# EDGAR Filing Document

**Accession Number:** 0001738078
**File Stem:** 0001752724-25-210374
**Filing Date:** 2025-8
**Character Count:** 127841
**Document Hash:** 0ae6941bb66ae027f031b84d17f76eb4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-210374.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001752724-25-210374

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock Funds V
- **CENTRAL INDEX KEY:** 0001738078

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23339
- **FILM NUMBER:** 251268871

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 800-441-7762

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

## Series and Classes Contracts Data

### BlackRock Inflation Protected Bond Portfolio (Series ID: S000062365)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000202308 | Investor A Shares    |  |
| C000202309 | Investor C Shares    |  |
| C000202310 | Institutional Shares |  |
| C000202311 | Class K Shares       |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BlackRock Funds V

- **b. Investment Company Act file number:** 811-23339

- **c. CIK number of Registrant:** 0001738078

- **d. LEI of Registrant:** 54930077DSFQPJDWM487

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

  - **Street Address 1:** 100 Bellevue Parkway

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

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

- **a. Name of Series:** BlackRock Inflation Protected Bond Portfolio

- **b. EDGAR series identifier (if any):** S000062365

- **c. LEI of Series:** 7C48ZH5S2PWOI6S4EV85

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

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

- **b. Date as of which information is reported:** 2025-06-30

**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:** $2354611796.09

**Total Liabilities:** $537828623.37

**Net Assets:** $1816783172.72

**Amount of Assets Invested in Other Investment Companies:** $6413089.21

**Cash Not Reported:** $27238036.86

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 13410.14000000 | **1-Year:** 1486.23000000 | **5-Year:** 91796.46000000 | **10-Year:** 33585.79000000 | **30-Year:** 40195.05000000

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

- **3-Month:** 78438.97000000 | **1-Year:** -7817.27000000 | **5-Year:** 23704.02000000 | **10-Year:** -660.42000000 | **30-Year:** -44010.43000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000202311 | 0.03%                | -0.39%               | 1.12%                |
| Class ID C000202310 | 0.03%                | -0.39%               | 1.00%                |
| Class ID C000202309 | -0.09%               | -0.53%               | 1.08%                |
| Class ID C000202308 | -0.01%               | -0.43%               | 1.00%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2197803.25             | $-4227356.43                               |
| Month 2  | $-636125.07              | $-18834497.14                              |
| Month 3  | $-2300008.90             | $16827277.15                               |

**Designated Index Information**

- **Index Name:** Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) Index (Series L)

- **Index Identifier:** LBUTTRUU

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810FD5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   17204012 | PA      | $18293656.23  | 1.01%             | 2028-04-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810PS1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   23080047 | PA      | $23466581.13  | 1.29%             | 2027-01-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                                                                | AMSR Trust, Series 2020-SFR5, Class E2                                            | CUSIP: 03217JAF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3000000 | PA      | $2964831.90   | 0.16%             | 2037-11-17      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association or Federal Home Loan Mortgage Corp. | Uniform Mortgage-Backed Securities                                                | CUSIP: 01F052672<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   99695000 | PA      | $99672191.78  | 5.49%             | 2055-07-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                            | BNP Paribas SA                                                                    | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Short            | RA               | CORP              | FR        |  -27626250 | PA      | $-27626250.00 | -1.52%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $9012.91      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| KWG Group Holdings Ltd.                                                   | KWG Group Holdings Ltd.                                                           | CUSIP: N/A<br>LEI: 549300LK82ZOM9ZE7H90       | Long             | DBT              | CORP              | KY        |     545000 | PA      | $35425.00     | 0.00%             | 2025-08-10      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810RF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   30171784 | PA      | $25325210.98  | 1.39%             | 2044-02-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Sunac China Holdings Ltd.                                                 | Sunac China Holdings Ltd.                                                         | CUSIP: N/A<br>LEI: 549300OLARYHDXP3WK18       | Long             | DBT              | CORP              | KY        |      51245 | PA      | $6213.46      | 0.00%             | 2026-09-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MVM Energetika Zrt.                                                       | MVM Energetika Zrt.                                                               | CUSIP: N/A<br>LEI: 529900ELI5AQ9F74PF85       | Long             | DBT              | NUSS              | HU        |     812000 | PA      | $840927.50    | 0.05%             | 2031-03-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                                | Progress Residential Trust, Series 2021-SFR11, Class E2                           | CUSIP: 74333XAL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4000000 | PA      | $3770530.40   | 0.21%             | 2039-01-17      | Fixed         | 3.53%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CEZ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   79298670 | PA      | $73963841.85  | 4.07%             | 2032-07-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | 3 Month Euro Euribor                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |         -3 | NC      | $445.77       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunac China Holdings Ltd.                                                 | Sunac China Holdings Ltd.                                                         | CUSIP: N/A<br>LEI: 549300OLARYHDXP3WK18       | Long             | EC               | CORP              | KY        |      23520 | NS      | $4301.65      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FRTKL                                                                     | FRTKL, Series 2021-SFR1, Class E2                                                 | CUSIP: 30322DAU3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4000000 | PA      | $3821591.20   | 0.21%             | 2038-09-17      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CCM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   61604443 | PA      | $56687587.88  | 3.12%             | 2031-07-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    1746436 | PA      | $1724.18      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 9128283R9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   52447774 | PA      | $51471635.28  | 2.83%             | 2028-01-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810TE8<br>LEI: 254900HROIFWPRGM1V77 | Short            | DBT              | UST               | US        |  -47195723 | PA      | $-25177205.91 | -1.39%            | 2052-02-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Euro-BTP                                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |         -6 | NC      | $22.57        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Mortgage Trust                                                 | Commercial Mortgage Trust, Series 2024-WCL1, Class A                              | CUSIP: 20047DAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     870000 | PA      | $869727.78    | 0.05%             | 2041-06-15      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                          | Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 2018-K83, Class B    | CUSIP: 302958AN3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2000000 | PA      | $1958639.00   | 0.11%             | 2051-11-25      | Variable      | 4.42%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                                                                | AMSR Trust, Series 2021-SFR1, Class E2                                            | CUSIP: 00179DAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3700000 | PA      | $3444949.38   | 0.19%             | 2038-06-17      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 912828Y38<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   44770195 | PA      | $44223810.05  | 2.43%             | 2028-07-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                                     | United Mexican States                                                             | CUSIP: 91087BAV2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    4653000 | PA      | $4757692.50   | 0.26%             | 2035-02-09      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |   26520000 | PA      | $30992.25     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | Australia 10-Year Bond                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | AU        |        -32 | NC      | $-24526.41    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    3851000 | PA      | $-4425.79     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Securities (USA), Inc.                                               | HSBC Securities (USA), Inc.                                                       | CUSIP: N/A<br>LEI: CYYGQCGNHMHPSMRL3R97       | Short            | RA               | CORP              | US        |  -58781250 | PA      | $-58781250.00 | -3.24%            |  |  |  | No            |                  2 | On Loan: No      |
| Sunac China Holdings Ltd.                                                 | Sunac China Holdings Ltd.                                                         | CUSIP: N/A<br>LEI: 549300OLARYHDXP3WK18       | Long             | DBT              | CORP              | KY        |     102987 | PA      | $12487.17     | 0.00%             | 2027-09-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Vale Overseas Ltd.                                                        | Vale Overseas Ltd.                                                                | CUSIP: 91911TAS2<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |     856000 | PA      | $836748.56    | 0.05%             | 2054-06-28      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2300500 | PA      | $4216.55      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                                              | BX Commercial Mortgage Trust, Series 2024-AIRC, Class A                           | CUSIP: 12433CAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     766868 | PA      | $769744.18    | 0.04%             | 2039-08-15      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-14575.59    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810TP3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   23859272 | PA      | $18886812.75  | 1.04%             | 2053-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | CDI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |   38124492 | PA      | $963796.12    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        | 5346956753 | PA      | $-82073.96    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | 3 Month SOFR Interest Futures                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       1118 | NC      | $185791.35    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | U.S. Treasury Ultra Bond                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -270 | NC      | $-831123.79   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | U.S. Treasury 2-Year Note                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       1724 | NC      | $1290781.88   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Suzano Austria GmbH                                                       | Suzano Austria GmbH, Series DM3N                                                  | CUSIP: 86964WAK8<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |     703000 | PA      | $616878.99    | 0.03%             | 2032-01-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| HSBC Securities (USA), Inc.                                               | HSBC Securities (USA), Inc.                                                       | CUSIP: N/A<br>LEI: CYYGQCGNHMHPSMRL3R97       | Short            | RA               | CORP              | US        |   -6367500 | PA      | $-6367500.00  | -0.35%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        | 2289735849 | PA      | $20491.80     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Champion Path Holdings Ltd.                                               | Champion Path Holdings Ltd.                                                       | CUSIP: N/A<br>LEI: 549300QWJFPV5413KI88       | Long             | DBT              | CORP              | VG        |     545000 | PA      | $523200.00    | 0.03%             | 2028-01-27      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        | -101114000 | PA      | $-20455.39    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |   34558000 | PA      | $-66895.21    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |     698000 | PA      | $-88136.31    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Powerlong Real Estate Holdings Ltd.                                       | Powerlong Real Estate Holdings Ltd.                                               | CUSIP: N/A<br>LEI: 549300R3K12EPXCGDP22       | Long             | DBT              | CORP              | KY        |     345000 | PA      | $25530.00     | 0.00%             | 2024-08-10      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $5651.02      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810RR1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   16903192 | PA      | $12803131.62  | 0.70%             | 2046-02-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810FH6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   25067556 | PA      | $27366488.21  | 1.51%             | 2029-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                                | Progress Residential Trust, Series 2022-SFR1, Class E2                            | CUSIP: 74333YAL2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4000000 | PA      | $3739601.20   | 0.21%             | 2041-02-17      | Fixed         | 3.99%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                          | Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 2019-K94, Class B    | CUSIP: 30310XAE9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2000000 | PA      | $1915880.60   | 0.11%             | 2052-07-25      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| DP World Ltd.                                                             | DP World Ltd.                                                                     | CUSIP: N/A<br>LEI: 549300M3U2DNF4QVSS04       | Long             | DBT              | CORP              | AE        |     760000 | PA      | $829112.50    | 0.05%             | 2037-07-02      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                                | Progress Residential Trust, Series 2021-SFR4, Class E2                            | CUSIP: 74333EAF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3455000 | PA      | $3389030.23   | 0.19%             | 2038-05-17      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Canada 10-Year Bonds                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | CA        |        -10 | NC      | $-5399.05     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| United Mexican States                                                     | United Mexican States                                                             | CUSIP: 91087BBC3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    2880000 | PA      | $3002400.00   | 0.17%             | 2037-05-13      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    2235000 | PA      | $165562.73    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CEJ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   56509048 | PA      | $55325763.70  | 3.05%             | 2027-04-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | 3 Month SOFR Interest Futures                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        172 | NC      | $91877.76     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | EUR/USD One-touch barrier option; Barrier price EUR 1.00000                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |     101000 | PA      | $2.25         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                                              | BX Commercial Mortgage Trust, Series 2024-KING, Class A                           | CUSIP: 05612RAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1974012 | PA      | $1974012.50   | 0.11%             | 2034-05-15      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810QP6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   17374942 | PA      | $17003435.37  | 0.94%             | 2041-02-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CKL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   59806678 | PA      | $61414330.65  | 3.38%             | 2029-04-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |     526449 | PA      | $452.83       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CGW5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   57343382 | PA      | $57235475.59  | 3.15%             | 2028-04-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Yuzhou Group Holdings Co. Ltd.                                            | Yuzhou Group Holdings Co. Ltd.                                                    | CUSIP: N/A<br>LEI: 213800MP59KHGJSPHE82       | Long             | DBT              | CORP              | KY        |     345000 | PA      | $24150.00     | 0.00%             | 2027-01-13      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Notes                                                               | CUSIP: 91282CNC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   13766000 | PA      | $13787509.38  | 0.76%             | 2035-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    4661000 | PA      | $-17225.65    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CHP9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   64970553 | PA      | $63091775.74  | 3.47%             | 2033-07-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  692779000 | PA      | $35596.64     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Federal Republic of Germany                                               | Federal Republic of Germany                                                       | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |    3748000 | PA      | $3923015.65   | 0.22%             | 2054-08-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | U.S. Treasury Long Bond                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -150 | NC      | $-573562.15   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    3633000 | PA      | $199901.64    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CEZ0<br>LEI: 254900HROIFWPRGM1V77 | Short            | DBT              | UST               | US        |   -9936900 | PA      | $-9268393.76  | -0.51%            | 2032-07-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                          | Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 2018-K73, Class B    | CUSIP: 35708YAS5<br>LEI: 549300KQ08QVSM4XK212 | Long             | ABS-MBS          | USGSE             | US        |    1350000 | PA      | $1323343.44   | 0.07%             | 2051-02-25      | Variable      | 3.98%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $24.03        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                     | Wells Fargo Commercial Mortgage Trust, Series 2024-1CHI, Class A                  | CUSIP: 95003PAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     293000 | PA      | $294756.42    | 0.02%             | 2035-07-15      | Variable      | 5.48%                 | No            |                  2 | On Loan: No      |
| Japan                                                                     | Japan Government Bond                                                             | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |  712050000 | PA      | $4439230.37   | 0.24%             | 2054-12-20      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp Investments, Inc.                                            | U.S. Bancorp Investments, Inc.                                                    | CUSIP: N/A<br>LEI: H85Z6XZP8B10ES0M2G89       | Short            | RA               | CORP              | US        |  -32560000 | PA      | $-32560000.00 | -1.79%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $19509.81     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Melco Resorts Finance Ltd.                                                | Melco Resorts Finance Ltd.                                                        | CUSIP: N/A<br>LEI: 5493000FQDBWKDBZEF60       | Long             | DBT              | CORP              | KY        |     545000 | PA      | $543637.50    | 0.03%             | 2027-07-17      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| United Kingdom of Great Britain and Northern Ireland                      | U.K. Treasury Bonds                                                               | CUSIP: N/A<br>LEI: ECTRVYYCEF89VWYS6K36       | Long             | DBT              | NUSS              | GB        |    3043453 | PA      | $3618633.45   | 0.20%             | 2054-07-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                                              | BX Commercial Mortgage Trust, Series 2020-VIV3, Class B                           | CUSIP: 05608EAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     130000 | PA      | $120884.15    | 0.01%             | 2044-03-09      | Variable      | 3.66%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $39743.34     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ELM Trust                                                                 | ELM Trust, Series 2024-ELM, Class A10                                             | CUSIP: 26860XAU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     700000 | PA      | $707384.23    | 0.04%             | 2039-06-10      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        | 2263276679 | PA      | $20565.33     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Sunac China Holdings Ltd.                                                 | Sunac China Holdings Ltd.                                                         | CUSIP: N/A<br>LEI: 549300OLARYHDXP3WK18       | Long             | DBT              | CORP              | KY        |      51369 | PA      | $6228.49      | 0.00%             | 2027-09-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HONO Mortgage Trust                                                       | HONO Mortgage Trust, Series 2021-LULU, Class A                                    | CUSIP: 40390MAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     430000 | PA      | $426775.00    | 0.02%             | 2036-10-15      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | 3 Month SOFR                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -756 | NC      | $-85050.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810SB5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   15074713 | PA      | $11081256.69  | 0.61%             | 2048-02-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        | 2358500619 | PA      | $-32809.99    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                                              | BX Commercial Mortgage Trust, Series 2020-VIV2, Class C                           | CUSIP: 05605NAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     950000 | PA      | $874108.97    | 0.05%             | 2044-03-09      | Variable      | 3.66%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2875000 | PA      | $4296.32      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    4446750 | PA      | $332151.02    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    4720000 | PA      | $848.87       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    1440000 | PA      | $-13078.79    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    5826000 | PA      | $-44263.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                          | Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 5513, Class FD       | CUSIP: 3137HKE75<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5285295 | PA      | $5296192.59   | 0.29%             | 2055-01-25      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                          | Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 2018-W5FX, Class CFX | CUSIP: 30307MAN8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     696000 | PA      | $642387.05    | 0.04%             | 2028-04-25      | Variable      | 3.79%                 | No            |                  2 | On Loan: No      |
| Federative Republic of Brazil                                             | Federative Republic of Brazil                                                     | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |      14100 | PA      | $2381342.49   | 0.13%             | 2029-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| State of Israel                                                           | State of Israel Government Bond                                                   | CUSIP: 46514BRM1<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    1080000 | PA      | $1001025.00   | 0.06%             | 2054-03-12      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Euro-Bobl                                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |        146 | NC      | $-24199.99    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810RW0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   21130146 | PA      | $15302988.44  | 0.84%             | 2047-02-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    3851000 | PA      | $-2613.99     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |     120000 | PA      | $2355.13      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810FQ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    9135902 | PA      | $10168866.18  | 0.56%             | 2032-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2674250 | PA      | $3309.87      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ELM Trust                                                                 | ELM Trust, Series 2024-ELM, Class A15                                             | CUSIP: 26860XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     700000 | PA      | $705292.91    | 0.04%             | 2039-06-10      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| PGA Trust                                                                 | PGA Trust, Series 2024-RSR2, Class A                                              | CUSIP: 69381CAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1000000 | PA      | $1001599.80   | 0.06%             | 2039-06-15      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Raizen Fuels Finance SA                                                   | Raizen Fuels Finance SA                                                           | CUSIP: 75102XAF3<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |     562000 | PA      | $556380.00    | 0.03%             | 2032-07-08      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2913000 | PA      | $-17092.43    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Tricon American Homes Trust                                               | Tricon American Homes Trust, Series 2020-SFR2, Class E2                           | CUSIP: 89613JAL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4000000 | PA      | $3800886.40   | 0.21%             | 2039-11-17      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| DBSG Mortgage Trust                                                       | DBSG Mortgage Trust, Series 2024-ALTA, Class A                                    | CUSIP: 239918AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     345000 | PA      | $351070.59    | 0.02%             | 2037-06-10      | Variable      | 6.14%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Bonds                                                               | CUSIP: 912810SF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    4730000 | PA      | $3485049.24   | 0.19%             | 2049-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810TY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   23298845 | PA      | $21306874.50  | 1.17%             | 2054-02-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| ORLEN SA                                                                  | ORLEN SA                                                                          | CUSIP: N/A<br>LEI: 259400VVMM70CQREJT74       | Long             | DBT              | CORP              | PL        |     817000 | PA      | $837833.50    | 0.05%             | 2035-01-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Minejesa Capital BV                                                       | Minejesa Capital BV                                                               | CUSIP: N/A<br>LEI: 549300KS7ERCP10BKC35       | Long             | DBT              | CORP              | NL        |     877000 | PA      | $839179.38    | 0.05%             | 2037-08-10      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810PZ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   20123347 | PA      | $20937230.21  | 1.15%             | 2029-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USD Currency                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | GB        |   27325000 | PA      | $612087.74    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Capital, Inc.                                                    | Barclays Capital, Inc.                                                            | CUSIP: N/A<br>LEI: AC28XWWI3WIBK2824319       | Short            | RA               | CORP              | US        |  -13065000 | PA      | $-13065000.00 | -0.72%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Securities (USA), Inc.                                               | HSBC Securities (USA), Inc.                                                       | CUSIP: N/A<br>LEI: CYYGQCGNHMHPSMRL3R97       | Short            | RA               | CORP              | US        |  -52875000 | PA      | $-52875000.00 | -2.91%            |  |  |  | No            |                  2 | On Loan: No      |
| Home Partners of America Trust                                            | Home Partners of America Trust, Series 2021-3, Class E2                           | CUSIP: 43730XAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3605635 | PA      | $3268243.87   | 0.18%             | 2041-01-17      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                                               | Extended Stay America Trust, Series 2021-ESH, Class B                             | CUSIP: 30227FAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2573183 | PA      | $2573987.22   | 0.14%             | 2038-07-15      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| CSMC Trust                                                                | CSMC Trust, Series 2022-NQM5, Class A1                                            | CUSIP: 12663DAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2459370 | PA      | $2450173.42   | 0.13%             | 2067-05-25      | Variable      | 5.17%                 | No            |                  2 | On Loan: No      |
| Blackstone Mortgage Trust, Inc.                                           | Blackstone Mortgage Trust, Inc., Class A                                          | CUSIP: 09257W100<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | EC               | CORP              | US        |      20000 | NS      | $385000.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810QF8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   11625739 | PA      | $11473942.96  | 0.63%             | 2040-02-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Euro-Bund                                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |          5 | NC      | $-3048.82     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | U.S. Treasury 10-Year Note                                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -439 | NC      | $-470259.90   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Trust Fibra Uno                                                           | Trust Fibra Uno                                                                   | CUSIP: N/A<br>LEI: 54930011BLQ0JPRBAL73       | Long             | DBT              | CORP              | MX        |     797000 | PA      | $830623.44    | 0.05%             | 2032-01-23      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| HILT Commercial Mortgage Trust                                            | HILT Commercial Mortgage Trust, Series 2024-ORL, Class A                          | CUSIP: 403956AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     780000 | PA      | $780487.50    | 0.04%             | 2037-05-15      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| Kingdom of Belgium                                                        | Kingdom of Belgium                                                                | CUSIP: N/A<br>LEI: 549300SZ25JZFHRHWD76       | Long             | DBT              | NUSS              | BE        |    4491600 | PA      | $4711676.98   | 0.26%             | 2054-06-22      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CNB3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   33134820 | PA      | $33372874.46  | 1.84%             | 2030-04-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    4774000 | PA      | $354460.72    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Tricon American Homes                                                     | Tricon American Homes Trust, Series 2020-SFR1, Class E                            | CUSIP: 89613GAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2000000 | PA      | $1961238.00   | 0.11%             | 2038-07-17      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |     830000 | PA      | $-12828.25    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Mill City Solar Loan Ltd.                                                 | Mill City Solar Loan Ltd., Series 2019-1A, Class A                                | CUSIP: 59982WAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |     781760 | PA      | $715405.76    | 0.04%             | 2043-03-20      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | HICPXT                                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2175000 | PA      | $-20964.56    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association or Federal Home Loan Mortgage Corp. | Uniform Mortgage-Backed Securities                                                | CUSIP: 01F050676<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   20235000 | PA      | $19828279.74  | 1.09%             | 2055-07-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |     640000 | PA      | $-65856.34    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Sunac China Holdings Ltd.                                                 | Sunac China Holdings Ltd.                                                         | CUSIP: N/A<br>LEI: 549300OLARYHDXP3WK18       | Long             | DBT              | CORP              | KY        |     155230 | PA      | $18821.64     | 0.00%             | 2029-09-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                          | Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 2020-K737, Class B   | CUSIP: 30300SAS1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     932000 | PA      | $913529.53    | 0.05%             | 2053-01-25      | Variable      | 3.44%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2913000 | PA      | $-17018.36    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CDC2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   55672005 | PA      | $55033042.15  | 3.03%             | 2026-10-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| JW Commercial Mortgage Trust                                              | JW Commercial Mortgage Trust, Series 2024-MRCO, Class A                           | CUSIP: 46657XAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     830000 | PA      | $830517.42    | 0.05%             | 2039-06-15      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CFR7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   58207488 | PA      | $58931995.51  | 3.24%             | 2027-10-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                                | Progress Residential Trust, Series 2022-SFR2, Class E2                            | CUSIP: 74332VAL9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3000000 | PA      | $2913098.70   | 0.16%             | 2027-04-17      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| SG Residential Mortgage Trust                                             | SG Residential Mortgage Trust, Series 2021-1, Class A1                            | CUSIP: 784212AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3537859 | PA      | $2927723.46   | 0.16%             | 2061-07-25      | Variable      | 1.16%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    4661000 | PA      | $-36030.49    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810SV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   20961506 | PA      | $11408528.29  | 0.63%             | 2051-02-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Sunac China Holdings Ltd.                                                 | Sunac China Holdings Ltd.                                                         | CUSIP: N/A<br>LEI: 549300OLARYHDXP3WK18       | Long             | DBT              | CORP              | KY        |     154855 | PA      | $18776.17     | 0.00%             | 2028-09-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    5428727 | PA      | $6972.87      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    3109319 | PA      | $-12553.93    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2330000 | PA      | $-13620.74    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CLE9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   70153657 | PA      | $70207443.81  | 3.86%             | 2034-07-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Invitation Homes, Inc.                                                    | Invitation Homes, Inc.                                                            | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      15000 | NS      | $492000.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |     826000 | PA      | $66273.85     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $5748.91      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810PV4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   21721065 | PA      | $21997977.03  | 1.21%             | 2028-01-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Bonds                                                               | CUSIP: 912810UK2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   15845000 | PA      | $15755871.88  | 0.87%             | 2055-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HSBC Securities (USA), Inc.                                               | HSBC Securities (USA), Inc.                                                       | CUSIP: N/A<br>LEI: CYYGQCGNHMHPSMRL3R97       | Short            | RA               | CORP              | US        |  -11810700 | PA      | $-11810700.00 | -0.65%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810SM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   21296938 | PA      | $12361391.73  | 0.68%             | 2050-02-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| SG Residential Mortgage Trust                                             | SG Residential Mortgage Trust, Series 2022-2, Class A1                            | CUSIP: 78434KAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1210446 | PA      | $1208001.63   | 0.07%             | 2062-08-25      | Variable      | 5.35%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-332069.91   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    7702000 | PA      | $4759.47      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CML2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   78997298 | PA      | $80286063.36  | 4.42%             | 2035-01-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    5826000 | PA      | $-33666.41    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        | 1400110002 | PA      | $4938.78      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                                           | BRAVO Residential Funding Trust, Series 2023-NQM3, Class A1                       | CUSIP: 10568EAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2348355 | PA      | $2334184.38   | 0.13%             | 2062-09-25      | Variable      | 4.85%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    4025000 | PA      | $-22900.96    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | U.S. Treasury 5-Year Note                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -663 | NC      | $-254096.27   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| United Mexican States                                                     | United Mexican States                                                             | CUSIP: 91087BAR1<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    2779000 | PA      | $2345476.00   | 0.13%             | 2034-02-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 912828V49<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   45377115 | PA      | $44756808.40  | 2.46%             | 2027-01-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| AES Andes SA                                                              | AES Andes SA                                                                      | CUSIP: N/A<br>LEI: 549300IF4IFG0FS0RM26       | Long             | DBT              | CORP              | CL        |     400000 | PA      | $409382.00    | 0.02%             | 2029-03-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| HSBC Securities (USA), Inc.                                               | HSBC Securities (USA), Inc.                                                       | CUSIP: N/A<br>LEI: CYYGQCGNHMHPSMRL3R97       | Short            | RA               | CORP              | US        |  -23880000 | PA      | $-23880000.00 | -1.31%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810RA8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   22252244 | PA      | $16533201.96  | 0.91%             | 2043-02-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| Kaspi.KZ JSC                                                              | Kaspi.KZ JSC                                                                      | CUSIP: N/A<br>LEI: 2549003YU6FARG8OAZ13       | Long             | DBT              | CORP              | KZ        |     838000 | PA      | $842449.78    | 0.05%             | 2030-03-26      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Federative Republic of Brazil                                             | Federative Republic of Brazil                                                     | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |      44010 | PA      | $6679040.58   | 0.37%             | 2035-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |   34558000 | PA      | $69038.92     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SURA Asset Management SA                                                  | SURA Asset Management SA                                                          | CUSIP: 78486LAB8<br>LEI: 549300013ETMS1C0EA22 | Long             | DBT              | CORP              | CO        |     400000 | PA      | $420960.00    | 0.02%             | 2032-05-13      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                                | Progress Residential Trust, Series 2021-SFR4, Class F                             | CUSIP: 74333EAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1000000 | PA      | $980108.10    | 0.05%             | 2038-05-17      | Fixed         | 3.41%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 912828Z37<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   39301959 | PA      | $37089151.67  | 2.04%             | 2030-01-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                                              | BX Commercial Mortgage Trust, Series 2024-MDHS, Class A                           | CUSIP: 12433BAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1672913 | PA      | $1675004.49   | 0.09%             | 2041-05-15      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                                                | J.P. Morgan Mortgage Trust, Series 2023-DSC1, Class A1                            | CUSIP: 46656NAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1297943 | PA      | $1263045.75   | 0.07%             | 2063-07-25      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Australia 3-Year Bond                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | AU        |        -95 | NC      | $-23093.97    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Raizen Fuels Finance SA                                                   | Raizen Fuels Finance SA                                                           | CUSIP: N/A<br>LEI: 52990010NH26VC32Q522       | Long             | DBT              | CORP              | LU        |     287000 | PA      | $285714.24    | 0.02%             | 2034-03-05      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-2384.02     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                          | Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 5516, Class FC       | CUSIP: 3137HKBM5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   12476764 | PA      | $12507906.26  | 0.69%             | 2055-03-25      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-126009.76   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| BFLD Mortgage Trust                                                       | BFLD Mortgage Trust, Series 2024-VICT, Class A                                    | CUSIP: 05555VAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     585000 | PA      | $586462.50    | 0.03%             | 2041-07-15      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Greensaif Pipelines Bidco SARL                                            | Greensaif Pipelines Bidco SARL                                                    | CUSIP: N/A<br>LEI: 549300YWDGUXPB8GRP47       | Long             | DBT              | CORP              | LU        |     828000 | PA      | $835245.00    | 0.05%             | 2036-02-23      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| AREIT Ltd.                                                                | AREIT Ltd., Series 2024-CRE9, Class A                                             | CUSIP: 00193AAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    2367557 | PA      | $2374454.97   | 0.13%             | 2041-05-17      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                                               | Extended Stay America Trust, Series 2021-ESH, Class D                             | CUSIP: 30227FAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     436583 | PA      | $437129.15    | 0.02%             | 2038-07-15      | Floating      | 6.68%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association or Federal Home Loan Mortgage Corp. | Uniform Mortgage-Backed Securities                                                | CUSIP: 01F060675<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   78875000 | PA      | $80146689.01  | 4.41%             | 2055-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | 30-day Federal Funds                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         64 | NC      | $-953.57      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-89606.60    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    4446750 | PA      | $330966.54    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CDX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   65779816 | PA      | $59616913.28  | 3.28%             | 2032-01-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CGK1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   65228102 | PA      | $62327766.98  | 3.43%             | 2033-01-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                                                                | AMSR Trust, Series 2022-SFR1, Class E2                                            | CUSIP: 00179WAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4912000 | PA      | $4807346.40   | 0.26%             | 2039-03-17      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-27.72       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Japan                                                                     | Japan Government Bond                                                             | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |  463850000 | PA      | $2955684.87   | 0.16%             | 2055-03-20      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| PRKCM Trust                                                               | PRKCM Trust, Series 2022-AFC2, Class A1                                           | CUSIP: 69377TAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     682989 | PA      | $680601.85    | 0.04%             | 2057-08-25      | Variable      | 5.33%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810RL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   33170399 | PA      | $24206455.41  | 1.33%             | 2045-02-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CJY8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   68910612 | PA      | $68307313.97  | 3.76%             | 2034-01-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp Investments, Inc.                                            | U.S. Bancorp Investments, Inc.                                                    | CUSIP: N/A<br>LEI: H85Z6XZP8B10ES0M2G89       | Short            | RA               | CORP              | US        |  -63135000 | PA      | $-63135000.00 | -3.48%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    4661000 | PA      | $-27817.30    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810UH9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   12128277 | PA      | $11718746.91  | 0.65%             | 2055-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                                     | United Mexican States                                                             | CUSIP: 91087BAT7<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     400000 | PA      | $378032.00    | 0.02%             | 2033-05-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                                                 | BlackRock Liquidity Funds, T-Fund, Institutional Class                            | CUSIP: 09248U718<br>LEI: 5493002L9DNZ83RX7V61 | Long             | STIV             | RF                | US        |    7392244 | NS      | $7392244.29   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| HLTN Commercial Mortgage Trust                                            | HLTN Commercial Mortgage Trust, Series 2024-DPLO, Class A                         | CUSIP: 40424UAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     870000 | PA      | $870543.75    | 0.05%             | 2041-06-15      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| BAMLL Trust                                                               | BAMLL Trust, Series 2024-BHP, Class A                                             | CUSIP: 05493WAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     580000 | PA      | $582893.91    | 0.03%             | 2039-08-15      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                                                | Verus Securitization Trust, Series 2022-INV2, Class A1                            | CUSIP: 924923AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     876666 | PA      | $876288.19    | 0.05%             | 2067-10-25      | Variable      | 6.79%                 | No            |                  2 | On Loan: No      |
| Tricon Residential Trust                                                  | Tricon Residential Trust, Series 2021-SFR1, Class E2                              | CUSIP: 89614YAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3500000 | PA      | $3396358.35   | 0.19%             | 2038-07-17      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                          | Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 2019-K91, Class B    | CUSIP: 30309JAE3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2000000 | PA      | $1950723.60   | 0.11%             | 2051-04-25      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-182866.34   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Italy                                                         | Buoni Poliennali del Tesoro                                                       | CUSIP: N/A<br>LEI: 815600DE60799F5A9309       | Long             | DBT              | NUSS              | IT        |   10880000 | PA      | $13049554.01  | 0.72%             | 2035-08-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  699949998 | PA      | $16622.29     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CJH5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   58313797 | PA      | $60487583.24  | 3.33%             | 2028-10-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Long Gilt                                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |         -1 | NC      | $300.17       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    6120000 | PA      | $-4543.33     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | U.S. Treasury 10-Year Ultra Note                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      -2114 | NC      | $-5188403.33  | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| China Aoyuan Group Ltd.                                                   | China Aoyuan Group Ltd.                                                           | CUSIP: N/A<br>LEI: 549300YSOKQO5QD6MP25       | Long             | DBT              | CORP              | KY        |     545000 | PA      | $8175.00      | 0.00%             | 2026-03-24      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | FCPIX                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2175000 | PA      | $18411.08     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810SG4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   10503407 | PA      | $7616668.51   | 0.42%             | 2049-02-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Fantasia Holdings Group Co. Ltd.                                          | Fantasia Holdings Group Co. Ltd.                                                  | CUSIP: N/A<br>LEI: 5493005JQNLB3I01JW62       | Long             | DBT              | CORP              | KY        |     345000 | PA      | $9487.50      | 0.00%             | 2025-01-09      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CLV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   63637814 | PA      | $64418843.64  | 3.55%             | 2029-10-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |   26520000 | PA      | $-25223.09    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-89606.62    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                          | Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 2018-K82, Class B    | CUSIP: 30297LAE2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2043000 | PA      | $2000215.49   | 0.11%             | 2028-09-25      | Variable      | 4.27%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 912828S50<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   50131754 | PA      | $49697804.30  | 2.74%             | 2026-07-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                          | Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 2017-K65, Class B    | CUSIP: 30302XAE9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2000000 | PA      | $1976748.80   | 0.11%             | 2050-07-25      | Variable      | 4.22%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-15581.55    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Prosus NV                                                                 | Prosus NV                                                                         | CUSIP: N/A<br>LEI: 635400Z5LQ5F9OLVT688       | Long             | DBT              | CORP              | NL        |     898000 | PA      | $838507.50    | 0.05%             | 2032-01-19      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| Orbia Advance Corp. SAB de CV                                             | Orbia Advance Corp. SAB de CV                                                     | CUSIP: 68560EAC2<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |     829000 | PA      | $849310.50    | 0.05%             | 2030-05-13      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| European Union                                                            | European Union                                                                    | CUSIP: N/A<br>LEI: 529900FZRK8FGMPEOM08       | Long             | DBT              | NUSS              | BE        |    1680000 | PA      | $1538210.84   | 0.08%             | 2052-10-04      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    1746436 | PA      | $-2281.86     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NYC Trust                                                                 | NYC Trust, Series 2024-3ELV, Class A                                              | CUSIP: 62956HAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     452598 | PA      | $454985.54    | 0.03%             | 2029-08-15      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| CONE Trust                                                                | CONE Trust, Series 2024-DFW1, Class A                                             | CUSIP: 20682AAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     330000 | PA      | $328758.51    | 0.02%             | 2041-08-15      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 9128282L3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   51863643 | PA      | $51161388.21  | 2.82%             | 2027-07-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Great Wolf Trust                                                          | Great Wolf Trust, Series 2024-WLF2, Class A                                       | CUSIP: 362414AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1940000 | PA      | $1944903.93   | 0.11%             | 2041-05-15      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                                                                | AMSR Trust, Series 2021-SFR2, Class E2                                            | CUSIP: 00179VAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2000000 | PA      | $1930201.20   | 0.11%             | 2038-08-17      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                       | New Residential Mortgage Loan Trust, Series 2022-SFR1, Class E2                   | CUSIP: 64831KAL0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4000000 | PA      | $3848855.20   | 0.21%             | 2039-02-17      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        | 5771689022 | PA      | $-91777.74    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Home Partners of America Trust                                            | Home Partners of America Trust, Series 2021-2, Class E2                           | CUSIP: 43732VAJ5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3839663 | PA      | $3664806.21   | 0.20%             | 2026-12-17      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 912828ZZ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   56678907 | PA      | $53240719.16  | 2.93%             | 2030-07-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-107487.16   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| iShares Trust                                                             | iShares Residential and Multisector Real Estate ETF                               | CUSIP: 464288562<br>LEI: 5493004WBOUA72JP1U19 | Long             |  | RF                | US        |      32341 | NS      | $2662957.94   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 9128287D6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   45575975 | PA      | $43765307.07  | 2.41%             | 2029-07-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Studio City Finance Ltd.                                                  | Studio City Finance Ltd.                                                          | CUSIP: 86389QAG7<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |     545000 | PA      | $498293.50    | 0.03%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $14760.43     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USD/JPY Up-and-in barrier option; Barrier price USD 155.00000                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | GB        |   19373000 | PA      | $29168.42     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                                              | BX Commercial Mortgage Trust, Series 2024-XL4, Class D                            | CUSIP: 05611VAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     989583 | PA      | $992366.35    | 0.05%             | 2039-02-15      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-4429.85     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage Trust                                        | Ellington Financial Mortgage Trust, Series 2021-3, Class A1                       | CUSIP: 31573JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2971444 | PA      | $2465476.12   | 0.14%             | 2066-09-25      | Variable      | 1.24%                 | No            |                  2 | On Loan: No      |
| Corp. Nacional del Cobre de Chile                                         | Corp. Nacional del Cobre de Chile                                                 | CUSIP: N/A<br>LEI: 549300UVMBCBCIPSUI70       | Long             | DBT              | NUSS              | CL        |     799000 | PA      | $833756.50    | 0.05%             | 2036-01-26      | Fixed         | 6.44%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    5826000 | PA      | $-20570.75    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $11636.93     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                                | Progress Residential Trust, Series 2021-SFR8, Class E2                            | CUSIP: 74333TAL3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4000000 | PA      | $3871888.00   | 0.21%             | 2038-10-17      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |     250000 | PA      | $-5269.08     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | 30-day Federal Funds                                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         48 | NC      | $-35241.04    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Verus Securitization Trust                                                | Verus Securitization Trust, Series 2022-7, Class A1                               | CUSIP: 92539NAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3306451 | PA      | $3328320.52   | 0.18%             | 2067-07-25      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                                               | Extended Stay America Trust, Series 2021-ESH, Class C                             | CUSIP: 30227FAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     360246 | PA      | $360470.81    | 0.02%             | 2038-07-15      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |   26251000 | PA      | $53460.69     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810QV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   27336131 | PA      | $21221309.08  | 1.17%             | 2042-02-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Sunac China Holdings Ltd.                                                 | Sunac China Holdings Ltd.                                                         | CUSIP: N/A<br>LEI: 549300OLARYHDXP3WK18       | Long             | DBT              | CORP              | KY        |      73093 | PA      | $8862.53      | 0.00%             | 2030-09-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                                | Progress Residential Trust, Series 2021-SFR9, Class E2                            | CUSIP: 74333QAL9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3500000 | PA      | $3280003.65   | 0.18%             | 2040-11-17      | Fixed         | 3.01%                 | No            |                  2 | On Loan: No      |
| Yango Justice International Ltd.                                          | Yango Justice International Ltd.                                                  | CUSIP: N/A<br>LEI: 3003007ELD2HAYCXPT77       | Long             | DBT              | CORP              | HK        |     545000 | PA      | $681.25       | 0.00%             | 2024-11-25      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                                | Progress Residential Trust, Series 2021-SFR10, Class E2                           | CUSIP: 74333WAL6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     681421 | PA      | $646187.23    | 0.04%             | 2040-12-17      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        | 1807364830 | PA      | $15776.20     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2875000 | PA      | $3833.18      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USD Currency                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | GB        |  -27325000 | PA      | $-146990.69   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2300500 | PA      | $3573.34      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810TE8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   72924911 | PA      | $38902794.39  | 2.14%             | 2052-02-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2331000 | PA      | $-13512.58    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| iShares Trust                                                             | iShares 0-5 Year High Yield Corporate Bond ETF                                    | CUSIP: 46434V407<br>LEI: 549300R96U5WQ7R5ID10 | Long             |  | RF                | US        |     109800 | NS      | $4736772.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |     250000 | PA      | $-1953.74     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LBA Trust                                                                 | LBA Trust, Series 2024-BOLT, Class A                                              | CUSIP: 50177BAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1320000 | PA      | $1320822.89   | 0.07%             | 2039-06-15      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CBF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   58395189 | PA      | $54102300.32  | 2.98%             | 2031-01-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                       | Petroleos Mexicanos                                                               | CUSIP: N/A<br>LEI: 549300CAZKPF4HKMPX17       | Long             | DBT              | CORP              | MX        |    1934000 | PA      | $1902572.50   | 0.10%             | 2026-03-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Embraer Netherlands Finance BV                                            | Embraer Netherlands Finance BV                                                    | CUSIP: 29082HAE2<br>LEI: 724500PBR8LR26XBSP67 | Long             | DBT              | CORP              | NL        |     410000 | PA      | $421090.50    | 0.02%             | 2035-02-11      | Fixed         | 5.98%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 9128285W6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   38867183 | PA      | $38262668.66  | 2.11%             | 2029-01-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| One New York Plaza Trust                                                  | One New York Plaza Trust, Series 2020-1NYP, Class AJ                              | CUSIP: 68249DAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     385000 | PA      | $371371.92    | 0.02%             | 2036-01-15      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| European Union                                                            | European Union, Series NGEU                                                       | CUSIP: N/A<br>LEI: 529900FZRK8FGMPEOM08       | Long             | DBT              | NUSS              | BE        |   13425315 | PA      | $13572375.22  | 0.75%             | 2053-03-04      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MGM China Holdings Ltd.                                                   | MGM China Holdings Ltd.                                                           | CUSIP: N/A<br>LEI: 529900VZFN87OS7WJM66       | Long             | DBT              | CORP              | KY        |     545000 | PA      | $540231.25    | 0.03%             | 2027-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Euro-Buxl                                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |        -48 | NC      | $89829.52     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    3051000 | PA      | $-15523.41    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  696498000 | PA      | $34848.83     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** BlackRock Funds V

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer