<br>LEI: 254900MVCHR9RPZJKC22 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000256.00   | 0.27%             | 2039-01-20      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FN FS9885                                              | CUSIP: 3140XR6X8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3657206 | PA      | $3725399.14   | 1.02%             | 2053-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                             | FR SD4956                                              | CUSIP: 3132DSQH8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2321042 | PA      | $2221493.36   | 0.61%             | 2048-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Company                                             | PCG 5.05 10/15/32                                      | CUSIP: 694308KY2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    747000 | PA      | $761737.04    | 0.21%             | 2032-10-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| American Homes 4 Rent L P                                                    | AMH 5.25 03/15/35                                      | CUSIP: 02666TAJ6<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              | CORP              | US        |    556000 | PA      | $561167.33    | 0.15%             | 2035-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc.                                                           | IRM 6.25 01/15/33 144A                                 | CUSIP: 46284VAQ4<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    355000 | PA      | $362977.92    | 0.10%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                                                           | DOMREP 5.75 03/17/34 144A                              | CUSIP: 25714PFG8<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    750000 | PA      | $750562.50    | 0.21%             | 2034-03-17      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| United Airlines Pass Through Trust Series 2016-2                             | UAL 3.1 10/07/28 A                                     | CUSIP: 90932DAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1722331 | PA      | $1663870.21   | 0.45%             | 2028-10-07      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Wendys Funding Llc                                                           | WEN 2025-1A A2I                                        | CUSIP: 95058XAR9<br>LEI: 5493009DRVSTWJOXUL48 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1022849.00   | 0.28%             | 2055-12-15      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2025-11                                           | VERUS 2025-11 A1                                       | CUSIP: 924935AC3<br>LEI: 213800H1O4C5SRNN4B66 | Long             | ABS-O            | CORP              | US        |   1221075 | PA      | $1226560.45   | 0.34%             | 2070-11-25      | Variable      | 4.91%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                       | 2-Year T-Note Futures, Jun-2026,ETH                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       170 | NC      | $52111.39     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                           | VEGLPL 6.125 12/15/30 144A                             | CUSIP: 922966AE6<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   1110000 | PA      | $1153615.23   | 0.32%             | 2030-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| BENEFIT STREET PARTNERS CLO 47 LTD                                           | BSP 2026-47A A                                         | CUSIP: 08186BAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1125000 | PA      | $1125821.25   | 0.31%             | 2039-04-15      | Floating      | 0.01%                 | No            |                  2 | On Loan: No      |
| Columbia Pipelines Holding Co. LLC                                           | CPGX 4.999 11/17/32 144A                               | CUSIP: 19828AAF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1130000 | PA      | $1153098.68   | 0.31%             | 2032-11-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kuwait (State Of)                                                            | KUWIB 4.652 10/09/35 144A                              | CUSIP: 501499AF4<br>LEI: 549300FSC1YD0D9XX589 | Long             | DBT              | NUSS              | KW        |   1250000 | PA      | $1260096.83   | 0.34%             | 2035-10-09      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Global Payments Inc                                                          | GPN 3.2 08/15/29                                       | CUSIP: 37940XAB8<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   1181000 | PA      | $1133542.11   | 0.31%             | 2029-08-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL LLC                                                       | DELL 8.1 07/15/36                                      | CUSIP: 24703TAJ5<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    612000 | PA      | $744607.15    | 0.20%             | 2036-07-15      | Fixed         | 8.10%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC                                         | CHTR 4.4 04/01/33                                      | CUSIP: 161175CJ1<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2382038.28   | 0.65%             | 2033-04-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Group                                                        | RCL 6.25 03/15/32 144A                                 | CUSIP: 780153BU5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   1442000 | PA      | $1504147.27   | 0.41%             | 2032-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                                                         | VZMT 2024-6 C                                          | CUSIP: 92348KDH3<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |    145000 | PA      | $146081.73    | 0.04%             | 2030-08-20      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| Citizens Financial Group Inc                                                 | CFG V5.299 01/29/36                                    | CUSIP: 174610BK0<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |     59000 | PA      | $59827.55     | 0.02%             | 2036-01-29      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                       | 5-Year T-Note Futures, Jun-2026,ETH                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       225 | NC      | $122946.19    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| LAD AUTO RECEIVABLES TRUST 2026-1                                            | LADAR 2026-1A A3                                       | CUSIP: 505708AC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    565000 | PA      | $567311.25    | 0.15%             | 2031-04-15      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| Databank Issuer LLC / Databank Co-Issuer LLC                                 | COLO 2026-1A A2                                        | CUSIP: 23802WAQ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    352000 | PA      | $356912.09    | 0.10%             | 2056-02-25      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                 | TII 2.375 02/15/55                                     | CUSIP: 912810UH9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2040000 | PA      | $2065669.05   | 0.56%             | 2055-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| CubeSmart LP                                                                 | CUBE 5.125 11/01/35                                    | CUSIP: 22966RAK2<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              | CORP              | US        |   1304000 | PA      | $1328929.38   | 0.36%             | 2035-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Metronet Infrastructure Issuer LLC.                                          | MNET 2025-4A A2                                        | CUSIP: 59170JBD9<br>LEI: 5493000BIROCAEATAQ61 | Long             | ABS-O            | CORP              | US        |   1099000 | PA      | $1119385.35   | 0.31%             | 2055-12-22      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| Apollo Debt Solutions BDC                                                    | APODS 5.7 01/23/31 144A                                | CUSIP: 03770DAL7<br>LEI: 549300UMUGX092P8DW87 | Long             | DBT              | CORP              | US        |    218000 | PA      | $216350.35    | 0.06%             | 2031-01-23      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| PK ALIFT LOAN FUNDING 8 LP                                                   | PKAIR 2026-1 A                                         | CUSIP: 72585CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    269000 | PA      | $271587.78    | 0.07%             | 2043-09-15      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| Ares Capital Corp.                                                           | ARCC 2.875 06/15/28                                    | CUSIP: 04010LBB8<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |   1275000 | PA      | $1216540.46   | 0.33%             | 2028-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| AASET MT-1 LTD                                                               | AASET 2025-3A A                                        | CUSIP: 00039NAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    344952 | PA      | $350769.58    | 0.10%             | 2050-02-16      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| Philippines (Republic Of)                                                    | PHILIP 5 01/27/36                                      | CUSIP: 718286DK0<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    607000 | PA      | $617460.22    | 0.17%             | 2036-01-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BENEFIT STR PAR 41 LTD/LLC                                                   | BSP 2025-41A A                                         | CUSIP: 08186GAA1<br>LEI: 2549009YX7JH1CA3SZ28 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250698.00    | 0.07%             | 2038-07-26      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                                                | ENBCN V7.375 03/15/55                                  | CUSIP: 29250NCG8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    880000 | PA      | $941843.76    | 0.26%             | 2055-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Intel Corporation                                                            | INTC 5.6 02/21/54                                      | CUSIP: 458140CM0<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    990000 | PA      | $935596.94    | 0.26%             | 2054-02-21      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Compass Datacenters Issuer II LLC                                            | CMDC 2026-1A A21                                       | CUSIP: 20469BAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    473054 | PA      | $477911.03    | 0.13%             | 2056-02-25      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| United Rentals (North America), Inc.                                         | URI 5.375 11/15/33 144A                                | CUSIP: 911365BS2<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    615000 | PA      | $620448.05    | 0.17%             | 2033-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MetLife Inc.                                                                 | MET V5.85 03/15/56 .                                   | CUSIP: 59156RCR7<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   1090000 | PA      | $1082740.27   | 0.30%             | 2056-03-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| RR Ltd                                                                       | RR 44 Ltd                                              | CUSIP: 78109WAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1500448.50   | 0.41%             | 2041-04-15      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| PG&E Corporation                                                             | PCG 5.25 07/01/30                                      | CUSIP: 69331CAJ7<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |    725000 | PA      | $726024.43    | 0.20%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MAPS TRUST 2026-1                                                            | MAPSL 2026-1A A                                        | CUSIP: 55293WAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    993939 | PA      | $1009429.96   | 0.28%             | 2051-01-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                    | GS 6.75 10/01/37                                       | CUSIP: 38141GFD1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   2007000 | PA      | $2255366.45   | 0.62%             | 2037-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2021                                          | CRVNA 2021-P4 D                                        | CUSIP: 14687KAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    175000 | PA      | $170357.36    | 0.05%             | 2028-09-10      | Fixed         | 2.61%                 | No            |                  2 | On Loan: No      |
| Stack Infrastructure Issuer Llc                                              | SIDC 2025-1A A2                                        | CUSIP: 85236KAP7<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $995726.90    | 0.27%             | 2050-05-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2025-3                                 | WLAKE 2025-3A A3                                       | CUSIP: 96043QAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    975000 | PA      | $979310.48    | 0.27%             | 2029-06-15      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust 2025-Nqm2                                | NRZT 2025-NQM2 A1                                      | CUSIP: 64831XAC2<br>LEI: 2138006ZAYPD4ZHQYX81 | Long             | ABS-O            | CORP              | US        |   1034276 | PA      | $1051595.04   | 0.29%             | 2065-04-25      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| Post Holdings Inc.                                                           | POST 6.375 03/01/33 144A                               | CUSIP: 737446AV6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    525000 | PA      | $534802.80    | 0.15%             | 2033-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                                        | ROMANI 4.625 03/04/33 144A                             | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    532000 | PA      | $627480.91    | 0.17%             | 2033-03-04      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM TRUST 2026-1                                      | SCLP 2026-1 B                                          | CUSIP: 83408AAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1008078.00   | 0.28%             | 2035-12-26      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                                         | GM 3.1 01/12/32                                        | CUSIP: 37045XDS2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   2501000 | PA      | $2313569.23   | 0.63%             | 2032-01-12      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| AFFIRM MASTER TRUST                                                          | AFRMT 2026-1A C                                        | CUSIP: 00833BAW8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    990000 | PA      | $995533.70    | 0.27%             | 2034-02-15      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATIONS INC                                              | CNSL 2025-4A A2                                        | CUSIP: 315961AA0<br>LEI: 549300WW675Y48HDVX34 | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1277135.50   | 0.35%             | 2055-12-20      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST 2025-4                                | SDART 2025-4 C                                         | CUSIP: 802923AE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $760105.80    | 0.21%             | 2032-01-15      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                                         | BXP 5.75 01/15/35                                      | CUSIP: 10112RBJ2<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |    902000 | PA      | $919267.99    | 0.25%             | 2035-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Kenya (Republic of)                                                          | KENINT 8.7 02/26/39 144A                               | CUSIP: 491798AS3<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |    275000 | PA      | $268482.73    | 0.07%             | 2039-02-26      | Fixed         | 8.70%                 | No            |                  2 | On Loan: No      |
| Exelon Corp.                                                                 | EXC V6.5 03/15/55                                      | CUSIP: 30161NBQ3<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    895000 | PA      | $937075.44    | 0.26%             | 2055-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                            | WFC V5.211 12/03/35                                    | CUSIP: 95000U3N1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   2225000 | PA      | $2285440.17   | 0.62%             | 2035-12-03      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| Banque Ouest Africaine de Developpement                                      | BOAD 4.7 10/22/31 REGS                                 | CUSIP: 000000000<br>LEI: 529900LIZJABE4JJS826 | Long             | DBT              | NUSS              | N/A       |    350000 | PA      | $328873.33    | 0.09%             | 2031-10-22      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Flutter Treasury Designated Activity Co.                                     | FLTR 5.875 06/04/31 144A                               | CUSIP: 344045AB5<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |    371000 | PA      | $370176.03    | 0.10%             | 2031-06-04      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS PASS THROUGH TRUST SERIES 2019-1                             | JBLU 2.95 05/15/28 2019                                | CUSIP: 477143AJ0<br>LEI: 54930070J9H97ZO93T57 | Long             | ABS-O            | CORP              | US        |   3597822 | PA      | $3408224.98   | 0.93%             | 2028-05-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| DATABANK ISSUER II LLC                                                       | HYPER 2025-1A A2                                       | CUSIP: 23802YAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $999967.60    | 0.27%             | 2055-09-27      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| Omnicom Group Inc                                                            | OMC 5.3 06/02/36                                       | CUSIP: 681919BX3<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | DBT              | CORP              | US        |   1093000 | PA      | $1085373.10   | 0.30%             | 2036-06-02      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                                         | RY V6.5 05/24/86                                       | CUSIP: 780082BA0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    520000 | PA      | $519571.47    | 0.14%             | 2086-05-24      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Eversource Energy                                                            | ES V6.35 08/15/56 B                                    | CUSIP: 30040WBD9<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    674000 | PA      | $678552.75    | 0.19%             | 2056-08-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| D.R. Horton, Inc.                                                            | DHI 5.5 10/15/35                                       | CUSIP: 23331ABU2<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |    721000 | PA      | $759187.96    | 0.21%             | 2035-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tecpetrol SA                                                                 | TECPET 7.625 01/22/33 144A                             | CUSIP: 87876TAG9<br>LEI: 529900C0GOV3UC7ZMZ16 | Long             | DBT              | CORP              | AR        |    350000 | PA      | $362180.00    | 0.10%             | 2033-01-22      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                 | T 4.625 11/15/45                                       | CUSIP: 912810UQ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    313000 | PA      | $315127.42    | 0.09%             | 2045-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Healthcare Realty Holdings L.P                                               | HR 3.1 02/15/30                                        | CUSIP: 42225UAG9<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              | CORP              | US        |   1188000 | PA      | $1138389.60   | 0.31%             | 2030-02-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| YPF Sociedad Anonima                                                         | YPFDAR 8.75 09/11/31 144A                              | CUSIP: 984245AY6<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |    300000 | PA      | $312999.90    | 0.09%             | 2031-09-11      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| ING Groep N.V.                                                               | INTNED V7 PERP .                                       | CUSIP: 456837BT9<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    520000 | PA      | $540661.17    | 0.15%             | N/A             | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                 | ORCL 6.25 11/09/32                                     | CUSIP: 68389XCJ2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3168788.55   | 0.87%             | 2032-11-09      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                             | DUK V6.45 09/01/54                                     | CUSIP: 26441CCG8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    675000 | PA      | $711497.25    | 0.19%             | 2054-09-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Spire Inc                                                                    | SR V6.45 06/01/56                                      | CUSIP: 84857LAE1<br>LEI: 549300NXSY15DRY2R511 | Long             | DBT              | CORP              | US        |    360000 | PA      | $367863.84    | 0.10%             | 2056-06-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| DREYFUS INSTITUTIONAL PREFERRED MONEY MARKET FUNDS                           | Dreyfus Instl Resv PFD GOVT INSTL                      | CUSIP: 26200X100<br>LEI: 5493006CKAQEE1JHBZ16 | Long             | STIV             | RF                | US        |   4178643 | PA      | $4178643.10   | 1.14%             | 2023-03-03      | Variable      | 4.79%                 | No            |                  1 | On Loan: No      |
| NiSource Inc.                                                                | NI V5.75 07/15/56                                      | CUSIP: 65473PAY1<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    933000 | PA      | $938970.27    | 0.26%             | 2056-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Jabil Inc                                                                    | JBL 4.75 02/01/33                                      | CUSIP: 46656PAD6<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |    205000 | PA      | $204311.53    | 0.06%             | 2033-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-23

**Name of Applicant:** BNY Mellon ETF Trust II

**Signature:** James Windels

**Name of Signer:** James Windels

**Title:** Treasurer