# EDGAR Filing Document

**Accession Number:** 0000810893
**File Stem:** 0001099263-26-007209
**Filing Date:** 2026-5
**Character Count:** 343724
**Document Hash:** eec044a0e29b9cb5eb490b1e177b966b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-26-007209.hdr.sgml**: 20260529

**ACCESSION NUMBER**: 0001099263-26-007209

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260529

**DATE AS OF CHANGE**: 20260529

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIMCO FUNDS
- **CENTRAL INDEX KEY:** 0000810893

**ORGANIZATION NAME:**
- **EIN:** 952632339
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05028
- **FILM NUMBER:** 261043375

**BUSINESS ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660
- **BUSINESS PHONE:** 949-720-6000

**MAIL ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660

## Series and Classes Contracts Data

### PIMCO Moderate Duration Portfolio (Series ID: S000034606)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000106508 | PIMCO Moderate Duration Portfolio |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PIMCO Funds

- **b. Investment Company Act file number:** 811-05028

- **c. CIK number of Registrant:** 0000810893

- **d. LEI of Registrant:** 5493003B5Y5GR0Y25Y76

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

  - **Street Address 1:** 650 Newport Center Drive

  - **City:** Newport Beach

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92660

  - **Telephone number:** (888) 877-4626

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

- **a. Name of Series:** PIMCO Moderate Duration Portfolio

- **b. EDGAR series identifier (if any):** S000034606

- **c. LEI of Series:** 5H2C0WOU0VY5RNJKDM42

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $4715760105.82

**Total Liabilities:** $1046203215.86

**Net Assets:** $3669556889.96

**Cash Not Reported:** $6740820.73

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 101743.354600 | **1-Year:** 163774.913900 | **5-Year:** 898253.823400 | **10-Year:** 266940.508100 | **30-Year:** 0.000000

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

- **3-Month:** 19.066100 | **1-Year:** 24.265900 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000106508 | 0.44%                | 1.41%                | -1.63%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3133107.28              | $749667.81                                 |
| Month 2  | $3047204.14              | $33025015.23                               |
| Month 3  | $-1238636.14             | $-62808686.39                              |

**Designated Index Information**

- **Index Name:** Bloomberg US Aggregate Intermediate Total Return Unhedged Index

- **Index Identifier:** LC08TRUU

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| DTE ELECTRIC CO (AKA: DETROIT EDISON COMPANY)                                    | DTE ELECTRIC CO GENL REF MOR 05/35 5.25                    | CUSIP: 23338VAY2<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5580600.14   | 0.15%             | 2035-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H31                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H31 FT             | CUSIP: 38376RMX1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    100556 | PA      | $100957.98    | 0.00%             | 2065-11-20      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2021-1 CLASS A PASS THROUGH TRUST                              | AMER AIRLINE 21 1A EETC PASS THRU CE 01/36 2.875           | CUSIP: 02379KAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1299710 | PA      | $1164763.45   | 0.03%             | 2036-01-11      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| HONDA AUTO RECEIVABLES OWNER TRUST 2024-3                                        | HONDA AUTO RECEIVABLES OWNER T HAROT 2024 3 A3             | CUSIP: 43813YAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4531339 | PA      | $4548583.53   | 0.12%             | 2029-03-21      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PACIFICORP 1ST MORTGAGE 02/31 5.3                          | CUSIP: 695114DC9<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2230719.94   | 0.06%             | 2031-02-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| BANK5 2026-5YR20                                                                 | BANK5 BANK5 2026 5YR20 A2                                  | CUSIP: 06650JAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4400000 | PA      | $4382882.68   | 0.12%             | 2059-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TEXAS DEPARTMENT OF TRANSPORTATION STATE HIGHWAY FUND                            | TEXAS TRANSPRTN COMMISSION ST TXSTRN 04/26 FIXED 5.028     | CUSIP: 88283LHT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $575010.12    | 0.02%             | 2026-04-01      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | SUTTER HEALTH UNSECURED 08/35 5.537                        | CUSIP: 86944BAQ6<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |    400000 | PA      | $412872.70    | 0.01%             | 2035-08-15      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BV3853 FN 04/52 FIXED 2.5                        | CUSIP: 3140MHH77<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    477279 | PA      | $403536.70    | 0.01%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CHRISTUS HEALTH                                                                  | CHRISTUS HEALTH SR SECURED 07/28 4.341                     | CUSIP: 17108JAA1<br>LEI: OQUVMAC1TV7BMO6XVW61 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2992368.72   | 0.08%             | 2028-07-01      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BV2584 FN 07/52 FIXED 2.5                        | CUSIP: 3140MF2S1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     35967 | PA      | $30415.29     | 0.00%             | 2052-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB6832 FN 07/53 FIXED 5                          | CUSIP: 3140QSSW2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    881060 | PA      | $873016.06    | 0.02%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA (AKA: LA CAIXA)                                                     | CAIXABANK SA SR UNSECURED 144A 03/30 VAR                   | CUSIP: 12803RAG9<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |   5000000 | PA      | $5138315.20   | 0.14%             | 2030-03-15      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| HERTZ VEHICLE FINANCING III LLC 2023-2A                                          | HERTZ VEHICLE FINANCING LLC HERTZ 2023 2A A 144A           | CUSIP: 42806MBW8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8000000 | PA      | $8182128.80   | 0.22%             | 2029-09-25      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2019-1 CLASS A PASS THROUGH TRUST                                | UNITED AIR 2019 1 A PTT PASS THRU CE 08/31 4.55            | CUSIP: 90931EAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2940576 | PA      | $2840007.47   | 0.08%             | 2031-08-25      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| TEXAS NATURAL GAS SECURITIZATION FINANCE CORP                                    | TEXAS NATURAL GAS SECURITIZTN TNGUTL 04/35 FIXED 5.102     | CUSIP: 88258MAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4186537 | PA      | $4290492.14   | 0.12%             | 2035-04-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AN5171 FN 04/27 FIXED 3.29                       | CUSIP: 3138LHW91<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6407000 | PA      | $6354119.18   | 0.17%             | 2027-04-01      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| STANFORD UNIVERSITY                                                              | STANFORD UNIVERSITY SR UNSECURED 03/35 4.679               | CUSIP: 85440KAE4<br>LEI: JIUV0DC2REIJXQ26CR37 | Long             | DBT              | CORP              | US        |   5300000 | PA      | $5291026.68   | 0.14%             | 2035-03-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DD7762 FN 05/55 FIXED 6.5                        | CUSIP: 3140B8TU5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    810582 | PA      | $840407.07    | 0.02%             | 2055-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DC0244 FN 08/54 FIXED 6.5                        | CUSIP: 3140AMHW4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    804051 | PA      | $836561.59    | 0.02%             | 2054-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL FUNDING                                                   | PROTECTIVE LIFE GLOBAL SECURED 144A 12/28 5.467            | CUSIP: 74368CBV5<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1023525.01   | 0.03%             | 2028-12-08      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| EVERGY METRO INC                                                                 | EVERGY METRO GENL REF MOR 04/34 5.4                        | CUSIP: 30037DAD7<br>LEI: 1128SIJQ26096WL7IO82 | Long             | DBT              | CORP              | US        |    900000 | PA      | $926906.97    | 0.03%             | 2034-04-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.75000 09/02/25-7Y* LCH                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-409413.25   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| ENTERGY ARKANSAS LLC                                                             | ENTERGY ARKANSAS LLC 1ST MORTGAGE 06/34 5.45               | CUSIP: 29366MAF5<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6174860.28   | 0.17%             | 2034-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FORD CREDIT AUTO OWNER TRUST 2023-A                                              | FORD CREDIT AUTO OWNER TRUST FORDO 2023 A A4               | CUSIP: 344928AE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1003837.90   | 0.03%             | 2028-12-15      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRIPS 330                                                           | FREDDIEMAC STRIP FHS 330 F4                                | CUSIP: 31351DDT5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1825276 | PA      | $1803718.12   | 0.05%             | 2037-10-15      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP LLC 2023-3A                                 | AVIS BUDGET RENTAL CAR FUNDING AESOP 2023 3A A 144A        | CUSIP: 05377RGU2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5037365.00   | 0.14%             | 2028-02-22      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB7786 FN 01/54 FIXED 6                          | CUSIP: 3140QTUL1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    387500 | PA      | $400403.89    | 0.01%             | 2054-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB0396 FN 05/51 FIXED 2.5                        | CUSIP: 3140QKNN4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2874737 | PA      | $2421292.16   | 0.07%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA5119 FN 07/53 FIXED 2.5                        | CUSIP: 31418EVM9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     97734 | PA      | $82365.51     | 0.00%             | 2053-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AIR CANADA 2015-2 CLASS AA PASS THROUGH TRUST                                    | AIR CANADA 2015 2AA PTT PASS THRU CE 144A 06/29 3.75       | CUSIP: 009088AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    298043 | PA      | $294618.14    | 0.01%             | 2029-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB4121 FN 07/52 FIXED 4                          | CUSIP: 3140QPSK4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    422535 | PA      | $399472.48    | 0.01%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NELNET STUDENT LOAN TRUST 2025-CA                                                | NELNET STUDENT LOAN TRUST NSLT 2025 CA A1B 144A            | CUSIP: 64035UAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5022043 | PA      | $5064511.15   | 0.14%             | 2065-06-22      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4400                                                          | FREDDIE MAC FHR 4400 FA                                    | CUSIP: 3137BEH49<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    123506 | PA      | $122260.31    | 0.00%             | 2041-02-15      | Floating      | 4.19%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP 2023-6A LLC                                 | AVIS BUDGET RENTAL CAR FUNDING AESOP 2023 6A A 144A        | CUSIP: 05377RHG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7900000 | PA      | $8151218.42   | 0.22%             | 2029-12-20      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DC0245 FN 08/54 FIXED 6.5                        | CUSIP: 3140AMHX2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    760956 | PA      | $794450.21    | 0.02%             | 2054-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8516 FR 03/55 FIXED 6                  | CUSIP: 3132DWN90<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  52028523 | PA      | $53064621.59  | 1.45%             | 2055-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF FRESNO CA                                                              | FRESNO CNTY CA PENSN OBLG FREGEN 08/30 ZEROCPNOID 0        | CUSIP: 358266CH5<br>LEI: 549300JJ6NWR5CVGI705 | Long             | DBT              | MUN               | US        |   5200000 | PA      | $4309540.04   | 0.12%             | 2030-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS9204 FN 09/54 FIXED VAR                        | CUSIP: 3140XRGN9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    655793 | PA      | $678443.98    | 0.02%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2026-B                                          | SMB PRIVATE EDUCATION LOAN TRU SMB 2026 B A1A 144A         | CUSIP: 78451PAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6800000 | PA      | $6808204.88   | 0.19%             | 2056-03-15      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| ICG US CLO LTD 2015-2RA                                                          | ICG US CLO LTD ICG 2015 2RA A1R 144A                       | CUSIP: 44933WAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1632050 | PA      | $1633304.39   | 0.04%             | 2033-01-16      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| ARROWMARK COLORADO HOLDINGS 2018-3A                                              | ELEVATION CLO LTD AWPT 2018 3A A1R2 144A                   | CUSIP: 28623VAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4500000 | PA      | $4502525.99   | 0.12%             | 2035-01-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SL2469 FR 09/55 FIXED 5.5                | CUSIP: 31427PW75<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     44694 | PA      | $45580.82     | 0.00%             | 2055-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL Q60419 FG 12/48 FIXED 4                  | CUSIP: 3132VLPD3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3651297 | PA      | $3502937.59   | 0.10%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ATLANTIC AVENUE 2025-4A LTD                                                      | ATLANTIC AVENUE LTD MCCP 2025 4A A 144A                    | CUSIP: 04822PAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3900000 | PA      | $3909157.71   | 0.11%             | 2038-10-15      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 11/35 4                                    | CUSIP: 91282CPJ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  60000000 | PA      | $58532812.80  | 1.60%             | 2035-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COMM MORTGAGE TRUST 2018-COR3                                                    | COMM MORTGAGE TRUST COMM 2018 COR3 A3                      | CUSIP: 12595VAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3800000 | PA      | $3729513.04   | 0.10%             | 2051-05-10      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES Q034                | FHLMC MULTIFAMILY STRUCTURED P FHMS Q034 APT2              | CUSIP: 3137HLY30<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6057704 | PA      | $5885542.00   | 0.16%             | 2054-07-25      | Floating      | 2.94%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCE AUTHORITY                                             | TOBACCO SETTLEMENT FIN AUTH WV TOBGEN 06/27 FIXED 2.02     | CUSIP: 88880LAJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4287523.68   | 0.12%             | 2027-06-01      | Fixed         | 2.02%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8471 FR 10/54 FIXED 6.5                | CUSIP: 3132DWMU4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2112253 | PA      | $2185210.70   | 0.06%             | 2054-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD2963 FR 09/51 FIXED 2.5                | CUSIP: 3132DQJG2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     65200 | PA      | $54915.53     | 0.00%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4548 FN 02/52 FIXED 2.5                        | CUSIP: 31418EBS8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    245514 | PA      | $207995.55    | 0.01%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AL0484 FN 05/40 FIXED VAR                        | CUSIP: 3138EGRE6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     21780 | PA      | $22441.58     | 0.00%             | 2040-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL Q59148 FG 10/48 FIXED 4.5                | CUSIP: 3132Y3EW0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    412632 | PA      | $400988.23    | 0.01%             | 2048-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RA7346 FR 06/52 FIXED 3                  | CUSIP: 3133KPET1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   7373044 | PA      | $6488106.29   | 0.18%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CSAIL COMMERCIAL MORTGAGE TRUST 2019-C17                                         | CSAIL COMMERCIAL MORTGAGE TRUS CSAIL 2019 C17 ASB          | CUSIP: 12597BAV1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5946330 | PA      | $5840670.52   | 0.16%             | 2052-09-15      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| LCM 36 LTD                                                                       | LCM LTD PARTNERSHIP LCM 36A A1R 144A                       | CUSIP: 50190LAL2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000387.84   | 0.03%             | 2034-01-15      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RA2797 FR 06/50 FIXED 3                  | CUSIP: 3133KJDA7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8479542 | PA      | $7464425.11   | 0.20%             | 2050-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST                        | AERCAP IRELAND CAP/GLOBA COMPANY GUAR 09/29 4.625          | CUSIP: 00774MBL8<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   3650000 | PA      | $3643920.45   | 0.10%             | 2029-09-10      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SL1190 FR 05/55 FIXED 5.5                | CUSIP: 31427NKC2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    138057 | PA      | $141179.81    | 0.00%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2025-C39                                                    | BARCLAYS COMMERCIAL MORTGAGE S BBCMS 2025 C39 A4           | CUSIP: 05556YAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4500000 | PA      | $4491046.80   | 0.12%             | 2058-12-15      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8205 FR 04/52 FIXED 2.5                | CUSIP: 3132DWDJ9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    805408 | PA      | $680952.04    | 0.02%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.80000 09/05/23-5Y LCH                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-760564.58   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AD7136 FN 07/40 FIXED 5                          | CUSIP: 31418U4W1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     66568 | PA      | $67312.95     | 0.00%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOBAL FUNDING                                                        | COREBRIDGE GLOB FUNDING SECURED 144A 12/28 VAR             | CUSIP: 00138CBL1<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1897149.87   | 0.05%             | 2028-12-15      | Floating      | 4.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BV0951 FN 09/52 FIXED 4                          | CUSIP: 3140MEBV7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    471819 | PA      | $446633.87    | 0.01%             | 2052-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP PARIBAS 144A 01/31 VAR                                 | CUSIP: 09659W2K9<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   4400000 | PA      | $4131381.80   | 0.11%             | 2031-01-13      | Floating      | 3.05%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08799 FG 02/48 FIXED 3                  | CUSIP: 3128MJ3H1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1239303 | PA      | $1111229.39   | 0.03%             | 2048-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SLM STUDENT LOAN TRUST 2010-C                                                    | SLM STUDENT LOAN TRUST SLMA 2010 C A5 144A                 | CUSIP: 78445QAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2153222 | PA      | $2260613.09   | 0.06%             | 2041-10-15      | Floating      | 8.54%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8275 FR 12/52 FIXED 4.5                | CUSIP: 3132DWFQ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6675009 | PA      | $6466137.50   | 0.18%             | 2052-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL FUNDING                                                   | PROTECTIVE LIFE GLOBAL SECURED 144A 01/27 4.992            | CUSIP: 74368CBX1<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1810797.91   | 0.05%             | 2027-01-12      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RA7026 FR 03/52 FIXED 3                  | CUSIP: 3133KNYX5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   9249568 | PA      | $8165323.42   | 0.22%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8507 FR 02/55 FIXED 6                  | CUSIP: 3132DWNY5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  13112001 | PA      | $13373113.45  | 0.36%             | 2055-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CNO GLOBAL FUNDING                                                               | CNO GLOBAL FUNDING SECURED 144A 12/30 4.7                  | CUSIP: 18977W2J8<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2962724.46   | 0.08%             | 2030-12-11      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| NLG GLOBAL FUNDING                                                               | NLG GLOBAL FUNDING SECURED 144A 01/30 5.4                  | CUSIP: 62915W2A0<br>LEI: 635400SKBQOWEJZLTW68 | Long             | DBT              | CORP              | US        |   3800000 | PA      | $3890791.04   | 0.11%             | 2030-01-23      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BP9421 FN 07/50 FIXED 3                          | CUSIP: 3140KHPF2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     31907 | PA      | $28334.24     | 0.00%             | 2050-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FA3583 FN 11/55 FIXED VAR                        | CUSIP: 3140W36V6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2924905 | PA      | $3043856.01   | 0.08%             | 2055-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AJ9872 FN 01/42 FIXED 5                          | CUSIP: 3138E26J9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     55218 | PA      | $55724.06     | 0.00%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERDELITE STATIC CLO LTD 2024-1                                                  | VERDELITE STATIC CLO LTD BVSTAT 2024 1A A 144A             | CUSIP: 92338VAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   3727904 | PA      | $3731740.14   | 0.10%             | 2032-07-20      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP SR UNSECURED 04/30 5.2                  | CUSIP: 29273VBD1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2249777.27   | 0.06%             | 2030-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI DADE FLORIDA                                                     | MIAMI DADE CNTY FL SPL OBLIG MIAGEN 10/28 FIXED 1.936      | CUSIP: 59333NT37<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $951375.40    | 0.03%             | 2028-10-01      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2013-H24                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2013 H24 FB             | CUSIP: 38375UBR0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      6363 | PA      | $6397.26      | 0.00%             | 2063-09-20      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BU8884 FN 03/52 FIXED 2.5                        | CUSIP: 3140MA2S2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    582624 | PA      | $493299.43    | 0.01%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SL2533 FR 05/49 FIXED 4                  | CUSIP: 31427PY73<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6881687 | PA      | $6543183.46   | 0.18%             | 2049-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.30000 12/02/24-4Y* CME                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $123939.51    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BDS 2021-FL10 LTD                                                                | BDS LTD BDS 2021 FL10 A 144A                               | CUSIP: 07335YAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    834465 | PA      | $835483.54    | 0.02%             | 2036-12-16      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BW4938 FN 05/53 FIXED 2.5                        | CUSIP: 3140MWPY6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    809842 | PA      | $682431.45    | 0.02%             | 2053-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HONDA AUTO RECEIVABLES OWNER TRUST 2024-3                                        | HONDA AUTO RECEIVABLES OWNER T HAROT 2024 3 A4             | CUSIP: 43813YAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1004879.20   | 0.03%             | 2030-11-21      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| NORTHWOODS CAPITAL 25 LTD                                                        | NORTHWOODS CAPITAL LTD WOODS 2021 25A AR 144A              | CUSIP: 668468AL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2001723.90   | 0.05%             | 2034-07-20      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FM7740 FN 06/51 FIXED VAR                        | CUSIP: 3140XBS68<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    876699 | PA      | $738396.94    | 0.02%             | 2051-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA/NEW YORK BRANCH                                         | COOPERAT RABOBANK UA/NY 10/29 4.494                        | CUSIP: 21688ABH4<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |   4000000 | PA      | $4030026.48   | 0.11%             | 2029-10-17      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA5390 FN 06/54 FIXED 6.5                        | CUSIP: 31418E7C8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    726869 | PA      | $752003.30    | 0.02%             | 2054-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MERIT DESIGNATED ACTIVITY COMPANY 26-1A                                          | MERIT DESIGNATED ACTIVITY COMP MERIT 2026 1A A 144A        | CUSIP: 590023AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | IE        |   6500000 | PA      | $6455691.39   | 0.18%             | 2040-02-15      | Fixed         | 4.85%                 | No            |                  3 | On Loan: No      |
| BGCLO 19A                                                                        | BIRCH GROVE CLO LTD. BGCLO 19A A1RR 144A                   | CUSIP: 09075JAU3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6200000 | PA      | $6216292.30   | 0.17%             | 2037-07-17      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | US LONG BOND(CBT) JUN26 XCBT 20260618                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      -129 | NC      | $482820.81    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUNDING                                                               | F+G GLOBAL FUNDING SECURED 144A 01/30 5.875                | CUSIP: 30321L2J0<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1824753.29   | 0.05%             | 2030-01-16      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SL2834 FR 10/55 FIXED 5.5                | CUSIP: 31427QEG3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1232557 | PA      | $1254395.78   | 0.03%             | 2055-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FA3207 FN 10/55 FIXED VAR                        | CUSIP: 3140W3R50<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    113534 | PA      | $115785.82    | 0.00%             | 2055-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 841471 FN 10/35 FIXED 5                          | CUSIP: 31407U2C0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     18704 | PA      | $18885.70     | 0.00%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA5472 FN 09/54 FIXED 6.5                        | CUSIP: 31418FCJ4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    743785 | PA      | $769475.53    | 0.02%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 2.5 SINGLE FAMILY MORTGAGE                  | CUSIP: 01F022642<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        |  -1600000 | PA      | $-1345500.00  | -0.04%            | 2056-04-13      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS GROUP AG SR UNSECURED 144A 05/32 VAR                   | CUSIP: 225401AU2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   6600000 | PA      | $6054851.55   | 0.17%             | 2032-05-14      | Floating      | 3.09%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BK7608 FN 09/48 FIXED 4                          | CUSIP: 3140HMN26<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3210294 | PA      | $3077233.02   | 0.08%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO LEASE SECURITIZATION TRUST 2025-B                                   | HYUNDAI AUTO LEASE SECURITIZAT HALST 2025 B A3 144A        | CUSIP: 44935DAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6500000 | PA      | $6527548.30   | 0.18%             | 2028-04-17      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                      | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 06/28 3                | CUSIP: 694308JW8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2323312.80   | 0.06%             | 2028-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8329 FR 06/53 FIXED 5                  | CUSIP: 3132DWHE6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6103325 | PA      | $6051361.19   | 0.16%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8238 FR 08/52 FIXED 4.5                | CUSIP: 3132DWEK5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1747235 | PA      | $1692316.69   | 0.05%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QF7428 FR 02/53 FIXED 5                  | CUSIP: 3133BVHD0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6067908 | PA      | $6014940.42   | 0.16%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SL1583 FR 06/55 FIXED 5.5                | CUSIP: 31427NXM6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1783526 | PA      | $1814580.33   | 0.05%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST 2019-B14                                                | BENCHMARK MORTGAGE TRUST BMARK 2019 B14 ASB                | CUSIP: 08162YAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4452538 | PA      | $4346223.64   | 0.12%             | 2062-12-15      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8526 FR 04/55 FIXED 6.5                | CUSIP: 3132DWPK3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    675423 | PA      | $698752.46    | 0.02%             | 2055-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2017-H03                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2017 H03 FB             | CUSIP: 38376RQ33<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    227161 | PA      | $227675.29    | 0.01%             | 2066-06-20      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                             | GNMA II TBA 30 YR 5 JUMBOS                                 | CUSIP: 21H050656<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  37500000 | PA      | $37067490.00  | 1.01%             | 2056-05-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA3414 FN 07/48 FIXED 3.5                        | CUSIP: 31418CYL2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    560413 | PA      | $522699.08    | 0.01%             | 2048-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG/NEW YORK BRANCH                                                 | DEUTSCHE BANK NY 07/27 VAR                                 | CUSIP: 25160PAN7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   6000000 | PA      | $6040837.68   | 0.16%             | 2027-07-13      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5439                                                          | FREDDIE MAC FHR 5439 FK                                    | CUSIP: 3137HF3S2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2818402 | PA      | $2836421.44   | 0.08%             | 2054-08-25      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2019-A                                 | NAVIENT STUDENT LOAN TRUST NAVSL 2019 A A2B 144A           | CUSIP: 63941BAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     93166 | PA      | $93175.05     | 0.00%             | 2043-01-15      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 3843                                                          | FREDDIE MAC FHR 3843 FG                                    | CUSIP: 3137A9HU3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    156637 | PA      | $155900.15    | 0.00%             | 2041-04-15      | Floating      | 4.34%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BZ3405 FN 03/30 FIXED 4.32                       | CUSIP: 3140NXYB3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2227000 | PA      | $2238630.13   | 0.06%             | 2030-03-01      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                                                           | BROOKFIELD FINANCE INC COMPANY GUAR 04/30 4.35             | CUSIP: 11271LAE2<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    550000 | PA      | $541644.06    | 0.01%             | 2030-04-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I INC 2017-HR2                                            | MORGAN STANLEY CAPITAL I TRUST MSC 2017 HR2 A4             | CUSIP: 61691NAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $689047.38    | 0.02%             | 2050-12-15      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QH3374 FR 10/53 FIXED 2.5                | CUSIP: 3133CFXB0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     25299 | PA      | $21306.64     | 0.00%             | 2053-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| RISERVA CLO LTD 2016-3A                                                          | RISERVA CLO, LTD. RSRVA 2016 3A AR3 144A                   | CUSIP: 76761RBG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1800000 | PA      | $1801189.69   | 0.05%             | 2034-01-18      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2025-V18 MORTGAGE TRUST                                                | BENCHMARK MORTGAGE TRUST BMARK 2025 V18 A2                 | CUSIP: 08164EAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1400000 | PA      | $1401991.08   | 0.04%             | 2058-10-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | ELEVANCE HEALTH INC SR UNSECURED 02/35 5.2                 | CUSIP: 036752BD4<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998772.38    | 0.03%             | 2035-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| BANK5 2025-5YR19                                                                 | BANK5 BANK5 2025 5YR19 A3                                  | CUSIP: 05494RBL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7900000 | PA      | $8075621.74   | 0.22%             | 2058-12-15      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AL7579 FN 02/42 FIXED VAR                        | CUSIP: 3138EQM58<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    170761 | PA      | $176314.82    | 0.00%             | 2042-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H10                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H10 FA             | CUSIP: 38376RUH7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1354732 | PA      | $1360616.99   | 0.04%             | 2066-04-20      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                       | MICHIGAN ST FIN AUTH REVENUE MISFIN 12/26 FIXED 2.596      | CUSIP: 59447TXR9<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1386805.28   | 0.04%             | 2026-12-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSECURED 07/32 VAR                      | CUSIP: 61747YED3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $963407.54    | 0.03%             | 2032-07-21      | Floating      | 2.24%                 | No            |                  2 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST 2019-C17                                           | UBS COMMERCIAL MORTGAGE TRUST UBSCM 2019 C17 ASB           | CUSIP: 90278MAY3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4825811 | PA      | $4712290.29   | 0.13%             | 2052-10-15      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2019-2 CLASS AA PASS THROUGH TRUST                               | UNITED AIR 2019 2 AA PTT PASS THRU CE 11/33 2.7            | CUSIP: 90932JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1462725 | PA      | $1347441.08   | 0.04%             | 2033-11-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | GLOBAL PAYMENTS INC SR UNSECURED 11/32 5.2                 | CUSIP: 37940XAX0<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1456918.98   | 0.04%             | 2032-11-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| NORINCHUKIN BANK LTD                                                             | NORINCHUKIN BANK SR UNSECURED 144A 09/35 5.359             | CUSIP: 656029AQ8<br>LEI: 5493007VSMFZCPV1NB83 | Long             | DBT              | CORP              | JP        |   2900000 | PA      | $2887038.89   | 0.08%             | 2035-09-09      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES GROUP INC                                                 | PNC FINANCIAL SERVICES SR UNSECURED 01/28 VAR              | CUSIP: 693475BV6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1762208.65   | 0.05%             | 2028-01-21      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2015-79                                                        | FANNIE MAE FNR 2015 79 FE                                  | CUSIP: 3136AQKY5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    272617 | PA      | $268507.01    | 0.01%             | 2045-11-25      | Floating      | 4.03%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4438 FN 10/51 FIXED 2.5                        | CUSIP: 31418D4Y5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    518478 | PA      | $439812.29    | 0.01%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DD6411 FN 04/55 FIXED 6.5                        | CUSIP: 3140B7DR1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    765633 | PA      | $793076.86    | 0.02%             | 2055-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CSMC 2020-FACT TRUST                                                             | CREDIT SUISSE MORTGAGE TRUST CSMC 2020 FACT A 144A         | CUSIP: 126395AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5300000 | PA      | $5241272.82   | 0.14%             | 2037-10-15      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FA3564 FN 11/55 FIXED VAR                        | CUSIP: 3140W36A2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    647348 | PA      | $660301.74    | 0.02%             | 2055-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 3838                                                          | FREDDIE MAC FHR 3838 PF                                    | CUSIP: 3137AA3B7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     38700 | PA      | $38399.04     | 0.00%             | 2041-04-15      | Floating      | 4.24%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | US ULTRA BOND CBT JUN26 XCBT 20260618                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      -315 | NC      | $1324229.44   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4989                                                          | FREDDIE MAC FHR 4989 FA                                    | CUSIP: 3137FUKP8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    738008 | PA      | $725644.34    | 0.02%             | 2040-08-15      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC SR UNSECURED 11/33 VAR                        | CUSIP: 06738ECE3<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   9300000 | PA      | $10403069.19  | 0.28%             | 2033-11-02      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AL7203 FN 08/45 FIXED VAR                        | CUSIP: 3138EQAD4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1398501 | PA      | $1313955.83   | 0.04%             | 2045-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LSEG FINANCE PLC                                                                 | LSEG FINANCE PLC COMPANY GUAR 144A 04/28 2                 | CUSIP: 50220PAC7<br>LEI: 2138009YFYTGEHZNNZ09 | Long             | DBT              | CORP              | GB        |   1400000 | PA      | $1334062.31   | 0.04%             | 2028-04-06      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-52                                                        | FANNIE MAE FNR 2025 52 FB                                  | CUSIP: 3136BWUZ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4296082 | PA      | $4334614.39   | 0.12%             | 2055-07-25      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DC9630 FN 01/55 FIXED 6.5                        | CUSIP: 3140AXVY0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1575480 | PA      | $1629897.66   | 0.04%             | 2055-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA5422 FN 07/54 FIXED 6.5                        | CUSIP: 31418FAY3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    678730 | PA      | $702173.81    | 0.02%             | 2054-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SAMMONS FINANCIAL GROUP GLOBAL FUNDING                                           | SAMMONS FINANCIAL GLOBAL SECURED 144A 06/30 4.95           | CUSIP: 79587J2C6<br>LEI: 635400IPRNPM6HDHRS48 | Long             | DBT              | CORP              | US        |   5750000 | PA      | $5758703.83   | 0.16%             | 2030-06-12      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BANQUE FEDERATIVE DU CREDIT MUTUEL (BFCM)                                        | BANQUE FED CRED MUTUEL 144A 07/28 5.79                     | CUSIP: 06675FBB2<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   5550000 | PA      | $5695543.37   | 0.16%             | 2028-07-13      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2025-B                                          | SMB PRIVATE EDUCATION LOAN TRU SMB 2025 B A1A 144A         | CUSIP: 83208BAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2095240 | PA      | $2098333.46   | 0.06%             | 2053-03-17      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QE1102 FR 04/52 FIXED 2.5                | CUSIP: 3133BAGK1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1400210 | PA      | $1185358.85   | 0.03%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TRINITAS CLO VI LTD 2017-6A                                                      | TRINITAS CLO LTD TRNTS 2017 6A AR4 144A                    | CUSIP: 89640YBQ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2600000 | PA      | $2601989.29   | 0.07%             | 2034-01-25      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| ANDREW W MELLON FOUNDATION                                                       | ANDREW W MELLON FOUNDATI UNSECURED 08/27 0.947             | CUSIP: 03444RAB4<br>LEI: HVIJIPOQ5TXYVD3NET54 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $6728248.94   | 0.18%             | 2027-08-01      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA 144A 05/35 VAR                                     | CUSIP: 05571AAY1<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   1200000 | PA      | $1228024.68   | 0.03%             | 2035-05-30      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| AMEREN MISSOURI SECURITIZATION FUNDING I LLC                                     | AMEREN MISSOURI SEC FU I SR SECURED 10/41 4.85             | CUSIP: 023940AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3468555 | PA      | $3463668.15   | 0.09%             | 2041-10-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H30                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H30 FA             | CUSIP: 38376RKZ8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       640 | PA      | $642.68       | 0.00%             | 2061-08-20      | Floating      | 4.46%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE LOAN FUNDING LTD 2024-1A                                           | PALMER SQUARE LOAN FUNDING LTD PSTAT 2024 1A A1R 144A      | CUSIP: 69703NAJ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2600000 | PA      | $2599578.51   | 0.07%             | 2032-10-15      | Floating      | 4.46%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-87                                                        | FANNIE MAE FNR 2016 87 AF                                  | CUSIP: 3136AT6Z2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    111603 | PA      | $110932.35    | 0.00%             | 2046-11-25      | Floating      | 4.20%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REPO BANK AMERICA REPO                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        | 100000000 | PA      | $100000000.01 | 2.73%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AX5297 FN 01/42 FIXED 5                          | CUSIP: 3138Y63F9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     90852 | PA      | $91869.16     | 0.00%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD3942 FR 01/53 FIXED 4.5                | CUSIP: 3132E0LX8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3307107 | PA      | $3203307.30   | 0.09%             | 2053-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL GLOBAL FUNDING                                               | NORTHWESTERN MUTUAL GLBL SR SECURED 144A 03/29 4.4         | CUSIP: 66815L3A5<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |   7200000 | PA      | $7223336.35   | 0.20%             | 2029-03-30      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DB4023 FN 05/54 FIXED 6.5                        | CUSIP: 3140ADPH8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    840380 | PA      | $877371.40    | 0.02%             | 2054-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8266 FR 11/52 FIXED 4.5                | CUSIP: 3132DWFF5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  48691267 | PA      | $47215973.49  | 1.29%             | 2052-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NYO COMMERCIAL MORTGAGE TRUST 2021-1290                                          | NYO COMMERCIAL MORTGAGE TRUST NYO 2021 1290 A 144A         | CUSIP: 62955HAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  18000000 | PA      | $17972400.60  | 0.49%             | 2038-11-15      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QY1895 FR 04/55 FIXED 6.5                | CUSIP: 31426LC93<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    638183 | PA      | $660226.15    | 0.02%             | 2055-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD4115 FR 10/52 FIXED 4.5                | CUSIP: 3132E0SC7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2989133 | PA      | $2899487.37   | 0.08%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SL2994 FR 10/55 FIXED 6                  | CUSIP: 31427QKG6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    265375 | PA      | $275984.47    | 0.01%             | 2055-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SL2432 FR 08/55 FIXED 5.5                | CUSIP: 31427PV27<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    245736 | PA      | $251228.71    | 0.01%             | 2055-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 256555 FN 01/27 FIXED 5.5                        | CUSIP: 31371M5Q6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      2189 | PA      | $2200.72      | 0.00%             | 2027-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                      | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 01/29 6.1              | CUSIP: 694308KL0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1242113.17   | 0.03%             | 2029-01-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| GREENSAIF PIPELINES BIDCO SARL                                                   | GREENSAIF PIPELINES BIDC SR SECURED 144A 02/36 5.8528      | CUSIP: 39541EAD5<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |   1500000 | PA      | $1507032.00   | 0.04%             | 2036-02-23      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES K509                | FHLMC MULTIFAMILY STRUCTURED P FHMS K509 A2                | CUSIP: 3137HAST4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1400000 | PA      | $1421373.66   | 0.04%             | 2028-09-25      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 2.5 SINGLE FAMILY MORTGAGE                  | CUSIP: 01F022642<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1600000 | PA      | $1345500.00   | 0.04%             | 2056-04-13      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SL2984 FR 10/55 FIXED 5.5                | CUSIP: 31427QJ60<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    472346 | PA      | $482152.85    | 0.01%             | 2055-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HARVEST US CLO 2023-1 LTD                                                        | HARVEST US CLO LTD HARUS 2023 1A A1R 144A                  | CUSIP: 417923AL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   3700000 | PA      | $3697251.49   | 0.10%             | 2037-01-15      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD7204 FR 11/54 FIXED 5.5                | CUSIP: 3132DVAD7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     45276 | PA      | $46333.45     | 0.00%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEUBERGER BERMAN LOAN ADVISERS CLO 45 LTD 2021-45A                               | NEUBERGER BERMAN CLO LTD NEUB 2021 45A AR 144A             | CUSIP: 64134MAJ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2800000 | PA      | $2801803.03   | 0.08%             | 2036-10-14      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 190445 FN 03/55 FIXED VAR                        | CUSIP: 31368HP64<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2836036 | PA      | $2933993.03   | 0.08%             | 2055-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AN9215 FN 05/28 FIXED 3.43                       | CUSIP: 3138LNGZ8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     65000 | PA      | $64269.02     | 0.00%             | 2028-05-01      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QX9934 FR 04/55 FIXED 6.5                | CUSIP: 31426HBC6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    761429 | PA      | $788722.01    | 0.02%             | 2055-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PROVIDENCE ST JOSEPH HEALTH OBLIGATED GROUP                                      | PROV ST JOSEPH HLTH OBL SR UNSECURED 10/33 5.403           | CUSIP: 743820AC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3064948.77   | 0.08%             | 2033-10-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| HERTZ VEHICLE FINANCING III LLC 2023-4A                                          | HERTZ VEHICLE FINANCING LLC HERTZ 2023 4A A 144A           | CUSIP: 42806MCE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3400000 | PA      | $3539318.06   | 0.10%             | 2030-03-25      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING GROEP NV SR UNSECURED 03/35 VAR                        | CUSIP: 456837BM4<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   2000000 | PA      | $2032226.18   | 0.06%             | 2035-03-19      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FA2807 FN 01/49 FIXED VAR                        | CUSIP: 3140W3DM8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  10539553 | PA      | $10099358.41  | 0.28%             | 2049-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BV8024 FN 08/52 FIXED 4                          | CUSIP: 3140MM4J4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1664265 | PA      | $1578864.91   | 0.04%             | 2052-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORINCHUKIN BANK LTD                                                             | NORINCHUKIN BANK SR UNSECURED 144A 03/36 5.356             | CUSIP: 656029AS4<br>LEI: 5493007VSMFZCPV1NB83 | Long             | DBT              | CORP              | JP        |   2900000 | PA      | $2871080.42   | 0.08%             | 2036-03-10      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2025-C32                                                    | BARCLAYS COMMERCIAL MORTGAGE S BBCMS 2025 C32 A4           | CUSIP: 07337AAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3300000 | PA      | $3390559.92   | 0.09%             | 2062-02-15      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                      | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 03/34 6.95             | CUSIP: 694308KP1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2958110.15   | 0.08%             | 2034-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2025-A                                          | SMB PRIVATE EDUCATION LOAN TRU SMB 2025 A A1A 144A         | CUSIP: 83207EAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4099714 | PA      | $4133044.78   | 0.11%             | 2054-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DC1355 FN 09/54 FIXED 6.5                        | CUSIP: 3140ANQH5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    994797 | PA      | $1029157.20   | 0.03%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2016-BNK1                                  | WELLS FARGO COMMERCIAL MORTGAG WFCM 2016 BNK1 A3           | CUSIP: 95000GAY0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1600000 | PA      | $1590881.28   | 0.04%             | 2049-08-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.00000 02/12/25-30Y LCH                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $4057200.24   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| NISSAN AUTO LEASE TRUST 2024-A                                                   | NISSAN AUTO LEASE TRUST NALT 2024 A A4                     | CUSIP: 65481CAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2200000 | PA      | $2205176.82   | 0.06%             | 2028-09-15      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RJ0049 FR 10/53 FIXED 5                  | CUSIP: 3142GQBT8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   9546465 | PA      | $9450494.20   | 0.26%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2005-21                                                               | FANNIE MAE FNR 2005 21 FM                                  | CUSIP: 31394CTW2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     14750 | PA      | $14667.14     | 0.00%             | 2035-03-25      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RJ5228 FR 11/55 FIXED 5.5                | CUSIP: 3142GVY21<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    642558 | PA      | $657329.21    | 0.02%             | 2055-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSECURED 04/30 VAR                      | CUSIP: 61747YFQ3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2057754.66   | 0.06%             | 2030-04-18      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| SWEPCO STORM RECOVERY FUNDING LLC                                                | SWEPCO STORM RECOVERY FU SR SECURED 09/41 4.88             | CUSIP: 870696AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5372440 | PA      | $5372714.87   | 0.15%             | 2041-09-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BANK 2025-BNK51                                                                  | BANK BANK 2025 BNK51 ASB                                   | CUSIP: 06541HAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2078500 | PA      | $2107613.55   | 0.06%             | 2067-12-25      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AA9716 FN 07/39 FIXED 5                          | CUSIP: 31416TYN3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     63577 | PA      | $64288.65     | 0.00%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2023-4                        | GM FINANCIAL SECURITIZED TERM GMCAR 2023 4 A4              | CUSIP: 379930AE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5093602.00   | 0.14%             | 2029-02-16      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DD7358 FN 04/55 FIXED 6.5                        | CUSIP: 3140B8E80<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    810330 | PA      | $838319.22    | 0.02%             | 2055-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BMO 2025-C13 MORTGAGE TRUST                                                      | BMO MORTGAGE TRUST BMO 2025 C13 A4                         | CUSIP: 05592YAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2400000 | PA      | $2391086.40   | 0.07%             | 2058-10-15      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFE GLOBAL FUNDING II                                                   | PACIFIC LIFE GF II SECURED 144A 07/32 4.875                | CUSIP: 6944PL3L1<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3615220.73   | 0.10%             | 2032-07-17      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FORD CREDIT AUTO OWNER TRUST 2023-REV2                                           | FORD CREDIT AUTO OWNER TRUST/F FORDR 2023 2 A 144A         | CUSIP: 34535CAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3800000 | PA      | $3887795.20   | 0.11%             | 2036-02-15      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AL5853 FN 05/44 FIXED VAR                        | CUSIP: 3138ENQF9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    112940 | PA      | $115557.64    | 0.00%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WESTERN-SOUTHERN GLOBAL FUNDING                                                  | WESTERN SOUTHERN GLOBAL SECURED 144A 12/32 4.7             | CUSIP: 95954A2C6<br>LEI: 635400PFYEGVSGK4VB37 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3413430.51   | 0.09%             | 2032-12-10      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4804 FN 11/52 FIXED 4                          | CUSIP: 31418EKS8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    319058 | PA      | $301765.21    | 0.01%             | 2052-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BZ3419 FN 03/30 FIXED 4.32                       | CUSIP: 3140NXYR8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2359000 | PA      | $2371319.48   | 0.06%             | 2030-03-01      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FA3584 FN 11/55 FIXED VAR                        | CUSIP: 3140W36W4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3915757 | PA      | $4070788.12   | 0.11%             | 2055-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-100                                                       | FANNIE MAE FNR 2016 100 WF                                 | CUSIP: 3136AUH53<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1308461 | PA      | $1300248.71   | 0.04%             | 2047-01-25      | Floating      | 4.30%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT COMPANY                                                    | FLORIDA POWER + LIGHT CO 1ST MORTGAGE 06/29 5.15           | CUSIP: 341081GT8<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3078273.36   | 0.08%             | 2029-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST  2019-COR6                            | JPMDB COMMERCIAL MORTGAGE SECU JPMDB 2019 COR6 ASB         | CUSIP: 48129RAZ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2304355 | PA      | $2252269.12   | 0.06%             | 2052-11-13      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO GAS & ELECTRIC COMPANY                                                 | SAN DIEGO G + E 1ST MORTGAGE 04/35 5.4                     | CUSIP: 797440CG7<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3052393.20   | 0.08%             | 2035-04-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL GLOBAL FUNDING                                               | NORTHWESTERN MUTUAL GLBL SECURED 144A 01/30 4.96           | CUSIP: 66815L2U2<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1317761.43   | 0.04%             | 2030-01-13      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| WEIR GROUP INC                                                                   | WEIR GROUP INC COMPANY GUAR 144A 05/30 5.35                | CUSIP: 94877DAA2<br>LEI: 2138009WEPEV2V98AV65 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2940338.77   | 0.08%             | 2030-05-06      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5115                                                          | FREDDIE MAC FHR 5115 CD                                    | CUSIP: 3137H0VA3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1575034 | PA      | $1372482.19   | 0.04%             | 2044-08-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TSY INFL IX N/B 01/35 2.125                                | CUSIP: 91282CML2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  46372500 | PA      | $47170599.48  | 1.29%             | 2035-01-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2025-V14 MORTGAGE TRUST                                                | BENCHMARK MORTGAGE TRUST BMARK 2025 V14 A4                 | CUSIP: 08164BAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7400000 | PA      | $7647857.08   | 0.21%             | 2057-04-15      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST                        | AERCAP IRELAND CAP/GLOBA COMPANY GUAR 10/26 2.45           | CUSIP: 00774MAV7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   1000000 | PA      | $989144.46    | 0.03%             | 2026-10-29      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB2929 FN 02/52 FIXED 3                          | CUSIP: 3140QNHF2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    290057 | PA      | $257324.54    | 0.01%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BV7912 FN 08/52 FIXED 2.5                        | CUSIP: 3140MMYJ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8575597 | PA      | $7253166.61   | 0.20%             | 2052-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 257057 FN 01/28 FIXED 5                          | CUSIP: 31371NQJ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      3619 | PA      | $3623.97      | 0.00%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | LLOYDS BANKING GROUP PLC SR UNSECURED 11/28 VAR            | CUSIP: 539439AQ2<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   4800000 | PA      | $4735913.71   | 0.13%             | 2028-11-07      | Floating      | 3.57%                 | No            |                  2 | On Loan: No      |
| NBN CO LIMITED                                                                   | NBN CO LTD SR UNSECURED 144A 10/29 4.25                    | CUSIP: 62878U2J0<br>LEI: 2549007CRZ2NT7S96A24 | Long             | DBT              | CORP              | AU        |   1400000 | PA      | $1396494.47   | 0.04%             | 2029-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QX9932 FR 04/55 FIXED 6.5                | CUSIP: 31426HBA0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    665295 | PA      | $688667.80    | 0.02%             | 2055-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | SUTTER HEALTH UNSECURED 08/32 5.213                        | CUSIP: 86944BAP8<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2151746.00   | 0.06%             | 2032-08-15      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDING II                                                     | MASSMUTUAL GLOBAL FUNDIN SR SECURED 144A 01/29 4.85        | CUSIP: 57629W5B2<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |   8400000 | PA      | $8511454.73   | 0.23%             | 2029-01-17      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFE GLOBAL FUNDING II                                                   | PACIFIC LIFE GF II SECURED 144A 08/29 4.5                  | CUSIP: 6944PL3C1<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |   5150000 | PA      | $5152366.99   | 0.14%             | 2029-08-28      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08687 FG 01/46 FIXED 3.5                | CUSIP: 3128MJXR6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     42590 | PA      | $40009.67     | 0.00%             | 2046-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ALABAMA ECONOMIC SETTLEMENT AUTHORITY                                            | ALABAMA ECON SETTLEMENT AUTH B ABMGEN 09/32 FIXED 4.263    | CUSIP: 01026CAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3545000 | PA      | $3515641.02   | 0.10%             | 2032-09-15      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2023-4                                                   | CARMAX AUTO OWNER TRUST CARMX 2023 4 A3                    | CUSIP: 14318XAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4660920 | PA      | $4707986.63   | 0.13%             | 2028-07-17      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5050                                                          | FREDDIE MAC FHR 5050 YA                                    | CUSIP: 3137F7TN5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1313929 | PA      | $1221434.12   | 0.03%             | 2046-01-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AD0362 FN 10/39 FIXED VAR                        | CUSIP: 31418MML3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     27378 | PA      | $28151.92     | 0.00%             | 2039-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CA4979 FN 01/50 FIXED 3                          | CUSIP: 3140QCQ90<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    156532 | PA      | $139249.78    | 0.00%             | 2050-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                                          | BANK OF NOVA SCOTIA SR UNSECURED 09/28 VAR                 | CUSIP: 06418GAL1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $999233.67    | 0.03%             | 2028-09-08      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                             | GNMA II POOL MB0619 G2 09/55 FIXED 3.5                     | CUSIP: 3618N5VM8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        | 114199903 | PA      | $104825536.03 | 2.86%             | 2055-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08803 FG 03/48 FIXED 3                  | CUSIP: 3128MJ3M0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   7612730 | PA      | $6834673.46   | 0.19%             | 2048-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SCE RECOVERY FUNDING LLC                                                         | SCE RECOVERY FUNDING LLC SR SECURED 03/36 4.453            | CUSIP: 78433LAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7400000 | PA      | $7331964.77   | 0.20%             | 2036-03-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | ATHENE GLOBAL FUNDING SR SECURED 144A 08/26 4.86           | CUSIP: 04685A4A6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   6700000 | PA      | $6711355.29   | 0.18%             | 2026-08-27      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| AMAZONCOM INC                                                                    | AMAZON.COM INC SR UNSECURED 03/33 4.55                     | CUSIP: 023135DE3<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |  11000000 | PA      | $10897339.64  | 0.30%             | 2033-03-13      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BZ3619 FN 04/30 FIXED 4.6                        | CUSIP: 3140NYAV3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8700000 | PA      | $8810042.56   | 0.24%             | 2030-04-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| JACKSON NATIONAL LIFE GLOBAL FUNDING                                             | JACKSON NATL LIFE GLOBAL SECURED 144A 10/29 4.6            | CUSIP: 46849LVB4<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2676576.12   | 0.07%             | 2029-10-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| DRYDEN 95 CLO LTD                                                                | DRYDEN SENIOR LOAN FUND DRSLF 2021 95A AR 144A             | CUSIP: 262487AJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3600000 | PA      | $3600795.67   | 0.10%             | 2034-08-20      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QF4602 FR 12/52 FIXED 2.5                | CUSIP: 3133BSDF6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     43984 | PA      | $37180.89     | 0.00%             | 2052-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | COMMONSPIRIT HEALTH SR SECURED 10/30 2.782                 | CUSIP: 20268JAF0<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |   4700000 | PA      | $4324496.04   | 0.12%             | 2030-10-01      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDING II                                                     | MASSMUTUAL GLOBAL FUNDIN SECURED 144A 01/30 4.95           | CUSIP: 57629TBV8<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3034461.09   | 0.08%             | 2030-01-10      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS2619 FN 08/52 FIXED VAR                        | CUSIP: 3140XH4D6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    822369 | PA      | $815065.66    | 0.02%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 3034                                                          | FREDDIE MAC FHR 3034 FL                                    | CUSIP: 31396AJG0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      3978 | PA      | $3968.52      | 0.00%             | 2035-09-15      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 06/32 4                                    | CUSIP: 91282CNJ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  17600000 | PA      | $17523000.00  | 0.48%             | 2032-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2025-C32                                                    | BARCLAYS COMMERCIAL MORTGAGE S BBCMS 2025 C32 A5           | CUSIP: 07337AAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1700000 | PA      | $1777847.76   | 0.05%             | 2062-02-15      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BR6304 FN 04/51 FIXED 2.5                        | CUSIP: 3140L5AE6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3508421 | PA      | $2955031.74   | 0.08%             | 2051-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HOLDINGS PLC                                                  | SANTANDER UK GROUP HLDGS SR UNSECURED 11/28 VAR            | CUSIP: 80281LAG0<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |   4000000 | PA      | $3949903.00   | 0.11%             | 2028-11-03      | Floating      | 3.82%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2013-H25                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2013 H25 SA             | CUSIP: 38375UBF6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     36372 | PA      | $36536.97     | 0.00%             | 2063-10-20      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QF0923 FR 09/52 FIXED 2.5                | CUSIP: 3133BNAY9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    357476 | PA      | $301960.17    | 0.01%             | 2052-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS6048 FN 02/53 FIXED VAR                        | CUSIP: 3140XMWJ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2518099 | PA      | $2497307.00   | 0.07%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COMM MORTGAGE TRUST 2019-GC44                                                    | COMM MORTGAGE TRUST COMM 2019 GC44 ASB                     | CUSIP: 12655TBJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1202677 | PA      | $1174750.75   | 0.03%             | 2057-08-15      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS8790 FN 07/54 FIXED VAR                        | CUSIP: 3140XQXU6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    809758 | PA      | $839662.16    | 0.02%             | 2054-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AS0837 FN 10/43 FIXED 5                          | CUSIP: 3138W94X5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    184478 | PA      | $186147.39    | 0.01%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BV8126 FN 04/52 FIXED 2.5                        | CUSIP: 3140MNA48<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8802017 | PA      | $7448634.01   | 0.20%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST 2018-B2                                                 | BENCHMARK MORTGAGE TRUST BMARK 2018 B2 ASB                 | CUSIP: 08161CAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    302779 | PA      | $301518.52    | 0.01%             | 2051-02-15      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-84                                                        | FANNIE MAE FNR 2016 84 DF                                  | CUSIP: 3136AUKR1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1106824 | PA      | $1085122.88   | 0.03%             | 2046-11-25      | Floating      | 4.22%                 | No            |                  2 | On Loan: No      |
| LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES & COMMUNITY DEVELOPMENT AUTH | LOUISIANA ST LOCAL GOVT ENVRNM LASGOV 02/33 FIXED 4.145    | CUSIP: 54627RAM2<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4380511.52   | 0.12%             | 2033-02-01      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| PG&E RECOVERY FUNDING LLC                                                        | PG+E RECOVERY FND LLC SR SECURED 06/35 4.838               | CUSIP: 71710TAG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6552548 | PA      | $6653033.53   | 0.18%             | 2035-06-01      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RJ0137 FR 12/53 FIXED 5                  | CUSIP: 3142GQEK4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  13704302 | PA      | $13549655.34  | 0.37%             | 2053-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QD7266 FR 02/52 FIXED 2.5                | CUSIP: 3133B5CB6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1089583 | PA      | $922387.18    | 0.03%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AT2016 FN 04/43 FIXED 3                          | CUSIP: 3138WPG24<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    291770 | PA      | $267246.64    | 0.01%             | 2043-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ENI SPA                                                                          | ENI SPA SR UNSECURED 144A 05/34 5.5                        | CUSIP: 26874RAN8<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | DBT              | CORP              | IT        |   8100000 | PA      | $8300447.30   | 0.23%             | 2034-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QE8026 FR 08/52 FIXED 2.5                | CUSIP: 3133BH4K9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    218474 | PA      | $184534.16    | 0.01%             | 2052-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BQ3719 FN 09/50 FIXED 3                          | CUSIP: 3140KPDZ3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     94044 | PA      | $82756.32     | 0.00%             | 2050-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2023-1                                       | VOLKSWAGEN AUTO LOAN ENHANCED VALET 2023 1 A3              | CUSIP: 92867WAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1998832 | PA      | $2006848.72   | 0.05%             | 2028-06-20      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| GUARDIAN LIFE GLOBAL FUNDING                                                     | GUARDIAN LIFE GLOB FUND SR SECURED 144A 10/28 5.737        | CUSIP: 40139LBH5<br>LEI: 635400NHILJ5JEKILC36 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6195436.98   | 0.17%             | 2028-10-02      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| BETHP-2021-1A                                                                    | BETHPAGE PARK CLO LTD BETHP 2021 1A A 144A                 | CUSIP: 087598AA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5691000 | PA      | $5697686.24   | 0.16%             | 2035-01-15      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| PUGET SOUND ENERGY INC                                                           | PUGET SOUND ENERGY INC SR SECURED 06/34 5.33               | CUSIP: 745332CM6<br>LEI: 8MNFJR7KOMBQ7X62LK44 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1942550.61   | 0.05%             | 2034-06-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL GLOBAL FUNDING                                               | NORTHWESTERN MUTUAL GLBL SECURED 144A 06/28 4.9            | CUSIP: 66815L2M0<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4046236.72   | 0.11%             | 2028-06-12      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | CITIGROUP REPO REPO                     5807               | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |  13300000 | PA      | $13300000.00  | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2010-107                                                       | FANNIE MAE FNR 2010 107 KF                                 | CUSIP: 31398NKX1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    183411 | PA      | $180433.14    | 0.00%             | 2036-03-25      | Floating      | 4.18%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 6 SINGLE FAMILY MORTGAGE                    | CUSIP: 01F060667<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        | -18200000 | PA      | $-18525464.78 | -0.50%            | 2056-06-11      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 6.5 SINGLE FAMILY MORTGAGE                  | CUSIP: 01F062655<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   7600000 | PA      | $7856588.08   | 0.21%             | 2056-05-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2019-C51                                   | WELLS FARGO COMMERCIAL MORTGAG WFCM 2019 C51 A4            | CUSIP: 95001VAU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4750000 | PA      | $4534276.85   | 0.12%             | 2052-06-15      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 05/37 FIXED OID 4.375 | CUSIP: 64972JLP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3885000 | PA      | $3743233.63   | 0.10%             | 2037-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QE1488 FR 04/52 FIXED 2.5                | CUSIP: 3133BAUM1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    564210 | PA      | $478430.15    | 0.01%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H08                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H08 FD             | CUSIP: 38375UVD9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1114109 | PA      | $1115057.60   | 0.03%             | 2065-03-20      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| VERIZON MASTER TRUST 2024-7                                                      | VERIZON MASTER TRUST VZMT 2024 7 A 144A                    | CUSIP: 92348KDJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7500000 | PA      | $7533688.50   | 0.21%             | 2032-08-20      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| EASTERN ENERGY GAS HOLDINGS LLC                                                  | EASTERN ENERGY GAS SR UNSECURED 01/35 5.8                  | CUSIP: 27636AAB8<br>LEI: 549300BFOD6TDMVV4O24 | Long             | DBT              | CORP              | US        |   4100000 | PA      | $4253968.49   | 0.12%             | 2035-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE LLC                                                             | BAYER US FINANCE LLC COMPANY GUAR 144A 11/33 6.5           | CUSIP: 07274EAL7<br>LEI: 54930093Q75GSEM74I71 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1914932.14   | 0.05%             | 2033-11-21      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8291 FR 11/52 FIXED 2.5                | CUSIP: 3132DWF81<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    262815 | PA      | $221842.01    | 0.01%             | 2052-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                              | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/31 FIXED 2.787    | CUSIP: 38122ND25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $909737.70    | 0.02%             | 2031-06-01      | Fixed         | 2.79%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8488 FR 01/55 FIXED 4                  | CUSIP: 3132DWND1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  10655988 | PA      | $10065323.50  | 0.27%             | 2055-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FIRST AMERICAN FINANCIAL CORPORATION                                             | FIRST AMERICAN FINANCIAL SR UNSECURED 08/31 2.4            | CUSIP: 31847RAH5<br>LEI: 549300B6VEZK3N0A1P55 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1810034.52   | 0.05%             | 2031-08-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| JACKSON NATIONAL LIFE GLOBAL FUNDING                                             | JACKSON NATL LIFE GLOBAL SECURED 144A 06/28 4.7            | CUSIP: 46849CJP7<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |   5600000 | PA      | $5599241.65   | 0.15%             | 2028-06-05      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BOYCE PARK CLO LLC 2022-1A                                                       | BOYCE PARK CLO, LLC BOYCE 2022 1A A1R 144A                 | CUSIP: 103228AN2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   8500000 | PA      | $8502508.35   | 0.23%             | 2035-04-21      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QX9880 FR 04/55 FIXED 6.5                | CUSIP: 31426G6S9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    737119 | PA      | $762727.32    | 0.02%             | 2055-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | US 10YR NOTE (CBT)JUN26 XCBT 20260618                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      1963 | NC      | $-3980957.71  | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8265 FR 11/52 FIXED 4                  | CUSIP: 3132DWFE8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  30723793 | PA      | $29045869.52  | 0.79%             | 2052-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FM8692 FN 09/51 FIXED VAR                        | CUSIP: 3140XCUS5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    225237 | PA      | $189708.89    | 0.01%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP 2023-8A LLC                                 | AVIS BUDGET RENTAL CAR FUNDING AESOP 2023 8A A 144A        | CUSIP: 05377RHM9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3500000 | PA      | $3633786.80   | 0.10%             | 2030-02-20      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2017-H01                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2017 H01 FC             | CUSIP: 38376RN85<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    901932 | PA      | $907809.92    | 0.02%             | 2066-12-20      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SL2806 FR 09/55 FIXED 5.5                | CUSIP: 31427QDL3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    193077 | PA      | $197571.69    | 0.01%             | 2055-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QI8203 FR 06/54 FIXED 6.5                | CUSIP: 3133WFDG9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    746732 | PA      | $779601.72    | 0.02%             | 2054-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-40                                                        | FANNIE MAE FNR 2016 40 AF                                  | CUSIP: 3136ASK88<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     56416 | PA      | $56049.00     | 0.00%             | 2046-07-25      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| OHIO EDISON COMPANY                                                              | OHIO EDISON CO SR UNSECURED 144A 12/29 4.95                | CUSIP: 677347CJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1516751.97   | 0.04%             | 2029-12-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| OZLM XXIV LTD 2019-24A                                                           | OZLM LTD OZLM 2019 24A A1AR 144A                           | CUSIP: 67113DAW4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1074969 | PA      | $1076117.00   | 0.03%             | 2032-07-20      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5511                                                          | FREDDIE MAC FHR 5511 FG                                    | CUSIP: 3137HKKP8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2660185 | PA      | $2679369.87   | 0.07%             | 2055-03-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8299 FR 02/53 FIXED 5                  | CUSIP: 3132DWGG2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  15405840 | PA      | $15276258.92  | 0.42%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WORLD OMNI AUTO RECEIVABLES TRUST 2023-C                                         | WORLD OMNI AUTO RECEIVABLES TR WOART 2023 C A3             | CUSIP: 98164FAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1079298 | PA      | $1084476.45   | 0.03%             | 2028-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BMO 2024-5C7 MORTGAGE TRUST                                                      | BMO MORTGAGE TRUST BMO 2024 5C7 A3                         | CUSIP: 09660WAU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7000000 | PA      | $7193708.20   | 0.20%             | 2057-11-15      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL REVOLVING RECEIVABLES TRUST 2024-2                                  | GM FINANCIAL REVOLVING RECEIVA GMREV 2024 2 A 144A         | CUSIP: 379925AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6700000 | PA      | $6763004.12   | 0.18%             | 2037-03-11      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DD5573 FN 03/55 FIXED 6.5                        | CUSIP: 3140B6FP5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    310561 | PA      | $323819.87    | 0.01%             | 2055-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FA3012 FN 09/55 FIXED VAR                        | CUSIP: 3140W3K24<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    379601 | PA      | $388415.44    | 0.01%             | 2055-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2025-C35                                                    | BARCLAYS COMMERCIAL MORTGAGE S BBCMS 2025 C35 A5           | CUSIP: 07337DAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2400000 | PA      | $2493272.40   | 0.07%             | 2058-07-15      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FA2921 FN 09/55 FIXED VAR                        | CUSIP: 3140W3G78<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    269274 | PA      | $274361.47    | 0.01%             | 2055-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2020-PTA                                        | SMB PRIVATE EDUCATION LOAN TRU SMB 2020 PTA A2B 144A       | CUSIP: 78449VAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    351066 | PA      | $350228.53    | 0.01%             | 2054-09-15      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BW7326 FN 09/52 FIXED 4                          | CUSIP: 3140N0D85<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2548295 | PA      | $2415766.93   | 0.07%             | 2052-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TRANS-ALLEGHENY INTERSTATE LINE COMPANY                                          | TRANS ALLEGHENY INTERSTA SR UNSECURED 144A 01/31 5         | CUSIP: 893045AF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3658664.02   | 0.10%             | 2031-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST 2015-C22                      | MORGAN STANLEY BAML TRUST MSBAM 2015 C22 A4                | CUSIP: 61690FAM5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    285559 | PA      | $281815.30    | 0.01%             | 2048-04-15      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H17                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H17 FM             | CUSIP: 38376RXJ0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       465 | PA      | $463.56       | 0.00%             | 2066-08-20      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL FUNDING                                                   | PROTECTIVE LIFE GLOBAL SECURED 144A 04/26 1.618            | CUSIP: 74368CBC7<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2997117.66   | 0.08%             | 2026-04-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RJ5158 FR 11/55 FIXED 5.5                | CUSIP: 3142GVWU1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1015595 | PA      | $1035836.11   | 0.03%             | 2055-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2018-C45                                   | WELLS FARGO COMMERCIAL MORTGAG WFCM 2018 C45 ASB           | CUSIP: 95001NAW8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    592281 | PA      | $591159.35    | 0.02%             | 2051-06-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-97                                                        | FANNIE MAE FNR 2016 97 CF                                  | CUSIP: 3136AUPW5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    867135 | PA      | $849899.46    | 0.02%             | 2056-12-25      | Floating      | 4.22%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FM1843 FN 11/34 FIXED VAR                        | CUSIP: 3140X5BM4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1303733 | PA      | $1277361.93   | 0.03%             | 2034-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | GOLDMAN SACHS GROUP INC SR UNSECURED 06/28 VAR             | CUSIP: 38141GWL4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   7175000 | PA      | $7112788.23   | 0.19%             | 2028-06-05      | Floating      | 3.69%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H07                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H07 FE             | CUSIP: 38376RRG3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    682292 | PA      | $687424.74    | 0.02%             | 2066-03-20      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY CARD ISSUANCE TRUST 2023-A2                                            | SYNCHRONY CARD ISSUANCE TRUST SYNIT 2023 A2 A              | CUSIP: 87166PAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $5044573.50   | 0.14%             | 2029-10-15      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FM3004 FN 01/46 FIXED VAR                        | CUSIP: 3140X6KS9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  19581248 | PA      | $18852917.09  | 0.51%             | 2046-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2021-21M                                            | BX TRUST BX 2021 21M A 144A                                | CUSIP: 05609CAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    476028 | PA      | $475791.85    | 0.01%             | 2036-10-15      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL GLOBAL FUNDING                                             | BRIGHTHSE FIN GLBL FUND SR SECURED 144A 06/29 5.65         | CUSIP: 10921U2L1<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3022785.27   | 0.08%             | 2029-06-10      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| VIRGINIA POWER FUEL SECURITIZATION LLC                                           | VIRGINIA POWER FUEL SEC SR SECURED 05/29 5.088             | CUSIP: 92808VAA0<br>LEI: 254900BELJ95ONW6U791 | Long             | DBT              | CORP              | US        |   2404893 | PA      | $2416834.13   | 0.07%             | 2029-05-01      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AD4085 FN 05/40 FIXED 5                          | CUSIP: 31418RRF0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     65274 | PA      | $66004.54     | 0.00%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF RIVERSIDE CA ELECTRIC REVENUE                                            | RIVERSIDE CA ELEC REVENUE RIVPWR 10/40 FIXED 7.605         | CUSIP: 768874SG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $596063.60    | 0.02%             | 2040-10-01      | Fixed         | 7.61%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS3425 FN 09/52 FIXED VAR                        | CUSIP: 3140XJYX5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1260051 | PA      | $1223039.57   | 0.03%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE                    | CUSIP: 01F040644<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  38034230 | PA      | $35895109.60  | 0.98%             | 2056-04-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4638                                                          | FREDDIE MAC FHR 4638 FA                                    | CUSIP: 3137BTH38<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1223722 | PA      | $1211567.35   | 0.03%             | 2040-07-15      | Floating      | 4.24%                 | No            |                  2 | On Loan: No      |
| THE DEPOSITORY TRUST COMPANY                                                     | DEPOSITORY TRUST COMPANY SR UNSECURED 144A 03/31 4.55      | CUSIP: 249672AA4<br>LEI: 549300HBJLRO8YFMI370 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1002481.12   | 0.03%             | 2031-03-27      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                             | GNMA II TBA 30 YR 6 JUMBOS                                 | CUSIP: 21H060655<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  51900000 | PA      | $52717503.37  | 1.44%             | 2056-05-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REPO BANK AMERICA REPO                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        | 100000000 | PA      | $100000000.00 | 2.73%             |  |  |  | No            |                  2 | On Loan: No      |
| KKR CLO LTD 21                                                                   | KKR FINANCIAL CLO LTD KKR 21 A 144A                        | CUSIP: 48252KAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    385386 | PA      | $385768.08    | 0.01%             | 2031-04-15      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MORGAN STANLEY SR UNSECURED 01/28 VAR                      | CUSIP: 61747YEK7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  16100000 | PA      | $15849657.88  | 0.43%             | 2028-01-21      | Floating      | 2.48%                 | No            |                  2 | On Loan: No      |
| LINCOLN FINANCIAL GLOBAL FUNDING                                                 | LINCOLN FIN GLBL FUNDING SECURED 144A 08/30 4.625          | CUSIP: 53359KAC5<br>LEI: 984500OC010458395923 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1981217.18   | 0.05%             | 2030-08-18      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 2.5 SINGLE FAMILY MORTGAGE                  | CUSIP: 01F022659<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  76600000 | PA      | $64382899.01  | 1.75%             | 2056-05-13      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2020-MKST                 | JP MORGAN CHASE COMMERCIAL MOR JPMCC 2020 MKST A 144A      | CUSIP: 46652DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6000000 | PA      | $2760000.00   | 0.08%             | 2036-12-15      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| BON SECOURS MERCY HEALTH INC                                                     | BON SECOURS MERCY SECURED 06/30 3.464                      | CUSIP: 09778PAA3<br>LEI: 5493006NA7JSVYYYF398 | Long             | DBT              | CORP              | US        |  12000000 | PA      | $11625971.16  | 0.32%             | 2030-06-01      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AD8950 FN 07/40 FIXED 5                          | CUSIP: 31418W5L0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     31320 | PA      | $31595.77     | 0.00%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA AUTO TRUST 2023-1A                                               | BANK OF AMERICA AUTO TRUST BAAT 2023 1A A4 144A            | CUSIP: 06428AAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5250000 | PA      | $5291319.60   | 0.14%             | 2029-07-16      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5042                                                          | FREDDIE MAC FHR 5042 CA                                    | CUSIP: 3137F66L6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3056856 | PA      | $2866409.99   | 0.08%             | 2040-12-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| CVS PASS-THROUGH TRUST                                                           | CVS PASS THROUGH TRUST PASS THRU CE 144A 01/32 7.507       | CUSIP: 126650BS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    735822 | PA      | $777174.93    | 0.02%             | 2032-01-10      | Fixed         | 7.51%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4512 FN 01/52 FIXED 2.5                        | CUSIP: 31418EAN0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     24684 | PA      | $20927.22     | 0.00%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H07                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H07 FM             | CUSIP: 38376RRJ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      7410 | PA      | $7449.72      | 0.00%             | 2066-02-20      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08591 FG 06/44 FIXED 3.5                | CUSIP: 3128MJUR9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     66662 | PA      | $62744.93     | 0.00%             | 2044-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ATLAS SENIOR LOAN FUND LTD 2021-18A                                              | ATLAS SENIOR LOAN FUND LTD ATCLO 2021 18A A1R 144A         | CUSIP: 04943EAQ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1997500.14   | 0.05%             | 2035-01-18      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL Q51371 FG 10/47 FIXED 3                  | CUSIP: 3132XTQZ4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    475374 | PA      | $429774.45    | 0.01%             | 2047-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PRICOA GLOBAL FUNDING I                                                          | PRICOA GLOBAL FUNDING 1 SECURED 144A 08/31 4.65            | CUSIP: 74153WCV9<br>LEI: 635400IBXEBMD9ADYA79 | Long             | DBT              | CORP              | US        |   4300000 | PA      | $4276986.62   | 0.12%             | 2031-08-27      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| AREIT TRUST 2022-CRE7                                                            | AREIT CRE TRUST AREIT 2022 CRE7 A 144A                     | CUSIP: 00217VAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1646315 | PA      | $1647193.79   | 0.04%             | 2039-06-17      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION                         | NATIONAL RURAL UTIL COOP SR UNSECURED 05/27 5.1            | CUSIP: 63743HFR8<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5041136.60   | 0.14%             | 2027-05-06      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 5.5 SINGLE FAMILY MORTGAGE                  | CUSIP: 01F052656<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        | -18200000 | PA      | $-18260366.67 | -0.50%            | 2056-05-13      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ECMC GROUP STUDENT LOAN TRUST 2018-2A                                            | ECMC GROUP STUDENT LOAN TRUST ECMC 2018 2A A 144A          | CUSIP: 26829GAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3481734 | PA      | $3452501.50   | 0.09%             | 2068-09-25      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| JETBLUE 2019-1 CLASS AA PASS THROUGH TRUST                                       | JETBLUE 2019 1 CLASS AA PASS THRU CE 11/33 2.75            | CUSIP: 477143AH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5756514 | PA      | $5114134.51   | 0.14%             | 2033-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP INC                                                       | MIZUHO FINANCIAL GROUP SR UNSECURED 09/31 VAR              | CUSIP: 60687YBL2<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |   2000000 | PA      | $1775896.62   | 0.05%             | 2031-09-08      | Floating      | 1.98%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FM3241 FN 03/50 FIXED VAR                        | CUSIP: 3140X6S77<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  12378763 | PA      | $11077064.54  | 0.30%             | 2050-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ATCLO-2021-17A                                                                   | ATLAS SENIOR LOAN FUND LTD ATCLO 2021 17A AR 144A          | CUSIP: 04942FAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $999864.70    | 0.03%             | 2034-10-20      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8283 FR 11/52 FIXED 2.5                | CUSIP: 3132DWFY4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    826404 | PA      | $698056.10    | 0.02%             | 2052-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | FISERV INC SR UNSECURED 03/30 4.75                         | CUSIP: 337738BM9<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4956994.25   | 0.14%             | 2030-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY COMPANY                                                         | CONSUMERS ENERGY CO 1ST MORTGAGE 02/29 4.9                 | CUSIP: 210518DV5<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2033632.28   | 0.06%             | 2029-02-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | WELLS FARGO + COMPANY SR UNSECURED 04/31 VAR               | CUSIP: 95000U2L6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9916554.70   | 0.27%             | 2031-04-04      | Floating      | 4.48%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FUNDING LIMITED                                                  | AVOLON HOLDINGS FNDG LTD COMPANY GUAR 144A 04/33 4.85      | CUSIP: 05401ABF7<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   6500000 | PA      | $6229989.68   | 0.17%             | 2033-04-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DC3275 FN 09/54 FIXED 6.5                        | CUSIP: 3140AQT93<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    883016 | PA      | $918718.93    | 0.03%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 889561 FN 06/38 FIXED VAR                        | CUSIP: 31410KJE5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     90585 | PA      | $93208.53     | 0.00%             | 2038-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST 2016-C4                               | JPMDB COMMERCIAL MORTGAGE SECU JPMDB 2016 C4 ASB           | CUSIP: 46646RAK9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     41971 | PA      | $41851.32     | 0.00%             | 2049-12-15      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-76                                                        | FANNIE MAE FNR 2016 76 CF                                  | CUSIP: 3136ATY73<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1828018 | PA      | $1796089.86   | 0.05%             | 2046-10-25      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08841 FG 10/48 FIXED 3.5                | CUSIP: 3128MJ5B2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     74200 | PA      | $69002.47     | 0.00%             | 2048-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-16                                                        | FANNIE MAE FNR 2025 16 FA                                  | CUSIP: 3136BU5D8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    707289 | PA      | $712827.23    | 0.02%             | 2055-03-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                      | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 03/27 3.3              | CUSIP: 694308HS9<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2965044.33   | 0.08%             | 2027-03-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                                         | UNIV OF CALIFORNIA CA REVENUES UNVHGR 05/27 FIXED 1.316    | CUSIP: 91412HGF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1166321.52   | 0.03%             | 2027-05-15      | Fixed         | 1.32%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SL3299 FR 11/55 FIXED 5.5                | CUSIP: 31427QUZ3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    478618 | PA      | $489585.00    | 0.01%             | 2055-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5104                                                          | FREDDIE MAC FHR 5104 UB                                    | CUSIP: 3137H02A5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1165013 | PA      | $975642.57    | 0.03%             | 2044-12-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QD9682 FR 04/52 FIXED 4                  | CUSIP: 3133B7XK9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    430329 | PA      | $407731.97    | 0.01%             | 2052-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RA6486 FR 12/51 FIXED 3                  | CUSIP: 3133KNF32<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  26642990 | PA      | $23477415.85  | 0.64%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF PITTSBURGH MEDICAL CENTER (UPMC)                                   | UPMC SECURED 05/33 5.035                                   | CUSIP: 90320WAG8<br>LEI: 5493001YCBUGKVU74S74 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1310466.83   | 0.04%             | 2033-05-15      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| ANCHORAGE CAPITAL CLO 21 LTD                                                     | ANCHORAGE CAPITAL CLO LTD ANCHC 2021 21A AR 144A           | CUSIP: 03331KAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4200000 | PA      | $4201705.75   | 0.11%             | 2034-10-20      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB5985 FN 11/52 FIXED 2.5                        | CUSIP: 3140QRUK7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    142911 | PA      | $120584.38    | 0.00%             | 2052-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8535 FR 05/55 FIXED 6.5                | CUSIP: 3132DWPU1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    711828 | PA      | $736414.39    | 0.02%             | 2055-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TENNESSEE VALLEY AUTHORITY (TVA)                                                 | TENN VALLEY AUTHORITY SR UNSECURED 08/34 4.375             | CUSIP: 880591FB3<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   3200000 | PA      | $3217383.52   | 0.09%             | 2034-08-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS GROUP AG SR UNSECURED 144A 08/27 4.703                 | CUSIP: 902613AS7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   2000000 | PA      | $2000661.34   | 0.05%             | 2027-08-05      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QE8522 08/52 2.5                         | CUSIP: 3133BJPF3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    635982 | PA      | $538002.56    | 0.01%             | 2052-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSECURED 05/30 VAR                   | CUSIP: 404280CC1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   5000000 | PA      | $4896592.50   | 0.13%             | 2030-05-22      | Floating      | 3.97%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08693 FG 03/46 FIXED 3.5                | CUSIP: 3128MJXX3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    579426 | PA      | $544175.39    | 0.01%             | 2046-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| STATE OF WISCONSIN                                                               | WISCONSIN ST GEN FUND ANNUAL A WISGEN 05/28 FIXED 2.299    | CUSIP: 977100HA7<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2027074.56   | 0.06%             | 2028-05-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BP7009 FN 08/50 FIXED 3                          | CUSIP: 3140KEYF9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    142819 | PA      | $126870.63    | 0.00%             | 2050-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 10/31 VAR                | CUSIP: 06051GJL4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2570934.25   | 0.07%             | 2031-10-24      | Floating      | 1.92%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FM1796 FN 10/34 FIXED VAR                        | CUSIP: 3140X47J9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1517502 | PA      | $1486837.11   | 0.04%             | 2034-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC SECURITIZATION FUNDING II LLC                                       | DTE ELECT SECUR FND II SR SECURED 03/33 5.97               | CUSIP: 23346TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3678787 | PA      | $3857493.73   | 0.11%             | 2033-03-01      | Fixed         | 5.97%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB4118 FN 07/52 FIXED 4                          | CUSIP: 3140QPSG3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     46223 | PA      | $43859.55     | 0.00%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN UNIVERSITY                                                          | NORTHWESTERN UNIVERSITY UNSECURED 12/35 4.94               | CUSIP: 668444AT9<br>LEI: OBWWNZE695DUK77DTI34 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6019268.10   | 0.16%             | 2035-12-01      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | CDX IG46 5Y ICE                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $1319569.39   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| YALE UNIVERSITY                                                                  | YALE UNIVERSITY SR UNSECURED 04/32 4.701                   | CUSIP: 98459LAD5<br>LEI: 9SFB6DIM0FRWV0EV8S84 | Long             | DBT              | CORP              | US        |   8100000 | PA      | $8250136.58   | 0.22%             | 2032-04-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB2301 FN 12/51 FIXED 3                          | CUSIP: 3140QMRX4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2840610 | PA      | $2501363.29   | 0.07%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08783 FG 10/47 FIXED 3                  | CUSIP: 3128MJ2R0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     32212 | PA      | $29010.25     | 0.00%             | 2047-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H22                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H22 FD             | CUSIP: 38376RHB5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    661227 | PA      | $661037.97    | 0.02%             | 2065-09-20      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| SYSTEM ENERGY RESOURCES INC                                                      | SYSTEM ENERGY RESOURCES 1ST REF MORT 12/34 5.3             | CUSIP: 871911AV5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5986913.76   | 0.16%             | 2034-12-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-11                                                        | FANNIE MAE FNR 2016 11 CF                                  | CUSIP: 3136ARPM4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    300921 | PA      | $297634.52    | 0.01%             | 2046-03-25      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H11                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H11 F              | CUSIP: 38375UXM7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    810081 | PA      | $813118.52    | 0.02%             | 2066-05-20      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2007-50                                                        | FANNIE MAE FNR 2007 50 FN                                  | CUSIP: 31396V5C8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     95081 | PA      | $94099.35     | 0.00%             | 2037-06-25      | Floating      | 4.02%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCE AUTHORITY                                             | TOBACCO SETTLEMENT FIN AUTH WV TOBGEN 06/26 FIXED 1.82     | CUSIP: 88880LAH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3286564.38   | 0.09%             | 2026-06-01      | Fixed         | 1.82%                 | No            |                  2 | On Loan: No      |
| CQS US CLO 2025-5 LTD                                                            | CQS US CLO LTD CQS 2025 5A A1 144A                         | CUSIP: 12676EAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8500000 | PA      | $8479111.08   | 0.23%             | 2039-01-17      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CC1216 FN 10/55 FIXED 5.5                        | CUSIP: 3140Y7K64<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     93586 | PA      | $95396.51     | 0.00%             | 2055-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL Q56691 FG 05/48 FIXED 3                  | CUSIP: 3132Y0NH9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    267463 | PA      | $239821.01    | 0.01%             | 2048-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QE8001 FR 08/52 FIXED 4.5                | CUSIP: 3133BH3J3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  12497574 | PA      | $12106776.57  | 0.33%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST 2017-C6                                            | UBS COMMERCIAL MORTGAGE TRUST UBSCM 2017 C6 ASB            | CUSIP: 90276UAU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1800547 | PA      | $1791352.79   | 0.05%             | 2050-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 257325 FN 08/28 FIXED 5.5                        | CUSIP: 31371NYW9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      9250 | PA      | $9341.55      | 0.00%             | 2028-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SAMMONS FINANCIAL GROUP GLOBAL FUNDING                                           | SAMMONS FINANCIAL GLOBAL SECURED 144A 01/28 5.05           | CUSIP: 79587J2B8<br>LEI: 635400IPRNPM6HDHRS48 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1513642.10   | 0.04%             | 2028-01-10      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY MORTGAGE TRUST 2021-FL2                                        | STARWOOD COMMERCIAL MORTGAGE T STWD 2021 FL2 A 144A        | CUSIP: 78486BAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1036668 | PA      | $1037027.39   | 0.03%             | 2038-04-18      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD1967 FR 10/52 FIXED 4                  | CUSIP: 3132DPFG8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6484795 | PA      | $6149692.10   | 0.17%             | 2052-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GREYSTONE COMMERCIAL REAL ESTATE NOTES 2025-FL4                                  | GREYSTONE COMMERCIAL REAL ESTA GSTNE 2025 FL4 A 144A       | CUSIP: 39810MAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3500000 | PA      | $3501418.38   | 0.10%             | 2043-01-15      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08877 FG 05/49 FIXED 4                  | CUSIP: 3128MJ6P0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2698402 | PA      | $2587574.23   | 0.07%             | 2049-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08836 FG 09/48 FIXED 4                  | CUSIP: 3128MJ4W7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1008529 | PA      | $967550.80    | 0.03%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB3169 FN 03/52 FIXED 3                          | CUSIP: 3140QNQX3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4076116 | PA      | $3590377.59   | 0.10%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BZ5550 FN 12/32 FIXED 4.3                        | CUSIP: 3140Q1EY2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  16800000 | PA      | $16663430.11  | 0.45%             | 2032-12-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CAPITAL STREET MASTER TRUST 2025-1                                               | CAPITAL STREET MASTER TRUST CAPST 2025 1 A 144A            | CUSIP: 14051LAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $2997060.60   | 0.08%             | 2029-08-16      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | WELL FARGO REPO                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |  73000000 | PA      | $73000000.00  | 1.99%             |  |  |  | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T MOBILE USA INC COMPANY GUAR 01/35 4.7                    | CUSIP: 87264ADM4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   3350000 | PA      | $3241468.11   | 0.09%             | 2035-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST 2017-C4                                            | UBS COMMERCIAL MORTGAGE TRUST UBSCM 2017 C4 ASB            | CUSIP: 90276RBC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    474211 | PA      | $471773.82    | 0.01%             | 2050-10-15      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| NAVIENT REFINANCE LOAN TRUST 2025-C                                              | NAVIENT REFINANCE LOAN TRUST NAVRL 2025 C A 144A           | CUSIP: 638973AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5500869 | PA      | $5477481.43   | 0.15%             | 2055-10-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BR9366 FN 05/51 FIXED 2.5                        | CUSIP: 3140L8MQ0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     30148 | PA      | $25392.16     | 0.00%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MSWF COMMERCIAL MORTGAGE TRUST 2023-2                                            | MSWF COMMERCIAL MORTGAGE TRUST MSWF 2023 2 A5              | CUSIP: 55361AAU8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4000000 | PA      | $4248464.80   | 0.12%             | 2056-12-15      | Fixed         | 6.01%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 889170 FN 02/38 FIXED VAR                        | CUSIP: 31410G2B8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     26114 | PA      | $26963.44     | 0.00%             | 2038-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COMM MORTGAGE TRUST 2017-COR2                                                    | COMM MORTGAGE TRUST COMM 2017 COR2 A3                      | CUSIP: 12595EAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4200000 | PA      | $4148538.24   | 0.11%             | 2050-09-10      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE MULTI-ASSET EXECUTION TRUST 2023-A1                                  | CAPITAL ONE MULTI ASSET EXECUT COMET 2023 A1 A             | CUSIP: 14041NGD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8300000 | PA      | $8303492.64   | 0.23%             | 2028-05-15      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8271 FR 10/52 FIXED 2.5                | CUSIP: 3132DWFL2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    896500 | PA      | $756757.66    | 0.02%             | 2052-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS4972 FN 05/53 FIXED VAR                        | CUSIP: 3140XLQ27<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  24160828 | PA      | $23431254.02  | 0.64%             | 2053-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WYANDOTTE COUNTY-KANSAS CITY UNIFIED GOVERNMENT UTILITY SYSTEM REVENUE           | WYANDOTTE CNTY/KANSAS CITY KS WYAUTL 09/28 FIXED 1.861     | CUSIP: 982674NH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1899068.40   | 0.05%             | 2028-09-01      | Fixed         | 1.86%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QE2112 FR 05/52 FIXED 2.5                | CUSIP: 3133BBKZ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     19719 | PA      | $16666.55     | 0.00%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H27                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H27 FA             | CUSIP: 38376RHR0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     55156 | PA      | $55315.49     | 0.00%             | 2065-09-20      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RA9541 FR 07/53 FIXED 2.5                | CUSIP: 3133KRS62<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    954555 | PA      | $804367.54    | 0.02%             | 2053-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | ATHENE GLOBAL FUNDING SECURED 144A 01/30 5.38              | CUSIP: 04685A4G3<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4510861.11   | 0.12%             | 2030-01-07      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BZ3406 FN 03/30 FIXED 4.32                       | CUSIP: 3140NXYC1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2526000 | PA      | $2539191.61   | 0.07%             | 2030-03-01      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOBAL FUNDING                                                        | COREBRIDGE GLOB FUNDING SECURED 144A 09/28 5.9             | CUSIP: 00138CAV0<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2062075.04   | 0.06%             | 2028-09-19      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PACIFICORP 1ST MORTGAGE 04/31 5.1                          | CUSIP: 695114DN5<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2507127.05   | 0.07%             | 2031-04-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| NISSAN AUTO LEASE TRUST 2024-A                                                   | NISSAN AUTO LEASE TRUST NALT 2024 A A3                     | CUSIP: 65481CAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4737323 | PA      | $4741732.85   | 0.13%             | 2027-04-15      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2020-1 CLASS A PASS THROUGH TRUST                                | UNITED AIR 2020 1 A PTT PASS THRU CE 04/29 5.875           | CUSIP: 90931GAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2995578 | PA      | $3047618.47   | 0.08%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST 2018-C8                                            | UBS COMMERCIAL MORTGAGE TRUST UBSCM 2018 C8 ASB            | CUSIP: 90276VAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1384903 | PA      | $1378257.45   | 0.04%             | 2051-02-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES K506                | FHLMC MULTIFAMILY STRUCTURED P FHMS K506 A2                | CUSIP: 3137HAMH6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4800000 | PA      | $4849760.64   | 0.13%             | 2028-08-25      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BV5332 FN 04/52 FIXED 2.5                        | CUSIP: 3140MJ4S1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    527387 | PA      | $446601.40    | 0.01%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/4.01150 02/14/25-10Y LCH                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-602884.04   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| TPG REAL ESTATE FINANCE ISSUER LTD 2022-FL5                                      | TPG REAL ESTATE FINANCE TRTX 2022 FL5 A 144A               | CUSIP: 87277JAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2547971 | PA      | $2554545.85   | 0.07%             | 2039-02-15      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QJ2143 FR 08/54 FIXED 6.5                | CUSIP: 3133CSLY5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    641371 | PA      | $665263.35    | 0.02%             | 2054-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NAVESINK CLO 6 LTD 2026-6A                                                       | NAVESINK CLO, LIMITED NAVS 2026 6A A1 144A                 | CUSIP: 63944AAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3500000.00   | 0.10%             | 2037-04-15      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SL0788 FR 02/55 FIXED 6                  | CUSIP: 31427M2W0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    677151 | PA      | $699372.88    | 0.02%             | 2055-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA HURRICANE CATASTROPHE FD FIN COR                                         | FLORIDA ST BRD OF ADMIN FIN CO FLSGEN 07/34 FIXED 5.526    | CUSIP: 341271AH7<br>LEI: 549300S34SOJ0RULXM35 | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3879960.60   | 0.11%             | 2034-07-01      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                             | GNMA II TBA 30 YR 5 JUMBOS                                 | CUSIP: 21H050649<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  15500000 | PA      | $15353319.16  | 0.42%             | 2056-04-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BMO 2024-5C8 MORTGAGE TRUST                                                      | BMO MORTGAGE TRUST BMO 2024 5C8 A3                         | CUSIP: 09661XAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4500000 | PA      | $4633497.90   | 0.13%             | 2057-12-15      | Variable      | 5.63%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE                    | CUSIP: 01F030660<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  23500000 | PA      | $20609678.13  | 0.56%             | 2056-06-11      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC                                                       | VERIZON COMMUNICATIONS SR UNSECURED 01/36 5                | CUSIP: 92343VHG2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4408494.35   | 0.12%             | 2036-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NBN CO LIMITED                                                                   | NBN CO LTD SR UNSECURED 144A 05/26 1.45                    | CUSIP: 62878U2A9<br>LEI: 2549007CRZ2NT7S96A24 | Long             | DBT              | CORP              | AU        |   3000000 | PA      | $2991967.59   | 0.08%             | 2026-05-05      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | SUTTER HEALTH UNSECURED 08/30 2.294                        | CUSIP: 86944BAG8<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |   7700000 | PA      | $7020500.10   | 0.19%             | 2030-08-15      | Fixed         | 2.29%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB2666 FN 01/52 FIXED 3                          | CUSIP: 3140QM6C3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  77071445 | PA      | $67832559.36  | 1.85%             | 2052-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUNDING                                                               | F+G GLOBAL FUNDING SECURED 144A 09/28 4.65                 | CUSIP: 30321L2K7<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $988013.53    | 0.03%             | 2028-09-08      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RA9338 FR 05/53 FIXED 2.5                | CUSIP: 3133KRLT9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1539224 | PA      | $1301602.23   | 0.04%             | 2053-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL ZS4718 FR 05/47 FIXED 4                  | CUSIP: 3132A5G33<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    682761 | PA      | $654694.90    | 0.02%             | 2047-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SL0324 FR 02/55 FIXED 5.5                | CUSIP: 31427MLE9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     27370 | PA      | $27934.98     | 0.00%             | 2055-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 07/31 4.125                                | CUSIP: 91282CLD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 131760000 | PA      | $132629821.55 | 3.61%             | 2031-07-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS1630 FN 09/51 FIXED VAR                        | CUSIP: 3140XGY45<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    358657 | PA      | $302079.98    | 0.01%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB3364 FN 04/52 FIXED 3                          | CUSIP: 3140QNW24<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3846262 | PA      | $3387901.09   | 0.09%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| APIDOS CLO XI 2012-11A                                                           | APIDOS CLO APID 2012 11A AR4 144A                          | CUSIP: 03763YBY1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6800000 | PA      | $6808864.21   | 0.19%             | 2034-04-17      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FA3387 FN 11/55 FIXED VAR                        | CUSIP: 3140W3XR5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    498367 | PA      | $507806.36    | 0.01%             | 2055-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST ELECTRIC & GAS CORP                                                  | NY STATE ELECTRIC + GAS SR UNSECURED 144A 08/28 5.65       | CUSIP: 649840CU7<br>LEI: 549300GEC6J0YHUXA160 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2052608.78   | 0.06%             | 2028-08-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 07/29 4                                    | CUSIP: 91282CLC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  57900000 | PA      | $58166883.10  | 1.59%             | 2029-07-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BANK-2020-BN29                                                                   | BANK BANK 2020 BN29 ASB                                    | CUSIP: 06541TAZ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5560016 | PA      | $5300499.66   | 0.14%             | 2053-11-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP PARIBAS REGS 09/28 VAR                                 | CUSIP: 09659X2M3<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   5900000 | PA      | $5673118.21   | 0.15%             | 2028-09-30      | Floating      | 1.90%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H06                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H06 FD             | CUSIP: 38376RSG2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     42294 | PA      | $42536.35     | 0.00%             | 2065-07-20      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2017-H02                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2017 H02 FJ             | CUSIP: 38375UYN4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1277976 | PA      | $1286451.71   | 0.04%             | 2067-01-20      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FA3860 FN 12/55 FIXED VAR                        | CUSIP: 3140W4JE8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3035107 | PA      | $3098272.86   | 0.08%             | 2055-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2021-A                                          | SMB PRIVATE EDUCATION LOAN TRU SMB 2021 A A2A1 144A        | CUSIP: 78448YAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2053177 | PA      | $2035559.56   | 0.06%             | 2053-01-15      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| MEXICO GOVT                                                                      | UNITED MEXICAN STATES SR UNSECURED 05/30 6                 | CUSIP: 91087BBB5<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1900000 | PA      | $1965075.00   | 0.05%             | 2030-05-13      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BANK 2024-BNK48                                                                  | BANK BANK 2024 BNK48 A4                                    | CUSIP: 06541GAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2842214 | PA      | $2811288.55   | 0.08%             | 2057-10-15      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QC0416 FR 04/51 FIXED 2.5                | CUSIP: 3133AJN90<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    247353 | PA      | $208339.58    | 0.01%             | 2051-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CBAMR 2019-9A                                                                    | CBAMR LTD CBAMR 2019 9A AR 144A                            | CUSIP: 14987VAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   9200000 | PA      | $9223832.32   | 0.25%             | 2037-07-15      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS GROUP AG SR UNSECURED 144A 02/32 VAR                   | CUSIP: 902613AE8<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  12000000 | PA      | $10575931.68  | 0.29%             | 2032-02-11      | Floating      | 2.10%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2010-58                                                               | FANNIE MAE FNR 2010 58 FY                                  | CUSIP: 31398RXN0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    109201 | PA      | $109405.54    | 0.00%             | 2040-06-25      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | ELEVANCE HEALTH INC SR UNSECURED 03/31 2.55                | CUSIP: 036752AP8<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $902623.64    | 0.02%             | 2031-03-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AS0924 FN 11/43 FIXED 5                          | CUSIP: 3138WAA23<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     61050 | PA      | $61496.30     | 0.00%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDING II                                                     | MASSMUTUAL GLOBAL FUNDIN SR SECURED 144A 05/29 5.15        | CUSIP: 57629W4T4<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2958944.39   | 0.08%             | 2029-05-30      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD3478 FR 04/52 FIXED 2.5                | CUSIP: 3132DQ2K1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  13256619 | PA      | $11165479.82  | 0.30%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD2613 FR 01/53 FIXED 4.5                | CUSIP: 3132DP3W6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  14872989 | PA      | $14422338.71  | 0.39%             | 2053-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS4711 FN 09/51 FIXED VAR                        | CUSIP: 3140XLGV4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    801147 | PA      | $674780.80    | 0.02%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP PARIBAS 144A 04/32 VAR                                 | CUSIP: 09659W2P8<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   7050000 | PA      | $6395037.87   | 0.17%             | 2032-04-19      | Floating      | 2.87%                 | No            |                  2 | On Loan: No      |
| GALLATIN FUNDING LTD, GALLATIN CLO VII LLC 2017-1A                               | GALLATIN LOAN MANAGEMENT, LLC GALL 2017 1A A1R 144A        | CUSIP: 36361UAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1477117 | PA      | $1478676.06   | 0.04%             | 2031-07-15      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| ELEVATION CLO 2022-16A LTD                                                       | ELEVATION CLO LTD AWPT 2022 16A A1AR 144A                  | CUSIP: 28623YAU7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2200000 | PA      | $2202259.20   | 0.06%             | 2034-07-25      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| BEIGNET INVESTOR LLC                                                             | BEIGNET INVESTOR LLC SR SECURED 144A 05/49 6.581           | CUSIP: 076912AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  38100000 | PA      | $39202250.15  | 1.07%             | 2049-05-30      | Fixed         | 6.58%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FA1361 FN 04/55 FIXED VAR                        | CUSIP: 3140W1QP1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    293667 | PA      | $300335.62    | 0.01%             | 2055-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4623 FN 06/52 FIXED 2.5                        | CUSIP: 31418ED56<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    922295 | PA      | $781075.12    | 0.02%             | 2052-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SBNA AUTO LEASE TRUST 2023-A                                                     | SBNA AUTO LEASE TRUST SBALT 2023 A A4 144A                 | CUSIP: 78436TAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    614034 | PA      | $614818.94    | 0.02%             | 2028-04-20      | Fixed         | 6.52%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AH6113 FN 03/41 FIXED 5.5                        | CUSIP: 3138A7YK8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     11963 | PA      | $12211.76     | 0.00%             | 2041-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BL6406 FN 05/27 FIXED 1.63                       | CUSIP: 3140HYDL9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8200000 | PA      | $7984932.53   | 0.22%             | 2027-05-01      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2021-CIP                                            | BX TRUST BX 2021 CIP A 144A                                | CUSIP: 12434FAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2117042 | PA      | $2116130.05   | 0.06%             | 2038-12-15      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4732 FN 09/52 FIXED 4                          | CUSIP: 31418EHJ2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  26168400 | PA      | $24816105.28  | 0.68%             | 2052-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BZ3505 FN 04/30 FIXED 4.25                       | CUSIP: 3140NX3P6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8700000 | PA      | $8706945.47   | 0.24%             | 2030-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8448 FR 07/54 FIXED 6.5                | CUSIP: 3132DWL50<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2740372 | PA      | $2836597.88   | 0.08%             | 2054-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| THL CREDIT WIND RIVER CLO LTD 2017-3A                                            | WIND RIVER CLO LTD WINDR 2017 3A AR2 144A                  | CUSIP: 97316LAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4700000 | PA      | $4706222.94   | 0.13%             | 2035-04-15      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC SR UNSECURED 03/32 VAR                        | CUSIP: 06738EBR5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   1400000 | PA      | $1255595.26   | 0.03%             | 2032-03-10      | Floating      | 2.67%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8262 FR 09/52 FIXED 2.5                | CUSIP: 3132DWFB4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6324390 | PA      | $5350035.56   | 0.15%             | 2052-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                      | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 06/33 6.4              | CUSIP: 694308KM8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $2017648.29   | 0.05%             | 2033-06-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| GPMT LTD 2021-FL4                                                                | GPMT LTD. GPMT 2021 FL4 A 144A                             | CUSIP: 36262TAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    758664 | PA      | $757698.09    | 0.02%             | 2036-12-15      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2020-77                                                        | FANNIE MAE FNR 2020 77 DP                                  | CUSIP: 3136BCVD9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  12720900 | PA      | $9446623.22   | 0.26%             | 2050-11-25      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                             | FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE                    | CUSIP: 01F040651<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        | 222265770 | PA      | $209582773.95 | 5.71%             | 2056-05-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AA1614 FN 01/39 FIXED 5.5                        | CUSIP: 31416JYL9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     23615 | PA      | $24133.33     | 0.00%             | 2039-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4624 FN 06/52 FIXED 3                          | CUSIP: 31418ED64<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  21558036 | PA      | $18996220.41  | 0.52%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SANDSTONE PEAK LTD 2021-1A                                                       | SANDSTONE PEAK LTD. SAND 2021 1A A1R2 144A                 | CUSIP: 800130BA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2400000 | PA      | $2394218.40   | 0.07%             | 2038-04-15      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL V83788 FG 12/47 FIXED 3                  | CUSIP: 3132L9F59<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    356788 | PA      | $319900.91    | 0.01%             | 2047-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP INC                                                       | MIZUHO FINANCIAL GROUP SR UNSECURED 05/32 VAR              | CUSIP: 60687YBQ1<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |  15450000 | PA      | $13544976.38  | 0.37%             | 2032-05-22      | Floating      | 2.17%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2019-136                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2019 136 P              | CUSIP: 38382A5Y7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4487292 | PA      | $3714865.04   | 0.10%             | 2045-10-20      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 02/32 VAR                 | CUSIP: 46647PBX3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  13900000 | PA      | $12242703.14  | 0.33%             | 2032-02-04      | Floating      | 1.95%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 04/30 VAR                 | CUSIP: 46647PEG7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1030810.06   | 0.03%             | 2030-04-22      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE FUNDING II LLC 2024-1A                                                | CHESAPEAKE FUNDING II LLC CFII 2024 1A A1 144A             | CUSIP: 165183DE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1571836 | PA      | $1587973.97   | 0.04%             | 2036-05-15      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5440                                                          | FREDDIE MAC FHR 5440 F                                     | CUSIP: 3137HDY79<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1521077 | PA      | $1533143.24   | 0.04%             | 2054-08-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                                         | UNIV OF CALIFORNIA CA REVENUES UNVHGR 05/27 FIXED 1.366    | CUSIP: 91412HFP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2917434.30   | 0.08%             | 2027-05-15      | Fixed         | 1.37%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4637                                                          | FREDDIE MAC FHR 4637 WF                                    | CUSIP: 3137BTTH4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1872074 | PA      | $1857576.84   | 0.05%             | 2041-07-15      | Floating      | 4.30%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 933796 FN 05/38 FIXED 5.5                        | CUSIP: 31412S3D5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     19532 | PA      | $20153.31     | 0.00%             | 2038-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOBAL FUNDING                                                        | COREBRIDGE GLOB FUNDING SR SECURED 144A 07/26 5.75         | CUSIP: 00138CAU2<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3011034.99   | 0.08%             | 2026-07-02      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST 2023-2                              | AMERICAN EXPRESS CREDIT ACCOUN AMXCA 2023 2 A              | CUSIP: 02582JKB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2031675.00   | 0.06%             | 2030-05-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2025-V18 MORTGAGE TRUST                                                | BENCHMARK MORTGAGE TRUST BMARK 2025 V18 A3                 | CUSIP: 08164EAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2038280.40   | 0.06%             | 2058-10-15      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5051                                                          | FREDDIE MAC FHR 5051 MA                                    | CUSIP: 3137F7YY5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1507971 | PA      | $1360396.05   | 0.04%             | 2047-05-25      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AS2740 FN 06/44 FIXED 5                          | CUSIP: 3138WCBJ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     33639 | PA      | $33393.55     | 0.00%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FM4595 FN 09/50 FIXED VAR                        | CUSIP: 3140X8C96<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    187238 | PA      | $166558.70    | 0.00%             | 2050-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-104                                                       | FANNIE MAE FNR 2024 104 FA                                 | CUSIP: 3136BUEQ9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1935933 | PA      | $1945141.63   | 0.05%             | 2055-01-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST 2014-C24                              | JPMBB COMMERCIAL MORTGAGE SECU JPMBB 2014 C24 A5           | CUSIP: 46643GAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    187701 | PA      | $184211.51    | 0.01%             | 2047-11-15      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                                                          | GA GLOBAL FUNDING TRUST SECURED 144A 01/30 5.4             | CUSIP: 36143L2R5<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |   5700000 | PA      | $5711084.73   | 0.16%             | 2030-01-13      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AS1338 FN 12/43 FIXED 5                          | CUSIP: 3138WAPY7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    239573 | PA      | $241618.21    | 0.01%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4840 FN 12/52 FIXED 4.5                        | CUSIP: 31418ELW8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  27329693 | PA      | $26498850.16  | 0.72%             | 2052-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC 3688                                                                 | FREDDIE MAC FHR 3688 NF                                    | CUSIP: 3137A0MZ5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     31767 | PA      | $31632.17     | 0.00%             | 2036-11-15      | Floating      | 4.26%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AN8612 FN 03/28 FIXED 3.29                       | CUSIP: 3138LMSA2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6077000 | PA      | $5997308.65   | 0.16%             | 2028-03-01      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2025-P3                                           | CARVANA AUTO RECEIVABLES TRUST CRVNA 2025 P3 A4            | CUSIP: 14688AAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11200000 | PA      | $11177041.12  | 0.30%             | 2031-08-11      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| SAFEHOLD GL HOLDINGS LLC                                                         | SAFEHOLD GL HOLDINGS LLC COMPANY GUAR 04/34 6.1            | CUSIP: 785931AA4<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              | CORP              | US        |   5800000 | PA      | $6113143.22   | 0.17%             | 2034-04-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                                      | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 06/27 5.45             | CUSIP: 694308KF3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3535549.12   | 0.10%             | 2027-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD2864 FR 03/52 FIXED 3                  | CUSIP: 3132DQFD3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  14936952 | PA      | $13162392.73  | 0.36%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ELECTRIC MARKET STABILIZATION FUNDING N LLC                                | TEXAS ELECTRIC MKT STABL SR SECURED 144A 02/44 4.966       | CUSIP: 88240TAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4600000 | PA      | $4413907.18   | 0.12%             | 2044-02-01      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL Q53775 FG 01/48 FIXED 3                  | CUSIP: 3132XWFR7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    284209 | PA      | $254032.81    | 0.01%             | 2048-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD3953 FR 02/52 FIXED 3                  | CUSIP: 3132E0MA7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  13832633 | PA      | $12177167.05  | 0.33%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST 2019-B13                                                | BENCHMARK MORTGAGE TRUST BMARK 2019 B13 ASB                | CUSIP: 08162DAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3236192 | PA      | $3155998.81   | 0.09%             | 2057-08-15      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST 2018-C12                                           | UBS COMMERCIAL MORTGAGE TRUST UBSCM 2018 C12 ASB           | CUSIP: 90353DAW5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    517293 | PA      | $516070.35    | 0.01%             | 2051-08-15      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD5067 FR 03/54 FIXED 5.5                | CUSIP: 3132DSTY8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    139596 | PA      | $142335.61    | 0.00%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5565                                                          | FREDDIE MAC FHR 5565 FA                                    | CUSIP: 3137HMGJ3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3744498 | PA      | $3773175.27   | 0.10%             | 2055-08-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCE AUTHORITY                                             | TOBACCO SETTLEMENT FIN AUTH WV TOBGEN 06/28 FIXED 2.351    | CUSIP: 88880LAK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2870482.80   | 0.08%             | 2028-06-01      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AS1594 FN 01/44 FIXED 5                          | CUSIP: 3138WAXY8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     51331 | PA      | $51779.84     | 0.00%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QC0373 FR 04/51 FIXED 3                  | CUSIP: 3133AJMW0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    332660 | PA      | $293295.34    | 0.01%             | 2051-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VOYA CLO 2017-3A                                                                 | VOYA CLO LTD VOYA 2017 3A A1RR 144A                        | CUSIP: 92915QBG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3300000 | PA      | $3302432.40   | 0.09%             | 2034-04-20      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| BANQUE FEDERATIVE DU CREDIT MUTUEL (BFCM)                                        | BANQUE FED CRED MUTUEL 144A 07/26 5.896                    | CUSIP: 06675FBA4<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   3450000 | PA      | $3465993.44   | 0.09%             | 2026-07-13      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8323 FR 05/53 FIXED 5                  | CUSIP: 3132DWG80<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  19845546 | PA      | $19677601.55  | 0.54%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE LOAN FUNDING 2024-2A LTD                                           | PALMER SQUARE LOAN FUNDING LTD PSTAT 2024 2A A1R 144A      | CUSIP: 69702WAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2900000 | PA      | $2896682.23   | 0.08%             | 2033-01-15      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QJ5545 FR 09/54 FIXED 6.5                | CUSIP: 3133CWES7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    682631 | PA      | $706243.49    | 0.02%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FLATIRON CLO LTD 2019-1A                                                         | FLATIRON CLO LTD FLAT 2019 1A AR2 144A                     | CUSIP: 33883JAW1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1810823 | PA      | $1812215.19   | 0.05%             | 2034-11-16      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2015-87                                                        | FANNIE MAE FNR 2015 87 BF                                  | CUSIP: 3136AQWE6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    151454 | PA      | $149824.56    | 0.00%             | 2045-12-25      | Floating      | 4.08%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DD5425 FN 05/55 FIXED 6.5                        | CUSIP: 3140B6A39<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    818481 | PA      | $850416.62    | 0.02%             | 2055-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SL3519 FR 11/55 FIXED 5.5                | CUSIP: 31427Q4D1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     87208 | PA      | $88960.27     | 0.00%             | 2055-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE UNIVERSITY                                                      | CALIFORNIA ST UNIV REVENUE CASHGR 11/27 FIXED 1.338        | CUSIP: 13077DMN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $959760.40    | 0.03%             | 2027-11-01      | Fixed         | 1.34%                 | No            |                  2 | On Loan: No      |
| LOANCORE ISSUER LTD 2021-CRE6                                                    | LOANCORE 2021 CRE6 ISSUER, LTD LNCR 2021 CRE6 A 144A       | CUSIP: 53948HAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    286821 | PA      | $287441.82    | 0.01%             | 2038-11-15      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COMPANY OF COLORADO                                               | PUBLIC SERVICE COLORADO 1ST MORTGAGE 05/34 5.35            | CUSIP: 744448CZ2<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5094845.20   | 0.14%             | 2034-05-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD3417 FR 07/53 FIXED 2.5                | CUSIP: 3132DQYN0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     46069 | PA      | $38957.52     | 0.00%             | 2053-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QD4256 FR 01/52 FIXED 2.5                | CUSIP: 3133B1WR8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    385559 | PA      | $326428.80    | 0.01%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SFS AUTO RECEIVABLES SECURITIZATION TRUST 2024-1A                                | SFS AUTO RECEIVABLES SECURITIZ SFAST 2024 1A A4 144A       | CUSIP: 78435VAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $505031.20    | 0.01%             | 2031-01-21      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| MONTEREY PARK CITY OF                                                            | MONTEREY PK CA PENSN OBLIG MTPGEN 06/28 FIXED 1.63         | CUSIP: 61255QAG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $236540.48    | 0.01%             | 2028-06-01      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                             | GNMA II POOL MA3105 G2 09/45 FIXED 3.5                     | CUSIP: 36179RNW5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1136347 | PA      | $1070260.88   | 0.03%             | 2045-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DLLMT 2023-1 LLC                                                                 | DLLMT LLC DLLMT 2023 1A A3 144A                            | CUSIP: 232989AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    884366 | PA      | $886380.57    | 0.02%             | 2027-03-22      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2024-5C31                                                   | BARCLAYS COMMERCIAL MORTGAGE S BBCMS 2024 5C31 A3          | CUSIP: 07336YAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5100000 | PA      | $5263448.37   | 0.14%             | 2057-12-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| NATIONAL SECURITIES CLEARING CORPORATION                                         | NATIONAL SECS CLEARING SR UNSECURED 144A 05/30 4.7         | CUSIP: 637639AQ8<br>LEI: 549300RYC9NELN2ICA34 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4040464.56   | 0.11%             | 2030-05-20      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| MF1 2021-FL7 LTD                                                                 | MF1 MULTIFAMILY HOUSING MORTGA MF1 2021 FL7 A 144A         | CUSIP: 55284AAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    461535 | PA      | $461847.49    | 0.01%             | 2036-10-16      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DB8624 FN 07/54 FIXED 6.5                        | CUSIP: 3140AJSN9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    777806 | PA      | $809255.73    | 0.02%             | 2054-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VIRGINIA POWER FUEL SECURITIZATION LLC                                           | VIRGINIA POWER FUEL SEC SR SECURED 05/33 4.877             | CUSIP: 92808VAB8<br>LEI: 254900BELJ95ONW6U791 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5056785.00   | 0.14%             | 2033-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL REVOLVING RECEIVABLES TRUST 2024-1                                  | GM FINANCIAL REVOLVING RECEIVA GMREV 2024 1 A 144A         | CUSIP: 36269KAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6300000 | PA      | $6423188.31   | 0.18%             | 2036-12-11      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| WSTN TRUST 2023-MAUI                                                             | WSTN TRUST WSTN 2023 MAUI A 144A                           | CUSIP: 92943AAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $3032484.90   | 0.08%             | 2037-07-05      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE UNIVERSITY                                                      | CALIFORNIA ST UNIV REVENUE CASHGR 11/28 FIXED 1.49         | CUSIP: 13077DMP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5400000 | PA      | $5061894.66   | 0.14%             | 2028-11-01      | Fixed         | 1.49%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | US 2YR NOTE (CBT) JUN26 XCBT 20260630                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      2323 | NC      | $-3473434.35  | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 973023 FN 03/38 FIXED 5                          | CUSIP: 31414QPG6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     27236 | PA      | $27520.38     | 0.00%             | 2038-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB7642 FN 12/53 FIXED 6                          | CUSIP: 3140QTP45<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    667265 | PA      | $688522.55    | 0.02%             | 2053-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORP SR UNSECURED 12/28 VAR                | CUSIP: 06051GHD4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1965444.26   | 0.05%             | 2028-12-20      | Floating      | 3.42%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO GAS & ELECTRIC COMPANY                                                 | SAN DIEGO G + E SR SECURED 10/30 1.7                       | CUSIP: 797440BZ6<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |   1285000 | PA      | $1137302.56   | 0.03%             | 2030-10-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4989                                                          | FREDDIE MAC FHR 4989 FB                                    | CUSIP: 3137FUKQ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    618403 | PA      | $607775.51    | 0.02%             | 2040-10-15      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE UNIVERSITY                                                      | CALIFORNIA ST UNIV REVENUE CASHGR 11/29 FIXED 1.69         | CUSIP: 13077DMQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4046880.20   | 0.11%             | 2029-11-01      | Fixed         | 1.69%                 | No            |                  2 | On Loan: No      |
| RGA GLOBAL FUNDING                                                               | RGA GLOBAL FUNDING SECURED 144A 11/28 6                    | CUSIP: 76209PAC7<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5172399.00   | 0.14%             | 2028-11-21      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2015-1 CLASS A PASS THROUGH TRUST                              | AMER AIRLN 15 1 A PTT PASS THRU CE 11/28 3.375             | CUSIP: 023770AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2861108 | PA      | $2826499.78   | 0.08%             | 2028-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ARES LXII CLO LTD 2021-62A                                                       | ARES CLO LTD ARES 2021 62A A1R 144A                        | CUSIP: 00192WAL1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4700000 | PA      | $4701541.65   | 0.13%             | 2034-01-25      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2016-1 CLASS AA PASS THROUGH TRUST                               | UNITED AIR 2016 1 AA PTT PASS THRU CE 01/30 3.1            | CUSIP: 90931LAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    661788 | PA      | $645014.40    | 0.02%             | 2030-01-07      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| TESLA SUSTAINABLE ENERGY TRUST 2024-1A                                           | TESLA SUSTAINABLE ENERGY TRUST TSET 2024 1A A2 144A        | CUSIP: 88164AAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    361130 | PA      | $361359.80    | 0.01%             | 2050-06-21      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| MONTEREY PARK CITY OF                                                            | MONTEREY PK CA PENSN OBLIG MTPGEN 06/30 FIXED 1.893        | CUSIP: 61255QAJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $272321.28    | 0.01%             | 2030-06-01      | Fixed         | 1.89%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST 2018-B8                                                 | BENCHMARK MORTGAGE TRUST BMARK 2018 B8 A5                  | CUSIP: 08162UAW0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5700000 | PA      | $5609181.90   | 0.15%             | 2052-01-15      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| WIND RIVER CLO LTD 2016-1KRA                                                     | WIND RIVER CLO LTD WINDR 2016 1KRA A1R3 144A               | CUSIP: 97314DAN8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5172090 | PA      | $5175178.05   | 0.14%             | 2034-10-15      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AD2694 FN 05/40 FIXED 5                          | CUSIP: 31418P7G4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     18513 | PA      | $18642.20     | 0.00%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RA8828 FR 04/52 FIXED 2.5                | CUSIP: 3133KQYZ3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    665459 | PA      | $562454.75    | 0.02%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SL3298 FR 11/55 FIXED 5.5                | CUSIP: 31427QUY6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    275613 | PA      | $281021.95    | 0.01%             | 2055-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2025-V19 MORTGAGE TRUST                                                | BENCHMARK MORTGAGE TRUST BMARK 2025 V19 A2                 | CUSIP: 08164DAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2300000 | PA      | $2304906.13   | 0.06%             | 2058-01-15      | Variable      | 4.77%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RA8676 FR 03/53 FIXED 2.5                | CUSIP: 3133KQT97<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     26062 | PA      | $22014.43     | 0.00%             | 2053-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL MORTGAGE PASS THRU CERTIFICATIONS 2016-COR1                           | COMM MORTGAGE TRUST COMM 2016 COR1 A4                      | CUSIP: 12594MBC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3700000 | PA      | $3675416.83   | 0.10%             | 2049-10-10      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| ANCHORAGE CREDIT FUNDING 25-19A LTD                                              | ANCHORAGE CREDIT FUNDING LTD. ANCHF 2025 19A A 144A        | CUSIP: 03331VAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1982551.72   | 0.05%             | 2040-10-25      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QG5000 FR 06/53 FIXED 2.5                | CUSIP: 3133C5RV5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    919024 | PA      | $774292.44    | 0.02%             | 2053-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS5027 FN 02/53 FIXED VAR                        | CUSIP: 3140XLSR0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5039997 | PA      | $4763025.27   | 0.13%             | 2053-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BRITISH AIRWAYS 2021-1 CLASS A PASS THROUGH TRUST                                | BRITISH AIR 21 1 A PPT PASS THRU CE 144A 09/36 2.9         | CUSIP: 11042CAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    547485 | PA      | $503357.03    | 0.01%             | 2036-09-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2013-H16                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2013 H16 FA             | CUSIP: 38375B4Y5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    195577 | PA      | $195722.17    | 0.01%             | 2063-07-20      | Floating      | 4.32%                 | No            |                  2 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST 2019-C18                                           | UBS COMMERCIAL MORTGAGE TRUST UBSCM 2019 C18 ASB           | CUSIP: 90278PAY6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    672169 | PA      | $657454.04    | 0.02%             | 2052-12-15      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2023-4                        | GM FINANCIAL SECURITIZED TERM GMCAR 2023 4 A3              | CUSIP: 379930AD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1096143 | PA      | $1105614.77   | 0.03%             | 2028-08-16      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| CSWF 2021-SOP2                                                                   | CREDIT SUISSE COMMERCIAL MORTG CSWF 2021 SOP2 A 144A       | CUSIP: 12657VAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     13030 | PA      | $12817.52     | 0.00%             | 2034-06-15      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL DD5569 FN 03/55 FIXED 6.5                        | CUSIP: 3140B6FK6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    682758 | PA      | $711388.64    | 0.02%             | 2055-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ICG-2021-3A                                                                      | ICG US CLO LTD ICG 2021 3A AR 144A                         | CUSIP: 449249AS0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4500000 | PA      | $4505489.46   | 0.12%             | 2034-10-20      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5092                                                          | FREDDIE MAC FHR 5092 XA                                    | CUSIP: 3137FYEX0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3695121 | PA      | $3218384.79   | 0.09%             | 2041-01-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| EMPIRE DISTRICT BONDCO LLC                                                       | EMPIRE DISTRICT BONDCO SR SECURED 01/35 4.943              | CUSIP: 291918AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8101933 | PA      | $8219007.07   | 0.22%             | 2035-01-01      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES KJ47                | FHLMC MULTIFAMILY STRUCTURED P FHMS KJ47 A2                | CUSIP: 3137HAMP8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3000000 | PA      | $3107094.60   | 0.08%             | 2031-06-25      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 890607 FN 08/43 FIXED VAR                        | CUSIP: 31410LNY4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     23634 | PA      | $23898.18     | 0.00%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TCW CLO AMR LTD 2019-1A                                                          | TCW CLO 2019 1 AMR, LTD. TCW 2019 1A ASNR 144A             | CUSIP: 87241EAQ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2600000 | PA      | $2603250.05   | 0.07%             | 2034-08-16      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2025-5C37                                                   | BARCLAYS COMMERCIAL MORTGAGE S BBCMS 2025 5C37 A2          | CUSIP: 05494NAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1990289.60   | 0.05%             | 2058-09-15      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| WORLD OMNI AUTO RECEIVABLES TRUST 2023-C                                         | WORLD OMNI AUTO RECEIVABLES TR WOART 2023 C A4             | CUSIP: 98164FAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    900000 | PA      | $911508.12    | 0.02%             | 2029-11-15      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP 2023-1A LLC                                 | AVIS BUDGET RENTAL CAR FUNDING AESOP 2023 1A A 144A        | CUSIP: 05377RGC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6000000 | PA      | $6086439.60   | 0.17%             | 2029-04-20      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EQUITABLE AMERICA GLOBAL FUNDING                                                 | EQUITABLE AMERICA GLOBAL SECURED 144A 06/30 4.95           | CUSIP: 29446Q2B8<br>LEI: 98450066CCBIACF06694 | Long             | DBT              | CORP              | US        |   5200000 | PA      | $5200492.23   | 0.14%             | 2030-06-09      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB9152 FN 09/54 FIXED 6                          | CUSIP: 3140QVE26<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1620996 | PA      | $1675634.40   | 0.05%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ECMC GROUP STUDENT LOAN TRUST 2017-2                                             | ECMC GROUP STUDENT LOAN TRUST ECMC 2017 2A A 144A          | CUSIP: 26828VAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2259855 | PA      | $2264966.09   | 0.06%             | 2067-05-25      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4936                                                          | FREDDIE MAC FHR 4936 AP                                    | CUSIP: 3137FQHG1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2913582 | PA      | $2707707.86   | 0.07%             | 2048-09-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-77                                                        | FANNIE MAE FNR 2024 77 DF                                  | CUSIP: 3136BTWY5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1777375 | PA      | $1794074.55   | 0.05%             | 2053-10-25      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| ECMC GROUP STUDENT LOAN TRUST 2018-1A                                            | ECMC GROUP STUDENT LOAN TRUST ECMC 2018 1A A 144A          | CUSIP: 26828HAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2533155 | PA      | $2520836.81   | 0.07%             | 2068-02-27      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QY1579 FR 04/55 FIXED 6.5                | CUSIP: 31426KXH4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    895065 | PA      | $926790.42    | 0.03%             | 2055-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ADVENTIST HEALTH SYSTEM OF WEST                                                  | ADVENT HEALTH SYSTEM BONDS 03/29 2.952                     | CUSIP: 007944AF8<br>LEI: 5493008YM33UCY5QPW83 | Long             | DBT              | CORP              | US        |   4299000 | PA      | $4092323.04   | 0.11%             | 2029-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL REVOLVING RECEIVABLES TRUST 2023-2                                  | GM FINANCIAL REVOLVING RECEIVA GMREV 2023 2 A 144A         | CUSIP: 36268DAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5400000 | PA      | $5590859.76   | 0.15%             | 2036-08-11      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| PK ALIFT LOAN FUNDING 7 LP 2025-2                                                | PK ALIFT LOAN FUNDING PKAIR 2025 2 A 144A                  | CUSIP: 69291NAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2547403 | PA      | $2538561.79   | 0.07%             | 2043-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CONSUMERS 2023 SECURITIZATION FUNDING LLC                                        | CONSUMERS 23 SECURE FUND SR SECURED 03/28 5.55             | CUSIP: 21071BAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1319891 | PA      | $1330573.28   | 0.04%             | 2028-03-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST 2024-2                              | AMERICAN EXPRESS CREDIT ACCOUN AMXCA 2024 2 A              | CUSIP: 02582JKF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6000000 | PA      | $6191181.00   | 0.17%             | 2031-04-15      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QI4230 FR 04/54 FIXED 6.5                | CUSIP: 3133WAVX3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    429650 | PA      | $444490.59    | 0.01%             | 2054-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORPORATION                                                            | TAKEOFF MERGER SUB INC SR UNSECURED 144A 03/31 4.85        | CUSIP: 873923AE6<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   7200000 | PA      | $7112742.26   | 0.19%             | 2031-03-24      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RJ3965 FR 04/55 FIXED 5.5                | CUSIP: 3142GUMP5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    284339 | PA      | $289978.73    | 0.01%             | 2055-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY COMPANY                                                         | CONSUMERS ENERGY CO CONSUMERS ENERGY CO                    | CUSIP: 210518DX1<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1769045.57   | 0.05%             | 2030-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FM4165 FN 09/50 FIXED VAR                        | CUSIP: 3140X7TX7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    120898 | PA      | $107209.55    | 0.00%             | 2050-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NELNET STUDENT LOAN TRUST 2026-A                                                 | NELNET STUDENT LOAN TRUST NSLT 2026 A A1A 144A             | CUSIP: 64032UAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8343869 | PA      | $8242762.97   | 0.22%             | 2061-02-21      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QC8521 FR 10/51 FIXED 3                  | CUSIP: 3133ATPE5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2274846 | PA      | $2002466.82   | 0.05%             | 2051-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NELNET STUDENT LOAN TRUST 2025-BA                                                | NELNET STUDENT LOAN TRUST NSLT 2025 BA A1B 144A            | CUSIP: 64032BAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4845987 | PA      | $4877112.55   | 0.13%             | 2055-05-17      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA3897 FN 01/35 FIXED 3                          | CUSIP: 31418DKK7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1922849 | PA      | $1852380.72   | 0.05%             | 2035-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC                                                  | PHILIP MORRIS INTL INC SR UNSECURED 04/30 4.375            | CUSIP: 718172DT3<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   5100000 | PA      | $5074185.13   | 0.14%             | 2030-04-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL Q53483 FG 01/48 FIXED 3                  | CUSIP: 3132XV2R3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1033471 | PA      | $923689.07    | 0.03%             | 2048-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AL6273 FN 11/44 FIXED VAR                        | CUSIP: 3138EN6K0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    114851 | PA      | $115713.75    | 0.00%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE UNIVERSITY                                                      | CALIFORNIA ST UNIV REVENUE CASHGR 11/30 FIXED 1.74         | CUSIP: 13077DMR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2333971.12   | 0.06%             | 2030-11-01      | Fixed         | 1.74%                 | No            |                  2 | On Loan: No      |
| BANK 2019-BN20                                                                   | BANK BANK 2019 BN20 ASB                                    | CUSIP: 06540AAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7200291 | PA      | $7024021.14   | 0.19%             | 2062-09-15      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2017-H03                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2017 H03 HA             | CUSIP: 38376RR40<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1327931 | PA      | $1302639.92   | 0.04%             | 2067-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING AESOP 2024-1A LLC                                 | AVIS BUDGET RENTAL CAR FUNDING AESOP 2024 1A A 144A        | CUSIP: 05377RHY3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11000000 | PA      | $11257668.40  | 0.31%             | 2030-06-20      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB4109 FN 07/52 FIXED 3                          | CUSIP: 3140QPR74<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   7674490 | PA      | $6758013.45   | 0.18%             | 2052-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MARS INCORPORATED                                                                | MARS INC SR UNSECURED 144A 03/32 5                         | CUSIP: 571676AZ8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2732764.01   | 0.07%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SL2049 FR 08/55 FIXED 5.5                | CUSIP: 31427PH31<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1177741 | PA      | $1199183.44   | 0.03%             | 2055-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EMPIRE STATE DEVELOPMENT CORPORATION                                             | NEW YORK ST URBAN DEV CORP REV NYSDEV 03/27 FIXED 1.496    | CUSIP: 650036AV8<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   9400000 | PA      | $9200773.58   | 0.25%             | 2027-03-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL Q52305 FG 11/47 FIXED 3                  | CUSIP: 3132XUR31<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     12425 | PA      | $11130.15     | 0.00%             | 2047-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H04                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H04 FA             | CUSIP: 38378U8L4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1093739 | PA      | $1095341.87   | 0.03%             | 2064-12-20      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| MUTUAL OF OMAHA COMPANIES GLOBAL FUNDING                                         | MUTUAL OF OMAHA GLOBAL SECURED 144A 07/26 5.8              | CUSIP: 62829D2A7<br>LEI: 635400AL5J3F1ZPTAN95 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2210491.25   | 0.06%             | 2026-07-27      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| BANK 2019-BN19                                                                   | BANK BANK 2019 BN19 A3                                     | CUSIP: 06540WBD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4300000 | PA      | $4076323.89   | 0.11%             | 2061-08-15      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| NEUBERGER BERMAN LOAN ADVISERS CLO 43 LTD 2021-43A                               | NEUBERGER BERMAN CLO LTD NEUB 2021 43A AR 144A             | CUSIP: 64134AAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2800000 | PA      | $2801492.23   | 0.08%             | 2036-07-17      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| NAVIENT STUDENT LOAN TRUST 2017-5A                                               | NAVIENT STUDENT LOAN TRUST NAVSL 2017 5A A 144A            | CUSIP: 63940CAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1750603 | PA      | $1739800.55   | 0.05%             | 2066-07-26      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB2429 FN 12/51 FIXED 3                          | CUSIP: 3140QMVX9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  68106888 | PA      | $60016744.02  | 1.64%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REPO BANK AMERICA REPO                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        | 232300000 | PA      | $232300000.01 | 6.33%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 02/36 4.125                                | CUSIP: 91282CPZ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  32300000 | PA      | $31797835.78  | 0.87%             | 2036-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 01/32 4.375                                | CUSIP: 91282CMK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1100000 | PA      | $1118906.25   | 0.03%             | 2032-01-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS1374 FN 03/52 FIXED VAR                        | CUSIP: 3140XGQ44<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  24675646 | PA      | $21720329.85  | 0.59%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB9007 FN 08/54 FIXED 6                          | CUSIP: 3140QVAH7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1853857 | PA      | $1919670.79   | 0.05%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SL3380 FR 02/55 FIXED 5.5                | CUSIP: 31427QXJ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    436361 | PA      | $444241.40    | 0.01%             | 2055-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CC0117 FN 03/55 FIXED 6                          | CUSIP: 3140Y6DX5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2937206 | PA      | $3049325.61   | 0.08%             | 2055-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                                                   | SALESFORCE INC SR UNSECURED 03/29 4.65                     | CUSIP: 79466LAR5<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |   7800000 | PA      | $7817380.35   | 0.21%             | 2029-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RJ4830 FR 09/55 FIXED 5.5                | CUSIP: 3142GVLL3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    372045 | PA      | $380580.14    | 0.01%             | 2055-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UTAH MUNICIPAL POWER AGENCY                                                      | UTAH ST MUNI PWR AGY PWR SPLY UTSPWR 07/28 FIXED 3.237     | CUSIP: 91756TAR2<br>LEI: 549300ZRZ5YVJ6KNNV32 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1964668.20   | 0.05%             | 2028-07-01      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST  2021-B31                                               | BENCHMARK MORTGAGE TRUST BMARK 2021 B31 AAB                | CUSIP: 08163MAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1626000 | PA      | $1533291.98   | 0.04%             | 2054-12-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST 2016-C2                               | JPMDB COMMERCIAL MORTGAGE SECU JPMDB 2016 C2 A4            | CUSIP: 46590LAT9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1650315 | PA      | $1645839.44   | 0.04%             | 2049-06-15      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB4800 FN 10/52 FIXED 4.5                        | CUSIP: 3140QQKN4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6017596 | PA      | $5835265.57   | 0.16%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8464 FR 09/54 FIXED 6.5                | CUSIP: 3132DWMM2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2833808 | PA      | $2931688.32   | 0.08%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA AUTO TRUST 2023-2A                                               | BANK OF AMERICA AUTO TRUST BAAT 2023 2A A4 144A            | CUSIP: 06054YAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3950000 | PA      | $4005939.90   | 0.11%             | 2029-11-15      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-88                                                        | FANNIE MAE FNR 2016 88 AF                                  | CUSIP: 3136AUTX9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1273765 | PA      | $1262492.07   | 0.03%             | 2046-12-25      | Floating      | 4.24%                 | No            |                  2 | On Loan: No      |
| GEORGETOWN UNIVERSITY (THE)                                                      | GEORGETOWN UNIVERSITY SR UNSECURED 04/30 2.247             | CUSIP: 37310PAE1<br>LEI: 549300GCL3B0KVXSX752 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4103571.11   | 0.11%             | 2030-04-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AE0154 FN 07/40 FIXED VAR                        | CUSIP: 31419AE45<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     58084 | PA      | $59726.11     | 0.00%             | 2040-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QE9261 FR 09/52 FIXED 4                  | CUSIP: 3133BKJE0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    465199 | PA      | $440615.19    | 0.01%             | 2052-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN LIFE GLOBAL FUNDING I                                               | MET LIFE GLOB FUNDING I SECURED 144A 01/27 1.875           | CUSIP: 59217GER6<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2459212.93   | 0.07%             | 2027-01-11      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | WELLS FARGO + COMPANY SR UNSECURED 06/28 VAR               | CUSIP: 95000U2S1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   2800000 | PA      | $2733428.52   | 0.07%             | 2028-06-02      | Floating      | 2.39%                 | No            |                  2 | On Loan: No      |
| BANCO BILBAO VIZCAYA ARGENTARIA SA (BBVA)                                        | BANCO BILBAO VIZCAYA ARG SR UNSECURED 03/29 5.381          | CUSIP: 05946KAQ4<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |   3000000 | PA      | $3081221.94   | 0.08%             | 2029-03-13      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| RGA GLOBAL FUNDING                                                               | RGA GLOBAL FUNDING SR SECURED 144A 01/29 2.7               | CUSIP: 76209PAB9<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2376335.75   | 0.06%             | 2029-01-18      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC 4559                                                                 | FREDDIE MAC FHR 4559 AF                                    | CUSIP: 3137BNCR3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1293967 | PA      | $1279091.04   | 0.03%             | 2042-03-15      | Floating      | 4.30%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE PRIME AUTO RECEIVABLES TRUST 2023-2                                  | CAPITAL ONE PRIME AUTO RECEIVA COPAR 2023 2 A3             | CUSIP: 14044EAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2972449 | PA      | $3000134.96   | 0.08%             | 2028-06-15      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| OCTAGON INVESTMENT PARTNERS 40 LTD 2019-1A                                       | OCTAGON INVESTMENT PARTNERS 40 OCT40 2019 1A A1RR 144A     | CUSIP: 67592BAY4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6700000 | PA      | $6702167.25   | 0.18%             | 2035-01-20      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| WYANDOTTE COUNTY-KANSAS CITY UNIFIED GOVERNMENT UTILITY SYSTEM REVENUE           | WYANDOTTE CNTY/KANSAS CITY KS WYAUTL 09/29 FIXED 1.961     | CUSIP: 982674NJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $558789.00    | 0.02%             | 2029-09-01      | Fixed         | 1.96%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.62000 02/14/25-5Y LCH                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-94423.58    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| KKR GROUP FINANCE CO VI LLC                                                      | KKR GRP FIN CO VI LLC COMPANY GUAR 144A 07/29 3.75         | CUSIP: 48252AAA9<br>LEI: 549300TUJWGHJM3FSJ07 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1548912.45   | 0.04%             | 2029-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD ASSET MANAGEMENT LTD                                                  | BROOKFIELD ASSET MANAGEM SR UNSECURED 04/35 5.795          | CUSIP: 113004AA3<br>LEI: 549300CZ84WPNJZKY093 | Long             | DBT              | CORP              | CA        |   5750000 | PA      | $5862037.08   | 0.16%             | 2035-04-24      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| ECMC GROUP STUDENT LOAN TRUST 2020-3A                                            | ECMC GROUP STUDENT LOAN TRUST ECMC 2020 3A A1B 144A        | CUSIP: 26833BAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4306222 | PA      | $4319192.80   | 0.12%             | 2070-01-27      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINANCIAL HOLDINGS LIMITED                                               | FAIRFAX FINL HLDGS LTD SR UNSECURED 05/35 5.75             | CUSIP: 303901BX9<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |   6000000 | PA      | $6152634.96   | 0.17%             | 2035-05-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FA3385 FN 07/55 FIXED VAR                        | CUSIP: 3140W3XP9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    166468 | PA      | $170427.32    | 0.00%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA3444 FN 08/48 FIXED 4.5                        | CUSIP: 31418CZJ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3140383 | PA      | $3087275.50   | 0.08%             | 2048-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SD8455 FR 08/54 FIXED 6.5                | CUSIP: 3132DWMC4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2072165 | PA      | $2144131.65   | 0.06%             | 2054-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RJ2411 FR 09/54 FIXED 6.5                | CUSIP: 3142GSVD7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    812697 | PA      | $843929.33    | 0.02%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC AND GAS COMPANY                                          | PUBLIC SERVICE ELECTRIC SECURED 08/34 4.85                 | CUSIP: 74456QCS3<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |   3700000 | PA      | $3666185.00   | 0.10%             | 2034-08-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AN8717 FN 03/28 FIXED 3.02                       | CUSIP: 3138LMVK6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      1000 | PA      | $981.66       | 0.00%             | 2028-03-01      | Fixed         | 3.02%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2016-1 CLASS A PASS THROUGH TRUST                                | UNITED AIR 2016 1 A PTT PASS THRU CE 01/30 3.45            | CUSIP: 90931MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    496343 | PA      | $482620.49    | 0.01%             | 2030-01-07      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H09                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H09 FB             | CUSIP: 38376RTJ5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1441674 | PA      | $1447507.58   | 0.04%             | 2066-04-20      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | SUTTER HEALTH UNSECURED 08/28 3.695                        | CUSIP: 86944BAD5<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1282912.02   | 0.03%             | 2028-08-15      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2020-C55                                   | WELLS FARGO COMMERCIAL MORTGAG WFCM 2020 C55 ASB           | CUSIP: 95002EAZ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1156460 | PA      | $1122367.08   | 0.03%             | 2053-02-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-82                                                        | FANNIE MAE FNR 2016 82 FM                                  | CUSIP: 3136AUAW1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    111337 | PA      | $109064.29    | 0.00%             | 2046-11-25      | Floating      | 4.20%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BW4871 FN 04/53 FIXED 2.5                        | CUSIP: 3140MWMV5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    371637 | PA      | $313458.86    | 0.01%             | 2053-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA5670 FN 04/55 FIXED 4                          | CUSIP: 31418FJQ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  16037540 | PA      | $15148548.58  | 0.41%             | 2055-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SFS AUTO RECEIVABLES SECURITIZATION TRUST 2024-1A                                | SFS AUTO RECEIVABLES SECURITIZ SFAST 2024 1A A3 144A       | CUSIP: 78435VAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    538177 | PA      | $540833.76    | 0.01%             | 2029-05-21      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                             | GNMA II POOL MA7988 G2 04/52 FIXED 3                       | CUSIP: 36179W2V9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8050865 | PA      | $7197663.76   | 0.20%             | 2052-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN NATIONAL GLOBAL FUNDING                                                 | AMERICAN NATIONAL GF SR SECURED 144A 12/28 4.625           | CUSIP: 02771D2D5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3474622.83   | 0.09%             | 2028-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES GROUP INC                                                 | PNC FINANCIAL SERVICES SR UNSECURED 01/31 VAR              | CUSIP: 693475CB9<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   4400000 | PA      | $4489748.43   | 0.12%             | 2031-01-29      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2024-5C2                                   | WELLS FARGO COMMERCIAL MORTGAG WFCM 2024 5C2 A3            | CUSIP: 95003UAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9900000 | PA      | $10288856.16  | 0.28%             | 2057-11-15      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MARIN CA                                                               | MARIN CNTY CA MAR 08/26 FIXED 5.41                         | CUSIP: 567830BU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $723473.42    | 0.02%             | 2026-08-01      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 981194 FN 04/38 FIXED 5.5                        | CUSIP: 31415ARP8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     41164 | PA      | $42149.27     | 0.00%             | 2038-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC SR UNSECURED 06/31 VAR                   | CUSIP: 404280CH0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   1550000 | PA      | $1432834.59   | 0.04%             | 2031-06-04      | Floating      | 2.85%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 845182 FN 11/35 FIXED 5.5                        | CUSIP: 31407Y6T1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     29949 | PA      | $30800.70     | 0.00%             | 2035-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL 793029 FN 07/34 FLOATING VAR                     | CUSIP: 31405MA64<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     50940 | PA      | $52202.64     | 0.00%             | 2034-07-01      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08769 FG 07/47 FIXED 3                  | CUSIP: 3128MJ2B5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    183857 | PA      | $165723.18    | 0.00%             | 2047-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| OFSI BSL X LTD                                                                   | OFSI FUND LTD OFSBS 2021 10A AR 144A                       | CUSIP: 67115PAW5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3504525.75   | 0.10%             | 2034-04-20      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| ARBOR REALTY COLLATERALIZED LOAN OBLIGATION LTD 2021-FL4                         | ARBOR REALTY COLLATERALIZED LO ARCLO 2021 FL4 A 144A       | CUSIP: 03880RAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2716065 | PA      | $2722651.10   | 0.07%             | 2036-11-15      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| JACKSON NATIONAL LIFE GLOBAL FUNDING                                             | JACKSON NATL LIFE GLOBAL SECURED 144A 09/28 VAR            | CUSIP: 46849CJS1<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3998697.48   | 0.11%             | 2028-09-12      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H14                                | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H14 FA             | CUSIP: 38376RCB0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1253820 | PA      | $1254155.48   | 0.03%             | 2065-06-20      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | FISERV INC SR UNSECURED 08/34 5.15                         | CUSIP: 337738BN7<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1166141.57   | 0.03%             | 2034-08-12      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| VOYA FINANCIAL INC                                                               | VOYA FINANCIAL INC COMPANY GUAR 03/36 5.05                 | CUSIP: 929089AK6<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |   5300000 | PA      | $5122529.24   | 0.14%             | 2036-03-02      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2023-BA                                | NAVIENT STUDENT LOAN TRUST NAVSL 2023 BA A1A 144A          | CUSIP: 63942TAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    689152 | PA      | $706564.90    | 0.02%             | 2072-03-15      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS5125 FN 10/51 FIXED VAR                        | CUSIP: 3140XLVT2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    554868 | PA      | $467342.70    | 0.01%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QB1701 FR 08/50 FIXED 3                  | CUSIP: 3133A73J6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    100736 | PA      | $89330.20     | 0.00%             | 2050-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BW4142 FN 07/52 FIXED 2.5                        | CUSIP: 3140MVS82<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    646339 | PA      | $547421.63    | 0.01%             | 2052-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AREIT TRUST 2023-CRE8                                                            | AREIT CRE TRUST AREIT 2023 CRE8 A 144A                     | CUSIP: 04002BAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |    622846 | PA      | $623628.12    | 0.02%             | 2041-08-17      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| SMITH & NEPHEW PLC                                                               | SMITH + NEPHEW PLC SR UNSECURED 03/34 5.4                  | CUSIP: 83192PAD0<br>LEI: 213800ZTMDN8S67S1H61 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $2029398.16   | 0.06%             | 2034-03-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| RGA GLOBAL FUNDING                                                               | RGA GLOBAL FUNDING SECURED 144A 05/29 5.448                | CUSIP: 76209PAE3<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |   4200000 | PA      | $4303851.51   | 0.12%             | 2029-05-24      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB4379 FN 08/52 FIXED 4                          | CUSIP: 3140QP2M8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    403304 | PA      | $382342.63    | 0.01%             | 2052-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5513                                                          | FREDDIE MAC FHR 5513 MF                                    | CUSIP: 3137HKEX8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  25996068 | PA      | $26166651.24  | 0.71%             | 2054-11-25      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4653 FN 07/52 FIXED 3                          | CUSIP: 31418EE30<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  22016711 | PA      | $19393111.89  | 0.53%             | 2052-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SMBC AVIATION CAPITAL FINANCE DESIGNATED ACTIVITY COMPANY                        | SMBC AVIATION CAPITAL FI COMPANY GUAR 144A 07/33 5.7       | CUSIP: 78448TAK8<br>LEI: 549300OD7VKRVNWB2J98 | Long             | DBT              | CORP              | IE        |   3900000 | PA      | $3986039.89   | 0.11%             | 2033-07-25      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA4652 FN 07/52 FIXED 2.5                        | CUSIP: 31418EE22<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    328593 | PA      | $278075.54    | 0.01%             | 2052-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CORNELL UNIVERSITY                                                               | CORNELL UNIVERSITY SR UNSECURED 06/30 4.169                | CUSIP: 219207AD9<br>LEI: 549300ZZIJPNT0RZWP17 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1787895.47   | 0.05%             | 2030-06-15      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | BANCO SANTANDER SA 01/35 6.033                             | CUSIP: 05964HBK0<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   2200000 | PA      | $2300750.89   | 0.06%             | 2035-01-17      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINANCIAL GROUP INC                                              | SUMITOMO MITSUI FINL GRP SR UNSECURED 07/29 3.04           | CUSIP: 86562MBP4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |   7500000 | PA      | $7135682.78   | 0.19%             | 2029-07-16      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| SAMMONS FINANCIAL GROUP GLOBAL FUNDING                                           | SAMMONS FINANCIAL GLOBAL SR SECURED 144A 09/27 VAR         | CUSIP: 79587J2D4<br>LEI: 635400IPRNPM6HDHRS48 | Long             | DBT              | CORP              | US        |   4250000 | PA      | $4269102.43   | 0.12%             | 2027-09-02      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SL2838 FR 10/55 FIXED 5.5                | CUSIP: 31427QEL2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1066321 | PA      | $1090442.68   | 0.03%             | 2055-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DLLMT 2023-1 LLC                                                                 | DLLMT LLC DLLMT 2023 1A A4 144A                            | CUSIP: 232989AD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5660000 | PA      | $5701902.11   | 0.16%             | 2031-03-20      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                                                | CAPITAL ONE FINANCIAL CO SR UNSECURED 10/31 VAR            | CUSIP: 14040HDC6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   3100000 | PA      | $3424899.03   | 0.09%             | 2031-10-30      | Floating      | 7.62%                 | No            |                  2 | On Loan: No      |
| NAVIENT STUDENT LOAN TRUST 2015-BA                                               | NAVIENT STUDENT LOAN TRUST NAVSL 2015 BA A3 144A           | CUSIP: 63939KAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    927378 | PA      | $928835.21    | 0.03%             | 2040-07-16      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| LRECS 2025-CRE1 LLC                                                              | LRECS 2025 CRE1 LLC LRECS 2025 CRE1 A 144A                 | CUSIP: 50230AAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   8500000 | PA      | $8485233.38   | 0.23%             | 2043-08-19      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL SL2468 FR 09/55 FIXED 5.5                | CUSIP: 31427PW67<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     62508 | PA      | $63939.55     | 0.00%             | 2055-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NAVIENT STUDENT LOAN TRUST 2020-IA                                               | NAVIENT STUDENT LOAN TRUST NAVSL 2020 IA A1B 144A          | CUSIP: 63942AAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1078950 | PA      | $1074068.55   | 0.03%             | 2069-04-15      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC SR UNSECURED 11/32 VAR                        | CUSIP: 06738EBV6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   8000000 | PA      | $7151287.60   | 0.19%             | 2032-11-24      | Floating      | 2.89%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LIFE GLOBAL FUNDING II                                                 | PRINCIPAL LFE GLB FND II SECURED 144A 01/28 4.8            | CUSIP: 74256LFC8<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5536397.52   | 0.15%             | 2028-01-09      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| BMO 2024-5C5 MORTGAGE TRUST                                                      | BMO MORTGAGE TRUST BMO 2024 5C5 A3                         | CUSIP: 05593RAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  12300000 | PA      | $12707644.14  | 0.35%             | 2057-02-15      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS5365 FN 02/50 FIXED VAR                        | CUSIP: 3140XL6B9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2694479 | PA      | $2427537.09   | 0.07%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 11/27 FIXED 2.98      | CUSIP: 64971XJD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6892929.40   | 0.19%             | 2027-11-01      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| AREIT TRUST 2022-CRE6                                                            | AREIT CRE TRUST AREIT 2022 CRE6 A 144A                     | CUSIP: 04002VAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   2328499 | PA      | $2328203.63   | 0.06%             | 2037-01-20      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | US 5YR NOTE (CBT) JUN26 XCBT 20260630                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      4608 | NC      | $-6920525.44  | -0.19%            |  |  |  | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING GROEP NV SR UNSECURED 04/27 VAR                        | CUSIP: 456837AX1<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   4000000 | PA      | $4000000.00   | 0.11%             | 2027-04-01      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| TEXAS ELECTRIC MARKET STABILIZATION FUNDING N LLC                                | TEXAS ELECTRIC MKT STABL SR SECURED 144A 08/36 4.265       | CUSIP: 88240TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8252985 | PA      | $8208447.43   | 0.22%             | 2036-08-01      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                              | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/32 FIXED 3.037    | CUSIP: 38122ND33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4200000 | PA      | $3788426.46   | 0.10%             | 2032-06-01      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AS2741 FN 06/44 FIXED 5                          | CUSIP: 3138WCBK8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     46739 | PA      | $47061.68     | 0.00%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CA9390 FN 03/51 FIXED 2.5                        | CUSIP: 3140QHNG6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     24986 | PA      | $21045.01     | 0.00%             | 2051-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NATWEST GROUP PLC SR UNSECURED 04/26 4.8                   | CUSIP: 780097BA8<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   3000000 | PA      | $2999881.74   | 0.08%             | 2026-04-05      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CANTOR COMMERCIAL REAL ESTATE LENDING 2019-CF2                                   | CANTOR COMMERCIAL REAL ESTATE CF 2019 CF2 ASB              | CUSIP: 12528YAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5891175 | PA      | $5758292.64   | 0.16%             | 2052-11-15      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QF6264 FR 01/53 FIXED 2.5                | CUSIP: 3133BT5Z9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    915913 | PA      | $772532.01    | 0.02%             | 2053-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN CORPORATION                                                         | NORTHWESTERN CORP 1ST MORTGAGE 144A 03/30 5.073            | CUSIP: 66807TAA0<br>LEI: 3BPWMBHR1R9SHUN7J795 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2439214.08   | 0.07%             | 2030-03-21      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB6418 FN 05/53 FIXED 5                          | CUSIP: 3140QSDY4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    868970 | PA      | $861705.93    | 0.02%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON CITY COLLEGE                                                             | HOUSTON TX CMNTY CLG HOUHGR 02/29 FIXED 5                  | CUSIP: 44236PLT3<br>LEI: 549300UWXV516I6N3V90 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2058995.60   | 0.06%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AL1768 FN 05/31 FIXED VAR                        | CUSIP: 3138EH6E7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     13862 | PA      | $13998.72     | 0.00%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLUEMOUNTAIN CLO XXXIV LTD                                                       | BLUEMOUNTAIN CLO LTD BLUEM 2022 34A AR 144A                | CUSIP: 09631JAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2400000 | PA      | $2400574.15   | 0.07%             | 2035-04-20      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2017-1 CLASS AA PASS THROUGH TRUST                             | AMER AIRLINE 17 1 AA PTT PASS THRU CE 02/29 3.65           | CUSIP: 023761AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1759250 | PA      | $1712794.89   | 0.05%             | 2029-02-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08726 FG 10/46 FIXED 3                  | CUSIP: 3128MJYY0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     13959 | PA      | $12607.77     | 0.00%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL MA5271 FN 02/54 FIXED 5.5                        | CUSIP: 31418E2D1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  24983651 | PA      | $25147512.61  | 0.69%             | 2054-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL CB8159 FN 03/54 FIXED 6                          | CUSIP: 3140QUB54<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    393484 | PA      | $406986.55    | 0.01%             | 2054-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL AL7090 FN 10/37 FLOATING VAR                     | CUSIP: 3138EP2Y9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     99216 | PA      | $103568.94    | 0.00%             | 2037-10-01      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL RJ0147 FR 09/53 FIXED 2.5                | CUSIP: 3142GQEV0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    248524 | PA      | $209537.23    | 0.01%             | 2053-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA (AKA: RABOBANK NEDERLAND)                               | COOPERATIEVE RABOBANK UA 144A 01/33 VAR                    | CUSIP: 74977RDU5<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |   4000000 | PA      | $4157707.20   | 0.11%             | 2033-01-21      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| BANK5 2025-5YR17                                                                 | BANK5 BANK5 2025 5YR17 A2                                  | CUSIP: 06211GAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3500000 | PA      | $3509391.55   | 0.10%             | 2058-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 3843                                                          | FREDDIE MAC FHR 3843 FE                                    | CUSIP: 3137A9HT6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    156637 | PA      | $155900.15    | 0.00%             | 2041-04-15      | Floating      | 4.34%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL QJ2139 FR 08/54 FIXED 6.5                | CUSIP: 3133CSLU3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    859580 | PA      | $899018.36    | 0.02%             | 2054-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                             | JPMORGAN CHASE + CO SR UNSECURED 10/30 VAR                 | CUSIP: 46647PBE5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2543523.47   | 0.07%             | 2030-10-15      | Floating      | 2.74%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 08/27 FIXED 5.008     | CUSIP: 64971M4Q2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $910069.56    | 0.02%             | 2027-08-01      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY COMPANY LLC                                              | ONCOR ELECTRIC DELIVERY SR SECURED 144A 03/31 4.5          | CUSIP: 68233JDL5<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |   5600000 | PA      | $5571825.50   | 0.15%             | 2031-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP INC (MUFG)                                        | MITSUBISHI UFJ FIN GRP SR UNSECURED 07/30 2.048            | CUSIP: 606822BU7<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |   6000000 | PA      | $5400579.66   | 0.15%             | 2030-07-17      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2019-L3                                           | MORGAN STANLEY CAPITAL I TRUST MSC 2019 L3 ASB             | CUSIP: 61691UBC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4506202 | PA      | $4397796.50   | 0.12%             | 2052-11-15      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL G08863 FG 02/49 FIXED 4.5                | CUSIP: 3128MJ5Z9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2274117 | PA      | $2235670.94   | 0.06%             | 2049-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5115                                                          | FREDDIE MAC FHR 5115 DA                                    | CUSIP: 3137H0VQ8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1993168 | PA      | $1764622.55   | 0.05%             | 2042-02-25      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL FS6035 FN 06/51 FIXED VAR                        | CUSIP: 3140XMV52<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3880182 | PA      | $3272931.69   | 0.09%             | 2051-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2025-V16 MORTGAGE TRUST                                                | BENCHMARK MORTGAGE TRUST BMARK 2025 V16 A3                 | CUSIP: 08164RAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2700000 | PA      | $2773779.66   | 0.08%             | 2058-08-15      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NATWEST GROUP PLC SR UNSECURED 06/27 VAR                   | CUSIP: 639057AC2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |  10000000 | PA      | $9939625.30   | 0.27%             | 2027-06-14      | Floating      | 1.64%                 | No            |                  2 | On Loan: No      |
| JAMESTOWN CLO XVI LTD 2021-16A                                                   | JAMESTOWN CLO LTD JTWN 2021 16A AR 144A                    | CUSIP: 47048RAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3200000 | PA      | $3202719.65   | 0.09%             | 2034-07-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL FUNDING                                                   | PROTECTIVE LIFE GLOBAL SECURED 144A 01/32 5.432            | CUSIP: 74368CCB8<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2051835.58   | 0.06%             | 2032-01-14      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                             | FNMA POOL BV2634 FN 07/52 FIXED 4                          | CUSIP: 3140MF4U4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     22320 | PA      | $21082.90     | 0.00%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | US TREASURY N/B 10/30 4.875                                | CUSIP: 91282CJG7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 105000000 | PA      | $109103613.15 | 2.97%             | 2030-10-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-26

**Name of Applicant:** PIMCO Funds

**Signature:** /s/ Bijal Parikh

**Name of Signer:** Bijal Parikh

**Title:** Treasurer