# EDGAR Filing Document

**Accession Number:** 0001738078
**File Stem:** 0002071691-25-007639
**Filing Date:** 2025-11
**Character Count:** 120600
**Document Hash:** 6f940c9091720445b4e6ed53ac8d799b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-007639.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0002071691-25-007639

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20251231

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23339
- **FILM NUMBER:** 251526962

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

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

## Series and Classes Contracts Data

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

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

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

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

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

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

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

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

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

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

- **b. Date as of which information is reported:** 2025-09-30

**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:** $2157562759.82

**Total Liabilities:** $342620904.73

**Net Assets:** $1814941855.09

**Amount of Assets Invested in Other Investment Companies:** $459902.46

**Cash Not Reported:** $16370423.98

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 10090.58000000 | **1-Year:** 1692.93000000 | **5-Year:** 51447.81000000 | **10-Year:** 11228.59000000 | **30-Year:** 2618.40000000

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

- **3-Month:** 2759.70000000 | **1-Year:** -4603.89000000 | **5-Year:** 19014.94000000 | **10-Year:** -4724.75000000 | **30-Year:** 4455.33000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000202311 | -0.02%               | 1.80%                | 0.34%                |
| Class ID C000202310 | 0.08%                | 1.77%                | 0.33%                |
| Class ID C000202309 | -0.13%               | 1.69%                | 0.26%                |
| Class ID C000202308 | 0.05%                | 1.69%                | 0.31%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2976399.64             | $-7023720.08                               |
| Month 2  | $811159.28               | $23653318.24                               |
| Month 3  | $1507477.77              | $2726641.17                                |

**Designated Index Information**

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

- **Index Identifier:** LBUTTRUU

### Schedule of Portfolio Investments

| Name                                                                      | Title                                                                             | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |    Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810FD5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   17324840 | PA      | $18428495.30  | 1.02%             | 2028-04-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810PS1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   23242112 | PA      | $23651222.87  | 1.30%             | 2027-01-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                                                                | AMSR Trust, Series 2020-SFR5, Class E2                                            | CUSIP: 03217JAF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3000000 | PA      | $2987209.50   | 0.16%             | 2037-11-17      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    3771000 | PA      | $-5348.21     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                  | Republic of South Africa                                                          | CUSIP: N/A<br>LEI: 378900AAFB4F17004C49       | Long             | DBT              | NUSS              | ZA        |   27986000 | PA      | $1733397.26   | 0.10%             | 2033-03-31      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |   10280652 | PA      | $-43928.97    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| KWG Group Holdings Ltd.                                                   | KWG Group Holdings Ltd.                                                           | CUSIP: N/A<br>LEI: 549300LK82ZOM9ZE7H90       | Long             | DBT              | CORP              | KY        |     545000 | PA      | $34062.50     | 0.00%             | 2025-08-10      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810RF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   22545242 | PA      | $19268028.03  | 1.06%             | 2044-02-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Sunac China Holdings Ltd.                                                 | Sunac China Holdings Ltd.                                                         | CUSIP: N/A<br>LEI: 549300OLARYHDXP3WK18       | Long             | DBT              | CORP              | KY        |      51245 | PA      | $7558.64      | 0.00%             | 2026-09-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                                | Progress Residential Trust, Series 2021-SFR11, Class E2                           | CUSIP: 74333XAL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4000000 | PA      | $3770696.40   | 0.21%             | 2039-01-17      | Fixed         | 3.53%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CEZ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   75664297 | PA      | $71607326.95  | 3.95%             | 2032-07-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| Sunac China Holdings Ltd.                                                 | Sunac China Holdings Ltd.                                                         | CUSIP: N/A<br>LEI: 549300OLARYHDXP3WK18       | Long             | EC               | CORP              | KY        |      23520 | NS      | $5133.94      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    8855000 | PA      | $74577.63     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FRTKL                                                                     | FRTKL, Series 2021-SFR1, Class E2                                                 | CUSIP: 30322DAU3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4000000 | PA      | $3881042.80   | 0.21%             | 2038-09-17      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CCM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   58300845 | PA      | $54440077.64  | 3.00%             | 2031-07-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 9128283R9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   11286650 | PA      | $11155452.51  | 0.61%             | 2028-01-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810TE8<br>LEI: 254900HROIFWPRGM1V77 | Short            | DBT              | UST               | US        |  -47527458 | PA      | $-25732875.45 | -1.42%            | 2052-02-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Commercial Mortgage Trust                                                 | Commercial Mortgage Trust, Series 2024-WCL1, Class A                              | CUSIP: 20047DAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     870000 | PA      | $867553.13    | 0.05%             | 2041-06-15      | Floating      | 5.99%                 | No            |                  2 | On Loan: No      |
| Yuzhou Group Holdings Co. Ltd.                                            | Yuzhou Group Holdings Co. Ltd.                                                    | CUSIP: N/A<br>LEI: 213800MP59KHGJSPHE82       | Long             | DBT              | CORP              | KY        |      75188 | PA      | $375.94       | 0.00%             | 2031-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    5248206 | PA      | $22850.93     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                          | Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 2018-K83, Class B    | CUSIP: 302958AN3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2000000 | PA      | $1986966.40   | 0.11%             | 2051-11-25      | Variable      | 4.42%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    5248206 | PA      | $-24131.64    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AMSR Trust                                                                | AMSR Trust, Series 2021-SFR1, Class E2                                            | CUSIP: 00179DAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3700000 | PA      | $3479330.89   | 0.19%             | 2038-06-17      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 912828Y38<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   46165829 | PA      | $45952357.86  | 2.53%             | 2028-07-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    4486359 | PA      | $-210.71      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United Mexican States                                                     | Mex Bonos Desarr Fix Rt                                                           | CUSIP: 91087BAV2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    2221000 | PA      | $2348707.50   | 0.13%             | 2035-02-09      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |   26520000 | PA      | $47337.94     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Peru                                                          | Republic of Peru                                                                  | CUSIP: N/A<br>LEI: 254900STKLK2DBJJZ530       | Long             | DBT              | NUSS              | PE        |    4383000 | PA      | $1333531.27   | 0.07%             | 2035-08-12      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CNS6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   27038131 | PA      | $27257037.37  | 1.50%             | 2035-07-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Sunac China Holdings Ltd.                                                 | Sunac China Holdings Ltd.                                                         | CUSIP: N/A<br>LEI: 549300OLARYHDXP3WK18       | Long             | DBT              | CORP              | KY        |     102987 | PA      | $15448.05     | 0.00%             | 2027-09-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |   10280652 | PA      | $41999.78     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2300500 | PA      | $19391.63     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    5145300 | PA      | $25858.60     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                                              | BX Commercial Mortgage Trust, Series 2024-AIRC, Class A                           | CUSIP: 12433CAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     739594 | PA      | $740980.96    | 0.04%             | 2039-08-15      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810TP3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   22733598 | PA      | $18186441.20  | 1.00%             | 2053-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | CDI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |   29161340 | PA      | $976139.07    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        | 5346956753 | PA      | $-18031.24    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | 3-mo. SOFR                                                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |          8 | NC      | $-413.04      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | Australia 10-Year Bonds                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | AU        |        308 | NC      | $-85335.50    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        | 2289735849 | PA      | $49250.07     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Champion Path Holdings Ltd.                                               | Champion Path Holdings Ltd.                                                       | CUSIP: N/A<br>LEI: 549300QWJFPV5413KI88       | Long             | DBT              | CORP              | VG        |     545000 | PA      | $535309.90    | 0.03%             | 2028-01-27      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        | 1349275000 | PA      | $-10225.78    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |   34558000 | PA      | $-81974.97    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Powerlong Real Estate Holdings Ltd.                                       | Powerlong Real Estate Holdings Ltd.                                               | CUSIP: N/A<br>LEI: 549300R3K12EPXCGDP22       | Long             | DBT              | CORP              | KY        |     345000 | PA      | $20700.00     | 0.00%             | 2024-08-10      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2245350 | PA      | $6049.34      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810RR1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   16940121 | PA      | $13053653.03  | 0.72%             | 2046-02-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810FH6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   23740252 | PA      | $25952225.13  | 1.43%             | 2029-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association or Federal Home Loan Mortgage Corp. | Uniform Mortgage-Backed Securities                                                | CUSIP: 01F0606A8<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        |  -13056775 | PA      | $-13338640.35 | -0.73%            | 2055-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    3806000 | PA      | $-9712.43     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                                | Progress Residential Trust, Series 2022-SFR1, Class E2                            | CUSIP: 74333YAL2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4000000 | PA      | $3811868.00   | 0.21%             | 2041-02-17      | Fixed         | 3.99%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                          | Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 2019-K94, Class B    | CUSIP: 30310XAE9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2000000 | PA      | $1958273.00   | 0.11%             | 2052-07-25      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | 3-mo. SOFR                                                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         21 | NC      | $2546.02      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  160327120 | PA      | $-17097.28    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United Mexican States                                                     | Mex Bonos Desarr Fix Rt                                                           | CUSIP: 91087BBC3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    1902000 | PA      | $2053209.00   | 0.11%             | 2037-05-13      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |   26169000 | PA      | $1632.71      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CEJ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   53718987 | PA      | $52974729.43  | 2.92%             | 2027-04-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | 3-mo. SOFR                                                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         96 | NC      | $-11581.95    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | HICPXT                                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |     798221 | PA      | $-4529.60     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                                              | BX Commercial Mortgage Trust, Series 2024-KING, Class A                           | CUSIP: 05612RAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1974012 | PA      | $1974629.38   | 0.11%             | 2034-05-15      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810QP6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   15756291 | PA      | $15734619.57  | 0.87%             | 2041-02-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | HICPXT                                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |     798221 | PA      | $-4185.28     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CKL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   58670294 | PA      | $60558569.32  | 3.34%             | 2029-04-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | 3-mo. SOFR                                                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         15 | NC      | $4076.55      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CGW5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   57746045 | PA      | $57966523.04  | 3.19%             | 2028-04-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    5042302 | PA      | $-6843.84     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    4661000 | PA      | $13327.52     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CHP9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   63916531 | PA      | $62928264.02  | 3.47%             | 2033-07-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CEZ0<br>LEI: 254900HROIFWPRGM1V77 | Short            | DBT              | UST               | US        |  -10006740 | PA      | $-9470198.41  | -0.52%            | 2032-07-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                          | Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 2018-K73, Class B    | CUSIP: 35708YAS5<br>LEI: 549300KQ08QVSM4XK212 | Long             | ABS-MBS          | USGSE             | US        |    1350000 | PA      | $1327783.05   | 0.07%             | 2051-02-25      | Variable      | 3.98%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                     | Wells Fargo Commercial Mortgage Trust, Series 2024-1CHI, Class A                  | CUSIP: 95003PAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     293000 | PA      | $295682.71    | 0.02%             | 2035-07-15      | Variable      | 5.48%                 | No            |                  2 | On Loan: No      |
| Japan                                                                     | Japan Government Bond                                                             | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |  712050000 | PA      | $4105319.62   | 0.23%             | 2054-12-20      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Melco Resorts Finance Ltd.                                                | Melco Resorts Finance Ltd.                                                        | CUSIP: N/A<br>LEI: 5493000FQDBWKDBZEF60       | Long             | DBT              | CORP              | KY        |     545000 | PA      | $544863.75    | 0.03%             | 2027-07-17      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                                              | BX Commercial Mortgage Trust, Series 2020-VIV3, Class B                           | CUSIP: 05608EAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     130000 | PA      | $122125.07    | 0.01%             | 2044-03-09      | Variable      | 3.66%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $32957.94     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $14855.20     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ELM Trust                                                                 | ELM Trust, Series 2024-ELM, Class A10                                             | CUSIP: 26860XAU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     700000 | PA      | $707149.94    | 0.04%             | 2039-06-10      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | U.S. Treasury 10-Year Note                                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -329 | NC      | $48019.78     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        | 2263276679 | PA      | $48982.85     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Sunac China Holdings Ltd.                                                 | Sunac China Holdings Ltd.                                                         | CUSIP: N/A<br>LEI: 549300OLARYHDXP3WK18       | Long             | DBT              | CORP              | KY        |      51369 | PA      | $7705.35      | 0.00%             | 2027-09-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HONO Mortgage Trust                                                       | HONO Mortgage Trust, Series 2021-LULU, Class A                                    | CUSIP: 40390MAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     330000 | PA      | $328556.25    | 0.02%             | 2036-10-15      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810SB5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   14807269 | PA      | $11087652.15  | 0.61%             | 2048-02-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        | 2358500619 | PA      | $-4652.66     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                                              | BX Commercial Mortgage Trust, Series 2020-VIV2, Class C                           | CUSIP: 05605NAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     950000 | PA      | $881764.07    | 0.05%             | 2044-03-09      | Variable      | 3.66%                 | No            |                  2 | On Loan: No      |
| Bank of America N.A.                                                      | Bank of America N.A.                                                              | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | Short            | RA               | CORP              | US        |  -27378906 | PA      | $-27378906.25 | -1.51%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    4720000 | PA      | $31971.56     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                          | Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 5513, Class FD       | CUSIP: 3137HKE75<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5021319 | PA      | $5052711.38   | 0.28%             | 2055-01-25      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                          | Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 2018-W5FX, Class CFX | CUSIP: 30307MAN8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     696000 | PA      | $648111.86    | 0.04%             | 2028-04-25      | Variable      | 3.79%                 | No            |                  2 | On Loan: No      |
| Federative Republic of Brazil                                             | Federative Republic of Brazil                                                     | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |      14100 | PA      | $2434169.05   | 0.13%             | 2029-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| State of Israel                                                           | State of Israel Government Bond                                                   | CUSIP: 46514BRM1<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    1080000 | PA      | $1022263.20   | 0.06%             | 2054-03-12      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Yuzhou Group Holdings Co. Ltd.                                            | Yuzhou Group Holdings Co. Ltd.                                                    | CUSIP: N/A<br>LEI: 213800MP59KHGJSPHE82       | Long             | DBT              | CORP              | KY        |      27199 | PA      | $3467.87      | 0.00%             | 2027-06-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association or Federal Home Loan Mortgage Corp. | Uniform Mortgage-Backed Securities                                                | CUSIP: 01F0526A5<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        |  -18000158 | PA      | $-18148442.76 | -1.00%            | 2055-10-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810RW0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   20549136 | PA      | $15163120.22  | 0.84%             | 2047-02-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810FQ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    9099950 | PA      | $10182891.82  | 0.56%             | 2032-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | U.S. Treasury Long Bond                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        -88 | NC      | $-211982.12   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2674250 | PA      | $22906.74     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ELM Trust                                                                 | ELM Trust, Series 2024-ELM, Class A15                                             | CUSIP: 26860XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     700000 | PA      | $704377.52    | 0.04%             | 2039-06-10      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| PGA Trust                                                                 | PGA Trust, Series 2024-RSR2, Class A                                              | CUSIP: 69381CAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1000000 | PA      | $1000000.00   | 0.06%             | 2039-06-15      | Floating      | 6.04%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-21099.87    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    4060000 | PA      | $28496.01     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Tricon American Homes Trust                                               | Tricon American Homes Trust, Series 2020-SFR2, Class E2                           | CUSIP: 89613JAL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4000000 | PA      | $3788820.40   | 0.21%             | 2039-11-17      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| DBSG Mortgage Trust                                                       | DBSG Mortgage Trust, Series 2024-ALTA, Class A                                    | CUSIP: 239918AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     345000 | PA      | $350793.10    | 0.02%             | 2037-06-10      | Variable      | 6.14%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USD Currency                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | GB        |   41650000 | PA      | $125158.70    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Yuzhou Group Holdings Co. Ltd.                                            | Yuzhou Group Holdings Co. Ltd.                                                    | CUSIP: N/A<br>LEI: 213800MP59KHGJSPHE82       | Long             | DBT              | CORP              | KY        |      40156 | PA      | $903.51       | 0.00%             | 2029-06-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810TY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   23072992 | PA      | $21292661.02  | 1.17%             | 2054-02-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  286259234 | PA      | $32397.49     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                                               | Extended Stay America Trust, Series 2025-ESH, Class A                             | CUSIP: 30227TAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1839000 | PA      | $1839000.00   | 0.10%             | 2042-10-15      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810PZ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   20264626 | PA      | $21173038.53  | 1.17%             | 2029-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  158795546 | PA      | $18573.44     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Home Partners of America Trust                                            | Home Partners of America Trust, Series 2021-3, Class E2                           | CUSIP: 43730XAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3595746 | PA      | $3321041.69   | 0.18%             | 2041-01-17      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                                               | Extended Stay America Trust, Series 2021-ESH, Class B                             | CUSIP: 30227FAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2529828 | PA      | $2529827.91   | 0.14%             | 2038-07-15      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| CSMC Trust                                                                | CSMC Trust, Series 2022-NQM5, Class A1                                            | CUSIP: 12663DAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2394207 | PA      | $2393921.48   | 0.13%             | 2067-05-25      | Variable      | 5.17%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810QF8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   11348726 | PA      | $11430825.68  | 0.63%             | 2040-02-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    4065000 | PA      | $23350.38     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $63124.44     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Yuzhou Group Holdings Co. Ltd.                                            | Yuzhou Group Holdings Co. Ltd.                                                    | CUSIP: N/A<br>LEI: 213800MP59KHGJSPHE82       | Long             | DBT              | CORP              | KY        |      53599 | PA      | $937.98       | 0.00%             | 2030-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HILT Commercial Mortgage Trust                                            | HILT Commercial Mortgage Trust, Series 2024-ORL, Class A                          | CUSIP: 403956AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     780000 | PA      | $781218.75    | 0.04%             | 2037-05-15      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CNB3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   82842801 | PA      | $84111550.98  | 4.63%             | 2030-04-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |   39000000 | PA      | $-41135.16    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Tricon American Homes                                                     | Tricon American Homes Trust, Series 2020-SFR1, Class E                            | CUSIP: 89613GAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2000000 | PA      | $1973181.20   | 0.11%             | 2038-07-17      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | HICPXT                                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    1048410 | PA      | $-4593.10     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Mill City Solar Loan Ltd.                                                 | Mill City Solar Loan Ltd., Series 2019-1A, Class A                                | CUSIP: 59982WAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |     753481 | PA      | $700662.75    | 0.04%             | 2043-03-20      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | HICPXT                                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2175000 | PA      | $-29895.29    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2245350 | PA      | $720.61       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |   34000000 | PA      | $-9662.06     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Peru                                                          | Republic of Peru                                                                  | CUSIP: N/A<br>LEI: 254900STKLK2DBJJZ530       | Long             | DBT              | NUSS              | PE        |    3528000 | PA      | $1110590.48   | 0.06%             | 2039-08-12      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| Sunac China Holdings Ltd.                                                 | Sunac China Holdings Ltd.                                                         | CUSIP: N/A<br>LEI: 549300OLARYHDXP3WK18       | Long             | DBT              | CORP              | KY        |     155230 | PA      | $23284.50     | 0.00%             | 2029-09-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                          | Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 2020-K737, Class B   | CUSIP: 30300SAS1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     932000 | PA      | $918769.61    | 0.05%             | 2053-01-25      | Variable      | 3.44%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CDC2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   52527955 | PA      | $52237125.29  | 2.88%             | 2026-10-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| JW Commercial Mortgage Trust                                              | JW Commercial Mortgage Trust, Series 2024-MRCO, Class A                           | CUSIP: 46657XAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     830000 | PA      | $832589.77    | 0.05%             | 2039-06-15      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                                | Progress Residential Trust, Series 2022-SFR2, Class E2                            | CUSIP: 74332VAL9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3000000 | PA      | $2930040.30   | 0.16%             | 2027-04-17      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Yuzhou Group Holdings Co. Ltd.                                            | Yuzhou Group Holdings Co. Ltd.                                                    | CUSIP: N/A<br>LEI: 213800MP59KHGJSPHE82       | Long             | EC               | CORP              | KY        |      26070 | NS      | $854.27       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SG Residential Mortgage Trust                                             | SG Residential Mortgage Trust, Series 2021-1, Class A1                            | CUSIP: 784212AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3514570 | PA      | $2931613.17   | 0.16%             | 2061-07-25      | Variable      | 1.16%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Bonds                                                               | CUSIP: 912810UM8<br>LEI: 254900HROIFWPRGM1V77 | Short            | DBT              | UST               | US        |   -3929000 | PA      | $-3942505.94  | -0.22%            | 2055-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    4661000 | PA      | $-5665.21     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810SV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   20364174 | PA      | $11283475.25  | 0.62%             | 2051-02-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | U.S. Treasury 30-Year Bond                                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -427 | NC      | $-6671.88     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | HICPXT                                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |     532148 | PA      | $-3402.57     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Sunac China Holdings Ltd.                                                 | Sunac China Holdings Ltd.                                                         | CUSIP: N/A<br>LEI: 549300OLARYHDXP3WK18       | Long             | DBT              | CORP              | KY        |     154855 | PA      | $23228.25     | 0.00%             | 2028-09-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $34013.10     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |   10950000 | PA      | $6594.40      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    5428727 | PA      | $46757.18     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-13761.75    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    3109319 | PA      | $7817.24      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2330000 | PA      | $1602.51      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CLE9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   69930825 | PA      | $70945646.00  | 3.91%             | 2034-07-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810PV4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   21873554 | PA      | $22230793.24  | 1.22%             | 2028-01-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association or Federal Home Loan Mortgage Corp. | Uniform Mortgage-Backed Securities                                                | CUSIP: 01F0326A7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    9944000 | PA      | $9084054.71   | 0.50%             | 2055-10-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810SM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   21094626 | PA      | $12465289.34  | 0.69%             | 2050-02-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| SG Residential Mortgage Trust                                             | SG Residential Mortgage Trust, Series 2022-2, Class A1                            | CUSIP: 78434KAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1166945 | PA      | $1167093.02   | 0.06%             | 2062-08-25      | Variable      | 5.35%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2200403 | PA      | $7102.12      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CML2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   78676970 | PA      | $80993710.57  | 4.46%             | 2035-01-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-562.75      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                                           | BRAVO Residential Funding Trust, Series 2023-NQM3, Class A1                       | CUSIP: 10568EAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2249217 | PA      | $2234886.10   | 0.12%             | 2062-09-25      | Variable      | 4.85%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                                     | Mex Bonos Desarr Fix Rt                                                           | CUSIP: 91087BAR1<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    2779000 | PA      | $2414256.25   | 0.13%             | 2034-02-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 912828V49<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   45695912 | PA      | $45338578.80  | 2.50%             | 2027-01-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                  | Republic of South Africa                                                          | CUSIP: N/A<br>LEI: 378900AAFB4F17004C49       | Long             | DBT              | NUSS              | ZA        |   25833000 | PA      | $1376976.68   | 0.08%             | 2037-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-12589.38    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810RA8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   21319582 | PA      | $16180399.34  | 0.89%             | 2043-02-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association or Federal Home Loan Mortgage Corp. | Uniform Mortgage-Backed Securities                                                | CUSIP: 01F0506A9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   20235000 | PA      | $20066182.63  | 1.11%             | 2055-10-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    5042302 | PA      | $4563.13      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Federative Republic of Brazil                                             | Federative Republic of Brazil                                                     | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |      76310 | PA      | $11732451.91  | 0.65%             | 2035-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |   34558000 | PA      | $84141.62     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |   21800000 | PA      | $-4580.74     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 912828Z37<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   39031892 | PA      | $37260237.59  | 2.05%             | 2030-01-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2200403 | PA      | $-2441.56     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                                              | BX Commercial Mortgage Trust, Series 2024-MDHS, Class A                           | CUSIP: 12433BAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1672913 | PA      | $1675004.49   | 0.09%             | 2041-05-15      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | U.S. Treasury 2-Year Note                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         93 | NC      | $5689.69      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-1041.70     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                                                | J.P. Morgan Mortgage Trust, Series 2023-DSC1, Class A1                            | CUSIP: 46656NAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1261708 | PA      | $1239078.94   | 0.07%             | 2063-07-25      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Canada 10-Year Bond                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | CA        |         53 | NC      | $8721.73      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                          | Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 5516, Class FC       | CUSIP: 3137HKBM5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   12001287 | PA      | $12092133.47  | 0.67%             | 2055-03-25      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    3746631 | PA      | $12429.87     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BFLD Mortgage Trust                                                       | BFLD Mortgage Trust, Series 2024-VICT, Class A                                    | CUSIP: 05555VAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     585000 | PA      | $586828.13    | 0.03%             | 2041-07-15      | Floating      | 6.04%                 | No            |                  2 | On Loan: No      |
| AREIT Ltd.                                                                | AREIT Ltd., Series 2024-CRE9, Class A                                             | CUSIP: 00193AAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    1546423 | PA      | $1546684.43   | 0.09%             | 2041-05-17      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                                               | Extended Stay America Trust, Series 2021-ESH, Class D                             | CUSIP: 30227FAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     429227 | PA      | $429227.49    | 0.02%             | 2038-07-15      | Floating      | 6.51%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    5145300 | PA      | $-26334.39    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    3746631 | PA      | $-9215.03     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | 3-mo. CORRA                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | CA        |        -11 | NC      | $-1018.87     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    4065000 | PA      | $-12528.34    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CDX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   63444997 | PA      | $58413927.37  | 3.22%             | 2032-01-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   99775280 | PA      | $-11319.65    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CGK1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   64628608 | PA      | $62634889.60  | 3.45%             | 2033-01-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                                                                | AMSR Trust, Series 2022-SFR1, Class E2                                            | CUSIP: 00179WAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4912000 | PA      | $4825053.18   | 0.27%             | 2039-03-17      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | U.S. Treasury 5-Year Note                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -430 | NC      | $20341.76     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    8855000 | PA      | $-62742.35    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  159417600 | PA      | $-16955.05    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Japan                                                                     | Japan Government Bond                                                             | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |  544050000 | PA      | $3206688.87   | 0.18%             | 2055-03-20      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    4486359 | PA      | $8487.44      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PRKCM Trust                                                               | PRKCM Trust, Series 2022-AFC2, Class A1                                           | CUSIP: 69377TAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     634666 | PA      | $634321.74    | 0.03%             | 2057-08-25      | Variable      | 5.33%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810RL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   39830583 | PA      | $29678689.25  | 1.64%             | 2045-02-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CJY8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   67245447 | PA      | $67558548.37  | 3.72%             | 2034-01-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    4661000 | PA      | $2630.03      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810UH9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   21775375 | PA      | $21256508.95  | 1.17%             | 2055-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                                     | Mex Bonos Desarr Fix Rt                                                           | CUSIP: 91087BAT7<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     400000 | PA      | $387600.00    | 0.02%             | 2033-05-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                                                 | BlackRock Liquidity Funds, T-Fund, Institutional Class                            | CUSIP: 09248U718<br>LEI: 5493002L9DNZ83RX7V61 | Long             | STIV             | RF                | US        |    5123903 | NS      | $5123902.71   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| HLTN Commercial Mortgage Trust                                            | HLTN Commercial Mortgage Trust, Series 2024-DPLO, Class A                         | CUSIP: 40424UAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     870000 | PA      | $871359.38    | 0.05%             | 2041-06-15      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $56093.79     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BAMLL Trust                                                               | BAMLL Trust, Series 2024-BHP, Class A                                             | CUSIP: 05493WAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     580000 | PA      | $581526.50    | 0.03%             | 2039-08-15      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                                                | Verus Securitization Trust, Series 2022-INV2, Class A1                            | CUSIP: 924923AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     830575 | PA      | $827619.94    | 0.05%             | 2067-10-25      | Variable      | 6.79%                 | No            |                  2 | On Loan: No      |
| Tricon Residential Trust                                                  | Tricon Residential Trust, Series 2021-SFR1, Class E2                              | CUSIP: 89614YAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3500000 | PA      | $3436339.90   | 0.19%             | 2038-07-17      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                          | Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 2019-K91, Class B    | CUSIP: 30309JAE3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2000000 | PA      | $1957872.20   | 0.11%             | 2051-04-25      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    8855000 | PA      | $64761.47     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CJH5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   56608913 | PA      | $58962776.81  | 3.25%             | 2028-10-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Euro-BTP                                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |         -2 | NC      | $-3229.76     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    8585540 | PA      | $-31155.78    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2290257 | PA      | $4700.37      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| China Aoyuan Group Ltd.                                                   | China Aoyuan Group Ltd.                                                           | CUSIP: N/A<br>LEI: 549300YSOKQO5QD6MP25       | Long             | DBT              | CORP              | KY        |     545000 | PA      | $8175.00      | 0.00%             | 2026-03-24      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-17774.65    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | FCPIX                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2175000 | PA      | $46657.75     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    4060000 | PA      | $-19479.39    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810SG4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   13266686 | PA      | $9781619.02   | 0.54%             | 2049-02-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Fantasia Holdings Group Co. Ltd.                                          | Fantasia Holdings Group Co. Ltd.                                                  | CUSIP: N/A<br>LEI: 5493005JQNLB3I01JW62       | Long             | DBT              | CORP              | KY        |     345000 | PA      | $6727.50      | 0.00%             | 2025-01-09      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| U.S. Bancorp Investments, Inc.                                            | U.S. Bancorp Investments, Inc.                                                    | CUSIP: N/A<br>LEI: H85Z6XZP8B10ES0M2G89       | Short            | RA               | CORP              | US        |  -26343750 | PA      | $-26343750.00 | -1.45%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CLV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   62288069 | PA      | $63520101.99  | 3.50%             | 2029-10-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $73904.72     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |   26520000 | PA      | $-36515.98    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                          | Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 2018-K82, Class B    | CUSIP: 30297LAE2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2043000 | PA      | $2020844.48   | 0.11%             | 2028-09-25      | Variable      | 4.27%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                          | Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 2017-K65, Class B    | CUSIP: 30302XAE9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2000000 | PA      | $1982685.00   | 0.11%             | 2050-07-25      | Variable      | 4.22%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Euro-Bund                                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |         94 | NC      | $11547.05     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-10461.06    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2290257 | PA      | $178.12       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NYC Trust                                                                 | NYC Trust, Series 2024-3ELV, Class A                                              | CUSIP: 62956HAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     452598 | PA      | $454616.81    | 0.03%             | 2029-08-15      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association or Federal Home Loan Mortgage Corp. | Uniform Mortgage-Backed Securities                                                | CUSIP: 01F0606A8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   47257500 | PA      | $48277679.32  | 2.66%             | 2055-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $2400.53      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CONE Trust                                                                | CONE Trust, Series 2024-DFW1, Class A                                             | CUSIP: 20682AAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     330000 | PA      | $329738.51    | 0.02%             | 2041-08-15      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-236567.08   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 9128282L3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   47169905 | PA      | $46849267.73  | 2.58%             | 2027-07-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Great Wolf Trust                                                          | Great Wolf Trust, Series 2024-WLF2, Class A                                       | CUSIP: 362414AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1940000 | PA      | $1943637.50   | 0.11%             | 2041-05-15      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                                                                | AMSR Trust, Series 2021-SFR2, Class E2                                            | CUSIP: 00179VAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2000000 | PA      | $1952272.60   | 0.11%             | 2038-08-17      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | Long Gilt                                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |         -1 | NC      | $-877.94      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| New Residential Mortgage Loan Trust                                       | New Residential Mortgage Loan Trust, Series 2022-SFR1, Class E2                   | CUSIP: 64831KAL0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4000000 | PA      | $3884693.20   | 0.21%             | 2039-02-17      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        | 5771689022 | PA      | $-22562.02    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Home Partners of America Trust                                            | Home Partners of America Trust, Series 2021-2, Class E2                           | CUSIP: 43732VAJ5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3837982 | PA      | $3717764.95   | 0.20%             | 2026-12-17      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 912828ZZ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   55105225 | PA      | $52389788.03  | 2.89%             | 2030-07-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    8585540 | PA      | $44627.66     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 9128287D6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   44645485 | PA      | $43305412.30  | 2.39%             | 2029-07-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Studio City Finance Ltd.                                                  | Studio City Finance Ltd.                                                          | CUSIP: 86389QAG7<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |     545000 | PA      | $525380.00    | 0.03%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USD/JPY Up-and-in barrier option; Barrier price USD 155.00000                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | GB        |   19373000 | PA      | $5871.32      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                                              | BX Commercial Mortgage Trust, Series 2024-XL4, Class D                            | CUSIP: 05611VAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     969797 | PA      | $972827.38    | 0.05%             | 2039-02-15      | Floating      | 7.29%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage Trust                                        | Ellington Financial Mortgage Trust, Series 2021-3, Class A1                       | CUSIP: 31573JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2854348 | PA      | $2392725.70   | 0.13%             | 2066-09-25      | Variable      | 1.24%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USD Currency                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | GB        |  -41650000 | PA      | $-33131.99    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  284543220 | PA      | $32068.51     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Bonds                                                               | CUSIP: 912810UM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    3929000 | PA      | $3942505.94   | 0.22%             | 2055-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                                | Progress Residential Trust, Series 2021-SFR8, Class E2                            | CUSIP: 74333TAL3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4000000 | PA      | $3905526.40   | 0.22%             | 2038-10-17      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association or Federal Home Loan Mortgage Corp. | Uniform Mortgage-Backed Securities                                                | CUSIP: 01F0526A5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   64236840 | PA      | $64766021.16  | 3.57%             | 2055-10-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Republic of Germany                                               | Federal Republic of Germany                                                       | CUSIP: N/A<br>LEI: 529900AQBND3S6YJLY83       | Long             | DBT              | NUSS              | DE        |    1278000 | PA      | $1390240.88   | 0.08%             | 2056-08-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | 3-mo. EURIBOR                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |         -6 | NC      | $1478.31      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Extended Stay America Trust                                               | Extended Stay America Trust, Series 2021-ESH, Class C                             | CUSIP: 30227FAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     354176 | PA      | $354175.93    | 0.02%             | 2038-07-15      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | U.S. Treasury Ultra Bond                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        -24 | NC      | $-55583.29    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810QV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   27528296 | PA      | $21815193.90  | 1.20%             | 2042-02-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Sunac China Holdings Ltd.                                                 | Sunac China Holdings Ltd.                                                         | CUSIP: N/A<br>LEI: 549300OLARYHDXP3WK18       | Long             | DBT              | CORP              | KY        |      73093 | PA      | $10963.95     | 0.00%             | 2030-09-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                                                | Progress Residential Trust, Series 2021-SFR9, Class E2                            | CUSIP: 74333QAL9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3500000 | PA      | $3264772.35   | 0.18%             | 2040-11-17      | Fixed         | 3.01%                 | No            |                  2 | On Loan: No      |
| Yango Justice International Ltd.                                          | Yango Justice International Ltd.                                                  | CUSIP: N/A<br>LEI: 3003007ELD2HAYCXPT77       | Long             | DBT              | CORP              | HK        |     545000 | PA      | $681.25       | 0.00%             | 2024-11-25      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | U.S. Treasury 10-Year Ultra Note                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -574 | NC      | $-210809.52   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Progress Residential Trust                                                | Progress Residential Trust, Series 2021-SFR10, Class E2                           | CUSIP: 74333WAL6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     672185 | PA      | $643003.92    | 0.04%             | 2040-12-17      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | RPI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    8855000 | PA      | $-57934.39    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        | 1807364830 | PA      | $39525.89     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Yuzhou Group Holdings Co. Ltd.                                            | Yuzhou Group Holdings Co. Ltd.                                                    | CUSIP: N/A<br>LEI: 213800MP59KHGJSPHE82       | Long             | DBT              | CORP              | KY        |      23061 | PA      | $691.83       | 0.00%             | 2028-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp Investments, Inc.                                            | U.S. Bancorp Investments, Inc.                                                    | CUSIP: N/A<br>LEI: H85Z6XZP8B10ES0M2G89       | Short            | RA               | CORP              | US        |  -58411250 | PA      | $-58411250.00 | -3.22%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2300500 | PA      | $18748.42     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Bonds                                              | CUSIP: 912810TE8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   73019723 | PA      | $39535196.90  | 2.18%             | 2052-02-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    2331000 | PA      | $1718.34      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |   11515000 | PA      | $-10241.49    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LBA Trust                                                                 | LBA Trust, Series 2024-BOLT, Class A                                              | CUSIP: 50177BAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1320000 | PA      | $1321650.00   | 0.07%             | 2039-06-15      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 91282CBF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   57595123 | PA      | $54077758.11  | 2.98%             | 2031-01-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                       | Petroleos Mexicanos                                                               | CUSIP: N/A<br>LEI: 549300CAZKPF4HKMPX17       | Long             | DBT              | CORP              | MX        |    1934000 | PA      | $1922396.00   | 0.11%             | 2026-03-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Inflation Linked Notes                                              | CUSIP: 9128285W6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   38052897 | PA      | $37761259.75  | 2.08%             | 2029-01-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| One New York Plaza Trust                                                  | One New York Plaza Trust, Series 2020-1NYP, Class AJ                              | CUSIP: 68249DAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     385000 | PA      | $371523.88    | 0.02%             | 2036-01-15      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| MGM China Holdings Ltd.                                                   | MGM China Holdings Ltd.                                                           | CUSIP: N/A<br>LEI: 529900VZFN87OS7WJM66       | Long             | DBT              | CORP              | KY        |     545000 | PA      | $543092.50    | 0.03%             | 2027-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | USCPI                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |    3051000 | PA      | $4433.67      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | U.S. Treasury 30-Year Bond                                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        427 | NC      | $33359.38     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Yuzhou Group Holdings Co. Ltd.                                            | Yuzhou Group Holdings Co. Ltd.                                                    | CUSIP: N/A<br>LEI: 213800MP59KHGJSPHE82       | Long             | DBT              | CORP              | KY        |      20060 | PA      | $60.18        | 0.00%             | 2034-06-30      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** BlackRock Funds V

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer