# EDGAR Filing Document

**Accession Number:** 0000932381
**File Stem:** 0000932381-26-000093
**Filing Date:** 2026-5
**Character Count:** 81537
**Document Hash:** 7f23463836647d7f054897f909959de9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000932381-26-000093.hdr.sgml**: 20260527

**ACCESSION NUMBER**: 0000932381-26-000093

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260527

**DATE AS OF CHANGE**: 20260527

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tributary Funds, Inc.
- **CENTRAL INDEX KEY:** 0000932381

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** NE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08846
- **FILM NUMBER:** 261024764

**BUSINESS ADDRESS:**
- **STREET 1:** 1620 DODGE STREET
- **STREET 2:** STOP 1075
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68197
- **BUSINESS PHONE:** 1-800-662-4203

**MAIL ADDRESS:**
- **STREET 1:** 1620 DODGE STREET
- **STREET 2:** STOP 1075
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68197

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST FOCUS FUNDS INC
- **DATE OF NAME CHANGE:** 20010731

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST OMAHA FUNDS INC
- **DATE OF NAME CHANGE:** 19941103

## Series and Classes Contracts Data

### Balanced Fund (Series ID: S000022136)

| Class ID   | Class Name         | Ticker Symbol   |
|:---|:---|:---|
| C000063510 | Institutional      | FOBAX           |
| C000091256 | Institutional Plus | FOBPX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** TRIBUTARY CAPITAL MANAGEMENT, LLC

- **b. Investment Company Act file number:** 811-08846

- **c. CIK number of Registrant:** 0000932381

- **d. LEI of Registrant:** 2549000T9YMVQWFGOI81

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

  - **Street Address 1:** 1620 DODGE STREET

  - **City:** OMAHA

  - **State:** NE

  - **Foreign country:** US

  - **Zip / Postal Code:** 68197

  - **Telephone number:** 800-662-4203

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

- **a. Name of Series:** TRIBUTARY BALANCED FUND

- **b. EDGAR series identifier (if any):** S000022136

- **c. LEI of Series:** 254900MJ8XBXLU792078

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

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

- **b. Date as of which information is reported:** 2026-03-31

**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:** $78795215.48

**Total Liabilities:** $204359.00

**Net Assets:** $78590856.48

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.25690000 | **1-Year:** 104.75100000 | **5-Year:** 3521.55250000 | **10-Year:** 2234.73750000 | **30-Year:** 0.00000000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 53.06420000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000063510 | 1.05%                | 0.15%                | -3.68%               |
| Class ID C000091256 | 1.07%                | 0.15%                | -3.64%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-93741.65               | $2784778.61                                |
| Month 2  | $453263.15               | $-2328095.39                               |
| Month 3  | $531133.20               | $-3630001.43                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| AT&T INC                       | AT&T, Inc.                                                       | CUSIP: 00206RGQ9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    303000 | PA      | $301077.98    | 0.38%             | 2030-02-15      | Fixed         | 4.30%                 | No            | 2                  | On Loan: No      |
| Abbott Laboratories            | Abbott Laboratories                                              | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      4125 | NS      | $423513.75    | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| AbbVie Inc                     | AbbVie, Inc.                                                     | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      2805 | NS      | $610059.45    | 0.78%             |  |  |  | No            | 1                  | On Loan: No      |
| AGILENT TECHNOLOGIES INC       | Agilent Technologies, Inc.                                       | CUSIP: 00846UAM3<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |    260000 | PA      | $235299.26    | 0.30%             | 2030-06-04      | Fixed         | 2.10%                 | No            | 2                  | On Loan: No      |
| AIRBNB INC                     | Airbnb, Inc.                                                     | CUSIP: 009066AD3<br>LEI: 549300HMUDNO0RY56D37 | Long             | DBT              | CORP              | US        |    105000 | PA      | $104763.40    | 0.13%             | 2031-03-16      | Fixed         | 4.65%                 | No            | 2                  | On Loan: No      |
| Aligned Data Centers Issuer LL | Aligned Data Centers Issuer, LLC                                 | CUSIP: 01627AAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    155000 | PA      | $153417.06    | 0.20%             | 2046-08-15      | Fixed         | 1.94%                 | Yes           | 2                  | On Loan: No      |
| Alphabet Inc                   | Alphabet, Inc.                                                   | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      9350 | NS      | $2682141.00   | 3.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Amazon.com Inc                 | Amazon.com, Inc.                                                 | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      8835 | NS      | $1840065.45   | 2.34%             |  |  |  | No            | 1                  | On Loan: No      |
| AMAZON.COM INC                 | Amazon.com, Inc.                                                 | CUSIP: 023135DE3<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148556.31    | 0.19%             | 2033-03-13      | Fixed         | 4.55%                 | No            | 2                  | On Loan: No      |
| AMERICAN HONDA FINANCE         | American Honda Finance Corp.                                     | CUSIP: 02665WGK1<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    170000 | PA      | $168592.59    | 0.21%             | 2028-09-01      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| AMERICAN HONDA FINANCE         | American Honda Finance Corp.                                     | CUSIP: 02665WGR6<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    115000 | PA      | $113594.85    | 0.14%             | 2029-01-08      | Fixed         | 4.15%                 | No            | 2                  | On Loan: No      |
| American Heritage Auto Receiva | American Heritage Auto Receivables Trust                         | CUSIP: 026944AD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     85000 | PA      | $85393.65     | 0.11%             | 2030-06-17      | Fixed         | 5.07%                 | Yes           | 2                  | On Loan: No      |
| American Tower Corp            | American Tower Corp.                                             | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      2345 | NS      | $404700.10    | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| AMETEK Inc                     | AMETEK, Inc.                                                     | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |      2530 | NS      | $542330.80    | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| Amgen Inc                      | Amgen, Inc.                                                      | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      1605 | NS      | $564719.25    | 0.72%             |  |  |  | No            | 1                  | On Loan: No      |
| Amphenol Corp                  | Amphenol Corp.                                                   | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      3985 | NS      | $503504.75    | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| AXIS Equipment Finance Receiva | AXIS Equipment Finance Receivables XI, LLC                       | CUSIP: 03236XAB3<br>LEI: 549300IFG1NMINYRYF89 | Long             | ABS-MBS          | CORP              | US        |      9349 | PA      | $9355.28      | 0.01%             | 2028-06-21      | Fixed         | 5.30%                 | Yes           | 2                  | On Loan: No      |
| Angel Oak Mortgage Trust       | Angel Oak Mortgage Trust                                         | CUSIP: 03464PAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     78219 | PA      | $74796.25     | 0.10%             | 2067-01-25      | Variable      | 4.04%                 | Yes           | 2                  | On Loan: No      |
| Apple Inc                      | Apple, Inc.                                                      | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     12925 | NS      | $3280235.75   | 4.17%             |  |  |  | No            | 1                  | On Loan: No      |
| APPLIED MATERIALS INC          | Applied Materials, Inc.                                          | CUSIP: 038222AN5<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |     70000 | PA      | $63003.94     | 0.08%             | 2030-06-01      | Fixed         | 1.75%                 | No            | 2                  | On Loan: No      |
| APTARGROUP INC                 | AptarGroup, Inc.                                                 | CUSIP: 038336AB9<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99106.20     | 0.13%             | 2031-03-30      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Arista Networks Inc            | Arista Networks, Inc.                                            | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      3630 | NS      | $445691.40    | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Atmos Energy Corp              | Atmos Energy Corp.                                               | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |      1995 | NS      | $368516.40    | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Avant Loans Funding Trust      | Avant Loans Funding Trust                                        | CUSIP: 05352BAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $300618.36    | 0.38%             | 2034-05-15      | Fixed         | 5.12%                 | Yes           | 2                  | On Loan: No      |
| BMW FINANCE NV                 | BMW Finance NV                                                   | CUSIP: 05600LAC0<br>LEI: 5299006ZHG3IXU0PNJ56 | Long             | DBT              | CORP              | NL        |    230000 | PA      | $217742.91    | 0.28%             | 2029-08-14      | Fixed         | 2.85%                 | Yes           | 2                  | On Loan: No      |
| BX Trust                       | BX Commercial Mortgage Trust                                     | CUSIP: 05610HAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      7144 | PA      | $7139.81      | 0.01%             | 2039-02-15      | Floating      | 4.69%                 | Yes           | 2                  | On Loan: No      |
| Balchem Corp                   | Balchem Corp.                                                    | CUSIP: 057665200<br>LEI: 549300VR70OPMHUI3557 | Long             | EC               | CORP              | US        |      2200 | NS      | $372856.00    | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| BANK OF AMERICA CORP           | Bank of America Corp.                                            | CUSIP: 06051GJT7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    345000 | PA      | $312645.40    | 0.40%             | 2032-04-22      | Variable      | 2.69%                 | No            | 2                  | On Loan: No      |
| Bank of New York Mellon Corp/T | The Bank of New York Mellon Corp.                                | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |      3975 | NS      | $471554.25    | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| BAYLOR SCOTT & WHITE HOL       | Baylor Scott & White Holdings                                    | CUSIP: 072863AH6<br>LEI: 549300JQDKSBWYRGGV95 | Long             | DBT              | CORP              | US        |    125000 | PA      | $111010.68    | 0.14%             | 2030-11-15      | Fixed         | 1.78%                 | No            | 2                  | On Loan: No      |
| N/A                            | BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares | CUSIP: 09248U718<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   2553664 | NS      | $2553663.62   | 3.25%             |  |  |  | No            | 1                  | On Loan: No      |
| BofA Auto Trust                | BofA Auto Trust                                                  | CUSIP: 09709AAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    175000 | PA      | $177173.73    | 0.23%             | 2030-06-17      | Fixed         | 5.31%                 | Yes           | 2                  | On Loan: No      |
| Booking Holdings Inc           | Booking Holdings, Inc.                                           | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |        79 | NS      | $332615.28    | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Brean Asset Backed Securities  | Brean Asset Backed Securities Trust                              | CUSIP: 10638CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    120166 | PA      | $114616.21    | 0.15%             | 2063-10-25      | Variable      | 1.40%                 | Yes           | 2                  | On Loan: No      |
| Broadcom Inc                   | Broadcom, Inc.                                                   | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      4950 | NS      | $1532074.50   | 1.95%             |  |  |  | No            | 1                  | On Loan: No      |
| CBRE SERVICES INC              | CBRE Services, Inc.                                              | CUSIP: 12505BAE0<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |    326000 | PA      | $291276.33    | 0.37%             | 2031-04-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| CCG Receivables Trust          | CCG Receivables Trust                                            | CUSIP: 12511QAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     30101 | PA      | $30386.76     | 0.04%             | 2032-04-14      | Fixed         | 6.28%                 | Yes           | 2                  | On Loan: No      |
| CD Commercial Mortgage Trust   | CD Commercial Mortgage Trust                                     | CUSIP: 12512JAT1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     57437 | PA      | $57179.83     | 0.07%             | 2051-08-15      | Fixed         | 4.21%                 | No            | 2                  | On Loan: No      |
| CCG Receivables Trust          | CCG Receivables Trust                                            | CUSIP: 12512XAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      7657 | PA      | $7674.77      | 0.01%             | 2030-09-16      | Fixed         | 5.82%                 | Yes           | 2                  | On Loan: No      |
| CCG Receivables Trust          | CCG Receivables Trust                                            | CUSIP: 12515PAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     46962 | PA      | $47283.70     | 0.06%             | 2032-03-15      | Fixed         | 4.99%                 | Yes           | 2                  | On Loan: No      |
| CF Hippolyta Issuer LLC        | CF Hippolyta Issuer, LLC                                         | CUSIP: 12530MAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    229412 | PA      | $192212.69    | 0.24%             | 2060-07-15      | Fixed         | 1.69%                 | Yes           | 2                  | On Loan: No      |
| CF Hippolyta Issuer LLC        | CF Hippolyta Issuer, LLC                                         | CUSIP: 12530MAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    110944 | PA      | $89240.32     | 0.11%             | 2061-03-15      | Fixed         | 1.53%                 | Yes           | 2                  | On Loan: No      |
| CME Group Inc                  | CME Group, Inc.                                                  | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |      1675 | NS      | $494711.25    | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| CSX Corp                       | CSX Corp.                                                        | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     15100 | NS      | $619855.00    | 0.79%             |  |  |  | No            | 1                  | On Loan: No      |
| Credit Suisse Mortgage Trust   | Credit Suisse Mortgage Trust                                     | CUSIP: 12651RAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     74776 | PA      | $70408.12     | 0.09%             | 2047-04-25      | Variable      | 3.25%                 | Yes           | 2                  | On Loan: No      |
| CAMPBELLS COMPANY/THE          | The Campbell's Co.                                               | CUSIP: 134429BJ7<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |    250000 | PA      | $224544.74    | 0.29%             | 2030-04-24      | Fixed         | 2.38%                 | No            | 2                  | On Loan: No      |
| Capteris Equipment Finance     | Capteris Equipment Finance 2026-1, LLC                           | CUSIP: 14077FAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $149199.29    | 0.19%             | 2033-09-20      | Fixed         | 4.95%                 | Yes           | 2                  | On Loan: No      |
| Chase Auto Owner Trust         | Chase Auto Owner Trust                                           | CUSIP: 16144KAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    280000 | PA      | $285826.55    | 0.36%             | 2029-06-25      | Fixed         | 5.59%                 | Yes           | 2                  | On Loan: No      |
| Chase Mortgage Finance Corpora | Chase Mortgage Finance Corp.                                     | CUSIP: 16159LAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    116117 | PA      | $106826.36    | 0.14%             | 2062-06-25      | Variable      | 3.50%                 | Yes           | 2                  | On Loan: No      |
| Church & Dwight Co Inc         | Church & Dwight Co., Inc.                                        | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |      3090 | NS      | $288358.80    | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Cintas Corp                    | Cintas Corp.                                                     | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2310 | NS      | $390713.40    | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| CITIGROUP INC                  | Citigroup, Inc.                                                  | CUSIP: 172967NU1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    300000 | PA      | $298641.83    | 0.38%             | 2033-05-24      | Variable      | 4.91%                 | No            | 2                  | On Loan: No      |
| Citigroup Mortgage Loan Trust  | Citigroup Mortgage Loan Trust REMIC                              | CUSIP: 17322GAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      8108 | PA      | $7919.20      | 0.01%             | 2035-01-25      | Variable      | 4.00%                 | Yes           | 2                  | On Loan: No      |
| Citigroup Mortgage Loan Trust  | Citigroup Mortgage Loan Trust                                    | CUSIP: 17327RAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     22318 | PA      | $21867.51     | 0.03%             | 2066-01-25      | Variable      | 3.50%                 | Yes           | 2                  | On Loan: No      |
| Citizens Auto Receivables Trus | Citizens Auto Receivables Trust                                  | CUSIP: 17331KAD1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     65493 | PA      | $65744.44     | 0.08%             | 2028-01-18      | Fixed         | 5.84%                 | Yes           | 2                  | On Loan: No      |
| Coca-Cola Co/The               | The Coca-Cola Co.                                                | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |      6770 | NS      | $514858.50    | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| COMMONBOND STUDENT LOAN TRUST  | Commonbond Student Loan Trust                                    | CUSIP: 20267XAA1<br>LEI: 549300O1CSZVJJTIR319 | Long             | ABS-CBDO         | CORP              | US        |     16113 | PA      | $15638.19     | 0.02%             | 2046-02-25      | Fixed         | 3.87%                 | Yes           | 2                  | On Loan: No      |
| CONCENTRIX CORP                | Concentrix Corp.                                                 | CUSIP: 20602DAD3<br>LEI: 5493000EAJN1KMPVA737 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72948.57     | 0.09%             | 2029-03-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Corning Inc                    | Corning, Inc.                                                    | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |      3490 | NS      | $474535.30    | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| Costco Wholesale Corp          | Costco Wholesale Corp.                                           | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       630 | NS      | $627750.90    | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| Diamondback Energy Inc         | Diamondback Energy, Inc.                                         | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |      1880 | NS      | $371845.20    | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| WALT DISNEY COMPANY/THE        | The Walt Disney Co.                                              | CUSIP: 254687FX9<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    335000 | PA      | $310892.87    | 0.40%             | 2031-01-13      | Fixed         | 2.65%                 | No            | 2                  | On Loan: No      |
| Dollar General Corp            | Dollar General Corp.                                             | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |      2590 | NS      | $307510.70    | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| DOLLAR GENERAL CORP            | Dollar General Corp.                                             | CUSIP: 256677AG0<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |    310000 | PA      | $295169.22    | 0.38%             | 2030-04-03      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| DUKE ENERGY CORP               | Duke Energy Corp.                                                | CUSIP: 26441CBZ7<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     85000 | PA      | $88446.36     | 0.11%             | 2033-09-15      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Ellington Financial Mortgage T | Ellington Financial Mortgage Trust                               | CUSIP: 26846KAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $100018.31    | 0.13%             | 2071-04-25      | Variable      | 5.47%                 | Yes           | 2                  | On Loan: No      |
| Ellington Financial Mortgage T | Ellington Financial Mortgage Trust                               | CUSIP: 26846MAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    127570 | PA      | $126352.28    | 0.16%             | 2060-12-25      | Variable      | 4.91%                 | Yes           | 2                  | On Loan: No      |
| Ellington Financial Mortgage T | Ellington Financial Mortgage Trust                               | CUSIP: 26846VAA2<br>LEI: 254900CMJGXNT3R7H775 | Long             | ABS-MBS          | CORP              | US        |     98182 | PA      | $98670.81     | 0.13%             | 2060-01-25      | Variable      | 5.73%                 | Yes           | 2                  | On Loan: No      |
| ELFI Graduate Loan Program 201 | ELFI Graduate Loan Program, LLC                                  | CUSIP: 26857LAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     29143 | PA      | $26751.20     | 0.03%             | 2045-08-25      | Fixed         | 1.73%                 | Yes           | 2                  | On Loan: No      |
| EOG Resources Inc              | EOG Resources, Inc.                                              | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |      2725 | NS      | $393953.25    | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Edwards Lifesciences Corp      | Edwards Lifesciences Corp.                                       | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |      4890 | NS      | $391591.20    | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| ENERGY TRANSFER LP             | Energy Transfer LP                                               | CUSIP: 292480AL4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    245000 | PA      | $247089.49    | 0.31%             | 2028-05-15      | Fixed         | 4.95%                 | No            | 2                  | On Loan: No      |
| ENACT HOLDINGS INC             | Enact Holdings, Inc.                                             | CUSIP: 29249EAA7<br>LEI: 9845003CA5664B741N19 | Long             | DBT              | CORP              | US        |    250000 | PA      | $257297.89    | 0.33%             | 2029-05-28      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| ENERGY TRANSFER LP             | Energy Transfer LP                                               | CUSIP: 29273VAY6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    110000 | PA      | $112009.39    | 0.14%             | 2034-05-15      | Fixed         | 5.55%                 | No            | 2                  | On Loan: No      |
| Equitable Holdings Inc         | Equitable Holdings, Inc.                                         | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |      6135 | NS      | $227669.85    | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| EXELON CORP                    | Exelon Corp.                                                     | CUSIP: 30161NBR1<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    300000 | PA      | $305338.94    | 0.39%             | 2031-03-15      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| Exxon Mobil Corp               | Exxon Mobil Corp.                                                | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      5675 | NS      | $962820.50    | 1.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms, Inc.                                             | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      2340 | NS      | $1338784.20   | 1.70%             |  |  |  | No            | 1                  | On Loan: No      |
| FRTKL                          | FRTKL 2021-SFR1                                                  | CUSIP: 30322DAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    190000 | PA      | $187044.70    | 0.24%             | 2038-09-17      | Fixed         | 1.57%                 | Yes           | 2                  | On Loan: No      |
| Fair Isaac Corp                | Fair Isaac Corp.                                                 | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |       312 | NS      | $333072.48    | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| First Help Financial LLC       | First Help Financial LLC                                         | CUSIP: 30339EAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     49123 | PA      | $49005.88     | 0.06%             |  |  |  | Yes           | 2                  | On Loan: No      |
| Fanniemae-Aces                 | Federal National Mortgage Association REMIC                      | CUSIP: 3136B4TV0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | CORP              | US        |     64686 | PA      | $63747.10     | 0.08%             | 2029-04-25      | Variable      | 4.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                     | Federal National Mortgage Association                            | CUSIP: 3136BWMS2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    241601 | PA      | $241803.17    | 0.31%             | 2036-07-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                    | Federal Home Loan Mortgage Corp.                                 | CUSIP: 3137BWNS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     24068 | PA      | $23855.47     | 0.03%             | 2054-12-15      | Variable      | 3.75%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                    | Federal Home Loan Mortgage Corp.                                 | CUSIP: 3137HLKL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     89540 | PA      | $91265.00     | 0.12%             | 2036-04-25      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                    | Federal Home Loan Mortgage Corp.                                 | CUSIP: 3137HPG49<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | CORP              | US        |    290826 | PA      | $290876.34    | 0.37%             | 2050-08-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                     | Federal National Mortgage Association                            | CUSIP: 3138EHPF3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       900 | PA      | $896.52       | 0.00%             | 2026-12-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| FannieMae Grantor Trust        | Federal National Mortgage Association                            | CUSIP: 31392DSE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    115681 | PA      | $120331.03    | 0.15%             | 2032-07-25      | Variable      | 6.78%                 | No            | 2                  | On Loan: No      |
| FCCU Auto Receivables Trust    | FCCU Auto Receivables Trust                                      | CUSIP: 31424YAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $202582.26    | 0.26%             | 2031-05-15      | Fixed         | 5.18%                 | Yes           | 2                  | On Loan: No      |
| First American Financial Corp  | First American Financial Corp.                                   | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |      5625 | NS      | $339131.25    | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| First Industrial Realty Trust  | First Industrial Realty Trust, Inc.                              | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6320 | NS      | $365612.00    | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| FORD MOTOR CREDIT CO LLC       | Ford Motor Credit Co., LLC                                       | CUSIP: 345397E58<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202255.77    | 0.26%             | 2029-03-08      | Fixed         | 5.80%                 | No            | 2                  | On Loan: No      |
| Foundation Finance Trust       | Foundation Finance Trust                                         | CUSIP: 35040VAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    103178 | PA      | $102716.70    | 0.13%             | 2050-03-15      | Fixed         | 4.60%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac - SLST             | Seasoned Loans Structured Transaction Trust                      | CUSIP: 35564CDD6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    240000 | PA      | $225747.12    | 0.29%             | 2029-09-25      | Fixed         | 2.75%                 | No            | N/A                | On Loan: No      |
| GS Mortgage Securities Trust   | Goldman Sachs Mortgage Securities Trust                          | CUSIP: 36258RBB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    144929 | PA      | $139094.45    | 0.18%             | 2053-05-12      | Fixed         | 2.32%                 | No            | 2                  | On Loan: No      |
| GOLDMAN SACHS GROUP INC        | The Goldman Sachs Group, Inc.                                    | CUSIP: 38141GZM9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    330000 | PA      | $298039.13    | 0.38%             | 2033-02-24      | Variable      | 3.10%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage A | Government National Mortgage Association                         | CUSIP: 38380LSA2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-CBDO         | USGSE             | US        |     58788 | PA      | $57089.28     | 0.07%             | 2069-01-20      | Variable      | 3.50%                 | No            | 2                  | On Loan: No      |
| GREAT AMERICA LEASING RECEIVAB | GreatAmerica Leasing Receivables Funding, LLC                    | CUSIP: 39154TCJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    180014 | PA      | $180945.35    | 0.23%             | 2028-01-18      | Fixed         | 4.98%                 | Yes           | 2                  | On Loan: No      |
| Greensky Home Improvement Issu | GreenSky Home Improvement Trust                                  | CUSIP: 39571MAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $101706.41    | 0.13%             | 2059-06-25      | Fixed         | 5.55%                 | Yes           | 2                  | On Loan: No      |
| Greensky Home Improvement Issu | GreenSky Home Improvement Trust                                  | CUSIP: 39571MAD0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     36347 | PA      | $36866.88     | 0.05%             | 2059-06-25      | Fixed         | 5.67%                 | Yes           | 2                  | On Loan: No      |
| GreenState Auto Receivables Tr | GreenState Auto Receivables Trust                                | CUSIP: 39573AAC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    142492 | PA      | $143164.94    | 0.18%             | 2029-01-16      | Fixed         | 5.19%                 | Yes           | 2                  | On Loan: No      |
| Home Depot Inc/The             | The Home Depot, Inc.                                             | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      1385 | NS      | $455512.65    | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| Hudson Yards                   | Hudson Yards Mortgage Trust                                      | CUSIP: 44421GAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    200000 | PA      | $190083.52    | 0.24%             | 2039-07-10      | Fixed         | 3.23%                 | Yes           | 2                  | On Loan: No      |
| Humana Inc                     | Humana, Inc.                                                     | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |       405 | NS      | $70222.95     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| HUNTINGTON INGALLS INDUS       | Huntington Ingalls Industries, Inc.                              | CUSIP: 446413AL0<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |    260000 | PA      | $255886.40    | 0.33%             | 2027-12-01      | Fixed         | 3.48%                 | No            | 2                  | On Loan: No      |
| The Huntington National Bank   | Huntington Bank Auto Credit-Linked Notes                         | CUSIP: 446438SX2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    104114 | PA      | $104476.93    | 0.13%             | 2033-03-21      | Fixed         | 4.96%                 | Yes           | 2                  | On Loan: No      |
| IP 2025-IP Mortgage Trust      | IP 2025-IP Mortgage Trust                                        | CUSIP: 449843AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $151169.10    | 0.19%             | 2042-06-10      | Variable      | 5.25%                 | Yes           | 2                  | On Loan: No      |
| INTERCONTINENTALEXCHANGE       | Intercontinental Exchange, Inc.                                  | CUSIP: 45866FAK0<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    350000 | PA      | $317827.90    | 0.40%             | 2030-06-15      | Fixed         | 2.10%                 | No            | 2                  | On Loan: No      |
| JPMorgan Chase & Co            | JPMorgan Chase & Co.                                             | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      3570 | NS      | $1050151.20   | 1.34%             |  |  |  | No            | 1                  | On Loan: No      |
| JPMORGAN CHASE & CO            | JPMorgan Chase & Co.                                             | CUSIP: 46647PBE5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     45000 | PA      | $42381.51     | 0.05%             | 2030-10-15      | Variable      | 2.74%                 | No            | 2                  | On Loan: No      |
| JPMORGAN CHASE & CO            | JPMorgan Chase & Co.                                             | CUSIP: 46647PEC6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    255000 | PA      | $258913.74    | 0.33%             | 2035-01-23      | Variable      | 5.34%                 | No            | 2                  | On Loan: No      |
| KNDR 2021-KIND A               | KNDR 2021-KIND A                                                 | CUSIP: 482606AA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    143799 | PA      | $143080.39    | 0.18%             | 2038-08-15      | Floating      | 4.74%                 | Yes           | 2                  | On Loan: No      |
| Kennametal Inc                 | Kennametal, Inc.                                                 | CUSIP: 489170100<br>LEI: 549300GZDSG25XUV0Y08 | Long             | EC               | CORP              | US        |     10000 | NS      | $361300.00    | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Kubota Credit Owner Trust      | Kubota Credit Owner Trust                                        | CUSIP: 50117DAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $101861.33    | 0.13%             | 2030-05-15      | Fixed         | 5.19%                 | Yes           | 2                  | On Loan: No      |
| Liberty Street Trust           | Liberty Street Commercial Mortgage Trust 2026-225L               | CUSIP: 50178LAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    130000 | PA      | $128305.40    | 0.16%             | 2043-02-10      | Variable      | 4.59%                 | Yes           | 2                  | On Loan: No      |
| LA VISTA NE ECON DEV FUND      | La Vista Economic Development Fund                               | CUSIP: 505321AQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $47111.56     | 0.06%             | 2028-10-15      | Fixed         | 1.64%                 | No            | 2                  | On Loan: No      |
| Eli Lilly & Co                 | Eli Lilly & Co.                                                  | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      1010 | NS      | $928967.70    | 1.18%             |  |  |  | No            | 1                  | On Loan: No      |
| M&T Equipment Notes            | M&T Equipment Notes                                              | CUSIP: 55376YAD7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    105000 | PA      | $106345.29    | 0.14%             | 2031-08-18      | Fixed         | 4.94%                 | Yes           | 2                  | On Loan: No      |
| MARS INC                       | Mars, Inc.                                                       | CUSIP: 571676AY1<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    300000 | PA      | $303157.22    | 0.39%             | 2030-03-01      | Fixed         | 4.80%                 | Yes           | 2                  | On Loan: No      |
| MasTec Inc                     | MasTec, Inc.                                                     | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |      1715 | NS      | $551784.10    | 0.70%             |  |  |  | No            | 1                  | On Loan: No      |
| Mastercard Inc                 | Mastercard, Inc.                                                 | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      1420 | NS      | $709517.20    | 0.90%             |  |  |  | No            | 1                  | On Loan: No      |
| MCDONALD'S CORP                | McDonald's Corp.                                                 | CUSIP: 58013MFM1<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    330000 | PA      | $303093.40    | 0.39%             | 2030-03-01      | Fixed         | 2.12%                 | No            | 2                  | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp.                                                  | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      6415 | NS      | $2374640.55   | 3.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Microchip Technology Inc       | Microchip Technology, Inc.                                       | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |      6405 | NS      | $413827.05    | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| Mirion Technologies Inc        | Mirion Technologies, Inc.                                        | CUSIP: 60471A101<br>LEI: 549300BNTOWVWFNVTJ65 | Long             | EC               | CORP              | US        |     14800 | NS      | $275132.00    | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Monolithic Power Systems Inc   | Monolithic Power Systems, Inc.                                   | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |       390 | NS      | $426406.50    | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| Moody's Corp                   | Moody's Corp.                                                    | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |       800 | NS      | $349000.00    | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Morgan Stanley                 | Morgan Stanley                                                   | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      3080 | NS      | $506875.60    | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| MORGAN STANLEY                 | Morgan Stanley                                                   | CUSIP: 61747YEU5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    285000 | PA      | $283180.57    | 0.36%             | 2033-07-20      | Variable      | 4.89%                 | No            | 2                  | On Loan: No      |
| Mueller Water Products Inc     | Mueller Water Products, Inc.                                     | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |     17800 | NS      | $489322.00    | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| NMEF Funding LLC               | NMEF Funding, LLC                                                | CUSIP: 62919UAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     50233 | PA      | $50475.05     | 0.06%             | 2031-12-15      | Fixed         | 5.15%                 | Yes           | 2                  | On Loan: No      |
| Napco Security Technologies In | Napco Security Technologies, Inc.                                | CUSIP: 630402105<br>LEI: 529900KV21J4YY9YST76 | Long             | EC               | CORP              | US        |     10248 | NS      | $403668.72    | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| NNN REIT INC                   | NNN REIT, Inc.                                                   | CUSIP: 637417AU0<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              | CORP              | US        |    155000 | PA      | $154063.51    | 0.20%             | 2031-02-15      | Fixed         | 4.60%                 | No            | 2                  | On Loan: No      |
| New Residential Mortgage Loan  | New Residential Mortgage Loan Trust REMIC                        | CUSIP: 64829EAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     15865 | PA      | $15408.38     | 0.02%             | 2055-08-25      | Variable      | 3.75%                 | Yes           | 2                  | On Loan: No      |
| NextEra Energy Inc             | NextEra Energy, Inc.                                             | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |      5260 | NS      | $488548.80    | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Nicolet Bankshares Inc         | Nicolet Bankshares, Inc.                                         | CUSIP: 65406E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1550 | NS      | $230361.00    | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| NORTH TEXAS HIGHER EDUCATION A | North Texas Higher Education Authority, Inc.                     | CUSIP: 66286VAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     54781 | PA      | $54385.20     | 0.07%             | 2061-09-25      | Floating      | 4.36%                 | No            | 2                  | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp.                                                     | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     21095 | NS      | $3678968.00   | 4.68%             |  |  |  | No            | 1                  | On Loan: No      |
| O'Reilly Automotive Inc        | O'Reilly Automotive, Inc.                                        | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      3070 | NS      | $283391.70    | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Onslow Bay Financial LLC       | Onslow Bay Financial LLC                                         | CUSIP: 67116WAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    126493 | PA      | $114870.04    | 0.15%             | 2052-02-25      | Variable      | 3.00%                 | Yes           | 2                  | On Loan: No      |
| Octane Receivables Trust       | Octane Receivables Trust                                         | CUSIP: 67578YAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     38953 | PA      | $39239.97     | 0.05%             | 2032-07-20      | Fixed         | 5.80%                 | Yes           | 2                  | On Loan: No      |
| Oracle Corp                    | Oracle Corp.                                                     | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      3360 | NS      | $494289.60    | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| ORACLE CORP                    | Oracle Corp.                                                     | CUSIP: 68389XCD5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    225000 | PA      | $214325.71    | 0.27%             | 2028-03-25      | Fixed         | 2.30%                 | No            | 2                  | On Loan: No      |
| PEAC Solutions Receivables LLC | PEAC Solutions Receivables, LLC                                  | CUSIP: 69392HAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140000 | PA      | $141747.24    | 0.18%             | 2032-07-20      | Fixed         | 5.04%                 | Yes           | 2                  | On Loan: No      |
| PAYCHEX INC                    | Paychex, Inc.                                                    | CUSIP: 704326AA5<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |    175000 | PA      | $176568.67    | 0.22%             | 2030-04-15      | Fixed         | 5.10%                 | No            | 2                  | On Loan: No      |
| Phillips 66                    | Phillips 66                                                      | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |      2155 | NS      | $392597.90    | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Pool Corp                      | Pool Corp.                                                       | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |       870 | NS      | $176027.10    | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Post Road Equipment Finance    | Post Road Equipment Finance, LLC                                 | CUSIP: 73747LAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    122671 | PA      | $123460.79    | 0.16%             | 2031-05-15      | Fixed         | 4.90%                 | Yes           | 2                  | On Loan: No      |
| Progress Residential Trust     | Progress Residential Trust                                       | CUSIP: 74333HAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    118794 | PA      | $117789.44    | 0.15%             | 2038-07-17      | Fixed         | 1.52%                 | Yes           | 2                  | On Loan: No      |
| PureCycle Technologies Inc     | PureCycle Technologies, Inc.                                     | CUSIP: 74623V103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24251 | NS      | $125862.69    | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| QUALCOMM INC                   | QUALCOMM, Inc.                                                   | CUSIP: 747525BK8<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    328000 | PA      | $300226.67    | 0.38%             | 2030-05-20      | Fixed         | 2.15%                 | No            | 2                  | On Loan: No      |
| Woodward Capital Management    | Woodward Capital Management                                      | CUSIP: 74940EAA5<br>LEI: 254900JZ559190WVJ551 | Long             | ABS-MBS          | CORP              | US        |     98867 | PA      | $97778.58     | 0.12%             | 2056-02-25      | Variable      | 4.76%                 | Yes           | 2                  | On Loan: No      |
| Woodward Capital Management    | Woodward Capital Management                                      | CUSIP: 749427AA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     87928 | PA      | $88356.54     | 0.11%             | 2045-01-25      | Variable      | 5.65%                 | Yes           | 2                  | On Loan: No      |
| RTX Corp                       | RTX Corp.                                                        | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      4237 | NS      | $817317.30    | 1.04%             |  |  |  | No            | 1                  | On Loan: No      |
| REGIONS FINANCIAL CORP         | Regions Financial Corp.                                          | CUSIP: 7591EPAT7<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |    225000 | PA      | $211175.89    | 0.27%             | 2028-08-12      | Fixed         | 1.80%                 | No            | 2                  | On Loan: No      |
| Space Coast Credit Union       | Space Coast Credit Union Auto Receivables Trust                  | CUSIP: 78436RAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    248542 | PA      | $249687.05    | 0.32%             | 2029-06-15      | Fixed         | 5.11%                 | Yes           | 2                  | On Loan: No      |
| SLM Student Loan Trust         | SLM Student Loan Trust                                           | CUSIP: 78445AAD8<br>LEI: 549300EQOYJZL2D96G46 | Long             | ABS-MBS          | CORP              | US        |     43338 | PA      | $43431.66     | 0.06%             | 2029-04-15      | Floating      | 5.80%                 | No            | 2                  | On Loan: No      |
| Space Coast Credit Union       | Space Coast Credit Union                                         | CUSIP: 80620BAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99605.63     | 0.13%             | 2031-12-15      | Fixed         | 4.78%                 | Yes           | 2                  | On Loan: No      |
| Charles Schwab Corp/The        | The Charles Schwab Corp.                                         | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |      5650 | NS      | $530987.00    | 0.68%             |  |  |  | No            | 1                  | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM TRU | SoFi Consumer Loan Program Trust                                 | CUSIP: 83390JAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    135000 | PA      | $134682.08    | 0.17%             | 2034-08-15      | Fixed         | 4.67%                 | Yes           | 2                  | On Loan: No      |
| Social Professional Loan Progr | SoFi Professional Loan Program Trust                             | CUSIP: 83405NAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    112037 | PA      | $100485.42    | 0.13%             | 2047-02-15      | Fixed         | 1.14%                 | Yes           | 2                  | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM TRU | SoFi Consumer Loan Program Trust                                 | CUSIP: 83406YAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $201776.36    | 0.26%             | 2034-02-27      | Fixed         | 5.12%                 | Yes           | 2                  | On Loan: No      |
| Southern Co/The                | The Southern Co.                                                 | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |      4475 | NS      | $431927.00    | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| Sun Communities Inc            | Sun Communities, Inc.                                            | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |      2710 | NS      | $341351.60    | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Sutherland Commercial Mortgage | Sutherland Commercial Mortgage Trust                             | CUSIP: 86935CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     45789 | PA      | $43711.80     | 0.06%             | 2041-04-25      | Variable      | 2.86%                 | Yes           | 2                  | On Loan: No      |
| T-Mobile US Inc                | T-Mobile US, Inc.                                                | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      1305 | NS      | $274089.15    | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| TPG Real Estate Finance        | TRTX Issuer, Ltd.                                                | CUSIP: 87277JAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |     50959 | PA      | $50950.99     | 0.06%             | 2039-02-15      | Floating      | 5.33%                 | Yes           | 2                  | On Loan: No      |
| Tesla Inc                      | Tesla, Inc.                                                      | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      2120 | NS      | $788110.00    | 1.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Texas Roadhouse Inc            | Texas Roadhouse, Inc.                                            | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |      1715 | NS      | $283215.10    | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Thermo Fisher Scientific Inc   | Thermo Fisher Scientific, Inc.                                   | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |       865 | NS      | $425173.45    | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| Towd Point Mortgage Trust      | Towd Point Mortgage Trust                                        | CUSIP: 89179YAR4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     76742 | PA      | $71768.30     | 0.09%             | 2061-11-25      | Variable      | 2.25%                 | Yes           | 2                  | On Loan: No      |
| Tricon American Homes          | Tricon American Homes Trust                                      | CUSIP: 89613JAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    108225 | PA      | $103091.72    | 0.13%             | 2039-11-17      | Fixed         | 1.48%                 | Yes           | 2                  | On Loan: No      |
| Tricon Residential             | Tricon Residential Trust                                         | CUSIP: 89616QAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    129027 | PA      | $127835.52    | 0.16%             | 2039-04-17      | Fixed         | 3.86%                 | Yes           | 2                  | On Loan: No      |
| Truist Bank Auto Credit-Linked | Truist Bank Auto Credit-Linked Notes                             | CUSIP: 897926CB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    155777 | PA      | $155729.72    | 0.20%             | 2033-09-26      | Fixed         | 4.73%                 | Yes           | 2                  | On Loan: No      |
| UFP Technologies Inc           | UFP Technologies, Inc.                                           | CUSIP: 902673102<br>LEI: 549300RJ8LY41HS70C91 | Long             | EC               | CORP              | US        |      1225 | NS      | $237160.00    | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| UBS Commercial Mortgage Trust  | UBS Commercial Mortgage Trust                                    | CUSIP: 90278PAY6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    108414 | PA      | $106011.16    | 0.13%             | 2052-12-15      | Fixed         | 2.99%                 | No            | 2                  | On Loan: No      |
| UNION PACIFIC CORP             | Union Pacific Corp.                                              | CUSIP: 907818EY0<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    175000 | PA      | $174027.01    | 0.22%             | 2028-09-10      | Fixed         | 3.95%                 | No            | 2                  | On Loan: No      |
| US BANCORP                     | U.S. Bancorp                                                     | CUSIP: 91159HJL5<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    210000 | PA      | $207538.19    | 0.26%             | 2034-02-01      | Variable      | 4.84%                 | No            | 2                  | On Loan: No      |
| TSY INFL IX N/B                | U.S. Treasury Inflation Indexed Bond                             | CUSIP: 912810PV4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    185000 | PA      | $291306.85    | 0.37%             | 2028-01-15      | Fixed         | 1.75%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                | U.S. Treasury Note                                               | CUSIP: 912828V98<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    100000 | PA      | $98702.03     | 0.13%             | 2027-02-15      | Fixed         | 2.25%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                | U.S. Treasury Note/Bond                                          | CUSIP: 912828Z94<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3375000 | PA      | $3088388.66   | 3.93%             | 2030-02-15      | Fixed         | 1.50%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                | U.S. Treasury Note/Bond                                          | CUSIP: 91282CDY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3760000 | PA      | $3334209.37   | 4.24%             | 2032-02-15      | Fixed         | 1.88%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                | U.S. Treasury Note/Bond                                          | CUSIP: 91282CHT1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2095000 | PA      | $2056618.95   | 2.62%             | 2033-08-15      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                | U.S. Treasury Note/Bond                                          | CUSIP: 91282CKD2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1180000 | PA      | $1193551.57   | 1.52%             | 2029-02-28      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                | U.S. Treasury Note/Bond                                          | CUSIP: 91282CLW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1055000 | PA      | $1054711.52   | 1.34%             | 2034-11-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                | U.S. Treasury Note/Bond                                          | CUSIP: 91282CNT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    495000 | PA      | $493143.75    | 0.63%             | 2035-08-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| United Therapeutics Corp       | United Therapeutics Corp.                                        | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |       730 | NS      | $432875.40    | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| Vantage Data Centers LLC       | Vantage Data Centers, LLC                                        | CUSIP: 92212KAH9<br>LEI: 5493000RL8X7WTQ7HO20 | Long             | ABS-CBDO         | CORP              | US        |    110000 | PA      | $107618.32    | 0.14%             | 2055-08-15      | Fixed         | 5.13%                 | Yes           | 2                  | On Loan: No      |
| Velocity Commercial Capital Lo | Velocity Commercial Capital Loan Trust                           | CUSIP: 92259TAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     67798 | PA      | $58764.98     | 0.07%             | 2051-05-25      | Variable      | 1.40%                 | Yes           | 2                  | On Loan: No      |
| VERIZON COMMUNICATIONS         | Verizon Communications, Inc.                                     | CUSIP: 92343VGY4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    319000 | PA      | $308756.89    | 0.39%             | 2035-02-15      | Fixed         | 4.78%                 | No            | 2                  | On Loan: No      |
| WSTN Trust                     | WSTN Trust                                                       | CUSIP: 92943AAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    220000 | PA      | $222250.14    | 0.28%             | 2037-07-05      | Variable      | 6.30%                 | Yes           | 2                  | On Loan: No      |
| Walmart Inc                    | Walmart, Inc.                                                    | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      5605 | NS      | $696589.40    | 0.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Waste Management Inc           | Waste Management, Inc.                                           | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |      2290 | NS      | $526219.10    | 0.67%             |  |  |  | No            | 1                  | On Loan: No      |
| WASTE MANAGEMENT INC           | Waste Management, Inc.                                           | CUSIP: 94106LBP3<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    285000 | PA      | $247632.83    | 0.32%             | 2031-03-15      | Fixed         | 1.50%                 | No            | 2                  | On Loan: No      |
| Wells Fargo & Co               | Wells Fargo & Co.                                                | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |      7280 | NS      | $579560.80    | 0.74%             |  |  |  | No            | 1                  | On Loan: No      |
| WELLS FARGO & COMPANY          | Wells Fargo & Co.                                                | CUSIP: 95000U2J1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    165000 | PA      | $152621.47    | 0.19%             | 2031-02-11      | Variable      | 2.57%                 | No            | 2                  | On Loan: No      |
| WELLS FARGO & COMPANY          | Wells Fargo & Co.                                                | CUSIP: 95000U3N1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    145000 | PA      | $144358.71    | 0.18%             | 2035-12-03      | Variable      | 5.21%                 | No            | 2                  | On Loan: No      |
| Wells Fargo Commercial Mortgag | Wells Fargo Commercial Mortgage Trust                            | CUSIP: 95003PAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    275000 | PA      | $276171.91    | 0.35%             | 2035-07-15      | Variable      | 4.95%                 | Yes           | 2                  | On Loan: No      |
| Wells Fargo Commercial Mortgag | Wells Fargo Commercial Mortgage Trust                            | CUSIP: 95004JAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    145000 | PA      | $151713.12    | 0.19%             | 2058-01-15      | Fixed         | 6.10%                 | No            | 2                  | On Loan: No      |
| Wells Fargo Commercial Mortgag | Wells Fargo Commercial Mortgage Trust                            | CUSIP: 95005BAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $198148.84    | 0.25%             | 2059-03-15      | Fixed         | 4.55%                 | No            | 2                  | On Loan: No      |
| Wingspire Equipment Finance LL | Wingspire Equipment Finance, LLC                                 | CUSIP: 97415AAB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     66460 | PA      | $66749.09     | 0.08%             | 2032-09-20      | Fixed         | 4.99%                 | Yes           | 2                  | On Loan: No      |
| Linde PLC                      | Linde PLC                                                        | CUSIP: G54950103<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |       930 | NS      | $461056.80    | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| nVent Electric PLC             | nVent Electric PLC                                               | CUSIP: G6700G107<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |      3300 | NS      | $390324.00    | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| SharkNinja Inc                 | SharkNinja, Inc.                                                 | CUSIP: G8068L108<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      2570 | NS      | $272163.00    | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Chubb Ltd                      | Chubb, Ltd.                                                      | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |      1705 | NS      | $555710.65    | 0.71%             |  |  |  | No            | 1                  | On Loan: No      |
| Royal Caribbean Cruises Ltd    | Royal Caribbean Cruises, Ltd.                                    | CUSIP: V7780T103<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | LR        |      1185 | NS      | $326088.30    | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2026-05-27

**Name of Applicant:** Tributary Funds, Inc.

**Signature:** /s/ Karen Shaw

**Name of Signer:** Karen Shaw

**Title:** Treasurer