# EDGAR Filing Document

**Accession Number:** 0000896435
**File Stem:** 0001752724-23-049867
**Filing Date:** 2023-3
**Character Count:** 154119
**Document Hash:** 22b56c745e556197231b3fc96dfdbdbd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-049867.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001752724-23-049867

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)
- **CENTRAL INDEX KEY:** 0000896435
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07452
- **FILM NUMBER:** 23691735

**BUSINESS ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046
- **BUSINESS PHONE:** 7136261919

**MAIL ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM VARIABLE INSURANCE FUNDS
- **DATE OF NAME CHANGE:** 20000719

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM VARIABLE INSURANCE FUNDS INC
- **DATE OF NAME CHANGE:** 19930714

## Series and Classes Contracts Data

### INVESCO V.I. EQUITY AND INCOME FUND (Series ID: S000027873)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000084643 | SERIES I     |  |
| C000084644 | SERIES II    |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AIM Variable Insurance Funds (Invesco Variable Insurance Funds)

- **b. Investment Company Act file number:** 811-07452

- **c. CIK number of Registrant:** 0000896435

- **d. LEI of Registrant:** FC4UULIMJMGKBDUARB13

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

  - **Street Address 1:** 11 Greenway Plaza

  - **City:** Houston

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 77046-1173

  - **Telephone number:** 800-959-4246

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

- **a. Name of Series:** Invesco V.I. Equity and Income Fund

- **b. EDGAR series identifier (if any):** S000027873

- **c. LEI of Series:** 549300OMRSAT1M3Z5487

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $1188952525.21

**Total Liabilities:** $88514979.05

**Net Assets:** $1100437546.16

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -428.27084536 | **1-Year:** -7240.21044571 | **5-Year:** -16533.55770924 | **10-Year:** -34374.13760850 | **30-Year:** -22535.91402072

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

- **3-Month:** -31.48915456 | **1-Year:** -8175.99734593 | **5-Year:** -4590.45943438 | **10-Year:** -81.19801288 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000084643 | 7.93%                | 4.12%                | -3.30%               |
| Class ID C000084644 | 7.87%                | 4.08%                | -3.26%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1794225.77              | $77907221.31                               |
| Month 2  | $4083409.13              | $39322665.50                               |
| Month 3  | $5281502.60              | $-44718205.86                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CBRE Group, Inc.                                                                    | CBRE Group, Inc., Class A                                                           | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |    207255 | NS      | $15950344.80  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Note/Bond                                                    | United States Treasury Note/Bond                                                    | CUSIP: 912810TJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3591000 | PA      | $2959769.53   | 0.27%             | 2052-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | Forward Foreign Currency Contract                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-1956.30     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Invesco Treasury Portfolio                                                          | Invesco Treasury Portfolio, Institutional Class                                     | CUSIP: 825252406<br>LEI: 5493004B3TM8ZIDDDC39 | Long             | STIV             | RF                | US        |  19978434 | NS      | $19978434.01  | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                                                                   | Wells Fargo & Co.                                                                   | CUSIP: 94974BFY1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    505000 | PA      | $489608.54    | 0.04%             | 2026-06-03      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| CVS Pass-Through Trust                                                              | CVS Pass-Through Trust                                                              | CUSIP: 126650BP4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    453680 | PA      | $447035.01    | 0.04%             | 2028-12-10      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| Block, Inc.                                                                         | Block, Inc., Conv.                                                                  | CUSIP: 852234AF0<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |   4256000 | PA      | $4069800.00   | 0.37%             | 2025-03-01      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Exxon Mobil Corp.                                                                   | Exxon Mobil Corp.                                                                   | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    170438 | NS      | $18799311.40  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp.                                                                         | FedEx Corp.                                                                         | CUSIP: 31428XAX4<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |    402000 | PA      | $381228.61    | 0.03%             | 2034-01-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Allstate Corp. (The)                                                                | Allstate Corp. (The)                                                                | CUSIP: 020002BD2<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |    302000 | PA      | $287161.69    | 0.03%             | 2026-12-15      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc.                                                          | Rogers Communications Inc.                                                          | CUSIP: 775109BG5<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |   1394000 | PA      | $1056662.34   | 0.10%             | 2048-02-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                                               | Athene Global Funding                                                               | CUSIP: 04685A2J9<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    260000 | PA      | $247445.12    | 0.02%             | 2024-06-25      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| PayPal Holdings, Inc.                                                               | PayPal Holdings, Inc.                                                               | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |    114175 | NS      | $8131543.50   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.                                                    | Philip Morris International Inc.                                                    | CUSIP: 718172BD0<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   1102000 | PA      | $968381.75    | 0.09%             | 2043-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| EPR Properties                                                                      | EPR Properties                                                                      | CUSIP: 26884UAC3<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |   1556000 | PA      | $1400132.49   | 0.13%             | 2026-12-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Splunk Inc.                                                                         | Splunk Inc., Conv.                                                                  | CUSIP: 848637AF1<br>LEI: 549300XGDSGBP6UEI867 | Long             | DBT              | CORP              | US        |   7967000 | PA      | $6762389.60   | 0.61%             | 2027-06-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| Discovery Communications, LLC                                                       | Discovery Communications, LLC                                                       | CUSIP: 25470DAL3<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    367000 | PA      | $356317.28    | 0.03%             | 2026-03-11      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| AMG Capital Trust II                                                                | AMG Capital Trust II, Conv. Pfd.                                                    | CUSIP: 00170F209<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     44432 | NS      | $2277584.32   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Georgia Power Co.                                                                   | Georgia Power Co., Series B                                                         | CUSIP: 373334KN0<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    350000 | PA      | $262237.04    | 0.02%             | 2050-01-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc.                                                                         | AbbVie Inc.                                                                         | CUSIP: 00287YAR0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    694000 | PA      | $645342.57    | 0.06%             | 2035-05-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc.                        | Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc.                        | CUSIP: 03522AAJ9<br>LEI: 5493000EYEKDT0FBSQ91 | Long             | DBT              | CORP              | US        |    538000 | PA      | $491794.26    | 0.04%             | 2046-02-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Amazon.com, Inc.                                                                    | Amazon.com, Inc.                                                                    | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     96749 | NS      | $8126916.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics, Inc.                                                         | Halozyme Therapeutics, Inc., Conv.                                                  | CUSIP: 40637HAE9<br>LEI: 529900242I3SV9AGM753 | Long             | DBT              | CORP              | US        |    559000 | PA      | $661366.88    | 0.06%             | 2028-08-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp.                                                        | American Honda Finance Corp.                                                        | CUSIP: 02665WDC2<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   1540000 | PA      | $1539418.48   | 0.14%             | 2023-01-10      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Mead Johnson Nutrition Co.                                                          | Mead Johnson Nutrition Co.                                                          | CUSIP: 582839AH9<br>LEI: E4BJRFT3MF4GJDY1SC50 | Long             | DBT              | CORP              | US        |     63000 | PA      | $61761.36     | 0.01%             | 2025-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp.                                                                     | Starbucks Corp.                                                                     | CUSIP: 855244AT6<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    705000 | PA      | $651194.24    | 0.06%             | 2029-08-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: —       |
| Microchip Technology Inc.                                                           | Microchip Technology Inc., Conv.                                                    | CUSIP: 595017AU8<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |   5161000 | PA      | $5560977.50   | 0.51%             | 2024-11-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                                  | T-Mobile USA, Inc.                                                                  | CUSIP: 87264ACQ6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   1074000 | PA      | $870584.83    | 0.08%             | 2032-03-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Telefonica Emisiones S.A.U.                                                         | Telefonica Emisiones S.A.U.                                                         | CUSIP: 87938WAV5<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |    750000 | PA      | $594994.61    | 0.05%             | 2038-03-06      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| VMware, Inc.                                                                        | VMware, Inc.                                                                        | CUSIP: 928563AH8<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |   1509000 | PA      | $1405035.00   | 0.13%             | 2024-08-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Jazz Investments I Ltd.                                                             | Jazz Investments I Ltd., Conv.                                                      | CUSIP: 472145AF8<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   1556000 | PA      | $1857475.00   | 0.17%             | 2026-06-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| America Movil, S.A.B. de C.V.                                                       | America Movil, S.A.B. de C.V.                                                       | CUSIP: 02364WBE4<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |    600000 | PA      | $512779.62    | 0.05%             | 2042-07-16      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Magallanes, Inc.                                                                    | Magallanes, Inc.                                                                    | CUSIP: 55903VAU7<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   1720000 | PA      | $1644273.65   | 0.15%             | 2025-03-15      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                        | Oracle Corp.                                                                        | CUSIP: 68389XBW4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    965000 | PA      | $711429.26    | 0.06%             | 2040-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Amazon.com, Inc.                                                                    | Amazon.com, Inc.                                                                    | CUSIP: 023135AP1<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |      9000 | PA      | $9011.81      | 0.00%             | 2034-12-05      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co.                                                            | Bristol-Myers Squibb Co.                                                            | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |    181567 | NS      | $13063745.65  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrick Gold Corp.                                                                  | Barrick Gold Corp.                                                                  | CUSIP: 067901108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |    346469 | NS      | $5952337.42   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc.                                                                         | AbbVie Inc.                                                                         | CUSIP: 00287YCA5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   1322000 | PA      | $1137087.99   | 0.10%             | 2039-11-21      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Booking Holdings Inc.                                                               | Booking Holdings Inc., Conv.                                                        | CUSIP: 09857LAN8<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | DBT              | CORP              | US        |    396000 | PA      | $529414.00    | 0.05%             | 2025-05-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Intel Corp.                                                                         | Intel Corp.                                                                         | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |    189091 | NS      | $4997675.13   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Molson Coors Beverage Co.                                                           | Molson Coors Beverage Co.                                                           | CUSIP: 60871RAH3<br>LEI: 54930073LBBH6ZCBE225 | Long             | DBT              | CORP              | US        |    377000 | PA      | $293970.00    | 0.03%             | 2046-07-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Exxon Mobil Corp.                                                                   | Exxon Mobil Corp.                                                                   | CUSIP: 30231GAF9<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    549000 | PA      | $525415.44    | 0.05%             | 2025-03-06      | Fixed         | 2.71%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp.                                                                 | Union Pacific Corp.                                                                 | CUSIP: 907818FG8<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    519000 | PA      | $403833.85    | 0.04%             | 2060-03-20      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| Rockwell Automation, Inc.                                                           | Rockwell Automation, Inc.                                                           | CUSIP: 773903AL3<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | DBT              | CORP              | US        |    307000 | PA      | $243841.69    | 0.02%             | 2031-08-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| United Airlines Pass-Through Trust                                                  | United Airlines Pass-Through Trust, Series A                                        | CUSIP: 210795PZ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    247576 | PA      | $239933.73    | 0.02%             | 2024-04-11      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Aviation Capital Group LLC                                                          | Aviation Capital Group LLC                                                          | CUSIP: 05367AAH6<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    709000 | PA      | $668932.81    | 0.06%             | 2025-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Phillips 66                                                                         | Phillips 66                                                                         | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     10801 | NS      | $1124168.08   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Oglethorpe Power Corp. (An Electric Membership Corp.)                               | Oglethorpe Power Corp. (An Electric Membership Corp.)                               | CUSIP: 677050AK2<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |    679000 | PA      | $528790.59    | 0.05%             | 2044-06-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                                                | American Express Co.                                                                | CUSIP: 025816CV9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   2490000 | PA      | $2440606.42   | 0.22%             | 2024-05-03      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Magallanes, Inc.                                                                    | Magallanes, Inc.                                                                    | CUSIP: 55903VAQ6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   1036000 | PA      | $757137.09    | 0.07%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| CubeSmart, L.P.                                                                     | CubeSmart, L.P.                                                                     | CUSIP: 22966RAJ5<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              | CORP              | US        |   1063000 | PA      | $815314.60    | 0.07%             | 2032-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Tripadvisor, Inc.                                                                   | Tripadvisor, Inc., Conv.                                                            | CUSIP: 896945AD4<br>LEI: 549300XVG45PT5BART17 | Long             | DBT              | CORP              | US        |    338000 | PA      | $271583.00    | 0.02%             | 2026-04-01      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Fiserv, Inc.                                                                        | Fiserv, Inc.                                                                        | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     78574 | NS      | $7941474.18   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Match Group FinanceCo 3, Inc.                                                       | Match Group FinanceCo 3, Inc., Conv.                                                | CUSIP: 44932KAA4<br>LEI: 5493003IEL8HSZKWUI17 | Long             | DBT              | CORP              | US        |   1560000 | PA      | $1352520.00   | 0.12%             | 2030-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Dell International LLC / EMC Corp.                                                  | Dell International LLC / EMC Corp.                                                  | CUSIP: 24703TAK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      4000 | PA      | $4577.89      | 0.00%             | 2046-07-15      | Fixed         | 8.35%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                                         | Capital One Financial Corp.                                                         | CUSIP: 14040HBU8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    958000 | PA      | $958000.00    | 0.09%             | 2023-01-30      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Devon Energy Corp.                                                                  | Devon Energy Corp.                                                                  | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |    167032 | NS      | $10274138.32  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers, L.P.                                                               | Regency Centers, L.P.                                                               | CUSIP: 75884RAZ6<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              | CORP              | US        |    750000 | PA      | $631036.97    | 0.06%             | 2029-09-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Liberty Broadband Corp.                                                             | Liberty Broadband Corp., Conv.                                                      | CUSIP: 530307AC1<br>LEI: 549300MIX43II8JLN536 | Long             | DBT              | CORP              | US        |   2645000 | PA      | $2565650.00   | 0.23%             | 2050-09-30      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury Note/Bond                                                    | United States Treasury Note/Bond                                                    | CUSIP: 91282CFV8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4083800 | PA      | $4168347.40   | 0.38%             | 2032-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| GS Finance Corp.                                                                    | GS Finance Corp., Series 0003, Conv.                                                | CUSIP: 36255HBG2<br>LEI: 549300FR80KBVO6DRL61 | Long             | DBT              | CORP              | US        |   5873000 | PA      | $5457778.90   | 0.50%             | 2029-07-30      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Walgreens Boots Alliance, Inc.                                                      | Walgreens Boots Alliance, Inc.                                                      | CUSIP: 931427AB4<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |    428000 | PA      | $375421.80    | 0.03%             | 2034-11-18      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Invesco Government & Agency Portfolio                                               | Invesco Government & Agency Portfolio, Institutional Class                          | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |  17481130 | NS      | $17481129.75  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                                                                   | Wells Fargo & Co.                                                                   | CUSIP: 94974BGP9<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    626000 | PA      | $602657.51    | 0.05%             | 2025-09-29      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                                | CUSIP: 46647PAA4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    489000 | PA      | $402207.99    | 0.04%             | 2048-02-22      | Variable      | 4.26%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                    | Federal Home Loan Mortgage Corp.                                                    | CUSIP: 3128KLAK3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         3 | PA      | $3.54         | 0.00%             | 2037-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Medtronic, Inc.                                                                     | Medtronic, Inc.                                                                     | CUSIP: 585055BT2<br>LEI: D56MRZY2INAN94ZONZ37 | Long             | DBT              | CORP              | US        |    249000 | PA      | $236263.14    | 0.02%             | 2035-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Precision Castparts Corp.                                                           | Precision Castparts Corp.                                                           | CUSIP: 740189AG0<br>LEI: 0XOOAY5P5J7Q734SEC89 | Long             | DBT              | CORP              | US        |    333000 | PA      | $332700.60    | 0.03%             | 2023-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                                                | American Express Co.                                                                | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     51459 | NS      | $7603067.25   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp.                                                                 | Union Pacific Corp.                                                                 | CUSIP: 907818FT0<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |   1018000 | PA      | $803050.62    | 0.07%             | 2041-05-20      | Fixed         | 3.20%                 | No            |                  2 | On Loan: —       |
| Wells Fargo & Co.                                                                   | Wells Fargo & Co., Series Q, Pfd.                                                   | CUSIP: 949746556<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |     10911 | NS      | $251062.11    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                                                                   | Johnson & Johnson                                                                   | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     82085 | NS      | $14500315.25  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Lantheus Holdings, Inc.                                                             | Lantheus Holdings, Inc., Conv.                                                      | CUSIP: 516544AA1<br>LEI: 5299005HUB5IOJGO7S39 | Long             | DBT              | CORP              | US        |    598000 | PA      | $605116.20    | 0.05%             | 2027-12-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Merck & Co., Inc.                                                                   | Merck & Co., Inc.                                                                   | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    166040 | NS      | $18422138.00  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| PartnerRe Finance B LLC                                                             | PartnerRe Finance B LLC                                                             | CUSIP: 70213BAB7<br>LEI: 549300O0FAGHK2F79881 | Long             | DBT              | CORP              | US        |    500000 | PA      | $452136.43    | 0.04%             | 2029-07-02      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| GSK Consumer Healthcare Capital US LLC                                              | GSK Consumer Healthcare Capital US LLC                                              | CUSIP: 36264FAN1<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |    315000 | PA      | $247262.25    | 0.02%             | 2052-03-24      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BBVA Bancomer S.A.                                                                  | BBVA Bancomer S.A.                                                                  | CUSIP: 05533UAD0<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |    700000 | PA      | $691348.00    | 0.06%             | 2024-04-10      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Halozyme Therapeutics, Inc.                                                         | Halozyme Therapeutics, Inc., Conv.                                                  | CUSIP: 40637HAD1<br>LEI: 529900242I3SV9AGM753 | Long             | DBT              | CORP              | US        |   4655000 | PA      | $4529896.88   | 0.41%             | 2027-03-01      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Lowe's Cos., Inc.                                                                   | Lowe's Cos., Inc.                                                                   | CUSIP: 548661EJ2<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    497000 | PA      | $396505.78    | 0.04%             | 2052-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | Forward Foreign Currency Contract                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-1229.83     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Willis North America Inc.                                                           | Willis North America Inc.                                                           | CUSIP: 970648AF8<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |    233000 | PA      | $226769.88    | 0.02%             | 2024-05-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Las Vegas Sands Corp.                                                               | Las Vegas Sands Corp.                                                               | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |    187315 | NS      | $9004232.05   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer L.P.                                                                | Energy Transfer L.P.                                                                | CUSIP: 29273RBE8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    344000 | PA      | $307564.39    | 0.03%             | 2035-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                                               | NextEra Energy Capital Holdings, Inc.                                               | CUSIP: 65339KAT7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    530000 | PA      | $500147.00    | 0.05%             | 2027-05-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Bonds                                                                 | U.S. Treasury Bonds                                                                 | CUSIP: 912810QC5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     36400 | PA      | $38627.37     | 0.00%             | 2039-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Chevron Corp.                                                                       | Chevron Corp.                                                                       | CUSIP: 166764BL3<br>LEI: LJOF0JWZSCIUPEC3LQ45 | Long             | DBT              | CORP              | US        |    952000 | PA      | $904087.42    | 0.08%             | 2026-05-16      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp.                                                                 | Union Pacific Corp.                                                                 | CUSIP: 907818DR6<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     92000 | PA      | $90621.06     | 0.01%             | 2024-02-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Markel Corp.                                                                        | Markel Corp.                                                                        | CUSIP: 570535AT1<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |    497000 | PA      | $435892.39    | 0.04%             | 2049-05-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                                     | Goldman Sachs Group, Inc. (The)                                                     | CUSIP: 38141GVR2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    529000 | PA      | $516836.34    | 0.05%             | 2025-10-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Delaware Life Global Funding                                                        | Delaware Life Global Funding, Series 21-1                                           | CUSIP: 246114AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2184000 | PA      | $1954417.92   | 0.18%             | 2026-06-29      | Fixed         | 2.66%                 | No            |                  2 | On Loan: No      |
| KKR Group Finance Co. XII LLC                                                       | KKR Group Finance Co. XII LLC                                                       | CUSIP: 48255GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1364000 | PA      | $1277399.72   | 0.12%             | 2032-05-17      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                                | CUSIP: 46647PAM8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1058000 | PA      | $961983.33    | 0.09%             | 2029-01-23      | Variable      | 3.51%                 | No            |                  2 | On Loan: No      |
| Xcel Energy Inc.                                                                    | Xcel Energy Inc.                                                                    | CUSIP: 98389BAZ3<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    566000 | PA      | $545645.12    | 0.05%             | 2023-10-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| KKR Group Finance Co. III LLC                                                       | KKR Group Finance Co. III LLC                                                       | CUSIP: 48250AAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    372000 | PA      | $324483.96    | 0.03%             | 2044-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| US Foods Holding Corp.                                                              | US Foods Holding Corp.                                                              | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |    220123 | NS      | $7488584.46   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameron LNG, LLC                                                                    | Cameron LNG, LLC                                                                    | CUSIP: 133434AD2<br>LEI: 549300C39FLHGVD73K22 | Long             | DBT              | CORP              | US        |    622000 | PA      | $495219.07    | 0.05%             | 2039-01-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Omnicom Group Inc / Omnicom Capital Inc.                                            | Omnicom Group Inc / Omnicom Capital Inc.                                            | CUSIP: 68217FAA0<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | DBT              | CORP              | US        |    550000 | PA      | $528271.54    | 0.05%             | 2026-04-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| United Airlines Pass-Through Trust                                                  | United Airlines Pass-Through Trust, Series AA                                       | CUSIP: 909318AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    414266 | PA      | $358676.36    | 0.03%             | 2030-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Johnson Controls International PLC                                                  | Johnson Controls International PLC                                                  | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |    231159 | NS      | $14794176.00  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| DISH Network Corp.                                                                  | DISH Network Corp., Conv.                                                           | CUSIP: 25470MAB5<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |   6076000 | PA      | $3821804.00   | 0.35%             | 2026-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| KKR & Co. Inc.                                                                      | KKR & Co. Inc., Class A                                                             | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |    179776 | NS      | $8345201.92   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| LifeStorage, L.P.                                                                   | LifeStorage, L.P.                                                                   | CUSIP: 84610WAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    404000 | PA      | $377926.61    | 0.03%             | 2026-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CSX Corp.                                                                           | CSX Corp.                                                                           | CUSIP: 126408GU1<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    346000 | PA      | $347078.67    | 0.03%             | 2041-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                                            | PNC Financial Services Group, Inc. (The)                                            | CUSIP: 693475AW5<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    689000 | PA      | $631252.51    | 0.06%             | 2029-04-23      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Bonds                                                                 | U.S. Treasury Bonds                                                                 | CUSIP: 912810QH4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     72800 | PA      | $75778.83     | 0.01%             | 2040-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| John Bean Technologies Corp.                                                        | John Bean Technologies Corp., Conv.                                                 | CUSIP: 477839AB0<br>LEI: 5493007CT6ATBZ2L6826 | Long             | DBT              | CORP              | US        |   3157000 | PA      | $2726069.50   | 0.25%             | 2026-05-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Salesforce, Inc.                                                                    | Salesforce, Inc.                                                                    | CUSIP: 79466LAK0<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |   1413000 | PA      | $1014193.98   | 0.09%             | 2041-07-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                                  | T-Mobile USA, Inc.                                                                  | CUSIP: 87264ACT0<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    750000 | PA      | $507325.57    | 0.05%             | 2052-10-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                      | Citigroup Inc.                                                                      | CUSIP: 172967LP4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    511000 | PA      | $470101.62    | 0.04%             | 2028-07-24      | Variable      | 3.67%                 | No            |                  2 | On Loan: No      |
| Prudential Financial, Inc.                                                          | Prudential Financial, Inc.                                                          | CUSIP: 744320AY8<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    141000 | PA      | $112967.63    | 0.01%             | 2047-12-07      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Travelers Cos., Inc. (The)                                                          | Travelers Cos., Inc. (The)                                                          | CUSIP: 89417EAJ8<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |    605000 | PA      | $541349.44    | 0.05%             | 2043-08-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Siemens Financieringsmaatschappij N.V.                                              | Siemens Financieringsmaatschappij N.V.                                              | CUSIP: 82620KAV5<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |   2490000 | PA      | $2470419.86   | 0.22%             | 2023-03-11      | Fixed         | 0.40%                 | No            |                  2 | On Loan: No      |
| Brookfield Corp.                                                                    | Brookfield Corp.                                                                    | CUSIP: 112585AH7<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | DBT              | CORP              | CA        |    445000 | PA      | $435388.04    | 0.04%             | 2025-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Magallanes, Inc.                                                                    | Magallanes, Inc.                                                                    | CUSIP: 55903VAN3<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    835000 | PA      | $641801.78    | 0.06%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc.                                                          | Rogers Communications Inc.                                                          | CUSIP: 775109AX9<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |    533000 | PA      | $433760.26    | 0.04%             | 2043-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| PNC Financial Services Group, Inc. (The)                                            | PNC Financial Services Group, Inc. (The)                                            | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     42353 | NS      | $6689232.82   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Electric Utilities Corp.                                                        | PPL Electric Utilities Corp.                                                        | CUSIP: 69351UAM5<br>LEI: 549300GCZLSGYEYPIR35 | Long             | DBT              | CORP              | US        |     46000 | PA      | $49790.01     | 0.00%             | 2039-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley                                                                      | CUSIP: 6174468C6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    654000 | PA      | $639263.35    | 0.06%             | 2025-07-23      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Note/Bond                                                    | United States Treasury Note/Bond                                                    | CUSIP: 912810TM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7906800 | PA      | $7743722.25   | 0.70%             | 2042-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| Shopify Inc.                                                                        | Shopify Inc., Conv.                                                                 | CUSIP: 82509LAA5<br>LEI: 549300HGQ43STJLLP808 | Long             | DBT              | CORP              | CA        |   3174000 | PA      | $2725672.50   | 0.25%             | 2025-11-01      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC/Charter Communications Operating Capital Corp. | Charter Communications Operating LLC/Charter Communications Operating Capital Corp. | CUSIP: 161175AY0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    550000 | PA      | $539587.36    | 0.05%             | 2025-07-23      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| TWDC Enterprises 18 Corp.                                                           | TWDC Enterprises 18 Corp.                                                           | CUSIP: 25468PDK9<br>LEI: 7260JQNI6SCF9FIV2392 | Long             | DBT              | CORP              | US        |    367000 | PA      | $347947.22    | 0.03%             | 2026-02-13      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                   | Wells Fargo & Co.                                                                   | CUSIP: 94974BGE4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    647000 | PA      | $547547.70    | 0.05%             | 2044-11-04      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc.                                                                         | Zoetis Inc.                                                                         | CUSIP: 98978VAH6<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |    333000 | PA      | $300154.42    | 0.03%             | 2043-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                                                | American Express Co.                                                                | CUSIP: 025816BK4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    324000 | PA      | $315672.63    | 0.03%             | 2024-12-05      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Amazon.com, Inc.                                                                    | Amazon.com, Inc.                                                                    | CUSIP: 023135CA2<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |   2306000 | PA      | $1729887.85   | 0.16%             | 2041-05-12      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Burlington Northern Santa Fe, LLC                                                   | Burlington Northern Santa Fe, LLC                                                   | CUSIP: 12189LAQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    735000 | PA      | $729202.02    | 0.07%             | 2023-09-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                                | CUSIP: 46625HRS1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    394000 | PA      | $372479.27    | 0.03%             | 2026-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Alnylam Pharmaceuticals, Inc.                                                       | Alnylam Pharmaceuticals, Inc., Conv.                                                | CUSIP: 02043QAA5<br>LEI: 529900S3ZI14OWRJII50 | Long             | DBT              | CORP              | US        |   2279000 | PA      | $2478412.50   | 0.23%             | 2027-09-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Aircastle Ltd.                                                                      | Aircastle Ltd.                                                                      | CUSIP: 00928QAR2<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    771000 | PA      | $763543.17    | 0.07%             | 2023-09-25      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills                                                        | United States Treasury Bills                                                        | CUSIP: 912796ZE2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     14000 | PA      | $13774.22     | 0.00%             | 2023-05-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Sysco Corp.                                                                         | Sysco Corp.                                                                         | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |     94596 | NS      | $7231864.20   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services, Inc.                                                     | Universal Health Services, Inc., Class B                                            | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |     57163 | NS      | $8053695.07   | 0.73%             |  |  |  | No            |                  1 | On Loan: —       |
| Dropbox, Inc.                                                                       | Dropbox, Inc., Conv.                                                                | CUSIP: 26210CAC8<br>LEI: 549300JCDF7UAR6TJR51 | Long             | DBT              | CORP              | US        |   5339000 | PA      | $4847812.00   | 0.44%             | 2026-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                                                                 | Synchrony Financial                                                                 | CUSIP: 87165BAM5<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    556000 | PA      | $496767.52    | 0.05%             | 2027-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc.                                                             | UnitedHealth Group Inc.                                                             | CUSIP: 91324PDT6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    559000 | PA      | $459146.41    | 0.04%             | 2039-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Telefonica Emisiones S.A.U.                                                         | Telefonica Emisiones S.A.U.                                                         | CUSIP: 87938WAU7<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |    700000 | PA      | $565011.17    | 0.05%             | 2047-03-08      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| Guardian Life Global Funding                                                        | Guardian Life Global Funding                                                        | CUSIP: 40139LAF0<br>LEI: 635400NHILJ5JEKILC36 | Long             | DBT              | CORP              | US        |    689000 | PA      | $669537.27    | 0.06%             | 2024-05-06      | Fixed         | 2.90%                 | No            |                  2 | On Loan: —       |
| Federal National Mortgage Association                                               | Federal National Mortgage Association                                               | CUSIP: 31384WAH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       214 | PA      | $218.97       | 0.00%             | 2030-04-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Energy Transfer L.P.                                                                | Energy Transfer L.P., Series 5Y                                                     | CUSIP: 29278NAC7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1724000 | PA      | $1713663.90   | 0.16%             | 2023-09-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co.                                                            | Bristol-Myers Squibb Co.                                                            | CUSIP: 110122CQ9<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    621000 | PA      | $555206.63    | 0.05%             | 2039-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| MPLX L.P.                                                                           | MPLX L.P.                                                                           | CUSIP: 55336VAM2<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    810000 | PA      | $685309.06    | 0.06%             | 2038-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INVESCO PRIVATE GOVERNMENT FUND                                                     | INVESCO PRIVATE GOVERNMENT FUND                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  24449135 | NS      | $24449134.59  | 2.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                                     | Goldman Sachs Group, Inc. (The)                                                     | CUSIP: 38141GYK4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    323000 | PA      | $220847.05    | 0.02%             | 2042-07-21      | Variable      | 2.91%                 | No            |                  2 | On Loan: No      |
| Corteva, Inc.                                                                       | Corteva, Inc.                                                                       | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |    126347 | NS      | $7426676.66   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Latin America Ltd.                                                          | Liberty Latin America Ltd., Conv.                                                   | CUSIP: 53069QAB5<br>LEI: 213800YWQHEAX7CAVO83 | Long             | DBT              | CORP              | BM        |   2743000 | PA      | $2448127.50   | 0.22%             | 2024-07-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Splunk Inc.                                                                         | Splunk Inc.                                                                         | CUSIP: 848637104<br>LEI: 549300XGDSGBP6UEI867 | Long             | EC               | CORP              | US        |     69203 | NS      | $5957686.27   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell International LLC / EMC Corp.                                                  | Dell International LLC / EMC Corp.                                                  | CUSIP: 24703TAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    163000 | PA      | $163122.01    | 0.01%             | 2023-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| KRC Interim Corp.                                                                   | KRC Interim Corp.                                                                   | CUSIP: 49446RAZ2<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1244772.62   | 0.11%             | 2032-04-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Sherwin-Williams Co. (The)                                                          | Sherwin-Williams Co. (The)                                                          | CUSIP: 824348AX4<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |    159000 | PA      | $134199.05    | 0.01%             | 2047-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| American Tower Corp.                                                                | American Tower Corp.                                                                | CUSIP: 03027XBL3<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    852000 | PA      | $758491.36    | 0.07%             | 2026-04-15      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Snap Inc.                                                                           | Snap Inc., Conv.                                                                    | CUSIP: 83304AAB2<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |   3098000 | PA      | $2635623.50   | 0.24%             | 2026-08-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| United Parcel Service, Inc.                                                         | United Parcel Service, Inc.                                                         | CUSIP: 911312AZ9<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    240000 | PA      | $186536.54    | 0.02%             | 2046-11-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Energy Transfer L.P.                                                                | Energy Transfer L.P.                                                                | CUSIP: 86765BAP4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    587000 | PA      | $498050.02    | 0.05%             | 2044-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                         | Verizon Communications Inc.                                                         | CUSIP: 92343VEN0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   1284000 | PA      | $1245063.32   | 0.11%             | 2025-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | Forward Foreign Currency Contract                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-1086.52     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                                | CUSIP: 46647PAN6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1058000 | PA      | $815517.69    | 0.07%             | 2049-01-23      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| McKesson Corp.                                                                      | McKesson Corp.                                                                      | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |     23756 | NS      | $8911350.72   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Note/Bond                                                    | United States Treasury Note/Bond                                                    | CUSIP: 91282CFZ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15433000 | PA      | $15351012.19  | 1.39%             | 2027-11-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| NiSource Inc.                                                                       | NiSource Inc.                                                                       | CUSIP: 65473QBF9<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    571000 | PA      | $480215.28    | 0.04%             | 2047-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Altria Group, Inc.                                                                  | Altria Group, Inc.                                                                  | CUSIP: 02209SBE2<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |   1124000 | PA      | $1040786.50   | 0.09%             | 2039-02-14      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp.                                  | National Rural Utilities Cooperative Finance Corp.                                  | CUSIP: 637432NY7<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   1227000 | PA      | $1012672.52   | 0.09%             | 2032-04-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: —       |
| Meta Platforms, Inc.                                                                | Meta Platforms, Inc., Class A                                                       | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     43547 | NS      | $5240445.98   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                                                                       | Medtronic PLC                                                                       | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |    145228 | NS      | $11287120.16  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Teladoc Health, Inc.                                                                | Teladoc Health, Inc., Conv.                                                         | CUSIP: 87918AAF2<br>LEI: 549300I2PVFBC9MFAC61 | Long             | DBT              | CORP              | US        |   3430000 | PA      | $2652058.16   | 0.24%             | 2027-06-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Comcast Corp.                                                                       | Comcast Corp.                                                                       | CUSIP: 20030NBS9<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   1101000 | PA      | $1049302.25   | 0.10%             | 2026-03-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp.                                                                     | Microsoft Corp.                                                                     | CUSIP: 594918BC7<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    404000 | PA      | $366391.01    | 0.03%             | 2035-02-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| Kinder Morgan, Inc.                                                                 | Kinder Morgan, Inc.                                                                 | CUSIP: 49456BAF8<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    878000 | PA      | $861853.38    | 0.08%             | 2025-06-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Crown Castle Inc.                                                                   | Crown Castle Inc.                                                                   | CUSIP: 22822VAY7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   1413000 | PA      | $1142209.13   | 0.10%             | 2031-07-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Bayer US Finance II LLC                                                             | Bayer US Finance II LLC                                                             | CUSIP: 07274NAL7<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |    985000 | PA      | $926619.25    | 0.08%             | 2028-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                    | Philip Morris International Inc.                                                    | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    104358 | NS      | $10562073.18  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson PLC                                                            | Willis Towers Watson PLC                                                            | CUSIP: G96629103<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | IE        |     45993 | NS      | $11248967.94  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp.                                                                 | Union Pacific Corp.                                                                 | CUSIP: 907818DZ8<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    426000 | PA      | $351170.85    | 0.03%             | 2045-01-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Raytheon Technologies Corp.                                                         | Raytheon Technologies Corp.                                                         | CUSIP: 913017CW7<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    308000 | PA      | $281052.94    | 0.03%             | 2038-11-16      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                      | Citigroup Inc.                                                                      | CUSIP: 172967HV6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     60000 | PA      | $58962.46     | 0.01%             | 2024-08-05      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Humana Inc.                                                                         | Humana Inc.                                                                         | CUSIP: 444859BP6<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |   2355000 | PA      | $2294808.63   | 0.21%             | 2023-08-03      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| Comcast Corp.                                                                       | Comcast Corp., Class A                                                              | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    254099 | NS      | $8885842.03   | 0.81%             |  |  |  | No            |                  1 | On Loan: —       |
| United States Treasury Note/Bond                                                    | United States Treasury Note/Bond                                                    | CUSIP: 91282CGA3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  29059500 | PA      | $28877878.13  | 2.62%             | 2025-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                    | Philip Morris International Inc.                                                    | CUSIP: 718172BE8<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    369000 | PA      | $364966.81    | 0.03%             | 2023-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| AT&T Inc.                                                                           | AT&T Inc.                                                                           | CUSIP: 00206RGQ9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    318000 | PA      | $300180.44    | 0.03%             | 2030-02-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Becton, Dickinson and Co.                                                           | Becton, Dickinson and Co.                                                           | CUSIP: 075887BM0<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    428000 | PA      | $360852.24    | 0.03%             | 2044-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | Forward Foreign Currency Contract                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-1187.14     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                               | Bank of America Corp.                                                               | CUSIP: 06051GGA1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    525000 | PA      | $485625.70    | 0.04%             | 2027-10-21      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Integra LifeSciences Holdings Corp.                                                 | Integra LifeSciences Holdings Corp., Conv.                                          | CUSIP: 457985AM1<br>LEI: WB7IJCYY8YFTENS4O147 | Long             | DBT              | CORP              | US        |   4244000 | PA      | $4135778.00   | 0.38%             | 2025-08-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc.                                                                       | Broadcom Inc.                                                                       | CUSIP: 11135FBL4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    640000 | PA      | $512448.87    | 0.05%             | 2034-04-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| Spectra Energy Partners, L.P.                                                       | Spectra Energy Partners, L.P.                                                       | CUSIP: 84756NAG4<br>LEI: 2HKVXE7U4NF5B6UGSU72 | Long             | DBT              | CORP              | US        |    488000 | PA      | $405022.43    | 0.04%             | 2045-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Pacira BioSciences, Inc.                                                            | Pacira BioSciences, Inc., Conv.                                                     | CUSIP: 695127AF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3155000 | PA      | $2857246.88   | 0.26%             | 2025-08-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                                               | NextEra Energy Capital Holdings, Inc.                                               | CUSIP: 65339KBU3<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   2415000 | PA      | $2398618.19   | 0.22%             | 2023-03-01      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| Avnet, Inc.                                                                         | Avnet, Inc.                                                                         | CUSIP: 053807AS2<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |    671000 | PA      | $646399.76    | 0.06%             | 2026-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                               | Bank of America Corp.                                                               | CUSIP: 06051GKD0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    874000 | PA      | $686685.99    | 0.06%             | 2032-10-20      | Variable      | 2.57%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                   | Wells Fargo & Co.                                                                   | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    643282 | NS      | $26561113.78  | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Heineken N.V.                                                                       | Heineken N.V.                                                                       | CUSIP: 423012AF0<br>LEI: 724500K5PTPSST86UQ23 | Long             | DBT              | CORP              | NL        |    945000 | PA      | $894150.29    | 0.08%             | 2028-01-29      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NextGen Healthcare, Inc.                                                            | NextGen Healthcare, Inc., Conv.                                                     | CUSIP: 65343CAA0<br>LEI: 549300N5HIPS1URF0F20 | Long             | DBT              | CORP              | US        |    772000 | PA      | $806929.69    | 0.07%             | 2027-11-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Cable One, Inc.                                                                     | Cable One, Inc., Conv.                                                              | CUSIP: 12685JAE5<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |   5466000 | PA      | $4320873.00   | 0.39%             | 2026-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Cisco Systems, Inc.                                                                 | Cisco Systems, Inc.                                                                 | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    256572 | NS      | $12223090.08  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Bills                                                        | United States Treasury Bills                                                        | CUSIP: 912796YK9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      2000 | PA      | $1984.70      | 0.00%             | 2023-03-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Cognizant Technology Solutions Corp.                                                | Cognizant Technology Solutions Corp., Class A                                       | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |    186743 | NS      | $10679832.17  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingredion Inc.                                                                      | Ingredion Inc.                                                                      | CUSIP: 219023AC2<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | DBT              | CORP              | US        |    232000 | PA      | $229859.28    | 0.02%             | 2037-04-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| United Airlines Pass-Through Trust                                                  | United Airlines Pass-Through Trust, Series A                                        | CUSIP: 90932QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    320381 | PA      | $295300.96    | 0.03%             | 2026-09-03      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp.                                                                     | Air Lease Corp.                                                                     | CUSIP: 00912XAT1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     63000 | PA      | $61948.98     | 0.01%             | 2023-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Tandem Diabetes Care, Inc.                                                          | Tandem Diabetes Care, Inc., Conv.                                                   | CUSIP: 875372AA2<br>LEI: 549300JEPFOD0K4D3I05 | Long             | DBT              | CORP              | US        |   1157000 | PA      | $1052407.20   | 0.10%             | 2025-05-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Fiserv, Inc.                                                                        | Fiserv, Inc.                                                                        | CUSIP: 337738AQ1<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |   1412000 | PA      | $1397376.23   | 0.13%             | 2023-10-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley                                                                      | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |    131824 | NS      | $11207676.48  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US, Inc.                                                                   | T-Mobile US, Inc.                                                                   | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |    102138 | NS      | $14299320.00  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell International LLC / EMC Corp.                                                  | Dell International LLC / EMC Corp.                                                  | CUSIP: 24703TAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2125000 | PA      | $2170442.68   | 0.20%             | 2026-06-15      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| Comcast Corp.                                                                       | Comcast Corp.                                                                       | CUSIP: 20030NDU2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    265000 | PA      | $165092.21    | 0.02%             | 2056-11-01      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| INVESCO PRIVATE PRIME FUND                                                          | INVESCO PRIVATE PRIME FUND                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  62839179 | NS      | $62858030.41  | 5.71%             |  |  |  | No            |                  2 | On Loan: No      |
| BP Capital Markets America Inc.                                                     | BP Capital Markets America Inc.                                                     | CUSIP: 10373QBP4<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    991000 | PA      | $657033.43    | 0.06%             | 2051-06-04      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| Cigna Corp.                                                                         | Cigna Corp.                                                                         | CUSIP: 125523AJ9<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    307000 | PA      | $286179.59    | 0.03%             | 2038-08-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | Forward Foreign Currency Contract                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-37396.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Liberty Mutual Group Inc.                                                           | Liberty Mutual Group Inc.                                                           | CUSIP: 53079EBK9<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    887000 | PA      | $585122.42    | 0.05%             | 2060-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Texas Eastern Transmission, L.P.                                                    | Texas Eastern Transmission, L.P.                                                    | CUSIP: 882389CC1<br>LEI: 549300SIOULUXXIDGA69 | Long             | DBT              | CORP              | US        |    169000 | PA      | $185046.47    | 0.02%             | 2032-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Exelon Corp.                                                                        | Exelon Corp.                                                                        | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     98672 | NS      | $4265590.56   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp.                                                                 | Valero Energy Corp.                                                                 | CUSIP: 91913YBE9<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |    531000 | PA      | $401444.63    | 0.04%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chevron Corp.                                                                       | Chevron Corp.                                                                       | CUSIP: 166764100<br>LEI: LJOF0JWZSCIUPEC3LQ45 | Long             | EC               | CORP              | US        |     82942 | NS      | $14887259.58  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale S.A.                                                               | Societe Generale S.A.                                                               | CUSIP: 83367TBG3<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    735000 | PA      | $727482.84    | 0.07%             | 2024-01-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cigna Corp.                                                                         | Cigna Corp.                                                                         | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     44793 | NS      | $14841712.62  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp.-Liberty Formula One                                             | Liberty Media Corp.-Liberty Formula One, Conv.                                      | CUSIP: 531229AL6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    297000 | PA      | $285268.50    | 0.03%             | 2027-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                      | Citigroup Inc.                                                                      | CUSIP: 172967KR1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    356000 | PA      | $297436.66    | 0.03%             | 2046-05-18      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Supernus Pharmaceuticals, Inc.                                                      | Supernus Pharmaceuticals, Inc., Conv.                                               | CUSIP: 868459AD0<br>LEI: 549300GRM36VBKISYJ58 | Long             | DBT              | CORP              | US        |   1182000 | PA      | $1167225.00   | 0.11%             | 2023-04-01      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| Zimmer Biomet Holdings, Inc.                                                        | Zimmer Biomet Holdings, Inc.                                                        | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |     58091 | NS      | $7406602.50   | 0.67%             |  |  |  | No            |                  1 | On Loan: —       |
| Exxon Mobil Corp.                                                                   | Exxon Mobil Corp.                                                                   | CUSIP: 30231GAT9<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |   1098000 | PA      | $1048530.33   | 0.10%             | 2026-03-01      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| ConocoPhillips                                                                      | ConocoPhillips                                                                      | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    211718 | NS      | $24982724.00  | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co., Inc.                                                   | American Electric Power Co., Inc.                                                   | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     66481 | NS      | $6312370.95   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK PLC                                                                             | GSK PLC                                                                             | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |    304129 | NS      | $5288744.87   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Xcel Energy Inc.                                                                    | Xcel Energy Inc.                                                                    | CUSIP: 98389BAX8<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    964000 | PA      | $707630.29    | 0.06%             | 2049-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp. (The)                                                          | Charles Schwab Corp. (The)                                                          | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    138209 | NS      | $11507281.34  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb, Inc.                                                                        | Airbnb, Inc., Conv.                                                                 | CUSIP: 009066AB7<br>LEI: 549300HMUDNO0RY56D37 | Long             | DBT              | CORP              | US        |   4881000 | PA      | $4029265.50   | 0.37%             | 2026-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Shell International Finance B.V.                                                    | Shell International Finance B.V.                                                    | CUSIP: 822582BD3<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |   1098000 | PA      | $1064929.66   | 0.10%             | 2025-05-11      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Micron Technology, Inc.                                                             | Micron Technology, Inc.                                                             | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     84403 | NS      | $4218461.94   | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| Mizuho Financial Group (Cayman) 3 Ltd.                                              | Mizuho Financial Group (Cayman) 3 Ltd.                                              | CUSIP: 60688UAB2<br>LEI: 549300AM6U7J7ZZI1G88 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $196502.93    | 0.02%             | 2024-03-27      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Comcast Corp.                                                                       | Comcast Corp.                                                                       | CUSIP: 20030NDS7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    352000 | PA      | $227658.96    | 0.02%             | 2051-11-01      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| Nationwide Financial Services, Inc.                                                 | Nationwide Financial Services, Inc.                                                 | CUSIP: 638612AL5<br>LEI: 5493001H7AZNDS6BKJ36 | Long             | DBT              | CORP              | US        |    440000 | PA      | $383995.44    | 0.03%             | 2044-11-18      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| TJX Cos., Inc. (The)                                                                | TJX Cos., Inc. (The)                                                                | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    174107 | NS      | $13858917.20  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer L.P.                                                                | Energy Transfer L.P.                                                                | CUSIP: 29278NAR4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    724000 | PA      | $581653.55    | 0.05%             | 2050-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| El Paso Energy Capital Trust I                                                      | El Paso Energy Capital Trust I, Conv. Pfd.                                          | CUSIP: 283678209<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     95499 | NS      | $4301189.01   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software, Inc.                                                 | Take-Two Interactive Software, Inc.                                                 | CUSIP: 874054AG4<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |    357000 | PA      | $336490.61    | 0.03%             | 2027-04-14      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Laboratory Corp. of America Holdings                                                | Laboratory Corp. of America Holdings                                                | CUSIP: 50540RAS1<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |    263000 | PA      | $226565.32    | 0.02%             | 2045-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan, Inc.                                                                 | Kinder Morgan, Inc.                                                                 | CUSIP: 49456BAG6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    407000 | PA      | $382263.72    | 0.03%             | 2034-12-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Sempra Energy                                                                       | Sempra Energy                                                                       | CUSIP: 816851BH1<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    559000 | PA      | $460492.38    | 0.04%             | 2038-02-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Canadian Pacific Railway Co.                                                        | Canadian Pacific Railway Co.                                                        | CUSIP: 13645RBG8<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    399000 | PA      | $302498.64    | 0.03%             | 2041-12-02      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Micron Technology, Inc.                                                             | Micron Technology, Inc.                                                             | CUSIP: 595112BT9<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    179000 | PA      | $120214.43    | 0.01%             | 2041-11-01      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| Wolfspeed, Inc.                                                                     | Wolfspeed, Inc., Conv.                                                              | CUSIP: 977852AA0<br>LEI: 549300OGU88P3AW3TO93 | Long             | DBT              | CORP              | US        |   2778000 | PA      | $2408526.00   | 0.22%             | 2028-02-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                    | Federal Home Loan Mortgage Corp.                                                    | CUSIP: 3134A4AA2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |    682000 | PA      | $805345.38    | 0.07%             | 2031-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Western Digital Corp.                                                               | Western Digital Corp., Conv.                                                        | CUSIP: 958102AP0<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |   2649000 | PA      | $2536417.50   | 0.23%             | 2024-02-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                      | Citigroup Inc.                                                                      | CUSIP: 172967HS3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    228000 | PA      | $206540.52    | 0.02%             | 2044-05-06      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Bonds                                                                 | U.S. Treasury Bonds                                                                 | CUSIP: 912810FT0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2636800 | PA      | $2815298.99   | 0.26%             | 2036-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Reinsurance Group of America, Inc.                                                  | Reinsurance Group of America, Inc.                                                  | CUSIP: 759351AL3<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |    352000 | PA      | $350420.87    | 0.03%             | 2023-09-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp                                                                        | U.S. Bancorp                                                                        | CUSIP: 91159HHM5<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |   2097000 | PA      | $1983212.25   | 0.18%             | 2026-04-27      | Fixed         | 3.10%                 | No            |                  2 | On Loan: —       |
| Goldman Sachs Group, Inc. (The)                                                     | Goldman Sachs Group, Inc. (The)                                                     | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     37831 | NS      | $12990408.78  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co. (The)                                                               | Walt Disney Co. (The)                                                               | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |    101372 | NS      | $8807199.36   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc.                                                                   | Crown Castle Inc.                                                                   | CUSIP: 22822VAF8<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |     46000 | PA      | $39267.42     | 0.00%             | 2047-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc.                                                                         | AbbVie Inc.                                                                         | CUSIP: 00287YDA4<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    264000 | PA      | $243117.27    | 0.02%             | 2044-06-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Spirit Airlines, Inc.                                                               | Spirit Airlines, Inc., Conv.                                                        | CUSIP: 848577AB8<br>LEI: 549300DCAFIXFNFR3304 | Long             | DBT              | CORP              | US        |   1157000 | PA      | $937170.00    | 0.09%             | 2026-05-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Textron Inc.                                                                        | Textron Inc.                                                                        | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |    139055 | NS      | $9845094.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co.                                                             | International Paper Co.                                                             | CUSIP: 460146CH4<br>LEI: 824LMFJDH41EY779Q875 | Long             | DBT              | CORP              | US        |    223000 | PA      | $223418.86    | 0.02%             | 2041-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                               | Bank of America Corp.                                                               | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    590477 | NS      | $19556598.24  | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc.                                                                           | AT&T Inc.                                                                           | CUSIP: 00206RLJ9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    157000 | PA      | $105463.23    | 0.01%             | 2055-09-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Invesco Liquid Assets Portfolio                                                     | Invesco Liquid Assets Portfolio                                                     | CUSIP: 825252729<br>LEI: 549300DC1W0JSX3QRC47 | Long             | STIV             | RF                | US        |  12482776 | NS      | $12486521.25  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Honda Motor Co., Ltd.                                                               | Honda Motor Co., Ltd.                                                               | CUSIP: 438127AC6<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | DBT              | CORP              | JP        |   1138000 | PA      | $978076.95    | 0.09%             | 2032-03-10      | Fixed         | 2.97%                 | No            |                  2 | On Loan: —       |
| Comcast Corp.                                                                       | Comcast Corp.                                                                       | CUSIP: 20030NCJ8<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    756000 | PA      | $654487.27    | 0.06%             | 2038-03-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| TE Connectivity Ltd.                                                                | TE Connectivity Ltd.                                                                | CUSIP: H84989104<br>LEI: 894500ZRIX9K13RHXR17 | Long             | EC               | CORP              | CH        |     49630 | NS      | $5697524.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| GlaxoSmithKline Capital Inc.                                                        | GlaxoSmithKline Capital Inc.                                                        | CUSIP: 377372AE7<br>LEI: 5493007Q8VD7Q3ZYZS59 | Long             | DBT              | CORP              | US        |     64000 | PA      | $72703.59     | 0.01%             | 2038-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Emerson Electric Co.                                                                | Emerson Electric Co.                                                                | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |     77410 | NS      | $7436004.60   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Markel Corp.                                                                        | Markel Corp.                                                                        | CUSIP: 570535AP9<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |    351000 | PA      | $300666.92    | 0.03%             | 2043-03-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                   | HSBC Holdings PLC                                                                   | CUSIP: 404280CE7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   1775000 | PA      | $1668184.39   | 0.15%             | 2025-11-07      | Variable      | 2.63%                 | No            |                  2 | On Loan: No      |
| Sanofi                                                                              | Sanofi                                                                              | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |    115991 | NS      | $11223361.40  | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust                           | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                           | CUSIP: 00774MAZ8<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    410000 | PA      | $291317.29    | 0.03%             | 2041-10-29      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Neurocrine Biosciences, Inc.                                                        | Neurocrine Biosciences, Inc., Conv.                                                 | CUSIP: 64125CAD1<br>LEI: 549300FECER0XBN49756 | Long             | DBT              | CORP              | US        |   1875000 | PA      | $2974687.50   | 0.27%             | 2024-05-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp.                                                              | Norfolk Southern Corp.                                                              | CUSIP: 655844CD8<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    461000 | PA      | $333142.21    | 0.03%             | 2049-11-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| JetBlue Airways Corp.                                                               | JetBlue Airways Corp., Conv.                                                        | CUSIP: 477143AP6<br>LEI: 54930070J9H97ZO93T57 | Long             | DBT              | CORP              | US        |   1732000 | PA      | $1271421.47   | 0.12%             | 2026-04-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| NXP B.V.                                                                            | NXP B.V.                                                                            | CUSIP: 62947QBB3<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    676000 | PA      | $672964.31    | 0.06%             | 2026-03-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Raytheon Technologies Corp.                                                         | Raytheon Technologies Corp.                                                         | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |    130104 | NS      | $13130095.68  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Cox Communications, Inc.                                                            | Cox Communications, Inc.                                                            | CUSIP: 224044CM7<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |    202000 | PA      | $121974.61    | 0.01%             | 2050-10-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                                                  | General Motors Financial Co., Inc.                                                  | CUSIP: 37045XBG0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    480000 | PA      | $473102.83    | 0.04%             | 2026-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | Forward Foreign Currency Contract                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $300517.17    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Elevance Health, Inc.                                                               | Elevance Health, Inc.                                                               | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |     10956 | NS      | $5620099.32   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc.                        | Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc.                        | CUSIP: 03522AAH3<br>LEI: 5493000EYEKDT0FBSQ91 | Long             | DBT              | CORP              | US        |    959000 | PA      | $909342.61    | 0.08%             | 2036-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Texas Instruments Inc.                                                              | Texas Instruments Inc.                                                              | CUSIP: 882508BB9<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |    215000 | PA      | $209212.69    | 0.02%             | 2024-05-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Credit Suisse AG                                                                    | Credit Suisse AG                                                                    | CUSIP: 22546DAA4<br>LEI: ANGGYXNX0JLX3X63JN86 | Long             | DBT              | CORP              | CH        |    686000 | PA      | $665904.32    | 0.06%             | 2023-08-08      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LYB Finance Co. B.V.                                                                | LYB Finance Co. B.V.                                                                | CUSIP: 61238QAA6<br>LEI: 549300BBGA3CFHX0KS75 | Long             | DBT              | CORP              | NL        |    339000 | PA      | $369854.92    | 0.03%             | 2027-03-15      | Fixed         | 8.10%                 | No            |                  2 | On Loan: No      |
| NXP Semiconductors N.V.                                                             | NXP Semiconductors N.V.                                                             | CUSIP: N6596X109<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |     41829 | NS      | $6610236.87   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc.                                                               | Booking Holdings Inc.                                                               | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      4074 | NS      | $8210250.72   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Oil and Gas, Inc.                                                          | Northern Oil and Gas, Inc., Conv.                                                   | CUSIP: 665531AH2<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |    775000 | PA      | $837000.00    | 0.08%             | 2029-04-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| AT&T Inc.                                                                           | AT&T Inc.                                                                           | CUSIP: 00206RMN9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    255000 | PA      | $177115.33    | 0.02%             | 2057-12-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| American International Group, Inc.                                                  | American International Group, Inc.                                                  | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    324114 | NS      | $20496969.36  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Products Operating LLC                                                   | Enterprise Products Operating LLC                                                   | CUSIP: 29379VBQ5<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    696000 | PA      | $561778.11    | 0.05%             | 2048-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| General Motors Co.                                                                  | General Motors Co., Class C                                                         | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |    544660 | NS      | $18322362.40  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Products Operating LLC                                                   | Enterprise Products Operating LLC                                                   | CUSIP: 29379VAQ6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     23000 | PA      | $24106.20     | 0.00%             | 2040-09-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Apple Inc.                                                                          | Apple Inc.                                                                          | CUSIP: 037833CJ7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    315000 | PA      | $301652.63    | 0.03%             | 2027-02-09      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Marvell Technology, Inc.                                                            | Marvell Technology, Inc.                                                            | CUSIP: 573874AF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1210000 | PA      | $1026254.18   | 0.09%             | 2028-04-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Micron Technology, Inc.                                                             | Micron Technology, Inc.                                                             | CUSIP: 595112BQ5<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    680000 | PA      | $618262.32    | 0.06%             | 2030-02-15      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp.                                                                     | Air Lease Corp.                                                                     | CUSIP: 00912XAN4<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    427000 | PA      | $418056.60    | 0.04%             | 2024-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp.                                                               | Parker-Hannifin Corp.                                                               | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |     49588 | NS      | $14430108.00  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| American Airlines Pass-Through Trust                                                | American Airlines Pass-Through Trust, Series A                                      | CUSIP: 02377AAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250443 | PA      | $216634.73    | 0.02%             | 2028-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Cable One, Inc.                                                                     | Cable One, Inc., Conv.                                                              | CUSIP: 12685JAG0<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |   2850000 | PA      | $2131800.00   | 0.19%             | 2028-03-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| Jackson National Life Global Funding                                                | Jackson National Life Global Funding                                                | CUSIP: 46849LSS1<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |    453000 | PA      | $442528.25    | 0.04%             | 2024-01-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Charter Communications, Inc.                                                        | Charter Communications, Inc., Class A                                               | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |     20416 | NS      | $6923065.60   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday, Inc.                                                                       | Workday, Inc.                                                                       | CUSIP: 98138HAG6<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |    528000 | PA      | $494250.51    | 0.04%             | 2027-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Diageo                                                                              | Diageo                                                                              | CUSIP: G42089113<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |    222057 | NS      | $9805878.93   | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto Finance (USA) Ltd.                                                        | Rio Tinto Finance (USA) Ltd.                                                        | CUSIP: 767201AD8<br>LEI: 213800RX94ZKEZXPKH58 | Long             | DBT              | CORP              | AU        |    182000 | PA      | $200796.52    | 0.02%             | 2028-07-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                      | Citigroup Inc.                                                                      | CUSIP: 172967HA2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    741000 | PA      | $795744.86    | 0.07%             | 2043-09-13      | Fixed         | 6.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | U.S. Treasury 5 Year Notes Future                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |        -9 | NC      | $550.30       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp.                                                                    | CVS Health Corp.                                                                    | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     77860 | NS      | $7255773.40   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc.                                                                           | AT&T Inc.                                                                           | CUSIP: 00206RKJ0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    447000 | PA      | $303707.49    | 0.03%             | 2053-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Pioneer Natural Resources Co.                                                       | Pioneer Natural Resources Co.                                                       | CUSIP: 723787107<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | EC               | CORP              | US        |     43188 | NS      | $9863707.32   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualcomm Inc.                                                                       | Qualcomm Inc.                                                                       | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     60707 | NS      | $6674127.58   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp.                                                                  | Lam Research Corp.                                                                  | CUSIP: 512807108<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     16403 | NS      | $6894180.90   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Brighthouse Financial, Inc.                                                         | Brighthouse Financial, Inc.                                                         | CUSIP: 10922NAH6<br>LEI: 5493003T8SZSHOGGAW52 | Long             | DBT              | CORP              | US        |   1846000 | PA      | $1172180.50   | 0.11%             | 2051-12-22      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury Note/Bond                                                    | United States Treasury Note/Bond                                                    | CUSIP: 91282CFX4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  27335300 | PA      | $27338503.42  | 2.48%             | 2024-11-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| Discover Bank                                                                       | Discover Bank                                                                       | CUSIP: 25466AAK7<br>LEI: X05BVSK68TQ7YTOSNR22 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1497283.14   | 0.14%             | 2023-02-06      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Centene Corp.                                                                       | Centene Corp.                                                                       | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |    116702 | NS      | $9570731.02   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| American Equity Investment Life Holding Co.                                         | American Equity Investment Life Holding Co.                                         | CUSIP: 025676AM9<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |    853000 | PA      | $809120.49    | 0.07%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                                                    | Boeing Co. (The)                                                                    | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   1625000 | PA      | $1514939.89   | 0.14%             | 2050-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                                                    | Paramount Global                                                                    | CUSIP: 124857AQ6<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    367000 | PA      | $352316.59    | 0.03%             | 2026-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| General Motors Co.                                                                  | General Motors Co.                                                                  | CUSIP: 37045VAK6<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    377000 | PA      | $370574.72    | 0.03%             | 2036-04-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Citizens Financial Group, Inc.                                                      | Citizens Financial Group, Inc.                                                      | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |    333488 | NS      | $13129422.56  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson PLC                                                                        | Ferguson PLC                                                                        | CUSIP: G3421J106<br>LEI: 213800DU1LGY3R2S2X42 | Long             | EC               | CORP              | JE        |     90640 | NS      | $11508560.80  | 1.05%             |  |  |  | No            |                  1 | On Loan: —       |
| GS Finance Corp.                                                                    | GS Finance Corp., Series 0003, Conv.                                                | CUSIP: 36255HBE7<br>LEI: 549300FR80KBVO6DRL61 | Long             | DBT              | CORP              | US        |   5880000 | PA      | $5773572.00   | 0.52%             | 2029-07-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Regency Centers, L.P.                                                               | Regency Centers, L.P.                                                               | CUSIP: 75884RAY9<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              | CORP              | US        |    256000 | PA      | $204914.25    | 0.02%             | 2049-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp.                                                               | Lockheed Martin Corp.                                                               | CUSIP: 539830BS7<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    643000 | PA      | $549013.37    | 0.05%             | 2053-06-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Comcast Corp.                                                                       | Comcast Corp.                                                                       | CUSIP: 20030NCT6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    935000 | PA      | $898512.55    | 0.08%             | 2028-10-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| United States Treasury Note/Bond                                                    | United States Treasury Note/Bond                                                    | CUSIP: 91282CFY2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25482100 | PA      | $25316864.38  | 2.30%             | 2029-11-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CSX Corp.                                                                           | CSX Corp.                                                                           | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |    371780 | NS      | $11517744.40  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Management Holdings, L.P.                                                    | Apollo Management Holdings, L.P.                                                    | CUSIP: 03765HAA9<br>LEI: 5493006XQW0V5K38YM64 | Long             | DBT              | CORP              | US        |   2755000 | PA      | $2674124.25   | 0.24%             | 2024-05-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Match Group FinanceCo 2, Inc.                                                       | Match Group FinanceCo 2, Inc., Conv.                                                | CUSIP: 44932FAA5<br>LEI: 549300IPGK4BWL134U96 | Long             | DBT              | CORP              | US        |   1583000 | PA      | $1409859.38   | 0.13%             | 2026-06-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| ConocoPhillips Co.                                                                  | ConocoPhillips Co.                                                                  | CUSIP: 20826FAF3<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    230000 | PA      | $200123.85    | 0.02%             | 2034-11-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                         | Verizon Communications Inc.                                                         | CUSIP: 92343VGK4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    561000 | PA      | $424036.43    | 0.04%             | 2041-03-22      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp.                                                                    | CVS Health Corp.                                                                    | CUSIP: 126650CF5<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    361000 | PA      | $352120.70    | 0.03%             | 2024-08-12      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Electricite de France S.A.                                                          | Electricite de France S.A.                                                          | CUSIP: 268317AK0<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    846000 | PA      | $683451.34    | 0.06%             | 2044-01-22      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MPLX L.P.                                                                           | MPLX L.P.                                                                           | CUSIP: 55336VAE0<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   1721000 | PA      | $1714409.64   | 0.16%             | 2023-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** AIM Variable Insurance Funds (Invesco Variable Insurance Funds)

**Signature:** Sheri Morris

**Name of Signer:** Sheri Morris

**Title:** President