# EDGAR Filing Document

**Accession Number:** 0001274676
**File Stem:** 0001752724-23-070289
**Filing Date:** 2023-3
**Character Count:** 144144
**Document Hash:** a18d7e6afb119dc908819d1c0e2bbc33
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-070289.hdr.sgml**: 20230328

**ACCESSION NUMBER**: 0001752724-23-070289

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230328

**DATE AS OF CHANGE**: 20230328

**PERIOD START**: 20230430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AB CORPORATE SHARES
- **CENTRAL INDEX KEY:** 0001274676
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21497
- **FILM NUMBER:** 23770482

**BUSINESS ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 1345 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10105
- **BUSINESS PHONE:** 2129691000

**MAIL ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 1345 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCEBERNSTEIN CORPORATE SHARES
- **DATE OF NAME CHANGE:** 20031230

## Series and Classes Contracts Data

### AB Taxable Multi-Sector Income Shares (Series ID: S000029838)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000091758 | AB Taxable Multi-Sector Income Shares | CSHTX           |

## Nport-Ex

**AB Taxable Multi-Sector Income Shares** 

**Portfolio of Investments** 

**January 31, 2023 (unaudited)** 

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **CORPORATES - INVESTMENT GRADE – 59.2%** | **CORPORATES - INVESTMENT GRADE – 59.2%** | **CORPORATES - INVESTMENT GRADE – 59.2%** |
|  **Industrial – 38.6%** | **Industrial – 38.6%** | **Industrial – 38.6%** |
|  **Basic – 3.0%** | **Basic – 3.0%** | **Basic – 3.0%** |
|  Air Products and Chemicals, Inc. <br>1.50%, 10/15/2025 | $1600 | $1483760 |
|  Eastman Chemical Co. <br>3.80%, 03/15/2025 | 2000 | 1952380 |
|  EIDP, Inc. <br>1.70%, 07/15/2025 | 1265 | 1181776 |
|  Georgia-Pacific LLC <br>0.625%, 05/15/2024<sup>(a)</sup> | 1750 | 1659857 |
|  LyondellBasell Industries NV <br>5.75%, 04/15/2024 | 1140 | 1145791 |
|  Nucor Corp. <br>2.00%, 06/01/2025 | 2640 | 2481732 |
|  Southern Copper Corp. <br>3.875%, 04/23/2025 | 1000 | 966870 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10872166 |
|  **Capital Goods – 4.5%** | **Capital Goods – 4.5%** | **Capital Goods – 4.5%** |
|  Caterpillar Financial Services Corp. <br>4.528% (SOFR + 0.27%), 09/13/2024<sup>(b)</sup> | 1000 | 996560 |
|  CNH Industrial Capital LLC <br>1.95%, 07/02/2023 | 2000 | 1972100 |
|  Emerson Electric Co. <br>1.80%, 10/15/2027 | 2000 | 1785860 |
|  Illinois Tool Works, Inc. <br>3.50%, 03/01/2024 | 1550 | 1530423 |
|  John Deere Capital Corp.<br>1.75%, 03/09/2027 | 1700 | 1548292 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.429% (SOFR + 0.12%), 07/10/2023<sup>(b)</sup> | 1000 | 998140 |
|  Parker-Hannifin Corp.<br>2.70%, 06/14/2024 | 1000 | 970010 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/01/2027 | 1700 | 1619726 |
|  Republic Services, Inc. <br>2.50%, 08/15/2024 | 1000 | 964930 |
|  Trane Technologies Luxembourg Finance SA <br>3.55%, 11/01/2024 | 2000 | 1959580 |
|  Waste Management, Inc. <br>2.40%, 05/15/2023 | 1630 | 1617987 |
|  |  | 15963608 |
|  **Communications - Media – 0.6%** | **Communications - Media – 0.6%** | **Communications - Media – 0.6%** |
|  Omnicom Group, Inc./Omnicom Capital, Inc. <br>3.65%, 11/01/2024 | 2000 | 1961240 |
|  **Communications - Telecommunications – 0.9%** | **Communications - Telecommunications – 0.9%** | **Communications - Telecommunications – 0.9%** |
|  Rogers Communications, Inc. <br>3.00%, 03/15/2023 | 2000 | 1994960 |
|  T-Mobile USA, Inc. <br>2.625%, 04/15/2026 | 1402 | 1309917 |
|  |  | 3304877 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **Consumer Cyclical - Automotive – 0.8%** | **Consumer Cyclical - Automotive – 0.8%** | **Consumer Cyclical - Automotive – 0.8%** |
|  General Motors Financial Co., Inc. <br>5.609% (SOFR + 1.30%), 04/07/2025<sup>(b)</sup> | $1500 | $1491555 |
|  General Motors Financial Co., Inc. <br>5.10%, 01/17/2024 | 1500 | 1498320 |
|  |  | 2989875 |
|  **Consumer Cyclical - Entertainment – 0.5%** | **Consumer Cyclical - Entertainment – 0.5%** | **Consumer Cyclical - Entertainment – 0.5%** |
|  YMCA of Greater New York <br>2.303%, 08/01/2026 | 1765 | 1599319 |
|  **Consumer Cyclical - Other – 1.8%** | **Consumer Cyclical - Other – 1.8%** | **Consumer Cyclical - Other – 1.8%** |
|  DR Horton, Inc. <br>2.50%, 10/15/2024 | 2875 | 2767073 |
|  Las Vegas Sands Corp. <br>3.20%, 08/08/2024 | 2885 | 2772975 |
|  Marriott International, Inc./MD <br>3.75%, 03/15/2025 | 1075 | 1049716 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6589764 |
|  **Consumer Cyclical - Restaurants – 0.3%** | **Consumer Cyclical - Restaurants – 0.3%** | **Consumer Cyclical - Restaurants – 0.3%** |
|  McDonald's Corp. <br>3.375%, 05/26/2025 | 1000 | 975170 |
|  **Consumer Cyclical - Retailers – 2.6%** | **Consumer Cyclical - Retailers – 2.6%** | **Consumer Cyclical - Retailers – 2.6%** |
|  AutoZone, Inc. <br>3.25%, 04/15/2025 | 2000 | 1933440 |
|  Costco Wholesale Corp. <br>2.75%, 05/18/2024 | 1000 | 979940 |
|  Dollar Tree, Inc. <br>4.00%, 05/15/2025 | 2000 | 1964240 |
|  NIKE, Inc. <br>2.40%, 03/27/2025 | 2250 | 2177235 |
|  VF Corp. <br>2.40%, 04/23/2025 | 1670 | 1584229 |
|  Walmart, Inc. <br>3.30%, 04/22/2024 | 500 | 492515 |
|  |  | 9131599 |
|  **Consumer Non-Cyclical – 7.5%** | **Consumer Non-Cyclical – 7.5%** | **Consumer Non-Cyclical – 7.5%** |
|  AmerisourceBergen Corp.<br>0.737%, 03/15/2023 | 701 | 697565 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/01/2025 | 1350 | 1306841 |
|  Baxter International, Inc. <br>0.868%, 12/01/2023 | 2300 | 2222444 |
|  Baylor Scott & White Holdings <br>Series 2021 <br>0.827%, 11/15/2025 | 2275 | 2051777 |
|  Cardinal Health, Inc.<br>3.079%, 06/15/2024 | 1000 | 974920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 03/15/2023 | 1000 | 997740 |
|  Cigna Corp. <br>4.125%, 11/15/2025 | 1000 | 988710 |
|  CommonSpirit Health <br>2.76%, 10/01/2024 | 1000 | 966880 |
|  Gilead Sciences, Inc.<br>3.65%, 03/01/2026 | 1000 | 974760 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 04/01/2024 | 1300 | 1283152 |

---

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Hershey Co. (The)<br>0.90%, 06/01/2025 | $| 1300 | $| 1199224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 08/15/2026 |  | 1400 |  | 1304646 |
|  Newell Brands, Inc.<br>4.45%, 04/01/2026 |  | 613 |  | 582295 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 06/01/2025 |  | 183 |  | 178811 |
|  Philip Morris International, Inc. <br>3.375%, 08/11/2025 |  | 2000 |  | 1939300 |
|  Shire Acquisitions Investments Ireland DAC <br>2.875%, 09/23/2023 |  | 640 |  | 629984 |
|  Sysco Corp. <br>3.75%, 10/01/2025 |  | 2500 |  | 2438825 |
|  Tyson Foods, Inc. <br>3.95%, 08/15/2024 |  | 3000 |  | 2962620 |
|  UPMC <br>Series D-1 <br>3.60%, 04/03/2025 |  | 2250 |  | 2173252 |
|  Zoetis, Inc. <br>3.25%, 02/01/2023 |  | 1000 |  | 1000000 |
|  |  |  |  | 26873746 |
|  **Energy – 8.6%** | **Energy – 8.6%** | **Energy – 8.6%** | **Energy – 8.6%** | **Energy – 8.6%** |
|  BP Capital Markets America, Inc. <br>3.017%, 01/16/2027 |  | 2035 |  | 1935407 |
|  Canadian Natural Resources Ltd. <br>3.80%, 04/15/2024 |  | 3000 |  | 2954790 |
|  Chevron Corp. <br>1.141%, 05/11/2023 |  | 1665 |  | 1648117 |
|  Continental Resources, Inc./OK <br>3.80%, 06/01/2024 |  | 3000 |  | 2942160 |
|  Devon Energy Corp. <br>4.50%, 01/15/2030 |  | 1745 |  | 1685391 |
|  EOG Resources, Inc. <br>4.15%, 01/15/2026 |  | 2000 |  | 1988300 |
|  EQT Corp. <br>6.125%, 02/01/2025 |  | 2350 |  | 2376626 |
|  Exxon Mobil Corp.<br>1.571%, 04/15/2023 |  | 1655 |  | 1643729 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.992%, 03/19/2025 |  | 2000 |  | 1945460 |
|  Hess Corp. <br>4.30%, 04/01/2027 |  | 2000 |  | 1959660 |
|  MPLX LP <br>4.00%, 03/15/2028 |  | 1685 |  | 1618358 |
|  Ovintiv Exploration Inc. <br>5.375%, 01/01/2026 |  | 2200 |  | 2214454 |
|  Phillips 66 <br>0.90%, 02/15/2024 |  | 1900 |  | 1821701 |
|  Pioneer Natural Resources Co. <br>1.125%, 01/15/2026 |  | 2680 |  | 2425668 |
|  Transcontinental Gas Pipe Line Co. LLC <br>4.00%, 03/15/2028 |  | 1665 |  | 1607691 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30767512 |
|  **Services – 2.5%** | **Services – 2.5%** | **Services – 2.5%** | **Services – 2.5%** | **Services – 2.5%** |
|  Alibaba Group Holding Ltd. <br>3.60%, 11/28/2024 |  | 1500 |  | 1459575 |

---

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Amazon.com, Inc. <br>2.40%, 02/22/2023 | $| 875 | $| 873915 |
|  Booking Holdings, Inc. <br>3.65%, 03/15/2025 |  | 1000 |  | 978540 |
|  Enterprise Community Loan Fund, Inc. <br>Series 2018 <br>3.685%, 11/01/2023 |  | 1180 |  | 1165793 |
|  Mastercard, Inc. <br>2.00%, 03/03/2025 |  | 2250 |  | 2141415 |
|  Verisk Analytics, Inc. <br>4.00%, 06/15/2025 |  | 2500 |  | 2447900 |
|  |  |  |  | 9067138 |
|  **Technology – 5.0%** | **Technology – 5.0%** | **Technology – 5.0%** | **Technology – 5.0%** | **Technology – 5.0%** |
|  Apple, Inc.<br>2.40%, 05/03/2023 |  | 1250 |  | 1242413 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 05/11/2024 |  | 250 |  | 244753 |
|  Fidelity National Information Services, Inc. <br>0.375%, 03/01/2023 |  | 2250 |  | 2241967 |
|  Fiserv, Inc. <br>2.75%, 07/01/2024 |  | 2250 |  | 2180272 |
|  Hewlett Packard Enterprise Co.<br>1.45%, 04/01/2024 |  | 1715 |  | 1649401 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 04/01/2023 |  | 500 |  | 497635 |
|  International Business Machines Corp. <br>3.30%, 05/15/2026 |  | 2000 |  | 1930500 |
|  Kyndryl Holdings, Inc. <br>2.05%, 10/15/2026 |  | 1751 |  | 1509817 |
|  Microchip Technology, Inc. <br>4.25%, 09/01/2025 |  | 1000 |  | 979960 |
|  Oracle Corp. <br>2.50%, 04/01/2025 |  | 3100 |  | 2956036 |
|  Salesforce, Inc. <br>3.25%, 04/11/2023 |  | 625 |  | 623094 |
|  TSMC Arizona Corp. <br>1.75%, 10/25/2026 |  | 2220 |  | 1988743 |
|  |  |  |  | 18044591 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138140605 |
|  **Financial Institutions – 17.4%** | **Financial Institutions – 17.4%** | **Financial Institutions – 17.4%** | **Financial Institutions – 17.4%** | **Financial Institutions – 17.4%** |
|  **Banking – 12.9%** | **Banking – 12.9%** | **Banking – 12.9%** | **Banking – 12.9%** | **Banking – 12.9%** |
|  Bank of America Corp.<br>3.093%, 10/01/2025 |  | 1250 |  | 1209375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.458%, 03/15/2025 |  | 500 |  | 490410 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.824%, 01/20/2028 |  | 1000 |  | 961430 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.963% (BSBY 3 Month + 0.43%), 05/28/2024<sup>(b)</sup> |  | 1000 |  | 993060 |
|  Barclays PLC<br>1.007%, 12/10/2024 |  | 1500 |  | 1443495 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.932%, 05/07/2025 |  | 1000 |  | 980080 |
|  Capital One Financial Corp. <br>2.636%, 03/03/2026 |  | 1000 |  | 946480 |
|  Citigroup, Inc.<br>1.678%, 05/15/2024 |  | 1000 |  | 989730 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.106%, 04/08/2026 |  | 2500 |  | 2396375 |

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Danske Bank A/S <br>5.795% (LIBOR 3 Month + 1.06%), 09/12/2023<sup>(a) (b)</sup> | $| 2250 | $| 2250608 |
|  Discover Bank <br>3.45%, 07/27/2026 |  | 2385 |  | 2264104 |
|  Goldman Sachs Group, Inc. (The) <br>3.814%, 04/23/2029 |  | 2000 |  | 1889200 |
|  HSBC Holdings PLC<br>1.645%, 04/18/2026 |  | 2210 |  | 2037045 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.633%, 11/07/2025 |  | 1000 |  | 953960 |
|  ING Groep NV <br>5.32% (SOFR + 1.01%), 04/01/2027<sup>(b)</sup> |  | 1350 |  | 1307124 |
|  JPMorgan Chase & Co.<br>1.514%, 06/01/2024 |  | 1800 |  | 1778292 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.797%, 07/23/2024 |  | 725 |  | 720172 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.724% (SOFR + 0.54%), 06/01/2025<sup>(b)</sup> |  | 1300 |  | 1288560 |
|  KeyBank NA/Cleveland OH <br>4.65% (SOFR + 0.34%), 01/03/2024<sup>(b)</sup> |  | 2000 |  | 1996860 |
|  Mitsubishi UFJ Financial Group, Inc. <br>1.412%, 07/17/2025 |  | 2300 |  | 2109077 |
|  Mizuho Financial Group, Inc. <br>1.241%, 07/10/2024 |  | 2000 |  | 1961380 |
|  Morgan Stanley<br>2.72%, 07/22/2025 |  | 1000 |  | 966110 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.591%, 07/22/2028 |  | 1000 |  | 946920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.737%, 04/24/2024 |  | 2000 |  | 1992900 |
|  Nationwide Building Society <br>4.363%, 08/01/2024<sup>(a)</sup> |  | 200 |  | 198350 |
|  NatWest Group PLC <br>4.269%, 03/22/2025 |  | 2000 |  | 1972880 |
|  Sumitomo Mitsui Financial Group, Inc. <br>1.474%, 07/08/2025 |  | 2600 |  | 2387476 |
|  Synchrony Bank <br>5.625%, 08/23/2027 |  | 1865 |  | 1856663 |
|  Toronto-Dominion Bank (The) <br>4.60% (SOFR + 0.35%), 09/10/2024<sup>(b)</sup> |  | 2000 |  | 1990240 |
|  Wells Fargo & Co.<br>2.188%, 04/30/2026 |  | 1850 |  | 1740480 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.406%, 10/30/2025 |  | 1150 |  | 1098262 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46117098 |
|  **Brokerage – 1.5%** | **Brokerage – 1.5%** | **Brokerage – 1.5%** | **Brokerage – 1.5%** | **Brokerage – 1.5%** |
|  Charles Schwab Corp. (The) <br>4.815% (SOFR + 0.50%), 03/18/2024<sup>(b)</sup> |  | 3000 |  | 3000420 |
|  Nomura Holdings, Inc. <br>1.851%, 07/16/2025 |  | 2750 |  | 2531100 |
|  |  |  |  | 5531520 |
|  **Finance – 1.0%** | **Finance – 1.0%** | **Finance – 1.0%** | **Finance – 1.0%** | **Finance – 1.0%** |
|  Air Lease Corp.<br>2.30%, 02/01/2025 |  | 1000 |  | 941280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 07/03/2023 |  | 300 |  | 298323 |
|  Aircastle Ltd. <br>4.125%, 05/01/2024 |  | 2500 |  | 2447650 |
|  |  |  |  | 3687253 |

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| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **REITs – 2.0%** | **REITs – 2.0%** | **REITs – 2.0%** |
|  American Tower Corp. <br>3.375%, 05/15/2024 | $2100 | $2054808 |
|  GLP Capital LP/GLP Financing II, Inc. <br>5.375%, 04/15/2026 | 3000 | 2996880 |
|  Kite Realty Group Trust <br>4.00%, 03/15/2025 | 1000 | 964250 |
|  Simon Property Group LP <br>3.50%, 09/01/2025 | 1000 | 971720 |
|  |  | 6987658 |
|  |  | 62323529 |
|  **Utility – 3.2%** | **Utility – 3.2%** | **Utility – 3.2%** |
|  **Electric – 1.9%** | **Electric – 1.9%** | **Electric – 1.9%** |
|  National Rural Utilities Cooperative Finance Corp. <br>3.40%, 02/07/2028 | 2000 | 1911760 |
|  Pinnacle West Capital Corp. <br>1.30%, 06/15/2025 | 2700 | 2479896 |
|  WEC Energy Group, Inc. <br>0.80%, 03/15/2024 | 2400 | 2291592 |
|  |  | 6683248 |
|  **Natural Gas – 0.6%** | **Natural Gas – 0.6%** | **Natural Gas – 0.6%** |
|  Southern Co. Gas Capital Corp. <br>2.45%, 10/01/2023 | 2200 | 2160048 |
|  **Other Utility – 0.7%** | **Other Utility – 0.7%** | **Other Utility – 0.7%** |
|  American Water Capital Corp.<br>3.40%, 03/01/2025 | 1135 | 1108566 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 03/01/2024 | 1650 | 1630579 |
|  |  | 2739145 |
|  |  | 11582441 |
|  Total Corporates - Investment Grade <br>(cost $218,582,503) | Total Corporates - Investment Grade <br>(cost $218,582,503) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212046575 |
|  **LOCAL GOVERNMENTS - US MUNICIPAL BONDS – 13.1%** | **LOCAL GOVERNMENTS - US MUNICIPAL BONDS – 13.1%** | **LOCAL GOVERNMENTS - US MUNICIPAL BONDS – 13.1%** |
|  **United States – 13.1%** | **United States – 13.1%** | **United States – 13.1%** |
|  Antonio B Won Pat International Airport Authority<br>Series 2021-A<br>2.499%, 10/01/2025 | 740 | 689614 |
|  California Earthquake Authority<br>Series 2022-A<br>5.603%, 07/01/2027 | 2000 | 2035099 |
|  Chicago O'Hare International Airport<br>Series 2020-D<br>1.168%, 01/01/2024 | 2000 | 1936867 |
|  City & County of Denver CO. Airport System Revenue<br>Series 2020-C<br>1.115%, 11/15/2024 | 750 | 707110 |
|  City of Glendale AZ<br> (City of Glendale AZ COP)<br>Series 2021<br>0.897%, 07/01/2024 | 3000 | 2845355 |

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| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  City of Houston TX Airport System Revenue<br>Series 2020-C<br>1.272%, 07/01/2024 | $1000 | $952771 |
|  City of Jacksonville FL<br> (City of Jacksonville FL Lease)<br>Series 2020-C<br>0.594%, 10/01/2023 | 1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1459360 |
|  City of New York NY<br>Series 2021-D<br>0.59%, 08/01/2023 | 1625 | 1594194 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021<br>0.982%, 08/01/2025 | 380 | 349926 |
|  Colorado Health Facilities Authority<br> (Sanford Obligated Group)<br>Series 2019-B<br>2.396%, 11/01/2023 | 1050 | 1029766 |
|  Commonwealth of Massachusetts<br> (Commonwealth of Massachusetts COVID-19 Recovery Assessment Revenue)<br>Series 2022-B<br>4.11%, 07/15/2031 | 2000 | 1976217 |
|  County of Broward FL Airport System Revenue<br>Series 2019-C<br>2.384%, 10/01/2026 | 1000 | 932022 |
|  County of Riverside CA<br>Series 2020<br>2.363%, 02/15/2023 | 200 | 199826 |
|  Florida Development Finance Corp.<br>Series 2022<br>2.90%, 12/01/2056 | 1000 | 999397 |
|  Florida Municipal Power Agency<br> (Florida Municipal Power Agency All-Requirements Power Supply Project Revenue)<br>Series 2021<br>1.425%, 10/01/2026 | 1000 | 886176 |
|  Golden State Tobacco Securitization Corp.<br>Series 2021<br>1.85%, 06/01/2031 | 350 | 346417 |
|  Inland Empire Tobacco Securitization Corp.<br>Series 2019<br>3.678%, 06/01/2038 | 770 | 727245 |
|  Kansas Development Finance Authority<br> (State of Kansas Department of Administration Lease)<br>Series 2021-K<br>0.407%, 05/01/2023 | 1415 | 1400114 |
|  Massachusetts Development Finance Agency<br> (Berklee College of Music, Inc.)<br>Series 2020<br>1.494%, 10/01/2023 | 385 | 376219 |
|  Metropolitan Pier & Exposition Authority<br>Series 2022<br>3.00%, 06/15/2024 | 1000 | 998003 |
|  Metropolitan Transportation Authority<br>Series 2019-A<br>5.00%, 11/15/2048 | 2000 | 2049759 |

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| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Michigan Finance Authority<br> (Michigan Finance Authority School Loan Revolving Fund)<br>Series 2019<br>2.366%, 09/01/2049 | $1000 | $987254 |
|  Municipal Electric Authority of Georgia<br>Series 2021<br>1.897%, 01/01/2027 | 385 | 342801 |
|  New Jersey Economic Development Authority<br>Series 2021-G<br>5.25%, 09/01/2023<sup>(a)</sup> | 1440 | 1460711 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>4.927%, 03/01/2026 | 1050 | 1058315 |
|  New Jersey Turnpike Authority<br>Series 2021-B<br>0.638%, 01/01/2024 | 1000 | 966329 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.897%, 01/01/2025 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1876985 |
|  New York State Urban Development Corp.<br>Series 2020-F<br>0.87%, 03/15/2025 | 1400 | 1300265 |
|  Ohio Turnpike & Infrastructure Commission<br>Series 2020<br>1.746%, 02/15/2023 | 700 | 699149 |
|  Oklahoma Development Finance Authority Oklahoma Development Finance Authority<br>Series 2022<br>3.877%, 05/01/2037 | 1760 | 1710236 |
|  Pennsylvania Turnpike Commission<br>Series 2019<br>2.556%, 12/01/2025 | 760 | 720435 |
|  Port of Portland OR Airport Revenue<br>Series 2020-T<br>1.00%, 07/01/2023 | 1200 | 1182350 |
|  Reedy Creek Improvement District<br>Series 2020-A<br>1.549%, 06/01/2023 | 700 | 692413 |
|  State Board of Administration Finance Corp.<br>Series 2020-A<br>1.258%, 07/01/2025 | 1010 | 932304 |
|  State of Connecticut<br>Series 2021-A<br>0.309%, 06/01/2023 | 150 | 147752 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.508%, 06/01/2024 | 1000 | 948261 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-A<br>3.292%, 06/15/2025 | 1000 | 976653 |
|  State of Hawaii Airports System Revenue<br>Series 2020-E<br>1.392%, 07/01/2025 | 1000 | 931287 |
|  Tennessee Energy Acquisition Corp<br>Series 2023-A<br>5.75%, 05/01/2028<sup>(c)</sup> | 2000 | 1994458 |
|  Tobacco Settlement Finance Authority/WV<br> (Tobacco Settlement Finance Authority/WV)<br>Series 2020<br>3.00%, 06/01/2035 | 869 | 803340 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  University of California<br>Series 2022-S<br>5.00%, 05/15/2024 | $| 2500 | $| 2587386 |
|  Total Local Governments - US Municipal Bonds <br>(cost $48,665,692) | Total Local Governments - US Municipal Bonds <br>(cost $48,665,692) | Total Local Governments - US Municipal Bonds <br>(cost $48,665,692) |  | 46810141 |
|  **GOVERNMENTS - TREASURIES – 11.0%** | **GOVERNMENTS - TREASURIES – 11.0%** | **GOVERNMENTS - TREASURIES – 11.0%** | **GOVERNMENTS - TREASURIES – 11.0%** | **GOVERNMENTS - TREASURIES – 11.0%** |
|  **United States – 11.0%** | **United States – 11.0%** | **United States – 11.0%** | **United States – 11.0%** | **United States – 11.0%** |
|  U.S. Treasury Notes <br>3.125%, 08/15/2025 |  | 20000 |  | 19568750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 01/15/2026 |  | 20000 |  | 19978125 |
|  Total Governments - Treasuries <br>(cost $39,664,683) | Total Governments - Treasuries <br>(cost $39,664,683) | Total Governments - Treasuries <br>(cost $39,664,683) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39546875 |
|  **AGENCIES – 8.4%** | **AGENCIES – 8.4%** | **AGENCIES – 8.4%** | **AGENCIES – 8.4%** | **AGENCIES – 8.4%** |
|  **Agency Debentures – 8.4%** | **Agency Debentures – 8.4%** | **Agency Debentures – 8.4%** | **Agency Debentures – 8.4%** | **Agency Debentures – 8.4%** |
|  Federal Home Loan Banks <br>4.50%, 10/03/2024 <br>(cost $29,971,621) |  | 30000 |  | 30011460 |
|  **ASSET-BACKED SECURITIES – 4.5%** | **ASSET-BACKED SECURITIES – 4.5%** | **ASSET-BACKED SECURITIES – 4.5%** | **ASSET-BACKED SECURITIES – 4.5%** | **ASSET-BACKED SECURITIES – 4.5%** |
|  **Autos - Fixed Rate – 4.2%** | **Autos - Fixed Rate – 4.2%** | **Autos - Fixed Rate – 4.2%** | **Autos - Fixed Rate – 4.2%** | **Autos - Fixed Rate – 4.2%** |
|  American Credit Acceptance Receivables Trust <br>Series 2023-1, Class A <br>5.449%, 09/14/2026<sup>(a) (d)</sup> |  | 1500 |  | 1497774 |
|  Carmax Auto Owner Trust <br>Series 2021-1, Class C <br>0.94%, 12/15/2026 |  | 500 |  | 453210 |
|  Carvana Auto Receivables Trust <br>Series 2021-N1, Class C <br>1.30%, 01/10/2028 |  | 468 |  | 434476 |
|  CPS Auto Receivables Trust<br>Series 2021-A, Class C<br>0.83%, 09/15/2026<sup>(a)</sup> |  | 314 |  | 310394 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-B, Class C<br>1.23%, 03/15/2027<sup>(a)</sup> |  | 1000 |  | 971465 |
|  DT Auto Owner Trust <br>Series 2021-1A, Class C <br>0.84%, 10/15/2026<sup>(a)</sup> |  | 500 |  | 482720 |
|  Exeter Automobile Receivables Trust <br>Series 2021-1A, Class C <br>0.74%, 01/15/2026 |  | 1453 |  | 1426007 |
|  Flagship Credit Auto Trust <br>Series 2023-1, Class A2 <br>5.70%, 12/15/2026<sup>(a)</sup> |  | 3000 |  | 2999832 |
|  Foursight Capital Automobile Receivables Trust<br>Series 2021-1, Class C<br>1.02%, 09/15/2026<sup>(a)</sup> |  | 850 |  | 813611 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-1, Class A2<br>5.43%, 10/15/2026<sup>(a)</sup> |  | 3000 |  | 2999745 |
|  JPMorgan Chase Bank NA - CACLN <br>Series 2021-1, Class B <br>0.875%, 09/25/2028<sup>(a)</sup> |  | 677 |  | 653504 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Westlake Automobile Receivables Trust <br>Series 2021-1A, Class C <br>0.95%, 03/16/2026<sup>(a)</sup> | $| 2000 | $| 1924671 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14967409 |
|  **Other ABS - Fixed Rate – 0.3%** | **Other ABS - Fixed Rate – 0.3%** | **Other ABS - Fixed Rate – 0.3%** | **Other ABS - Fixed Rate – 0.3%** | **Other ABS - Fixed Rate – 0.3%** |
|  Affirm Asset Securitization Trust <br>Series 2021-Z1, Class A <br>1.07%, 08/15/2025<sup>(a)</sup> |  | 284 |  | 276439 |
|  Domino's Pizza Master Issuer LLC <br>Series 2021-1A, Class A2I <br>2.662%, 04/25/2051<sup>(a)</sup> |  | 786 |  | 685194 |
|  Upstart Securitization Trust <br>Series 2021-1, Class A <br>0.87%, 03/20/2031<sup>(a)</sup> |  | 2 |  | 1606 |
|  |  |  |  | 963239 |
|  Total Asset-Backed Securities <br>(cost $16,332,427) | Total Asset-Backed Securities <br>(cost $16,332,427) | Total Asset-Backed Securities <br>(cost $16,332,427) |  | 15930648 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES – 0.6%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES – 0.6%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES – 0.6%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES – 0.6%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES – 0.6%** |
|  **Non-Agency Floating Rate CMBS – 0.6%** | **Non-Agency Floating Rate CMBS – 0.6%** | **Non-Agency Floating Rate CMBS – 0.6%** | **Non-Agency Floating Rate CMBS – 0.6%** | **Non-Agency Floating Rate CMBS – 0.6%** |
|  BAMLL Commercial Mortgage Securities Trust <br>Series 2017-SCH, Class AF <br>5.46% (LIBOR 1 Month + 1.00%), 11/15/2033<sup>(a) (b)</sup> |  | 1000 |  | 947121 |
|  DBWF Mortgage Trust <br>Series 2018-GLKS, Class A <br>5.60% (LIBOR 1 Month + 1.13%), 12/19/2030<sup>(a) (b)</sup> |  | 1000 |  | 979949 |
|  Invitation Homes Trust <br>Series 2018-SFR4, Class A <br>5.554% (LIBOR 1 Month + 1.10%), 01/17/2038<sup>(a) (b)</sup> |  | 313 |  | 311244 |
|  |  |  |  | 2238314 |
|  **Non-Agency Fixed Rate CMBS – 0.0%** | **Non-Agency Fixed Rate CMBS – 0.0%** | **Non-Agency Fixed Rate CMBS – 0.0%** | **Non-Agency Fixed Rate CMBS – 0.0%** | **Non-Agency Fixed Rate CMBS – 0.0%** |
|  LSTAR Commercial Mortgage Trust <br>Series 2016-4, Class A2 <br>2.579%, 03/10/2049<sup>(a)</sup> |  | 28 |  | 27886 |
|  Total Commercial Mortgage-Backed Securities <br>(cost $2,334,807) | Total Commercial Mortgage-Backed Securities <br>(cost $2,334,807) | Total Commercial Mortgage-Backed Securities <br>(cost $2,334,807) |  | 2266200 |
|  **CORPORATES - NON-INVESTMENT GRADE – 0.5%** | **CORPORATES - NON-INVESTMENT GRADE – 0.5%** | **CORPORATES - NON-INVESTMENT GRADE – 0.5%** | **CORPORATES - NON-INVESTMENT GRADE – 0.5%** | **CORPORATES - NON-INVESTMENT GRADE – 0.5%** |
|  **Industrial – 0.5%** | **Industrial – 0.5%** | **Industrial – 0.5%** | **Industrial – 0.5%** | **Industrial – 0.5%** |
|  **Consumer Cyclical - Automotive – 0.5%** | **Consumer Cyclical - Automotive – 0.5%** | **Consumer Cyclical - Automotive – 0.5%** | **Consumer Cyclical - Automotive – 0.5%** | **Consumer Cyclical - Automotive – 0.5%** |
|  Ford Motor Credit Co. LLC<br>4.95%, 05/28/2027 |  | 779 |  | 747692 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.35%, 11/04/2027 |  | 1000 |  | 1048720 |
|  Total Corporates - Non-Investment Grade <br>(cost $1,779,088) | Total Corporates - Non-Investment Grade <br>(cost $1,779,088) | Total Corporates - Non-Investment Grade <br>(cost $1,779,088) |  | 1796412 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **COLLATERALIZED MORTGAGE OBLIGATIONS – 0.2%** | **COLLATERALIZED MORTGAGE OBLIGATIONS – 0.2%** | **COLLATERALIZED MORTGAGE OBLIGATIONS – 0.2%** |
|  **Risk Share Floating Rate – 0.2%** | **Risk Share Floating Rate – 0.2%** | **Risk Share Floating Rate – 0.2%** |
|  Bellemeade Re Ltd. <br>Series 2019-3A, Class M1B <br>6.106% (LIBOR 1 Month + 1.60%), 07/25/2029<sup>(a) (b)</sup> | $32 | $32123 |
|  Federal Home Loan Mortgage Corp. Structured Agency Credit Risk Debt Notes<br>Series 2014-DN3, Class M3<br>8.506% (LIBOR 1 Month + 4.00%), 08/25/2024<sup>(b)</sup> | 33 | 33757 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-DNA1, Class M3<br>7.806% (LIBOR 1 Month + 3.30%), 10/25/2027<sup>(b)</sup> | 40 | 40147 |
|  Federal National Mortgage Association Connecticut Avenue Securities<br>Series 2014-C01, Class M2<br>8.906% (LIBOR 1 Month + 4.40%), 01/25/2024<sup>(b)</sup> | 121 | 124787 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-C03, Class 2M2<br>7.406% (LIBOR 1 Month + 2.90%), 07/25/2024<sup>(b)</sup> | 48 | 48180 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-C01, Class 1M2<br>11.256% (LIBOR 1 Month + 6.75%), 08/25/2028<sup>(b)</sup> | 189 | 201215 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-C02, Class 1M2<br>10.506% (LIBOR 1 Month + 6.00%), 09/25/2028<sup>(b)</sup> | 170 | 178840 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-C03, Class 1M2<br>9.806% (LIBOR 1 Month + 5.30%), 10/25/2028<sup>(b)</sup> | 103 | 106596 |
|  |  | 765645 |
|  **Agency Fixed Rate – 0.0%** | **Agency Fixed Rate – 0.0%** | **Agency Fixed Rate – 0.0%** |
|  Federal Home Loan Mortgage Corp. REMICs |  |  |
|  Series 4029, Class LD 1.75%, 01/15/2027 | 56 | 54522 |
|  Series 4459, Class CA 5.00%, 12/15/2034 | 18 | 17579 |
|  |  | 72101 |
|  Total Collateralized Mortgage Obligations <br>(cost $844,904) | Total Collateralized Mortgage Obligations <br>(cost $844,904) | 837746 |
|  | **Shares** |  |
|  **SHORT-TERM INVESTMENTS – 2.6%** | **SHORT-TERM INVESTMENTS – 2.6%** | **SHORT-TERM INVESTMENTS – 2.6%** |
|  **Investment Companies – 2.6%** | **Investment Companies – 2.6%** | **Investment Companies – 2.6%** |
|  AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 4.15%<sup>(e) (f) (g)</sup> <br>(cost $9,474,870) | 9474870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9474870 |

---

------

---

| | |
|:---|:---|
| | **U.S. $ Value** |
|  **Total Investments – 100.1%** <br> (cost $367,650,595)<sup>(h)</sup> | $358720927 |
|  Other assets less liabilities – (0.1)% | (207302) |
|  **Net Assets – 100.0%** | $**358513625** |

---

**CENTRALLY CLEARED INTEREST RATE SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | | **Rate Type** | **Rate Type** | | | | |
| **Notional<br>Amount**<br> **(000)** | **Notional<br>Amount**<br> **(000)** | <br>**Termination<br>Date** | **Payments<br>made<br>by the<br>Fund** | **Payments<br>received<br>by the<br>Fund** | **Payment<br>Frequency<br>Paid/<br>Received** | **Market<br>Value** | **Upfront<br>Premiums<br>Paid<br>(Received)** | **Unrealized<br>Appreciation<br>(Depreciation)** |
| USD | 44000 | 01/31/2024 | 1 Day SOFR | 1.031% | Annual | $(1594938) | $— | $(1594938) |
| USD | 16000 | 03/31/2025 | 1 Day SOFR | 4.121% | Annual | 14348 |  | 14348 |
| USD | 20000 | 03/31/2027 | 1.478% | 1 Day SOFR | Annual | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1714594 |  | 1714594 |
|  |  |  |  |  |  | $134004 | $— | $134004 |

---

**CREDIT DEFAULT SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Swap Counterparty & <br>Referenced Obligation** | **Fixed<br>Rate<br>(Pay)<br>Receive** | **Payment<br>Frequency** | **Implied<br>Credit<br>Spread at<br>January 31,<br>2023** | **Notional<br>Amount<br>(000)** | **Notional<br>Amount<br>(000)** | **Market<br>Value** | **Upfront<br>Premiums<br>Paid<br>(Received)** | **Unrealized<br>Appreciation<br>(Depreciation)** |
| **Sale Contracts** | **Sale Contracts** | **Sale Contracts** | **Sale Contracts** | **Sale Contracts** | **Sale Contracts** | **Sale Contracts** | **Sale Contracts** | **Sale Contracts** |
| Citigroup Global Markets, Inc. | Citigroup Global Markets, Inc. | Citigroup Global Markets, Inc. | Citigroup Global Markets, Inc. | Citigroup Global Markets, Inc. | Citigroup Global Markets, Inc. | Citigroup Global Markets, Inc. | Citigroup Global Markets, Inc. | Citigroup Global Markets, Inc. |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-CMBX.NA.A Series 6, 05/11/2063\* | 2.00% | Monthly | 7.50% | USD | 1111 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(161711) | $9816 | $&nbsp;&nbsp;&nbsp;&nbsp;(171527) |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-CMBX.NA.BBB- Series 6, 05/11/2063\* | 3.00 | Monthly | 7.50 | USD | 20 | (4827) | (1833) | (2994) |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-CMBX.NA.BBB- Series 6, 05/11/2063\* | 3.00 | Monthly | 7.50 | USD | 36 | (8902) | (4642) | (4260) |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-CMBX.NA.BBB- Series 6, 05/11/2063\* | 3.00 | Monthly | 7.50 | USD | 111 | (27156) | (10155) | (17001) |
| Credit Suisse International | Credit Suisse International | Credit Suisse International | Credit Suisse International | Credit Suisse International | Credit Suisse International | Credit Suisse International | Credit Suisse International | Credit Suisse International |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-CMBX.NA.BBB- Series 6, 05/11/2063\* | 3.00 | Monthly | 7.50 | USD | 11 | (2716) | (1041) | (1675) |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-CMBX.NA.BBB- Series 6, 05/11/2063\* | 3.00 | Monthly | 7.50 | USD | 139 | (33796) | (12969) | (20827) |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-CMBX.NA.BBB- Series 6, 05/11/2063\* | 3.00 | Monthly | 7.50 | USD | 207 | (50543) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18897) | (31646) |

---

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Swap Counterparty & <br>Referenced Obligation** | **Fixed<br>Rate<br>(Pay)<br>Receive** | **Payment<br>Frequency** | **Implied<br>Credit<br>Spread at<br>January 31,<br>2023** | **Notional<br>Amount<br>(000)** | **Notional<br>Amount<br>(000)** | **Market<br>Value** | **Upfront<br>Premiums<br>Paid<br>(Received)** | **Unrealized<br>Appreciation<br>(Depreciation)** |
| Goldman Sachs International | Goldman Sachs International | Goldman Sachs International | Goldman Sachs International | Goldman Sachs International | Goldman Sachs International | Goldman Sachs International | Goldman Sachs International | Goldman Sachs International |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-CMBX.NA.BBB- Series 6, 05/11/2063\* | 3.00% | Monthly | 7.50% | USD | 180 | $(43904) | $(15933) | $(27971) |
| JPMorgan Securities, LLC | JPMorgan Securities, LLC | JPMorgan Securities, LLC | JPMorgan Securities, LLC | JPMorgan Securities, LLC | JPMorgan Securities, LLC | JPMorgan Securities, LLC | JPMorgan Securities, LLC | JPMorgan Securities, LLC |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-CMBX.NA.BBB- Series 6, 05/11/2063\* | 3.00 | Monthly | 7.50 | USD | 659 | (160830) | (93122) | (67708) |
|  |  |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(494385) | $&nbsp;&nbsp;&nbsp;&nbsp;(148776) | $&nbsp;&nbsp;&nbsp;&nbsp;(345609) |

---

*\** *Termination date* 

*(a)* *Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities are considered restricted, but liquid and may be resold in transactions exempt from registration. At January 31, 2023, the aggregate market value of these securities amounted to $21,484,804 or 6.0% of net assets.* 

*(b)* *Floating Rate Security. Stated interest/floor/ceiling rate was in effect at January 31, 2023.* 

*(c)* *When-Issued or delayed delivery security.* 

*(d)* *Security in which significant unobservable inputs (Level 3) were used in determining fair value.* 

*(e)* *Affiliated investments.* 

*(f)* *To obtain a copy of the fund's shareholder report, please go to the Securities and Exchange Commission's website at www.sec.gov, or call AB at (800) 227-4618.* 

*(g)* *The rate shown represents the 7-day yield as of period end.* 

*(h)* *As of January 31, 2023, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $2,450,031 and gross unrealized depreciation of investments was $(11,591,304), resulting in net unrealized depreciation of $(9,141,273).* 

*Glossary:* 

*ABS – Asset-Backed Securities* 

*BSBY – Bloomberg Short-Term Bank Yield Index* 

*CDX-CMBX.NA – North American Commercial Mortgage-Backed Index* 

*CMBS – Commercial Mortgage-Backed Securities* 

*COP – Certificate of Participation* 

*LIBOR – London Interbank Offered Rate* 

*REIT – Real Estate Investment Trust* 

*REMICs – Real Estate Mortgage Investment Conduits* 

*SOFR – Secured Overnight Financing Rate* 

*UPMC – University of Pittsburgh Medical Center* 

------

**AB Taxable Multi-Sector Income Shares** 

**January 31, 2023 (unaudited)** 

In accordance with U.S. GAAP regarding fair value measurements, fair value is defined as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a framework for measuring fair value, and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability (including those valued based on their market values). Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Fund. Unobservable inputs reflect the Fund's own assumptions about the assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances. Each investment is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 - quoted prices in active markets for identical investments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates,
prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value
of investments)

The fair value of debt instruments, such as bonds, and over-the-counter derivatives is generally based on market price quotations, recently executed market transactions (where observable) or industry recognized modeling techniques and are generally classified as Level 2. Pricing vendor inputs to Level 2 valuations may include quoted prices for similar investments in active markets, interest rate curves, coupon rates, currency rates, yield curves, option adjusted spreads, default rates, credit spreads and other unique security features in order to estimate the relevant cash flows which is then discounted to calculate fair values. If these inputs are unobservable and significant to the fair value, these investments will be classified as Level 3. In addition, non-agency rated investments are classified as Level 3.

Other fixed income investments, including non-U.S. government and corporate debt, are generally valued using quoted market prices, if available, which are typically impacted by current interest rates, maturity dates and any perceived credit risk of the issuer. Additionally, in the absence of quoted market prices, these inputs are used by pricing vendors to derive a valuation based upon industry or proprietary models which incorporate issuer specific data with relevant yield/spread comparisons with more widely quoted bonds with similar key characteristics. Those investments for which there are observable inputs are classified as Level 2. Where the inputs are not observable, the investments are classified as Level 3.

Valuations of mortgage-backed or other asset backed securities, by pricing vendors, are based on both proprietary and industry recognized models and discounted cash flow techniques. Significant inputs to the valuation of these instruments are value of the collateral, the rates and timing of delinquencies, the rates and timing of prepayments, and default and loss expectations, which are driven in part by housing prices for residential mortgages. Significant inputs are determined based on relative value analyses, which incorporate comparisons to instruments with similar collateral and risk profiles, including relevant indices. Mortgage and asset backed securities for which management has collected current observable data through pricing services are generally categorized within Level 2. Those investments for which current observable data has not been provided are classified as Level 3.

------

The following table summarizes the valuation of the Fund's investments by the above fair value hierarchy levels as of January 31, 2023:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments in Securities:** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets:** |  |  |  |  |
| Corporates - Investment Grade | $— | $212046575 | $— | $212046575 |
| Local Governments - US Municipal Bonds |  | 46810141 |  | 46810141 |
| Governments - Treasuries |  | 39546875 |  | 39546875 |
| Agencies |  | 30011460 |  | 30011460 |
| Asset-Backed Securities |  | 14432874 | 1497774 | 15930648 |
| Commercial Mortgage-Backed Securities |  | 2266200 |  | 2266200 |
| Corporates - Non-Investment Grade |  | 1796412 |  | 1796412 |
| Collateralized Mortgage Obligations |  | 837746 |  | 837746 |
| Short-Term Investments | 9474870 |  |  | 9474870 |
| Total Investments in Securities | 9474870 | 347748283 | 1497774 | 358720927 |
| **Other Financial Instruments<sup>(a)</sup>:** |  |  |  |  |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Centrally Cleared Interest Rate Swaps |  | 1728942 |  | 1728942 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Centrally Cleared Interest Rate Swaps |  | (1594938) |  | (1594938) |
| Credit Default Swaps |  | (494385) |  | (494385) |
| **Total** | $**9474870** | $**347387902** | $**1497774** | $**358360546** |

---

*<sup>(a)</sup>* *Other financial instruments are derivative instruments, such as futures, forwards and swaps, which are valued at the unrealized appreciation (depreciation) on the instrument. Other financial instruments may also include swaps with upfront premiums, written options and written swaptions which are valued at market value.* 

A summary of the Fund's transactions in AB mutual funds for the nine months ended January 31, 2023 is as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Fund** | **Market Value**<br> **04/30/2022**<br> **(000)** | **Purchases**<br> **at Cost**<br> **(000)** | **Sales**<br> **Proceeds**<br> **(000)** | **Market Value**<br> **01/31/2023**<br> **(000)** | **Dividend**<br> **Income**<br> **(000)** |
| Government Money Market Portfolio | $5198 | $144106 | $139829 | $9475 | $139 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AB CORPORATE SHARES

- **b. Investment Company Act file number:** 811-21497

- **c. CIK number of Registrant:** 0001274676

- **d. LEI of Registrant:** 549300BBBXET1QJ4NU38

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

  - **Street Address 1:** ALLIANCEBERNSTEIN LP

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10105

  - **Telephone number:** 212-969-1000

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

- **a. Name of Series:** AB Taxable Multi-Sector Income Shares

- **b. EDGAR series identifier (if any):** S000029838

- **c. LEI of Series:** 549300L735J1X27FRL04

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

- **a. Date of fiscal year-end:** 2023-04-30

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $362995257.36

**Total Liabilities:** $4810648.96

**Net Assets:** $358184608.40

**Delayed Delivery Securities:** $3499935.80

**Cash Not Reported:** $943616.29

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -459.29000000 | **1-Year:** -3093.62000000 | **5-Year:** -2446.68000000 | **10-Year:** -449.40000000 | **30-Year:** -449.40000000

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

- **3-Month:** -1977.11000000 | **1-Year:** -10686.13000000 | **5-Year:** -2332.45000000 | **10-Year:** -1911.25000000 | **30-Year:** -1911.25000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000091758 | 1.05%                | 0.26%                | 1.08%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-821670.04              | $3720396.90                                |
| Month 2  | $-725402.58              | $611749.80                                 |
| Month 3  | $-315258.42              | $3311350.96                                |

**Designated Index Information**

- **Index Name:** Bloomberg US Aggregate Ex Government

- **Index Identifier:** I05128US

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SYNCHRONY BANK                                    | Synchrony Bank                                                                                            | CUSIP: 87166FAE3<br>LEI: 549300UATVPGSLE43Z27 | Long             | DBT              | CORP              | US        |   1865000 | PA      | $1856663.45   | 0.52%             | 2027-08-23      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                 | NatWest Group PLC                                                                                         | CUSIP: 780097BK6<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $1972880.00   | 0.55%             | 2025-03-22      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| Citigroup Global Markets, Inc.                    | Long: IS1UQM1   CDS USD R F  3.00000 IS1UQM1 CMBX / Short: IS1UQM1   CDS USD P V 01MEVENT IS1UQN2 CMBX    | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DCR              |  | US        |    111337 | OU      | $-27157.03    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| State of Connecticut                              | CONNECTICUT ST                                                                                            | CUSIP: 20772KNU9<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |    150000 | PA      | $147752.40    | 0.04%             | 2023-06-01      | Fixed         | 0.31%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue           | HAWAII ST ARPTS SYS REVENUE                                                                               | CUSIP: 419794F56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $931287.30    | 0.26%             | 2025-07-01      | Fixed         | 1.39%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                         | Apple Inc                                                                                                 | CUSIP: 037833AK6<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1242412.50   | 0.35%             | 2023-05-03      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                          | American Water Capital Corp                                                                               | CUSIP: 03040WAL9<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |   1135000 | PA      | $1108565.85   | 0.31%             | 2025-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Illinois Tool Works Inc                           | Illinois Tool Works Inc                                                                                   | CUSIP: 452308AT6<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1530423.50   | 0.43%             | 2024-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BELLEMEADE RE LT                                  | Bellemeade Re 2019-3 Ltd                                                                                  | CUSIP: 07877GAB5<br>LEI: 254900SCWI9IDKK5LV64 | Long             | ABS-MBS          | CORP              | BM        |     32133 | PA      | $32122.97     | 0.01%             | 2029-07-25      | Floating      | 6.11%                 | No            |                  2 | On Loan: No      |
| KITE REALTY GROUP TRUST                           | Kite Realty Group Trust                                                                                   | CUSIP: 76131VAA1<br>LEI: 549300OVTYLM7DH6CM14 | Long             | DBT              |  | US        |   1000000 | PA      | $964250.00    | 0.27%             | 2025-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue | DENVER CITY & CNTY CO ARPT REVENUE                                                                        | CUSIP: 249182PL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $707109.53    | 0.20%             | 2024-11-15      | Fixed         | 1.11%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                               | Nomura Holdings Inc                                                                                       | CUSIP: 65535HAR0<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |   2750000 | PA      | $2531100.00   | 0.71%             | 2025-07-16      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS                          | Air Products and Chemicals Inc                                                                            | CUSIP: 009158BB1<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1483760.00   | 0.41%             | 2025-10-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Verisk Analytics Inc                              | Verisk Analytics Inc                                                                                      | CUSIP: 92345YAD8<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2447900.00   | 0.68%             | 2025-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust             | Westlake Automobile Receivables Trust 2021-1                                                              | CUSIP: 96043FAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1924671.00   | 0.54%             | 2026-03-16      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| D.R. HORTON INC                                   | DR Horton Inc                                                                                             | CUSIP: 23331ABM0<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |   2875000 | PA      | $2767072.50   | 0.77%             | 2024-10-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HERSHEY COMPANY                                   | Hershey Co/The                                                                                            | CUSIP: 427866AX6<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1304646.00   | 0.36%             | 2026-08-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                               | CommonSpirit Health                                                                                       | CUSIP: 20268JAA1<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $966880.00    | 0.27%             | 2024-10-01      | Fixed         | 2.76%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                          | EQT Corp                                                                                                  | CUSIP: 26884LAH2<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   2350000 | PA      | $2376625.50   | 0.66%             | 2025-02-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Citigroup Global Markets, Inc.                    | Long: IS1NBC5   CDS USD R F  3.00000 IS1NBC5 CMBX / Short: IS1NBC5   CDS USD P V 01MEVENT IS1NBD6 CMBX    | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DCR              |  | US        |     19793 | OU      | $-4827.92     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Foursight Capital Automobile Receivables Trust    | Foursight Capital Automobile Receivables Trust 2021-1                                                     | CUSIP: 35105WAJ8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    850000 | PA      | $813611.33    | 0.23%             | 2026-09-15      | Fixed         | 1.02%                 | No            |                  2 | On Loan: No      |
| TRANSCONT GAS PIPE LINE                           | Transcontinental Gas Pipe Line Co LLC                                                                     | CUSIP: 893574AK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1665000 | PA      | $1607690.70   | 0.45%             | 2028-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                              | Bank of America Corp                                                                                      | CUSIP: 06051GGT0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1209375.00   | 0.34%             | 2025-10-01      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                       | Walmart Inc                                                                                               | CUSIP: 931142DP5<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    500000 | PA      | $492515.00    | 0.14%             | 2024-04-22      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority            | OKLAHOMA ST DEV FIN AUTH                                                                                  | CUSIP: 6789084C5<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   1760000 | PA      | $1710235.65   | 0.48%             | 2037-05-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Alliance Bernstein                                | AB Fixed Income Shares, Inc. - Government Money Market Portfolio                                          | CUSIP: 018616748<br>LEI: 5493006YWHO7MNK2U579 | Long             | STIV             | RF                | US        |   9474870 | NS      | $9474870.36   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                          | Sumitomo Mitsui Financial Group Inc                                                                       | CUSIP: 86562MCA6<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |   2600000 | PA      | $2387476.00   | 0.67%             | 2025-07-08      | Fixed         | 1.47%                 | No            |                  2 | On Loan: No      |
| Cardinal Health Inc                               | Cardinal Health Inc                                                                                       | CUSIP: 14149YBH0<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $974920.00    | 0.27%             | 2024-06-15      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| University of California                          | UNIV OF CALIFORNIA CA REVENUES                                                                            | CUSIP: 91412HLK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2587386.25   | 0.72%             | 2024-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Urban Development Corp             | NEW YORK ST URBAN DEV CORP REVENUE                                                                        | CUSIP: 650036DT0<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1300265.40   | 0.36%             | 2025-03-15      | Fixed         | 0.87%                 | No            |                  2 | On Loan: No      |
| DBWF Mortgage Trust                               | DBWF 2018-GLKS Mortgage Trust                                                                             | CUSIP: 23307GAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $979949.30    | 0.27%             | 2030-12-19      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                               | JPMorgan Chase & Co                                                                                       | CUSIP: 46647PBQ8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1778292.00   | 0.50%             | 2024-06-01      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| CPS Auto Trust                                    | CPS Auto Receivables Trust 2021-A                                                                         | CUSIP: 12656NAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    313962 | PA      | $310393.89    | 0.09%             | 2026-09-15      | Fixed         | 0.83%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                     | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                                              | CUSIP: 646140DN0<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1876984.80   | 0.52%             | 2025-01-01      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                           | Fidelity National Information Services Inc                                                                | CUSIP: 31620MBP0<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2241967.50   | 0.63%             | 2023-03-01      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Airport System Revenue       | BROWARD CNTY FL ARPT SYS REVENUE                                                                          | CUSIP: 114894ZM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $932021.70    | 0.26%             | 2026-10-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Credit Suisse International                       | Long: IS1N8C4   CDS USD R F  3.00000 IS1N8C4 CMBX / Short: IS1N8C4   CDS USD P V 01MEVENT IS1N8D5 CMBX    | CUSIP: 000000000<br>LEI: E58DKGMJYYYJLN8C3868 | N/A              | DCR              |  | GB        |    207211 | OU      | $-50542.26    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Cardinal Health Inc                               | Cardinal Health Inc                                                                                       | CUSIP: 14149YAY4<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $997740.00    | 0.28%             | 2023-03-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Upstart Securitization Trust                      | Upstart Securitization Trust 2021-1                                                                       | CUSIP: 91681NAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      1610 | PA      | $1605.67      | 0.00%             | 2031-03-20      | Fixed         | 0.87%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                    | Carvana Auto Receivables Trust 2021-N1                                                                    | CUSIP: 14687DAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    467954 | PA      | $434475.65    | 0.12%             | 2028-01-10      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue               | PORT OF PORTLAND OR ARPT REVENUE                                                                          | CUSIP: 735240Y49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1182349.68   | 0.33%             | 2023-07-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                               | Freddie Mac Structured Agency Credit Risk Debt Notes                                                      | CUSIP: 3137G0BK4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     33151 | PA      | $33756.94     | 0.01%             | 2024-08-25      | Floating      | 8.51%                 | No            |                  2 | On Loan: No      |
| UPMC                                              | UPMC                                                                                                      | CUSIP: 90320WAD5<br>LEI: 5493001YCBUGKVU74S74 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2173252.50   | 0.61%             | 2025-04-03      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                                 | TSMC Arizona Corp                                                                                         | CUSIP: 872898AA9<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |   2220000 | PA      | $1988742.60   | 0.56%             | 2026-10-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                               | Gilead Sciences Inc                                                                                       | CUSIP: 375558AW3<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1283152.00   | 0.36%             | 2024-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| OMNICOM GP/OMNICOM CAP                            | Omnicom Group Inc / Omnicom Capital Inc                                                                   | CUSIP: 681919BA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1961240.00   | 0.55%             | 2024-11-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                  | Hewlett Packard Enterprise Co                                                                             | CUSIP: 42824CBJ7<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |   1715000 | PA      | $1649401.25   | 0.46%             | 2024-04-01      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Reedy Creek Improvement District                  | REEDY CREEK FL IMPT DIST                                                                                  | CUSIP: 758449RU8<br>LEI: 549300DLSKH6SZ96KV94 | Long             | DBT              | MUN               | US        |    700000 | PA      | $692413.40    | 0.19%             | 2023-06-01      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                           | John Deere Capital Corp                                                                                   | CUSIP: 24422EVT3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998140.00    | 0.28%             | 2023-07-10      | Floating      | 4.44%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                           | GLP Capital LP / GLP Financing II Inc                                                                     | CUSIP: 361841AH2<br>LEI: N/A                  | Long             | DBT              |  | US        |   3000000 | PA      | $2996880.00   | 0.84%             | 2026-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                  | Hewlett Packard Enterprise Co                                                                             | CUSIP: 42824CBE8<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    500000 | PA      | $497635.00    | 0.14%             | 2023-04-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                   | Danske Bank A/S                                                                                           | CUSIP: 23636AAQ4<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |   2250000 | PA      | $2250607.50   | 0.63%             | 2023-09-12      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| Affirm Inc                                        | Affirm Asset Securitization Trust 2021-Z1                                                                 | CUSIP: 00834CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    283920 | PA      | $276439.03    | 0.08%             | 2025-08-15      | Fixed         | 1.07%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                    | Mastercard Inc                                                                                            | CUSIP: 57636QAN4<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2141415.00   | 0.60%             | 2025-03-03      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                       | Long: BS2DUL6   IRS USD R V 00MSOFR IS2DUM7 CCPOIS / Short: BS2DUL6   IRS USD P F  1.47800 IS2DUL6 CCPOIS | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  20000000 | OU      | $1714593.78   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Booking Holdings Inc                              | Booking Holdings Inc                                                                                      | CUSIP: 741503AW6<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $978540.00    | 0.27%             | 2025-03-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Credit Suisse International                       | Long: IS1NCU0   CDS USD R F  3.00000 IS1NCU0 CMBX / Short: IS1NCU0   CDS USD P V 01MEVENT IS1NCV1 CMBX    | CUSIP: 000000000<br>LEI: E58DKGMJYYYJLN8C3868 | N/A              | DCR              |  | GB        |     11134 | OU      | $-2715.71     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport              | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                              | CUSIP: 167593S60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1936867.40   | 0.54%             | 2024-01-01      | Fixed         | 1.17%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                          | Ford Motor Credit Co LLC                                                                                  | CUSIP: 345397C27<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    779000 | PA      | $747691.99    | 0.21%             | 2027-05-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                              | Parker-Hannifin Corp                                                                                      | CUSIP: 701094AJ3<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1619726.00   | 0.45%             | 2027-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                  | Fannie Mae Connecticut Avenue Securities                                                                  | CUSIP: 30711XBM5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    188621 | PA      | $201215.06    | 0.06%             | 2028-08-25      | Floating      | 11.26%                | No            |                  2 | On Loan: No      |
| AMERISOURCEBERGEN CORP                            | AmerisourceBergen Corp                                                                                    | CUSIP: 03073EAS4<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |    701000 | PA      | $697565.10    | 0.19%             | 2023-03-15      | Fixed         | 0.74%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs International                       | Long: IS1N5S9   CDS USD R F  3.00000 IS1N5S9 CMBX / Short: IS1N5S9   CDS USD P V 01MEVENT IS1N5T0 CMBX    | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              |  | GB        |    179995 | OU      | $-43903.88    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| EOG Resources Inc                                 | EOG Resources Inc                                                                                         | CUSIP: 26875PAP6<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1988300.00   | 0.56%             | 2026-01-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc                                 | Newell Brands Inc                                                                                         | CUSIP: 651229AW6<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    613000 | PA      | $582294.83    | 0.16%             | 2026-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| LSTAR Commercial Mortgage Trust                   | LSTAR Commercial Mortgage Trust 2016-4                                                                    | CUSIP: 50219QAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     27934 | PA      | $27886.13     | 0.01%             | 2049-03-10      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| Banc of America Merrill Lynch Large Loan Inc      | BAMLL Commercial Mortgage Securities Trust 2017-SCH                                                       | CUSIP: 054966AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $947120.70    | 0.26%             | 2033-11-15      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust               | Exeter Automobile Receivables Trust 2021-2                                                                | CUSIP: 30166RAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1452715 | PA      | $1426007.09   | 0.40%             | 2026-01-15      | Fixed         | 0.74%                 | No            |                  2 | On Loan: No      |
| County of Riverside CA                            | RIVERSIDE CNTY CA PENSN OBLG                                                                              | CUSIP: 76913CAX7<br>LEI: 254900CB5HEOBAVTY629 | Long             | DBT              | MUN               | US        |    200000 | PA      | $199825.46    | 0.06%             | 2023-02-15      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                            | Mitsubishi UFJ Financial Group Inc                                                                        | CUSIP: 606822BS2<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |   2300000 | PA      | $2109077.00   | 0.59%             | 2025-07-17      | Fixed         | 1.41%                 | No            |                  2 | On Loan: No      |
| PIONEER NATURAL RESOURCE                          | Pioneer Natural Resources Co                                                                              | CUSIP: 723787AT4<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | DBT              | CORP              | US        |   2680000 | PA      | $2425668.00   | 0.68%             | 2026-01-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                             | Wells Fargo & Co                                                                                          | CUSIP: 95000U2H5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1098261.50   | 0.31%             | 2025-10-30      | Fixed         | 2.41%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                            | Philip Morris International Inc                                                                           | CUSIP: 718172BQ1<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1939300.00   | 0.54%             | 2025-08-11      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| VF CORP                                           | VF Corp                                                                                                   | CUSIP: 918204BA5<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | DBT              | CORP              | US        |   1670000 | PA      | $1584228.80   | 0.44%             | 2025-04-23      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| TRANE TECHNOLOGIES LUX                            | Trane Technologies Luxembourg Finance SA                                                                  | CUSIP: 456873AB4<br>LEI: 549300GHBOWCVY92IS29 | Long             | DBT              | CORP              | LU        |   2000000 | PA      | $1959580.00   | 0.55%             | 2024-11-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| OVINTIV EXPLORATION INC                           | Ovintiv Exploration Inc                                                                                   | CUSIP: 651290AR9<br>LEI: T8W3X1PFLPW2YE0UIP44 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2214454.00   | 0.62%             | 2026-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CPS Auto Trust                                    | CPS Auto Receivables Trust 2021-B                                                                         | CUSIP: 12656QAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $971465.40    | 0.27%             | 2027-03-15      | Fixed         | 1.23%                 | No            |                  2 | On Loan: No      |
| United States Treasury                            | United States Treasury Note/Bond                                                                          | CUSIP: 91282CGE5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19978125.00  | 5.58%             | 2026-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                          | Microchip Technology Inc                                                                                  | CUSIP: 595017BA1<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $979960.00    | 0.27%             | 2025-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                  | FLORIDA ST DEV FIN CORP                                                                                   | CUSIP: 340618DE4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999397.20    | 0.28%             | 2056-12-01      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| Dollar Tree Inc                                   | Dollar Tree Inc                                                                                           | CUSIP: 256746AG3<br>LEI: 549300PMSTQITB1WHR43 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1964240.00   | 0.55%             | 2025-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                           | Exxon Mobil Corp                                                                                          | CUSIP: 30231GBH4<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1945460.00   | 0.54%             | 2025-03-19      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Power Agency                    | FLORIDA ST MUNI PWR AGY                                                                                   | CUSIP: 342816S22<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $886176.10    | 0.25%             | 2026-10-01      | Fixed         | 1.43%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                             | Continental Resources Inc/OK                                                                              | CUSIP: 212015AN1<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2942160.00   | 0.82%             | 2024-06-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Citigroup Global Markets, Inc.                    | Long: IS1PZ74   CDS USD R F  3.00000 IS1PZ74 CMBX / Short: IS1PZ74   CDS USD P V 01MEVENT IS1PZ85 CMBX    | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DCR              |  | US        |     36494 | OU      | $-8901.47     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                              | Las Vegas Sands Corp                                                                                      | CUSIP: 517834AG2<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |   2885000 | PA      | $2772975.45   | 0.77%             | 2024-08-08      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                    | Long: SS2IWD7   IRS USD R F  4.12050 IS2IWD7 CCPOIS / Short: SS2IWD7   IRS USD P V 00MSOFR IS2IWE8 CCPOIS | CUSIP: 000000000<br>LEI: IGJSJL3JD5P30I6NJZ34 | N/A              | DIR              |  | US        |  16000000 | OU      | $14348.29     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Waste Management Inc                              | Waste Management Inc                                                                                      | CUSIP: 94106LBD0<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |   1630000 | PA      | $1617986.90   | 0.45%             | 2023-05-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                              | Bank of America Corp                                                                                      | CUSIP: 06051GGF0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $961430.00    | 0.27%             | 2028-01-20      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency          | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                      | CUSIP: 57584YXM6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    385000 | PA      | $376218.84    | 0.11%             | 2023-10-01      | Fixed         | 1.49%                 | No            |                  2 | On Loan: No      |
| YMCA OF GREATER NY                                | YMCA of Greater New York                                                                                  | CUSIP: 98425BAU0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1765000 | PA      | $1599319.45   | 0.45%             | 2026-08-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                             | Toronto-Dominion Bank/The                                                                                 | CUSIP: 89114TZF2<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $1990240.00   | 0.56%             | 2024-09-10      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                               | JPMorgan Chase & Co                                                                                       | CUSIP: 46647PAU0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    725000 | PA      | $720171.50    | 0.20%             | 2024-07-23      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                            | Mizuho Financial Group Inc                                                                                | CUSIP: 60687YBF5<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |   2000000 | PA      | $1961380.00   | 0.55%             | 2024-07-10      | Fixed         | 1.24%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                 | Newell Brands Inc                                                                                         | CUSIP: 651229BB1<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    183000 | PA      | $178811.13    | 0.05%             | 2025-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Hess Corp                                         | Hess Corp                                                                                                 | CUSIP: 42809HAG2<br>LEI: UASVRYNXNK17ULIGK870 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1959660.00   | 0.55%             | 2027-04-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                          | Baxter International Inc                                                                                  | CUSIP: 071813CE7<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2222444.00   | 0.62%             | 2023-12-01      | Fixed         | 0.87%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                       | Freddie Mac REMICS                                                                                        | CUSIP: 3137BHTF4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     17523 | PA      | $17579.29     | 0.00%             | 2034-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                          | International Business Machines Corp                                                                      | CUSIP: 459200JZ5<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1930500.00   | 0.54%             | 2026-05-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                          | Rogers Communications Inc                                                                                 | CUSIP: 775109AW1<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $1994960.00   | 0.56%             | 2023-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                           | JACKSONVILLE FL SPL REVENUE                                                                               | CUSIP: 469487RN4<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1459359.60   | 0.41%             | 2023-10-01      | Fixed         | 0.59%                 | No            |                  2 | On Loan: No      |
| Inland Empire Tobacco Securitization Corp         | INLAND EMPIRE CA TOBACCO SECURITIZATION AUTH TOB SETTLEMENT                                               | CUSIP: 45734TAJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $727244.44    | 0.20%             | 2038-06-01      | Fixed         | 3.68%                 | No            |                  2 | On Loan: No      |
| PINNACLE WEST CAPITAL                             | Pinnacle West Capital Corp                                                                                | CUSIP: 723484AH4<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2479896.00   | 0.69%             | 2025-06-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| PARKER-HANNIFIN CORP                              | Parker-Hannifin Corp                                                                                      | CUSIP: 701094AM6<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $970010.00    | 0.27%             | 2024-06-14      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| HERSHEY COMPANY                                   | Hershey Co/The                                                                                            | CUSIP: 427866BF4<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1199224.00   | 0.33%             | 2025-06-01      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                          | Capital One Financial Corp                                                                                | CUSIP: 14040HCM5<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $946480.00    | 0.26%             | 2026-03-03      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| California Earthquake Authority                   | CALIFORNIA ST EARTHQUAKE AUTH                                                                             | CUSIP: 13017HAP1<br>LEI: 254900P2MGLOUH3QS859 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2035099.00   | 0.57%             | 2027-07-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                    | Morgan Stanley                                                                                            | CUSIP: 6174468J1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $966110.00    | 0.27%             | 2025-07-22      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| GEORGIA-PACIFIC LLC                               | Georgia-Pacific LLC                                                                                       | CUSIP: 37331NAM3<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1659857.50   | 0.46%             | 2024-05-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| JPMorgan Securities LLC                           | Long: IS1PYB1   CDS USD R F  3.00000 IS1PYB1 CMBX / Short: IS1PYB1   CDS USD P V 01MEVENT IS1PYC2 CMBX    | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DCR              |  | US        |    659365 | OU      | $-160830.00   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                           | John Deere Capital Corp                                                                                   | CUSIP: 24422EVF3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1548292.00   | 0.43%             | 2027-03-09      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                             | Wells Fargo & Co                                                                                          | CUSIP: 95000U2N2<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1740480.00   | 0.49%             | 2026-04-30      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                  | Fannie Mae Connecticut Avenue Securities                                                                  | CUSIP: 30711XAM6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     47692 | PA      | $48179.62     | 0.01%             | 2024-07-25      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                  | Fannie Mae Connecticut Avenue Securities                                                                  | CUSIP: 30711XCL6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    102905 | PA      | $106595.97    | 0.03%             | 2028-10-25      | Floating      | 9.81%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                            | BP Capital Markets America Inc                                                                            | CUSIP: 10373QAV2<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |   2035000 | PA      | $1935407.10   | 0.54%             | 2027-01-16      | Fixed         | 3.02%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                           | Exxon Mobil Corp                                                                                          | CUSIP: 30231GBL5<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |   1655000 | PA      | $1643729.45   | 0.46%             | 2023-04-15      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                         | Apple Inc                                                                                                 | CUSIP: 037833CU2<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    250000 | PA      | $244752.50    | 0.07%             | 2024-05-11      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                                       | Phillips 66                                                                                               | CUSIP: 718546AY0<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1821701.00   | 0.51%             | 2024-02-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                            | Marriott International Inc/MD                                                                             | CUSIP: 571903AW3<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1049716.00   | 0.29%             | 2025-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NIKE INC                                          | NIKE Inc                                                                                                  | CUSIP: 654106AH6<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2177235.00   | 0.61%             | 2025-03-27      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                          | American Water Capital Corp                                                                               | CUSIP: 03040WAK1<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1630579.50   | 0.46%             | 2024-03-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Eastman Chemical Co                               | Eastman Chemical Co                                                                                       | CUSIP: 277432AR1<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1952380.00   | 0.55%             | 2025-03-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority         | NEW JERSEY ST ECON DEV AUTH REVENUE                                                                       | CUSIP: 64577B6G4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1460710.51   | 0.41%             | 2023-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                           | Nationwide Building Society                                                                               | CUSIP: 63861VAC1<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $198350.00    | 0.06%             | 2024-08-01      | Fixed         | 4.36%                 | No            |                  2 | On Loan: No      |
| Tyson Foods Inc                                   | Tyson Foods Inc                                                                                           | CUSIP: 902494AX1<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2962620.00   | 0.83%             | 2024-08-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Finance Authority              | TOBACCO SETTLEMENT FIN AUTH WV ASSET BACKED                                                               | CUSIP: 88880LAV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    868516 | PA      | $803339.86    | 0.22%             | 2035-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                           | Carmax Auto Owner Trust 2021-1                                                                            | CUSIP: 14316NAF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $453210.35    | 0.13%             | 2026-12-15      | Fixed         | 0.94%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                          | Devon Energy Corp                                                                                         | CUSIP: 25179MBF9<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |   1745000 | PA      | $1685390.80   | 0.47%             | 2030-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority          | MET PIER & EXPOSITION AUTH IL REVENUE                                                                     | CUSIP: 592250EF7<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $998002.60    | 0.28%             | 2024-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                  | Fannie Mae Connecticut Avenue Securities                                                                  | CUSIP: 30711XAD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    121378 | PA      | $124787.14    | 0.03%             | 2024-01-25      | Floating      | 8.91%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                               | Gilead Sciences Inc                                                                                       | CUSIP: 375558BF9<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $974760.00    | 0.27%             | 2026-03-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Ohio Turnpike & Infrastructure Commission         | OHIO ST TURNPIKE COMMISSION                                                                               | CUSIP: 67760HMR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $699149.29    | 0.20%             | 2023-02-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                    | Morgan Stanley                                                                                            | CUSIP: 61744YAK4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $946920.00    | 0.26%             | 2028-07-22      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| Aircastle Ltd                                     | Aircastle Ltd                                                                                             | CUSIP: 00928QAQ4<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |   2500000 | PA      | $2447650.00   | 0.68%             | 2024-05-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| City of Glendale AZ                               | GLENDALE AZ COPS                                                                                          | CUSIP: 37828AAA7<br>LEI: 5493002BC35ZY7XRQ949 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2845355.40   | 0.79%             | 2024-07-01      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                 | HSBC Holdings PLC                                                                                         | CUSIP: 404280CE7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $953960.00    | 0.27%             | 2025-11-07      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                        | MICHIGAN ST FIN AUTH REVENUE                                                                              | CUSIP: 59447TXA6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $987254.20    | 0.28%             | 2049-09-01      | Floating      | 2.37%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia           | MUNI ELEC AUTH OF GA                                                                                      | CUSIP: 62620HCZ3<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    385000 | PA      | $342801.00    | 0.10%             | 2027-01-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                    | Salesforce Inc                                                                                            | CUSIP: 79466LAE4<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |    625000 | PA      | $623093.75    | 0.17%             | 2023-04-11      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| KYNDRYL HOLDINGS INC                              | Kyndryl Holdings Inc                                                                                      | CUSIP: 50155QAJ9<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |   1751000 | PA      | $1509817.26   | 0.42%             | 2026-10-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Invitation Homes Trust                            | Invitation Homes 2018-SFR4 Trust                                                                          | CUSIP: 46187XAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    313484 | PA      | $311244.15    | 0.09%             | 2038-01-17      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                               | American Tower Corp                                                                                       | CUSIP: 03027XAT7<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |   2100000 | PA      | $2054808.00   | 0.57%             | 2024-05-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                           | Canadian Natural Resources Ltd                                                                            | CUSIP: 136385AT8<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |   3000000 | PA      | $2954790.00   | 0.82%             | 2024-04-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                     | MASSACHUSETTS ST SPL OBLG REVENUE                                                                         | CUSIP: 576004HG3<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1976216.80   | 0.55%             | 2031-07-15      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                          | National Rural Utilities Cooperative Finance Corp                                                         | CUSIP: 637432NP6<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1911760.00   | 0.53%             | 2028-02-07      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| AmerisourceBergen Corp                            | AmerisourceBergen Corp                                                                                    | CUSIP: 03073EAM7<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1306840.50   | 0.36%             | 2025-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                               | Freddie Mac Structured Agency Credit Risk Debt Notes                                                      | CUSIP: 3137G0EW5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     39629 | PA      | $40147.47     | 0.01%             | 2027-10-25      | Floating      | 7.81%                 | No            |                  2 | On Loan: No      |
| Citigroup Global Markets, Inc.                    | Long: IS1ZQ82   CDS USD R F  2.00000 IS1ZQ82 CMBX / Short: IS1ZQ82   CDS USD P V 01MEVENT IS1ZQ93 CMBX    | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DCR              |  | US        |   1111328 | OU      | $-161710.64   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                              | Bank of America Corp                                                                                      | CUSIP: 06051GJX8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $993060.00    | 0.28%             | 2024-05-28      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                       | Oracle Corp                                                                                               | CUSIP: 68389XBT1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   3100000 | PA      | $2956036.00   | 0.83%             | 2025-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                              | CONNECTICUT ST                                                                                            | CUSIP: 20772KQH5<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $976652.90    | 0.27%             | 2025-06-15      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                            | General Motors Financial Co Inc                                                                           | CUSIP: 37045XDT0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1491555.00   | 0.42%             | 2025-04-07      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                           | Goldman Sachs Group Inc/The                                                                               | CUSIP: 38141GWV2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1889200.00   | 0.53%             | 2029-04-23      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                            | Federal Home Loan Banks                                                                                   | CUSIP: 3130ATT31<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |  30000000 | PA      | $30011460.00  | 8.38%             | 2024-10-03      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority              | KANSAS ST DEV FIN AUTH REVENUE                                                                            | CUSIP: 48542RSF2<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1400114.06   | 0.39%             | 2023-05-01      | Fixed         | 0.41%                 | No            |                  2 | On Loan: No      |
| Costco Wholesale Corp                             | Costco Wholesale Corp                                                                                     | CUSIP: 22160KAL9<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $979940.00    | 0.27%             | 2024-05-18      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                    | Morgan Stanley                                                                                            | CUSIP: 61744YAQ1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1992900.00   | 0.56%             | 2024-04-24      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| LYONDELLBASELL IND NV                             | LyondellBasell Industries NV                                                                              | CUSIP: 552081AK7<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | DBT              | CORP              | NL        |   1140000 | PA      | $1145791.20   | 0.32%             | 2024-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                 | HSBC Holdings PLC                                                                                         | CUSIP: 404280CJ6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   2210000 | PA      | $2037045.40   | 0.57%             | 2026-04-18      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                       | Freddie Mac REMICS                                                                                        | CUSIP: 3137APFR6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     56460 | PA      | $54521.86     | 0.02%             | 2027-01-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Receivables Trust      | American Credit Acceptance Receivables Trust 2023-1                                                       | CUSIP: 02530UAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1497773.45   | 0.42%             | 2026-09-14      | Fixed         | 5.45%                 | No            |                  3 | On Loan: No      |
| Pennsylvania Turnpike Commission                  | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE                                                      | CUSIP: 709224W54<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    760000 | PA      | $720435.08    | 0.20%             | 2025-12-01      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| Simon Property Group LP                           | Simon Property Group LP                                                                                   | CUSIP: 828807CV7<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |   1000000 | PA      | $971720.00    | 0.27%             | 2025-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                     | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                                              | CUSIP: 646140DM2<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $966329.20    | 0.27%             | 2024-01-01      | Fixed         | 0.64%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp          | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                                               | CUSIP: 38122ND74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $346416.46    | 0.10%             | 2031-06-01      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority              | COLORADO ST HLTH FACS AUTH REVENUE                                                                        | CUSIP: 19648FNL4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1029766.40   | 0.29%             | 2023-11-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                  | T-Mobile USA Inc                                                                                          | CUSIP: 87264ABU8<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   1402000 | PA      | $1309916.64   | 0.37%             | 2026-04-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank, NA - CACLN                   | JPMorgan Chase Bank NA - CACLN                                                                            | CUSIP: 46591HBR0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    677312 | PA      | $653503.87    | 0.18%             | 2028-09-25      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| EIDP INC                                          | EIDP Inc                                                                                                  | CUSIP: 263534CN7<br>LEI: GLU7INWNWH88J9XBXD45 | Long             | DBT              | CORP              | US        |   1265000 | PA      | $1181775.65   | 0.33%             | 2025-07-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Southern Copper Corp                              | Southern Copper Corp                                                                                      | CUSIP: 84265VAH8<br>LEI: 2549007U6NAP46Q9TU15 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $966870.00    | 0.27%             | 2025-04-23      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                      | ING Groep NV                                                                                              | CUSIP: 456837AX1<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   1350000 | PA      | $1307124.00   | 0.36%             | 2027-04-01      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                             | Republic Services Inc                                                                                     | CUSIP: 760759AU4<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $964930.00    | 0.27%             | 2024-08-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority         | NEW JERSEY ST ECON DEV AUTH                                                                               | CUSIP: 64578EMK0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1058314.95   | 0.30%             | 2026-03-01      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                          | Ford Motor Credit Co LLC                                                                                  | CUSIP: 345397C35<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1048720.00   | 0.29%             | 2027-11-04      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority | GUAM INTERNATIONAL ARPT AUTH                                                                              | CUSIP: 40064REC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $689613.70    | 0.19%             | 2025-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                       | Long: SS2DUN8   IRS USD R F  1.03100 IS2DUN8 CCPOIS / Short: SS2DUN8   IRS USD P V 00MSOFR IS2DUO9 CCPOIS | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  44000000 | OU      | $-1624610.05  | -0.45%            |  |  |  | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                          | Caterpillar Financial Services Corp                                                                       | CUSIP: 14913R2R7<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $996560.00    | 0.28%             | 2024-09-13      | Floating      | 4.56%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                    | Air Lease Corp                                                                                            | CUSIP: 00914AAF9<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $941280.00    | 0.26%             | 2025-02-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                                        | Cigna Corp                                                                                                | CUSIP: 125523AG5<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $988710.00    | 0.28%             | 2025-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CHEVRON CORP                                      | Chevron Corp                                                                                              | CUSIP: 166764BV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1665000 | PA      | $1648116.90   | 0.46%             | 2023-05-11      | Fixed         | 1.14%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                 | TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE                                                          | CUSIP: 880443JG2<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1994458.40   | 0.56%             | 2028-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                   | McDonald's Corp                                                                                           | CUSIP: 58013MEU4<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $975170.00    | 0.27%             | 2025-05-26      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                            | General Motors Financial Co Inc                                                                           | CUSIP: 37045XCR5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1498320.00   | 0.42%             | 2024-01-17      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| CNH INDUSTRIAL CAP LLC                            | CNH Industrial Capital LLC                                                                                | CUSIP: 12592BAK0<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1972100.00   | 0.55%             | 2023-07-02      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Dominos Pizza Master Issuer LLC                   | Domino's Pizza Master Issuer LLC                                                                          | CUSIP: 25755TAN0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    786000 | PA      | $685193.93    | 0.19%             | 2051-04-25      | Fixed         | 2.66%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                    | Amazon.com Inc                                                                                            | CUSIP: 023135AW6<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    875000 | PA      | $873915.00    | 0.24%             | 2023-02-22      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                     | Citigroup Inc                                                                                             | CUSIP: 172967MQ1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2396375.00   | 0.67%             | 2026-04-08      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                           | Southern Co Gas Capital Corp                                                                              | CUSIP: 8426EPAA6<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2160048.00   | 0.60%             | 2023-10-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                              | CONNECTICUT ST                                                                                            | CUSIP: 20772KNV7<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $948260.90    | 0.26%             | 2024-06-01      | Fixed         | 0.51%                 | No            |                  2 | On Loan: No      |
| City of New York NY                               | NEW YORK NY                                                                                               | CUSIP: 64966QRG7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1594193.90   | 0.45%             | 2023-08-01      | Fixed         | 0.59%                 | No            |                  2 | On Loan: No      |
| SHIRE ACQ INV IRELAND DA                          | Shire Acquisitions Investments Ireland DAC                                                                | CUSIP: 82481LAC3<br>LEI: 549300XK5HGW68R8K327 | Long             | DBT              | CORP              | IE        |    640000 | PA      | $629984.00    | 0.18%             | 2023-09-23      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE COMMUNITY                              | Enterprise Community Loan Fund Inc                                                                        | CUSIP: 29375EAB1<br>LEI: 549300L4U1958WIM9C65 | Long             | DBT              | CORP              | US        |   1180000 | PA      | $1165792.80   | 0.33%             | 2023-11-01      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                           | MPLX LP                                                                                                   | CUSIP: 55336VAR1<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   1685000 | PA      | $1618358.25   | 0.45%             | 2028-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                      | Barclays PLC                                                                                              | CUSIP: 06738EBQ7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   1500000 | PA      | $1443495.00   | 0.40%             | 2024-12-10      | Fixed         | 1.01%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                              | Bank of America Corp                                                                                      | CUSIP: 06051GHR3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    500000 | PA      | $490410.00    | 0.14%             | 2025-03-15      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                        | Zoetis Inc                                                                                                | CUSIP: 98978VAB9<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000000.00   | 0.28%             | 2023-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                              | WEC Energy Group Inc                                                                                      | CUSIP: 92939UAF3<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2291592.00   | 0.64%             | 2024-03-15      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| BAYLOR SCOTT & WHITE HOL                          | Baylor Scott & White Holdings                                                                             | CUSIP: 072863AG8<br>LEI: 549300JQDKSBWYRGGV95 | Long             | DBT              | CORP              | US        |   2275000 | PA      | $2051777.00   | 0.57%             | 2025-11-15      | Fixed         | 0.83%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                               | JPMorgan Chase & Co                                                                                       | CUSIP: 46647PCG9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1288560.00   | 0.36%             | 2025-06-01      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                             | Alibaba Group Holding Ltd                                                                                 | CUSIP: 01609WAQ5<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |   1500000 | PA      | $1459575.00   | 0.41%             | 2024-11-28      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| United States Treasury                            | United States Treasury Note/Bond                                                                          | CUSIP: 91282CFE6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19568750.00  | 5.46%             | 2025-08-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                       | KeyBank NA/Cleveland OH                                                                                   | CUSIP: 49327M3A0<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1996860.00   | 0.56%             | 2024-01-03      | Variable      | 4.66%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue         | HOUSTON TX ARPT SYS REVENUE                                                                               | CUSIP: 442349EL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $952771.30    | 0.27%             | 2024-07-01      | Fixed         | 1.27%                 | No            |                  2 | On Loan: No      |
| Credit Suisse International                       | Long: IS1NQY2   CDS USD R F  3.00000 IS1NQY2 CMBX / Short: IS1NQY2   CDS USD P V 01MEVENT IS1NQZ3 CMBX    | CUSIP: 000000000<br>LEI: E58DKGMJYYYJLN8C3868 | N/A              | DCR              |  | GB        |    138553 | OU      | $-33795.43    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| NUCOR CORP                                        | Nucor Corp                                                                                                | CUSIP: 670346AR6<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |   2640000 | PA      | $2481732.00   | 0.69%             | 2025-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AutoZone Inc                                      | AutoZone Inc                                                                                              | CUSIP: 053332AR3<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1933440.00   | 0.54%             | 2025-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                      | Barclays PLC                                                                                              | CUSIP: 06738EBH7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $980080.00    | 0.27%             | 2025-05-07      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| City of New York NY                               | NEW YORK NY                                                                                               | CUSIP: 64966QZX1<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    380000 | PA      | $349925.89    | 0.10%             | 2025-08-01      | Fixed         | 0.98%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                     | Citigroup Inc                                                                                             | CUSIP: 172967MR9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $989730.00    | 0.28%             | 2024-05-15      | Fixed         | 1.68%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority             | MET TRANSPRTN AUTH NY REVENUE                                                                             | CUSIP: 59261AXR3<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2049759.40   | 0.57%             | 2048-11-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp                                    | Air Lease Corp                                                                                            | CUSIP: 00912XBC7<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    300000 | PA      | $298323.00    | 0.08%             | 2023-07-03      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                               | Charles Schwab Corp/The                                                                                   | CUSIP: 808513BM6<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3000420.00   | 0.84%             | 2024-03-18      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                        | Fiserv Inc                                                                                                | CUSIP: 337738AS7<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2180272.50   | 0.61%             | 2024-07-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| State Board of Administration Finance Corp        | FLORIDA ST BRD OF ADMIN FIN CORP REVENUE                                                                  | CUSIP: 341271AD6<br>LEI: 549300S34SOJ0RULXM35 | Long             | DBT              | MUN               | US        |   1010000 | PA      | $932304.13    | 0.26%             | 2025-07-01      | Fixed         | 1.26%                 | No            |                  2 | On Loan: No      |
| Discover Bank                                     | Discover Bank                                                                                             | CUSIP: 25466AAJ0<br>LEI: X05BVSK68TQ7YTOSNR22 | Long             | DBT              | CORP              | US        |   2385000 | PA      | $2264104.35   | 0.63%             | 2026-07-27      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| EMERSON ELECTRIC CO                               | Emerson Electric Co                                                                                       | CUSIP: 291011BL7<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1785860.00   | 0.50%             | 2027-10-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| DT Auto Owner Trust                               | DT Auto Owner Trust 2021-1                                                                                | CUSIP: 23344GAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $482719.75    | 0.13%             | 2026-10-15      | Fixed         | 0.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                  | Fannie Mae Connecticut Avenue Securities                                                                  | CUSIP: 30711XCB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    170367 | PA      | $178840.06    | 0.05%             | 2028-09-25      | Floating      | 10.51%                | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                 | Sysco Corp                                                                                                | CUSIP: 871829AZ0<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2438825.00   | 0.68%             | 2025-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-28

**Name of Applicant:** AB CORPORATE SHARES

**Signature:** Joseph Mantineo

**Name of Signer:** Joseph Mantineo

**Title:** Treasurer and Chief Financial Officer