# EDGAR Filing Document

**Accession Number:** 0000933691
**File Stem:** 0001193125-26-071033
**Filing Date:** 2026-2
**Character Count:** 194382
**Document Hash:** b4b08acc59fc590dc315a52953071871
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-071033.hdr.sgml**: 20260225

**ACCESSION NUMBER**: 0001193125-26-071033

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260225

**DATE AS OF CHANGE**: 20260225

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JNL SERIES TRUST
- **CENTRAL INDEX KEY:** 0000933691

**ORGANIZATION NAME:**
- **EIN:** 381659835
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08894
- **FILM NUMBER:** 26677593

**BUSINESS ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951
- **BUSINESS PHONE:** (517) 367-4336

**MAIL ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951

## Series and Classes Contracts Data

### JNL/PPM AMERICA TOTAL RETURN FUND (Series ID: S000052996)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000166583 | JNL/PPM AMERICA TOTAL RETURN FUND (A) |  |
| C000192220 | JNL/PPM AMERICA TOTAL RETURN FUND (I) |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** JNL Series Trust

- **b. Investment Company Act file number:** 811-8894

- **c. CIK number of Registrant:** 0000933691

- **d. LEI of Registrant:** 549300T5WIPN6IWM0D45

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

  - **Street Address 1:** 1 Corporate Way

  - **City:** Lansing

  - **State:** MI

  - **Foreign country:** US

  - **Zip / Postal Code:** 48951

  - **Telephone number:** 517-367-4336

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

- **a. Name of Series:** JNL/PPM America Total Return Fund

- **b. EDGAR series identifier (if any):** S000052996

- **c. LEI of Series:** 549300LERJ7K7W200732

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $1375281316.04

**Total Liabilities:** $11289933.79

**Net Assets:** $1363991382.25

**Cash Not Reported:** $1126412.40

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -141.846670681725 | **1-Year:** -11567.109060389671 | **5-Year:** -42052.871290370402 | **10-Year:** -146958.567139178728 | **30-Year:** -166096.997189443981

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

- **3-Month:** -1.726662697596 | **1-Year:** -2575.983613896016 | **5-Year:** -25617.686285426064 | **10-Year:** -14371.263805958735 | **30-Year:** -13314.894925011848

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000166583 | 0.51%                | 0.58%                | -0.43%               |
| Class ID C000192220 | 0.50%                | 0.64%                | -0.43%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1064374.97             | $3686357.35                                |
| Month 2  | $1480802.09              | $2631122.99                                |
| Month 3  | $1160316.35              | $-11857782.13                              |

**Designated Index Information**

- **Index Name:** Bloomberg U.S. Aggregate Bond Index

- **Index Identifier:** LHMN0001

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Jackson National Asset Management, LLC                        | JNL Government Money Market Fund - Class SL                   | CUSIP: 46628D395<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1838002 | NS      | $1838002.50   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | FUTURE - PHYSICALLY DELIVERED                                 | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |       401 | NC      | $-132522.76   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | FUTURE - PHYSICALLY DELIVERED                                 | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |       505 | NC      | $-63304.38    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | FUTURE - PHYSICALLY DELIVERED                                 | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |       -72 | NC      | $10016.28     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | FUTURE - PHYSICALLY DELIVERED                                 | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |       -45 | NC      | $50963.58     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | FUTURE - PHYSICALLY DELIVERED                                 | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |      -418 | NC      | $119868.82    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | FUTURE - PHYSICALLY DELIVERED                                 | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |        76 | NC      | $-37618.56    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer LP                                            | Energy Transfer LP                                            | CUSIP: 29273VAM2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2573000 | PA      | $2631278.45   | 0.19%             | 2500-12-31      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Exelon Corporation                                            | Exelon Corporation                                            | CUSIP: 30161NBQ3<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |   2199000 | PA      | $2287881.38   | 0.17%             | 2055-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                 | Freedom Mortgage Holdings LLC                                 | CUSIP: 35641AAC2<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |   1859000 | PA      | $1959720.62   | 0.14%             | 2032-04-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| NOVA Chemicals Corporation                                    | NOVA Chemicals Corporation                                    | CUSIP: 66977WAS8<br>LEI: 5493007M1XGU5E55ZJ25 | Long             | DBT              | CORP              | US        |   1860000 | PA      | $1815397.20   | 0.13%             | 2029-05-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| State Street Corporation                                      | State Street Corporation                                      | CUSIP: 857477CG6<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $2055100.04   | 0.15%             | 2034-11-21      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 91282CGZ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10590000 | PA      | $10517193.75  | 0.77%             | 2030-04-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                | Citigroup Inc.                                                | CUSIP: 172967PU9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2776000 | PA      | $2911321.12   | 0.21%             | 2036-01-24      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3138WKVH5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    162454 | PA      | $161658.43    | 0.01%             | 2047-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3128MJJN1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |     71082 | PA      | $72558.04     | 0.01%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132D6AQ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   2792260 | PA      | $2588294.78   | 0.19%             | 2036-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132D6CV0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1158278 | PA      | $1148609.03   | 0.08%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140J6GQ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1823743 | PA      | $1760497.59   | 0.13%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31418EEB2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1773886 | PA      | $1708414.63   | 0.13%             | 2037-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179RF95<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    272187 | PA      | $255724.64    | 0.02%             | 2045-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179TXU4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    227369 | PA      | $211311.88    | 0.02%             | 2048-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179SUV7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    142763 | PA      | $133038.24    | 0.01%             | 2047-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II                                                 | Ginnie Mae II                                                 | CUSIP: 36179W5D6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    385116 | PA      | $354608.94    | 0.03%             | 2052-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179VSG6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3803913 | PA      | $3285565.16   | 0.24%             | 2050-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Golub Capital Private Credit Fund                             | Golub Capital Private Credit Fund                             | CUSIP: 38179RAE5<br>LEI: 254900B5KBW6OY1F9951 | Long             | DBT              | CORP              | US        |    967000 | PA      | $973286.18    | 0.07%             | 2028-08-15      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| First Brands Group, LLC                                       | First Brands Group, LLC                                       | CUSIP: 31935HAD9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    513190 | PA      | $3698.56      | 0.00%             | 2027-03-22      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| MetroNet Infrastructure Issuer LLC                            | MetroNet Infrastructure Issuer LLC                            | CUSIP: 59170JAX6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1450000 | PA      | $1465375.80   | 0.11%             | 2030-08-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Stellantis Financial Underwritten Enhanced Lease Trust 2025-B | Stellantis Financial Underwritten Enhanced Lease Trust 2025-B | CUSIP: 858933AC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3625000 | PA      | $3647090.03   | 0.27%             | 2027-11-22      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 91282CEP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  45388300 | PA      | $42821024.28  | 3.14%             | 2032-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Company                                         | Wells Fargo & Company                                         | CUSIP: 95000U3M3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   3523000 | PA      | $3541802.60   | 0.26%             | 2028-04-22      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31419EJ34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     60765 | PA      | $60831.51     | 0.00%             | 2040-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fideicomiso Irrevocable 1721                                  | Fideicomiso Irrevocable 1721                                  | CUSIP: 31575KAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2398000 | PA      | $2409192.43   | 0.18%             | 2035-11-26      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140QMZG2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1010776 | PA      | $864677.04    | 0.06%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140X8L54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    944373 | PA      | $775348.23    | 0.06%             | 2050-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 912810SH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20310000 | PA      | $14603365.25  | 1.07%             | 2049-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc.                                                 | Alphabet Inc.                                                 | CUSIP: 02079KAN7<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |   1267000 | PA      | $1191538.62   | 0.09%             | 2065-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CSMC 2017-HL1 Trust                                           | CSMC 2017-HL1 Trust                                           | CUSIP: 12594XAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    322040 | PA      | $292380.14    | 0.02%             | 2039-05-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Corporacion Nacional del Cobre de Chile                       | Corporacion Nacional del Cobre de Chile                       | CUSIP: 21987BBM9<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | US        |   2637000 | PA      | $2833119.76   | 0.21%             | 2055-01-13      | Fixed         | 6.78%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3138WJFM5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    932525 | PA      | $844877.23    | 0.06%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3138Y3XV8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    205378 | PA      | $199362.70    | 0.01%             | 2044-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140QFAX7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   6875203 | PA      | $5623185.48   | 0.41%             | 2050-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31418EHP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1766202 | PA      | $1775136.61   | 0.13%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II                                                 | Ginnie Mae II                                                 | CUSIP: 36179WQA9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3110145 | PA      | $2683743.21   | 0.20%             | 2051-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Protective Life Corporation                                   | Protective Life Corporation                                   | CUSIP: 743674BG7<br>LEI: 549300ZWIT8J8Y2EXL07 | Long             | DBT              | CORP              | US        |   3322000 | PA      | $3358982.50   | 0.25%             | 2035-12-15      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 912810UD8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19330000 | PA      | $17777559.38  | 1.30%             | 2044-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II                                                 | Ginnie Mae II                                                 | CUSIP: 36179XLG9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1981138 | PA      | $1944756.46   | 0.14%             | 2052-11-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140X5KH5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1269119 | PA      | $1144282.03   | 0.08%             | 2050-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31418DFS6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    233788 | PA      | $224803.37    | 0.02%             | 2049-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179S5L7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1147643 | PA      | $1068388.18   | 0.08%             | 2047-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II                                                 | Ginnie Mae II                                                 | CUSIP: 36179XX43<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   6266418 | PA      | $6143018.79   | 0.45%             | 2053-04-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3128M7HG4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |     84546 | PA      | $86216.29     | 0.01%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132DWF57<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1051292 | PA      | $1055296.53   | 0.08%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132DWJS3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   7408200 | PA      | $7618980.30   | 0.56%             | 2053-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140FE6B5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    656028 | PA      | $633278.07    | 0.05%             | 2047-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Company                              | Pacific Gas and Electric Company                              | CUSIP: 694308JT5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   1512000 | PA      | $1408138.15   | 0.10%             | 2031-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG, LLC                           | Venture Global Plaquemines LNG, LLC                           | CUSIP: 922966AC0<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   1314000 | PA      | $1345496.58   | 0.10%             | 2034-01-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Meta Platforms, Inc.                                          | Meta Platforms, Inc.                                          | CUSIP: 30303MAE2<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |   3530000 | PA      | $3388614.32   | 0.25%             | 2055-11-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 31292LHB4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    602676 | PA      | $603757.67    | 0.04%             | 2042-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3138ERDR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    575701 | PA      | $574423.23    | 0.04%             | 2046-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Flexential Issuer 2021-1                                      | Flexential Issuer 2021-1                                      | CUSIP: 33938MAK5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2767000 | PA      | $2754035.77   | 0.20%             | 2030-10-25      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                 | Ford Motor Credit Company LLC                                 | CUSIP: 345397C35<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   3456000 | PA      | $3609548.70   | 0.26%             | 2027-11-04      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179VHT0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    650926 | PA      | $601295.52    | 0.04%             | 2050-03-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II                                                 | Ginnie Mae II                                                 | CUSIP: 36179WDS4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3211453 | PA      | $2891982.86   | 0.21%             | 2051-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                       | Hyundai Capital America                                       | CUSIP: 44891ADE4<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   4450000 | PA      | $4464345.02   | 0.33%             | 2027-06-24      | Floating      | 4.75%                 | Yes           |                  2 | On Loan: No      |
| PK Alift Loan Funding 7 LP                                    | PK Alift Loan Funding 7 LP                                    | CUSIP: 69291NAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1403641 | PA      | $1406448.24   | 0.10%             | 2032-02-17      | Fixed         | 4.75%                 | No            |                  3 | On Loan: No      |
| Venture Global LNG, Inc.                                      | Venture Global LNG, Inc.                                      | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   4195000 | PA      | $3314050.00   | 0.24%             | 2500-12-31      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Vista Management Holding, Inc.                                | Vista Management Holding, Inc.                                | CUSIP: 92842EAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2050384 | PA      | $2067464.15   | 0.15%             | 2031-03-27      | Floating      | 7.74%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140FPAV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     22648 | PA      | $21862.39     | 0.00%             | 2047-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140JGLW3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    951773 | PA      | $944138.86    | 0.07%             | 2048-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140Q8QM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    855904 | PA      | $801492.43    | 0.06%             | 2048-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31418EMS6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1939598 | PA      | $1946985.49   | 0.14%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179UKY7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    109623 | PA      | $108834.44    | 0.01%             | 2049-01-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc., The                                | Goldman Sachs Group, Inc., The                                | CUSIP: 38141GC51<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1681000 | PA      | $1703366.88   | 0.12%             | 2056-01-28      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| Grupo Nutresa S.A.                                            | Grupo Nutresa S.A.                                            | CUSIP: 40055CAB9<br>LEI: 549300TN5BQ4P1MC6407 | Long             | DBT              | CORP              | US        |   1842000 | PA      | $2082603.33   | 0.15%             | 2035-05-12      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Barclays PLC                                                  | Barclays PLC                                                  | CUSIP: 06738EDC6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | US        |   1772000 | PA      | $1889395.00   | 0.14%             | 2500-12-31      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| Jane Street Group, LLC                                        | Jane Street Group, LLC                                        | CUSIP: 47077WAE8<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |   2366000 | PA      | $2467383.10   | 0.18%             | 2033-05-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| OBX 2025-NQM11 Trust                                          | OBX 2025-NQM11 Trust                                          | CUSIP: 67449BAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2167684 | PA      | $2184734.61   | 0.16%             | 2065-05-25      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3133GCVL3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1962546 | PA      | $1820415.29   | 0.13%             | 2036-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140MMZZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    703632 | PA      | $707191.11    | 0.05%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Daimler Trucks Finance North America LLC                      | Daimler Trucks Finance North America LLC                      | CUSIP: 233853AX8<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   3995000 | PA      | $4010164.22   | 0.29%             | 2027-09-25      | Floating      | 4.66%                 | Yes           |                  2 | On Loan: No      |
| Extended Stay America Trust 2025-ESH                          | Extended Stay America Trust 2025-ESH                          | CUSIP: 30227TAA8<br>LEI: 549300IESZBC3BJUJW64 | Long             | ABS-MBS          | CORP              | US        |   1175000 | PA      | $1175734.14   | 0.09%             | 2030-10-15      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3138NXKJ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    217518 | PA      | $200717.49    | 0.01%             | 2043-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140QNZL9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     57752 | PA      | $54630.95     | 0.00%             | 2037-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31419AG43<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    360234 | PA      | $360781.17    | 0.03%             | 2040-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179SQW0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    247822 | PA      | $231250.09    | 0.02%             | 2046-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NYC Commercial Mortgage Trust 2025-3BP                        | NYC Commercial Mortgage Trust 2025-3BP                        | CUSIP: 67123LAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1821000 | PA      | $1829232.19   | 0.13%             | 2031-01-10      | Variable      | 4.79%                 | No            |                  2 | On Loan: No      |
| Royalty Pharma PLC                                            | Royalty Pharma PLC                                            | CUSIP: 78081BAL7<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | US        |   3660000 | PA      | $2834524.70   | 0.21%             | 2040-09-02      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc.                                                 | Alphabet Inc.                                                 | CUSIP: 02079KBA4<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |   1358000 | PA      | $1332554.61   | 0.10%             | 2055-11-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating, LLC                         | Charter Communications Operating, LLC                         | CUSIP: 161175CS1<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |   3100000 | PA      | $3095751.14   | 0.23%             | 2035-12-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: —       |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140JAFK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1284977 | PA      | $1243226.40   | 0.09%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3128M6YJ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |     93540 | PA      | $95508.33     | 0.01%             | 2038-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3133GG2J1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   3557484 | PA      | $3292062.89   | 0.24%             | 2037-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II                                                 | Ginnie Mae II                                                 | CUSIP: 36179XLH7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    325756 | PA      | $327526.21    | 0.02%             | 2052-11-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust 2021-C                         | Hyundai Auto Receivables Trust 2021-C                         | CUSIP: 44935FAF1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1024884 | PA      | $1023691.51   | 0.08%             | 2027-12-15      | Fixed         | 1.49%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply, LLC                                      | Talen Energy Supply, LLC                                      | CUSIP: 87422VAM0<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |    558000 | PA      | $568635.48    | 0.04%             | 2034-02-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| American Express Company                                      | American Express Company                                      | CUSIP: 025816DX4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   2694000 | PA      | $2705943.58   | 0.20%             | 2028-07-26      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| Barings CLO Ltd 2025-III                                      | Barings CLO Ltd 2025-III                                      | CUSIP: 06764PAE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5000000 | PA      | $5023785.00   | 0.37%             | 2038-03-31      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| CIM Trust 2021-J2                                             | CIM Trust 2021-J2                                             | CUSIP: 12564EAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4527239 | PA      | $3778122.32   | 0.28%             | 2042-11-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132D6HN3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    423569 | PA      | $417915.41    | 0.03%             | 2039-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3133BHA22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   5618484 | PA      | $5511966.70   | 0.40%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3138ERYP9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     86866 | PA      | $84070.39     | 0.01%             | 2047-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179SJT5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    693782 | PA      | $647388.17    | 0.05%             | 2046-08-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II                                                 | Ginnie Mae II                                                 | CUSIP: 36179WP93<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2281938 | PA      | $1889635.35   | 0.14%             | 2051-10-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Garnet CLO 2 Ltd                                              | Garnet CLO 2 Ltd                                              | CUSIP: 36626CAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3500000 | PA      | $3506961.50   | 0.26%             | 2038-10-20      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Tennessee Valley Authority                                    | Tennessee Valley Authority                                    | CUSIP: 880591FD9<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   3530000 | PA      | $3632298.69   | 0.27%             | 2035-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 91282CNT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  26980000 | PA      | $27208698.67  | 1.99%             | 2035-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3128MJUR9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    126583 | PA      | $120137.55    | 0.01%             | 2044-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3131XY4R7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1382781 | PA      | $1248924.80   | 0.09%             | 2048-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132D6EP1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    354707 | PA      | $355816.85    | 0.03%             | 2038-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3138WGAM6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    213783 | PA      | $201641.92    | 0.01%             | 2045-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31418EW48<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2314501 | PA      | $2383246.71   | 0.17%             | 2053-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Crescent Energy Finance LLC                                   | Crescent Energy Finance LLC                                   | CUSIP: 45344LAE3<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |   2220000 | PA      | $2099981.25   | 0.15%             | 2033-01-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Shentel Issuer LLC                                            | Shentel Issuer LLC                                            | CUSIP: 82321AAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1761000 | PA      | $1776326.86   | 0.13%             | 2055-12-01      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                     | Sunoco LP                                                     | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   1828000 | PA      | $1869130.00   | 0.14%             | 2500-12-31      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 91282CLD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1370000 | PA      | $1393118.75   | 0.10%             | 2031-07-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 91282CNK3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  62380000 | PA      | $62867343.75  | 4.61%             | 2030-06-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Advance Auto Parts, Inc.                                      | Advance Auto Parts, Inc.                                      | CUSIP: 00751YAK2<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |   1863000 | PA      | $1866493.13   | 0.14%             | 2030-08-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Blackstone Reg Finance Co. L.L.C.                             | Blackstone Reg Finance Co. L.L.C.                             | CUSIP: 092914AC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1136000 | PA      | $1128483.77   | 0.08%             | 2036-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3138WGZM9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    236186 | PA      | $229550.57    | 0.02%             | 2031-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140QRHX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2482632 | PA      | $2536661.41   | 0.19%             | 2053-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II                                                 | Ginnie Mae II                                                 | CUSIP: 36179WBZ0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    746553 | PA      | $672287.34    | 0.05%             | 2051-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II                                                 | Ginnie Mae II                                                 | CUSIP: 36179XDE3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2141105 | PA      | $2101785.39   | 0.15%             | 2052-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36202FWA0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    163140 | PA      | $166327.59    | 0.01%             | 2041-08-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                | Morgan Stanley                                                | CUSIP: 61747YFJ9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2880000 | PA      | $3222122.11   | 0.24%             | 2034-11-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3128MJ4B3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    156092 | PA      | $150615.05    | 0.01%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3128MJXQ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    202249 | PA      | $184090.97    | 0.01%             | 2046-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3138WJFK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2719886 | PA      | $2464244.12   | 0.18%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140E2TX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    544264 | PA      | $513807.72    | 0.04%             | 2045-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31418CKW3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    158816 | PA      | $158038.48    | 0.01%             | 2047-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Mosaic Company, The                                           | Mosaic Company, The                                           | CUSIP: 61945CAK9<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | DBT              | CORP              | US        |   3269000 | PA      | $3278258.79   | 0.24%             | 2030-11-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Element Fleet Management Corp.                                | Element Fleet Management Corp.                                | CUSIP: 286181AR3<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | US        |   4600000 | PA      | $4614699.30   | 0.34%             | 2030-11-24      | Fixed         | 4.64%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179SSP3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    667464 | PA      | $608783.62    | 0.04%             | 2046-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179VDP2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1442157 | PA      | $1332198.03   | 0.10%             | 2050-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HPS Corporate Lending Fund                                    | HPS Corporate Lending Fund                                    | CUSIP: 40440VAQ8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2174000 | PA      | $2161912.56   | 0.16%             | 2028-09-11      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo Mortgage Backed Securities Trust                  | Wells Fargo Mortgage Backed Securities Trust                  | CUSIP: 95002TAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    910174 | PA      | $787275.63    | 0.06%             | 2042-12-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Entergy Corporation                                           | Entergy Corporation                                           | CUSIP: 29364GAS2<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   3166000 | PA      | $3166322.93   | 0.23%             | 2056-06-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140HJ5U1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    356940 | PA      | $344004.07    | 0.03%             | 2048-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Protective Life Corporation                                   | Protective Life Corporation                                   | CUSIP: 743674BF9<br>LEI: 549300ZWIT8J8Y2EXL07 | Long             | DBT              | CORP              | US        |   2079000 | PA      | $2085747.81   | 0.15%             | 2031-01-15      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| United Airlines Pass Through Certificates, Series 2015-1      | United Airlines Pass Through Certificates, Series 2015-1      | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   2842000 | PA      | $2828351.01   | 0.21%             | 2029-04-15      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140QBQ68<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    111325 | PA      | $104073.79    | 0.01%             | 2049-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ALA Trust 2025-OANA                                           | ALA Trust 2025-OANA                                           | CUSIP: 009920AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1100000 | PA      | $1104119.83   | 0.08%             | 2027-06-15      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust 2025-13                              | Angel Oak Mortgage Trust 2025-13                              | CUSIP: 034952AC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2639000 | PA      | $2642295.58   | 0.19%             | 2070-10-25      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| Carnival Corporation                                          | Carnival Corporation                                          | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |   2983000 | PA      | $3079947.50   | 0.23%             | 2033-02-15      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3135G05Q2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |   7104000 | PA      | $6254301.93   | 0.46%             | 2030-08-05      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140EU7C7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     86448 | PA      | $81438.97     | 0.01%             | 2046-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140XL6N3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   3176034 | PA      | $2615523.24   | 0.19%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Compass Datacenters Issuer II, LLC                            | Compass Datacenters Issuer II, LLC                            | CUSIP: 20469CAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2535000 | PA      | $2529103.34   | 0.19%             | 2030-11-25      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                            | Energy Transfer LP                                            | CUSIP: 29273VAN0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    565000 | PA      | $566949.25    | 0.04%             | 2500-12-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132WGTJ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    450281 | PA      | $409010.31    | 0.03%             | 2046-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners Clo 41 Ltd                            | Benefit Street Partners Clo 41 Ltd                            | CUSIP: 08186GAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2150000 | PA      | $2159982.45   | 0.16%             | 2038-07-26      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| Citadel Limited Partnership                                   | Citadel Limited Partnership                                   | CUSIP: 17288XAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2402000 | PA      | $2544536.84   | 0.19%             | 2032-01-23      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3128MEX55<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    255091 | PA      | $248187.80    | 0.02%             | 2031-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31418EQ86<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2644520 | PA      | $2649098.82   | 0.19%             | 2053-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179RJD2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    967602 | PA      | $884955.16    | 0.06%             | 2045-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179TCY9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    768824 | PA      | $741753.26    | 0.05%             | 2047-07-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 91282CHZ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4500000 | PA      | $4678242.30   | 0.34%             | 2030-09-30      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                | Citigroup Inc.                                                | CUSIP: 172967PK1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2832500.00   | 0.21%             | 2500-12-31      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132XTKV9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    379079 | PA      | $355521.62    | 0.03%             | 2047-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3138WGRR7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     74380 | PA      | $72172.92     | 0.01%             | 2046-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140K14K9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    465399 | PA      | $417147.34    | 0.03%             | 2049-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140XKW71<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2328377 | PA      | $1918917.34   | 0.14%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132XYXM4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    238383 | PA      | $223494.75    | 0.02%             | 2048-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3138WJA40<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    533688 | PA      | $502095.16    | 0.04%             | 2046-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179UGC0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    851997 | PA      | $819068.22    | 0.06%             | 2048-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179VTW0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3301715 | PA      | $2853176.67   | 0.21%             | 2050-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II                                                 | Ginnie Mae II                                                 | CUSIP: 36179XX35<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2292044 | PA      | $2181434.50   | 0.16%             | 2053-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM20 Trust                                          | OBX 2025-NQM20 Trust                                          | CUSIP: 67126GAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2431054 | PA      | $2431549.51   | 0.18%             | 2065-10-25      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140KADP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1673239 | PA      | $1430862.86   | 0.10%             | 2050-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140KVGN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   4726227 | PA      | $3887705.23   | 0.29%             | 2051-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Hudson River Trading LLC                                      | Hudson River Trading LLC                                      | CUSIP: 44413EAJ7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2497190 | PA      | $2506379.62   | 0.18%             | 2030-03-18      | Floating      | 6.49%                 | No            |                  2 | On Loan: No      |
| Global Atlantic Financial Company                             | Global Atlantic Financial Company                             | CUSIP: 37959GAG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4874000 | PA      | $5032589.72   | 0.37%             | 2054-10-15      | Fixed         | 7.95%                 | Yes           |                  2 | On Loan: No      |
| Houston Galleria Mall Trust 2025-HGLR                         | Houston Galleria Mall Trust 2025-HGLR                         | CUSIP: 44216XAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3137000 | PA      | $3246381.23   | 0.24%             | 2035-02-07      | Variable      | 5.46%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                              | NRG Energy, Inc.                                              | CUSIP: 629377DB5<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   3876000 | PA      | $3867538.30   | 0.28%             | 2035-10-15      | Fixed         | 5.41%                 | Yes           |                  2 | On Loan: No      |
| North Haven Private Income Fund LLC                           | North Haven Private Income Fund LLC                           | CUSIP: 65960NAC4<br>LEI: 2549002BFPESF1EH2765 | Long             | DBT              | CORP              | US        |   1211000 | PA      | $1208652.72   | 0.09%             | 2028-09-25      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: —       |
| Pacific Gas and Electric Company                              | Pacific Gas and Electric Company                              | CUSIP: 694308KH9<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   1419000 | PA      | $1508564.30   | 0.11%             | 2053-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                                  | Royal Caribbean Cruises Ltd.                                  | CUSIP: 78017TAB9<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | US        |   2024000 | PA      | $2034441.01   | 0.15%             | 2036-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 912810RK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  31105000 | PA      | $22065109.38  | 1.62%             | 2045-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| American Electric Power Company, Inc.                         | American Electric Power Company, Inc.                         | CUSIP: 02557TAF6<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   1552000 | PA      | $1524833.17   | 0.11%             | 2056-03-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| BX Trust 2025-DELC                                            | BX Trust 2025-DELC                                            | CUSIP: 05594MAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1654000 | PA      | $1656059.89   | 0.12%             | 2027-12-15      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3128MJZP8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    245848 | PA      | $237836.58    | 0.02%             | 2047-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132DWGG2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   2805552 | PA      | $2808785.62   | 0.21%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132Y33P7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    111362 | PA      | $110670.11    | 0.01%             | 2048-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Advance Auto Parts, Inc.                                      | Advance Auto Parts, Inc.                                      | CUSIP: 00751YAL0<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |   1863000 | PA      | $1868821.88   | 0.14%             | 2033-08-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31402RF87<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    292614 | PA      | $297868.90    | 0.02%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31418CZH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    309646 | PA      | $297940.69    | 0.02%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3138W5LF3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    303702 | PA      | $279280.20    | 0.02%             | 2043-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                          | JPMorgan Chase & Co.                                          | CUSIP: 46643KAA9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | ABS-MBS          | CORP              | US        |     70682 | PA      | $69722.37     | 0.01%             | 2026-10-25      | Variable      | 2.57%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31418EKK5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    183363 | PA      | $181832.25    | 0.01%             | 2037-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31418ES84<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    339119 | PA      | $340391.43    | 0.02%             | 2038-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II                                                 | Ginnie Mae II                                                 | CUSIP: 36179XX50<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3120630 | PA      | $3131741.40   | 0.23%             | 2053-04-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Life Global Funding                                  | New York Life Global Funding                                  | CUSIP: 64952WFE8<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |   4628000 | PA      | $4706035.48   | 0.35%             | 2034-01-09      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Amazon.com, Inc.                                              | Amazon.com, Inc.                                              | CUSIP: 023135CY0<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3398855.60   | 0.25%             | 2065-11-20      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132XUSH9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1228753 | PA      | $1152393.71   | 0.08%             | 2047-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31418BXZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    476301 | PA      | $448700.64    | 0.03%             | 2046-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179UPA4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    181565 | PA      | $174321.00    | 0.01%             | 2049-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northern Trust Corporation                                    | Northern Trust Corporation                                    | CUSIP: 665859AZ7<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |   4831000 | PA      | $4831782.14   | 0.35%             | 2040-11-19      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| NOVA Chemicals Corporation                                    | NOVA Chemicals Corporation                                    | CUSIP: 66977WAV1<br>LEI: 5493007M1XGU5E55ZJ25 | Long             | DBT              | CORP              | US        |   1690000 | PA      | $1797737.50   | 0.13%             | 2031-12-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Philip Morris International Inc.                              | Philip Morris International Inc.                              | CUSIP: 718172DJ5<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   4730000 | PA      | $4893046.41   | 0.36%             | 2034-02-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Silver Point CLO 12 Ltd                                       | Silver Point CLO 12 Ltd                                       | CUSIP: 82809MAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5000000 | PA      | $5010465.00   | 0.37%             | 2038-10-15      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 912810QS0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10898000 | PA      | $9838424.51   | 0.72%             | 2041-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 912810QT8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11200000 | PA      | $9275437.92   | 0.68%             | 2041-11-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 912810RQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20293000 | PA      | $14151197.73  | 1.04%             | 2046-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Alliant Energy Corporation                                    | Alliant Energy Corporation                                    | CUSIP: 018802AF5<br>LEI: 5493009ML300G373MZ12 | Long             | DBT              | CORP              | US        |   1532000 | PA      | $1527830.05   | 0.11%             | 2056-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132XSE22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   2134293 | PA      | $2062742.50   | 0.15%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140KUVQ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   5188772 | PA      | $4237378.28   | 0.31%             | 2050-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31418CNE0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1076989 | PA      | $1039640.76   | 0.08%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vista Management Holding, Inc.                                | Vista Management Holding, Inc.                                | CUSIP: 92842EAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    554735 | PA      | $559356.16    | 0.04%             | 2031-03-27      | Floating      | 7.74%                 | No            |                  2 | On Loan: No      |
| Mars, Incorporated                                            | Mars, Incorporated                                            | CUSIP: N/A<br>LEI: 54930073HKEO6GZBSS03       | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1187726.53   | 0.09%             | 2027-10-11      | Fixed         | 3.74%                 | Yes           |                  3 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3133ARVS1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1381017 | PA      | $1123051.23   | 0.08%             | 2051-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140KUHT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    357534 | PA      | $291977.87    | 0.02%             | 2050-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179VKL3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    483821 | PA      | $436144.99    | 0.03%             | 2050-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Trust 2020-A                           | Hilton Grand Vacations Trust 2020-A                           | CUSIP: 43285HAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    588943 | PA      | $578204.19    | 0.04%             | 2039-02-25      | Fixed         | 2.74%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                | Citigroup Inc.                                                | CUSIP: 17327CBC6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   3550000 | PA      | $3625615.00   | 0.27%             | 2500-12-31      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179TEY7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    321761 | PA      | $293472.85    | 0.02%             | 2047-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AptarGroup, Inc.                                              | AptarGroup, Inc.                                              | CUSIP: 038336AB9<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | DBT              | CORP              | US        |   1983000 | PA      | $1996918.28   | 0.15%             | 2031-03-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140EUF53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    163989 | PA      | $159588.81    | 0.01%             | 2031-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitization Trust 2024-C                | Hyundai Auto Lease Securitization Trust 2024-C                | CUSIP: 448984AD6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1700000 | PA      | $1710990.16   | 0.13%             | 2027-02-16      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust 2025-NQM1                          | J.P. Morgan Mortgage Trust 2025-NQM1                          | CUSIP: 46660HAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3463617 | PA      | $3463355.51   | 0.25%             | 2029-10-25      | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| Macquarie AirFinance Holdings Limited                         | Macquarie AirFinance Holdings Limited                         | CUSIP: 55609NAC2<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | US        |   4199000 | PA      | $4401712.18   | 0.32%             | 2029-03-26      | Fixed         | 6.40%                 | Yes           |                  2 | On Loan: No      |
| First Brands Group, LLC                                       | First Brands Group, LLC                                       | CUSIP: 31935HAG2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4996324 | PA      | $36008.50     | 0.00%             | 2027-03-30      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| ALA Trust 2025-OANA                                           | ALA Trust 2025-OANA                                           | CUSIP: 009920AC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1470000 | PA      | $1473670.30   | 0.11%             | 2027-06-15      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140X8EP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    822433 | PA      | $764927.49    | 0.06%             | 2035-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank                                           | Morgan Stanley Bank                                           | CUSIP: 61690U8C7<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   2005000 | PA      | $2011264.02   | 0.15%             | 2028-05-26      | Floating      | 4.70%                 | Yes           |                  2 | On Loan: No      |
| Resorts World Las Vegas LLC                                   | Resorts World Las Vegas LLC                                   | CUSIP: 76120HAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1410000 | PA      | $1393122.30   | 0.10%             | 2030-07-27      | Fixed         | 8.45%                 | Yes           |                  2 | On Loan: No      |
| RIDE 2025-SHRE                                                | RIDE 2025-SHRE                                                | CUSIP: 765692AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1340000 | PA      | $1378936.65   | 0.10%             | 2030-02-14      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| Carnival Corporation                                          | Carnival Corporation                                          | CUSIP: 143658CA8<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |   2910000 | PA      | $2986387.50   | 0.22%             | 2032-08-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140N3AS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    922615 | PA      | $924543.32    | 0.07%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179RBX6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    356627 | PA      | $335201.52    | 0.02%             | 2045-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132DWDZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   5393200 | PA      | $4783486.02   | 0.35%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140Q9UC5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     75696 | PA      | $72834.80     | 0.01%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140QKLF3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   3167843 | PA      | $2584029.06   | 0.19%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MassMutual Global Funding II                                  | MassMutual Global Funding II                                  | CUSIP: 57629TBS5<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |   7690000 | PA      | $7719068.20   | 0.57%             | 2027-04-09      | Floating      | 4.74%                 | Yes           |                  2 | On Loan: No      |
| Jane Street Group, LLC                                        | Jane Street Group, LLC                                        | CUSIP: 47077DAM2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3430325 | PA      | $3411630.09   | 0.25%             | 2031-12-10      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                             | Enterprise Products Operating LLC                             | CUSIP: 29379VCL5<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    994000 | PA      | $1011441.02   | 0.07%             | 2036-01-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31418EHK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    960827 | PA      | $942611.79    | 0.07%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust 2022-2     | GM Financial Consumer Automobile Receivables Trust 2022-2     | CUSIP: 362585AE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3441000 | PA      | $3436407.30   | 0.25%             | 2028-04-17      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| HPEFS Equipment Trust 2025-1                                  | HPEFS Equipment Trust 2025-1                                  | CUSIP: 40446EAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2955000 | PA      | $2974477.59   | 0.22%             | 2027-11-22      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| Voyager Parent, LLC                                           | Voyager Parent, LLC                                           | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |   1839000 | PA      | $1950406.62   | 0.14%             | 2032-07-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Alphabet Inc.                                                 | Alphabet Inc.                                                 | CUSIP: 02079KAX5<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |   7010000 | PA      | $7029763.99   | 0.52%             | 2032-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc.                                                 | Alphabet Inc.                                                 | CUSIP: 02079KAY3<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |   3128000 | PA      | $3127493.89   | 0.23%             | 2035-11-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Meta Platforms, Inc.                                          | Meta Platforms, Inc.                                          | CUSIP: 30303MAD4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |   1361000 | PA      | $1359260.64   | 0.10%             | 2035-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3138WQAX0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2477000 | PA      | $2284733.66   | 0.17%             | 2043-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31418DC83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    519054 | PA      | $513917.96    | 0.04%             | 2049-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Henneman Trust                                                | Henneman Trust                                                | CUSIP: 425911AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1646000 | PA      | $1715252.32   | 0.13%             | 2055-05-15      | Fixed         | 6.58%                 | Yes           |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 91282CKQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  23655000 | PA      | $24202021.88  | 1.77%             | 2034-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3128MJ3A6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    742200 | PA      | $696076.54    | 0.05%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140FQS73<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1286022 | PA      | $1215727.24   | 0.09%             | 2046-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                          | JPMorgan Chase & Co.                                          | CUSIP: 46647PFC5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   2571000 | PA      | $2662196.97   | 0.20%             | 2036-07-23      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| National Health Investors, Inc.                               | National Health Investors, Inc.                               | CUSIP: 63633DAG9<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | DBT              | CORP              | US        |   1855000 | PA      | $1850978.73   | 0.14%             | 2033-02-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| 180 Medical, Inc.                                             | 180 Medical, Inc.                                             | CUSIP: 682357AB4<br>LEI: 254900ZB648OPWVFVX59 | Long             | DBT              | CORP              | US        |   2143000 | PA      | $2136193.83   | 0.16%             | 2035-10-08      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132DWET6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1223290 | PA      | $1227949.05   | 0.09%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140GSPP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    569230 | PA      | $556156.71    | 0.04%             | 2032-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JNL Government Money Market Fund                              | JNL Government Money Market Fund                              | CUSIP: 46628D437<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  21500881 | NS      | $21500880.71  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Asset Management Ltd.                              | Brookfield Asset Management Ltd.                              | CUSIP: 113004AB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2810000 | PA      | $2831407.99   | 0.21%             | 2030-11-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31418ESB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    370473 | PA      | $371863.13    | 0.03%             | 2038-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II                                                 | Ginnie Mae II                                                 | CUSIP: 36179X5F9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1006691 | PA      | $986867.44    | 0.07%             | 2053-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 3622A2TA0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    289650 | PA      | $271856.50    | 0.02%             | 2046-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Grace Trust                                                   | Grace Trust                                                   | CUSIP: 38406JAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5550000 | PA      | $4965617.19   | 0.36%             | 2030-12-12      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| GreatAmerica Financial Services Corporation                   | GreatAmerica Financial Services Corporation                   | CUSIP: 39154TCP1<br>LEI: 549300JFP7GIDD4UWO79 | Long             | ABS-CBDO         | CORP              | US        |   2041000 | PA      | $2047876.13   | 0.15%             | 2027-11-15      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM13 Trust                                          | OBX 2025-NQM13 Trust                                          | CUSIP: 67121UAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3103491 | PA      | $3129764.69   | 0.23%             | 2065-05-25      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| XPO, Inc.                                                     | XPO, Inc.                                                     | CUSIP: 98379KAA0<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |   2506000 | PA      | $2560192.25   | 0.19%             | 2028-06-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3128MJYM6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    536282 | PA      | $487129.20    | 0.04%             | 2046-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132XVNB5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1130907 | PA      | $1029617.43   | 0.08%             | 2047-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140N5MT8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    930851 | PA      | $923080.64    | 0.07%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Trust 2019-A                           | Hilton Grand Vacations Trust 2019-A                           | CUSIP: 43284HAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    496070 | PA      | $494313.79    | 0.04%             | 2033-07-25      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                          | JPMorgan Chase & Co.                                          | CUSIP: 46647PEW2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   2743000 | PA      | $2869736.20   | 0.21%             | 2036-01-24      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Blue Owl Technology Finance Corp.                             | Blue Owl Technology Finance Corp.                             | CUSIP: 095924AA4<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |   1958000 | PA      | $1970053.06   | 0.14%             | 2028-03-15      | Fixed         | 6.10%                 | Yes           |                  2 | On Loan: No      |
| DataBank Issuer II LLC                                        | DataBank Issuer II LLC                                        | CUSIP: 23802YAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1845000 | PA      | $1824918.65   | 0.13%             | 2028-10-25      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| Meta Platforms, Inc.                                          | Meta Platforms, Inc.                                          | CUSIP: 30303M8V7<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |   2552000 | PA      | $2371880.61   | 0.17%             | 2054-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132AEC87<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    315927 | PA      | $308017.74    | 0.02%             | 2034-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132WH2H7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1209769 | PA      | $1102667.85   | 0.08%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3138EJ6R4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    185129 | PA      | $177466.22    | 0.01%             | 2042-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140GSPD8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    668100 | PA      | $644722.73    | 0.05%             | 2047-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II                                                 | Ginnie Mae II                                                 | CUSIP: 36179WBY3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2932006 | PA      | $2530943.54   | 0.19%             | 2051-03-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Retained Vantage Data Centers Issuer LLC                      | Retained Vantage Data Centers Issuer LLC                      | CUSIP: 76134KAH7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2800000 | PA      | $2772123.48   | 0.20%             | 2029-09-15      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| Universal Health Services, Inc.                               | Universal Health Services, Inc.                               | CUSIP: 913903BA7<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |   1540000 | PA      | $1360501.91   | 0.10%             | 2032-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Amazon.com, Inc.                                              | Amazon.com, Inc.                                              | CUSIP: 023135CT1<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3505171.60   | 0.26%             | 2030-11-20      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3128MJY61<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    695960 | PA      | $631301.88    | 0.05%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132WEF56<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    191724 | PA      | $186135.56    | 0.01%             | 2046-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140HJHS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    757225 | PA      | $728599.18    | 0.05%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140MWXQ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    263386 | PA      | $263998.58    | 0.02%             | 2052-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eli Lilly and Company                                         | Eli Lilly and Company                                         | CUSIP: 532457DD7<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |   2534000 | PA      | $2569628.80   | 0.19%             | 2032-10-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 912810UK2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  18540000 | PA      | $18270591.55  | 1.34%             | 2055-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Mineral Resources Limited                                     | Mineral Resources Limited                                     | CUSIP: 603051AF0<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | US        |   1168000 | PA      | $1212816.16   | 0.09%             | 2031-04-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: —       |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 91282CJG7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3750000 | PA      | $3941015.63   | 0.29%             | 2030-10-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Athene Holding Ltd                                            | Athene Holding Ltd                                            | CUSIP: 04686JAL5<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |   2074000 | PA      | $2113152.35   | 0.15%             | 2055-05-19      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3133AXTV4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   2615071 | PA      | $2246890.35   | 0.16%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3133KGU22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    275744 | PA      | $247155.28    | 0.02%             | 2049-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc., The                                | Goldman Sachs Group, Inc., The                                | CUSIP: 38141GB86<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   2724000 | PA      | $2728825.84   | 0.20%             | 2045-11-19      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| MVW 2024-2 LLC                                                | MVW 2024-2 LLC                                                | CUSIP: 55389QAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4952356 | PA      | $4960312.60   | 0.36%             | 2042-03-20      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| Manhattan West 2020-1MW Mortgage Trust                        | Manhattan West 2020-1MW Mortgage Trust                        | CUSIP: 563136AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3832588 | PA      | $3689217.40   | 0.27%             | 2027-09-10      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 91282CMA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  24680000 | PA      | $25111900.00  | 1.84%             | 2029-11-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3138ETWH5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    367321 | PA      | $368851.83    | 0.03%             | 2046-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31418CUH5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     73920 | PA      | $72085.32     | 0.01%             | 2033-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ARDN 2025-ARCP Mortgage Trust                                 | ARDN 2025-ARCP Mortgage Trust                                 | CUSIP: 039961AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2839000 | PA      | $2838996.03   | 0.21%             | 2027-06-15      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140KT5Z4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   3204182 | PA      | $2616675.45   | 0.19%             | 2050-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179T4P7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1112666 | PA      | $1069662.99   | 0.08%             | 2048-07-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LYB International Finance III, LLC                            | LYB International Finance III, LLC                            | CUSIP: 50249AAQ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    391000 | PA      | $392424.92    | 0.03%             | 2031-01-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36182EAU7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    497534 | PA      | $479519.17    | 0.04%             | 2044-05-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 91282CKP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6900000 | PA      | $7124788.89   | 0.52%             | 2029-04-30      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| American Airlines, Inc.                                       | American Airlines, Inc.                                       | CUSIP: 023765AA8<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | ABS-CBDO         | CORP              | US        |   3381917 | PA      | $3283703.09   | 0.24%             | 2028-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Boeing Company, The                                           | Boeing Company, The                                           | CUSIP: 097023DU6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   1318000 | PA      | $1496428.34   | 0.11%             | 2064-05-01      | Fixed         | 7.01%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3138WGX90<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    332424 | PA      | $302218.03    | 0.02%             | 2046-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140EULG2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    698533 | PA      | $658782.06    | 0.05%             | 2045-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Consolidated Communications LLC/Fidium Fiber Finan            | Consolidated Communications LLC/Fidium Fiber Finan            | CUSIP: 315961AA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3327000 | PA      | $3353447.32   | 0.25%             | 2055-12-20      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| Herc Holdings Inc.                                            | Herc Holdings Inc.                                            | CUSIP: 42704LAK0<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    797000 | PA      | $807719.65    | 0.06%             | 2034-03-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley                                                | Morgan Stanley                                                | CUSIP: 61747YFZ3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2532000 | PA      | $2608631.99   | 0.19%             | 2031-04-17      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 91282CLG4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  32730000 | PA      | $32868081.32  | 2.41%             | 2027-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Amazon.com, Inc.                                              | Amazon.com, Inc.                                              | CUSIP: 023135CV6<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3486076.30   | 0.26%             | 2035-11-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140FQTZ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    432424 | PA      | $408587.00    | 0.03%             | 2046-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140Q83V5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    323003 | PA      | $320715.23    | 0.02%             | 2048-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31418EKH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    525425 | PA      | $505868.02    | 0.04%             | 2037-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179UMM1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    588657 | PA      | $584422.89    | 0.04%             | 2049-02-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Acquisition Corp.                        | J.P. Morgan Mortgage Acquisition Corp.                        | CUSIP: 46647EAT8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    245525 | PA      | $232666.71    | 0.02%             | 2029-01-25      | Variable      | 2.94%                 | No            |                  2 | On Loan: No      |
| M&T Equipment (2025-LEAF1), LLC                               | M&T Equipment (2025-LEAF1), LLC                               | CUSIP: 55340QAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4573000 | PA      | $4595474.47   | 0.34%             | 2027-12-16      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| SBNA Auto Lease Trust 2024-C                                  | SBNA Auto Lease Trust 2024-C                                  | CUSIP: 78398DAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1783329 | PA      | $1787808.70   | 0.13%             | 2028-02-22      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| Synergy Infrastructure Holdings, LLC                          | Synergy Infrastructure Holdings, LLC                          | CUSIP: 87191JAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1694000 | PA      | $1755407.50   | 0.13%             | 2030-12-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Walmart Inc.                                                  | Walmart Inc.                                                  | CUSIP: 931142FP3<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |   2891000 | PA      | $2974099.48   | 0.22%             | 2035-04-28      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3131XVMS1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    849599 | PA      | $769745.21    | 0.06%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132GTPY7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    106409 | PA      | $101811.61    | 0.01%             | 2042-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132XUU37<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    208233 | PA      | $195292.51    | 0.01%             | 2047-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179NF78<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    287695 | PA      | $272069.11    | 0.02%             | 2043-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| American Express Company                                      | American Express Company                                      | CUSIP: 025816EH8<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   3477000 | PA      | $3671281.90   | 0.27%             | 2036-04-25      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| Brightstar Lottery PLC                                        | Brightstar Lottery PLC                                        | CUSIP: 108922AA3<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | US        |   2085000 | PA      | $2070029.70   | 0.15%             | 2033-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| DB Master Finance LLC                                         | DB Master Finance LLC                                         | CUSIP: 233046AW1<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-CBDO         | CORP              | US        |   1228000 | PA      | $1236470.38   | 0.09%             | 2032-11-22      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132DWKW2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1939676 | PA      | $1994560.59   | 0.15%             | 2054-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140F9WG6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    766654 | PA      | $694596.24    | 0.05%             | 2047-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179SYS0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    823736 | PA      | $767621.63    | 0.06%             | 2047-03-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3128M9Z62<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    250594 | PA      | $255885.93    | 0.02%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132XTMS4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    293016 | PA      | $274806.72    | 0.02%             | 2047-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140N2YG0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1271878 | PA      | $1124909.90   | 0.08%             | 2053-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179SNU7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    329899 | PA      | $300895.94    | 0.02%             | 2046-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179UKW1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1075186 | PA      | $1000935.20   | 0.07%             | 2049-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179UN99<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    197790 | PA      | $183018.01    | 0.01%             | 2049-03-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2020-4                                 | Sequoia Mortgage Trust 2020-4                                 | CUSIP: 81748RAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2314513 | PA      | $1922853.51   | 0.14%             | 2043-10-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company, Inc.                        | General Motors Financial Company, Inc.                        | CUSIP: 37045XES1<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   4700000 | PA      | $4726766.50   | 0.35%             | 2027-05-08      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| Herc Holdings Inc.                                            | Herc Holdings Inc.                                            | CUSIP: 42704LAH7<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |   1373000 | PA      | $1391779.21   | 0.10%             | 2031-03-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Regal Rexnord Corporation                                     | Regal Rexnord Corporation                                     | CUSIP: 758750AL7<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |   2477000 | PA      | $2481626.29   | 0.18%             | 2026-02-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 912810SJ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  23095000 | PA      | $14520981.25  | 1.06%             | 2049-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| VTR Commercial Mortgage Trust 2025-STEM                       | VTR Commercial Mortgage Trust 2025-STEM                       | CUSIP: 92890YAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    900000 | PA      | $900486.99    | 0.07%             | 2029-10-15      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Sandisk Corp                                                  | Sandisk Corp                                                  | CUSIP: 80004YAC7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    387258 | PA      | $389194.07    | 0.03%             | 2031-12-12      | Floating      | 6.86%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179UH54<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    356946 | PA      | $354825.27    | 0.03%             | 2048-12-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                          | Glencore Funding LLC                                          | CUSIP: 378272BU1<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   4420000 | PA      | $4619508.19   | 0.34%             | 2034-04-04      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| Resorts World Las Vegas LLC                                   | Resorts World Las Vegas LLC                                   | CUSIP: 76120HAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1406784.00   | 0.10%             | 2031-04-06      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132DWES8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1158894 | PA      | $1136923.45   | 0.08%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140EUFD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    488801 | PA      | $460476.27    | 0.03%             | 2046-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140Q7LE5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     99738 | PA      | $99156.15     | 0.01%             | 2047-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140X97A7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2059119 | PA      | $1853356.54   | 0.14%             | 2051-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| QTS Issuer ABS I LLC                                          | QTS Issuer ABS I LLC                                          | CUSIP: 74690DAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2850000 | PA      | $2866685.61   | 0.21%             | 2030-05-28      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| Bank of America Corporation                                   | Bank of America Corporation                                   | CUSIP: 06051GKK4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2908000 | PA      | $2660889.21   | 0.20%             | 2033-02-04      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132DWJL8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    159216 | PA      | $161984.39    | 0.01%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132L7F95<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    355036 | PA      | $344461.67    | 0.03%             | 2045-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                 | Ford Motor Credit Company LLC                                 | CUSIP: 345397E25<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1130873.37   | 0.08%             | 2031-03-05      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                          | Glencore Funding LLC                                          | CUSIP: 378272CA4<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   4597000 | PA      | $4803396.57   | 0.35%             | 2035-04-01      | Fixed         | 5.67%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                          | JPMorgan Chase & Co.                                          | CUSIP: 46647PEX0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   8605000 | PA      | $9030987.94   | 0.66%             | 2036-04-22      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3133KKD48<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   3934455 | PA      | $3217965.95   | 0.24%             | 2050-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31418EJF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1165321 | PA      | $1169759.91   | 0.09%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II                                                 | Ginnie Mae II                                                 | CUSIP: 36179XHY5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    728745 | PA      | $715362.00    | 0.05%             | 2052-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Bank of America Corporation                                   | Bank of America Corporation                                   | CUSIP: 06051GMD8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   4205000 | PA      | $4312779.20   | 0.32%             | 2035-10-25      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31410LPE6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    214695 | PA      | $218941.76    | 0.02%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 3618N5EU9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2368190 | PA      | $2365520.80   | 0.17%             | 2055-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Merck & Co., Inc.                                             | Merck & Co., Inc.                                             | CUSIP: 58933YBY0<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |   1626000 | PA      | $1627059.83   | 0.12%             | 2032-12-04      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Private Bank, National Association             | Morgan Stanley Private Bank, National Association             | CUSIP: 61776NVG5<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |   4993000 | PA      | $5059491.78   | 0.37%             | 2031-07-18      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 91282CPN5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  27840000 | PA      | $27572474.30  | 2.02%             | 2030-11-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Company LLC                                 | Vistra Operations Company LLC                                 | CUSIP: 92840VAQ5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   3532000 | PA      | $3929926.07   | 0.29%             | 2033-10-15      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| Capital One Financial Corporation                             | Capital One Financial Corporation                             | CUSIP: 14040HDJ1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   2627000 | PA      | $2745711.50   | 0.20%             | 2036-01-30      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress, LLC                                     | Duke Energy Progress, LLC                                     | CUSIP: 26442UAU8<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |   2402000 | PA      | $2447113.40   | 0.18%             | 2035-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132ACM80<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   3040212 | PA      | $2847890.31   | 0.21%             | 2048-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132DWMK6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |  22609588 | PA      | $22953266.80  | 1.68%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140J7TS4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    372368 | PA      | $350092.46    | 0.03%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140KABJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   4293624 | PA      | $3671674.21   | 0.27%             | 2050-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140QCM78<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1325693 | PA      | $1266058.97   | 0.09%             | 2034-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II                                                 | Ginnie Mae II                                                 | CUSIP: 36179W7K8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1289308 | PA      | $1159639.95   | 0.09%             | 2052-06-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Eli Lilly and Company                                         | Eli Lilly and Company                                         | CUSIP: 532457DE5<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |   3057000 | PA      | $3111200.00   | 0.23%             | 2035-10-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                | Morgan Stanley                                                | CUSIP: 61747YGA7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   4122000 | PA      | $4333006.00   | 0.32%             | 2036-04-17      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 912810UJ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14350000 | PA      | $14305156.25  | 1.05%             | 2045-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Delos Aircraft Designated Activity Co                         | Delos Aircraft Designated Activity Co                         | CUSIP: L2324EAF8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1527374 | PA      | $1535331.62   | 0.11%             | 2027-10-14      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Air Canada                                                    | Air Canada                                                    | CUSIP: C0102MAS4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2439550 | PA      | $2451747.25   | 0.18%             | 2031-03-14      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| American Express Company                                      | American Express Company                                      | CUSIP: 025816EM7<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   2778000 | PA      | $2747604.79   | 0.20%             | 2036-10-24      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Carnival Corporation                                          | Carnival Corporation                                          | CUSIP: 143658CB6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |   2003000 | PA      | $2024791.04   | 0.15%             | 2029-05-01      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| DB Master Finance LLC                                         | DB Master Finance LLC                                         | CUSIP: 233046AU5<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-CBDO         | CORP              | US        |   1002000 | PA      | $1004252.30   | 0.07%             | 2030-11-20      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| Diameter Capital CLO 12 Ltd                                   | Diameter Capital CLO 12 Ltd                                   | CUSIP: 25255YAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2850000 | PA      | $2846149.65   | 0.21%             | 2038-10-20      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140K4UB4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    189501 | PA      | $170682.75    | 0.01%             | 2050-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140Q7HV2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    204956 | PA      | $203952.44    | 0.01%             | 2047-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31418DTN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2737765 | PA      | $2606912.19   | 0.19%             | 2035-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                 | Ford Motor Credit Company LLC                                 | CUSIP: 345397G31<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1340000 | PA      | $1372382.04   | 0.10%             | 2031-11-05      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II                                                 | Ginnie Mae II                                                 | CUSIP: 36179W2U1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    346620 | PA      | $299152.67    | 0.02%             | 2052-04-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust 2022-4                             | J.P. Morgan Mortgage Trust 2022-4                             | CUSIP: 46655GAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4576246 | PA      | $4001712.50   | 0.29%             | 2043-09-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| KKR CLO 54 LTD                                                | KKR CLO 54 LTD                                                | CUSIP: 48256VAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   6500000 | PA      | $6505999.50   | 0.48%             | 2038-01-15      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| LEX 2024-BBG Mortgage Trust                                   | LEX 2024-BBG Mortgage Trust                                   | CUSIP: 52885AAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2503416.75   | 0.18%             | 2033-10-13      | Variable      | 4.87%                 | No            |                  2 | On Loan: No      |
| Antofagasta PLC                                               | Antofagasta PLC                                               | CUSIP: 03718NAD8<br>LEI: 213800MY6QVH4FVLD628 | Long             | DBT              | CORP              | US        |    306000 | PA      | $314705.21    | 0.02%             | 2035-09-09      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140XNZ49<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   4247526 | PA      | $3756714.77   | 0.28%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3142JCAC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    529924 | PA      | $536850.00    | 0.04%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United Airlines Pass Through Certificates, Series 2015-1      | United Airlines Pass Through Certificates, Series 2015-1      | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   2340000 | PA      | $2340095.24   | 0.17%             | 2026-04-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Bank 2017-Bnk5                                                | Bank 2017-Bnk5                                                | CUSIP: 06541WBA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2286000 | PA      | $2239190.49   | 0.16%             | 2027-06-17      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3128MJX54<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    332481 | PA      | $322789.81    | 0.02%             | 2046-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132GUKJ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    181334 | PA      | $173821.13    | 0.01%             | 2042-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132JM5R6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    311292 | PA      | $286787.04    | 0.02%             | 2043-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3138WJQ27<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    499745 | PA      | $469693.40    | 0.03%             | 2046-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3138WK4Q5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     43049 | PA      | $41555.99     | 0.00%             | 2047-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hudson Yards 2019-30HY Mortgage Trust                         | Hudson Yards 2019-30HY Mortgage Trust                         | CUSIP: 44421GAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2295000 | PA      | $2192248.95   | 0.16%             | 2029-07-12      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 91282CHT1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  16073000 | PA      | $15956220.01  | 1.17%             | 2033-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3131Y1GX2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1267432 | PA      | $1221499.21   | 0.09%             | 2048-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 31418CR89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    854872 | PA      | $800793.46    | 0.06%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179USV5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    140245 | PA      | $139236.26    | 0.01%             | 2049-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179VHU7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    562083 | PA      | $538602.63    | 0.04%             | 2050-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                | Morgan Stanley                                                | CUSIP: 61747YFN0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6028398.00   | 0.44%             | 2028-04-13      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply, LLC                                      | Talen Energy Supply, LLC                                      | CUSIP: 87422VAN8<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |    930000 | PA      | $961778.10    | 0.07%             | 2036-02-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Ginnie Mae II                                                 | Ginnie Mae II                                                 | CUSIP: 36179XHZ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1278737 | PA      | $1285688.12   | 0.09%             | 2052-10-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 91282CND9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  44330000 | PA      | $44574160.77  | 3.27%             | 2028-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 91282CNF4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10680000 | PA      | $10829353.39  | 0.79%             | 2032-05-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Jane Street Group, LLC                                        | Jane Street Group, LLC                                        | CUSIP: 47077DAM2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    626146 | PA      | $622733.78    | 0.05%             | 2031-12-10      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| Dryden 123 CLO Ltd                                            | Dryden 123 CLO Ltd                                            | CUSIP: 26253HAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   6500000 | PA      | $6489970.50   | 0.48%             | 2038-04-15      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3138EN4H9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     21685 | PA      | $21646.06     | 0.00%             | 2044-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Corp II                                | GS Mortgage Securities Corp II                                | CUSIP: 36270GAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3622000 | PA      | $3617923.80   | 0.27%             | 2026-09-11      | Variable      | 4.32%                 | No            |                  2 | On Loan: No      |
| Golub Capital Private Credit Fund                             | Golub Capital Private Credit Fund                             | CUSIP: 38179RAB1<br>LEI: 254900B5KBW6OY1F9951 | Long             | DBT              | CORP              | US        |   3890000 | PA      | $3932828.51   | 0.29%             | 2029-09-12      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| JBS USA Lux S.A.                                              | JBS USA Lux S.A.                                              | CUSIP: 47214BAD0<br>LEI: P77IMDGVZE8EFBTF2M92 | Long             | DBT              | CORP              | US        |   4465000 | PA      | $4981771.06   | 0.37%             | 2053-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| PARK BLUE CLO 2023-III LTD                                    | PARK BLUE CLO 2023-III LTD                                    | CUSIP: 70019AAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   7077000 | PA      | $7095775.28   | 0.52%             | 2037-04-20      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG, LLC                           | Venture Global Plaquemines LNG, LLC                           | CUSIP: 922966AE6<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   1112000 | PA      | $1132249.52   | 0.08%             | 2030-12-15      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: No      |
| First Brands Group, LLC                                       | First Brands Group, LLC                                       | CUSIP: 31935HAM9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1069981 | PA      | $192596.56    | 0.01%             | 2026-06-29      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| Meta Platforms, Inc.                                          | Meta Platforms, Inc.                                          | CUSIP: 30303MAC6<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |   3176000 | PA      | $3198900.55   | 0.23%             | 2032-11-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                      | Government National Mortgage Association                      | CUSIP: 36179VFP0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1287640 | PA      | $1161156.81   | 0.09%             | 2050-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                                  | Royal Caribbean Cruises Ltd.                                  | CUSIP: 780153BW1<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | US        |   1480000 | PA      | $1515081.77   | 0.11%             | 2031-09-30      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 912810RD2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8100000 | PA      | $7111863.18   | 0.52%             | 2043-11-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 91282CPM7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  27850000 | PA      | $27553004.82  | 2.02%             | 2032-11-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG, LLC                           | Venture Global Plaquemines LNG, LLC                           | CUSIP: 922966AF3<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   2219000 | PA      | $2266886.02   | 0.17%             | 2034-06-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| VICI Properties Inc.                                          | VICI Properties Inc.                                          | CUSIP: 92564RAD7<br>LEI: 254900RKH6RY9KCJQH63 | Long             | DBT              | CORP              | US        |   1679000 | PA      | $1668103.96   | 0.12%             | 2027-02-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Stonepeak Bayou Holdings LP                                   | Stonepeak Bayou Holdings LP                                   | CUSIP: 86185AAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1825780 | PA      | $1636355.33   | 0.12%             | 2032-09-24      | Floating      | 6.74%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corporation                             | Capital One Financial Corporation                             | CUSIP: 14040HDA0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   1732000 | PA      | $1872722.58   | 0.14%             | 2034-06-08      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3132DWN74<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   8111942 | PA      | $8094673.90   | 0.59%             | 2055-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3133KLRF6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   4603885 | PA      | $3765488.69   | 0.28%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3138WKQG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    887757 | PA      | $856970.48    | 0.06%             | 2047-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                 | Ford Motor Credit Company LLC                                 | CUSIP: 345397A86<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    632000 | PA      | $627473.36    | 0.05%             | 2027-08-17      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                         | Foundry JV Holdco LLC                                         | CUSIP: 350930AA1<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   2810000 | PA      | $2891973.04   | 0.21%             | 2034-01-25      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley                                                | Morgan Stanley                                                | CUSIP: 61747YFV2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2769000 | PA      | $2741319.69   | 0.20%             | 2055-11-19      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| Phillips 66                                                   | Phillips 66                                                   | CUSIP: 718547AZ5<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |   2575000 | PA      | $2539745.42   | 0.19%             | 2056-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| RIDE 2025-SHRE                                                | RIDE 2025-SHRE                                                | CUSIP: 765692AC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    660000 | PA      | $679942.10    | 0.05%             | 2030-02-14      | Variable      | 6.02%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                  | UBS Group AG                                                  | CUSIP: 902613BU1<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | US        |   4170000 | PA      | $4118628.52   | 0.30%             | 2047-05-06      | Fixed         | 5.53%                 | Yes           |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 912810SA7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  16488000 | PA      | $12294509.68  | 0.90%             | 2048-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 3128MJYP9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    134220 | PA      | $130223.31    | 0.01%             | 2046-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                        | Federal Home Loan Mortgage Corporation                        | CUSIP: 31292LJB2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    219363 | PA      | $210052.08    | 0.02%             | 2042-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3138WGZ23<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    112003 | PA      | $109864.84    | 0.01%             | 2031-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140XCNV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    169462 | PA      | $161944.83    | 0.01%             | 2036-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II                                                 | Ginnie Mae II                                                 | CUSIP: 36179WNE4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3037981 | PA      | $2621473.26   | 0.19%             | 2051-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II                                                 | Ginnie Mae II                                                 | CUSIP: 36179WVT2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3739634 | PA      | $3097897.68   | 0.23%             | 2052-01-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II                                                 | Ginnie Mae II                                                 | CUSIP: 36179XHX7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    975020 | PA      | $929186.26    | 0.07%             | 2052-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Marb Bondco PLC                                               | Marb Bondco PLC                                               | CUSIP: 566007AC4<br>LEI: 254900PVA1EU6QM1JN57 | Long             | DBT              | CORP              | US        |   3470000 | PA      | $3139135.50   | 0.23%             | 2031-01-29      | Fixed         | 3.95%                 | Yes           |                  2 | On Loan: No      |
| Pacific Gas and Electric Company                              | Pacific Gas and Electric Company                              | CUSIP: 694308KG1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   2943000 | PA      | $3081657.68   | 0.23%             | 2032-06-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                         | Treasury, United States Department of                         | CUSIP: 912810TL2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  16510000 | PA      | $14354026.79  | 1.05%             | 2052-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.                   | Federal National Mortgage Association, Inc.                   | CUSIP: 3140QNTD4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   3884565 | PA      | $3435694.68   | 0.25%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| First Quantum Minerals Ltd                                    | First Quantum Minerals Ltd                                    | CUSIP: 335934AW5<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | US        |    340000 | PA      | $362280.20    | 0.03%             | 2033-03-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| MetroNet Infrastructure Issuer LLC                            | MetroNet Infrastructure Issuer LLC                            | CUSIP: 59170JBD9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1848000 | PA      | $1852077.98   | 0.14%             | 2055-12-22      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-25

**Name of Applicant:** JNL Series Trust

**Signature:** Andrew Tedeschi

**Name of Signer:** Andrew Tedeschi

**Title:** Principal Financial Officer