# EDGAR Filing Document

**Accession Number:** 0000885709
**File Stem:** 0001752724-25-156057
**Filing Date:** 2025-6
**Character Count:** 187097
**Document Hash:** a90dcc05531ecdd78404ded8e8686301
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-156057.hdr.sgml**: 20250625

**ACCESSION NUMBER**: 0001752724-25-156057

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250625

**DATE AS OF CHANGE**: 20250625

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PAYDEN & RYGEL INVESTMENT GROUP
- **CENTRAL INDEX KEY:** 0000885709

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06625
- **FILM NUMBER:** 251073083

**BUSINESS ADDRESS:**
- **STREET 1:** 333 S GRAND AVE
- **STREET 2:** 40TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071
- **BUSINESS PHONE:** 2136251900

**MAIL ADDRESS:**
- **STREET 1:** 333 S GRAND AVE
- **STREET 2:** 40TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAYDENFUNDS
- **DATE OF NAME CHANGE:** 20010423

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAYDEN & RYGEL INVESTMENT GROUP
- **DATE OF NAME CHANGE:** 19940104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** P&R INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### Payden Limited Maturity Fund (Series ID: S000011751)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000032176 | Payden Limited Maturity Fund (Investor Class) | PYLMX           |
| C000228770 | Payden Limited Maturity Fund (SI Class)       | PYLSX           |
| C000246929 | Payden Limited Maturity Fund (Adviser Class)  | PYLBX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PAYDEN & RYGEL INVESTMENT GROUP

- **b. Investment Company Act file number:** 811-06625

- **c. CIK number of Registrant:** 0000885709

- **d. LEI of Registrant:** 549300QJNYRKYZS3P282

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

  - **Street Address 1:** 333 South Grand Avenue

  - **City:** Los Angeles

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90071

  - **Telephone number:** 213-625-1900

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

- **a. Name of Series:** Payden Limited Maturity Fund

- **b. EDGAR series identifier (if any):** S000011751

- **c. LEI of Series:** V3GJTCYEA6MK6IE7MU03

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**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:** $2028438632.34

**Total Liabilities:** $21919103.39

**Net Assets:** $2006519528.95

**Cash Not Reported:** $3976561.22

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 472.83121620 | **1-Year:** 5507.28938700 | **5-Year:** 130702.64900000 | **10-Year:** 27162.56426000 | **30-Year:** 63636.91966000

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

- **3-Month:** 15.43820003 | **1-Year:** 648.27151360 | **5-Year:** 13917.43607000 | **10-Year:** 915.41588330 | **30-Year:** 1590.43968400

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000032176 | 0.47%                | 0.38%                | 0.30%                |
| Class ID C000228770 | 0.48%                | 0.27%                | 0.30%                |
| Class ID C000246929 | 0.46%                | 0.35%                | 0.28%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $150884.29               | $1539327.80                                |
| Month 2  | $541208.01               | $-2935093.09                               |
| Month 3  | $106555.46               | $-1879058.94                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| STATE STREET GLOBAL MARKETS, LLC       | USD/CAD FORWARD                                                       | CUSIP: 000000000<br>LEI: 549300FDEDF5ORXCMQ56 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-40998.77    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GM Financial Securitized Term          | GM Financial Consumer Automobile Receivables Trust 2024-1             | CUSIP: 36268GAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    729943 | PA      | $729854.19    | 0.04%             | 2027-02-16      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| GREAT AMERICA LEASING RECEIVAB         | GreatAmerica Leasing Receivables Funding LLC                          | CUSIP: 39154GAH9<br>LEI: 549300JFP7GIDD4UWO79 | Long             | ABS-O            | CORP              | US        |   1900000 | PA      | $1903020.05   | 0.09%             | 2027-10-15      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| CCG Receivables Trust                  | CCG Receivables Trust 2023-1                                          | CUSIP: 12512XAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2300161 | PA      | $2314881.52   | 0.12%             | 2030-09-16      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| Palmer Square Loan Funding Ltd         | Palmer Square Loan Funding 2024-3 Ltd                                 | CUSIP: 69690EAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4769514 | PA      | $4764381.71   | 0.24%             | 2032-08-08      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC               | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                   | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1885000 | PA      | $1820653.45   | 0.09%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivabl         | Santander Drive Auto Receivables Trust 2024-1                         | CUSIP: 80288AAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    228296 | PA      | $228425.37    | 0.01%             | 2027-02-16      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                | Arthur J Gallagher & Co                                               | CUSIP: 04316JAK5<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |   1930000 | PA      | $1945574.91   | 0.10%             | 2027-12-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| CAMB Commercial Mortgage Trust         | CAMB Commercial Mortgage Trust 2019-LIFE                              | CUSIP: 12482HAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4794500 | PA      | $4791187.48   | 0.24%             | 2037-12-15      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| Kubota Credit Owner Trust              | Kubota Credit Owner Trust 2023-1                                      | CUSIP: 50117KAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3680722 | PA      | $3695025.91   | 0.18%             | 2027-06-15      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2022-DNA7                               | CUSIP: 35564KL31<br>LEI: 5493000IRUQLXTG4SV18 | Long             | ABS-MBS          | CORP              | US        |   2980694 | PA      | $3019318.43   | 0.15%             | 2052-03-25      | Floating      | 6.85%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                | Bristol-Myers Squibb Co                                               | CUSIP: 110122EE4<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1219839.60   | 0.06%             | 2027-02-22      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2024-NQM17 Trust                                                  | CUSIP: 673911AC7<br>LEI: 254900HMH8TR6ZSMCB34 | Long             | ABS-MBS          | CORP              | US        |   4564514 | PA      | $4585665.98   | 0.23%             | 2064-11-25      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                 | General Motors Financial Co Inc                                       | CUSIP: 37045XEQ5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   2720000 | PA      | $2748098.42   | 0.14%             | 2027-05-08      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC         | Enterprise Fleet Financing 2024-2 LLC                                 | CUSIP: 29375RAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3886107 | PA      | $3906090.55   | 0.19%             | 2026-12-20      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC               | Vistra Operations Co LLC                                              | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    900000 | PA      | $892937.84    | 0.04%             | 2027-07-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HPS Loan Management Ltd                | Highbridge Loan Management 5-2015 Ltd                                 | CUSIP: 44331DAS8<br>LEI: 54930067MZ9NV8B3SZ80 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1496646.00   | 0.07%             | 2030-10-15      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner T         | Honda Auto Receivables 2021-4 Owner Trust                             | CUSIP: 43815GAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5100000 | PA      | $5089392.00   | 0.25%             | 2028-06-21      | Fixed         | 1.14%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                 | CCO Holdings LLC / CCO Holdings Capital Corp                          | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3010000 | PA      | $2971353.71   | 0.15%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust           | Dell Equipment Finance Trust 2024-2                                   | CUSIP: 24704EAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10450000 | PA      | $10461547.25  | 0.52%             | 2030-08-22      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2024-3                          | CUSIP: 96043CAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2774574 | PA      | $2775666.82   | 0.14%             | 2027-09-15      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                   | Verizon Master Trust                                                  | CUSIP: 92348KCM3<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   3300000 | PA      | $3303682.80   | 0.16%             | 2028-12-20      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                    | Bank of Nova Scotia/The                                               | CUSIP: 06418GAM9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   9760000 | PA      | $9744806.51   | 0.49%             | 2028-09-08      | Floating      | 5.35%                 | No            |                  2 | On Loan: —       |
| PROTECTIVE LIFE GLOBAL                 | Protective Life Global Funding                                        | CUSIP: 74368CBX1<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   2465000 | PA      | $2494660.53   | 0.12%             | 2027-01-12      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables          | Exeter Automobile Receivables Trust 2024-3                            | CUSIP: 30165AAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1374018 | PA      | $1375308.66   | 0.07%             | 2027-02-15      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust             | Verus Securitization Trust 2024-8                                     | CUSIP: 92540PAA6<br>LEI: 213800RZ8QGNZ38DSP77 | Long             | ABS-MBS          | CORP              | US        |   2404297 | PA      | $2402836.33   | 0.12%             | 2069-10-25      | Variable      | 5.36%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                   | Royal Bank of Canada                                                  | CUSIP: 78016HZT0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   2045000 | PA      | $2070656.94   | 0.10%             | 2027-01-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                   | Cross 2024-H7 Mortgage Trust                                          | CUSIP: 22757CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2914326 | PA      | $2923092.20   | 0.15%             | 2069-11-25      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                  | Rio Tinto Finance USA PLC                                             | CUSIP: 76720AAQ9<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |   2635000 | PA      | $2649515.00   | 0.13%             | 2027-03-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| ARI Fleet Lease Trust                  | ARI Fleet Lease Trust 2023-B                                          | CUSIP: 04033GAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2248681 | PA      | $2266802.04   | 0.11%             | 2032-07-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                                           | CUSIP: 912797PZ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  70000000 | PA      | $69447344.40  | 3.46%             | 2025-07-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BX Trust                               | BX Commercial Mortgage Trust 2024-MDHS                                | CUSIP: 12433BAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3983301 | PA      | $3986805.05   | 0.20%             | 2041-05-15      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2024-3                          | CUSIP: 96043CAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5400000 | PA      | $5406541.56   | 0.27%             | 2028-04-17      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                 | Daimler Truck Finance North America LLC                               | CUSIP: 233853AV2<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1007266.72   | 0.05%             | 2027-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLD                  | Freedom Mortgage Holdings LLC                                         | CUSIP: 35641AAA6<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |    855000 | PA      | $871728.08    | 0.04%             | 2029-02-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitizat         | Hyundai Auto Lease Securitization Trust 2025-B                        | CUSIP: 44935DAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3300000 | PA      | $3308306.10   | 0.16%             | 2027-09-15      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| Flatiron CLO Ltd                       | Flatiron RR CLO 22 LLC                                                | CUSIP: 33883QAQ8<br>LEI: 5493000CIUZPG6SZO932 | Long             | ABS-CBDO         | CORP              | US        |   5000000 | PA      | $4954065.00   | 0.25%             | 2034-10-15      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd               | Neuberger Berman Loan Advisers Clo 42 Ltd                             | CUSIP: 64133WAL9<br>LEI: 549300LGCRX4YI1JNS93 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4970295.00   | 0.25%             | 2035-07-16      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                                           | CUSIP: 912797NV5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  60000000 | PA      | $59648875.20  | 2.97%             | 2025-06-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                     | Energy Transfer LP                                                    | CUSIP: 29273VAR1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   6840000 | PA      | $6979507.07   | 0.35%             | 2026-12-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                           | Voya CLO 2016-3 Ltd                                                   | CUSIP: 92915HAY9<br>LEI: 549300001G5S0D8B8343 | Long             | ABS-CBDO         | CORP              | KY        |   4613636 | PA      | $4586715.43   | 0.23%             | 2031-10-18      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Apidos CLO Ltd                         | Apidos CLO XII                                                        | CUSIP: 03764DAP6<br>LEI: 549300M5NMLBQJXUO195 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4994285.00   | 0.25%             | 2031-04-15      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                | National Bank of Canada                                               | CUSIP: 63307A2Z7<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |   5705000 | PA      | $5706824.63   | 0.28%             | 2027-07-02      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                       | Colt 2024-7 Mortgage Loan Trust                                       | CUSIP: 19688YAA2<br>LEI: 213800EA95GXXC9AJO50 | Long             | ABS-MBS          | CORP              | US        |   4772789 | PA      | $4782112.10   | 0.24%             | 2069-12-26      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategi         | Carlyle Global Market Strategies CLO 2012-4 Ltd                       | CUSIP: 14309YCC6<br>LEI: 549300R4G5ROMXQ5CG20 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2992797.00   | 0.15%             | 2032-04-22      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust           | Dell Equipment Finance Trust 2023-3                                   | CUSIP: 24702EAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    218668 | PA      | $218913.45    | 0.01%             | 2029-04-23      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust           | Ford Credit Auto Owner Trust 2025-A                                   | CUSIP: 34535KAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $4505824.35   | 0.22%             | 2027-12-15      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| ARI Fleet Lease Trust                  | ARI Fleet Lease Trust 2024-B                                          | CUSIP: 04033HAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3620335 | PA      | $3642596.77   | 0.18%             | 2033-04-15      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust         | Carvana Auto Receivables Trust 2025-P1                                | CUSIP: 14689MAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2300000 | PA      | $2301050.64   | 0.11%             | 2028-06-12      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Lin         | Santander Bank Auto Credit-Linked Notes Series 2023-A                 | CUSIP: 80290CBU7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    830691 | PA      | $833756.42    | 0.04%             | 2033-06-15      | Fixed         | 6.49%                 | No            |                  2 | On Loan: No      |
| Flagship Credit Auto Trust             | Flagship Credit Auto Trust 2023-2                                     | CUSIP: 33843EAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    326005 | PA      | $326136.53    | 0.02%             | 2027-04-15      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2022-R06                          | CUSIP: 20754NAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2012072 | PA      | $2050541.29   | 0.10%             | 2042-05-25      | Floating      | 7.10%                 | No            |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Secur         | Bridgecrest Lending Auto Securitization Trust 2024-3                  | CUSIP: 10805NAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1599248 | PA      | $1600806.06   | 0.08%             | 2027-02-16      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| Regatta XIII Funding LLC               | Regatta XIII Funding Ltd                                              | CUSIP: 75888FAN5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2300000 | PA      | $2298249.70   | 0.11%             | 2031-07-15      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG               | New York Life Global Funding                                          | CUSIP: 64953BBF4<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |   5425000 | PA      | $5519273.15   | 0.28%             | 2026-09-18      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| MMAF Equipment Finance LLC             | MMAF Equipment Finance LLC 2022-A                                     | CUSIP: 55317RAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    445099 | PA      | $441697.91    | 0.02%             | 2028-01-13      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2022-R01                          | CUSIP: 20754LAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    560949 | PA      | $560015.96    | 0.03%             | 2041-12-25      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                    | JPMorgan Chase & Co                                                   | CUSIP: 46647PEP7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3900000 | PA      | $3911830.69   | 0.19%             | 2028-10-22      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                           | SM Energy Co                                                          | CUSIP: 78454LAX8<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   1345000 | PA      | $1257796.01   | 0.06%             | 2029-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                      | General Mills Inc                                                     | CUSIP: 370334CX0<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |   1410000 | PA      | $1418557.61   | 0.07%             | 2027-01-30      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BX Trust                               | BX Commercial Mortgage Trust 2024-XL4                                 | CUSIP: 05611VAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6998468 | PA      | $6998618.97   | 0.35%             | 2039-02-15      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2024-DNA1                               | CUSIP: 35564NAW3<br>LEI: 529900N6M839KA246662 | Long             | ABS-MBS          | CORP              | US        |   3528749 | PA      | $3532775.83   | 0.18%             | 2044-02-25      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Loan Enhanced          | Volkswagen Auto Loan Enhanced Trust 2023-1                            | CUSIP: 92867WAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    158972 | PA      | $159082.34    | 0.01%             | 2026-12-21      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CUBESMART LP                           | CubeSmart LP                                                          | CUSIP: 22966RAC0<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              | CORP              | US        |   3950000 | PA      | $3934370.44   | 0.20%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                     | BMW US Capital LLC                                                    | CUSIP: 05565ECH6<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   9825000 | PA      | $9917650.73   | 0.49%             | 2027-04-02      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Palmer Square Loan Funding Ltd         | Palmer Square Loan Funding 2022-3 Ltd                                 | CUSIP: 69690CAL7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1352006 | PA      | $1350883.80   | 0.07%             | 2031-04-15      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| CCG Receivables Trust                  | CCG Receivables Trust 2025-1                                          | CUSIP: 12515XAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $3003819.60   | 0.15%             | 2032-10-14      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                       | COLT 2024-INV4 Mortgage Loan Trust                                    | CUSIP: 19688QAA9<br>LEI: 2138008UGM66WOAUY633 | Long             | ABS-MBS          | CORP              | US        |   1685151 | PA      | $1693169.32   | 0.08%             | 2069-05-25      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM TRU         | SoFi Consumer Loan Program 2025-1 Trust                               | CUSIP: 83406YAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5613185 | PA      | $5620864.06   | 0.28%             | 2034-02-27      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Buttermilk Park CLO Ltd                | Buttermilk Park CLO Ltd                                               | CUSIP: 124166AS8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4990225.00   | 0.25%             | 2031-10-15      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2022-1                          | CUSIP: 96042WAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     91658 | PA      | $91579.20     | 0.00%             | 2027-03-15      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| General Motors                         | GMF Floorplan Owner Revolving Trust Series 2025-1                     | CUSIP: 361886DV3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3700000 | PA      | $3721941.74   | 0.19%             | 2029-03-15      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                   | FS Rialto 2024-FL9 Issuer LLC                                         | CUSIP: 30338WAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5100000 | PA      | $5093126.73   | 0.25%             | 2039-10-19      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables          | Exeter Automobile Receivables Trust 2024-5                            | CUSIP: 30165BAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1633507 | PA      | $1633268.50   | 0.08%             | 2027-04-15      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                 | Daimler Truck Finance North America LLC                               | CUSIP: 233853AX8<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   4570000 | PA      | $4551871.86   | 0.23%             | 2027-09-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| Regatta XIII Funding LLC               | Regatta XIII Funding Ltd                                              | CUSIP: 75888FAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2564233 | PA      | $2563056.06   | 0.13%             | 2031-07-15      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                | American Electric Power Co Inc                                        | CUSIP: 02557TAD1<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   4180000 | PA      | $4189358.89   | 0.21%             | 2025-08-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Kubota Credit Owner Trust              | Kubota Credit Owner Trust 2023-2                                      | CUSIP: 500945AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1882117 | PA      | $1884987.37   | 0.09%             | 2026-07-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                    | Axon Enterprise Inc                                                   | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |   2620000 | PA      | $2672148.03   | 0.13%             | 2030-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitizat         | Hyundai Auto Lease Securitization Trust 2023-C                        | CUSIP: 44935VAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    571670 | PA      | $571944.97    | 0.03%             | 2026-03-16      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| MARS INC                               | Mars Inc                                                              | CUSIP: 571676AW5<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   4130000 | PA      | $4156795.11   | 0.21%             | 2027-03-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Loan Enhanced          | Volkswagen Auto Loan Enhanced Trust 2025-1                            | CUSIP: 92868MAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4100000 | PA      | $4108633.78   | 0.20%             | 2028-01-20      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| BXMT Ltd                               | BXMT 2020-FL2 LTD                                                     | CUSIP: 12434LAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2457439.25   | 0.12%             | 2038-02-15      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                 | NextEra Energy Capital Holdings Inc                                   | CUSIP: 65339KDH0<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   5290000 | PA      | $5295748.96   | 0.26%             | 2028-02-04      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFE GF II                     | Pacific Life Global Funding II                                        | CUSIP: 6944PL3G2<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |   3750000 | PA      | $3740800.24   | 0.19%             | 2027-02-04      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| BMW Vehicle Lease Trust                | BMW Vehicle Lease Trust                                               | CUSIP: 05613MAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2725785 | PA      | $2724995.27   | 0.14%             | 2027-01-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                       | Bank of Montreal                                                      | CUSIP: 06368MJG0<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   6895000 | PA      | $7003856.67   | 0.35%             | 2029-01-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2024-NQM13 Trust                                                  | CUSIP: 67119PAP6<br>LEI: 254900W2SY2Z6X7UAX78 | Long             | ABS-MBS          | CORP              | US        |   4176946 | PA      | $4163945.61   | 0.21%             | 2064-06-25      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                | Starwood Property Trust Inc                                           | CUSIP: 85571BBD6<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |   1285000 | PA      | $1293536.26   | 0.06%             | 2030-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC         | Enterprise Fleet Financing 2025-1 LLC                                 | CUSIP: 29390HAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4900000 | PA      | $4910678.08   | 0.24%             | 2027-10-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| OVINTIV INC                            | Ovintiv Inc                                                           | CUSIP: 69047QAA0<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |   3920000 | PA      | $3918573.28   | 0.20%             | 2025-05-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                         | Air Lease Corp                                                        | CUSIP: 00914AAJ1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1725554.44   | 0.09%             | 2026-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| BAE SYSTEMS PLC                        | BAE Systems PLC                                                       | CUSIP: 05523RAH0<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |   2415000 | PA      | $2447459.70   | 0.12%             | 2027-03-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tharaldson Hotel Portfolio Tru         | THPT 2023-THL Mortgage Trust                                          | CUSIP: 87252LAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6450735 | PA      | $6542405.27   | 0.33%             | 2034-12-10      | Variable      | 7.23%                 | No            |                  2 | On Loan: No      |
| SKANDINAVISKA ENSKILDA                 | Skandinaviska Enskilda Banken AB                                      | CUSIP: 830505AZ6<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |   3445000 | PA      | $3501298.88   | 0.17%             | 2027-03-05      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2023-HQA3                               | CUSIP: 35564K3F4<br>LEI: 529900ZTXRUUVE8G8W08 | Long             | ABS-MBS          | CORP              | US        |   7173629 | PA      | $7239122.83   | 0.36%             | 2043-11-25      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                     | BMW US Capital LLC                                                    | CUSIP: 05565ECN3<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   5875000 | PA      | $5883436.68   | 0.29%             | 2026-08-13      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| Life Financial Services Trust          | Life 2022-BMR Mortgage Trust                                          | CUSIP: 53218DAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4100000 | PA      | $3969766.78   | 0.20%             | 2039-05-15      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitiz         | SFS Auto Receivables Securitization Trust 2023-1                      | CUSIP: 78398AAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     74628 | PA      | $74677.10     | 0.00%             | 2027-03-22      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| Chesapeake Funding II LLC              | Chesapeake Funding II LLC                                             | CUSIP: 165183DJ0<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-O            | CORP              | US        |   2536511 | PA      | $2539124.68   | 0.13%             | 2036-05-15      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                 | Morgan Stanley Bank NA                                                | CUSIP: 61690U7X2<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   9765000 | PA      | $9825235.40   | 0.49%             | 2026-10-30      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                  | WELLS FARGO & CO                                                      | CUSIP: 95000U3U5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   7055000 | PA      | $7104481.94   | 0.35%             | 2029-04-23      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2023-4                          | CUSIP: 96041AAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2763658 | PA      | $2770907.91   | 0.14%             | 2027-01-15      | Fixed         | 6.23%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC               | Ford Motor Credit Co LLC                                              | CUSIP: 345397C50<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3619746.58   | 0.18%             | 2026-03-06      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                 | PNC Financial Services Group Inc/The                                  | CUSIP: 693475BV6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   1895000 | PA      | $1923104.44   | 0.10%             | 2028-01-21      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Volvo Financial Equipment LLC          | Volvo Financial Equipment LLC Series 2025-1                           | CUSIP: 92887TAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1100000 | PA      | $1100063.36   | 0.05%             | 2027-11-15      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitizat         | Hyundai Auto Lease Securitization Trust 2023-C                        | CUSIP: 44935VAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8700000 | PA      | $8738966.43   | 0.44%             | 2026-12-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| MERITAGE HOMES CORP                    | Meritage Homes Corp                                                   | CUSIP: 59001ABA9<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |   1990000 | PA      | $2009304.99   | 0.10%             | 2027-06-06      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2023-HQA3                               | CUSIP: 35564K3G2<br>LEI: 529900ZTXRUUVE8G8W08 | Long             | ABS-MBS          | CORP              | US        |    843863 | PA      | $848120.19    | 0.04%             | 2043-11-25      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Galaxy CLO Ltd                         | Galaxy XV CLO Ltd                                                     | CUSIP: 36318WAK6<br>LEI: 549300MJK1HWQWCLYA68 | Long             | ABS-CBDO         | CORP              | KY        |    103555 | PA      | $103550.63    | 0.01%             | 2030-10-15      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                         | Transocean Inc                                                        | CUSIP: 893830BY4<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |   1675000 | PA      | $1351935.55   | 0.07%             | 2029-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ARES CLO Ltd                           | Ares XXXVII CLO Ltd                                                   | CUSIP: 04015NAN4<br>LEI: 635400YF4AHA6NB2CU53 | Long             | ABS-CBDO         | CORP              | KY        |   2372488 | PA      | $2370452.69   | 0.12%             | 2030-10-15      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2021-DNA5                               | CUSIP: 35564KHE2<br>LEI: 5493000ISU5NYXNHD479 | Long             | ABS-MBS          | CORP              | US        |   2044765 | PA      | $2051528.68   | 0.10%             | 2034-01-25      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2023-R06                          | CUSIP: 20754EAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4375535 | PA      | $4393743.78   | 0.22%             | 2043-07-25      | Floating      | 6.05%                 | No            |                  2 | On Loan: No      |
| ARI Fleet Lease Trust                  | ARI Fleet Lease Trust 2024-A                                          | CUSIP: 00218KAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6311051 | PA      | $6344463.56   | 0.32%             | 2032-11-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Diamond Infrastructure Funding         | Diamond Infrastructure Funding LLC                                    | CUSIP: 25265LAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4300000 | PA      | $4066269.63   | 0.20%             | 2049-04-15      | Fixed         | 1.76%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITAL HOLDIN               | Jefferson Capital Holdings LLC                                        | CUSIP: 472481AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1991630.00   | 0.10%             | 2026-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                | CarMax Auto Owner Trust 2022-1                                        | CUSIP: 14317CAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1935917 | PA      | $1921871.55   | 0.10%             | 2026-12-15      | Fixed         | 1.47%                 | No            |                  2 | On Loan: No      |
| Palmer Square Loan Funding Ltd         | Palmer Square Loan Funding 2024-1 Ltd                                 | CUSIP: 69703NAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4785727 | PA      | $4775083.26   | 0.24%             | 2032-10-15      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| DPL INC                                | DPL Inc                                                               | CUSIP: 233293AR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    900000 | PA      | $896589.90    | 0.04%             | 2025-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| HONDA AUTO RECEIVABLES OWNER T         | HONDA AUTO RECEIVABLES 2025-2 OWNER TRUST                             | CUSIP: 437921AB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5001000.00   | 0.25%             | 2028-01-18      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Exeter Select Automobile Recei         | Exeter Select Automobile Receivables Trust 2025-1                     | CUSIP: 30185AAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4965000 | PA      | $4973179.34   | 0.25%             | 2028-10-16      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| BXMT Ltd                               | BXMT 2020-FL2 LTD                                                     | CUSIP: 12434LAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1948121 | PA      | $1941036.55   | 0.10%             | 2038-02-15      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| TIAA CLO Ltd                           | TIAA CLO IV Ltd                                                       | CUSIP: 88631YAL1<br>LEI: 5493000Q4E256SBMCY29 | Long             | ABS-CBDO         | CORP              | KY        |   3216447 | PA      | $3213606.64   | 0.16%             | 2032-01-20      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| BSPRT Issuer, Ltd.                     | BSPRT 2023-FL10 Issuer Ltd                                            | CUSIP: 05610VAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   7598108 | PA      | $7596758.14   | 0.38%             | 2035-09-15      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2023-2                          | CUSIP: 959926AD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    275771 | PA      | $276059.51    | 0.01%             | 2027-02-16      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust           | Ford Credit Auto Owner Trust 2023-A                                   | CUSIP: 344928AD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4057807 | PA      | $4061420.28   | 0.20%             | 2028-02-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                       | COLT 2024-6 Mortgage Loan Trust                                       | CUSIP: 19688XAA4<br>LEI: 213800U2X2TO1PQH1O75 | Long             | ABS-MBS          | CORP              | US        |   5812831 | PA      | $5827812.21   | 0.29%             | 2069-11-25      | Variable      | 5.39%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust               | JP Morgan Mortgage Trust Series 2024-NQM1                             | CUSIP: 465983AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4646249 | PA      | $4677600.00   | 0.23%             | 2064-02-25      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                 | PNC Financial Services Group Inc/The                                  | CUSIP: 693475BT1<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   4855000 | PA      | $5001619.79   | 0.25%             | 2027-10-20      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2022-DNA2                               | CUSIP: 35564KRE1<br>LEI: 5493000ISA3AUOXQEF68 | Long             | ABS-MBS          | CORP              | US        |   2305145 | PA      | $2304284.31   | 0.11%             | 2042-02-25      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| EQT CORP                               | EQT Corp                                                              | CUSIP: 26884LAM1<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   7301000 | PA      | $7161373.56   | 0.36%             | 2026-05-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                | BPCE SA                                                               | CUSIP: 05571AAT2<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    900000 | PA      | $913085.19    | 0.05%             | 2027-01-18      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust             | GLS Auto Receivables Issuer Trust 2025-1                              | CUSIP: 36271KAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4900000 | PA      | $4923920.33   | 0.25%             | 2028-09-15      | Fixed         | 4.77%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP               | Toyota Motor Credit Corp                                              | CUSIP: 89236TML6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   8780000 | PA      | $8797495.03   | 0.44%             | 2026-08-07      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Arbor Realty Collateralized Lo         | Arbor Realty Commercial Real Estate Notes 2022-FL1 Ltd                | CUSIP: 03880XAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2210730 | PA      | $2214019.57   | 0.11%             | 2037-01-15      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC               | Ford Motor Credit Co LLC                                              | CUSIP: 345397E74<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   3060000 | PA      | $3047186.77   | 0.15%             | 2027-05-17      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                                           | CUSIP: 912797NX1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  40000000 | PA      | $39706700.00  | 1.98%             | 2025-07-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Stack Infrastructure Issuer LL         | Stack Infrastructure Issuer LLC                                       | CUSIP: 85236KAE2<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-O            | CORP              | US        |   1094000 | PA      | $1061313.47   | 0.05%             | 2046-03-26      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                 | Daimler Truck Finance North America LLC                               | CUSIP: 233853AS9<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   2980000 | PA      | $2983694.34   | 0.15%             | 2025-08-08      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| TPG Real Estate Finance                | TRTX 2025-FL6 Issuer Ltd                                              | CUSIP: 897764AA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4987830.50   | 0.25%             | 2042-09-18      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| General Motors                         | GMF Floorplan Owner Revolving Trust                                   | CUSIP: 361886DR2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4900000 | PA      | $4882748.57   | 0.24%             | 2029-11-15      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                    | JPMorgan Chase & Co                                                   | CUSIP: 46647PEM4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   5460000 | PA      | $5459124.49   | 0.27%             | 2028-07-22      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                | Goldman Sachs Group Inc/The                                           | CUSIP: 38145GAM2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   7865000 | PA      | $7883738.36   | 0.39%             | 2026-08-10      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| BLUE OWL CAPITAL CORP                  | Blue Owl Capital Corp                                                 | CUSIP: 69121KAC8<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |   1883000 | PA      | $1878097.21   | 0.09%             | 2025-07-22      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                  | Athene Global Funding                                                 | CUSIP: 04685A4E8<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   8360000 | PA      | $8416064.08   | 0.42%             | 2027-01-07      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust         | Carvana Auto Receivables Trust 2021-P4                                | CUSIP: 14687KAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    757589 | PA      | $755287.77    | 0.04%             | 2027-01-11      | Fixed         | 1.31%                 | No            |                  2 | On Loan: No      |
| DLLST LLC                              | DLLST 2024-1 LLC                                                      | CUSIP: 23346HAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1300000 | PA      | $1306613.88   | 0.07%             | 2027-08-20      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                       | Ryder System Inc                                                      | CUSIP: 78355HLA5<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |   3640000 | PA      | $3693427.85   | 0.18%             | 2027-03-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP               | National Rural Utilities Cooperative Finance Corp                     | CUSIP: 63743HFU1<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   9900000 | PA      | $9892795.67   | 0.49%             | 2027-09-16      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| Greystone Commercial Real Esta         | Greystone CRE Notes 2024-HC3                                          | CUSIP: 39808MAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4995729.00   | 0.25%             | 2041-03-15      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2022-DNA6                               | CUSIP: 35564KH36<br>LEI: 5493000IS30HKV5IAS29 | Long             | ABS-MBS          | CORP              | US        |   4532835 | PA      | $4564847.69   | 0.23%             | 2042-09-25      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd               | Madison Park Funding XLII Ltd                                         | CUSIP: 55822RAA8<br>LEI: 549300YWZ8HFDYP0MR16 | Long             | ABS-CBDO         | CORP              | KY        |   2671787 | PA      | $2668334.88   | 0.13%             | 2030-11-21      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Drive Auto Receivables Trust           | Drive Auto Receivables Trust 2024-2                                   | CUSIP: 26207AAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2524313 | PA      | $2525893.37   | 0.13%             | 2027-12-15      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                              | ONEOK Inc                                                             | CUSIP: 682680BH5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   3125000 | PA      | $3164326.84   | 0.16%             | 2026-11-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                           | Voya CLO 2015-3 Ltd                                                   | CUSIP: 92913UBC9<br>LEI: 254900MS3D9HONB0N824 | Long             | ABS-CBDO         | CORP              | KY        |   4298615 | PA      | $4295193.71   | 0.21%             | 2031-10-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2021-R03                          | CUSIP: 20754AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1584216 | PA      | $1580058.45   | 0.08%             | 2041-12-25      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                        | Danske Bank A/S                                                       | CUSIP: 23636ABG5<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |   3965000 | PA      | $4031158.40   | 0.20%             | 2028-03-01      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA               | AerCap Ireland Capital DAC / AerCap Global Aviation Trust             | CUSIP: 00774MBN4<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   7430000 | PA      | $7475798.00   | 0.37%             | 2028-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2025-1                          | CUSIP: 96043VAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5200000 | PA      | $5201628.64   | 0.26%             | 2028-01-18      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                   | FS Rialto 2021-FL3                                                    | CUSIP: 30323CAC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3503440.85   | 0.17%             | 2036-11-16      | Floating      | 5.99%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                 | Match Group Holdings II LLC                                           | CUSIP: 57665RAG1<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |   3025000 | PA      | $2978404.72   | 0.15%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                    | Sirius XM Radio LLC                                                   | CUSIP: 82967NBL1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   3060000 | PA      | $2980414.91   | 0.15%             | 2026-09-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                   | Mercedes-Benz Finance North America LLC                               | CUSIP: 58769JAV9<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |   7285000 | PA      | $7266883.95   | 0.36%             | 2026-07-31      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                       | GGAM Finance Ltd                                                      | CUSIP: 36170JAC0<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |   2000000 | PA      | $2055100.00   | 0.10%             | 2027-02-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Navistar Financial Dealer Note         | Navistar Financial Dealer Note Master Owner Trust II                  | CUSIP: 63938PBU2<br>LEI: 549300S28N49H5RT4J50 | Long             | ABS-O            | CORP              | US        |   2250000 | PA      | $2259295.65   | 0.11%             | 2028-08-25      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables          | Exeter Automobile Receivables Trust 2024-4                            | CUSIP: 30166UAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5300000 | PA      | $5316377.00   | 0.26%             | 2030-08-15      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                  | Icahn Enterprises LP / Icahn Enterprises Finance Corp                 | CUSIP: 451102BZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1625000 | PA      | $1543071.73   | 0.08%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                     | Ally Financial Inc                                                    | CUSIP: 02005NBF6<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   2980000 | PA      | $2984311.14   | 0.15%             | 2025-11-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Palmer Square Loan Funding Ltd         | Palmer Square Loan Funding 2025-1 Ltd                                 | CUSIP: 69704CAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $994229.00    | 0.05%             | 2033-02-15      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked N         | Ally Bank Auto Credit-Linked Notes Series 2024-A                      | CUSIP: 02007GZ48<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2075091 | PA      | $2108504.71   | 0.11%             | 2032-05-17      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| HIG RCP Trust                          | HIG RCP 2023-FL1 LLC                                                  | CUSIP: 40443GAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     25079 | PA      | $24982.83     | 0.00%             | 2038-09-19      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2022-DNA4                               | CUSIP: 35564KWS4<br>LEI: 5493000IS4CDPWRMWB65 | Long             | ABS-MBS          | CORP              | US        |   1064429 | PA      | $1081027.81   | 0.05%             | 2042-05-25      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                            | Oracle Corp                                                           | CUSIP: 68389XBU8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2822388.37   | 0.14%             | 2027-04-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2024-NQM15 Trust                                                  | CUSIP: 67449DAA7<br>LEI: 254900YXEB756F6RCA13 | Long             | ABS-MBS          | CORP              | US        |   2260339 | PA      | $2259837.27   | 0.11%             | 2064-10-25      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| ALUMINA PTY LTD                        | Alumina Pty Ltd                                                       | CUSIP: 02220AAA5<br>LEI: 2138002VD9MW2WT8HR38 | Long             | DBT              | CORP              | AU        |   3150000 | PA      | $3127144.55   | 0.16%             | 2030-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivabl         | Santander Drive Auto Receivables Trust 2021-3                         | CUSIP: 80287EAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4300000 | PA      | $4259389.51   | 0.21%             | 2028-10-16      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                     | Banco Santander SA                                                    | CUSIP: 05964HBE4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |  10000000 | PA      | $9981060.20   | 0.50%             | 2028-07-15      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC               | Ford Motor Credit Co LLC                                              | CUSIP: 345397A60<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1340000 | PA      | $1339019.95   | 0.07%             | 2025-06-16      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Apidos CLO Ltd                         | Apidos CLO XXXII                                                      | CUSIP: 03768RAQ9<br>LEI: 549300CXPXW83QGWOL98 | Long             | ABS-CBDO         | CORP              | KY        |   4975766 | PA      | $4971770.28   | 0.25%             | 2033-01-20      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivabl         | Santander Drive Auto Receivables Trust 2023-5                         | CUSIP: 80286PAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    283881 | PA      | $284071.52    | 0.01%             | 2027-07-15      | Fixed         | 6.31%                 | No            |                  2 | On Loan: No      |
| BrightSpire Capital, Inc               | BRSP 2024-FL2 Ltd                                                     | CUSIP: 05613BAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4700000 | PA      | $4693074.08   | 0.23%             | 2037-08-19      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| LCM Ltd Partnership                    | LCM XXIV Ltd                                                          | CUSIP: 50188YAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    410818 | PA      | $411003.25    | 0.02%             | 2030-03-20      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA               | Volkswagen Group of America Finance LLC                               | CUSIP: 928668CE0<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   8690000 | PA      | $8730061.60   | 0.44%             | 2026-03-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                    | American Express Co                                                   | CUSIP: 025816DE6<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   4680000 | PA      | $4680000.00   | 0.23%             | 2026-05-01      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| GM Financial Securitized Term          | GM Financial Consumer Automobile Receivables Trust 2023-3             | CUSIP: 36267KAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     81027 | PA      | $81071.00     | 0.00%             | 2026-09-16      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                   | Glencore Funding LLC                                                  | CUSIP: 378272BR8<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   3550000 | PA      | $3600482.92   | 0.18%             | 2027-04-04      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                | CarMax Auto Owner Trust 2023-4                                        | CUSIP: 14318XAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1478358 | PA      | $1481121.04   | 0.07%             | 2026-12-15      | Fixed         | 6.08%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                  | Continental Resources Inc/OK                                          | CUSIP: 212015AU5<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |   3469000 | PA      | $3325776.89   | 0.17%             | 2026-11-15      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust             | GLS Auto Receivables Issuer Trust 2025-1                              | CUSIP: 36271KAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4756000 | PA      | $4755406.93   | 0.24%             | 2027-12-15      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| Regatta XIV Funding Ltd                | Regatta XIV Funding Ltd                                               | CUSIP: 75888MAP5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6700000 | PA      | $6661535.30   | 0.33%             | 2031-10-25      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2019-HRP1                         | CUSIP: 20754PAC4<br>LEI: 549300Z5THZ1JXIHVK60 | Long             | ABS-MBS          | CORP              | US        |    208919 | PA      | $209314.54    | 0.01%             | 2039-11-25      | Floating      | 6.62%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON NATIONAL BANK               | Huntington National Bank/The                                          | CUSIP: 44644MAK7<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |   4670000 | PA      | $4693881.12   | 0.23%             | 2028-04-12      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd               | Madison Park Funding XLIX Ltd                                         | CUSIP: 55820VAL7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3750000 | PA      | $3727818.75   | 0.19%             | 2034-10-19      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Drive Auto Receivables Trust           | Drive Auto Receivables Trust 2024-1                                   | CUSIP: 26208WAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6927371 | PA      | $6936241.42   | 0.35%             | 2028-02-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                     | Macquarie Bank Ltd                                                    | CUSIP: 55608PBU7<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |   3620000 | PA      | $3636544.59   | 0.18%             | 2027-07-02      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORPORATION                   | M&T Bank Corp                                                         | CUSIP: 55261FAU8<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |   3065000 | PA      | $3072170.63   | 0.15%             | 2029-01-16      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2023-R05                          | CUSIP: 207942AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4006053 | PA      | $4037540.54   | 0.20%             | 2043-06-25      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust         | Carvana Auto Receivables Trust 2024-P1                                | CUSIP: 14688NAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1148658 | PA      | $1150453.17   | 0.06%             | 2027-08-10      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                   | Bank of America Corp                                                  | CUSIP: 06051GMK2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   9480000 | PA      | $9607805.57   | 0.48%             | 2029-01-24      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ AUTO RECEIVABLES         | Mercedes-Benz Auto Receivables Trust 2023-1                           | CUSIP: 58770AAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1453895 | PA      | $1453793.37   | 0.07%             | 2027-11-15      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| Toyota Lease Owner Trust               | Toyota Lease Owner Trust 2025-A                                       | CUSIP: 89239NAB1<br>LEI: 254900299R9KF5UH9O95 | Long             | ABS-O            | CORP              | US        |   3600000 | PA      | $3612574.80   | 0.18%             | 2027-07-20      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| Tesla Auto Lease Trust                 | Tesla Auto Lease Trust 2024-B                                         | CUSIP: 881934AB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2422597 | PA      | $2424009.06   | 0.12%             | 2027-01-20      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2024-NQM14 Trust                                                  | CUSIP: 67119XAC8<br>LEI: 254900C7ZCEHM7Y5MX79 | Long             | ABS-MBS          | CORP              | US        |   4114363 | PA      | $4090039.34   | 0.20%             | 2064-09-25      | Variable      | 4.94%                 | No            |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Secur         | Bridgecrest Lending Auto Securitization Trust 2024-4                  | CUSIP: 10806EAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4050000 | PA      | $4058432.91   | 0.20%             | 2028-09-15      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust         | Carvana Auto Receivables Trust 2024-P4                                | CUSIP: 14076LAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4440082 | PA      | $4438622.60   | 0.22%             | 2028-02-10      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                           | Synopsys Inc                                                          | CUSIP: 871607AA5<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |   4480000 | PA      | $4505741.18   | 0.22%             | 2027-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2023-R01                          | CUSIP: 207932AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2058854 | PA      | $2107797.24   | 0.11%             | 2042-12-25      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| MMAF Equipment Finance LLC             | MMAF Equipment Finance LLC 2023-A                                     | CUSIP: 55317WAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2188535 | PA      | $2194771.66   | 0.11%             | 2026-11-13      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| Verde CLO Ltd                          | VERDE CLO Ltd                                                         | CUSIP: 92338BAW5<br>LEI: 254900DT3DF8KM5RRZ79 | Long             | ABS-CBDO         | CORP              | KY        |   3853426 | PA      | $3849105.95   | 0.19%             | 2032-04-15      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| DLLAA LLC                              | DLLAA 2023-1 LLC                                                      | CUSIP: 23292HAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    538383 | PA      | $539384.21    | 0.03%             | 2026-07-20      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivabl         | Santander Drive Auto Receivables Trust 2024-S3                        | CUSIP: 80288CAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3047976 | PA      | $3018422.89   | 0.15%             | 2027-09-16      | Fixed         | 1.33%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                 | General Motors Financial Co Inc                                       | CUSIP: 37045XFF8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   5075000 | PA      | $4990803.82   | 0.25%             | 2028-04-04      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2024-R06                          | CUSIP: 20755RAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2463432 | PA      | $2459937.50   | 0.12%             | 2044-09-25      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust             | Verus Securitization Trust 2025-1                                     | CUSIP: 92540TAA8<br>LEI: 213800JOKZMXZECMAB50 | Long             | ABS-MBS          | CORP              | US        |   4919670 | PA      | $4938646.24   | 0.25%             | 2070-01-25      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| Rad CLO Ltd                            | Rad CLO 7 Ltd                                                         | CUSIP: 74936GAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $5994072.00   | 0.30%             | 2036-04-17      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| GM Financial Automobile Leasin         | GM Financial Automobile Leasing Trust 2024-3                          | CUSIP: 38012QAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4733618 | PA      | $4725663.79   | 0.24%             | 2027-01-20      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                | Carmax Auto Owner Trust 2022-4                                        | CUSIP: 14318UAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2275082 | PA      | $2282882.64   | 0.11%             | 2027-08-16      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                    | American Express Co                                                   | CUSIP: 025816EE5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   5320000 | PA      | $5348150.89   | 0.27%             | 2029-04-25      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| Starwood Commercial Mortgage T         | STWD 2021-FL2 Ltd                                                     | CUSIP: 78486BAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2382899 | PA      | $2344137.80   | 0.12%             | 2038-04-18      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC         | Enterprise Fleet Financing 2024-3 LLC                                 | CUSIP: 29375QAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3756144 | PA      | $3769372.70   | 0.19%             | 2027-04-20      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                | BDS 2021-FL10 Ltd                                                     | CUSIP: 07335YAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1585006 | PA      | $1583015.67   | 0.08%             | 2036-12-16      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                 | Chase Auto Owner Trust 2024-5                                         | CUSIP: 16144QAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2583546 | PA      | $2580532.14   | 0.13%             | 2027-11-26      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                            | Citibank NA                                                           | CUSIP: 17325FBL1<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   9755000 | PA      | $9823827.77   | 0.49%             | 2027-11-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Auto Lease Trust         | Mercedes-Benz Auto Lease Trust 2024-B                                 | CUSIP: 58769GAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3818637 | PA      | $3817204.14   | 0.19%             | 2026-12-15      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| ARI Fleet Lease Trust                  | ARI Fleet Lease Trust 2025-A                                          | CUSIP: 04033CAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4400000 | PA      | $4396710.56   | 0.22%             | 2034-01-17      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PFP III                                | PFP 2024-11 Ltd                                                       | CUSIP: 69291WAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4097605 | PA      | $4097058.66   | 0.20%             | 2039-09-17      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| Hotwire Funding LLC                    | Hotwire Funding LLC                                                   | CUSIP: 44148JAA7<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |   2370000 | PA      | $2264166.47   | 0.11%             | 2051-11-20      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LEND                | Blackstone Secured Lending Fund                                       | CUSIP: 09261XAH5<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |   2660000 | PA      | $2694186.67   | 0.13%             | 2027-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust             | Verus Securitization Trust 2024-R1                                    | CUSIP: 924926AA6<br>LEI: 213800A8V9BALJ9WKP38 | Long             | ABS-MBS          | CORP              | US        |   1851994 | PA      | $1850123.31   | 0.09%             | 2069-09-25      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| LCM Ltd Partnership                    | LCM 31 Ltd                                                            | CUSIP: 50201QAL8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1700000 | PA      | $1697463.60   | 0.08%             | 2034-07-20      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| SBNA Auto Lease Trust                  | SBNA Auto Lease Trust 2024-C                                          | CUSIP: 78398DAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2825935 | PA      | $2827632.62   | 0.14%             | 2026-11-20      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust         | Hyundai Auto Receivables Trust 2022-A                                 | CUSIP: 448977AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1461000 | PA      | $1442659.19   | 0.07%             | 2028-04-17      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2024-R06                          | CUSIP: 20755RAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1973352 | PA      | $1971154.55   | 0.10%             | 2044-09-25      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| CNH Equipment Trust                    | CNH Equipment Trust 2023-B                                            | CUSIP: 12666DAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1252881 | PA      | $1254602.42   | 0.06%             | 2027-02-16      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| GM Financial Automobile Leasin         | GM Financial Automobile Leasing Trust 2024-3                          | CUSIP: 38012QAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2461481 | PA      | $2459171.59   | 0.12%             | 2027-01-20      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2023-R04                          | CUSIP: 20754QAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3043065 | PA      | $3100676.10   | 0.15%             | 2043-05-25      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LT         | Golub Capital Partners CLO 53B Ltd                                    | CUSIP: 38177YAL6<br>LEI: 254900DPK2EA9C8DGV68 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2973819.00   | 0.15%             | 2034-07-20      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| MCR Mortgage Trust                     | MCR 2024-HTL Mortgage Trust                                           | CUSIP: 55286PAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2497646 | PA      | $2497589.30   | 0.12%             | 2037-02-15      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2022-HQA3                               | CUSIP: 35564KE39<br>LEI: 5493000IRJ8RDHSNEL96 | Long             | ABS-MBS          | CORP              | US        |   4360888 | PA      | $4425708.64   | 0.22%             | 2042-08-25      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| GM Financial Automobile Leasin         | GM Financial Automobile Leasing Trust 2023-2                          | CUSIP: 362548AD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4458667 | PA      | $4461324.48   | 0.22%             | 2026-07-20      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC         | Enterprise Fleet Financing 2024-1 LLC                                 | CUSIP: 29375PAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7134215 | PA      | $7192076.96   | 0.36%             | 2030-03-20      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| Wheels Fleet Lease Funding LLC         | Wheels Fleet Lease Funding 1 LLC                                      | CUSIP: 96328GCE5<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-O            | CORP              | US        |   5100000 | PA      | $5116456.68   | 0.25%             | 2040-01-18      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                | Carmax Auto Owner Trust 2025-2                                        | CUSIP: 14320AAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3700000 | PA      | $3707144.70   | 0.18%             | 2028-07-17      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BANK USA                 | Goldman Sachs Bank USA/New York NY                                    | CUSIP: 38151LAF7<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |   8620000 | PA      | $8679113.72   | 0.43%             | 2027-03-18      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| Daimler Trucks Retail Trust            | Daimler Trucks Retail Trust 2024-1                                    | CUSIP: 233874AB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1199439 | PA      | $1201090.82   | 0.06%             | 2026-04-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd                       | Symphony CLO XVIII Ltd                                                | CUSIP: 87154GEY7<br>LEI: 549300JQYSBIW1AM8R32 | Long             | ABS-CBDO         | CORP              | KY        |   1763903 | PA      | $1761706.66   | 0.09%             | 2033-07-23      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                   | Royal Bank of Canada                                                  | CUSIP: 78017FZQ9<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   9840000 | PA      | $9853533.64   | 0.49%             | 2027-10-18      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRI INC/NY               | Standard Industries Inc/NY                                            | CUSIP: 853496AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3025000 | PA      | $3004924.92   | 0.15%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Porsche Innovative Lease Owner         | Porsche Innovative Lease Owner Trust 2024-2                           | CUSIP: 73328NAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1992882 | PA      | $1992355.65   | 0.10%             | 2026-12-21      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| AmeriCredit Automobile Receiva         | Americredit Automobile Receivables Trust 2023-1                       | CUSIP: 03067BAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1914808 | PA      | $1922971.17   | 0.10%             | 2027-11-18      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitizat         | Hyundai Auto Lease Securitization Trust 2024-A                        | CUSIP: 448988AD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5017542.50   | 0.25%             | 2027-03-15      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                    | JPMorgan Chase & Co                                                   | CUSIP: 46647PEE2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4865000 | PA      | $4976596.24   | 0.25%             | 2028-04-22      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                          | Carnival Corp                                                         | CUSIP: 143658BY7<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   1750000 | PA      | $1738928.28   | 0.09%             | 2030-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust         | Carvana Auto Receivables Trust 2022-P1                                | CUSIP: 14688DAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1305517 | PA      | $1302846.82   | 0.06%             | 2027-02-10      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                | BDS 2021-FL10 Ltd                                                     | CUSIP: 07335YAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5280000 | PA      | $5263014.77   | 0.26%             | 2036-12-16      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                 | General Motors Financial Co Inc                                       | CUSIP: 37045XEW2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   6950000 | PA      | $6832420.04   | 0.34%             | 2027-07-15      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2024-R02                          | CUSIP: 20754GAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1868787 | PA      | $1863917.81   | 0.09%             | 2044-02-25      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                 | American Honda Finance Corp                                           | CUSIP: 02665WFV8<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   9735000 | PA      | $9724175.17   | 0.48%             | 2026-05-21      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                           | Voya CLO 2016-3 Ltd                                                   | CUSIP: 92915HAW3<br>LEI: 549300001G5S0D8B8343 | Long             | ABS-CBDO         | CORP              | KY        |   3244628 | PA      | $3242801.32   | 0.16%             | 2031-10-18      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                              | ONEOK Inc                                                             | CUSIP: 682680CB7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   5055000 | PA      | $5027084.87   | 0.25%             | 2027-09-24      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE                 | Alliant Energy Finance LLC                                            | CUSIP: 01882YAF3<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |   2485000 | PA      | $2520242.72   | 0.13%             | 2027-06-06      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Chenango Park CLO, Ltd.                | Chenango Park CLO Ltd                                                 | CUSIP: 16409TAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6100687 | PA      | $6094714.83   | 0.30%             | 2030-04-15      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| KREF 2021-FL2 Ltd                      | KREF 2021-FL2 Ltd                                                     | CUSIP: 48275RAA5<br>LEI: 54930083ELM2GCMVTQ91 | Long             | ABS-CBDO         | CORP              | KY        |   2445790 | PA      | $2427579.77   | 0.12%             | 2039-02-15      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                                           | CUSIP: 912797LB1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19967255.60  | 1.00%             | 2025-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Vantage Data Centers LLC               | Vantage Data Centers Issuer LLC                                       | CUSIP: 92212KAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5950000 | PA      | $5893697.53   | 0.29%             | 2054-09-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust         | Carvana Auto Receivables Trust 2022-P3                                | CUSIP: 14686MAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    667493 | PA      | $667456.33    | 0.03%             | 2027-11-10      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| CCG Receivables Trust                  | CCG Receivables Trust 2024-1                                          | CUSIP: 12515PAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2365291 | PA      | $2381195.00   | 0.12%             | 2032-03-15      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                 | Santander Holdings USA Inc                                            | CUSIP: 80282KBK1<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |   1545000 | PA      | $1562198.31   | 0.08%             | 2027-05-31      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                 | Chase Auto Owner Trust 2024-4                                         | CUSIP: 16144YAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1279844 | PA      | $1282692.19   | 0.06%             | 2027-09-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AON NORTH AMERICA INC                  | Aon North America Inc                                                 | CUSIP: 03740MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4820000 | PA      | $4888678.06   | 0.24%             | 2027-03-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                          | Owens Corning                                                         | CUSIP: 690742AN1<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |   2360000 | PA      | $2407651.63   | 0.12%             | 2027-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2024-NQM12 Trust                                                  | CUSIP: 67448PAA1<br>LEI: 254900MY906NOBBPOA44 | Long             | ABS-MBS          | CORP              | US        |   4465502 | PA      | $4469217.61   | 0.22%             | 2064-07-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO BANK NA                    | Wells Fargo Bank NA                                                   | CUSIP: 94988J6H5<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | DBT              | CORP              | US        |   8525000 | PA      | $8550832.88   | 0.43%             | 2026-01-15      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BANK USA                 | Goldman Sachs Bank USA/New York NY                                    | CUSIP: 38151LAH3<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |   6950000 | PA      | $6936993.08   | 0.35%             | 2027-05-21      | Floating      | 5.10%                 | No            |                  2 | On Loan: —       |
| Santander Drive Auto Receivabl         | Santander Drive Auto Receivables Trust 2024-4                         | CUSIP: 802919AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2349073 | PA      | $2352167.20   | 0.12%             | 2027-07-15      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| HIH Trust                              | HIH Trust 2024-61P                                                    | CUSIP: 40444VAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1998747.20   | 0.10%             | 2041-10-15      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                 | Banque Federative du Credit Mutuel SA                                 | CUSIP: 06675FBC0<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   4270000 | PA      | $4314863.52   | 0.22%             | 2027-01-23      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2024-R05                          | CUSIP: 20754XAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7664485 | PA      | $7626419.03   | 0.38%             | 2044-07-25      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| GoldenTree Loan Management US          | Goldentree Loan Management US Clo 8 Ltd                               | CUSIP: 38136NAY2<br>LEI: 549300LOEERRNVSKVY31 | Long             | ABS-CBDO         | CORP              | KY        |   3200000 | PA      | $3188768.00   | 0.16%             | 2034-10-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust         | Carvana Auto Receivables Trust 2024-P2                                | CUSIP: 14688PAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1748874 | PA      | $1752079.11   | 0.09%             | 2027-11-10      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ALLISON TRANSMISSION INC               | Allison Transmission Inc                                              | CUSIP: 019736AE7<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |   2970000 | PA      | $2917830.47   | 0.15%             | 2027-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                | Hyundai Capital America                                               | CUSIP: 44891ACW5<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   6285000 | PA      | $6322397.82   | 0.32%             | 2027-01-08      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2022-DNA3                               | CUSIP: 35564KUW7<br>LEI: 5493000IS4M3TZMRB410 | Long             | ABS-MBS          | CORP              | US        |   4982458 | PA      | $5043746.46   | 0.25%             | 2042-04-25      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                 | Morgan Stanley Bank NA                                                | CUSIP: 61690U8A1<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   4775000 | PA      | $4815053.08   | 0.24%             | 2028-01-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust           | Ford Credit Auto Lease Trust 2024-B                                   | CUSIP: 345279AD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5042645.00   | 0.25%             | 2027-12-15      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOB FUNDING                | Corebridge Global Funding                                             | CUSIP: 00138CBD9<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   2090000 | PA      | $2118541.56   | 0.11%             | 2028-01-07      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ARI Fleet Lease Trust                  | ARI Fleet Lease Trust 2023-A                                          | CUSIP: 00218GAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3825557 | PA      | $3829825.00   | 0.19%             | 2032-02-17      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI               | Antero Midstream Partners LP / Antero Midstream Finance Corp          | CUSIP: 03690AAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4865000 | PA      | $4851829.47   | 0.24%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                       | ABN AMRO Bank NV                                                      | CUSIP: 00084DBD1<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   4900000 | PA      | $4947164.66   | 0.25%             | 2028-12-03      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust           | Dell Equipment Finance Trust 2024-1                                   | CUSIP: 24702GAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5030000 | PA      | $5088520.03   | 0.25%             | 2030-03-22      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| REGAL REXNORD CORP                     | Regal Rexnord Corp                                                    | CUSIP: 758750AL7<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |   3640000 | PA      | $3661703.25   | 0.18%             | 2026-02-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                                           | CUSIP: 912797QJ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  40000000 | PA      | $39520878.40  | 1.97%             | 2025-08-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                  | Wells Fargo & Co                                                      | CUSIP: 95000U3L5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   3815000 | PA      | $3901013.60   | 0.19%             | 2028-04-22      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                  | Toronto-Dominion Bank/The                                             | CUSIP: 89115A3E0<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   8160000 | PA      | $8275504.39   | 0.41%             | 2028-01-31      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                                           | CUSIP: 912797PH4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  75000000 | PA      | $74894750.25  | 3.73%             | 2025-05-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HOLCIM FINANCE US LLC                  | Holcim Finance US LLC                                                 | CUSIP: 43475RAA4<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |   6800000 | PA      | $6825593.09   | 0.34%             | 2027-04-07      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| KFC HLD/PIZZA HUT/TACO                 | KFC Holding Co/Pizza Hut Holdings LLC/Taco Bell of America LLC        | CUSIP: 48250NAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1997026.00   | 0.10%             | 2027-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2023-DNA2                               | CUSIP: 35564KT58<br>LEI: 5493000IRI80KQJUNK40 | Long             | ABS-MBS          | CORP              | US        |   4722079 | PA      | $4784287.11   | 0.24%             | 2043-04-25      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust           | GS Mortgage Securities Corp Trust 2023-SHIP                           | CUSIP: 36270GAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2700000 | PA      | $2688834.42   | 0.13%             | 2038-09-10      | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| TOLL BROS FINANCE CORP                 | Toll Brothers Finance Corp                                            | CUSIP: 88947EAR1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1550115.52   | 0.08%             | 2025-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd                       | Symphony CLO XX Ltd                                                   | CUSIP: 87166VAW8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5705822 | PA      | $5700070.14   | 0.28%             | 2032-01-16      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                 | Morgan Stanley Bank NA                                                | CUSIP: 61690U8D5<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   3350000 | PA      | $3350474.06   | 0.17%             | 2028-07-14      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| GREAT AMERICA LEASING RECEIVAB         | GreatAmerica Leasing Receivables Funding LLC Series 2022-1            | CUSIP: 39154TBW7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5352892 | PA      | $5360566.30   | 0.27%             | 2026-09-15      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| Crestline Denali CLO XVII, LLC         | Crestline Denali CLO XVII Ltd                                         | CUSIP: 22616TAN6<br>LEI: 254900BNO2GIP36AKL73 | Long             | ABS-CBDO         | CORP              | KY        |   1556852 | PA      | $1555698.27   | 0.08%             | 2031-10-15      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION               | Hess Midstream Operations LP                                          | CUSIP: 428102AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1255000 | PA      | $1275756.87   | 0.06%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd               | Neuberger Berman Loan Advisers CLO 49 Ltd                             | CUSIP: 64135JAL6<br>LEI: 549300IN02DS1MN5HW62 | Long             | ABS-CBDO         | CORP              | JE        |   5000000 | PA      | $4990320.00   | 0.25%             | 2035-07-25      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                    | JPMorgan Chase & Co                                                   | CUSIP: 46647PEA0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4100000 | PA      | $4140764.00   | 0.21%             | 2028-01-23      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust           | Ford Credit Auto Lease Trust 2024-B                                   | CUSIP: 345279AB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1228031 | PA      | $1230420.49   | 0.06%             | 2027-02-15      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| XHR LP                                 | XHR LP                                                                | CUSIP: 98372MAE5<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              | CORP              | US        |    960000 | PA      | $946828.45    | 0.05%             | 2030-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2023-R02                          | CUSIP: 20755AAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    823498 | PA      | $839907.03    | 0.04%             | 2043-01-25      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                   | Verizon Master Trust                                                  | CUSIP: 92348KDY6<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   4100000 | PA      | $4129864.40   | 0.21%             | 2030-03-20      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2023-3                          | CUSIP: 96041CAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4200000 | PA      | $4214596.26   | 0.21%             | 2027-05-17      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                   | Cross 2024-H8 Mortgage Trust                                          | CUSIP: 22757GAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4685162 | PA      | $4700644.85   | 0.23%             | 2069-12-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                 | NextEra Energy Capital Holdings Inc                                   | CUSIP: 65339KCS7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |  10090000 | PA      | $10113131.93  | 0.50%             | 2026-01-29      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| SBNA Auto Lease Trust                  | SBNA Auto Lease Trust 2023-A                                          | CUSIP: 78436TAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4900000 | PA      | $4927935.88   | 0.25%             | 2027-04-20      | Fixed         | 6.51%                 | No            |                  2 | On Loan: No      |
| SBNA Auto Lease Trust                  | SBNA Auto Lease Trust 2025-A                                          | CUSIP: 78437KAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4250000 | PA      | $4251864.05   | 0.21%             | 2027-04-20      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TR BK LT               | Sumitomo Mitsui Trust Bank Ltd                                        | CUSIP: 86563VBF5<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |   4920000 | PA      | $4936021.24   | 0.25%             | 2026-03-09      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust           | Ford Credit Auto Lease Trust 2025-A                                   | CUSIP: 345282AB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3900000 | PA      | $3906355.44   | 0.19%             | 2027-08-15      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                 | Group 1 Automotive Inc                                                | CUSIP: 398905AQ2<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |   1065000 | PA      | $1077877.98   | 0.05%             | 2030-01-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2025-NQM1 Trust                                                   | CUSIP: 673914AC1<br>LEI: 2549007E8KF1RJ2ZV866 | Long             | ABS-MBS          | CORP              | US        |   3300838 | PA      | $3310601.77   | 0.16%             | 2064-12-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC                             | Nasdaq Inc                                                            | CUSIP: 63111XAG6<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |    707000 | PA      | $707898.28    | 0.04%             | 2025-06-28      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust             | LAD Auto Receivables Trust 2024-1                                     | CUSIP: 501689AB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    242318 | PA      | $242384.48    | 0.01%             | 2026-11-16      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| BX Trust                               | BX Trust 2024-VLT4                                                    | CUSIP: 05612TAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1080000 | PA      | $1073577.89   | 0.05%             | 2029-07-15      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| PENSKE AUTOMOTIVE GROUP                | Penske Automotive Group Inc                                           | CUSIP: 70959WAJ2<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1539578.11   | 0.08%             | 2025-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                     | Credit Agricole SA                                                    | CUSIP: 22534PAF0<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   7990000 | PA      | $8036904.90   | 0.40%             | 2026-07-05      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| NATIONAL FUEL GAS CO                   | National Fuel Gas Co                                                  | CUSIP: 636180BS9<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |   9600000 | PA      | $9712805.47   | 0.48%             | 2026-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MMAF Equipment Finance LLC             | MMAF Equipment Finance LLC 2024-A                                     | CUSIP: 55318CAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2299321 | PA      | $2307788.24   | 0.12%             | 2027-09-13      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| AAR ESCROW ISSUER LLC                  | AAR Escrow Issuer LLC                                                 | CUSIP: 00253PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2735000 | PA      | $2802320.74   | 0.14%             | 2029-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec         | American Credit Acceptance Receivables Trust 2024-4                   | CUSIP: 024945AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2135532 | PA      | $2134729.87   | 0.11%             | 2028-03-13      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Flagship Credit Auto Trust             | Flagship Credit Auto Trust 2023-3                                     | CUSIP: 33846BAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    641286 | PA      | $642283.07    | 0.03%             | 2027-07-15      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                | BDS 2021-FL9 Ltd                                                      | CUSIP: 05493NAC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2250000 | PA      | $2253959.10   | 0.11%             | 2038-11-16      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| GM Financial Securitized Term          | GM Financial Consumer Automobile Receivables Trust 2024-4             | CUSIP: 38014AAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2158135 | PA      | $2157958.05   | 0.11%             | 2027-10-18      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                    | American Express Co                                                   | CUSIP: 025816DX4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   4730000 | PA      | $4748794.28   | 0.24%             | 2028-07-26      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| HTL Commercial Mortgage Trust          | HTL Commercial Mortgage Trust 2024-T53                                | CUSIP: 404300AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5700000 | PA      | $5778966.09   | 0.29%             | 2039-05-10      | Variable      | 6.07%                 | No            |                  2 | On Loan: No      |
| Payden Floating Rate Fund              | Payden Floating Rate Fund                                             | CUSIP: 704329218<br>LEI: 5493007MAZSH4J3PH219 | Long             | EC               | RF                | US        |   2726002 | NS      | $25924281.25  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| BSPRT Issuer, Ltd.                     | BSPRT 2021-FL7 Issuer Ltd                                             | CUSIP: 05602CAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1033000 | PA      | $1030492.19   | 0.05%             | 2038-12-15      | Floating      | 6.09%                 | No            |                  2 | On Loan: No      |
| COGENT COMM GROUP LLC                  | Cogent Communications Group LLC                                       | CUSIP: 19240CAC7<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1963749.26   | 0.10%             | 2026-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                    | American Express Co                                                   | CUSIP: 025816DL0<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   4260000 | PA      | $4298621.63   | 0.21%             | 2026-10-30      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                       | Bank of Montreal                                                      | CUSIP: 06368LWT9<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   9930000 | PA      | $9982454.23   | 0.50%             | 2025-09-25      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| PAYDEN CASH RESERVES MONEY MARKET      | PAYDEN CASH RESERVES MONEY MARKET                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    445200 | NS      | $445199.64    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Vantage Data Centers LLC               | Vantage Data Centers Issuer LLC                                       | CUSIP: 92212KAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6118000 | PA      | $6031588.76   | 0.30%             | 2045-09-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                 | Banque Federative du Credit Mutuel SA                                 | CUSIP: 06675DCG5<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   4510000 | PA      | $4561581.91   | 0.23%             | 2026-07-13      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2024-NQM18 Trust                                                  | CUSIP: 673913AA7<br>LEI: 254900NK9PNLY9I00149 | Long             | ABS-MBS          | CORP              | US        |   3954742 | PA      | $3962390.96   | 0.20%             | 2064-10-25      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner T         | Honda Auto Receivables 2023-2 Owner Trust                             | CUSIP: 437927AB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    112559 | PA      | $112604.46    | 0.01%             | 2026-04-15      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| Apidos CLO Ltd                         | Apidos CLO XXX                                                        | CUSIP: 03768CAN9<br>LEI: 2549001XBZ4DU4T7EC48 | Long             | ABS-CBDO         | CORP              | KY        |    579350 | PA      | $578360.09    | 0.03%             | 2031-10-18      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec         | American Credit Acceptance Receivables Trust 2024-1                   | CUSIP: 02531AAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     48440 | PA      | $48458.28     | 0.00%             | 2027-01-12      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| BX Trust                               | BX Commercial Mortgage Trust 2024-XL5                                 | CUSIP: 05612GAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6744686 | PA      | $6744698.39   | 0.34%             | 2041-03-15      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II               | Principal Life Global Funding II                                      | CUSIP: 74256LEX3<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |   1815000 | PA      | $1837860.87   | 0.09%             | 2027-01-16      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                      | Ares Capital Corp                                                     | CUSIP: 04010LAY9<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |   2438000 | PA      | $2430259.33   | 0.12%             | 2025-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                         | Morgan Stanley                                                        | CUSIP: 61747YFN0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   9660000 | PA      | $9690393.45   | 0.48%             | 2028-04-13      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                       | Colt 2025-1 Mortgage Loan Trust                                       | CUSIP: 196920AC6<br>LEI: 21380069FFOP8RZNF423 | Long             | ABS-MBS          | CORP              | US        |   4873615 | PA      | $4985634.98   | 0.25%             | 2070-01-25      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LEND                | Blackstone Secured Lending Fund                                       | CUSIP: 09261LAC2<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |   7485000 | PA      | $7405707.05   | 0.37%             | 2026-01-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| DBGS Mortgage Trust                    | DBGS 2024-SBL                                                         | CUSIP: 23306QAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5050000 | PA      | $5037448.73   | 0.25%             | 2034-08-15      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust           | Dell Equipment Finance Trust 2025-1                                   | CUSIP: 24703UAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3900000 | PA      | $3904680.00   | 0.19%             | 2027-07-22      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| GM Financial Securitized Term          | GM Financial Consumer Automobile Receivables Trust 2023-1             | CUSIP: 38013JAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3781286 | PA      | $3784203.02   | 0.19%             | 2028-02-16      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO BANK NA                    | Wells Fargo Bank NA                                                   | CUSIP: 94988J6B8<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | DBT              | CORP              | US        |   8910000 | PA      | $8924866.60   | 0.44%             | 2025-08-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: —       |
| Santander Bank Auto Credit-Lin         | Santander Bank Auto Credit-Linked Notes Series 2022-C                 | CUSIP: 80290CBF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    465857 | PA      | $466793.38    | 0.02%             | 2032-12-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                | John Deere Capital Corp                                               | CUSIP: 24422EXW4<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |   7240000 | PA      | $7257494.23   | 0.36%             | 2027-07-15      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                     | Macquarie Bank Ltd                                                    | CUSIP: 55608PBS2<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |   2250000 | PA      | $2266502.06   | 0.11%             | 2026-12-07      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2025-NQM3 Trust                                                   | CUSIP: 67448YAC8<br>LEI: 254900MBGY6CR10DAX67 | Long             | ABS-MBS          | CORP              | US        |   3142276 | PA      | $3158270.86   | 0.16%             | 2064-12-01      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                 | Canadian Imperial Bank of Commerce                                    | CUSIP: 13607LWU3<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   9905000 | PA      | $9966930.42   | 0.50%             | 2026-10-02      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                     | Credit Agricole SA                                                    | CUSIP: 22534PAH6<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   8595000 | PA      | $8736855.40   | 0.44%             | 2027-03-11      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Payden Cash Reserves Money Market Fund | Payden Cash Reserves Money Market Fund                                | CUSIP: 704329598<br>LEI: 549300SI0EB26HO5RT16 | Long             | STIV             | RF                | US        |    183417 | NS      | $183417.31    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FS Rialto Issuer Ltd                   | FS Rialto 2022-Fl4 Issuer LLC                                         | CUSIP: 30326MAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    712308 | PA      | $710507.28    | 0.04%             | 2039-01-19      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| GM Financial Securitized Term          | GM Financial Consumer Automobile Receivables Trust 2024-3             | CUSIP: 38013KAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3436252 | PA      | $3445341.19   | 0.17%             | 2027-06-16      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                      | State Street Corp                                                     | CUSIP: 857477DA8<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3525739.88   | 0.18%             | 2028-04-24      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| John Deere Owner Trust                 | John Deere Owner Trust 2024-C                                         | CUSIP: 477911AC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $3001949.40   | 0.15%             | 2027-08-16      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec         | American Credit Acceptance Receivables Trust 2025-1                   | CUSIP: 02528DAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4377581 | PA      | $4377280.68   | 0.22%             | 2028-07-12      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| Beechwood Park CLO Ltd.                | Beechwood Park CLO Ltd                                                | CUSIP: 07355TAU6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5000000.00   | 0.25%             | 2035-01-17      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                  | Toronto-Dominion Bank/The                                             | CUSIP: 89115A3A8<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   9830000 | PA      | $9874987.19   | 0.49%             | 2026-12-17      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| BSPRT Issuer, Ltd.                     | BSPRT 2021-FL7 Issuer Ltd                                             | CUSIP: 05602CAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1311275 | PA      | $1313041.82   | 0.07%             | 2038-12-15      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2024-1                          | CUSIP: 96043RAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4633000 | PA      | $4647114.90   | 0.23%             | 2027-05-17      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| THE CAMPBELLS COMPANY                  | The Campbell's Company                                                | CUSIP: 134429BL2<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |   1195000 | PA      | $1202215.53   | 0.06%             | 2026-03-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivabl         | Santander Drive Auto Receivables Trust 2024-5                         | CUSIP: 802920AD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3800000 | PA      | $3807554.40   | 0.19%             | 2028-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P         | Freddie Mac Multifamily Structured Pass Through Certificates          | CUSIP: 3137FNXA3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4720940 | PA      | $4719569.34   | 0.24%             | 2029-08-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga         | MF1 2022-FL8 Ltd                                                      | CUSIP: 55284JAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4750138 | PA      | $4741439.53   | 0.24%             | 2037-02-19      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC         | Enterprise Fleet Financing 2024-4 LLC                                 | CUSIP: 29374MAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4400000 | PA      | $4412311.20   | 0.22%             | 2027-07-20      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| HPEFS Equipment Trust                  | HPEFS Equipment Trust 2023-2                                          | CUSIP: 44328UAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1251760 | PA      | $1254060.64   | 0.06%             | 2031-01-21      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust         | Carvana Auto Receivables Trust 2024-P3                                | CUSIP: 146919AB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1652408 | PA      | $1651884.78   | 0.08%             | 2027-11-10      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| BLUE RACER MID LLC/FINAN               | Blue Racer Midstream LLC / Blue Racer Finance Corp                    | CUSIP: 095796AJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1425699.80   | 0.07%             | 2029-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                           | Navient Corp                                                          | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1981687.20   | 0.10%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust           | Dell Equipment Finance Trust 2023-1                                   | CUSIP: 24702HAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2491740 | PA      | $2498981.82   | 0.12%             | 2028-09-22      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                    | Travel + Leisure Co                                                   | CUSIP: 98310WAS7<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |   2985000 | PA      | $3008223.30   | 0.15%             | 2026-07-31      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitizat         | Hyundai Auto Lease Securitization Trust 2023-B                        | CUSIP: 448980AD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1743498 | PA      | $1744681.24   | 0.09%             | 2026-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                | CarMax Auto Owner Trust 2024-4                                        | CUSIP: 14290DAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4030794 | PA      | $4031793.21   | 0.20%             | 2027-12-15      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                    | American Express Co                                                   | CUSIP: 025816DJ5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   8435000 | PA      | $8461559.28   | 0.42%             | 2027-07-28      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP               | Toyota Motor Credit Corp                                              | CUSIP: 89236TKV6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   4020000 | PA      | $4033045.50   | 0.20%             | 2026-05-18      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Bridgecrest Lending Auto Secur         | Bridgecrest Lending Auto Securitization Trust 2025-1                  | CUSIP: 10806HAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $4505730.30   | 0.22%             | 2028-08-15      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitiz         | SFS Auto Receivables Securitization Trust 2024-1                      | CUSIP: 78435VAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1074052 | PA      | $1075048.79   | 0.05%             | 2027-06-21      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| ACREC LLC                              | ACREC 2023-FL2 LLC                                                    | CUSIP: 00501BAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3775117 | PA      | $3777357.67   | 0.19%             | 2038-02-19      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                 | Aviation Capital Group LLC                                            | CUSIP: 05369AAR2<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |   2170000 | PA      | $2173152.42   | 0.11%             | 2027-04-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Toyota Lease Owner Trust               | Toyota Lease Owner Trust 2024-A                                       | CUSIP: 89238GAD3<br>LEI: 254900MVSB4M6HOIRE71 | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5029887.00   | 0.25%             | 2027-04-20      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                 | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC | CUSIP: 013092AF8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3030000 | PA      | $2976988.33   | 0.15%             | 2026-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec         | American Credit Acceptance Receivables Trust 2024-2                   | CUSIP: 02531BAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1843898 | PA      | $1846290.69   | 0.09%             | 2027-02-12      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                 | American Honda Finance Corp                                           | CUSIP: 02665WEE7<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   4580000 | PA      | $4594018.83   | 0.23%             | 2026-01-12      | Floating      | 5.25%                 | No            |                  2 | On Loan: —       |
| SFS Auto Receivables Securitiz         | SFS Auto Receivables Securitization Trust 2025-1                      | CUSIP: 81885BAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3400000 | PA      | $3398266.00   | 0.17%             | 2028-05-22      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| PFS Financing Corp.                    | PFS Financing Corp                                                    | CUSIP: 69335PFC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9100000 | PA      | $9116000.53   | 0.45%             | 2028-01-15      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Nissan Master Owner Trust Rece         | Nissan Master Owner Trust Receivables                                 | CUSIP: 65479VAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $4507114.50   | 0.22%             | 2028-02-15      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec         | American Credit Acceptance Receivables Trust 2024-3                   | CUSIP: 02490BAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2623753 | PA      | $2629980.91   | 0.13%             | 2027-11-12      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION               | Hess Midstream Operations LP                                          | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5125000 | PA      | $5140052.13   | 0.26%             | 2028-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                | Dryden 40 Senior Loan Fund                                            | CUSIP: 26244GAS4<br>LEI: 549300BH0PFEW6WVTN52 | Long             | ABS-CBDO         | CORP              | KY        |   3478612 | PA      | $3478128.26   | 0.17%             | 2031-08-15      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitizat         | Hyundai Auto Lease Securitization Trust 2024-C                        | CUSIP: 448984AC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2811682 | PA      | $2810940.94   | 0.14%             | 2027-03-15      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| BX Trust                               | BX Commercial Mortgage Trust 2024-AIRC                                | CUSIP: 12433CAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5047742 | PA      | $5055914.32   | 0.25%             | 2039-08-15      | Floating      | 6.01%                 | No            |                  2 | On Loan: No      |
| Ally Auto Receivables Trust            | Ally Auto Receivables Trust 2024-2                                    | CUSIP: 02007NAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2817536 | PA      | $2816280.42   | 0.14%             | 2027-07-15      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2024-DNA3                               | CUSIP: 35564NEY5<br>LEI: 529900P3PHNE8PW64Z68 | Long             | ABS-MBS          | CORP              | US        |   3982500 | PA      | $3971453.34   | 0.20%             | 2044-10-25      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN               | TerraForm Power Operating LLC                                         | CUSIP: 88104LAE3<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |   3045000 | PA      | $2968559.23   | 0.15%             | 2028-01-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2025-R03                          | CUSIP: 20754VAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4951183 | PA      | $4963778.67   | 0.25%             | 2045-03-25      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                   | Mercedes-Benz Finance North America LLC                               | CUSIP: 58769JAJ6<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |   6735000 | PA      | $6742520.50   | 0.34%             | 2025-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                   | FS RIALTO                                                             | CUSIP: 30319YAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4303722 | PA      | $4259691.44   | 0.21%             | 2038-05-16      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                       | ABN AMRO Bank NV                                                      | CUSIP: 00084DBB5<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   9500000 | PA      | $9592689.41   | 0.48%             | 2027-09-18      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| CHURCHILL DOWNS INC                    | Churchill Downs Inc                                                   | CUSIP: 171484AE8<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1939833.76   | 0.10%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust             | GLS Auto Receivables Issuer Trust 2024-3                              | CUSIP: 37989AAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2488130 | PA      | $2492278.51   | 0.12%             | 2027-08-16      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| ONE Park Mortgage Trust                | ONE 2021-PARK Mortgage Trust                                          | CUSIP: 682413AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3950000 | PA      | $3865044.98   | 0.19%             | 2036-03-15      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                | Goldman Sachs Group Inc/The                                           | CUSIP: 38141GC77<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   5320000 | PA      | $5369982.57   | 0.27%             | 2028-04-23      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                              | Sunoco LP                                                             | CUSIP: 86765KAB5<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   1090000 | PA      | $1121738.62   | 0.06%             | 2029-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ESSENTIAL UTILITIES INC                | ESSENTIAL UTILITIES INC                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6500000 | PA      | $6499182.30   | 0.32%             | 2025-05-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| OneMain Direct Auto Receivable         | OneMain Direct Auto Receivables Trust 2021-1                          | CUSIP: 682687AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    254712 | PA      | $252215.78    | 0.01%             | 2028-07-14      | Fixed         | 0.87%                 | No            |                  2 | On Loan: No      |
| Wind River CLO Ltd                     | THL Credit Wind River 2018-2 Clo Ltd                                  | CUSIP: 97317EAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    503593 | PA      | $503212.39    | 0.03%             | 2030-07-15      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                 | Santander Holdings USA Inc                                            | CUSIP: 80282KBP0<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |   7470000 | PA      | $7495743.56   | 0.37%             | 2029-03-20      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2024-DNA3                               | CUSIP: 35564NEZ2<br>LEI: 529900P3PHNE8PW64Z68 | Long             | ABS-MBS          | CORP              | US        |   1415351 | PA      | $1413272.11   | 0.07%             | 2044-10-25      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                | Carmax Auto Owner Trust 2024-3                                        | CUSIP: 14319GAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3125070 | PA      | $3133264.73   | 0.16%             | 2027-09-15      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| GoldenTree Loan Management US          | Goldentree Loan Management US CLO 5 Ltd                               | CUSIP: 38138DAY2<br>LEI: 549300O473GD3F35WC55 | Long             | ABS-CBDO         | CORP              | KY        |   3465703 | PA      | $3461984.03   | 0.17%             | 2032-10-20      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                   | Royal Bank of Canada                                                  | CUSIP: 78016HZY9<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   9250000 | PA      | $9255522.25   | 0.46%             | 2027-07-23      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| Magnetite CLO Ltd                      | Magnetite XV Ltd                                                      | CUSIP: 55953MAN2<br>LEI: 549300B3V0K3DX0M2K31 | Long             | ABS-CBDO         | CORP              | KY        |    942952 | PA      | $942951.38    | 0.05%             | 2031-07-25      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                    | Freddie Mac STACR REMIC Trust 2022-HQA1                               | CUSIP: 35564KTA7<br>LEI: 5493000IRODEKU3J3Q16 | Long             | ABS-MBS          | CORP              | US        |   2048998 | PA      | $2058916.67   | 0.10%             | 2042-03-25      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2024-2                          | CUSIP: 96042YAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2451129 | PA      | $2452447.39   | 0.12%             | 2027-08-16      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| HPS Loan Management Ltd                | HPS Loan Management 13-2018 Ltd                                       | CUSIP: 40437LAQ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4900000 | PA      | $4891028.10   | 0.24%             | 2030-10-15      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| SFS Auto Receivables Securitiz         | SFS Auto Receivables Securitization Trust 2024-3                      | CUSIP: 78436XAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3814394 | PA      | $3814337.68   | 0.19%             | 2028-05-22      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                            | Citibank NA                                                           | CUSIP: 17325FBH0<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   2715000 | PA      | $2714226.93   | 0.14%             | 2026-08-06      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                    | United Airlines Inc                                                   | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   1880000 | PA      | $1854758.46   | 0.09%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2024-NQM16 Trust                                                  | CUSIP: 67120GAA6<br>LEI: 254900AIRPH5Q5COT575 | Long             | ABS-MBS          | CORP              | US        |   2230828 | PA      | $2235526.18   | 0.11%             | 2064-10-25      | Variable      | 5.53%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC               | OBX 2025-NQM2 Trust                                                   | CUSIP: 67120VAA3<br>LEI: 2549006BC0G3YEF5SL09 | Long             | ABS-MBS          | CORP              | US        |   4065117 | PA      | $4081036.34   | 0.20%             | 2064-11-25      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP               | Toyota Motor Credit Corp                                              | CUSIP: 89236TMS1<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   2770000 | PA      | $2781702.61   | 0.14%             | 2027-10-08      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| OneMain Direct Auto Receivable         | OneMain Direct Auto Receivables Trust 2023-1                          | CUSIP: 682685AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5115000 | PA      | $5173056.27   | 0.26%             | 2029-11-14      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL               | Penske Truck Leasing Co Lp / PTL Finance Corp                         | CUSIP: 709599BY9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1965000 | PA      | $1988126.75   | 0.10%             | 2027-01-12      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2023-3                          | CUSIP: 96041CAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100767 | PA      | $100824.36    | 0.01%             | 2026-10-15      | Fixed         | 5.96%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                       | Connecticut Avenue Securities Trust 2022-R02                          | CUSIP: 20754BAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1635751 | PA      | $1634964.26   | 0.08%             | 2042-01-25      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC               | Vistra Operations Co LLC                                              | CUSIP: 92840VAT9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1155000 | PA      | $1160948.25   | 0.06%             | 2026-12-30      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust             | Verus Securitization Trust 2025-INV1                                  | CUSIP: 924929AC6<br>LEI: 213800YO7QOQOFRSRN78 | Long             | ABS-MBS          | CORP              | US        |   3508291 | PA      | $3524479.42   | 0.18%             | 2070-02-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                   | FS RIALTO                                                             | CUSIP: 30319YAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $1000963.80   | 0.05%             | 2038-05-16      | Floating      | 5.99%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                 | Canadian Imperial Bank of Commerce                                    | CUSIP: 13607PVP6<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   9430000 | PA      | $9504285.20   | 0.47%             | 2028-01-13      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                          | United States Treasury Bill                                           | CUSIP: 912797PC5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  70500000 | PA      | $70458885.11  | 3.51%             | 2025-05-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                | BDS 2025-FL14 LLC                                                     | CUSIP: 072921AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2800000 | PA      | $2746964.64   | 0.14%             | 2042-10-21      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| AmeriCredit Automobile Receiva         | AmeriCredit Automobile Receivables Trust 2024-1                       | CUSIP: 023947AC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1975579 | PA      | $1974401.77   | 0.10%             | 2028-02-18      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| UBS AG STAMFORD CT                     | UBS AG/Stamford CT                                                    | CUSIP: 90261AAD4<br>LEI: 254900R882POXXVAK772 | Long             | DBT              | CORP              | CH        |   5045000 | PA      | $5080701.60   | 0.25%             | 2028-01-10      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                | Jefferies Financial Group Inc                                         | CUSIP: 47233WHZ5<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |   9615000 | PA      | $9628838.97   | 0.48%             | 2026-02-10      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivable         | Westlake Automobile Receivables Trust 2024-2                          | CUSIP: 96042YAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3160000 | PA      | $3184793.99   | 0.16%             | 2028-02-15      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| AREIT CRE Trust                        | AREIT 2024-CRE9 Ltd                                                   | CUSIP: 00193AAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3200000 | PA      | $3199251.20   | 0.16%             | 2041-05-17      | Floating      | 6.01%                 | No            |                  2 | On Loan: No      |
| BMW Canada Auto Trust                  | BMW Canada Auto Trust                                                 | CUSIP: 05570XCK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | CA        |    140423 | PA      | $102393.98    | 0.01%             | 2026-04-20      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-23

**Name of Applicant:** PAYDEN & RYGEL INVESTMENT GROUP

**Signature:** Sandi Brents

**Name of Signer:** Sandi Brents

**Title:** Compliance Officer