# EDGAR Filing Document

**Accession Number:** 0000810893
**File Stem:** 0001099263-25-004465
**Filing Date:** 2025-11
**Character Count:** 246319
**Document Hash:** 18a31325ae8bc4913311a434e70502c2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-25-004465.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0001099263-25-004465

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20260331

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05028
- **FILM NUMBER:** 251528284

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

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

## Series and Classes Contracts Data

### PIMCO Credit Opportunities Bond Fund (Series ID: S000033596)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000103220 | Institutional | PCARX           |
| C000103221 | I-2           | PPCRX           |
| C000103224 | Class A       | PZCRX           |
| C000103225 | Class C       | PCCRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Newport Beach

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92660

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

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

- **a. Name of Series:** PIMCO Credit Opportunities Bond Fund

- **b. EDGAR series identifier (if any):** S000033596

- **c. LEI of Series:** OZ5WCS502FZE6NVLXP08

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

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

- **b. Date as of which information is reported:** 2025-09-30

**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:** $560110741.07

**Total Liabilities:** $63124337.57

**Net Assets:** $496986403.50

**Delayed Delivery Securities:** $5000000.00

**Cash Not Reported:** $12928296.38

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 150067.257000 | **1-Year:** 16237.995300 | **5-Year:** 88110.285500 | **10-Year:** 24739.162100 | **30-Year:** -3557.175100

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

- **3-Month:** 1913.761800 | **1-Year:** 10598.981400 | **5-Year:** 19965.498500 | **10-Year:** 3779.062000 | **30-Year:** 110.750700

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000103224 | 0.10%                | 1.13%                | 0.61%                |
| Class ID C000103225 | 0.00%                | 1.05%                | 0.55%                |
| Class ID C000103221 | 0.10%                | 1.13%                | 0.60%                |
| Class ID C000103220 | 0.10%                | 1.13%                | 0.62%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $834243.58               | $-3543627.61                               |
| Month 2  | $1081627.10              | $2073504.29                                |
| Month 3  | $135295.23               | $2068468.75                                |

**Designated Index Information**

- **Index Name:** Fund Securities Portfolio

- **Index Identifier:** 0

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| COUNTRYWIDE ALTERNATIVE LOAN 2006-OA11                                        | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2006 OA11 A1B      | CUSIP: 02147DAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    192521 | PA      | $188410.04    | 0.04%             | 2046-09-25      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                     | AMGEN INC SR UNSECURED 03/33 5.25                       | CUSIP: 031162DR8<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2797602.49   | 0.56%             | 2033-03-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                         | FED HM LN PC POOL RJ0135 FR 11/53 FIXED 4               | CUSIP: 3142GQEH1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    952275 | PA      | $898311.74    | 0.18%             | 2053-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD CNH BOUGHT USD 20251016                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |         1 | NC      | $386.45       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU PASS LLC                                             | VENTURE GLOBAL CALCASIEU SR SECURED 144A 08/29 3.875    | CUSIP: 92328MAA1<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1918361.06   | 0.39%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | CDX IG44 5Y ICE                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $3966802.24   | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                 | BOEING CO/THE SR UNSECURED 05/34 6.528                  | CUSIP: 097023DS1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   3200000 | PA      | $3540032.42   | 0.71%             | 2034-05-01      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                            | US TREASURY N/B 08/35 4.25                              | CUSIP: 91282CNT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6100000 | PA      | $6150039.03   | 1.24%             | 2035-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                                   | ROYAL CARIBBEAN CRUISES SR UNSECURED 01/36 5.375        | CUSIP: 78017TAB9<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    765000 | PA      | $769757.09    | 0.15%             | 2036-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ABS INC 2004-FR1                                                 | BEAR STEARNS ASSET BACKED SECU BSABS 2004 FR1 M3        | CUSIP: 073879DG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     88450 | PA      | $96200.87     | 0.02%             | 2034-07-25      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT EUR SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $3490.37      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| COUNTRYWIDE HOME LOANS 2004-18                                                | COUNTRYWIDE HOME LOANS CWHL 2004 18 A1                  | CUSIP: 12669F4Z3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3237 | PA      | $3201.87      | 0.00%             | 2034-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                            | ORACLE CORP SR UNSECURED 09/65 6.1                      | CUSIP: 68389XDT9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99890.21     | 0.02%             | 2065-09-26      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| PRA HEALTH SCIENCES INC                                                       | PRA HEALTH SCIENCES INC SR SECURED 144A 07/26 2.875     | CUSIP: 45569KAA1<br>LEI: 549300R1HR1VWWHIAK47 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $986503.13    | 0.20%             | 2026-07-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | RBC CAPITAL MARKETS REPO REPO                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |   1724000 | PA      | $1724000.00   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                            | ORACLE CORP SR UNSECURED 09/35 5.2                      | CUSIP: 68389XDM4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100588.72    | 0.02%             | 2035-09-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ALTERNATIVE LN TR 2007-11T1                                       | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2007 11T1 A21      | CUSIP: 02150GAX6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    593771 | PA      | $243112.38    | 0.05%             | 2037-05-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PERU GOVT                                                                     | BONOS DE TESORERIA SR UNSECURED 144A REGS 08/33 7       | CUSIP: ACI2GGZ75<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |   3500000 | PA      | $1124207.60   | 0.23%             | 2033-08-12      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA (VMED O2 UK FINANCING I PLC)                                     | VMED O2 UK FINANCING I SR SECURED 144A 04/32 5.625      | CUSIP: ACI2NJDT7<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    900000 | PA      | $1087221.97   | 0.22%             | 2032-04-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE MRTG CAPITAL CERT 2006-6                                        | CREDIT SUISSE MORTGAGE TRUST CSMC 2006 6 1A8            | CUSIP: 22942JAH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    164126 | PA      | $74393.82     | 0.01%             | 2036-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR USD SOFR/3.89900 03/11/25-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-5707.21     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FUNDING LIMITED                                               | AVOLON HOLDINGS FNDG LTD COMPANY GUAR 144A 10/32 4.95   | CUSIP: 05401ABC4<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    300000 | PA      | $296485.91    | 0.06%             | 2032-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| DBGS 2021-W52 MORTGAGE TRUST                                                  | DBGS MORTGAGE TRUST DBGS 2021 W52 A 144A                | CUSIP: 23308LAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $992925.20    | 0.20%             | 2036-10-15      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 3 MONTH SOFR OPT  JUN26C 98 EXP 06/12/2026              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       114 | NC      | $7125.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BCAP LLC TRUST 2009-RR13                                                      | BCAP LLC TRUST BCAP 2009 RR13 15A2 144A                 | CUSIP: 05532KAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     68911 | PA      | $64339.97     | 0.01%             | 2037-07-26      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS (NORTH AMERICA) INC                                            | UNITED RENTALS NORTH AM SECURED 11/27 3.875             | CUSIP: 911365BM5<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2556850.66   | 0.51%             | 2027-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                            | SOUTHERN CAL EDISON 1ST MORTGAGE 02/26 1.2              | CUSIP: 842400GV9<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1087393.99   | 0.22%             | 2026-02-01      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                                             | ENTERPRISE PRODUCTS OPER ENTERPRISE PRODUCTS OPER       | CUSIP: 29379VCG6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1008775.42   | 0.20%             | 2035-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| NEWMARK GROUP INC                                                             | NEWMARK GROUP INC SR UNSECURED 01/29 7.5                | CUSIP: 65158NAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1395538.30   | 0.28%             | 2029-01-12      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD JPY BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $18553.63     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | FORD MOTOR COMPANY SNR S* ICE                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $-1017935.19  | -0.20%            |  |  |  | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FINANCE PLC                                              | VIRGIN MEDIA SECURED FIN SR SECURED 144A 01/30 4.25     | CUSIP: ACI1FYMM0<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |   1200000 | PA      | $1504821.81   | 0.30%             | 2030-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                  | UBS GROUP AG SR UNSECURED 144A 12/29 VAR                | CUSIP: 225401BK3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    500000 | PA      | $498940.16    | 0.10%             | 2029-12-23      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA (VMED O2 UK FINANCING I PLC)                                     | VMED O2 UK FINANCING I SR SECURED REGS 04/32 5.625      | CUSIP: ACI2NJDQ3<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |   2700000 | PA      | $3261665.92   | 0.66%             | 2032-04-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                                        | CVS HEALTH CORP SR UNSECURED 09/32 5                    | CUSIP: 126650EJ5<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2126528.54   | 0.43%             | 2032-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ASSET BACKED FUNDING CERT 2007-WMC1                                           | ASSET BACKED FUNDING CERTIFICA ABFC 2007 WMC1 A2B       | CUSIP: 04545EAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    252373 | PA      | $213129.82    | 0.04%             | 2037-06-25      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL ASSET MGTE PROD INC 2005-EFC7                                     | RESIDENTIAL ASSET MORTGAGE PRO RAMP 2005 EFC7 A2        | CUSIP: 76112BR85<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    896839 | PA      | $755159.11    | 0.15%             | 2035-12-25      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OPERATING PARTNERSHIP LP                                     | INVITATION HOMES OP COMPANY GUAR 02/35 4.875            | CUSIP: 46188BAG7<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |    600000 | PA      | $592965.92    | 0.12%             | 2035-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR USD SOFR/3.84200 03/04/25-5Y LCH                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-8124.85     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317UACJA3 PIMCO SWAPTION 3.698 PUT USD 2025100          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -600000 | NC      | $-1071.84     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317UAFEA1 PIMCO SWAPTION 3.675 PUT USD 2025101          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -900000 | NC      | $-3537.18     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CAMERON LNG LLC                                                               | CAMERON LNG LLC SR SECURED 144A 07/31 2.902             | CUSIP: 133434AA8<br>LEI: 549300C39FLHGVD73K22 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1370701.80   | 0.28%             | 2031-07-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2022-LP2                                         | BX TRUST BX 2022 LP2 A 144A                             | CUSIP: 05610HAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    181451 | PA      | $181388.53    | 0.04%             | 2039-02-15      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317UABEA0 PIMCO SWAPTION 3.807 PUT USD 2025100          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |  -1000000 | NC      | $-265.50      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CENTENE CORPORATION                                                           | CENTENE CORP SR UNSECURED 07/28 2.45                    | CUSIP: 15135BAY7<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1953069.22   | 0.39%             | 2028-07-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD PEN BOUGHT USD 20260318                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |         1 | NC      | $-3270.84     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BCAP LLC TRUST 2007-AA3                                                       | BCAP LLC TRUST BCAP 2007 AA3 2A1A                       | CUSIP: 05530VAN9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     90337 | PA      | $82862.34     | 0.02%             | 2047-05-25      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| HIGHWOODS REALTY LP                                                           | HIGHWOODS REALTY LP SR UNSECURED 04/29 4.2              | CUSIP: 431282AR3<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              | CORP              | US        |    900000 | PA      | $882579.30    | 0.18%             | 2029-04-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICA GOVT                                                             | REPUBLIC OF SOUTH AFRICA SR UNSECURED 02/35 8.875       | CUSIP: BYY9RYII7<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |  58820000 | PA      | $3346132.54   | 0.67%             | 2035-02-28      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD ZAR BOUGHT USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |         1 | NC      | $-5828.45     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | REPO BANK AMERICA REPO                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |   2100000 | PA      | $2100000.00   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| CHEPLAPHARM ARZNEIMITTEL GMBH                                                 | CHEPLAPHARM ARZNEIMITTEL SR SECURED REGS 05/30 7.5      | CUSIP: ACI2FPJG4<br>LEI: 529900ONXKBELT7EW052 | Long             | DBT              | CORP              | DE        |   1700000 | PA      | $2069888.91   | 0.42%             | 2030-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ALT-A TRUST 2007-2                                               | BEAR STEARNS ALT A TRUST BALTA 2007 2 2A1               | CUSIP: 073870AG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    251620 | PA      | $173756.38    | 0.03%             | 2037-04-25      | Floating      | 3.97%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                                          | FNMA TBA 30 YR 5 SINGLE FAMILY MORTGAGE                 | CUSIP: 01F0506B7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  14600000 | PA      | $14471350.64  | 2.91%             | 2055-11-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VISTA MANAGEMENT HOLDING INC                                                  | VISTA MANAGEMENT HOLDING INC 2025 TERM LOAN B           | CUSIP: 92842EAB4<br>LEI: 5299005VABKD28UWHI65 | Long             | LON              | CORP              | US        |   1831500 | PA      | $1846765.55   | 0.37%             | 2031-04-01      | Floating      | 7.74%                 | No            |                  2 | On Loan: No      |
| DT MIDSTREAM INC                                                              | DT MIDSTREAM INC COMPANY GUAR 144A 12/34 5.8            | CUSIP: 23345MAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $128962.59    | 0.03%             | 2034-12-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| VAIL RESORTS INC                                                              | VAIL RESORTS INC COMPANY GUAR 144A 07/30 5.625          | CUSIP: 91879QAQ2<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |    600000 | PA      | $604125.00    | 0.12%             | 2030-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD ZAR BOUGHT USD 20251009                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |         1 | NC      | $-33.25       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AES CORPORATION                                                               | AES CORP DISC COML PAPER 10/25 ZCP                      | CUSIP: 00809GX77<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1298867.57   | 0.26%             | 2025-10-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OPERATING PARTNERSHIP LP                                     | INVITATION HOMES OP COMPANY GUAR 01/33 4.95             | CUSIP: 46188BAH5<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100537.22    | 0.02%             | 2033-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET INVESTMENT LOAN TRUST 2004-11 2004-11                        | STRUCTURED ASSET INVESTMENT LO SAIL 2004 11 M5          | CUSIP: 86358EPU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    988043 | PA      | $446802.68    | 0.09%             | 2035-01-25      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                                                 | ALLSTATE CORP SUBORDINATED 08/53 VAR                    | CUSIP: 020002BB6<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301500.60    | 0.06%             | 2053-08-15      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| MASORANGE (LORCA TELECOM BONDCO SAU)                                          | LORCA TELECOM BONDCO SR SECURED REGS 04/29 5.75         | CUSIP: 948WSJII6<br>LEI: 9598004HFBAS82YM7X35 | Long             | DBT              | CORP              | ES        |   1900000 | PA      | $2329880.53   | 0.47%             | 2029-04-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ARES STRATEGIC INCOME FUND                                                    | ARES STRATEGIC INCOME FU SR UNSECURED 02/30 5.6         | CUSIP: 04020EAD9<br>LEI: 549300IANZJVZPTICV54 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202034.72    | 0.04%             | 2030-02-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | ORACLE CORPORATION SNR S* ICE                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $6229.43      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET INVESTMENT LOAN TRUST 2004-11 2004-11                        | STRUCTURED ASSET INVESTMENT LO SAIL 2004 11 M3          | CUSIP: 86358EPS9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1023555 | PA      | $897099.49    | 0.18%             | 2035-01-25      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATURAL RESOURCES LIMITED                                            | CANADIAN NATURAL RESOU 10/25 ZCP                        | CUSIP: 13638WXQ0<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $299097.99    | 0.06%             | 2025-10-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT JPY SOLD USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $596.35       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| COTERRA ENERGY INC                                                            | COTERRA ENERGY INC SR UNSECURED 02/35 5.4               | CUSIP: 127097AM5<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | DBT              | CORP              | US        |    400000 | PA      | $403732.93    | 0.08%             | 2035-02-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ARES FINANCE CO II LLC                                                        | ARES FINANCE CO II LLC COMPANY GUAR 144A 06/30 3.25     | CUSIP: 04015KAB6<br>LEI: 54930012GWL4VKKENG46 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1417452.41   | 0.29%             | 2030-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NEW CENTURY HOME EQUITY LOAN TRUST 2003-2                                     | NEW CENTURY HOME EQUITY LOAN T NCHET 2003 2 M2          | CUSIP: 64352VCS8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     42329 | PA      | $36959.40     | 0.01%             | 2033-01-25      | Floating      | 7.27%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY MTGE LN TRUST 2007-15AR                                        | MORGAN STANLEY MORTGAGE LOAN T MSM 2007 15AR 2A1        | CUSIP: 61756XAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    235137 | PA      | $163507.65    | 0.03%             | 2037-11-25      | Floating      | 3.27%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD CNH BOUGHT USD 20251016                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |         1 | NC      | $31.73        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD EUR BOUGHT USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $67001.31     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR USD SOFR/3.90500 03/12/25-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-5866.35     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317UAG9A5 PIMCO SWAPTION 2.55 CALL EUR 2025101          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -500000 | NC      | $-308.54      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT LP                                                      | AMERICAN HOMES 4 RENT SR UNSECURED 07/51 3.375          | CUSIP: 02666TAD9<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $671802.44    | 0.14%             | 2051-07-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | GENERAL MOTORS COMPANY SNR S* ICE                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $-392421.09   | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD EUR BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $-739.43      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HA SUSTAINABLE INFRASTRUCTURE CAPITAL INC                                     | HA SUSTAINABLE INF CAP COMPANY GUAR 07/34 6.375         | CUSIP: 41068XAF7<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |    900000 | PA      | $916384.18    | 0.18%             | 2034-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY PENNSYLVANIA ELECTRIC CO                                          | FIRSTENERGY PENN ELECTRI SR UNSECURED 144A 03/26 5.15   | CUSIP: 708696CA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $100293.46    | 0.02%             | 2026-03-30      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                              | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 02/31 2.5           | CUSIP: 694308JG3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    400000 | PA      | $356528.90    | 0.07%             | 2031-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | EURO-BUND OPTION  NOV25C 129.5 EXP 10/24/2025           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | DE        |        -5 | NC      | $-1408.86     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                         | FED HM LN PC POOL QE7028 FR 08/52 FIXED 4.5             | CUSIP: 3133BGYZ5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    615572 | PA      | $599681.59    | 0.12%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD AUD BOUGHT USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |         1 | NC      | $-12710.36    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD GBP BOUGHT USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |         1 | NC      | $-89153.74    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | 3 MONTH SOFR FUT  DEC27 XCME 20280314                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       757 | NC      | $609558.38    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| PEOPLE'S FINANCE REALTY MTGE SEC 2006-1                                       | PEOPLE S FINANCIAL REALTY MORT PFRMS 2006 1 2A2         | CUSIP: 71103XAS3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3366235 | PA      | $811834.92    | 0.16%             | 2036-09-25      | Floating      | 4.41%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | JPM CHASE REVERSE REPO EUR ZCP                          | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | LU        |   -584778 | PA      | $-689423.11   | -0.14%            |  |  |  | No            |                  2 | On Loan: No      |
| EP INFRASTRUCTURE AS                                                          | EP INFRASTRUCTURE AS SR UNSECURED REGS 10/28 2.045      | CUSIP: BKLX9GII7<br>LEI: 315700I4J1M1NKGWWY89 | Long             | DBT              | CORP              | CZ        |    100000 | PA      | $114345.65    | 0.02%             | 2028-10-09      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD AUD BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |         1 | NC      | $-18867.01    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CARNIVAL CORPORATION                                                          | CARNIVAL CORP SR SECURED 144A 08/28 4                   | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   5600000 | PA      | $5523563.36   | 1.11%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 3 MONTH SOFR FUT  JUN27 XCME 20270914                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       194 | NC      | $380962.68    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| INVITATION HOMES OPERATING PARTNERSHIP LP                                     | INVITATION HOMES OP COMPANY GUAR 01/34 2.7              | CUSIP: 46188BAC6<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |    600000 | PA      | $509481.50    | 0.10%             | 2034-01-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| THAMES WATER SUPER SENIOR ISSUER PLC                                          | THAMES WATER SUPER SEN SR SECURED 144A 10/27 9.75       | CUSIP: ACI2ZHVB7<br>LEI: 635400LBEYCV7F4FC741 | Long             | DBT              | CORP              | GB        |     32933 | PA      | $49598.92     | 0.01%             | 2027-10-10      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                  | UBS GROUP AG SR UNSECURED 144A 08/33 4.988              | CUSIP: 902613AT5<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   1400000 | PA      | $1415762.61   | 0.28%             | 2033-08-05      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                 | FORD MOTOR CREDIT CO LLC SR UNSECURED 03/27 5.8         | CUSIP: 345397D83<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252604.12    | 0.05%             | 2027-03-05      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD CAD BOUGHT USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |         1 | NC      | $327.86       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317UA9UA7 PIMCO SWAPTION 2.61 CALL EUR 2025100          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -700000 | NC      | $-60.49       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JETBLUE 2020-1 CLASS A PASS THROUGH TRUST                                     | JETBLUE AIRWAYS CORP PASS THRU CE 05/34 4               | CUSIP: 477164AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70553 | PA      | $66506.23     | 0.01%             | 2034-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE MORTGAGE CAPITAL CERTIFICATES 2012-11R                          | CREDIT SUISSE MORTGAGE TRUST CSMC 2012 11R 2A2 144A     | CUSIP: 12646QAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3565902 | PA      | $1789490.32   | 0.36%             | 2037-12-29      | Floating      | 4.08%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                 | BOEING CO SR UNSECURED 05/60 5.93                       | CUSIP: 097023CX1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    500000 | PA      | $499888.53    | 0.10%             | 2060-05-01      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                          | LAS VEGAS SANDS CORP SR UNSECURED 08/29 3.9             | CUSIP: 517834AF4<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |   3200000 | PA      | $3097480.64   | 0.62%             | 2029-08-08      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE HOME LOANS 2007-HY5                                               | COUNTRYWIDE HOME LOANS CWHL 2007 HY5 2A1                | CUSIP: 12544BAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     55505 | PA      | $50339.69     | 0.01%             | 2037-09-25      | Floating      | 3.96%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD CHF BOUGHT USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CH        |         1 | NC      | $-31.63       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RESIDENTIAL ASSET SEC CORP 2004-KS7                                           | RESIDENTIAL ASSET SECURITIES C RASC 2004 KS7 A2B3       | CUSIP: 76110WB54<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    117485 | PA      | $117816.32    | 0.02%             | 2034-08-25      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| CIM TRUST 2023-R4                                                             | CIM TRUST CIM 2023 R4 A1 144A                           | CUSIP: 12569UAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    577639 | PA      | $577643.66    | 0.12%             | 2062-05-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA MTG SEC 2005-I                                                | BANC OF AMERICA MORTGAGE SECUR BOAMS 2005 I 3A1         | CUSIP: 05949CHV1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    316112 | PA      | $254368.47    | 0.05%             | 2035-10-25      | Variable      | 3.91%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT JPY SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $-352.19      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                                               | UNITEDHEALTH GROUP INC SR UNSECURED 07/34 5.15          | CUSIP: 91324PFJ6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2361432.45   | 0.48%             | 2034-07-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL 2006-AR16                                                   | WAMU MORTGAGE PASS THROUGH CER WAMU 2006 AR16 1A1       | CUSIP: 92925GAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     85250 | PA      | $78295.05     | 0.02%             | 2036-12-25      | Floating      | 4.36%                 | No            |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                                                       | GA GLOBAL FUNDING TRUST SECURED 144A 01/30 5.4          | CUSIP: 36143L2R5<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155587.93    | 0.03%             | 2030-01-13      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2016-2 CLASS AA PASS THROUGH TRUST                          | AMER AIRLINE 16 2 AA PTT PASS THRU CE 12/29 3.2         | CUSIP: 023765AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    182100 | PA      | $176540.38    | 0.04%             | 2029-12-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| PERU GOVT                                                                     | REPUBLIC OF PERU SR UNSECURED REGS 08/34 5.4            | CUSIP: P78024AG4<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |   5900000 | PA      | $1645943.75   | 0.33%             | 2034-08-12      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE LLC                                       | VOLKSWAGEN GROUP AMERICA COMPANY GUAR 144A 03/28 5.05   | CUSIP: 928668CP5<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    400000 | PA      | $405294.02    | 0.08%             | 2028-03-27      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| WEYERHAEUSER COMPANY                                                          | WEYERHAEUSER CO SR UNSECURED 05/26 4.75                 | CUSIP: 962166CC6<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200573.07    | 0.04%             | 2026-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                          | FNMA POOL MA4867 FN 01/53 FIXED 4.5                     | CUSIP: 31418EMR8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    882918 | PA      | $861732.82    | 0.17%             | 2053-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WEATHERFORD INTERNATIONAL LTD                                                 | WEATHERFORD INTERNATIONA SR UNSECURED 144A 10/33 6.75   | CUSIP: 947075AW7<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |   1300000 | PA      | $1301716.79   | 0.26%             | 2033-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SPIRIT AIRLINES PASS THROUGH TRUST 2015-1A                                    | SPIRIT AIR 2015 1 PTT A PASS THRU CE 10/29 4.1          | CUSIP: 84858DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    196322 | PA      | $186512.93    | 0.04%             | 2029-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317UADWA6 PIMCO SWAPTION 3.685 PUT USD 2025101          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -900000 | NC      | $-3004.11     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT CAD SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |         1 | NC      | $-325.68      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                          | FNMA POOL FS2619 FN 08/52 FIXED VAR                     | CUSIP: 3140XH4D6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    431443 | PA      | $430973.52    | 0.09%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE TRUST                                                  | DIVERSIFIED HEALTHCARE T SR SECURED 144A 10/30 7.25     | CUSIP: 25525PAE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $305273.86    | 0.06%             | 2030-10-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| GSAMP TRUST 2007-FM1                                                          | GSAMP TRUST GSAMP 2007 FM1 A2B                          | CUSIP: 3622MAAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    378418 | PA      | $187347.57    | 0.04%             | 2036-12-25      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT BRL SOLD USD 20251202                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |         1 | NC      | $5731.61      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                          | FNMA POOL MA4840 FN 12/52 FIXED 4.5                     | CUSIP: 31418ELW8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    878254 | PA      | $858017.28    | 0.17%             | 2052-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BARCLAYS CAPITAL REPO REPO                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |   2052500 | PA      | $2052500.00   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | ZCS BRL 13.9255 05/08/25-01/04/27 CME                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | BR        |         1 | NC      | $-33392.52    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| SCHLUMBERGER HOLDINGS CORPORATION                                             | SCHLUMBERGER HLDGS CORP COMPANY GUAR 144A 06/34 5       | CUSIP: 806851AN1<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1819062.38   | 0.37%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SECURITIZED ASSET BACKED RECEIVABLES LLC 2006-FR2                             | SECURITIZED ASSET BACKED RECEI SABR 2006 FR2 A3         | CUSIP: 81376VAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1134959 | PA      | $713224.79    | 0.14%             | 2036-03-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 3 MONTH SOFR FUT  SEP27 XCME 20271214                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      1035 | NC      | $941577.34    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP / VICI NOTE CO INC                                         | VICI PROPERTIES / NOTE COMPANY GUAR 144A 02/29 3.875    | CUSIP: 92564RAL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1563131.66   | 0.31%             | 2029-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WEYERHAEUSER COMPANY                                                          | WEYERHAEUSER CO SR UNSECURED 03/52 4                    | CUSIP: 962166CB8<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              | CORP              | US        |   3025000 | PA      | $2353396.25   | 0.47%             | 2052-03-09      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                            | ENERGY TRANSFER LP COMPANY GUAR 05/44 5                 | CUSIP: 292480AJ9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $977825.76    | 0.20%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT BRL SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |         1 | NC      | $96968.38     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| BPCE SA                                                                       | BPCE SA 144A 10/34 VAR                                  | CUSIP: 05571AAS4<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   2900000 | PA      | $3236396.98   | 0.65%             | 2034-10-19      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICA GOVT                                                             | REPUBLIC OF SOUTH AFRICA SR UNSECURED 01/37 8.5         | CUSIP: ACI06HB74<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |  12000000 | PA      | $640245.51    | 0.13%             | 2037-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| LOGICOR FINANCING SARL                                                        | LOGICOR FINANCING SARL COMPANY GUAR REGS 07/27 1.625    | CUSIP: ACI1D58V1<br>LEI: 254900IS16Q1A2TQFN22 | Long             | DBT              | CORP              | LU        |    750000 | PA      | $863290.73    | 0.17%             | 2027-07-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA (VMED O2 UK FINANCING I PLC)                                     | VMED O2 UK FINANCING I VMED O2 UK FINANCING I           | CUSIP: 92858RAD2<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    900000 | PA      | $946699.20    | 0.19%             | 2032-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| SCHAEFFLER GMBH (IHO VERWALTUNGS GMBH)                                        | IHO VERWALTUNGS GMBH SR SECURED 144A 11/30 7.75         | CUSIP: 44963BAF5<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |   1000000 | PA      | $1047074.17   | 0.21%             | 2030-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ALTERNATIVE LN TR 2006-19CB                                       | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2006 19CB A4       | CUSIP: 02147QAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200519 | PA      | $112760.52    | 0.02%             | 2036-08-25      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| AUSTRALIA GOVT                                                                | AUSTRALIAN GOVERNMENT BONDS REGS 11/31 1                | CUSIP: BMGX73II0<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |    900000 | PA      | $502632.37    | 0.10%             | 2031-11-21      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT JPY SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $-7145.34     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| EPR PROPERTIES                                                                | EPR PROPERTIES COMPANY GUAR 04/28 4.95                  | CUSIP: 26884UAE9<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201591.91    | 0.04%             | 2028-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                      | LLOYDS BANKING GROUP PLC SUBORDINATED 06/36 VAR         | CUSIP: 539439BE8<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   5900000 | PA      | $6196252.69   | 1.25%             | 2036-06-13      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317UAM2A9 PIMCO SWAPTION 3.55 CALL USD 2025102          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -700000 | NC      | $-2442.72     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                                              | FIRSTENERGY CORP SR UNSECURED 09/30 2.25                | CUSIP: 337932AP2<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1528519.90   | 0.31%             | 2030-09-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| INDYMAC INDX MORTGAGE LOAN TR 2007-AR5                                        | INDYMAC INDX MORTGAGE LOAN TRU INDX 2007 AR5 3A1        | CUSIP: 45669EAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     75928 | PA      | $64987.40     | 0.01%             | 2037-05-25      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| YORKSHIRE WATER FINANCE PLC                                                   | YORKSHIRE WATER FINANCE SR SECURED REGS 11/34 6.375     | CUSIP: ACI2R5935<br>LEI: 213800O8BDOGHJMTCP32 | Long             | DBT              | CORP              | GB        |   2300000 | PA      | $3158695.06   | 0.64%             | 2034-11-18      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | GOLDMAN SACHS GROUP INC SNR S* ICE                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $4374.18      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RENAISSANCE HOME EQUITY LOAN TR 2007-2                                        | RENAISSANCE HOME EQUITY LOAN T RAMC 2007 2 AF6          | CUSIP: 75970QAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2098614 | PA      | $532171.67    | 0.11%             | 2037-06-25      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| VIPER ENERGY PARTNERS LLC                                                     | VIPER ENERGY PARTNERS LL COMPANY GUAR 08/35 5.7         | CUSIP: 92764MAB0<br>LEI: 54930010ZZ02MRGRI973 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101734.50    | 0.02%             | 2035-08-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD PEN BOUGHT USD 20251103                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |         1 | NC      | $-21584.23    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                                          | GNMA II TBA 30 YR 6 JUMBOS                              | CUSIP: 21H0606B2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    700000 | PA      | $711964.18    | 0.14%             | 2054-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MUTUAL OF OMAHA COMPANIES GLOBAL FUNDING                                      | MUTUAL OF OMAHA GLOBAL SECURED 144A 07/26 5.8           | CUSIP: 62829D2A7<br>LEI: 635400AL5J3F1ZPTAN95 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50713.01     | 0.01%             | 2026-07-27      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | US 5YR NOTE (CBT) DEC25 XCBT 20251231                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       704 | NC      | $67917.97     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| PACIFIC LIFE GLOBAL FUNDING II                                                | PACIFIC LIFE GF II SECURED 144A 01/28 VAR               | CUSIP: 6944PL3E7<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |    800000 | PA      | $802765.18    | 0.16%             | 2028-01-27      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| THAMES WATER SUPER SENIOR ISSUER PLC                                          | THAMES WATER SUPER SEN SR SECURED 144A 10/27 9.75       | CUSIP: ACI2VXTH6<br>LEI: 635400LBEYCV7F4FC741 | Long             | DBT              | CORP              | GB        |     41965 | PA      | $63032.36     | 0.01%             | 2027-10-10      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                       | GOLDMAN SACHS GROUP INC SR UNSECURED 01/56 VAR          | CUSIP: 38141GC51<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    600000 | PA      | $622509.44    | 0.13%             | 2056-01-28      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| BANC OF AMERICA FUNDING CORP 2007-E                                           | BANC OF AMERICA FUNDING CORPOR BAFC 2007 E 8A1          | CUSIP: 05954DAR7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    261010 | PA      | $227351.97    | 0.05%             | 2047-09-20      | Floating      | 4.50%                 | No            |                  2 | On Loan: No      |
| STADA (NIDDA HEALTHCARE HOLDING GMBH)                                         | NIDDA HEALTHCARE HOLDING SR SECURED REGS 10/30 5.375    | CUSIP: ACI2WTZL8<br>LEI: 549300Q89C4WAO6L0L19 | Long             | DBT              | CORP              | DE        |   1500000 | PA      | $1794847.22   | 0.36%             | 2030-10-23      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                                            | BMW US CAPITAL LLC COMPANY GUAR 144A 08/30 4.5          | CUSIP: 05565EDC6<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100179.89    | 0.02%             | 2030-08-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | GENERAL MOTORS COMPANY SNR S* ICE                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $-654110.93   | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                          | JPMORGAN CHASE + CO JR SUBORDINA 12/99 VAR              | CUSIP: 48128AAJ2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |    700000 | NS      | $725466.00    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT TRY SOLD USD 20251110                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |         1 | NC      | $9132.45      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                 | FORD MOTOR CREDIT CO LLC SR UNSECURED 05/27 5.85        | CUSIP: 345397E74<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1012727.64   | 0.20%             | 2027-05-17      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| CMS ENERGY CORPORATION                                                        | CMS ENERGY CORP SR UNSECURED 02/27 2.95                 | CUSIP: 125896BR0<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98186.73     | 0.02%             | 2027-02-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                                      | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/32 0.00000  | CUSIP: ACI30CRD5<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |     46298 | PA      | $1099.58      | 0.00%             | 2032-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                          | EDISON INTERNATIONAL SR UNSECURED 03/30 6.25            | CUSIP: 281020BC0<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    300000 | PA      | $312100.10    | 0.06%             | 2030-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO GAS & ELECTRIC COMPANY                                              | SAN DIEGO G + E 1ST MORTGAGE 04/35 5.4                  | CUSIP: 797440CG7<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1446640.20   | 0.29%             | 2035-04-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR USD SOFR/3.97500 03/21/25-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-10247.24    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| INTERNATIONAL FLAVORS & FRAGRANCES INC                                        | INTERNAL FLV+FGR INC 10/25 ZCP                          | CUSIP: 4595A2X61<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |    450000 | PA      | $449681.67    | 0.09%             | 2025-10-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2007-HE2                                         | MORGAN STANLEY CAPITAL INC MSAC 2007 HE2 A1 144A        | CUSIP: 61753EAP5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3093788 | PA      | $1168901.45   | 0.24%             | 2037-01-25      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| INDYMAC INDX MTGE LOAN TRUST 2007-FLX1                                        | INDYMAC INDX MORTGAGE LOAN TRU INDX 2007 FLX1 A3        | CUSIP: 45668WAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    194792 | PA      | $131019.87    | 0.03%             | 2037-02-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| CBRE GLOBAL INVESTORS OPEN-ENDED FUNDS SCA SICAV-SIF-PAN EUROPEAN CORE FUND   | CBRE OPEN ENDED FUNDS SR UNSECURED REGS 03/34 4.75      | CUSIP: ACI2NF8C8<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1100000 | PA      | $1363851.39   | 0.27%             | 2034-03-27      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MERITAGE HOMES CORPORATION                                                    | MERITAGE HOMES CORP COMPANY GUAR 144A 04/29 3.875       | CUSIP: 59001ABD3<br>LEI: 52990044W9UMFJO2FB97 | Short            | DBT              | CORP              | US        |  -2200000 | PA      | $-2142498.75  | -0.43%            | 2029-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317UAEPA2 PIMCO SWAPTION 3.325 CALL USD 202510          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -700000 | NC      | $-93.45       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET INVEST LN TR 2003-BC2                                        | STRUCTURED ASSET INVESTMENT LO SAIL 2003 BC2 M1         | CUSIP: 86358EAN6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     35363 | PA      | $36279.68     | 0.01%             | 2033-04-25      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                                      | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/31 7        | CUSIP: ACI30G7Q9<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |     44631 | PA      | $613.68       | 0.00%             | 2031-12-28      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS LP                                                   | CHENIERE ENERGY PARTNERS COMPANY GUAR 01/32 3.25        | CUSIP: 16411QAN1<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2096191.02   | 0.42%             | 2032-01-31      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT JPY SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $-440.27      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | PULTEGROUP INC SNR S* ICE                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $-345065.56   | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                                      | KAISA GROUP HOLDINGS LTD COMMON STOCK HKD.1             | CUSIP: B58RBK905<br>LEI: 254900N8L3L7NRJT0120 | Long             | EC               | CORP              | KY        |    645103 | NS      | $13843.86     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                           | SOLD GBP BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |         1 | NC      | $36083.74     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| SILGAN HOLDINGS INC                                                           | SILGAN HOLDINGS INC SR SECURED 144A 04/26 1.4           | CUSIP: 827048AX7<br>LEI: KAF673KJXD92C8KSLU49 | Long             | DBT              | CORP              | US        |    900000 | PA      | $886007.95    | 0.18%             | 2026-04-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| KENNEDY WILSON EUROPE REAL ESTATE LIMITED                                     | KENNEDY WILSON EUR REAL SR UNSECURED REGS 11/25 3.25    | CUSIP: ACI0HXJ38<br>LEI: 213800WIL553Z1T6DZ52 | Long             | DBT              | CORP              | JE        |    315789 | PA      | $369947.39    | 0.07%             | 2025-11-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MODULAIRE (BCP V MODULAR SERVICES FINANCE II PLC)                             | BCP MODULAR SERVICES SR SECURED 144A 07/31 6.5          | CUSIP: ACI2YGQW0<br>LEI: 213800227GGD6UI7PI97 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $110064.10    | 0.02%             | 2031-07-10      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD EUR BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $5922.49      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY COMPANY                                              | CANADIAN PACIFIC RAILWAY COMPANY GUAR 12/31 2.45        | CUSIP: 13645RBF0<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |   2100000 | PA      | $1870686.11   | 0.38%             | 2031-12-02      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR USD SOFR/3.25000 03/19/25-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $1845784.66   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD PEN BOUGHT USD 20260218                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |         1 | NC      | $-1363.08     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                                                          | BOSTON PROPERTIES LP BOSTON PROPERTIES LP               | CUSIP: 10112RBJ2<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2556973.88   | 0.51%             | 2035-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MSCI INC                                                                      | MSCI INC COMPANY GUAR 144A 11/31 3.625                  | CUSIP: 55354GAM2<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |   3800000 | PA      | $3570934.06   | 0.72%             | 2031-11-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD CNH BOUGHT USD 20251016                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |         1 | NC      | $252.43       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR USD SOFR/3.75000 06/20/24-5Y LCH                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-665132.91   | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOFTBANK GROUP CORP SNR JP SP GST                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $2208.20      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU PASS LLC                                             | VENTURE GLOBAL CALCASIEU SR SECURED 144A 11/33 3.875    | CUSIP: 92328MAC7<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1014457.33   | 0.20%             | 2033-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CGI INC                                                                       | CGI INC SR UNSECURED 09/26 1.45                         | CUSIP: 12532HAC8<br>LEI: 549300WSRCZY73ZG3090 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $97598.33     | 0.02%             | 2026-09-14      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317U95BA8 PIMCO SWAPTION 1.5 CALL USD 20260429          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        | -17300000 | NC      | $-3051.72     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BGC GROUP INC                                                                 | BGC GROUP INC SR UNSECURED 144A 04/30 6.15              | CUSIP: 05555LAC5<br>LEI: 2549001IGRCG4F0RLD36 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205193.99    | 0.04%             | 2030-04-02      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                   | BNP PARIBAS JR SUBORDINA REGS 12/99 VAR                 | CUSIP: ACI2C5Q73<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    800000 | PA      | $1041969.96   | 0.21%             | 2030-06-11      | Floating      | 7.38%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2006-HE7                                         | MORGAN STANLEY CAPITAL INC MSAC 2006 HE7 A2D            | CUSIP: 61750MAF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    661066 | PA      | $285001.11    | 0.06%             | 2036-09-25      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317UACKA1 PIMCO SWAPTION 3.398 CALL USD 202510          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -600000 | NC      | $-21.84       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | CDX IG45 5Y ICE                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $1174431.86   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY INC                                                           | CHENIERE ENERGY INC SR UNSECURED 04/34 5.65             | CUSIP: 16411RAN9<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1856353.97   | 0.37%             | 2034-04-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | CDX HY44 5Y ICE                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $884207.93    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317UAFFA0 PIMCO SWAPTION 3.375 CALL USD 202510          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -900000 | NC      | $-218.25      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                                      | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/29 0.00000  | CUSIP: BVPGQSII1<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |     19836 | PA      | $471.11       | 0.00%             | 2029-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MASTR ASSET BACKED SEC TR 2006-NC2                                            | MASTR ASSET BACKED SECURITIES MABS 2006 NC2 A3          | CUSIP: 55275BAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    455852 | PA      | $161220.37    | 0.03%             | 2036-08-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 3 MONTH SOFR OPT  JUN26C 98.5 EXP 06/12/2026            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      -110 | NC      | $-2750.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BLUE OWL FINANCE LLC                                                          | BLUE OWL FINANCE LLC COMPANY GUAR 06/31 3.125           | CUSIP: 09581JAR7<br>LEI: 254900OF2NO2GYFV5T41 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1913407.57   | 0.39%             | 2031-06-10      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CHOICE HOTELS INTERNATIONAL INC                                               | CHOICE HOTELS INTL INC SR UNSECURED 01/31 3.7           | CUSIP: 169905AG1<br>LEI: 5493003CYRY5RFGTIR97 | Long             | DBT              | CORP              | US        |    550000 | PA      | $515109.36    | 0.10%             | 2031-01-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CERVED GROUP SPA                                                              | CERVED INFORMATION SOLUT SR SECURED REGS 02/29 6        | CUSIP: ACI23M8W1<br>LEI: 8156005E0EF91772E207 | Long             | DBT              | CORP              | IT        |    400000 | PA      | $424966.43    | 0.09%             | 2029-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD PEN BOUGHT USD 20260209                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |         1 | NC      | $-34322.70    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                                      | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/31 0.00000  | CUSIP: ACI30CTS0<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |     24795 | PA      | $588.88       | 0.00%             | 2031-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UBISOFT ENTERTAINMENT                                                         | UBISOFT ENTERTAINMENT SA SR UNSECURED REGS 11/27 0.878  | CUSIP: ACI1SYQ75<br>LEI: 969500I7C8V1LBIMSM05 | Long             | DBT              | CORP              | FR        |    900000 | PA      | $986858.60    | 0.20%             | 2027-11-24      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |         1 | NC      | $-7538.94     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HARLEY-DAVIDSON FINANCIAL SERVICES INC                                        | HARLEY DAVIDSON FND CP                                  | CUSIP: 41282JYC9<br>LEI: RLUFFFFW4GRYU77BTS24 | Long             | DBT              | CORP              | US        |    350000 | PA      | $348136.60    | 0.07%             | 2025-11-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| VASA TRUST 2021-VASA                                                          | VASA TRUST VASA 2021 VASA A 144A                        | CUSIP: 92230AAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $489843.05    | 0.10%             | 2039-07-15      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| GSAMP TRUST 2007-NC1                                                          | GSAMP TRUST GSAMP 2007 NC1 A2D                          | CUSIP: 3622MGAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    322944 | PA      | $160305.73    | 0.03%             | 2046-12-25      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                                         | CROWN CASTLE INC CROWN CASTLE INC                       | CUSIP: 22822VBD2<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2806713.37   | 0.56%             | 2029-06-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                 | BOEING CO SR UNSECURED 05/40 5.705                      | CUSIP: 097023CV5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    300000 | PA      | $306294.89    | 0.06%             | 2040-05-01      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| ASSURED GUARANTY US HOLDINGS INC                                              | ASSURED GUARANTY US HLDG COMPANY GUAR 09/28 6.125       | CUSIP: 04621WAF7<br>LEI: 5493007YCE0652G9TZ64 | Long             | DBT              | CORP              | US        |    200000 | PA      | $210455.00    | 0.04%             | 2028-09-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| MASTR ADJUSTABLE RATE MTGES TRU 2004-15                                       | MASTR ADJUSTABLE RATE MORTGAGE MARM 2004 15 7A1         | CUSIP: 576433VS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     56052 | PA      | $55098.81     | 0.01%             | 2034-11-25      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2006-NC5                                         | MORGAN STANLEY CAPITAL INC MSAC 2006 NC5 A2C            | CUSIP: 61749BAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500604 | PA      | $783474.21    | 0.16%             | 2036-10-25      | Floating      | 4.42%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS COMPANY LLC                                                 | VISTRA OPERATIONS CO LLC SR SECURED 144A 10/33 6.95     | CUSIP: 92840VAQ5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1307000 | PA      | $1458742.70   | 0.29%             | 2033-10-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                  | BROADCOM INC SR UNSECURED 11/31 5.15                    | CUSIP: 11135FBY6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103935.13    | 0.02%             | 2031-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR USD SOFR/3.70000 12/31/25-9Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-25497.94    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS FINANCE NETHERLANDS BV                                   | TEVA PHARMACEUTICALS NE COMPANY GUAR 10/26 3.15         | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    707000 | PA      | $695032.26    | 0.14%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | STELLANTIS NV SNR SE ICE                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | NL        |         1 | NC      | $-160475.78   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| PIMCO FUNDS                                                                   | PIMCO PRV SHORT TERM FLT III MUTUAL FUND                | CUSIP: 000000000<br>LEI: LWVQWTQCFH3YG7CVH718 | Long             | STIV             | RF                | US        |   2869214 | PA      | $27943273.54  | 5.62%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                           | 317UAEOA3 PIMCO SWAPTION 3.625 PUT USD 2025101          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -700000 | NC      | $-4269.37     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD GBP BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |         1 | NC      | $6815.08      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD GBP BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |         1 | NC      | $11190.46     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERNATIONAL DISTRIBUTION SERVICES PLC                                       | INT DISTRIBUTION SERV COMPANY GUAR REGS 09/30 7.375     | CUSIP: ACI2JQ0Q6<br>LEI: 213800TCZZU84G8Z2M70 | Long             | DBT              | CORP              | GB        |    900000 | PA      | $1298415.35   | 0.26%             | 2030-09-14      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT GBP SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |         1 | NC      | $89163.01     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                          | EDISON INTERNATIONAL SR UNSECURED 11/29 6.95            | CUSIP: 281020AW7<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    100000 | PA      | $106183.88    | 0.02%             | 2029-11-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| PERU GOVT                                                                     | REPUBLIC OF PERU SR UNSECURED 144A 08/32 6.15           | CUSIP: 715638BY7<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    709000 | PA      | $216476.72    | 0.04%             | 2032-08-12      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | LANXESS AKTIENGESELLSCHAFT SNR SE ICE                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | DE        |         1 | NC      | $6819.41      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD CNH BOUGHT USD 20251016                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |         1 | NC      | $176.74       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2020-1 CLASS A PASS THROUGH TRUST                             | UNITED AIR 2020 1 A PTT PASS THRU CE 04/29 5.875        | CUSIP: 90931GAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     36878 | PA      | $37934.29     | 0.01%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT GBP SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |         1 | NC      | $-33555.50    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD JPY BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $-418.59      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | KB HOME SNR S* ICE                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $-509135.67   | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| CARNIVAL CORPORATION                                                          | CARNIVAL CORP COMPANY GUAR 144A 08/32 5.75              | CUSIP: 143658CA8<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   2200000 | PA      | $2241641.60   | 0.45%             | 2032-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NEWFOLD DIGITAL HOLDINGS GROUP INC                                            | NEWFOLD DIGITAL HLDGS GR SR SECURED 144A 10/28 11.75    | CUSIP: 650929AA0<br>LEI: 549300UTQC2651SB0W88 | Long             | DBT              | CORP              | US        |    500000 | PA      | $355000.00    | 0.07%             | 2028-10-15      | Fixed         | 11.75%                | No            |                  3 | On Loan: No      |
| N/A                                                                           | 317UADXA5 PIMCO SWAPTION 3.385 CALL USD 202510          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -900000 | NC      | $-190.08      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | PEMEX LCDS SP DUB                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $4524.15      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| N/A                                                                           | SOLD MXN BOUGHT USD 20251217                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | MX        |         1 | NC      | $-2953.45     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD ZAR BOUGHT USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |         1 | NC      | $-2480.14     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ALTICE FRANCE                                                                 | ALTICE FRANCE SA SR SECURED 144A 07/29 5.125            | CUSIP: 02156LAF8<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   1060000 | PA      | $910593.00    | 0.18%             | 2029-07-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| VIPER ENERGY PARTNERS LLC                                                     | VIPER ENERGY PARTNERS LL COMPANY GUAR 08/30 4.9         | CUSIP: 92764MAA2<br>LEI: 54930010ZZ02MRGRI973 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100824.66    | 0.02%             | 2030-08-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| GARTNER INC                                                                   | GARTNER INC COMPANY GUAR 144A 10/30 3.75                | CUSIP: 366651AE7<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |   3400000 | PA      | $3211837.71   | 0.65%             | 2030-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| JAPAN GOVT                                                                    | JAPAN (30 YEAR ISSUE) BONDS 03/55 2.4                   | CUSIP: ACI2W94G7<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |  10000000 | PA      | $58924.16     | 0.01%             | 2055-03-20      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| ANTARES HOLDINGS LP                                                           | ANTARES HOLDINGS SR UNSECURED 144A 07/27 3.75           | CUSIP: 03666HAE1<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | US        |    250000 | PA      | $243141.67    | 0.05%             | 2027-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                    | FISERV INC SR UNSECURED 07/29 3.5                       | CUSIP: 337738AU2<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2138674.69   | 0.43%             | 2029-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD                                                                    | GOEASY LTD GOEASY LTD                                   | CUSIP: 380355AH0<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |   3300000 | PA      | $3446470.50   | 0.69%             | 2028-12-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                         | FED HM LN PC POOL SD3587 FR 08/53 FIXED 5               | CUSIP: 3132DQ6Y7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    355346 | PA      | $355201.35    | 0.07%             | 2053-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WOODSIDE FINANCE LIMITED                                                      | WOODSIDE FINANCE LTD COMPANY GUAR 05/35 6               | CUSIP: 980236AV5<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | AU        |    200000 | PA      | $208873.39    | 0.04%             | 2035-05-19      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| EP INFRASTRUCTURE AS                                                          | EP INFRASTRUCTURE AS SR UNSECURED REGS 07/26 1.698      | CUSIP: ACI1DH191<br>LEI: 315700I4J1M1NKGWWY89 | Long             | DBT              | CORP              | CZ        |    800000 | PA      | $933013.95    | 0.19%             | 2026-07-30      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                      | CONSTELLATION BRANDS INC SR UNSECURED 08/31 2.25        | CUSIP: 21036PBH0<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1587377.27   | 0.32%             | 2031-08-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL ACCREDIT LOANS 2006-QS12                                          | RESIDENTIAL ACCREDIT LOANS, IN RALI 2005 QS12 A8        | CUSIP: 761118DV7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    285315 | PA      | $229870.00    | 0.05%             | 2035-08-25      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | WHIRLPOOL CORPORATION SNR S* ICE                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $204531.03    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| FAIRFAX FINANCIAL HOLDINGS LIMITED                                            | FAIRFAX FINL HLDGS LTD SR UNSECURED 12/33 6             | CUSIP: 303901BN1<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |     50000 | PA      | $53281.41     | 0.01%             | 2033-12-07      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE HOME LOANS 2007-9                                                 | COUNTRYWIDE HOME LOANS CWHL 2007 9 A13                  | CUSIP: 12544XAX3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     83215 | PA      | $38917.16     | 0.01%             | 2037-07-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                                          | JPMORGAN CHASE + CO SR UNSECURED 05/28 VAR              | CUSIP: 46647PAF3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5949835.14   | 1.20%             | 2028-05-01      | Floating      | 3.54%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR USD SOFR/3.90750 03/04/25-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-5911.33     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BBVA BANCOMER SA/TAXAS BRANCH                                                 | BBVA BANCOMER SA TEXAS SUBORDINATED REGS 09/34 VAR      | CUSIP: P16259AN6<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |   1900000 | PA      | $1905340.90   | 0.38%             | 2034-09-13      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                  | UBS GROUP AG SR UNSECURED 144A 11/33 VAR                | CUSIP: 225401BB3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   1900000 | PA      | $2381308.30   | 0.48%             | 2033-11-15      | Floating      | 9.02%                 | No            |                  2 | On Loan: No      |
| BGC GROUP INC                                                                 | BGC GROUP INC SR UNSECURED 12/25 4.375                  | CUSIP: 088929AB0<br>LEI: 2549001IGRCG4F0RLD36 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99880.14     | 0.02%             | 2025-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MERRILL LYNCH ALTERNATIVE NT 2007-A2                                          | MERRILL LYNCH ALTERNATIVE NOTE MANA 2007 A2 A3A         | CUSIP: 59024FAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1728188 | PA      | $406463.43    | 0.08%             | 2037-03-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| PERU GOVT                                                                     | REPUBLIC OF PERU SR UNSECURED REGS 08/32 6.15           | CUSIP: P78024AF6<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    400000 | PA      | $122130.73    | 0.02%             | 2032-08-12      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                       | HCA INC DISC COML PAPER 4/A2 Y 10/25 ZCP                | CUSIP: 40412BXF5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1696740.59   | 0.34%             | 2025-10-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                              | WELLTOWER OP LLC COMPANY GUAR 12/34 4.5                 | CUSIP: 42217KBE5<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1371865.97   | 0.28%             | 2034-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS COMPANY                                                        | GENERAL MOTORS CO SR UNSECURED 10/27 6.8                | CUSIP: 37045VAU4<br>LEI: 54930070NSV60J38I987 | Short            | DBT              | CORP              | US        |  -1600000 | PA      | $-1669600.85  | -0.34%            | 2027-10-01      | Fixed         | 6.80%                 | Yes           |                  2 | On Loan: No      |
| MARS INCORPORATED                                                             | MARS INC SR UNSECURED 144A 03/30 4.8                    | CUSIP: 571676AY1<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    600000 | PA      | $611486.00    | 0.12%             | 2030-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                                     | BLOCK INC SR UNSECURED 144A 08/30 5.625                 | CUSIP: 852234AT0<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    650000 | PA      | $659040.20    | 0.13%             | 2030-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | ZCS BRL 12.03 07/01/24-01/04/27 CME                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | BR        |         1 | NC      | $-115870.72   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| HSI ASSET SECURI CORP TRUS 2005-I1                                            | HSI ASSET SECURITIZATION CORPO HASC 2005 I1 2A4         | CUSIP: 40430HCN6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    515894 | PA      | $483083.43    | 0.10%             | 2035-11-25      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD JPY BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $-595.62      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                 | FORD MOTOR CREDIT CO LLC SR UNSECURED 01/26 4.389       | CUSIP: 345397XU2<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1799493.28   | 0.36%             | 2026-01-08      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET INVESTMENT LOAN TRUST 2004-11 2004-11                        | STRUCTURED ASSET INVESTMENT LO SAIL 2004 11 M4          | CUSIP: 86358EPT7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1102403 | PA      | $926322.33    | 0.19%             | 2035-01-25      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                                      | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/30 6.75     | CUSIP: ACI30CTL5<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |     29754 | PA      | $483.50       | 0.00%             | 2030-12-28      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                                               | CIGNA GROUP/THE SR UNSECURED 01/36 5.25                 | CUSIP: 125523CZ1<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202627.26    | 0.04%             | 2036-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD CNH BOUGHT USD 20251016                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |         1 | NC      | $471.72       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | T-MOBILE USA INC SNR S* ICE                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $12500.27     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SLM CORP (SALLIE MAE)                                                         | SLM CORP SR UNSECURED 11/26 3.125                       | CUSIP: 78442PGE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2353188.96   | 0.47%             | 2026-11-02      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD CNH BOUGHT USD 20251016                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |         1 | NC      | $612.40       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | MORGAN STANLEY SNR S* ICE                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $1379.95      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | LENNAR CORPORATION SNR S* ICE                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $-337074.13   | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                                                        | BROOKFIELD FINANCE INC COMPANY GUAR 01/36 5.33          | CUSIP: 11271LAQ5<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $100566.63    | 0.02%             | 2036-01-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| THAMES WATER SUPER SENIOR ISSUER PLC                                          | THAMES WATER SUPER SEN SR SECURED 144A 10/27 9.75       | CUSIP: ACI2YYK31<br>LEI: 635400LBEYCV7F4FC741 | Long             | DBT              | CORP              | GB        |      9324 | PA      | $13909.76     | 0.00%             | 2027-10-10      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| RGA GLOBAL FUNDING                                                            | RGA GLOBAL FUNDING SECURED 144A 01/31 5.5               | CUSIP: 76209PAD5<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104430.96    | 0.02%             | 2031-01-11      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STRYKER CORPORATION                                                           | STRYKER CORP SR UNSECURED 12/31 1                       | CUSIP: ACI1H31X5<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1661612.11   | 0.33%             | 2031-12-03      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                                            | VIKING CRUISES LTD SR UNSECURED 144A 10/33 5.875        | CUSIP: 92676XAH0<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |   1100000 | PA      | $1102146.96   | 0.22%             | 2033-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                                     | BLOCK INC SR UNSECURED 06/31 3.5                        | CUSIP: 852234AP8<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2421725.02   | 0.49%             | 2031-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                  | UBS GROUP AG SR UNSECURED 144A 08/33 VAR                | CUSIP: 225401AZ1<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    600000 | PA      | $662060.69    | 0.13%             | 2033-08-12      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317UAM1A0 PIMCO SWAPTION 3.85 PUT USD 20251027          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -700000 | NC      | $-1189.37     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUEMINES LNG LLC                                            | VENTURE GLOBAL PLAQUE SR SECURED 144A 01/34 6.5         | CUSIP: 922966AC0<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    200000 | PA      | $210656.48    | 0.04%             | 2034-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT TRY SOLD USD 20251023                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |         1 | NC      | $20486.56     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| U C B SA                                                                      | UCB SA SR UNSECURED 11/29 5.2                           | CUSIP: BN48B2II3<br>LEI: 2138008J191VLSGY5A09 | Long             | DBT              | CORP              | BE        |    900000 | PA      | $1132126.38   | 0.23%             | 2029-11-21      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| SG MORTGAGE SECURITIES TRUST 2006-FRE1                                        | SG MORTGAGE SECURITIES TRUST SGMS 2006 FRE1 A2B         | CUSIP: 81879MAV1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    948005 | PA      | $466374.76    | 0.09%             | 2036-02-25      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD PEN BOUGHT USD 20251114                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |         1 | NC      | $-16807.93    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR USD SOFR/3.90144 03/18/25-10Y* LCH                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-7818.31     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                                   | ROYAL CARIBBEAN CRUISES SR UNSECURED 144A 04/28 5.5     | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   1400000 | PA      | $1427529.50   | 0.29%             | 2028-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR GBP SONIO/4.50000 09/17/25-30Y LCH                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | GB        |         1 | NC      | $10863.61     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC/CHARTER COMMUNICATIONS OPERATING CAPITAL | CHARTER COMM OPT LLC/CAP SR SECURED 12/35 5.85          | CUSIP: 161175CS1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $151489.41    | 0.03%             | 2035-12-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL FUNDING MTG SEC I 2006-S10                                        | RESIDENTIAL FUNDING MTG SEC I RFMSI 2006 S10 1A4        | CUSIP: 74958DAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     10750 | PA      | $8610.81      | 0.00%             | 2036-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                       | HCA INC DISC COML PAPER 4/A2 Y 10/25 ZCP                | CUSIP: 40412BXQ1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1794456.00   | 0.36%             | 2025-10-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ALTERNATIVE LN TR 2005-46CB                                       | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2005 46CB A10      | CUSIP: 12667G7D9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    118768 | PA      | $81157.33     | 0.02%             | 2035-10-25      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                                              | OCCIDENTAL PETROLEUM COR OCCIDENTAL PETROLEUM COR       | CUSIP: 674599EH4<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101168.50    | 0.02%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP LLC                                                    | AVIATION CAPITAL GROUP SR UNSECURED 144A 11/27 3.5      | CUSIP: 05369AAA9<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |   1986000 | PA      | $1951760.55   | 0.39%             | 2027-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LADDER CAPITAL FINANCE HOLDINGS LLLP / LADDER CAPITAL FINANCE CORP            | LADDER CAP FIN LLLP/CORP COMPANY GUAR 08/30 5.5         | CUSIP: 505742AS5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $510227.50    | 0.10%             | 2030-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OPERATING PARTNERSHIP LP                                     | INVITATION HOMES OP COMPANY GUAR 08/33 5.5              | CUSIP: 46188BAF9<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2391707.26   | 0.48%             | 2033-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD PEN BOUGHT USD 20251217                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |         1 | NC      | $-15474.89    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ANGLIAN WATER (OSPREY) FINANCING PLC                                          | ANGLIAN WATER OSPREY FIN SR SECURED REGS 03/26 4        | CUSIP: ACI0Z8J58<br>LEI: 21380072JDZ74GW9ZY87 | Long             | DBT              | CORP              | GB        |   1300000 | PA      | $1741804.80   | 0.35%             | 2026-03-08      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT CHF SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CH        |         1 | NC      | $31.56        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CPI PROPERTY GROUP SA                                                         | CPI PROPERTY GROUP SA SR UNSECURED REGS 01/32 6         | CUSIP: ACI2R8723<br>LEI: 222100CO2ZOTEPGJO223 | Long             | DBT              | CORP              | LU        |   1600000 | PA      | $1924471.72   | 0.39%             | 2032-01-27      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD EUR BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $-241614.13   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| CREDIT SUISSE MRTG CAPITAL CERT 2006-6                                        | CREDIT SUISSE MORTGAGE TRUST CSMC 2006 6 1A3            | CUSIP: 22942JAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    416885 | PA      | $188962.01    | 0.04%             | 2036-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ROCKET MORTGAGE LLC / ROCKET MORTGAGE CO-ISSUER INC                           | ROCKETMTGE CO ISSUER INC COMPANY GUAR 144A 10/26 2.875  | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1764592.43   | 0.36%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| BANC OF AMERICA FUNDING CORP 2007-8                                           | BANC OF AMERICA FUNDING CORPOR BAFC 2007 8 2A1          | CUSIP: 05953LAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    102105 | PA      | $73730.88     | 0.01%             | 2037-10-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOBAL FUNDING                                                     | COREBRIDGE GLOB FUNDING SECURED 144A 01/28 4.9          | CUSIP: 00138CBD9<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101735.61    | 0.02%             | 2028-01-07      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS FINANCE NETHERLANDS BV                                   | TEVA PHARMACEUTICALS NE COMPANY GUAR 09/31 8.125        | CUSIP: 88167AAR2<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    800000 | PA      | $915694.40    | 0.18%             | 2031-09-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                                                        | MARVELL TECHNOLOGY INC SR UNSECURED 02/29 5.75          | CUSIP: 573874AP9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $73051.76     | 0.01%             | 2029-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD PEN BOUGHT USD 20251105                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |         1 | NC      | $-5287.63     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GRIFOLS SA                                                                    | GRIFOLS SA SR SECURED REGS 05/30 7.5                    | CUSIP: ACI2NXCB6<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |    500000 | PA      | $620208.52    | 0.12%             | 2030-05-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| FLORA FOOD MANAGEMENT BV                                                      | FLORA FOOD MANAGEMENT BV SR SECURED 144A 07/29 6.875    | CUSIP: ACI2PNX49<br>LEI: 2549002VGA888UKFKS25 | Long             | DBT              | CORP              | NL        |   1500000 | PA      | $1764007.38   | 0.35%             | 2029-07-02      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                                 | FORD MOTOR CREDIT CO LLC SR UNSECURED 11/25 3.375       | CUSIP: 345397B28<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    800000 | PA      | $798559.71    | 0.16%             | 2025-11-13      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                                      | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/28 6.25     | CUSIP: ACI30CR29<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |     14877 | PA      | $338.45       | 0.00%             | 2028-12-28      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL ACCREDIT LOANS 2005-QA7                                           | RESIDENTIAL ACCREDIT LOANS, IN RALI 2005 QA7 A22        | CUSIP: 76110H7D5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     12818 | PA      | $11833.46     | 0.00%             | 2035-07-25      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BARCLAYS REV REPO EUR                                   | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | GB        |   -475780 | PA      | $-558943.74   | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| BIOGROUP (CAB SELAS)                                                          | CAB SR SECURED REGS 02/28 3.375                         | CUSIP: ACI1VH241<br>LEI: 9695008EGX5O9K1MS743 | Long             | DBT              | CORP              | FR        |   1323000 | PA      | $1460688.32   | 0.29%             | 2028-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                          | FNMA POOL CB4313 FN 08/52 FIXED 4.5                     | CUSIP: 3140QPYK7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    860729 | PA      | $839292.64    | 0.17%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                          | FNMA POOL CB4130 FN 07/52 FIXED 4.5                     | CUSIP: 3140QPSU2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    881499 | PA      | $859636.76    | 0.17%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                            | ALLY FINANCIAL INC SR UNSECURED 06/27 4.75              | CUSIP: 02005NBQ2<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1508488.62   | 0.30%             | 2027-06-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                                      | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/27 0.00000  | CUSIP: ACI30CNZ0<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |     12366 | PA      | $293.69       | 0.00%             | 2027-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD PEN BOUGHT USD 20260126                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |         1 | NC      | $-6950.87     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / GLP FINANCING II INC                                         | GLP CAPITAL LP / FIN II COMPANY GUAR 11/37 5.75         | CUSIP: 361841AW9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $198764.52    | 0.04%             | 2037-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| EP INFRASTRUCTURE AS                                                          | EP INFRASTRUCTURE AS SR UNSECURED REGS 03/31 1.816      | CUSIP: ACI1W2BN1<br>LEI: 315700I4J1M1NKGWWY89 | Long             | DBT              | CORP              | CZ        |    100000 | PA      | $106044.61    | 0.02%             | 2031-03-02      | Fixed         | 1.82%                 | No            |                  2 | On Loan: No      |
| CHEPLAPHARM ARZNEIMITTEL GMBH                                                 | CHEPLAPHARM ARZNEIMITTEL SR SECURED 144A 06/31 7.125    | CUSIP: ACI2Y4GV0<br>LEI: 529900ONXKBELT7EW052 | Long             | DBT              | CORP              | DE        |   1200000 | PA      | $1447041.64   | 0.29%             | 2031-06-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| BRAZIL GOVT                                                                   | NOTA DO TESOURO NACIONAL NOTES 08/60 6                  | CUSIP: ACI282QD2<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   2274114 | PA      | $367300.52    | 0.07%             | 2060-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINANCIAL GROUP INC                                           | SUMITOMO MITSUI FINL GRP SR UNSECURED 01/35 5.632       | CUSIP: 86562MDU1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    800000 | PA      | $849279.37    | 0.17%             | 2035-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | US 10YR FUT OPTN  NOV25C 113.5 EXP 10/24/2025           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -15 | NC      | $-3213.57     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BOSTON SCIENTIFIC CORPORATION                                                 | BOSTON SCIENTIFIC CORP SR UNSECURED 06/30 2.65          | CUSIP: 101137BA4<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | DBT              | CORP              | US        |   3641000 | PA      | $3406842.70   | 0.69%             | 2030-06-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | EURO-BUND FUTURE  DEC25 XEUR 20251208                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | DE        |         3 | NC      | $2673.52      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BEIGNET INVESTOR LLC                                                          | PROJECT BEIGNET SR SEC 144A PROJECT BEIGNET SR SEC 144A | CUSIP: 990AAXQG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5000000.00   | 1.01%             | 2049-06-01      | Fixed         | 6.85%                 | No            |                  3 | On Loan: No      |
| AMERICAN AIRLINES 2014-1 CLASS A PASS THROUGH TRUST                           | AMER AIRLN 14 1 A PTT PASS THRU CE 04/28 3.7            | CUSIP: 02377AAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     92123 | PA      | $91598.63     | 0.02%             | 2028-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                                      | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/32 7.25     | CUSIP: ACI30CNV9<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |     41339 | PA      | $630.42       | 0.00%             | 2032-12-28      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ASSET BACKED SECURITIES TRUST 2005-AC9                           | BEAR STEARNS ASSET BACKED SECU BSABS 2005 AC9 A3        | CUSIP: 0738794G0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    228851 | PA      | $108134.36    | 0.02%             | 2035-12-25      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                         | ATHENE GLOBAL FUNDING ATHENE GLOBAL FUNDING             | CUSIP: 04685A3Q2<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    400000 | PA      | $413596.59    | 0.08%             | 2029-01-09      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| GARTNER INC                                                                   | GARTNER INC COMPANY GUAR 144A 06/29 3.625               | CUSIP: 366651AG2<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |   1223000 | PA      | $1172090.95   | 0.24%             | 2029-06-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLDINGS LLC                                                 | FREEDOM MORTGAGE HOLD SR UNSECURED 144A 04/33 7.875     | CUSIP: 35641AAD0<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1134146.20   | 0.23%             | 2033-04-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                            | ORACLE CORPORATION 11/25 ZCP                            | CUSIP: 6840C2YK5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1292374.59   | 0.26%             | 2025-11-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| JAPAN GOVT                                                                    | JAPAN (40 YEAR ISSUE) BONDS 03/64 2.2                   | CUSIP: ACI2P7MX2<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |  78000000 | PA      | $404417.49    | 0.08%             | 2064-03-20      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| MODULAIRE (BCP V MODULAR SERVICES HOLDINGS IV LIMITED)                        | BCP V MODULAR SRV HLDNG IV LTD 2025 EUR TERM LOAN       | CUSIP: BA000LLH0<br>LEI: 549300C6IE8LNURFZG55 | Long             | LON              | CORP              | GB        |   1000000 | PA      | $1116263.89   | 0.22%             | 2031-07-10      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT JPY SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $-48.87       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                         | FED HM LN PC POOL QE1435 FR 05/52 FIXED 3               | CUSIP: 3133BASY8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    174177 | PA      | $153477.47    | 0.03%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BEAZER HOMES USA INC SNR S* ICE                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $-289699.89   | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                                      | KAISA GROUP HOLDINGS LTD 12/28 0                        | CUSIP: ACI30CWY3<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |     19836 | PA      | $471.11       | 0.00%             | 2028-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PMT LOAN TRUST 2025-J2                                                        | PMT LOAN TRUST PMTLT 2025 J2 A11 144A                   | CUSIP: 69392TAL1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    247674 | PA      | $248371.77    | 0.05%             | 2056-08-25      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | AT&T INC SNR S* ICE                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $1135.20      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PERU GOVT                                                                     | REPUBLIC OF PERU SR UNSECURED REGS 08/31 6.95           | CUSIP: 715638BE1<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |   1673000 | PA      | $533699.55    | 0.11%             | 2031-08-12      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| CHASE MORTGAGE FINANCE CORP 2006-A1                                           | CHASE MORTGAGE FINANCE CORPORA CHASE 2006 A1 2A3        | CUSIP: 16163CAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     43856 | PA      | $39297.68     | 0.01%             | 2036-09-25      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD CNH BOUGHT USD 20251016                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |         1 | NC      | $589.07       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| WILLIAMS COS INC                                                              | WILLIAMS COMPANIES INC SR UNSECURED 03/34 5.15          | CUSIP: 88339WAC0<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2437696.54   | 0.49%             | 2034-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT ZAR SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |         1 | NC      | $33.48        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | US 10YR NOTE (CBT)DEC25 XCBT 20251219                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       533 | NC      | $-223185.55   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                              | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 07/30 4.55          | CUSIP: 694308JM0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    400000 | PA      | $397382.71    | 0.08%             | 2030-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| ASSET BACKED FUNDING CERT 2004-FF1                                            | ASSET BACKED FUNDING CERTIFICA ABFC 2004 FF1 M1         | CUSIP: 04542BHM7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    356722 | PA      | $349949.46    | 0.07%             | 2034-03-25      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317UA9TA9 PIMCO SWAPTION 2.85 PUT EUR 20251002          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -700000 | NC      | $-0.66        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HEATHROW FUNDING LIMITED                                                      | HEATHROW FUNDING LTD SR SECURED REGS 12/33 6.45         | CUSIP: B3CPY8II2<br>LEI: 7TI96JO3DYEIQWZ7Z726 | Long             | DBT              | CORP              | JE        |    100000 | PA      | $143441.42    | 0.03%             | 2033-12-10      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317U95CA7 PIMCO SWAPTION 2.5 CALL USD 20260429          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |  17300000 | NC      | $20843.04     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SIXTH STREET LENDING PARTNERS                                                 | SIXTH STREET LENDING PAR SR UNSECURED 144A 07/30 6.125  | CUSIP: 829932AE2<br>LEI: 549300S9P1HMDERGCR64 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2792686.79   | 0.56%             | 2030-07-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                         | FED HM LN PC POOL SD8299 FR 02/53 FIXED 5               | CUSIP: 3132DWGG2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    862582 | PA      | $859954.72    | 0.17%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                         | FED HM LN PC POOL RA8521 FR 02/53 FIXED 5               | CUSIP: 3133KQPE0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    622295 | PA      | $620206.91    | 0.12%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATING COMPANY INC                                         | HILTON DOMESTIC OPERATIN COMPANY GUAR 144A 09/33 5.75   | CUSIP: 432833AS0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1115482.50   | 0.22%             | 2033-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                                                                   | CITIBANK NA CITIBANK NA                                 | CUSIP: 17325FBG2<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |    250000 | PA      | $265068.00    | 0.05%             | 2034-04-30      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| AUTONATION INC                                                                | AUTONATION, INC                                         | CUSIP: 05330LX81<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1198731.12   | 0.24%             | 2025-10-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                     | ONEOK INC COMPANY GUAR 11/26 5.55                       | CUSIP: 682680BH5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1519472.31   | 0.31%             | 2026-11-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD ZAR BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |         1 | NC      | $-252.38      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                            | ORACLE CORPORATION 01/26 ZCP                            | CUSIP: 6840C3AG8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    800000 | PA      | $790124.80    | 0.16%             | 2026-01-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORPORATION                                                      | ARES CAPITAL CORP SR UNSECURED 01/27 7                  | CUSIP: 04010LBE2<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    300000 | PA      | $308895.68    | 0.06%             | 2027-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT TRY SOLD USD 20251128                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |         1 | NC      | $430.75       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HANNON ARMSTRONG (HAT HOLDINGS I LLC / HAT HOLDINGS II LLC)                   | HAT HOLDINGS I LLC/HAT COMPANY GUAR 144A 06/26 3.375    | CUSIP: 418751AE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    279000 | PA      | $276335.93    | 0.06%             | 2026-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD CAD BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |         1 | NC      | $7335.45      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ALGONQUIN POWER & UTILITIES CORP                                              | ALGONQUIN PWR + UTILITY SR UNSECURED 06/26 VAR          | CUSIP: 015857AF2<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |    400000 | PA      | $402966.80    | 0.08%             | 2026-06-15      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | US 10YR FUT OPTN  NOV25P 111 EXP 10/24/2025             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -15 | NC      | $-1671.95     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SW (FINANCE) I PLC                                                            | SW (FINANCE) I PLC SR SECURED REGS 05/28 2.375          | CUSIP: ACI1ML5J6<br>LEI: 549300BHN1HB5BNG2R96 | Long             | DBT              | CORP              | GB        |   1900000 | PA      | $2341834.93   | 0.47%             | 2028-05-28      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| INDYMAC IMJA MORTGAGE LN TR 2007-A3                                           | INDYMAC IMJA MORTGAGE LOAN TRU IMJA 2007 A3 A1          | CUSIP: 456669AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    253690 | PA      | $99603.07     | 0.02%             | 2037-11-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                                           | INTESA SANPAOLO SPA 144A 11/33 7.2                      | CUSIP: 46115HCD7<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |   1300000 | PA      | $1482040.18   | 0.30%             | 2033-11-28      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                         | ATHENE GLOBAL FUNDING SECURED 144A 11/31 5.322          | CUSIP: 04685A4D0<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    600000 | PA      | $614403.74    | 0.12%             | 2031-11-13      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2006-HE8                                         | MORGAN STANLEY CAPITAL INC MSAC 2006 HE8 A2C            | CUSIP: 61750SAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    592346 | PA      | $260518.67    | 0.05%             | 2036-10-25      | Floating      | 4.41%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                                      | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/29 6.5      | CUSIP: ACI30CTX9<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |     24795 | PA      | $526.89       | 0.00%             | 2029-12-28      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ALTERNATIVE LN TR 2005-25T1                                       | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2005 25T1 A5       | CUSIP: 12667GRF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     85719 | PA      | $52207.55     | 0.01%             | 2035-07-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 3 MONTH SOFR FUT  MAR27 XCME 20270615                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       154 | NC      | $276578.88    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| TOPBUILD CORP                                                                 | TOPBUILD CORP COMPANY GUAR 144A 02/32 4.125             | CUSIP: 89055FAC7<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1032025.72   | 0.21%             | 2032-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                        | EXTRA SPACE STORAGE LP COMPANY GUAR 01/33 4.95          | CUSIP: 30225VAV9<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100642.15    | 0.02%             | 2033-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| HA SUSTAINABLE INFRASTRUCTURE CAPITAL INC                                     | A SUSTAINABLE INFRASTRUCTURE C 10/25 ZCP                | CUSIP: 40460JX10<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |    600000 | PA      | $599915.58    | 0.12%             | 2025-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                         | WELLS FARGO + COMPANY SR UNSECURED 03/28 VAR            | CUSIP: 95000U2V4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198240.86    | 0.04%             | 2028-03-24      | Floating      | 3.53%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ALTERNATIVE LN TR 2005-19CB                                       | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2005 19CB A1       | CUSIP: 12667GFZ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    226288 | PA      | $143235.64    | 0.03%             | 2035-06-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION ENERGY GENERATION LLC                                           | CONSTELLATION EN GEN LLC SR UNSECURED 01/34 6.125       | CUSIP: 210385AD2<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1960193.59   | 0.39%             | 2034-01-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | US ULTRA BOND CBT DEC25 XCBT 20251219                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |        -6 | NC      | $-18430.64    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ALTERNATIVE LOAN TR 2006-OA8                                      | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2006 OA8 2A3       | CUSIP: 02147CAF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     38249 | PA      | $42194.14     | 0.01%             | 2046-07-25      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MTGE LOAN TRUST INC 2007-2                                          | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2007 2 1A1          | CUSIP: 17310SAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     16037 | PA      | $16418.69     | 0.00%             | 2036-11-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT JPY SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $-14532.84    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PERMIAN RESOURCES OPERATING LLC                                               | PERMIAN RESOURC OPTG LLC COMPANY GUAR 144A 02/33 6.25   | CUSIP: 71424VAB6<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1732929.00   | 0.35%             | 2033-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY MORTGAGE LOAN TRUST 2007-1XS                                   | MORGAN STANLEY MORTGAGE LOAN T MSM 2007 1XS 1A1         | CUSIP: 61752JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    980735 | PA      | $321790.38    | 0.06%             | 2046-09-25      | Variable      | 6.46%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | IRS EUR 0.00000 03/17/23-30Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |         1 | NC      | $6544.30      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / GLP FINANCING II INC                                         | GLP CAPITAL LP / FIN II GLP CAPITAL LP / FIN II         | CUSIP: 361841AS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2493770.40   | 0.50%             | 2033-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR USD SOFR/3.88400 03/25/25-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-4460.95     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FIRST HORIZON ALT MTG SEC 2006-FA2                                            | FIRST HORIZON ALTERNATIVE MORT FHAMS 2006 FA2 1A5       | CUSIP: 32051G2Z7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5851 | PA      | $2192.82      | 0.00%             | 2036-05-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD GBP BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |         1 | NC      | $-66.78       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SEALED AIR CORPORATION                                                        | SEALED AIR CORP SR SECURED 144A 10/26 1.573             | CUSIP: 81211KAZ3<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1260063.71   | 0.25%             | 2026-10-15      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | TOLL BROTHERS FINANCE CORP SNR S* ICE                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $-27865.50    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2015-1 CLASS A PASS THROUGH TRUST                           | AMER AIRLN 15 1 A PTT PASS THRU CE 11/28 3.375          | CUSIP: 023770AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    149856 | PA      | $147499.33    | 0.03%             | 2028-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | REPO BANK AMERICA REPO                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |  67700000 | PA      | $67700000.00  | 13.62%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | REVERSE REPO JPM CHASE                                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -1343469 | PA      | $-1345282.65  | -0.27%            |  |  |  | No            |                  2 | On Loan: No      |
| EQUINIX EUROPE 2 FINANCING CORPORATION LLC                                    | EQUINIX EU 2 FINANCING C COMPANY GUAR 06/34 5.5         | CUSIP: 29390XAA2<br>LEI: 254900FSZR46BPMCKI50 | Long             | DBT              | CORP              | US        |   3100000 | PA      | $3219674.04   | 0.65%             | 2034-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CITADEL SECURITIES GLOBAL HOLDINGS LLC                                        | CITADEL SECURITIES GLOBA SR SECURED 144A 06/35 6.2      | CUSIP: 17289RAB2<br>LEI: 549300NV5RXBUS3X7L47 | Long             | DBT              | CORP              | US        |    250000 | PA      | $262808.02    | 0.05%             | 2035-06-18      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                                      | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/26 0.00000  | CUSIP: ACI30CQF1<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |      9918 | PA      | $272.75       | 0.00%             | 2026-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                                      | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/30 0.00000  | CUSIP: ACI30CRF0<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |     24795 | PA      | $588.88       | 0.00%             | 2030-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD CNH BOUGHT USD 20251016                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |         1 | NC      | $69.84        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| INTELSAT SA                                                                   | INTELSAT EMERGENCE SA COMMON STOCK                      | CUSIP: 000000000<br>LEI: 549300YV2L21F4K80V46 | Long             | EC               | CORP              | LU        |       937 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                                                           | MACYS RETAIL HOLDINGS LLC SNR S* ICE                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $81492.69     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                          | FNMA POOL FS3425 FN 09/52 FIXED VAR                     | CUSIP: 3140XJYX5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    874962 | PA      | $852651.02    | 0.17%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EPR PROPERTIES                                                                | EPR PROPERTIES COMPANY GUAR 06/27 4.5                   | CUSIP: 26884UAD1<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150152.12    | 0.03%             | 2027-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                                      | KAISA GROUP HOLDINGS LTD. 12/25 0                       | CUSIP: ACI30CNL1<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |      7407 | PA      | $222.21       | 0.00%             | 2025-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS CORP / JETBLUE LOYALTY LP                                     | JETBLUE AIRWAYS/LOYALTY SR SECURED 144A 09/31 9.875     | CUSIP: 476920AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1142017.88   | 0.23%             | 2031-09-20      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | IRS AUD 4.25000 03/19/25-5Y LCH                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | AU        |         1 | NC      | $170567.39    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| RESIDENTIAL ACCREDIT LOANS 2004-QA6                                           | RESIDENTIAL ACCREDIT LOANS, IN RALI 2004 QA6 CB1        | CUSIP: 76110HG94<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    214355 | PA      | $70804.59     | 0.01%             | 2034-12-26      | Floating      | 4.06%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE ALT-A SECURITIES INC 2007-OA1                                        | DEUTSCHE ALT A SECURITIES INC DBALT 2007 OA1 A1         | CUSIP: 25151VAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1563724 | PA      | $883196.43    | 0.18%             | 2047-02-25      | Floating      | 4.42%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA INC                                                    | SANTANDER HOLDINGS USA SR UNSECURED 03/29 VAR           | CUSIP: 80282KBN5<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101948.75    | 0.02%             | 2029-03-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MILITARY HOUSING BONDS RESEC TRUST 2015-R1                        | FREDDIE MAC MILITARY HOUSING B FMMHR 2015 R1 D1 144A    | CUSIP: 35563CAH1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    350082 | PA      | $232395.56    | 0.05%             | 2055-11-25      | Floating      | 6.15%                 | No            |                  3 | On Loan: No      |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS IV BV                                 | TEVA PHARM FIN IV COMPANY GUAR 12/30 5.75               | CUSIP: 881937AA4<br>LEI: 549300GKSD1RG56QRY33 | Long             | DBT              | CORP              | NL        |    700000 | PA      | $721611.80    | 0.15%             | 2030-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LUX 2023-LION                                                                 | LUX 2023 LION LUX 2023 LION A 144A                      | CUSIP: 55067LAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $506539.80    | 0.10%             | 2040-08-15      | Floating      | 6.84%                 | No            |                  2 | On Loan: No      |
| LAZARD GROUP LLC                                                              | LAZARD GROUP LLC SR UNSECURED 03/31 6                   | CUSIP: 52107QAL9<br>LEI: FI94J2CJ1D7BIGVMS874 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105739.89    | 0.02%             | 2031-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | JAGUAR LAND ROVER AUTOMOTIVE  SNR SE ICE                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | GB        |         1 | NC      | $-358210.48   | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | AT&T INC SNR S* ICE                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $6323.70      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317UAALA4 PIMCO SWAPTION 3.575 CALL USD 202510          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -700000 | NC      | $-256.76      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ACE SECURITIES CORP 2006-SD2                                                  | ACE SECURITIES CORP. ACE 2006 SD2 M1                    | CUSIP: 00442MAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    445623 | PA      | $340590.40    | 0.07%             | 2045-12-25      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                          | FNMA POOL FS6048 FN 02/53 FIXED VAR                     | CUSIP: 3140XMWJ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    249550 | PA      | $248828.43    | 0.05%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CANARY WHARF GROUP INVESTMENT HOLDINGS PLC                                    | CANARY WHARF GROUP SR SECURED REGS 04/26 1.75           | CUSIP: ACI1WVCW6<br>LEI: 2138002C1D5FMEDILF18 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $1164548.92   | 0.23%             | 2026-04-07      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CSMC 2021-RPL2 TRUST                                                          | CREDIT SUISSE MORTGAGE TRUST CSMC 2021 RPL2 A1 144A     | CUSIP: 12656TAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    589826 | PA      | $523252.93    | 0.11%             | 2060-01-25      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMENT INC                                                 | LIVE NATION ENTERTAINMEN SR SECURED 144A 01/28 3.75     | CUSIP: 538034AX7<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2347576.32   | 0.47%             | 2028-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MODULAIRE (BCP V MODULAR SERVICES FINANCE II PLC)                             | BCP MODULAR SERVICES SR SECURED 144A 11/28 4.75         | CUSIP: ACI210SV1<br>LEI: 213800227GGD6UI7PI97 | Long             | DBT              | CORP              | GB        |    600000 | PA      | $676667.48    | 0.14%             | 2028-11-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM GOVT                                                           | UNITED KINGDOM GILT BONDS REGS 07/54 4.375              | CUSIP: ACI2MLPN3<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |    603000 | PA      | $678972.08    | 0.14%             | 2054-07-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                                      | KAISA GROUP HOLDINGS LTD SR SECURED REGS 12/27 VAR      | CUSIP: ACI30CTV3<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |      9918 | PA      | $272.75       | 0.00%             | 2027-12-28      | Fixed         | 7.72%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                       | HYUNDAI CAPITAL AMERICA SR UNSECURED 144A 03/26 5.5     | CUSIP: 44891ACB1<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301558.87    | 0.06%             | 2026-03-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | ROLLS-ROYCE PLC SNR SE ICE                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | GB        |         1 | NC      | $1610.74      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| THAMES WATER UTILITIES LIMITED                                                | THAMES WATER UTIL LTD SR SECURED 144A 03/27 0.00000     | CUSIP: ACI2VX3Q4<br>LEI: 213800JKM5UQHFJOTZ25 | Long             | DBT              | CORP              | GB        |      6314 | PA      | $7345.37      | 0.00%             | 2027-03-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT AUD SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |         1 | NC      | $12721.59     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BEACON MOBILITY CORP                                                          | BEACON MOBILITY CORP SR SECURED 144A 08/30 7.25         | CUSIP: 073644AA4<br>LEI: 254900EBTYFG24UQEM31 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1560606.00   | 0.31%             | 2030-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                                                           | UNITED AIRLINES INC SR SECURED 144A 04/26 4.375         | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1199188.93   | 0.24%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | IRS AUD 4.00000 12/17/25-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | AU        |         1 | NC      | $-83910.38    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | TARGET CORPORATION SNR S* ICE                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $-114196.43   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                         | FED HM LN PC POOL RA7673 FR 07/52 FIXED 4.5             | CUSIP: 3133KPQ27<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    426186 | PA      | $415446.91    | 0.08%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317UAGAA3 PIMCO SWAPTION 2.75 PUT EUR 20251017          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -500000 | NC      | $-1119.69     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                  | UBS GROUP AG JR SUBORDINA 144A 12/99 VAR                | CUSIP: 902613AD0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   2000000 | PA      | $1822029.00   | 0.37%             | 2031-02-10      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD ZAR BOUGHT USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |         1 | NC      | $-6962.62     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                                           | INTESA SANPAOLO SPA SUBORDINATED 144A 06/42 VAR         | CUSIP: 46115HBS5<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    600000 | PA      | $507904.58    | 0.10%             | 2042-06-01      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | CONSTELLATION OIL D SHS WARRNT WARRYU9O1                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |         1 | NC      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ESSENT GROUP LTD                                                              | ESSENT GROUP LTD SR UNSECURED 07/29 6.25                | CUSIP: 29669JAA7<br>LEI: 254900QUO860OUT6ZF83 | Long             | DBT              | CORP              | BM        |    100000 | PA      | $104816.10    | 0.02%             | 2029-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD EUR BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $20911.42     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                 | BOEING CO SR UNSECURED 08/59 3.95                       | CUSIP: 097023CR4<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   2350000 | PA      | $1690298.39   | 0.34%             | 2059-08-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                                                      | KAISA GROUP HOLDINGS LTD SR SECURED REGS 11/27 5        | CUSIP: ACI30C5Q0<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |      1844 | PA      | $193.62       | 0.00%             | 2027-11-30      | Fixed         | 5.00%                 | No            |                  3 | On Loan: No      |
| TARGA RESOURCES CORP                                                          | TARGA RES CORP 10/25 ZCP                                | CUSIP: 87613EXH3<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1197338.64   | 0.24%             | 2025-10-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WEYERHAEUSER COMPANY                                                          | WEYERHAEUSER CO SR UNSECURED 04/30 4                    | CUSIP: 962166BY9<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1973323.10   | 0.40%             | 2030-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BGC GROUP INC                                                                 | BGC GROUP INC SR UNSECURED 06/29 6.6                    | CUSIP: 05555LAB7<br>LEI: 2549001IGRCG4F0RLD36 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104045.40    | 0.02%             | 2029-06-10      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | IRS EUR 3.00000 03/18/26-30Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |         1 | NC      | $-85301.17    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ALTERNATIVE LN TR 2005-J2                                         | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2005 J2 1A12       | CUSIP: 12667F6H3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    211068 | PA      | $162419.96    | 0.03%             | 2035-04-25      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                                           | INTESA SANPAOLO SPA 144A 06/33 6.625                    | CUSIP: 46115HBZ9<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |   1700000 | PA      | $1872093.01   | 0.38%             | 2033-06-20      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                          | FNMA POOL CB4820 FN 10/52 FIXED 4.5                     | CUSIP: 3140QQLA1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    880548 | PA      | $858436.03    | 0.17%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BDO USA PC (AKA: BDO USA PA)                                                  | BDO USA P C 2024 TERM LOAN A                            | CUSIP: BA000BL33<br>LEI: 549300HCLKYOUFB75R55 | Long             | LON              | CORP              | US        |   1254519 | PA      | $1265318.43   | 0.25%             | 2028-08-31      | Floating      | 9.22%                 | No            |                  3 | On Loan: No      |
| N/A                                                                           | BOUGHT MXN SOLD USD 20251217                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | MX        |         1 | NC      | $2370.76      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2006-NC4                                         | MORGAN STANLEY CAPITAL INC MSAC 2006 NC4 A2C            | CUSIP: 61748LAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    130577 | PA      | $114649.29    | 0.02%             | 2036-06-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| WARNER MUSIC (WMG ACQUISITION CORP)                                           | WMG ACQUISITION CORP SR SECURED 144A 12/29 3.75         | CUSIP: 92933BAT1<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1431921.00   | 0.29%             | 2029-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD ZAR BOUGHT USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |         1 | NC      | $-6805.66     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE BV                                                   | PETROBRAS GLOBAL FINANCE COMPANY GUAR 09/30 5.125       | CUSIP: 71647NBM0<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |   1100000 | PA      | $1088549.00   | 0.22%             | 2030-09-10      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| U C B SA                                                                      | UCB SA SR UNSECURED REGS 03/30 4.25                     | CUSIP: ACI2N9H24<br>LEI: 2138008J191VLSGY5A09 | Long             | DBT              | CORP              | BE        |    500000 | PA      | $607278.49    | 0.12%             | 2030-03-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | VERIZON COMMUNICATIONS INC SNR S* ICE                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $3533.40      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |         1 | NC      | $-6260.11     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | WHIRLPOOL CORPORATION SNR S* ICE                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $104894.78    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR USD SOFR/3.75000 09/02/25-7Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-99785.60    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317UABZA7 PIMCO SWAPTION 2.79 PUT EUR 20251006          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -400000 | NC      | $-78.29       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR USD SOFR/3.25000 06/18/25-5Y LCH                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $46550.22     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                                         | CROWN CASTLE 10/25 ZCP                                  | CUSIP: 22823PXP3<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2093792.61   | 0.42%             | 2025-10-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                                                              | KILROY REALTY LP COMPANY GUAR 02/30 3.05                | CUSIP: 49427RAP7<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $923584.58    | 0.19%             | 2030-02-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| FIRST HORIZON ALT MTG SEC 2005-AA6                                            | FIRST HORIZON ALTERNATIVE MORT FHAMS 2005 AA6 3A1       | CUSIP: 32051GQA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     48705 | PA      | $40256.28     | 0.01%             | 2035-08-25      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                        | DIAMONDBACK ENERGY INC DIAMONDBACK ENERGY INC           | CUSIP: 25278XAZ2<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2042504.34   | 0.41%             | 2034-04-18      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| NEW IMMO HOLDING SA                                                           | NEW IMMO HOLDING SA SR UNSECURED REGS 04/28 5.875       | CUSIP: ACI2NPVJ5<br>LEI: 5493007LOTJ0I8E94R81 | Long             | DBT              | CORP              | FR        |   2100000 | PA      | $2548801.40   | 0.51%             | 2028-04-17      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2016-1 CLASS AA PASS THROUGH TRUST                          | AMER AIRLINE 16 1 AA PTT PASS THRU CE 07/29 3.575       | CUSIP: 02376UAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     57194 | PA      | $56105.10     | 0.01%             | 2029-07-15      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORPORATION                                                     | EXPAND ENERGY CORP SR UNSECURED 01/35 5.7               | CUSIP: 165167DH7<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102854.11    | 0.02%             | 2035-01-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP LLC                                                    | AVIATION CAPITAL GROUP SR UNSECURED 144A 09/26 1.95     | CUSIP: 05369AAL5<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97751.90     | 0.02%             | 2026-09-20      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE ALT-A SECURITIES LN TR 2007-1                                        | DEUTSCHE ALT A SECURITIES INC DBALT 2007 1 2A1          | CUSIP: 25151YAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     11901 | PA      | $10323.05     | 0.00%             | 2037-08-25      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR USD SOFR/3.28076 12/02/24-15Y* CME                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $978125.80    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FUNDING LIMITED                                               | AVOLON HOLDINGS FNDG LTD COMPANY GUAR 144A 11/27 2.528  | CUSIP: 05401AAR2<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   1142000 | PA      | $1098221.11   | 0.22%             | 2027-11-18      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | US 10YR FUT OPTN  NOV25C 114 EXP 10/24/2025             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -24 | NC      | $-3303.26     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317UABFA9 PIMCO SWAPTION 3.507 CALL USD 202510          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |  -1000000 | NC      | $-316.30      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CITADEL LIMITED PARTNERSHIP                                                   | CITADEL LP SR UNSECURED 144A 01/30 6                    | CUSIP: 17288XAD6<br>LEI: 549300IPM6EKPVUPFL67 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103983.93    | 0.02%             | 2030-01-23      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD ZAR BOUGHT USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |         1 | NC      | $-1972.93     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD EUR BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $-3450.76     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS LP                                                   | CHENIERE ENERGY PARTNERS COMPANY GUAR 08/34 5.75        | CUSIP: 16411QAS0<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1560133.68   | 0.31%             | 2034-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ALTERNATIVE LN TR 2006-OA12                                       | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2006 OA12 A1B      | CUSIP: 23243AAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     42867 | PA      | $44248.72     | 0.01%             | 2046-09-20      | Floating      | 4.44%                 | No            |                  2 | On Loan: No      |
| BBVA BANCOMER SA/TAXAS BRANCH                                                 | BBVA BANCOMER SA TEXAS SUBORDINATED REGS 02/35 VAR      | CUSIP: P2000GAA1<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |   1900000 | PA      | $2003550.00   | 0.40%             | 2035-02-11      | Floating      | 7.62%                 | No            |                  2 | On Loan: No      |
| MATTEL INC                                                                    | MATTEL INC COMPANY GUAR 144A 04/26 3.375                | CUSIP: 577081BE1<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2482463.33   | 0.50%             | 2026-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| AMS-OSRAM AG                                                                  | AMS OSRAM AG SR UNSECURED REGS 11/27 2.125              | CUSIP: BMVM6ZII7<br>LEI: 5299001JPPT2QFTV5D76 | Long             | DBT              | CORP              | AT        |   2200000 | PA      | $2476366.36   | 0.50%             | 2027-11-03      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | US 10YR ULTRA FUT DEC25 XCBT 20251219                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |        48 | NC      | $53609.32     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU PASS LLC                                             | VENTURE GLOBAL CALCASIEU SR SECURED 144A 08/31 4.125    | CUSIP: 92328MAB9<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1227880.03   | 0.25%             | 2031-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| TDC NET A/S                                                                   | TDC NET A/S 08/29 5.186                                 | CUSIP: ACI2NWF17<br>LEI: 549300SH2G3R15Y3FX20 | Long             | DBT              | CORP              | DK        |   2100000 | PA      | $2596148.13   | 0.52%             | 2029-08-02      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOME MTGE INV TRUST 2005-4                                           | AMERICAN HOME MORTGAGE INVESTM AHM 2005 4 5A            | CUSIP: 02660TGW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     29668 | PA      | $11082.89     | 0.00%             | 2045-11-25      | Floating      | 6.19%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORPORATION                                                         | AIR LEASE CORP DISC COML PAPER 10/25 ZCP                | CUSIP: 00913WX75<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1198952.28   | 0.24%             | 2025-10-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | EURO-BUND OPTION  NOV25P 127.5 EXP 10/24/2025           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | DE        |        -8 | NC      | $-1784.56     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                                              | OCCIDENTAL PETROLEUM COR OCCIDENTAL PETROLEUM COR       | CUSIP: 674599EJ0<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101543.80    | 0.02%             | 2029-08-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| HANNON ARMSTRONG (HAT HOLDINGS I LLC / HAT HOLDINGS II LLC)                   | HAT HOLDINGS I LLC/HAT COMPANY GUAR 144A 06/27 8        | CUSIP: 418751AL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    270000 | PA      | $281214.60    | 0.06%             | 2027-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | AIR FRANCE-KLM SNR SE ICE                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | FR        |         1 | NC      | $-275398.99   | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORPORATION                                                     | BAUSCH + LOMB CORPORATION 2025 TERM LOAN B              | CUSIP: C0787FAJ1<br>LEI: 549300NY6OZM39SO6475 | Long             | LON              | CORP              | CA        |   1097250 | PA      | $1099307.34   | 0.22%             | 2031-01-15      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                         | WELLS FARGO + COMPANY WELLS FARGO + COMPANY             | CUSIP: 95000U3J0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1030054.11   | 0.21%             | 2030-01-23      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                                                           | ASHTEAD CAPITAL INC COMPANY GUAR 144A 10/33 5.95        | CUSIP: 045054AR4<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    200000 | PA      | $211530.63    | 0.04%             | 2033-10-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD PEN BOUGHT USD 20260302                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PE        |         1 | NC      | $-9916.68     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                                          | FNMA POOL FS3519 FN 11/52 FIXED VAR                     | CUSIP: 3140XJ4D2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    848581 | PA      | $826319.58    | 0.17%             | 2052-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | CDX HY45 5Y ICE                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $172659.36    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| AIR LEASE CORPORATION                                                         | AIR LEASE CORP DISC COML PAPER 10/25 ZCP                | CUSIP: 00913WXE0<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1297688.86   | 0.26%             | 2025-10-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR GBP SONIO/3.75000 09/17/25-5Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | GB        |         1 | NC      | $-50270.72    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317UABYA8 PIMCO SWAPTION 2.55 CALL EUR 2025100          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -400000 | NC      | $-21.84       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ALTERNATIVE LN TR 2005-56                                         | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2005 56 4A1        | CUSIP: 12668AHA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     83094 | PA      | $79133.05     | 0.02%             | 2035-11-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| INTELSAT SA                                                                   | SES S A COMMON STOCK                                    | CUSIP: 000000000<br>LEI: 549300YV2L21F4K80V46 | Long             | EC               | CORP              | LU        |       937 | NS      | $11151.00     | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| N/A                                                                           | 3 MONTH SOFR FUT  DEC26 XCME 20270316                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       128 | NC      | $208326.36    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| MASTR ASSET BACKED SEC TR 2006-NC2                                            | MASTR ASSET BACKED SECURITIES MABS 2006 NC2 A4          | CUSIP: 55275BAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1031615 | PA      | $364848.03    | 0.07%             | 2036-08-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICA GOVT                                                             | REPUBLIC OF SOUTH AFRICA SR UNSECURED 144A 11/36 7.1    | CUSIP: 836205BF0<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    400000 | PA      | $417751.81    | 0.08%             | 2036-11-19      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD CNH BOUGHT USD 20251016                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |         1 | NC      | $11.32        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC                                                       | BOOZ ALLEN HAMILTON INC COMPANY GUAR 144A 09/28 3.875   | CUSIP: 09951LAA1<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |   3400000 | PA      | $3336700.53   | 0.67%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MAHLE GMBH                                                                    | MAHLE GMBH SR UNSECURED REGS 05/28 2.375                | CUSIP: ACI1XP2H2<br>LEI: 52990098TR1QJBWIYG58 | Long             | DBT              | CORP              | DE        |    400000 | PA      | $448025.22    | 0.09%             | 2028-05-14      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 3 MONTH SOFR OPT  JUN26C 97.5 EXP 06/12/2026            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       110 | NC      | $15139.85     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LEHMAN XS TRUST 2007-3                                                        | LEHMAN XS TRUST LXS 2007 3 4AA1                         | CUSIP: 525245AP1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    506314 | PA      | $473395.67    | 0.10%             | 2037-03-25      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| CHANEL CERES PLC                                                              | CHANEL CERES PLC COMPANY GUAR REGS 07/31 1              | CUSIP: ACI1RSVG3<br>LEI: 549300FLG0WWSVNA4480 | Long             | DBT              | CORP              | GB        |   3100000 | PA      | $3193833.64   | 0.64%             | 2031-07-31      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | US 10YR FUT OPTN  NOV25P 111.5 EXP 10/24/2025           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -24 | NC      | $-4875.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| MERITAGE HOMES CORPORATION                                                    | MERITAGE HOMES CORP COMPANY GUAR 03/35 5.65             | CUSIP: 59001ABG6<br>LEI: 52990044W9UMFJO2FB97 | Short            | DBT              | CORP              | US        |  -2000000 | PA      | $-2032374.74  | -0.41%            | 2035-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                            | US TREASURY N/B 10/29 4.125                             | CUSIP: 91282CLR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9900000 | PA      | $10059134.78  | 2.02%             | 2029-10-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| AREIT TRUST 2023-CRE8                                                         | AREIT CRE TRUST AREIT 2023 CRE8 A 144A                  | CUSIP: 04002BAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |    440507 | PA      | $441001.16    | 0.09%             | 2041-08-17      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR GBP SONIO/4.00000 09/17/25-10Y LCH                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | GB        |         1 | NC      | $-6815.42     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | CINEWORLD WARRANTS WTS CALL EXP 23NOV25                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | GB        |      5979 | NC      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CROWDSTRIKE HOLDINGS INC                                                      | CROWDSTRIKE HOLDINGS INC COMPANY GUAR 02/29 3           | CUSIP: 22788CAA3<br>LEI: 549300YBY08K9KM4HX32 | Long             | DBT              | CORP              | US        |   3727000 | PA      | $3555759.82   | 0.72%             | 2029-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                  | UBS GROUP AG JR SUBORDINA REGS 12/99 VAR                | CUSIP: H42097ES2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   2000000 | PA      | $2211388.00   | 0.44%             | 2028-11-13      | Floating      | 9.25%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                              | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 12/47 3.95          | CUSIP: 694308HY6<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $898036.80    | 0.18%             | 2047-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT JPY SOLD USD 20251104                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $418.77       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                                   | ROYAL CARIBBEAN CRUISES SR UNSECURED 144A 07/26 4.25    | CUSIP: 780153BH4<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   1700000 | PA      | $1699076.78   | 0.34%             | 2026-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMENT INC                                                 | LIVE NATION ENTERTAINMEN SR SECURED 144A 05/27 6.5      | CUSIP: 538034AV1<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    800000 | PA      | $808076.73    | 0.16%             | 2027-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ANGLIAN WATER SERVICES FINANCING PLC                                          | ANGLIAN WATER SERV FIN SR SECURED REGS 10/29 2.75       | CUSIP: ACI1VH9K8<br>LEI: 213800DL377MH46PDY63 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $1236128.73   | 0.25%             | 2029-10-26      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                                                                | VAR ENERGI ASA SR UNSECURED 144A 11/32 8                | CUSIP: 92212WAE0<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    700000 | PA      | $813357.68    | 0.16%             | 2032-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                         | FED HM LN PC POOL SD8275 FR 12/52 FIXED 4.5             | CUSIP: 3132DWFQ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5770017 | PA      | $5625202.06   | 1.13%             | 2052-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JAPAN GOVT                                                                    | JAPAN (20 YEAR ISSUE) BONDS 03/45 2.4                   | CUSIP: ACI2WJ7V9<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        | 103600000 | PA      | $682435.27    | 0.14%             | 2045-03-20      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| SEC ASSET BACKED REC LLC 2006-FR3                                             | SECURITIZED ASSET BACKED RECEI SABR 2006 FR3 A3         | CUSIP: 813765AC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    678138 | PA      | $367055.03    | 0.07%             | 2036-05-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| BWX TECHNOLOGIES INC                                                          | BWX TECHNOLOGIES INC COMPANY GUAR 144A 04/29 4.125      | CUSIP: 05605HAC4<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1550432.80   | 0.31%             | 2029-04-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                          | LAS VEGAS SANDS CORP SR UNSECURED 06/30 6               | CUSIP: 517834AN7<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |   4300000 | PA      | $4479914.41   | 0.90%             | 2030-06-14      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ROMANIA GOVT                                                                  | ROMANIA SR UNSECURED 144A 03/30 5.25                    | CUSIP: ACI2TMXJ4<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    400000 | PA      | $484239.54    | 0.10%             | 2030-03-10      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD CHF BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CH        |         1 | NC      | $-101.09      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| INGEVITY CORPORATION                                                          | INGEVITY CORP COMPANY GUAR 144A 11/28 3.875             | CUSIP: 45688CAB3<br>LEI: 5493009UTFC4B5IMGF87 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1106016.87   | 0.22%             | 2028-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                            | ORACLE CORP SR UNSECURED 09/55 5.95                     | CUSIP: 68389XDR3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199523.28    | 0.04%             | 2055-09-26      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ITAU UNIBANCO HOLDING SA/CAYMAN ISLAND BRANCH                                 | ITAU UNIBANCO HLDG SA/KY SR UNSECURED 144A 02/30 6      | CUSIP: 46556V2A9<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | DBT              | CORP              | BR        |   3700000 | PA      | $3845502.50   | 0.77%             | 2030-02-27      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                                                 | BOEING CO SR UNSECURED 05/50 5.805                      | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    500000 | PA      | $499856.83    | 0.10%             | 2050-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                                                  | SYNOPSYS INC SR UNSECURED 04/32 5                       | CUSIP: 871607AD9<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |   3300000 | PA      | $3373360.02   | 0.68%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CPI PROPERTY GROUP SA                                                         | CPI PROPERTY GROUP SA SR UNSECURED REGS 01/28 2.75      | CUSIP: ACI1J42H5<br>LEI: 222100CO2ZOTEPGJO223 | Long             | DBT              | CORP              | LU        |    300000 | PA      | $384803.71    | 0.08%             | 2028-01-22      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | SOLD ZAR BOUGHT USD 20251120                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |         1 | NC      | $-6425.56     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VIKING OCEAN CRUISES (VOC ESCROW LTD)                                         | VOC ESCROW LTD SR SECURED 144A 02/28 5                  | CUSIP: 91832VAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   2300000 | PA      | $2295433.12   | 0.46%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | 317U94ZA5 PIMCO SWAPTION 2.0 CALL USD 20260429          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |  20200000 | NC      | $9243.52      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LEIDOS INC                                                                    | LEIDOS INC COMPANY GUAR 02/31 2.3                       | CUSIP: 52532XAH8<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |   3800000 | PA      | $3391695.17   | 0.68%             | 2031-02-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR USD SOFR/3.55100 09/17/25-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $2639.15      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP MTGE LOAN TR INC 2007-AMC1                                          | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2007 AMC1 A1 144A   | CUSIP: 17311BAS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    830410 | PA      | $467897.27    | 0.09%             | 2036-12-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | EURO-BUND OPTION  NOV25C 130.5 EXP 10/24/2025           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | DE        |        -3 | NC      | $-316.99      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                                              | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 12/27 3.3           | CUSIP: 694308HW0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195784.78    | 0.04%             | 2027-12-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | ZCS BRL 13.3585 07/10/25-01/02/29 CME                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | BR        |         1 | NC      | $6545.33      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | RFR USD SOFR/3.93000 03/24/25-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-13062.72    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GAZPROM PJSC VIA GAZ FINANCE PLC                                              | GAZPROM PJSC (GAZ FN) SR UNSECURED REGS 01/29 2.95      | CUSIP: ACI1V9JH2<br>LEI: 213800UNP9N6BPNYMQ45 | Long             | DBT              | CORP              | GB        |   1500000 | PA      | $1102875.00   | 0.22%             | 2029-01-27      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                                                 | UNICREDIT SPA JR SUBORDINA REGS 12/99 VAR               | CUSIP: ACI19LDR4<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    800000 | PA      | $968591.80    | 0.19%             | 2026-06-03      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT EUR SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $-66678.28    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| INDYMAC INDX MORTGAGE LOAN TR 2005-AR23                                       | INDYMAC INDX MORTGAGE LOAN TRU INDX 2005 AR23 6A1       | CUSIP: 45660LF95<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    215999 | PA      | $204788.67    | 0.04%             | 2035-11-25      | Floating      | 3.95%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2023-1 CLASS A PASS THROUGH TRUST                             | UNITED AIR 2023 1 A PTT PASS THRU CE 07/37 5.8          | CUSIP: 90932LAJ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    559783 | PA      | $580940.28    | 0.12%             | 2037-07-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2007-HE3                                         | MORGAN STANLEY CAPITAL INC MSAC 2007 HE3 A2C            | CUSIP: 617538AC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     82001 | PA      | $41177.09     | 0.01%             | 2036-12-25      | Floating      | 4.42%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | REPO BANK AMERICA REPO                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |    100000 | PA      | $100000.00    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                           | REPO BANK AMERICA REPO                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |   2200000 | PA      | $2200000.00   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| BURBERRY GROUP PLC                                                            | BURBERRY GROUP PLC COMPANY GUAR REGS 06/30 5.75         | CUSIP: ACI2PKL89<br>LEI: 213800PE1KEFCNFR1R50 | Long             | DBT              | CORP              | GB        |   1800000 | PA      | $2433254.21   | 0.49%             | 2030-06-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL 2007-OA6                                                    | WAMU MORTGAGE PASS THROUGH CER WAMU 2007 OA6 2A         | CUSIP: 92927BAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     49599 | PA      | $42915.19     | 0.01%             | 2047-07-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | ZCS BRL 13.4016 06/10/25-01/02/29 CME                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | BR        |         1 | NC      | $9626.09      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JAPAN GOVT                                                                    | JAPAN (20 YEAR ISSUE) BONDS 12/44 2                     | CUSIP: ACI2T82B6<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        | 190000000 | PA      | $1177682.66   | 0.24%             | 2044-12-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SEGRO CAPITAL SA RL                                                           | SEGRO CAPITAL SARL COMPANY GUAR REGS 09/31 0.5          | CUSIP: ACI20HBK7<br>LEI: 549300HY425AKJLQVX75 | Long             | DBT              | CORP              | LU        |    650000 | PA      | $647270.99    | 0.13%             | 2031-09-22      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                   | BANK OF AMERICA CORP SR UNSECURED 07/28 VAR             | CUSIP: 06051GKW8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2942208.75   | 0.59%             | 2028-07-22      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| ABC SUPPLY CO (AMERICAN BUILDERS & CONTRACTORS SUPPLY CO INC)                 | ABC SUPPLY CO INC SR SECURED 144A 01/28 4               | CUSIP: 024747AF4<br>LEI: 549300H5GQ4C1BEKG397 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1765471.50   | 0.36%             | 2028-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                           | BOUGHT JPY SOLD USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $-60.20       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| THAMES WATER UTILITIES FINANCE PLC                                            | THAMES WATER UTIL FIN SR SECURED REGS 01/34 1.25        | CUSIP: ACI236111<br>LEI: 213800ESMPQ4RQ7G8351 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $812304.74    | 0.16%             | 2034-01-31      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-26

**Name of Applicant:** PIMCO Funds

**Signature:** /s/ Bijal Parikh

**Name of Signer:** Bijal Parikh

**Title:** Treasurer