# EDGAR Filing Document

**Accession Number:** 0001587551
**File Stem:** 0000910472-26-003262
**Filing Date:** 2026-2
**Character Count:** 135770
**Document Hash:** d7db67d52fef89a10a504e0796f351fe
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-003262.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0000910472-26-003262

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Capitol Series Trust
- **CENTRAL INDEX KEY:** 0001587551

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22895
- **FILM NUMBER:** 26693857

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 5135873447

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### Sterling Capital Enhanced Core Bond ETF (Series ID: S000090923)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000258312 | Sterling Capital Enhanced Core Bond ETF | SCEC            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-22895

- **c. CIK number of Registrant:** 0001587551

- **d. LEI of Registrant:** 549300MZI5K7U8BD2Q02

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

  - **Street Address 1:** 225 Pictoria Drive

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 513-587-3400

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

- **a. Name of Series:** STERLING CAPITAL ENHANCED CORE BOND ETF

- **b. EDGAR series identifier (if any):** S000090923

- **c. LEI of Series:** 529900LGZYTJGXCB7N31

**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:** $492447076.46

**Total Liabilities:** $4561617.18

**Net Assets:** $487885459.28

**Cash Not Reported:** $704856.31

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 90.64155637 | **1-Year:** 14364.84300602 | **5-Year:** 90593.25326078 | **10-Year:** 72164.35418529 | **30-Year:** 16071.42325513

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

- **3-Month:** 39.41657848 | **1-Year:** 1307.20417299 | **5-Year:** 6023.14793205 | **10-Year:** 1519.65430223 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000258312 | 0.56%                | 0.66%                | -0.19%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $501507.05               | $366439.38                                 |
| Month 2  | $381894.26               | $919373.35                                 |
| Month 3  | $117404.65               | $-2937248.91                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| ADT Security Corp.                                                                   | ADT Security Corporation (The) 5.875%, Due 10/15/2033                            | CUSIP: 00109LAB9<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |    570000 | PA      | $577645.71    | 0.12%             | 2033-10-15      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| Apld Computeco LLC                                                                   | APLD ComputeCo, LLC 9.25%, Due 12/15/2030                                        | CUSIP: 00202DAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    327000 | PA      | $321007.86    | 0.07%             | 2030-12-15      | Fixed         | 9.25%                 | Yes           | 2                  | On Loan: No      |
| AT&T Inc                                                                             | AT&T, Inc. 4.3%, Due 02/15/2030                                                  | CUSIP: 00206RGQ9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    739000 | PA      | $740222.29    | 0.15%             | 2030-02-15      | Fixed         | 4.30%                 | No            | 2                  | On Loan: No      |
| AT&T Inc                                                                             | AT&T, Inc. 3.5%, Due 06/01/2041                                                  | CUSIP: 00206RJZ6<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1565000 | PA      | $1232277.76   | 0.25%             | 2041-06-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| AerCap Ireland Capital Designated Activity Co. / AerCap Global Aviation Trust (AER)  | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MBE4<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |    480000 | PA      | $513569.68    | 0.11%             | 2030-09-30      | Fixed         | 6.15%                 | No            | 2                  | On Loan: No      |
| Aircastle Ltd. / Aircastle Ireland DAC                                               | Aircastle Ltd. / Aircastle Ireland DAC 5%, Due 09/15/2030                        | CUSIP: 00929JAC0<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    936000 | PA      | $946326.17    | 0.19%             | 2030-09-15      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Aker BP ASA                                                                          | Aker BP ASA 3.75%, Due 01/15/2030                                                | CUSIP: 00973RAF0<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |    585000 | PA      | $566330.63    | 0.12%             | 2030-01-15      | Fixed         | 3.75%                 | Yes           | 2                  | On Loan: No      |
| Ally Financial Inc.                                                                  | Ally Financial, Inc. 5.543%, Fixed Until 01/17/2030                              | CUSIP: 02005NBW9<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    940000 | PA      | $962290.01    | 0.20%             | 2031-01-17      | Fixed         | 5.54%                 | No            | 2                  | On Loan: No      |
| Alpha Generation LLC                                                                 | Alpha Generation, LLC 6.25%, Due 01/15/2034                                      | CUSIP: 02073LAC5<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |   1184000 | PA      | $1196836.93   | 0.25%             | 2034-01-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Amazon.com, Inc.                                                                     | Amazon.com, Inc. 2.875%, Due 05/12/2041                                          | CUSIP: 023135CA2<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |   1051000 | PA      | $797943.02    | 0.16%             | 2041-05-12      | Fixed         | 2.88%                 | No            | 2                  | On Loan: No      |
| Amazon.com, Inc.                                                                     | Amazon.com, Inc. 4.65%, Due 11/20/2035                                           | CUSIP: 023135CV6<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    852000 | PA      | $848887.52    | 0.17%             | 2035-11-20      | Fixed         | 4.65%                 | No            | 2                  | On Loan: No      |
| American National Group Inc.                                                         | American National Group, Inc. 6%, Due 07/15/2035                                 | CUSIP: 025676AQ0<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |    747000 | PA      | $757992.37    | 0.16%             | 2035-07-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| American Express Company                                                             | American Express Company 5.442%, Fixed until 01/30/2035                          | CUSIP: 025816DZ9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    900000 | PA      | $935203.73    | 0.19%             | 2036-01-30      | Fixed         | 5.44%                 | No            | 2                  | On Loan: No      |
| Global Net Lease Inc / Global Net Lease Operating Partnership LP                     | Necessity Retail REIT Inc (The) / American Finance Operating Partner, L.P.       | CUSIP: 02608AAA7<br>LEI: 549300NUYANCT5SU8Z65 | Long             | DBT              | CORP              | US        |    472000 | PA      | $464341.14    | 0.10%             | 2028-09-30      | Fixed         | 4.50%                 | Yes           | 2                  | On Loan: No      |
| Amgen Inc.                                                                           | Amgen, Inc. 5.25%, Due 03/02/2030                                                | CUSIP: 031162DQ0<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   1187000 | PA      | $1232599.21   | 0.25%             | 2030-03-02      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Amphenol Corporation                                                                 | Amphenol Corporation 4.625%, Due 02/15/2036                                      | CUSIP: 032095BA8<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |   1436000 | PA      | $1407435.58   | 0.29%             | 2036-02-15      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| Anglo American Capital PLC                                                           | Anglo American Capital plc 6%, Due 04/05/2054                                    | CUSIP: 034863BF6<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |    690000 | PA      | $694979.36    | 0.14%             | 2054-04-05      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| APA Corp.                                                                            | APA Corporation 6.75%, Due 02/15/2055                                            | CUSIP: 03743QAT5<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |    489000 | PA      | $488358.74    | 0.10%             | 2055-02-15      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| Apollo Global Management Inc                                                         | Apollo Global Management, Inc.                                                   | CUSIP: 03769M205<br>LEI: 254900LMFT1CY9IYB476 | Long             | EP               | CORP              | US        |     37100 | NS      | $977214.00    | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Apollo Debt Solutions BDC                                                            | Apollo Debt Solutions BDC 6.9%, Due 04/13/2029                                   | CUSIP: 03770DAB9<br>LEI: 549300UMUGX092P8DW87 | Long             | DBT              | CORP              | US        |    912000 | PA      | $957408.01    | 0.20%             | 2029-04-13      | Fixed         | 6.90%                 | No            | 2                  | On Loan: No      |
| Ares Management Corporation                                                          | Ares Management Corporation 6.375%, Due 11/10/2028                               | CUSIP: 03990BAA9<br>LEI: 529900JUV61FH7B8VW38 | Long             | DBT              | CORP              | US        |    479000 | PA      | $507091.80    | 0.10%             | 2028-11-10      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| Ares XLIV CLO Ltd.                                                                   | ARES XLIV CLO Ltd. Floating Rate, Due 04/15/2034                                 | CUSIP: 04016NBH5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4016000 | PA      | $4014441.79   | 0.82%             | 2034-04-15      | Floating      | 5.03%                 | Yes           | 2                  | On Loan: No      |
| Ares Finance Co III LLC                                                              | Ares Finance Company III, LLC 4.125%, Fixed until 06/30/2026                     | CUSIP: 04018VAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    568000 | PA      | $560999.97    | 0.11%             | 2051-06-30      | Fixed         | 4.12%                 | Yes           | 2                  | On Loan: No      |
| Ascent Resources Utica Holdings LLC / ARU Finance Corp                               | Ascent Resources Utica Holdings, LLC / ARU Finance Corporation                   | CUSIP: 04364VAX1<br>LEI: 549300EGLQ2M2CL7JZ89 | Long             | DBT              | CORP              | US        |    415000 | PA      | $430567.48    | 0.09%             | 2032-10-15      | Fixed         | 6.62%                 | Yes           | 2                  | On Loan: No      |
| Athene Holding Ltd                                                                   | Athene Holding Ltd. 5.875%, Due 01/15/2034                                       | CUSIP: 04686JAG6<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |   1291000 | PA      | $1339160.64   | 0.27%             | 2034-01-15      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| Athene Holding Ltd                                                                   | Athene Holding Ltd. 6.625%, Fixed Unitl 10/15/2034                               | CUSIP: 04686JAJ0<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |    696000 | PA      | $696274.29    | 0.14%             | 2054-10-15      | Fixed         | 6.62%                 | No            | 2                  | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                                             | Avis Budget Rental Car Funding AESOP, LLC 4.77%, Due 02/20/2029                  | CUSIP: 05377RFP4<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   3500000 | PA      | $3541084.05   | 0.73%             | 2029-02-20      | Fixed         | 4.77%                 | Yes           | 2                  | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                                             | Avis Budget Rental Car Funding AESOP, LLC 5.23%, Due 12/20/2030                  | CUSIP: 05377RJK1<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $258200.10    | 0.05%             | 2030-12-20      | Fixed         | 5.23%                 | Yes           | 2                  | On Loan: No      |
| BANK5 2025-5YR16                                                                     | BANK5 2025-5YR19 5.27%, Due 12/15/2030                                           | CUSIP: 05494RBL5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2202000 | PA      | $2277814.42   | 0.47%             | 2030-12-15      | Variable      | 5.27%                 | No            | 2                  | On Loan: No      |
| B.A.T. Capital Corporation                                                           | BAT Capital Corporation 6.421%, Due 08/02/2033                                   | CUSIP: 054989AB4<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    846000 | PA      | $934498.69    | 0.19%             | 2033-08-02      | Fixed         | 6.42%                 | No            | 2                  | On Loan: No      |
| BAE Systems PLC                                                                      | BAE Systems plc 5.125%, Due 03/26/2029                                           | CUSIP: 05523RAJ6<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |    632000 | PA      | $650482.47    | 0.13%             | 2029-03-26      | Fixed         | 5.12%                 | Yes           | 2                  | On Loan: No      |
| BBCMS MORTGAGE TRUST 2024-5C25                                                       | BBCMS Mortgage Trust 2024-5C25 5.946%, Due 03/15/2057                            | CUSIP: 05554VAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2200000 | PA      | $2302467.20   | 0.47%             | 2057-03-15      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| BBCMS MORTGAGE TRUST 2024-5C25                                                       | BBCMS Mortgage Trust 2024-5C25 Floating Rate, Due 03/15/2057                     | CUSIP: 05554VAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    485000 | PA      | $505999.43    | 0.10%             | 2057-03-15      | Variable      | 6.36%                 | No            | 2                  | On Loan: No      |
| BBCMS MORTGAGE TRUST 2025-5C36                                                       | BBCMS Mortgage Trust 2025-5C36 5.517%, Due 08/15/2058                            | CUSIP: 05556CAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1665000 | PA      | $1738172.25   | 0.36%             | 2058-08-15      | Variable      | 5.52%                 | No            | 2                  | On Loan: No      |
| BBCMS MORTGAGE TRUST 2025-5C37                                                       | BBCMS Mortgage Trust 2025-5C38 5.14612%, Due 11/15/2058                          | CUSIP: 05556RAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2414000 | PA      | $2485460.44   | 0.51%             | 2058-11-15      | Fixed         | 5.15%                 | No            | 2                  | On Loan: No      |
| BMO 2023-5C1 MORTGAGE TRUST                                                          | BMO 2023-5C1 Mortgage Trust Floating Rate, Due 08/15/2056                        | CUSIP: 055986AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3260000 | PA      | $3414857.82   | 0.70%             | 2056-08-15      | Variable      | 6.53%                 | No            | 2                  | On Loan: No      |
| Bacardi Ltd / Bacardi Martini BV                                                     | Bacardi Ltd. / Bacardi-Martini BV 5.4%, Due 06/15/2033                           | CUSIP: 05635JAB6<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | US        |    818000 | PA      | $829048.33    | 0.17%             | 2033-06-15      | Fixed         | 5.40%                 | Yes           | 2                  | On Loan: No      |
| Bank of America Corp.                                                                | Bank of America Corporation 5.015 ,Fixed until 7/22/2032                         | CUSIP: 06051GKY4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1897000 | PA      | $1934966.80   | 0.40%             | 2033-07-22      | Fixed         | 5.01%                 | No            | 2                  | On Loan: No      |
| Bank of America Corp.                                                                | Bank of America Corporation 5.288%, Fixed until 04/25/2033                       | CUSIP: 06051GLH0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    890000 | PA      | $916572.93    | 0.19%             | 2034-04-25      | Fixed         | 5.29%                 | No            | 2                  | On Loan: No      |
| Bank of America Corp.                                                                | Bank of America Corporation 5.744%, Fixed unitl 02/12/2035                       | CUSIP: 06051GMQ9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1188000 | PA      | $1238380.16   | 0.25%             | 2036-02-12      | Fixed         | 5.74%                 | No            | 2                  | On Loan: No      |
| BANK5 2023-5YR3                                                                      | BANK5 2023-5YR3 Floating Rate, Due 09/15/2056                                    | CUSIP: 06211EAP6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4150000 | PA      | $4432106.63   | 0.91%             | 2056-09-15      | Variable      | 7.32%                 | No            | 2                  | On Loan: No      |
| BANK5 2023-5YR4                                                                      | BANK5 2023-5YR4 6.5%, Due 12/15/2056                                             | CUSIP: 06211FAV0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3462454 | PA      | $3645396.94   | 0.75%             | 2056-12-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| BANK5 2023-5YR4                                                                      | BANK5 2023-5YR4 Floating Rate, Due 12/15/2056                                    | CUSIP: 06211FBA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $213391.92    | 0.04%             | 2056-12-15      | Variable      | 7.27%                 | No            | 2                  | On Loan: No      |
| BANK5 2025-5YR17                                                                     | BANK5 2025-5YR17 5.225%, Due 11/15/2058                                          | CUSIP: 06211GAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3340000 | PA      | $3446465.84   | 0.71%             | 2058-11-15      | Variable      | 5.22%                 | No            | 2                  | On Loan: No      |
| BANK 2023-BNK46                                                                      | BANK 2023-BNK46 5.745%, Due 08/15/2056                                           | CUSIP: 06541DBH6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $211165.72    | 0.04%             | 2056-08-15      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| BANK5 2024-5YR5                                                                      | BANK5 2024-5YR5 5.702%, Due 02/15/2029                                           | CUSIP: 065931AZ0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1189928 | PA      | $1234245.14   | 0.25%             | 2029-02-15      | Variable      | 5.70%                 | No            | 2                  | On Loan: No      |
| BANK5 2024-5YR6                                                                      | BANK5 Trust 2024-5YR6 6.225%, Due 05/15/2057                                     | CUSIP: 066043AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2635818.50   | 0.54%             | 2057-05-15      | Fixed         | 6.22%                 | No            | 2                  | On Loan: No      |
| BANK5 2024-5YR6                                                                      | BANK5 Trust 2024-5YR6 Floating Rate, Due 05/15/2057                              | CUSIP: 066043AG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2122019.20   | 0.43%             | 2057-05-15      | Variable      | 6.79%                 | No            | 2                  | On Loan: No      |
| BANK5 2025-5YR13                                                                     | BANK5 2025-5YR18 5.145%, Due 12/15/2058                                          | CUSIP: 06604CAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2959000 | PA      | $3044239.03   | 0.62%             | 2058-12-15      | Variable      | 5.14%                 | No            | 2                  | On Loan: No      |
| BANK5 2023-5YR1                                                                      | BANK5 2023-5YR1 Floating Rate, Due 04/15/2056                                    | CUSIP: 06644EAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1390000 | PA      | $1442036.32   | 0.30%             | 2056-04-15      | Variable      | 6.26%                 | No            | 2                  | On Loan: No      |
| Barclays PLC                                                                         | Barclays plc 5.088%, Fixed until 06/20/2029                                      | CUSIP: 06738EBK0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    642000 | PA      | $653530.52    | 0.13%             | 2030-06-20      | Fixed         | 5.09%                 | No            | 2                  | On Loan: No      |
| BARINGS EQUIPMENT FINANCE LLC 2025-                                                  | Barings Equipment Finance, LLC 2025-A 4.82%, Due 08/13/2032                      | CUSIP: 06764MAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4463000 | PA      | $4573959.11   | 0.94%             | 2032-08-13      | Fixed         | 4.82%                 | Yes           | 2                  | On Loan: No      |
| Baxter International, Inc.                                                           | Baxter International, Inc. 2.539%, Due 02/01/2032                                | CUSIP: 071813CS6<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    820000 | PA      | $714755.38    | 0.15%             | 2032-02-01      | Fixed         | 2.54%                 | No            | 2                  | On Loan: No      |
| BEIGNET INV LLC                                                                      | Beignet Investor, LLC 6.581%, Due 05/30/2049                                     | CUSIP: 076912AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1196000 | PA      | $1264660.73   | 0.26%             | 2049-05-30      | Fixed         | 6.58%                 | Yes           | 2                  | On Loan: No      |
| BENCHMARK 2023-V2 MORTGAGE TRUST                                                     | Benchmark 2023-V2 Mortgage Trust Floating Rate, Due 05/15/2055                   | CUSIP: 08163TAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1141000 | PA      | $1178922.62   | 0.24%             | 2055-05-15      | Variable      | 5.81%                 | No            | 2                  | On Loan: No      |
| BENCHMARK 2023-V3 MORTGAGE TRUST                                                     | Benchmark 2023-V3 Mortgage Trust Floating Rate, Due 07/15/2056                   | CUSIP: 08163VAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3222000 | PA      | $3370645.04   | 0.69%             | 2056-07-15      | Variable      | 6.36%                 | No            | 2                  | On Loan: No      |
| BENCHMARK 2024-V5 MORTGAGE TRUST                                                     | Benchmark 2024-V5 Mortgage Trust 5.8053%, Due 01/10/2057                         | CUSIP: 08163XAY9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2165000 | PA      | $2254193.89   | 0.46%             | 2057-01-10      | Fixed         | 5.81%                 | No            | 2                  | On Loan: No      |
| BENCHMARK 2024-V7 MORTGAGE TRUST                                                     | Benchmark 2024-V7 Mortgage Trust Floating Rate, Due 05/15/2056                   | CUSIP: 08163YAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $211212.08    | 0.04%             | 2056-05-15      | Variable      | 6.23%                 | No            | 2                  | On Loan: No      |
| BENCHMARK 2025-V14 MORTGAGE TRUST                                                    | Benchmark 2025-V19 Mortgage Trust Floating Rate, Due 01/15/2058                  | CUSIP: 08164DAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1228000 | PA      | $1269532.92   | 0.26%             | 2058-01-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| BENCHMARK 2025-V18 MORTGAGE TRUST                                                    | Benchmark 2025-V18 Mortgage Trust 5.18365%, Due 10/15/2030                       | CUSIP: 08164EAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4271000 | PA      | $4402007.80   | 0.90%             | 2030-10-15      | Fixed         | 5.18%                 | No            | 2                  | On Loan: No      |
| BENCHMARK 2025-V16 MORTGAGE TRUST                                                    | Benchmark 2025-V16 Mortgage Trust 5.439%, Due 08/15/2057                         | CUSIP: 08164RAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    900000 | PA      | $936028.44    | 0.19%             | 2057-08-15      | Variable      | 5.44%                 | No            | 2                  | On Loan: No      |
| BENCHMARK 2024-V9 MORTGAGE TRUST                                                     | Benchmark 2024-V9 Mortgage Trust 5.6019%, Due 08/15/2057                         | CUSIP: 081919AN2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3500000 | PA      | $3639207.60   | 0.75%             | 2057-08-15      | Fixed         | 5.60%                 | No            | 2                  | On Loan: No      |
| BENCHMARK 2024-V6 MORTGAGE TRUST                                                     | Benchmark 2024-V6 Mortgage Trust 5.92554%, Due 03/15/2057                        | CUSIP: 081927AB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $104540.52    | 0.02%             | 2057-03-15      | Fixed         | 5.93%                 | No            | 2                  | On Loan: No      |
| BENCHMARK 2024-V6 MORTGAGE TRUST                                                     | Benchmark 2024-V6 Mortgage Trust 6.38427%, Due 03/15/2057                        | CUSIP: 081927AE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1750000 | PA      | $1830682.00   | 0.38%             | 2057-03-15      | Variable      | 6.38%                 | No            | 2                  | On Loan: No      |
| Blackrock Inc.                                                                       | BlackRock, Inc. 1.9%, Due 01/28/2031                                             | CUSIP: 09247XAR2<br>LEI: 529900VBK42Y5HHRMD23 | Long             | DBT              | CORP              | US        |   1124000 | PA      | $1010921.50   | 0.21%             | 2031-01-28      | Fixed         | 1.90%                 | No            | 2                  | On Loan: No      |
| Blackstone Secured Lending Fund                                                      | Blackstone Secured Lending Fund 5.125%, Due 01/31/2031                           | CUSIP: 09261XAL6<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |   1385000 | PA      | $1368411.00   | 0.28%             | 2031-01-31      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| BMO 2025-5C12 MORTGAGE TRUST                                                         | BMO 2025-5C12 Mortgage Trust 5.18%, Due 10/15/2058                               | CUSIP: 09663VAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2234000 | PA      | $2295370.66   | 0.47%             | 2058-10-15      | Fixed         | 5.18%                 | No            | 2                  | On Loan: No      |
| BMO 2025-C13 MORTGAGE TRUST                                                          | BMO 2025-5C13 Mortgage Trust 5.227%, Due 12/15/2058                              | CUSIP: 09664JAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1461000 | PA      | $1505198.17   | 0.31%             | 2058-12-15      | Fixed         | 5.23%                 | No            | 2                  | On Loan: No      |
| Boeing Co.                                                                           | Boeing Company (The) 5.705%, Due 05/01/2040                                      | CUSIP: 097023CV5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   1161000 | PA      | $1186197.59   | 0.24%             | 2040-05-01      | Fixed         | 5.71%                 | No            | 2                  | On Loan: No      |
| Boeing Co.                                                                           | Boeing Company (The) 6.298%, Due 05/01/2029                                      | CUSIP: 097023DQ5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    638000 | PA      | $677424.66    | 0.14%             | 2029-05-01      | Fixed         | 6.30%                 | No            | 2                  | On Loan: No      |
| Broadcom Inc                                                                         | Broadcom, Inc. 4.926%, Due 05/15/2037                                            | CUSIP: 11135FBV2<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1148000 | PA      | $1133573.12   | 0.23%             | 2037-05-15      | Fixed         | 4.93%                 | Yes           | 2                  | On Loan: No      |
| Buckeye Partners LP                                                                  | Buckeye Partners, L.P. 6.75%, Due 02/01/2030                                     | CUSIP: 118230AW1<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    240000 | PA      | $252079.44    | 0.05%             | 2030-02-01      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Burlington Northern Santa Fe LLC                                                     | Burlington Northern Santa Fe, LLC 4.95%, Due 09/15/2041                          | CUSIP: 12189LAG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    774000 | PA      | $748772.83    | 0.15%             | 2041-09-15      | Fixed         | 4.95%                 | No            | 2                  | On Loan: No      |
| CCO Holdings, LLC/ CCO Holdings Capital Corp.                                        | CCO Holdings, LLC / CCO Holdings Capital Corporation                             | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1371000 | PA      | $1167028.56   | 0.24%             | 2034-01-15      | Fixed         | 4.25%                 | Yes           | 2                  | On Loan: No      |
| Cd 2016-Cd2 Mortga                                                                   | CD 2016-CD2 Mortgage Trust Variable Rate, Due 11/10/2049                         | CUSIP: 12515ABE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    285000 | PA      | $278639.00    | 0.06%             | 2049-11-10      | Variable      | 3.53%                 | No            | 2                  | On Loan: No      |
| CD 2017 Cd3 Mortgage Trust                                                           | CD 2017-CD3 Mortgage Trust 3.631%, Due 02/10/2050                                | CUSIP: 12515GAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    880000 | PA      | $859448.48    | 0.18%             | 2050-02-10      | Fixed         | 3.63%                 | No            | 2                  | On Loan: No      |
| Cifc Funding 2019-1 Ltd                                                              | CIFC Funding 2017-III Ltd. Floating Rate, Due 04/20/2037                         | CUSIP: 12548JAN2<br>LEI: 254900RRJV30GDUWIX97 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5008675.00   | 1.03%             | 2037-04-20      | Floating      | 5.42%                 | Yes           | N/A                | On Loan: No      |
| CMS Energy Corporation                                                               | CMS Energy Corporation 4.7%, Due 03/31/2043                                      | CUSIP: 125896BL3<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    805000 | PA      | $704373.18    | 0.14%             | 2043-03-31      | Fixed         | 4.70%                 | No            | 2                  | On Loan: No      |
| Comm 2017-Panw Mortgage Trust                                                        | COMM 2017-COR2 Mortgage Trust 3.51%, Due 09/10/2050                              | CUSIP: 12595EAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1300000 | PA      | $1283361.95   | 0.26%             | 2050-09-10      | Fixed         | 3.51%                 | No            | 2                  | On Loan: No      |
| CRH America Finance, Inc.                                                            | CRH America Finance, Inc. 5%, Due 02/09/2036                                     | CUSIP: 12636YAJ1<br>LEI: 549300WEVUODRJ4CWK56 | Long             | DBT              | CORP              | US        |    970000 | PA      | $973724.61    | 0.20%             | 2036-02-09      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| CSL Finance PLC                                                                      | CSL Finance plc 4.25%, Due 04/27/2032                                            | CUSIP: 12661PAC3<br>LEI: 2549007CCNBNAF4HBC02 | Long             | DBT              | CORP              | GB        |    763000 | PA      | $750307.33    | 0.15%             | 2032-04-27      | Fixed         | 4.25%                 | Yes           | 2                  | On Loan: No      |
| CVS Health Corp                                                                      | CVS Health Corporation 6.05%, Due 06/01/2054                                     | CUSIP: 126650EF3<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    799000 | PA      | $794944.07    | 0.16%             | 2054-06-01      | Fixed         | 6.05%                 | No            | 2                  | On Loan: No      |
| Carlyle Us Clo 2018-2 LLC                                                            | CARLYLE US CLO 2017-3 Ltd. Floating Rate, Due 10/21/2037                         | CUSIP: 14314FAY4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2275056 | PA      | $2279223.90   | 0.47%             | 2037-10-21      | Floating      | 5.27%                 | Yes           | 2                  | On Loan: No      |
| Caterpillar Inc                                                                      | Caterpillar, Inc. 5.2%, Due 05/15/2035                                           | CUSIP: 149123CL3<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |    677000 | PA      | $702130.90    | 0.14%             | 2035-05-15      | Fixed         | 5.20%                 | No            | 2                  | On Loan: No      |
| Centerpoint Energy Houston Electric LLC                                              | CenterPoint Energy Houston Electric, LLC 5.15%, Due 03/01/2034                   | CUSIP: 15189XBE7<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    732000 | PA      | $748822.89    | 0.15%             | 2034-03-01      | Fixed         | 5.15%                 | No            | 2                  | On Loan: No      |
| Charter Communications Operating, LLC/Charter Communications Operating Capital Corp. | Charter Communications Operating, LLC / Charter Communications Operating Capital | CUSIP: 161175CQ5<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    542000 | PA      | $565921.90    | 0.12%             | 2029-06-01      | Fixed         | 6.10%                 | No            | 2                  | On Loan: No      |
| Cipher Compute LLC                                                                   | Cipher Compute, LLC 7.125%, Due 11/15/2030                                       | CUSIP: 17253NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    436000 | PA      | $444603.55    | 0.09%             | 2030-11-15      | Fixed         | 7.12%                 | Yes           | 2                  | On Loan: No      |
| Citigroup Inc.                                                                       | Citigroup, Inc. 6.625% Fixed Until 02/15/2031                                    | CUSIP: 172967QJ3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    974000 | PA      | $990248.06    | 0.20%             | N/A             | Fixed         | 6.62%                 | No            | 2                  | On Loan: No      |
| Citigroup Inc.                                                                       | Citigroup, Inc. Variable Rate, Due 11/05/2030                                    | CUSIP: 17308CC53<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2082000 | PA      | $1984026.60   | 0.41%             | 2030-11-05      | Fixed         | 2.98%                 | No            | 2                  | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                                  | Citigroup Commercial Mortgage Trust 2018-B2 4.009%, Due 03/10/2051               | CUSIP: 17327FAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1991107.80   | 0.41%             | 2051-03-10      | Fixed         | 4.01%                 | No            | 2                  | On Loan: No      |
| Citizens Financial Group Inc                                                         | Citizens Financial Group, Inc. 5.841%, Fixed until 1/23/2029                     | CUSIP: 174610BF1<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    539000 | PA      | $562286.32    | 0.12%             | 2030-01-23      | Fixed         | 5.84%                 | No            | 2                  | On Loan: No      |
| Civitas Resources Inc                                                                | Civitas Resources, Inc. 9.625%, Due 06/15/2033                                   | CUSIP: 17888HAD5<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    685000 | PA      | $740035.09    | 0.15%             | 2033-06-15      | Fixed         | 9.62%                 | Yes           | 2                  | On Loan: No      |
| Permian Resources Operating, LLC                                                     | Permian Resources Operating, LLC 5.875%, Due 07/01/2029                          | CUSIP: 19416MAB5<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |    836000 | PA      | $843650.45    | 0.17%             | 2029-07-01      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| Comerica Incorporated                                                                | Comerica, Inc. 5.982%, Fixed until 01/30/2029                                    | CUSIP: 200340AW7<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | DBT              | CORP              | US        |    590000 | PA      | $615602.73    | 0.13%             | 2030-01-30      | Fixed         | 5.98%                 | No            | 2                  | On Loan: No      |
| Commercial Metals Company                                                            | Commercial Metals Company 5.75%, Due 11/15/2033                                  | CUSIP: 201723AS2<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |    489000 | PA      | $500301.79    | 0.10%             | 2033-11-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| D.R. Horton, Inc.                                                                    | DR Horton, Inc. 4.85%, Due 10/15/2030                                            | CUSIP: 23331ABT5<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |    468000 | PA      | $478364.40    | 0.10%             | 2030-10-15      | Fixed         | 4.85%                 | No            | 2                  | On Loan: No      |
| DTE Electric Co.                                                                     | DTE Electric Company 5.25%, Due 05/15/2035                                       | CUSIP: 23338VAY2<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |    948000 | PA      | $974881.54    | 0.20%             | 2035-05-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| DT Midstream Inc                                                                     | DT Midstream, Inc. 4.125%, Due 06/15/2029                                        | CUSIP: 23345MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    805000 | PA      | $794766.65    | 0.16%             | 2029-06-15      | Fixed         | 4.12%                 | Yes           | 2                  | On Loan: No      |
| Dell International LLC / EMC Corp.                                                   | Dell International, LLC / EMC Corporation 4.75%, Due 10/06/2032                  | CUSIP: 24703DBT7<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    619000 | PA      | $619056.35    | 0.13%             | 2032-10-06      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Dell International LLC / EMC Corp.                                                   | Dell International, LLC / EMC Corporation 5.5%, Due 04/01/2035                   | CUSIP: 24703TAP1<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    813000 | PA      | $838032.79    | 0.17%             | 2035-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Delta Air Lines Inc.                                                                 | Delta Air Lines, Inc. 5.25%, Due 07/10/2030                                      | CUSIP: 247361A32<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    810000 | PA      | $832735.01    | 0.17%             | 2030-07-10      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Diamondback Energy Inc                                                               | Diamondback Energy, Inc. 5.4%, Due 04/18/2034                                    | CUSIP: 25278XAZ2<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    487000 | PA      | $498812.93    | 0.10%             | 2034-04-18      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Dryden 53 Clo Ltd                                                                    | Dryden 53 CLO Ltd. Floating Rate, Due 01/15/2031                                 | CUSIP: 26243EAR2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2673000 | PA      | $2670987.23   | 0.55%             | 2031-01-15      | Variable      | 5.20%                 | Yes           | N/A                | On Loan: No      |
| Duke Energy Progress LLC                                                             | Duke Energy Progress, LLC 3.6%, Due 09/15/2047                                   | CUSIP: 26442UAE4<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |   1283000 | PA      | $958422.25    | 0.20%             | 2047-09-15      | Fixed         | 3.60%                 | No            | 2                  | On Loan: No      |
| Duke Energy Florida LLC                                                              | Duke Energy Florida, LLC 6.2%, Due 11/15/2053                                    | CUSIP: 26444HAR2<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |   1289000 | PA      | $1384879.11   | 0.28%             | 2053-11-15      | Fixed         | 6.20%                 | No            | 2                  | On Loan: No      |
| Eagle Materials Inc.                                                                 | Eagle Materials, Inc. 5%, Due 03/15/2036                                         | CUSIP: 26969PAC2<br>LEI: 529900KRXRGXL61SG039 | Long             | DBT              | CORP              | US        |    640000 | PA      | $627273.29    | 0.13%             | 2036-03-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Enstar Group Ltd                                                                     | Enstar Group Ltd. 3.1%, Due 09/01/2031                                           | CUSIP: 29359UAC3<br>LEI: 213800AMAL5QFXVUCN04 | Long             | DBT              | CORP              | BM        |    516000 | PA      | $464434.45    | 0.10%             | 2031-09-01      | Fixed         | 3.10%                 | No            | 2                  | On Loan: No      |
| Entergy Louisiana LLC                                                                | Entergy Louisiana, LLC 5.7%, Due 03/15/2054                                      | CUSIP: 29364WBN7<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |   1063000 | PA      | $1060477.34   | 0.22%             | 2054-03-15      | Fixed         | 5.70%                 | No            | 2                  | On Loan: No      |
| Entegris Inc                                                                         | Entegris Escrow Corporation 4.75%, Due 04/15/2029                                | CUSIP: 29365BAA1<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |   1005000 | PA      | $1008192.90   | 0.21%             | 2029-04-15      | Fixed         | 4.75%                 | Yes           | 2                  | On Loan: No      |
| ENTERPRISE FLEET FINANCING 2024-2 L                                                  | Enterprise Fleet Financing 2024-3, LLC 5.06%, Due 03/20/2031                     | CUSIP: 29375QAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    155000 | PA      | $158735.81    | 0.03%             | 2031-03-20      | Fixed         | 5.06%                 | Yes           | 2                  | On Loan: No      |
| Extra Space Storage LP                                                               | Extra Space Storage, L.P. 4.95%, Due 01/15/2033                                  | CUSIP: 30225VAV9<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |    878000 | PA      | $889422.21    | 0.18%             | 2033-01-15      | Fixed         | 4.95%                 | No            | 2                  | On Loan: No      |
| FS KKR Capital Corp                                                                  | FS KKR Capital Corporation 3.125%, Due 10/12/2028                                | CUSIP: 302635AK3<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |    637000 | PA      | $588022.21    | 0.12%             | 2028-10-12      | Fixed         | 3.12%                 | No            | 2                  | On Loan: No      |
| Meta Platforms Inc                                                                   | Meta Platforms, Inc. 5.4%, Due 08/15/2054                                        | CUSIP: 30303M8V7<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    851000 | PA      | $792407.05    | 0.16%             | 2054-08-15      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Meta Platforms Inc                                                                   | Meta Platforms, Inc. 4.6%, Due 11/15/2032                                        | CUSIP: 30303MAC6<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    764000 | PA      | $770362.23    | 0.16%             | 2032-11-15      | Fixed         | 4.60%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | Freddie Mac Pool Pool # SD0739                                                   | CUSIP: 3132DMZC2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   9657515 | PA      | $9095775.48   | 1.86%             | 2051-10-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | Freddie Mac Pool Pool # SD2639                                                   | CUSIP: 3132DP4Y1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3045260 | PA      | $3004225.90   | 0.62%             | 2053-04-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | Freddie Mac Pool Pool # SD3354                                                   | CUSIP: 3132DQWP7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   8772746 | PA      | $8784588.89   | 1.80%             | 2053-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | Freddie Mac Pool Pool # SD6920                                                   | CUSIP: 3132DUVM6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6496792 | PA      | $6354049.40   | 1.30%             | 2047-04-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | Freddie Mac Pool Pool # SD3814                                                   | CUSIP: 3132E0GX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    349319 | PA      | $349784.46    | 0.07%             | 2053-08-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | Freddie Mac Pool Pool # RA7191                                                   | CUSIP: 3133KN7C1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1468919 | PA      | $1364756.11   | 0.28%             | 2052-04-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | Freddie Mac REMICS 3.5%, Due 05/15/2040                                          | CUSIP: 3137H84C2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   8844890 | PA      | $8598795.98   | 1.76%             | 2040-05-15      | Fixed         | 3.50%                 | No            | N/A                | On Loan: No      |
| Federal National Mortgage Association                                                | Fannie Mae Pool Pool # CA3823                                                    | CUSIP: 3140QBG93<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4214332 | PA      | $4104502.30   | 0.84%             | 2049-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                | Fannie Mae Pool Pool # CB0737                                                    | CUSIP: 3140QKZB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  10200880 | PA      | $9074492.81   | 1.86%             | 2051-06-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                | Fannie Mae Pool Pool # CB6081                                                    | CUSIP: 3140QRXK4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5374719 | PA      | $5490558.22   | 1.13%             | 2053-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                | Fannie Mae Pool Pool # CB8755                                                    | CUSIP: 3140QUWR3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8858686 | PA      | $9135241.86   | 1.87%             | 2054-06-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                | Fannie Mae Pool Pool # FA0202                                                    | CUSIP: 3140W0GL3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3721129 | PA      | $3795671.68   | 0.78%             | 2054-02-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                | Fannie Mae Pool Pool # FA0543                                                    | CUSIP: 3140W0S97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3156101 | PA      | $2729996.43   | 0.56%             | 2052-06-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                | Fannie Mae Pool Pool # FA0642                                                    | CUSIP: 3140W0WC5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8245799 | PA      | $7447032.74   | 1.53%             | 2042-03-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                | Fannie Mae Pool Pool # FM8686                                                    | CUSIP: 3140XCUL0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9228270 | PA      | $7997524.47   | 1.64%             | 2051-09-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                | Fannie Mae Pool Pool # FM9464                                                    | CUSIP: 3140XDQS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1214459 | PA      | $1095046.52   | 0.22%             | 2051-11-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                | Fannie Mae Pool Pool # FS1133                                                    | CUSIP: 3140XGHK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5395017 | PA      | $5178924.72   | 1.06%             | 2051-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                | Fannie Mae Pool Pool # FS3809                                                    | CUSIP: 3140XKGT1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    351715 | PA      | $347437.69    | 0.07%             | 2052-11-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                | Fannie Mae Pool Pool # FS4571                                                    | CUSIP: 3140XLCH9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    350671 | PA      | $358893.55    | 0.07%             | 2053-05-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                | Fannie Mae Pool Pool # FS8108                                                    | CUSIP: 3140XQAJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    207644 | PA      | $177533.51    | 0.04%             | 2052-01-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                | Fannie Mae Pool Pool # FS8708                                                    | CUSIP: 3140XQVA2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    378383 | PA      | $364426.10    | 0.07%             | 2051-08-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                | Fannie Mae Pool Pool # FS9801                                                    | CUSIP: 3140XR3K9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6997050 | PA      | $7117622.24   | 1.46%             | 2054-11-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | Freddie Mac Pool Pool # QX0510                                                   | CUSIP: 31425UR80<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6812638 | PA      | $6812469.01   | 1.40%             | 2054-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | Freddie Mac Pool Pool # SL0769                                                   | CUSIP: 31427M2B6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3239076 | PA      | $3374180.33   | 0.69%             | 2055-02-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | Freddie Mac Pool Pool # SL0797                                                   | CUSIP: 31427M3F6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3761197 | PA      | $3889581.15   | 0.80%             | 2055-02-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | Freddie Mac Pool Pool # SL0448                                                   | CUSIP: 31427MQA2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5763697 | PA      | $5659906.25   | 1.16%             | 2053-04-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | Freddie Mac Pool Pool # SL0704                                                   | CUSIP: 31427MYA3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6788802 | PA      | $6707663.34   | 1.37%             | 2053-03-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | Freddie Mac Pool Pool # SL0715                                                   | CUSIP: 31427MYM7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5851081 | PA      | $5866917.13   | 1.20%             | 2054-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | Freddie Mac Pool Pool # SL1072                                                   | CUSIP: 31427NFN4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4583233 | PA      | $4508160.90   | 0.92%             | 2053-04-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | Freddie Mac Pool Pool # SL1522                                                   | CUSIP: 31427NVQ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4634582 | PA      | $4825216.57   | 0.99%             | 2055-02-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| FHLMC Super 30Y Fixed                                                                | Freddie Mac Pool Pool # SL1812                                                   | CUSIP: 31427PAN4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2255626 | PA      | $2315925.22   | 0.47%             | 2055-08-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Fifth Third Bancorp                                                                  | Fifth Third Bancorp 4.337%, Due 04/25/2033                                       | CUSIP: 316773DF4<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    943000 | PA      | $922118.68    | 0.19%             | 2033-04-25      | Fixed         | 4.34%                 | No            | 2                  | On Loan: No      |
| Firstenergy Transmission  Llc                                                        | FirstEnergy Transmission, LLC 4.75%, Due 01/15/2033                              | CUSIP: 33767BAJ8<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |   1199000 | PA      | $1201834.23   | 0.25%             | 2033-01-15      | Fixed         | 4.75%                 | Yes           | 2                  | On Loan: No      |
| Ford Motor Company                                                                   | Ford Motor Company 6.1%, Due 08/19/2032                                          | CUSIP: 345370DB3<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |   1014000 | PA      | $1045245.98   | 0.21%             | 2032-08-19      | Fixed         | 6.10%                 | No            | 2                  | On Loan: No      |
| Fortitude Group Holdings LLC                                                         | Fortitude Group Holdings, LLC 6.25%, Due 04/01/2030                              | CUSIP: 34966XAA6<br>LEI: 2549006R9ZUL08JFIH12 | Long             | DBT              | CORP              | US        |    843000 | PA      | $878696.76    | 0.18%             | 2030-04-01      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Foundry JV Holdco LLC.                                                               | Foundry JV Holdco, LLC 6.15%, Due 01/25/2032                                     | CUSIP: 350930AC7<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   1039000 | PA      | $1101832.32   | 0.23%             | 2032-01-25      | Fixed         | 6.15%                 | Yes           | 2                  | On Loan: No      |
| Freeport-McMoRan Inc.                                                                | Freeport-McMoRan, Inc. 5.45%, Due 03/15/2043                                     | CUSIP: 35671DBC8<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |   1374000 | PA      | $1331160.32   | 0.27%             | 2043-03-15      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| GA Global Funding Trust                                                              | GA Global Funding Trust 5.5%, Due 01/08/2029                                     | CUSIP: 36143L2L8<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |    675000 | PA      | $694210.14    | 0.14%             | 2029-01-08      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| GE Healthcare Technologies Inc.                                                      | GE HealthCare Technologies, Inc. 5.857%, Due 03/15/2030                          | CUSIP: 36267VAH6<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    816000 | PA      | $863225.48    | 0.18%             | 2030-03-15      | Fixed         | 5.86%                 | No            | 2                  | On Loan: No      |
| Gartner Inc.                                                                         | Gartner, Inc. 4.5%, Due 07/01/2028                                               | CUSIP: 366651AC1<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |    743000 | PA      | $740778.63    | 0.15%             | 2028-07-01      | Fixed         | 4.50%                 | Yes           | 2                  | On Loan: No      |
| Glencore Funding LLC                                                                 | Glencore Funding, LLC 5.673%, Due 04/01/2035                                     | CUSIP: 378272CA4<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    967000 | PA      | $1010382.85   | 0.21%             | 2035-04-01      | Fixed         | 5.67%                 | Yes           | 2                  | On Loan: No      |
| Global Net Lease Inc / Global Net Lease Operating Partnership LP                     | Global Net Lease, Inc. / Global Net Lease Operating Partnership, L.P.            | CUSIP: 37892AAA8<br>LEI: 549300NUYANCT5SU8Z65 | Long             | DBT              | CORP              | US        |    480000 | PA      | $467757.17    | 0.10%             | 2027-12-15      | Fixed         | 3.75%                 | Yes           | 2                  | On Loan: No      |
| Global Atlantic Finance Co.                                                          | Global Atlantic Fin Company 6.75%, Due 03/15/2054                                | CUSIP: 37959GAF4<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |    673000 | PA      | $688140.47    | 0.14%             | 2054-03-15      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Goldman Sachs Private Credit Corp.                                                   | Goldman Sachs Private Credit Corporation 5.875%, Due 01/31/2031                  | CUSIP: 38152BAG6<br>LEI: 549300TD27G6372IYJ65 | Long             | DBT              | CORP              | US        |    415000 | PA      | $415678.81    | 0.09%             | 2031-01-31      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| HCA Inc.                                                                             | HCA, Inc. 5.5%, Due 06/01/2033                                                   | CUSIP: 404119CQ0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    822000 | PA      | $855823.37    | 0.18%             | 2033-06-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Hertz Vehicle Financing LLC                                                          | Hertz Vehicle Financing III, LLC 5.57%, Due 09/25/2029                           | CUSIP: 42806MBW8<br>LEI: 5493004IHDYOZ9K9WF47 | Long             | ABS-O            | CORP              | US        |   3655000 | PA      | $3768278.68   | 0.77%             | 2029-09-25      | Fixed         | 5.57%                 | Yes           | 2                  | On Loan: No      |
| Hewlett Packard Enterprise Co.                                                       | Hewlett Packard Enterprise Company 6.35%, Due 10/15/2045                         | CUSIP: 42824CAY5<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    649000 | PA      | $666222.81    | 0.14%             | 2045-10-15      | Fixed         | 6.35%                 | No            | 2                  | On Loan: No      |
| Hewlett Packard Enterprise Co.                                                       | Hewlett Packard Enterprise Company 4.4%, Due 10/15/2030                          | CUSIP: 42824CCA5<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    891000 | PA      | $888540.06    | 0.18%             | 2030-10-15      | Fixed         | 4.40%                 | No            | 2                  | On Loan: No      |
| Howmet Aerospace Inc                                                                 | Howmet Aerospace, Inc. 4.85%, Due 10/15/2031                                     | CUSIP: 443201AC2<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |     71000 | PA      | $73005.25     | 0.01%             | 2031-10-15      | Fixed         | 4.85%                 | No            | 2                  | On Loan: No      |
| Howmet Aerospace Inc                                                                 | Howmet Aerospace, Inc. 4.55%, Due 11/15/2032                                     | CUSIP: 443201AD0<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    471000 | PA      | $473260.00    | 0.10%             | 2032-11-15      | Fixed         | 4.55%                 | No            | 2                  | On Loan: No      |
| Huntington Bancshares Incorporated                                                   | Huntington Bancshares, Inc. 6.208%, Fxed until 08/21/2028                        | CUSIP: 446150BC7<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    706000 | PA      | $741210.71    | 0.15%             | 2029-08-21      | Fixed         | 6.21%                 | No            | 2                  | On Loan: No      |
| Huntington Bancshares Incorporated                                                   | Huntington Bancshares, Inc. 5.709%, Fixed Until 02/02/2034                       | CUSIP: 446150BD5<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    447000 | PA      | $467159.32    | 0.10%             | 2035-02-02      | Fixed         | 5.71%                 | No            | 2                  | On Loan: No      |
| Hyundai Capital America                                                              | Hyundai Capital America 5.4%, Due 06/23/2032                                     | CUSIP: 44891ADX2<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    289000 | PA      | $299721.46    | 0.06%             | 2032-06-23      | Fixed         | 5.40%                 | Yes           | 2                  | On Loan: No      |
| Crescent Energy Finance LLC                                                          | Crescent Energy Finance, LLC 8.375%, Due 01/15/2034                              | CUSIP: 45344LAG8<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    924000 | PA      | $918409.80    | 0.19%             | 2034-01-15      | Fixed         | 8.38%                 | Yes           | 2                  | On Loan: No      |
| Intel Corporation                                                                    | Intel Corporation 3.734%, Due 12/08/2047                                         | CUSIP: 458140BG4<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    309000 | PA      | $220707.60    | 0.05%             | 2047-12-08      | Fixed         | 3.73%                 | No            | 2                  | On Loan: No      |
| Intel Corporation                                                                    | Intel Corporation 4.9%, Due 08/05/2052                                           | CUSIP: 458140CB4<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    842000 | PA      | $697968.02    | 0.14%             | 2052-08-05      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| Invitation Homes Operating Partnership Lp                                            | Invitation Homes Operating Partnership, L.P. 4.15%, Due 04/15/2032               | CUSIP: 46188BAD4<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |    559000 | PA      | $542854.40    | 0.11%             | 2032-04-15      | Fixed         | 4.15%                 | No            | 2                  | On Loan: No      |
| Iqvia Inc                                                                            | IQVIA, Inc. 6.25%, Due 02/01/2029                                                | CUSIP: 46266TAF5<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    661000 | PA      | $697168.80    | 0.14%             | 2029-02-01      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| Iron Mountain Inc.                                                                   | Iron Mountain, Inc. 4.5%, Due 02/15/2031                                         | CUSIP: 46284VAN1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |   1217000 | PA      | $1160978.31   | 0.24%             | 2031-02-15      | Fixed         | 4.50%                 | Yes           | 2                  | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPMorgan Chase & Company 4.912 ,Fixed until 7/25/2032                            | CUSIP: 46647PDH6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1215000 | PA      | $1238117.60   | 0.25%             | 2033-07-25      | Fixed         | 4.91%                 | No            | 2                  | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPMorgan Chase & Company 5.012%, Fixed until 01/23/2029                          | CUSIP: 46647PEB8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1868000 | PA      | $1915515.87   | 0.39%             | 2030-01-23      | Fixed         | 5.01%                 | No            | 2                  | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPMorgan Chase & Company 5.576%, Fixed Unitl 07/23/2025                          | CUSIP: 46647PFC5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    474000 | PA      | $490509.95    | 0.10%             | 2036-07-23      | Fixed         | 5.58%                 | No            | 2                  | On Loan: No      |
| JPMCC Commercial Mortgage Securities Trust 2015-Jp1                                  | JPMCC Commercial Mortgage Securities Trust 2017-JP5                              | CUSIP: 46647TAS7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    175000 | PA      | $174008.47    | 0.04%             | 2050-03-15      | Fixed         | 3.72%                 | No            | 2                  | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                             | Jane Street Group / JSG Finance, Inc. 7.125%, Due 04/30/2031                     | CUSIP: 47077WAC2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |    836000 | PA      | $878929.70    | 0.18%             | 2031-04-30      | Fixed         | 7.12%                 | Yes           | 2                  | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                             | Jane Street Group / JSG Finance, Inc. 6.75%, Due 05/01/2033                      | CUSIP: 47077WAE8<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |    417000 | PA      | $435538.30    | 0.09%             | 2033-05-01      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| KKR Group Finance Company III LLC                                                    | KKR Group Finance Company III, LLC 5.125%, Due 06/01/2044                        | CUSIP: 48250AAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    540000 | PA      | $506016.63    | 0.10%             | 2044-06-01      | Fixed         | 5.12%                 | Yes           | 2                  | On Loan: No      |
| Kraft Heinz Foods Company                                                            | Kraft Heinz Foods Company 5%, Due 06/04/2042                                     | CUSIP: 50076QAE6<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    855000 | PA      | $785049.40    | 0.16%             | 2042-06-04      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| The Kroger Co.                                                                       | Kroger Company (The) 5%, Due 09/15/2034                                          | CUSIP: 501044DV0<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    569000 | PA      | $572362.29    | 0.12%             | 2034-09-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Bath & Body Works Inc                                                                | Bath & Body Works, Inc. 6.875%, Due 11/01/2035                                   | CUSIP: 501797AL8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    876000 | PA      | $887132.32    | 0.18%             | 2035-11-01      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| LCM 33 Ltd / LCM 33 LLC                                                              | LCM 33 Ltd. Floating Rate, Due 07/20/2034                                        | CUSIP: 50202CAJ3<br>LEI: 5493006LYYH2XWCWW153 | Long             | ABS-CBDO         | CORP              | KY        |   4182000 | PA      | $4181042.32   | 0.86%             | 2034-07-20      | Floating      | 5.06%                 | Yes           | 2                  | On Loan: No      |
| Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp.                   | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corporation        | CUSIP: 505742AR7<br>LEI: 254900TBF2Z4GR7NSX02 | Long             | DBT              | CORP              | US        |    815000 | PA      | $864693.00    | 0.18%             | 2031-07-15      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| LXP Industrial Trust                                                                 | LXP Industrial Trust 2.7%, Due 09/15/2030                                        | CUSIP: 529043AE1<br>LEI: 549300S4MH2ICXDBFV43 | Long             | DBT              | CORP              | US        |    721000 | PA      | $662309.29    | 0.14%             | 2030-09-15      | Fixed         | 2.70%                 | No            | 2                  | On Loan: No      |
| Eli Lilly & Co.                                                                      | Eli Lilly & Company 4.9%, Due 02/12/2032                                         | CUSIP: 532457CW6<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    720000 | PA      | $744715.48    | 0.15%             | 2032-02-12      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| Eli Lilly & Co.                                                                      | Eli Lilly & Company 5.55%, Due 10/15/2055                                        | CUSIP: 532457DF2<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    166000 | PA      | $167294.97    | 0.03%             | 2055-10-15      | Fixed         | 5.55%                 | No            | 2                  | On Loan: No      |
| Lincoln National Corp.                                                               | Lincoln National Corporation 5.35%, Due 11/15/2035                               | CUSIP: 534187BZ1<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |    637000 | PA      | $642977.61    | 0.13%             | 2035-11-15      | Fixed         | 5.35%                 | No            | 2                  | On Loan: No      |
| Lowes Companies, Inc.                                                                | Lowe's Companies, Inc. 1.7%, Due 10/15/2030                                      | CUSIP: 548661DY0<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    877000 | PA      | $779477.74    | 0.16%             | 2030-10-15      | Fixed         | 1.70%                 | No            | 2                  | On Loan: No      |
| MPLX LP                                                                              | MPLX, L.P. 4.5%, Due 04/15/2038                                                  | CUSIP: 55336VAM2<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    845000 | PA      | $770987.19    | 0.16%             | 2038-04-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| MVW 2024-2 LLC                                                                       | MVW 2024-2, LLC 4.43%, Due 03/20/2042                                            | CUSIP: 55389QAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    161650 | PA      | $162172.42    | 0.03%             | 2042-03-20      | Fixed         | 4.43%                 | Yes           | N/A                | On Loan: No      |
| Macquarie Group Ltd.                                                                 | Macquarie Group Ltd. 2.691%, Fixed Until 06/23/2031                              | CUSIP: 55607PAG0<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |   1410000 | PA      | $1284280.24   | 0.26%             | 2032-06-23      | Fixed         | 2.69%                 | Yes           | 2                  | On Loan: No      |
| Macys Retail Holdings LLC                                                            | Macy's Retail Holdings, LLC 5.875%, Due 03/15/2030                               | CUSIP: 55617LAQ5<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |    820000 | PA      | $828218.86    | 0.17%             | 2030-03-15      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| Mattel, Inc.                                                                         | Mattel, Inc. 3.75%, Due 04/1/2029                                                | CUSIP: 577081BF8<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |    254000 | PA      | $247939.83    | 0.05%             | 2029-04-01      | Fixed         | 3.75%                 | Yes           | 2                  | On Loan: No      |
| Mattel, Inc.                                                                         | Mattel, Inc. 5%, Due 11/17/2030                                                  | CUSIP: 577081BG6<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |    227000 | PA      | $228641.62    | 0.05%             | 2030-11-17      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Meritage Homes Corp                                                                  | Meritage Homes Corporation 3.875%, Due 04/15/2029                                | CUSIP: 59001ABD3<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |    487000 | PA      | $478518.56    | 0.10%             | 2029-04-15      | Fixed         | 3.88%                 | Yes           | 2                  | On Loan: No      |
| Meritage Homes Corp                                                                  | Meritage Homes Corporation 5.65%, Due 03/15/2035                                 | CUSIP: 59001ABG6<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |    685000 | PA      | $700232.23    | 0.14%             | 2035-03-15      | Fixed         | 5.65%                 | No            | 2                  | On Loan: No      |
| Microchip Technology Incorporated                                                    | Microchip Technology, Inc. 5.05%, Due 02/15/2030                                 | CUSIP: 595017BL7<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |   1211000 | PA      | $1236107.83   | 0.25%             | 2030-02-15      | Fixed         | 5.05%                 | No            | 2                  | On Loan: No      |
| Mitsubishi UFJ Financial Group Inc.                                                  | Mitsubishi UFJ Financial Group, Inc. 2.494%, Fixed Until 10/13/2031              | CUSIP: 606822CB8<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    897000 | PA      | $804108.33    | 0.16%             | 2032-10-13      | Fixed         | 2.49%                 | No            | 2                  | On Loan: No      |
| Morgan Stanley Capital I Trust 2016-BNK2                                             | Morgan Stanley Capital I Trust 2016-BNK2 3.049%, Due 11/15/2049                  | CUSIP: 61690YBU5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1282000 | PA      | $1258319.28   | 0.26%             | 2049-11-15      | Fixed         | 3.05%                 | No            | 2                  | On Loan: No      |
| Morgan Stanley Bank Of America Merrill Lynch Trust 2016-C32                          | Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32                      | CUSIP: 61691GAS9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $496111.25    | 0.10%             | 2026-12-15      | Variable      | 3.72%                 | No            | 2                  | On Loan: No      |
| Morgan Stanley Capital I Trust 2017-HR2                                              | Morgan Stanley Capital I 2017-HR2 3.587%, Due 12/15/2050                         | CUSIP: 61691NAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $296533.17    | 0.06%             | 2050-12-15      | Fixed         | 3.59%                 | No            | 2                  | On Loan: No      |
| Morgan Stanley                                                                       | Morgan Stanley 2.511 ,Fixed until 10/20/2031                                     | CUSIP: 61747YEH4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1583000 | PA      | $1420358.54   | 0.29%             | 2032-10-20      | Fixed         | 2.51%                 | No            | 2                  | On Loan: No      |
| Morgan Stanley                                                                       | Morgan Stanley 5.25%, Fixed until 04/21/2033                                     | CUSIP: 61747YFE0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1777000 | PA      | $1830082.78   | 0.38%             | 2034-04-21      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Morgan Stanley Cap I Tst 2018-H3                                                     | Morgan Stanley Capital I Trust 2018-H3 4.177%, Due 07/15/2051                    | CUSIP: 61767YAZ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    908000 | PA      | $906981.86    | 0.19%             | 2051-07-15      | Fixed         | 4.18%                 | No            | 2                  | On Loan: No      |
| MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST 2025-5C2                          | Morgan Stanley Bank of America Merrill Lynch Trust 2025-5C2                      | CUSIP: 61779RBK6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2581000 | PA      | $2647694.33   | 0.54%             | 2030-11-15      | Variable      | 5.11%                 | No            | 2                  | On Loan: No      |
| Motorola Solutions Inc                                                               | Motorola Solutions, Inc. 4.85%, Due 08/15/2030                                   | CUSIP: 620076CA5<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |    761000 | PA      | $776707.54    | 0.16%             | 2030-08-15      | Fixed         | 4.85%                 | No            | 2                  | On Loan: No      |
| Motorola Solutions Inc                                                               | Motorola Solutions, Inc. 5.55%, Due 08/15/2035                                   | CUSIP: 620076CC1<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |     36000 | PA      | $37433.62     | 0.01%             | 2035-08-15      | Fixed         | 5.55%                 | No            | 2                  | On Loan: No      |
| NRG Energy, Inc.                                                                     | NRG Energy, Inc. 5.407%, Due 10/15/2035                                          | CUSIP: 629377DB5<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    703000 | PA      | $702635.00    | 0.14%             | 2035-10-15      | Fixed         | 5.41%                 | Yes           | 2                  | On Loan: No      |
| Neuberger Berman Loan Advisers CLO 41 Ltd.                                           | Neuberger Berman Loan Advisers CLO 41 Ltd. Floating Rate, Due 04/15/2034         | CUSIP: 64134BAJ9<br>LEI: 549300RYH1PYRU661D66 | Long             | ABS-CBDO         | CORP              | KY        |   3031000 | PA      | $3030396.83   | 0.62%             | 2034-04-15      | Floating      | 4.95%                 | Yes           | 2                  | On Loan: No      |
| Nevada Power Company                                                                 | Nevada Power Company 6.25%, Fixed until 05/15/2030                               | CUSIP: 641423CH9<br>LEI: MJZFGXRJ52U8U4MKJ519 | Long             | DBT              | CORP              | US        |    430000 | PA      | $437052.00    | 0.09%             | 2055-05-15      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| New Home Company Inc                                                                 | New Home Company, Inc. (The) 9.25%, Due 10/01/2029                               | CUSIP: 645370AF4<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |    641000 | PA      | $669790.96    | 0.14%             | 2029-10-01      | Fixed         | 9.25%                 | Yes           | 2                  | On Loan: No      |
| New Home Company Inc                                                                 | New Home Company, Inc. (The) 8.5%, Due 11/01/2030                                | CUSIP: 645370AG2<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |    456000 | PA      | $470182.97    | 0.10%             | 2030-11-01      | Fixed         | 8.50%                 | Yes           | 2                  | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                                  | NextEra Energy Capital Holdings, Inc. 2.44%, Due 01/15/2032                      | CUSIP: 65339KBZ2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   1133000 | PA      | $1009686.69   | 0.21%             | 2032-01-15      | Fixed         | 2.44%                 | No            | 2                  | On Loan: No      |
| Constellation Insurance Inc.                                                         | Constellation Insurance, Inc. 5.55%, Due 01/24/2030                              | CUSIP: 67740QAH9<br>LEI: 549300K609B872PZT291 | Long             | DBT              | CORP              | US        |    460000 | PA      | $463602.12    | 0.10%             | 2030-01-24      | Fixed         | 6.80%                 | Yes           | 2                  | On Loan: No      |
| Onemain Direct Auto Receivables Trust 2017-1                                         | OneMain Direct Auto Receivables Trust 2025-1 5.36%, Due 04/16/2035               | CUSIP: 682684AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $4667688.00   | 0.96%             | 2035-04-16      | Fixed         | 5.36%                 | Yes           | 2                  | On Loan: No      |
| OneMain Financial Corporation                                                        | OneMain Finance Corporation 7.875%, Due 03/15/2030                               | CUSIP: 682691AE0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    413000 | PA      | $436944.50    | 0.09%             | 2030-03-15      | Fixed         | 7.88%                 | No            | 2                  | On Loan: No      |
| OneMain Financial Corporation                                                        | OneMain Finance Corporation 7.125%, Due 09/15/2032                               | CUSIP: 682691AK6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    474000 | PA      | $493040.78    | 0.10%             | 2032-09-15      | Fixed         | 7.12%                 | No            | 2                  | On Loan: No      |
| OneMain Financial Corporation                                                        | OneMain Finance Corporation 6.125%, Due 05/15/2030                               | CUSIP: 682691AL4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    437000 | PA      | $446584.28    | 0.09%             | 2030-05-15      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| ONEMAIN FINL ISSUA TR 2023-2                                                         | OneMain Financial Issuance Trust 2023-2 5.84%, Due 09/15/2036                    | CUSIP: 68269HAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1385000 | PA      | $1413532.94   | 0.29%             | 2036-09-15      | Fixed         | 5.84%                 | Yes           | 2                  | On Loan: No      |
| ONEMAIN FINANCIAL ISSUANCE TRUST 20                                                  | OneMain Financial Issuance Trust 2023-1 5.5%, Due 06/14/2038                     | CUSIP: 68269JAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1950000 | PA      | $2016216.15   | 0.41%             | 2038-06-14      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| Oracle Corp.                                                                         | Oracle Corporation 6.125%, Due 08/03/2065                                        | CUSIP: 68389XDC6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    925000 | PA      | $820429.32    | 0.17%             | 2065-08-03      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| Oracle Corp.                                                                         | Oracle Corporation 5.875%, Due 09/26/2045                                        | CUSIP: 68389XDP7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1185000 | PA      | $1070797.52   | 0.22%             | 2045-09-26      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| Organon & Co                                                                         | Organon & Company / Organon Foreign Debt Co-Issuer 5.125%, Due 04/30/2031        | CUSIP: 68622TAB7<br>LEI: 549300AMCKY57OK2CO56 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1326296.03   | 0.27%             | 2031-04-30      | Fixed         | 5.12%                 | Yes           | 2                  | On Loan: No      |
| Ovintiv Inc                                                                          | Ovintiv, Inc. 6.25%, Due 07/15/2033                                              | CUSIP: 69047QAC6<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |    666000 | PA      | $706801.15    | 0.14%             | 2033-07-15      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| PFS Financing Corp                                                                   | PFS Financing Corporation 4.85%, Due 02/15/2030                                  | CUSIP: 69335PFU4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3740000 | PA      | $3810742.10   | 0.78%             | 2030-02-15      | Fixed         | 4.85%                 | Yes           | 2                  | On Loan: No      |
| Truist Insurance Holdings LLC & Panther Co-Issuer Inc.                               | Panther Escrow Issuer, LLC 7.125%, Due 06/01/2031                                | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1046000 | PA      | $1084574.41   | 0.22%             | 2031-06-01      | Fixed         | 7.12%                 | Yes           | 2                  | On Loan: No      |
| Pennymac Financial Services Inc                                                      | PennyMac Financial Services, Inc. 6.75%, Due 02/15/2034                          | CUSIP: 70932MAH0<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |   1172000 | PA      | $1212301.56   | 0.25%             | 2034-02-15      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Philip Morris International Inc.                                                     | Philip Morris International, Inc. 5.125%, Due 02/15/2030                         | CUSIP: 718172DA4<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    718000 | PA      | $742451.40    | 0.15%             | 2030-02-15      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| Phillips Edison Grocery Center Operating Partnership I L P                           | Phillips Edison Grocery Center Operating Partnership I, L.P.                     | CUSIP: 71845JAC2<br>LEI: 549300WUPIVS6ZE0ZI51 | Long             | DBT              | CORP              | US        |    801000 | PA      | $792527.24    | 0.16%             | 2035-01-15      | Fixed         | 4.95%                 | No            | 2                  | On Loan: No      |
| Pioneer Natural Resources Company                                                    | Pioneer Natural Resources Company 1.9%, Due 08/15/2030                           | CUSIP: 723787AQ0<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | DBT              | CORP              | US        |    707000 | PA      | $640656.78    | 0.13%             | 2030-08-15      | Fixed         | 1.90%                 | No            | 2                  | On Loan: No      |
| Plains All American Pipeline L.P.                                                    | Plains All American Pipeline, L.P. / PAA Finance Corporation                     | CUSIP: 72650RBS0<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |    710000 | PA      | $718619.83    | 0.15%             | 2036-01-15      | Fixed         | 5.60%                 | No            | 2                  | On Loan: No      |
| PROGRESS RESIDENTIAL 2025-SFR1 TRUS                                                  | Progress Residential 2025-SFR1 Trust Floating Rate, Due 02/17/2042               | CUSIP: 74334NAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3042808 | PA      | $2921794.00   | 0.60%             | 2042-02-17      | Fixed         | 3.40%                 | Yes           | 2                  | On Loan: No      |
| Prologis Targeted US Logistics Fund LP                                               | Prologis Targeted US Logistics Fund, L.P. 5.5%, Due 04/01/2034                   | CUSIP: 74350LAB0<br>LEI: 5493004DTBWUQ9F2VJ87 | Long             | DBT              | CORP              | US        |    689000 | PA      | $717562.34    | 0.15%             | 2034-04-01      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| Public Service Company of Colorado                                                   | Public Service Company of Colorado 5.35%, Due 05/15/2034                         | CUSIP: 744448CZ2<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |    786000 | PA      | $807993.47    | 0.17%             | 2034-05-15      | Fixed         | 5.35%                 | No            | 2                  | On Loan: No      |
| RGA Global Funding                                                                   | RGA Global Funding 5.5%, Due 01/11/2031                                          | CUSIP: 76209PAD5<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |    485000 | PA      | $504818.27    | 0.10%             | 2031-01-11      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| SBL Holdings Inc.                                                                    | SBL Holdings, Inc. 6.5%, Fixed Unitl 11/13/2026                                  | CUSIP: 78397DAC2<br>LEI: 635400MJW3QDSBJRKQ59 | Long             | DBT              | CORP              | US        |    783000 | PA      | $748321.87    | 0.15%             | N/A             | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| SBL Holdings Inc.                                                                    | SBL Holdings, Inc. 7.2%, Due 10/30/2034                                          | CUSIP: 78397DAD0<br>LEI: 635400MJW3QDSBJRKQ59 | Long             | DBT              | CORP              | US        |    464000 | PA      | $449510.68    | 0.09%             | 2034-10-30      | Fixed         | 7.20%                 | Yes           | 2                  | On Loan: No      |
| S&P Global Inc                                                                       | S&P Global, Inc. 4.8%, Due 12/04/2035                                            | CUSIP: 78409VBR4<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |    187000 | PA      | $186496.40    | 0.04%             | 2035-12-04      | Fixed         | 4.80%                 | Yes           | 2                  | On Loan: No      |
| Sabre GLBL Inc.                                                                      | Sabre GLBL, Inc. 10.75%, Due 11/15/2029                                          | CUSIP: 78573NAL6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    534000 | PA      | $454462.18    | 0.09%             | 2029-11-15      | Fixed         | 10.75%                | Yes           | 2                  | On Loan: No      |
| SANTANDER DRIVE AUTO 2025-1                                                          | Santander Drive Auto Receivables Trust 2025-1 4.88%, Due 03/17/2031              | CUSIP: 80288DAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2550000 | PA      | $2571341.97   | 0.53%             | 2031-03-17      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| Sempra                                                                               | Sempra 3.8%, Due 02/01/2038                                                      | CUSIP: 816851BH1<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    954000 | PA      | $820660.95    | 0.17%             | 2038-02-01      | Fixed         | 3.80%                 | No            | 2                  | On Loan: No      |
| SMB PRIVATE EDU LN TR 2024-A                                                         | SMB Private Education Loan Trust 2024-A 5.24%, Due 03/15/2056                    | CUSIP: 831943AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3135188 | PA      | $3193453.19   | 0.65%             | 2056-03-15      | Fixed         | 5.24%                 | Yes           | 2                  | On Loan: No      |
| Southern Company Gas Capital Corp.                                                   | Southern Company Gas Capital Corporation 5.1%, Due 09/15/2035                    | CUSIP: 8426EPAK4<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    999000 | PA      | $1009382.83   | 0.21%             | 2035-09-15      | Fixed         | 5.10%                 | No            | 2                  | On Loan: No      |
| Sprint Capital Corporation                                                           | Sprint Capital Corporation 8.75%, Due 03/15/2032                                 | CUSIP: 852060AT9<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |    806000 | PA      | $975275.06    | 0.20%             | 2032-03-15      | Fixed         | 8.75%                 | No            | 2                  | On Loan: No      |
| Stack Infrastructure Issuer Llc                                                      | Stack Infrastructure Issuer, LLC 5%, Due 05/25/2050                              | CUSIP: 85236KAP7<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-O            | CORP              | US        |   2207000 | PA      | $2183969.73   | 0.45%             | 2050-05-25      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Starwood Property Trust, Inc.                                                        | Starwood Property Trust, Inc. 6.5%, Due 10/15/2030                               | CUSIP: 85571BBE4<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |   1124000 | PA      | $1172668.08   | 0.24%             | 2030-10-15      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Steel Dynamics, Inc.                                                                 | Steel Dynamics, Inc. 5.375%, Due 08/15/2034                                      | CUSIP: 858119BQ2<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |    819000 | PA      | $850638.38    | 0.17%             | 2034-08-15      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| Stonebriar ABF Issuer LLC                                                            | Stonebriar A.B.F Issuer, LLC 8.125%, Due 12/15/2030                              | CUSIP: 86177CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    591000 | PA      | $608706.36    | 0.12%             | 2030-12-15      | Fixed         | 8.12%                 | Yes           | 2                  | On Loan: No      |
| Stonepeak Nile Parent LLC                                                            | Stonepeak Nile Parent, LLC 7.25%, Due 03/15/2032                                 | CUSIP: 861932AA9<br>LEI: 254900TJV3VAFZD0GU41 | Long             | DBT              | CORP              | US        |    415000 | PA      | $439686.69    | 0.09%             | 2032-03-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| STORE Capital Corp.                                                                  | Store Capital, LLC 2.75%, Due 11/18/2030                                         | CUSIP: 862121AC4<br>LEI: 5493004EA6C9IHDZ7N66 | Long             | DBT              | CORP              | US        |    944000 | PA      | $860904.69    | 0.18%             | 2030-11-18      | Fixed         | 2.75%                 | No            | 2                  | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc.                                                 | Sumitomo Mitsui Financial Group, Inc. 2.13%, Due 07/08/2030                      | CUSIP: 86562MCB4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |   1083000 | PA      | $987063.93    | 0.20%             | 2030-07-08      | Fixed         | 2.13%                 | No            | 2                  | On Loan: No      |
| Sunoco LP / Sunoco Finance Corp.                                                     | Sunoco, L.P. / Sunoco Finance Corporation 4.5%, Due 05/15/2029                   | CUSIP: 86765LAT4<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    644000 | PA      | $632721.90    | 0.13%             | 2029-05-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Synopsys Inc                                                                         | Synopsys, Inc. 5%, Due 04/01/2032                                                | CUSIP: 871607AD9<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |    704000 | PA      | $719939.63    | 0.15%             | 2032-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| T-Mobile USA, Inc.                                                                   | T-Mobile USA, Inc. 6%, Due 06/15/2054                                            | CUSIP: 87264ADD4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   1211000 | PA      | $1237418.01   | 0.25%             | 2054-06-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Tanger Properties Limited Partnership                                                | Tanger Properties, L.P. 2.75%, Due 09/01/2031                                    | CUSIP: 875484AL1<br>LEI: PQPGJDNFN35EXH363L31 | Long             | DBT              | CORP              | US        |    750000 | PA      | $679967.24    | 0.14%             | 2031-09-01      | Fixed         | 2.75%                 | No            | 2                  | On Loan: No      |
| The Toronto-Dominion Bank                                                            | Toronto-Dominion Bank (The) Variable Rate, Due 09/15/2031                        | CUSIP: 891160MJ9<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    947000 | PA      | $941790.16    | 0.19%             | 2031-09-15      | Fixed         | 3.62%                 | No            | 2                  | On Loan: No      |
| Transatlantic Holdings Inc.                                                          | Transatlantic Holdings, Inc. 8%, Due 11/30/2039                                  | CUSIP: 893521AB0<br>LEI: RN37QJVS1BV19MNIC295 | Long             | DBT              | CORP              | US        |    569000 | PA      | $712530.52    | 0.15%             | 2039-11-30      | Fixed         | 8.00%                 | No            | 2                  | On Loan: No      |
| United Air Lines, Inc.                                                               | United Airlines, Inc. 4.625%, Due 04/15/2029                                     | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    848000 | PA      | $844919.72    | 0.17%             | 2029-04-15      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| U.S. Bancorp.                                                                        | US Bancorp 4.839%, Fixed until 02/01/2033                                        | CUSIP: 91159HJL5<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    646000 | PA      | $650939.88    | 0.13%             | 2034-02-01      | Fixed         | 4.84%                 | No            | 2                  | On Loan: No      |
| United States Treasury Bonds                                                         | United States Treasury Bond 2.5%, Due 02/15/2045                                 | CUSIP: 912810RK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  23377200 | PA      | $16563111.35  | 3.39%             | 2045-02-15      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| United States Treasury Bonds                                                         | United States Treasury Bond 1.375%, Due 08/15/2050                               | CUSIP: 912810SP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  29100400 | PA      | $14315464.24  | 2.93%             | 2050-08-15      | Fixed         | 1.38%                 | No            | 2                  | On Loan: No      |
| United States Treasury Bonds                                                         | United States Treasury Note 4.25%, Due 08/15/2054                                | CUSIP: 912810UC0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15409800 | PA      | $13937140.74  | 2.86%             | 2054-08-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| United States Treasury Notes                                                         | United States Treasury Note 4%, Due 02/15/2034                                   | CUSIP: 91282CJZ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7507700 | PA      | $7485998.09   | 1.53%             | 2034-02-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| United States Treasury Notes                                                         | United States Treasury Inflation Indexed Bonds 1.875%, Due 07/15/2035            | CUSIP: 91282CNS6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4652400 | PA      | $4706515.97   | 0.96%             | 2035-07-15      | Fixed         | 1.88%                 | No            | 1                  | On Loan: No      |
| VDCM COMMERCIAL MORTGAGE TRUST 2025-AZ                                               | VDCM Commercial Mortgage Trust 2025-AZ Floating Rate, Due 07/13/2044             | CUSIP: 91825CAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    739000 | PA      | $753347.24    | 0.15%             | 2044-07-13      | Variable      | 5.84%                 | Yes           | 2                  | On Loan: No      |
| Vantage Data Centers Issuer                                                          | Vantage Data Centers, LLC 5.132%, Due 08/15/2055                                 | CUSIP: 92212KAH9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2270000 | PA      | $2247585.57   | 0.46%             | 2055-08-15      | Fixed         | 5.13%                 | Yes           | 2                  | On Loan: No      |
| Vantage Data Centers Issuer                                                          | Vantage Data Centers Issuer, LLC 5.239%, Due 11/15/2055                          | CUSIP: 92212KAJ5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2299000 | PA      | $2281301.84   | 0.47%             | 2055-11-15      | Fixed         | 5.24%                 | Yes           | 2                  | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                   | Venture Global Plaquemines LNG, LLC 6.125%, Due 12/15/2030                       | CUSIP: 922966AE6<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    941000 | PA      | $958807.89    | 0.20%             | 2030-12-15      | Fixed         | 6.12%                 | Yes           | 2                  | On Loan: No      |
| Verizon Communications Inc.                                                          | Verizon Communications, Inc. 5.875%, Due 11/30/2055                              | CUSIP: 92343VHJ6<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    344000 | PA      | $340109.17    | 0.07%             | 2055-11-30      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| Verisk Analytics, Inc.                                                               | Verisk Analytics, Inc. 5.25%, Due 03/15/2035                                     | CUSIP: 92345YAL0<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |    755000 | PA      | $768712.70    | 0.16%             | 2035-03-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Wells Fargo & Co.                                                                    | Wells Fargo & Company Variable Rate, Due 10/30/2030                              | CUSIP: 95000U2G7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1251000 | PA      | $1190479.85   | 0.24%             | 2030-10-30      | Fixed         | 2.88%                 | No            | 2                  | On Loan: No      |
| Wells Fargo & Co.                                                                    | Wells Fargo & Company 4.897%, Fixed until 07/25/2032                             | CUSIP: 95000U3B7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1077000 | PA      | $1094057.35   | 0.22%             | 2033-07-25      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| Wells Fargo & Co.                                                                    | Wells Fargo & Company 5.605%, Fixed Until 04/23/2035                             | CUSIP: 95000U3V3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1437000 | PA      | $1506737.57   | 0.31%             | 2036-04-23      | Fixed         | 5.61%                 | No            | 2                  | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRU                                                  | Wells Fargo Commercial Mortgage Trust 2025-5C5 5.59%, Due 07/15/2058             | CUSIP: 95004MAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1964000 | PA      | $2052832.90   | 0.42%             | 2058-07-15      | Fixed         | 5.59%                 | No            | 2                  | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2025-5C6                                       | Wells Fargo Commercial Mortgage Trust 2025-5C6 5.186%, Due 10/15/2058            | CUSIP: 95004TAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2015000 | PA      | $2073997.59   | 0.43%             | 2058-10-15      | Variable      | 5.19%                 | No            | 2                  | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRU                                                  | Wells Fargo Commercial Mortgage Trust 2025-5C7 5.203%, Due 12/15/2058            | CUSIP: 95004XAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1743000 | PA      | $1794566.13   | 0.37%             | 2058-12-15      | Fixed         | 5.20%                 | No            | 2                  | On Loan: No      |
| Westpac Banking Corp.                                                                | Westpac Banking Corporation 4.322%, Fixed Unitl 11/23/2026                       | CUSIP: 961214DF7<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |   1103000 | PA      | $1102414.85   | 0.23%             | 2031-11-23      | Fixed         | 4.32%                 | No            | 2                  | On Loan: No      |
| Woodside Finance Ltd.                                                                | Woodside Finance Ltd. 6%, Due 05/19/2035                                         | CUSIP: 980236AV5<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | AU        |    765000 | PA      | $797124.59    | 0.16%             | 2035-05-19      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| WULF Compute LLC                                                                     | WULF Compute, LLC 7.75%, Due 10/15/2030                                          | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    490000 | PA      | $505194.13    | 0.10%             | 2030-10-15      | Fixed         | 7.75%                 | Yes           | 2                  | On Loan: No      |
| Zoetis Inc.                                                                          | Zoetis, Inc. 5%, Due 08/17/2035                                                  | CUSIP: 98978VAX1<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |   1130000 | PA      | $1142806.13   | 0.23%             | 2035-08-17      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| N/A                                                                                  | BBH SWEEP VEHICLE                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |   2577422 | PA      | $2577422.33   | 0.53%             |  |  |  | No            | N/A                | On Loan: No      |
| Chicago Board of Trade                                                               | CBOT 5 Year US Treasury Note 2026-03-31                                          | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DCO              | CORP              | US        |        95 | NS      | $-34894.64    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Board of Trade                                                               | CBOT 2 Year US Treasury Note Future 2026-03-31                                   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DCO              | CORP              | US        |        85 | NS      | $-6641.73     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-12-31

**Name of Applicant:** Capitol Series Trust

**Signature:** Zachary Richmond

**Name of Signer:** Zachary Richmond

**Title:** Treasurer