# EDGAR Filing Document

**Accession Number:** 0000809981
**File Stem:** 0000940400-26-007495
**Filing Date:** 2026-2
**Character Count:** 83486
**Document Hash:** 4ca54a2c2060cc24518c99d37a7e0add
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-007495.hdr.sgml**: 20260225

**ACCESSION NUMBER**: 0000940400-26-007495

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260225

**DATE AS OF CHANGE**: 20260225

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SIT U S GOVERNMENT SECURITIES FUND INC
- **CENTRAL INDEX KEY:** 0000809981

**ORGANIZATION NAME:**
- **EIN:** 411570831
- **STATE OF INCORPORATION:** MN
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04995
- **FILM NUMBER:** 26675522

**BUSINESS ADDRESS:**
- **STREET 1:** 3300 IDS CTR 80 S 8TH ST
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402
- **BUSINESS PHONE:** 6123323223

**MAIL ADDRESS:**
- **STREET 1:** 3300 IDS CENTER, 80 SOUTH EIGHTH  ST
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402-4130

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SIT NEW BEGINNING U S GOVERNMENT SECURITIES FUND INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NEW BEGINNING U S GOVERNMENT SECURITIES FUND INC
- **DATE OF NAME CHANGE:** 19870601

## Series and Classes Contracts Data

### SIT U S GOVERNMENT SECURITIES FUND INC (Series ID: S000011654)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000032004 | Sit U.S. Government Securities Fund - Class S | SNGVX           |
| C000217198 | Sit U.S. Government Securities Fund - Class Y | SNGYX           |

## Nport-Ex

**SCHEDULE OF INVESTMENTS (Unaudited)** 

December 31, 2025

**Sit U.S. Government Securities Fund** 

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount ($)** | **Coupon Rate (%)** | **Maturity<br>Date** | **Fair<br> Value ($)** |
|  **Mortgage Pass-Through Securities - 20.1%** | **Mortgage Pass-Through Securities - 20.1%** | **Mortgage Pass-Through Securities - 20.1%** | **Mortgage Pass-Through Securities - 20.1%** |
|  **Federal Home Loan Mortgage Corporation - 7.2%** | **Federal Home Loan Mortgage Corporation - 7.2%** | **Federal Home Loan Mortgage Corporation - 7.2%** | **Federal Home Loan Mortgage Corporation - 7.2%** |
| 205868 | 2.00 | 8/1/41 | 179289 |
| 923411 | 4.50 | 7/1/52 | 908843 |
| 2152175 | 4.50 | 2/1/55 | 2104157 |
| 286603 | 5.00 | 5/1/42 | 292225 |
| 410975 | 5.50 | 9/1/52 | 421293 |
| 39687 | 5.82 | 10/1/37 | 41581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2669151 | 6.00 | 11/1/38 | 2772513 |
| 303694 | 6.00 | 6/1/52 | 316064 |
| 763556 | 6.00 | 2/1/54 | 774764 |
| 1285823 | 6.50 | 11/1/53 | 1337255 |
| 53346 | 6.88 | 2/17/31 | 54665 |
| 1843825 | 7.00 | 10/1/37 | 1957953 |
| 1053909 | 7.00 | 10/1/38 | 1124546 |
| 885059 | 7.00 | 3/1/39 | 942422 |
| 1231495 | 7.00 | 11/1/53 | 1296710 |
| 33550 | 8.50 | 3/1/31 | 35092 |
| 951 | 9.00 | 5/1/31 | 979 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14560351 |
|  **Federal National Mortgage Association - 9.4%** | **Federal National Mortgage Association - 9.4%** | **Federal National Mortgage Association - 9.4%** | **Federal National Mortgage Association - 9.4%** |
| 138223 | 3.50 | 10/1/34 | 135120 |
| 2217162 | 4.00 | 4/1/54 | 2106609 |
| 4156842 | 4.50 | 7/1/52 | 4074643 |
| 5033646 | 4.50 | 9/1/52 | 4940091 |
| 4104721 | 4.50 | 3/1/55 | 4013138 |
| 1432823 | 5.00 | 7/1/52 | 1422456 |
| 654066 | 5.93 | 5/1/35 | 652291 |
| 46688 | 6.00 | 5/1/37 | 47875 |
| 34130 | 6.00 | 9/1/37 | 34485 |
| 951462 | 6.00 | 2/1/54 | 964264 |
| 11223 | 6.50 | 8/1/34 | 11409 |
| 50720 | 7.00 | 7/1/33 | 51681 |
| 406151 | 7.00 | 9/1/47 | 428131 |
| 32183 | 8.00 | 11/1/37 | 32565 |
| 13534 | 8.20 | 11/15/31 | 13711 |
| 219 | 8.46 | 7/20/30 | 221 |
| 3789 | 9.00 | 5/15/28 | 3789 |
| 12162 | 9.00 | 7/1/31 | 12368 |
|  |  |  | 18944847 |
|  **Government National Mortgage Association - 3.5%** | **Government National Mortgage Association - 3.5%** | **Government National Mortgage Association - 3.5%** | **Government National Mortgage Association - 3.5%** |
| 386191 | 5.00 | 7/20/49 | 388060 |
| 230512 | 5.50 | 5/20/40 | 238133 |
| 561260 | 5.50 | 8/20/62 | 566262 |
| 1898005 | 6.00 | 12/20/52 | 1959445 |
| 1763912 | 6.00 | 8/20/62 | 1793634 |
| 6925 | 6.50 | 12/20/38 | 6913 |
| 1960942 | 7.00 | 12/20/52 | 2030579 |
|  |  |  | 6983026 |
|  **Total Mortgage Pass-Through Securities** | **Total Mortgage Pass-Through Securities** | **Total Mortgage Pass-Through Securities** | 40488224 |
| &nbsp;&nbsp;&nbsp;&nbsp; **(cost: $40,112,946)** | &nbsp;&nbsp;&nbsp;&nbsp; **(cost: $40,112,946)** | &nbsp;&nbsp;&nbsp;&nbsp; **(cost: $40,112,946)** |  |
|  **U.S. Treasury / Federal Agency Securities - 3.5%** | **U.S. Treasury / Federal Agency Securities - 3.5%** | **U.S. Treasury / Federal Agency Securities - 3.5%** | **U.S. Treasury / Federal Agency Securities - 3.5%** |
|  U.S. Treasury Bonds: | U.S. Treasury Bonds: |  |  |
| 2850000 | 3.63 | 2/15/53 | 2317740 |
|  U.S. Treasury Notes: | U.S. Treasury Notes: |  |  |
| 2300000 | 4.25 | 1/31/30 | 2352738 |
| 1800000 | 4.25 | 11/15/34 | 1822571 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Principal**<br> **Amount ($)** | **Coupon Rate (%)** | **Maturity<br>Date** | **Fair<br> Value ($)** |
| 600000 | 4.38 | 5/15/34 | 614297 |
|  **Total U.S. Treasury / Federal Agency Securities** | **Total U.S. Treasury / Federal Agency Securities** | **Total U.S. Treasury / Federal Agency Securities** | 7107346 |
| &nbsp;&nbsp;&nbsp;&nbsp; **(cost: $7,354,355)** | &nbsp;&nbsp;&nbsp;&nbsp; **(cost: $7,354,355)** | &nbsp;&nbsp;&nbsp;&nbsp; **(cost: $7,354,355)** |  |
|  **Collateralized Mortgage Obligations - 74.0%** | **Collateralized Mortgage Obligations - 74.0%** | **Collateralized Mortgage Obligations - 74.0%** | **Collateralized Mortgage Obligations - 74.0%** |
|  **Federal Home Loan Mortgage Corporation - 18.0%** | **Federal Home Loan Mortgage Corporation - 18.0%** | **Federal Home Loan Mortgage Corporation - 18.0%** | **Federal Home Loan Mortgage Corporation - 18.0%** |
| 895972 | 4.60 | 7/25/32 <sup>1</sup> | 846901 |
| 822065 | 5.00 | 10/25/48 | 823735 |
| 1456902 | 5.00 | 2/25/51 | 1444765 |
| 3049248 | 5.00 | 8/25/51 | 3053359 |
| 1594550 | 5.00 | 4/25/52 | 1595276 |
| 2255111 | 5.00 | 5/25/53 | 2264918 |
| 4702475 | 5.00 | 11/25/50 <sup>1</sup> | 4590819 |
| 2071576 | 5.23 | 5/25/43 | 1977518 |
| 1566509 | 5.50 | 6/25/48 | 1585265 |
| 1285220 | 5.50 | 11/25/50 | 1295989 |
| 3897890 | 5.50 | 6/25/51 | 3989058 |
| 304410 | 6.00 | 4/15/30 | 313516 |
| 782567 | 6.00 | 6/15/37 | 834992 |
| 776520 | 6.00 | 9/15/42 | 795223 |
| 2248681 | 6.00 | 9/25/52 | 2349374 |
| 228510 | 6.50 | 6/25/32 | 231096 |
| 258357 | 6.50 | 8/15/39 | 277326 |
| 739824 | 6.50 | 2/25/43 | 743946 |
| 675067 | 6.50 | 10/25/43 | 696925 |
| 1291373 | 6.50 | 8/15/45 | 1426867 |
| 600000 | 7.00 | 12/15/40 | 666803 |
| 1168651 | 7.00 | 3/25/43 | 1247437 |
| 1775392 | 7.00 | 7/25/43 | 1887388 |
| 820703 | 7.00 | 3/15/49 | 885467 |
| 445593 | 7.50 | 9/25/43 | 465503 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36289466 |
|  **Federal National Mortgage Association - 16.9%** | **Federal National Mortgage Association - 16.9%** | **Federal National Mortgage Association - 16.9%** | **Federal National Mortgage Association - 16.9%** |
| 47230 | 4.00 | 7/25/40 | 47158 |
| 1474097 | 5.00 | 7/25/33 | 1479863 |
| 2852392 | 5.00 | 11/25/50 | 2811457 |
| 3014589 | 5.00 | 12/25/50 | 3051047 |
| 340925 | 5.00 | 1/25/51 | 343835 |
| 1719486 | 5.00 | 3/25/55 | 1718382 |
| 1145245 | 5.25 | 8/25/49 | 1152292 |
| 333649 | 5.36 | 6/25/42 | 343403 |
| 460702 | 5.50 | 6/25/40 | 477118 |
| 554255 | 5.50 | 1/25/49 | 557669 |
| 1060018 | 5.62 | 11/25/33 | 1067884 |
| 277329 | 5.75 | 8/25/33 | 282381 |
| 68415 | 6.00 | 11/25/32 | 71433 |
| 408373 | 6.00 | 9/25/35 | 429791 |
| 381353 | 6.00 | 10/25/36 | 397594 |
| 941816 | 6.00 | 11/25/43 | 968283 |
| 1508780 | 6.00 | 6/25/44 | 1556282 |
| 332627 | 6.00 | 8/25/44 | 342784 |
| 1450000 | 6.00 | 10/25/53 | 1503316 |
| 1666156 | 6.50 | 11/25/41 | 1703010 |
| 885400 | 6.50 | 7/25/42 | 928903 |
| 1560159 | 6.50 | 12/25/43 | 1614556 |
| 703759 | 6.57 | 9/25/37 <sup>1</sup> | 704542 |
| 326232 | 6.65 | 8/25/37 <sup>1</sup> | 330911 |
| 243404 | 6.75 | 4/25/37 | 247837 |
| 739710 | 7.00 | 12/25/33 | 779044 |
| 565798 | 7.00 | 6/19/41 <sup>1</sup> | 575256 |

---

**DECEMBER 31, 2025**<sub>1</sub>

------

**SCHEDULE OF INVESTMENTS (Unaudited)** 

December 31, 2025

**Sit U.S. Government Securities Fund (Continued)** 

---

| | | | |
|:---|:---|:---|:---|
| **Principal**<br> **Amount ($)** | **Coupon Rate (%)** | **Maturity<br>Date** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Fair**<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Value ($)** |
| 799917 | 7.00 | 12/25/41 | 838313 |
| 564498 | 7.00 | 7/25/42 | 593579 |
| 449902 | 7.00 | 2/25/44 | 464372 |
| 534830 | 7.00 | 4/25/49 | 577022 |
| 205658 | 7.50 | 10/25/40 | 207227 |
| 730854 | 7.50 | 11/25/40 | 736690 |
| 993217 | 7.50 | 7/25/41 | 1042599 |
| 254123 | 7.50 | 1/25/42 | 271083 |
| 423707 | 7.50 | 5/25/42 | 454053 |
| 505584 | 7.50 | 2/25/44 | 515533 |
| 314066 | 7.50 | 5/25/44 | 341132 |
| 2149995 | 7.50 | 1/25/48 | 2303136 |
| 20678 | 8.09 | 10/25/42<sup>1</sup> | 22530 |
| 104014 | 8.50 | 6/25/30 | 111164 |
| 6712 | 19.03 | 3/25/39<sup>1</sup> | 8285 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33972749 |
|  **Government National Mortgage Association - 39.0%** | **Government National Mortgage Association - 39.0%** | **Government National Mortgage Association - 39.0%** |  |
| 1888165 | 4.73 | 5/20/51<sup>1</sup> | 1834903 |
| 1931428 | 4.75 | 5/20/51<sup>1</sup> | 1871528 |
| 4199047 | 4.78 | 8/20/51<sup>1</sup> | 4100595 |
| 720178 | 5.00 | 8/20/48 | 719808 |
| 3380128 | 5.00 | 1/20/51 | 3374156 |
| 6016398 | 5.00 | 2/20/51 | 5990110 |
| 410060 | 5.00 | 6/20/52 | 410504 |
| 825744 | 5.50 | 12/20/49 | 829771 |
| 3137422 | 5.50 | 12/20/50 | 3230703 |
| 2621220 | 5.50 | 1/20/51 | 2694303 |
| 1427931 | 5.50 | 4/20/51 | 1482412 |
| 10724777 | 5.50 | 5/20/51 | 11063069 |
| 11115695 | 5.50 | 6/20/51 | 11432364 |
| 13648318 | 5.50 | 7/20/51 | 14011576 |
| 1164304 | 5.50 | 10/20/51 | 1196804 |
| 993446 | 5.50 | 12/20/51 | 1008096 |
| 6313204 | 5.91 | 2/20/51<sup>1</sup> | 6545326 |
| 216346 | 6.00 | 12/20/35 | 222605 |
| 209039 | 6.00 | 3/20/48 | 218008 |
| 1165688 | 6.00 | 3/20/49 | 1198991 |
| 337980 | 6.00 | 5/20/49 | 351991 |
| 1692993 | 6.50 | 8/20/48 | 1754442 |
| 744087 | 6.50 | 10/20/48 | 799624 |
| 682924 | 6.50 | 1/20/49 | 733151 |
| 313188 | 6.50 | 3/20/54 | 321663 |
| 793123 | 7.00 | 11/20/48 | 839354 |
| 231220 | 7.06 | 2/20/45<sup>1</sup> | 248665 |
|  |  |  | 78484522 |
|  **Vendee Mortgage Trust - 0.1%** | **Vendee Mortgage Trust - 0.1%** |  |  |
| 280197 | 6.37 | 7/15/30<sup>1</sup> | 287003 |
|  |  |  | 287003 |
|  **Total Collateralized Mortgage Obligations** | **Total Collateralized Mortgage Obligations** |  | 149033740 |
| &nbsp;&nbsp;&nbsp;&nbsp; **(cost: $156,905,850)** | &nbsp;&nbsp;&nbsp;&nbsp; **(cost: $156,905,850)** |  |  |
|  **Asset-Backed Securities - 0.6%** | **Asset-Backed Securities - 0.6%** |  |  |
|  **Federal Home Loan Mortgage Corporation - 0.1%** | **Federal Home Loan Mortgage Corporation - 0.1%** | **Federal Home Loan Mortgage Corporation - 0.1%** | **Federal Home Loan Mortgage Corporation - 0.1%** |
| 166210 | 7.16 | 7/25/29 | 169118 |
|  |  |  | 169118 |
|  **Federal National Mortgage Association - 0.5%** | **Federal National Mortgage Association - 0.5%** | **Federal National Mortgage Association - 0.5%** | **Federal National Mortgage Association - 0.5%** |
|  | SOFRRATE 30 Day |  |  |
| 2678 | Average + 0.45%, 4.16 | 11/25/32<sup>1</sup> | 2626 |
| 198943 | 4.54 | 9/26/33<sup>14</sup> | 196192 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Principal**<br> **Amount ($)** | **Coupon Rate (%)** | **Maturity**<br> **Date** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Fair**<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Value ($)** |
| 55748 | 4.91 | 10/25/33<sup>14</sup> | 57033 |
| 706993 | 5.31 | 2/25/33<sup>14</sup> | 720388 |
| 200 | 6.00 | 5/25/32<sup>14</sup> | 202 |
|  |  |  | 976441 |
|  **Total Asset-Backed Securities** | **Total Asset-Backed Securities** |  | 1145559 |
| &nbsp;&nbsp;&nbsp;&nbsp; **(cost: $1,146,197)** | &nbsp;&nbsp;&nbsp;&nbsp; **(cost: $1,146,197)** |  |  |
|  **Put Options Purchased 19 - 0.0%** | **Put Options Purchased 19 - 0.0%** |  | 61172 |
| &nbsp;&nbsp;&nbsp;&nbsp; **(cost: $66,833)** | &nbsp;&nbsp;&nbsp;&nbsp; **(cost: $66,833)** |  |  |
| **Quantity** | **Name of<br>Issuer** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Fair**<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Value ($)** |
|  **Short-Term Securities - 1.5%** | **Short-Term Securities - 1.5%** |  |  |
| 2961221 | Fidelity Inv. Money Mkt. Gvt. Fund, 3.67% | Fidelity Inv. Money Mkt. Gvt. Fund, 3.67% | 2961221 |
| &nbsp;&nbsp;&nbsp;&nbsp; **(cost: $2,961,221)** | &nbsp;&nbsp;&nbsp;&nbsp; **(cost: $2,961,221)** |  |  |
|  **Total Investments in Securities - 99.7%** | **Total Investments in Securities - 99.7%** | **Total Investments in Securities - 99.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; **(cost: $208,547,402)** | &nbsp;&nbsp;&nbsp;&nbsp; **(cost: $208,547,402)** |  | 200797262 |
|  **Other Assets and Liabilities -0.3%** | **Other Assets and Liabilities -0.3%** |  | 637323 |
|  **Net Assets - 100.0%** | **Net Assets - 100.0%** |  | $201434585 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| 1 | Variable rate security. Rate disclosed is as of December 31, 2025. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions, or, for mortgage-backed securities, are impacted by the individual mortgages which are paying off over time. These securities do not indicate a reference rate and spread in their descriptions.  |

---

14 Step Coupon: A bond that pays a coupon rate that increases on a specified date(s). Rate disclosed is as of December 31, 2025.

Numeric footnotes not disclosed are not applicable to this Schedule of Investments.

**2**

------

**SCHEDULE OF INVESTMENTS (Unaudited)** 

December 31, 2025

**Sit U.S. Government Securities Fund (Continued)** 

19 Options outstanding as of December 31, 2025 were as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Contracts** | **Exercise<br>Price ($)** | **Expiration Date** | **Counterparty** | **Notional<br>Amount ($)** | **Cost/<br>Premiums ($)** | **Value ($)** |
|  Put Options Purchased - U.S. Treasury Futures: | Put Options Purchased - U.S. Treasury Futures: | Put Options Purchased - U.S. Treasury Futures: | Put Options Purchased - U.S. Treasury Futures: |  |  |  |  |
|  5-Year | 135 | 109.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;February 2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;StoneX Financial, Inc. | 14748750 | 66833 | 61172 |

---

A summary of the levels for the Fund's investments as of December 31, 2025 is as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | | **Investment in Securities** | **Investment in Securities** | **Investment in Securities** |
|  | **Level 1** <br> Quoted <br> Prices ($) | **Level 2**<br> Other significant<br>observable inputs ($) | **Level 3**<br> Significant<br> unobservable inputs ($)  | Total ($) |
| &nbsp;&nbsp;&nbsp;&nbsp; Mortgage Pass-Through Securities |  | 40488224 |  | 40488224 |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury / Federal Agency Securities |  | 7107346 |  | 7107346 |
| &nbsp;&nbsp;&nbsp;&nbsp; Collateralized Mortgage Obligations |  | 149033740 |  | 149033740 |
| &nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 1145559 |  | 1145559 |
| &nbsp;&nbsp;&nbsp;&nbsp; Put Options Purchased | 61172 |  |  | 61172 |
| &nbsp;&nbsp;&nbsp;&nbsp; Short-Term Securities | 2961221 |  |  | 2961221 |
|  Total: | 3022393 | 197774869 |  | 200797262 |

---

There were no transfers into or out of level 3 during the reporting period.

For additional information about significant accounting policies, including valuation of investments, refer to the Fund's most recent annual report.

 DECEMBER 31, 2025<sub>3</sub>

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** SIT U S GOVERNMENT SECURITIES FUND INC

- **b. Investment Company Act file number:** 811-04995

- **c. CIK number of Registrant:** 0000809981

- **d. LEI of Registrant:** 254900MGQV5RVCBUFN27

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

  - **Street Address 1:** 80 S. Eighth Street

  - **City:** Minneapolis

  - **State:** MN

  - **Foreign country:** US

  - **Zip / Postal Code:** 55402

  - **Telephone number:** 612-332-3223

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

- **a. Name of Series:** Sit U S Government Securities Fund Inc

- **b. EDGAR series identifier (if any):** S000011654

- **c. LEI of Series:** 254900MGQV5RVCBUFN27

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

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

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

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $201787024.14

**Total Liabilities:** $851064.86

**Net Assets:** $200935959.28

**Cash Not Reported:** $97697.82

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 71.84783000 | **1-Year:** 9332.17266000 | **5-Year:** 62356.39473000 | **10-Year:** 21126.05100000 | **30-Year:** 132.17233000

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

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

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000032004 | 0.42%                | 0.87%                | -0.05%               |
| Class ID C000217198 | 0.44%                | 0.89%                | 0.07%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-74321.67               | $333910.96                                 |
| Month 2  | $-55872.97               | $1188500.06                                |
| Month 3  | $-86131.72               | $-726935.05                                |

**Designated Index Information**

- **Index Name:** U.S. Government: Intermediate

- **Index Identifier:** I00046US-USD

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | 5 YEAR U.S. TREASURY NOTE                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       135 | NC      | $61171.88     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Vendee Mortgage Trust                       | Vendee Mortgage Trust 2000-3                     | CUSIP: 911760PD2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    280197 | PA      | $287003.54    | 0.14%             | 2030-07-15      | Variable      | 6.37%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through               | Freddie Mac Structured Pass-Through Certificates | CUSIP: 31394JD95<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1775392 | PA      | $1887387.86   | 0.94%             | 2043-07-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae REMICS                                | CUSIP: 31394FFA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    408373 | PA      | $429790.88    | 0.21%             | 2035-09-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382WXZ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4199047 | PA      | $4100595.30   | 2.04%             | 2051-08-20      | Variable      | 4.78%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                     | Fannie Mae Grantor Trust 2002-T4                 | CUSIP: 31392B6U5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    799917 | PA      | $838313.00    | 0.42%             | 2041-12-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382MSV2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2621220 | PA      | $2694303.32   | 1.34%             | 2051-01-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae REMICS                                | CUSIP: 31397SVY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     68415 | PA      | $71433.12     | 0.04%             | 2032-11-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                        | Fannie Mae Trust 2003-W6                         | CUSIP: 31393BX59<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     20678 | PA      | $22530.05     | 0.01%             | 2042-10-25      | Variable      | 8.09%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Ginnie Mae II Pool                               | CUSIP: 3622ADUF3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1763912 | PA      | $1793634.09   | 0.89%             | 2062-08-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382QRG7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5737604 | PA      | $5915645.73   | 2.94%             | 2051-05-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382NJP3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3333939 | PA      | $3318061.94   | 1.65%             | 2051-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae REMICS                                | CUSIP: 3136BCZS2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2852392 | PA      | $2811456.72   | 1.40%             | 2050-11-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac REMICS                               | CUSIP: 3137FFNG8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4702475 | PA      | $4590818.61   | 2.28%             | 2050-11-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae REMICS                                | CUSIP: 31392CAW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    254123 | PA      | $271083.04    | 0.13%             | 2042-01-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38381RYN3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    756606 | PA      | $789160.01    | 0.39%             | 2049-03-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae Pool                                  | CUSIP: 31381D2Q7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       219 | PA      | $221.19       | 0.00%             | 2030-07-20      | Fixed         | 8.46%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac Gold Pool                            | CUSIP: 3132H3P72<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    286603 | PA      | $292224.87    | 0.15%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38381RPL7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    744087 | PA      | $799624.09    | 0.40%             | 2048-10-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38384HRU4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    993446 | PA      | $1008095.99   | 0.50%             | 2051-12-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae Pool                                  | CUSIP: 31418EHK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5033646 | PA      | $4940091.44   | 2.46%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                     | Fannie Mae Grantor Trust 2000-T6                 | CUSIP: 31358SR37<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    730854 | PA      | $736689.66    | 0.37%             | 2040-11-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Ginnie Mae II Pool                               | CUSIP: 3617FMRB1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    561260 | PA      | $566261.49    | 0.28%             | 2062-08-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382QPX2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1931428 | PA      | $1871528.16   | 0.93%             | 2051-05-20      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                        | Fannie Mae REMIC Trust 2002-W12                  | CUSIP: 31392GSN6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    706993 | PA      | $720387.62    | 0.36%             | 2033-02-25      | Variable      | 5.31%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac REMICS                               | CUSIP: 3137A3YZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    600000 | PA      | $666802.68    | 0.33%             | 2040-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac Pool                                 | CUSIP: 3132DPS58<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    923411 | PA      | $908842.91    | 0.45%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                             | United States Treasury Note/Bond                 | CUSIP: 91282CLW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1800000 | PA      | $1822570.31   | 0.91%             | 2034-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                        | Fannie Mae Trust 2003-W3                         | CUSIP: 31392JYQ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    333649 | PA      | $343402.53    | 0.17%             | 2042-06-25      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae REMICS                                | CUSIP: 3136BUZ29<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1719486 | PA      | $1718382.22   | 0.86%             | 2055-03-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382MUT4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2972062 | PA      | $2966326.54   | 1.48%             | 2051-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae Pool                                  | CUSIP: 3138EN6G9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    138223 | PA      | $135119.89    | 0.07%             | 2034-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac Pool                                 | CUSIP: 3132DWJX2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1231495 | PA      | $1296709.82   | 0.65%             | 2053-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382QRJ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    652447 | PA      | $678837.35    | 0.34%             | 2051-05-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382NJU2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    114986 | PA      | $113769.67    | 0.06%             | 2051-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382LTE1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3137422 | PA      | $3230703.16   | 1.61%             | 2050-12-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Ginnie Mae II Pool                               | CUSIP: 3617KCC49<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    386191 | PA      | $388060.11    | 0.19%             | 2049-07-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38384JXP4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    720178 | PA      | $719808.51    | 0.36%             | 2048-08-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                        | Fannie Mae REMIC Trust 2004-W11                  | CUSIP: 31394AB62<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    314066 | PA      | $341131.50    | 0.17%             | 2044-05-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382TZQ0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    991242 | PA      | $1020645.40   | 0.51%             | 2051-06-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae REMICS                                | CUSIP: 3136BC5P1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3014589 | PA      | $3051046.49   | 1.52%             | 2050-12-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae Pool                                  | CUSIP: 31402RXW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     50720 | PA      | $51680.71     | 0.03%             | 2033-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae REMICS                                | CUSIP: 31398NY24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     47230 | PA      | $47158.25     | 0.02%             | 2040-07-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac REMICS                               | CUSIP: 3137HK6M1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3049248 | PA      | $3053358.74   | 1.52%             | 2051-08-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae REMICS                                | CUSIP: 3136BQXC8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    554255 | PA      | $557669.30    | 0.28%             | 2049-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through               | Freddie Mac Structured Pass-Through Certificates | CUSIP: 3133TL4S4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    166210 | PA      | $169117.87    | 0.08%             | 2029-07-25      | Fixed         | 7.16%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                     | Fannie Mae Grantor Trust 2004-T3                 | CUSIP: 31393YU86<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    505584 | PA      | $515533.24    | 0.26%             | 2044-02-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                        | Fannie Mae Trust 2003-W19                        | CUSIP: 31393UA60<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1060018 | PA      | $1067884.00   | 0.53%             | 2033-11-25      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382WKZ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3833349 | PA      | $3967545.09   | 1.97%             | 2051-07-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac Gold Pool                            | CUSIP: 3128LXL73<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       951 | PA      | $979.14       | 0.00%             | 2031-05-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through               | Freddie Mac Structured Pass-Through Certificates | CUSIP: 31393LFK4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    739824 | PA      | $743945.90    | 0.37%             | 2043-02-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                        | Fannie Mae REMIC Trust 2002-W11                  | CUSIP: 31392EW63<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      2678 | PA      | $2626.11      | 0.00%             | 2032-11-25      | Floating      | 4.16%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                        | Fannie Mae REMIC Trust 2002-W3                   | CUSIP: 31392CT61<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1666156 | PA      | $1703010.40   | 0.85%             | 2041-11-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382TZP2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3376419 | PA      | $3474527.28   | 1.73%             | 2051-06-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae Pool                                  | CUSIP: 31418FHW0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4104721 | PA      | $4013138.09   | 2.00%             | 2055-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                        | Fannie Mae REMIC Trust 2007-W8                   | CUSIP: 31396XVY7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    703759 | PA      | $704542.25    | 0.35%             | 2037-09-25      | Variable      | 6.57%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac Gold Pool                            | CUSIP: 31335AVM7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1843824 | PA      | $1957953.01   | 0.97%             | 2037-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                     | Fannie Mae Grantor Trust 2001-T5                 | CUSIP: 31359SX96<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    565798 | PA      | $575255.96    | 0.29%             | 2041-06-19      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through               | Freddie Mac Structured Pass-Through Certificates | CUSIP: 31392MEJ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    228510 | PA      | $231095.90    | 0.12%             | 2032-06-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                     | Fannie Mae Grantor Trust 2004-T2                 | CUSIP: 31393X7A9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    941816 | PA      | $968283.25    | 0.48%             | 2043-11-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae Pool                                  | CUSIP: 3140MSBY0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4156842 | PA      | $4074642.84   | 2.03%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac REMICS                               | CUSIP: 3137FFNE3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1456902 | PA      | $1444765.04   | 0.72%             | 2051-02-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                        | Fannie Mae Trust 2003-W2                         | CUSIP: 31392JAC3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    564498 | PA      | $593579.33    | 0.30%             | 2042-07-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                             | United States Treasury Note/Bond                 | CUSIP: 91282CMG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2300000 | PA      | $2352738.29   | 1.17%             | 2030-01-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac REMICS                               | CUSIP: 3137HCQ21<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    822065 | PA      | $823735.54    | 0.41%             | 2048-10-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38384HT65<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    410060 | PA      | $410503.60    | 0.20%             | 2052-06-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                     | Fannie Mae Grantor Trust 2001-T1                 | CUSIP: 31358S4W8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    205658 | PA      | $207227.09    | 0.10%             | 2040-10-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                        | Fannie Mae Trust 2003-W17                        | CUSIP: 31393UAK9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    277329 | PA      | $282380.71    | 0.14%             | 2033-08-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38380XX85<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1692993 | PA      | $1754441.60   | 0.87%             | 2048-08-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38380VQ87<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    209039 | PA      | $218007.74    | 0.11%             | 2048-03-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac Pool                                 | CUSIP: 3132D6FK1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2669151 | PA      | $2772512.62   | 1.38%             | 2038-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac REMICS                               | CUSIP: 3133TNS21<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    304410 | PA      | $313515.55    | 0.16%             | 2030-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae REMICS                                | CUSIP: 31392CR48<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2149995 | PA      | $2303135.71   | 1.15%             | 2048-01-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Ginnie Mae II Pool                               | CUSIP: 3622ADUH9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1898005 | PA      | $1959445.26   | 0.98%             | 2052-12-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac Pool                                 | CUSIP: 3133JMCA3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    763556 | PA      | $774763.85    | 0.39%             | 2054-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae REMICS                                | CUSIP: 31398RGF6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    460702 | PA      | $477117.77    | 0.24%             | 2040-06-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382UFP1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3732014 | PA      | $3821948.35   | 1.90%             | 2051-06-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac REMICS                               | CUSIP: 3137HCKY7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    663339 | PA      | $668897.57    | 0.33%             | 2050-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38384MHF7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    825744 | PA      | $829770.77    | 0.41%             | 2049-12-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae REMICS                                | CUSIP: 31359X3X5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    104014 | PA      | $111163.72    | 0.06%             | 2030-06-25      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382U2H3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5890217 | PA      | $6056090.17   | 3.01%             | 2051-07-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                        | Fannie Mae REMIC Trust 2007-W9                   | CUSIP: 31396W6T8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    326232 | PA      | $330911.39    | 0.16%             | 2037-08-25      | Variable      | 6.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae Pool                                  | CUSIP: 31405Q2Y3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11223 | PA      | $11408.88     | 0.01%             | 2034-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae Pool                                  | CUSIP: 31418E5B2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2217162 | PA      | $2106608.85   | 1.05%             | 2054-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac REMICS                               | CUSIP: 3137BLU48<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1291373 | PA      | $1426867.46   | 0.71%             | 2045-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through               | Freddie Mac Structured Pass-Through Certificates | CUSIP: 31393NTF6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1168651 | PA      | $1247437.50   | 0.62%             | 2043-03-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac REMICS                               | CUSIP: 3137H8X97<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2248681 | PA      | $2349373.92   | 1.17%             | 2052-09-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae Pool                                  | CUSIP: 31410GJ87<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    406151 | PA      | $428130.81    | 0.21%             | 2047-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382NLX3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2567473 | PA      | $2558278.05   | 1.27%             | 2051-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38384QFN3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    313188 | PA      | $321663.13    | 0.16%             | 2054-03-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38374MVH9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    216346 | PA      | $222605.49    | 0.11%             | 2035-12-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac Pool                                 | CUSIP: 3133KYVN6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    205868 | PA      | $179289.40    | 0.09%             | 2041-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                     | Fannie Mae Grantor Trust 2004-T3                 | CUSIP: 31393YU78<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    449902 | PA      | $464372.37    | 0.23%             | 2044-02-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382MUU1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    408066 | PA      | $407829.48    | 0.20%             | 2051-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                        | Fannie Mae Trust 2003-W2                         | CUSIP: 31392JAA7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    885400 | PA      | $928903.22    | 0.46%             | 2042-07-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac Gold Pool                            | CUSIP: 31335PLT0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     53346 | PA      | $54664.46     | 0.03%             | 2031-02-17      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382TT53<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2261271 | PA      | $2333787.26   | 1.16%             | 2051-06-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac REMICS                               | CUSIP: 3137HCKX9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    621880 | PA      | $627091.48    | 0.31%             | 2050-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                             | United States Treasury Note/Bond                 | CUSIP: 91282CKQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    600000 | PA      | $614296.87    | 0.31%             | 2034-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac Pool                                 | CUSIP: 3132DWJT1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1285823 | PA      | $1337255.39   | 0.67%             | 2053-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through               | Freddie Mac Structured Pass-Through Certificates | CUSIP: 31394JY50<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    445593 | PA      | $465502.85    | 0.23%             | 2043-09-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                             | United States Treasury Note/Bond                 | CUSIP: 912810TN8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2850000 | PA      | $2317740.24   | 1.15%             | 2053-02-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae Pool                                  | CUSIP: 31413TBB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     34130 | PA      | $34484.70     | 0.02%             | 2037-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through               | Freddie Mac Structured Pass-Through Certificates | CUSIP: 31392MEM0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    895972 | PA      | $846900.56    | 0.42%             | 2032-07-25      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac Gold Pool                            | CUSIP: 31335CLM4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    885059 | PA      | $942422.09    | 0.47%             | 2039-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38381AG34<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    793123 | PA      | $839353.82    | 0.42%             | 2048-11-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae Pool                                  | CUSIP: 31377UKR3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    654066 | PA      | $652291.34    | 0.32%             | 2035-05-01      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                        | Fannie Mae REMIC Trust 2002-W2                   | CUSIP: 31392CEN0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       200 | PA      | $202.55       | 0.00%             | 2032-05-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae REMICS                                | CUSIP: 3136BDJX7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    340925 | PA      | $343834.99    | 0.17%             | 2051-01-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382QQT0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2503127 | PA      | $2587900.35   | 1.29%             | 2051-05-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae REMICS                                | CUSIP: 3136BQG52<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1145245 | PA      | $1152292.45   | 0.57%             | 2049-08-25      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                     | Fannie Mae Grantor Trust 2003-T4                 | CUSIP: 31393AV61<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    198943 | PA      | $196191.80    | 0.10%             | 2033-09-26      | Variable      | 4.54%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38381RZG7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    409082 | PA      | $409831.34    | 0.20%             | 2049-03-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac Pool                                 | CUSIP: 3132DNYL1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    410975 | PA      | $421292.82    | 0.21%             | 2052-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                        | Fannie Mae REMIC Trust 2003-W13                  | CUSIP: 31393C7C1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     55748 | PA      | $57033.38     | 0.03%             | 2033-10-25      | Variable      | 4.91%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac REMICS                               | CUSIP: 3137APRB8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    258357 | PA      | $277325.93    | 0.14%             | 2039-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac REMICS                               | CUSIP: 3137FL2Y9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    820703 | PA      | $885466.73    | 0.44%             | 2049-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                        | Fannie Mae REMIC Trust 2007-W3                   | CUSIP: 31396VQB7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    243404 | PA      | $247836.81    | 0.12%             | 2037-04-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                        | Fannie Mae Trust 2004-W15                        | CUSIP: 31394BZ64<br>LEI: 549300KIT83OL5QXFU28 | Long             | ABS-MBS          | USGSE             | US        |    332627 | PA      | $342784.17    | 0.17%             | 2044-08-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Ginnie Mae II Pool                               | CUSIP: 36179XNK8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1960942 | PA      | $2030578.99   | 1.01%             | 2052-12-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae Pool                                  | CUSIP: 3140YXNP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    951462 | PA      | $964263.77    | 0.48%             | 2054-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382UHV6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    754748 | PA      | $781455.91    | 0.39%             | 2051-06-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac REMICS                               | CUSIP: 3137H0K23<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3897890 | PA      | $3989058.41   | 1.99%             | 2051-06-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                        | Fannie Mae Trust 2004-W1                         | CUSIP: 31393U4Q3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    739710 | PA      | $779043.46    | 0.39%             | 2033-12-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382WKV8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3924751 | PA      | $3987940.39   | 1.98%             | 2051-07-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae Pool                                  | CUSIP: 31381D5R2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     13534 | PA      | $13710.74     | 0.01%             | 2031-11-15      | Fixed         | 8.20%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through               | Freddie Mac Structured Pass-Through Certificates | CUSIP: 31393RGG9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2071576 | PA      | $1977518.36   | 0.98%             | 2043-05-25      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae Pool                                  | CUSIP: 31419GEL4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     32183 | PA      | $32565.27     | 0.02%             | 2037-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac REMICS                               | CUSIP: 3137HBK52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1566509 | PA      | $1585264.81   | 0.79%             | 2048-06-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae REMICS                                | CUSIP: 3136BQMR7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1450000 | PA      | $1503315.63   | 0.75%             | 2053-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac Pool                                 | CUSIP: 3132DWNV1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2152175 | PA      | $2104157.05   | 1.05%             | 2055-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae Pool                                  | CUSIP: 3140MF3U5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1432823 | PA      | $1422456.55   | 0.71%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                        | Fannie Mae REMIC Trust 2002-W4                   | CUSIP: 31392DUA8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    423707 | PA      | $454052.72    | 0.23%             | 2042-05-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fidelity Government Portfolio               | Fidelity Government Portfolio                    | CUSIP: 316175108<br>LEI: 549300FQDFZGLUOCWN51 | Long             | STIV             | RF                | US        |   2863523 | NS      | $2863523.35   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage A              | Ginnie Mae II Pool                               | CUSIP: 3622A2ZC9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    230512 | PA      | $238133.36    | 0.12%             | 2040-05-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Reference Remic                 | Freddie Mac Reference REMIC                      | CUSIP: 31397HPD4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    782566 | PA      | $834992.43    | 0.42%             | 2037-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac Gold Pool                            | CUSIP: 31286DJ51<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     39687 | PA      | $41581.10     | 0.02%             | 2037-10-01      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac REMICS                               | CUSIP: 3137HHCT6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1594550 | PA      | $1595276.42   | 0.79%             | 2052-04-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac REMICS                               | CUSIP: 3137HMYH7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2255111 | PA      | $2264918.15   | 1.13%             | 2053-05-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac Gold Pool                            | CUSIP: 3128M9NG3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1053909 | PA      | $1124546.08   | 0.56%             | 2038-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38381BLR3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    682924 | PA      | $733151.44    | 0.36%             | 2049-01-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae REMICS                                | CUSIP: 3136B4DK1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    534830 | PA      | $577022.37    | 0.29%             | 2049-04-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddiemac Strip                            | Freddie Mac Strips                               | CUSIP: 3128HX6A8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    776520 | PA      | $795222.75    | 0.40%             | 2042-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38383CPF1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1164304 | PA      | $1196803.83   | 0.60%             | 2051-10-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae REMICS                                | CUSIP: 31397NHK4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6712 | PA      | $8284.54      | 0.00%             | 2039-03-25      | Variable      | 19.03%                | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae REMICS                                | CUSIP: 3136BNGH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1474097 | PA      | $1479862.50   | 0.74%             | 2033-07-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac Pool                                 | CUSIP: 3133BDXE0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    303694 | PA      | $316063.46    | 0.16%             | 2052-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                        | Fannie Mae Trust 2004-W1                         | CUSIP: 31393U4N0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1560159 | PA      | $1614555.89   | 0.80%             | 2043-12-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382QQF0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1888165 | PA      | $1834902.87   | 0.91%             | 2051-05-20      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38379LAT3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    231220 | PA      | $248664.57    | 0.12%             | 2045-02-20      | Variable      | 7.06%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae REMICS                                | CUSIP: 31396X5L4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    381353 | PA      | $397594.35    | 0.20%             | 2036-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38381VMS6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    337980 | PA      | $351991.09    | 0.18%             | 2049-05-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                        | Fannie Mae Trust 2004-W8                         | CUSIP: 31394ALH7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1508780 | PA      | $1556282.29   | 0.77%             | 2044-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382NJZ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   6313204 | PA      | $6545325.72   | 3.26%             | 2051-02-20      | Variable      | 5.91%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through               | Freddie Mac Structured Pass-Through Certificates | CUSIP: 31394PPQ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    675067 | PA      | $696924.75    | 0.35%             | 2043-10-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                     | Fannie Mae Grantor Trust 2001-T4                 | CUSIP: 31359SR69<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    993217 | PA      | $1042599.40   | 0.52%             | 2041-07-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382QJP6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1427931 | PA      | $1482411.73   | 0.74%             | 2051-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae Pool                                  | CUSIP: 31381D2B0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3788 | PA      | $3788.92      | 0.00%             | 2028-05-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Ginnie Mae II Pool                               | CUSIP: 36202EYG8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      6925 | PA      | $6913.02      | 0.00%             | 2038-12-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association         | CUSIP: 38382QNX4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1831599 | PA      | $1880685.84   | 0.94%             | 2051-05-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae Pool                                  | CUSIP: 31412FT37<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     46688 | PA      | $47875.28     | 0.02%             | 2037-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac Gold Pool                            | CUSIP: 31297EYR1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     33550 | PA      | $35092.39     | 0.02%             | 2031-03-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae Pool                                  | CUSIP: 31390AGJ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     12162 | PA      | $12367.83     | 0.01%             | 2031-07-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-24

**Name of Applicant:** SIT U.S. GOVERNMENT SECURITIES FUND, INC.

**Signature:** Paul Rasmussen

**Name of Signer:** Paul Rasmussen

**Title:** VP, Treasurer & Chief Compliance Officer