# EDGAR Filing Document

**Accession Number:** 0000751173
**File Stem:** 0001752724-23-067864
**Filing Date:** 2023-3
**Character Count:** 202427
**Document Hash:** 78a53b69e5aead397d3a1d76af9f245e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-067864.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001752724-23-067864

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230327

**DATE AS OF CHANGE**: 20230327

**PERIOD START**: 20231031

**FILER**: 

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04087
- **FILM NUMBER:** 23764024

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

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

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

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

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

## Series and Classes Contracts Data

### Pro-Blend(R) Extended Term Series (Series ID: S000003639)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000010109 | Pro-Blend(R) Extended Term Series Class L | MNECX           |
| C000010111 | Pro-Blend(R) Extended Term Series Class R | MNBRX           |
| C000010113 | Pro-Blend(R) Extended Term Series Class S | MNBAX           |
| C000059954 | Pro-Blend(R) Extended Term Series Class I | MNBIX           |
| C000206456 | Class W                                   | MNBWX           |

## Nport-Ex

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;PRO-BLEND<sup>®</sup> EXTENDED TERM SERIES | SHARES/<br> PRINCIPAL <br> AMOUNT<sup>1</sup> | VALUE |
| **COMMON STOCKS - 46.7%** |  |  |
| **Communication Services - 3.8%** |  |  |
| &nbsp;&nbsp;&nbsp;**Diversified Telecommunication Services - 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;Cellnex Telecom S.A. - ADR (Spain) | 16300 | $317524 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cellnex Telecom S.A. (Spain)<sup>2</sup> | 15395 | 603300 |
| &nbsp;&nbsp;&nbsp;&nbsp;Helios Towers plc (Tanzania)<sup>\*</sup> | 131635 | 173646 |
| &nbsp;&nbsp;&nbsp;&nbsp;Radius Global Infrastructure, Inc. - Class A<sup>\*</sup> | 59538 | 801977 |
|  |  | 1896447 |
| &nbsp;&nbsp;&nbsp;**Entertainment - 1.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Activision Blizzard, Inc. | 41731 | 3195343 |
| &nbsp;&nbsp;&nbsp;Electronic Arts, Inc. | 22149 | 2850133 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ubisoft Entertainment S.A. (France)<sup>\*</sup> | 8402 | 173977 |
|  |  | 6219453 |
| &nbsp;&nbsp;&nbsp;**Interactive Media & Services - 2.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class A<sup>\*</sup> | 83626 | 8265594 |
| &nbsp;&nbsp;&nbsp;&nbsp;Auto Trader Group plc (United Kingdom)<sup>2</sup> | 87064 | 675485 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meta Platforms, Inc. - Class A<sup>\*</sup> | 28335 | 4221065 |
| &nbsp;&nbsp;&nbsp;Tencent Holdings Ltd. (China) | 6700 | 326483 |
|  |  | 13488627 |
| &nbsp;&nbsp;&nbsp;**Media - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;Comcast Corp. - Class A | 4525 | 178058 |
| &nbsp;&nbsp;&nbsp;Omnicom Group, Inc. | 518 | 44543 |
| &nbsp;&nbsp;&nbsp;Paramount Global - Class B | 993 | 22998 |
|  |  | 245599 |
| **Total Communication Services** |  | 21850126 |
| **Consumer Discretionary - 4.8%** |  |  |
| &nbsp;&nbsp;&nbsp;**Distributors - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;Genuine Parts Co. | 329 | 55213 |
| &nbsp;&nbsp;&nbsp;**Hotels, Restaurants & Leisure - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Marriott Vacations Worldwide Corp. | 971 | 155399 |
| &nbsp;&nbsp;&nbsp;McDonald's Corp. | 578 | 154557 |
| &nbsp;&nbsp;&nbsp;&nbsp;Playa Hotels & Resorts N.V.<sup>\*</sup> | 15731 | 119241 |
| &nbsp;&nbsp;&nbsp;Restaurant Brands International, Inc. (Canada) | 3201 | 214243 |
|  |  | 643440 |
| &nbsp;&nbsp;&nbsp;**Household Durables - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Garmin Ltd. | 457 | 45188 |
| &nbsp;&nbsp;&nbsp;Lennar Corp. - Class A | 474 | 48538 |
| &nbsp;&nbsp;&nbsp;Nikon Corp. (Japan) | 20000 | 197468 |
| &nbsp;&nbsp;&nbsp;Sony Group Corp. (Japan) | 3800 | 339536 |
|  |  | 630730 |
| &nbsp;&nbsp;&nbsp;**Internet & Direct Marketing Retail - 2.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc.<sup>\*</sup> | 155948 | 16082917 |
| &nbsp;&nbsp;&nbsp;eBay, Inc. | 851 | 42125 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meituan - Class B (China)<sup>\*2</sup> | 790 | 17661 |
| &nbsp;&nbsp;&nbsp;&nbsp;MercadoLibre, Inc. (Brazil)<sup>\*</sup> | 415 | 490401 |
|  |  | 16633104 |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/<br> PRINCIPAL <br> AMOUNT<sup>1</sup> | VALUE |
| **COMMON STOCKS** (continued) |  |  |
| **Consumer Discretionary** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Multiline Retail - 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dollar Tree, Inc.<sup>\*</sup> | 21426 | $3217756 |
| &nbsp;&nbsp;&nbsp;Target Corp. | 455 | 78324 |
|  |  | 3296080 |
| &nbsp;&nbsp;&nbsp;**Specialty Retail - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Best Buy Co., Inc. | 468 | 41521 |
| &nbsp;&nbsp;&nbsp;The Home Depot, Inc. | 908 | 294347 |
| &nbsp;&nbsp;&nbsp;Ross Stores, Inc. | 457 | 54013 |
| &nbsp;&nbsp;&nbsp;The TJX Companies, Inc. | 1234 | 101015 |
| &nbsp;&nbsp;&nbsp;Tractor Supply Co. | 171 | 38986 |
|  |  | 529882 |
| &nbsp;&nbsp;&nbsp;**Textiles, Apparel & Luxury Goods - 1.0%** |  |  |
| &nbsp;&nbsp;&nbsp;adidas AG - ADR (Germany) | 27665 | 2214583 |
| &nbsp;&nbsp;&nbsp;adidas AG (Germany) | 3474 | 559371 |
| &nbsp;&nbsp;&nbsp;&nbsp;lululemon athletica, Inc. <sup>\*</sup> | 616 | 189038 |
| &nbsp;&nbsp;&nbsp;NIKE, Inc. - Class B | 22403 | 2852574 |
| &nbsp;&nbsp;&nbsp;VF Corp. | 630 | 19492 |
|  |  | 5835058 |
| **Total Consumer Discretionary** |  | 27623507 |
| **Consumer Staples - 5.4%** |  |  |
| &nbsp;&nbsp;&nbsp;**Beverages - 1.6%** |  |  |
| &nbsp;&nbsp;&nbsp;The Coca-Cola Co. | 70377 | 4315518 |
| &nbsp;&nbsp;&nbsp;Diageo plc (United Kingdom) | 6319 | 276305 |
| &nbsp;&nbsp;&nbsp;Heineken N.V. - ADR (Netherlands) | 89131 | 4452094 |
| &nbsp;&nbsp;&nbsp;Heineken N.V. (Netherlands) | 3759 | 375670 |
|  |  | 9419587 |
| &nbsp;&nbsp;&nbsp;**Food & Staples Retailing - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;The Kroger Co. | 1265 | 56457 |
| &nbsp;&nbsp;&nbsp;Walgreens Boots Alliance, Inc. | 1153 | 42499 |
| &nbsp;&nbsp;&nbsp;Walmart, Inc. | 2224 | 319967 |
|  |  | 418923 |
| &nbsp;&nbsp;&nbsp;**Food Products - 2.0%** |  |  |
| &nbsp;&nbsp;&nbsp;Archer-Daniels-Midland Co. | 899 | 74482 |
| &nbsp;&nbsp;&nbsp;Bunge Ltd. | 343 | 33991 |
| &nbsp;&nbsp;&nbsp;Campbell Soup Co. | 783 | 40661 |
| &nbsp;&nbsp;&nbsp;Conagra Brands, Inc. | 1185 | 44070 |
| &nbsp;&nbsp;&nbsp;Danone S.A. (France) | 4088 | 224183 |
| &nbsp;&nbsp;&nbsp;General Mills, Inc. | 1038 | 81338 |
| &nbsp;&nbsp;&nbsp;The J.M. Smucker Co. | 277 | 42326 |
| &nbsp;&nbsp;&nbsp;Kerry Group plc - Class A (Ireland) | 3309 | 310054 |
| &nbsp;&nbsp;&nbsp;Mondelez International, Inc. - Class A | 86429 | 5655914 |
| &nbsp;&nbsp;&nbsp;Nestle S.A. - ADR | 38039 | 4648936 |
| &nbsp;&nbsp;&nbsp;Nestle S.A. | 4429 | 540378 |
| &nbsp;&nbsp;&nbsp;Tyson Foods, Inc. - Class A | 674 | 44315 |
|  |  | 11740648 |
| &nbsp;&nbsp;&nbsp;**Household Products - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Colgate-Palmolive Co. | 1271 | 94728 |

---

**1**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;PRO-BLEND<sup>®</sup> EXTENDED TERM SERIES | SHARES/<br> PRINCIPAL <br> AMOUNT<sup>1</sup> | VALUE |
| **COMMON STOCKS** (continued) |  |  |
| **Consumer Staples** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Household Products** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Kimberly-Clark de Mexico S.A.B. de C.V. - Class A (Mexico) | 313700 | $597230 |
| &nbsp;&nbsp;&nbsp;The Procter & Gamble Co. | 2010 | 286184 |
|  |  | 978142 |
| &nbsp;&nbsp;&nbsp;**Personal Products - 1.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Beiersdorf AG (Germany) | 3085 | 375067 |
| &nbsp;&nbsp;&nbsp;L'Oreal S.A. (France) | 293 | 120983 |
| &nbsp;&nbsp;&nbsp;Unilever plc - ADR (United Kingdom) | 157978 | 8072676 |
|  |  | 8568726 |
| **Total Consumer Staples** |  | 31126026 |
| **Energy - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;**Oil, Gas & Consumable Fuels - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Chevron Corp. | 1278 | 222397 |
| &nbsp;&nbsp;&nbsp;ConocoPhillips | 1183 | 144172 |
| &nbsp;&nbsp;&nbsp;Coterra Energy, Inc. | 1295 | 32414 |
| &nbsp;&nbsp;&nbsp;Devon Energy Corp. | 915 | 57864 |
| &nbsp;&nbsp;&nbsp;Diamondback Energy, Inc. | 292 | 42667 |
| &nbsp;&nbsp;&nbsp;EOG Resources, Inc. | 647 | 85566 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jonah Energy Parent LLC<sup>\*3</sup> | 6986 | 434739 |
| &nbsp;&nbsp;&nbsp;Marathon Petroleum Corp. | 665 | 85466 |
| &nbsp;&nbsp;&nbsp;Pioneer Natural Resources Co. | 288 | 66341 |
| **Total Energy** |  | 1171626 |
| **Financials - 4.2%** |  |  |
| &nbsp;&nbsp;&nbsp;**Banks - 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;The Bank of N.T. Butterfield & Son Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Bermuda) | 6502 | 207804 |
| &nbsp;&nbsp;&nbsp;Citigroup, Inc. | 2682 | 140054 |
| &nbsp;&nbsp;&nbsp;Fifth Third Bancorp | 1436 | 52113 |
| &nbsp;&nbsp;&nbsp;FinecoBank Banca Fineco S.p.A. (Italy) | 29076 | 521968 |
| &nbsp;&nbsp;&nbsp;HDFC Bank Ltd. - ADR (India) | 6463 | 435348 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co. | 2544 | 356058 |
| &nbsp;&nbsp;&nbsp;KeyCorp. | 1580 | 30320 |
| &nbsp;&nbsp;&nbsp;Regions Financial Corp. | 2208 | 51976 |
| &nbsp;&nbsp;&nbsp;U.S. Bancorp | 2170 | 108066 |
|  |  | 1903707 |
| &nbsp;&nbsp;&nbsp;**Capital Markets - 3.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Allfunds Group plc (United Kingdom) | 26289 | 209128 |
| &nbsp;&nbsp;&nbsp;Avanza Bank Holding AB (Sweden) | 14899 | 343774 |
| &nbsp;&nbsp;&nbsp;Deutsche Boerse AG (Germany) | 2353 | 421051 |
| &nbsp;&nbsp;&nbsp;Intercontinental Exchange, Inc. | 86887 | 9344697 |
| &nbsp;&nbsp;&nbsp;Intermediate Capital Group plc (United Kingdom) | 22075 | 379854 |
| &nbsp;&nbsp;&nbsp;Moody's Corp. | 16138 | 5208539 |
| &nbsp;&nbsp;&nbsp;S&P Global, Inc. | 5785 | 2169028 |
|  |  | 18076071 |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/<br> PRINCIPAL <br> AMOUNT<sup>1</sup> | VALUE |
| **COMMON STOCKS** (continued) |  |  |
| **Financials** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Insurance - 0.7%** |  |  |
| &nbsp;&nbsp;&nbsp;Admiral Group plc - ADR (United Kingdom) | 111646 | $3026723 |
| &nbsp;&nbsp;&nbsp;Admiral Group plc (United Kingdom) | 24443 | 664491 |
| &nbsp;&nbsp;&nbsp;The Allstate Corp. | 515 | 66162 |
| &nbsp;&nbsp;&nbsp;Chubb Ltd. | 587 | 133537 |
| &nbsp;&nbsp;&nbsp;Cincinnati Financial Corp. | 358 | 40508 |
| &nbsp;&nbsp;&nbsp;RenaissanceRe Holdings Ltd. (Bermuda) | 1118 | 218781 |
| &nbsp;&nbsp;&nbsp;The Travelers Companies, Inc. | 421 | 80462 |
|  |  | 4230664 |
| **Total Financials** |  | 24210442 |
| **Health Care - 7.7%** |  |  |
| &nbsp;&nbsp;&nbsp;**Biotechnology - 1.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BioMarin Pharmaceutical, Inc.<sup>\*</sup> | 33281 | 3838963 |
| &nbsp;&nbsp;&nbsp;Gilead Sciences, Inc. | 1794 | 150588 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seagen, Inc.<sup>\*</sup> | 16707 | 2330293 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vertex Pharmaceuticals, Inc.<sup>\*</sup> | 11191 | 3615812 |
|  |  | 9935656 |
| &nbsp;&nbsp;&nbsp;**Health Care Equipment & Supplies - 2.4%** |  |  |
| &nbsp;&nbsp;&nbsp;Abbott Laboratories | 1304 | 144157 |
| &nbsp;&nbsp;&nbsp;Alcon, Inc. (Switzerland) | 50659 | 3810063 |
| &nbsp;&nbsp;&nbsp;Baxter International, Inc. | 678 | 30978 |
| &nbsp;&nbsp;&nbsp;Getinge AB - Class B (Sweden) | 23076 | 519847 |
| &nbsp;&nbsp;&nbsp;&nbsp;IDEXX Laboratories, Inc.<sup>\*</sup> | 6195 | 2976698 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intuitive Surgical, Inc.<sup>\*</sup> | 11660 | 2864745 |
| &nbsp;&nbsp;&nbsp;Medtronic plc | 37377 | 3128081 |
|  |  | 13474569 |
| &nbsp;&nbsp;&nbsp;**Health Care Providers & Services - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;Quest Diagnostics, Inc. | 312 | 46326 |
| &nbsp;&nbsp;&nbsp;**Life Sciences Tools & Services - 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Thermo Fisher Scientific, Inc. | 5016 | 2860775 |
| &nbsp;&nbsp;&nbsp;**Pharmaceuticals - 3.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Bristol-Myers Squibb Co. | 2370 | 172181 |
| &nbsp;&nbsp;&nbsp;Dechra Pharmaceuticals plc (United Kingdom) | 10453 | 370728 |
| &nbsp;&nbsp;&nbsp;Johnson & Johnson | 55025 | 8992185 |
| &nbsp;&nbsp;&nbsp;Merck & Co., Inc. | 2534 | 272177 |
| &nbsp;&nbsp;&nbsp;Novartis AG - ADR (Switzerland) | 71368 | 6467368 |
| &nbsp;&nbsp;&nbsp;Pfizer, Inc. | 3818 | 168603 |
| &nbsp;&nbsp;&nbsp;Royalty Pharma plc - Class A | 910 | 35663 |
| &nbsp;&nbsp;&nbsp;Zoetis, Inc. | 9028 | 1494044 |
|  |  | 17972949 |
| **Total Health Care** |  | 44290275 |
| **Industrials - 3.9%** |  |  |
| &nbsp;&nbsp;&nbsp;**Aerospace & Defense - 1.6%** |  |  |
| &nbsp;&nbsp;&nbsp;Airbus SE (France) | 2368 | 296866 |
| &nbsp;&nbsp;&nbsp;BAE Systems plc - ADR (United Kingdom) | 66795 | 2854150 |

---

**2**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;PRO-BLEND<sup>®</sup> EXTENDED TERM SERIES | SHARES/<br> PRINCIPAL <br> AMOUNT<sup>1</sup> | VALUE |
| **COMMON STOCKS** (continued) |  |  |
| **Industrials** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Aerospace & Defense** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;BAE Systems plc (United Kingdom) | 52732 | $558224 |
| &nbsp;&nbsp;&nbsp;General Dynamics Corp. | 425 | 99050 |
| &nbsp;&nbsp;&nbsp;L3Harris Technologies, Inc. | 13147 | 2824239 |
| &nbsp;&nbsp;&nbsp;Lockheed Martin Corp. | 331 | 153339 |
| &nbsp;&nbsp;&nbsp;Northrop Grumman Corp. | 5492 | 2460636 |
|  |  | 9246504 |
| &nbsp;&nbsp;&nbsp;**Air Freight & Logistics - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;C.H. Robinson Worldwide, Inc. | 353 | 35360 |
| &nbsp;&nbsp;&nbsp;United Parcel Service, Inc. - Class B | 731 | 135403 |
|  |  | 170763 |
| &nbsp;&nbsp;&nbsp;**Airlines - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ryanair Holdings plc - ADR (Ireland)<sup>\*</sup> | 2412 | 218358 |
| &nbsp;&nbsp;&nbsp;**Building Products - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Assa Abloy AB - Class B (Sweden) | 16246 | 382695 |
| &nbsp;&nbsp;&nbsp;Johnson Controls International plc | 1207 | 83971 |
| &nbsp;&nbsp;&nbsp;Trane Technologies plc | 309 | 55348 |
|  |  | 522014 |
| &nbsp;&nbsp;&nbsp;**Commercial Services & Supplies - 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;Cleanaway Waste Management Ltd. (Australia) | 244322 | 473412 |
| &nbsp;&nbsp;&nbsp;&nbsp;Copart, Inc.<sup>\*</sup> | 42759 | 2848177 |
| &nbsp;&nbsp;&nbsp;Republic Services, Inc. | 554 | 69150 |
| &nbsp;&nbsp;&nbsp;Waste Management, Inc. | 619 | 95778 |
|  |  | 3486517 |
| &nbsp;&nbsp;&nbsp;**Electrical Equipment - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;Eaton Corp. plc | 654 | 106085 |
| &nbsp;&nbsp;&nbsp;Emerson Electric Co. | 945 | 85258 |
|  |  | 191343 |
| &nbsp;&nbsp;&nbsp;**Industrial Conglomerates - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;3M Co. | 801 | 92179 |
| &nbsp;&nbsp;&nbsp;Honeywell International, Inc. | 820 | 170954 |
|  |  | 263133 |
| &nbsp;&nbsp;&nbsp;**Machinery - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Caterpillar, Inc. | 676 | 170548 |
| &nbsp;&nbsp;&nbsp;Cummins, Inc. | 294 | 73365 |
| &nbsp;&nbsp;&nbsp;Illinois Tool Works, Inc. | 487 | 114952 |
| &nbsp;&nbsp;&nbsp;Parker-Hannifin Corp. | 182 | 59332 |
| &nbsp;&nbsp;&nbsp;Rotork plc (United Kingdom) | 53050 | 208976 |
| &nbsp;&nbsp;&nbsp;Stanley Black & Decker, Inc. | 261 | 23310 |
|  |  | 650483 |
| &nbsp;&nbsp;&nbsp;**Road & Rail - 1.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Canadian National Railway Co. (Canada) | 27816 | 3312607 |
| &nbsp;&nbsp;&nbsp;Norfolk Southern Corp. | 12209 | 3001094 |
| &nbsp;&nbsp;&nbsp;Union Pacific Corp. | 755 | 154164 |
|  |  | 6467865 |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/<br> PRINCIPAL <br> AMOUNT<sup>1</sup> | VALUE |
| **COMMON STOCKS** (continued) |  |  |
| **Industrials** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Trading Companies & Distributors - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Brenntag SE (Germany) | 3216 | $240068 |
| &nbsp;&nbsp;&nbsp;IMCD N.V. (Netherlands) | 774 | 122704 |
|  |  | 362772 |
| &nbsp;&nbsp;&nbsp;**Transportation Infrastructure - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Auckland International Airport Ltd. (New Zealand)<sup>\*</sup>. | 35900 | 197577 |
| &nbsp;&nbsp;&nbsp;Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (Mexico) | 8500 | 77658 |
| &nbsp;&nbsp;&nbsp;Grupo Aeroportuario del Pacifico S.A.B. de C.V. - ADR (Mexico) | 462 | 79728 |
| &nbsp;&nbsp;&nbsp;Grupo Aeroportuario del Sureste S.A.B. de C.V. - ADR (Mexico) | 310 | 84320 |
|  |  | 439283 |
| **Total Industrials** |  | 22019035 |
| **Information Technology - 8.8%** |  |  |
| &nbsp;&nbsp;&nbsp;**Communications Equipment - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Cisco Systems, Inc. | 4173 | 203100 |
| &nbsp;&nbsp;&nbsp;Motorola Solutions, Inc. | 303 | 77874 |
|  |  | 280974 |
| &nbsp;&nbsp;&nbsp;**Electronic Equipment, Instruments & Components - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Keyence Corp. (Japan) | 900 | 414332 |
| &nbsp;&nbsp;&nbsp;Softwareone Holding AG (Germany) | 21422 | 345888 |
| &nbsp;&nbsp;&nbsp;TE Connectivity Ltd. | 432 | 54929 |
|  |  | 815149 |
| &nbsp;&nbsp;&nbsp;**IT Services - 4.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Adyen N.V. - ADR (Netherlands)<sup>\*</sup> | 159730 | 2402339 |
| &nbsp;&nbsp;&nbsp;&nbsp;Adyen N.V. (Netherlands)<sup>\*2</sup> | 279 | 421822 |
| &nbsp;&nbsp;&nbsp;Automatic Data Processing, Inc. | 528 | 119228 |
| &nbsp;&nbsp;&nbsp;Broadridge Financial Solutions, Inc. | 262 | 39394 |
| &nbsp;&nbsp;&nbsp;Keywords Studios plc (Ireland) | 3051 | 107162 |
| &nbsp;&nbsp;&nbsp;Mastercard, Inc. - Class A | 22817 | 8455980 |
| &nbsp;&nbsp;&nbsp;&nbsp;PayPal Holdings, Inc.<sup>\*</sup> | 38033 | 3099309 |
| &nbsp;&nbsp;&nbsp;&nbsp;Snowflake, Inc. - Class A<sup>\*</sup> | 15174 | 2373821 |
| &nbsp;&nbsp;&nbsp;&nbsp;StoneCo Ltd. - Class A (Brazil)<sup>\*</sup> | 9971 | 111276 |
| &nbsp;&nbsp;&nbsp;Visa, Inc. - Class A | 30982 | 7132366 |
|  |  | 24262697 |
| &nbsp;&nbsp;&nbsp;**Semiconductors & Semiconductor Equipment - 1.0%** |  |  |
| &nbsp;&nbsp;&nbsp;Analog Devices, Inc. | 718 | 123116 |
| &nbsp;&nbsp;&nbsp;Intel Corp. | 4566 | 129035 |
| &nbsp;&nbsp;&nbsp;Microchip Technology, Inc. | 752 | 58370 |
| &nbsp;&nbsp;&nbsp;QUALCOMM, Inc. | 1312 | 174772 |
| &nbsp;&nbsp;&nbsp;Skyworks Solutions, Inc. | 274 | 30050 |
| &nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co. Ltd. - ADR (Taiwan) | 53302 | 4942694 |
| &nbsp;&nbsp;&nbsp;Texas Instruments, Inc. | 771 | 136629 |
| &nbsp;&nbsp;&nbsp;Tokyo Electron Ltd. (Japan) | 500 | 174762 |
|  |  | 5769428 |

---

**3**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;PRO-BLEND<sup>®</sup> EXTENDED TERM SERIES | SHARES/<br> PRINCIPAL <br> AMOUNT<sup>1</sup> | VALUE |
| **COMMON STOCKS** (continued) |  |  |
| **Information Technology** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Software - 3.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlassian Corp. - Class A <sup>\*</sup> | 2268 | $366554 |
| &nbsp;&nbsp;&nbsp;Intuit, Inc. | 6878 | 2907124 |
| &nbsp;&nbsp;&nbsp;Microsoft Corp. | 23733 | 5881275 |
| &nbsp;&nbsp;&nbsp;&nbsp;Salesforce, Inc.<sup>\*</sup> | 25801 | 4333794 |
| &nbsp;&nbsp;&nbsp;&nbsp;ServiceNow, Inc.<sup>\*</sup> | 12371 | 5630413 |
|  |  | 19119160 |
| &nbsp;&nbsp;&nbsp;**Technology Hardware, Storage & Peripherals - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;NetApp, Inc. | 544 | 36029 |
| **Total Information Technology** |  | 50283437 |
| **Materials - 2.9%** |  |  |
| &nbsp;&nbsp;&nbsp;**Chemicals - 2.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Air Liquide S.A. - ADR (France) | 133548 | 4245491 |
| &nbsp;&nbsp;&nbsp;Air Liquide S.A. (France) | 3783 | 602352 |
| &nbsp;&nbsp;&nbsp;Dow, Inc. | 897 | 53237 |
| &nbsp;&nbsp;&nbsp;Eastman Chemical Co. | 321 | 28303 |
| &nbsp;&nbsp;&nbsp;FMC Corp. | 55335 | 7366749 |
| &nbsp;&nbsp;&nbsp;International Flavors & Fragrances, Inc. | 488 | 54881 |
| &nbsp;&nbsp;&nbsp;Linde plc (United Kingdom) | 660 | 218420 |
| &nbsp;&nbsp;&nbsp;LyondellBasell Industries N.V. - Class A | 441 | 42640 |
| &nbsp;&nbsp;&nbsp;PPG Industries, Inc. | 319 | 41578 |
|  |  | 12653651 |
| &nbsp;&nbsp;&nbsp;**Containers & Packaging - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;Packaging Corp. of America | 229 | 32678 |
| &nbsp;&nbsp;&nbsp;**Metals & Mining - 0.7%** |  |  |
| &nbsp;&nbsp;&nbsp;Barrick Gold Corp. (Canada) | 97525 | 1906614 |
| &nbsp;&nbsp;&nbsp;Newmont Corp. | 29312 | 1551484 |
| &nbsp;&nbsp;&nbsp;Nucor Corp. | 466 | 78763 |
| &nbsp;&nbsp;&nbsp;Steel Dynamics, Inc. | 462 | 55736 |
|  |  | 3592597 |
| **Total Materials** |  | 16278926 |
| **Real Estate - 4.4%** |  |  |
| &nbsp;&nbsp;&nbsp;**Equity Real Estate Investment Trusts (REITS) - 4.4%** |  |  |
| &nbsp;&nbsp;&nbsp;Agree Realty Corp. | 4936 | 368374 |
| &nbsp;&nbsp;&nbsp;American Homes 4 Rent - Class A | 8760 | 300380 |
| &nbsp;&nbsp;&nbsp;American Tower Corp. | 1524 | 340446 |
| &nbsp;&nbsp;&nbsp;Americold Realty Trust, Inc. | 5748 | 180545 |
| &nbsp;&nbsp;&nbsp;AvalonBay Communities, Inc. | 1452 | 257643 |
| &nbsp;&nbsp;&nbsp;Brandywine Realty Trust | 17239 | 113088 |
| &nbsp;&nbsp;&nbsp;Camden Property Trust | 2016 | 248391 |
| &nbsp;&nbsp;&nbsp;CareTrust REIT, Inc. | 12371 | 256327 |
| &nbsp;&nbsp;&nbsp;Community Healthcare Trust, Inc. | 10918 | 468164 |
| &nbsp;&nbsp;&nbsp;Cousins Properties, Inc. | 13111 | 359504 |
| &nbsp;&nbsp;&nbsp;Digital Realty Trust, Inc. | 4181 | 479226 |
| &nbsp;&nbsp;&nbsp;Equinix, Inc. | 6287 | 4640623 |
| &nbsp;&nbsp;&nbsp;Equity LifeStyle Properties, Inc. | 7964 | 571656 |
| &nbsp;&nbsp;&nbsp;Essex Property Trust, Inc. | 752 | 170005 |
| &nbsp;&nbsp;&nbsp;Flagship Communities REIT | 15519 | 248149 |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/<br> PRINCIPAL <br> AMOUNT<sup>1</sup> | VALUE |
| **COMMON STOCKS** (continued) |  |  |
| **Real Estate** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Equity Real Estate Investment Trusts (REITS)** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Getty Realty Corp. | 12998 | $473517 |
| &nbsp;&nbsp;&nbsp;Healthcare Realty Trust, Inc. | 27873 | 600106 |
| &nbsp;&nbsp;&nbsp;Independence Realty Trust, Inc. | 13584 | 255787 |
| &nbsp;&nbsp;&nbsp;Invitation Homes, Inc. | 14762 | 479765 |
| &nbsp;&nbsp;&nbsp;Life Storage, Inc. | 3209 | 346700 |
| &nbsp;&nbsp;&nbsp;LXP Industrial Trust | 20602 | 237953 |
| &nbsp;&nbsp;&nbsp;Mid-America Apartment Communities, Inc. | 2862 | 477153 |
| &nbsp;&nbsp;&nbsp;Prologis, Inc. | 17776 | 2298081 |
| &nbsp;&nbsp;&nbsp;Public Storage | 2631 | 800719 |
| &nbsp;&nbsp;&nbsp;Realty Income Corp. | 5193 | 352241 |
| &nbsp;&nbsp;&nbsp;Rexford Industrial Realty, Inc. | 9340 | 592810 |
| &nbsp;&nbsp;&nbsp;SBA Communications Corp. | 23078 | 6866397 |
| &nbsp;&nbsp;&nbsp;STAG Industrial, Inc. | 3907 | 139089 |
| &nbsp;&nbsp;&nbsp;Sun Communities, Inc. | 4518 | 708693 |
| &nbsp;&nbsp;&nbsp;Terreno Realty Corp. | 6125 | 394634 |
| &nbsp;&nbsp;&nbsp;UDR, Inc. | 8030 | 341998 |
| &nbsp;&nbsp;&nbsp;Ventas, Inc. | 5443 | 282002 |
| &nbsp;&nbsp;&nbsp;Welltower, Inc. | 5510 | 413470 |
| **Total Real Estate** |  | 25063636 |
| **Utilities - 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;**Electric Utilities - 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;Evergy, Inc. | 55420 | 3472063 |
| **TOTAL COMMON STOCKS** |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $254,581,570) |  | **267389099** |
| **PREFERRED STOCKS - 0.1%** |  |  |
| **Information Technology - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**Software - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Argo Blockchain plc (United Kingdom), 8.75%, 11/30/2026 | 1300 | 5837 |
| &nbsp;&nbsp;&nbsp;Greenidge Generation Holdings, Inc., 8.50%, 10/31/2026 | 14200 | 56658 |
| &nbsp;&nbsp;&nbsp;Synchronoss Technologies, Inc., 8.375%, 6/30/2026 | 26833 | 484067 |
| **TOTAL PREFERRED STOCKS** |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $1,060,248) |  | **546562** |
| **CORPORATE BONDS - 9.5%** |  |  |
| **Non-Convertible Corporate Bonds- 9.5%** |  |  |
| **Communication Services - 1.5%** |  |  |
| &nbsp;&nbsp;&nbsp;**Entertainment - 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Warnermedia Holdings, Inc., 4.054%, 3/15/2029<sup>2</sup> | 3450000 | 3159321 |

---

**4**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;PRO-BLEND<sup>®</sup> EXTENDED TERM SERIES | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **CORPORATE BONDS** (continued) |  |  |
| **Non-Convertible Corporate Bonds** (continued) |  |  |
| **Communication Services** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Interactive Media & Services - 0.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Tencent Holdings Ltd. (China), 3.975%, 4/11/2029<sup>2</sup> | 5520000 | $5214057 |
| **Total Communication Services** |  | 8373378 |
| **Consumer Discretionary - 1.0%** |  |  |
| &nbsp;&nbsp;&nbsp;**Internet & Direct Marketing Retail - 1.0%** |  |  |
| &nbsp;&nbsp;&nbsp;Alibaba Group Holding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(China), 2.125%, 2/9/2031 | 780000 | 640767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(China), 4.00%, 12/6/2037 | 2820000 | 2452052 |
| &nbsp;&nbsp;&nbsp;Amazon.com, Inc., 3.30%, 4/13/2027 | 2830000 | 2732409 |
| **Total Consumer Discretionary** |  | 5825228 |
| **Consumer Staples - 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;**Beverages - 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;PepsiCo, Inc., 3.90%, 7/18/2032 | 2480000 | 2416254 |
| **Energy - 0.9%** |  |  |
| &nbsp;&nbsp;&nbsp;**Oil, Gas & Consumable Fuels - 0.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Brooge Petroleum and Gas Investment Co. FZE (United Arab Emirates), 8.50%, 9/24/2025<sup>2</sup> | 179000 | 168612 |
| &nbsp;&nbsp;&nbsp;Cenovus Energy, Inc. (Canada), 6.75%, 11/15/2039 | 1401000 | 1536907 |
| &nbsp;&nbsp;&nbsp;Energy Transfer LP, 6.50%, 2/1/2042 | 2960000 | 3116819 |
| &nbsp;&nbsp;&nbsp;&nbsp;PetroTal Corp. (Peru), 12.00%, 2/16/2024 (Acquired 06/15/2021- 10/06/2021, cost $587,926)<sup>4</sup> | 556000 | 563795 |
| **Total Energy** |  | 5386133 |
| **Financials - 1.7%** |  |  |
| &nbsp;&nbsp;&nbsp;**Banks - 1.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corp., (U.S. Secured Overnight Financing Rate + 1.320%), 2.687%, 4/22/2032<sup>5</sup> | 2330000 | 1964383 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup, Inc., (U.S. Secured Overnight Financing Rate + 0.770%), 1.462%, 6/9/2027<sup>5</sup> | 2230000 | 1981685 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Co., (U.S. Secured Overnight Financing Rate + 3.790%), 4.493%, 3/24/2031<sup>5</sup> | 3330000 | 3238857 |
| &nbsp;&nbsp;&nbsp;Popular, Inc. (Puerto Rico), 6.125%, 9/14/2023 | 600000 | 598060 |
|  |  | 7782985 |
| &nbsp;&nbsp;&nbsp;**Consumer Finance - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Navient Corp., 6.75%, 6/25/2025 | 635000 | 633688 |
| &nbsp;&nbsp;&nbsp;Synergy One Lending, Inc., 5.50%, 10/14/2026 | 740000 | 658416 |
|  |  | 1292104 |
| &nbsp;&nbsp;&nbsp;**Diversified Financial Services - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;FS Energy & Power Fund, 7.50%, 8/15/2023<sup>2</sup> | 610000 | 609912 |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/<br> PRINCIPAL <br> AMOUNT<sup>1</sup> | VALUE |
| **CORPORATE BONDS** (continued) |  |  |
| **Non-Convertible Corporate Bonds** (continued) |  |  |
| **Financials** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Mortgage Real Estate Investment Trusts (REITS) - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Arbor Realty Trust, Inc., 8.00%, 4/30/2023 (Acquired 05/10/2021, cost $228,923)<sup>4</sup> | 215000 | $214186 |
| **Total Financials** |  | 9899187 |
| **Industrials - 1.5%** |  |  |
| &nbsp;&nbsp;&nbsp;**Airlines - 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alaska Airlines Pass-Through Trust, Series 2020-1, Class B, 8.00%, 8/15/2025<sup>2</sup> | 197015 | 200252 |
| &nbsp;&nbsp;&nbsp;Southwest Airlines Co., 5.125%, 6/15/2027 | 2440000 | 2462707 |
| &nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust, Series 2019-2, Class B, 3.50%, 5/1/2028 | 604333 | 536776 |
| &nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust, Series 2018-1, Class B, 4.60%, 3/1/2026 | 107570 | 100697 |
|  |  | 3300432 |
| &nbsp;&nbsp;&nbsp;**Marine - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;American Tanker, Inc. (Norway), 7.75%, 7/2/2025 | 715000 | 687780 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seaspan Corp. (Hong Kong), 6.50%, 2/5/2024<sup>2</sup> | 700000 | 698390 |
|  |  | 1386170 |
| &nbsp;&nbsp;&nbsp;**Road & Rail - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BNSF Funding Trust I, (3 mo. LIBOR US + 2.350%), 6.613%, 12/15/2055<sup>5</sup> | 1140000 | 1105917 |
| &nbsp;&nbsp;&nbsp;**Trading Companies & Distributors - 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp;AerCap Ireland Capital DAC - AerCap Global Aviation Trust (Ireland), 3.00%, 10/29/2028 | 1490000 | 1310520 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ashtead Capital, Inc. (United Kingdom), 4.00%, 5/1/2028<sup>2</sup> | 1430000 | 1343670 |
|  |  | 2654190 |
| **Total Industrials** |  | 8446709 |
| **Information Technology - 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp;**Semiconductors & Semiconductor Equipment - 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp;QUALCOMM, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 5/20/2032 | 1785000 | 1768308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.40%, 5/20/2033 | 970000 | 1039314 |
| **Total Information Technology** |  | 2807622 |
| **Materials - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;**Metals & Mining - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Newcastle Coal Infrastructure Group Pty Ltd. (Australia), 4.40%, 9/29/2027<sup>2</sup> | 1520000 | 1341346 |

---

**5**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;PRO-BLEND<sup>®</sup> EXTENDED TERM SERIES | SHARES/<br> PRINCIPAL <br> AMOUNT<sup>1</sup> | VALUE |
| **CORPORATE BONDS** (continued) |  |  |
| **Non-Convertible Corporate Bonds** (continued) |  |  |
| **Materials** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Metals & Mining** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Northwest Acquisitions ULC - Dominion Finco, Inc., 7.125%, 11/1/2022 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Acquired 10/10/2017-09/18/2020, cost $118,233)<sup>4,6</sup> | 653000 | $65 |
| **Total Materials** |  | 1341411 |
| **Real Estate - 1.3%** |  |  |
| &nbsp;&nbsp;&nbsp;**Equity Real Estate Investment Trusts (REITS) - 1.3%** |  |  |
| &nbsp;&nbsp;&nbsp;IIP Operating Partnership LP, 5.50%, 5/25/2026 | 700000 | 608231 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pelorus Fund REIT LLC, 7.00%, 9/30/2026 (Acquired 07/08/2022, cost $552,500)<sup>4</sup> | 650000 | 616541 |
| &nbsp;&nbsp;&nbsp;&nbsp;SBA Tower Trust, 6.599%, 1/15/2028<sup>2</sup> | 2225000 | 2314275 |
| &nbsp;&nbsp;&nbsp;Simon Property Group LP, 2.65%, 2/1/2032 | 4550000 | 3827448 |
| **Total Real Estate** |  | 7366495 |
| **Utilities - 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp;**Independent Power and Renewable Electricity Producers - 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Vistra Operations Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 5/13/2024<sup>2</sup> | 2190000 | 2162226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.55%, 7/15/2024<sup>2</sup> | 630000 | 608366 |
| **Total Utilities** |  | 2770592 |
| **TOTAL CORPORATE BONDS** |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $58,923,136) |  | **54633009** |
| **U.S. TREASURY SECURITIES - 23.7%** |  |  |
| **U.S. Treasury Bonds - 5.0%** |  |  |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.375%, 2/15/2042 | 29195000 | 23511098 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.00%, 5/15/2047 | 5890000 | 5143627 |
| **Total U.S. Treasury Bonds** |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $29,745,126) |  | 28654725 |
| **U.S. Treasury Notes - 18.7%** |  |  |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Note |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%, 11/15/2026 | 13090000 | 12268807 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25%, 11/15/2027 | 13050000 | 12241512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.125%, 11/15/2028 | 34110000 | 33179970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 11/15/2029 | 15965000 | 14281191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.875%, 11/15/2030 | 25035000 | 20634316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.375%, 11/15/2031 | 17365000 | 14600167 |
| **Total U.S. Treasury Notes** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Identified Cost $108,210,007) |  | 107205963 |
| **TOTAL U.S. TREASURY SECURITIES** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Identified Cost $137,955,133) |  | **135860688** |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/<br> PRINCIPAL <br> AMOUNT<sup>1</sup> | VALUE |
| **ASSET-BACKED SECURITIES - 4.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Aligned Data Centers Issuer LLC, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2, 1.937%, 8/15/2046<sup>2</sup> | 1800000 | $1591514 |
| &nbsp;&nbsp;&nbsp;CF Hippolyta Issuer LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1, Class A1, 1.69%, 7/15/2060<sup>2</sup> | 834819 | 753869 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1, Class A2, 1.99%, 7/15/2060<sup>2</sup> | 763233 | 647759 |
| &nbsp;&nbsp;&nbsp;Commonbond Student Loan Trust, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-AGS, Class A1, 2.54%, 1/25/2047<sup>2</sup> | 623669 | 577423 |
| &nbsp;&nbsp;&nbsp;Credit Acceptance Auto Loan Trust, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-2A, Class A, 0.96%, 2/15/2030<sup>2</sup> | 1900000 | 1834293 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flexential Issuer, Series 2021-1A, Class A2, 3.25%, 11/27/2051<sup>2</sup> | 2150000 | 1943602 |
| &nbsp;&nbsp;&nbsp;&nbsp;KREF Ltd., Series 2021-FL2, Class A, (1 mo. LIBOR US + 1.070%), 5.535%, 2/15/2039<sup>2,7</sup> | 1300000 | 1259961 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Private Education Refi Loan Trust, Series 2020-FA, Class A, 1.22%, 7/15/2069<sup>2</sup> | 564095 | 519673 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nelnet Student Loan Trust, Series 2012-3A, Class A, (1 mo. LIBOR US + 0.700%), 5.206%, 2/25/2045<sup>2,7</sup> | 197056 | 191855 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Economy Assets Phase 1 Sponsor LLC, Series 2021-1, Class A1, 1.91%, 10/20/2061<sup>2</sup> | 2275000 | 1978492 |
| &nbsp;&nbsp;&nbsp;Oxford Finance Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-1A, Class A2, 4.459%, 2/15/2027<sup>2</sup> | 165907 | 164711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1A, Class A2, 3.101%, 2/15/2028<sup>2</sup> | 534255 | 528868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-1A, Class A2, 3.602%, 2/15/2030<sup>2</sup> | 1975000 | 1824736 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2023-1A, Class A2, 6.716%, 2/15/2031<sup>2</sup> | 2550000 | 2550000 |
| &nbsp;&nbsp;&nbsp;PEAR LLC, Series 2021-1, Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A, 2.60%, 1/15/2034 (Acquired 11/16/2021, cost $1,911,008)<sup>4</sup> | 1911008 | 1808833 |
| &nbsp;&nbsp;&nbsp;Slam Ltd., Series 2021-1A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Cayman Islands), 2.434%, 6/15/2046<sup>2</sup> | 1621800 | 1398352 |
| &nbsp;&nbsp;&nbsp;SMB Private Education Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-B, Class A2A, 2.84%, 6/15/2037<sup>2</sup> | 1378762 | 1297769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-B, Class A1A, 1.29%, 7/15/2053<sup>2</sup> | 913687 | 813243 |
| &nbsp;&nbsp;&nbsp;SoFi Professional Loan Program LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-F, Class A2FX, 2.84%, 1/25/2041<sup>2</sup> | 61137 | 59069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-B, Class A2FX, 3.34%, 8/25/2047<sup>2</sup> | 334874 | 325114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-A, Class A2FX, 2.54%, 5/15/2046<sup>2</sup> | 776621 | 723674 |
| &nbsp;&nbsp;&nbsp;Stack Infrastructure Issuer LLC, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2, 1.877%, 3/26/2046<sup>2</sup> | 1500000 | 1330411 |
| &nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-5, Class A1, 2.50%, 10/25/2056<sup>2,8</sup> | 135262 | $133066 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-1, Class A1, 2.75%, 10/25/2056<sup>2,8</sup> | 151038 | 148786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-HY1, Class A1, (1 mo. LIBOR US + 1.000%), 5.506%, 10/25/2048<sup>2,7</sup> | 375891 | 374303 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tricon American Homes Trust, Series 2017-SFR2, Class A, 2.928%, 1/17/2036<sup>2</sup> | 1113590 | 1085051 |
| &nbsp;&nbsp;&nbsp;&nbsp;Triton Container Finance VIII LLC, Series 2021-1A, Class A, 1.86%, 3/20/2046<sup>2</sup> | 1561708 | 1348164 |
| **TOTAL ASSET-BACKED SECURITIES** <br> (Identified Cost $29,482,689) |  | **27212591** |

---

**6**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| PRO-BLEND<sup>®</sup> EXTENDED TERM SERIES | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup> | VALUE |
| **COMMERCIAL MORTGAGE-BACKED SECURITIES - 3.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Brean Asset Backed Securities Trust, Series 2021-RM2, Class A, 1.75%, 10/25/2061<sup>2,8</sup> | 1207162 | 1064228 |
| &nbsp;&nbsp;&nbsp;&nbsp;CIM Trust, Series 2019-INV1, Class A1, 4.00%, 2/25/2049<sup>2,8</sup> | 42858 | 41856 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup Mortgage Loan Trust, Inc., Series 2021-INV1, Class A3A, 2.50%, 5/25/2051<sup>2,8</sup> | 873612 | 730065 |
| &nbsp;&nbsp;&nbsp;Credit Suisse Mortgage Capital Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-IVR3, Class A1, 2.50%, 5/25/2043<sup>2,8</sup> | 173424 | 154811 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-TH1, Class A1, 2.13%, 2/25/2043<sup>2,8</sup> | 101969 | 88153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-IVR3, Class A1, 3.50%, 7/25/2044<sup>2,8</sup> | 59321 | 54167 |
| &nbsp;&nbsp;&nbsp;Fannie Mae REMICS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-31, Class KP, 3.50%, 7/25/2047 | 28234 | 27478 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-69, Class WJ, 1.50%, 10/25/2050 | 917161 | 790853 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fontainebleau Miami Beach Trust, Series 2019-FBLU, Class A, 3.144%, 12/10/2036<sup>2</sup> | 1571000 | 1482137 |
| &nbsp;&nbsp;&nbsp;Freddie Mac Multifamily Structured Pass-Through Certificates |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series K030, Class X1 (IO), 0.137%, 4/25/2023<sup>8</sup> | 20672212 | 3481 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series K032, Class X1 (IO), 0.058%, 5/25/2023<sup>8</sup> | 24390814 | 4471 |
| &nbsp;&nbsp;&nbsp;Freddie Mac REMICS, Series 5189, Class CP, 2.50%, 6/25/2049 | 1996254 | 1779336 |
| &nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2017-54, Class AH, 2.60%, 12/16/2056 | 295859 | 277418 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Mortgage-Backed Securities Trust Series 2021-INV1, Class A9, (U.S. Secured Overnight Financing Rate 30 Day Average + 0.850%), 5.160%, 12/25/2051<sup>2,7</sup> | 1228340 | 1138478 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup> | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup> | VALUE |
| **COMMERCIAL MORTGAGE-BACKED SECURITIES** (continued) | **COMMERCIAL MORTGAGE-BACKED SECURITIES** (continued) | **COMMERCIAL MORTGAGE-BACKED SECURITIES** (continued) |  |
| &nbsp;&nbsp;&nbsp;GS Mortgage-Backed Securities Trust (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-PJ6, Class A8, 2.50%, 11/25/2051<sup>2,8</sup> |  | 945417 | $835375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-PJ9, Class A8, 2.50%, 2/26/2052<sup>2,8</sup> |  | 981660 | 867301 |
| &nbsp;&nbsp;&nbsp;&nbsp;Imperial Fund Mortgage Trust, Series 2021-NQM3, Class A1, 1.595%, 11/25/2056<sup>2,8</sup> |  | 1124578 | 946542 |
| &nbsp;&nbsp;&nbsp;JP Morgan Mortgage Trust |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-2, Class 1A1, 3.00%, 6/25/2029<sup>2,8</sup> |  | 180508 | 171165 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-2, Class A3, 3.50%, 5/25/2047<sup>2,8</sup> |  | 111769 | 100803 |
| &nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Trust |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-3A, Class AFX3, 3.75%, 11/25/2054<sup>2,8</sup> |  | 197971 | 184313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-2A, Class A1, 3.75%, 8/25/2055<sup>2,8</sup> |  | 267252 | 250770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-4A, Class A1, 3.75%, 11/25/2056<sup>2,8</sup> |  | 301436 | 278946 |
| &nbsp;&nbsp;&nbsp;&nbsp;OBX Trust, Series 2022-INV1, Class A1, 3.00%, 12/25/2051<sup>2,8</sup> |  | 1503955 | 1300035 |
| &nbsp;&nbsp;&nbsp;&nbsp;PMT Loan Trust, Series 2013-J1, Class A9, 3.50%, 9/25/2043<sup>2,8</sup> |  | 280097 | 259328 |
| &nbsp;&nbsp;&nbsp;Provident Funding Mortgage Trust |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-2, Class A2A, 2.00%, 4/25/2051<sup>2,8</sup> |  | 1139965 | 979642 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-INV1, Class A1, 2.50%, 8/25/2051<sup>2,8</sup> |  | 1857588 | 1535498 |
| &nbsp;&nbsp;&nbsp;&nbsp;RCKT Mortgage Trust, Series 2021-6, Class A1, 2.50%, 12/25/2051<sup>2,8</sup> |  | 1946893 | 1614823 |
| &nbsp;&nbsp;&nbsp;Sequoia Mortgage Trust |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-2, Class A, 1.874%, 2/25/2043<sup>8</sup> |  | 105609 | 91580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-6, Class A2, 3.00%, 5/25/2043<sup>8</sup> |  | 505809 | 456178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-7, Class A2, 3.00%, 6/25/2043<sup>8</sup> |  | 108517 | 97325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-8, Class A1, 3.00%, 6/25/2043<sup>8</sup> |  | 123433 | 111788 |
| &nbsp;&nbsp;&nbsp;&nbsp;Starwood Retail Property Trust, Series 2014-STAR, Class A, (1 mo. LIBOR US + 1.470%), 5.93%, 11/15/2027<sup>2,7</sup> |  | 1278105 | 885241 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sutherland Commercial Mortgage Trust, Series 2019-SBC8, Class A, 2.86%, 4/25/2041<sup>2,8</sup> |  | 170416 | 157264 |
| &nbsp;&nbsp;&nbsp;&nbsp;WinWater Mortgage Loan Trust, Series 2015-1, Class A1, 3.50%, 1/20/2045<sup>2,8</sup> |  | 44837 | 41757 |
| **TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES** |  |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $21,637,706) |  |  | **18802606** |
| **FOREIGN GOVERNMENT BONDS - 0.1%** |  |  |  |
| &nbsp;&nbsp;&nbsp;Mexican Bonos (Mexico), 7.75%, 5/29/2031 | MXN | 972000 | 48785 |

---

**7**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| PRO-BLEND<sup>®</sup> EXTENDED TERM SERIES | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup> | VALUE |
| **FOREIGN GOVERNMENT BONDS** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Mexico Government International Bond (Mexico), 4.125%, 1/21/2026 | 200000 | $197797 |
| &nbsp;&nbsp;&nbsp;Republic of Italy Government International Bond (Italy), 2.375%, 10/17/2024 | 440000 | 417871 |
| **TOTAL FOREIGN GOVERNMENT BONDS** |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $717,707) |  | **664453** |
| **MUNICIPAL BONDS - 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;Clark County, Public Impt., Series A, G.O. Bond, 1.51%, 11/1/2028 | 2340000 | 1970399 |
| &nbsp;&nbsp;&nbsp;Hawaii, Series GC, G.O. Bond, 2.682%, 10/1/2038 | 1795000 | 1395319 |
| &nbsp;&nbsp;&nbsp;South Carolina Public Service Authority, Series B, Revenue Bond, 2.329%, 12/1/2028 | 230000 | 197703 |
| **TOTAL MUNICIPAL BONDS** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Identified Cost $4,431,774) |  | **3563421** |
| **U.S. GOVERNMENT AGENCIES - 5.6%** |  |  |
| **Mortgage-Backed Securities - 5.6%** |  |  |
| &nbsp;&nbsp;&nbsp;Fannie Mae |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #990895, UMBS, 5.50%, 10/1/2023 | 733 | 730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AD0462, UMBS, 5.50%, 10/1/2024 | 1109 | 1103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA3463, UMBS, 4.00%, 9/1/2033 | 234229 | 233319 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA1834, UMBS, 4.50%, 2/1/2034 | 309845 | 311513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA1903, UMBS, 4.50%, 5/1/2034 | 127138 | 127822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #889576, UMBS, 6.00%, 4/1/2038 | 110629 | 117654 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #889579, UMBS, 6.00%, 5/1/2038 | 91822 | 97653 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA3412, UMBS, 3.50%, 7/1/2038 | 308040 | 302749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #995196, UMBS, 6.00%, 7/1/2038 | 5420 | 5764 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AD0207, UMBS, 6.00%, 10/1/2038 | 292968 | 311572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AD0220, UMBS, 6.00%, 10/1/2038 | 9650 | 10261 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA0258, UMBS, 4.50%, 12/1/2039 | 195703 | 198578 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AL1595, UMBS, 6.00%, 1/1/2040 | 125160 | 133108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AL0152, UMBS, 6.00%, 6/1/2040 | 229747 | 244336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA4203, UMBS, 2.50%, 12/1/2040 | 2119185 | 1901776 |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup> | VALUE |
| **U.S. GOVERNMENT AGENCIES** (continued) |  |  |
| **Mortgage-Backed Securities** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Fannie Mae (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AL0241, UMBS, 4.00%, 4/1/2041 | 364092 | $360920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AI5172, UMBS, 4.00%, 8/1/2041 | 221148 | 218795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AL1410, UMBS, 4.50%, 12/1/2041 | 390617 | 396173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA4687, UMBS, 4.00%, 6/1/2042 | 2622768 | 2559473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AL7729, UMBS, 4.00%, 6/1/2043 | 198728 | 196613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AX5234, UMBS, 4.50%, 11/1/2044 | 196218 | 198857 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AS4103, UMBS, 4.50%, 12/1/2044 | 304625 | 308723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #BC6764, UMBS, 3.50%, 4/1/2046 | 141540 | 135031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #BD6997, UMBS, 4.00%, 10/1/2046 | 169902 | 166633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #BE7845, UMBS, 4.50%, 2/1/2047 | 112689 | 113449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AL8674, 5.651%, 1/1/2049 | 764664 | 802018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #FS1179, UMBS, 3.50%, 12/1/2049 | 2434610 | 2322043 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #FS2696, UMBS, 3.00%, 12/1/2051 | 3069495 | 2816462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA4600, UMBS, 3.50%, 5/1/2052 | 2687537 | 2521710 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA4644, UMBS, 4.00%, 5/1/2052 | 2634232 | 2539113 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA4733, UMBS, 4.50%, 9/1/2052 | 2927376 | 2887095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA4807, UMBS, 5.50%, 11/1/2052 | 1182971 | 1200709 |
| &nbsp;&nbsp;&nbsp;Freddie Mac |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #G13078, 6.00%, 3/1/2023 | 3 | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #G13331, 5.50%, 10/1/2023 | 117 | 116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #C91762, 4.50%, 5/1/2034 | 192951 | 194155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #C91771, 4.50%, 6/1/2034 | 185713 | 186872 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #C91780, 4.50%, 7/1/2034 | 260645 | 262730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #G03926, 6.00%, 2/1/2038 | 45614 | 48562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #G05906, 6.00%, 4/1/2040 | 42653 | 45410 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #Q33778, 4.00%, 6/1/2045 | 269169 | 265585 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #SD8044, UMBS, 3.00%, 2/1/2050 | 2553832 | 2346116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #SD1129, UMBS, 4.00%, 8/1/2051 | 2864390 | 2798476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #SD8230, UMBS, 4.50%, 6/1/2052 | 2260547 | 2229446 |
| **TOTAL U.S. GOVERNMENT AGENCIES** |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $33,292,907) |  | **32119226** |

---

**8**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| PRO-BLEND<sup>®</sup> EXTENDED TERM SERIES | SHARES/ <br> PRINCIPAL <br> AMOUNT<sup>1</sup> | VALUE |
| **SHORT-TERM INVESTMENT - 4.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dreyfus Government Cash Management, Institutional Shares, 4.23%<sup>9</sup> |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $28,148,856) | 28148856 | $**28148856** |
| **TOTAL INVESTMENTS - 99.3%** |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $570,231,726) |  | **568940511** |
| **OTHER ASSETS, LESS LIABILITIES - 0.7%** |  | **3917503** |
| **NET ASSETS - 100%** |  | $**572858014** |

---

ADR - American Depositary Receipt

G.O. Bond - General Obligation Bond I

Impt. - Improvement

IO - Interest only

LIBOR - London Interbank Offered Rate

MXN - Mexican Peso

REMICS - Real Estate Mortgage Investment Conduits

UMBS - Uniform Mortgage-Backed Securities

\*Non-income producing security.

## Less than 0.1%.

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

<sup>2</sup>Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act") and determined to be liquid under the Fund's Liquidity Risk Management Program. The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2023 was $60,105,151, which represented 10.5% of the Series' Net Assets.

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

<sup>4</sup>Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act") and determined to be illiquid under the Fund's Liquidity Risk Management Program. The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of such securities at January 31, 2023 was $3,203,420, or 0.6% of the Series' Net Assets.

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

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

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

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

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

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

**Fair Value Information:**

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

**9**

**Investment Portfolio - January 31, 2023**

(unaudited)

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;DESCRIPTION | TOTAL | LEVEL 1 | LEVEL 2<sup>#</sup> | LEVEL 3 |
| &nbsp;&nbsp;Assets: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Equity securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication Services | $21850126 | $19897235 | $1952891 | $— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer Discretionary | 27623507 | 26509471 | 1114036 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer Staples | 31126026 | 28903386 | 2222640 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy | 1171626 | 736887 |  | 434739 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | 24210442 | 21670176 | 2540266 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health Care | 44290275 | 43399700 | 890575 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | 22019035 | 19538513 | 2480522 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information Technology | 50283437 | 48819471 | 1463966 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Materials | 16278926 | 15676574 | 602352 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real Estate | 25063636 | 25063636 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Utilities | 3472063 | 3472063 |  |  |
| &nbsp;&nbsp;Preferred securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information Technology | 546562 | 546562 |  |  |
| &nbsp;&nbsp;Debt securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury and other U.S. Government agencies | 167979914 |  | 167979914 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;States and political subdivisions (municipals) | 3563421 |  | 3563421 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate debt: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication Services | 8373378 |  | 8373378 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer Discretionary | 5825228 |  | 5825228 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer Staples | 2416254 |  | 2416254 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy | 5386133 |  | 5386133 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | 9899187 |  | 9899187 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | 8446709 |  | 8446709 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information Technology | 2807622 |  | 2807622 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Materials | 1341411 |  | 1341411 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real Estate | 7366495 |  | 7366495 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Utilities | 2770592 |  | 2770592 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset-backed securities | 27212591 |  | 27212591 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commercial mortgage-backed securities | 18802606 |  | 18802606 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign government bonds | 664453 |  | 664453 |  |
| &nbsp;&nbsp;&nbsp;Short-Term Investment | 28148856 | 28148856 |  |  |
| Total assets | $568940511 | $282382530 | $286123242 | $434739 |

---

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

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

**10**

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Fairport

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 14450

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

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

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

- **b. EDGAR series identifier (if any):** S000003639

- **c. LEI of Series:** 549300K0509KAM860Q02

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $576132897.03

**Total Liabilities:** $3263490.19

**Net Assets:** $572869406.84

**Cash Not Reported:** $12278874.89

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 90.21591000 | **1-Year:** 5193.48726000 | **5-Year:** 37361.52052000 | **10-Year:** 24520.34328000 | **30-Year:** 375.28230000

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

- **3-Month:** 159.07352000 | **1-Year:** 1628.00663000 | **5-Year:** 1386.43629000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000010113 | 4.97%                | -2.03%               | 5.25%                |
| Class ID C000206456 | 5.11%                | -1.96%               | 5.34%                |
| Class ID C000010109 | 4.96%                | -2.11%               | 5.20%                |
| Class ID C000010111 | 4.95%                | -2.05%               | 5.22%                |
| Class ID C000059954 | 5.01%                | -2.01%               | 5.29%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $323752.26               | $26029462.94                               |
| Month 2  | $-6780860.11             | $-5364651.38                               |
| Month 3  | $2282732.04              | $25865740.65                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3138EGHT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    364092 | PA      | $360919.69    | 0.06%             | 2041-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31417YJC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    195703 | PA      | $198577.60    | 0.03%             | 2039-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P     | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137B3NB0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  20672212 | PA      | $3480.79      | 0.00%             | 2023-04-25      | Variable      | 0.14%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                         | Pfizer Inc                                                   | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |      3818 | NS      | $168602.88    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHWEST AIRLINES CO              | Southwest Airlines Co                                        | CUSIP: 844741BK3<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | DBT              | CORP              | US        |   2440000 | PA      | $2462706.64   | 0.43%             | 2027-06-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Avanza Bank Holding AB             | Avanza Bank Holding AB                                       | CUSIP: 000000000<br>LEI: 549300MBWR5H8SIJLE03 | Long             | EC               | CORP              | SE        |     14899 | NS      | $343773.72    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Johnson & Johnson                  | Johnson & Johnson                                            | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     55025 | NS      | $8992185.50   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3140XH7J0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3069495 | PA      | $2816461.83   | 0.49%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418EDE7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2687537 | PA      | $2521709.78   | 0.44%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                             | CUSIP: 91282CAV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25035000 | PA      | $20634316.41  | 3.60%             | 2030-11-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418CYJ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    308040 | PA      | $302749.25    | 0.05%             | 2038-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SYNERGY ONE LENDING INC            | Synergy One Lending Inc/DE                                   | CUSIP: 87168KAA8<br>LEI: 2549004FXPNKCLIN8250 | Long             | DBT              | CORP              | US        |    740000 | PA      | $658415.84    | 0.11%             | 2026-10-14      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC           | Vistra Operations Co LLC                                     | CUSIP: 92840VAD4<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    630000 | PA      | $608365.36    | 0.11%             | 2024-07-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Coca-Cola Co/The                   | Coca-Cola Co/The                                             | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     70377 | NS      | $4315517.64   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418EES5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2634232 | PA      | $2539113.28   | 0.44%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sutherland Commercial Mortgage     | Sutherland Commercial Mortgage Trust 2019-SBC8               | CUSIP: 86935CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    170416 | PA      | $157264.19    | 0.03%             | 2041-04-25      | Variable      | 2.86%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                        | Freddie Mac REMICS                                           | CUSIP: 3137H5U88<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1996254 | PA      | $1779335.94   | 0.31%             | 2049-06-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Intuit Inc                         | Intuit Inc                                                   | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      6878 | NS      | $2907124.26   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                              | CUSIP: 419792A22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1795000 | PA      | $1395318.75   | 0.24%             | 2038-10-01      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| PETROTAL CORP                      | PetroTal Corp                                                | CUSIP: 000000000<br>LEI: 21380047ER33PRH4XH56 | Long             | DBT              | CORP              | CA        |    556000 | PA      | $563795.21    | 0.10%             | 2024-02-16      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| adidas AG                          | adidas AG                                                    | CUSIP: 00687A107<br>LEI: 549300JSX0Z4CW0V5023 | Long             | EC               | CORP              | DE        |     27665 | NS      | $2214583.25   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corp             | Regions Financial Corp                                       | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |      2208 | NS      | $51976.32     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                  | EOG Resources Inc                                            | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |       647 | NS      | $85565.75     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                | Gilead Sciences Inc                                          | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      1794 | NS      | $150588.36    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Fontainebleau Miami Beach Trus     | Fontainebleau Miami Beach Trust 2019-FBLU                    | CUSIP: 34461LAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1571000 | PA      | $1482137.33   | 0.26%             | 2036-12-10      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                        | Walmart Inc                                                  | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      2224 | NS      | $319966.88    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Centro     | Grupo Aeroportuario del Centro Norte SAB de CV               | CUSIP: 000000000<br>LEI: 529900HUSBARAFSXJ605 | Long             | EC               | CORP              | MX        |      8500 | NS      | $77658.05     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Hippolyta Issuer LLC            | CF Hippolyta Issuer LLC                                      | CUSIP: 12530MAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    834819 | PA      | $753868.86    | 0.13%             | 2060-07-15      | Fixed         | 1.69%                 | No            |                  2 | On Loan: No      |
| CH Robinson Worldwide Inc          | CH Robinson Worldwide Inc                                    | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |       353 | NS      | $35360.01     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co Inc                    | Best Buy Co Inc                                              | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |       468 | NS      | $41520.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ALIBABA GROUP HOLDING              | Alibaba Group Holding Ltd                                    | CUSIP: 01609WAX0<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    780000 | PA      | $640766.97    | 0.11%             | 2031-02-09      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Auckland International Airport     | Auckland International Airport Ltd                           | CUSIP: 000000000<br>LEI: 549300HFZIZDJWB7AK60 | Long             | EC               | CORP              | NZ        |     30305 | NS      | $166784.82    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Copart Inc                         | Copart Inc                                                   | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |     42759 | NS      | $2848176.99   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos Inc/The              | Travelers Cos Inc/The                                        | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |       421 | NS      | $80461.52     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc                         | Ventas Inc                                                   | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |      5443 | NS      | $282001.83    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                         | US Bancorp                                                   | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |      2170 | NS      | $108066.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities Inc                | Sun Communities Inc                                          | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |      4518 | NS      | $708693.48    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc             | Intuitive Surgical Inc                                       | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     11660 | NS      | $2864745.40   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Pioneer Natural Resources Co       | Pioneer Natural Resources Co                                 | CUSIP: 723787107<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | EC               | CORP              | US        |       288 | NS      | $66340.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                        | CUSIP: 3128MBUB1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         3 | PA      | $3.26         | 0.00%             | 2023-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Meituan                            | Meituan                                                      | CUSIP: 000000000<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | CN        |       790 | NS      | $17661.14     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Tricon American Homes              | Tricon American Homes 2017-SFR2 Trust                        | CUSIP: 89613FAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1113590 | PA      | $1085050.90   | 0.19%             | 2036-01-17      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| Paramount Global                   | Paramount Global                                             | CUSIP: 92556H206<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | EC               | CORP              | US        |       993 | NS      | $22997.88     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Garmin Ltd                         | Garmin Ltd                                                   | CUSIP: 000000000<br>LEI: 2549001E0HIPIJQ0W046 | Long             | EC               | CORP              | CH        |       457 | NS      | $45188.16     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                           | NIKE Inc                                                     | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     22403 | NS      | $2852573.99   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International Inc         | Mondelez International Inc                                   | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     86429 | NS      | $5655913.76   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Finance Funding Trust       | Oxford Finance Funding 2019-1 LLC                            | CUSIP: 69145AAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    165907 | PA      | $164711.39    | 0.03%             | 2027-02-15      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust             | Sequoia Mortgage Trust 2013-2                                | CUSIP: 81745MAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    105609 | PA      | $91580.24     | 0.02%             | 2043-02-25      | Variable      | 1.87%                 | No            |                  2 | On Loan: No      |
| UDR Inc                            | UDR Inc                                                      | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |      8030 | NS      | $341997.70    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Royalty Pharma PLC                 | Royalty Pharma PLC                                           | CUSIP: 000000000<br>LEI: 549300FGFN7VOK8BZR03 | Long             | EC               | CORP              | US        |       910 | NS      | $35662.90     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc          | L3Harris Technologies Inc                                    | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     13147 | NS      | $2824238.54   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNCHRONOSS TECH                   | Synchronoss Technologies Inc                                 | CUSIP: 87157B301<br>LEI: 5493007Z5J8Z2TA76376 | Long             | EP               | CORP              | US        |     26858 | NS      | $484518.32    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CareTrust REIT Inc                 | CareTrust REIT Inc                                           | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |     12371 | NS      | $256327.12    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| adidas AG                          | adidas AG                                                    | CUSIP: 000000000<br>LEI: 549300JSX0Z4CW0V5023 | Long             | EC               | CORP              | DE        |      3474 | NS      | $559370.40    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| PEPSICO INC                        | PepsiCo Inc                                                  | CUSIP: 713448FM5<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |   2480000 | PA      | $2416253.53   | 0.42%             | 2032-07-18      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Eaton Corp PLC                     | Eaton Corp PLC                                               | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | US        |       654 | NS      | $106085.34    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                               | Taiwan Semiconductor Manufacturing Co Ltd                    | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     53302 | NS      | $4942694.46   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Towd Point Mortgage Trust          | Towd Point Mortgage Trust 2019-HY1                           | CUSIP: 89177EAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    375891 | PA      | $374303.06    | 0.07%             | 2048-10-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Alcon Inc                          | Alcon Inc                                                    | CUSIP: 000000000<br>LEI: 549300LDT5AP8S0NBM78 | Long             | EC               | CORP              | CH        |     50659 | NS      | $3810063.39   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries Inc                 | PPG Industries Inc                                           | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |       319 | NS      | $41578.46     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryanair Holdings PLC               | Ryanair Holdings PLC                                         | CUSIP: 783513203<br>LEI: 635400BR2ROC1FVEBQ56 | Long             | EC               | CORP              | IE        |      2412 | NS      | $218358.36    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Finance Funding Trust       | Oxford Finance Funding Trust 2023-1                          | CUSIP: 69145CAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2550000 | PA      | $2550000.00   | 0.45%             | 2031-02-15      | Fixed         | 6.72%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PUBLIC SVC A     | South Carolina Public Service Authority                      | CUSIP: 837151XH7<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    230000 | PA      | $197703.31    | 0.03%             | 2028-12-01      | Fixed         | 2.33%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC           | OBX 2022-INV1 Trust                                          | CUSIP: 67115NAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1503955 | PA      | $1300035.10   | 0.23%             | 2051-12-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Rexford Industrial Realty Inc      | Rexford Industrial Realty Inc                                | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |      9340 | NS      | $592809.80    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Sequoia Mortgage Trust             | Sequoia Mortgage Trust 2013-6                                | CUSIP: 81745BAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    505809 | PA      | $456177.47    | 0.08%             | 2043-05-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Flexential Issuer, LLC             | Flexential Issuer 2021-1                                     | CUSIP: 33938MAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2150000 | PA      | $1943602.15   | 0.34%             | 2051-11-27      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust       | CSMC Trust 2013-IVR3                                         | CUSIP: 12646XAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    173424 | PA      | $154811.58    | 0.03%             | 2043-05-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| COMMONBOND STUDENT LOAN TRUST      | Commonbond Student Loan Trust 2019-A-GS                      | CUSIP: 20268CAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    623669 | PA      | $577422.80    | 0.10%             | 2047-01-25      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| Softwareone Holding AG             | Softwareone Holding AG                                       | CUSIP: 000000000<br>LEI: 529900GBI88JKWXLGI05 | Long             | EC               | CORP              | CH        |     21422 | NS      | $345888.04    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Intermediate Capital Group PLC     | Intermediate Capital Group PLC                               | CUSIP: 000000000<br>LEI: 549300OGASR5WRKJ8R68 | Long             | EC               | CORP              | GB        |     22075 | NS      | $379853.96    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3140FEX33<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    169902 | PA      | $166632.99    | 0.03%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418MG63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      9650 | PA      | $10261.09     | 0.00%             | 2038-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3138EGE26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    229747 | PA      | $244336.08    | 0.04%             | 2040-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Digital Realty Trust Inc           | Digital Realty Trust Inc                                     | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |      4181 | NS      | $479226.22    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTRA OPERATIONS CO LLC           | Vistra Operations Co LLC                                     | CUSIP: 92840VAK8<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   2190000 | PA      | $2162226.29   | 0.38%             | 2024-05-13      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Nucor Corp                         | Nucor Corp                                                   | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |       466 | NS      | $78763.32     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co                   | Genuine Parts Co                                             | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |       329 | NS      | $55212.78     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Keywords Studios PLC               | Keywords Studios PLC                                         | CUSIP: 000000000<br>LEI: 2138007VR9ZYCWS7VE12 | Long             | EC               | CORP              | IE        |      3051 | NS      | $107161.61    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Admiral Group PLC                  | Admiral Group PLC                                            | CUSIP: 000000000<br>LEI: 213800FGVM7Z9EJB2685 | Long             | EC               | CORP              | GB        |     24443 | NS      | $664491.26    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| LyondellBasell Industries NV       | LyondellBasell Industries NV                                 | CUSIP: 000000000<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | US        |       441 | NS      | $42640.29     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc               | Waste Management Inc                                         | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |       619 | NS      | $95777.87     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc      | Intercontinental Exchange Inc                                | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     86887 | NS      | $9344696.85   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWCASTLE COAL INFRASTRU           | Newcastle Coal Infrastructure Group Pty Ltd                  | CUSIP: 65106WAA3<br>LEI: 549300YAJ8XYYGW2TZ32 | Long             | DBT              | CORP              | AU        |   1520000 | PA      | $1341345.75   | 0.23%             | 2027-09-29      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                         | Zoetis Inc                                                   | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      9028 | NS      | $1494043.72   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Towd Point Mortgage Trust          | Towd Point Mortgage Trust 2016-5                             | CUSIP: 89173CAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    135262 | PA      | $133065.94    | 0.02%             | 2056-10-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| DREYFUS GOVERNMENT CASH MANAGEMENT | DREYFUS GOVERN CASH MGMT-I                                   | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |  15864556 | NS      | $15864555.78  | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc                  | Omnicom Group Inc                                            | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |       518 | NS      | $44542.82     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage A     | Government National Mortgage Association                     | CUSIP: 38379RRX3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    295859 | PA      | $277417.61    | 0.05%             | 2056-12-16      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP            | Simon Property Group LP                                      | CUSIP: 828807DT1<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |   4550000 | PA      | $3827448.31   | 0.67%             | 2032-02-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co            | Bristol-Myers Squibb Co                                      | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |      2370 | NS      | $172180.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Restaurant Brands Internationa     | Restaurant Brands International Inc                          | CUSIP: 76131D103<br>LEI: 5299009RXTX9DN9AKJ98 | Long             | EC               | CORP              | CA        |      3201 | NS      | $214242.93    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Beiersdorf AG                      | Beiersdorf AG                                                | CUSIP: 000000000<br>LEI: L47NHHI0Z9X22DV46U41 | Long             | EC               | CORP              | DE        |      4741 | NS      | $576399.72    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| PMT Loan Trust                     | PMT Loan Trust 2013-J1                                       | CUSIP: 693456AW5<br>LEI: 549300QFMQR379ND0354 | Long             | ABS-MBS          | CORP              | US        |    280097 | PA      | $259327.69    | 0.05%             | 2043-09-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Cummins Inc                        | Cummins Inc                                                  | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |       294 | NS      | $73364.76     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Social Professional Loan Progr     | SoFi Professional Loan Program 2020-ATrust                   | CUSIP: 83406TAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    776621 | PA      | $723673.93    | 0.13%             | 2046-05-15      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| Texas Instruments Inc              | Texas Instruments Inc                                        | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |       771 | NS      | $136628.91    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVIENT CORP                       | Navient Corp                                                 | CUSIP: 63938CAH1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    635000 | PA      | $633687.86    | 0.11%             | 2025-06-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Flagship Communities REIT          | Flagship Communities REIT                                    | CUSIP: 33843T108<br>LEI: 894500P7IQ2SJ1DF2L20 | Long             | EC               | CORP              | US        |     15519 | NS      | $248148.81    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED MEXICAN STATES              | Mexico Government International Bond                         | CUSIP: 91086QBG2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    200000 | PA      | $197797.37    | 0.03%             | 2026-01-21      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Ubisoft Entertainment SA           | Ubisoft Entertainment SA                                     | CUSIP: 000000000<br>LEI: 969500I7C8V1LBIMSM05 | Long             | EC               | CORP              | FR        |      8402 | NS      | $173976.52    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418EHK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2927376 | PA      | $2887095.06   | 0.50%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| General Dynamics Corp              | General Dynamics Corp                                        | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |       425 | NS      | $99050.50     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SMB Private Education Loan Tru     | SMB Private Education Loan Trust                             | CUSIP: 78449XAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    913687 | PA      | $813242.86    | 0.14%             | 2053-07-15      | Fixed         | 1.29%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust         | Navient Private Education Refi Loan Trust 2020-F             | CUSIP: 63941XAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    564095 | PA      | $519673.44    | 0.09%             | 2069-07-15      | Fixed         | 1.22%                 | No            |                  2 | On Loan: No      |
| LXP Industrial Trust               | LXP Industrial Trust                                         | CUSIP: 529043101<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               | CORP              | US        |     20602 | NS      | $237953.10    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                             | CUSIP: 912810TF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  29195000 | PA      | $23511098.44  | 4.10%             | 2042-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| SLAM 2021-1 LLC                    | Slam 2021-1 Ltd                                              | CUSIP: 78449AAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1621800 | PA      | $1398352.45   | 0.24%             | 2046-06-15      | Fixed         | 2.43%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                    | McDonald's Corp                                              | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |       578 | NS      | $154557.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp                 | Realty Income Corp                                           | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |      5193 | NS      | $352241.19    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                        | CUSIP: 3132QQFU1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    269169 | PA      | $265584.81    | 0.05%             | 2045-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2019-2 B PTT            | United Airlines 2019-2 Class B Pass Through Trust            | CUSIP: 90932KAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    604333 | PA      | $536776.02    | 0.09%             | 2028-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Starwood Retail Property Trust     | Starwood Retail Property Trust 2014-STAR                     | CUSIP: 85571XAA5<br>LEI: 5493007115G809OI4R97 | Long             | ABS-MBS          | CORP              | US        |   1278105 | PA      | $885241.40    | 0.15%             | 2027-11-15      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                 | Energy Transfer LP                                           | CUSIP: 29273RAR0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2960000 | PA      | $3116818.70   | 0.54%             | 2042-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Cellnex Telecom SA                 | Cellnex Telecom SA                                           | CUSIP: 000000000<br>LEI: 5493008T4YG3AQUI7P67 | Long             | EC               | CORP              | ES        |     15395 | NS      | $603299.38    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Campbell Soup Co                   | Campbell Soup Co                                             | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | EC               | CORP              | US        |       783 | NS      | $40661.19     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                       | Newmont Corp                                                 | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     29312 | NS      | $1551484.16   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd                          | Chubb Ltd                                                    | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |       587 | NS      | $133536.63    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc        | Honeywell International Inc                                  | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |       820 | NS      | $170953.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3138WDRZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    304625 | PA      | $308722.75    | 0.05%             | 2044-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Life Storage Inc                   | Life Storage Inc                                             | CUSIP: 53223X107<br>LEI: W9EE01AFDDF9DQCQZC68 | Long             | EC               | CORP              | US        |      3209 | NS      | $346700.36    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Pool                                             | CUSIP: 3132DWEB5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2260547 | PA      | $2229445.93   | 0.39%             | 2052-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Baxter International Inc           | Baxter International Inc                                     | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |       678 | NS      | $30977.82     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                       | Chevron Corp                                                 | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1278 | NS      | $222397.56    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions     | Broadridge Financial Solutions Inc                           | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |       262 | NS      | $39394.32     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae REMICS                                            | CUSIP: 3136B1YD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     28234 | PA      | $27477.87     | 0.00%             | 2047-07-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3138AJXA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    221148 | PA      | $218795.11    | 0.04%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Admiral Group PLC                  | Admiral Group PLC                                            | CUSIP: 007192107<br>LEI: 213800FGVM7Z9EJB2685 | Long             | EC               | CORP              | GB        |    111646 | NS      | $3026723.06   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| ASHTEAD CAPITAL INC                | Ashtead Capital Inc                                          | CUSIP: 045054AJ2<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |   1430000 | PA      | $1343669.84   | 0.23%             | 2028-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tyson Foods Inc                    | Tyson Foods Inc                                              | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |       674 | NS      | $44315.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                      | HDFC Bank Ltd                                                | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |      4593 | NS      | $309384.48    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian National Railway Co       | Canadian National Railway Co                                 | CUSIP: 136375102<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |     27816 | NS      | $3312607.44   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                       | Comcast Corp                                                 | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |      4525 | NS      | $178058.75    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ARGO BLOCKCHAIN PLC                | Argo Blockchain PLC                                          | CUSIP: 040126203<br>LEI: 213800WPCCYSDYY26J54 | Long             | EP               | CORP              | GB        |      1300 | NS      | $5837.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31416BRR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5420 | PA      | $5763.64      | 0.00%             | 2038-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FinecoBank Banca Fineco SpA        | FinecoBank Banca Fineco SpA                                  | CUSIP: 000000000<br>LEI: 549300L7YCATGO57ZE10 | Long             | EC               | CORP              | IT        |     29076 | NS      | $521968.28    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LEND            | Blackstone Secured Lending Fund                              | CUSIP: 09261XAB8<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |    887000 | PA      | $784608.76    | 0.14%             | 2026-09-16      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Oxford Finance Funding Trust       | Oxford Finance Funding 2020-1 LLC                            | CUSIP: 69144AAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    534255 | PA      | $528868.25    | 0.09%             | 2028-02-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Deutsche Boerse AG                 | Deutsche Boerse AG                                           | CUSIP: 000000000<br>LEI: 529900G3SW56SHYNPR95 | Long             | EC               | CORP              | DE        |      2353 | NS      | $421051.24    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Liquide SA                     | Air Liquide SA                                               | CUSIP: 000000000<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |      3783 | NS      | $602352.40    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| NORTHWEST ACQ/DOMINION             | Northwest Acquisitions ULC / Dominion Finco Inc              | CUSIP: 66727WAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    653000 | PA      | $65.30        | 0.00%             | 2022-11-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD               | Tencent Holdings Ltd                                         | CUSIP: 88032WAN6<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |   5520000 | PA      | $5214057.15   | 0.91%             | 2029-04-11      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                | JPMorgan Chase & Co                                          | CUSIP: 46647PBJ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3330000 | PA      | $3238857.27   | 0.57%             | 2031-03-24      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| Johnson Controls International     | Johnson Controls International plc                           | CUSIP: 000000000<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |      1207 | NS      | $83970.99     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| VF Corp                            | VF Corp                                                      | CUSIP: 918204108<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | EC               | CORP              | US        |       630 | NS      | $19492.20     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                      | Citigroup Inc                                                | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |      2682 | NS      | $140054.04    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31410KJV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    110629 | PA      | $117653.94    | 0.02%             | 2038-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| General Mills Inc                  | General Mills Inc                                            | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |      1038 | NS      | $81337.68     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PELORUS FUND REIT LLC              | Pelorus Fund REIT LLC                                        | CUSIP: 70615PAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    650000 | PA      | $616541.46    | 0.11%             | 2026-09-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3138EHXZ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    125160 | PA      | $133107.74    | 0.02%             | 2040-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418BDH6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    127138 | PA      | $127822.26    | 0.02%             | 2034-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3138Y6Y81<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    196218 | PA      | $198856.97    | 0.03%             | 2044-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Danone SA                          | Danone SA                                                    | CUSIP: 000000000<br>LEI: 969500KMUQ2B6CBAF162 | Long             | EC               | CORP              | FR        |      4088 | NS      | $224183.01    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Mastercard Inc                     | Mastercard Inc                                               | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     22817 | NS      | $8455980.20   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties Inc             | Cousins Properties Inc                                       | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |     13111 | NS      | $359503.62    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc                 | Coterra Energy Inc                                           | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |      1295 | NS      | $32413.85     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418MGR7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    292968 | PA      | $311572.25    | 0.05%             | 2038-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust           | JP Morgan Mortgage Trust 2017-2                              | CUSIP: 46648HAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    111769 | PA      | $100802.66    | 0.02%             | 2047-05-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418EF54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2622768 | PA      | $2559472.76   | 0.45%             | 2042-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Tru     | Provident Funding Mortgage Trust 2021-2                      | CUSIP: 74388JAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1139965 | PA      | $979642.23    | 0.17%             | 2051-04-25      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| STAG Industrial Inc                | STAG Industrial Inc                                          | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |      3907 | NS      | $139089.20    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                          | Linde PLC                                                    | CUSIP: 000000000<br>LEI: 8945002PAZHZLBGKGF02 | Long             | EC               | CORP              | GB        |       660 | NS      | $218420.40    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                        | CUSIP: 3128M73P9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     42653 | PA      | $45409.68     | 0.01%             | 2040-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AvalonBay Communities Inc          | AvalonBay Communities Inc                                    | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |      1452 | NS      | $257642.88    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Brean Asset Backed Securities      | Brean Asset Backed Securities Trust 2021-RM2                 | CUSIP: 10638MAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1207162 | PA      | $1064227.62   | 0.19%             | 2061-10-25      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                             | CUSIP: 9128285M8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  34110000 | PA      | $33179969.70  | 5.79%             | 2028-11-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Credit Acceptance Auto Loan Tr     | Credit Acceptance Auto Loan Trust 2021-2                     | CUSIP: 22537CAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1900000 | PA      | $1834293.10   | 0.32%             | 2030-02-15      | Fixed         | 0.96%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities      | GS Mortgage-Backed Securities Trust 2021-INV1                | CUSIP: 36263KAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1228340 | PA      | $1138478.63   | 0.20%             | 2051-12-25      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| Packaging Corp of America          | Packaging Corp of America                                    | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |       229 | NS      | $32678.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                     | Microsoft Corp                                               | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     23733 | NS      | $5881274.73   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                | Fifth Third Bancorp                                          | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |      1436 | NS      | $52112.44     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Hippolyta Issuer LLC            | CF Hippolyta Issuer LLC                                      | CUSIP: 12530MAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    763233 | PA      | $647758.80    | 0.11%             | 2060-07-15      | Fixed         | 1.99%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust       | CSMC Trust 2013-TH1                                          | CUSIP: 22944PAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    101969 | PA      | $88152.68     | 0.02%             | 2043-02-25      | Variable      | 2.13%                 | No            |                  2 | On Loan: No      |
| Lululemon Athletica Inc            | Lululemon Athletica Inc                                      | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | CA        |       616 | NS      | $189038.08    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                  | Cisco Systems Inc                                            | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |      4173 | NS      | $203099.91    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                        | Novartis AG                                                  | CUSIP: 66987V109<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |     71368 | NS      | $6467368.16   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc                 | Steel Dynamics Inc                                           | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |       462 | NS      | $55735.68     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| New Economy Assets Phase 1 Iss     | New Economy Assets Phase 1 Sponsor LLC                       | CUSIP: 643821AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2275000 | PA      | $1978491.74   | 0.35%             | 2061-10-20      | Fixed         | 1.91%                 | No            |                  2 | On Loan: No      |
| Seagen Inc                         | Seagen Inc                                                   | CUSIP: 81181C104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16707 | NS      | $2330292.36   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Inc              | Quest Diagnostics Inc                                        | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |       312 | NS      | $46325.76     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Activision Blizzard Inc            | Activision Blizzard Inc                                      | CUSIP: 00507V109<br>LEI: 549300TPQQDBP9GNOF40 | Long             | EC               | CORP              | US        |     41731 | NS      | $3195342.67   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Radius Global Infrastructure I     | Radius Global Infrastructure Inc                             | CUSIP: 750481103<br>LEI: 213800NT341MQ5USBX63 | Long             | EC               | CORP              | US        |     59538 | NS      | $801976.86    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| GREENIDGE GEN HLD INC              | Greenidge Generation Holdings Inc                            | CUSIP: 39531G209<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     14200 | NS      | $56658.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                     | ConocoPhillips                                               | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |      1183 | NS      | $144172.21    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneCo Ltd                        | StoneCo Ltd                                                  | CUSIP: 000000000<br>LEI: 549300O1A9LEF0XZCR35 | Long             | EC               | CORP              | BR        |      9971 | NS      | $111276.36    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp               | Lockheed Martin Corp                                         | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |       331 | NS      | $153339.06    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc             | Motorola Solutions Inc                                       | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |       303 | NS      | $77874.03     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| IMCD NV                            | IMCD NV                                                      | CUSIP: 000000000<br>LEI: 724500NSJPNFJPDAUP02 | Long             | EC               | CORP              | NL        |       774 | NS      | $122703.67    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Stanley Black & Decker Inc         | Stanley Black & Decker Inc                                   | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |       261 | NS      | $23309.91     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cellnex Telecom SA                 | Cellnex Telecom SA                                           | CUSIP: 15117X105<br>LEI: 5493008T4YG3AQUI7P67 | Long             | EC               | CORP              | ES        |     16300 | NS      | $317524.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                             | CUSIP: 912810RX8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5890000 | PA      | $5143626.56   | 0.90%             | 2047-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P     | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137B4GZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  24390814 | PA      | $4471.57      | 0.00%             | 2023-05-25      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| Illinois Tool Works Inc            | Illinois Tool Works Inc                                      | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |       487 | NS      | $114951.48    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbus SE                          | Airbus SE                                                    | CUSIP: 000000000<br>LEI: MINO79WLOO247M1IL051 | Long             | EC               | CORP              | FR        |      2368 | NS      | $296866.40    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                 | Meta Platforms Inc                                           | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     28335 | NS      | $4221064.95   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Playa Hotels & Resorts NV          | Playa Hotels & Resorts NV                                    | CUSIP: 000000000<br>LEI: 529900BUP3KWPCJNLS49 | Long             | EC               | CORP              | US        |     15731 | NS      | $119240.98    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED AIR 2018-1 B PTT            | United Airlines 2018-1 Class B Pass Through Trust            | CUSIP: 90932NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    107570 | PA      | $100697.53    | 0.02%             | 2026-03-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Cincinnati Financial Corp          | Cincinnati Financial Corp                                    | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |       358 | NS      | $40507.70     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                        | Equinix Inc                                                  | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      6287 | NS      | $4640623.31   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                 | Analog Devices Inc                                           | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |       718 | NS      | $123115.46    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| GS Mortgage-Backed Securities      | GS Mortgage-Backed Securities Trust 2021-PJ9                 | CUSIP: 36263CAH2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    981660 | PA      | $867300.99    | 0.15%             | 2052-02-26      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Equity LifeStyle Properties In     | Equity LifeStyle Properties Inc                              | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |      7964 | NS      | $571655.92    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Healthcare Trust Inc     | Community Healthcare Trust Inc                               | CUSIP: 20369C106<br>LEI: 549300FATSRCMKOV9536 | Long             | EC               | CORP              | US        |     10918 | NS      | $468163.84    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc              | Republic Services Inc                                        | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |       554 | NS      | $69150.28     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                     | S&P Global Inc                                               | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      5785 | NS      | $2169027.90   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| CLI Funding LLC                    | CLI Funding VIII LLC                                         | CUSIP: 12565KAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1567754 | PA      | $1368301.86   | 0.24%             | 2046-02-18      | Fixed         | 1.64%                 | No            |                  2 | On Loan: No      |
| FMC Corp                           | FMC Corp                                                     | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |     55335 | NS      | $7366748.55   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc                | PayPal Holdings Inc                                          | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     38033 | NS      | $3099309.17   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOGE PETROLEUM AND GAS           | Brooge Petroleum and Gas Investment Co FZE                   | CUSIP: 000000000<br>LEI: 213800T6YBVV45KTOC07 | Long             | DBT              | CORP              | AE        |    179000 | PA      | $168612.01    | 0.03%             | 2025-09-24      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                 | Cenovus Energy Inc                                           | CUSIP: 15135UAF6<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |   1401000 | PA      | $1536906.85   | 0.27%             | 2039-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc                       | QUALCOMM Inc                                                 | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      1312 | NS      | $174771.52    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                      | Welltower Inc                                                | CUSIP: 95040Q104<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | EC               | CORP              | US        |      5510 | NS      | $413470.40    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                      | Citigroup Inc                                                | CUSIP: 172967NA5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2230000 | PA      | $1981684.82   | 0.35%             | 2027-06-09      | Fixed         | 1.46%                 | No            |                  2 | On Loan: No      |
| Social Professional Loan Progr     | SOFI PROFESSIONAL LOAN PROGRAM 2017-F LLC                    | CUSIP: 83401BAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     61137 | PA      | $59068.91     | 0.01%             | 2041-01-25      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| ARBOR REALTY TRUST INC             | Arbor Realty Trust Inc                                       | CUSIP: 038923AS7<br>LEI: 549300ASFUWYQO0RW077 | Long             | DBT              | CORP              | US        |    215000 | PA      | $214185.75    | 0.04%             | 2023-04-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust       | CSMC Trust 2014-IVR3                                         | CUSIP: 12648TAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     59321 | PA      | $54167.27     | 0.01%             | 2044-07-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| L'Oreal SA                         | L'Oreal SA                                                   | CUSIP: 000000000<br>LEI: 529900JI1GG6F7RKVI53 | Long             | EC               | CORP              | FR        |       293 | NS      | $120983.11    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Mid-America Apartment Communit     | Mid-America Apartment Communities Inc                        | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |      2862 | NS      | $477152.64    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                             | CUSIP: 9128283F5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13050000 | PA      | $12241511.78  | 2.14%             | 2027-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Walgreens Boots Alliance Inc       | Walgreens Boots Alliance Inc                                 | CUSIP: 931427108<br>LEI: 549300RPTUOIXG4LIH86 | Long             | EC               | CORP              | US        |      1153 | NS      | $42499.58     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                     | Public Storage                                               | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Long             | EC               | CORP              | US        |      2631 | NS      | $800718.54    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc             | Diamondback Energy Inc                                       | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |       292 | NS      | $42667.04     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN TANKER INC                | American Tanker Inc                                          | CUSIP: 000000000<br>LEI: 549300NF6T0U83EHY418 | Long             | DBT              | CORP              | US        |    715000 | PA      | $687780.19    | 0.12%             | 2025-07-02      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Colgate-Palmolive Co               | Colgate-Palmolive Co                                         | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |      1271 | NS      | $94727.63     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INC                       | QUALCOMM Inc                                                 | CUSIP: 747525BQ5<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |   1785000 | PA      | $1768308.45   | 0.31%             | 2032-05-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Lennar Corp                        | Lennar Corp                                                  | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |       474 | NS      | $48537.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corp              | Norfolk Southern Corp                                        | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |     12209 | NS      | $3001094.29   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| ITALY GOV'T INT BOND               | Republic of Italy Government International Bond              | CUSIP: 465410BX5<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    440000 | PA      | $417871.05    | 0.07%             | 2024-10-17      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| ServiceNow Inc                     | ServiceNow Inc                                               | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     12371 | NS      | $5630413.23   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Assa Abloy AB                      | Assa Abloy AB                                                | CUSIP: 000000000<br>LEI: 549300YECS8HKCIMMB67 | Long             | EC               | CORP              | SE        |     16246 | NS      | $382695.00    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3140XGJZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2434610 | PA      | $2322042.73   | 0.41%             | 2049-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust          | Towd Point Mortgage Trust 2017-1                             | CUSIP: 89173FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    151038 | PA      | $148785.61    | 0.03%             | 2056-10-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Diageo PLC                         | Diageo PLC                                                   | CUSIP: 000000000<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |     11674 | NS      | $510458.61    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Electronic Arts Inc                | Electronic Arts Inc                                          | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |     22149 | NS      | $2850133.32   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc                           | eBay Inc                                                     | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |       851 | NS      | $42124.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                             | CUSIP: 912828YS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15965000 | PA      | $14281191.41  | 2.49%             | 2029-11-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| OWL ROCK TECHNOLOGY FINA           | Owl Rock Technology Finance Corp                             | CUSIP: 691205AE8<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |    623000 | PA      | $551107.71    | 0.10%             | 2026-06-17      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United Parcel Service Inc          | United Parcel Service Inc                                    | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |       731 | NS      | $135403.13    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent              | American Homes 4 Rent                                        | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |      8760 | NS      | $300380.40    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc             | IDEXX Laboratories Inc                                       | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |      6195 | NS      | $2976697.50   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| IIP OPERATING PARTNER              | IIP Operating Partnership LP                                 | CUSIP: 44988FAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    700000 | PA      | $608230.69    | 0.11%             | 2026-05-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Triton Container Finance LLC       | Triton Container Finance VIII LLC                            | CUSIP: 89680HAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1561708 | PA      | $1348164.60   | 0.24%             | 2046-03-20      | Fixed         | 1.86%                 | No            |                  2 | On Loan: No      |
| Pear LLC                           | PEAR 2021-1 LLC                                              | CUSIP: 70472TAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1911008 | PA      | $1808832.79   | 0.32%             | 2034-01-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3138ETT89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    764664 | PA      | $802018.03    | 0.14%             | 2049-01-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Stack Infrastructure Issuer LL     | Stack Infrastructure Issuer LLC                              | CUSIP: 85236KAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1330410.60   | 0.23%             | 2046-03-26      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Aligned Data Centers Issuer LL     | Aligned Data Centers Issuer LLC                              | CUSIP: 01627AAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1800000 | PA      | $1591513.81   | 0.28%             | 2046-08-15      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| Nikon Corp                         | Nikon Corp                                                   | CUSIP: 654111103<br>LEI: 549300X7LIS9RFELXJ98 | Long             | EC               | CORP              | JP        |     20000 | NS      | $197468.18    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Bunge Ltd                          | Bunge Ltd                                                    | CUSIP: 000000000<br>LEI: 5493007M0RIN8HY3MM77 | Long             | EC               | CORP              | US        |       343 | NS      | $33991.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3140F2QS2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    141540 | PA      | $135030.83    | 0.02%             | 2046-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Emerson Electric Co                | Emerson Electric Co                                          | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |       945 | NS      | $85257.90     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc               | Invitation Homes Inc                                         | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14762 | NS      | $479765.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp                     | Atlassian Corp                                               | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | AU        |      2268 | NS      | $366554.16    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                     | Salesforce Inc                                               | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     25801 | NS      | $4333793.97   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                       | Prologis Inc                                                 | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     17776 | NS      | $2298081.28   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INC                       | QUALCOMM Inc                                                 | CUSIP: 747525BS1<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    970000 | PA      | $1039313.62   | 0.18%             | 2033-05-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Ross Stores Inc                    | Ross Stores Inc                                              | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |       457 | NS      | $54012.83     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA TOWER TRUST                    | SBA Tower Trust                                              | CUSIP: 78403DAZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2225000 | PA      | $2314274.79   | 0.40%             | 2028-01-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Americold Realty Trust Inc         | Americold Realty Trust Inc                                   | CUSIP: 03064D108<br>LEI: 549300R7N1V5YV8MWH02 | Long             | EC               | CORP              | US        |      5748 | NS      | $180544.68    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CIM Trust                          | CIM Trust 2019-INV1                                          | CUSIP: 12555DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     42858 | PA      | $41856.17     | 0.01%             | 2049-02-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CLARK CNTY NV                      | County of Clark NV                                           | CUSIP: 180848P56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2340000 | PA      | $1970399.01   | 0.34%             | 2028-11-01      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| Terreno Realty Corp                | Terreno Realty Corp                                          | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6125 | NS      | $394633.75    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                      | Medtronic PLC                                                | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     37377 | NS      | $3128081.13   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| ALASKA AIR 2020-1 CL B             | Alaska Airlines 2020-1 Class B Pass Through Trust            | CUSIP: 01166WAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    197015 | PA      | $200251.68    | 0.03%             | 2025-08-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                     | Merck & Co Inc                                               | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      2534 | NS      | $272176.94    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kerry Group PLC                    | Kerry Group PLC                                              | CUSIP: 000000000<br>LEI: 635400TLVVBNXLFHWC59 | Long             | EC               | CORP              | IE        |      3309 | NS      | $310053.55    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Heineken NV                        | Heineken NV                                                  | CUSIP: 000000000<br>LEI: 724500K5PTPSST86UQ23 | Long             | EC               | CORP              | NL        |      5981 | NS      | $597734.44    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                             | CUSIP: 912828U24<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13090000 | PA      | $12268807.10  | 2.14%             | 2026-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418MQQ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1109 | PA      | $1103.32      | 0.00%             | 2024-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Nestle SA                          | Nestle SA                                                    | CUSIP: 641069406<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |     38039 | NS      | $4648936.39   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Brenntag SE                        | Brenntag SE                                                  | CUSIP: 000000000<br>LEI: NNROIXVWJ7CPSR27SV97 | Long             | EC               | CORP              | DE        |      3216 | NS      | $240068.15    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Barrick Gold Corp                  | Barrick Gold Corp                                            | CUSIP: 067901108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |     97525 | NS      | $1906613.75   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Allfunds Group Plc                 | Allfunds Group Plc                                           | CUSIP: 000000000<br>LEI: 9598005U8TZQ8Q64SC71 | Long             | EC               | CORP              | GB        |     26289 | NS      | $209128.04    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Eastman Chemical Co                | Eastman Chemical Co                                          | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |       321 | NS      | $28302.57     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BAE Systems PLC                    | BAE Systems PLC                                              | CUSIP: 05523R107<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |     66795 | NS      | $2854150.35   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                 | Home Depot Inc/The                                           | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |       908 | NS      | $294346.36    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc                   | MercadoLibre Inc                                             | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |       415 | NS      | $490401.35    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                     | Amazon.com Inc                                               | CUSIP: 023135CF1<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |   2830000 | PA      | $2732409.60   | 0.48%             | 2027-04-13      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| 3M Co                              | 3M Co                                                        | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |       801 | NS      | $92179.08     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Adyen NV                           | Adyen NV                                                     | CUSIP: 00783V104<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |    159730 | NS      | $2402339.20   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc                         | NetApp Inc                                                   | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |       544 | NS      | $36029.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                            | KeyCorp                                                      | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |      1580 | NS      | $30320.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                 | Union Pacific Corp                                           | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |       755 | NS      | $154163.45    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Inc           | Microchip Technology Inc                                     | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |       752 | NS      | $58370.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BAE Systems PLC                    | BAE Systems PLC                                              | CUSIP: 000000000<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |     52732 | NS      | $558223.73    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Devon Energy Corp                  | Devon Energy Corp                                            | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |       915 | NS      | $57864.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp                    | Sony Group Corp                                              | CUSIP: 000000000<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |      3800 | NS      | $339536.03    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Liquide SA                     | Air Liquide SA                                               | CUSIP: 009126202<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |    133548 | NS      | $4245490.92   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                    | TJX Cos Inc/The                                              | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      1234 | NS      | $101015.24    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                       | Alphabet Inc                                                 | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     83626 | NS      | $8265593.84   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC             | Trane Technologies PLC                                       | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |       309 | NS      | $55348.08     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott Vacations Worldwide C     | Marriott Vacations Worldwide Corp                            | CUSIP: 57164Y107<br>LEI: 549300WA6BT5H4F7IO94 | Long             | EC               | CORP              | US        |       971 | NS      | $155398.84    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Co          | Archer-Daniels-Midland Co                                    | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |       899 | NS      | $74482.15     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                        | CUSIP: 3128P75X7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    192951 | PA      | $194154.54    | 0.03%             | 2034-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Independence Realty Trust Inc      | Independence Realty Trust Inc                                | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               | CORP              | US        |     13584 | NS      | $255786.72    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc                      | Snowflake Inc                                                | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |     15174 | NS      | $2373820.56   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Finance Funding Trust       | Oxford Finance Funding 2022-1 LLC                            | CUSIP: 69145BAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1975000 | PA      | $1824735.68   | 0.32%             | 2030-02-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3140FTWF4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    112689 | PA      | $113449.19    | 0.02%             | 2047-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Evergy Inc                         | Evergy Inc                                                   | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |     55420 | NS      | $3472063.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Heineken NV                        | Heineken NV                                                  | CUSIP: 423012301<br>LEI: 724500K5PTPSST86UQ23 | Long             | EC               | CORP              | NL        |     89131 | NS      | $4452093.45   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodward Capital Management        | RCKT Mortgage Trust 2021-6                                   | CUSIP: 74939KAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1946893 | PA      | $1614823.37   | 0.28%             | 2051-12-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Tru     | Provident Funding Mortgage Trust 2021-INV1                   | CUSIP: 74387VAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1857588 | PA      | $1535498.04   | 0.27%             | 2051-08-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Getinge AB                         | Getinge AB                                                   | CUSIP: 000000000<br>LEI: 5493003PZ4F570G3W735 | Long             | EC               | CORP              | SE        |     23076 | NS      | $519846.51    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                  | Imperial Fund Mortgage Trust 2021-NQM3                       | CUSIP: 452762AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1124578 | PA      | $946541.55    | 0.17%             | 2056-11-25      | Variable      | 1.59%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                        | CUSIP: 3128MB4Q7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       117 | PA      | $116.28       | 0.00%             | 2023-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp               | Parker-Hannifin Corp                                         | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |       182 | NS      | $59332.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA           | AerCap Ireland Capital DAC / AerCap Global Aviation Trust    | CUSIP: 00774MAW5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   1490000 | PA      | $1310520.65   | 0.23%             | 2028-10-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Nestle SA                          | Nestle SA                                                    | CUSIP: 000000000<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |      6219 | NS      | $758774.33    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp              | Northrop Grumman Corp                                        | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      5492 | NS      | $2460635.68   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Surest     | Grupo Aeroportuario del Sureste SAB de CV                    | CUSIP: 40051E202<br>LEI: 5299001W7JIDXCUOUC82 | Long             | EC               | CORP              | MX        |       310 | NS      | $84320.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP               | Bank of America Corp                                         | CUSIP: 06051GJT7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2330000 | PA      | $1964383.60   | 0.34%             | 2032-04-22      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418DU59<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2119185 | PA      | $1901776.30   | 0.33%             | 2040-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                 | Conagra Brands Inc                                           | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |      1185 | NS      | $44070.15     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae REMICS                                            | CUSIP: 3136BJMZ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    917161 | PA      | $790852.73    | 0.14%             | 2050-10-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Cleanaway Waste Management Ltd     | Cleanaway Waste Management Ltd                               | CUSIP: 000000000<br>LEI: 549300D5C72CV6CIBS66 | Long             | EC               | CORP              | AU        |    244322 | NS      | $473411.56    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING              | Alibaba Group Holding Ltd                                    | CUSIP: 01609WAU6<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |   2820000 | PA      | $2452051.65   | 0.43%             | 2037-12-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dechra Pharmaceuticals PLC         | Dechra Pharmaceuticals PLC                                   | CUSIP: 000000000<br>LEI: 213800J4UVB5OWG8VX82 | Long             | EC               | CORP              | GB        |     10453 | NS      | $370727.90    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities      | GS Mortgage-Backed Securities Trust 2021-PJ6                 | CUSIP: 36262LAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    945417 | PA      | $835374.67    | 0.15%             | 2051-11-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                | JPMorgan Chase & Co                                          | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      2544 | NS      | $356058.24    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Social Professional Loan Progr     | Sofi Professional Loan Program 2018-B Trust                  | CUSIP: 83404RAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    334874 | PA      | $325113.88    | 0.06%             | 2047-08-25      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                        | CUSIP: 3128P76R9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    260645 | PA      | $262729.54    | 0.05%             | 2034-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                        | CUSIP: 3128P76G3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    185713 | PA      | $186872.02    | 0.03%             | 2034-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                             | CUSIP: 91282CDJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  17365000 | PA      | $14600166.41  | 2.55%             | 2031-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Essex Property Trust Inc           | Essex Property Trust Inc                                     | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |       752 | NS      | $170004.64    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc      | Automatic Data Processing Inc                                | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |       528 | NS      | $119227.68    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418EKV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1182971 | PA      | $1200709.45   | 0.21%             | 2052-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust             | Sequoia Mortgage Trust 2013-8                                | CUSIP: 81745EAA7<br>LEI: 549300EU86QZR1NB5U93 | Long             | ABS-MBS          | CORP              | US        |    123433 | PA      | $111788.27    | 0.02%             | 2043-06-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan      | New Residential Mortgage Loan Trust 2016-4                   | CUSIP: 64829LAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    301436 | PA      | $278946.24    | 0.05%             | 2056-11-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd               | Tencent Holdings Ltd                                         | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |      6700 | NS      | $326483.76    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Moody's Corp                       | Moody's Corp                                                 | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |     16138 | NS      | $5208539.50   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Rotork PLC                         | Rotork PLC                                                   | CUSIP: 000000000<br>LEI: 213800AH5RZIHGWRJ718 | Long             | EC               | CORP              | GB        |     53050 | NS      | $208976.38    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Visa Inc                           | Visa Inc                                                     | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     30982 | NS      | $7132366.22   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Nelnet Student Loan Trust          | Nelnet Student Loan Trust 2012-3                             | CUSIP: 64032XAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    203590 | PA      | $198216.75    | 0.03%             | 2045-02-25      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Helios Towers PLC                  | Helios Towers PLC                                            | CUSIP: 000000000<br>LEI: 213800DGC7GS4XCHCU30 | Long             | EC               | CORP              | GB        |    131635 | NS      | $173646.24    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Vertex Pharmaceuticals Inc         | Vertex Pharmaceuticals Inc                                   | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     11191 | NS      | $3615812.10   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3138EHR87<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    390617 | PA      | $396172.89    | 0.07%             | 2041-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Skyworks Solutions Inc             | Skyworks Solutions Inc                                       | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |       274 | NS      | $30049.58     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                     | Amazon.com Inc                                               | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    155948 | NS      | $16082917.24  | 2.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Winwater Mortgage Loan Trust       | WinWater Mortgage Loan Trust 2015-1                          | CUSIP: 97652TAA1<br>LEI: 5493006H0W2XGUBIBK91 | Long             | ABS-MBS          | CORP              | US        |     44837 | PA      | $41756.82     | 0.01%             | 2045-01-20      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust      | CITIGROUP MORTGAGE LOAN TRUST 2021-INV1                      | CUSIP: 17329PAY8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    873612 | PA      | $730064.80    | 0.13%             | 2051-05-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| POPULAR INC                        | Popular Inc                                                  | CUSIP: 733174AK2<br>LEI: 5493008CARDZMVQ3LO89 | Long             | DBT              | CORP              | PR        |    600000 | PA      | $598059.64    | 0.10%             | 2023-09-14      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| JONAH ENERGY PARENT LLC            | JONAH ENERGY PARENT LLC                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6986 | NS      | $434738.78    | 0.08%             |  |  |  | No            |                  3 | On Loan: No      |
| Procter & Gamble Co/The            | Procter & Gamble Co/The                                      | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      2010 | NS      | $286183.80    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc       | Thermo Fisher Scientific Inc                                 | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      5016 | NS      | $2860775.28   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418CZ56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    234229 | PA      | $233319.52    | 0.04%             | 2033-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Intel Corp                         | Intel Corp                                                   | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |      4566 | NS      | $129035.16    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC           | Warnermedia Holdings Inc                                     | CUSIP: 55903VAJ2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   3450000 | PA      | $3159320.77   | 0.55%             | 2029-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan      | New Residential Mortgage Loan Trust 2015-2                   | CUSIP: 64829EAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    267252 | PA      | $250770.22    | 0.04%             | 2055-08-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Agree Realty Corp                  | Agree Realty Corp                                            | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4936 | NS      | $368373.68    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree Inc                    | Dollar Tree Inc                                              | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |     21426 | NS      | $3217756.68   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Adyen NV                           | Adyen NV                                                     | CUSIP: 000000000<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |       279 | NS      | $421822.10    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Camden Property Trust              | Camden Property Trust                                        | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |      2016 | NS      | $248391.36    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SEASPAN CORP                       | Seaspan Corp                                                 | CUSIP: 000000000<br>LEI: 5493007Z8Q1H45KT7W98 | Long             | DBT              | CORP              | MH        |    700000 | PA      | $698389.92    | 0.12%             | 2024-02-05      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Pool                                             | CUSIP: 3132DNHE6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2864390 | PA      | $2798475.56   | 0.49%             | 2051-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| J M Smucker Co/The                 | J M Smucker Co/The                                           | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |       277 | NS      | $42325.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark de Mexico SAB d     | Kimberly-Clark de Mexico SAB de CV                           | CUSIP: 000000000<br>LEI: 549300JGHL56QT00KT54 | Long             | EC               | CORP              | MX        |    313700 | NS      | $597230.29    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity Ltd                | TE Connectivity Ltd                                          | CUSIP: 000000000<br>LEI: 894500ZRIX9K13RHXR17 | Long             | EC               | CORP              | US        |       432 | NS      | $54928.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Mortgage Trust           | JP Morgan Mortgage Trust 2014-2                              | CUSIP: 46641YAA1<br>LEI: 549300BV8AJIRLDGMR51 | Long             | ABS-MBS          | CORP              | US        |    180508 | PA      | $171165.34    | 0.03%             | 2029-06-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Pool                                             | CUSIP: 3132DV5D3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2553832 | PA      | $2346116.40   | 0.41%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Unilever PLC                       | Unilever PLC                                                 | CUSIP: 904767704<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |    157978 | NS      | $8072675.80   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31410KJY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     91822 | PA      | $97652.87     | 0.02%             | 2038-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 3138EQST0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    198728 | PA      | $196613.27    | 0.03%             | 2043-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tractor Supply Co                  | Tractor Supply Co                                            | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |       171 | NS      | $38986.29     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The                  | Allstate Corp/The                                            | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |       515 | NS      | $66162.05     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| RenaissanceRe Holdings Ltd         | RenaissanceRe Holdings Ltd                                   | CUSIP: 000000000<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | BM        |      1118 | NS      | $218781.42    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BioMarin Pharmaceutical Inc        | BioMarin Pharmaceutical Inc                                  | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |     33281 | NS      | $3838963.35   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Electron Ltd                 | Tokyo Electron Ltd                                           | CUSIP: 000000000<br>LEI: 549300H5LSF8DP3RIJ34 | Long             | EC               | CORP              | JP        |       500 | NS      | $174762.16    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of NT Butterfield & Son L     | Bank of NT Butterfield & Son Ltd/The                         | CUSIP: 000000000<br>LEI: 549300V8RVM0EMTDPF28 | Long             | EC               | CORP              | BM        |      6502 | NS      | $207803.92    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Pacifi     | Grupo Aeroportuario del Pacifico SAB de CV                   | CUSIP: 400506101<br>LEI: 4469000001BZ368XFI90 | Long             | EC               | CORP              | MX        |       462 | NS      | $79727.34     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31415VXY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       733 | PA      | $729.78       | 0.00%             | 2023-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Marathon Petroleum Corp            | Marathon Petroleum Corp                                      | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |       665 | NS      | $85465.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FS ENERGY & POWER FUND             | FS Energy and Power Fund                                     | CUSIP: 30264DAA7<br>LEI: 54930004XHN0QROEGZ58 | Long             | DBT              | CORP              | US        |    610000 | PA      | $609911.90    | 0.11%             | 2023-08-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru     | SMB Private Education Loan Trust 2019-B                      | CUSIP: 83192CAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1378762 | PA      | $1297769.56   | 0.23%             | 2037-06-15      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                        | CUSIP: 3128M5VT4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     45614 | PA      | $48562.25     | 0.01%             | 2038-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                | Abbott Laboratories                                          | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      1304 | NS      | $144157.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                              | CUSIP: 31418BBC9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    309845 | PA      | $311512.96    | 0.05%             | 2034-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust             | Sequoia Mortgage Trust 2013-7                                | CUSIP: 81745CAB9<br>LEI: 549300DFASAA48I36408 | Long             | ABS-MBS          | CORP              | US        |    108517 | PA      | $97324.84     | 0.02%             | 2043-06-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Healthcare Realty Trust Inc        | Healthcare Realty Trust Inc                                  | CUSIP: 42226K105<br>LEI: 549300L0I14L7I0VLX84 | Long             | EC               | CORP              | US        |     27873 | NS      | $600105.69    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Keyence Corp                       | Keyence Corp                                                 | CUSIP: 000000000<br>LEI: 529900M7PQBS7A89DZ11 | Long             | EC               | CORP              | JP        |       900 | NS      | $414332.05    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT            | Mexican Bonos                                                | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    972000 | PA      | $48785.05     | 0.01%             | 2031-05-29      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| SBA Communications Corp            | SBA Communications Corp                                      | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |     23078 | NS      | $6866397.34   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp                        | Target Corp                                                  | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |       455 | NS      | $78323.70     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Auto Trader Group PLC              | Auto Trader Group PLC                                        | CUSIP: 000000000<br>LEI: 213800QLK9BZILB1DI86 | Long             | EC               | CORP              | GB        |     87064 | NS      | $675484.77    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| IFF                                | International Flavors & Fragrances Inc                       | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |       488 | NS      | $54880.48     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co/The                      | Kroger Co/The                                                | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |      1265 | NS      | $56456.95     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                | American Tower Corp                                          | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      1524 | NS      | $340446.36    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                    | Caterpillar Inc                                              | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |       676 | NS      | $170548.04    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Getty Realty Corp                  | Getty Realty Corp                                            | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               | CORP              | US        |     12998 | NS      | $473517.14    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| New Residential Mortgage Loan      | New Residential Mortgage Loan Trust 2014-3                   | CUSIP: 64829DAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    197971 | PA      | $184312.32    | 0.03%             | 2054-11-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Dow Inc                            | Dow Inc                                                      | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |       897 | NS      | $53236.95     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| KREF 2021-FL2 Ltd                  | KREF 2021-FL2 Ltd                                            | CUSIP: 48275RAA5<br>LEI: 54930083ELM2GCMVTQ91 | Long             | ABS-CBDO         | CORP              | KY        |   1300000 | PA      | $1259960.91   | 0.22%             | 2039-02-15      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Brandywine Realty Trust            | Brandywine Realty Trust                                      | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |     17239 | NS      | $113087.84    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BNSF FUNDING TRUST I               | BNSF Funding Trust I                                         | CUSIP: 05567SAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1140000 | PA      | $1105917.00   | 0.19%             | 2055-12-15      | Fixed         | 6.61%                 | No            |                  2 | On Loan: No      |

### Signature

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

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

**Signature:** Troy M. Statczar

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

**Title:** Principal Financial Officer