# EDGAR Filing Document

**Accession Number:** 0001450011
**File Stem:** 0001099263-26-003090
**Filing Date:** 2026-3
**Character Count:** 150921
**Document Hash:** 747f4432a9d926143996d58024d9287c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-26-003090.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0001099263-26-003090

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIMCO ETF Trust
- **CENTRAL INDEX KEY:** 0001450011

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22250
- **FILM NUMBER:** 26705913

**BUSINESS ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660
- **BUSINESS PHONE:** 949.720.6000

**MAIL ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660

## Series and Classes Contracts Data

### PIMCO Commodity Strategy Active Exchange-Traded Fund (Series ID: S000079716)

| Class ID   | Class Name                                           | Ticker Symbol   |
|:---|:---|:---|
| C000240988 | PIMCO Commodity Strategy Active Exchange-Traded Fund | CMDT            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PIMCO ETF Trust

- **b. Investment Company Act file number:** 811-22250

- **c. CIK number of Registrant:** 0001450011

- **d. LEI of Registrant:** 5493004M9TBGFQUJ6D27

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

  - **Street Address 1:** 650 Newport Center Drive

  - **City:** Newport Beach

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92660

  - **Telephone number:** (888) 400-4383

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

- **a. Name of Series:** PIMCO Commodity Strategy Active Exchange-Traded Fund

- **b. EDGAR series identifier (if any):** S000079716

- **c. LEI of Series:** 549300FW8J0DNOBABK03

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

- **a. Date of fiscal year-end:** 2026-06-30

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $618308968.47

**Total Liabilities:** $12359419.70

**Net Assets:** $605949548.77

**Amount of Assets Invested in Other Investment Companies:** $148214726.76

**Delayed Delivery Securities:** $1100000.00

**Cash Not Reported:** $10716465.56

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 38515.628800 | **1-Year:** 22355.809400 | **5-Year:** 3282.006900 | **10-Year:** 0.000000 | **30-Year:** 0.000000

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

- **3-Month:** 88.139100 | **1-Year:** 61.026100 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000240988 | 2.39%                | -0.07%               | -0.18%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $97275.83                | $2029261.70                                |
| Month 2  | $13439.04                | $7208446.32                                |
| Month 3  | $5172288.27              | $4602638.90                                |

**Designated Index Information**

- **Index Name:** Bloomberg Commodity Total Return Index

- **Index Identifier:** BCOMTR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| EAGLE FUNDING LUXCO SA RL                                 | EAGLE FUNDING LUXCO SARL SR UNSECURED 144A 08/30 5.5       | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | NUSS              | LU        |   3300000 | PA      | $3365472.00   | 0.56%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5593                                   | FREDDIE MAC FHR 5593 FB                                    | CUSIP: 3137HNV47<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    882085 | PA      | $886072.66    | 0.15%             | 2055-11-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5560                                   | FREDDIE MAC FHR 5560 FB                                    | CUSIP: 3137HLZD7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2655046 | PA      | $2672106.40   | 0.44%             | 2055-06-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                   | BPCE SA REGS 01/27 VAR                                     | CUSIP: 05584KAN8<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    500000 | PA      | $500309.64    | 0.08%             | 2027-01-18      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                          | ABN AMRO BANK NV REGS 12/28 VAR                            | CUSIP: 00084EAJ7<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |    700000 | PA      | $702635.41    | 0.12%             | 2028-12-03      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | COCOA FUTURE      JUL26 IFUS 20260716                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       115 | NC      | $155773.09    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| REGATTA XVI FUNDING LTD 2019-2A                           | REGATTA XVI FUNDING LTD. REG16 2019 2A A1R 144A            | CUSIP: 75888TAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1297461 | PA      | $1298366.93   | 0.21%             | 2033-01-15      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                     | ATHENE GLOBAL FUNDING SECURED REGS 08/26 VAR               | CUSIP: 04686E4J8<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301042.58    | 0.05%             | 2026-08-27      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | NAT GAS EURO OPT  MAR26C 3.75 EXP 02/24/2026               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        31 | NC      | $35433.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE CORPORATION                       | NISSAN MOTOR ACCEPTANCE SR UNSECURED 144A 03/26 2          | CUSIP: 654740BS7<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    273000 | PA      | $271902.38    | 0.04%             | 2026-03-09      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                     | ENTERGY LOUISIANA LLC COLLATERAL T 10/26 2.4               | CUSIP: 29364WAY4<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    730000 | PA      | $722967.33    | 0.12%             | 2026-10-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | COPPER FUTURE     JUL26 XCEC 20260729                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        18 | NC      | $77970.44     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FANNIE MAE REMICS 2025-88                                 | FANNIE MAE FNR 2025 88 FM                                  | CUSIP: 3136BXZK3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1877225 | PA      | $1885770.98   | 0.31%             | 2055-08-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | SOLD CAD BOUGHT USD 20260114                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |         1 | NC      | $-983.50      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| 522 FUNDING CLO 2020-6 LTD                                | 522 FUNDING CLO LTD MORGN 2020 6A A1R2 144A                | CUSIP: 33835AAY5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1200000 | PA      | $1201098.00   | 0.20%             | 2034-10-23      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| COMMODITY WAREHOUSE RECEIPT                               | SILVER CMX WR FAC 5001 HSBC RDR                            | CUSIP: 954MDZ908<br>LEI: N/A                  | Long             | COMM             |  | US        |    244250 | NS      | $17081257.38  | 2.82%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | CRUDE OIL FUT OPT MAR26P 50 EXP 02/17/2026                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        75 | NC      | $30750.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ORACLE CORPORATION                                        | ORACLE CORPORATION 01/26 ZCP                               | CUSIP: 6840C3AG8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   5800000 | PA      | $5790128.40   | 0.96%             | 2026-01-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | LME PRI ALUM FUTR JUL26 XLME 20260713                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        57 | NC      | $112349.52    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                                             | CITIGROUP INC SR UNSECURED 01/27 VAR                       | CUSIP: 17327CAM5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2494370.80   | 0.41%             | 2027-01-28      | Floating      | 1.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | SOLD BRL BOUGHT USD 20260402                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |         1 | NC      | $1448.46      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SILVER ROCK CLO II LTD 2021-2A                            | SILVER ROCK CLO LTD SLVRK 2021 2A AR 144A                  | CUSIP: 82812LAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1999989.32   | 0.33%             | 2035-01-20      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| SWEDBANK AB                                               | SWEDBANK AB REGS 09/27 5.337                               | CUSIP: ACI286S09<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |   2500000 | PA      | $2558065.23   | 0.42%             | 2027-09-20      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-10                                 | FANNIE MAE FNR 2025 10 AF                                  | CUSIP: 3136BUTA8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1392047 | PA      | $1396953.89   | 0.23%             | 2055-02-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | WHEAT FUTURE OPTN JUL26P 500 EXP 06/26/2026                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |      -127 | NC      | $-121443.75   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | PARIBAS REPO                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |   5700000 | PA      | $5700000.00   | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK OF COMMERCE (CIBC)                 | CANADIAN IMPERIAL BANK SR UNSECURED 09/28 VAR              | CUSIP: 13607QFC1<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   5000000 | PA      | $5010369.25   | 0.83%             | 2028-09-08      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO GAS & ELECTRIC COMPANY                          | SAN DIEGO GAS + ELEC                                       | CUSIP: 79744KAL4<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |   3400000 | PA      | $3392262.96   | 0.56%             | 2026-01-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | SOLD BRL BOUGHT USD 20260402                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |         1 | NC      | $-461.38      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CARVAL CLO LTD 2018-1A                                    | CARVAL CLO LTD CARVL 2018 1A AR 144A                       | CUSIP: 146865AJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    652360 | PA      | $652694.80    | 0.11%             | 2031-07-16      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| BANQUE FEDERATIVE DU CREDIT MUTUEL (BFCM)                 | BANQUE FED CRED MUTUEL REGS 07/26 VAR                      | CUSIP: F0803NAF9<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   3000000 | PA      | $3017754.27   | 0.50%             | 2026-07-13      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | LME PRI ALUM FUTR MAY26 XLME 20260518                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       282 | NC      | $1287337.02   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | SOLD ILS BOUGHT USD 20260115                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |         1 | NC      | $-39.43       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | SOLD BRL BOUGHT USD 20260402                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |         1 | NC      | $-1234.52     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2025-100         | GOVERNMENT NATIONAL MORTGAGE A GNR 2025 100 FA             | CUSIP: 38385GQ77<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1706004 | PA      | $1713818.77   | 0.28%             | 2055-06-20      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5565                                   | FREDDIE MAC FHR 5565 FB                                    | CUSIP: 3137HMGK0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3445966 | PA      | $3477334.16   | 0.57%             | 2055-08-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                                   | NATIONAL BANK OF CANADA COMPANY GUAR 03/27 VAR             | CUSIP: 63307A2Y0<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |   1708000 | PA      | $1709850.41   | 0.28%             | 2027-03-25      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | MORGAN STANLEY SNR S* ICE                                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $11009.90     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                             | FORD MOTOR CREDIT CO LLC SR UNSECURED 03/27 5.8            | CUSIP: 345397D83<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2633468.08   | 0.43%             | 2027-03-05      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5517                                   | FREDDIE MAC FHR 5517 VF                                    | CUSIP: 3137HKP40<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2217009 | PA      | $2226925.68   | 0.37%             | 2055-03-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | LME NICKEL FUTURE JUL26 XLME 20260713                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        -2 | NC      | $-9857.62     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| FREDDIE MAC REMICS 5495                                   | FREDDIE MAC FHR 5495 AF                                    | CUSIP: 3137HJ2H9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1147137 | PA      | $1151134.66   | 0.19%             | 2055-01-25      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | GOLD 100 OZ FUTR  FEB26 XCEC 20260225                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       -85 | NC      | $73693.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JACKSON NATIONAL LIFE GLOBAL FUNDING                      | JACKSON NATL LIFE GLOBAL SECURED 144A 01/26 5.5            | CUSIP: 46849LUX7<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |   1127000 | PA      | $1127314.91   | 0.19%             | 2026-01-09      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | SOLD BRL BOUGHT USD 20260303                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |         1 | NC      | $1666.27      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | LME NICKEL FUTURE MAY26 XLME 20260518                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       155 | NC      | $1188894.11   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | LME PRI ALUM FUTR MAR26 XLME 20260316                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |      -456 | NC      | $-1688342.09  | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | GASOLINE RBOB FUT JUN26 XNYM 20260529                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       337 | NC      | $-430633.39   | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| BARCLAYS PLC                                              | BARCLAYS PLC SR UNSECURED 05/27 VAR                        | CUSIP: 06738ECF0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   5000000 | PA      | $5028940.05   | 0.83%             | 2027-05-09      | Floating      | 5.83%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-101                                | FANNIE MAE FNR 2024 101 FB                                 | CUSIP: 3136BUFJ4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1138056 | PA      | $1142024.41   | 0.19%             | 2055-01-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| SKYWORKS SOLUTIONS INC                                    | SKYWORKS SOLUTIONS INC SR UNSECURED 06/26 1.8              | CUSIP: 83088MAK8<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98918.14     | 0.02%             | 2026-06-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| JAMESTOWN CLO 2022 XVIIIA LTD                             | JAMESTOWN CLO LTD JTWN 2022 18A AR 144A                    | CUSIP: 47047RAN6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    400000 | PA      | $400600.51    | 0.07%             | 2035-07-25      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | LME ZINC FUTURE   MAR26 XLME 20260316                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |      -320 | NC      | $-631077.55   | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| NATWEST MARKETS PLC                                       | NATWEST MARKETS PLC SR UNSECURED REGS 09/26 VAR            | CUSIP: G6382GWU2<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |    800000 | PA      | $802296.90    | 0.13%             | 2026-09-29      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | WTI CRUDE FUTURE  JUN26 XNYM 20260519                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       110 | NC      | $-207581.08   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| FREDDIE MAC REMICS 5498                                   | FREDDIE MAC FHR 5498 FC                                    | CUSIP: 3137HHWA5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1198629 | PA      | $1203161.86   | 0.20%             | 2055-01-25      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM5 TRUST                                       | ONSLOW BAY FINANCIAL LLC OBX 2024 NQM5 A1 144A             | CUSIP: 67448NAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    841615 | PA      | $849446.35    | 0.14%             | 2064-01-25      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL AUTOMOBILE LEASING TRUST 2025-1              | GM FINANCIAL AUTOMOBILE LEASIN GMALT 2025 1 A2A            | CUSIP: 36271VAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2605106 | PA      | $2611733.94   | 0.43%             | 2027-05-20      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                      | KEURIG DR PEPPER 01/26 ZCP                                 | CUSIP: 49271KA79<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5495978.95   | 0.91%             | 2026-01-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK OF COMMERCE (CIBC)                 | CANADIAN IMPERIAL BANK SR UNSECURED 01/28 VAR              | CUSIP: 13607PVR2<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    900000 | PA      | $901428.21    | 0.15%             | 2028-01-13      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | SOLD AUD BOUGHT USD 20260114                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |         1 | NC      | $-338.61      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | SILVER FUTURE     MAR26 XCEC 20260327                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |         4 | NC      | $-114465.26   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                     | ATHENE GLOBAL FUNDING SR SECURED 144A 05/26 5.62           | CUSIP: 04685A3V1<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    475000 | PA      | $477332.12    | 0.08%             | 2026-05-08      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ANCHORAGE CREDIT FUNDING 25-19A LTD                       | ANCHORAGE CREDIT FUNDING LTD. ANCHF 2025 19A A 144A        | CUSIP: 03331VAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1600000 | PA      | $1600438.16   | 0.26%             | 2040-10-25      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | IODEX IO FUT      MAR26 XSIM 20260331                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | SG        |      2118 | NC      | $1034461.73   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| FREDDIE MAC REMICS 5491                                   | FREDDIE MAC FHR 5491 FL                                    | CUSIP: 3137HJ5P8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    326571 | PA      | $327815.90    | 0.05%             | 2055-01-25      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | LME ZINC FUTURE   JUL26 XLME 20260713                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       177 | NC      | $197164.72    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO/THE                                             | BOEING CO SR UNSECURED 02/26 2.196                         | CUSIP: 097023DG7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1397391.91   | 0.23%             | 2026-02-04      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| MOLSON COORS BEVERAGE COMPANY                             | MOLSON COORS BEVERAGE COMPANY GUAR 07/26 3                 | CUSIP: 60871RAG5<br>LEI: 54930073LBBH6ZCBE225 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5470779.93   | 0.90%             | 2026-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WOORI CARD CO LTD                                         | WOORI CARD CO LTD SR UNSECURED REGS 03/26 1.75             | CUSIP: ACI1WF0N4<br>LEI: 988400VJNXKQV9MVEM68 | Long             | DBT              | CORP              | KR        |    782000 | PA      | $777635.48    | 0.13%             | 2026-03-23      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | RFR GBP SONIO/3.75000 09/17/25-5Y LCH                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | GB        |         1 | NC      | $52804.81     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| HA SUSTAINABLE INFRASTRUCTURE CAPITAL INC                 | HA SUSTAINABLE INFRASTRUCTURE 01/26 ZCP                    | CUSIP: 40460KA87<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |   3200000 | PA      | $3196940.16   | 0.53%             | 2026-01-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ALGONQUIN POWER & UTILITIES CORP                          | ALGONQUIN PWR + UTILITY SR UNSECURED 06/26 VAR             | CUSIP: 015857AF2<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |   5800000 | PA      | $5828601.08   | 0.96%             | 2026-06-15      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | BOUGHT EUR SOLD USD 20260114                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $17086.53     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5580                                   | FREDDIE MAC FHR 5580 FP                                    | CUSIP: 3137HMXT2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1187502 | PA      | $1194472.47   | 0.20%             | 2055-09-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                   | HCA INC DISC COML PAPER 01/26 ZCP                          | CUSIP: 40412DA74<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1798606.98   | 0.30%             | 2026-01-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CARLYLE GLOBAL MARKET STRATEGIES CLO LTD 2016-3A          | CARLYLE GLOBAL MARKET STRATEGI CGMS 2016 3A ARRR 144A      | CUSIP: 14311UBA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    900000 | PA      | $900495.00    | 0.15%             | 2034-07-20      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                          | ABN AMRO BANK NV 144A 12/28 VAR                            | CUSIP: 00084DBE9<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   3000000 | PA      | $3011294.61   | 0.50%             | 2028-12-03      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | SOLD AUD BOUGHT USD 20260114                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |         1 | NC      | $-14520.68    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HCA INC                                                   | HCA INC DISC COML PAPER 02/26 ZCP                          | CUSIP: 40412DBC2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    500000 | PA      | $497560.75    | 0.08%             | 2026-02-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | LME NICKEL FUTURE MAY26 XLME 20260518                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |      -155 | NC      | $-1242303.37  | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO/THE                                             | BOEING CO SR UNSECURED 02/26 2.75                          | CUSIP: 097023DA0<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    300000 | PA      | $299658.77    | 0.05%             | 2026-02-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                          | SOCIETE GENERALE 144A 01/27 VAR                            | CUSIP: 83368RBQ4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    400000 | PA      | $400224.97    | 0.07%             | 2027-01-12      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST 2023-3       | AMERICAN EXPRESS CREDIT ACCOUN AMXCA 2023 3 A              | CUSIP: 02582JKD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2020135.20   | 0.33%             | 2028-09-15      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | COFFEE 'C' FUTURE MAR26 IFUS 20260319                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       118 | NC      | $-1092526.21  | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | BRENT CRUDE FUTR  JUN26 IFEU 20260430                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |      -216 | NC      | $93844.01     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | BOUGHT ILS SOLD USD 20260115                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |         1 | NC      | $310.90       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | SOLD BRL BOUGHT USD 20260402                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |         1 | NC      | $-6387.14     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST | AERCAP IRELAND CAP/GLOBA COMPANY GUAR 10/26 2.45           | CUSIP: 00774MAV7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    700000 | PA      | $690677.88    | 0.11%             | 2026-10-29      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| MMAF EQUIPMENT FINANCE LLC 2023-A                         | MMAF EQUIPMENT FINANCE LLC MMAF 2023 A A2 144A             | CUSIP: 55317WAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      9288 | PA      | $9292.57      | 0.00%             | 2026-11-13      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2025-H20         | GOVERNMENT NATIONAL MORTGAGE A GNR 2025 H20 FA             | CUSIP: 38384LB73<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3510652 | PA      | $3522403.26   | 0.58%             | 2075-09-20      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FINANCE NORTH AMERICA LLC                   | MERCEDES BENZ FIN NA COMPANY GUAR 144A 04/27 VAR           | CUSIP: 58769JBD8<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2207964.00   | 0.36%             | 2027-04-01      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | ECX EMISSION      DEC26 NDEX 20261214                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | NL        |       139 | NC      | $534859.33    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKFORD TOWER CLO 2022-1 LTD                             | ROCKFORD TOWER CLO LTD ROCKT 2022 1A A1R 144A              | CUSIP: 77340JAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1100000 | PA      | $1101022.91   | 0.18%             | 2035-07-20      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | BOUGHT NZD SOLD USD 20260114                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |         1 | NC      | $10745.02     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | LEAN HOGS FUTURE  JUN26 XCME 20260612                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       217 | NC      | $246822.31    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MIZUHO BANK LTD/ SYDNEY BRANCH                            | MIZUHO BANK LTD/SYDNEY CERT OF DEPO 09/26 VAR              | CUSIP: ACI2JNV22<br>LEI: 254900O5B06Y1EPP2H33 | Long             | DBT              | CORP              | JP        |    300000 | PA      | $200855.68    | 0.03%             | 2026-09-14      | Floating      | 4.56%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | SOLD BRL BOUGHT USD 20260402                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |         1 | NC      | $3174.95      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                        | SO. CALIF EDISON                                           | CUSIP: 8424C1A57<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2898382.67   | 0.48%             | 2026-01-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | WHEAT FUTURE OPTN JUL26C 600 EXP 06/26/2026                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        63 | NC      | $47643.75     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | COTTON NO.2 FUTR  MAR26 IFUS 20260309                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        51 | NC      | $-36527.22    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| SUMITOMO MITSUI TRUST BANK LIMITED                        | SUMITOMO MITSUI TR BK LT SR UNSECURED REGS 09/26 VAR       | CUSIP: J7771YSN8<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |    600000 | PA      | $604115.40    | 0.10%             | 2026-09-14      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | CORN FUTURE       MAR26 XCBT 20260313                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       811 | NC      | $-85716.85    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| FANNIE MAE REMICS 2025-87                                 | FANNIE MAE FNR 2025 87 FC                                  | CUSIP: 3136BXQD9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1370012 | PA      | $1375537.37   | 0.23%             | 2055-10-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | US 2YR NOTE (CBT) MAR26 XCBT 20260331                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      -242 | NC      | $-15707.10    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-24                                 | FANNIE MAE FNR 2025 24 FA                                  | CUSIP: 3136BVRT7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1467270 | PA      | $1472444.33   | 0.24%             | 2055-04-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                        | CREDIT AGRICOLE SA 144A 07/26 VAR                          | CUSIP: 22534PAF0<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   1301000 | PA      | $1307662.82   | 0.22%             | 2026-07-05      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                      | EDISON INTERNATIONAL 01/26 ZCP                             | CUSIP: 28103BA28<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |   3300000 | PA      | $3299243.97   | 0.54%             | 2026-01-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFE GLOBAL FUNDING II                            | PACIFIC LIFE GF II SECURED 144A 02/27 VAR                  | CUSIP: 6944PL3G2<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2003095.34   | 0.33%             | 2027-02-04      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | RFR USD SOFR/3.29000 03/31/26-4Y* LCH                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $147296.33    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | BOUGHT EUR SOLD USD 20260114                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $-675.79      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                         | HSBC HOLDINGS PLC SR UNSECURED 08/27 VAR                   | CUSIP: 404280DY2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $503156.10    | 0.08%             | 2027-08-14      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| EVERGREEN CREDIT CARD TRUST SERIES 2025-1A                | EVERGREEN CREDIT CARD TRUST EVGRN 2025 1A A 144A           | CUSIP: 30023JCZ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | CA        |   3400000 | PA      | $3412824.12   | 0.56%             | 2029-10-15      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2025-89          | GOVERNMENT NATIONAL MORTGAGE A GNR 2025 89 PF              | CUSIP: 38385GMK2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1853336 | PA      | $1864966.03   | 0.31%             | 2055-05-20      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| COMMODITY WAREHOUSE RECEIPT                               | PLATINUM CMX WR FAC 8888 NYMEX RDR                         | CUSIP: 955GRNII3<br>LEI: N/A                  | Long             | COMM             |  | US        |      9169 | NS      | $18601001.31  | 3.07%             |  |  |  | No            |                  2 | On Loan: No      |
| TRINITAS CLO XIX LTD                                      | TRINITAS CLO LTD TRNTS 2022 19A A1R 144A                   | CUSIP: 89642FAN3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |    256352 | PA      | $256665.38    | 0.04%             | 2033-10-20      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | SOLD BRL BOUGHT USD 20260402                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |         1 | NC      | $-1770.56     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HCA INC                                                   | HCA INC DISC COML PAPER 02/26 ZCP                          | CUSIP: 40412DB24<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    300000 | PA      | $298877.73    | 0.05%             | 2026-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                       | NOMURA HOLDINGS INC SR UNSECURED 01/26 5.709               | CUSIP: 65535HBG3<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |   1500000 | PA      | $1500449.21   | 0.25%             | 2026-01-09      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| COMMODITY WAREHOUSE RECEIPT                               | GOLD CMX WR FAC 3002 MTB RDR                               | CUSIP: 902LHM908<br>LEI: N/A                  | Long             | COMM             |  | US        |      1362 | NS      | $5874624.62   | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | BOUGHT ILS SOLD USD 20260219                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |         1 | NC      | $38.15        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                        | BMW US CAPITAL LLC COMPANY GUAR 144A 08/27 VAR             | CUSIP: 05565EDE2<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   4100000 | PA      | $4111732.52   | 0.68%             | 2027-08-11      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | US 5YR NOTE (CBT) MAR26 XCBT 20260331                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      1249 | NC      | $-330400.14   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | BOUGHT EUR SOLD USD 20260114                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $-366.74      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5508                                   | FREDDIE MAC FHR 5508 FB                                    | CUSIP: 3137HJGE1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    641716 | PA      | $642148.83    | 0.11%             | 2055-02-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-103                                | FANNIE MAE FNR 2024 103 FJ                                 | CUSIP: 3136BUPN4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    741947 | PA      | $744751.89    | 0.12%             | 2055-01-25      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2023-D                   | SMB PRIVATE EDUCATION LOAN TRU SMB 2023 D A1B 144A         | CUSIP: 78450PAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1390301 | PA      | $1415329.47   | 0.23%             | 2053-09-15      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS COMPANY                                 | KRAFT HEINZ FOODS CO COMPANY GUAR 06/26 3                  | CUSIP: 50077LAD8<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3983070.88   | 0.66%             | 2026-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | LME ZINC FUTURE   JAN26 XLME 20260119                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       616 | NC      | $2709443.51   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| FREDDIE MAC REMICS 5480                                   | FREDDIE MAC FHR 5480 FG                                    | CUSIP: 3137HHUD1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    883100 | PA      | $886348.48    | 0.15%             | 2054-12-25      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | SOLD BRL BOUGHT USD 20260402                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |         1 | NC      | $-1395.69     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2025-98          | GOVERNMENT NATIONAL MORTGAGE A GNR 2025 98 GF              | CUSIP: 38381NNT1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  10574517 | PA      | $10624306.18  | 1.75%             | 2055-06-20      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | SOYBEAN FUTURE    JUL26 XCBT 20260714                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       247 | NC      | $-583688.85   | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | LME NICKEL FUTURE MAR26 XLME 20260316                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       331 | NC      | $2355252.82   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC HOLDINGS PLC                                         | HSBC HOLDINGS PLC SR UNSECURED 08/27 VAR                   | CUSIP: 404280DZ9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $2021435.86   | 0.33%             | 2027-08-14      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| ICG US CLO LTD 2015-2RA                                   | ICG US CLO LTD ICG 2015 2RA A1R 144A                       | CUSIP: 44933WAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    613276 | PA      | $613869.49    | 0.10%             | 2033-01-16      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | CRUDE OIL FUT OPT MAR26C 64 EXP 02/17/2026                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       -75 | NC      | $-41250.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | LIVE CATTLE FUTR  APR26 XCME 20260430                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       271 | NC      | $434692.47    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| JACKSON NATIONAL LIFE GLOBAL FUNDING                      | JACKSON NATL LIFE GLOBAL SECURED 144A 01/27 4.9            | CUSIP: 46849LVC2<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |    600000 | PA      | $605111.99    | 0.10%             | 2027-01-13      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | 317UADGA4 PIMCO SWAPTION 3.65 PUT USD 20260909             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        | 158500000 | NC      | $107225.25    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                           | CIGNA GROUP/THE SR UNSECURED 03/26 1.25                    | CUSIP: 125523CP3<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1491544.08   | 0.25%             | 2026-03-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | LME ZINC FUTURE   MAY26 XLME 20260518                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       183 | NC      | $597938.88    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL FUNDING                            | PROTECTIVE LIFE GLOBAL SECURED 144A 07/26 VAR              | CUSIP: 743672AG2<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |    800000 | PA      | $801271.90    | 0.13%             | 2026-07-22      | Floating      | 4.46%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | CRUDE OIL OPT IPE MAR26P 55 EXP 01/27/2026                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        89 | NC      | $23140.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE GLOBAL FUNDING                   | EQUITABLE FINANCIAL LIFE SECURED 144A 07/26 1.3            | CUSIP: 29449W7M3<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |    610000 | PA      | $601522.17    | 0.10%             | 2026-07-12      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | WTI CRUDE FUTURE  MAR26 XNYM 20260220                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       252 | NC      | $-816452.01   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2024-H20         | GOVERNMENT NATIONAL MORTGAGE A GNR 2024 H20 JF             | CUSIP: 38383K2U5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    936496 | PA      | $938992.70    | 0.15%             | 2074-11-20      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP INC                                | MIZUHO FINANCIAL GROUP SR UNSECURED 05/27 VAR              | CUSIP: 60687YBP3<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $197810.56    | 0.03%             | 2027-05-22      | Floating      | 1.23%                 | No            |                  2 | On Loan: No      |
| WIND RIVER CLO LTD 2016-1KRA                              | WIND RIVER CLO LTD WINDR 2016 1KRA A1R3 144A               | CUSIP: 97314DAN8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1690876 | PA      | $1686917.53   | 0.28%             | 2034-10-15      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| BAT INTERNATIONAL FINANCE PLC                             | BAT INTL FINANCE PLC COMPANY GUAR 03/26 1.668              | CUSIP: 05530QAN0<br>LEI: 21380041YBGOQDFAC823 | Long             | DBT              | CORP              | GB        |    952000 | PA      | $946825.86    | 0.16%             | 2026-03-25      | Fixed         | 1.67%                 | No            |                  2 | On Loan: No      |
| COMMODITY WAREHOUSE RECEIPT                               | PLATINUM NYM WR 9001 STONEX RDR                            | CUSIP: 990AAJDZ7<br>LEI: N/A                  | Long             | COMM             |  | US        |      2602 | NS      | $5278635.12   | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION LLC                              | SABINE PASS LIQUEFACTION SR SECURED 06/26 5.875            | CUSIP: 785592AV8<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |    281000 | PA      | $281408.67    | 0.05%             | 2026-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| WELLFLEET CLO 2021-2 LTD                                  | WELLFLEET CLO LTD WELF 2021 2A A1R 144A                    | CUSIP: 95023AAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2700000 | PA      | $2701181.47   | 0.45%             | 2034-07-15      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                         | EVERSOURCE ENERGY SR UNSECURED 08/26 1.4                   | CUSIP: 30040WAN8<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196646.60    | 0.03%             | 2026-08-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                                      | GLENCORE FUNDING LLC COMPANY GUAR REGS 04/27 VAR           | CUSIP: U37818BS6<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301435.19    | 0.05%             | 2027-04-04      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | SOLD BRL BOUGHT USD 20260402                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |         1 | NC      | $-3450.65     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | LME NICKEL FUTURE JAN26 XLME 20260119                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |      -237 | NC      | $-2077593.06  | -0.34%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | NAT GAS EURO OPT  MAR26P 3 EXP 02/24/2026                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       -31 | NC      | $-68324.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| FOX CORPORATION                                           | FOX CORP SR UNSECURED 01/29 4.709                          | CUSIP: 35137LAH8<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |    900000 | PA      | $911736.57    | 0.15%             | 2029-01-25      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO 2020-2 LTD                        | BAIN CAPITAL CREDIT CLO, LIMIT BCC 2020 2A ARR 144A        | CUSIP: 05683EAW2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1200000 | PA      | $1200602.35   | 0.20%             | 2034-07-19      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5410                                   | FREDDIE MAC FHR 5410 FB                                    | CUSIP: 3137HCUC4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    995479 | PA      | $1002070.01   | 0.17%             | 2054-05-25      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                     | CROWN CASTLE 01/26 ZCP                                     | CUSIP: 22823QAL5<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4489539.30   | 0.74%             | 2026-01-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-12                                 | FANNIE MAE FNR 2025 12 EF                                  | CUSIP: 3136BVGN2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3944686 | PA      | $3959210.74   | 0.65%             | 2055-03-25      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| ERAC USA FINANCE LLC                                      | ERAC USA FINANCE LLC                                       | CUSIP: 26882SAC0<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |   5800000 | PA      | $5792480.88   | 0.96%             | 2026-01-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KRATON CORP (AKA: KRATON PERFORMANCE POLYMERS INC)        | KRATON CORP COMPANY GUAR 144A 07/27 5                      | CUSIP: 50077CAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3046840.14   | 0.50%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VMWARE LLC                                                | VMWARE LLC SR UNSECURED 08/26 1.4                          | CUSIP: 928563AJ4<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1675320.93   | 0.28%             | 2026-08-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5601                                   | FREDDIE MAC FHR 5601 F                                     | CUSIP: 3137HNQX9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    691125 | PA      | $694178.66    | 0.11%             | 2055-11-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE EUROPEAN LOAN FUNDING 2025-1 DAC 25-1A      | PALMER SQUARE EUROPEAN LOAN FU PSTET 2025 1A A 144A        | CUSIP: ACI2TS750<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |   1354354 | PA      | $1592870.25   | 0.26%             | 2034-10-15      | Floating      | 2.86%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5565                                   | FREDDIE MAC FHR 5565 FA                                    | CUSIP: 3137HMGJ3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    661781 | PA      | $664657.44    | 0.11%             | 2055-08-25      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| LCM LOAN INCOME FUND I LTD                                | LCM LOAN INCOME FUND LTD LCMLF 1A A 144A                   | CUSIP: 50189XAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     81441 | PA      | $81541.54     | 0.01%             | 2031-04-20      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5500                                   | FREDDIE MAC FHR 5500 AF                                    | CUSIP: 3137HJ7M3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    620747 | PA      | $621155.29    | 0.10%             | 2055-02-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2025-101         | GOVERNMENT NATIONAL MORTGAGE A GNR 2025 101 FC             | CUSIP: 38385GB99<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1711638 | PA      | $1718013.07   | 0.28%             | 2055-06-20      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| ATLANTIC AVENUE 2024-3A LTD                               | ATLANTIC AVENUE LTD MCCP 2024 3A A 144A                    | CUSIP: 04822JAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1200000 | PA      | $1201157.50   | 0.20%             | 2035-01-20      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| DBS GROUP HOLDINGS LTD                                    | DBS GROUP HOLDINGS LTD SR UNSECURED 144A 03/28 VAR         | CUSIP: 24023KAM0<br>LEI: 5493007FKT78NKPM5V55 | Long             | DBT              | CORP              | SG        |   1400000 | PA      | $1404664.79   | 0.23%             | 2028-03-21      | Floating      | 4.30%                 | No            |                  2 | On Loan: No      |
| JAMESTOWN CLO XVI LTD 2021-16A                            | JAMESTOWN CLO LTD JTWN 2021 16A AR 144A                    | CUSIP: 47048RAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    600000 | PA      | $600121.24    | 0.10%             | 2034-07-25      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| ATCLO-2021-17A                                            | ATLAS SENIOR LOAN FUND LTD ATCLO 2021 17A AR 144A          | CUSIP: 04942FAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1600000 | PA      | $1596400.00   | 0.26%             | 2034-10-20      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-99                                 | FANNIE MAE FNR 2025 99 KF                                  | CUSIP: 3136BXY40<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1095338 | PA      | $1099316.23   | 0.18%             | 2055-11-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | CCA VINTAGE 2026  DEC26 IFED 20261224                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       778 | NC      | $1248108.87   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ENEL FINANCE INTERNATIONAL NV                             | ENEL FINANCE INTL NV COMPANY GUAR 144A 07/26 1.625         | CUSIP: 29278GAM0<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |   2100000 | PA      | $2073883.81   | 0.34%             | 2026-07-12      | Variable      | 1.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | NAT GAS EURO OPT  MAR26P 3.5 EXP 02/24/2026                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |      -273 | NC      | $-1457820.00  | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| BRAZIL GOVT                                               | LETRA TESOURO NACIONAL BILLS 04/26 0.00000                 | CUSIP: ACI2MFC91<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   9100000 | PA      | $1606427.02   | 0.27%             | 2026-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5428                                   | FREDDIE MAC FHR 5428 CF                                    | CUSIP: 3137HDKQ2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1114035 | PA      | $1117945.90   | 0.18%             | 2054-07-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                        | BANCO SANTANDER SA 07/28 VAR                               | CUSIP: 05964HBE4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   2000000 | PA      | $2012847.62   | 0.33%             | 2028-07-15      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | SOLD AUD BOUGHT USD 20260114                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |         1 | NC      | $-138283.15   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                     | CROWN CASTLE INC SR UNSECURED 02/26 4.45                   | CUSIP: 22822VAB7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    500000 | PA      | $499935.05    | 0.08%             | 2026-02-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ARES LX CLO LTD 60A                                       | ARES CLO LTD ARES 2021 60A AR 144A                         | CUSIP: 04018FAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    400000 | PA      | $400122.46    | 0.07%             | 2034-07-18      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                          | BERRY GLOBAL INC SR SECURED 01/26 1.57                     | CUSIP: 08576PAH4<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |   5100000 | PA      | $5094965.48   | 0.84%             | 2026-01-15      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | CRUDE OIL OPT IPE MAR26C 70 EXP 01/27/2026                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       -89 | NC      | $-12460.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| SUMITOMO MITSUI FINANCIAL GROUP INC                       | SUMITOMO MITSUI FINL GRP SR UNSECURED 07/26 VAR            | CUSIP: 86562MCZ1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |   3500000 | PA      | $3520908.41   | 0.58%             | 2026-07-13      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | AUST 3YR BOND FUT MAR26 XSFE 20260316                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | AU        |       436 | NC      | $28454.58     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| VW CREDIT INC                                             | VW CR INC                                                  | CUSIP: 91842KAD8<br>LEI: 549300UUPJ2NXDB68M19 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1497889.80   | 0.25%             | 2026-01-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-18                                 | FANNIE MAE FNR 2025 18 FM                                  | CUSIP: 3136BVKH0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8973478 | PA      | $9005114.99   | 1.49%             | 2054-09-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM 2025-3 TRUST                   | SOFI CONSUMER LOAN PROGRAM TRU SCLP 2025 3 A 144A          | CUSIP: 83390JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    759338 | PA      | $761721.96    | 0.13%             | 2034-08-15      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | SOLD BRL BOUGHT USD 20260402                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |         1 | NC      | $191.05       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                      | ROYAL BANK OF CANADA SR UNSECURED 01/27 VAR                | CUSIP: 78016EYZ4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    800000 | PA      | $803619.86    | 0.13%             | 2027-01-21      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | NAT GAS EURO OPT  MAR26C 4.5 EXP 02/24/2026                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       122 | NC      | $50508.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | SOLD CAD BOUGHT USD 20260114                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |         1 | NC      | $-5065.09     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                               | BNP PARIBAS 144A 01/27 VAR                                 | CUSIP: 09659W2N3<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    600000 | PA      | $599440.88    | 0.10%             | 2027-01-13      | Floating      | 1.32%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE LLC                   | VOLKSWAGEN GROUP AMERICA COMPANY GUAR 144A 03/26 VAR       | CUSIP: 928668CD2<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1301266.81   | 0.21%             | 2026-03-20      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                               | ROYAL CARIBBEAN CRUISES SR UNSECURED 144A 08/26 5.5        | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   2000000 | PA      | $2003238.34   | 0.33%             | 2026-08-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                                    | MORGAN STANLEY BANK NA SR UNSECURED 10/27 VAR              | CUSIP: 61690U8F0<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1002272.96   | 0.17%             | 2027-10-15      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | US ULTRA BOND CBT MAR26 XCBT 20260320                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -50 | NC      | $60462.22     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINANCE NORTH AMERICA LLC                   | DAIMLER TRUCK FINAN NA COMPANY GUAR 144A 10/30 4.65        | CUSIP: 233853BH2<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   5400000 | PA      | $5440951.76   | 0.90%             | 2030-10-12      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | SOLD AUD BOUGHT USD 20260114                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |         1 | NC      | $-101095.93   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| AIR LEASE CORPORATION                                     | AIR LEASE CORP DISC COML 01/26 ZCP                         | CUSIP: 00913XAF0<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   5600000 | PA      | $5590539.92   | 0.92%             | 2026-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | LME NICKEL FUTURE JAN26 XLME 20260119                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       237 | NC      | $1662342.45   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | BRENT CRUDE FUTR  DEC26 IFEU 20261030                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       453 | NC      | $-726983.47   | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2019-H05         | GOVERNMENT NATIONAL MORTGAGE A GNR 2019 H05 FT             | CUSIP: 38380LSX2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    115723 | PA      | $115420.69    | 0.02%             | 2069-04-20      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA/NEW YORK BRANCH                  | COOPERAT RABOBANK UA/NY 08/26 VAR                          | CUSIP: 21688ABG6<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |   1300000 | PA      | $1303372.53   | 0.22%             | 2026-08-28      | Floating      | 4.46%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | LME LEAD FUTURE   JAN26 XLME 20260119                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        54 | NC      | $-20290.06    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | LME LEAD FUTURE   JAN26 XLME 20260119                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       -54 | NC      | $57459.94     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TRYSAIL CLO 2022-1A LTD                                   | TRYSAIL CLO LTD TRYSL 2022 1A A 144A                       | CUSIP: 89856JAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    500000 | PA      | $500560.09    | 0.08%             | 2033-10-20      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| COMMODITY WAREHOUSE RECEIPT                               | PLATINUM NYM 2001 JPM RDR                                  | CUSIP: 990ABFWB6<br>LEI: N/A                  | Long             | COMM             |  | US        |        51 | NS      | $103462.87    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| GM FINANCIAL AUTOMOBILE LEASING TRUST 2025-2              | GM FINANCIAL AUTOMOBILE LEASIN GMALT 2025 2 A2A            | CUSIP: 362962AB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1284392 | PA      | $1288337.09   | 0.21%             | 2027-07-20      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATIONAL INFORMATION SERVICES INC                | FIDELITY NATL INFORMATION SVCS 01/26 ZCP                   | CUSIP: 31622GAP2<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3591177.48   | 0.59%             | 2026-01-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NORTHWOODS CAPITAL XII-B LTD 2018-12BA                    | NORTHWOODS CAPITAL LTD WOODS 2018 12BA AR 144A             | CUSIP: 66858CAN7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    633134 | PA      | $633911.21    | 0.10%             | 2031-06-15      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                        | SOUTHERN CAL EDISON 1ST MORTGAGE 09/26 4.4                 | CUSIP: 842400JF1<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100194.03    | 0.02%             | 2026-09-06      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CITIZENS AUTO RECEIVABLES TRUST 2023-1                    | CITIZENS AUTO RECEIVABLES TRUS CITZN 2023 1 A3 144A        | CUSIP: 17331KAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    766478 | PA      | $771087.09    | 0.13%             | 2028-01-18      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | WHEAT FUTURE(CBT) MAR26 XCBT 20260313                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |      -145 | NC      | $330824.57    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | LME ZINC FUTURE   JAN26 XLME 20260119                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |      -616 | NC      | $-1468122.69  | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION  | NATIONAL RURAL UTIL COOP SR UNSECURED 11/26 VAR            | CUSIP: 63743HFY3<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1503668.46   | 0.25%             | 2026-11-22      | Floating      | 4.42%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                               | BANK OF AMERICA CORP SR UNSECURED 07/27 VAR                | CUSIP: 06051GJS9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   4600000 | PA      | $4541941.42   | 0.75%             | 2027-07-22      | Floating      | 1.73%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                     | CROWN CASTLE 01/26 ZCP                                     | CUSIP: 22823QAM3<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    500000 | PA      | $498779.70    | 0.08%             | 2026-01-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2023-H24         | GOVERNMENT NATIONAL MORTGAGE A GNR 2023 H24 FA             | CUSIP: 38383KGP1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    898737 | PA      | $909914.82    | 0.15%             | 2073-10-20      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK OF COMMERCE (CIBC)                 | CANADIAN IMPERIAL BANK SR UNSECURED 06/27 VAR              | CUSIP: 13607L8D8<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $201452.12    | 0.03%             | 2027-06-28      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | SOLD GBP BOUGHT USD 20260114                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |         1 | NC      | $-31954.98    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | LME PRI ALUM FUTR JAN26 XLME 20260119                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       670 | NC      | $5274870.20   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | COFFEE 'C' FUTURE JUL26 IFUS 20260721                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        58 | NC      | $-132448.66   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| DNB BANK ASA                                              | DNB BANK ASA 144A 05/27 VAR                                | CUSIP: 23329PAG5<br>LEI: 549300GKFG0RYRRQ1414 | Long             | DBT              | CORP              | NO        |   2000000 | PA      | $1979965.92   | 0.33%             | 2027-05-25      | Floating      | 1.53%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                   | HCA INC DISC COML PAPER 01/26 ZCP                          | CUSIP: 40412DAL3<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4988834.50   | 0.82%             | 2026-01-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-95                                 | FANNIE MAE FNR 2025 95 F                                   | CUSIP: 3136BXN67<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1848725 | PA      | $1852002.78   | 0.31%             | 2053-12-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | BOUGHT AUD SOLD USD 20260114                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |         1 | NC      | $4802.09      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NAVIENT REFINANCE LOAN TRUST 2025-C                       | NAVIENT REFINANCE LOAN TRUST NAVRL 2025 C A 144A           | CUSIP: 638973AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1260452 | PA      | $1264279.58   | 0.21%             | 2055-10-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORPORATION                                   | NTT FINANCE CORP COMPANY GUAR 144A 04/26 1.162             | CUSIP: 62954WAC9<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |   1700000 | PA      | $1687573.20   | 0.28%             | 2026-04-03      | Fixed         | 1.16%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                        | BMW US CAPITAL LLC COMPANY GUAR 144A 08/26 VAR             | CUSIP: 05565ECN3<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1504733.03   | 0.25%             | 2026-08-13      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-16                                 | FANNIE MAE FNR 2025 16 FM                                  | CUSIP: 3136BU5M8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3243759 | PA      | $3258632.77   | 0.54%             | 2055-01-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | PLATINUM FUTURE   FEB26 XNYM 20260225                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        -2 | NC      | $-38578.53    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | KC HRW WHEAT FUT  MAY26 XCBT 20260514                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        26 | NC      | $-11856.98    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2024-P4                    | CARVANA AUTO RECEIVABLES TRUST CRVNA 2024 P4 A3            | CUSIP: 14076LAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $805152.64    | 0.13%             | 2030-01-10      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | SOYBEAN FUTURE    MAR26 XCBT 20260313                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       272 | NC      | $-1099908.05  | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | BOUGHT EUR SOLD USD 20260114                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $1147.93      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | LOW SU GASOIL G   JUN26 IFEU 20260611                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       216 | NC      | $-622559.76   | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | BOUGHT NZD SOLD USD 20260114                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |         1 | NC      | $522.03       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF TOKYO-MITSUBISHI UFJ LTD/SYDNEY BRANCH            | MUFG BANK LTD SYDNEY CERT OF DEPO 02/26 VAR                | CUSIP: ACI2CXPL2<br>LEI: C3GTMMZIHMY46P4OIX74 | Long             | DBT              | CORP              | JP        |   2000000 | PA      | $1335679.46   | 0.22%             | 2026-02-17      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| EMERA US FINANCE LP                                       | EMERA US FINANCE LP COMPANY GUAR 06/26 3.55                | CUSIP: 29103DAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $99698.88     | 0.02%             | 2026-06-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TRUST BANK LIMITED                        | SUMITOMO MITSUI TR BK LT SR UNSECURED 144A 09/26 VAR       | CUSIP: 86563VBL2<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |    300000 | PA      | $302057.70    | 0.05%             | 2026-09-14      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                              | UBS GROUP AG SR UNSECURED 144A 02/27 VAR                   | CUSIP: 225401AT5<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   2750000 | PA      | $2742337.40   | 0.45%             | 2027-02-02      | Floating      | 1.30%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | GOLD 100 OZ FUTR  APR26 XCEC 20260428                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       148 | NC      | $-573505.23   | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2025-118         | GOVERNMENT NATIONAL MORTGAGE A GNR 2025 118 FA             | CUSIP: 38381ND21<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2345058 | PA      | $2356717.10   | 0.39%             | 2055-07-20      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | BOUGHT GBP SOLD USD 20260114                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |         1 | NC      | $27462.20     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORPORATION                           | TOYOTA MOTOR CREDIT CORP SR UNSECURED 08/26 VAR            | CUSIP: 89236TML6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2006737.96   | 0.33%             | 2026-08-07      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE EUROPEAN LOAN FUNDING 2023-2A DAC           | PALMER SQUARE EUROPEAN LOAN FU PSTET 2023 2A AR 144A       | CUSIP: ACI2QLH16<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    384541 | PA      | $452153.61    | 0.07%             | 2033-01-15      | Floating      | 2.99%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | LME NICKEL FUTURE MAR26 XLME 20260316                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |      -207 | NC      | $-1799098.89  | -0.30%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | LME LEAD FUTURE   MAR26 XLME 20260316                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       -55 | NC      | $-37262.70    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | COPPER FUTURE     MAR26 XCEC 20260327                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        98 | NC      | $807545.11    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | LME PRI ALUM FUTR MAY26 XLME 20260518                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |      -282 | NC      | $-1305035.48  | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                               | ROYAL CARIBBEAN CRUISES SR UNSECURED 144A 04/28 5.5        | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    100000 | PA      | $101844.35    | 0.02%             | 2028-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | LME ZINC FUTURE   MAY26 XLME 20260518                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |      -183 | NC      | $-186129.12   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2024-13          | GOVERNMENT NATIONAL MORTGAGE A GNR 2024 13 FA              | CUSIP: 38384GP87<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    601480 | PA      | $604244.38    | 0.10%             | 2054-01-20      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | 317UBAJA6 PIMCO SWAPTION 4.25 PUT USD 20261209             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        | 140000000 | NC      | $36736.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| M&T BANK AUTO RECEIVABLES TRUST 2024-1A                   | M+T BANK AUTO RECEIVABLES TRUS MTBAT 2024 1A A3 144A       | CUSIP: 55286TAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1091059 | PA      | $1103361.10   | 0.18%             | 2032-02-17      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                   | BPCE SA 144A 01/27 VAR                                     | CUSIP: 05583JAN2<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   3420000 | PA      | $3422117.90   | 0.56%             | 2027-01-18      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | 317UA27A8 PIMCO SWAPTION 2.5 CALL USD 20260213             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        | 170600000 | NC      | $2593.12      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | PARIBAS REPO                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |  27100000 | PA      | $27100000.00  | 4.47%             |  |  |  | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE LLC                   | VOLKSWAGEN GROUP AMERICA COMPANY GUAR 144A 08/26 4.9       | CUSIP: 928668CK6<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2510684.65   | 0.41%             | 2026-08-14      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| CQS US CLO 2021-1 LTD                                     | CQS US CLO LTD CQS 2021 1A AR 144A                         | CUSIP: 12659UAL6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    200000 | PA      | $200194.68    | 0.03%             | 2035-01-20      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE CORPORATION                       | NISSAN MOTOR ACCEPTANCE SR UNSECURED 144A 09/26 1.85       | CUSIP: 65480CAC9<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1468096.05   | 0.24%             | 2026-09-16      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| LCM 36 LTD                                                | LCM LTD PARTNERSHIP LCM 36A A1R 144A                       | CUSIP: 50190LAL2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1600000 | PA      | $1598005.58   | 0.26%             | 2034-01-15      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| CUMULUS STATIC CLO 2024-1 DAC 24-1A                       | CUMULUS STATIC CLO CMLST 2024 1A A 144A                    | CUSIP: ACI2NK2H2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    515453 | PA      | $606722.81    | 0.10%             | 2033-11-15      | Floating      | 3.26%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | LME PRI ALUM FUTR MAR26 XLME 20260316                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       580 | NC      | $3262322.05   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | BOUGHT NZD SOLD USD 20260114                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |         1 | NC      | $9414.48      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | REPO BANK AMERICA REPO                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |  17700000 | PA      | $17700000.00  | 2.92%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | KC HRW WHEAT FUT  MAR26 XCBT 20260313                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       456 | NC      | $-521743.10   | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | LME LEAD FUTURE   MAR26 XLME 20260316                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        55 | NC      | $-42620.95    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | LIVE CATTLE FUTR  JUN26 XCME 20260630                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       248 | NC      | $1331573.13   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | SILVER FUTURE     JAN26 XCEC 20260128                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       -40 | NC      | $-2187543.09  | -0.36%            |  |  |  | No            |                  1 | On Loan: No      |
| KKR CLO 42A LTD                                           | KKR FINANCIAL CLO LTD KKR 42A AR 144A                      | CUSIP: 48255EAJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2700000 | PA      | $2702025.00   | 0.45%             | 2034-07-20      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| NAVESINK CLO 2 LTD 2024-2A                                | NAVESINK CLO, LIMITED NAVS 2024 2A A1R 144A                | CUSIP: 63942YAQ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1100000 | PA      | $1100000.00   | 0.18%             | 2036-01-15      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                        | TREASURY BILL 01/26 0.00000                                | CUSIP: 912797SH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     15000 | PA      | $14963.29     | 0.00%             | 2026-01-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| 7-ELEVEN INC                                              | 7 ELEVEN INC SR UNSECURED 144A 02/26 0.95                  | CUSIP: 817826AC4<br>LEI: 549300K23JPL0SS3LB18 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1096167.25   | 0.18%             | 2026-02-10      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | BRENT CRUDE FUTR  SEP26 IFEU 20260731                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       484 | NC      | $-399774.12   | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| COMMODITY WAREHOUSE RECEIPT                               | GOLD CMX WR FAC 2001 JPM RDR                               | CUSIP: 942WEW907<br>LEI: N/A                  | Long             | COMM             |  | US        |      1069 | NS      | $4610847.07   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-100                                | FANNIE MAE FNR 2024 100 FA                                 | CUSIP: 3136BUFY1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    883134 | PA      | $886068.82    | 0.15%             | 2054-06-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | SOLD BRL BOUGHT USD 20260402                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |         1 | NC      | $-7067.89     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | SOLD EUR BOUGHT USD 20260114                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $-5085.43     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | LME ZINC FUTURE   MAR26 XLME 20260316                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       691 | NC      | $2228276.26   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN HONDA FINANCE CORPORATION                        | AMERICAN HONDA FINANCE SR UNSECURED 08/27 VAR              | CUSIP: 02665WGH8<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   4300000 | PA      | $4309938.29   | 0.71%             | 2027-08-13      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-88                                 | FANNIE MAE FNR 2025 88 KF                                  | CUSIP: 3136BXZS6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    595717 | PA      | $598149.92    | 0.10%             | 2055-09-25      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                    | STANDARD CHARTERED PLC SR UNSECURED 144A 07/27 VAR         | CUSIP: 853254CT5<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $404122.63    | 0.07%             | 2027-07-06      | Floating      | 6.19%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                     | ATHENE GLOBAL FUNDING SECURED 144A 08/26 VAR               | CUSIP: 04685A4B4<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2307993.08   | 0.38%             | 2026-08-27      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | LME PRI ALUM FUTR JAN26 XLME 20260119                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |      -670 | NC      | $-3806339.84  | -0.63%            |  |  |  | No            |                  1 | On Loan: No      |
| STANDARD CHARTERED PLC                                    | STANDARD CHARTERED PLC SR UNSECURED 144A 01/27 VAR         | CUSIP: 853254CQ1<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    514000 | PA      | $514161.68    | 0.08%             | 2027-01-09      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                          | ABN AMRO BANK NV 144A 06/27 VAR                            | CUSIP: 00084DAU4<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   1600000 | PA      | $1580807.71   | 0.26%             | 2027-06-16      | Floating      | 1.54%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATIONAL INFORMATION SERVICES INC                | FIDELITY NATL INFORMATION SVCS                             | CUSIP: 31622GAE7<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |    600000 | PA      | $599107.44    | 0.10%             | 2026-01-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO LEASE SECURITIZATION TRUST 2025-C            | HYUNDAI AUTO LEASE SECURITIZAT HALST 2025 C A2B 144A       | CUSIP: 44935GAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2700000 | PA      | $2701142.64   | 0.45%             | 2028-01-18      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| UBS AG/SYDNEY BRANCH                                      | UBS AG AUSTRALIA SR UNSECURED REGS 02/26 VAR               | CUSIP: ACI1W1TV6<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |    700000 | PA      | $467229.38    | 0.08%             | 2026-02-26      | Floating      | 4.16%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA (AKA: RABOBANK NEDERLAND)        | COOPERATIEVE RABOBANK UA 144A 12/27 VAR                    | CUSIP: 74977RDL5<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |   1500000 | PA      | $1470606.81   | 0.24%             | 2027-12-15      | Floating      | 1.98%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                        | SO. CALIF EDISON                                           | CUSIP: 8424C1AW8<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    900000 | PA      | $896895.00    | 0.15%             | 2026-01-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PARALLEL 2021-1 LTD                                       | PARALLEL LTD PARL 2021 1A AR 144A                          | CUSIP: 69916HAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1400000 | PA      | $1397423.27   | 0.23%             | 2034-07-15      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | 317UADSA1 PIMCO SWAPTION 3.65 PUT USD 20260909             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |  83100000 | NC      | $56217.15     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | BRENT CRUDE FUTR  MAR26 IFEU 20260130                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       474 | NC      | $-257291.08   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| AIR LEASE CORPORATION                                     | AIR LEASE CORP DISC COML 01/26 ZCP                         | CUSIP: 00913XA29<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   3300000 | PA      | $3299267.73   | 0.54%             | 2026-01-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2025-H22         | GOVERNMENT NATIONAL MORTGAGE A GNR 2025 H22 F              | CUSIP: 38384LA58<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3491378 | PA      | $3506916.59   | 0.58%             | 2075-10-20      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| PIMCO FUNDS                                               | PIMCO ENHANCED SHORT MATURITY PIMCO ENHANCED SHORT MATURIT | CUSIP: 72201R833<br>LEI: VOYE9Z80GB9431LFS645 | Long             | EC               | RF                | US        |    153828 | NS      | $15435101.52  | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| MADISON PARK FUNDING XLVI LTD 2020-46A                    | MADISON PARK FUNDING LTD MDPK 2020 46A ARR 144A            | CUSIP: 55822AAW7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1400000 | PA      | $1399047.05   | 0.23%             | 2034-10-15      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                    | STANDARD CHARTERED PLC SR UNSECURED REGS 02/28 VAR         | CUSIP: G84228GA0<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    800000 | PA      | $811698.18    | 0.13%             | 2028-02-08      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| ARES LXV CLO LTD                                          | ARES CLO LTD ARES 2022 65A A1R 144A                        | CUSIP: 04019FAL1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2700000 | PA      | $2699609.07   | 0.45%             | 2034-07-25      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | SUGAR  11 (WORLD) MAR26 IFUS 20260227                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       150 | NC      | $-148445.91   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | LME NICKEL FUTURE JUL26 XLME 20260713                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       156 | NC      | $1137774.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ALBACORE EURO CLO IV DAC 4A                               | ALBACORE EURO CLO ALBAC 4A AR 144A                         | CUSIP: ACI2Q3N92<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    999913 | PA      | $1176175.77   | 0.19%             | 2035-07-15      | Floating      | 3.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-66                                 | FANNIE MAE FNR 2025 66 FK                                  | CUSIP: 3136BWYL4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1300572 | PA      | $1305687.83   | 0.22%             | 2055-08-25      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY PRIVATE BANK NATIONAL ASSOCIATION          | MORGAN STANLEY PVT BANK SR UNSECURED 07/28 VAR             | CUSIP: 61776NVF7<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5011642.45   | 0.83%             | 2028-07-06      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                    | STANDARD CHARTERED PLC SR UNSECURED 144A 05/28 VAR         | CUSIP: 853254DD9<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $1006722.30   | 0.17%             | 2028-05-14      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-16                                 | FANNIE MAE FNR 2025 16 FN                                  | CUSIP: 3136BU6A3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    896152 | PA      | $900369.60    | 0.15%             | 2055-01-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-54                                 | FANNIE MAE FNR 2025 54 FM                                  | CUSIP: 3136BWNW2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1824378 | PA      | $1831238.45   | 0.30%             | 2055-07-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| COMMODITY WAREHOUSE RECEIPT                               | GOLD CMX WR FAC 8001 ASAHI RDR                             | CUSIP: 955GRP907<br>LEI: N/A                  | Long             | COMM             |  | US        |       399 | NS      | $1720980.34   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | NAT GAS EURO OPT  MAR26P 3.05 EXP 02/24/2026               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |      -117 | NC      | $-287469.00   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | SOYBEAN MEAL FUTR MAR26 XCBT 20260313                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       375 | NC      | $-959598.77   | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| TRINITAS CLO VI LTD 2017-6A                               | TRINITAS CLO LTD TRNTS 2017 6A AR4 144A                    | CUSIP: 89640YBQ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1900000 | PA      | $1900857.62   | 0.31%             | 2034-01-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| THL CREDIT WIND RIVER CLO LTD 2017-3A                     | WIND RIVER CLO LTD WINDR 2017 3A AR2 144A                  | CUSIP: 97316LAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2700000 | PA      | $2702316.41   | 0.45%             | 2035-04-15      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| OCEAN TRAILS CLO XI 2021-11A                              | OCEAN TRAILS CLO OCTR 2021 11A AR 144A                     | CUSIP: 67514VAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1400000 | PA      | $1396500.00   | 0.23%             | 2034-07-20      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | NATURAL GAS FUTR  APR26 XNYM 20260327                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |      -391 | NC      | $1146738.39   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK INC                                                | AMETEK INC DISC COML 01/26 ZCP                             | CUSIP: 03111CAC7<br>LEI: 549300WZDEF9KKE40E98 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1198471.68   | 0.20%             | 2026-01-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | RFR USD SOFR/3.75000 12/18/24-5Y LCH                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-309169.38   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                     | ATHENE GLOBAL FUNDING SECURED 144A 07/26 VAR               | CUSIP: 04685A4J7<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3004808.61   | 0.50%             | 2026-07-16      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| COMMODITY WAREHOUSE RECEIPT                               | GOLD CMX WR FAC 4001(BRINKS) RDR                           | CUSIP: 942WEX905<br>LEI: N/A                  | Long             | COMM             |  | US        |     10068 | NS      | $43425639.23  | 7.17%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5584                                   | FREDDIE MAC FHR 5584 DF                                    | CUSIP: 3137HNCM8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    962079 | PA      | $966083.18    | 0.16%             | 2055-10-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | 317UBAKA4 PIMCO SWAPTION 4.25 PUT USD 20261209             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   1700000 | NC      | $446.08       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                  | LLOYDS BANKING GROUP PLC SR UNSECURED 08/27 VAR            | CUSIP: 53944YAW3<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   1800000 | PA      | $1811524.54   | 0.30%             | 2027-08-07      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | GASOLINE RBOB FUT MAR26 XNYM 20260227                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       -46 | NC      | $201858.46    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                     | CROWN CASTLE                                               | CUSIP: 22823QA68<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    300000 | PA      | $299790.42    | 0.05%             | 2026-01-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                   | HCA INC DISC COML PAPER 01/26 ZCP                          | CUSIP: 40412DAD1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1098411.82   | 0.18%             | 2026-01-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UBS AG/SYDNEY BRANCH                                      | UBS AG AUSTRALIA SR UNSECURED REGS 05/26 VAR               | CUSIP: ACI2FYK57<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |   3500000 | PA      | $2343760.01   | 0.39%             | 2026-05-12      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATIONAL INFORMATION SERVICES INC                | FIDELITY NATL INFORMATION SVCS                             | CUSIP: 31622GA72<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1598814.72   | 0.26%             | 2026-01-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ARES XXVII CLO LTD 2013-2A                                | ARES CLO LTD ARES 2013 2A AR3 144A                         | CUSIP: 00190YBP9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1200000 | PA      | $1200383.52   | 0.20%             | 2034-10-28      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY INC                      | GENERAL MOTORS FINL CO SR UNSECURED 06/26 1.5              | CUSIP: 37045XDK9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    511000 | PA      | $505313.92    | 0.08%             | 2026-06-10      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| SVENSKA HANDELSBANKEN AB                                  | SVENSKA HANDELSBANKEN AB 144A 05/27 VAR                    | CUSIP: 86959LAR4<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |   2500000 | PA      | $2510015.45   | 0.41%             | 2027-05-28      | Floating      | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | SOLD MXN BOUGHT USD 20260318                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | MX        |         1 | NC      | $-5.44        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ING GROEP NV                                              | ING GROEP NV SR UNSECURED 04/27 VAR                        | CUSIP: 456837AX1<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   1000000 | PA      | $1001464.27   | 0.17%             | 2027-04-01      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | US 10YR ULTRA FUT MAR26 XCBT 20260320                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -93 | NC      | $16016.83     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BOEING CO/THE                                             | BOEING CO SR UNSECURED 05/26 3.1                           | CUSIP: 097023CH6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    870000 | PA      | $866692.71    | 0.14%             | 2026-05-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| THE CAMPBELLS COMPANY                                     | CAMPBELLS COMPANY/THE SR UNSECURED 03/26 5.3               | CUSIP: 134429BL2<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |   3800000 | PA      | $3809103.66   | 0.63%             | 2026-03-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | LOW SU GASOIL G   MAR26 IFEU 20260312                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        61 | NC      | $59458.95     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FREDDIE MAC REMICS 5534                                   | FREDDIE MAC FHR 5534 FM                                    | CUSIP: 3137HLEP3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1635267 | PA      | $1642857.74   | 0.27%             | 2055-05-25      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5557                                   | FREDDIE MAC FHR 5557 FM                                    | CUSIP: 3137HLZ21<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2910341 | PA      | $2921208.20   | 0.48%             | 2055-07-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| CANYON CAPITAL CLO 2019-2 LTD                             | CANYON CAPITAL CLO LTD CANYC 2019 2A AR2 144A              | CUSIP: 13887WAS9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1400000 | PA      | $1399175.47   | 0.23%             | 2034-10-15      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | SOLD AUD BOUGHT USD 20260114                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |         1 | NC      | $-73686.46    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | NY HARB ULSD FUT  JUN26 XNYM 20260529                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       256 | NC      | $-1389915.36  | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | SOYBEAN OIL FUTR  MAR26 XCBT 20260313                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |      -221 | NC      | $444830.24    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BANQUE FEDERATIVE DU CREDIT MUTUEL (BFCM)                 | BANQUE FED CRED MUTUEL 144A 10/28 VAR                      | CUSIP: 06675DCQ3<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    800000 | PA      | $804346.84    | 0.13%             | 2028-10-16      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5532                                   | FREDDIE MAC FHR 5532 FA                                    | CUSIP: 3137HKPJ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2440313 | PA      | $2451208.51   | 0.40%             | 2055-04-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | CAN 5YR BOND FUT  MAR26 XMOD 20260320                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | CA        |       171 | NC      | $-87994.95    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                          | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 01/26 3.15             | CUSIP: 694308JP3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   5530000 | PA      | $5530000.00   | 0.91%             | 2026-01-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                                       | SYNCHRONY FINANCIAL SR UNSECURED 08/26 3.7                 | CUSIP: 87165BAL7<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1495055.15   | 0.25%             | 2026-08-04      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                             | FORD MOTOR CREDIT CO LLC SR UNSECURED 03/26 VAR            | CUSIP: 345397C50<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    800000 | PA      | $802882.97    | 0.13%             | 2026-03-06      | Floating      | 6.72%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | NATURAL GAS FUTR  MAR26 XNYM 20260225                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       612 | NC      | $-3044112.51  | -0.50%            |  |  |  | No            |                  1 | On Loan: No      |
| ISRAEL ELECTRIC CORPORATION LTD                           | ISRAEL ELECTRIC CORP LTD SR SECURED REGS 12/27 7.75        | CUSIP: 46507WAB6<br>LEI: 254900JW7GE35YNJGJ55 | Long             | DBT              | CORP              | IL        |    300000 | PA      | $317861.70    | 0.05%             | 2027-12-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5567                                   | FREDDIE MAC FHR 5567 FB                                    | CUSIP: 3137HMEX4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    537931 | PA      | $541387.11    | 0.09%             | 2055-08-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| COMMODITY WAREHOUSE RECEIPT                               | PLATINUM NYM 3002 MTB RDR                                  | CUSIP: 990AATFR1<br>LEI: N/A                  | Long             | COMM             |  | US        |        55 | NS      | $111577.61    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                   | HYUNDAI CAPITAL AMERICA SR UNSECURED 144A 06/27 VAR        | CUSIP: 44891ADY0<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1408373.57   | 0.23%             | 2027-06-23      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | BOUGHT MXN SOLD USD 20260129                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | MX        |         1 | NC      | $1320.07      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | GOLD 100 OZ FUTR  JUN26 XCEC 20260626                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        38 | NC      | $633591.83    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | PLATINUM FUTURE   APR26 XNYM 20260428                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |      -233 | NC      | $-4363233.43  | -0.72%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | WHEAT FUTURE(CBT) MAY26 XCBT 20260514                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       -26 | NC      | $11058.19     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                   | GOLDMAN SACHS GROUP INC SR UNSECURED 09/27 VAR             | CUSIP: 38141GYG3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3930990.12   | 0.65%             | 2027-09-10      | Floating      | 1.54%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | NY HARB ULSD FUT  MAR26 XNYM 20260227                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |      -122 | NC      | $689047.68    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                       | SOLD EUR BOUGHT USD 20260114                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $-68423.86    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                   | GOLDMAN SACHS GROUP INC SR UNSECURED 04/28 VAR             | CUSIP: 38141GC85<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    600000 | PA      | $605604.88    | 0.10%             | 2028-04-23      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | SILVER FUTURE     JUL26 XCEC 20260729                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        17 | NC      | $404528.02    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| AMMC CLO 24 LTD                                           | AMERICAN MONEY MANAGEMENT CORP AMMC 2021 24A AR 144A       | CUSIP: 00177LAJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    800000 | PA      | $800204.92    | 0.13%             | 2035-01-20      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| MIZUHO BANK LTD/ SYDNEY BRANCH                            | MIZUHO BANK LTD/SYDNEY CERT OF DEPO 02/26 VAR              | CUSIP: ACI2DBH61<br>LEI: 254900O5B06Y1EPP2H33 | Long             | DBT              | CORP              | JP        |   2000000 | PA      | $1335626.95   | 0.22%             | 2026-02-23      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| TRINITAS CLO VII LTD 2017-7A                              | TRINITAS CLO LTD TRNTS 2017 7A A1R2 144A                   | CUSIP: 89641CAU5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1800000 | PA      | $1799969.29   | 0.30%             | 2035-01-25      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | RFR USD SOFR/3.37500 03/31/26-4Y* LCH                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $44878.13     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| TRILLIUM CREDIT CARD TRUST II 2025-1A                     | TRILLIUM CREDIT CARD TRUST II TCCT 2025 1A A 144A          | CUSIP: 89621ACC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2509600.75   | 0.41%             | 2030-09-26      | Floating      | 4.28%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | BOUGHT AUD SOLD USD 20260114                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |         1 | NC      | $61689.74     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                       | BOUGHT ILS SOLD USD 20260115                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |         1 | NC      | $813.73       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                          | BERRY GLOBAL INC SR SECURED 144A 07/26 4.875               | CUSIP: 085770AA3<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    466000 | PA      | $466100.74    | 0.08%             | 2026-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                              | BARCLAYS PLC SR UNSECURED 01/26 4.375                      | CUSIP: 06738EAN5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    800000 | PA      | $800058.80    | 0.13%             | 2026-01-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-27

**Name of Applicant:** PIMCO ETF Trust

**Signature:** /s/ Bijal Parikh

**Name of Signer:** Bijal Parikh

**Title:** Treasurer